Appraisals

Accelerate Your Mortgage Process With Improved Appraisal Management

Accelerate Your Mortgage Process With Improved Appraisal Management by Jerome Jelinek, CEO and President. December 17, 2023 Effective appraisal management is crucial for mortgage lenders looking to optimize and accelerate their mortgage processes. By streamlining appraisal workflows and focusing on technology-driven solutions, lenders can ensure borrower satisfaction, faster turnaround times, improved accuracy, and compliance with

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How Lenders Combat Appraisal Bias

How lenders can combat appraisal bias by Ashley Jelinek, Chief Operating Officer. April, 2023.Appraisal bias represents a significant source of regulatory, legal, and reputational risk to every mortgage lender. Here are the steps lenders can take to ensure their borrowers are getting fair and unbiased appraisals, and to protect themselves from the negative consequences of

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Hybrid Appraisals vs Traditional Appraisals

Hybrid Appraisals: A Viable Alternative to Traditional Appraisals? by William Janke.   March 30, 2022 Hybrid appraisals have become more prevalent and accepted by the lending industry as an alternative to traditional appraisals. Benefits to lenders and consumers include quicker turn times and reduced cost. So, what exactly are hybrid appraisals, and why are they

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Case Study Premier Bank

Home Savings Case Study Founded in 1889, Home Savings & Loan (HSL), now known as Premier Bank, has always been committed to developing long-standing relationships with local residents and businesses by providing a full range of retail and commercial banking products and services to exceed expectations. For HSL, managing two separate locations — and processes

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The Benefits and Future of Virtual Appraisal Inspections

They say, ‘Necessity is the mother of invention.’ Truer words have never been spoken when it comes to how the mortgage industry has been flipped to respond to the COVID-19 pandemic. Talk about a perfect storm, lowest mortgage rates in recorded history driving highest home refinancing volumes ever, with one MAJOR problem – national level

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