Appraisal Buzz

APRIL 15, 2024

LenderLogix , a provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks, and brokers, has released its first-quarter Homebuyer Intelligence Report, a summary of insights into borrower behavior during the home buying process based on data collected by the LenderLogix suite of tools.

Loan Officers 368

Loan Officers Tools Mortgage Appraisal 368

Appraisal Buzz

MAY 15, 2024

OneTrust Home Loans is now using LenderLogix ‘ Fee Chaser product to streamline its operations and compliantly collect upfront fees from its borrowers. Once borrowers pay using the link, Fee Chaser delivers a receipt to all parties and automatically updates the loan file within the LOS.

Loan Officers 195

Loan Officers Design Tools Appraisal 195

Appraisal Buzz

JUNE 17, 2021

National mortgage lender and servicer Planet Home Lending has deployed Total Expert’s CRM and customer engagement platform to increase loan officer productivity, improve marketing and engagement efforts, and enhance customer experiences. With Total Expert, Planet Home Lending plans.

Lending 195

Lending Tools Loan Officers Appraisal 195

Housing Wire

AUGUST 31, 2023

However, a year after the GSEs announced new appraisal modernization solutions, as they’re more widely adopted, questions arise. And as a loan officer (LO), why should I care? A look into GSE appraisal modernization efforts The GSEs have each offered appraisal waivers on eligible loans for several years.

Modernization 322

Modernization Appraisal Inspection Valuation 322

Appraisal Buzz

MAY 3, 2024

Patelco is California’s fourth-largest credit union mortgage lender by number of loans closed annually. The credit union’s 214 loan officers will use the Empower LOS to originate retail home loans, home-equity loans and home-equity lines of credit (HELOCs).

Loan Officers 195

Loan Officers Modernization Retail Tools 195

Appraisal Buzz

JULY 26, 2022

OSB Community Bank , an Illinois-chartered commercial bank with loan officers operating out of branches in Ottawa, Marseilles and Morris, Illinois, is now using Nexus Closing by SimpleNexus to support hybrid closings. In a release, Dan Sabol, director of mortgage sales for.

Loan Officers 195

Loan Officers Tools Appraisal Mortgage 195

Appraisal Today

SEPTEMBER 15, 2023

NAR Appraiser Survey July, 2023 In July 2023, NAR Research conducted a survey of all 9,800 appraiser members and 50,000 randomly-selected residential-focused non-appraiser members. To read the report, click here My comments: Read the appraiser sections in the long report. This is up sharply from 27 percent last year.

Appraisal 82

Appraisal Real Estate Agent Contracts Real Estate 82

Genworth MI Blog

FEBRUARY 18, 2021

Loan officers and listing agents are familiar with homeowner anxiety about real estate appraisals. Questions arise, such as: Does the appraiser penalize me if my house isn’t spotless? Will the appraiser look in my closets? Should I follow the appraiser and point things out? Will worn carpeting hurt my value?

Inspection 148

Inspection Appraisal Real Estate Loan Officers 148

Housing Wire

MAY 26, 2021

Joe Tyrrell, ICE president, said the recent findings align with the company’s 2020 Borrower and Lender Insights Survey, which noted that digital mortgage technologies are making closing a mortgage loan “faster and easier.”

Mortgage 439

Mortgage Technology Loan Officers Tools 439

Housing Wire

JUNE 1, 2021

. “Through its Surefire marketing automation and CRM platform, Top of Mind has brought incredible value to the sales and marketing side of the mortgage industry by helping lenders gain powerful competitive advantages for their loan officers,” said Anthony Jabbour, CEO of Black Knight.

Clients 422

Clients Loan Officers Real Estate Brokerage 422

Housing Wire

MAY 6, 2024

Largely hidden from view and misperceived by some to be on the lower end of the hierarchy of service providers, the position seemingly lacked the luster of the real estate agent or the panache of the loan officer. During the housing crisis of 2008, the title industry suddenly emerged from obscurity into full view.

Real Estate Agent 291

Real Estate Agent Real Estate Project Management Agents 291

Housing Wire

DECEMBER 3, 2021

While borrowers can shop online these days and follow an automated experience, it doesn’t equate to working with a seasoned professional loan officer and learning what to expect first-hand. I’m focusing on preparing my lenders with the right tools to be successful and stay sharp in this ever-changing industry.

