Appraisal Buzz

DECEMBER 20, 2021

That changed in March 2020 when the COVID-19 virus struck. Without accurate collateral valuation, lenders could not properly underwrite new loans. The second approach allowed appraisers to make use of other available technologies to complete their reports. The industry was on the cusp of a serious crisis.

Valuation 367

Valuation Inspection Appraisal Lending 367

Housing Wire

MARCH 31, 2021

Eight days after Compass unveiled a hoped-for Wall Street valuation of over $10 billion, the New York City-based residential brokerage has significantly scaled back its ambitions for an initial public offering. However, Compass has lost a significant amount of money each year, posting a $270 million net loss for 2020. That was fast.

Valuation 418

Valuation Brokerage Market Value Business 418

Housing Wire

JANUARY 13, 2025

Mike Rawls “Since taking on the role of CEO in 2020, Mike has skillfully led Xome to become the powerhouse real estate marketplace it is today, with tremendous opportunity for growth as we move into 2025. He currently serves as an executive chairman for servicing technology company Sagent , a role he will maintain after the transition.

Real Estate 370

Real Estate Real Estate Agent Valuation Technology 370

Housing Wire

AUGUST 11, 2023

While the industry as a whole has been adopting new technology , the appraisal process has remained relatively unchanged — right down to the forms used to complete them. The second part of the strategy is to offer a wider variety of valuation options.” Another difficulty with appraisals historically has been appraiser capacity.

Valuation 369

Valuation Modernization Training Appraisal Process 369

Housing Wire

SEPTEMBER 11, 2020

Opendoor , the largest instant home buying platform in the country, could debut on the public market at a $5 billion valuation, according to a new report. Like other iBuyers, Opendoor has experienced a choppy 2020. The post Opendoor could make public debut via reverse merger at $5B valuation appeared first on HousingWire.

Valuation 435

Valuation Brokerage Real Estate Agent Real Estate 435

Housing Wire

OCTOBER 7, 2020

“The opportunity for a new player to come in 10 years ago, and be client-oriented and use technology to replace hierarchical management structures, is exactly the kind of firm lenders want to partner with today. Stone also received October Research’s “Leadership Award” in September 2020.

Real Estate 370

Real Estate Insurance Technology Loan Officers 370

Housing Wire

MAY 14, 2024

The company said it will be using generative artificial intelligence (AI) and machine learning technologies to provide customers with personalized recommendations, credit management solutions, budgeting assistance and loan qualification tools. million in pre-seed funding in 2016.

Tools 468

Tools Technology Valuation Development 468

Housing Wire

MARCH 5, 2021

When the COVID-19 pandemic hit in 2020, the industry’s workforce shrank even further. It has a very uncertain future: will in-person appraisals be the norm, or will technology overtake the process completely or partially? “One company will use hybrid appraisals, another one will use some kind of technology platform. .

Appraisal 459

Appraisal Valuation Training Technology 459

Housing Wire

MARCH 15, 2024

Optimal Blue has brought on Sara Holtz, former vice president of demand marketing and communications at ICE Mortgage Technology , as chief marketing officer (CMO). Holtz’s career includes five years as senior director of internal communications at Ellie Mae , which was acquired by ICE in 2020.

Mortgage 448

Mortgage Technology Valuation Investors 448

Housing Wire

JANUARY 23, 2024

Mike’s passion for leveraging technology to facilitate online property auctions makes him a perfect fit for Xome,” the company said in the post. As a real estate hub, Xome offers services such as asset management, property disposition, title, close and valuation through an integrated, technology-driven platform.

Real Estate 459

Real Estate Technology Valuation Brokerage 459

Housing Wire

APRIL 20, 2021

Appraisal-management tech provider AppraisalWorks is now available through the ICE Mortgage Technology Platform , the company announced Tuesday. ICE Mortgage Technology, formerly known as Ellie Mae , is a cloud-based loan origination platform provider for the mortgage industry.

Mortgage 418

Mortgage Valuation Technology Lending 418

Housing Wire

MARCH 23, 2021

Aqil Ahmed: The year 2020 was an unprecedented one, with the global pandemic and economic uncertainty impacting each of us in one way or another. HW: How and why has appraisal management technology evolved over the past year? AA: The past year saw a rapid evolution in appraisal management technology. HW: What is the No.

