Design, Mortgage, Technology and Valuation

ICE unveils two new property valuation solutions

Housing Wire

MARCH 18, 2024

Intercontinental Exchange (ICE) Mortgage Technology introduced two new tools, Validate ROV and Validate Selector, to its growing suite of property valuation solutions, the company announced on Monday. Regulators are paying close attention to valuations for many valid reasons.

Valuation

Valuation Reconsideration of Value Tools Technology

Valligent integrates with Encompass by ICE Mortgage Technology

Housing Wire

JULY 6, 2023

Apprasial management company Valligent , which was recently acquired by enterprise risk management and collateral valuation services provider VerosTM , announced today that it has integrated with the ICE Mortgage Technology platform Encompass. This content was generated using AI and was edited by HousingWire’s editors.

Technology

Technology Valuation Mortgage Design

ICE looks to rethink the mortgage servicing experience

Housing Wire

APRIL 29, 2024

Intercontinental Exchange (ICE) introduced MSP Digital Experience (MSP DX), a conversational user interface designed to interact with the company’s leading mortgage servicing system, MSP. It also unveiled two new tools , Validate ROV and Validate Selector, that were added to its growing suite of property valuation solutions.

Mortgage

Mortgage Technology Training Valuation

Xactus’ valuation solution approved to fulfill Fannie Mae’s property data collection orders

Housing Wire

OCTOBER 2, 2023

Mortgage tech company Xactus announced that its valuation solution Appraisal Firewall X has met federal requirements and is capable of fulfilling Fannie Mae property data collection orders. ” Fannie Mae’s program is part of its ongoing efforts to modernize the valuation component of the mortgage industry. .”

Valuation

Valuation Training Modernization Appraisal

Fannie Mae approves six vendors for controversial new valuation initiative

Housing Wire

MARCH 10, 2023

Fannie Mae has approved six firms to handle its new valuation initiative, which cuts traditional appraisers out of the process and potentially represents the biggest shift in the valuation space in years. Our appraisal, property inspection, title and closing technologies are designed to plug into any digital platform.”

Valuation

Valuation Inspection Training Appraisal

FinLocker raises $17M in Series B funding round

Housing Wire

MAY 14, 2024

The investment from Radian Group and existing shareholders will enable FinLocker to introduce a suite of new features and tools designed to optimize the homebuying and homeownership experience. ” FinLocker raised roughly $20 million in 2020 in its Series A round ( TransUnion was one of its early backers ) and $2.25

Tools

Tools Technology Development Home Value

Federal agencies seek input on proposed AVM credibility, integrity rule

Housing Wire

JUNE 1, 2023

Six federal agencies have requested comment from the public on a newly-proposed rule that is designed to “ensure the credibility and integrity of models used in real estate valuations.” And the design and development of the models and algorithms can reflect the biases and blind spots of the developers.”

Valuation

Valuation Design Law Insurance

Clear Capital’s AURA to automate appraisal review

Housing Wire

AUGUST 8, 2023

Real estate valuation technology company Clear Capital unveiled an automated underwriting risk analyzer solution called AURA on Tuesday. Through the AURA API solution, technology partners can provide lenders with a consolidated version of all the necessary data to assess the risk associated with an appraisal.

Appraisal

Appraisal Valuation Technology Investors

Lender Toolkit and Reggora partner to streamline mortgage underwriting

Housing Wire

JUNE 27, 2023

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. That savings can be passed on to borrowers.”

Mortgage

Mortgage Modernization Appraisal Process Loan Conditions

Trade groups warn of “unintended consequences” from proposed AVM rules

Housing Wire

AUGUST 22, 2023

The Mortgage Bankers Association (MBA) and the Consumer Bankers Association (CBA) sent a letter to regulators on Monday warning of the “unintended consequences” of new quality control standards for automated valuation models (AVMs). ” Another trade group weighed in on the newly proposed rule.

Valuation

Valuation Appraisal Government Real Estate

Fannie Mae makes further changes to appraiser independence requirements

Housing Wire

AUGUST 2, 2023

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. Fannie Mae approved six vendors for its controversial new valuation initiative a few days later.

