A message from Founder & Chief Executive Officer, Jim Cutillo
AppraisalVision started as a passion project to change the mindset of an industry by applying data, analytics, and machine learning to the process. Our years of analysis have led to game-changing software for the future of an industry, made available to vendors today.
Today, it takes longer and costs more to get a mortgage than it did in 2005 when I founded Stonegate Mortgage Corporation. This is crazy when you think about the amount of time and money invested into mortgage technology over the past 15 years.
We grew Stonegate from one to over 3,000 employees with $300 million in annual revenue, and successfully executed an initial public stock offering in 2013. This experience gave me unprecedented visibility into the challenges associated with the valuation process and what it takes to build technology that will truly transform an industry.
To do this, you must change the business model. To change a model, you must build technology that enables the change. When I decided to start AppraisalVision, I wanted to address the challenges associated with the valuation process. A lot of which lies around the management of third-party vendors and the need for modernization through alternative valuation products.