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How to gain a competitive edge through in-house servicing

Housing Wire

Maintaining MSRs generates servicing fee income and helps servicers improve the customer experience. Well-trained staff using the right mortgage servicing software can service 700 or more loans per employee. Why should lenders retain servicing? In addition to benefiting customers, in-house servicing generates significant revenue.

Investors 305
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How retaining servicing provides a competitive advantage

Housing Wire

Servicing retention generates servicing fee income and helps servicers improve the customer experience. Modern software automates investor reporting and compliance and creates a more efficient workflow, allowing servicers to effectively service loans in-house.

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The Hybrid Appraisal: It’s Cheaper, but Does It Protect Homebuyers?

Realtor

In a traditional appraisal, an appraiser goes to a home and does a thorough walk-through, recording details like square footage, acreage, number of bedrooms and bathrooms, home improvements, and additions. But the hybrid appraisal really took off when the COVID-19 pandemic struck in 2020.

Appraisal 107
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What to Know About Home Renovations in 2023

Lamacchia Realty

According to the Home Builders Institute, an estimated 2.2 million construction workers will need to be hired and fully trained within the next 3 years to meet the projected home renovation demand. These easy and low-cost changes can give an out-of-the-box and modern look to your room. Spruce up those windows.

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Zillow Estimates vs. Appraisals: Why Zillow Shouldn’t Be Used for Appraisals

AmeriMac

One of the great things about modern technology is that we’ve never had more information at our fingertips. You can type in any address you want and in a few quick seconds pull up information about the home, see pictures from recent listings and even find its current value… right? Case in point: real estate.

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Driving Toward Vehicle Charging Capabilities for the Home

Will Springer Realtor

They include the age of the home, electrical panel capacity and distance between panel and car. All fuel-powered forms of transportation – yes, planes, trains and automobiles – contribute about 27% of the country’s greenhouse gas emissions. Consumers are motivated to purchase an EV by a desire to lower their carbon footprint.

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7 Top Tips for a Great Home Appraisal: A Checklist to Prepare Your Property

PennyMac

But first, let’s quickly cover the basics of home appraisals. What Is a Home Appraisal and Why Is It Important? A home appraisal is an unbiased report on the value of your home performed by a trained and state-licensed individual. An appraiser will also evaluate your home's foundation and its condition.