Fri.Feb 05, 2021

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Homebuyers put pets first when shopping for homes

Housing Wire

According to a recent Realtor.com survey , almost 95% of homebuyers consider their pets when purchasing a home. Yes, you read that right. Purchasing your first home is an exciting time. Whether you’re shopping for a fixer-upper or a home with a modern exterior, there’s nothing like finally being able to check the “buy a house” box off your bucket list. .

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Why Career Satisfaction Is So High Among Appraisers

McKissock

Career satisfaction among real estate appraisers is significantly higher than the national average. Why are appraisers generally happy in their careers? Are some appraisers happier than others? Is income satisfaction as high as job satisfaction? Here, we address these questions and give a glimpse into survey data reported in the 2020-2021 Appraisal Income Guide.

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Guaranteed Rate acquires DTC lender Owning Corporation

Housing Wire

Fresh off its acquisition of Stearns , Guaranteed Rate has picked up Owning Corporation , a direct-to-consumer mortgage lender. The acquisition gives Guaranteed Rate, best known for its retail prowess, another engine to boost its growth in the direct-to-consumer channel. Terms of the deal with Orange, California-based Owning were not disclosed. According to Guaranteed Rate, Owning’s direct-to-consumer platform processed over $20 billion in total loan volume in 2020. “We’re actively s

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The Loan Officer’s Guide to Appraisals Part 2:  Lending on Unique Homes

Riverfront Appraisals

Welcome back, friends! This post is part two of a 12-part series we recently launched called The Loan Officer’s Guide to Appraisals. In case you missed part one, go back and read all about the Final Inspection process here. In this blog post, we’re going to give you an appraiser’s perspective on unique homes, and […]. The post The Loan Officer’s Guide to Appraisals Part 2: Lending on Unique Homes appeared first on Riverfront Appraisals.

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ALTA promotes first chief information officer

Housing Wire

The American Land Title Association announced the promotion of Vice President Kelly Romeo to senior vice president and the newly created role of chief information officer. As ALTA’s first CIO, Romeo will provide strategic direction for the association’s information technology, ensuring that all systems necessary to support its operations are in place.

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How Will COVID-19 Impact Real Estate in 2021?

BiggerPockets

What does the real estate world look like 18 months post-coronavirus? Consider these important facts when investing in the times ahead.

More Trending

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Rookie Podcast 50: Rookie Reply: I Have Analysis Paralysis, What Should I Do?

BiggerPockets

Welcome to the first Rookie Reply episode of the Rookie podcast! We’ll be taking questions from Facebook, Instagram, the BiggerPockets forums, and maybe even the Rookie Request Line (Call us […].

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Mortgage Tech Demo Day: ReadyPrice

Housing Wire

ReadyPrice. Rick is a management executive and entrepreneur with a proven track record of leading successful high-growth, start-up companies in real estate finance. He has demonstrated success in developing break-through solutions that deliver powerful results, including the mortgage industry’s first multi-lender proprietary loan search engine and one of the first online mortgage shopping and origination services, which had lead to creating new innovative products and strategic alliances to driv

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People movers: InterLinc Mortgage Services, Invictus Capital Partners, Western Alliance Bank

Housing Wire

Kicking off this week’s string of senior leadership hires, InterLinc Mortgage Services promoted to CEO Gene Thompson, who has served as president since 2010. Thompson replaces James VanSteenhouse, current CEO and company founder, who will transition to the role of chairman of the board. Thompson led the company through its most successful year ever, funding over $2.5 billion in annual production in 2020, with 73% coming from purchase originations.

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Mortgage Tech Demo Day: SourcePoint

Housing Wire

SourcePoint. Loan Setup Digital Employee reduces the time it takes to complete traditional loan setup activity by 75%. It has the capability to classify / index documents accurately with a library of over 600 mortgage documents. It is configured to extract data fields from required documents and update/validate against the loan origination system. Capability to flag missing and incorrect documents to ensure greater success to loan set-up function.

