Clear Capital is a national real estate valuation technology company with a simple purpose: build confidence in real estate decisions to strengthen communities and improve lives. But if you do, know that you cannot come here and pretend to be someone you are not, attack a valued and respected member of our industry without being scrutinized. Clear Capital serves the mortgage and lending industries, offering clients intelligent valuation solutions for properties nationwide. Ask the Newsmakers: Staying Optimistic in Trying Times, RE/MAX Leaders Celebrate What Was, What Is and What Will Be at 50th Anniversary Celebration in Las Vegas, Mortgage Mix: Lenders Report Mixed Results in Q4 as Rates Continue to Climb, Berkshire Hathaway HomeServices Florida Network Realtys President Named Woman of Influence, Survey Says: What Brokers Really Want in 2023, Supporting Women on Their Path to Leadership, 4 Tips to Modernize Your Marketing Strategies. At Clear Capital, were here to support you. Thanks for posting this Appraiser Blogs and whoever shared it with the author thank you too! Our commitment to excellence wherever it leads, whatever it takes is embodied by our team members across our brands (Clear Capital, CubiCasa, and REO Network) and has remained steadfast in this pursuit since our first order in 2001. Best of luck! This field is for validation purposes and should be left unchanged. Aside from that, I have no intention of standing idly by while MY profession is undermined by liars at ClearCapital claiming this garbage is USPAP compliant (Yes, I INVITE their attorneys contact or other interest-truth is an absolute defence!). Andrews said the cost and risk performance of appraisals conducted through Clear Capitals Desktop Appraisal product is consistent with traditional appraisals. 2. The new product supports Fannie Maes newly announced Value Acceptance + Property Data program, according to the statement. Even non FRT appraisals that claim to be USPAP compliant are within the jurisdiction of the state where the values are opined. There was no other contact information available. Her phone number is listed in ASC directory (twice) if any want to call her. Download the About Clear Capital One Sheet, Download Desktop Data Collection Datasheet, Download ClearCollateral Review Datasheet, Download Collateral Desktop Analysis (CDA) Datasheet, Download ICE Mortgage Technology Product Guide, Download ICE Mortgage Technology Case Study, Download ICE Mortgage Technology User Guide. High 56F. Matt do you do any of those appraisals under a valid state appraisers license for real estate? There is no change to existing fees/policy for: Streamline refinance transactions where the funding fee remains at 0.50%. Deceit and lack of credibility are not compliance. These appraisals werent required to comply with USPAP as FRTs; maybe Georgia requires it? Im not trying to uncover your personal information. Its hypocritical to claim full appraisals are needed to protect clients/consumers by causing harm to that very cohort. Your obviosly lumped inelsewhere ! We have been planning for an industry-wide shift in appraisal backed by policy changes, and we have the data, analytics and technology in place to support this shift and enable widespread adoption of modern appraisal tools industry-wide.. John-Matt-Lisa or whoever you are (Michele?) If Matt is correct and this IS an appraisal I sure would like to see the AMCs documentation that a the fee paid to the appraiser of $25 is anywhere close to being reasonable or customary. Save my name, email, and website in this browser for the next time I comment. Theyve grown so large with armies of employees and lobbyists. is embodied by more than 1,400 team members across four brands (Clear Capital, Clario, CubiCasa, and REO Network) and has remained steadfast since our first order in 2001. If you truly are an appraiser, (it appears you are not per asc registry), you may consider putting your energy in joining the rest of us fighting the low fee structure, consumer price gouging by amcs, amc blast orders for the cheapest and fastest appraisers regardless of their knowledge of the local markets, qualifications or competence, poor quality products (such as the hybrids posted here), meaningless micro management by amcs where the vast majority of their employees dont know anything about appraising, endless 20+ pages long amcs engagement letters, appraisal waivers, etc to name a few of the issues negatively affecting us and the consumer. Founders Duane Andrews, Kevin Marshall. We blend a human touch with leading edge data analytics to ensure your total satisfaction. I didnt sign that. Amid all the hype about how USPAP compliant alternative appraisals can be; the fact is that NONE have been posted anywhere that actually ARE. I misunderstood the previous post that indicated that AMCs would not be allowed. Mike, wouldnt you love to be a fly on the wall in the asset managers office when they have a discussion with loan processing and ask why or if WF is lending on non existent houses? A realtor is an advocate, an appraiser is not. The state the property is in or the state the appraisal is actually performed in? But either way, your understanding of NPI and restrictions on its use are erroneous. Government investigations last for ever, Fraud continues from all sources. Ive taken some hybrids For what ever the reasons, here we are today. Cant do that against name redacted.. Are opposing opinions not allowed here? Order CDA Field Review BPO Value Recon 6-2022. Lets use USPAP to bolster our argument against this appraisal, but accept a black and white breach of the genesis of those governing standards in doing so? There may be jurisdictional issues. Standard pricing without any fee escalation means the appraisal costs are always clear upfront. Media Contact Please contact us and we can help you get started or answer any questions you may have. The product being manufactured is you. Buyer loses a lot of money.AMC gets a done of money for emailing an order.Appraiser loses license for $25.00. It's GSE-compliant and 50% faster than traditional appraisals. (375k instances of confirmed disproportionate fee skimming not in compliance with C&R rules.) Appraisers Should Voluntarily Follow ANSI for Desktops? This product is not credible, not USPAP compliant. Please enter your details below to grab your copy! Wiwapp@gmail.com and I can answer your questions. The client is shown in the report. I think thats even worse. And the winner is. Clear Capital is a leading provider of hybrid appraisals for mortgage origination. Hi Steven.I feel the author could have made the same impactful argument without publishing the actual report to the internet. I am a member of the public that has had wrong doing brought to my attention. Its inclusion is proper, in support of claims that BOTH products have serious procedural issues and credibility issues. Lenders can engage their existing AMC or direct-engagement appraiser panels to reliably complete the desktop appraisal with the necessary property data.. God Bless taxes? 