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Bifurcated Appraisals: What You Need to Know

On Tuesday, June 25, from 1-2 p.m. CDT, the DS News webinar series will host a new presentation entitled “Bifurcated Appraisals: Insights Into an Evolving Industry,” presented by Altisource. This complimentary and informative webinar will feature a deep-dive discussion of bifurcated appraisals—also known as "hybrid appraisals" or "desktop appraisals"—and how they have the potential to change the property appraisal and valuations sector. Subject-matter experts will discuss the benefits and challenges of bifurcated vs. traditional appraisals, best practices, and how this approach has the potential to evolve.

This DS News webinar will feature insights from:

  • Claudia Mobilia, SVP of Operations, Embrace Home Loans
  • George Paquette, Chief Appraiser, Valuations Manager, Springhouse
  • Tracy Phillips, Director, Collateral Valuation, Single-Family Collateral Risk, Fannie Mae

The discussion will include subjects such as:

  • Bifurcated appraisals: then and now
  • Potential benefits and challenges
  • The current state of the appraisal industry
  • Why change is essential
  • Insights from GSE pilot programs
  • The assignment process
  • Educational/training requirements

Claudia Mobilia manages all operations for Embrace Home Loans, including processing, underwriting, closing, support, and vendor management. Mobilia has accrued more than 29 years of mortgage banking experience at Embrace Home Loans. She began in the Capital Market department and quickly worked her way up the ranks, spending time in Underwriting, Report Management, Closing, and Sales.

George Paquette is the Chief Appraiser of Springhouse, which is a business of Altisource. Prior to joining Springhouse and Altisource, Paquette served as the Chief Appraiser for a national AMC and REO servicing company for nearly 10 years and worked for large lenders and owned a real estate appraisal officer in Orange County, California.

Tracy Phillips leads Collateral Valuation Operations, both East and West Field teams, Reverse Mortgage Valuation, Valuation Infrastructure, and Quality Assurance. Phillips is responsible for managing valuations workflow, local market presence, operations, and product quality to facilitate a reliable and consistent asset evaluation. She works closely with Procurement, Vendor Management, Legal, Credit Policy and Digital Products to ensure a cost-effective and reliable collateral valuations for use internally for risk mitigation and externally by the customer and borrower.

You don't want to miss this webinar event. Click here to register now.

About Author: Seth Welborn

Seth Welborn is a Harding University graduate with a degree in English and a minor in writing. He is a contributing writer for MReport. An East Texas Native, he has studied abroad in Athens, Greece and works part-time as a photographer.

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