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Home | News | Technology

Companies Chosen for CFPB’s Electronic Mortgage Program

electronic-arrows

The program's launch marks a big step in the agency's "Know Before You Owe" mortgage initiative, which is aimed at improving the homebuying experience for consumers through simpler disclosure forms as proposed in a rule first issued in November last year. In Thursday's release, CFPB announced it is in the process of preparing for that rule to be implemented in August 2015.

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Survey: Realtors Continue to Invest in Mobile Technology

The National Association of Realtors (NAR) set out to answer a very simple question—how much are realtors spending on new technology for their businesses? NAR conducted the 2013-2014 Realtor Technology Survey, which found that realtors continued to invest in technology for their business in 2013 and spent more than they had in previous years.

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Collateral Analytics Launches New Credit Risk Model

Collateral Analytics, a provider of automated valuation solutions and real estate analytics products for the financial services industry, announced recently it has launched the CA Credit Risk Model. The new patent pending product is designed to offer quantitative measures of the risk and cost of potential borrower default in a residential mortgage.

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Valuation Vision Offers New Property Valuation Solution

Valuation Vision announced the use of their valuation technology and management platform to develop a new appraisal product solution, GEAR AP (GeoScore Evaluation/Appraisal Report). Valuation Vision has leveraged its advanced technology to develop the new GEAR product as a consumer-friendly, cost-effective alternative to traditional appraisal.

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