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The National Average Property Tax Rate Increased Nearly 7 Percent in 2023

Roughly $363.3 billion in property taxes were levied on single-family homes nationwide in 2023, up 6.9% from $339.8 billion in 2022, according to ATTOM. The...

Veros: Low Inventory Will Continue to Boost Home Prices Through 2024 

U.S. home prices are forecast to increase 2.9% over the next 12 months, according to Veros Real Estate Solutions' quarterly VeroFORECAST report. This is an...

Clear Capital Updates Universal Data Collection Product to Align with UPD

Clear Capital has updated its proprietary data collection product Universal Data Collection (UDC) to deliver the Uniform Property Dataset (UPD), Fannie Mae and Freddie...

Realcomp Provides Free Floor Plan Scans Through Alliance with CubiCasa

Realcomp, a multiple listing service (MLS) in Michigan, is now offering CubiCasa free to subscribers through an alliance with the technology provider. CubiCasa’s mobile app...

Connexions Payment Processing Helps Lenders Streamline Valuations

Appraisal management software provider Connexions has introduced payment processing, streamlining appraisal management. Payment processing is a critical aspect of operations and involves navigating a variety...

Valligent Introduces ValPROTECT Warranty

Due to increasing market interest in alternative and enhanced property valuation solutions, Valligent, a Veros Software company, has introduced ValPROTECT Warranty, a solution that...

Steve Wiese: Lenders Must Focus on Mitigating Bias in the Appraisal Process

PERSON OF THE WEEK: For years it has been widely acknowledged in the appraisal industry that fostering greater diversity in all facets of the...

Accurate Group Acquires Voxtur Appraisal Services

Accurate Group, a provider of real estate appraisal, title data, analytics, and e-closing solutions, has acquired Voxtur Appraisal Services, an appraisal management company (AMC)...

Fannie Mae: Home Price Growth Slowed in the Third Quarter

Single-family home prices increased 5.3% from the third quarter of 2022 to the third quarter of 2023, up from the previous quarter's revised annual...

Veros: U.S. Home Prices Forecast to Increase 2.2 Percent Over Next 12 Months

U.S. home prices are forecast to increase 2.2% over the next 12 months, which means home affordability will likely continue to erode - but...

Appraisal Firewall From Xactus Can Fulfill Fannie Mae Property Data Collection Orders

Verification solutions provider Xactus has announced that its Appraisal FirewallX valuations solution has met the requirements and is capable of fulfilling Fannie Mae property...

Clear Capital, LenderX Team to Mitigate Errors Contributing to Loan Repurchases

Loan repurchases increased from $1.1 billion in 2020 to $2.1 billion in 2022, according to a recent report from Sterling Point - and errors...

Voxtur Unveils Property Data Collection Solution

Voxtur Analytics Corp., a company that provides solutions throughout the lending lifecycle, has launched Voxtur Data Collection, or VDC, a comprehensive tool for property...

Clear Capital Launches AURA to Automate and Advance Appraisal Review Process

Valuation technology company Clear Capital has launched AURA, an automated underwriting risk analyzer that enables loan origination and order management platforms to embed advanced...

Valligent GSE Data Collection Suite Aids Fannie Mae and Freddie Mac

Valligent, a California-based real estate valuation company and subsidiary of Veros Software, has launched a GSE Data Collection Suite that supports both Fannie Mae's...

Restb.ai Launches New Valuation Product Suite

Appraisal solutions firm Restb.ai has unveiled its new Valuation Product Suite, designed to expedite the modernization of property appraisals. With the introduction of the new...

Clear Capital and ICE Announce Enhanced Integration to Support Modern Appraisals

To support adoption of modern appraisals, Clear Capital's suite of real estate valuation solutions has been further integrated with the Encompass Partner Connect API...

PCV Murcor: Approved Service Provider to Support Fannie Mae

PCV Murcor, a nationwide real estate valuations management company, has become an approved service provider for data collection field services to support Fannie Mae’s...

Valligent Integration with ICE Mortgage Technology Ups Valuation Options

Valligent, an appraisal management company, recently acquired by Veros, a company focusing on enterprise risk management and collateral valuation services, has integrated with the...

Reena Agrawal: How AVMs Can Promote More Equitable Home Valuations

PERSON OF THE WEEK: Minority communities are facing significant hurdles in their quest to build equity and accumulate wealth when it comes to access...