New PDR form released in TOTAL for Mobile

on August 24, 2022

Appraisers, appraiser trainees, and other appraisal staff members can now use the free TOTAL for Mobile app to deliver Property Data Reports (PDRs) directly to their clients. The PDR is part of a new offering that allows lenders to originate certain loans without a full appraisal. Additional property information is physically collected on site by […]

Updates to QuickSource and MLS Mapper

on July 22, 2022

QuickSource and MLS Mapper improvements include new features, improved performance, and more customization options  If you’re using QuickSource, make sure to check out all the latest improvements listed below. If you aren’t using QuickSource yet, or haven’t checked it out lately, it’s time to take another look. We’ve continued to add tons of great new […]

Tech Tip: TOTAL’s weighted average and suggested value tool

on June 28, 2022

Do you give more weight to some comps than others? TOTAL’s suggested value helps you do this automatically based on the amount of adjustments in the report – or even manually, where you specify the weight each comp gets. Then, TOTAL helps you put a chart and some explanation into your addenda, for better and […]

Property Data Report (PDR) Update

on June 24, 2022

Recently, Freddie Mac announced that starting July 17, 2022, they’ll transition from offering automated collateral evaluation (ACE) appraisal waivers to offering ACE+ PDR (property data report) for cash-out refinance and certain no cash-out refinance mortgages.  You can see the full announcement from FreddieMac on 6/15/22 here: https://guide.freddiemac.com/app/guide/bulletin/2022-13   You can also view the original announcement […]