Housing Wire

MARCH 10, 2023

Fannie Mae has approved six firms to handle its new valuation initiative, which cuts traditional appraisers out of the process and potentially represents the biggest shift in the valuation space in years. Accurate Group and Black Knight ‘s Collateral Analytics LLC.

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Valuation Inspection Training Appraisal 384

Housing Wire

FEBRUARY 8, 2021

billion valuation later this week. If all goes according to plan, loanDepot would command a valuation of $6.2 At the time, loanDepot was seeking a valuation of between $12 billion and $15 billion, Bloomberg previously reported. The momentum for non-bank lending is here to stay. “The billion to $2.6

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Valuation Retail Lending Real Estate Agent 458

Housing Wire

MAY 17, 2023

Recent home price declines are leading to decreased tappable equity, but there are still opportunities in home equity lending, according to a report published by Home Equity Lending News. And as instant online automated approval and closing continues to elude home equity lending, attention has turned to artificial intelligence.

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Lending Valuation Mortgage Government 384

Housing Wire

JANUARY 23, 2024

a provider of property data and valuation technology solutions. With the acquisition , Consolidated Analytics expands its valuation solutions, offering clients tools — from data and analytics to appraisals — to predict market value and access a more comprehensive selection of collateral assessment products, the company said.

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Valuation Market Value Clients Government 441

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. These entities make many other comments about technology, workforce options, modernization and the need for change.

Technology 397

Technology Appraisal Valuation Lending 397

Appraisal Buzz

DECEMBER 20, 2021

Without accurate collateral valuation, lenders could not properly underwrite new loans. The second approach allowed appraisers to make use of other available technologies to complete their reports. Home Equity lending is another case in point. The post The Coronavirus Home Valuation Test appeared first on Appraisal Buzz.

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Valuation Inspection Appraisal Lending 367

Housing Wire

JUNE 14, 2021

ICE Mortgage Technology will now deploy an “eVault” solution as part of its mortgage closing platform to ensure the secure storage of digital mortgages and notes, it announced late last week. The post ICE, DocMagic team up to offer closing technology appeared first on HousingWire. Digital mortgage platform DocMagic Inc.

Technology 397

Technology Supply Chain Training Valuation 397

Appraisal Buzz

OCTOBER 18, 2021

In a couple of words, it’s collaborative valuation; in a description it’s bringing together a team of professionals to tackle each appraisal report in concert. What is Collaborative Valuation? Bifurcation with non-appraisers is not an answer, in fact it will allow the bad actors on the lending side and AMC side to push harder.

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Modernization Valuation Appraisal Training 370

Housing Wire

NOVEMBER 2, 2020

As a premier provider of innovative, high-performance software, data and analytics for mortgage and home equity lending and servicing, Black Knight is transforming the housing finance industry. Black Knight is a proven mortgage industry leader in servicing technology. Originations. Added Value to Clients.

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Lending Valuation Clients Tools 410

Housing Wire

NOVEMBER 1, 2023

Appraisal technology company Accurate Group announced this week that it has acquired Voxtur Appraisal Services , an appraisal management company (AMC). Voxtur primarily serves real estate finance providers and specializes in broker-price opinions (BPOs), alternative valuation methods and traditional appraisals.

Appraisal 421

Appraisal Valuation Clients Real Estate 421

Housing Wire

AUGUST 7, 2020

Patricia Suazo has joined FundingShield as its vice president of technology operations and integrations. Suazo has over 15 years of leadership experience in the mortgage lending space with firms including Stearns Lending , Bank of America , Carrington Holding Company and CloudVirga.

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Technology Law Lending Legal 358

Housing Wire

JUNE 30, 2021

Regardless of the lenders’ size, ServiceLink’s exclusive EXOS technology, comprehensive industry experience, and stability help lenders get to closing quickly while providing a better borrower experience. Our EXOS Title technology offers accelerated title decisioning and a definitive clear-to-close timeline in seconds.

