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AI Uncovers $27B Risk in Appraisals: Restb.ai White Paper Finds Flawed Condition and Quality Adjustments

GlobeNewswire LogoGlobeNewswire1d ago

AI Uncovers $27B Risk in Appraisals: Restb.ai White Paper Finds Flawed Condition and Quality Adjustments - GlobeNewswire

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DALLAS, May 07, 2025 (GLOBE NEWSWIRE) -- A new Restb.ai White Paper released today analyzes more than 1,200 real estate appraisals to reveal for the first time over $27 billion in potential hidden financial risk tied to flawed property condition and quality adjustments – exposing a major blind spot in the real estate and mortgage ecosystem.The new Restb.ai study uncovers widespread inconsistencies and transparency issues in how appraisers assess and adjust for a property’s physical condition and quality, two factors that directly impact property valuation, borrower equity, and lender risk.

AI finally offers a solution to efficiently manage this risk.” Unlocking new findings from appraisals Using its proprietary computer vision technology, Restb.ai analyzed 1,271 appraisals and 6,495 comparable properties and uncovered: 1 in 3 appraisals contains a major risk tied to condition or quality adjustments that don’t match the actual property.

A free copy of the Restb.ai White Paper on conditions and quality is available at blog.restb.ai/impact-of-condition-and-quality-on-appraisal-accuracy.About Restb.aiRestb.ai, the leader in AI-powered computer vision for real estate, provides image recognition and data enrichment solutions for many of the industry's top brands and leading innovators in the mortgage industry with AI solutions for valuations and appraisals.

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Article Details

Author / Journalist: Restb.ai

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-07 @ 14:00:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 584 words

Reading Time: 4 minutes read

Sentences: 15 lines

Sentence Length: 39 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © GlobeNewswire

News ID: 28470728

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About GlobeNewswire

Main Topics: Technology

Official Website: globenewswire.com

Update Frequency: 49 posts per day

Year Established: 1998

Headquarters: China

News Last Updated: 8 hours ago

Coverage Areas: China

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #116

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