So who IS going to try to do something? The amount of photos is ridiculous !!! Regardless, my name is not germane to this discourse. 949-280-4704, 2023 ClearCapital.com, Inc. All Rights Reserved Privacy Policy | CCPA. We welcome critical posts & opposing points of view. Its scary to me that multiple strangers are trying to find personal information on me. Every minute I spend on this kind of thing represents money I am not earning for myself or MY family; but I think its important enough to warrant the trade off. A buyer sustained real loss as a result of these. Several years ago:I bid on an appraisal for the purchase of a note the supposed property was several thousand acres in Arizona. 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. (There is much more behind the scenes that is known, but which isnt being published because that would jump into speculation and other issues).Both appraisals were from same original source. You can find forms for investigations against both the appraiser and broker in question at https://grec.state.ga.us/forms-applications/investigations/. 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 Dan McAlister, director of product management for Clear Capital. Look at the thumbs up/down ratios. About Clear Capital I guess that is how you think you are going to keep your license. REVAA has mice all over DC and we have NO representation while our Independence is truly being taken advantage of. Georgia required a notarized signature (worth the effort in my opinion). Ive filed a formal complaint with Indiana and Georgia follows later this week. I urge all to do the same. Absolute garbage ! UDC is supported by ClearInsight, a mobile app where real estate professionals to generate a complete digital picture of a home. The law specifies loan #s, client information, and interior details as NPI. Each state has its own jurisdictional limitations. Clear Capitals data collectors are licensed appraisers and brokers who have local MLS credentials, have been trained by us, and have passed our quality assurance standards. Please enter your details below to grab your copy! See What IS a "ClearVal Appraisal"? Clear Capital, a real estate valuation technology company and firm, is laying off 27% of its staff months after freezing mass hiring, TechCrunch has learned from sources. If lenders; AMCs, REVAA and anyone else doesnt want to figure prominently in public articles about the quality of their or their clients work product(s) then ALL THEY HAVE TO DO IS STOP MISREPRESENTING what those products are. The main vehicle for achieving this goal is a Practical Applications of Real Estate Appraisal (PAREA) program . UDC is supported by ClearInsight, an easy-to-use mobile app that enables real estate professionals to quickly generate a complete digital picture of a home. I simply wish to remain anonymous, not unlike others here. 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. It is my understanding that to date not a single one of them has ever been audited or held to compliance with the majority of lending rules which everyone else has to follow. Better check to see if you are covered. Please enter your details below to grab your copy! Money for nothing with no individual accountability is a powerful motivator. Their obligation to protect the NPI was to their client. The company has a panel of more than 4,200 brokers and agents, allowing lenders to provide 97% coverage nationwide. See me waving? Wiwapp@gmail.com and I can answer your questions. Clear Capital, a real estate valuation technology company, has announced the launch of Universal Data Collection (UDC), the latest in the Company's suite of products designed to support. Hope someone printed it. lol. Why Use Clear Capital Commercial Evaluations? Looked at the ASC website, it appears that all Michelle Shavons licenses are still in good shape across the board, no disciplinary actions taken. Because amc trolls pretending to be appraisers are a dime a dozen here. Near real-time issue resolution and escalation Zero calls go to voicemail during business hours. Youd never see the inside of a jail cell but could roll the dice that if you could hold up for just a few years, youd likely be a millionaire. Sooner or later one is large enough or far reaching enough to attract the attention of enough people to do something. The issue is: A phony appraisal was (2 actually) were prepared using a flawed system and process that does not remotely match Clear Capital advertised quality claims or reliability. Clear Capital Announces Universal Data Collection in Support of Fannie Mae Appraisal Modernization Policy Changes, Conversations at ICE Experience 2023: Sarah Knochel, CEO of Data and Analytics at Candor Technology, and Tom Booker, Chief Strategy Officer at Candor Technology, Conversations at ICE Experience 2023: Stephanie Durflinger, SVP, Product Management, ICE Mortgage Technology, Conversations at ICE Experience 2023: Brent Chandler, Founder and CEO of FormFree and Eric Lapin, President of FormFree, 5 Questions to Ask Your AVM Provider for Home Equity Lenders. 2006-2023 HW Media, LLC. These specific cases involve issues that need to be brought before regulators attention to take care of the problems before the entire profession of appraisal loses whatever limited credibility it still has. Lots of nice data.. but does it have ANY Credibility?? 