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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. trillion in purchase dollars over the next five years, presenting opportunities lenders can’t afford to miss due to antiquated strategies that fail to account for the changing face of America’s homebuyers. More recently, Patriot Bank paid $1.9

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Why is now the time for lenders to modernize their appraisal processes

Housing Wire

HousingWire recently spoke with Erin Reed, vice president of originations, valuations and operations at ServiceLink about approaching appraisal modernization in an innovative way while addressing logistical challenges along the way. . HousingWire: Why should lenders consider appraisal modernization and how can it benefit borrowers?

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Is the GSE’s “Appraisal Modernization” Really Just Mass Appraisal?

Appraiserblogs

It is presented as part of the GSEs “Appraisal Modernization” initiative, which aims to streamline the mortgage appraisal process. It’s time to grab your popcorn and… The post Is the GSE’s “Appraisal Modernization” Really Just Mass Appraisal? appeared on Appraisers Blogs.

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Tech firm Polly bulks up to help modernize mortgage industry

Housing Wire

Presented by: Mr. Cooper. The post Tech firm Polly bulks up to help modernize mortgage industry appeared first on HousingWire. The home lending industry has a massive opportunity to digitalize to create efficiencies and to deliver a simpler end-to-end user experience that would benefit both borrowers and servicers.

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CRMLS releases REcenterhub dashboard

Housing Wire

The dashboard presents a modernized user interface and offers customization options for both users and associations. “We are confident that fully transitioning to this new dashboard, custom-built by CRMLS, is a major step towards modernizing how users interact with their MLS.

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Appraisal modernization FAQs for lenders

Clear Capital

Adopting an appraisal modernization workflow can create cost and time savings for lenders and their borrowers. With the announcement of the new Uniform Property Dataset, it’s never been easier for lenders to adopt appraisal modernization programs. To start modernizing appraisal at your company, get in touch with us.

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HW Annual to tackle the biggest changes in appraisal

Housing Wire

3-5 is proud to present an appraisal-centered session this year. From modernizing appraisal technology to the government heightening their focus on appraisal bias, there’s no shortage of important and noteworthy topics to unpack in the appraisal space,” Brena Nath, director of HW+ and events, said. That is why HW Annual Oct.

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