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On Monday, the company announced the addition of two artificial intelligence-powered assistants to help real estate investors and mortgage brokers. Harvey will assist real estate investors while Donna is for mortgage brokers. “Real estate investors operate in a fast-moving environment.
In this HousingWire Executive Conversation, Tom Davis, Chief Sales Officer at Deephaven , discusses the opportunities in the non-QM investor loan space as we head into the new year. Davis also highlights Deephaven’s edge in products like their Ground-Up Construction and Fix-and-Flip products, offering originators essential tools and training.
Its the perfect tool for lenders looking to help more borrowers and one company is positioned to help you harness it. The Charlotte-based company provides tools and training resources for mortgage loan originators looking to impact the market. million, so its primed and ready to meet the needs of most property investors.
In this context, ACES Quality Management s auditing technology has emerged as a pivotal tool for servicers seeking to enhance their servicing QC processes and adapt to an evolving regulatory landscape. The communication and tools it provides allow us to focus on servicing and state regulations with precision, she said. We love ACES.
We have expanded our team member training to [include talking to customers] about their home value and equity if the customer truly can no longer afford the home and none of the retention options are available or appealing to the customer. How has your strategy evolved over the past year? How has your strategy evolved over the past year?
CAPE Analytics has unveiled a new, AI-powered , automated property condition report (aPCR) tool crafted for institutional lenders, whole loan investors, and real estate investors. The tool can be paired up with other types of valuation metrics. The real competition for us is the status quo,” added Begley.
Joining and engaging with groups of fellow Realtors on Facebook should be a key tool in every agent’s toolbox. Glover U Inner Circle Run by top agent and national coach Jeff Glover, this Facebook group is a great way to get a taste of the training GloverU offers for free. Join Real Estate Mastermind 5. Join Empowering Women 14.
Revenue can also skyrocket, as well-trained staff with the right servicing software can service 700 or more loans individually. Servicers can automate critical tasks, such as investor reporting and compliance, to streamline workflows and position in-house servicers to win with speed. Click Here
Thankfully, there’s a tool that allows servicers to do just that. Freddie Mac’s Servicing Gateway offers one platform, one login and one doorway to Freddie Mac servicing tools. We’re doing that by creating future tools within Servicing Gateway to improve servicers’ speed to market for mortgage resolution.
The collaboration will allow Capital Fundings’ borrowers to receive personalized investor insights. Together, we will equip our borrowers with the tools and knowledge needed to thrive in today’s competitive market.” Privy’s real estate investment platform features different services tailored to assist investors.
We’ll also share best practices for developing and sending real estate newsletters and recommend some essential tools to make your email marketing stand out. You can also create messaging for your investor clients to inform them of possible investment opportunities. Lets dive in! Summary What is a real estate newsletter?
This book offers tools and techniques for critical reasoning, avoiding biases, and understanding probabilities. For the real estate investors among us (or as a great gift for your investor clients), check out Profit First for Real Estate Investors, written by David Richter with Mike Michalowicz.
I think they’re inviting a class-action lawsuit by sellers who get hurt in this very concentrated effort and maybe a visit from the Department of Justice , Leo Pareja , the CEO of eXp Realty , said recently on his firms fourth-quarter 2024 earnings call with investors. Pareja isnt the only executive who feels this way.
For brokers who work with non-QM borrowers, success depends on working with the right lender one that can provide the tools and flexibility to meet borrower needs. Borrowers often cant meet traditional credit requirements, and traditional lenders dont have the tools to serve these borrowers. Acra Lending has done precisely that.
During slower periods, lenders should: Conduct thorough assessments of their QC programs Update policies and procedures Provide additional training to staff Implement new technologies to enhance QC processes By investing in these areas during downtime, lenders position themselves for success when the market inevitably picks up again. .”
I am extremely pleased with our results this quarter and am looking forward to navigating the changes ahead from a position of strength,” Real CEO Tamir Poleg told investors and analysts during the firm’s Q1 2024 earnings call Tuesday morning. billion and an 88% year-over-year increase. “I
Mortgage loan buybacks, often referred to as repurchases, occur when a loan sold to an investor or GSE fails to meet the agreed-upon underwriting, legal, or regulatory standards. Loan buybacks also harm investors by introducing volatility and diminishing returns. Documentation issues : Missing or inadequate documentation.
Those forms serve as buyer and seller education tools to ensure that every JPAR customer or client is getting the same clear guidance to help them understand what changed, why it changed and what their options are when negotiating with an agent for fees and services. You name it, I’ve seen agents doing it.
Repurchases have been a hot topic for lenders, and to some degree, the agencies and investors have gotten a bad rap in these discussions,” said Nick Volpe , executive vice president of ACES Quality Management. “ Non-QM loans are those that cannot be purchased by the GSEs.
The first is the ongoing impact of artificial intelligence (AI) tools, which if deployed effectively provide an opportunity for property managers to increase operational efficiency and unlock business intelligence. The rental real estate space is built on human relationships between owners, investors, vendors and residents.
Notable features Salesforce-based CRM integration Lead capture tools with email collection Lead scoring tool for prioritizing clients Market Leader Starting at $139 per month Visit Website Who it’s for Market Leader is ideal for agents and brokerages aiming to enhance their lead generation and client management through a streamlined platform.
“That created inefficiencies so that one couldn’t send trains across borders,” Bowler said in an interview with HousingWire in Las Vegas during the recent ICE Experience 2025 event. So that is one of the bigger growing pains around, like, do you want to continue to have those tools? meter gauge.
