{"id":416681,"date":"2023-11-22T12:21:57","date_gmt":"2023-11-22T17:21:57","guid":{"rendered":"https:\/\/www.housingwire.com\/?p=416681"},"modified":"2023-11-22T12:53:46","modified_gmt":"2023-11-22T17:53:46","slug":"class-valuation-cio-on-solving-the-appraisal-conundrum","status":"publish","type":"post","link":"https:\/\/www.housingwire.com\/articles\/class-valuation-cio-on-solving-the-appraisal-conundrum\/","title":{"rendered":"Class Valuation’s CIO on solving the appraisal conundrum"},"content":{"rendered":"\n

Editor in Chief Sarah Wheeler sat down with Scot Rose<\/a>, CIO at Class Valuation<\/a><\/strong>, to talk about innovation in the appraisal space and how the technology being deployed for appraisal modernization can actually protect appraisers. This interview has been edited for length and clarity. <\/p>\n\n\n\n

Sarah Wheeler: You\u2019re the chief innovation officer at an appraisal firm, and the appraisal space has not always been known for tech innovation. What’s changing there?<\/strong><\/p>\n\n\n\n

Scot Rose:<\/strong> Technology has been a bit slow going in our space, but it’s really ramped up over the last three to four years. And for some, it’s scary because they don’t like change, but I think not embracing it is where the true risk comes into play \u2014 for both an organization and the profession overall.<\/p>\n\n\n\n

I had a conversation last week with a colleague who’s been in the technology space for over three decades and he mentioned that when first started in the profession people would ask him: \u201cHelp us understand where technology is going to be in the next five to 10 years\u201d And his comment to me was, if you think you can think five to 10 years in advance today, you’re completely lying \u2014 it’s impossible. It’s moving so much faster than ever before. And generative AI<\/a> is probably the best example of that.<\/p>\n\n\n\n

Another example is the LIDAR that\u2019s now available on iPhones, which adds a whole other dynamic to developing point cloud technology to gather measurements and spatial information about anything that you’re scanning.<\/p>\n\n\n\n

SW: How is Class Valuation leveraging AI?<\/strong><\/p>\n\n\n\n

SR:<\/strong> We\u2019ve leveraged AI for years. Today, we use AI, we use computer vision to understand spatial aspects of the home with our property data collection solution. You can now glean condition and quality information through image recognition. Instead of a human with a tape measure or laser device, we’re using technologies and AI to get fully detailed floor plans <\/a>of the interior of the home and it’s also three dimensional. So, we can do 3D models and understand the volume of space instead of just two-dimensional components of that space.<\/p>\n\n\n\n

We also use AI to help run our operations and drive operational efficiency by using predictive analytics and how we assign appraisals to appraisers. And we use AI in our DataMaster solution to do market analysis and support appraisers in how they’re developing appraisal reports.<\/p>\n\n\n\n

And quite frankly, I think that’s probably an area where we’re going to see the most advancement over the next two to three years \u2014 in appraisal development.<\/p>\n\n\n\n

SW: How do you think about technology and prioritizing what to do next?<\/strong><\/p>\n\n\n\n

SR:<\/strong> Years ago, our trademark was \u201cthoughtful change\u201d and that\u2019s how we started this mission of appraisal modernization. As we’re implementing technology, we always try to think of things that are going to improve the experience for all stakeholders: homeowners, real estate agents, investors, rating agencies, appraisers, loan officers, mortgage brokers. Everybody is affected by the appraisal process.<\/p>\n\n\n\n

One area where there’s been a challenge for adoption of appraisal modernization has actually been in the real estate agent space. And I think that\u2019s because they weren’t communicated with upfront around all the things that everyone was working on around appraisal modernization. So, when it hits their desk for the first time, they’re like, \u2018What do you mean, the appraiser is not coming to the property on my transaction?\u2019 And in the market right now, where every transaction is so important to them, if you introduce something that’s strange and new, you get more hesitancy.<\/p>\n\n\n\n

