Housing Wire

JUNE 22, 2023

In the letter , addressed to FHFA Director Sandra Thompson , the associations ask for “reasonable” building inspection requirements for aging infrastructure. In addition, the groups “request transparency in the process of developing final guidelines for condo and housing cooperative lending requirements.” “Any the letter states.

Lending 370

Lending Inspection Development Loans 370

Housing Wire

MAY 2, 2021

To help mitigate these pain points, Incenter Appraisal Management is offering remote BPO and remote inspection capabilities paired with AVMs. Incenter’s Remote BPO and remote Inspections don’t require homeowners to download mobile applications and take pictures on their own. Mark Walser, President of Appraisal Management.

Inspection 370

Inspection Technology Lending Equity 370

Housing Wire

FEBRUARY 3, 2025

More than just an accolade, this award highlights organizations that are transforming the housing sectorenhancing efficiency, transparency, and accessibility in ways that reshape the future of mortgage lending. These companies are at the forefront of solving the biggest challenges mortgage professionals face every day.

Mortgages 417

Mortgages Title Lending Loans 417

Keeping Current Matters

JANUARY 26, 2021

In most cases, an appraisal is ordered by the lender to confirm or verify the value of the home prior to lending a buyer money for the purchase. It’s also a different step in the process from a home inspection , which assesses the condition of the home before you finalize the transaction. Home Inspection.

Inspection 336

Inspection Lending Banks Mortgages 336

Housing Wire

OCTOBER 12, 2021

At each stage of the buying process, there are multiple siloed transactions, from appraisals, inspections and settlements to mortgage payments and homeowners’ insurance. Digitalization in the home lending industry does not always require companies to entirely invent new technology solutions. However, it’s important.

Lending 370

Lending Technology Loans Industrial 370

Housing Wire

NOVEMBER 4, 2020

In addition, servicers need to maintain relationships with a number of outsourcers who are not being paid during the moratorium, including foreclosure attorneys, eviction attorneys, inspection providers, real estate companies, appraisers, property preservation vendors and REO suppliers.

Lending 395

Lending Investor Inspection Loans 395

Housing Wire

JUNE 7, 2022

On the servicing side, a default servicer will work with a number of third-party vendors to gather collateral valuation, title information, property inspections and field services reports. The post Are these factors creating chaos in your mortgage lending ops? The servicing platform can place the orders easily enough, but then what?

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Lending Mortgages HR Title 393

Housing Wire

OCTOBER 1, 2024

The Federal Housing Administration (FHA) on Tuesday issued an informational notice to mortgage lenders in which it reiterates various loss-mitigation options afforded to companies and borrowers who are engaged in FHA lending programs in presidentially declared major disaster areas (PDMDAs).

Inspection 476

Inspection Pre-approval Loans Principal 476

Housing Wire

MAY 3, 2024

They are also aware that they can negotiate on price and terms up front, as well as negotiate at inspection. Difficult inspections have been on the rise over the last few months. Stringent lending standards In the aftermath of the 2008 housing crisis, lax lending standards were identified as a major contributor.

Pre-approval 455

Pre-approval Lending Inspection Equity 455

Housing Wire

MAY 24, 2022

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. However, they have several more pressing priorities when it comes to what they’re investing in.

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Lending Loans Inspection Industrial 501

Housing Wire

AUGUST 5, 2022

It becomes even more important in a highly competitive lending environment, as everyone is trying to give borrowers the fastest and best experience while maintaining process integrity. Tasks like scheduling, property inspection and driving comps adds a great deal of time to the process.

Inspection 435

Inspection Lending Industrial Technology 435

Housing Wire

JANUARY 14, 2022

Collateral valuation is a critical component of mortgage lending and the home sales process. During the course of the pandemic, mortgage professionals have seen origination volumes for refi and purchase skyrocket as they have simultaneously faced challenges of accessing properties and completing in-person inspections.

Inspection 435

Inspection Lending Technology Industrial 435

Housing Wire

APRIL 8, 2021

First, the pre-approval letter tells the seller that you are serious about buying a home and that you have a commitment from a reputable lender on how much it will lend to you. Use the home inspection as a bargaining chip: After the appraisal, getting the home inspected is another major part of the home-buying process.

