Appraisal Buzz

AUGUST 11, 2021

Commercial and multifamily mortgage bankers are expected to close $578 billion of loans backed by income-producing properties in 2021 – a 31% increase from 2020’s volume of $442 billion, according to the Mortgage Bankers Association ’s (MBA) newest forecast.

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Lending Mortgage Appraisal 370

Housing Wire

FEBRUARY 13, 2024

Gregory Meola, managing director, head of business development & strategy, Acra Lending Rather than formulaic QM lending, non-QM lending can be more complex. HousingWire: What are the unique complexities of non-QM lending as compared to QM loans? Most non-QM loans; however, are manually underwritten.

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Appraisal Buzz

MARCH 29, 2024

Andy Insua has joined Planet Home Lending as regional sales manager for the Southeast. Insua has a diverse financial services background in consumer finance, commercial banking, and mortgage banking. The post Planet Home Lending Adds Andy Insua as Regional Sales Manager, Southeast appeared first on MortgageOrb.

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Lending Retail Finance Clients 195

Housing Wire

NOVEMBER 1, 2023

Appraisal technology company Accurate Group announced this week that it has acquired Voxtur Appraisal Services , an appraisal management company (AMC). Voxtur primarily serves real estate finance providers and specializes in broker-price opinions (BPOs), alternative valuation methods and traditional appraisals.

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Appraisal Valuation Clients Real Estate 391

Appraisal Buzz

MAY 1, 2024

Non-QM lender American Heritage Lending (AHL) is now using the OptifiNow TPO CRM system to improve its sales and marketing capabilities. The OptifiNow TPO Wholesale Lender CRM is built to handle the nuances of wholesale mortgage lending with a comprehensive suite of features that are powerful and efficient.

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Lending Loan Officers Technology Marketing 195

Appraisal Buzz

SEPTEMBER 9, 2021

The post Mortgage Lending Sentiment Mixed appeared first on DSNews. The post Mortgage Lending Sentiment Mixed appeared first on Appraisal Buzz. While increased competition has created some pessimism, survey respondents with a more bullish outlook cited GSE policies and strong consumer demand. .

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Lending Mortgage Appraisal 195

Appraisal Buzz

DECEMBER 3, 2021

The post Mortgage Lending Experiences Quarterly Decline appeared first on theMReport.com. The post Mortgage Lending Experiences Quarterly Decline appeared first on Appraisal Buzz. Overall loan activity decreased 8%, marking the second consecutive decrease according to Q3 data obtained from ATTOM.

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Lending Mortgage Appraisal 195

Appraisal Buzz

JANUARY 11, 2022

Trust Lending , a national mortgage banker, has gone live with ReverseVision ’s Exchange (RVX) platform for its wholesale lending channel. ReverseVision is a national provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology. Trust Lending is leveraging.

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Lending Mortgage Technology Business 195

Housing Wire

MAY 24, 2022

A Fannie Mae survey published in mid-May found that mortgage lenders see value in appraisal modernization, specifically in the implementation of non-traditional appraisals and inspection-based appraisal waivers. One mid-sized lender echoed the opinion of others that appraisals still take too long.

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Appraisal Buzz

NOVEMBER 24, 2021

From golf outings to blood and food drives, members of the mortgage industry banded together this holiday season to benefit several charitable initiatives. The post Mortgage Industry Lends a Hand to the Community appeared first on theMReport.com.

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Lending Mortgage Appraisal 195

Housing Wire

FEBRUARY 1, 2024

The Tech100 Mortgage award celebrates the most innovative and impactful organizations in housing. More than just an acknowledgment; the Tech100 award is a testament to the transformative impact these companies have made, propelling the mortgage sector into new realms of efficiency, transparency and accessibility.

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Mortgage Valuation Insurance Appraisal 444

Appraisal Buzz

APRIL 13, 2022

Cornerstone Home Lending has launched its full service, in-house mortgage loan servicing operation for new loan originations. The residential mortgage company’s team of servicing professionals will be led by Toby Wells, Cornerstone’s managing director of loan servicing.

