Modernizing the appraisal process and adopting appraisal management technology is a start – but there are risks in taking a myopic view of appraisal modernization.
Not only does non-QM allow you to expand your pool of prospects, but it also gives you an opportunity to replace lost volume.
The overall mortgage strategy for Rocket has apparently not changed, but the lender expects to have 500 local LOs score purchase referrals from real estate agents.
As part of a strategy pivot, top 10 title underwriter Doma announced it would license its instant underwriting software to other firms.