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Pre-approval Inspection Lending Staging 468

Housing Wire

AUGUST 13, 2024

The Consumer Financial Protection Bureau (CFPB) on Tuesday released an advisory opinion stating that contracts for deed are under federal home lending rules and should provide consumer protections. Home prices are usually inflated, inspections are not made, and loans have high interest rates and balloon payments. among subprime loans.

Mortgages 482

Mortgages Land Lending Finance 482

Housing Wire

OCTOBER 14, 2020

Inspex is a new, DIY home inspection and valuations app that empowers lenders to provide their customers with a simple, contactless option. Not just a photo-collection tool, Inspex significantly reduces inspection wait times by as much as 50 percent – improving the experience for everyone. Inspex TM by Xome. Product Fast Facts: #1.

Inspection 370

Inspection Lending Equity As-is 370

Housing Wire

FEBRUARY 6, 2024

The product is completed from the desk of Opteon’s commercial staff appraisers in just 2-3 business days without requiring an inspection. Opteon is committed to bringing innovative solutions to the entire lending industry. The information therein enables underwriters to make informed decisions quickly.

Commercial 468

Commercial Lending MLS Inspection 468

Housing Wire

JULY 22, 2024

Well established and effective quality control programs contribute to community stability by promoting responsible lending practices and ensuring the accuracy of the data obtained through the property appraisal process.

Lending 447

Lending VA loan Banks Investor 447

Housing Wire

AUGUST 31, 2023

Property data collection consists of a complete interior and exterior inspection of the subject property. Freddie Mac announced automated collateral evaluation (ACE) as a new solution and Fannie Mae followed not long after with the introduction of Property Inspection Waivers (later renamed Value Acceptance).

Loans 418

Loans Inspection Lending Technology 418

Housing Wire

MAY 23, 2023

It’s a problem, it’s real, it’s documentable,” said Shannon Johnson, Touchless Lending product manager at Tavant. The need to physically inspect each property will be replaced with data or other inspection options in many cases. To learn more about Tavant’s Touchless Lending platform, click here. You can’t ignore it.

Technology 397

Technology Lending Inspection As-is 397

Housing Wire

MAY 2, 2021

We continue to see the benefits of using advanced AI and machine learning techniques when developing new mortgage lending solutions,” said Ann Regan, Executive, Product Management at CoreLogic. The performance, delivery and pricing of each THV solution are customized to unique needs of each lending use case.

Lending 382

Lending Technology Loans MLS 382

Housing Wire

DECEMBER 1, 2021

eMerge, a company that offers alternative valuation solutions, including broker price opinions (BPOs), will allow Accurate Group to increase its broker network and leverage property inspection technology, the company said.

Title 435

Title Technology Inspection Closing 435

Housing Wire

APRIL 2, 2024

Larry Steinway, VP producing area sales manager at New American Funding He joins NAF from Revolution Mortgage , where he served as branch production sales manager and SVP of mortgage lending for a little over a year. Chicago, I think, is suffering more than most markets in the United States.

Loan Officer 448

Loan Officer Loans Finance Mortgages 448

Housing Wire

DECEMBER 1, 2020

Land Gorilla founder and CEO Sean Faries is relentless in his pursuit of technology innovations that drive efficiency while simultaneously reducing risk in construction and renovation lending. Faries believes technology should enhance digital experiences for all project stakeholders.

Land 317

Land Lending Branding Construction 317

Housing Wire

SEPTEMBER 13, 2023

The mortgage ecosystem evolves quickly, with different sub-sectors such as lending, loan aggregation as well as loan securitization being impacted, Sean Begley, senior director of business development at CAPE Analytics, told HousingWire.

Inspection 418

Inspection Investor Loans Technology 418

Housing Wire

SEPTEMBER 23, 2021

Remote inspections have the power to make homeowners and appraisers more comfortable. Incenter Appraisal Management’s new remote appraisal inspection tool streamlines the appraisal process while ensuring appraisers stay in control of the inspection and data collection. User-friendly for everyone.