2. Research and investigate. If folks cannot find me I suppose I need to increase my advertisement budget! Learn More Collateral Desktop Analysis (CDA) I really regret I have to be lumped in with myopic practitioners like you. ross@calibercorporate.com This is a BIG brokerage. First, we listen to your needs. Clear Capital serves the mortgage and lending industries, offering clients intelligent valuation solutions for properties nationwide. The approach can save time and money while providing a superior experience for the borrower. That solution should come from us. The appraisal management fee was $225.00. 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. and lastly Im a little guy that is frankly just fed up with being screwed over by too big to be held accountables pissing on my leg and telling me its rainfall. Ive said my piece..Good luck! The representative was requesting additional information which was given, and to also let me know their office takes ALL consumer complaints seriously. Matt couple thoughts, if the name is a nom de plum please just say so because there is no Schorle licensed in ASC directory. About Clear Capital Clear Capital is a national real estate valuation technology company with a simple purpose: to build confidence in real estate decisions to strengthen communities and improve lives. . You came out all guns blazing and you sounded just like the amc trolls weve been dealing with on a regular basis. logies. Im disappointed to say the least and wont be attending either. Please enter your details below to grab your copy! It wasnt worth ABs time to argue with them since they can store the reports using alternative storage sites. Like the 10% AMC fee posted for the hybrid horror from ClearCapital Im only giving them 10% of my digits if I waive.. The mantra of amcs these days. A realtor is an advocate, an appraiser is not. Where have you been? You said yourself, you were given the report by the client and you werent sure the appraiser even signed it. NO inferences should be drawn one way or another at this stage. Appraiser compensation is $25!! is she affixing or authorizing it each time or is ClearCapital just slapping her name on these without her specific authorization? In this case I dont see any wrong doing from Mike or the Appraisersblog team though. We have seen seismic shifts across the housing market in the past year, and the appraisal modernization policy work being done by Fannie Mae and Freddie Mac provides a welcomed change as alternative valuation approaches offer a crucial path forward for lenders and homeowners alike, said Kenon Chen, EVP of Strategy and Growth at Clear Capital. Our experienced panel provides coverage across 90% of the U.S., meaning lenders can broadly adopt Desktop Data Collection and quickly scale nationwide, he said. A PDC can take as few as 2 business days to complete, dependent on homeowner scheduling constraints. Please keep remarks about the topic at hand, & PLEASE avoid personal attacks. Please take the time to contact me so I can explain to you actual context of the festival and the reasonings that anyone can come. Founded Date 2001. Hopefully enough readers will send letters direct to the property owner and suggest he contact attorneys to see if he has a possible fraud claim against the broker-appraiser of AMC that assembled the ClearVal Appraisal. Maybe an E&O claim against the appraiser for the inflated values. If you would like to understand more please contact me as this is much different than anything done before. National Appraiser Panel averaging 21 years experience and 7 years on our panel, Property Data Collection Specialists serving nationwide, Licensed/certified appraisers and Clear Capital PDC certified real estate agents/brokers with local MLS credentials and public record access The State of Indianas Attorney General Office was not happy about the nature of the report but concluded in the end that they did not have jurisdiction over this specific case. He certainly doesnt need to have an attorney to file a complaint in Georgia, Indiana and California (where the AMC is purportedly located). Lenders can purchase a package inclusive of Clear Capitals Desktop Appraisal and Desktop Data Collection solutions, or opt for Desktop Data Collection as a standalone product. We understand that customers have different needs - from simple to complex. Or, do we have a trusted delegated third party inspector who in turn is also reassigning the BPO inspections? No its not. 1. By that I mean specific complaints need to be filed. Order CDA Field Review BPO Value Recon 6-2022. It is NOT an AMC focused event. The other three states would only be if one of he other states finds shortcomings. Wonder if the appraisals for funding were more great quality Rels or Corelogic AMC products? Andrews said the cost and risk performance of appraisals conducted through Clear Capitals Desktop Appraisal product is consistent with traditional appraisals. Some time ago First American tried to push a product called a PACE PRO (desktop type) that had the probable fraud built right into it. Matt Schorle doesnt exist as an appraiser. A supplemental services provider simply removed it based on an unvetted complaint as is their policy. My guess is you are just another amc troll and not an appraiser. Your post would also have FAR more credibility if the ASC national registry had any appraiser with the last name of Schorle. This makes my blood boil! This field is for validation purposes and should be left unchanged. PERIOD. I