When transaction volumes are low and origination costs are high, the profitability of your overall lending business is at risk. The ebb and flow of the market is the nature of the real estate business. But with three years of back-to-back declines in loan origination, the pressure has reached an inflection point.
Navigate and Unlock the Potential of the New ROV Policy
July 30, 2024
In recent years, concerns about appraisal biases and inaccuracies have gained significant attention, prompting regulatory bodies to implement new policies to ensure more accurate and fair property valuations. The FHA and GSEs have responded by introducing a unified Reconsideration of Value (ROV) Policy designed to address the challenges of accurate and fair property valuations and...
Read more
Revolutionizing Real Estate: How Digital Appraisal Technology is Transforming the Industry
June 13, 2024
The real estate and mortgage industries are experiencing a transformation in how property appraisals are conducted and it’s not just a trend but a necessary evolution driven by the need for speed, accuracy, and transparency.
The Rise of Digital Mortgage and Appraisal Management Technology
In today’s fast-paced world, waiting days or even weeks for a traditional... Read more3 Ways Remote Online Notarization (RON) Can Help Your Lending Business
June 7, 2023
Traditionally, closing on a mortgage or home equity loan requires coordinating a lot of people, paperwork and signatures to happen at the same time and place. For both borrowers and lenders, this can be a source of frustration.
Typically, the average time to close a home loan is approximately 50 days and involves disparate technologies, people...
Read more