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How data and technology can combat appraisal bias

Housing Wire

Now, anyone can idly browse real estate listings and find out what homes have sold for and what inventory is available. Tara Dugan, who works in marketing and real estate for Tavant, said that technology should focus on integrations and aggregations. On an industry leader level, that is where we need to be.

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This growing IMB aims to capture leads through its proprietary tech, not agent referrals

Housing Wire

Non-QM ripe for the taking Faced with a lack of inventory across the country, lenders have been exploring ways to create new buyers. Roughly 20% of Cliffco’s production comes from the wholesale channel and 80% of origination volume comes from its retail channel – through which it offers GSE, government loans and non-QM products.

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HW+ Member Spotlight: Arjun Dhingra

Housing Wire

Arjun Dhingra: Technology is not replacing us in the mortgage industry, it is enhancing and empowering us. Those that leverage technology to reach more, do more and provide more value will ultimately outlast the competition. Those that don’t evolve and adapt, will be pushed out because of technology.

Inventory 329
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It’s still really difficult to get a mortgage, but getting easier

Housing Wire

while the Jumbo MCAI measuring high-balance loans rose 2.2%, and the Conventional MCAI that measures loans not backed by the government rose 4.8%. The Government MCAI that includes mortgages backed by the Federal Housing Administration , the Veterans Administration and the U.S. Department of Agriculture fell by.1%, 1%, MBA said.

Mortgage 541
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Refinances make a comeback in July

Housing Wire

Industry stakeholders had argued that the fee was meant to build up the government sponsored entities’ capital levels, while the GSEs performed well during the pandemic. Borrowers reacted strongly to the decline to refinance, said Black Knight’s secondary marketing technologies president, Scott Happ. Fannie Mae posted $7.2

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Home sales are going to nosedive in 2023, Fannie Mae says

Housing Wire

trillion in 2023, according to the government-sponsored enterprise. HousingWire recently sat down with Polly CEO Adam Carmel to discuss how lenders can break old habits and redefine the mortgage process through innovation and modern, advanced technology. The latest forecast also projects total mortgage origination activity at $1.6

Contracts 414
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Opinion: Proptech’s big miss

Housing Wire

If that were the case, the government itself could charge individuals and institutions a usurious amount for loans or for the creation of infrastructure. Three ideas to combat intransigent capital: Assist small builders in rapidly creating more housing units (potentially built offsite) to level prices and boost inventory.