Appraisal Buzz

APRIL 6, 2022

Daren Blomquist of Auction.com explains how smaller-volume local buyers can better compete with institutional investors, whose capital and resources have historically given them the upper hand at in-person foreclosure auctions. The post How Remote Bidding Technology Empowers Local Community Developers appeared first on DSNews.

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Housing Wire

APRIL 9, 2021

Canadian real estate technology company Voxtur Analytics Corp. closed on the acquisition of appraisal management software firm Appraisal Now for approximately $30.5 Appraisal Now, better known as “ Anow ,” makes an automated appraisal workflow management platform for the global appraisal market.

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Housing Wire

APRIL 30, 2022

In February 2022, Fannie Mae and Freddie Mac added 1004 Desktop/70D Appraisal products to their Selling Guide for new purchase loans. However, for lenders to take advantage of these benefits on behalf of their customers, they need to navigate new GSE requirements, such as ensuring appraisers have access to a digital floor plan.”.

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Appraisal Valuation Technology Real Estate 358

Housing Wire

APRIL 30, 2022

The industry has a huge demand for appraisals but an ever-shrinking number of appraisers available to conduct them. Incenter Appraisal Management’s RemoteVal technology allows appraisers to cut out all physical travel and get more inspections done, in turn generating more orders per day that they can complete.

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Inspection Appraisal Valuation Technology 349

Housing Wire

JANUARY 12, 2021

Appraisal software company Reggora today announced the completion of a $30 million Series B funding round, led by returning investor Spark Capital. Other investors included Shine Capital , Greenpoint Partners , Boston Seed and 1984. The tech solution giving community lenders an advantage.

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The Appraiser Coach

MARCH 19, 2024

As a real estate investor, I have the opportunity to rub shoulders with all kinds of people, even other appraisers on occasion. With a recent house purchase in another state, I got a call from the appraiser of this property as he was planning a visit out there. To get the mix just right, you need a little bit of both.

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Appraisal Buzz

FEBRUARY 7, 2022

Fannie Mae announced on January 19, 2022 that they will be accepting desktop appraisals for eligible loan transactions. The team at Fannie Mae were the first to announce requirements lockstep with their Regulator that desktop appraisals will become a normal part of the appraisal product landscape. Appraisal Labels.

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Appraisal Buzz

MARCH 9, 2022

Founded in 2006, Edgemac helps investors, originators and other industry participants evaluate loan quality so they can make informed risk management decisions when buying, selling or securitizing mortgages. The post Edgemac Acquired by Incenter for Mortgage Loan Quality Management Technology appeared first on Appraisal Buzz.

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Appraisal Buzz

JANUARY 18, 2022

The Colorado Housing and Finance Authority (CHFA) has integrated Encompass Investor Connect and AIQ technology from ICE Mortgage Technology , part of Intercontinental Exchange Inc. The post First State Housing Finance Authority Integrates ICE’s Mortgage Loan Delivery Technology appeared first on Appraisal Buzz.

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Housing Wire

MARCH 18, 2024

Intercontinental Exchange (ICE) Mortgage Technology introduced two new tools, Validate ROV and Validate Selector, to its growing suite of property valuation solutions, the company announced on Monday. Regulators are paying close attention to valuations for many valid reasons.

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Appraisal Buzz

JANUARY 28, 2022

Vesta , a mortgage loan origination system software-as-a-service (SaaS) company, has received a $30 million Series A investment led by Andreessen Horowitz with participation from new investor Zigg Capital. The post Vesta Receives $30 Million Investment to Enhance Mortgage SaaS Technology Infrastructure appeared first on Appraisal Buzz.

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Appraisal Buzz

SEPTEMBER 1, 2021

PERSON OF THE WEEK: How is technology helping LOs enhance client and partner relationships in the post-COVID landscape? The post Juan Farias: How Technology is Helping Loan Officers Enhance Client Relationships appeared first on Appraisal Buzz. Q: The COVID crisis caused some big shifts for.

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Housing Wire

JUNE 6, 2024

Bond credit-rating organization Moody’s Investors Service has reaffirmed its “above-average” rating for the reverse mortgage servicing performance of Celink , which is the current holder of the U.S. In 2023, Celink renewed subservicing deals with major reverse mortgage lenders including Finance of America and Mutual of Omaha Mortgage.