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Lending Mortgage Technology Appraisal 195

Appraisal Buzz

JULY 22, 2021

Digital lending solutions provider Tavant has introduced its new Touchless Lending platform, an AI-powered lending-as-a-service platform that maximizes the use of data-driven processes to provide an end-to-end loan manufacturing experience.

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Lending Design Mortgage Appraisal 370

Appraisal Buzz

JUNE 18, 2021

The post FFIEC Releases 2020 Data on Mortgage Lending appeared first on theMReport.com. The post FFIEC Releases 2020 Data on Mortgage Lending appeared first on Appraisal Buzz. million apps recorded in the marketplace in 2020.

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Lending Mortgage Appraisal 195

Appraisal Buzz

DECEMBER 9, 2021

Tavant , a digital lending technology provider, is partnering with LogRocket , a data and analytics company, to enhance consumer lending experiences for American homebuyers. Tavant’s AI-powered consumer lending platform – V?LOX LOX – provides differentiated, customer-centric lending experiences. Partnering with LogRocket.

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Lending Technology Appraisal Mortgage 369

Housing Wire

MAY 17, 2023

Recent home price declines are leading to decreased tappable equity, but there are still opportunities in home equity lending, according to a report published by Home Equity Lending News. And as instant online automated approval and closing continues to elude home equity lending, attention has turned to artificial intelligence.

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Housing Wire

JULY 28, 2021

Cora Robinson, who is Black, claims that appraiser Thomas Kearney violated the Fair Housing Act by undervaluing her home by over $400,000. Robinson also names as a defendant Class Valuation , an appraisal management company. The mortgage broker, who was unnamed in the complaint, applied with Homepoint to refinance the mortgage.

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Appraisal Valuation Lending Legal 457

Appraisal Buzz

JANUARY 7, 2022

Citizens State Bank , a Wisconsin-based community bank focused on commercial and personal banking products, has selected Lendsmart , an AI-driven digital lending platform, to improve its digital lending operations and offer a seamless customer experience.

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Lending Technology Mortgage Appraisal 195

Appraisal Buzz

JUNE 8, 2021

Sheri Crump recently joined Ross Mortgage Corp. , a full-service residential mortgage lender, as vice president of mortgage lending operations. Crump has 28 years of mortgage industry experience. She previously worked for Chemical Bank as the director of mortgage operations.

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Lending Mortgage Appraisal 195

Appraisal Buzz

AUGUST 9, 2021

Local, State, and Federal policy can play a significant role in an appraiser’s business – it is important to stay informed about what is happening around us. Most appraisers have been busier than ever over the past year and may be struggling to keep up with deadlines. Policy can affect all segments of the appraisal profession.

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Appraisal Buzz

MAY 17, 2022

a global provider of payments and financial services technology solutions, has debuted an intuitive digital mortgage lending platform. Digital Mortgage Center from Fiserv enables digital application access from a desktop, laptop or mobile device. Fise r v Inc. , Changing expectations.

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Lending Mortgage Technology Appraisal 150

Appraisal Buzz

JUNE 2, 2022

BLOG VIEW: The mortgage market is shifting. The post Mortgage Lending Creativity Adding Risk appeared first on Appraisal Buzz. Experts had been predicting that interest rates would be rising as early as late 2020. Now that it’s here, the impacts are landing. Now that it’s here, the impacts are landing.

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Lending Mortgage Business Appraisal 150

Housing Wire

DECEMBER 21, 2023

Unfortunately, too many misconceptions persist among real estate and even mortgage industry professionals about the VA home loan, and those misconceptions have big (and negative) impacts. VA mortgage loans generally provide veterans and active-duty service members with more favorable terms than other loans on the market.

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Mortgage Renovations Appraisal Process Finance 438

Appraisal Buzz

SEPTEMBER 22, 2021

The post Promoting Diversity and Inclusion in Mortgage Lending appeared first on Appraisal Buzz. While the business outlook is often clear, what remains hazy is how skills are measured and resources are evaluated. Finding the right balance for inclusiveness at the organization.

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Lending Mortgage Business Appraisal 195

Appraisal Buzz

DECEMBER 15, 2021

ClearPath Lending , a VA home loan origination firm, reports that it has provided more than 50,000 mortgage loans that were guaranteed by the Department of Veterans Affairs or insured by the Federal Housing Administration (FHA) since the company was founded in 2012. It’s an honor to serve the.