SW: How is technology changing appraisals?<\/strong><\/p>\n\n\n\n

SR:<\/strong> We’re creating a path with technology to de-friction the whole process around purchasing a home \u2014 not only to ensure we don’t have a capacity issue in the future, but also to take things potentially down from hours of time waiting for an appraisal report to potentially having them done instantaneously.<\/p>\n\n\n\n

If we’re collecting the data upfront at point of list to support these processes that are now available, like IBW, inspection based waivers<\/a>, or desktop appraisals <\/a>\u2014\u00a0which the GSEs have rolled out in the last year \u2014 an appraiser can do an appraisal in a matter of hours. And the result is a more accurate appraisal because it\u2019s more independent and appraisers have to base their opinions off the data being provided.<\/p>\n\n\n\n

SW: Appraisals have been under a microscope<\/a> last few years, and tech plays a big role in how the agencies and regulators want to change things. How is Class Valuation rising to that challenge?<\/strong><\/p>\n\n\n\n

SR:<\/strong> Class has really been a driver of this change. We have a ton of appraisers inside of class. And we didn’t think it was fair for them to have to try to develop opinions off of a PDF \u2014 it’s a bunch of textual information and two-dimensional images. We needed to bring the property to them and with our 3D technology we can do that.<\/p>\n\n\n\n

And then we have also tried to work very closely around these issues with appraisal bias that came up secondarily, after we’d already started these modernization initiatives. We were recognized as a spotlight innovator by the Brookings Institute<\/strong> and ASHOKA in the Changemakers Challenge: Valuing Homes in Black Communities. And I think the reason is they saw the value of separating the appraiser from the interaction with the homeowner and with the real estate agents and with others.<\/p>\n\n\n\n

Secondly, they saw the value of full transparency. I spent six years on the Board of Real Estate Appraisers in Colorado right after the housing crisis. And 99.9% of the time when an appraiser got in trouble, it was for misrepresentation of the subject property, because in order to manipulate an outcome around the comps, they couldn\u2019t show everything about the property as it was in reality \u2014 they just showed the pictures they wanted to show. Now, we’re giving a fully transparent data package to the appraiser that they have to use to develop their opinions. You can\u2019t manipulate that.<\/p>\n\n\n\n

The next step is going to be around the development of the appraisal and the data used to generate the opinion of value. We\u2019ll be able to provide similar levels of transparency and support for those opinions around the data that was analyzed and utilized to support the opinion of value.<\/p>\n\n\n\n

SW: You are an appraiser and you’ve been a chief valuation officer. At what point did the tech part come in for you?<\/strong><\/p>\n\n\n\n

I put myself through school as an appraiser, where I was studying computer science and applied mathematics. But I was a senior in college during the dot-com bust<\/a> and there were no jobs to get coming out of college during that time. So I continued to appraise for a while and then I joined a firm in Boulder as a staff appraiser to do due diligence on their loan level reviews. But I quickly got more into the modeling side of things and more into the analytics.<\/p>\n\n\n\n

I’ve always kind of looked at processes and operations with this more analytical and computer science background to figure out ways we could use technology to improve that process \u2014 to make it more efficient, to create more quality outcomes. My job at Class is the perfect role for me\u00a0to take the two worlds and combine them together. I always think of what we do as a technology-based service offering, And that’s the way I think about the appraiser process as well: let’s not replace the appraiser, let’s empower them to use tools so they don’t get replaced.<\/p>\n\n\n\n

SW: What keeps you up at night?<\/strong><\/p>\n\n\n\n

SR:<\/strong> It’s finding a way to really help the appraiser population see the value in adopting technology versus being so resistant. I\u2019m an appraiser and our business is 100% dependent on appraisers being relevant. Appraisers are analysts who really understand market data \u2014 that’s where the appraiser\u2019s highest and best use is. So many people take this protectionist view: they’re so worried about change that they lose sight of adopting these tools in the right way. That’s what’s actually going to protect you from risk inside of the profession.<\/p>\n\n\n\n

The important thing is recognizing that you have to leverage these new tools and bring more credibility and relevancy to our profession. Otherwise, people will start looking for alternatives. And that’s when we do have to worry about generative AI and all these other tools coming in and potentially replacing us as a group. And that won’t happen if we leverage these tools and stay relevant with utilizing them to create better results for everybody involved in the ecosystem.<\/p>\n","protected":false},"excerpt":{"rendered":"

