Lunch & Learn: Are appraisals the next big opportunity in mortgage fulfillment?

This Lunch & Learn for mortgage lenders will explore the evolution of the appraisal process as well as opportunities for innovation.

Why brokerages and mortgage lenders are rushing into JVs

Joint ventures are suddenly stitched into the fabric of a handful of national brokerages. But the idea of the joint venture collides with the loose, informal networks that color the American housing economy.

How to simplify the appraisal process for everyone in today’s hot market

While the world might be slowly getting back to normal, the housing boom is far from over. Appraisers need to make sure they have the right tools to manage the high demand.

Robert Dietz on why the single-family rental market is growing

In this episode of HousingWire Daily, NAHB's Robert Dietz explains why the marketshare of single-family rentals is growing despite strong homebuyer demand. He also discusses the NAHB’s latest Housing Market index.

MortgageReal Estate

[Infographic] A smartphoneÕ role in real estate

MGIC: A snapshot of smartphone use

Smartphones have become an appendage to the body. Approximately 58% of smartphones users don’t go an hour without checking their phone, and it only increases with Millennials, rising to 68%.  

Wells Fargo recently cited that three in 10 visitors access mortgage applications on WellsFargo.com from a mobile device.

Julie Lane, senior vice president of home lending digital sales with Wells Fargo, said that a whopping 92% of American adults own a cellphone, 64% own a smartphone and approximately 19% of the U.S. population relies on their smartphone for online access with no home Internet access.

And this trend is not exclusive to Millennials. More and more consumers expect to be able to do everything online, a topic that HousingWire discussed in its May magazine feature title “Digital Disruption: How consumer demand is pushing lenders to a new normal.”

A new infographic from MGIC illustrates these findings, showing how often consumers look to their smartphone for information and illustrating why it's so important for companies to have a mobile presence.

Click to enlarge

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