Veros Launches New Third-Party Tested AVM Cascade
Valuations technology firm Veros has launched an optimized independent third-party tested AVM cascade called ValuStream.
The new solution ensures reliability and performance with independent, third-party...
SingleSource Hires Daniel Figurski as Chief Appraiser to Lead Expansion of Valuation Services
Daniel Figurski has joined SingleSource Property Solutions, a provider of residential property services, as chief appraiser.
Figurski began his valuation career in 2012 as a...
MCT Updates its MSR Valuation Platform with Enhanced Analytics, Reporting
Mortgage Capital Trading (MCT), has released an updated version of its mortgage servicing rights (MSR) valuation platform that addresses the industry's growing need for...
Share of Mortgages in Forbearance Increased Slightly in November
The share of mortgages in forbearance increased three basis points in November compared with October, rising from from 0.47% to 0.50% of all loans,...
Rocket Mortgage Seeks to Have Appraisal-Related DOJ Lawsuit Dismissed
Rocket Mortgage reports that it has filed a suit in Federal District Court against the U.S. Department of Housing and Urban Development (HUD) to...
Appraisal Map Launches AVM Optimizer
Appraisal Map Inc. has launched AVM Optimizer, a tool that bridges the gap between automated home valuations and true property worth.
The new tool enhances...
A&D Mortgage Announces $390.6 Million Securitization of Non-QM Loans
Non-QM lender A&D Mortgage has issued its latest securitization, valued at $390.6 million.
The securitization is backed by a pool of 1,171 mostly newly originated...
Lora Helt Joins Ascribe as SVP of National Sales
Lora Helt has joined Ascribe, a national provider of residential and commercial valuation, evaluation, property inspection, and REO services to mortgage lenders and servicers,...
GSEs Expand Eligibility for Appraisal Waivers on Purchase Loans, Among Other Policy Updates
The Federal Housing Finance Agency (FHFA) has announced updates to several Fannie Mae and Freddie Mac policies including expanding eligibility for appraisal waivers on...
Fannie Mae Announces Winning Bidder on Pool of Non-Performing Mortgage Loans
VWH Capital Management, a minority and women-owned business, is the winning bidder on a pool of non-performing mortgage loans recently auctioned by Fannie Mae.
This...
Which NFL Divisions Have the Highest Priced Housing Markets?
Just for kicks, First American recently conducted an analysis of which National Football League divisions represent the most expensive housing markets.
The firm’s analysis shows...
Lack of Inventory Will Continue to Boost Home Price Appreciation
U.S. home prices are forecast to rise 3.1% over the next 12 months, according to valuations firm Veros.
That’s down from the firm's Q2 forecast...
iEmergent Downwardly Revises its Forecast After Weak Purchase Volume in 2024
Forecasting and advisory services firm iEmergent has downwardly revised its 2024-2026 U.S. Mortgage Origination Forecast and now expects lower-than-anticipated growth for the next two...
Veros Launches iVALUATION, an Interactive Tool That Validates Property Valuations
Valuations firm Veros Real Estate Solutions has introduced iVALUATION, a new platform that provides housing finance professionals with the quick insights they need to...
Voxtur Analytics Appoints Ryan Marshall CEO
Ryan Marshall is the new CEO for Voxtur Analytics, which offers targeted data analytics to simplify tax solutions, property valuation and settlement services throughout...
Data Show Share of Mortgages to Black, Hispanic and Asian Borrowers Increased in 2023
Mortgage lenders - including banks, savings associations, credit unions, and mortgage companies - made progress in terms of boosting the share of loans to...
Consolidated Analytics Acquires Investor Claim Solutions
Consolidated Analytics (CA), a provider of mortgage services and data analytics, has acquired the assets of Investor Claim Solutions (ICS), specializing in investor claims...
AVMs Seeing Increased Use by Home Equity Lenders
Home equity lenders’ use of AVMs has increased significantly, a report from Corporate Settlement Solutions (CSS) shows.
The report measures of the types of valuation...
HELOC, Home Equity Loan Originations Were Basically Flat in 2023
HELOC and home equity loan origination volume increased 1.5% in 2023 compared with 2022, while debt outstanding increased 8.3%, according to the Mortgage Bankers...
Federal Agencies: Lenders Must Implement QC Standards for AVMs
Mortgage lenders and secondary market issuers must implement quality control standards for the automated valuation models (AVMs) they use in valuing homes, as per...