“Appraisal alternatives during COVID-19 — What we’ve learned and the future of appraisals” panel session

[Jim Scholl]

FYI: Lyle Radke from Fannie and Scott Reuter from Freddie plus a Quicken Loans representative and a Clear Capital moderator(Ugh!)

Appraisal alternatives during COVID-19 — What we've learned and the future of appraisals

Watch our panel session from Digital Mortgage 2020 to hear representatives from Fannie Mae, Freddie Mae, and Quicken Loans discuss what we've learned from appraisal alternatives during COVID-19 and how this impacts the future of appraisals.

www.clearcapital.com

 

[Tawfik Ahdab]

Clear Capital? That says it all!

 

[J Grant]

FYI: Lyle Radke from Fannie and Scott Reuter from Freddie plus a Quicken Loans representative and a Clear Capital moderator(Ugh!)

Appraisal alternatives during COVID-19 — What we've learned and the future of appraisals

Watch our panel session from Digital Mortgage 2020 to hear representatives from Fannie Mae, Freddie Mae, and Quicken Loans discuss what we've learned from appraisal alternatives during COVID-19 and how this impacts the future of appraisals.

www.clearcapital.com

Watch our panel session from Digital Mortgage to learn about the future of appraisals. Listen to top leadership from Fannie Mae, Freddie Mac, and Quicken Loans discuss key insights on the true value of homeowner-enabled inspections — from improving appraisal turn time and eliminating scheduling, to improving customer experience and expediting the digitization of the appraisal process.

I did not bother to listen ( too busy reports due ) but can imagine the BS spin, I have posted before that Fannie seems to be heavily influenced by Quicken Loans what does that say about an agency supposedly with a mission of public trust , Clear Capital is a profit maker off valuations so the fact that Fannie, Freddie, are paired with Quicken and CC shows who their allegiance is too and it ain't the US taxpayer backing the loans nor the investors in these loans -- why the constant pressure to improve turn time these loans are for 30 years if a customer or loan officer waits a day or two more so what, and improving the customer experience?? WTF, this is not selling shoes on Amazon, what does the customer experience have to do with it - making the customer take photos of their own home is a burden fro them and inserts them into the appraisal process and lack of inspection if must be because of covid is one thing but to then adopt an emergency policy for normal times - speaks for itself.

I've done a few covid desktops 1004 and I deliver them SLOWER then when I personally inspect, not intentionally but the lack of personal inspection makes me have to double check everything else

BTW their alliance with Quicken Loans puts other more traditional or careful lenders at a disadvantage it is favoritism to adapt policies that favor that internet lender and which might disadvantage other lenders.

 

[djd09]

the digitization aligns perfectly. almost like they knew.

how's that 3 year pilot going?