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Wells Fargo Grows With Two New Tech Specialists

Appraisal Buzz

Wells Fargo Senior EVP and Head of Technology Bridget Engle Wells Fargo & Company has announced that Bridget Engle has been named Senior EVP and Head of Technology, reporting to Wells Fargo CEO Charlie Scharf and joining the company’s Operating Committee.

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Solving for fraud, biometrics are the future of mortgage

Housing Wire

Better, faster, cheaper has long been the promise of technology in the mortgage industry. Some may argue whether today’s technology is that much better than the tools we used in the past, particularly in the servicing business where many still use platforms designed and first built decades ago. Tripping over our own technology.

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Compass is Guaranteed Rate’s latest dance partner

Housing Wire

OriginPoint will originate mortgages for clients of Compass’s real estate brokerage, as well as any other brokerage, making loans available to a broad consumer audience,” per the release. Guaranteed Rate and Realogy teamed up for a mortgage origination joint venture when the pair launched Guaranteed Rate Affinity in 2017.

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Modern House Flipping Software: 8 Innovative Tools You Need

Listing Spark

of US home sales in 2017, that number grew to 8.4% However, introducing new technology to your workflow isn’t cutting corners or adding middlemen into the process. Consider the following three ways that modern house-flipping software can help both beginner and experienced flippers. While house flips represented just 5.7%

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A loan officer’s ultimate guide to appraisal modernization

Housing Wire

However, a year after the GSEs announced new appraisal modernization solutions, as they’re more widely adopted, questions arise. A look into GSE appraisal modernization efforts The GSEs have each offered appraisal waivers on eligible loans for several years. The original appraisal waiver solutions were launched in August 2017.

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The growing support for female mortgage executives

Housing Wire

Fercho joined Wells Fargo in 2020 from Flagstar Bank , where she had served as president of the company’s mortgage division since 2017. Prior, she introduced a revolutionary technology portal for wholesale brokers as senior vice president at ARIVE , and served as vice president at Pacific Union Financial.

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Appraisal Risk, Reviews, and Revisions

Appraisal Today

Today, while there still remains some stickiness to the QC revision process, a recent survey completed by The STRATMOR Group commissioned by appraisal management technology company Reggora, indicates 25% of appraisal reports require some form of revision. Which are your best current and former AMC/lender clients? Client Rating Grid.