“So many people take this protectionist view: they’re so worried about change that they lose sight of adopting these tools in the right way.” <\/p>\n","protected":false},"author":36,"featured_media":368131,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10089,267958,268078],"tags":[245816,41370],"coauthors":[36744],"acf":[],"yoast_head":"\nClass Valuation's CIO on solving the appraisal conundrum - HousingWire<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.housingwire.com\/articles\/class-valuation-cio-on-solving-the-appraisal-conundrum\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Class Valuation's CIO on solving the appraisal conundrum - HousingWire\" \/>\n<meta property=\"og:description\" content=\""So many people take this protectionist view: they're so worried about change that they lose sight of adopting these tools in the right way."\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.housingwire.com\/articles\/class-valuation-cio-on-solving-the-appraisal-conundrum\/\" \/>\n<meta property=\"og:site_name\" content=\"HousingWire\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.housingwire.com\/wp-content\/uploads\/2022\/10\/Digi-House-e1693233806805.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"700\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Sarah Wheeler\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Sarah Wheeler\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.housingwire.com\/articles\/class-valuation-cio-on-solving-the-appraisal-conundrum\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.housingwire.com\/articles\/class-valuation-cio-on-solving-the-appraisal-conundrum\/\"},\"author\":{\"name\":\"Sarah Wheeler\",\"@id\":\"https:\/\/www.housingwire.com\/#\/schema\/person\/520771665b9c2b5f58c03a4b9936be86\"},\"headline\":\"Class Valuation’s CIO on solving the appraisal conundrum\",\"datePublished\":\"2023-11-22T17:21:57+00:00\",\"dateModified\":\"2023-11-22T17:53:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.housingwire.com\/articles\/class-valuation-cio-on-solving-the-appraisal-conundrum\/\"},\"wordCount\":1479,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.housingwire.com\/#organization\"},\"keywords\":[\"Desktop Appraisals\",\"Scot Rose\"],\"articleSection\":[\"Appraisals and Valuations\",\"Technology\",\"Yahoo Finance\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.housingwire.com\/articles\/class-valuation-cio-on-solving-the-appraisal-conundrum\/#respond\"]}],\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\/\/www.housingwire.com\/#organization\"},\"isAccessibleForFree\":\"False\",\"hasPart\":{\"@type\":\"WebPageElement\",\"isAccessibleForFree\":\"False\",\"cssSelector\":\".wp-block-housingwire-piano-member\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.housingwire.com\/articles\/class-valuation-cio-on-solving-the-appraisal-conundrum\/\",\"url\":\"https:\/\/www.housingwire.com\/articles\/class-valuation-cio-on-solving-the-appraisal-conundrum\/\",\"name\":\"Class Valuation's CIO on solving the appraisal conundrum - HousingWire\",\"isPartOf\":{\"@id\":\"https:\/\/www.housingwire.com\/#website\"},\"datePublished\":\"2023-11-22T17:21:57+00:00\",\"dateModified\":\"2023-11-22T17:53:46+00:00\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.housingwire.com\/articles\/class-valuation-cio-on-solving-the-appraisal-conundrum\/\"]}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.housingwire.com\/#website\",\"url\":\"https:\/\/www.housingwire.com\/\",\"name\":\"HousingWire\",\"description\":\"HousingWire is the nation's most influential source of news and information on housing and mortgage lending.\",\"publisher\":{\"@id\":\"https:\/\/www.housingwire.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.housingwire.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.housingwire.com\/#organization\",\"name\":\"HousingWire\",\"url\":\"https:\/\/www.housingwire.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.housingwire.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.housingwire.com\/wp-content\/uploads\/2023\/10\/cropped-HousingWire-Logo.png\",\"contentUrl\":\"https:\/\/www.housingwire.com\/wp-content\/uploads\/2023\/10\/cropped-HousingWire-Logo.png\",\"width\":1216,\"height\":246,\"caption\":\"HousingWire\"},\"image\":{\"@id\":\"https:\/\/www.housingwire.