We read with interest a recent academic survey of mortgage brokers (published in European Business Journal in March 2015) on the perceived impact that appraisal management companies (AMCs) have on mortgage brokerage business. I’m sure you’re not surprised (we weren’t) to hear that mortgage brokers don’t like AMCs. Brokers in general believe that AMCs limit... Read more
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iValueNet delivers a detailed interior property inspection at less cost to lenders
May 5, 2015
We are pleased to announce that our ValueNet division has officially launched a new interior property inspection solution – iValueNet. iValueNet is part of our market-leading ValueNet appraisal suite and is designed to give banks, credit unions and mortgage lenders an alternative to traditional, costly home appraisals. For the first time ever, lenders have a choice...
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Accurate Group adds residential and commercial title services talent
April 23, 2015
Today we announced that Accurate Group has hired two former executives from the FirstMerit Title Agency that was recently closed due to FirstMerit Bank’s decision to exit the title business. Kelly R. Westbury, FirstMerit Title’s former President and Laurice Petit, FirstMerit Title’s former Commercial Relationship Manager have joined the Accurate Group team effective April 20,...
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HELOC resets offer opportunity for lender leadership
March 23, 2015
HELOC reset warnings were issued early last year, but action taken by lenders was mixed. While HELOC resets pose a huge risk to both lenders and borrowers, there is also an opportunity for home equity lenders to step up and lead − perhaps even gaining market share and a competitive advantage. Many experts think the...
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