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Clear Capital launches UDC to support appraisal modernization

Housing Wire

Real estate valuation technology provider Clear Capital on Thursday launched Universal Data Collection (UDC), a product designed to support appraisal modernization. UDC will also support Freddie Mac’s ACE+ PDR solution for lenders to scale their business.

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Clear Capital’s Kenon Chen on appraisal modernization

Housing Wire

Editor in Chief Sarah Wheeler sat down with Kenon Chen, executive vice president of strategy and growth at Clear Capital , to talk about appraisal modernization and how technology is just part of the solution. Most lenders’ loan origination systems are not designed to do that, for collateral especially.

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First Community Mortgage selects Blue Sage platform to scale business

Housing Wire

The move allows the lender to have “modernized its mortgage operational processes, boosted productivity and delivered an enhanced borrower experience for its customers,” the company said in a news release.

Business 409
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Opinion: Reformed FHA program will offer lenders new business opportunities

Housing Wire

Modern manufactured homes are an unusual feature of today’s housing market, the rare homeownership opportunity that is both lower-cost and high-quality. For lenders, the market offers the prospect of a new and growing line of business. The home-only lending market presents several major opportunities.

Business 427
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Opinion: How marketing automation saved an LO’s business

Housing Wire

But when it comes to marketing a real estate or mortgage lending business, people who have made a sale in the past often consider marketing automation a “nice to have.”. How marketing automation saved Mike’s business. Thanks to this technology, most of his customers and business partners didn’t even know he was sick.

Business 421
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Title giant Stewart sues Qualia over software licensing agreement dispute

Housing Wire

In the filing, Stewart states that it paid $1.782 million for the first set of the perpetual license before installing ResWare “across virtually the entire business platform.” According to Stewart, if the license agreement is terminated, it “would suffer damages, monumental harm, and enormous disruption to its business.”

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DocMagic adds ADA-compliant loan documents to its library

Housing Wire

Much of modern lending technology is designed to give consumers the convenience to access loan documents in the ways that work best for them. It is imperative that our industry remains inclusive of all borrowers, and that we design solutions that are accessible to all.

Design 318