dont look to tilt at windmills and win every battle.Its more like dropping a pebble or pebbles in a pond and seeing where the ripples go and for how long. 2023 RISMedia. Then, we combine human expertise with analytical insights for valuations that help you make better decisions Learn more about our Modern Appraisal solution - PLATFORM Mitigate Risk Before It Costs You a Bundle. May 31st, 2022 Katrina Davis Pricing 0 Comment. Dont worry Matt. Historically investor-bankers were protected by recourse lending. Best of luck! Under current rules, any home valued at more than $250,000 needs to be examined by a licensed appraiser. Georgia is logistically more difficult that will be tomorrow. Multi state. I am a member of the public that has had wrong doing brought to my attention. Track order status, place a hold, request a cancellation or revision, View Complete Order History We generally include authors' info at the end of each article. Another question is whether this is actually a CC staff appraiser; one where CC paid her out of state license fees, or simply guaranteed a high enough volume to make signing whatever was put in front of her worth while. My favorite is being asked by CC to do an appraisal for Wells Fargo asset valuation and going to site and wandering around for almost an hour trying to find the house not finding it based on plat map and satellite information, only to finally realize it was missing. Put her out of her misery. Plenty of sunshine. As I clearly stated, Im not defending this product, Clear Capital, or AMCs- Im voicing my issues against this obvious violation of our confidentiality requirements as appraisers to the public. 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. State Appraiser Coalitions & Organizations, Fraud Facilitating Misleading GSE Products, Uniform Standards of Professional Appraisal Practice, Mike Ford, AGA, GAA, RAA, SCREA, Realtor, Mike Ford, American Guild of Appraisers (AGA), https://grec.state.ga.us/forms-applications/investigations/, Mike Ford, AGA, GAA, RAA, SCGREA, Realtor, Mike Ford, AGA, GAA, RAA, SCREA, Realtor(R). The PDC is a rigorous on-site data collection process and the collector provides objective, factual information about the property. 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. Please enter your details below to grab your copy! The borrower most often doesnt even realize. If youre working to secure loans valued at less than $500,000, a commercial evaluation could be a perfect fit for you. If they were, then Id be passing it up too, Maybe we can make some more T-Shirts for the event, AMCs KMA Is bound to make striking up conversations with them easier. The question was rhetorical, they have already gotten away with it. Clear Capital - the 2022 HousingWire Tech100 mortgage company, founded in 2019, has completed more than 250,000 data collections for agency loans, which utilize appraisal modernization programs. Obviously this AMC or the lender/client released this report to unauthorized partiesbeforeit ended up here. Clear Capital the 2022 HousingWire Tech100 mortgage company, founded in 2019, has completed more than 250,000 data collections for agency loans, which utilize appraisal modernization programs. Then there is a line that says digital signature and that appears like this /Michelle Shoven/. What? I got my inspection fee and they never got a report. Sign it in a few clicks Draw your signature, type it, upload its image, or use your mobile device as a signature pad. Feel free to send links to the post to their attorney or their Chief Appraiser. Why dont you read all the articles he has authored on this blog, and then go browse his website (http://www.mfford.com). I think the VA is smart enough to see what is going on here. All Removing the one appraiser who likely already profited over 1 million dollars in 5 states wont do anything. Trust? You talk about imagined legal obligations that you have no clue on. UDC is supported by Clear Capitals ClearInsight Platform and will leverage CubiCasas software for digital floor plans. Vulture capitalism at its finest. Amcs have purposefully driven licensed appraisers out of business, in hopes of capturing the entire valuation income pie for themselves with vastly reduced accountability and liability. The Obvious Choice for Appraisal Review: Collateral Desktop Analysis (CDA ) Designed to remove pre-funding uncertainty, the CDA re-evaluates the original appraisal so you can deliver a comprehensive loan file quickly. They define appraisers as a Financial Institution, and bound by privacy and confidentiality, no matter where they fall within the chain. Please understand that guest trolling is not tolerated. It is also apparent consumer fraud since they induced the guy to invest on the premise that hed be able to refinance and profit once the hypothesized as repaired items were taken care of. Id rather retire. Ill take care of that later this week. I have zero obligation to protect anyone related or associated with the appraisals in question. UDC will also support Freddie Macs ACE+ PDR solution for lenders to scale their business. Company A maintains a strict quality control process and incurs appraisal costs of $150,000 per month, whereas Company B chooses not to check for quality because they are confident in their manufacturing process. ClearAVM + PCI is an alternative to an appraisal for low-risk home equity transactions less than $400K. Amid all the hype about how USPAP compliant alternative appraisals can be; the fact is that NONE have been posted anywhere that actually ARE. Anything else is holding the fee hostage and making the appraiser fund their ponzi scheme cash flow. Thats the objective. Repeat after me;appraiser shortage, appraiser shortage. Appraisers Should Closely Watch Probe of Departed Brookings Boss, Lowballed It Is Open Season On Appraisers, Occupational Licensing Used to Intimidate, Only Blacks Need Apply In the Spirit of Equity, HUD ROV Process to Address Appraisal Bias, Fannies Equity Plan: The Drinking Game, Property Data Reports for Appraisal Waivers. 