Appraisal 417

Appraisal Valuation Inspection Modernization 417

Housing Wire

AUGUST 3, 2021

The Mike Cagney-led fintech lender Figure Technologies , most recently valued at $3.2 According to Inside Mortgage Finance, Homebridge was the 28th-largest mortgage originator in 2020, originating about $26.4 In May, it announced the closure of a $200 million Series D fund raise, giving it a valuation of $3.2

Mortgage 516

Mortgage Architecture Lending Technology 516

Housing Wire

NOVEMBER 3, 2020

As the premier provider of software, data and analytics solutions to the mortgage and capital markets industries, Black Knight further strengthened its position as a market leader with the acquisition of Optimal Blue in September 2020. Support strategic decisions with risk management and MSR valuation solutions.

Valuation 418

Valuation Tools Clients Mortgage 418

Housing Wire

OCTOBER 26, 2020

When it comes to common pain points lenders are seeing in the second half of 2020, handling high loan volumes continues to loom large. Its strong company culture was also recognized in 2019 and 2020 earning a certification as a “Great Place to Work.” Intelligent Technology Solutions.

Clients 397

Clients Valuation Technology Inspection 397

Housing Wire

SEPTEMBER 11, 2020

Schreiner Gates, a technology veteran with more than three decades of experience, joined SimpleNexus’ board of directors in April 2020. Between 2015 and 2019, she served as executive vice president of sales and marketing at cloud-based mortgage technology provider Ellie Mae.

Lending 389

Lending Valuation Technology Clients 389

Housing Wire

MARCH 22, 2021

The survey respondents, of which two-thirds are homeowners and one-third are renters, found that more than half of respondents in 2020 expressed concern about making payments, with a high of 71% reported in November. Tune in April 6 to experience demos from the most innovative loan origination and valuation tech companies in the industry.

Mortgage 545

Mortgage Landlords Tenants Housing Market 545

Appraisal Buzz

NOVEMBER 3, 2021

Joan Trice, Founder and President of the CRN states, “gross living area (GLA) is one of the most important inputs in a valuation report. By endorsing this standard, the CRN is encouraging emerging technologies to develop applications for gross living area calculations in a more uniform protocol. Technology impacts.

Valuation 370

Valuation Development Technology Appraisal 370

Housing Wire

JANUARY 28, 2021

HousingWire’s virtual demo days are designed specifically to help mortgage industry decision makers identify the technology solutions they need to operate efficiently and securely. Tune in February 2nd to experience demos from the most innovative loan origination and valuation tech companies.

Retail 534

Retail Lending Valuation Mortgage 534

Housing Wire

FEBRUARY 3, 2021

Figure Technologies CEO and co-founder Mike Cagney will be speaking on mortgage disruption and the outlook for 2021 at HousingWire’s Spring Summit on March 4. Prior to Figure, Cagney cofounded Social Finance (SoFi). The focus of the Spring Summit is The Year-Round Purchase Market.

Technology 408

Technology Valuation Real Estate Design 408

Housing Wire

JANUARY 3, 2022

According to Clear Capital, the tool uses computer vision technology to highlight the right files automatically so underwriters can make more efficient and informed decisions. At the moment, the technology is being piloted internally. According to a recently published study by the U.S. Presented by: Accurate Group.

Tools 459

Tools Appraisal Appraisal Process Real Estate 459

Housing Wire

APRIL 16, 2021

billion valuation. Blend’s white label technology is what powers mortgage applications on the site of banks such as Wells Fargo and U.S. In all, its technology platforms saw $1.4 trillion in mortgages and other loans in 2020, Blend said. That January round gave Blend a $3.3

Valuation 391

Valuation Technology Lending Investing 391

Housing Wire

AUGUST 26, 2021

Stewart has been on an acquisition tear in the past 18 months, closing deals to acquire over a dozen companies — including Cloudvirga , NotaryCam , Pro Tek Valuation Intelligence , United States Appraisals , and A.S.K. In late 2020, Stewart acquired a significant number of Western U.S. per diluted share, for the second quarter 2020.

Real Estate 418

Real Estate Valuation Investing Tools 418

Housing Wire

NOVEMBER 18, 2021

As everything continues to accelerate and the FHFA considers making widespread changes to the appraisal process, lenders need to make sure they’re working with technology vendors who are ready to respond to changing market conditions and are prepared for new approaches to valuation. The first is legacy technology.

Appraisal 418

Appraisal Appraisal Process Modernization Technology 418

Appraisal Buzz

JUNE 10, 2021

Clario’s growth is unprecedented, expanding from 30 staff appraisers in 2019 to over 100 by the end of 2020, and is on target to employ 180 staff appraisers by the end of 2021. We specialize in real estate valuations for the mortgage lending and financial services industries. RENO, Nev. — Clario Appraisal Network, Inc., 201.286.2273.

