Your Daily Dose of Real Estate News
VOE/POS, White Label, Equity, Business Intelligence Tools;… NewBroker and Lender Products, Software, and Services Ever gone to pick up a prescription only to be told it needs prior authorization? The request leaves the provider’s system and lands in the health insurer’s, but neither system updates the other, so you end up calling the insurance company yourself to find out whether the drug is covered. Home equity runs on the same handoffs. Valuation, title, and flood certification each sit in a separate file with no automatic sharing, so a processor logs into each one by hand just to learn where a loan stands. With U.S. homeowners holding a…
Non-QM Underwriting, Settlement, QC, AI Processing Tools;… New“My wife says I only have 2 faults. I don't listen, and something else…” Communication matters. How many LOs wear a pin out in public that says, “Business is great!” so strangers will ask them what business they’re in? Probably not many, but maybe it is worth a try to start a conversation? (On today’s The Big Picture, Chris Whalen will be having a conversation about the current market.) Speaking of “getting the word out,” with business having slowed somewhat many companies ae looking at their technology, and Chrisman Demo Day is today at 1PM ET. It is a fine,…
The Independence Factor: Why An Appraiser Union…It comes up three or four times a year on Facebook groups and the online forums. Appraisers look at all the modernization changes, the legislative battles, and the daily frustrations with AMCs, and they ask: “Why don't we have a union? If we just had a union, we could stop this.” Look, I am boots on the ground, appraising every single day. I am in the trenches, and I am completely frustrated. We deal with AMC abuses, lender pressure, and a massive wave of industry changes. I also understand the appeal of a union. There is absolute strength in numbers,…
