Understanding Today’s Connected Borrower

Sign up for this webinar to learn how to transform the borrower journey from transaction to relationship and gain a significant lift in production in today’s digital lending environment.

RealTrending: eXp’s Glenn Sanford reveals what’s next for company

CEO of eXp World holdings addresses his critics about his agent referral program, where he is taking the company next and growth limiters for the brokerage.

Navigating Closing Struggles in 2021’s Purchase Market

Join this webinar to discover the most current information on hybrid and full eNote eClosings and discuss key criteria to successfully implementing your eClosing strategy.

Mortgage servicers take steps to support borrowers amid COVID

Call volumes have spiked to a level not seen since last April, lenders and servicers need to prepare for a significant increase in their workload as they help borrowers through difficult times.

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

Millions will enter housing market in 2021: Zillow

Up to 2.5 million households could enter the housing market in 2021, per Zillow. The buyers will descend on the “secondary cities” across the U.S.

Apr 07, 2021 By

Latest Articles

Working with buyers in the nation’s hottest housing market

Prices are up, supply is down. Here’s how lenders and agents are working with buyers in Austin, Texas, the nation’s hottest housing market.

Apr 13, 2021 By
3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please