Development, Lending, Technology and Valuation

Financial services firm Consolidated Analytics acquires Real Info

Housing Wire

JANUARY 23, 2024

a provider of property data and valuation technology solutions. With the acquisition , Consolidated Analytics expands its valuation solutions, offering clients tools — from data and analytics to appraisals — to predict market value and access a more comprehensive selection of collateral assessment products, the company said.

Valuation

Valuation Market Value Clients Government

How data and technology can combat appraisal bias

Housing Wire

MAY 23, 2023

It’s a problem, it’s real, it’s documentable,” said Shannon Johnson, Touchless Lending product manager at Tavant. In March , Fannie Mae released an update to its Seller’s Guide that outlined more options for property valuations, including value acceptance (formerly appraisal waivers), value acceptance plus property data and hybrid appraisals.

Technology

Technology Appraisal Lending Valuation

The appraiser can’t be replaced by technology – Here’s why

Housing Wire

APRIL 20, 2021

This general alignment matters a great deal as the FHFA, through their oversight of the GSEs, who have the vast majority of the market share, plays a key role in the conforming lending market being the de facto regulator. These entities make many other comments about technology, workforce options, modernization and the need for change.

Technology

Technology Appraisal Valuation Lending

Modernizing Appraisals: Collaborative Valuation

Appraisal Buzz

OCTOBER 18, 2021

In a couple of words, it’s collaborative valuation; in a description it’s bringing together a team of professionals to tackle each appraisal report in concert. What is Collaborative Valuation? My solution was to hire and train a few folks that could help me develop and support my workflow and processes. Technology.

Modernization

Modernization Valuation Appraisal Training

Announcing the 2023 HW Insiders!

Housing Wire

SEPTEMBER 1, 2023

Through the development of improved and sophisticated systems, protocols and technology, these operations leaders are driving their companies to growth and success. In its 8th year, the HW Insiders program is spotlighting the talented operations professionals who are laying the foundation of success for their organizations.

Technology

Technology Development Real Estate Realty

Figure and Apollo complete ownership transfer via blockchain

Housing Wire

MARCH 17, 2022

Figure , a blockchain-focused financial service company and Apollo , a global alternative asset manager, announced today completing a transaction involving the origination of digital mortgage loans and transfer of ownership via blockchain technology, according to a press release shared with FinLedger.

Technology

Technology Landlords Valuation Lending

ServiceLink offers brokers constant communication and transparency into valuation and closing

Housing Wire

JUNE 30, 2021

Regardless of the lenders’ size, ServiceLink’s exclusive EXOS technology, comprehensive industry experience, and stability help lenders get to closing quickly while providing a better borrower experience. Our EXOS Title technology offers accelerated title decisioning and a definitive clear-to-close timeline in seconds.

Valuation

Valuation Client Relationships Clients Inspection

Operational efficiency is primary motivation for lenders to adopt AI: Fannie Mae

Housing Wire

OCTOBER 4, 2023

Lenders that adopt artificial intelligence (AI) or machine learning (ML) into the mortgage lending landscape want to see operational efficiency, Fannie Mae ’s mortgage lender sentiment survey showed. Top recommended AI application ideas included compliance, underwriting and property valuation.

Technology

Technology Lending Valuation Mortgage

People Movers: FundingShield, North American Title Company, Valligent Technologies, Garris Horn and Azimuth GRC

Housing Wire

AUGUST 7, 2020

Patricia Suazo has joined FundingShield as its vice president of technology operations and integrations. Suazo has over 15 years of leadership experience in the mortgage lending space with firms including Stearns Lending , Bank of America , Carrington Holding Company and CloudVirga.

Technology

Technology Law Lending Legal

Nationwide Appraisal Network’s valuation solutions allow lenders to select appraisers based on performance

Housing Wire

MAY 2, 2021

Nationwide Appraisal Network (NAN) is an industry-leading appraisal management company providing residential and commercial valuation services in all 50 states. NAN’s valuation solutions give lenders the chance to evaluate, select and manage appraisers based on their quality and performance.

