According to Redfin’s recent Housing Demand Index—a monthly dataset that measures the demand for housing—the number of buyers making offers on homes has continued to fall.
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According to Redfin’s recent Housing Demand Index—a monthly dataset that measures the demand for housing—the number of buyers making offers on homes has continued to fall.
Read MoreTopics: Lenders, Mortgage Companies, residential mortgage industry, Credit Union
The FDIC has approved a final rule that will double the appraisal threshold for commercial real estate transactions, which will soon be adopted by the OCC and the Board of Governors of the Federal Reserve System.
Read MoreTopics: Lenders, AMCs, Mortgage Companies, Compliance, Regulations, Appraisal Process Management, Credit Union
Have you ever tried to implement a new software platform only to find that it can’t be configured to match your specific business model? This unfortunate norm not only frustrates staff, it requires organizations to completely alter their processes to accommodate the new system – leading to confusion, longer turn-times, and increased risk.
Read MoreTopics: Lenders, Vendor Management, collateral management, appraisal software, eTrac Enterprise Solutions, Mortgage Companies, Global DMS, Compliance, residential mortgage industry, mortgage software, Appraisal Process Management, Credit Union
The Mortgage Industry Standards Maintenance Organization (MISMO®) recently announced that it is inviting industry professionals to collaborate in a new effort to create a more trustworthy, verifiable process that provides assurance that loan documents and associated data are consistent, reliable, and unaltered.
Read MoreTopics: Lenders, Mortgage Companies, technology, Compliance, MISMO, mortgage software, Credit Union
For the first time, Global DMS is heading to the upcoming Black Knight Information Exchange event in Orlando, where we will be exhibiting our residential valuation management platform eTrac® in booth #21 on the tradeshow floor.
Read MoreTopics: Lenders, appraisal technology, appraisal software, eTrac Enterprise Solutions, Mortgage Companies, Global DMS, Compliance, residential mortgage industry, Mortgage Industry Conferences, Trade Shows, Appraisal Process Management, Credit Union
Every lender wants to know, what do borrowers want? To help answer this ever-present question, Fiserv recently conducted a study to help show the expectations and experiences of those looking for a loan or managing their wealth.
Read MoreTopics: Lenders, Mortgage Companies, Credit Union
Switching valuation management platforms for your real estate appraisal operations may seem like a daunting task that will only fill your team with anxiety. However, the cost of not switching—or switching to an inadequate software program—could have lasting impacts on your organization and its processes.
Read MoreTopics: Lenders, appraisal technology, Vendor Management, collateral management, appraisal software, eTrac Enterprise Solutions, AMCs, Mortgage Companies, Global DMS, Keeping Collateral Management Compliant, Appraisal Process Management, Credit Union
Many throughout the mortgage industry have been keeping their eyes on the rising interest rates, wondering how they will affect housing. Freddie Mac has taken notice to this subject as well, and in its recent February Insight report, the GSE looked at how these rising rates could impact the market.
Read MoreTopics: Freddie MAC, GSE, Lenders, Mortgage Companies, residential mortgage industry, Credit Union
President Trump’s planned tariffs on steel and aluminum not only interrupted the trade markets, they also led to the speculation of how the housing industry could be affected.
Read MoreTopics: Lenders, Appraisers, Mortgage Companies, residential mortgage industry, Credit Union
Having a seamless, workflow-driven valuation management process will allow for quick, easy configurations and will all but eliminate manual touch points. Lenders and AMCs that take advantage of this unique automation technology are sure to increase their own efficiencies, reduce costs, and become even more valuable to their consumer or lender-clients due to quicker turn-times and more accurate reports.
Read MoreTopics: GSE, Lenders, appraisal technology, eTrac Enterprise Solutions, Mortgage Companies, Global DMS, Keeping Collateral Management Compliant, MISMO, UAD, MARS, Appraisal Process Management, USPAP, Credit Union, AMC
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