Having a seamless, workflow-driven valuation management process allows for quick, easy configurations and will all but eliminate manual touch-points.
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Having a seamless, workflow-driven valuation management process allows for quick, easy configurations and will all but eliminate manual touch-points.
Read MoreTopics: AMCs, Lenders, Mortgage Companies, Credit Union, Appraisal Process Management, eTrac Enterprise Solutions, MARS, residential mortgage industry, appraisal software, appraisal technology, MISMO, UAD, Compliance, collateral management, GSE
The Appraisal Institute® recently announced that it has launched an information system—known as the “Property Use Classification System” (PUCS)—which classifies and describes property uses and assists real estate analysts and others with their property use data storage and analysis.
Read MoreTopics: Commercial, Appraisers, AMCs, Lenders, Mortgage Companies, releases, Appraisal Process Management, appraisal technology, technology
When the mortgage industry thinks about the benefits of valuation management technology, it’s generally associated with compliance adherence, cost reductions, and efficiency gains. However, one key piece of functionality is typically absent from not only the minds of most decision makers, but also from most online appraisal management platforms: configurable workflow automation.
Read MoreTopics: Lenders, Mortgage Companies, Credit Union, AMCs, Appraisal Process Management, appraisal technology, eTrac Enterprise Solutions, residential mortgage industry, cloud computing, technology, collateral management, Vendor Management
According to a recent study from Realtor.com®, home price cuts have begun increasing across the country. The company believes this may be an indication of a higher number of sellers beginning to react to “buyer fatigue” and adjusting their prices accordingly.
Read MoreTopics: Lenders, Mortgage Companies, Credit Union, AMCs, Appraisers, residential mortgage industry
The proliferation of both mobile devices, and their many useful applications, has clearly demonstrated how businesses can leverage the power of mobile communications and computing to improve their overall productivity and revenue.
Read MoreTopics: Lenders, AMCs, Appraisers, Mortgage Companies, Credit Union, eTrac A.T.O.M., eTrac Enterprise Solutions, Appraisal Process Management, appraisal technology, residential mortgage industry, technology, cloud computing
The CFPB recently announced that it will begin working in collaboration with 11 financial regulators from across the world on fintech regulation efforts – known as the Global Financial Innovation Network (GFIN).
Read MoreTopics: Lenders, AMCs, Mortgage Companies, Credit Union, Appraisers, servicers, CFPB, Compliance, Regulations, technology
Everyone knows how efficient text messaging can be to communicate important information, yet most of today’s valuation management technologies have failed to adopt this common utility into their software and workflows.
Read MoreTopics: Lenders, AMCs, Mortgage Companies, Credit Union, appraisal technology, appraisal software, Appraisers, Appraisal Process Management, eTrac Enterprise Solutions, Global DMS, eTrac A.T.O.M., residential mortgage industry, technology, Vendor Management
HousingWire recently reported that the Trump Administration has called for a series of changes to the country’s financial and mortgage ecosystems. If realized, these changes would speed up the financial industry’s tech revolution and revise the current regulatory environment.
Read MoreTopics: Lenders, Mortgage Companies, Credit Union, AMCs, Appraisers, Regulations, Compliance, proposals, technology, servicers
Fannie Mae recently announced that effective immediately, it will no longer require Form 1004MC (known as the Market Conditions Addendum) as part of appraisal reports. The GSE’s Selling Guide has been updated to reflect this change.
Read MoreTopics: Lenders, Mortgage Companies, Credit Union, AMCs, Appraisers, Fannie Mae, GSE, Appraisal Process Management, Compliance, appraisal forms, collateral management
Low inventory has been the common theme within the mortgage industry for the past few years, but recent data from Realtor.com® shows that this continuing trend could be about to change.
Read MoreTopics: Lenders, Mortgage Companies, Credit Union, AMCs, residential mortgage industry
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