The key to implementing non-QM products

With the refi boom falling off and the margin compression happening to lenders nationwide, lenders are looking at non-QM to help fill in those gaps. Learn how to implement non-QM products here!

RealTrends 2021 Team Profitability Study

Brokerage firms have often speculated about how well teams perform from a profit and loss point of view, as well as how productive they are. In this research study, RealTrends answers these two big questions.

Proven Strategies for Accelerating eMortgage Adoption with Freddie Mac and Better

This webinar will cover how the industry is working to overcome challenges lenders experience in adopting eClosings. You’ll hear from industry leaders at Snapdocs, Freddie Mac and Better Mortgage. Register now!

Logan Mohtashami on existing home sales, mortgage rates

Today’s HousingWire Daily begins the Rundown miniseries where HousingWire’s Editor-in-Chief Sarah Wheeler and Lead Analyst Logan Mohtashami will talking about housing and economics every Monday.

AwardsMagazine

2019 HW Vanguard: Robert Karraa

First American Database Solutions President

Under Robert Karraa’s leadership and vision, First American DataTree delivers cutting-edge technologies that fuel the growth of the real-estate market with robust, quality data and service solutions.

According to First American, DataTree boasts the industry’s largest database of property and homeowner information, spanning 100% of U.S. housing stock and including nearly 7 billion recorded document images. As president, Karraa has sponsored the application of new technologies – like artificial intelligence and optical character recognition – to enable customers to search for documents using any combination of keywords, phrases or numbers, such as notary numbers, legal descriptions or estate names. As a result, customers are no longer limited to searching by owner name, address or APN.

Now, all segments of the real estate market, including lenders, servicers, title insurance, title production, attorneys, appraisers and more can leverage extensive coverage with the highest data accuracy and search enhancements, including abstract property search; capabilities not possible with legacy technologies.

In the past five years, DataTree has experienced significant growth by delivery of unique, value-centric data capabilities. According to First American, DataTree was the first to market with 100% coverage in every U.S. jurisdiction. With Karraa at the helm, First American DataTree is capturing 75% more data in 33% less time, bringing new real estate transparency to the market and delivering value-added data and services to the industry and customers. His vision is that First American customers will have the data they need, when they need it and how they want it.

What has been your secret to success?

“Hire the best talent, get out of the way and let them create magic.”

3d rendering of a row of luxury townhouses along a street

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