Housing Wire

NOVEMBER 2, 2020

As a premier provider of innovative, high-performance software, data and analytics for mortgage and home equity lending and servicing, Black Knight is transforming the housing finance industry. The post Simplify complex lending processes with powerful analytics appeared first on HousingWire. Added Value to Clients.

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Lending Valuation Clients Tools 404

Housing Wire

MAY 2, 2021

One of the first steps in determining a property’s value is the use of an Automated Valuation Model (AVM). Total Home Value x (THV x ) from CoreLogic is a state-of-the-art AVM built to simplify and standardize valuation through the loan lifecycle. With that said, not every AVM is created equal.

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Valuation Home Value Lending Technology 356

Housing Wire

JULY 13, 2021

If we’ve learned anything in the past year, it’s that operational flexibility and accurate servicing valuation are key to lending profitability. Companies ranging from small credit unions to large mega-servicers can benefit in multiple ways from having a detailed MSR valuation embedded in their daily processes.

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Valuation Tools Technology Lending 420

Housing Wire

JULY 11, 2024

Opteon, a leader in the appraisal and property valuation industry, utilizes their tech-enabled service fulfillment to streamline and enhance the appraisal process. Advanced data collection: The future of appraisals Data collection is a cornerstone of Opteon’s strategy to revolutionize the valuation industry.

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Lending Appraisal Appraisal Process Valuation 378

Housing Wire

MARCH 10, 2023

Fannie Mae has approved six firms to handle its new valuation initiative, which cuts traditional appraisers out of the process and potentially represents the biggest shift in the valuation space in years. Accurate Group and Black Knight ‘s Collateral Analytics LLC.

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Valuation Inspection Training Appraisal 397

Housing Wire

MARCH 2, 2021

Historically low interest rates in 2020 led to an all-time high in mortgage lending for new loans, but with forbearance moratorium deadlines being extended, some lenders are getting nervous. HW: How can integrating title and valuation data points alleviate those pain points? Altisource and HomeVal are here to help do that.

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Valuation Lending Real Estate Investors 265

Housing Wire

NOVEMBER 22, 2023

Mike Cagney’s financial technology firm Figure Technologies has taken another step to go public with its lending division, LendCo , hiring investment banks to coordinate the initial public offering (IPO), per a Bloomberg report. However, the report states there’s no final decision on the timing and valuation. for the IPO.

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Lending Valuation Technology Retail 384

Appraisal Buzz

DECEMBER 20, 2021

Without accurate collateral valuation, lenders could not properly underwrite new loans. The appraiser’s standard is still a valuation that is believable, regardless of whether they get access to the interior of the property or not. Home Equity lending is another case in point. The industry was on the cusp of a serious crisis.

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Valuation Inspection Appraisal Lending 367

Housing Wire

JANUARY 14, 2022

Collateral valuation is a critical component of mortgage lending and the home sales process. The post Lunch & Learn : The Role of Appraisers in the Future of Valuation appeared first on HousingWire. Hosted by Accurate Group. Sarah Wheeler Editor in Chief, HousingWire. Rick Hill Vice President, Industry Technology, MBA.

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Valuation Appraisal Inspection Appraisal Process 367

Appraisal Buzz

OCTOBER 18, 2021

In a couple of words, it’s collaborative valuation; in a description it’s bringing together a team of professionals to tackle each appraisal report in concert. What is Collaborative Valuation? Bifurcation with non-appraisers is not an answer, in fact it will allow the bad actors on the lending side and AMC side to push harder.

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Modernization Valuation Appraisal Training 370

Housing Wire

AUGUST 25, 2022

Between lack of inventory, record high prices, rising interest rates and significant affordability issues, challenges for the purchase and refi markets are leading to a time of opportunity for home equity lending. Making sure you know what combination of valuation products to use at the outset in each area can save a lot of time and money.

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Lending Valuation Appraisal Process Appraisal 340

Housing Wire

JULY 10, 2024

The complexities of Non-QM lending demand a strategic approach that combines innovation, efficiency, and resilience. Acra Lending has positioned itself at the forefront of this sector by investing in its workforce, optimizing processes, leveraging cutting-edge technology, and building a robust infrastructure. Craig Timmins.:

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Lending Technology Training Investing 343

Housing Wire

MARCH 21, 2022

The fundraise more than doubles Tomo’s valuation to $640 million. million seed round for its Canadian real estate valuation platform. The post Tomo raises $40M Series A, hits $640M valuation appeared first on HousingWire. It included participation from existing investors Ribbit Capital , NFX and Zigg Capital.

