article thumbnail

HousingWire August Demo Day: ICE Mortgage Technology™

Housing Wire

AIQ by ICE Mortgage Technology. AIQ by ICE Mortgage Technology , is an omnichannel solution that leverages artificial intelligence that enables lenders, investors, and servicers to automate manual workflows and increase productivity and quality, while reducing risk and boosting ROI. Product Fast Facts. #1. Get More Info.

article thumbnail

First American Mortgage Solutions leverages technology to eliminate compliance issues

Housing Wire

Over the last several years, significant technology trends continue to change the way people interact and work, and collateral valuation is no exception. Leveraging the company’s proprietary technologies – ACI Sky Delivery and ACI Sky Review – helps speed up the process and provides easier access to data for assessing the property.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 Remote Inspection Tools for Desktop Appraisals

Appraisal Buzz

As of mid-March 2022, banks and mortgage lenders can now use desktop appraisals in place of traditional appraisals for qualifying Fannie Mae or Freddie Mac backed mortgages. Thanks to advances in remote appraisal technology, desktops are more convenient and reliable than ever before. Below are five remote inspection tools worth.

article thumbnail

Are borrower-assisted inspections here to stay?

Housing Wire

In most cases the in-person inspections required by GSEs, FHA and VA policies can continue per policy; however, adjustments to policy compliance are often needed to get the loan underwritten. When inspections are safe and feasible, appraisers are wearing personal protective equipment (PPE) such as masks, gloves and shoe coverings.

article thumbnail

Unwrapping what to expect in your home inspection, appraisal and closing

Housing Wire

What’s the difference between a home inspection and an appraisal? Before you get overwhelmed, take comfort that critical milestones of home inspection, appraisal and closing processes are all great ways to get more acquainted with your prospective new home. Home Inspection. Have you budgeted for closing costs?

article thumbnail

ICE unveils two new property valuation solutions

Housing Wire

Intercontinental Exchange (ICE) Mortgage Technology introduced two new tools, Validate ROV and Validate Selector, to its growing suite of property valuation solutions, the company announced on Monday. Regulators are paying close attention to valuations for many valid reasons.

Valuation 342
article thumbnail

How data and technology can combat appraisal bias

Housing Wire

The need to physically inspect each property will be replaced with data or other inspection options in many cases. Tara Dugan, who works in marketing and real estate for Tavant, said that technology should focus on integrations and aggregations. These additional valuation options will lessen the opportunity for appraisal bias.”