Appraisal

Appraisal Valuation Design Modernization

Which mortgage tech advancements are making the biggest impact?

Housing Wire

AUGUST 2, 2022

Getting a mortgage is becoming an increasingly digital experience, with lenders and borrowers benefiting from saved time and fewer hiccups. HousingWire: We hear lenders talk a lot about eClosings but what other aspects of the mortgage process have been improved by the digital revolution within the industry?

Mortgage

Mortgage Technology Tools Valuation

From Forms to Reports: A Look at the UAD Overhaul

Appraisal Buzz

APRIL 15, 2024

UAD originated in 2010 and since then we appraisers are accustomed to using codes like “C4,” “N;Res,” and “1200sf0sfin” in our mortgage appraisal reports to communicate the results of our analysis. It all starts with the standard appraisal forms used in the mortgage process. Really, appraisers have always thought this way.

Appraisal

Appraisal Design Lending Technology

AI could improve racial equity in homeownership, but there’s work to be done

Housing Wire

NOVEMBER 6, 2023

Policymakers and the mortgage industry must reckon with historical and present-day barriers that lock would-be homebuyers of color out of the market altogether,” according to the report published on Monday. In terms of adopters, government-sponsored enterprises (GSEs), large mortgage lenders and fintech firms have used AI.

Government

Government Training Tools Design

Clear Capital launches UDC to support appraisal modernization

Housing Wire

MARCH 3, 2023

Real estate valuation technology provider Clear Capital on Thursday launched Universal Data Collection (UDC), a product designed to support appraisal modernization. The UDC product provides lenders with tools for scalability, interchangeability and loan management, according to a statement.

Modernization

Modernization Appraisal Real Estate Valuation

Mortgage lenders need to lean in to consumer expectations

Housing Wire

SEPTEMBER 9, 2021

Lenders that may have been holding out on embracing automation and technology were forced to adapt at breakneck speed to continue to serve customers. From hybrid appraisals to virtual showings to RON/RIN, the digital mortgage process took center stage over the last year. Why should the mortgage process be any different?

Mortgage

Mortgage Technology Inspection Appraisal

CFPB wants lenders to disclose reason for denial of credit

Housing Wire

MAY 27, 2022

The requirement also applies to mortgage lenders, legal experts say. The CFPB issued a statement to warn creditors that technology being “too complicated” is not an excuse for noncompliance. Presented by: Mortgage Coach. The CFPB said it is concerned automated valuation models may reflect bias in design and function.

Law

Law Legal Valuation Government

Black Knight looks to court brokers with new LOS

Housing Wire

SEPTEMBER 14, 2021

Black Knight is looking to hook mortgage brokers with a new loan origination system designed specifically for them. By providing anytime, anywhere access to advanced LOS technology, LoanCatcher meets brokers when and where they are, giving them the freedom to expand their business and better serve their customers.”. “By

Technology

Technology Design Lending Valuation

Clear Capital and ICE Mortgage Technology Expand Partnership to Support Adoption of Modern Appraisal Programs

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. Clear Capital’s automated status updates keep the lender informed in real-time.

Modernization

Modernization Technology Appraisal Mortgage

Alex Kutsishin to speak at Spring Summit

Housing Wire

MARCH 2, 2021

Kutsishin will outline a borrower retention game plan designed to ensure every borrower has the right loan, right now. The summit also features sessions on mortgage disruption, lessons from local markets and more. Plus, he’ll give a sneak peek at bleeding-edge innovations in borrower intelligence.

Real Estate Agent

Real Estate Agent Design Real Estate Technology

The Homepoint post-mortem: How one of America’s largest mortgage lenders went bust

Housing Wire

MAY 16, 2023

” At that time, historically low rates spurred the mortgage market to $4 trillion in volume — and the perception among the rank-and-file was that Home Point Capital ‘s wholesale lending business Homepoint was a great place to work. We all watched the live stream from Times Square. “Homepoint was fantastic.

