Lunch & Learn: The State of Housing

As housing supply dwindles, affordability concerns grow while competition heats up the market. This Lunch & Learn will examine the current state of housing, featuring experts who have an eye on the market.

HousingWire Annual Virtual Summit

Join us on October 25 for a chance to see a handpicked selection of sessions from HousingWire Annual along with technology demos from the most innovative tech companies! Register now for FREE to experience HW Annual just like you were there.

How credit scores impact lenders’ pipelines in a purchase market

When a lender works with a borrower to improve their credit score, they are able to offer the most competitive rate and terms. Learn more here!

Volly’s Grant Moon on challenges facing veterans

In this episode of HousingNews, we are joined by Grant Moon who discusses the difficulties veterans face during the home-buying process and misconceptions about VA loans.

Awards

2020 HW Tech100 Mortgage winner: Valligent Technologies

Solves sluggish appraisal turnaround times and the backlog

Valligent Technologies’ Valligent Residential Appraisal Report solves sluggish appraisal turnaround times and the backlog caused by the appraiser shortage. Appraisals traditionally take between five and 10 days. And with the average age of an appraiser at 55, the appraiser population is dwindling. Fewer appraisers equate to longer turn times and higher prices going forward. Even with administrative and scheduling lag times, the VRAR consistently delivers an order-to-delivery time that is one-quarter to one-half the time of traditional appraisals. Fewer appraisers are needed to complete the same volume of work, and the work is tech-forward and analytical, which will help attract younger, qualified individuals to the field.

  • Full interior inspection appraisal that can be completed in one hour, rather than the typical 5-10 days
  • Currently in testing phase with one of the GSEs and one of the country’s top 5 lenders
  • The end users have experienced a 60% to 70% decrease in appraisal turn times

https://www.valligent.com

Most Popular Articles

Fannie Mae: Mortgage rates and home prices will rise in ’22

Economists at Fannie Mae expect higher mortgage rates and home prices next year due to higher inflation, a tightening of monetary policy, and low home inventory

Oct 15, 2021 By
3d rendering of a row of luxury townhouses along a street

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