Inventory 382

Inventory Loan Officers Clients Mortgage 382

Appraisal Today

AUGUST 13, 2023

ChatGPT: Valuable Tool or a Replacement for Real Estate Appraisers? I have not had time to use it, but have been reading and watching demos about how it can be used for appraisers for awhile. Appraisers there regularly value homes with small vineyards, sometimes leased to wine makers. Isn’t that Just PAVEY!

Appraisal 75

Appraisal Contracts Real Estate Agent Mortgage 75

Genworth MI Blog

AUGUST 31, 2022

Enact’s David Foster recently spoke with MortgageOrb about how the COVID-19 pandemic impacted inspections and appraisals, the changes we see today, and other appraisal factors to consider. Q: How have inspections and appraisals been impacted since the beginning of the COVID-19 pandemic?

Inspection 78

Inspection Appraisal Marketing Appraisal Process 78

Appraisal Buzz

JUNE 7, 2021

I provide services to appraisers, banks, technology firms, education providers, appraisal management companies, and attorneys. For appraiser clients, we commonly focus on proactive practices, methods and support, investigations, use of assistants, workflow efficiency, and technology. Buzz : Why do AMCs need the training?

Training 366

Training Reconsideration of Value Valuation Clients 366

Housing Wire

JULY 9, 2021

Homebuyers and sellers contend with a variety of entities — banks, insurance companies, mortgage servicers, appraisal companies, title providers, agents, brokerages, and even real estate marketers— and the process can be labyrinthine to even those who have gone through it before. Technology plays a big role. In real estate, data is king.

Real Estate 441

Real Estate Business Valuation Technology 441

Housing Wire

AUGUST 23, 2021

Here are a few examples of typical title agency processes generally addressed by staff today, but which soon could be managed efficiently and cost-effectively by AI tools. Those include collaborative communications (Realtor to closing officer; loan officer to escrow assistant, etc.)

Loan Officers 377

Loan Officers Agents Realtors Clients 377

AmeriMac

JANUARY 30, 2024

What is a Reverse Mortgage Appraisal? A reverse mortgage appraisal is an evaluation of a property’s value to determine how much money can be borrowed through a reverse mortgage. The appraisal is important because it helps lenders assess the risk associated with the reverse mortgage loan.

Appraisal Process 36

Appraisal Process Mortgage Appraisal Appraisal Mortgage 36

Clear Capital

JULY 13, 2023

Through this integration, Clear Capital will deliver an improved user experience for mortgage lenders and loan officers ordering products that support appraisal modernization, such as Universal Data Collection (UDC ) , Desktop appraisals and Hybrid appraisals. To learn more about Encompass, visit [link].

Modernization 67

Modernization Technology Appraisal Mortgage 67

McKissock

APRIL 16, 2021

With home-sale prices hitting a record high, the appraisal gap has created friction among agents, lenders, and appraisers. Appraisal waivers have exploded during the COVID-19 pandemic. The President of The Appraisal Foundation discusses the foundation’s outlook for 2021. Read on for more appraisal news and insights.

Housing Market 59

Housing Market Appraisal Marketing Real Estate Agent 59

Genworth MI Blog

FEBRUARY 18, 2021

Loan officers and listing agents are familiar with homeowner anxiety about real estate appraisals. Questions arise, such as: Does the appraiser penalize me if my house isn’t spotless? Will the appraiser look in my closets? Should I follow the appraiser and point things out? Will worn carpeting hurt my value?

Inspection 78

Inspection Appraisal Real Estate Loan Officers 78

AmeriMac

MARCH 29, 2024

Reverse mortgages are becoming an increasingly popular financial tool for homeowners over the age of 62 who want to access equity in their homes. One important aspect of the reverse mortgage process is the appraisal, which determines the value of the property and plays a crucial role in determining the size of the loan.

Mortgage Appraisal 36

Mortgage Appraisal Appraisal Mortgage Appraisal Process 36

Housing Wire

OCTOBER 6, 2020

Part of the reason efficiencies from the emerging digital mortgage did not, and still have not, fully translated in the back-office is due to the trust that comes along with the wide-adoption of any new technology. Borrowers were not comfortable turning over their credentials to loan officers or processors. Collateral Valuation.