Mortgage

Mortgage Lending Business Technology

Mortgage industry encouraged by Fed’s dovish approach

Housing Wire

MARCH 18, 2021

Mortgage rates have increased roughly 50 basis points in the first few months of 2021, in no small part due to fears that inflation will rear its ugly head as the economy rebounds. But the Federal Reserve is staying the course, maintaining the low-rate environment that gave rise to the best year for the mortgage industry in history.

Mortgage

Mortgage Marketing Valuation Design

Are these factors creating chaos in your mortgage lending ops?

Housing Wire

JUNE 7, 2022

From mortgage origination to servicing, companies are constantly grappling with high volume and stringent regulatory oversight while managing a large cohort of vendor partners. Smaller mortgage originators often deal with this problem by throwing more people at it. We’re seeing mortgage executives and workers retiring at record rates.

Lending

Lending Mortgage Technology Modernization

Blend CEO Nima Ghamsari to speak at Spring Summit

Housing Wire

FEBRUARY 12, 2021

Tech giant Blend ‘s CEO and Co-founder Nima Ghamsari will join other housing luminaries at HousingWire’s Spring Summit March 4 to discuss mortgage disruption and what’s coming down the road for those in housing. Taking those lessons with him, Ghamsari decided to start Blend in 2012 along with his co-founders.

Technology

Technology Valuation Design Mortgage

Figure CEO Mike Cagney to speak at Spring Summit

Housing Wire

FEBRUARY 3, 2021

Figure Technologies CEO and co-founder Mike Cagney will be speaking on mortgage disruption and the outlook for 2021 at HousingWire’s Spring Summit on March 4. Prior to Figure, Cagney cofounded Social Finance (SoFi). The focus of the Spring Summit is The Year-Round Purchase Market.

Technology

Technology Valuation Real Estate Design

Clear Capital’s Kenon Chen on appraisal modernization

Housing Wire

NOVEMBER 30, 2023

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. SW: How are appraisers adapting to some of these challenges, including new rules on valuations from the GSEs?

Modernization

Modernization Appraisal Valuation Investing

Valon Raises $43.9M for servicing platform, valued at $590M

Housing Wire

NOVEMBER 3, 2021

Digital mortgage-servicing platformer Valon announced Wednesday a $43.9 million raise in equity funding with participation from affiliates of Starwood Capital Group and Freedom Mortgage , alongside independent investor and Softbank Group International CEO, Marcelo Claure. Putting the homeowner first is the foundation of our technology.”

Design

Design Investors Investing Mortgage

Logan Mohtashami to speak at Spring Summit

Housing Wire

FEBRUARY 8, 2021

Record low rates led to a banner year for mortgage lenders in 2020, and with a demographic tsunami of Millennial homebuyers entering the housing market, this year is expected to be just as incredible. The summit also features sessions on operational strategies in the current market, lessons from local markets and more.

Real Estate

Real Estate Housing Market Technology Valuation

Rocket CEO talks new AI tool, changes in leadership and M&As

Housing Wire

APRIL 23, 2024

Rocket Mortgage launched a new artificial intelligence (AI) tool on Tuesday that allows its client experience teams to analyze sentiment, record behavior patterns, transcribe conversations and create tailored experiences during customer interactions. The addressable market in mortgages is $1.5 million in loans serviced.

Tools

Tools Clients Investing Finance

What AVMs can and can’t do in the appraisal process

Housing Wire

FEBRUARY 18, 2022

Further, Fannie notes, “Leveraging the wealth of big data, the power of advanced analytics, and the speed of technology, appraisers can perform desktop appraisals without physically inspecting the property.” Here are six misconceptions surrounding what AVMs currently do for appraisal valuation: 1. ” Amazing, right?

Appraisal Process

Appraisal Process Appraisal Valuation Renovations

Free Webinar: Components of AMC Training by Josh Walitt

Appraisal Buzz

JUNE 7, 2021

Certain states require AMC staff to receive training to ensure they understand valuation independence regulations as well as other statutory requirements. Josh : I am a compliance and valuation consultant based in Colorado. Josh : The Annual Compliance Training is designed to meet requirements of clients and regulators.

