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Join us for a free webinar on Revolutionizing Appraisals: The Road to Modernization this Thursday, November 14th at 1PM Central Time. Discover the cutting-edge tools and strategies driving the future of real estate appraisals. I’ve also spearheaded digital transformations, managing teams that develop cutting-edge appraisal tools.
A Fannie Mae survey published in mid-May found that mortgage lenders see value in appraisal modernization, specifically in the implementation of non-traditional appraisals and inspection-based appraisal waivers. Lenders surveyed also think that modernizing appraisals could help enhance appraiser capacity and lower borrower costs.
Jaro’s products are designed to offer new and improved solutions to help lenders tackle modern-day appraisals with pinpoint accuracy designed to eliminate bias and urban pricing discrepancies as homebuyers migrate between the suburbs and major cities. In fact, almost 20% of modern companies are fully remote as of 2024 , according to the U.S.
“Our goal has always been to provide clients with the most advanced, efficient and reliable tools available,” ClearValue CEO Don Juhl said in a statement. “By By integrating Restb.ai’s technology into Certainty, we are taking a leap forward in appraisal modernization. general manager of valuations, said in a statement.
UWM’s Jason Bressler and Google’s Oliver Parker United Wholesale Mortgage (UWM) , the top mortgage lender in America, on Tuesday announced a strategic AI agreement with Google Cloud that the companies say will bring modernization to the mortgage industry.
HomeFinder AI users can type their exact search parameters into the platform — including phrases like a “modern kitchen with tons of natural light” or a “spacious backyard with a pool” — and they will be matched with properties. At Howard Hanna, we’re always looking for innovative ways to enhance the client experience.
Real estate valuation technology provider Clear Capital on Thursday launched Universal Data Collection (UDC), a product designed to support appraisal modernization. The UDC product provides lenders with tools for scalability, interchangeability and loan management, according to a statement.
To help you decide, weve put together a list of the best real estate broker transaction management software tools out there. Whether youre looking for streamlined team collaboration, powerful back-office solutions for your growing brokerage or tools that keep things simple, weve got you covered. Transaction Center (Source: Rechat.
The report, titled “The Modern Credit Challenge: Mortgage & Real Estate Professional & Consumer Research,” highlights credit health needs from IDIQ partners and consumer insights. The report also introduces a solution with IDIQ’s newly launched credit-building tool, CreditBuilderIQ®, based on the feedback provided.
Editor in Chief Sarah Wheeler sat down with Kenon Chen, executive vice president of strategy and growth at Clear Capital , to talk about appraisal modernization and how technology is just part of the solution. SW: Is the end goal of appraisal modernization to replace appraisers?
However, a year after the GSEs announced new appraisal modernization solutions, as they’re more widely adopted, questions arise. A look into GSE appraisal modernization efforts The GSEs have each offered appraisal waivers on eligible loans for several years. How do the solutions work? Why do we need them? But you already know this.
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.
What sets ICE apart is how they’ve united different tools into a single platform. By doing so, ICE helps its clients cut down on mistakes, speed up workflows, and offer a modern lending experience that works better for both borrowers and industry professionals.
Yet our compensation systems still fail to reflect the contributions of working women, caregivers, and nontraditional workers who are the backbone of the modern economy. We have the data, the tools, and the technology to build a system that reflects how people live and work today. Nowhere is this more apparent than in childcare.
Artificial intelligence (AI) tools equip real estate agents with unprecedented capabilities. While ChatGPT has become a go-to tool for many of us, predictive analytics tools offer a more efficient, data-driven approach to generating new client leads. When you buy through our links, we may earn a commission. Visit Top Producer 2.
” Eichler homes are mid-century modern homes built in California in the 50s and 60s by Joseph Eichler. Maybe they’re considering a mid-century modern home and encountered the term “Eichler.” The tool represents more than just a feature update it’s a strategic response to evolving search behavior.
Certainty , a crucial tool for lenders and valuation providers, will now leverage Restb.ai’s powerful AI technology to enhance its capabilities. Our goal has always been to provide clients with the most advanced, efficient and reliable tools available,” said Don Juhl, CEO & co-founder of ClearValue Consulting. “By
From enhancing curb appeal to modernizing accents, these simple yet effective tips will elevate your listing and help you sell it faster. Add final touches with modern enhancements 13. Changing out the old hardware and other dated fixtures is a quick way to modernize a home. Why is home staging important?
Department of Housing & Urban Development (HUD) has published a Final Rule in the Federal Register to modernize and strengthen regulations for the HOME Investment Partnership Program (HOME). HOME is one of the largest federal grant programs specifically for creating housing for disadvantaged households.
At the end of the day, real estate is incredibly local and you have to be able to build tools that are able to handle that. The post In the race to modernize title, firms double down on software appeared first on HousingWire. We’re position well to do that because building that software is our primary business.”.
By working with more precise tools, industry professionals will gain important insights to both maintain a competitive edge in the current market and position themselves for future success. The post The homegenius family of companies offers a variety of modern digital solutions for real estate professionals appeared first on HousingWire.
