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

Housing Wire

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 404
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Free Webinar: Components of AMC Training by Josh Walitt

Appraisal Buzz

Certain states require AMC staff to receive training to ensure they understand valuation independence regulations as well as other statutory requirements. Our free webinar, “ Components of AMC Training ” will be held on June 10th at 2 pm with Josh Walitt as the host. Can’t make the time?

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Fannie Mae approves six vendors for controversial new valuation initiative

Housing Wire

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 383
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ICE looks to rethink the mortgage servicing experience

Housing Wire

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. The new interface is poised to streamline workflows, enhance efficiencies and simplify the training process for servicing team members.

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14 indispensable AI tools for real estate agents

Housing Wire

While ChatGPT might be making headlines, the true killer apps of the AI revolution will add the technology to software that agents already know and love. Called RAIA, Offrs AI chat tool uses conversational AI trained by licensed agents to qualify leads for you.

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

Housing Wire

Nearly 50 interviews from staff members in the federal government, financial technology companies, mortgage lenders and consumer advocates found that the ability of AI to improve racial equity can be undermined by the data used to train the algorithm, not just by the algorithm itself.

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From Forms to Reports: A Look at the UAD Overhaul

Appraisal Buzz

The original forms were designed before the digital age, to be completed on typewriters. Appraisal software companies have innovated the process of “filling out “these forms, but they are still constrained with the original typewriter design. These forms became fixed in the mortgage industry and have remained the standard for decades.

Appraisal 397