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. In this instance I have only posed a series of questions. Desiree- my original comment was not an attack; however, I do admit, and have apologized to Mike for, some of my subsequent comments. Credible results & honest disclosures or not? But wait a minute. It has nothing to do with this dialogue. Get more info about our property data collection program! Complaints should be filed in EVERY state named herein. Please enter your details below to grab your copy! Before our bank would approve any money being loaned out, common sense dictates a lender hire a real appraiser with eyes, ears (boots on the ground) to personally inspect an asset. The provider had full advance knowledge of what I would do with it if and when it was sent to me, if after reading it I concurred with original discussion comments concerning it. "We wanted to provide an efficient and cost-effective method for data collection . Mine is (714) 366 9404 Feel free to give it to her. No rules for amcs, they are the bitcoin of real estate now. The appraisals were performed on a desktop basis by an appraiser in Indiana. This program is similar to a bifurcated or hybrid appraisal in that the appraiser concluding the value may not be the real estate professional visiting the property. The company offers real estate valuation, analytics, and platform technology solutions. Lenders can engage their existing AMC or direct-engagement appraiser panels to reliably complete the desktop appraisal with the necessary property data.. Even if it were, WE have no client relationship with the pondscum that produced the format used. UDC data set provides lenders with immediate national scalability, interchangeability and less complexity for loan management. Honorable Mention goes to Coester VMS and Streetlinks. I went to see a notary friend but forgot to take the Georgia complaint with me. Get more info about our property data collection program! Imagine what they would do if they get a hundred or two hundred? You said you were given the report from a consumer, that means youre accountable under consumer safeguard laws. Funny how CC work sorta dried up after I used my brain. This new innovation automates the review of property photos, ensuring they are aligned with the appraisal data and sketch. Appraisers Blogs 2023. Hi Steven.I feel the author could have made the same impactful argument without publishing the actual report to the internet. Government investigations last for ever, Fraud continues from all sources. Clear Capital Appraisal Pricing - 6-1-2022. 375,000 evals already completed per the companies own advertisements. These reports actually went through several sets of hands including people they (involved parties) were trying to influence before reaching me. Lumped in with me ? I see ones still up above! So, the appraiser doesnt know the WHO or even the WHAT of qualifications or the source of data she signed her name under. Matt, I know how important privacy is to those on this forum. Appraisal management company Clear Capital, in the latest effort to revamp the appraisal process, hopes to automate property photo reviews to ensure d. Breaking News. What about the investors that BELIEVED they had a USPAP compliant professional appraisal? Their growth is now accelerated and its likely the appraisal profession will cease to exist in mortgage lending unless every single last distribution employee is held individually accountable through licensing. You can also subscribe without commenting. Notify me of followup comments via e-mail. Id join a class action but unless Im part of a larger group of protection, I dare not go against these highly corrupt domineering organizations. It is also the lender failing their obligations under FIRREA OR state law. ANY appraiser that has legally come into possession of an appraisal report CAN make it public. 03. It's also ideal for valuing commercial properties to be used as collateral on business loans less than $1 million and for extending credit and loan modifications. I see your point, and Im trying to piece this together through this thread, so forgive me. 