Clear Capital Chronicle | August 2023
Clear Capital
We build confidence in real estate decisions to strengthen communities and improve lives.
Welcome to the August 2023 edition of the Clear Capital Chronicle.
The dog days are nearly here. Find a shady spot and keep cool with an ice-cold beverage and the August edition of the Clear Capital Chronicle.
Appraisal waivers: What lenders should know
As the real estate and mortgage industries work to modernize the home valuation process, Fannie Mae and Freddie Mac continue to offer new alternatives to the traditional home appraisal. The introduction of inspection-based appraisal waivers offers an increasingly positive impact to both lenders and consumers.
How do appraisal waiver programs work, who can act as a property data collector for appraisal waiver programs, and how can lenders take advantage of these new programs? We’ll dive into the details to help lenders gain the confidence to take advantage of this new valuation innovation. Read our blog.
Clear Capital and ICE Mortgage Technology Expand Partnership to Support Adoption of Modern Appraisal Programs
Our integration is now built on the latest Encompass Partner Connect™ API Platform and available through ICE Mortgage Technology®. This integration will deliver an improved user experience for mortgage lenders and loan officers. Check out our new Encompass integration.
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Clear Capital and BeSmartee Partner to Bring Home Value Verification Solution to Mortgage Lenders
We have entered into a strategic partnership with BeSmartee, a digital mortgage solution development company, to offer a cost effective and efficient solution for mortgage and home equity origination property valuations. Learn more.
July 2023 HDI™ Market Report
The July 2023 Home Data Index (HDI™) Market Report shows national quarter-over-quarter (QoQ) home price growth is at 9.8 percent. Hartford, CT ranked as the highest-performing metro with 7.0% QoQ growth. Read the full report.
Kickstart or enhance your home equity lending program with an industry-leading AVM
Many home equity lenders know the benefit of using an automated valuation model (AVM) in home equity lending. Using an AVM can expedite lending and save lenders money. These time and cost savings can then be passed to the customer, leading to a better bottom line for all parties involved. Before you choose an AVM for your home equity lending, it’s important to ensure you’re getting the most out of this powerful technology. Download our free ebook to discover eight crucial questions to ask your AVM provider to verify the quality of your AVM. Get it here.
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