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.

HousingWire Annual Virtual Summit

Sessions from HousingWire Annual 2021 are going to be virtually streamed on October 25. Register now for FREE to tune into what housing industry leaders had to say this year!

How Freddie Mac is addressing affordable housing challenges

Freddie Mac is focused on addressing limited access to credit, housing inequalities, creation and preservation of affordable housing supply and advancement of homeownership education.

How to increase minority homeownership?

Today’s HousingWire Daily features a roundtable discussion from HousingWire’s Lunch & Learn series that looks at “Unpacking the lender’s vital role in increasing minority homeownership.”

Mortgage

Blend premieres mobile app for lenders

Allows on-the-go business management

Mortgage technology-company Blend premiered a new mobile application on Thursday for lenders, allowing them to operate and manage their business on the go.

Blend Mobile, according to the company’s website, is “the first native mobile application allowing Loan Officers to manage their businesses, including borrower requests and applications, anytime and anywhere.”

The HousingWire 2017 Tech100 Winner explained that through the app, LOs will have the ability to create a new loan directly from the Pipeline screen — all they need to do is enter the name and email of the primary borrower, and select a loan type. From there, the borrower will receive their invite to start an application immediately.

Inside the application, loan officers can view a given borrower’s credit report, or, if no report has been pulled, loan officers can pull one directly from the app (with consent from the borrower).

Blend stated on its website, “Using mobile to eliminate barriers for borrowers is only the beginning of the industry-wide change digitization is driving.”

Over the past couple of years, Blend has partnered with a handful of lenders to help the more lenders go digital. Its list of partnerships includes PCLender and Guardian Mortgage.  

In a recent interview with HousingWire, Blend CEO Nima Ghamsari explained that mortgage technology is growing so fast that “you could probably with credibility say if you don’t have this technology in three to four years your company will be suffering.”

“The pace of change is incredible. Two years ago, everyone was talking about nothing but compliance. We couldn't even have a discussion with a lender about anything digital,” said Ghamsari.

Most Popular Articles

FHFA to make desktop appraisals permanent

Desktop appraisals, a temporary flexibility implemented in March 2020 amid lockdowns and social distancing, will become permanent, the FHFA said today.

Oct 18, 2021 By

Latest Articles

Rocket Pro TPO redesigns pricing calculator for brokers

Rocket Pro TPO aims to help its broker partners grow their businesses. The new Pricing Calculator provides brokers with fast, reliable and accessible information that can help differentiate them from competitors. In the midst of this serious housing shortage, brokers need tools to help them provide top-notch service to homebuyers. 

Oct 22, 2021 By
3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please