Appraisal 370

Appraisal Valuation Training Real Estate 370

Housing Wire

DECEMBER 8, 2022

In 2020 and 2021, for example, some markets saw appraisals take as long as three to six weeks. We are completing purchase appraisals today in two to three days on a regular basis using that product, but it has to be supplemented with technology and data collection in today’s environment,” Rose said.

Appraisal Process 418

Appraisal Process Appraisal Valuation Logistics 418

Housing Wire

SEPTEMBER 14, 2021

“Entrepreneurial brokers have been driving an increasing share of mortgage lending, and Black Knight is committed to serving that community and further enabling their growth,” Rich Gagliano, president of Black Knight Origination Technologies, said in a statement. “By And in July 2020, the company paid $1.8

Technology 387

Technology Design Lending Valuation 387

Housing Wire

APRIL 18, 2023

PunchListUSA , a real estate technology platform digitizing home inspection data, has named Stefan Pampulov as its chief product and data officer. His past roles include chief product and operations officer at Collateral Analytics , a firm he founded in 2009 and was later acquired by Black Knight in 2020.

Inspection 370

Inspection Real Estate Real Estate Agent Renovations 370

Housing Wire

JULY 6, 2021

Mortgage software platform Blend Labs set terms for its initial public offering Tuesday including its goal to raise up to $360 million for a targeted valuation of nearly $4 billion. Blend’s white label technology is what powers mortgage applications on the site of banks such as Wells Fargo and U.S. million and $96.0 million and $74.6

Technology 397

Technology Valuation Mortgage Insurance 397

Housing Wire

NOVEMBER 2, 2020

Black Knight’s advanced, high-performance loan origination technology, seamless automation, integration, fee service, extensive data and analytics are being leveraged to transform mortgage originations. Black Knight is a proven mortgage industry leader in servicing technology. Originations. Added Value to Clients.

Lending 435

Lending Valuation Clients Tools 435

Housing Wire

SEPTEMBER 5, 2023

FTC accepted a binding settlement that both firms will divest Black Knight’s two businesses, settling FTC charges in March that ICE’s deal with Black Knight, which combines the two top mortgage technology providers, would drive up costs, reduce innovation and limit lenders’ choices for mortgage origination tools.

Technology 418

Technology Business Valuation Mortgage 418

Housing Wire

OCTOBER 13, 2020

billion valuation. 1, 2020, according to data from Recursion Companies. Explore three steps that enable technology to work more efficiently, which helps drive profitability. Finance of America operates through retail, wholesale and correspondent channels. It does much of its business on the West Coast. It has sent $16.2

Finance 505

Finance Lending Retail Valuation 505

Appraisal Buzz

JUNE 14, 2021

COVID has given the entire housing industry a chance to re-evaluate and use technology to make the process of buying a home faster. As lenders continue to use technology to speed up transactions, the appraisal process remains one of the few manual tasks left, and it’s arguably one of the most important. Now, let’s talk about accuracy.

Appraisal 435

Appraisal Appraisal Process Technology Housing Market 435

Housing Wire

OCTOBER 2, 2023

PLACE , the real estate technology platform, appointed Brendon Burchard, a leading personal growth coach to the role of chief growth advisor. ” Founded in 2020, PLACE is a leading real estate technology platform working with teams across a variety of brokerages and geographies.

Real Estate Agent 334

Real Estate Agent Real Estate Technology Valuation 334

Housing Wire

FEBRUARY 12, 2021

Even in the midst of a banner year, originators have to keep one eye on the technologies and competitors that could upend their carefully crafted business strategy. Taking those lessons with him, Ghamsari decided to start Blend in 2012 along with his co-founders. The focus of the Spring Summit is The Year-Round Purchase Market.

Technology 368

Technology Valuation Design Mortgage 368

Housing Wire

FEBRUARY 8, 2021

Record low rates led to a banner year for mortgage lenders in 2020, and with a demographic tsunami of Millennial homebuyers entering the housing market, this year is expected to be just as incredible. The focus of the Spring Summit is The Year-Round Purchase Market.

Real Estate 397

Real Estate Housing Market Technology Valuation 397

Housing Wire

FEBRUARY 21, 2023

It also holds great promise in attracting a new generation of bright, talented appraisers who may have otherwise not given the mortgage valuations industry a second look. Technology makes this possible as it builds new efficiencies. Their preference for an efficient, technology-driven process comes through loud and clear.

Modernization 370

Modernization Technology Valuation Real Estate Agent 370