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Earlier, ValuationReview brought to the readers’ attention an acquisition pertaining to Voxtur Analytics Corp., the technology company creating a more transparent and accessible real estate lending ecosystem. Further to the news releases issued on Nov. 24, 2021, and Dec.
Nations Lending continued to add to its leadership team with the recent hiring of Randy Koerner, who will play a direct role in building sales as well as supporting the company’s branch development and sales growth. Read on to learn more.
NewRez LLC, a national mortgage lending and servicing organization, announced that Rajinder Singh has joined its executive team as chief risk officer, effective immediately. Read on to learn more.
Rhinebeck Bank has expanded its presence with a new commercial lending office in the Albany market, the company announced in a release. Read on to learn more.
Nations Lending increased the size of its California footprint with a new branch in Walnut Creek. The branch will be led by Brian Paris, who comes to Nations from BluPrint Home Loans, a residential mortgage lender headquartered in Encinitas, Calif. Read on to learn more.
UniversalCIS, a market-leading, technology-enabled provider of credit data and related origination solutions in the mortgage industry, acquired the Lending Solutions and Appraisal Management Divisions of Data Facts, a national and international consumer reporting company.
AXIS Lending Academy, a non-profit education program that offers free hybrid education training to people seeking a career in the mortgage industry, announced the formal launch of its operations. Read on to learn more details.
ClearPath Lending, a VA home loan origination firm, has provided more than 50,000 mortgage loans. These were guaranteed by the Department of Veterans Affairs or insured by the Federal Housing Administration since the company was founded in 2012.
The Credit Union National Association (CUNA) generally supports the Federal Housing Finance Agency’s (FHFA) enforcement of fair lending laws but urges the agency to ensure monitoring and enforcement does not generate costly new requirements or increased regulatory burden, according to a release from CUNA.
Williston Financial Group (WFG), a Portland-based, full-service provider of title insurance and real estate settlement services for commercial and residential transactions nationwide, released the findings of its 2021 survey of WFG Executive Roundtable members and other industry leaders.
Cherry Creek Mortgage announced that Phil Tidwell has been promoted to vice president of marketing operations. Tidwell was the company’s marketing operations director.
Yes Lender recently acquired Edge Funder, Inc., a fintech start-up that is transforming entrepreneur’s access to working capital through its direct-to-merchant funding portal. Powered by artificial intelligence and proprietary software, the portal presents multiple funding options to merchants within 60 seconds.
Cherry Creek Mortgage announced that David Arnett has been promoted to chief marketing officer, according to a company release. Read on to find out more.
Bryce Long has been promoted to chief executive officer of Salt Lake City-based mortgage lender Veritas Funding, the company announced. Read on to learn more.
New Residential Investment Corp. recently entered into a definitive agreement with affiliates of The Goldman Sachs Group, Inc. to acquire Genesis Capital LLC, a leading business purpose lender that provides innovative solutions to developers of new construction, fix-and-flip and rental-hold projects and acquire a related portfolio of loans.
Cherry Creek Mortgage announced that Reid Nelson has been promoted to vice president of software development, according to a company release. Read on for more details.
As one of the most trusted AVMs on the market, ClearAVM is designed for situations that demand highly precise and efficient results, including consumer finance, home equity lending, investing, portfolio valuation, review, and underwriting. Try Cl earAVM for free!
Foundation Mortgage Corp. recently announced the OptifiNow TPO CRM platform has helped it rapidly grow its wholesale mortgage division within two months of launching its TPO channel. In a press release, Foundation Mortgage CEO Marc Halpern commented on this growth opportunity.
Be it pre-valuation property knowledge, property valuations, or post-valuationreview, ClearProp handles due diligence situations with ease. helping you become a local expert on any market in seconds: ClearAVM — The top-tier, independently tested , lending-grade automated valuation model.
