Real Estate & Home

Class Valuation aims to cut appraisal risk with new underwriting program

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Class Valuation has launched an underwriting engine that uses AI and human review to provide appraisals lenders can accept without further internal checks, aiming to reduce delays and risk in mortgage lending. This innovation is significant for developers and tech professionals as it showcases how AI can enhance efficiency in financial services, potentially lowering costs and speeding up loan processing times by up to three days on qualifying files.

Read the full article at HousingWire

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