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.housingwire.com\/#\/schema\/person\/520771665b9c2b5f58c03a4b9936be86\",\"name\":\"Sarah Wheeler\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.housingwire.com\/#\/schema\/person\/image\/5f38b23505e4566dd2b450360a242c49\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/337c49ab0984d94edf03464f353b8810?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/337c49ab0984d94edf03464f353b8810?s=96&d=mm&r=g\",\"caption\":\"Sarah Wheeler\"},\"description\":\"Sarah Wheeler is HousingWire's Editor in Chief, overseeing news content, premium content, sponsored content and event content. She joined HousingWire in 2013 and has served as content editor, magazine editor and managing editor. In 2016, Wheeler won Folio\u2019s Top Women in Media: Director-Lever Doers award. Before her time at HousingWire, she held marketing and editing roles at several ad agencies and healthcare companies, and early on in her career worked as a newspaper reporter. Wheeler holds a degree in journalism from Texas State University.\",\"url\":\"https:\/\/www.housingwire.com\/author\/swheelerhousingwire-com\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Class Valuation's CIO on solving the appraisal conundrum - HousingWire","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.housingwire.com\/articles\/class-valuation-cio-on-solving-the-appraisal-conundrum\/","og_locale":"en_US","og_type":"article","og_title":"Class Valuation's CIO on solving the appraisal conundrum - HousingWire","og_description":"\"So many people take this protectionist view: they're so worried about change that they lose sight of adopting these tools in the right way.\"","og_url":"https:\/\/www.housingwire.com\/articles\/class-valuation-cio-on-solving-the-appraisal-conundrum\/","og_site_name":"HousingWire","og_image":[{"width":1200,"height":700,"url":"https:\/\/www.housingwire.com\/wp-content\/uploads\/2022\/10\/Digi-House-e1693233806805.jpeg","type":"image\/jpeg"}],"author":"Sarah Wheeler","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Sarah Wheeler","Est. reading time":"7 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.housingwire.com\/articles\/class-valuation-cio-on-solving-the-appraisal-conundrum\/#article","isPartOf":{"@id":"https:\/\/www.housingwire.com\/articles\/class-valuation-cio-on-solving-the-appraisal-conundrum\/"},"author":{"name":"Sarah Wheeler","@id":"https:\/\/www.housingwire.com\/#\/schema\/person\/520771665b9c2b5f58c03a4b9936be86"},"headline":"Class Valuation’s CIO on solving the appraisal conundrum","datePublished":"2023-11-22T17:21:57+00:00","dateModified":"2023-11-22T17:53:46+00:00","mainEntityOfPage":{"@id":"https:\/\/www.housingwire.com\/articles\/class-valuation-cio-on-solving-the-appraisal-conundrum\/"},"wordCount":1479,"commentCount":0,"publisher":{"@id":"https:\/\/www.housingwire.com\/#organization"},"keywords":["Desktop Appraisals","Scot Rose"],"articleSection":["Appraisals and Valuations","Technology","Yahoo Finance"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.housingwire.com\/articles\/class-valuation-cio-on-solving-the-appraisal-conundrum\/#respond"]}],"copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/www.housingwire.com\/#organization"},"isAccessibleForFree":"False","hasPart":{"@type":"WebPageElement","isAccessibleForFree":"False","cssSelector":".wp-block-housingwire-piano-member"}},{"@type":"WebPage","@id":"https:\/\/www.housingwire.com\/articles\/class-valuation-cio-on-solving-the-appraisal-conundrum\/","url":"https:\/\/www.housingwire.com\/articles\/class-valuation-cio-on-solving-the-appraisal-conundrum\/","name":"Class Valuation's CIO on solving the appraisal conundrum - HousingWire","isPartOf":{"@id":"https:\/\/www.housingwire.com\/#website"},"datePublished":"2023-11-22T17:21:57+00:00","dateModified":"2023-11-22T17:53:46+00:00","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.housingwire.com\/articles\/class-valuation-cio-on-solving-the-appraisal-conundrum\/"]}]},{"@type":"WebSite","@id":"https:\/\/www.housingwire.com\/#website","url":"https:\/\/www.housingwire.com\/","name":"HousingWire","description":"HousingWire is the nation's most influential source of news and information on housing and mortgage lending.","publisher":{"@id":"https:\/\/www.housingwire.