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 […]

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

The Advantage AVM Cascade solution ensures that the best possible AVMs are always in the lead positions of your cascades, guaranteeing the highest hit rates and accuracy rates. To a home equity lender, each AVM used to determine the value of a home equates to one less appraisal needed. By decreasing the number of loans

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