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Clear Capital launches APIs to make adopting modern valuations solutions easier 

Housing Wire

Real estate valuation technology company Clear Capital rolled out two application programming interfaces (APIs) that aim to make adopting and deploying modern valuation solutions easier, ultimately closing loans faster. The post Clear Capital launches APIs to make adopting modern valuations solutions easier appeared first on HousingWire.

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The purchase market is an opportunity for the title industry

Housing Wire

Prognosticators are already suggesting the mortgage market has recently “peaked.” If the past two decades are any indication, the impending purchase-dominated market will bring discussion of softening margins and higher expenses. There are any number of great solutions coming into the title market or already here.

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Clear Capital will lay off 27% of its workforce

Housing Wire

due to the slowdown in the housing market, according to the firm. Established in 2001, the Nevada-headquartered company delivers solutions to modernize the appraisal process, which may take days to weeks to complete, or even longer during booming markets.

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Nonbank lender job cuts could shorten the market downturn

Housing Wire

The current market downturn for mortgage lenders may be shorter than the previous cycles, mainly due to the recent rounds of workforce layoffs imposed by nonbanks. Nonbanks have more than 60% market share of mortgage industry production — and they are more likely than banks to move quickly to reduce capacity.

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Clear Capital cuts 24% of its workforce in restructuring

Housing Wire

The firm announced on Wednesday that it was eliminating about 24% of its workforce, or over 250 jobs, as it restructures departments and consolidates teams amid a tough housing market. The firm reduced its workforce by about 27%, or about 350 positions, in October following a slowdown in the housing market.

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The Supply Chain Reaction – Interview with Greg Stephens

Appraisal Buzz

Supply chains involving market supply and demand for the commodities produced by the home builders, local, state, and federal regulations impact the supply chain process. Where demand is out-pacing supply, it creates a supply chain imbalance, which is more commonly referred to as market supply/demand imbalance.

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A look behind this year’s Tech100 winners

Housing Wire

LLR is not a newcomer to mortgage technology or the overall fintech market. As operators in an industry that ebbs and flows on economic conditions, demographics trends and, dare I say, the current mood of the Federal Reserve, these technology innovators are bringing efficiency and elasticity to the market. In 2016 LLR led a $26.5