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Join us for a free webinar on Revolutionizing Appraisals: The Road to Modernization this Thursday, November 14th at 1PM Central Time. This webinar will delve into the latest technology trends, from advanced data integration to automated workflows, designed to streamline your processes and improve accuracy.
It also wants to widely deploy refreshed marketing strategies that are designed to both educate and appeal to older homeowners about the use of home equity in retirement. In 2025, it will begin rolling out new regional and local programs designed to “build our brand profile and drive business in strategic markets,” she said.
Top five reverse mortgage lender Finance of America (FOA) announced on Tuesday the hiring of two new executive leaders to modernize the companys digital and customer experience strategies. ” Sieffert previously indicated that a renewed effort around digital processes at the company would be a priority for 2025.
Jaro’s products are designed to offer new and improved solutions to help lenders tackle modern-day appraisals with pinpoint accuracy designed to eliminate bias and urban pricing discrepancies as homebuyers migrate between the suburbs and major cities. Jaro stands tall as the only end-to-end appraisal platform on the market.
Other design trends for this upcoming year are the minimalist style and the use of a variety of colors. One design trend that is coming back is wood and experiencing a revival. Another design trend could be combining flashy colors so it enlivens up the whole room and makes it more compelling to children.
“By integrating Restb.ai’s technology into Certainty, we are taking a leap forward in appraisal modernization. is designed to allow an AI-powered system to analyze photos of a property for identification and verification purposes.
Modernizing regulations around reinsurance will enable insurance companies to expand coverage and write more policies in communities across the state facing greater risk, ensuring stability and resilience in our insurance market. The number of policies under the FAIR Plan more than doubled from 2020 to 2024, according to the AP.
The Federal Housing Administration (FHA) on Wednesday published a new proposed Mortgagee Letter (ML) that offers an early look at policies designed to expand contact options with mortgage borrowers who are in default. Published on FHA’s Single Family Drafting Table — an online portal where proposed U.S. 1, 2025.
Real estate valuation technology provider Clear Capital on Thursday launched Universal Data Collection (UDC), a product designed to support appraisal modernization. The UDC product provides lenders with tools for scalability, interchangeability and loan management, according to a statement.
HousingWire recently spoke with Erin Reed, vice president of originations, valuations and operations at ServiceLink about approaching appraisal modernization in an innovative way while addressing logistical challenges along the way. . HousingWire: Why should lenders consider appraisal modernization and how can it benefit borrowers?
The Community Home Lenders of America (CHLA) on Wednesday released a plan that it says would “modernize” Ginnie Mae , the government-owned company that manages the securitization of government-sponsored loans. CHLA added in a statement that the release of these recommendations is designed to coincide with relevant news.
Lone Wolf Technologies , a real estate technology company that has been in business for decades, unveiled its reimagined brand identity last week as an effort to “blend technology with human-centered design to better serve real estate professionals,” per a release from the company.
Add a statement mailbox (Cost: $ ) A stylish mailbox adds personality and can reflect the home’s design. Upgrade your house numbers (Cost: $ ) Large, modern numbers enhance the entry’s look and visibility. Install modern light fixtures (Cost: $$ ) Swap outdated fixtures for sleek, stylish ones that complement the home’s look.
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. How do the solutions work? Why do we need them? But you already know this.
From enhancing curb appeal to modernizing accents, these simple yet effective tips will elevate your listing and help you sell it faster. Add final touches with modern enhancements 13. Changing out the old hardware and other dated fixtures is a quick way to modernize a home. Why is home staging important?
By doing so, ICE helps its clients cut down on mistakes, speed up workflows, and offer a modern lending experience that works better for both borrowers and industry professionals. One of ICE’s main focus points is the platform’s user-friendly design and overall experience.
Editor in Chief Sarah Wheeler sat down with Kenon Chen, executive vice president of strategy and growth at Clear Capital , to talk about appraisal modernization and how technology is just part of the solution. Most lenders’ loan origination systems are not designed to do that, for collateral especially.
At the heart of LPTs meteoric rise is its multi-compensation model, designed to meet agents wherever they are in their careers. Aperture and the dual-market strategy Palmers next big swing is Aperture, a high-end, brand-driven firm designed to compete directly with Compass and Sothebys. In a word: choice. And thats the game.
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. However, transitioning to a more modern, modular strategy has proven to be difficult and complex.
And lets not even get started on how the modernization movement is designed to push us aside in favor of speed and efficiencyaccuracy be damned. When appraisal modernization started replacing boots-on-the-ground appraisers with desktops and hybrids, NAR was more than happy to go along. And what have we gotten for our dues?
Here it is: another article about appraisal modernization. The FHFA RFI responses to appraisal modernization are a treasure trove of insight into ideas and options for modernization from a wide variety of respondents. No doubt, investment in modernization is needed in the appraisal process.
The role is designed to strengthen FOAs leadership in an area that is essential to the companys long-term growth plans and further its efforts to make home equity for retirement a mainstream solution, the company said. Last month, the company hired two new executive leaders to modernize the companys digital and customer experience strategies.