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Valuation Real Estate Agent Real Estate Investors 344

Housing Wire

MARCH 23, 2021

As origination volumes hit record highs in 2020, Truework’s verification experts saw a spike in fraud in mortgage lending, and expect that trend to continue this year. Now is the time for lenders to tighten their procedures not only on recruiting and hiring practices, but also lending operations. Data-driven analysis.

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Lending Mortgage Sellers Technology 437

Appraisal Buzz

SEPTEMBER 9, 2024

Friends, appraisers, countrymen, lend me your ears: I’m Jason Covington, Tennessee appraiser, here to share my insider impressions of Valuation Expo XXI. But somehow, Hal — who had a hurt ankle and was walking with a cane — limped onstage for his opening “VET” talk (Valuation, Education, Tech). Suddenly, it didn’t.

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Valuation Appraisal Tools Technology 298

Housing Wire

NOVEMBER 10, 2020

Online mortgage lender Better.com revealed it raised $200 million in a series D financing that put the New York-based startup at a $4 billion valuation, according to an internal memo reviewed by Bloomberg. The post Better.com snags $200 million in series D funding for $4 billion valuation appeared first on HousingWire.

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Valuation Loan Officers Investors Finance 385

Appraisal Buzz

OCTOBER 4, 2021

Our goal is to develop solutions to this persistent problem, including appraisal best practices, uniform standards for automated valuation models, enhanced consumer disclosures, improved value processes, and revised fair lending exam procedures and risk assessments.”.

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Valuation Appraisal Contracts Finance 370

Housing Wire

MAY 17, 2023

Recent home price declines are leading to decreased tappable equity, but there are still opportunities in home equity lending, according to a report published by Home Equity Lending News. And as instant online automated approval and closing continues to elude home equity lending, attention has turned to artificial intelligence.

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Lending Valuation Mortgage Government 336

Housing Wire

JANUARY 23, 2024

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.

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Valuation Market Value Clients Technology 435

Housing Wire

MARCH 31, 2022

The new Federal Valuation Agency would be responsible for developing real estate valuation standards and appraiser criteria, a function the Appraisal Foundation currently performs. The draft bill also proposed an “Office of Fair Lending” within the new valuations agency, which would report to the head of the agency.

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Appraisal Valuation Training Government 445

Housing Wire

MAY 20, 2021

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?

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Appraisal Valuation Technology Training 490

Housing Wire

MAY 14, 2024

Atlas VMS , the appraisal and valuation company led by Erik Morin , announced this week the appointment of Joe Pravettone as chief appraiser. Joe’s unparalleled expertise and proven leadership will be instrumental in advancing our mission of delivering exceptional valuation management services to our clients.“ “I

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Appraisal Valuation Retail Clients 376

Housing Wire

FEBRUARY 1, 2024

Company Name Company Website Markets Served Company HQ MMI mmi.io/ Loan Origination, Title and Closing Salt Lake City, UT Polly polly.io/ Secondary San Francisco, CA Paradatec paradatec.com/ Servicing, Secondary, Cross Markets and Origination Wilmington, DE Orion Lending orionlending.com/ Loan Origination and Servicing Orange, CA Optimal Blue www2.optimalblue.com/

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Mortgage Valuation Insurance Appraisal 464

Appraisal Buzz

SEPTEMBER 5, 2024

Despite home equity lending volume remaining relatively flat in 2023 compared to 2022, outstanding home equity debt increased, according to the Mortgage Bankers Association’s (MBA) 2024 Home Equity Lending Study. The post Lending Study Reveals Increase in Outstanding Debt Despite Flat Volume first appeared on The MortgagePoint.

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Lending Inspection Valuation Renovations 221

Housing Wire

JANUARY 15, 2021

The MSR valuation rose 12% over the prior quarter. The post JPMorgan Chase amps up correspondent lending appeared first on HousingWire. As the company celebrates its 10th anniversary, WFG continues to look for new ways to serve its clients, consumers and industry. Presented by: WFG. billion in loans serviced in Q4 2019.

