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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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Opinion: The time is right for origination modernization

Housing Wire

The industry is buzzing with conversations around appraisal modernization — for good reason. Appraisal modernization reduces origination cycle time, bolsters appraiser capacity and helps lenders deliver a more seamless and transparent borrower experience. Here’s a quick rundown of how this modernization can support your success.

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In the race to modernize title, firms double down on software

Housing Wire

If you’re a customer, what ends up happening is that your lender asks you for your name and social, and then the real estate asks you for it and then the title company does it and this keeps going, and it drives people crazy,” Baker explained. “So Buying a home is an incredibly chaotic, terrible process,” Baker said. “A

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Opinion: More can be done to shorten the average time to close

Housing Wire

Unfortunately, those ads don’t talk much about the next month or six weeks, the period real estate professionals call the “settlement process.” More than a few real estate agents will roll their eyes and sigh when asked by a client, upon the signing of a sales contract, “What’s next?”

HOA 403
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Opinion: More should be done to shorten the average time to close

Housing Wire

Unfortunately, those ads don’t talk much about the next month or six weeks, the period real estate professionals call the “settlement process.” More than a few real estate agents will roll their eyes and sigh when asked by a client, upon the signing of a sales contract, “What’s next?” in question.

HOA 390
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Nexus Origination features a native mobile experience for originators and borrowers

Housing Wire

The platform’s mobile-first approach enables lenders to close more loans through on-the-go origination tools while also delivering the modern convenience that today’s consumers have come to expect. After downloading the mobile app, borrowers can upload documents, eSign disclosures and closing documents, and check their status in real-time.

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Appraisal modernization FAQs for lenders

Clear Capital

Adopting an appraisal modernization workflow can create cost and time savings for lenders and their borrowers. With the announcement of the new Uniform Property Dataset, it’s never been easier for lenders to adopt appraisal modernization programs. Clear Capital employs licensed real estate agents to perform property data collections.