Training

Training Reconsideration of Value Valuation Clients

Black Knight and Stavvy receive MISMO RON certification

Housing Wire

APRIL 16, 2021

Data analytics giant Black Knight and digital mortgage vendor platform Stavvy are the latest companies to officially receive the Remote Online Notarization (RON) compliance certification through the Mortgage Industry Standard Maintenance Organization (MISMO).

Design

Design Technology Mortgage Real Estate

Is the GSE’s “Appraisal Modernization” Really Just Mass Appraisal?

Appraiserblogs

MARCH 7, 2024

Mass Appraisal tend to exhibit a regressive nature… In the intricate landscape of real estate mortgage financing, the notion of appraisal waivers recently dubbed “Value Acceptance”, by the Government Sponsored Enterprises (GSEs), has stirred considerable debate. Despite its roots in a methodology designed to support appraisers, Value.

Modernization

Modernization Appraisal Valuation Appraisal Process

Study reveals alarming inequality trend for Black, Native American borrowers

Housing Wire

NOVEMBER 29, 2022

Mortgage fairness for Black and Native Americans is no better today than it was 30 years ago, according to a new mortgage fairness report. The report, issued by “fairness-as-a-service” solution firm FairPlay AI , was based on a study of more than 350 million mortgage applications from 1990 to 2021. in 2021 from 1990.

Lending

Lending Government Mortgage Valuation

Why is now the time for lenders to modernize their appraisal processes

Housing Wire

AUGUST 5, 2022

With tech solutions and automation dominating more and more of the mortgage experience, the appraisal process can feel a bit dated, often causing significant slowdowns. Providing appraisers with more product options designed to increase efficiency helps to create more capacity, which will become essential when volumes increase again.

Appraisal Process

Appraisal Process Modernization Appraisal Logistics

PropMix and Capture Data Services Partner to Simplify Bifurcated Appraisals

Appraisal Buzz

SEPTEMBER 1, 2021

Cincinnati, Ohio / Aug 31, 2021 / – Today Capture Data Services LLC, a data and technology company, specializing in AI-assisted real estate data collection, announced a partnership with PropMix.io LLC, a leading provider of real estate valuation solutions with their flagship valuation platform called – Profet.ai.

Appraisal

Appraisal Valuation Real Estate Modernization

Dave Vermillion to speak at Spring Summit March 4

Housing Wire

FEBRUARY 5, 2021

Mortgage Champions founder and CEO Dave Vermillion will be speaking on a panel covering operational strategies in the current market at HousingWire’s Spring Summit on March 4. He is the author of Navigating the Mortgage Maze , a guide teaching the simple truths to securing the best possible mortgage, every time.

Training

Training Technology Real Estate Valuation

Introducing the 2023 Women of Influence!

Housing Wire

AUGUST 1, 2023

From leading mortgage companies and real estate firms to spearheading groundbreaking initiatives and driving policy reforms, these honorees are making an indelible impact on housing.

Real Estate

Real Estate Realty Lending Mortgage

Blend’s Nikolaos Pavlou to speak at Spring Summit

Housing Wire

FEBRUARY 25, 2021

Nikolaos Pavlou, product marketing manager at Blend , will sit down with other housing luminaries to discuss what mortgage tech is solving now at HousingWire’s Spring Summit on March 4. Pandemic conditions have provided fertile ground for mortgage tech innovation. The focus of the Spring Summit is The Year-Round Purchase Market.

Real Estate Agent

Real Estate Agent Real Estate Technology Valuation

HousingWire launches Spring Summit on March 4

Housing Wire

JANUARY 29, 2021

Wanting to take advantage of record low mortgage rates to gain more space in a pandemic, consumers didn’t follow traditional seasonal buying patterns , fueling a non-stop race to find and buy a house. Our keynote session is a one-on-one interview with UWM President and CEO Mat Ishbia.

Real Estate

Real Estate Valuation Design Technology

EVO appraisal management software from Global DMS lowers collateral risk by instantly reviewing reports

Housing Wire

AUGUST 31, 2021

In today’s mortgage industry, many organizations have a unique real estate appraisal process that fits their exact business model. Unfortunately, most valuation management technologies follow a one-size-fits-all approach, making it difficult for mortgage lenders, credit unions, AMCs and appraisal firms to work together.

