Housing Wire

FEBRUARY 7, 2023

This integration will enable lenders to finalize closing documents using Snapdocs within Mortgage Cadence’s loan origination system (LOS). Lenders can also use the system to order closing documents and other data. The documents will be encrypted prior to being stored on Mortgage Cadence.

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Mortgage Technology Lending Valuation 326

Housing Wire

AUGUST 2, 2023

Fannie Mae published a new frequently asked questions (FAQ) document related to AIR this week. 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.

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Appraisal Valuation Design Modernization 284

Housing Wire

OCTOBER 4, 2023

Top recommended AI application ideas included compliance, underwriting and property valuation. Among lenders who have not used AI or ML technology, the biggest barriers to adoption in 2023 remained the same as 2018.

Technology 357

Technology Lending Valuation Mortgage 357

Housing Wire

NOVEMBER 8, 2023

Fannie Mae’s program, which began earlier this year, is part of its ongoing efforts to modernize the valuation component of the mortgage industry. In October , Xactus ’s valuation solution, Appraisal Firewall X, also met federal requirements to fulfill Fannie Mae property data collection orders.

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Valuation Inspection Modernization Training 302

Housing Wire

FEBRUARY 21, 2023

It also holds great promise in attracting a new generation of bright, talented appraisers who may have otherwise not given the mortgage valuations industry a second look. Technology makes this possible as it builds new efficiencies. eClose capabilities streamline signing and free notaries to certify more documents in less time.

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Modernization Technology Real Estate Agent Valuation 315

Housing Wire

DECEMBER 27, 2023

In addition, the title firm filed a document with the Securities and Exchange Commission last Friday, stating that it was “working diligently” to restore systems it had taken offline, but could not estimate “the duration or extent of the disruption at this time.”

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Sellers Insurance Valuation Clients 488

Housing Wire

SEPTEMBER 19, 2022

Staircase’s mortgage insurance underwriting tool fully automates the non-delegated underwriting process by pulling documents and data directly from lenders to allow insurers to make instant policy decisions, the firm said. Presented by: Stavvy.

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Insurance Tools Mortgage Valuation 367

Appraisal Buzz

DECEMBER 6, 2021

Instead, tech innovations have started to enter the market with the goal of optimizing the appraisal process by automating key portions of a property’s valuation. A number of them have made strategic acquisitions of related technology platforms over the last few years. In addition, AMCs have been investing heavily in R&D. . .

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Appraisal Appraisal Process Valuation Technology 448

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?

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Modernization Appraisal Valuation Investing 415

Housing Wire

APRIL 20, 2021

Appraisal-management tech provider AppraisalWorks is now available through the ICE Mortgage Technology Platform , the company announced Tuesday. ICE Mortgage Technology, formerly known as Ellie Mae , is a cloud-based loan origination platform provider for the mortgage industry.

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Mortgage Valuation Technology Lending 323

Housing Wire

JULY 31, 2023

Mike Cagney’s Figure Technologies laid off 20% of its staff and plans to take its profitable lending business public next year, Bloomberg reported. billion public valuation for LendCo when it goes public. billion valuation in a venture-backed funding round in 2021. Cagney expects to land a $2.5

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Lending Valuation Business Technology 305

Appraisal Buzz

APRIL 20, 2022

has launched its new nationwide desktop appraisal data collection service to fully enable the new property valuation method called desktop appraisal endorsed and approved by Fannie Mae and Freddie Mac that started on March 19, 2022. Asteroom Inc.

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Appraisal Inspection Valuation Technology 195

Housing Wire

AUGUST 2, 2022

HousingWire recently spoke with Kosta Ligris, CEO and co-founder of Stavvy, about how the mortgage tech journey has expanded beyond eClosings and is reaching all corners of the mortgage industry, from appraisal and valuation to internal workflows and processes. .

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Mortgage Technology Tools Valuation 321

Clear Capital

JULY 13, 2023

Clear Capital solutions combined with ICE’s API technology ensures fast and accurate collection and submission that is designed to meet Freddie Mac and Fannie Mae data standards for property data reports and property data collections respectively. Clear Capital’s automated status updates keep the lender informed in real-time.

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Modernization Technology Appraisal Mortgage 67

Valuation Review

DECEMBER 8, 2021

Paradatec, a provider of AI-based document classification and data extraction technology for mortgage loan processing, announced Guaranty Home Mortgage Corp. has selected Paradatec’s AI-Cloud for document processing and indexing.

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Mortgage Technology 60

Housing Wire

JUNE 2, 2022

“The way that we like to look at solving that problem is through a click of a button, distributing the loan at an even price to sell that to a cadre of investors,” Al Qureshi, managing partner at Blue Water Financial Technologies , said on Thursday during IMN ‘s third annual Non-QM Forum in California.

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Lending Investors Mortgage Clients 350

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.

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Mortgage Modernization Appraisal Process Loan Conditions 276

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. Technology that had long been available, but never saw the level of adoption the industry would have hoped for, was now in high demand. Technology as the new table stakes.

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Mortgage Technology Inspection Appraisal 388

Housing Wire

MAY 17, 2023

Utilizing automated valuation models instead of full-blown appraisals or title searches in lieu of title policies makes loan production less expensive and more rapid,” according to the report. But concern is growing over the lower-credit lower-income product, the report notes.

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Lending Valuation Mortgage Government 335

Appraisal Buzz

APRIL 19, 2022

3D tour technology reveals a new efficient and accurate way to gather data by launching a national network to collect data to complete desktop appraisals. Appraisal management companies leverage Asteroom’s photography technology and in-person coverage to manage the data collection process in just 24 to 48 hours.

