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Disaster recovery for mortgage servicers: Navigating crisis with compliance & resilience

Housing Wire

From wildfires to hurricanes, floods and earthquakes, each crisis tests a servicers ability to manage compliance, borrower support and investor expectations. Investor protection: Transparency and compliance during disaster recovery Servicers also must safeguard their investors interests by delivering timely, accurate reporting.

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ICE unveils two new property valuation solutions

Housing Wire

Intercontinental Exchange (ICE) Mortgage Technology introduced two new tools, Validate ROV and Validate Selector, to its growing suite of property valuation solutions, the company announced on Monday. Regulators are paying close attention to valuations for many valid reasons.

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How AI is changing the valuations process

Housing Wire

HousingWire recently spoke to Chris McLain, division president of Valuations for Consolidated Analytics , about the current appraisals market, AI innovation in valuations and valuation products for HELOCs and second-lien mortgages. What are the most common valuation products for HELOCs and second-lien mortgages?

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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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Enhancing Revenue Opportunities for Real Estate Agents With USRES & RES.NET 

Appraisal Buzz

This can be particularly advantageous when dealing with lenders, investors, or during client negotiations, potentially leading to more successful transactions. Property Data Collection (PDC) Services:  USRES is now an approved service provider for the Value Acceptance + Property Data valuation option offered by Fannie Mae.

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Tomo raises $40M Series A, hits $640M valuation

Housing Wire

The fundraise more than doubles Tomo’s valuation to $640 million. It included participation from existing investors Ribbit Capital , NFX and Zigg Capital. New investors Telesoft Partners and proptech VC Parker89 also participated in the round, which brings Tomo’s total funding raised to date to $110 million.

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Opendoor could make public debut via reverse merger at $5B valuation

Housing Wire

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. billion from investors and was most recently valued at $3.8 The post Opendoor could make public debut via reverse merger at $5B valuation appeared first on HousingWire.

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