Results 1 - 10 of 1034
Posted Date: Thursday, July 24, 2014
We’ve all heard about green housing and energy-efficient features becoming the norm over the next few years, but there is another housing trend on the horizon that could reshape the American home.
According to the 2014 State of the Smart Home Report from “smart home” software developer Icontrol Network, housing is on the verge of getting a sci-fi makeover.
The 2014 State of the Smart Home Report shows that there is a big push for housing features and appliances that can be controlled by the user remotely.
The report, which was generated from answers given by 932 respondents to a December 2013 survey and by another online survey in April of 1,000 respondents, depicts a buyer demographic hungry for both convenience and safety enabled by the push of a button.
Posted Date: Monday, July 21, 2014
Clearbox LLC, a provider of compliance and data-management solutions for the appraisal industry, announced the release of its ClearOne product July 15 designed to more thoroughly vet real estate appraisers. ClearOne is a report that allows lenders, appraisal management companies and regulators to order a credentials report on appraisal professionals. Keep reading for the details.
Posted Date: Thursday, July 17, 2014
USRES, a provider of management solutions for real estate assets, announced July 15 it has completed an enhancement to its proprietary Valuation Portal, powered by RES.NET. The enhancement is intended to ensure the timeliness of the transaction while also allowing borrowers to feel comfortable when ordering an appraisal. The enhancement is also intended to give USRES clients added operational controls and oversight. Keep reading to learn all about the changes to USRES’ Valuation Portal.
Posted Date: Tuesday, July 15, 2014
Ellie Mae, a provider of on-demand software solutions and services for the residential mortgage industry, announced July 9 that Homeward Residential Inc., a subsidiary of Ocwen Financial Corp., is participating as an investor in Ellie Mae’s Total Quality Loan program. Keep reading for the details.
Posted Date: Wednesday, July 09, 2014
Author(s): Amy Swinderman
Since the development of the first commercially marketed automated valuation model (AVM) in 1981, appraisers, investment professionals and lending institutions have been using these powerful, technology-driven reports to calculate a property’s value at a specific point in time by analyzing values of comparable properties.
By the dawn of this millennium, AVM technology was used primarily by institutional investors to determine risk when purchasing collateralized mortgage loans. Today, AVMs are often deployed by mortgage lenders to determine a property’s worth. They are particularly useful in assessing the value of a property and are an important tool in the belts of many successful appraisal professionals who use them to streamline their business and save time, money and resources.
Posted Date: Tuesday, July 08, 2014
ISGN Corp., a provider of technology solutions and services to the U.S. mortgage industry, announced Trinity Inspection Services LLC has integrated with ISGN’s TCL product, providing construction lending Web-inspection services that streamline the lending process, eliminate duplicate data entry and provide significant enhancements for residential and commercial construction lending. Keep reading to learn about the product’s full capabilities.
Posted Date: Wednesday, July 02, 2014
A California-based appraisal management company and provider of valuation products and consulting services announced July 1 that it will begin offering its appraisals through Calyx Software’s Point loan origination system. Keep reading to see which AMC is adopting the LOS.
Posted Date: Wednesday, June 25, 2014
Global DMS, a Pennsylvania-based provider of Web-based compliant valuation management software, announced that PrimeLending, a national residential mortgage lender, successfully implemented its eTrac valuation platform to compliantly automate the lender’s entire appraisal process. Keep reading to learn what this might mean for PrimeLending and its appraiser clients.
Posted Date: Monday, June 23, 2014
RealtyTrac, a provider of housing data and analytics, released its Natural Disaster Housing Risk Report on June 18 based on the natural disaster risk for every county in the U.S. Areas are classified as one of the following: Very High Risk, High Risk, Medium Risk, Low Risk and Very Low Risk. The results of the report were compiled to create an interactive “heat map” that shows how risk fluctuates throughout the country when it comes to the likelihood of hurricanes, tornados and earthquakes, and also, how home prices fluctuate accordingly.
Users can use this freely available information to find disaster risk, home price information and additional property data for more than 110 million properties throughout the country on the RealtyTrac-run Homefacts.com simply by typing in a property address.
Posted Date: Monday, June 23, 2014
A la mode, a Florida-based provider of appraisal software, announced June 23 that Mercury Mobile, a free mobile app enabling appraisers to respond to new Mercury Network orders instantly, is now available for Android as a download using the Google Play store. Mercury Network powers more than 20,000 appraisal orders a day and is used by more than 600 of the nation’s lenders and AMCs to manage scalable, efficient and compliant valuation processes. The release of the Android version could have a significant and immediate effect on the industry’s efficiency. Keep reading to learn how.