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Online service offers real estate aid to divorcing couples 

Housing Wire

“The traditional ‘sell’ or ‘refinance’ mandates almost never align with the modern realities of today’s real estate market, or the family’s best interests.” On the platform, homeowners fill in information about their home, such as the estimated value and sale price, remaining mortgage debt, and their post-divorce goals.

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Why appraisal modernization alone is not enough

Housing Wire

Appraisal modernization is generating a lot of buzz in the real estate lending industry. Most would agree (me included) that the appraisal process is long overdue for modernization — a 2022 Fannie Mae survey showed 94% of lenders are in favor of appraisal modernization.

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Clear Capital launches UDC to support appraisal modernization

Housing Wire

Real estate valuation technology provider Clear Capital on Thursday launched Universal Data Collection (UDC), a product designed to support appraisal modernization. The UDC product provides lenders with tools for scalability, interchangeability and loan management, according to a statement.

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The opportunity cost of modern-day redlining

Housing Wire

Modern-day redlining persists, and it’s costing lenders millions in legal fees. Forecasts in the industry predict that most mortgage growth over the next several years will come from MMCTs and BIPOC communities. The future of the mortgage industry is increasingly diverse. More recently, Patriot Bank paid $1.9

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Clear Capital’s Kenon Chen on appraisal modernization

Housing Wire

Editor in Chief Sarah Wheeler sat down with Kenon Chen, executive vice president of strategy and growth at Clear Capital , to talk about appraisal modernization and how technology is just part of the solution. SW: Is the end goal of appraisal modernization to replace appraisers? Then we discovered CubiCasa and it actually worked.

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Opinion: The time is right for origination modernization

Housing Wire

The industry is buzzing with conversations around appraisal modernization — for good reason. Appraisal modernization reduces origination cycle time, bolsters appraiser capacity and helps lenders deliver a more seamless and transparent borrower experience. Here’s a quick rundown of how this modernization can support your success.

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14 real estate trends Gen Z buyers are looking for

Housing Wire

Here are 14 real estate trends Gen Z buyers won’t pass up. They need more affordable housing Even though Gen Z buyers are mentally ready to become homeowners, the financial challenges associated with buying a home are real. They prize move-in ready homes that can be updated with fresh paint, new flooring and modern fixtures.