In the rapidly evolving world of mortgage lending, staying ahead of the curve is essential to maintain the competitive advantage and deliver an exceptional borrower experience. One of the most transformative advancements in recent years is the adoption of the Uniform Property Dataset (UPD) by top lenders across the industry. Designed to standardize property data...
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How Do Top Performing Lenders Keep Origination Costs Low?
September 25, 2024
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.
How can lenders remain... Read more
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...
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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.