Reggora released a new AI solution for appraisal review, the company announced in a press release. Reggora Appraisal Review is a new software that analyzes appraisal reports to identify key data points, inconsistencies, and potential red flags. The product can detect bias in reports more accurately than lexicon-based tools, removing objectivity concerns for underwriters, company…
Reggora updated its order management platform to embed borrower’s appraisal information into a lender’s POS system, the company announced in a press release. The update improves borrowers’ experience by resolving common issues in the appraisal process. Lenders can collect payments, show appraisal status, and schedule inspections within their POS system. Reggora says the update reduces…
Borrowers once again affirmed that quality of experience matters more to them in the lending process than cost. In a new survey from Reggora, an appraisal management software company, most borrowers said they care most about speed and quality in an appraisal. These were followed by communication and professionalism. The cost of the appraisal was…
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