Housing Wire

NOVEMBER 10, 2020

Online mortgage lender Better.com revealed it raised $200 million in a series D financing that put the New York-based startup at a $4 billion valuation, according to an internal memo reviewed by Bloomberg. The post Better.com snags $200 million in series D funding for $4 billion valuation appeared first on HousingWire.

Valuation 376

Valuation Loan Officers Investors Finance 376

Appraisal Buzz

OCTOBER 4, 2021

Our goal is to develop solutions to this persistent problem, including appraisal best practices, uniform standards for automated valuation models, enhanced consumer disclosures, improved value processes, and revised fair lending exam procedures and risk assessments.”.

Valuation 370

Valuation Appraisal Contracts Finance 370

Clear Capital

MARCH 27, 2024

Through Cherre’s API, customers now have access to ClearAVM , Clear Capital’s automated valuation model (AVM), where they can map and set rules to automate, standardize and validate data from multiple third parties. We’re thrilled to bring these capabilities to our customers and to expand our relationship with Clear Capital.”

Investors 69

Investors Investing Valuation Real Estate 69

AmeriMac

JUNE 28, 2023

Investors are always on the lookout for ways to make informed, data-driven decisions. In recent times, alternative valuation products have emerged as a popular solution that investors can use to gain insights into the worth of their assets. Alternative valuation products offer a unique way to determine property value.

Valuation 36

Valuation Investors Appraisal Technology 36

Housing Wire

JULY 31, 2023

Mike Cagney’s Figure Technologies laid off 20% of its staff and plans to take its profitable lending business public next year, Bloomberg reported. Figures’ lending business hit a record $900 million in origination and generated $2.7 million in revenue, according to a letter from Cagney to investors and partners in July.

Lending 301

Lending Valuation Business Technology 301

Housing Wire

SEPTEMBER 1, 2023

Name Job Title Company Name Aaron Kardell Vice President of Product Lone Wolf Technologies Aayaam Kapoor Vice President of Product and Agency Real Estate Webmasters Amaly Quiroz Vice President of Transaction Operations eXp Realty Amy Gorce CEO REdistribute Andrew Binkley President Constellation Real Estate Group Ankur Bansal President of HomeLight (..)

Technology 423

Technology Development Real Estate Realty 423

Housing Wire

APRIL 20, 2023

The Federal Housing Finance Agency (FHFA) on Wednesday released a proposed rule that would codify many of its regulatory policies related to fair housing and fair lending. The proposed rule would codify in regulation FHFA’s fair lending oversight requirements for Fannie Mae , Freddie Mac and the Federal Home Loan Banks.

Finance 397

Finance Lending Modernization Valuation 397

Housing Wire

MARCH 17, 2022

“With technology impacting all areas of our lives, it is time for participants across the mortgage ecosystem to experience an improved process that simply works better and costs less,” said Daniel Wallace, GM of Figure Lending. The post Figure and Apollo complete ownership transfer via blockchain appeared first on HousingWire.

Technology 444

Technology Landlords Valuation Lending 444

Boston Appraisal

JULY 27, 2023

As an investor or lender, you need accurate valuations of residential properties to make informed investment and lending decisions. Scrutinize Valuation Methods Pay particular attention to the appraisal methods used. Subjective opinion has little place in appraising unusual homes.

Investors 78

Investors Valuation Architecture Appraisal 78

Housing Wire

AUGUST 30, 2022

While the lending industry has traditionally seen a measured and conservative approach to technological evolution, we are finding that many “strategic” decisions are made during these relative lulls in production. We have also seen large multi-channel lenders reducing their risk footprint in wholesale and correspondent lending.

Tools 393

Tools Lending Technology Valuation 393

Appraisal Buzz

MAY 31, 2022

As we all know, the home valuation is an integral part of the lending process that helps Americans in their journey to homeownership. This series of articles explores the role of appraisal review processes in the risk system in the format of mortgage lending for 1-4 family real estate. Quality Control and Quality Assurance .

Real Estate 221

Real Estate Lending Valuation Appraisal 221

Appraisal Buzz

JULY 13, 2022

valuation technology, Anow. Voxtur provides a comprehensive suite of valuation management solutions for lenders, AMCs, and appraisers to automate and manage valuation orders in real time, while promoting regulatory compliance. For more information, visit www.voxtur.com.

