Tag Archives: home equity

A Safer Alternative to BPOs?

Social Media Appraisal Tip Green Broker Price Opinions (BPOs) can be risky due to improper record keeping, lack of consistent standards and compliance regulations that differ from state to state. These issues can leave lenders using BPOs vulnerable to scrutiny. But with the cost of... Read more

Credit Report Reliability is About to Change

Beginning on July 1, 2017 the nation’s 3 largest credit bureaus will implement a reporting change that will significantly reduce the amount of tax-lien and civil-judgement information reported within consumer credit reports. This change, which was implemented under the National Consumer Assistance Plan (NCAP), will result in the elimination of the above reported items if consumers ... Read more

ValueNet video: the best desktop appraisal technology

valuenet-video-appraisal-technology Watch the ValueNet video for an overview of the ValueNet appraisal technology platform. With both interior and exterior inspection options, support for loans over $250,000 and a 17-year track record, ValueNet can help you improve the profitability of your home equity, HELOC and portfolio loan businesses.   Explore this... Read more

The HELOC reset challenge – tackle them now

How HELOC resets can hurtIf you haven’t tackled your home equity line of credit (HELOC) reset loans yet, now is the time. The market has entered the peak volume period for 10-year HELOCs coming due – $158B worth of HELOC loans will need to... Read more