Housing Wire

FEBRUARY 7, 2023

Acquisitive lender Guild Mortgage on Tuesday announced the acquisition of Legacy Mortgage , increasing its footprint in the Southwest. The lender originated approximately $309 million in mortgages in 2022, according to data from mortgage technology platform Modex. Terms of the deal were not disclosed.

Retail 382

Retail Mortgage Loan Officers Technology 382

Housing Wire

MAY 24, 2022

A Fannie Mae survey published in mid-May found that mortgage lenders see value in appraisal modernization, specifically in the implementation of non-traditional appraisals and inspection-based appraisal waivers. Currently, the appraisal process is the biggest issue facing the mortgage industry,” the mid-sized lender said. “It

Modernization 477

Modernization Appraisal Lending Investing 477

Housing Wire

AUGUST 22, 2023

The Mortgage Bankers Association (MBA) and the Consumer Bankers Association (CBA) sent a letter to regulators on Monday warning of the “unintended consequences” of new quality control standards for automated valuation models (AVMs). ” Another trade group weighed in on the newly proposed rule.

Valuation 370

Valuation Appraisal Government Real Estate 370

Housing Wire

MARCH 17, 2022

Figure , a blockchain-focused financial service company and Apollo , a global alternative asset manager, announced today completing a transaction involving the origination of digital mortgage loans and transfer of ownership via blockchain technology, according to a press release shared with FinLedger.

Technology 456

Technology Landlords Valuation Lending 456

Housing Wire

MAY 17, 2022

Private equity firm Narrow Gauge Capital (NGC) acquired Inco-Check, LLC , a provider of quality control audit mortgage software and fraud prevention services. With NGC’s acquisition of Inco-Check, the company aims to enhance loan quality and prevent fraud in a competitive mortgage and consumer lending market, Inco-Check said.

Logistics 349

Logistics Legal Investors Technology 349

Housing Wire

NOVEMBER 3, 2020

The mortgage industry is no stranger to disruption since the onset of the COVID-19 pandemic. Amid evolving market conditions, today’s mortgage lenders continue to seek new and innovative ways to leverage advanced automation—the great accelerator. Support strategic decisions with risk management and MSR valuation solutions.

Valuation 388

Valuation Tools Clients Mortgage 388

Housing Wire

DECEMBER 29, 2020

With 2020 finally coming to a close, several companies wrapped up this unprecedented year for housing with some brand-new mortgage tech for 2021. With that aggregation, Optimal Blue said lenders can more efficiently price and originate mortgage products that can be sold on the secondary market.

Mortgage 349

Mortgage Investors Technology Real Estate Agent 349

Housing Wire

JUNE 2, 2022

The question was on the minds of many at the Waldorf Astoria in Dana Point, California on Thursday – will non-qualified mortgage products become more commoditized as the rising rate environment wallops agency lending? of the overall mortgage market. An LO with a client at the closing table. billion, which was just 0.7%

Lending 376

Lending Investors Mortgage Clients 376

Housing Wire

SEPTEMBER 9, 2021

From hybrid appraisals to virtual showings to RON/RIN, the digital mortgage process took center stage over the last year. Why should the mortgage process be any different? Lenders that may have been holding out on embracing automation and technology were forced to adapt at breakneck speed to continue to serve customers.

Mortgage 410

Mortgage Technology Inspection Appraisal 410

Appraiserblogs

OCTOBER 16, 2023

At the heart of Fannie Mae’s valuation system is a tool that shunts a subset of the millions of loans purchased by the mortgage giant each year into a “high risk” pool. We the people need to redirect the mortgage lending direction. A lot of appraisers feel that way.… We the People.

Valuation 144

Valuation Appraisal Tools Lending 144

Housing Wire

AUGUST 17, 2022

Struggling digital mortgage lender Better.com is teaming up with secretive big data firm Palantir to create a proprietary loan platform that is says will enable Fannie Mae , Freddie Mac and mortgage investors to make “richer and deeper data-driven mortgage capital allocation decisions.”.

Investors 414

Investors Brokerage Valuation Mortgage 414

Housing Wire

SEPTEMBER 25, 2020

Just days after announcing that United Wholesale Mortgage would be going public in the fourth quarter at a $16.1 billion valuation, CEO Mat Ishbia today unveiled a new tech tool that he claims will bring “game-changing flexibility” to brokers. It was tested by a few select brokers in recent months.

