DSNews delivers stories, ideas, links, companies, people, events, and videos impacting the mortgage default servicing industry.
Issue link: http://digital.dsnews.com/i/1274660
48 Industry MVP Spotlight Best in Property Valuation Xome ® CORPORATE DETAILS: 750 Highway 121 BYP, Suite 100, Lewisville, TX 75067 | clientdirect@xome.com, 469.240.8978 KEY PERSONNEL Mike Rawls | CEO Joe Cutrona | SVP Exchange Al Broadway | SVP Valuations Lisa Heitzmann | SVP Originations & Home Equity, Title Kristen Estrella | SVP Default Title COMPANY DESCRIPTION Xome's company purpose is simple: to keep the dream of homeownership alive. Xome does this by creating products and services for mortgage companies and the real estate community that reduce operational complexities and allow access to insightful data for better decision-making. Xome believes that when clients win, we win. BUSINESS LINES, PRODUCTS & SERVICES Xome supports the nation's leading servicers and lenders with integrated and scalable real estate solutions. These can be used separately or as part of an intelligent end-to-end solution: » Field Services & Property Preservation » Valuations » Title & Closing » Auction Disposition Strategies » MLS Data Solutions Xome is one of the nation's largest full-service valuations providers and offers tailored solutions for originations, home equity, default , and capital markets: » Full-service Appraisal Management Company (AMC)—Xome Valuation Services LLC: Backed by years of expertise delivering fast, quality-driven reports. » Appraisals: Quick and accurate appraisals for origination, default, and hybrid scenarios. » Hybrid Solutions: Multiple innovative solutions to manage risk and improve the user experience by matching the right valuation product with the property, including appraisals and valuation reports. » Broker Price Opinion (BPO): Gain greater accuracy and market intelligence with advanced algorithms, extensive data validation, and in- depth quality control checks, along with access to local MLS data nationwide. » AVM: A comprehensive and customizable AVM cascade to ensure the best solution for lending partners. » Property Condition Reports: Interior or exterior property inspections by a licensed real estate agent or inspector with photo documentation and property assessment complete with subject and neighborhood characteristics. » Property Evaluation Report: AVM augmented with interior or exterior property inspection. Features customized rules matching client requirements complete with a reconciliation of property condition, characteristics, and risk factors to the estimated value. Includes product cascade/ upgrade rules capability. » Data Products: Xome uses data to create dynamic strategies to help manage risk by informing various loss mitigation campaigns, providing insight into REO tracking and performance, and helping with loan trading activity. KEY FEATURES & BENEFITS » National Network: 11,000+ active appraiser panel and 5,000+ active real estate agent panel. » Quality Control: Powerful automation review tool increases appraisal consistency and removes reviewer subjectivity. » Automated Risk Assessment: Customizable risk assessment tool runs comps for easy comparison. » Streamlined Appointment Scheduling: Online scheduling tool improves customer experience and reduces back and forth between appraisers and property contact. » Automated Collateral Screening: Determine property complexity before a valuation product is ordered, avoiding delays in order assignment/ completion and saving money by preventing multiple same-property orders. » SaaS Lender Platform: Self-manage appraisal fulfillment, working with different types of appraisal providers, enabling lenders to manage fees, due dates, and communication. COMPETITIVE ADVANTAGE » Expedited appraiser payment program » Technology integration for easy ordering, tracking, and reporting » Dedicated client support » USPAP certified staff » Largest MLS database (98%+) » Best-in-class AI machine learning models » Integrated and customizable end-to-end solutions » Real-time data exchange for greater transparency and decision-making » A comprehensive suite of services—all under one roof ADDED VALUE » Tenured teams provide operational expertise and guidance for default and origination. » Xome's business model and breadth of services can add capacity to client's operations—a key benefit as high volumes in originations continue and default activity increases. KEYS TO SUCCESS » Experienced leadership team with over 150 years' industry experience combined. » Xome stitches together data across the entire real estate lifecycle, at both the portfolio and individual asset level. » Xome provides rich data for real-time transparency. » Xome customizes disposition strategies and options based on a client's risk tolerance and portfolio management philosophy. » Xome provides services separately or as part of an integrated end-to-end solution. AWARDS, ACCOLADES, AND MILESTONES » Great Place to Work, 2019 » Tech100 Real Estate Company, 2020 » Mobile app ranked No. 2 for best "Real Estate App to Help You Find Your Dream Home" (Mobile App Daily, March 2020) and "The 8 Best Real Estate Apps of 2020" as Best for Auctions (The Balance, May 2020)