Housing Wire

MAY 24, 2021

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. The funding caps a period of intense growth period for Stavvy.

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Housing Wire

APRIL 11, 2022

In April 2021, Forbes noted that “remote work is here to stay” and where people choose to live will continue to change. Modern technology is key for lenders who want to stay competitive in this regard. At the same time, don’t overlook your “behind the scenes” operational use of technology.

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Housing Wire

SEPTEMBER 18, 2020

As lenders continue to adjust to a new normal, the pivotal role of technology has become increasingly clear in maximizing productivity and keeping lending pipelines flowing. HousingWire reached out to Chandler to discuss how COVID-19 has propelled a much-needed modernization among lenders.

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Housing Wire

SEPTEMBER 30, 2021

HW: How have you seen technology impacted by COVID-19? RPA has been a necessity due to minimal in-person interactions during the pandemic in 2020 and has continued in 2021. It’s more important than ever for your bank to invest in solutions to reach new consumers and meet their expectations of convenient, modern banking and lending.

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Insurance Lending Modernization Clients 368

Housing Wire

MARCH 1, 2022

News just broke that private equity investor LLR Partners announced strategic investments in two mortgage technology companies — Mortgage Coach and Sales Boomerang ( click here for article ). LLR is not a newcomer to mortgage technology or the overall fintech market. This isn’t a new story in mortgage lending or real estate brokerage.

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Housing Wire

FEBRUARY 10, 2022

This acquisition expands our footprint in the digital mortgage ecosystem, and we are thrilled to have them join us as we continue to develop innovative and streamlined technology solutions in the lending space.”. In 2021, the company unveiled a new pricing model for its services. This is a developing story.

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Development Modernization Technology Mortgage 384

Appraisal Buzz

JUNE 10, 2021

Clario’s growth is unprecedented, expanding from 30 staff appraisers in 2019 to over 100 by the end of 2020, and is on target to employ 180 staff appraisers by the end of 2021. We specialize in real estate valuations for the mortgage lending and financial services industries. To apply for the training program, visit this website.

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Appraisal Valuation Training Real Estate 370

Housing Wire

NOVEMBER 23, 2022

According to Cameron, the recent downturn has delivered the biggest and fastest rate increase in modern history — and the sharpest volume and revenue decrease the mortgage business has ever seen. In total, Home Point has shrunk its workforce from about 4,000 workers in the summer of 2021 to about 1,000 in the fall of 2022. million.

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Marketing Loan Officers Business Mortgage 384

Clear Capital

MAY 7, 2021

The modern appraisal embraces data and technology to gather data differently. Watch this Tech Talk from Mortgage Innovators Conference 2021 to learn how appraisal modernization can help unlock a better, faster, and cheaper appraisal process while closing the gap in unfair lending practices.

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Housing Wire

APRIL 6, 2022

These measures included abruptly cutting interest rates to zero, introducing a wave of emergency lending programs, and buying up billions in Treasuries and mortgage-backed securities (MBS). The most modern cloud-native software allows for unlimited flexibility, configurability and scalability–and that’s where Polly comes in,” Carmel said. “We

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Housing Wire

FEBRUARY 18, 2022

To some degree, appraiser capacity issues can be mitigated by modern appraisal products like desktop and hybrid appraisals. The creation of the PAVE Task Force and the imminent publication of its findings may very well create shockwaves in the entire lending arena. It’s my hope that appraisers can be part of the solutions.

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Training Valuation Appraisal Real Estate 384

Clear Capital

AUGUST 17, 2021

August 17, 2021 —. ValueLink Software, the industry-leading valuation technology provider, has announced that it has partnered with real estate valuation and analytics fintech leader Clear Capital to enable its users to order Clear Capital’s suite of valuation products, including hybrid and desktop products. About ValueLink.

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Valuation Modernization Technology Appraisal Process 69

Housing Wire

AUGUST 17, 2022

A customized loan application developed for Angel Oak Home Loans will support both agency mortgage and non-QM lending “for borrowers of diverse financial backgrounds,” said Shane Westra, chief product officer at Simple Nexus. How should the current market impact lenders’ tech adoption? Presented by: Polly.

