Mobile technologies (like smartphones and tablets) have greatly reduced turn-around times and overhead costs for businesses, because they allow professionals to efficiently work form anywhere using single-purposed applications that are designed to automatically streamline key business processes.
Read MoreTopics: Lenders, AMCs, Mortgage Companies, Credit Union, Appraisal Process Management, appraisal technology, eTrac Enterprise Solutions, residential mortgage industry, cloud computing
The American Society of Appraisers (ASA) and 15 other organizations recently sent a letter to several federal agencies—including the Federal Reserve, FDIC, and OCC—requesting that a public meeting be held as part of the process to determine whether to increase the residential appraisal threshold from $250,000 to $400,000.
Read MoreTopics: AMCs, Appraisers, Lenders, residential mortgage industry, Compliance, Regulations
Does your current valuation management software automatically centralize your supporting documentation? Better yet, can it do this per appraisal order and based on your clients’ specific requirements?
Read MoreTopics: eTrac Enterprise Solutions, Global DMS, Appraisal Process Management, appraisal technology, appraisal software, technology, Lenders, AMCs, Mortgage Companies, Credit Union, residential mortgage industry
A recent survey from the MBA—known as the 2019 Commercial Real Estate Finance (CREF) Outlook Survey—showed that a majority of commercial and multifamily mortgage originators expect 2019 to be another strong year.
Read MoreTopics: Commercial, Lenders, Mortgage Companies, Credit Union, AMCs, EVO-C, news
Next week, the FHA will begin implementing several updates for its EAD portal and other appraisal-related functionality in FHA Connection. According to the Administration’s announcement, changes will be made to the Appraisal Logging screen, appraisal transfers, and digital signatures on appraisals.
Read MoreTopics: Lenders, Mortgage Companies, Credit Union, AMCs, appraisal technology, Appraisal Process Management, Compliance, releases, technology, collateral management
During the First Quarter of 2019, Global DMS will be sending its representatives to several industry events throughout the country, who are looking forward to both networking with new contacts as well as catching up with old peers.
Read MoreTopics: Mortgage Industry Conferences, Trade Shows, Global DMS, Global DMS Employees, Lenders, Mortgage Companies, AMCs, Credit Union, eTrac Enterprise Solutions, EVO-C
We all know the importance of appraisal-related forms and reports, as these essential components of the valuation process help monitor turn-times, improve overall performance, and assist with reviews – among many other things.
Read MoreTopics: Lenders, Mortgage Companies, Credit Union, AMCs, appraisal technology, Appraisal Process Management, eTrac Enterprise Solutions, webforms, appraisal forms, collateral management, Vendor Management
Those that utilize an in-house appraisal panel understand its many benefits, but also its many stresses – especially when dealing with inadequate valuation software.
Read MoreTopics: AMCs, Lenders, Mortgage Companies, Appraisal Process Management, appraisal technology, residential mortgage industry, eTrac Enterprise Solutions, Global DMS, Vendor Management, collateral management, Compliance
Mortgage News Daily recently reported that Freddie Mac’s Economic and Housing Research Group has issued its October Forecast, which includes predictions into 2020.
Read MoreTopics: Lenders, Mortgage Companies, Credit Union, AMCs, Appraisers, residential mortgage industry, Freddie MAC, GSE
Keeping track of the statuses of all your appraisal orders can be an arduous task. Couple that with managing your vendors’ licensing and E&O statuses at the very same time, and this process can seem almost impossible.
Read MoreTopics: Lenders, Mortgage Companies, Credit Union, AMCs, Vendor Management, Appraisal Process Management, appraisal technology, eTrac Enterprise Solutions
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