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Increasing competition in private lending: How to stand out

Housing Wire

According to a recent report by Forbes, over half of all real estate investors are now turning to private lenders. The rise of private lending Private lenders disrupted the monopoly of traditional banks and the private lending market has since seen a remarkable rise, reaching $1.5

Lending 415
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The holistic approach: A paradigm shift for quality control in mortgage lending

Housing Wire

This approach integrates QC principles throughout the lending process, from application to servicing. This focus aligns with Fannie Mae’s QC requirements and reflects the growing importance of data in the lending process. Enhanced Data Analytics : Predictive modeling will help lenders identify potential issues before they occur.

Lending 441
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Revolution Mortgage integrates Tavant’s Touchless Lending

Housing Wire

Mortgage lender Revolution Mortgage has partnered with Tavant, an AI-powered digital lending company, to integrate Tavant’s Touchless Lending product suite into Revolution Mortgage’s platform. Tavant, an HW Tech100 winner for multiple years, helped underwrite more than 80,000 loans in 2021.

Lending 430
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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. We have also seen large multi-channel lenders reducing their risk footprint in wholesale and correspondent lending.

Tools 417
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The non-QM advantage: Ryan Barrus shares Acra Lending’s blueprint for broker growth

Housing Wire

In a high(er) rate environment, non-QM (non-qualified mortgage) lending continues to play an increasingly pivotal role. To explore how Acra Lending has adapted to these shifts, we sat down with Ryan Barrus, a key player in the company’s non-QM division. HW: Acra Lending recently launched its Glide portal. RB: Absolutely.

Lending 417
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Automation is coming to non-QM lending

Housing Wire

That has some producers of non-QM loans, which require specialized underwriting expertise, looking to technology, big data and the development of automated underwriting platforms as the solution for dealing with the anticipated surge in loan volume in the years ahead. Automation just increases efficiencies,” Hutchens added.

Lending 388
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Consolidated Analytics’ Ed Gerding: The pillars of QC in action

Housing Wire

Well established and effective quality control programs contribute to community stability by promoting responsible lending practices and ensuring the accuracy of the data obtained through the property appraisal process. Can you connect those dots for me? Ed Gerding: Sure.

Lending 429