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Veros acquires appraisal management company Valligent

Housing Wire

The parent company of appraisal software firm Veros Real Estate Solutions has acquired California-based appraisal management company Valligent Technologies. Valligent, founded in 2003 and led by Jeremy McCarty and Jeff Wickham, provides traditional, desktop and hybrid appraisal services to lenders, credit unions and others.

Appraisal 417
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Clear Capital cuts 24% of its workforce in restructuring

Housing Wire

Real estate valuation technology company Clear Capital has conducted a new round of layoffs as part of a company restructuring plan. We’ve been a company that’s been investing very heavily in bringing data analytics and technology into the valuation space.

Valuation 403
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FDIC finds banks violated RESPA on mortgage brokerage payments

Housing Wire

The CFPB inherited the responsibility to impose statements of policies (SOPs) created by the Department of Housing and Urban Development (HUD) in 1999 and 2001. The same institution also stated that it initiated or ordered appraisals when it added borrowers’ information into a lender’s software.

Brokerage 430
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Clear Capital and ICE Mortgage Technology Expand Partnership to Support Adoption of Modern Appraisal Programs

Clear Capital

Through this integration, Clear Capital will deliver an improved user experience for mortgage lenders and loan officers ordering products that support appraisal modernization, such as Universal Data Collection (UDC ) , Desktop appraisals and Hybrid appraisals. To learn more about Encompass, visit [link].

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Guaranteed Rate acquires DTC lender Owning Corporation

Housing Wire

HW Media CEO Clayton Collins and Scott Happ, president of Secondary Marketing Technologies at Black Knight, discuss Black Knight’s acquisition of Optimal Blue and what the industry can expect from the company’s new Secondary Marketing Technologies division. How lenders will benefit from Black Knight’s acquisition of Optimal Blue.

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Inman Recognizes ClearAVM™ and ClearRank™ as a ‘Best AI-powered Platform’ in Inaugural AI Awards

Clear Capital

Clear Capital’s ClearAVM and ClearRank technologies have been recognized as a “ Best AI-powered Platform ” as part of the inaugural Inman AI Awards. Together, these technologies are revolutionizing property valuation through unmatched accuracy, transparency, and efficiency. The impact?

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Clear Capital Promotes Jason Legare to Executive Vice President of Technology

Clear Capital

Legare has spent nearly 13 years with Clear Capital, beginning as Team Lead, Applications Developer, and will now spearhead the technology division of the company with a focus on integrating data into new product initiatives and providing insights on how users are leveraging Clear Capital’s data.