Tavant adds automated asset analysis to its lending platform
TawantTouchless Lending, a Silicon Valley-based digital lending solutions provider, is adding a new product called Asset Analysis to its AI-powered digital lending platform. Asset analysis aims to automate the labor-intensive process of reviewing assets and multiple bank statements during underwriting to determine whether a borrower has enough to cover payments, closing costs and reserves for […]
Clear Capital and Corelogic Expand Partnership
Real Estate Appraisal Technology Provider clean capital announced on Thursday the expansion of its partnership with CoreLogic, Through an expanded partnership, Clear Capital recently launched universal data store The product will be available for order and fulfillment through CoreLogic’s suite of Evaluation Workflow Solutions, “The key to appraisal modernization is widespread adoption, and with CoreLogic, […]
Lenders should not be held responsible for the actions of appraisers
mortgage bankers association (MBA) filed an amicus brief on Friday consumer financial protection bureau (CFPB) and Department of JusticeInterest in setting a liability standard that would apply to lenders in cases of alleged bias by third-party appraisers. The mortgage trade group said it was concerned that the CFPB and DOJ would hold lenders liable for […]
CFPB staff sent 250,000 consumer data to personal email accounts
A consumer financial protection bureau The Wall Street Journal reported that a (CFPB) employee forwarded records containing personal information on approximately 256,000 consumers at one financial institution, as well as confidential supervisory information at 45 other institutions, to a personal email address. The agency, which is already under fire from Republican lawmakers, described the breach […]
Homebuilder Remodeling Market Sentiment Elevates in Q1
As homebuilder sentiment begins to pick up in the newly constructed single-family home market in 2023, so does builder sentiment in the remodeling market. National Association of Home Builders (NAHB)/Westlake Royal Remodeling Market Index According to data released on Thursday, the first quarter of 2023 is expected to increase by 70 points, one point higher […]
How to Connect Authentically With Your Community
Relationships matter more than ever in today’s market. Strong partnerships with real estate professionals are a start, but mortgage professionals must invest time and energy in engaging with their community at large. After all, the wider your circle of influence, the more business opportunities you have. But how do you involve yourself in your local […]
How Much Homeowners Insurance Do You Need?
Homeowners insurance is essential to protect your home, personal belongings and finances from unforeseen events such as natural disaster, theft or damage. However, determining the proper amount of coverage can be challenging for many homeowners. This quick guide will examine the important factors that affect the coverage needed, including location, age and condition of the […]
10 Best Affordable Boca Raton Suburbs To Live In 2023
Boca Raton, FLOne of the best places to visit in the Gulf Coast. With its waterfront views, great food scene, and infinite ways to spend your days, it shouldn’t come as a shock that Boca Raton is home to approximately 95,800 people. If you’re moving to Boca Raton, expect the median home sales price to […]
8 Best Affordable Naples Suburbs To Live In 2023
Nicknamed the “Paradise Coast,” Naples has become a destination for many people relocating to Florida. and if you are considering buying one house in naplesThere are three key points to keep in mind – the housing market is somewhat competitive, the median home sales price is $768,750, and the median sales price is $430 per […]
Better inflation data won’t sway the Fed
The Federal Reserve has repeatedly stated that they want the labor market to collapse, and that they will be satisfied only when the unemployment rate is much higher than it is today. That’s why they consistently forecast job-loss recessions with their high unemployment rate forecasts, and some Fed members talk of sending short-term rates much […]