Technology 439

Technology Mortgage Investors Investing 439

Housing Wire

SEPTEMBER 8, 2023

Loan officers dread having to email an appraisal firm for the report they’re waiting on. If you look around, you’ll see numerous examples of otherwise efficient and effective employees doing the right job with the least effective tool. But most understand that there are a lot of phone calls, emails and texts exchanged.

Real Estate Agent 306

Real Estate Agent Real Estate Project Management Agents 306

Appraisal Today

OCTOBER 14, 2022

Appraisal Risk, Reviews, and Revisions. Excerpts: This is part three of a three part series on appraisal review – Read parts one and two. I am often posed with the following question “How do you know when you are looking at a “good” appraisal?” Appraisers and AMCs spend less time and have fewer hassles. By Ken Dicks.

Appraisal 52

Appraisal Insurance Real Estate Business 52

McCarthy Appraisal Blog

SEPTEMBER 4, 2018

How to Choose a Real Estate Appraiser? An appraisal is a professional appraiser’s unbiased and impartial opinion of value based on the condition of the property, prevailing real estate prices and other factors. The important questions are about education and licensing, relevant experience and appraisal methodology.

Real Estate 36

Real Estate Appraisal Valuation Loan Officers 36

Realtor

OCTOBER 16, 2023

“Today, there are tons of credit improvement tools you can use to quickly and easily tackle your credit. Not preparing for the possibility of a low appraisal Before lenders front the money for a house, they will have an independent home appraiser estimate its value. ” 9. . ” 10. .

Mortgage 190

Mortgage Real Estate Agent Real Estate Buyers 190

Housing Wire

MARCH 1, 2021

It’s much more efficient to reach a loan officer and input an application into the pipeline than ever before. And the inefficiency is only amplified by the use of 20 th century tools to do it. They’ll be dealing with more complex appraisal and title issues. Some investment has also gone into the underwriting process.

Marketing 229

Marketing Realtors HOA Technology 229

Housing Wire

MARCH 1, 2022

Global DMS emphasizes that their appraisal management software product EVO prevents the need to hire additional staff while also decreasing turn times for less cost. Certain Fiserv clients have expanded their active QC review from 10% of loan volume to 100% without increasing staff.

Real Estate 311

Real Estate Brokerage Real Estate Agent Technology 311

PennyMac

DECEMBER 29, 2020

Your finances will be verified and calculated, and your home will be appraised to determine its value to your potential lender. There are also products that do not require an appraisal. As a result of a refinance, it’s common for your monthly payment and even your total loan amount to change — but will your property taxes go up?

Real Estate 36

Real Estate Property Taxes Appraisal Loan Officers 36

PennyMac

DECEMBER 22, 2020

Online services: Other online services, such as Zillow , offer tools to look up foreclosures by certain characteristics or in certain areas. Some of these tools are free to use, while others may charge a fee. Step 5: Get an Appraisal on Your Ideal Property. Step 2: Find a Lender and Discuss REO Financing.

Inspection 69

Inspection Real Estate Agent Real Estate Agents 69

Clear Capital

SEPTEMBER 29, 2021

Then they dive into Freddie Mac’s long-anticipated research paper, “ Racial and Ethnic Valuation Gaps In Home Purchase Appraisals.” It’s also, to be clear, somewhat about revolutionizing and modernizing the appraisal process by enabling property data collection to be performed by non-appraisers.

Sellers 69

Sellers Agents Real Estate Buyers 69

Assurance Financial

NOVEMBER 28, 2023

A mortgage is a critical tool to have — it allows you to become a homeowner without putting down hundreds of thousands of dollars on the spot, and it lets you pay off your loan over time. Pre-approval: The lender evaluates your creditworthiness and pre-approves you for a certain loan amount.

Mortgage 69

Mortgage Property Taxes Insurance HOA 69

Assurance Financial

MARCH 1, 2021

Pinterest can be an excellent tool for anyone looking to go DIY. If you have or will be receiving a gift from your family to help with your down payment, include this amount on your mortgage loan application. Remember, not all mortgage loans permit the use of gifts for a down payment. Need a face mask? Use Cash vs. Card.

Landlords 45

Landlords Insurance Mortgage Transportation 45