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Joni Pilgrim discusses AI's impact on property appraisals

Created at 2 Sep · 10:05 AM1 source
IN SHORT

Joni Pilgrim, co-founder of Rise Women in Mortgage and membership committee chair for the Florida Association of Mortgage Professionals, spoke with HousingWire's Sarah Wheeler about UAD 3.6 and the evolving role of artificial intelligence in the appraisal industry.

Who's Involved

Joni Pilgrim
Co-founder of Rise Women in Mortgage and membership committee chair for the Florida Association of Mortgage Professionals
Sarah Wheeler
Editor in Chief of HousingWire
Joni Pilgrim discusses AI's impact on property appraisals

↳ Why This Matters

The integration of AI into property appraisals signifies a technological shift that could impact efficiency, accuracy, and the overall business model within the real estate and mortgage industries.

Key facts

  • Joni Pilgrim discussed UAD 3.6 and its relation to artificial intelligence in the appraisal industry.
  • Pilgrim is the membership committee chair for the Florida Association of Mortgage Professionals.
  • She is also a co-founder of Rise Women in Mortgage.
  • Pilgrim was formerly the co-founder and CEO of Nationwide Appraisal Network for 22 years before its sale.

Joni Pilgrim, a prominent figure in the mortgage industry, discussed the implications of UAD 3.6 and the growing influence of artificial intelligence on property appraisals in a recent interview. Pilgrim, who co-founded and served as CEO of Nationwide Appraisal Network for 22 years until its sale, now holds leadership roles including membership committee chair for the Florida Association of Mortgage Professionals and co-founder of Rise Women in Mortgage.

During the discussion, Pilgrim highlighted how AI is poised to continue transforming the appraisal sector. Her insights were shared on the HousingWire Daily podcast, where she engaged with Editor in Chief Sarah Wheeler on the evolving landscape of mortgage banking and real estate valuations.

Frequently asked questions

Joni Pilgrim is a co-founder of Rise Women in Mortgage and the membership committee chair for the Florida Association of Mortgage Professionals. She previously led Nationwide Appraisal Network for 22 years.

UAD 3.6 refers to an update or version of the Uniform Appraisal Dataset, a standardized format for appraisal data used in the mortgage industry.

AI is expected to continue changing the appraisal industry by potentially increasing efficiency, altering workflows, and influencing valuation methodologies.

What Happens Next

01Further developments in UAD 3.6 implementation.
02Continued integration of AI technologies in real estate appraisals.

How It Developed

Joni Pilgrim discussed UAD 3.6 and AI's impact on appraisals.
Pilgrim previously co-founded and led Nationwide Appraisal Network for 22 years.
She currently chairs the membership committee for the Florida Association of Mortgage Professionals.
Pilgrim is also a co-founder of Rise Women in Mortgage.

Sources

T1
Joni Pilgrim on UAD 3.6 and how AI could disrupt appraisalsHousingWire

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