Tools 357

Tools Clients Lending Valuation 357

Appraisal Buzz

JUNE 10, 2021

We specialize in real estate valuations for the mortgage lending and financial services industries. Cultivating the highest levels of customer ethics, we serve as a trusted partner for customers across the mortgage and lending industries. RENO, Nev. — Clario Appraisal Network, Inc.,

Appraisal 370

Appraisal Valuation Training Real Estate 370

Housing Wire

APRIL 20, 2021

This general alignment matters a great deal as the FHFA, through their oversight of the GSEs, who have the vast majority of the market share, plays a key role in the conforming lending market being the de facto regulator. An improperly used axe can injure the user or be damaged through misuse rendering the tool useless.

Technology 393

Technology Appraisal Valuation Lending 393

Housing Wire

AUGUST 26, 2021

Stewart has acquired Informative Research , a mortgage-focused data and analytics tech company based in Houston, the companies announced on Thursday. In acquiring Informative Research, Stewart is buying a company that uses proprietary tech to create workflow automation tools and lead generation insights. And this one’s a big one.

Real Estate 393

Real Estate Valuation Investing Tools 393

Housing Wire

JANUARY 31, 2021

Mortgage servicers are staying busy. Leveraging our own real estate data and analytics to amplify our broker- and appraisal-based valuation services, Clear Capital delivers highly-accurate information with rapid turn-times and a robust quality control process,” said Kenon Chen, EVP of corporate strategy.

Valuation 255

Valuation Technology Development Real Estate 255

Clear Capital

APRIL 1, 2024

Home equity lending is a hot topic, with homeowners boasting near-record amounts of equity. Mordor Intelligence estimates that as of 2024, the home equity lending market size is estimated at nearly $31 billion, and is expected to grow to $36 billion by 2029. What is home equity lending?

Lending 36

Lending Valuation Home Value Design 36

Appraisal Buzz

JULY 11, 2022

Part one of this series on the subject of Appraisal Review provided an overview of the risk management concepts used by many lenders today to manage risk associated with real estate lending. But any expectation that such a robust tool can be developed and utilized effectively is neither feasible nor plausible.

Tools 195

Tools Appraisal Development Real Estate 195

Housing Wire

JULY 19, 2021

Shares closed trading at $20.90, giving Blend a valuation of around $4.6 The independent public offering comes following a banner year for the mortgage industry , in which Blend still lost $75 million on revenue of $96 million. Late last week, Blend sold 20 million shares of Class A stock at $18 apiece, raising $360 million.

Insurance 382

Insurance Investors Technology Real Estate Agent 382

Housing Wire

JANUARY 12, 2023

trillion spike in tappable home equity in the first quarter of 2022 was a stunner, especially as it topped off a 12-month period that saw a 34% collective gain among mortgage holders. Automated inspections and valuations — Technology is improving valuation methods and workflows to make appraisals faster.

Technology 387

Technology Inspection Valuation Tools 387

Housing Wire

OCTOBER 14, 2022

Mortgage professionals are no exception – whether you find yourself tweeting for work or in your free time, you may also want to follow accounts for people and organizations that are relevant to the industry in order to stay up-to-date on the latest news about the housing market. economy and specializes in the housing market.

Housing Market 467

Housing Market Marketing Real Estate Finance 467

Housing Wire

OCTOBER 26, 2020

In times like these, the “one-stop-shop” approach to the servicing and lending process has become even more appealing, and there is a company providing that in a flexible capacity: Xome. As low mortgage rates continue to fuel the housing market, lenders are reporting record-breaking purchase and refinance volumes.

Clients 379

Clients Valuation Technology Inspection 379

Housing Wire

SEPTEMBER 13, 2023

CAPE Analytics has unveiled a new, AI-powered , automated property condition report (aPCR) tool crafted for institutional lenders, whole loan investors, and real estate investors. The common understanding of valuation, inspection and even property value is shifting, as more and more technology-enabled alternatives are emerging.

Tools 390

Tools Valuation Inspection Investors 390

Appraisal Buzz

JUNE 7, 2021

Certain states require AMC staff to receive training to ensure they understand valuation independence regulations as well as other statutory requirements. Josh : I am a compliance and valuation consultant based in Colorado. Can’t make the time? Register to receive the full recording in your inbox as soon as it’s over!

Training 366

Training Reconsideration of Value Valuation Clients 366

Housing Wire

AUGUST 12, 2020

Blend announced Wednesday it has raised a $75 million Series F round at a valuation of nearly $1.7 The mortgage industry has been moving in the direction of being more digital. Virtually every aspect of mortgage lending can be improved through digitization,” Mayopoulos added. Stay tuned for updates. trillion U.S.

