Have you heard? Traditional home appraisals are no longer the industry standard. The appraisal process has been long overdue for modernization, and appraisal management technology is quickly becoming the go-to strategy for lenders, servicers and loan originators looking to speed up loan cycle times without sacrificing quality or accuracy. It was only a matter ofRead more
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Mortgage lenders and servicers need better, more accurate reporting, and the appraisal management function is long overdue for improvement. Keeping an eye on appraisal status, appraiser turn times and revisions rates is helpful, but retroactive reporting can only take you so far. To really transform appraisal management, lenders and servicers are tapping intoRead more
Inflation, high interest rates, declining home sales and global economic uncertainty continue to be top-of-mind for real estate lenders and consumers in 2023. The past few years have been full of unexpected challenges for real estate lenders so now is the perfect time to reflect, reprioritize and set business resolutions for the rest of theRead more