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Reevaluating your origination tools? Here’s where to start

Housing Wire

With the recent downturn in volume of new originations, many lenders are using this time to take inventory of the available tools geared toward risk mitigation and workflow optimization. We have also seen large multi-channel lenders reducing their risk footprint in wholesale and correspondent lending.

Tools 401
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How AI is changing the valuations process

Housing Wire

When it concerns an assignment we worked on, we have a specialist team evaluate the complaint and advise our client on their response. We also assist clients with repurchase demands on loans we did not provide services. HW: How is artificial intelligence being integrated into the property valuation and appraisal process?

Valuation 380
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Busting VA mortgage loan myths

Housing Wire

The VA makes a guarantee to the lending institution for 25% of the loan amount and the lender is responsible for evaluating the eligibility of the borrower. MYTH: The appraisal process for VA loans is more stringent and difficult than conventional loans. David Smith is the VP of National VA Lending at loanDepot.

Mortgage 432
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Nationwide Appraisal Network’s valuation solutions allow lenders to select appraisers based on performance

Housing Wire

With an increased demand for appraisals across the country, the need for efficiency during the appraisal process is greater than ever. Nationwide Appraisal Network (NAN) is an industry-leading appraisal management company providing residential and commercial valuation services in all 50 states.

Valuation 196
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Attracting More Appraisal Business

Cleveland Appraisal Blog

Most appraisers are experiencing a significant slowdown in mortgage lending work due to rapidly increasing mortgage rates which are slowing down the housing market. I have seen a slowdown in my lending work also. Half my work is non-lending work, and that’s been a blessing. I think potential clients appreciate this.

Business 393
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Navigating capacity concerns amidst record-high volumes

Housing Wire

In times like these, the “one-stop-shop” approach to the servicing and lending process has become even more appealing, and there is a company providing that in a flexible capacity: Xome. We have the ability to shapeshift and reallocate our resources very quickly from one part of the mortgage process to another,” said Rawls.

Clients 375
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How to reduce appraisal turn times and improve the borrower experience

Housing Wire

For appraisers, we have developed an end-to-end, encrypted, AI-driven platform to streamline scheduling, manage payments, and facilitate direct, real-time communication between stakeholders. With these tools, appraisers can complete jobs in a fraction of the time and increase their capacity for new work.

Appraisal 393