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Class Valuation’s CIO on solving the appraisal conundrum

Housing Wire

Editor in Chief Sarah Wheeler sat down with Scot Rose , CIO at Class Valuation , to talk about innovation in the appraisal space and how the technology being deployed for appraisal modernization can actually protect appraisers. SW: How do you think about technology and prioritizing what to do next? What’s changing there?

Appraisal 417
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How mortgage tech vendor options benefit lenders

Housing Wire

Adam Carmel: I certainly think there’s been a sort of rally call over the last year or so; there is growing demand for mortgage technology that works for the lender and not against them. It’s technology gridlock. HW: How has this technology gridlock hurt lenders? So, I would say yes, that there has absolutely been a shift.

Mortgage 362
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Digital mortgage startup Maxwell lands $16M in Series B

Housing Wire

Other investors included Rotor Capital , The Mortgage Collaborative Emerging Technology Fund , Prudence Holdings and existing investors including Anthemis Group , Route 66 Ventures , and Sovereign’s Capital. Maxwell claims the loans on the platform close 50% faster than the national average. mortgage market. .

Mortgage 417
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Nonbank lender job cuts could shorten the market downturn

Housing Wire

While it is true that many nonbanks entered this downturn with a large war chest of cash and capital, this is more than offset by the impact of warehouse and investor covenants, which are causing lenders to move expeditiously to cut costs,” Jim Cameron, Stratmor Group ’s senior partner, wrote in a report published this week. “In

Marketing 382
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A look behind this year’s Tech100 winners

Housing Wire

News just broke that private equity investor LLR Partners announced strategic investments in two mortgage technology companies — Mortgage Coach and Sales Boomerang ( click here for article ). LLR is not a newcomer to mortgage technology or the overall fintech market. Hey Clayton …” and a link. In 2016 LLR led a $26.5

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CEO Matt Widdows pushes HomeSmart toward IPO

Housing Wire

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, like Compass , Keller Williams , eXp and other brokerages, states it has unique technology to modernize real estate.

Brokerage 417
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Compass is Guaranteed Rate’s latest dance partner

Housing Wire

OriginPoint has a Chicago address, and it is actively looking for loan officers, according to OriginPoint’s website. Compass has called itself a tech company, Wong noted, and as recently as this May its CEO Robert Reffkin said that Compass’s goal was to modernize an archaic industry. They are pigeonholing themselves.”.

Brokerage 294