Tools 195

Tools Chief Valuation Officer Real Estate Agent Valuation 195

Housing Wire

FEBRUARY 16, 2022

In today’s competitive real estate market, an increasing number of real estate investors are turning to private money lenders to help them close deals faster, enhance property valuations, and increase their returns. If your state requires a lending license, make sure a the lender is licensed.

Real Estate 383

Real Estate Investing Investors Renovations 383

Housing Wire

DECEMBER 1, 2021

eMerge, a company that offers alternative valuation solutions, including broker price opinions (BPOs), will allow Accurate Group to increase its broker network and leverage property inspection technology, the company said. This is the second acquisition for Accurate this year.

Valuation 357

Valuation Technology Inspection Investing 357

Clear Capital

JUNE 28, 2022

Self-Serve APIs Will Enable Faster Adoption, More Control for Lenders, Investors and System Providers. Reno, NV — June 28, 2022 — Clear Capital , a national real estate valuation technology company, today announced the launch of two Application Programming Interfaces (APIs), Property Valuation API and Risk Assessment API.

Valuation 69

Valuation Modernization Real Estate Investors 69

Housing Wire

MAY 17, 2022

Founded in 2000, Irvine, California-based Inco-Check leverages its proprietary web-based platform to support GSE, regulatory agency, and investor requirements. With NGC’s acquisition of Inco-Check, the company aims to enhance loan quality and prevent fraud in a competitive mortgage and consumer lending market, Inco-Check said.

Logistics 307

Logistics Legal Investors Technology 307

Appraisal Buzz

NOVEMBER 3, 2021

Joan Trice, Founder and President of the CRN states, “gross living area (GLA) is one of the most important inputs in a valuation report. The CRN Standards Committee, chaired by Elizabeth Green, Chief Product Solutions and Data Officer for LoanLogics, is working to provide a resource to the residential mortgage lending industry.

Valuation 370

Valuation Development Technology Appraisal 370

Housing Wire

AUGUST 17, 2022

Struggling digital mortgage lender Better.com is teaming up with secretive big data firm Palantir to create a proprietary loan platform that is says will enable Fannie Mae , Freddie Mac and mortgage investors to make “richer and deeper data-driven mortgage capital allocation decisions.”.

Investors 415

Investors Brokerage Valuation Mortgage 415

Housing Wire

MAY 27, 2022

In his own statement Thursday, Chopra said companies have “legal responsibilities when they let a black-box model make lending decisions.”. The CFPB has raised concerns in the past that algorithmic models perpetuate discriminatory mortgage lending practices.

Law 416

Law Legal Valuation Government 416

Housing Wire

OCTOBER 13, 2020

In a presentation to investors, the Jamie Dimon-led bank said it had originated $29 billion in residential mortgages in the third quarter, up 20% from the second quarter. billion in revenue from its home lending division in the third quarter, according to the investor presentation. billion in Q3 2019). 30 had a total of $28.5

Business 394

Business Mortgage Retail Investors 394

Housing Wire

MARCH 15, 2021

Digital lending software provider Blend announced on Monday that it is expanding its cloud-based platform with the acquisition of Title365 from the Mr. Cooper Group for approximately $422 million, reflecting an enterprise value of $500 million. How hybrid title and valuations help increase lending efficiency.

Insurance 372

Insurance Lending Real Estate Agent Valuation 372

Housing Wire

DECEMBER 7, 2023

Watch Now The challenge and power of updating your brand Speaker: WeiLing Jang, Chief Marketing Officer, CoreLogic.

Modernization 364

Modernization Retail Valuation Insurance 364

Appraisal Buzz

JANUARY 10, 2022

Here’s a brief look at valuation risk through the eyes of a lender or an Appraisal Management Company. It’s a standard investors require all parties to meet. It’s important for lenders to know how a particular piece of real estate both fits into its marketplace and about any risk it presents to lenders or investors.

Appraisal 374

Appraisal Real Estate Valuation Investors 374

Housing Wire

JUNE 1, 2021

How hybrid title and valuations help increase lending efficiency. Investors who acquire and renovate older homes could claim the credit on their federal tax returns, as long as the home is sold to and occupied by an eligible buyer. HUD has also taken steps to craft a rule on the legal duty to Affirmatively Further Fair Housing.