Valuation

Valuation Appraisal Appraisal Process Technology

Stepping up the fight against fraud in mortgage lending

Housing Wire

MARCH 23, 2021

As origination volumes hit record highs in 2020, Truework’s verification experts saw a spike in fraud in mortgage lending, and expect that trend to continue this year. Now is the time for lenders to tighten their procedures not only on recruiting and hiring practices, but also lending operations. Data-driven analysis.

Lending

Lending Mortgage Sellers Technology

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). When announcing the proposed rule, Vice President Kamala Harris weighed in.

Valuation

Valuation Appraisal Government Real Estate

Reevaluating your origination tools? Here’s where to start

Housing Wire

AUGUST 30, 2022

This has led many lenders to feel overwhelmed by options and lack understanding of how, when and where to best implement new technology. Many of these goals lead to adding technologies that can both speed up cycle times and drive down costs. Looking Inward. Predictably, this changes the risk profile of the overall book of business.

Tools

Tools Lending Technology Valuation

From Forms to Reports: A Look at the UAD Overhaul

Appraisal Buzz

APRIL 15, 2024

Using the form structure, GSEs have been ingesting these eclectic abbreviations to develop a large database of residential valuation. Lenders, Lender Technology Providers, Appraisal Management Companies (AMCs), Appraisal Software Providers, and Appraisers will need to devote time and resources to this evolution.

Appraisal

Appraisal Design Lending Technology

How to reduce appraisal turn times and improve the borrower experience

Housing Wire

JUNE 9, 2021

As the appraisal industry struggles to meet demand, Voxtur has developed a solution to streamline the process. When supported by the right technology, appraisers can substantially reduce their turn times and improve customer service. At Voxtur, we are focused on solving legacy industry issues with technology.

Appraisal

Appraisal Property Taxes Technology Valuation

Mid America Mortgage rebrands to Click n’ Close

Housing Wire

JUNE 24, 2022

Texas lender Mid America Mortgage rebranded as Click n’ Close to expand into the mortgage technology industry following the sale of the majority of its retail lending operations. Click n’ Close will retain retail operations related to its reverse mortgage and lending business for Native Americans, the company said Monday.

Mortgage

Mortgage Retail Technology Lending

Lenders see appraisal modernization as a top priority

Housing Wire

MAY 24, 2022

Out of 200 senior mortgage executives surveyed, who represent 188 lending institutions, 94% think that appraisal modernization efforts will simplify the origination process. The desire to invest in appraisal modernization came in third place, with 29% of lending institutions reporting that this was a top-of-mind investment.

Modernization

Modernization Appraisal Lending Investing

Figure partners with Sagent for mortgage servicing blockchain

Housing Wire

AUGUST 10, 2021

Fintech lender Figure Technologies is going full force in to the mortgage lending – and now servicing – blockchain revolution. Just one week after its announcement that it would merge with lender Homebridge Financial Services , the company revealed a partnership with loan servicing software developer Sagent. billion valuation.

Mortgage

Mortgage Technology Investors Development

Narrow Gauge Capital acquires Inco-Check

Housing Wire

MAY 17, 2022

With NGC’s acquisition of Inco-Check, the company aims to enhance loan quality and prevent fraud in a competitive mortgage and consumer lending market, Inco-Check said. Boston, Massachusetts-based NGC, founded in 2015, is focused on making investments in health care services, financial services technology, distribution and logistics sectors.

Logistics

Logistics Legal Investors Technology

Clear Capital’s loan servicing solution helps servicers evaluate and mitigate risk

Housing Wire

JANUARY 31, 2021

Clear Capital’s suite of field valuations, real estate analytics, and platform technology solutions help servicers prevent fraud, check the accuracy of completed appraisals and broker price opinions (BPOs), conduct portfolio valuation analysis and updates, and help with disposition analysis on distressed loans.

Valuation

Valuation Technology Development Real Estate

Jeffrey Naimon to speak at HW Annual Sept. 27-28

Housing Wire

SEPTEMBER 21, 2021

HW Annual will focus on All Things Housing, bringing together professionals from real estate, closing, valuations and mortgage to tackle some of the most important topics in the industry, with experts and practitioners to give you the information you can’t get anywhere else. Find out all the details here.

