Press

Reggora, a leading appraisal management software company, announced today the addition of a repurchase and loan-level price adjustment (LLPA) warranty to its appraisal review solution, Reggora Appraisal Review.

Reggora announced today that AJ Samadani has joined the company as Director of Business Development and Partnerships, where he will oversee all business development and partnership functions.

Reggora announces partnership with Loan Originator Networks to automate appraisal order compliance from wholesale brokers and non delegated correspondents.

Reggora announced the launch of its appraisal review solution, Reggora Appraisal Review, an AI-powered tool designed to reduce mortgage lenders’ operating costs, repurchase risk, and accurately detect bias.

Reggora’s new Appraisal Marketplace uses an “Uber-style” algorithm to give lenders the fastest turn times, lowest revision rates, and lowest fee escalation rates available in the industry.

Reggora announces index to benchmark national and localized appraisal performance data for turn times, appraisal fees, fee escalations, and revision rates.

Mortgage lenders can now embed the appraisal experience into their proprietary point of sale systems to enhance the borrower experience.

The cost savings Reggora provides lenders are driven by shorter cycle times, fewer FTE resources & eliminating expensive revenue leakage from appraisal fees.

The results of Reggora's borrower experience survey shows that borrowers prioritize customer service and relationships ahead of costs in their appraisals. Read the full details of the survey in this press release.

By improving its appraisal process with Reggora, mortgage lender Assurance Financial reduced its cost per loan by $150 per file and shortened turn times by seven days.

Reggora's appraisal order management platform reduces a lender's cost to originate by $258 per loan file and we're thrilled to announce that our solution works within *any* custom or proprietary LOS.

Reggora partners with real estate association to connect fragmented segments of the mortgage process.