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Lending Real Estate Agent Real Estate Technology 370

Clear Capital

OCTOBER 27, 2021

National real estate valuation technology company well-positioned to experience continued growth in 2021. October 26, 2021 — Clear Capital, a national real estate valuation technology company, today announced it has hired more than 350 people so far in 2021, with 170 jobs currently open and accepting applications.

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Valuation Real Estate Technology Tools 69

Housing Wire

JULY 16, 2021

Seventy million dollars in seed funding is a colossal investment for an unproven tech startup, even one that promises to fully disrupt a relatively low-margin, traditional industry like mortgage lending. They’re used to modern experiences with great service and digital experience. But this is no ordinary mortgage startup. It’s early.

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Housing Wire

MARCH 12, 2021

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. We all know technology shortcomings in the post-2008 years led to weak servicer practices.

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Modernization Technology Investors Design 421

Housing Wire

SEPTEMBER 19, 2023

A Freddie Mac study released in late 2021 foreshadowed the situation that many lenders find themselves in today. The study’s recommendations: focus relentlessly on cost and leverage digital technology to scale and drive customer experience. Does this mean that technology is always the answer? No, sometimes less is more.

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Marketing Technology Lending Mortgage 409

Housing Wire

OCTOBER 1, 2022

The complaint filed in federal court on Wednesday alleges that from at least 2015 to 2021, Lakeland failed to provide mortgage lending services to Black and Hispanic neighborhoods in Newark. Federal officials said similar banks generated five times as many loan applications from prospective Black and Latino home buyers as Lakeland.

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Law Loan Officers Lending Advertising 410

Housing Wire

JUNE 8, 2022

With interest rates hitting all-time lows, lenders doubled their origination volume to more than $4 trillion in both 2020 and 2021, hired more staff and ramped up investment in technology to close loans faster. billion came from its origination technology, according to their earnings reports. Of the $387.2

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Mortgage Technology Loan Officers Investing 384

Appraisal Buzz

NOVEMBER 3, 2021

As the appraisal process is undergoing major shifts towards modernization and new levels of automation, this void was ripe for a solution. ANSI Z265-2021 has been developed by experts working at and in conjunction with the NAHB. Technology impacts. ANSI Z265 has been adopted by the states of Kentucky and Mississippi.

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Valuation Development Technology Appraisal 370

Housing Wire

MARCH 9, 2021

Most agree that in 2021, we will not match the astronomical origination volume seen in 2020. 2021 could still be a very good year for prepared businesses. How hybrid title and valuations help increase lending efficiency. It’s also a selling point to your potential lending clients. But not everyone will be prepared.

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Marketing Technology Lending Business 441

Appraisal Today

MAY 19, 2023

Chat GPT For Fannie Form Appraisal Reports By Dustin Harris Excerpts: The world of real estate appraisal is constantly evolving (much to our dismay sometimes), and as professionals in this field, it is crucial to stay ahead of the curve by embracing innovative tools and technologies. The first Business page includes a link for the forms.

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Appraisal Business Contracts Real Estate 52

Clear Capital

APRIL 21, 2021

In partnership with Clear Capital, the integration of ClearAVM and CDA ensures lenders have access to high-quality valuation products in a single platform as the industry focuses on appraisal modernization. Additions to platform include Clear Capital’s industry-leading ClearAVM and Collateral Desktop Analysis. ” ###.

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Valuation Modernization Technology Tools 69

Clear Capital

JUNE 21, 2022

When Freddie Mac published the study, “ Discovery of Racial and Ethnic Valuation Gaps In Home Purchase Appraisals ” in late 2021, its conclusion, “that Black and Latino applicants receive lower appraisal values than the contract price more often than White applicants,” sent shockwaves through the mortgage industry. Valuation Equity.

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Valuation Technology Lending Real Estate 69

Housing Wire

MARCH 24, 2021

Residential lending professionals today are being tasked to weather one storm after another. Between the complications brought on by the COVID-19 pandemic, the recent avalanche of volumes in this refinance market and changing leadership in the White House, lenders should anticipate an increased focus on compliance in 2021.

