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Reevaluating your origination tools? Here’s where to start

Housing Wire

With the recent downturn in volume of new originations, many lenders are using this time to take inventory of the available tools geared toward risk mitigation and workflow optimization. This has led many lenders to feel overwhelmed by options and lack understanding of how, when and where to best implement new technology.

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Kairos’ Innovative Tools for Residential Appraisers

Kairos Appraisal Services

At Kairos Appraisal, we take pride in providing an efficient and streamlined appraisal process that benefits our borrowers, our lending partners, and most importantly our appraisers. At Kairos… The post Kairos’ Innovative Tools for Residential Appraisers appeared first on Kairos.

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Lenders see appraisal modernization as a top priority

Housing Wire

A Fannie Mae survey published in mid-May found that mortgage lenders see value in appraisal modernization, specifically in the implementation of non-traditional appraisals and inspection-based appraisal waivers. One mid-sized lender echoed the opinion of others that appraisals still take too long.

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Nearly 40 housing tech firms make the 2023 Inc. 5000 list

Housing Wire

LoanStar Technologies , which connects lenders with borrowers who are traditionally underbanked or unbanked, also made the list again. Year Founded Description 98 OptiFunder 4,767% 2018 Finance company helping independent mortgage lenders choose among funding options and streamline the process. The company was ranked 351 last year.

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How AI is changing the valuations process

Housing Wire

Technology is growing at an accelerated pace. For investors, we can assist with finding problematic appraisals and evaluating them for a potential putback using the same process. HW: How is artificial intelligence being integrated into the property valuation and appraisal process?

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The Role of Appraisal Review in the Risk System – Appraisal Revisions

Appraisal Buzz

It took several years to re-establish effective and meaningful communication between appraisers and their lending partners. Users will re-engage the appraiser once they attain a level of confidence in that professional’s ability. Technologies are moving fast.

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How to reduce appraisal turn times and improve the borrower experience

Housing Wire

They need better data, more mobility, and automation to streamline their process. When supported by the right technology, appraisers can substantially reduce their turn times and improve customer service. At Voxtur, we are focused on solving legacy industry issues with technology.

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