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Sean Faries: How Lenders Can Navigate Construction Lending Technology Options

Appraisal Buzz

PERSON OF THE WEEK: At a time of lower-profit margins, a growing number of mortgage lenders are looking to lift their balance sheets by offering construction-to-per loans. This has led to the current boom in construction loan administration software designed to manage and simplify these complex products.

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Bright MLS teams up with Collabra Technology

Housing Wire

Agents subscribed to Bright MLS now have access to a built-in advertising tool through a new partnership with Collabra Technology , according to an announcement on Tuesday. Agents can pick their budget, set their geographic target area and choose which platforms to promote the advertisements on, including Facebook, Instagram, Google and Bing.

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NAHREP launches National Hispanic Construction Alliance

Housing Wire

The National Association of Hispanic Real Estate Professionals is launching a new trade organization to support Latino construction businesses and workers in building capacity, access to capital and creating business opportunities for its members. of construction workers compared to 18.5% Hispanics represent 27.7%

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Construction tech startup Modulous raises $11.5 million

Housing Wire

Seattle and London-based construction technology company Modulous has raised $11.5 The firm said the funding will help further the growth of its physical and digital technologies. based real estate developer, CEMEX Ventures , the venture arm of construction giant CEMEX ; Blackhorn Ventures (U.S.);

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New Home Construction Expectations for 2022

Appraisal Buzz

Of course, the construction industry has been facing some pressing challenges, including hitches in global and national supply chains. This makes new home construction a continued challenge, even as demand exists to accelerate new housing. In 2022, construction companies will have to work hard to catch up with an overwhelmed market.

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[Press & News] GoFormz Named To Construction Executive's '2021 Top Construction Technology Firms'

GoForrmz

GoFormz highlighted as a top construction technology solution We are thrilled to announce that GoFormz has been selected as a ‘Top Construction Technology Firm’ by Construction Executive. Read the Article: The Top Construction Technology Firms.

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Built Technologies closes $88 million Series C funding round

Housing Wire

Multi-year HousingWire Tech100 winner Built Technologies , a construction finance software and construction payment technology company, closed an $88 million Series C funding round. Modern construction finance requires new infrastructure altogether. and Canada. and Canada.