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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. And as a loan officer (LO), why should I care? A look into GSE appraisal modernization efforts The GSEs have each offered appraisal waivers on eligible loans for several years.

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First Community Mortgage selects Blue Sage platform to scale business

Housing Wire

The move allows the lender to have “modernized its mortgage operational processes, boosted productivity and delivered an enhanced borrower experience for its customers,” the company said in a news release. FCM originated $2 billion in home loans last year through its wholesale and retail divisions, the company reported.

Business 448
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Total Expert, Polly aim to help a lender identify customer opportunities faster

Housing Wire

By deploying customer intelligence from Total Expert — a customer engagement platform for financial institutions — Mountain West Financial will provide automated alerts that notify its loan officers in real-time when a customer’s behavior or financial situation signals they’re a good candidate for a home loan, Total Expert said.

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Lower taps TLOP’s Dustin Owen as SVP of growth

Housing Wire

Lower continues to make moves designed to support its expansion efforts, hiring former Waterstone Mortgage executive Dustin Owen as its new divisional sales leader and senior vice president of growth. Owen is the founder and host of “ The Loan Officer Podcast ,” which tallied more than 1 million downloads in 2022.

Lending 448
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zavvie launches HomeFAI, an AI-powered alternative financing system

Housing Wire

zavvie , a Colorado -based iBuyer and fintech company, has launched an AI-powered platform, HomeFAI, that is designed to accelerate the speed of cash offers and funding for homebuyers. This is AI meets modern home financing and its transforming the way people buy homes, Lane Hornung , co-founder and CEO of zavvie, said in a statement.

Finance 217
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Mortgage Digitalization 2.0: Moving Beyond Integrations

Appraisal Buzz

In the modern mortgage industry, lenders are not just setting themselves apart on who has the best Super Bowl ad or the biggest branch footprint, but increasingly also on their approach to technology. Today, technology is driving differentiation across the customer experience, loan officer experience, and overall operational efficiency.

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Former Sagent CEO Named Head of Rocket Pro TPO

Appraisal Buzz

Sogorka previously served as CEO and President of Sagent, a well-known fintech company that designs and builds digital mortgage servicing platforms. He and his team modernized Sagent’s technology by bringing its platforms to the cloud and building a single data and user experience across the servicing lifecycle.