2023 ClearCapital.com, Inc. All Rights Reserved Privacy Policy | CCPA. Sign up with FaceBook group 100% Appraisers. Or, do we have a trusted delegated third party inspector who in turn is also reassigning the BPO inspections? Learn More About Integrating With Clear Capital! The public thinks all appraisers are interchangeable and the banks think they can break us and have us work for slave wages and compete with Mumbai, but not me. This field is for validation purposes and should be left unchanged. Why dont you read all the articles he has authored on this blog, and then go browse his website (http://www.mfford.com). They do what they want, they take what they want, and they buy whom they want. Vulture capitalism at its finest. In this instance I have only posed a series of questions. Right now it is my contention that no qualified appraiser can competently perform these type appraisals to USPAP standards for out of state property for $25.00. The companys panel of more than 4,200 background-checked and trained real estate brokers/agents enables lenders to provide 97% coverage nationwide with proven performance and quality. Learn More About Integrating With Clear Capital! This was given to appraisers by the owner and its posting here is not for any commercial purpose. Clear Capital Appraisals Whether you're funding a conventional loan, a refi, a HELOC or making REO decisions, Clear Capital's residential and commercial appraisal management services deliver exactly what you need, when you need it. RENO, NV / ACCESSWIRE / March 2, 2023 / Clear Capital, a national real estate valuation technology company, today announced the launch of Universal Data Collection (UDC), the latest in the Company's suite of products designed to support appraisal modernization. 03. I just got off the phone with Dustin Harris. Since 2019, Clear Capital has completed more than 250,000 data collections for agency loans that utilized various appraisal modernization programs. Hope they throw the book at her. They only did it through the SCRIBD link-the second property appraisal is still embedded in article above. If they get four or five complaints on same person on same issue they will have little choice but to open investigation. This is the end game. Download the About Clear Capital One Sheet, Download Desktop Data Collection Datasheet, Download ClearCollateral Review Datasheet, Download Collateral Desktop Analysis (CDA) Datasheet, Download ICE Mortgage Technology Product Guide, Download ICE Mortgage Technology Case Study, Download ICE Mortgage Technology User Guide. Download the About Clear Capital One Sheet, Download Desktop Data Collection Datasheet, Download ClearCollateral Review Datasheet, Download Collateral Desktop Analysis (CDA) Datasheet, Download ICE Mortgage Technology Product Guide, Download ICE Mortgage Technology Case Study, Download ICE Mortgage Technology User Guide. At the time of the application the correspondent loan officer quotes a fee and refers them to the AMC who collects payment direct from the borrower before the order is ever put out to an appraiser. Now youve crossed over into Looney Tunes Land; Where in my profile does it indicate Im a financial institution? There have been complaints sent to AB all from the same ISP claiming different false email addresses saying appraiser has been receiving threats. About Clear Capital In 10 short years the amcs grew to monolithic giants whom dominated the landscape over all others, avoiding disclosure, individual accountability, and licensing on every turn. Two turn time based pricing tiers are available ; rural cmmls, sub divisions, sfrs, etc. Our profession is not going to clean itself up. Through our Desktop Appraisal solution, seasoned appraisers can deliver an opinion of value up to 50% faster than a traditional appraisal, meaning mortgage lenders can confidently close loans faster for their customers.. Absent naming the players this keeps going on forever and all we have is a philosophical discussion. An appraiser reviewing cmas? All Rights Reserved. All categories of appraisers from cmml-agricultural, rural res. Just your professional information. Delivering a reliable opinion of value for home purchase and refinance loans nationwide. The data is reviewed for quality assurance and then supplied to an Appraisal Management Company (AMC) or direct-engagement appraiser panel of the lenders choosing. People have already been harmed by these two reports. Your post would also have FAR more credibility if the ASC national registry had any appraiser with the last name of Schorle. Additional comparables to validate those provided are representative of both the subject and the market. IF no appraisers (or AMCs) ever have to worry about being held accountable, then THIS kind of work will become the norm for the profession. I did find that is was to be held in San Antonio in November. The reduction is .30% for subsequent users on cash-out transactions. MY hope is that every person that reads these will ALSO file complaints. Hybrid Appraisal Solution | Clear Capital | Property Valuations Hybrid Appraisal Program GSE-Compliant 1004 Hybrid/70H Appraisal Delivering a reliable opinion of value for home purchase and refinance loans nationwide. You and Lisa work for the same AMC by any chance? 2006-2023 HW Media, LLC. Total fee was $250. Through a single, integrated workflow, ClearCollateral Review checks every aspect of the appraisal, from property photos to comparables, using 500 property data points from 12 sources. We wanted to provide an efficient and cost-effective method for data collection ordering and management that satisfies appraisal modernization policy changes, and delivers more confidence in closing times along with a faster, lower-cost experience for consumers, said, , Director of Product Management for Clear Capital. Check out CCs help wanted pages. The average salary for Appraiser Relationship Specialist, Vendor Experience at companies like CLEAR CAPITAL in the United States is $102,647 as of January 26, 2023, but the salary range typically falls between $86,092 and $119,201. No real person has contacted us directly to have these documents removed. Enough! https://blogs.alamode.com/blog/complying-with-the-gramm-leach-bliley-glb-act. , a global-reaching real estate software company, to produce digital floor plans that provide Digital Gross Living Area (GLA), aligned with the American National Standards Institute (ANSI) standards.