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Lender Toolkit and Reggora partner to streamline mortgage underwriting

Housing Wire

Automated mortgage technology provider Lender Toolkit announced this week that it has integrated with Reggora , an appraisal management software company that focuses on modernizing residential real estate valuations for mortgage lenders. That savings can be passed on to borrowers.”

Mortgage 367
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Sun West unveils NFT loan powered by AI technology

Housing Wire

Loan originator and servicer Sun West Mortgage Co. has unveiled the latest version of its proprietary artificial-intelligence (AI) platform, called Morgan, which enables the lender to convert pre-approved, property-specific home loans into tradable non-fungible tokens (NFTs).

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When & How do Appraiser’s Adjust for Age?

Cleveland Appraisal Blog

Last week, a real estate agent asked me about how appraisers adjust for age. 80% of Home Price Appreciation Since 1990 Was Due To Falling Mortgage Interest Rates? – Real Estate Decoded. Birmingham Real Estate: 2019 vs 2020 – Birmingham Appraisal Blog. How About Loan Conditions?

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With little competition, homebuilders are feeling better

Housing Wire

Despite the volatile mortgage rate environment and overall economic uncertainty, homebuilder confidence slowly continues to rise, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) report, released Wednesday.

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Builders continue to get a boost from low inventory

Housing Wire

Builders note that additional declines in mortgage rates, to below 6%, will price-in further demand for housing. In addition, 33% of builder expect to experience or have already experienced AD&C loan tightening from regional banking partners.

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