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Lending Retail Valuation Mortgage 279

Housing Wire

MAY 24, 2022

Out of 200 senior mortgage executives surveyed, who represent 188 lending institutions, 94% think that appraisal modernization efforts will simplify the origination process. The desire to invest in appraisal modernization came in third place, with 29% of lending institutions reporting that this was a top-of-mind investment.

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Modernization Appraisal Lending Investing 497

Housing Wire

AUGUST 4, 2021

Glenn Stearns, founder and CEO at Kind Lending. The tax benefit primarily comes from a release of a valuation allowance, according to a footnote in eXp’s Securities and Exchange Commission filing. The joint venture announced this July is called Success Lending , and it is slated to get off the ground in October.

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Lending Brokerage Valuation Agents 412

Housing Wire

MARCH 17, 2022

“With technology impacting all areas of our lives, it is time for participants across the mortgage ecosystem to experience an improved process that simply works better and costs less,” said Daniel Wallace, GM of Figure Lending. The post Figure and Apollo complete ownership transfer via blockchain appeared first on HousingWire.

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Technology Valuation Lending Landlords 463

Housing Wire

AUGUST 3, 2021

The blockchain revolution may soon be coming to mortgage lending. billion in venture capital , ended created a lending business out of need so it could begin the process of blockchain adoption, Cagney said at the time. In May, it announced the closure of a $200 million Series D fund raise, giving it a valuation of $3.2

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Mortgage Architecture Lending Technology 516

Appraisal Buzz

OCTOBER 14, 2024

As all lenders have “skin in the game” on every loan, rigorous quality control across the lending lifecycle is imperative. Meanwhile, incomplete or inaccurate information can lead to faulty lending decisions that put lenders and their AMCs at risk. Here’s where computer vision proves its mettle.

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Valuation Technology Renovations Appraisal 368

Housing Wire

NOVEMBER 1, 2023

Voxtur primarily serves real estate finance providers and specializes in broker-price opinions (BPOs), alternative valuation methods and traditional appraisals. This past March, Accurate Group was one of the vendors previously approved by Fannie Mae to handle the GSE’s new valuation initiative.

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Appraisal Valuation Clients Real Estate 407

Housing Wire

DECEMBER 14, 2021

The Federal Housing Finance Agency (FHFA) is the latest stakeholder to examine how racial bias may creep into property valuations. It’s unclear whether the inclusion of references to race in appraisal reports reveals bias in the valuation process or introduces it.

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Appraisal Valuation Finance Training 459

Housing Wire

NOVEMBER 15, 2021

Kennedy landed a job at American Savings Bank , later acquired by Washington Mutual , and he helmed the company’s fledging Alternative Valuation Business Unit. This is not a problem with valuation models,” said Matt Woods, CEO of real estate consulting service Sold.com. This is a Zillow problem.”. What’s different about Zillow?

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Valuation Clients Lending Real Estate 411

Appraisal Buzz

MAY 6, 2024

Adam Johnston has joined Candescent Capital Ventures , a private equity firm specializing in investments in the PropTech space, as senior vice president, chief program management and valuation officer. The post Candescent Capital Ventures Taps Adam Johnston as SVP, Chief Program Management and Valuation Officer appeared first on MortgageOrb.

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Valuation Project Management Design Insurance 195

Housing Wire

JULY 19, 2024

Ascent Developer Solutions , a private mortgage lending platform, announced its launch Friday in conjunction with an equity infusion from Elliott Investment Management. Founder and CEO Robert Wasmund has a deep background in the residential construction and bridge lending industry. “We now known as Rithm Capital.

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Construction Development Finance Lending 414

Housing Wire

NOVEMBER 11, 2021

The Title I program insures mortgage loans made by private lending institutions to finance the purchase of a new or used manufactured home.). One of the updates to the program is enhanced value determinations, which will now “use a sales comparison approach” and allow for qualified FHA roster appraisers to perform valuations, the FHA said.

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Finance Valuation Insurance Lending 476

Housing Wire

AUGUST 30, 2022

While the lending industry has traditionally seen a measured and conservative approach to technological evolution, we are finding that many “strategic” decisions are made during these relative lulls in production. We have also seen large multi-channel lenders reducing their risk footprint in wholesale and correspondent lending.

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Tools Lending Valuation Technology 415