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Valuation Client Relationships Clients Inspection 221

Housing Wire

FEBRUARY 1, 2024

Company Name Company Website Markets Served Company HQ MMI mmi.io/ Loan Origination, Title and Closing Salt Lake City, UT Polly polly.io/ Secondary San Francisco, CA Paradatec paradatec.com/ Servicing, Secondary, Cross Markets and Origination Wilmington, DE Orion Lending orionlending.com/ Loan Origination and Servicing Orange, CA Optimal Blue www2.optimalblue.com/

Mortgage 450

Mortgage Valuation Insurance Appraisal 450

Appraisal Buzz

SEPTEMBER 15, 2021

Boston, September 14, 2021 – Reggora , an appraisal software company, improving residential real estate valuation, announced today that Envoy Mortgage has adopted its appraisal management system to help process all loans requiring an appraisal. By utilizing Regorra’s appraisal technology, Envoy’s turn-times will be faster and more efficient.

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Technology Appraisal Modernization Mortgage 195

Housing Wire

OCTOBER 4, 2023

Lenders that adopt artificial intelligence (AI) or machine learning (ML) into the mortgage lending landscape want to see operational efficiency, Fannie Mae ’s mortgage lender sentiment survey showed. Top recommended AI application ideas included compliance, underwriting and property valuation.

Technology 410

Technology Lending Valuation Mortgage 410

Housing Wire

MAY 2, 2021

Nationwide Appraisal Network (NAN) is an industry-leading appraisal management company providing residential and commercial valuation services in all 50 states. NAN’s valuation solutions give lenders the chance to evaluate, select and manage appraisers based on their quality and performance.

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Valuation Appraisal Appraisal Process Technology 221

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 466

Technology Landlords Valuation Lending 466

Housing Wire

MARCH 23, 2021

As origination volumes hit record highs in 2020, Truework’s verification experts saw a spike in fraud in mortgage lending, and expect that trend to continue this year. Now is the time for lenders to tighten their procedures not only on recruiting and hiring practices, but also lending operations. Data-driven analysis.

Lending 450

Lending Mortgage Sellers Development 450

Housing Wire

SEPTEMBER 1, 2023

Through the development of improved and sophisticated systems, protocols and technology, these operations leaders are driving their companies to growth and success. In its 8th year, the HW Insiders program is spotlighting the talented operations professionals who are laying the foundation of success for their organizations.

Technology 450

Technology Development Real Estate Realty 450

Housing Wire

JULY 31, 2023

Mike Cagney’s Figure Technologies laid off 20% of its staff and plans to take its profitable lending business public next year, Bloomberg reported. Figures’ lending business hit a record $900 million in origination and generated $2.7 billion public valuation for LendCo when it goes public.

Lending 370

Lending Valuation Business Technology 370

Housing Wire

OCTOBER 11, 2023

Name Job Title Company Name Aaron VanTrojen CEO Geneva Financial Home Loans Abbie Tidmore Senior Managing Director and Chief Revenue Officer Pennymac Adam Kessler CEO Academy Mortgage Baron Silverstein President Newrez Ben Madick Co-Founder and CEO Matic Insurance Bernadette Kogler Co-Founder and CEO RiskSpan Bill Rogers Founder and CEO Homeowners (..)

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Realty Real Estate Technology Lending 466

Housing Wire

JUNE 7, 2022

Technology will be the most popular solution, but choosing to implement multi-million-dollar platforms to streamline operations introduces even more complexity before savings are realized. a New Jersey-based technology and mortgage-services organization. The post Are these factors creating chaos in your mortgage lending ops?

Lending 380

Lending Mortgage Technology Modernization 380

Housing Wire

AUGUST 30, 2022

This has led many lenders to feel overwhelmed by options and lack understanding of how, when and where to best implement new technology. Many of these goals lead to adding technologies that can both speed up cycle times and drive down costs. Looking Inward. Predictably, this changes the risk profile of the overall book of business.

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Tools Lending Technology Valuation 410

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.

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Valuation Appraisal Government Real Estate 370

Inman

MAY 2, 2023

Experts participating in BAD INPUT argue technology could expand access to credit, but also perpetuate discriminatory lending unless it is closely overseen.