Investing 488

Investing Loan Officers Technology Development 488

Housing Wire

JANUARY 30, 2024

The mortgage-servicing rights (MSR) market remains robust as we turn the corner into 2024, and though it is expected to slightly underperform 2023, the market is still projected to notch healthy trading volumes in 2024 — hovering near the $1 trillion mark for the fourth year in a row, market observers forecast.

Marketing 379

Marketing Mortgage Sellers Buyers 379

Housing Wire

JULY 13, 2021

Over the course of the last year, the mortgage industry has seen increases in origination volumes and decreases in released servicing bids. If we’ve learned anything in the past year, it’s that operational flexibility and accurate servicing valuation are key to lending profitability.

Valuation 419

Valuation Tools Technology Lending 419

Clear Capital

JUNE 14, 2022

We’re excited to announce that property rental data is now available in ClearProp , the lending-grade, industry-leading valuation tool. You can experience at no cost*, ClearProp’s deep rental property and interactive valuation data by registering at portal.clearcapital.com. ClearProp enables data-rich property research

Valuation 69

Valuation Valuation Review HOA Tools 69

Cleveland Appraisal Blog

NOVEMBER 3, 2022

Most appraisers are experiencing a significant slowdown in mortgage lending work due to rapidly increasing mortgage rates which are slowing down the housing market. I have seen a slowdown in my lending work also. Half my work is non-lending work, and that’s been a blessing. So what can we do? That’s what I use.

Business 393

Business Appraisal Real Estate Agent Clients 393

Housing Wire

AUGUST 11, 2020

The most abhorrent racist practices, such as redlining, are officially prohibited, yet bias creeps into mortgage lending in myriad ways. One tool I used for a time to level this playing field was seller-funded down payment assistance. This makes it more important than ever to consider how the U.S. It’s a serious challenge.

Government 414

Government Sellers Development Mortgage 414

Birmingham Appraisal

AUGUST 23, 2023

Understanding the Roles: Agents and Appraisers: Real estate agents bring their expertise in marketing and negotiations, while appraisers provide impartial and accurate property valuations. Navigating Complex Properties: In cases of unique or complex properties, agents and appraisers collaborate to ensure accurate valuations.

Agents 82

Agents Appraisal Valuation Appraisal Process 82

McKissock

MARCH 2, 2021

In other words, USPAP doesn’t prohibit a mortgage broker from calling and asking you to develop an appraisal based on a predetermined value, but USPAP does prohibit you from accepting that assignment. Get access to videos like this and hundreds of professional development resources and tools with our Unlimited Learning Membership.

Appraisal 103

Appraisal Contracts Market Value Clients 103

Clear Capital

NOVEMBER 28, 2023

The mortgage industry has seen an increase in loan repurchases throughout 2023, and industry experts fear that the number of loan repurchases may continue to rise. According to HousingWire , independent mortgage banks (IMBs) are heavily affected by loan repurchases, which can be quite costly for lenders.

Valuation 36

Valuation Appraisal Tools Lending 36

Clear Capital

OCTOBER 27, 2021

National real estate valuation technology company well-positioned to experience continued growth in 2021. October 26, 2021 — Clear Capital, a national real estate valuation technology company, today announced it has hired more than 350 people so far in 2021, with 170 jobs currently open and accepting applications.

Valuation 69

Valuation Real Estate Technology Tools 69

Clear Capital

SEPTEMBER 24, 2021

You can access ClearProp’s deep property data and interactive valuation report through an API, in addition to the previously announced ClearProp availability through portal.clearcapital.com. Be it pre-valuation property knowledge, property valuations, or post-valuation review, ClearProp handles due diligence situations with ease.

Valuation 74

Valuation Valuation Review HOA Tools 74

Valuation Review

OCTOBER 27, 2021

Big Purple Dot, provider of an ecosystem of mortgage marketing technologies, has added SMS/MMS video marketing to its all-in-one CRM lead management platform. The new SMS/MMS video tool empowers mortgage professionals to engage and retain customers in today’s highly competitive lending environment.

Marketing 60

Marketing Tools Lending Technology 60

McKissock

SEPTEMBER 21, 2021

Here are five excellent resources offered by McKissock Learning with tips and tools to help you protect your appraisal practice — including a Pro-Series webinar coming up on Wednesday, October 13, 2021. CE course: Avoiding Mortgage Fraud for Appraisers.

Appraisal 80

Appraisal Legal Government Valuation 80