Inspection 397

Inspection Technology Industrial Lending 397

Housing Wire

MARCH 10, 2023

” In a statement Friday, Accurate Group said it has completed more than three million property data inspections and hybrid appraisals through its ValueNet suite of products. Our appraisal, property inspection, title and closing technologies are designed to plug into any digital platform.”

Title 397

Title Inspection Lending Closing 397

Housing Wire

FEBRUARY 1, 2023

Once the loan is closed, UWM claims it will handle the rest of the process by staying in direct communication with the builder on subsequent draws, as well as subsequent inspections, to confirm the project is on pace.

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Construction Loans Loan Officer New Construction 418

Housing Wire

JUNE 21, 2022

Selling a home typically involves nearly 10% in transaction fees between real estate agents , title companies, inspections, and other expenses. Instead, we prefer a “certified” pre-owned car that has gone through a multi-point inspection with all of the preventative maintenance up to date. Jeff Ball is CEO of Viseo Lending.

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Investor FHA loan Inspection Renovation 435

Housing Wire

APRIL 13, 2021

Richardson also noted that there have been fewer property inspection waivers issued by Fannie Mae in the last several months, keeping appraisers, inspectors and others in valuation very busy.

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Marketing Option period Lending Loan Officer 535

Housing Wire

JANUARY 7, 2021

With the integration, Blend will have access to the companies Dual AUS functionality – a product unveiled in 2018 with the ability to run an application through both systems and quickly identify property inspection waivers early on in the process. Though that need may have started long before the pandemic.

Mortgages 355

Mortgages Lending Loans Investor 355

Housing Wire

JULY 15, 2021

Throughout the process, Davis faced common issues, such as being outbid on a property and encountering unexpected defects in homes she toured that wouldn’t have passed inspection. But with HomeFree-USA and Citi by her side, she faced each challenge head-on with a supportive lending partner that helped minimize fallout.

Lending 418

Lending Development Mortgages Inspection 418

Housing Wire

AUGUST 14, 2023

Appraisal modernization is generating a lot of buzz in the real estate lending industry. The real estate lending market is more competitive today than it has ever been. Others are marketing and claiming first-mover innovation on technology capabilities, such as mobile property inspections, that have existed for years.

Technology 370

Technology Title Staging Loans 370

McKissock

JULY 20, 2021

Appraisers often balk at assignments that require a more detailed inspection of the subject property (e.g., ” Do you believe you are acting as a home inspector when you complete a property inspection as part of an FHA assignment? Appraisers perform similar inspections, to one degree or another, in most appraisal assignments.

Inspection 105

Inspection Residential Construction Development 105

Housing Wire

OCTOBER 26, 2020

In times like these, the “one-stop-shop” approach to the servicing and lending process has become even more appealing, and there is a company providing that in a flexible capacity: Xome. Inspex solves an issue unique to 2020 by adding flexibility for homeowners who may not be comfortable with a vendor in-home inspection.

Technology 397

Technology Inspection Title Loans 397

Housing Wire

SEPTEMBER 9, 2021

For example, from a scheduling standpoint, 58% of survey respondents stated they would be very likely/likely to self-schedule their appraisal, inspection and/or closing appointment online if the option was available to them. if the option was available to them.

Mortgages 448

Mortgages Technology Inspection Closing 448

Housing Wire

AUGUST 21, 2023

469 LoanStar Technologies 1,241% 2016 Enabling lenders to connect and lend to customers who are traditionally underbanked or unbanked. 497 BOSSCAT 1,175% 2018 Digitizing home inspection data to create instant repair estimates for homeowners and real estate professionals. 4,105 FirstCloseFirstclose. 4,105 FirstCloseFirstclose.

Equity 370

Equity Technology Investor Residential 370

Housing Wire

NOVEMBER 20, 2020

Artificial Intelligence company Quantarium announced on Thursday its partnership with Valligent Technologies to launch a condition adjusted “Quantarium Valuation Model” for equity lending, broker price opinions and real estate owned valuations. It can also factor in the effects of local events like foreclosures and recent sales.

Technology 448

Technology Mortgages Commercial Inspection 448