AI can create virtually staged images to match any trendy interior design style you can dream up for a small fraction of the price of traditional virtual staging. In our testing, Collovs image quality was on par with rivals like REimagineHome and Apply Design but was slightly less realistic than RoOomy. Sadly, there are caveats.
In an industry that has been oft-maligned as antiquated, Baker believes that software designed to tackle industry specific problems, is the key to improving the title industry’s reputation. “I The post In the race to modernize title, firms double down on software appeared first on HousingWire.
Most-Searched-for Home Attributes Top home-search trends in 2024 showed a preference for variety and character: ranch and ranch-style homes led the way for their charm and single-story convenience, with modern and Mid-Century Moderndesigns showing later down the list. Then there were scenic escapes (e.g.,
The new version of the bill has provisions designed to offer resources for aging in place. The reauthorized version also includes key provisions from Murkowskis Native ELDER Act, which is designed to address federal programs and services for Alaska Native, American Indian and Native Hawaiian elders. ranking member Bill Cassidy (R-La.)
Last year, the office of the departments chief financial officer and its customer and design experience teams undertook an assessment of HUDs website alongside its Digital Experience Working Group, which was comprised of representatives from every program office. HUD has been on a yearslong road to modernize its technology systems.
The partnership also gives Concierge’s agents and brokers access to Luxury Presence s advanced website design, hosting and SEO services. “Agents working in this new environment require modern tools that can inspire tech-savvy clients to engage in new conversations about real estate.
This update of the HUD Code is long overdue and will help increase production while also ensuring moderndesigns to suit the needs of families.” In addition, the final rule includes more clarity regarding structural design requirements for attics.
Consumer-First Servicing Modernization: Servicing comprises the vast majority of a customer’s borrowing lifecycle, and Sagent CARE brings the same modern experience borrowers get in the origination space to servicing, where lifetime customer relationships are managed and grown. They can also act fast and resolve hardships.
Arizonas designated broker. While most claim to be innovative and different, it is evident that the organization genuinely values their team members and agents who are not only highly knowledgeable, but are redefining what a modern brokerage looks like by offering tools that allow agents to work smarter and sell more.
The essence of our industrys defense of modern MLS infrastructure rests upon a fragile foundation that says, “Its not perfect, but its the best we can do.” These domains arrived long before modern technology enabled efficiencies of scale. ” But lets cut through the noise and examine whats really going on.
Go in an order that makes sense, such as: headline, first-floor features, second-floor features, basement, overall design (hardwood floors, etc), garage, yard and location. Seamlessly blending historic elegance with modern luxury, this 5 bedroom 3.5 Using the list of best property features, start writing your description.
However, other email tools not specific to real estate agents (like Mailchimp and Flodesk) offer built-in templates that make delivering beautifully designed email newsletters a cinch. Create a responsive newsletter design One of the best ways to make things easy on yourself is to use real estate newsletter templates.
To help overcome these obstacles, Sagent has created its Dara Loss Mitigation platform as a solution that modernizes how homeowners and mortgage servicers address financial hardship. The platform’s intelligent design is showcased by its ability to pre-populate borrower data, substantially reducing application completion time.
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.
Describing the modern-day mortgage market as challenging would be an understatement, to say the least. Also, DSCR five- to nine-unit loans are designed for larger multi-family homes. Deephavens Equity Advantage Closed End Second is a second mortgage designed for one purpose assisting borrowers in borrowing their equity.
CARE is Sagent’s consumer platform that links a modern, bank-on-your-phone experience for borrowers with seamless human care from servicers. With more than 50% of borrowers accessing CARE through mobile devices, CARE was designed with a Mobile First Design philosophy. Product Fast Facts. #1. Get More Info.
Paperless Pipeline offers a clean and practical design that ensures your transactions are organized and easy to manage. is perfect for agents who value staying connected and want a modern platform that makes managing transactions feel effortless. Paperless Pipeline is an affordable platform that makes transaction tracking simple.
New ACI Sky Workbench Platform is Designed to Modernize Appraisal Processes SANTA ANA, Calif. Designed by appraisers for appraisers, Workbench modernizes appraisal workflows, enabling valuation professionals to take on additional assignments and complete them faster and with greater accuracy, while reducing the need for revisions.
In addition to being significantly larger, they are brand-new builds, which has its own advantages such as: contemporary, higher-quality materials, contemporary designs, cutting-edge appliances, in-demand facilities, and even opulent features and finishes. To some, it would make sense that a growing number of U.S.
“At Sonar, we are proud to be at the forefront of this transformation, streamlining workflows and relationships with AI-powered tools and bringing mortgage loan origination into the modern age.” The technology is designed to promote real-time collaboration as multiple users can work on a single loan at the same time.
These organizations are on the cutting edge of serving the mortgage, real estate, or housing markets, providing technology or software designed to serve those markets. And this is what will make mortgage modernization possible at last. Phoenix Burst changes that.
Freddie Mac’s ACE + PDR program and Fannie Mae’s Value acceptance + property data were designed to increase efficiencies for all stakeholders and lower costs in comparison to traditional appraisals while maintaining the high-risk mitigation standards employed by the government-sponsored enterprises (GSEs). “At
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