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.
Key Themes from CBA LIVE
June 1, 2023
We spent three amazing days at this year’s CBA LIVE in Las Vegas discussing "What's NEXT" in challenges, trends and innovations impacting home equity lending.
Two of the most complex issues examined during the conference facing home equity lenders today are appraisal bias and fraud protection.
Helping to Mitigate Appraisal Bias
Concerns of how to appropriately combat appraisal... Read moreAppraisal Modernization: Does Your Current Vendor Have What It Takes?
Traditional Appraisals No Longer the Industry Standard
Traditional appraisals are no longer considered the default home valuation option, according to the updated Fannie Mae selling guide. The speed, accuracy and transparency servicers can achieve from digital mortgage and appraisal management technology has become a must-have. Tech-savvy lenders, originators and service providers are leveraging digital mortgage... Read moreReal Estate Lenders Playbook: Digital Mortgage Edition
Higher mortgage rates, record levels of home price appreciation, constrained housing inventories and economic inflation have lenders and borrowers on edge this year. Fannie Mae recently found consensus opinion among mortgage executives that both purchase origination and refinance activity will decline. In addition, Fannie Mae’s December 2022 report offered insights into the mortgage...
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