Arming your origination team with the right technology and training to manage consistency, compliance and brand recognition on social media is worth the investment – not to mention the peace of mind. Training Loan Officers on Compliance Issues. Ongoing Training and Monitoring. Discussing Privacy Concerns.
AI is learning all the time, which means it has to be fed and trained on accurate, up-to-date data. Serves as relationship-building tool for servicers. Fraud detection tool Multifamily Utilizes Ai to combat AI-related fraud, including deep fakes, in multifamily operations. Below is a summary of all 12 gen AI proposals.
The pandemic has brought to the surface the glaring inefficiencies – limited trained staff, multiple claims systems, inefficient manual processes – and (unnecessary) financial costs that have plagued the claims servicing process for decades. HousingWire: What are some key challenges servicers are currently facing regarding mortgage claims?
Tech enters the picture Alongside these possibilities, the integration of an artificial intelligence (AI) tool can also be a solution. These types of consumer-facing products generated a lot of interest from investors. When labeled training data is not available (i.e., When labeled training data is not available (i.e.,
After receiving the appraisals, lenders and their AMCs often run them against their own databases, and the GSEs and other investors run the property data against historical appraisal data, with both tending to ask the current appraiser after delivery to comment on the discrepancies they see. Professional of Product Solutions. “A
This was a crisis for many large Independent mortgage banks that had created fine-tuned systems for refinancing loans and had virtually no trained sales force to prospect for new purchase money business. Each lender is different and so their use of these tools will differ. Two things I will say about technology.
Her experience has landed her several speaking engagements at training seminars, conferences, and continuing legal education courses on real property issues. We achieved this through a series of impactful conferences, engaging webinars, on-site servicer training sessions, servicer certification courses, and our regular publications.
Why embrace the new when the folks in the back office were doing just fine with the tried-and-true tools — even if these tools were pen and paper? This complicated things because at the same time staff was busy solving those problems using existing tools, the new tools were being installed. The path to digital lending.
We can expect GSEs and investors to be looking more closely at loans originated during this time-period. With the rapidly changing environment, we recommend partnering with tech-enabled and trained experts that handle QC across many lenders as it means they understand and see the landscape to provide the best enterprise loan quality service.
The way that we like to look at solving that problem is through a click of a button, distributing the loan at an even price to sell that to a cadre of investors,” Al Qureshi, managing partner at Blue Water Financial Technologies , said on Thursday during IMN ‘s third annual Non-QM Forum in California. That takes a lot of time.
ML: Our bank statement scenario tool, because a high number of our loans are bank statement income-based. We provide the majority of the tools that they would need to prospect, whether that’s pricing engines, to be able to qualify and run eligibility on products, originating the file through our TPO portal and shuttling that loan to us.
As one of the largest correspondent investors in the country, AmeriHome is focused on being a consistent, reliable partner to its clients. In the COVID-19 era, that means AmeriHome has spent even more time listening to what clients need and adapting their products and services to help clients navigate constantly changing lending conditions.
But don’t expect UWM to jump aboard the crypto train just yet. Some investors have even posed the question as to whether crypto should become its own asset class. The Pontiac-based wholesale mortgage lender said that the transactions were used as models to “better assess scaling cryptocurrency payments for consumers.”
Mortgage servicers must use all the tools at their disposal to expand borrower relationships and keep their borrowers in their overall portfolio. Modern software automates investor reporting and compliance and creates a more efficient workflow, allowing servicers to effectively service loans in-house.
Meanwhile, servicing management has never been busier trying to implement these programs cost-effectively and compliantly while facing significant headwinds addressing the servicing standards set forth by the investor community—whether that be FHA , related entities, or private investors.
As it became clear that many real estate professionals are in need of guidance, brokerages and industry leaders have launched a variety of educational resources and training courses for agents and brokers. 17, the firm launched an agent resource webpage known as “Buyer and Seller Agent Tools to Thrive.”
Thus, keeping abreast of regulatory and investor updates and trends is vital to maintaining loan quality and compliance. TG: Fannie Mae offers numerous training and education resources to help lenders improve loan quality, which lenders can find online through its Loan Quality Learning Center.
It even integrates with commonly used tools like Salesforce , Follow Up Boss and Hubspot so you can easily target your existing contact lists. Targeting investors and tailoring your real estate prospecting letters to their needs and is very smart. I work with many investors and want to introduce myself as a resource to you.
Finally, I’ll wrap up with the three marketing tools every agent needs to hit the ground running in 2024. Ask yourself if this tool you’re considering buying or tactic you’re about to try is aligned with your plan. Your niche could be anything from first-time buyers to downsizers or investors.
Right now, while things are good, invest in cross-training your staff. People take pride in their work when they believe that their leaders are invested in them as people — not just as tools to help them reap short-term rewards. Most importantly: Will you be able to retain them?
Our proprietary predictive analytics engine has been trained on nearly one billion credit inquiries. If you look at the new LLPA tables, you’ll see that the investors reward lenders for lending to less risky borrowers. CreditXpert is a data science company. One measure of that risk is the applicant’s credit score.
Initially, the platform used AI technology to help investors decide whether a property would be a good short-term rental property through platforms like Airbnb , and it acquired roughly 20 properties on its own. Part of how Modern Realty does this is by training its AI to mimic the top 1% of real estate agents.
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