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Lending Mortgage Insurance Appraisal 195

Housing Wire

AUGUST 14, 2023

Appraisal modernization is generating a lot of buzz in the real estate lending industry. Expanded use of desktop appraisal technology began out of necessity during the COVID-19 pandemic. However, is appraisal modernization on its own enough? However, is appraisal modernization on its own enough?

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Appraisal Buzz

APRIL 19, 2024

Alicia Goncalves, CMB, has joined the Mortgage Bankers Association (MBA) as director of associate membership. Prior to that, she held ascending roles in lending at Norcom Mortgage, most recently as assistant vice president, assistant operations manager.

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Mortgage Lending Development Business 195

Housing Wire

MAY 23, 2023

In the past few years, appraisal bias has come to the forefront of conversations about appraisals and how they can be improved. It’s a problem, it’s real, it’s documentable,” said Shannon Johnson, Touchless Lending product manager at Tavant. We often hear the statistic that the average appraiser is a 57-year-old white male.

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Technology Appraisal Lending Valuation 346

Housing Wire

APRIL 11, 2024

Jamie Dimon evidently believes in the KISS principle when it comes to mortgage — keep it simple, stupid. In his annual letter to shareholders , the influential head of JPMorgan Chase wrote that “we can fix the housing and mortgage” markets. Do we want to reasonably give smaller banks a leg up in purchasing a failing bank?

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Mortgage Finance Business Insurance 341

Housing Wire

MAY 11, 2022

.” But how does an all-cash offer benefit a mortgage lender? It also plans to hook prospective homebuyers by boosting their bottom line: They get to lock in lower wholesale mortgage rates that can cost the homebuyer an average of $8,000 less over the life of the loan. Planet Home Lending entered into a $2.5

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Lending Real Estate Agent Investors Finance 377

Appraisal Buzz

MAY 28, 2021

Paul Concannon has joined Guaranteed Rate , one of America’s top 5 retail mortgage lenders, as a senior vice president of mortgage lending in Baltimore and the Washington metropolitan area. Concannon has 16 years of mortgage industry experience. He consistently ranks as one of the country’s top mortgage originators.

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Lending Mortgage Retail Appraisal 195

Appraisal Buzz

MAY 18, 2022

LexisNexis has released its first True Cost of Fraud for Real Estate study which examines fraud trends for the United States based on the answers of 360 risk and fraud management executives which found that mortgage lenders are especially vulnerable through online and mobile channels.

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Lending Mortgage Real Estate Appraisal 170

Appraisal Buzz

DECEMBER 2, 2021

Residential Property Mortgage Origination Report, which shows that 3.59 million mortgages secured by residential property (1 to 4 units) were originated in the third quarter of 2021 in the United States. The post Mortgage Lending Sees Fast Dip During Q3 2021, ATTOM Reports appeared first on Appraisal Buzz.

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Lending Mortgage Appraisal 195

Appraisal Buzz

JULY 19, 2021

Non-agency lender Deephaven has announced new income qualification options that are designed to enable brokers and correspondents to compete for more credit-worthy borrowers who are locked out of agency mortgages. The post Deephaven Looks to Increase Partners’ Non-Agency Lending Opportunities appeared first on Appraisal Buzz.

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Lending Loan Officers Design Appraisal 370

Appraisal Buzz

APRIL 18, 2022

Cornerstone Home Lending, Inc. has launched its full service, in-house mortgage loan servicing operation for new loan originations, combining its 34-year tradition of superior customer care with industry-leading loan servicing technologies.

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Lending Mortgage Technology Investing 195

Housing Wire

APRIL 26, 2022

Chopra said the CFPB would still be watching mortgage servicers, as it has repeatedly promised, to make sure they are not “cutting corners.” The watchdog agency will also be working with other federal agencies to intervene in policies and regulation that could impact mortgage lenders and residential appraisers.

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Appraisal Mortgage Valuation Lending 345

Cleveland Appraisal Blog

NOVEMBER 3, 2022

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. As appraisers, we know!

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Business Appraisal Real Estate Agent Clients 393