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Tools Technology Lending Business 384

Appraisal Today

SEPTEMBER 17, 2022

Catskills Modern: ‘Sleeve House’ Highlighted by Charred Wood Exterior. Excerpts: An extremely modern home with an equally dark exterior is now available in Ancram, NY. This 2% market share for 2021 represents a decline from years prior to the Great Recession. This marked the largest share for the 1992-2021 period.

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Appraisal Construction Contracts Insurance 52

Appraisal Today

NOVEMBER 20, 2022

FNMA indicates that their 2022 lending volume is down 47% from 2021 and is expected to drop by another 50% in 2023. Mike Fratatoni, Chief Economist and Senior Vice President of Research and Industry Technology of MBA, mentioned that in 2021 there were over 13.5 Failures to personally inspect and photograph comparables.

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Appraisal Real Estate Agent Real Estate Contracts 52

Will Springer Realtor

MAY 9, 2022

A growing diversified base of technology companies continue to proclaim the Eastside market as one of the best living and job opportunities in the country,” noted local commercial property firm Broderick Group in a report issued last month. That was within the 28% ceiling considered affordable by common lending standards. million sq.

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Housing Wire

JUNE 14, 2022

Freddie Mac research concluded in 2021 that appraisal gaps, which negatively impact Black and Latino borrowers and homeowners, exist on purchase appraisals. We are constantly refining our system, and we frequently bring in new technologies to improve our capabilities,” a Freddie Mac spokesperson said.

Appraisal 370

Appraisal Valuation Inspection Law 370

Will Springer Realtor

JULY 13, 2023

Data from the Federal Reserve indicates Goldman Sachs has the highest exposure to commercial loan losses at 16% of its lending total due within the next two years, followed by Morgan Stanley (14%) and Citizens (12%). 2-story, mid-century modern home in the Laurelhurst neighborhood of Seattle. I refer to these challenges as the 5 L’s.

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Construction Supply Chain Real Estate Development 36

Clear Capital

APRIL 15, 2021

April 15, 2021 — Clear Capital, a real estate valuation and analytics fintech leader, today announced its latest product, ClearInsight , an easy-to-use mobile app that enables real estate professionals, homeowners, and appraisers alike to quickly generate a complete digital picture of a home.

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Modernization Appraisal Valuation Real Estate 69

Clear Capital

DECEMBER 14, 2021

And the latest numbers from Clear Capital ourselves, from our Home Data Index Market Report, which tracks repeat sales, using our own proprietary analytical process indicates that in November 2021, the year-over-year home price appreciation for the whole country was 20.2%. Kenon Chen . Jeff Allen . That is bonks. Kenon Chen . Jeff Allen

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Real Estate Mortgage Agents Business 69

Will Springer Realtor

SEPTEMBER 8, 2021

The company forecasts an 8% YoY increase in new communities for 2021 across the U.S. Others – Meritage Homes (+20% YoY in 2021) and Tri Point Homes (+15-30% YoY in 2022) – expect tremendous growth of new communities. in existing-home sales April 2020-March 2021. and another 10% boost in 2022. of the $5.8T CONDO NEWS.

Construction 36

Construction Inventory Buyers Real Estate 36

Will Springer Realtor

OCTOBER 11, 2022

While investors of mortgaged securities help dictate their interest rates, the Federal Reserve is behind the scenes influencing the overall lending environment. If you don’t mind seeing the neighbor’s house nearby , there are peek-a-boo Lake Washington views and stunning, modern designs inside and out. bath , 4550 sq.

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Housing Market Marketing Buyers Real Estate 36

Housing Wire

MAY 25, 2021

Trevor Gauthier: 2020 was a wake-up call in terms of building a roadmap to increase your organizational efficiency and how technology needs to be a cornerstone of that plan. Fair Lending is a great example of this. HW: From a loan quality and risk management perspective, what areas should lenders be watching closely in 2021?

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Clients Lending Technology Modernization 397

Housing Wire

FEBRUARY 7, 2022

As some independent mortgage banks have found out, a modern-day redlining allegation does not need to prove intentionality. A spokesperson for HUD said the agency could not discuss investigations or strategy of fair lending enforcement, but said that fair lending is a priority of the Biden-Harris Administration and HUD.

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