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Sales Boomerang’s automatic borrower intelligence system works to boost its clients’ customer retention

Housing Wire

The lending industry is notorious for its poor customer retention – in fact, only 1 in 5 borrowers return to their original lender for a subsequent loan. Our clients retain as high as 65% or more of their past customers. The result is that for every $1 our clients pay us, we return $20 of profit to them,” says Kutsishin.

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Valligent integrates with Encompass by ICE Mortgage Technology

Housing Wire

Our partnership with ICE Mortgage Technology empowers Veros and Valligent to enhance efficiency for all our clients. The suite of valuation products includes traditional appraisals, AVMs, desktop valuations, and the four-hour evaluation product designed for equity lending.

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Pompano Beach and Deerfield Beach Market Update Q3 2023

Empire Appraisal Group

has been assisting clients in making well-informed decisions related to real estate. He has been appraising real estate since 2003 and has successfully completed over 10,000 residential property appraisals. His clients include Loan Depot, Caliber Home Loan, United Wholesale Mortgage, Rocket Mortgage, and US Bank, among others.

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Market Update Parkland and Coral Springs Q3 2023

Empire Appraisal Group

has been assisting clients in making well-informed decisions related to real estate. He has been appraising real estate since 2003 and has successfully completed over 10,000 residential property appraisals. His clients include Loan Depot, Caliber Home Loan, United Wholesale Mortgage, Rocket Mortgage, and US Bank, among others.

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ROV (Reconsideration of Value) Changes – FHA and GSEs

Appraisal Today

VA’s Tidewater Initiative written in 2021 by McKissock (Similar idea as current ROV changes), effective in 2003. I have never done an “official” ROV for a lender, but I did not like any lender clients objecting to my values. And if you work in real estate, be prepared to serve clients in all stations of life.

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VA Approves Desktops and Exterior-Only Appraisals

Appraisal Today

I always recommend VA as the best lender client for appraisers. Excerpts: Lending was not very prudent prior to the crash of 2008 as suggested by the trend in the median credit score (FICO), a measure for credit worthiness; for newly originated first-time purchase mortgages the median FICO score was 686 in Q1 2006 versus 740 in Q4 2020.

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Appraising Solar Panels

Appraisal Today

Call the client and have them re-assign the order? Setting client expectations is a critical first step in any real estate appraisal assignment. Make sure you’re fully aligned with your client every step of the way in order to set the tone and help prevent potential dissatisfaction… 2. What to do? Those are certainly options.