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.housingwire.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.housingwire.com\/#organization","name":"HousingWire","url":"https:\/\/www.housingwire.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.housingwire.com\/#\/schema\/logo\/image\/","url":"https:\/\/www.housingwire.com\/wp-content\/uploads\/2023\/10\/cropped-HousingWire-Logo.png","contentUrl":"https:\/\/www.housingwire.com\/wp-content\/uploads\/2023\/10\/cropped-HousingWire-Logo.png","width":1216,"height":246,"caption":"HousingWire"},"image":{"@id":"https:\/\/www.housingwire.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/www.housingwire.com\/#\/schema\/person\/520771665b9c2b5f58c03a4b9936be86","name":"Sarah Wheeler","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.housingwire.com\/#\/schema\/person\/image\/5f38b23505e4566dd2b450360a242c49","url":"https:\/\/secure.gravatar.com\/avatar\/337c49ab0984d94edf03464f353b8810?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/337c49ab0984d94edf03464f353b8810?s=96&d=mm&r=g","caption":"Sarah Wheeler"},"description":"Sarah Wheeler is HousingWire's Editor in Chief, overseeing news content, premium content, sponsored content and event content. She joined HousingWire in 2013 and has served as content editor, magazine editor and managing editor. In 2016, Wheeler won Folio\u2019s Top Women in Media: Director-Lever Doers award. Before her time at HousingWire, she held marketing and editing roles at several ad agencies and healthcare companies, and early on in her career worked as a newspaper reporter. Wheeler holds a degree in journalism from Texas State University.","url":"https:\/\/www.housingwire.com\/author\/swheelerhousingwire-com\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Class Valuation’s CIO on solving the appraisal conundrum","url":"http:\/\/www.housingwire.com\/articles\/class-valuation-cio-on-solving-the-appraisal-conundrum\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/www.housingwire.com\/articles\/class-valuation-cio-on-solving-the-appraisal-conundrum\/"},"thumbnailUrl":"https:\/\/www.housingwire.com\/wp-content\/uploads\/2022\/10\/Digi-House-e1693233806805.jpeg?w=150","image":{"@type":"ImageObject","url":"https:\/\/www.housingwire.com\/wp-content\/uploads\/2022\/10\/Digi-House-e1693233806805.jpeg"},"articleSection":"Appraisals and Valuations","author":[{"@type":"Person","name":"Sarah Wheeler"}],"creator":["Sarah Wheeler"],"publisher":{"@type":"Organization","name":"HousingWire","logo":"https:\/\/www.housingwire.com\/wp-content\/uploads\/2019\/09\/HW-logo1.png"},"keywords":["desktop appraisals","scot rose"],"dateCreated":"2023-11-22T17:21:57Z","datePublished":"2023-11-22T17:21:57Z","dateModified":"2023-11-22T17:53:46Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Class Valuation’s CIO on solving the appraisal conundrum\",\"url\":\"http:\\\/\\\/www.housingwire.com\\\/articles\\\/class-valuation-cio-on-solving-the-appraisal-conundrum\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/www.housingwire.com\\\/articles\\\/class-valuation-cio-on-solving-the-appraisal-conundrum\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/www.housingwire.com\\\/wp-content\\\/uploads\\\/2022\\\/10\\\/Digi-House-e1693233806805.jpeg?w=150\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/www.housingwire.com\\\/wp-content\\\/uploads\\\/2022\\\/10\\\/Digi-House-e1693233806805.jpeg\"},\"articleSection\":\"Appraisals and Valuations\",\"author\":[{\"@type\":\"Person\",\"name\":\"Sarah Wheeler\"}],\"creator\":[\"Sarah Wheeler\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"HousingWire\",\"logo\":\"https:\\\/\\\/www.housingwire.com\\\/wp-content\\\/uploads\\\/2019\\\/09\\\/HW-logo1.png\"},\"keywords\":[\"desktop appraisals\",\"scot