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Appraisal Inspection Real Estate Agent Valuation 195

Valuation Review

SEPTEMBER 27, 2021

a provider of AI-based document classification and data extraction technology for mortgage loan processing, now offers its software in the cloud. automate the processing of loan documents. automate the processing of loan documents. Paradatec, Inc.,

Technology 60

Technology Mortgage 60

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. Register to receive the full recording in your inbox as soon as it’s over! Josh : Yes.

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Training Reconsideration of Value Valuation Clients 366

Valuation Review

SEPTEMBER 8, 2021

LoanLogics recently released a white paper detailing how mortgage industry participants can maximize the relationship between their people, technology, and the mortgage process. The paper describes how combining automation and confidence scoring with human assistance can save 50 percent in document processing costs.

Technology 60

Technology Mortgage 60

Housing Wire

JUNE 22, 2021

AI Score uses our proprietary predictive fraud indices, employing both natural and artificial intelligence as well as machine learning technologies. That’s more than 7 billion recorded documents. And we’re adding more than 5 million new document images—more than 20 billion data elements—each month to the dataset.

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Valuation Clients Retail Appraisal 389

Housing Wire

APRIL 30, 2022

It was during this time that the two were exposed to the shortcomings of the appraisal and valuation process and took the initiative to transform it themselves. While Reggora focuses on the future of appraisal and valuation, the founders understand that the best tech isn’t rushed. “We

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Modernization Appraisal Appraisal Process Valuation 319

Appraisal Buzz

JULY 11, 2022

Expectations and practices in the marketplace have evolved in the past five years to where the lender leverages a combination of technology and in-house expertise to manage appraisal and collateral risk. These processes often occur after the loan decision is made, and care must be taken to not impact a prior lending decision.

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Tools Appraisal Development Real Estate 195

Housing Wire

JANUARY 12, 2021

Compass filed an S-1 document with the SEC, suggesting it would go public through a traditional offering. The document does not indicate how much money Compass plans to raise in a public offering, nor does it disclose price per share on common stock up for sale. billion in venture capital and achieved a valuation of $6.4

Brokerage 356

Brokerage Agents Business Valuation 356

GoForrmz

MARCH 22, 2023

Everything you need to know about starting your transition to mobile forms Making the transition from paper-based documentation to digital data capture can feel daunting. From identifying the specific needs of your business to time-proven ways to implement new technologies with your team, our eBook covers it all.

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Valuation Business Technology Investing 148

Housing Wire

JANUARY 14, 2022

Last Friday, HomeSmart filed an “ S-1 ” with the Securities and Exchange Commission , a document that conveys HomeSmart’s intention to sell company shares to prospective investors and the public. HomeSmart has yet to give itself a valuation or declare how much money it seeks to raise in a public offering.

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Brokerage Agents Real Estate Loan Officers 398

Cleveland Appraisal Blog

JULY 6, 2022

The 2021-2022 edition of USPAP defines a “Personal Inspection” of a property being appraised as follows: “A physical observation performed to assist in identifying relevant property characteristics in a valuation service.” Using this technology is a form of data collection. Technology is changing quickly.

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Inspection Appraisal Technology Clients 369

Housing Wire

MARCH 4, 2021

When accessing Plaid, consumers are given two options on how they can verify their income – by using their employer or payroll provider account, or by uploading payroll documents like paystubs, W2s, and 1099’s. Plaid’s technology enables apps to connect with users’ bank accounts. Its most recent valuation was $5.3

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Finance Valuation Investors Technology 212

Housing Wire

APRIL 16, 2021

Since announcing the MISMO RON certification program last April, we’ve seen significant interest from companies that want to demonstrate that their technology solutions meet the common set of industry standards needed to achieve this designation,” said Seth Appleton, president of MISMO. And borrowers liked the tech.

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Design Technology Mortgage Real Estate 372

Appraisal Buzz

FEBRUARY 7, 2022

The markets perceived no additional risk in transactions where the appraiser signing off on the valuation of the collateral being utilized for a credit decision did not physically inspect the property. There is a long history of technology advances adopted into the appraisal processes. Lenders rely on regulation and policy.

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Appraisal Inspection Development Technology 435

Housing Wire

MARCH 23, 2021

In a pilot program we developed, a technology solution was able to successfully scan a small batch of loans to detect undisclosed property liabilities such as tax liens and child support/alimony payments. There were enough significant findings to make these loans unsalable. There is no reason to repeat the same mistakes again.

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Lending Mortgage Sellers Technology 415

Housing Wire

JANUARY 10, 2023

The most groundbreaking aspect of GSE appraisal modernization that gets overlooked is that there is now a tech-driven data standard for how a home should be documented in support of an appraisal. Automated valuation and underwriting models can and should create efficiency without increasing bias.

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Modernization Finance Appraisal Valuation 357

Housing Wire

JUNE 17, 2021

Not for lack of effort, however, resource restrictions, regulatory burden, and rapidly evolving technology, not to mention pandemic impact, often take precedence. The homebuyer receives the binder in the form of a gift, offering robust maintenance and home valuation tools that are event-driven and informative.

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Clients Real Estate Agent Marketing Real Estate 285

Housing Wire

FEBRUARY 17, 2022

HousingWire recently spoke with Bill Dallas, President of Finance of America Mortgage, to discuss how brokers can leverage technology to accommodate today’s unique homebuyer. Finance of America’s valuation at the debut was expected to be $1.9 Presented by: Finance of America.

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Finance Investing Valuation Mortgage 297