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A loan officer’s ultimate guide to appraisal modernization

Housing Wire

However, a year after the GSEs announced new appraisal modernization solutions, as they’re more widely adopted, questions arise. A look into GSE appraisal modernization efforts The GSEs have each offered appraisal waivers on eligible loans for several years. How do the solutions work? Why do we need them? But you already know this.

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How modernized servicing creates customers for life

Housing Wire

The modernization of mortgage originations in recent years has made customers expect a smart, push-button experience. Borrowers are exiting via deferral and modifications (see Figure 3), handled, of course, by smart technology solutions. As mid-March 2020 COVID lockdowns escalated to 4.3 Not this time.

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How 2020 raised the stakes for the mortgage industry

Housing Wire

Prior to 2020, the mantra around the mortgage industry going back to 2016 was that launching a new “digital experience” was the equivalent to table stakes in poker. Not to be outmatched, the incumbent software providers each updated and launched their own POS to stave off the encroaching technology. Meanwhile, the industry scrambled.

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Loan quality lessons learned from 2020

Housing Wire

HousingWire recently spoke with Trevor Gauthier, CEO of ACES Quality Management, about the effects of 2020 on loan quality and what lenders should expect regarding loan quality and risk management this year. Fair Lending is a great example of this. HW: What effect did the pandemic have on loan quality in 2020?

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The surprising future of mortgage technology

Housing Wire

Today, while the mortgage industry has the technology to support this, we’re still in the early stages of determining how it should be used. With the advances we’re seeing in Artificial Intelligence, Machine Learning and Robotic Process Automation, we have become experts at configuring our technology to meet the changing needs of lenders.

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2020 HW Tech Trendsetter: Samir Agarwal

Housing Wire

Most recently, his leadership has been dedicated to the development of a technology that facilitated aid to small businesses accessing critical Paycheck Protection Program funding, allowing them to retain more than 1 million jobs. The post 2020 HW Tech Trendsetter: Samir Agarwal appeared first on HousingWire.

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Stavvy lands $40 million Series A for aggressive growth

Housing Wire

Stavvy, a Boston-based fintech, announced Monday that it landed a $40 million Series A funding round led by Morningside Technology Ventures. How modernized servicing creates customers for life. Presented by: Sagent Lending Technologies.