Appraisal

Appraisal Appraisal Process Real Estate Valuation

Delinquency rate rises for first time in 9 months

Housing Wire

MARCH 23, 2021

After eight consecutive months of improvement, the national mortgage delinquency rate rose in February from to 6% from 5.85%, according to a report from Black Knight on Tuesday. Mortgage Tech Demo Day. Tune in April 6 to experience demos from the most innovative loan origination and valuation tech companies in the industry.

Valuation

Valuation Design Mortgage Technology

Homebridge’s Woody White to speak at Spring Summit

Housing Wire

FEBRUARY 10, 2021

The homeownership gap between white and Black Americans is larger than in the 1960s, and both real estate and mortgage lenders are looking for solutions. The summit also features sessions on operational strategies in the current market, lessons from local markets, an economic update and more.

Real Estate

Real Estate Technology Housing Market Valuation

Redfin’s Daryl Fairweather to speak at Spring Summit

Housing Wire

FEBRUARY 23, 2021

Record low rates led to a banner year for mortgage lenders in 2020, and with a demographic tsunami of Millennial homebuyers entering the housing market, this year is expected to be just as incredible. The summit also features sessions on operational strategies in the current market, lessons from local markets and more.

Housing Market

Housing Market Technology Real Estate Valuation

ICE unveils two new property valuation solutions

Valligent integrates with Encompass by ICE Mortgage Technology

Trending Sources

ICE looks to rethink the mortgage servicing experience

Xactus’ valuation solution approved to fulfill Fannie Mae’s property data collection orders

Fannie Mae approves six vendors for controversial new valuation initiative

FinLocker raises $17M in Series B funding round

Federal agencies seek input on proposed AVM credibility, integrity rule

Clear Capital’s AURA to automate appraisal review

Lender Toolkit and Reggora partner to streamline mortgage underwriting

Trade groups warn of “unintended consequences” from proposed AVM rules

Fannie Mae makes further changes to appraiser independence requirements

Which mortgage tech advancements are making the biggest impact?

From Forms to Reports: A Look at the UAD Overhaul

AI could improve racial equity in homeownership, but there’s work to be done

Clear Capital launches UDC to support appraisal modernization

Mortgage lenders need to lean in to consumer expectations

CFPB wants lenders to disclose reason for denial of credit

Black Knight looks to court brokers with new LOS

Clear Capital and ICE Mortgage Technology Expand Partnership to Support Adoption of Modern Appraisal Programs

Alex Kutsishin to speak at Spring Summit

The Homepoint post-mortem: How one of America’s largest mortgage lenders went bust

Mortgage industry encouraged by Fed’s dovish approach

Are these factors creating chaos in your mortgage lending ops?

Blend CEO Nima Ghamsari to speak at Spring Summit

Figure CEO Mike Cagney to speak at Spring Summit

Clear Capital’s Kenon Chen on appraisal modernization

Valon Raises $43.9M for servicing platform, valued at $590M

Logan Mohtashami to speak at Spring Summit

Rocket CEO talks new AI tool, changes in leadership and M&As

What AVMs can and can’t do in the appraisal process

Free Webinar: Components of AMC Training by Josh Walitt

Black Knight and Stavvy receive MISMO RON certification

Is the GSE’s “Appraisal Modernization” Really Just Mass Appraisal?

Study reveals alarming inequality trend for Black, Native American borrowers

Why is now the time for lenders to modernize their appraisal processes

PropMix and Capture Data Services Partner to Simplify Bifurcated Appraisals

Dave Vermillion to speak at Spring Summit March 4

Introducing the 2023 Women of Influence!

Blend’s Nikolaos Pavlou to speak at Spring Summit

HousingWire launches Spring Summit on March 4

EVO appraisal management software from Global DMS lowers collateral risk by instantly reviewing reports

Delinquency rate rises for first time in 9 months

Homebridge’s Woody White to speak at Spring Summit

Redfin’s Daryl Fairweather to speak at Spring Summit

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