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Housing Wire

SEPTEMBER 26, 2023

It is also turning Acra’s business into a technology-first one, the statement said. Collateral Analysis automates an underwriter’s appraisal review process. “We It offers programs for wholesale, consumer direct, investor, and correspondent lending. Meanwhile, Acra Lending is based in Irvine, CA, and operates in 40 states.

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Lending Technology Design Investors 372

Housing Wire

AUGUST 16, 2022

has agreed to buy mortgage servicing rights trading platform Blue Water Financial Technologies for a cool $101 million. The integration of Blue Water into the Voxtur product suite strengthens our technology foothold and places us squarely in the capital markets arena,” said Voxtur CEO Jim Albertelli in a statement.

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Appraisal Buzz

JUNE 3, 2024

Chris Torres Torres joined Dovenmuehle in 2021 as part of the technology research and development team in San Francisco before transitioning to the business development team in 2022 and has done an excellent job cultivating new client relationships and representing DMI nationally at various industry trade shows, conferences and panel presentations.

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Housing Wire

MAY 22, 2023

Top-producing loan officer Christopher Keelin has taken his 80+person team over to CrossCountry Mortgage to “take advantage” of the lender’s technology while scaling his business. Another strategy Keelin advises his team members is to have a diversified portfolio, targeting both first-time buyers and investors.

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Appraisal Buzz

MARCH 29, 2024

Dovenmuehle Mortgage reports that Moody’s Investors Service has affirmed its servicer quality (SQ) assessment as a servicer of prime residential mortgage loans at SQ2-. Our sustained performance reflects the dedication of our experienced team and our ongoing investment in technology and process enhancements.”

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Housing Wire

OCTOBER 4, 2023

HousingWire recently spoke to Chris McLain, division president of Valuations for Consolidated Analytics , about the current appraisals market, AI innovation in valuations and valuation products for HELOCs and second-lien mortgages. HousingWire: How is the market for appraisals changing in 2024? Then we did more of the same.

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Valuation Appraisal Process Appraisal Lending 381

Housing Wire

MAY 17, 2022

Founded in 2000, Irvine, California-based Inco-Check leverages its proprietary web-based platform to support GSE, regulatory agency, and investor requirements. Boston, Massachusetts-based NGC, founded in 2015, is focused on making investments in health care services, financial services technology, distribution and logistics sectors.

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Logistics Legal Investors Technology 332

Housing Wire

JUNE 27, 2023

Automated mortgage technology provider Lender Toolkit announced this week that it has integrated with Reggora , an appraisal management software company that focuses on modernizing residential real estate valuations for mortgage lenders. That savings can be passed on to borrowers.” That savings can be passed on to borrowers.”

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Mortgage Modernization Appraisal Process Loan Conditions 297

Housing Wire

SEPTEMBER 15, 2023

Authorization : A digital loan file of record accessed by a broad range of trusted identities from lenders to guarantors to investors requires a permission structure. Investors require assurance that a file, note or instrument reflects the verifiable intentions of the committed parties.

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Supply Chain Technology Investors Legal 373

Appraisal Buzz

AUGUST 25, 2021

Over the past few years, PropMix has expanded its appraisal platform from data and insights APIs to valuation solutions for appraisers, appraisal management companies, and mortgage lenders. PropMix’s platform and solutions are widely used by mortgage lenders, appraisers, realtors, and investors. The name Profet.ai

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Valuation Real Estate Technology Inspection 370

Housing Wire

MAY 4, 2021

Former Ellie Mae CEO Jonathan Corr has joined the board of directors for appraisal technology company Reggora. Reggora is uniquely positioned to bring meaningful change to the appraisal industry,” said Corr. We are excited to help lenders become more strategic about the way they manage their appraisal operations,” Denslow said.

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Technology Appraisal Valuation Modernization 382

Appraisal Buzz

JUNE 24, 2021

Cooper has promoted its vice chairman, Chris Marshall, to president, responsible for mortgage origination, servicing and technology operations. The post Mr. Cooper Names Chris Marshall Company President appeared first on Appraisal Buzz.