rose\"],\"dateCreated\":\"2023-11-22T17:21:57Z\",\"datePublished\":\"2023-11-22T17:21:57Z\",\"dateModified\":\"2023-11-22T17:53:46Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/housingwire.com\/p.js"},"jetpack_featured_media_url":"https:\/\/www.housingwire.com\/wp-content\/uploads\/2022\/10\/Digi-House-e1693233806805.jpeg","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":439877,"url":"https:\/\/www.housingwire.com\/articles\/fhfa-analysis-finds-racial-disparity-in-appraisers-use-of-time-adjustments\/","url_meta":{"origin":416681,"position":0},"title":"FHFA analysis finds racial disparity in appraisers’ use of time adjustments","author":"Fl\u00e1via Furlan Nunes","date":"January 17, 2024","format":false,"excerpt":"The FHFA based its analysis on the Uniform Appraisal Dataset (UAD), collected by Fannie Mae and Freddie Mac.","rel":"","context":"In "Appraisals and Valuations"","block_context":{"text":"Appraisals and Valuations","link":"https:\/\/www.housingwire.com\/category\/valuations\/"},"img":{"alt_text":"top down aerial view of single family home for appraisal","src":"https:\/\/i0.wp.com\/www.housingwire.com\/wp-content\/uploads\/2023\/09\/AdobeStock_67662435.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.housingwire.com\/wp-content\/uploads\/2023\/09\/AdobeStock_67662435.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.housingwire.com\/wp-content\/uploads\/2023\/09\/AdobeStock_67662435.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.housingwire.com\/wp-content\/uploads\/2023\/09\/AdobeStock_67662435.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":438899,"url":"https:\/\/www.housingwire.com\/articles\/what-tech-leaders-think-about-ai-cybersecurity-and-whats-next\/","url_meta":{"origin":416681,"position":1},"title":"What tech leaders think about AI, cybersecurity and what\u2019s next","author":"Sarah Wheeler","date":"January 11, 2024","format":false,"excerpt":"Here are highlights from interviews with 17 tech leaders in mortgage and real estate.","rel":"","context":"In "Mortgage"","block_context":{"text":"Mortgage","link":"https:\/\/www.housingwire.com\/category\/mortgage\/"},"img":{"alt_text":"AdobeStock_188119025-e1693988059538","src":"https:\/\/i0.wp.com\/www.housingwire.com\/wp-content\/uploads\/2023\/12\/AdobeStock_188119025-e1693988059538.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.housingwire.com\/wp-content\/uploads\/2023\/12\/AdobeStock_188119025-e1693988059538.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.housingwire.com\/wp-content\/uploads\/2023\/12\/AdobeStock_188119025-e1693988059538.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.housingwire.com\/wp-content\/uploads\/2023\/12\/AdobeStock_188119025-e1693988059538.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":439806,"url":"https:\/\/www.housingwire.com\/articles\/realcomp-mls-agents-now-have-access-to-cubicasa\/","url_meta":{"origin":416681,"position":2},"title":"Realcomp MLS agents now have access to CubiCasa","author":"Brooklee Han","date":"January 16, 2024","format":false,"excerpt":"The services of Finnish digital floor plan firm CubiCasa are now available subscribers of yet another multiple listing services.","rel":"","context":"In "Agent"","block_context":{"text":"Agent","link":"https:\/\/www.housingwire.com\/category\/agent\/"},"img":{"alt_text":"home flipping","src":"https:\/\/i0.wp.com\/www.housingwire.com\/wp-content\/uploads\/2020\/03\/home-flipping.jpeg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.housingwire.com\/wp-content\/uploads\/2020\/03\/home-flipping.jpeg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.housingwire.com\/wp-content\/uploads\/2020\/03\/home-flipping.jpeg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.housingwire.com\/wp-content\/uploads\/2020\/03\/home-flipping.jpeg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":438670,"url":"https:\/\/www.housingwire.com\/articles\/opinion-proptechs-big-miss\/","url_meta":{"origin":416681,"position":3},"title":"Opinion: Proptech\u2019s big miss","author":"Jessica Davis","date":"January 12, 2024","format":false,"excerpt":"Traditional finance has absolutely failed to expand homeownership, which continues to hover in the 63-65% range with enormous discrepancies when cut by race and class.