Valuation

Valuation Technology Lending Real Estate

CFPB wants lenders to disclose reason for denial of credit

Housing Wire

MAY 27, 2022

The CFPB issued a statement to warn creditors that technology being “too complicated” is not an excuse for noncompliance. In his own statement Thursday, Chopra said companies have “legal responsibilities when they let a black-box model make lending decisions.”.

Law

Law Legal Valuation Government

PAVE Task Force Releases Recommendations to Promote Valuation Equity

McKissock

MARCH 24, 2022

On March 23, 2022, the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE) released a report entitled “Action Plan to Advance Property Appraisal and Valuation Equity.” Pages 5 and 6 of the report set forth 21 recommendations, termed “Agency Actions to Advance Valuation Equity.” Stay tuned.

Valuation

Valuation Property Appraisal Training Appraisal

Staying Relevant in the Appraisal Industry

Appraisal Buzz

JUNE 27, 2022

Class Valuation, McKissock, and DataMaster are hosting a Free webinar on “ Staying Relevant in the Appraisal Industry ” June 28th at 2 pm with Mel Black, Matt Simmons, Jared Preisler, and Lamar Ellis. Lamar: I have over 30 years of real estate valuation experience and hold the Appraisal Institute designations of MAI and SRA.

Appraisal

Appraisal Inspection Valuation Real Estate

Introducing the 2023 Women of Influence!

Housing Wire

AUGUST 1, 2023

Their collective expertise spans the entire spectrum of the sector, encompassing areas such as lending, tech, real estate, appraisal, compliance, operations, sales and so much more. The following list of honorees comprises many more examples of exceptional leadership from some of the industry’s most accomplished women.

Real Estate

Real Estate Realty Lending Mortgage

Opinion: What the ICE-Black Knight merger means

Housing Wire

AUGUST 7, 2023

Real estate still relies on a “system” unable to integrate production across the silos of media, brokerage, lending, insurance and trading. Technology and the trust model Real estate is too vital to our economy to be so financially concentrated and functionally outdated.

Real Estate

Real Estate Supply Chain Architecture Brokerage

United Wholesale Mortgage makes public debut

Housing Wire

JANUARY 22, 2021

HW Media CEO Clayton Collins and Scott Happ, president of Secondary Marketing Technologies at Black Knight, discuss Black Knight’s acquisition of Optimal Blue and what the industry can expect from the company’s new Secondary Marketing Technologies division. Presented by: Black Knight.

Mortgage

Mortgage Technology Investors Business

The looming non-QM commoditization question

Housing Wire

JUNE 2, 2022

The question was on the minds of many at the Waldorf Astoria in Dana Point, California on Thursday – will non-qualified mortgage products become more commoditized as the rising rate environment wallops agency lending? Taylor Stork, chief operating officer at Developer’s Mortgage Company , agrees. It’s not subprime lending.

Lending

Lending Investors Mortgage Clients

Quality Control and Quality Assurance Programs

Appraisal Buzz

JULY 11, 2022

Part one of this series on the subject of Appraisal Review provided an overview of the risk management concepts used by many lenders today to manage risk associated with real estate lending. But any expectation that such a robust tool can be developed and utilized effectively is neither feasible nor plausible.

Tools

Tools Appraisal Development Real Estate

2020 Banking and Construction Lending Trends for Minnesota

Simonson Real Estate

AUGUST 24, 2020

It was here that I had the opportunity to moderate the Banking and Construction Lending Update discussion with Patricia Gnetz of U.S. Based on lender interviews and market reports, appetite for lending on each of the property types generally falls into in the following ranking (in order of best to worst). We had a great discussion!

Lending

Lending Construction Tenants Real Estate

Member Spotlight: John Brenan

Housing Wire

FEBRUARY 18, 2022

This week’s HW+ member spotlight features John Brenan, vice president of Valuation Policy and chief appraiser at Clear Capital. At Clear Capital, Brenan oversees the quality of the company’s appraisal and valuation products and implements changes to continually evolve the program. .

