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Industry vet launches new mortgage CE company, MLO Force

Housing Wire

The aim is to leverage the pair’s experience in content, training and digital production to make required NMLS training more fun, Knottingham said. But I’ve never had as much fun as I do when developing these courses.

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Borrowers want consistency through the lending process – Here’s how to give them that

Housing Wire

The third type of automation included in Indecomm’s continuum is supervised automation, which involves human oversight for the ongoing training of machine learning algorithms and engines and exception processing to handle fall-outs from any automation effort. That is where supervised automation comes in.”. State of Mortgage Automation.

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From Forms to Reports: A Look at the UAD Overhaul

Appraisal Buzz

The original forms were designed before the digital age, to be completed on typewriters. Appraisal software companies have innovated the process of “filling out “these forms, but they are still constrained with the original typewriter design. These forms became fixed in the mortgage industry and have remained the standard for decades.

Appraisal 397
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White House marks one year of PAVE appraisal bias action plan

Housing Wire

Department of Housing and Urban Development (HUD) Secretary Marcia Fudge and White House Domestic Policy Advisor Ambassador Susan Rice, the PAVE task force revealed its action plan one year ago and claims that its efforts have amounted to “critical progress” in its efforts to make the homebuying process more equitable for people of color. “In

Appraisal 346
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Opinion: The elephant in the real estate room? Lowballed appraisals

Housing Wire

Yet as surrounding neighborhoods appreciated in value with increased amenities and services, rising costs pushed out the mostly Black, longtime residents — excluding them from the benefits of development.” That is anathema to the spirit of fair housing (and lending). Limited services means limited options, access and opportunities.

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How LOs can capitalize on social media channels while remaining compliant

Housing Wire

That’s why a growing number of lenders are investing time and resources into developing and implementing robust social media compliance policies. Don’t let poor training on acceptable social media practices prevent your company from realizing the full potential these digital channels have to offer. Discussing Privacy Concerns.

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CAPE Analytics launches new AI-powered, automated property condition report tool 

Housing Wire

It makes accessible information that used to be hard to obtain, such as the condition of the backyard, the proximity of a property to a loud road, train tracks, or a body of water as well as the occupancy status of a property. The solution renders an array of nationwide property information available in one PDF report.

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