Computer vision is revolutionizing MLSs: The appraisal industry is next

I spent a large part of my career in the mortgage business - long before computer vision was a thing. I was a VP at one of the largest nationwide retail lenders (Great Western), a Fannie Mae Director both in public affairs and later as head of the Seattle Partnership office, and finally, a mortgage loan officer for over eight years with the largest lenders (Countrywide, Wells Fargo and Chase) in the country at the time. These combined experiences give me a unique vantage point of looking at this industry from a 35,000 foot level and the surface as a [...]

Real Estate Needs to Step Up Engagement with Fannie and Freddie

With half of the mortgages going to these Government Sponsored Entities (GSEs), there is an opportunity for Realtors® to be part of the solution. One of the leaders in working with realtors to collect data for GSEs is Clear Capital. They have partnered with CoreLogic to assist with the creation of more modern valuation and appraisal workflows.

Better Market Reports

Graphs, Actives, Pendings, Recently sold, yadda, yadda. I have been reviewing the market reports across a variety of brokerages recently. They all seem to be missing the same little touch of information – an AVM. What Is A Market Report? The definition of a market report is hard to pin down. They are automated reports that tend to change based upon the state of the consumer. If the consumer is actively looking to buy or sell, the market report is like a listing alert. If the consumer is not in the market, the market report is like a stock portfolio [...]

By |2018-05-03T21:23:33-07:00October 13th, 2015|Broker Technology Research, Main category|0 Comments