The company plans to use the $37 million raised from the latest funding round to advance technology innovation, invest in artificial intelligence and machine learning tools, and to expand its client base. The post Tech firm Polly bulks up to help modernize mortgage industry appeared first on HousingWire.
Upgrade your house numbers (Cost: $ ) Large, modern numbers enhance the entry’s look and visibility. Modern light fixtures, pathway lighting, and accent lighting around the home’s exterior not only highlight key features but also provide added security. Updated lighting adds a modern touch and enhances the home’s entire appearance.
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.
Here it is: another article about appraisal modernization. The FHFA RFI responses to appraisal modernization are a treasure trove of insight into ideas and options for modernization from a wide variety of respondents. No doubt, investment in modernization is needed in the appraisal process.
The collaboration offers Luxury Presences clients the ability to promote upcoming auctions, in addition to using the Concierge Auctions platform as a tool in the buying and selling of high-end listings , according to a press release.
By writing and maintaining all of the code along with investing heavily in putting together a world class modern IT infrastructure that efficiently leverages a mix of modern technologies like the public cloud and API based software architectures, UWM has been able to turn on a dime and stay well ahead of shifts in the market utilizing technology.
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. Market Leaders advanced newsletter automation tool can help. In this article, weve compiled 49 compelling real estate newsletter ideas and subject lines. Lets dive in!
After joining LoanPASS in 2022 for its newly created CRO position, he began having conversations with the company about side-by-side tools that can allow lenders to better understand the potential utility of adding reverse mortgages to their product suites.
Appraisal modernization is vital. Gareth Borcherds , managing director Ascent Software Group outlines the three categories to be aware of, how appraisal modernization can help scale new initiatives and more in this executive conversation. Many reasons given for appraisal modernization stem from appraisal turnaround times.
The key to appraisal modernization is wide-spread adoption, and alongside CoreLogic, we are expanding access to modern appraisal tools with the aim of pushing the mortgage industry closer to this new standard,” Kenon Chen , Clear Capital’s executive vice president of strategy and growth, said in a statement. “The
driven tool, enabling us to capitalize on trends that drive performance, she said. She cited the full integration of the companies retail platforms, and the expansion of the proprietary second-lien reverse mortgage product to become a key fixture of the companys strategy including by making it available to wholesale partners.
Consumer-First Servicing Modernization: Servicing comprises the vast majority of a customer’s borrowing lifecycle, and Sagent CARE brings the same modern experience borrowers get in the origination space to servicing, where lifetime customer relationships are managed and grown. They can also act fast and resolve hardships.
Phoenix Burst Website: phoenixburst.ai/ For decades, efforts to modernize the mortgage industry have fallen shortnot for lack of ambition, but because regulatory compliance consumes the majority of time, budget, and focus needed to drive real innovation. And this is what will make mortgage modernization possible at last.
The reality is that modern mortgage operations run on multiple platforms loan origination systems, servicing software, payment processing tools, and customer relationship management systems. Yet many lenders still struggle with a critical challenge: getting their various technology systems to work together seamlessly.
The drive toward modernization has led to technological advancements and more data-driven valuations, which leaves many appraisers at a crossroads: while these changes can lead to greater efficiency and fairer home valuations, adopting new tech can be scary. Many of us find it challenging, or even maddening, to learn new tech tools.
Home price indices are valuable tools to help lenders understand trends and changes in the housing market. Data and analytics can also enhance a lender’s arsenal of tools in identifying risk and opportunity. Existing home price indices are released months after the market activity occurs, making it difficult for them to add true value.
GoFormz provides the tools necessary to meet this demand, enhancing client experiences and operational workflows. Modernizing consultations with GoFormz can eliminate these issues. Using online forms for client consultations presents a polished and modern image. Why Choose GoFormz for Modernizing Consultations?
Servicing teams must manage shifting delinquency rates, regulatory demands that may pivot with each new administration, and ever-increasing operational costs while keeping their fingers on the pulse of the modern consumer and advancing technology. Q: How are you and your organization working to meet those challenges?
Stay competitive in 2025 with essential digital tools for construction businesses The construction industry is projected to reach a global market value of $14.4 The right digital tools can help construction companies stay competitive, improve efficiency, and meet evolving regulatory demands. Yet, despite this growth, up from $7.28
While most claim to be innovative and different, it is evident that the organization genuinely values their team members and agents who are not only highly knowledgeable, but are redefining what a modern brokerage looks like by offering tools that allow agents to work smarter and sell more.
ZPA is a great tool to gain exposure for your listings and show your expertise on one of the most popular listing platforms in the country. Seamlessly blending historic elegance with modern luxury, this 5 bedroom 3.5 Again, dont copy anything, but you can certainly start to craft your own voice. Visit Zillow Premier Agent 4.
Describing the modern-day mortgage market as challenging would be an understatement, to say the least. Its the perfect tool for lenders looking to help more borrowers and one company is positioned to help you harness it. Target investors with DSCR products: Equip originators with the tools to tap into the growing investor market.
More financing tools and counseling programs can also help preserve the affordable housing stock and ensure that all households live in safe and adequate housing. There is both a market opportunity and a moral imperative to expand improvement and repair services for these homeowners, said Sophia Wedeen, a senior research analyst at JCHS.
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