Home First Time Home Buyer FAQs AppraisalVision launches AI-powered appraisal execution system

AppraisalVision launches AI-powered appraisal execution system

AppraisalVision has restructured its platform into what it describes as the mortgage industry’s first fully autonomous appraisal execution system. This comes on the heels of a new partnership with Alpha7X, an artificial intelligence (AI) firm with a focus on automating mortgage operations.

The shift eliminates the need for traditional software-based appraisal order management systems. It allows AppraisalVision’s technology to manage appraisals from initiation to delivery using AI agents.

“Appraisal order management platforms were built for humans. Alpha7X was built to reduce human intervention while ensuring regulatory and investor compliance,” said Jim Cutillo, founder and CEO of AppraisalVision. “This marks the end of manual appraisal management. The future is autonomous.”

According to the company, the new system powered by Alpha7X enables real-time order execution, appraiser selection based on housing market data, automated report reviews for compliance, and communication between all parties without the need for human involvement.

The platform integrates directly with loan origination systems and valuation models to streamline processes that have traditionally required manual oversight.

With Alpha7X, the AI agents perform a range of tasks that previously required human managers, including resolving report deficiencies and notifying lenders and appraisers of delays or required actions.

“AppraisalVision is now powered by AI that executes every step of the appraisal lifecycle automatically,” the company said, noting improvements in processing speed, costs and data reliability.

AppraisalVision was originally developed to offer automated order and review tools for appraisal management purposes. The company is led by Cutillo, who previously founded and served as CEO of Stonegate Mortgage Corp.

Alpha7X — also founded by Cutillo — develops AI systems aimed at replacing manual workflows across mortgage origination, servicing and fulfillment.

First Time Home Buyer FAQs - Via HousingWire.com