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Clear Capital’s Kenon Chen on appraisal modernization

Housing Wire

Editor in Chief Sarah Wheeler sat down with Kenon Chen, executive vice president of strategy and growth at Clear Capital , to talk about appraisal modernization and how technology is just part of the solution. SW: Is the end goal of appraisal modernization to replace appraisers? KC: We went shopping for a solution back in 2016.

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ConsumerDirect Mortgage rebrands as Real Genius, introduces new tech platform

Housing Wire

ConsumerDirect Mortgage rebranded itself to Real Genius and announced the launch of a modern mortgage application platform to simplify a borrower’s experience. Since 2016, we’ve helped more than 51,000 families with their mortgage needs, lending more than $15 billion,” said Thornton.

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How 2020 raised the stakes for the mortgage industry

Housing Wire

Prior to 2020, the mantra around the mortgage industry going back to 2016 was that launching a new “digital experience” was the equivalent to table stakes in poker. Quicken Loans started the game with their Rocket Mortgage “Push button, get mortgage” Super Bowl ad in 2016. Lenders immediately began to race to catch up.

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Digital mortgage startup Maxwell lands $16M in Series B

Housing Wire

As markets shift and borrower expectations change, Maxwell will continue to simplify and modernize the mortgage process for community lenders who impact the lives of homebuyers and homeowners across the United States, and ensure lenders on its platform are poised to be the most competitive in their market.”.

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OCC used “outdated, unclear” guidance for redlining exams

Housing Wire

In recent years, community groups such as National Community Reinvestment Coalition have negotiated community benefits agreements with banks totaling $500 billion since 2016, by seizing on regulatory reviews of mergers to allege the banks redlined. The federal government also has signaled it will intensify its focus on redlining enforcement.

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DocMagic’s Total eClose provides everything lenders need for a 100% paperless eClosing

Housing Wire

DocMagic has always been focused on making it easier for organizations to implement modern digital mortgage capabilities to improve the overall process for all participants. Chris Lewis, Director of Enterprise Solutions.

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James Kleimann of The Real Deal joins HousingWire

Housing Wire

By aligning vertical expertise and innovative B2B marketing solutions, HW Media answers the ever-evolving needs of modern professionals, brands and marketers. With a premium suite of advertising solutions, HW Media builds upon this principle, improving reader experience and delivering brand results.