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Hot Topic: Automated Valuation

Hot Topic: Automated Valuation

  • September 5, 2017

Last week Freddie Mac and Fannie Mae both unveiled their appraisal free programs. In other words, an automated valuation will be needed instead of a full 1007 appraisal if certain criteria of the loan are met along with all other…

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80% Of Homeowners Without Flood Insurance In Houston

80% of Homeowners Without Flood Insurance in Houston

  • September 5, 2017

As much as 80% of homeowners who have been crippled by last week's Hurricane Harvey, lack flood insurance. Regular home insurance covers wind damage but not flooding. Flood insurance is a separate policy by government-run National Flood Insurance Program and…

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Latest Technology In The Mortgage Industry

Latest Technology In The Mortgage Industry

  • November 28, 2016

With the increase in the number of mortgage originators, a focus has been placed on how to effectively streamline the loan origination process, that is, the whole process of lending from application to the final disbursement. In addition, the number…

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