Training

Training Valuation Appraisal Real Estate

Dave Vermillion to speak at Spring Summit March 4

Housing Wire

FEBRUARY 5, 2021

He and his team have trained over 1 million lending professionals and worked with over 600 financial organizations and their operations teams in improving customer experience, streamlining processes and strengthening company culture. Vermillion is a trainer, speaker, consultant, author, consumer advocate, and philanthropist.

Training

Training Technology Real Estate Valuation

UWM rolls out “game-changing” mobile app for brokers

Housing Wire

SEPTEMBER 25, 2020

billion valuation, CEO Mat Ishbia today unveiled a new tech tool that he claims will bring “game-changing flexibility” to brokers. In an interview with HousingWire, Ishbia said the product has been in development for about a year. It was tested by a few select brokers in recent months.

Tools

Tools Clients Lending Valuation

Reggora’s appraisal platform provides automatic status updates to all stakeholders to increase transparency

Housing Wire

MAY 2, 2021

Appraisal is one of the most time-consuming and inefficient parts of the lending process,” said Brian Zitin, co-founder of Reggora. “In The technology enhances efficiency, resulting in faster turn times and a better experience for everyone involved. Brian Zitin, Co-Founder and CEO. Kevin Flynn, Vice President, Product.

Appraisal

Appraisal Appraisal Process Valuation Loan Officers

Join Incenter and Clearbox: Let’s Grow Together

Appraisal Buzz

AUGUST 15, 2022

Mark: I have 13 years in the AMC industry working with mid-sized and large mortgage lenders performing operations, vendor management, and business development at the C-Level. Mark: Incenter’s growth in the lending world includes some of the largest military-based and non-bank lenders in the country. We put appraisers in control!

Valuation

Valuation Appraisal Inspection Modernization

Blend is now worth $4.6B. Now what?

Housing Wire

JULY 19, 2021

Shares closed trading at $20.90, giving Blend a valuation of around $4.6 The IPO gives the cloud-based software company the ammunition to grow market share , develop new products and dive deeper into various sectors within fintech, including consumer banking and auto. “So, the roadshow was very, very well received.”

Insurance

Insurance Investors Technology Real Estate Agent

Blend reaches unicorn status with $75 million Series F raise

Housing Wire

AUGUST 12, 2020

Blend announced Wednesday it has raised a $75 million Series F round at a valuation of nearly $1.7 This morning, Blend President Tim Mayopoulos (and former CEO of Fannie Mae ) told me that Blend didn’t necessarily “need” the funding but saw the value in accelerating its product development plans. Stay tuned for updates.

Investing

Investing Loan Officers Technology Development

Ginnie Mae rule is the ‘elephant in the room’ for the MSR market

Housing Wire

NOVEMBER 17, 2022

But, to date, it’s not been altered,” said Michael Carnes, managing director of the MSR Valuation Group at the Mortgage Industry Advisory Corporation (MIAC). . “That’s the ‘elephant in the room’ right now. Obviously, it’s been delayed. ” Executives refute this explanation.

Marketing

Marketing Lending Mortgage Valuation

These mortgage lenders have cut jobs in 2022

Housing Wire

JUNE 6, 2022

Wells Fargo , one of the nation’s largest banks, had at least 114 layoffs in its home lending business following a drop in revenue in that division in the first quarter of 2022. Wells Fargo: at least 114 employees in home lending. The bank’s revenues in the home lending business totaled $1.5 loanDepot: Unknown.

Mortgage

Mortgage Loan Officers Lending Human Resources

Are remote appraisals here to stay?

Housing Wire

SEPTEMBER 23, 2021

But in the face of the ongoing epidemic and increasing volume impacting turn times, the industry will need to use technology to remediate these issues. RemoteVal by Incenter is a new class of technology that replicates the process an appraiser already performs. This technology is made to empower appraisers – not replace them. “We

Appraisal

Appraisal Inspection Technology Tools

Property rental data now in ClearProp

Clear Capital

JUNE 14, 2022

We’re excited to announce that property rental data is now available in ClearProp , the lending-grade, industry-leading valuation tool. You can experience at no cost*, ClearProp’s deep rental property and interactive valuation data by registering at portal.clearcapital.com. ClearProp enables data-rich property research .

