It’s time to ditch mortgage lending’s outdated appraisal model

It’s time for the mortgage lending industry to move to an AVM-based appraisal model, says real estate coach Bernice Ross. There is too much room for error, especially in today’s super-fast-paced market. Continue reading

When lenders go wild: Mortgage broker brawl goes viral

A fight between 2 groups of mortgage brokers believed to be in Atlantic City for the Triple Play Realtor Convention and Trade Expo went viral, sparking criticism of the real estate industry. Continue reading

CoreLogic to acquire automated closing costs firm ClosingCorp

The deal is expected to close in the third quarter if it receives regulatory approvals and meets “customary closing conditions.” Continue reading

8 things mortgage lenders do that frustrate agents

When the loan process gets derailed, it can set off an entire contagion of events that create a tremendous amount of stress for all involved. Here are eight things mortgage lenders do that frustrate agents to no end. Continue reading