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How fine-tuning MSR valuations can help lenders improve decision-making

Housing Wire

Lenders reported significant origination volume in the first quarter of 2021, but as rates change and the market shifts to a more purchase-driven origination environment, lenders need to carefully monitor margins and profitability. Historically, mortgage servicing rights (MSR) have been valued once per month or once per quarter.

Valuation 420
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Financial services firm Consolidated Analytics acquires Real Info

Housing Wire

a provider of property data and valuation technology solutions. With the acquisition , Consolidated Analytics expands its valuation solutions, offering clients tools — from data and analytics to appraisals — to predict market value and access a more comprehensive selection of collateral assessment products, the company said.

Valuation 435
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Will AI solve the problem of appraisal bias?

Housing Wire

Accurately establishing a home’s value is not just an important factor in real estate transactions and mortgage lending, it is integral to household wealth creation, as homeownership continues to be one of the primary pathways for Americans to build wealth. So, what can be done to mitigate bias and inequality in the valuation process?

Appraisal 490
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LoanDepot says it’s going public (for real this time)

Housing Wire

LoanDepot , backed by private equity shop Parthenon Capital Partners, first announced plans to go public in September 2015 , but canceled the IPO hours before pricing due to what the company called adverse “market conditions.” At the time, loanDepot had sought a market value of $2.4 billion to $2.6

Retail 458
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A Seller’s Market: What Does It Mean for Appraisers?

Appraisal Buzz

However, markets fluctuate widely, particularly in high-demand markets with excellent schools or near desirable neighborhoods. Difficulty Finding Comps You might have difficulty finding comparable properties to base your valuation on in a buyer’s market. In a buyer’s market, such figures are rarely that perfect.

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A loan officer’s ultimate guide to appraisal modernization

Housing Wire

For example, Class Valuation , one of the nation’s largest AMCs, provides its data collectors with imagery technology that creates a digital twin of the property. In its selling guide announcement , Fannie Mae wrote, “We are on a journey of continuous improvement to make the home valuation process more efficient and accurate.

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Wholesale behemoth UWM bolstering cash flow with MSR sales

Housing Wire

“The volume of MSRs in the market continues to be robust in the first half of the year,” said Tom Piercy, managing director of Denver-based I ncenter Mortgage Advisors , which this year through July has traded a total of $180 billion in MSRs — based on the value of the loan portfolios involved. . billion, down slightly from $319.8