Valuation

Valuation Valuation Review HOA Tools

Clear Capital celebrates 20th anniversary, steady year of growth with more than 350 new hires, 170 open jobs

Clear Capital

OCTOBER 27, 2021

National real estate valuation technology company well-positioned to experience continued growth in 2021. October 26, 2021 — Clear Capital, a national real estate valuation technology company, today announced it has hired more than 350 people so far in 2021, with 170 jobs currently open and accepting applications.

Valuation

Valuation Real Estate Technology Tools

Total Home Valuex from CoreLogic leverages machine learning to simplify and standardize valuation

Housing Wire

MAY 2, 2021

One of the first steps in determining a property’s value is the use of an Automated Valuation Model (AVM). Total Home Value x (THV x ) from CoreLogic is a state-of-the-art AVM built to simplify and standardize valuation through the loan lifecycle. With that said, not every AVM is created equal.

Valuation

Valuation Home Value Lending Technology

Choosing the Right Appraiser: A Guide for Agents, Attorneys, Accountants, and Homeowners

Birmingham Appraisal

AUGUST 2, 2023

Whether you’re a homeowner looking to make improvements, an agent who needs a pre-listing appraisal, or an attorney or accountant who requires a certified appraisal, a well-qualified and experienced appraiser is essential for accurate property valuation.

Appraisal

Appraisal Agents Valuation Real Estate

Financial services firm Consolidated Analytics acquires Real Info

How data and technology can combat appraisal bias

Trending Sources

The appraiser can’t be replaced by technology – Here’s why

Modernizing Appraisals: Collaborative Valuation

Announcing the 2023 HW Insiders!

Figure and Apollo complete ownership transfer via blockchain

ServiceLink offers brokers constant communication and transparency into valuation and closing

Operational efficiency is primary motivation for lenders to adopt AI: Fannie Mae

People Movers: FundingShield, North American Title Company, Valligent Technologies, Garris Horn and Azimuth GRC

Nationwide Appraisal Network’s valuation solutions allow lenders to select appraisers based on performance

Stepping up the fight against fraud in mortgage lending

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

Reevaluating your origination tools? Here’s where to start

From Forms to Reports: A Look at the UAD Overhaul

How to reduce appraisal turn times and improve the borrower experience

Mid America Mortgage rebrands to Click n’ Close

Lenders see appraisal modernization as a top priority

Figure partners with Sagent for mortgage servicing blockchain

Narrow Gauge Capital acquires Inco-Check

Clear Capital’s loan servicing solution helps servicers evaluate and mitigate risk

Jeffrey Naimon to speak at HW Annual Sept. 27-28

CFPB wants lenders to disclose reason for denial of credit

PAVE Task Force Releases Recommendations to Promote Valuation Equity

Staying Relevant in the Appraisal Industry

Introducing the 2023 Women of Influence!

Opinion: What the ICE-Black Knight merger means

United Wholesale Mortgage makes public debut

The looming non-QM commoditization question

Quality Control and Quality Assurance Programs

2020 Banking and Construction Lending Trends for Minnesota

Member Spotlight: John Brenan

Dave Vermillion to speak at Spring Summit March 4

UWM rolls out “game-changing” mobile app for brokers

Reggora’s appraisal platform provides automatic status updates to all stakeholders to increase transparency

Join Incenter and Clearbox: Let’s Grow Together

Blend is now worth $4.6B. Now what?

Blend reaches unicorn status with $75 million Series F raise

Ginnie Mae rule is the ‘elephant in the room’ for the MSR market

These mortgage lenders have cut jobs in 2022

Are remote appraisals here to stay?

Property rental data now in ClearProp

Clear Capital celebrates 20th anniversary, steady year of growth with more than 350 new hires, 170 open jobs

Total Home Valuex from CoreLogic leverages machine learning to simplify and standardize valuation

Choosing the Right Appraiser: A Guide for Agents, Attorneys, Accountants, and Homeowners

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