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MBA to HUD: Publish notices about challenges with real estate inspection protocols

Housing Wire

Department of Housing and Urban Development (HUD), which urges the department to avoid reprimanding mortgage servicers for compliance lapses with the new National Standards for the Physical Inspection of Real Estate (NSPIRE) system until it is “fully accessible and usable to each participant.”

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The home inspection process: Should you skip it?

Housing Wire

People often confuse the home appraisal with the home inspection. Inspections, on the other hand, are designed to assess the condition of the home, and they’re 100% optional for the buyer. Are you considering skipping the home inspection? The post The home inspection process: Should you skip it?

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Reshaping appraisals: Jaro’s high-tech solutions innovate the appraisal process in an evolving real estate market

Housing Wire

Jaro’s products are designed to offer new and improved solutions to help lenders tackle modern-day appraisals with pinpoint accuracy designed to eliminate bias and urban pricing discrepancies as homebuyers migrate between the suburbs and major cities. Jaro stands tall as the only end-to-end appraisal platform on the market.

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With homegenius Real Estate’s solutions, lenders can help homeowners explore their home equity options

Housing Wire

The technology is designed to analyze images as well as predict objects of value and room conditions within a house. The AAR consists of an onsite property inspection completed by a local and licensed real estate agent or broker. geniusprice is one of only five AVMs approved for Fitch-Rating RMBS transactions.

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ClearValue teams with Restb.ai to bring computer vision to appraisal process

Housing Wire

is designed to allow an AI-powered system to analyze photos of a property for identification and verification purposes. Restb.ai’s technology will be compatible with broker price opinions, appraisals, inspections and forms. “By Certainty is used by mortgage lenders and valuation providers, and ClearValue’s partnership with Restb.ai

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FHA reiterates loss-mitigation options as Helene devastation continues

Housing Wire

handbook, including inspection and repair escrow environments for loans that have yet to close. Properties in PDMDAs which have pending loans or endorsements, and which have been designated for individual assistance, must have “a damage inspection report that identifies and quantifies any dwelling damage.”

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ICE unveils two new property valuation solutions

Housing Wire

Valuation Selector helps lenders and investors identify the most suitable valuation method (AVM, AVM with inspection, desktop exterior, desktop interior or full appraisal) for a property, depending on its complexity.