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Clear Capital launches APIs to make adopting modern valuations solutions easierĀ 

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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Clear Capital will lay off 27% of its workforce

Housing Wire

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. Real estate valuation technology company Clear Capital will cut 27% of its workforce across its offices in the U.S.

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Clear Capital cuts 24% of its workforce in restructuring

Housing Wire

We’ve been very involved in appraisal modernization [and] investment over the past five years,ā€ Kenon Chen, EVP of corporate strategy at Clear Capital, said. ā€œWe’re We’ve been a company that’s been investing very heavily in bringing data analytics and technology into the valuation space.

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The purchase market is an opportunity for the title industry

Housing Wire

To be candid, it seems weā€™ve been in an almost continuous refinance cycle since 2001, with only one, albeit powerful, default counter cycle to break up that period. Having a modern, streamlined process makes a potential lending clientā€™s decision much easier. They want redundancies and policies that ensure compliance.

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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 ā€” 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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The Supply Chain Reaction ā€“ Interview with Greg Stephens

Appraisal Buzz

Greg: : Unfortunately, there are no short-term solutions in the crystal ball, especially as we continue to recover from the most impactful world-wide event in modern history. Buzz: Can we have your background in the industry? Buzz: What factors determine these shortages and how can we move past them? .

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A look behind this yearā€™s Tech100 winners

Housing Wire

According to the National Association of Realtors , in 2020, some 87% of homebuyers purchased their home through a real estate agent or broker, and that number has steadily increased each year since 2001. For sellers, they offer HomeSwap which is a modern-day bridge loan so consumers can buy a home without selling their other home first.