Remove 2001 Remove Loan Officers Remove Modernization
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Nonbank lender job cuts could shorten the market downturn

Housing Wire

According to Cameron, the recent downturn has delivered the biggest and fastest rate increase in modern history — and the sharpest volume and revenue decrease the mortgage business has ever seen. Founded in 2001 as a retail originator, Interfirst Mortgage expanded into wholesale in 2008 and added a correspondent channel in 2011.

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A look behind this year’s Tech100 winners

Housing Wire

Vishal Garg and his dolphins (google it) aim to “radically overhaul the analog mortgage process, which still involves commissioned loan officers, 2,000 pages of paperwork and manual intervention at every step.”. KnockGO (guaranteed offer) fronts the buyer their loan so they can make a cash offer. Consolidation in the industry.

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Clear Capital Announces Clear Capital Product Portal to Streamline Valuation Processes

Clear Capital

For example, time matters when an independent appraisal review is required on a correspondent loan, and speed of service is essential to a great experience for homeowners making a home equity finance decision. Customers can sign up for Product Portal in minutes and begin ordering immediately.

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Clear Capital and ICE Mortgage Technology Expand Partnership to Support Adoption of Modern Appraisal Programs

Clear Capital

Through this integration, Clear Capital will deliver an improved user experience for mortgage lenders and loan officers ordering products that support appraisal modernization, such as Universal Data Collection (UDC ) , Desktop appraisals and Hybrid appraisals.