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56 supplemental data points, lender/servicers could validate the credibility of an original appraisal and flag any problematic appraisals for review. is two-step process could be implemented at a minimal cost and have a significant impact on the lending landscape. e National Association of Realtors' recent 2022 Appraisal Survey found that a whopping 63% of appraisers are still "very uncomfortable" using desktop appraisals. Additionally, nearly one-third of the appraisers surveyed felt that the process of completing their appraisals is often delayed. Simple technological solutions could remedy these issues, and now is the time to implement them. 3. FUND TARGETED HOMEOWNER RELIEF Mortgage servicers have access to meaningful data related to homeowner's property and financial status. What do they do with it? Not a whole lot. Assessing this data to identify homeowners who could benefit from targeted relief programs could result in impactful change for borrowers. e pandemic brought this to light. However, even then, forbearance only became an option for homeowners when the Federal government mandated it. Only in the most dire time of need did the market develop products and create packages aimed at helping ailing homeowners. Do we really need a global pandemic to tell us that we should be developing solutions to help homeowners? Mortgage servicers can pivot from reactive to proactive by leveraging data analytics for targeted homeowner relief. 4. AUTOMATE DUE DILIGENCE Do originators want to automate due diligence? Chances are, they do. Do they know how? e answer is a resounding no. e answer lies in finding a capable counterparty. e right counterparty can act as an insurance policy against forced buybacks. For minimal cost, third-party due diligence providers can cover even the most complicated issues (e.g. RESPA). is not only shifts the risk, but it also makes selling to investors much more efficient, which drives down the cost of origination and results in better execution for the investor. It's a win for everyone. And to prove it, Voxtur is all in. We recently acquired Blue Water Financial Technologies, a provider of asset valuation, MSR distribution, MSR hedging, and digital solutions to MSR investors and mortgage lenders. Fusing Blue Water's digital asset capabilities with Voxtur's data repository and analytic solutions, we are creating a powerful and sophisticated new platform to streamline mortgage trading. is allows Voxtur to provide dynamic and agile data analytic solutions to the mortgage industry, so that we're all prepared the next time history repeats itself. Jim Albertelli is CEO of Voxtur. As CEO, he is responsible for the company's overall vision and direction. With over 25 years of experience in the real estate and technology sectors, Albertelli has developed multiple technology platforms that support real estate investors and servicers. To further support the needs of his institutional clients, Albertelli created and built a national title, escrow, and closing company. Albertelli is also the founder of ALAW, a legal services provider to the financial services and mortgage banking industries. Albertelli is a member of the Florida Bar, the State Bar of Georgia, and the United States Supreme Court Bar and serves on the Board of Advisors for Emory University School of Transactional Law. "Do we really need a global pandemic to tell us that we should be developing solutions to help homeowners? Mortgage servicers can pivot from reactive to proactive by leveraging data analytics for targeted homeowner relief." By: Jim Albertelli Feature