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Mortgage Tech Demo Day: Altisource

Housing Wire

Altisource. Altisource® is a leading and trusted provider of innovative solutions for servicers, originators and investors in the real estate and mortgage industries. They offer HomeVal, a Premium Title and Springhouse® Valuations’ Hybrid solution, providing a full suite of customizable, low cost products delivering precise title search, property photos and valuation data with greater speed and ease.

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Dave Vermillion to speak at Spring Summit March 4

Housing Wire

Mortgage Champions founder and CEO Dave Vermillion will be speaking on a panel covering operational strategies in the current market at HousingWire’s Spring Summit on March 4. Vermillion is a trainer, speaker, consultant, author, consumer advocate, and philanthropist. 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 cultur

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Built Technologies closes $88 million Series C funding round

Housing Wire

Multi-year HousingWire Tech100 winner Built Technologies , a construction finance software and construction payment technology company, closed an $88 million Series C funding round. Built announced it plans to use the funding to expand its Built for Lending product suite, as well as to accelerate its efforts to serve more bank and nonbank lenders in the U.S. and Canada.

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Mortgage Tech Demo Day: Wemlo

Housing Wire

Wemlo. Wemlo SM is an innovative fintech company that is reshaping the mortgage broker channel, combining exceptional third-party mortgage loan processing with intelligent software. Our processing team utilizes our all-in-one digital platform to process loans in an expedited fashion, thereby increasing efficiency and empowering mortgage brokers with more time to grow their business.

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Mortgage Tech Demo Day: ValueLink

Housing Wire

ValueLink. ValueLink Direct is an end-to-end valuation management solution that enables Lenders to consistently deliver faster, accurate and reliable valuations. With a combination of automation, artificial intelligence, mobile technology and powerful reporting and analytics, ValueLink simplifies the valuation process for lenders. Product Fast Facts. #1.

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Mortgage Tech Demo Day: FileInvite

Housing Wire

FileInvite. Manage more loan applications, and close them faster with automated document collection. Customer facing teams spend extensive time following up on missing or incorrect documentation. FileInvite helps borrowers provide brokers and banks with all the information they need to close loans faster. Our intuitive system lets teams and leadership gain visibility over their document pipeline and ensures a seamless client experience.

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Mortgage Tech Demo Day: Reggora

Housing Wire

Reggora. Reggora’s modern platform for mortgage lenders and appraisal vendors provides advanced workflows and integrations to streamline the entire appraisal process, shorten turn times, and upgrade the borrower experience. Lenders benefit from increased transparency, advanced payment processing, instant order allocation, and automated appraisal review and delivery, creating unprecedented operational efficiency.

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Mortgage Tech Demo Day: CreditXpert

Housing Wire

CreditXpert. CreditXpert ® Wayfinder TM and What-If Simulator TM tools are used by mortgage originators to analyze and simulate a borrower’s mid-score potential and the plan on how to achieve it. As a result, lender offers are more competitive – and more consumers qualify for mortgages at a rate they can afford to achieve their dream of home ownership.

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Mortgage Tech Demo Day: BeSmartee

Housing Wire

BeSmartee. BeSmartee delivers a complete digital mortgage experience that goes deeper into the origination process to help lenders convert higher and close faster — making a once-cumbersome experience easy, fast and transparent for lenders and consumers. Product Fast Facts. #1. Go from application to paid appraisal in 15 minutes. #2. Get to a 91% conversion rate. #3.

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Ed DeMarco on Biden’s plans for forbearance

Housing Wire

This HousingWire Daily interview transcription features an interview with Housing Policy Council President and former director of the Federal Housing Finance Agency Ed DeMarco. In this episode, DeMarco talks about the Biden administration’s plans for homeowners coming out of forbearance and its focus moving forward. Listen to the full episode here and make sure to subscribe to the podcast on iTunes.

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Unemployment recovery slows with pandemic uncertainty

Housing Wire

Another month of rising COVID-19 cases left the U.S. unemployment situation virtually unchanged for the third month in a row , dropping just.4% to 6.3% in January, according to the U.S. Labor Department. Total nonfarm payroll employment managed to gain by 49,000 in January, but is still 9.9 million below its February 2020 level. Professional and business services, education sectors and wholesale trade led the overall gains January witnessed.