Renovations 505

Renovations Development Investors Legal 505

Housing Wire

SEPTEMBER 10, 2021

Orchard , which operates a home-buying and selling platform, announced it has raised $100 million in Series D funding at over a $1 billion valuation. Accomplice led the round with participation from repeat Orchard investors FirstMark , Revolution Growth , First American , Juxtapose and a syndicate of new investors.

Lending 371

Lending Insurance Investors Real Estate 371

Housing Wire

AUGUST 10, 2021

Fintech lender Figure Technologies is going full force in to the mortgage lending – and now servicing – blockchain revolution. Investors and affiliates of the round, including Apollo Global Management, Inc., billion valuation. Blockchain.com and Rockaway Blockchain among others helped boost Figure to an approximate $3.2

Mortgage 363

Mortgage Technology Investors Development 363

Simonson Real Estate

AUGUST 24, 2020

Since then, market uncertainty has caused commercial investors to increasingly worry whether their commercial appraisal analyses are accurate. . It was here that I had the opportunity to moderate the Banking and Construction Lending Update discussion with Patricia Gnetz of U.S. We had a great discussion!

Lending 148

Lending Construction Tenants Real Estate 148

Housing Wire

SEPTEMBER 11, 2020

Elsewhere in mortgage comings and goings, Chris Boyle has been named president of home lending at Roostify , bringing extensive experience in the mortgage lending ecosystem to the position. In his new role, Wierks will work on existing automated valuation and collateral risk analytics initiatives and products.

Lending 262

Lending Valuation Technology Clients 262

Housing Wire

SEPTEMBER 24, 2021

The company says it will use the funding to “aggressively” build new products for mortgage lending and banking industries, expand its US operations and scale its staff with a focus on machine learning and data science teams.

Technology 281

Technology Valuation Lending Investors 281

Housing Wire

AUGUST 1, 2023

Their collective expertise spans the entire spectrum of the sector, encompassing areas such as lending, tech, real estate, appraisal, compliance, operations, sales and so much more. The following list of honorees comprises many more examples of exceptional leadership from some of the industry’s most accomplished women.

Real Estate 370

Real Estate Realty Lending Mortgage 370

Housing Wire

JUNE 2, 2022

The question was on the minds of many at the Waldorf Astoria in Dana Point, California on Thursday – will non-qualified mortgage products become more commoditized as the rising rate environment wallops agency lending? It’s not subprime lending. It [non-QM loans] is a manual underwrite,” Robert Senko, president at ACC Mortgage , said.

Lending 348

Lending Investors Mortgage Clients 348

Housing Wire

JUNE 18, 2021

All of these markets benefit from an accurate understanding of valuation and property characteristics, but the data sources that power them leave out a crucial component: property condition. HW: What are some challenges facing investors as they pertain to valuation and property characteristics?

Investors 337

Investors Real Estate Real Estate Agent Valuation 337

Housing Wire

NOVEMBER 3, 2020

Broad in reach and deep in functionality, the PPE manages many core functions in mortgage lending, such as decisive product eligibility and sophisticated pricing strategies, as well as automating the rate-lock process. Support strategic decisions with risk management and MSR valuation solutions.

Valuation 364

Valuation Tools Clients Mortgage 364

Housing Wire

JULY 29, 2021

Economists and investors are closely monitoring any indication from the Federal Reserve that it may begin tapering of mortgage backed securities and bond purchases. How fine-tuning MSR valuations can help lenders improve decision-making. Presented by: Black Knight.

Mortgage 417

Mortgage Valuation Investors Housing Market 417

Housing Wire

OCTOBER 13, 2020

End-to-end lending and services platform Finance of America Capital is the latest mortgage company to get in on the mushrooming IPO craze. billion valuation. Blackstone will own 70% of the company, which is expected to go public in the first half of 2021.

Finance 479

Finance Lending Retail Investing 479

Housing Wire

JUNE 16, 2022

The total funding, since the startup’s launch in 2012, is about $645 million and its valuation is at roughly $1.7 The company also announced Thursday it will acquire Accept.inc, a Denver, Colorado-based lending startup, in an all-stock transaction for an undisclosed amount. The deal is expected to close in coming weeks. .

Brokerage 311

Brokerage Real Estate Lending Clients 311

Housing Wire

NOVEMBER 18, 2022

Acra Lending’s Eric Friedman said the servicing business right now is a “delicate balance between complying with regulations and servicing a loan for investors.”. Presented by: Acra Lending. How are higher mortgage rates affecting servicing?

Lending 357

Lending Mortgage Valuation Business 357