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. As usual, the largest companies are the most aggressive, pushing the envelope of ethics and acceptability. Thats probably the only effort which will provide corrections which all of us can benefit from. There have been complaints sent to AB all from the same ISP claiming different false email addresses saying appraiser has been receiving threats. The appraiser merely reviewed a cma and relied on Earls data. The company alsoannounced ClearInsight, an easy-to-use mobile app that enables real estate professionals, homeowners, and appraisers to quickly generate a complete digital picture of a home. (Actually considerably more to it was reported but I wasnt there for the conversation so wont report it as factual). Guess what..this IS an appraisal as its a value rendered and signed by a certified appraiserGuess what.this a proprietary report obtained by a client that has a loan number and borrower nameSo, you think posting this NPI to a public site BY AN APPRAISER doesnt harm the consumer?..again, not defending the product, just pointing out the obvious hypocrisy of this authors self-fulfilling prophecy. Earl should be complained on first? Clear Capital - the 2022 HousingWire Tech100 mortgage company, founded in 2019, has completed more than 250,000 data collections for agency loans, which utilize appraisal modernization. Its time we lift up the cinder block and expose these predatory lenders and appraisal management companies for the insects and parasites that they are. * Suited for commercial small balance originators, loan servicers and capital markets participants, Commercial Evaluations delivered by Clear Capital provide total flexibility in scope of work, offering multiple form options to fit your needs. Do not reproduce without permission of authors. UDC data set provides lenders with immediate national scalability, interchangeability and less complexity for loan management. Site by, The new, must-have technology thats tackling lendings greatest challenges. Multiple test properties reviewed by QA before certification, Clear Capitals Seasoned QA, Customer Success and Support Teams, QA specializing in hybrid appraisals since 2008 Visitwww.clearcapital.com/solutions/desktop/to learn more. Clear Capital was established in 2001 and is headquartered in Reno-Tahoe, Nevada. Don't subscribe Stopped by county office after inspection to find the house had burned down, been demolished 3-4 years prior to inspection. I dont know of any studies where 10% is deemed C&R. TAF has no desire to do it. The recent additions of desktop appraisals to Fannie Mae and Freddie Macs selling guides were an important milestone for our industry, as the desktop option can help deliver more timely appraisals while mitigating appraiser capacity restraints and helping to standardize property data collection, saidDuane Andrews, CEO of Clear Capital. Download Digital GLA/ANSI Alignment Datasheet, Download ClearCollateral Review Datasheet. We blend a human touch with leading edge data analytics to ensure your total satisfaction. sales with carry back financing. No analysis and very little liability. Consume. The solution also. Our commitment to excellence wherever it leads, whatever it takes 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. Mark screens all applicants to assure they are appraisers. Im not attacking anyone. Guess what.this is not an appraisal so no breach of confidentiality. (375k instances of confirmed disproportionate fee skimming not in compliance with C&R rules.) Clear Capital's ClearCollateral Review uses intelligent appraisal review automation to reduce manual efforts while improving appraisal quality control. I just got off the phone with Dustin Harris. Appraisal subcommittee search brings better results. This is more of the same amcfest! Whats REVAA? No, Lisa and I dont work together, and, again, Im a field appraiser. Learn More About Integrating With Clear Capital! The reduction is .30% for subsequent users on cash-out transactions. Dan McAlister, Director, Product Management at Clear Capital, said the accessibility of Desktop Data Collection and the companys nationwide panel of data collectors should make this an attractive offering for lenders. A Commercial Evaluation delivered by Clear Capital is a fast, comprehensive, fully compliant solution for a variety of loan servicing needs. Additional comparables to validate those provided are representative of both the subject and the market. Funny how I found your comments here, Retired Appraiser. We are helpless in the face of major corporations and their employees whom have no personal accountability. Absent naming the players this keeps going on forever and all we have is a philosophical discussion. Redacted or otherwise. 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? Years in Business: 21. Business Started: 4/20/2001. Clever! 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. 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. In fact, he was taking a bath and offered a bribe of 3K to the next appraiser to come along to hit a number. As Clear Capital has been very active as an early adopter of the Value VerifyTM program, we would love the opportunity to share what we have learned about the program. The combination of our rigorous certification program, easy-to-use mobile app, team of highly-trained data collectors, and meticulous quality control makes our program stand out from the rest.. It simply different than ABlogs is. All too many are not respecting management rules to not provide a thing of value to be the preferred selectee, its been a problem for a long time, enticement by discount to rake unfair portions of work ahead of more worthy candidates. Clear Capital, a national real estate valuation technology company, has announced the launch ofDesktop AppraisalandDesktop Data Collection, two products designed to further modernize and increase certainty in the appraisal process. The new product supports Fannie Maes newly announced Value Acceptance + Property Data program, according to the statement.
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