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DocMagic adds ADA-compliant loan documents to its library

Housing Wire

Digital lending solutions provider DocMagic announced this week that it has added ADA-compliant mortgage loan documents to its document library. The new digital documents are accessible to visually impaired users and others with disabilities, unlocking opportunities for these consumers into the broader mortgage market.

Design 374
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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. KC: Many lenders’ loan origination systems are really just providing a document repository and maybe some screens.

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Lender Toolkit and Reggora partner to streamline mortgage underwriting

Housing Wire

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.

Mortgage 354
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Fannie Mae makes further changes to appraiser independence requirements

Housing Wire

Fannie Mae published a new frequently asked questions (FAQ) document related to AIR this week. AIR is designed to “safeguard the independence, objectivity, and impartiality of appraisers and other Independent Parties throughout the valuation process for 1 to 4-unit residential properties,” according to Fannie Mae.

Appraisal 359
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Solex eClosing from First American Docutech provides lenders with eSigning efficiencies and eVault integration

Housing Wire

Solex eClosing from First American Docutech is designed to accelerate the closing process through a streamlined, end-to-end, modern digital experience, inclusive of lenders, settlement agents, notaries and borrowers. On the day of closing, Solex provides options for in-person eNotarization, RON and eRecording.

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How embracing digital transformation gives lenders a competitive edge

Housing Wire

Modern technology is key for lenders who want to stay competitive in this regard. Online portals for each step in the process – applications, uploading documents and e-signing, and meaningful status updates – are crucial. In addition, modern tools can help eliminate manual errors and spot potential issues to reduce unnecessary costs.

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14 real estate trends Gen Z buyers are looking for

Housing Wire

They prize move-in ready homes that can be updated with fresh paint, new flooring and modern fixtures. Flexible design matters Flexible design goes beyond rooms with multiple functions or a layout that can be easily changed. They aren’t necessarily interested in a property that needs a complete renovation.