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ProxyPics Partners with Freddie Mac to Simplify Refinance Mortgages in the Digital Age

Appraisal Buzz

Chicago — ProxyPics makes wave as the first Property Data Report provider for Freddie Mac’s ACE+ PDR (automated collateral evaluation plus property data report), launch made effective on July 17, 2022. Their patented technology and national network of Proxies allows for scalability based on market demand. About ProxyPics.

Training 221
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Hope Through Housing uses MLK Grant to fund after school programs

Housing Wire

In 2022, they were the recipients of an MLK grant which will be used to fund their youth development initiative. From science and technology experiments to the arts to career conversations with local businesspeople, these programs introduce young people to new possibilities for their future.

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As the housing market bottoms out, educating the future mortgage pro becomes paramount

Housing Wire

In 2022 and 2023, quickly rising mortgage rates and shrinking volumes sent shockwaves through the industry and prompted massive job cutbacks. In 2021, Gigliotti created Axis 360 Lift , an online academy designed to educate aspiring mortgage and title professionals. According to data from the U.S.

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Zillow’s new AI feature can talk to home shoppers like it’s a friend

Housing Wire

It is also training machine learning models to get better at responding to users’ queries in “human-like sentences.” “Beyond easy-to-filter criteria like bedrooms and bathrooms, buyers are considering many other specific features that match their unique lifestyle,” Jenny Arden, Zillow’s chief design officer, said in a statement.

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Opinion: Do loan officers need more tech than they have now?

Housing Wire

I am about to say something in 2022 that no one in software design and process management would say. Do loan officers need more technology than they currently have? Will new technology change anything? They do not need more technology. So, my question was, does the LO need more technology than they have now?

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More than ever, lender profitability requires maintaining pace with innovation

Housing Wire

In light of this, HousingWire recently caught up with Teraverde Chief Technology & Innovation Officer Rob Peterson to learn more about the key to lender profitability in today’s lending environment. Rob Peterson: Most segments of the economy have effectively adopted technology to reduce their costs. Louis computes a 34.7%

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Opinion: The elephant in the real estate room? Lowballed appraisals

Housing Wire

the collateral) being insufficient, accounts for approximately 3x the national rate ( HDMA 2022 data). Her office later had an infraction by the real estate commission and had to take extensive training on fair housing (surprise, surprise). This data for Detroit is twice as high as the rest of the state of Michigan. As Coleman A.