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Lending Technology Mortgage Valuation 147

Housing Wire

JULY 6, 2023

The Consumer Financial Protection Bureau (CFPB) released its 2022 Fair Lending Annual Report to Congress last week, which illustrates how it took aim last year at redlining and appraisal discrimination in pursuit of its enforcement and supervision, guidance and rulemaking, interagency coordination, and outreach and education missions.

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Lending Technology Law Valuation 384

Housing Wire

FEBRUARY 7, 2023

Digital closing platform Snapdocs announced on Tuesday that it has completed its integration with Mortgage Cadence, a cloud-based digital lending platform. Snapdocs claims that its technology can help to close 40% more loans. Lenders can also use the system to order closing documents and other data.

Mortgage 370

Mortgage Technology Lending Valuation 370

Housing Wire

DECEMBER 1, 2021

eMerge, a company that offers alternative valuation solutions, including broker price opinions (BPOs), will allow Accurate Group to increase its broker network and leverage property inspection technology, the company said. The company claims on its website that the total value of homes it has appraised is over $517 billion since 2010.

Valuation 410

Valuation Technology Inspection Investing 410

Housing Wire

APRIL 20, 2021

Appraisal-management tech provider AppraisalWorks is now available through the ICE Mortgage Technology Platform , the company announced Tuesday. ICE Mortgage Technology, formerly known as Ellie Mae , is a cloud-based loan origination platform provider for the mortgage industry.

Mortgage 397

Mortgage Valuation Technology Lending 397

Housing Wire

JUNE 24, 2022

Texas lender Mid America Mortgage rebranded as Click n’ Close to expand into the mortgage technology industry following the sale of the majority of its retail lending operations. Click n’ Close will retain retail operations related to its reverse mortgage and lending business for Native Americans, the company said Monday.

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Mortgage Retail Technology Lending 396

Housing Wire

AUGUST 3, 2021

The blockchain revolution may soon be coming to mortgage lending. The Mike Cagney-led fintech lender Figure Technologies , most recently valued at $3.2 billion in venture capital , ended created a lending business out of need so it could begin the process of blockchain adoption, Cagney said at the time.

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Mortgage Architecture Lending Technology 508

Housing Wire

JANUARY 20, 2022

Collateral valuation is a critical component of mortgage lending and the home sales process. Mike Fratantoni Chief Economist, Senior Vice President, Research and Industry Technology, MBA. Hosted by Mortgage Capital Trading. Most lenders react, rather than act, to changes in the environment. Download Slides.

Mortgage 421

Mortgage Marketing Valuation Lending 421

Appraisal Buzz

APRIL 15, 2024

Using the form structure, GSEs have been ingesting these eclectic abbreviations to develop a large database of residential valuation. Lenders, Lender Technology Providers, Appraisal Management Companies (AMCs), Appraisal Software Providers, and Appraisers will need to devote time and resources to this evolution.

Appraisal 397

Appraisal Design Lending Development 397

Housing Wire

SEPTEMBER 11, 2020

Schreiner Gates, a technology veteran with more than three decades of experience, joined SimpleNexus’ board of directors in April 2020. Between 2015 and 2019, she served as executive vice president of sales and marketing at cloud-based mortgage technology provider Ellie Mae. billion purchase by private-equity firm Thoma Bravo.

Lending 362

Lending Valuation Technology Clients 362

Housing Wire

MAY 24, 2022

Out of 200 senior mortgage executives surveyed, who represent 188 lending institutions, 94% think that appraisal modernization efforts will simplify the origination process. The desire to invest in appraisal modernization came in third place, with 29% of lending institutions reporting that this was a top-of-mind investment.

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Modernization Appraisal Lending Investing 485

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., About Clario: Clario Appraisal Network, Inc.

Appraisal 370

Appraisal Valuation Training Real Estate 370

Housing Wire

SEPTEMBER 14, 2021

“Entrepreneurial brokers have been driving an increasing share of mortgage lending, and Black Knight is committed to serving that community and further enabling their growth,” Rich Gagliano, president of Black Knight Origination Technologies, said in a statement. “By The mortgage tech space is rapidly becoming a crowded one.

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Technology Design Lending Valuation 374