Meanwhile, a la mode has announced several product updates that will tie its products together in a more collaborative fashion.For example, the company offers three website products -- AppraiserXSites for appraisers, MortgageXSites for mortgage brokers, and Agent XSites for real estate agents -- that will now be able to talk to each other more effectively and to push relevant data to mobile products that appraisers use in the field and to aurora, the a la mode appraiser desktop system. This integration will enable real estate agents to share listings and communicate more directly with brokers during the mortgage process, the company said at its first annual Appraiser Convention in Las Vegas. Brokers will also be able to market themselves to both real estate agents and appraisers to get more business. In addition, new listing styles have been added to make the websites easier to read and more user friendly, the company said.
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Home loan players are diverting technology budgets to cover back-office operations, after big spending in a downcycle, counter to historical patterns.
4h ago -
Decreased homeowner equity corresponds to recent declining prices reported by leading housing researchers, but tappable amounts still sit near record highs.
10h ago -
In addition, John Roscoe and Brandon Hamara have been appointed co-presidents at the government-sponsored enterprise, effective immediately.
October 22 -
Forbearance or refinancing may help some, workarounds can keep many mainstream loans moving and one type of uncertainty does have an upside for rates.
October 22 -
While the Federal Open Market Committee has yet to meet this month, investor pricing of longer-term bonds helped mortgages by 11 basis points, Wallethub said.
October 22 -
While purchase volume is up 20% from last year, it was 5% lower than one week ago, although a 4% increase in refinance activity helped pick up the slack.
October 22