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Reshaping appraisals: Jaro’s high-tech solutions innovate the appraisal process in an evolving real estate market

Housing Wire

Homes are still evolving in terms of technology and energy consumption, raising the need for accurate and efficient appraisals to help lenders approve mortgage loans with greater accuracy and efficiency. Only automation and technology can tackle this new demand effectively, and that’s where Jaro comes into play. Career Institute.

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Clear Capital launches APIs to make adopting modern valuations solutions easier 

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. Using automated valuation models “leads to relatively lower racial gaps,” according to Freddie Mac. .

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Here’s another estimate of the financial losses from the LA wildfires

Housing Wire

The recent Palisades and Eaton fires in Los Angeles have eradicated thousands of residential properties, leaving both physical and financial damage to Southern Californias housing market. Mike Hardy, a Los Angeles-based managing partner for Churchill Mortgage , is concerned about the preexisting housing shortage in LA.

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Is it time to replace professional baseball umpires with technology?

Appraisal Buzz

Im certain weve all seen broadcasts where technology shows the pitch was clearly a ball, yet the umpire calls it a strike. There are even statistical services that rate the accuracy of baseball umpires on calling balls and strikes versus new technology. Would it be unwise to eliminate umpires because technology could do a better job?

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Encompass by ICE Mortgage Technology: A flexible end-to-end origination solution

Housing Wire

Encompass by ICE Mortgage Technology aims to provide a flexible end-to-end solution for lenders in a modern market. “We’re always looking for ways to make the loan process smoother,” an ICE Mortgage Technology representative explained. Today’s housing market presents unique challenges.

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Taking the Pulse of Mortgage Servicing: Industry Leaders on What’s Ahead

Appraisal Buzz

Servicing teams must manage shifting delinquency rates, regulatory demands that may pivot with each new administration, and ever-increasing operational costs while keeping their fingers on the pulse of the modern consumer and advancing technology. Providing guidance and support during this process will be crucial for servicers in 2025.

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CFPB rule applies mortgage protections to clean energy loans

Housing Wire

The rule applies existing protections for residential mortgages to borrowers who seek PACE loans to upgrade or renovate their homes through clean energy technology. PACE loans are typically marketed via door-to-door sales by independent brokers who work with contractors who perform the modernization and enhancement work.

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