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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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Modern House Flipping Software: 8 Innovative Tools You Need

Listing Spark

By regularly assessing the digital (and analog) processes you use and considering the benefits new tools have to offer, you can strengthen your operations and remove costly inefficiencies. Consider the following three ways that modern house-flipping software can help both beginner and experienced flippers.

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SingleSource’s new app to support to Fannie Mae’s Value Acceptance + Property Data program

Housing Wire

With these tools, lenders are poised to see “shorter loan cycle times, lower consumer costs, and an improved borrower experience,” the company said in a statement. Fannie Mae’s program, which began earlier this year, is part of its ongoing efforts to modernize the valuation component of the mortgage industry.

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Modern FSBO Listing Services: Innovative Tools You Can Use

Listing Spark

In modern practices, there are plenty of online tools homeowners can use to navigate the market, negotiate deals, and successfully sell their homes without hiring a real estate agent. Then, see how innovative tools and services can help you manage the project based on your preferred timeline and budget. How is it helping?

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United Wholesale Mortgage’s Blink+ tool includes an LOS, POS and CRM all in one package

Housing Wire

By writing and maintaining all of the code along with investing heavily in putting together a world class modern IT infrastructure that efficiently leverages a mix of modern technologies like the public cloud and API based software architectures, UWM has been able to turn on a dime and stay well ahead of shifts in the market utilizing technology.

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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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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. To start modernizing appraisal at your company, get in touch with us.