When looking at issues in the mortgage industry, there’s a noticeable number of problems revolving around efficiency. It isn't about having enough appraisers to go around; it's about making them more ...
Lenders are facing increasing pressure to modernize their home lending operations, lower costs, and reduce risk following a rapid rise of interest rates and resulting cooling of the housing market.
Traditionally, appraisal reviews have required lenders to have a team of underwriters in place to manually review data to ensure accuracy and completeness. This process is time-consuming and the use ...
In what is perhaps the most traditional sector of housing, change has arrived. However, a year after the GSEs announced new appraisal modernization solutions, as they’re more widely adopted, questions ...
No-appraisal equity loans rely on automated valuation models, drive-by and desktop appraisals to assess the value of your home. Using these methods speeds up the valuation process and costs less than ...
FORT WORTH – Tarrant County homeowners could soon see significant changes to their property tax bills if the Tarrant Appraisal District Board gives final approval to reforms it approved earlier this ...