\u00a0This area is a failure of proptech, abject to be sure.","rel":"","context":"In "Opinion"","block_context":{"text":"Opinion","link":"https:\/\/www.housingwire.com\/category\/opinion\/"},"img":{"alt_text":"mortgage lending technology illustration with a house and a key","src":"https:\/\/i0.wp.com\/www.housingwire.com\/wp-content\/uploads\/2023\/05\/mortgage-lending-technology.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.housingwire.com\/wp-content\/uploads\/2023\/05\/mortgage-lending-technology.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.housingwire.com\/wp-content\/uploads\/2023\/05\/mortgage-lending-technology.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.housingwire.com\/wp-content\/uploads\/2023\/05\/mortgage-lending-technology.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":440139,"url":"https:\/\/www.housingwire.com\/articles\/uwm-sunsets-findamortgagebroker-com-rebrands-to-mortgage-matchup\/","url_meta":{"origin":416681,"position":4},"title":"UWM sunsets FindAMortgageBroker.com, rebrands to Mortgage Matchup","author":"Connie Kim","date":"January 17, 2024","format":false,"excerpt":"UWM aims to connect homebuyers with a local mortgage broker, provide available loan options through its rebranded website Mortgage Matchup.","rel":"","context":"In "LendingLife"","block_context":{"text":"LendingLife","link":"https:\/\/www.housingwire.com\/category\/lendinglife\/"},"img":{"alt_text":"UWM","src":"https:\/\/i0.wp.com\/www.housingwire.com\/wp-content\/uploads\/2023\/01\/UWM-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.housingwire.com\/wp-content\/uploads\/2023\/01\/UWM-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.housingwire.com\/wp-content\/uploads\/2023\/01\/UWM-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.housingwire.com\/wp-content\/uploads\/2023\/01\/UWM-1.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":437295,"url":"https:\/\/www.housingwire.com\/articles\/first-american-makes-progress-on-restoring-systems-from-pre-christmas-cyberattack\/","url_meta":{"origin":416681,"position":5},"title":"First American makes progress on restoring systems from pre-Christmas cyberattack\u00a0","author":"Connie Kim","date":"January 4, 2024","format":false,"excerpt":"First American\u2019s network \u2014 including its employee email system \u2014 as well as its affiliated bank are back online following a cyber attack.","rel":"","context":"In "Real Estate"","block_context":{"text":"Real Estate","link":"https:\/\/www.housingwire.com\/category\/real-estate\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.housingwire.com\/wp-content\/uploads\/2023\/09\/AdobeStock_78340378.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.housingwire.com\/wp-content\/uploads\/2023\/09\/AdobeStock_78340378.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.housingwire.com\/wp-content\/uploads\/2023\/09\/AdobeStock_78340378.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.housingwire.com\/wp-content\/uploads\/2023\/09\/AdobeStock_78340378.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.housingwire.com\/wp-json\/wp\/v2\/posts\/416681"}],"collection":[{"href":"https:\/\/www.housingwire.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.housingwire.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.housingwire.com\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/www.housingwire.com\/wp-json\/wp\/v2\/comments?post=416681"}],"version-history":[{"count":14,"href":"https:\/\/www.housingwire.com\/wp-json\/wp\/v2\/posts\/416681\/revisions"}],"predecessor-version":[{"id":416704,"href":"https:\/\/www.housingwire.com\/wp-json\/wp\/v2\/posts\/416681\/revisions\/416704"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.housingwire.com\/wp-json\/wp\/v2\/media\/368131"}],"wp:attachment":[{"href":"https:\/\/www.housingwire.com\/wp-json\/wp\/v2\/media?parent=416681"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.housingwire.com\/wp-json\/wp\/v2\/categories?post=416681"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.housingwire.com\/wp-json\/wp\/v2\/tags?post=416681"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.housingwire.com\/wp-json\/wp\/v2\/coauthors?post=416681"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}