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Investors Technology Appraisal Mortgage 332

Housing Wire

APRIL 1, 2024

In return, Hometap gets an agreed-upon percentage of the sale price or appraised value within a 10-year period. Fintechs involved in homeownership investments have been around for nearly two decades, but it wasn’t until recently that a handful of them have been backed by big investors seeking to take the HEI product mainstream.

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Finance Investing Real Estate Agent Real Estate 408

Housing Wire

DECEMBER 1, 2021

eMerge, a company that offers alternative valuation solutions, including broker price opinions (BPOs), will allow Accurate Group to increase its broker network and leverage property inspection technology, the company said. The company claims on its website that the total value of homes it has appraised is over $517 billion since 2010.

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Valuation Technology Inspection Investing 380

Appraisal Buzz

DECEMBER 30, 2021

a national brokerage known for its real estate valuation technology and , today announced Greg Straughn has joined the company as Chief Financial Officer. Straughn will oversee the financial, accounting, and investor relations functions for HouseCanary. The post HouseCanary Names New CFO appeared first on Appraisal Buzz.

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Brokerage Valuation Technology Real Estate 195

Housing Wire

AUGUST 30, 2022

This has led many lenders to feel overwhelmed by options and lack understanding of how, when and where to best implement new technology. Many of these goals lead to adding technologies that can both speed up cycle times and drive down costs. This does not even include the exacting requirements of regulators and investors.

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Housing Wire

DECEMBER 29, 2020

Data and analytics giant Black Knight made moves in the secondary mortgage market again, launching its Mandatory Analytics dashboard that will allow investors to analyze and benchmark their actions on the secondary market. One of the best tools that mandatory investors have at their disposal is access to precise, accurate and timely data.”.

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Mortgage Investors Technology Real Estate Agent 331

Housing Wire

APRIL 13, 2022

Despite advances in technology, the mortgage industry still lacks efficiency. Mortgage executives are aware of a problem: despite billions of dollars in technology investments , the mortgage industry still largely looks like it did two decades ago. He added: “We have a tremendous amount of proprietary technology being built.

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Mortgage Technology Development Finance 393

Appraisal Buzz

DECEMBER 20, 2021

It quickly became apparent that the health risk would prevent professional fee appraisers from entering properties in order to inspect them for their appraisal reports. The second approach allowed appraisers to make use of other available technologies to complete their reports. They’ve dealt with that before.

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Valuation Inspection Appraisal Lending 367

AmeriMac

JUNE 28, 2023

Investors are always on the lookout for ways to make informed, data-driven decisions. In recent times, alternative valuation products have emerged as a popular solution that investors can use to gain insights into the worth of their assets. BPOs may not satisfy the nuanced regulatory requirements of some lenders and investors.

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Valuation Investors Appraisal Technology 36

Housing Wire

AUGUST 17, 2022

The platform supports GSE, regulatory agency, and investor requirements to enhance loan quality and prevent fraud. Narrow Gauge Capital, based in Boston, Massachusetts, was founded in 2015 and is focused on making investments in health care services, financial services technology, distribution and logistics sectors.

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Logistics Clients Valuation Real Estate 371

Appraisal Buzz

OCTOBER 25, 2021

Founded in 2017, ServiceMac is an independent mortgage subservicer for lenders, investors and other mortgage servicers. “We ServiceMac’s rapid growth, innovative technology and business leadership align well with. The post First American Completes ServiceMac Acquisition appeared first on Appraisal Buzz.

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Insurance Real Estate Investors Technology 195

Clear Capital

AUGUST 30, 2023

AURA is the first AI-driven appraisal review solution in API format that enables lenders to automatically assess images, text and floor plans. LenderX is the first Clear Capital partner to provide lenders with access to AURA, giving them a competitive advantage in streamlining the traditional and hybrid appraisal review process.

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Modernization Appraisal Valuation Real Estate 69

Housing Wire

FEBRUARY 19, 2021

It could also have big implications for appraisers, who are already nervous about the continued rise of automated valuation models. Previously, an appraiser would need to make an in-person visit to note the condition of the property, Dosaj said. The systems have condition data sets for 110 million buildings across the United States.

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Valuation Real Estate Investors Brokerage 395