As per the above list, there are several motives for a commercial real estate appraisal review; however, what does a real-world scenario look like? Two of the best examples occur when there is lending involved or litigation pursued. A commercial appraisal review can be as significant as the appraisal itself. Grant Applications.
We’re excited to announce that property rental data is now available in ClearProp , the lending-grade, industry-leading valuation tool. users can now review nearby rental listings and calculate a comparable-based rental estimate in real-time. helping you become a local expert on any market in seconds.
ClearAVM is often leveraged in mortgage underwriting and servicing to make lending decisions, but single-family residential (SFR) investors, asset managers and property managers need to assess many of the same elements and potential risks. It is able to confidently predict values on nearly every residential property in the U.S.
CoreLogic Valuations Principal George Paquette and Chief Appraiser Shawn Telford offer more insight into the hot topic of appraisal waivers and lending decisions. Understanding the condition of the collateral is important in making a sound lending decision,” Telford noted. Read on for more insight.
The topic of modernizing the real estate appraisal workflow has created a fair amount of controversy, which is strange given the many benefits every other function in the home financing transaction has enjoyed, says Class Valuation in its latest white paper titled “Modernizing the Appraisal Workflow.” Read on for more details.
Planet Home Lending, LLC, a national lender and servicer, has named John Bosley as president of Mortgage Lending. Read on for more about this appointment.
Greystone announced Karen Ford has joined as a vice president on the Federal Housing Administration (FHA) lending team. Based in Mississippi, Ford will serve with Lisa Anderson, managing director for FHA lending.
As a leading real estate technology company, Clear Capital pioneers new advances in AVMs for mortgage lending. Get an AVM for mortgage lending with current property data and speed. What AVMs offer is another tool in the valuation tool belt when the situation is appropriate.
Incenter Appraisal Management recently released its RemoteVal technology, which it said dramatically streamlines one of the biggest bottlenecks in mortgage lending: appraisals. RemoteVal empowers appraisers to achieve compliant inspections.
The two companies said they will leverage their expertise in the condominium-lending market and grow their customer base through product breadth and targeted services. CondoTek recently acquired National Condo Advisors (NCA).
Planet Home Lending, LLC, a national lender and servicer, has hired Andrew Watson as senior vice president, Contact Center. A well-regarded mortgage servicing leader, Watson has experience in strategically elevating the call-center customer experience.
The new SMS/MMS video tool empowers mortgage professionals to engage and retain customers in today’s highly competitive lending environment. Big Purple Dot, provider of an ecosystem of mortgage marketing technologies, has added SMS/MMS video marketing to its all-in-one CRM lead management platform.
Fortuna Credit launched a platform it said will transform the online lending marketplace and empower non-prime consumers to take control of their financial health. Operating online in all 50 states, Fortuna Credit is a multi-lender marketplace connecting consumers to financial services tailored to their unique needs.
The acquisition expands SitusAMC’s warehouse lending technology offering, pairing WLS with SitusAMC’s existing ProMerit system (acquired via the MBMS, Inc. SitusAMC Holdings Corp. has acquired Street Resource Group, Inc. SRG) and its widely used Warehouse Loan System (WLS), the company announced. acquisition in 2019). Read on to learn more.
Department of Housing and Urban Development and the Federal Housing Finance Agency (FHFA) entered into a collaborative agreement regarding fair housing and fair lending coordination, according to the FHFA. Under the Memorandum of Understanding, the two agencies will focus on enhancing their enforcement of the Fair Housing Act.
Housing Equity Loan Survey, designed to capture homeowner intentions and tolerance for engaging in real estate lending over the next 12 months – with specific attention on how homeowners plan to leverage home equity.
In a 2020 Voice of the Appraiser study by ValuationReview, 46% of appraisers listed low fees as the greatest concern for their profession. FHFA: Reducing Valuation Bias by Addressing Appraiser and Property Valuation Commentary. Certified general appraiser: All types of real estate, from strip malls to airports.
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