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FULL_MAG_MortgagePoint_April2023

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April 2023 » thefivestar.com 5 April 2023 M T E C H FORGING NEW DIGITAL PATHS EXPANDING THE HOME SEARCH PROCESS A TTOM has announced the launch of Property Navigator, a solution that offers instant nationwide access with an array of search capabilities and detailed property information for residential and commercial properties. Property Navigator offers quick access to property information, market analysis, com- parables, and more for more than 155 million properties nationwide. The solution serves real estate agents, investors, appraisers, and enterprise organizations. Customers can get started with Property Navigator in minutes, with access to more than 300 data points and presentation-ready property reports. With Property Navigator, customers can save time and make informed data-driven decisions. "As our data footprint continues to expand, so do our data solutions, in order to meet the challenges and opportunities in today's market, while continuing our mission of increasing real estate transparency," said Todd Teta, Chief Technology and Product Officer at ATTOM. "Our Property Navigator solution offers convenient access to our vast data warehouse, providing valuable insights for today's market challenges and opportu- nities while increasing real estate transpar- ency." Property Navigator allows users to: » Search and find properties with a variety of criteria—occupancy, equity, default status, lender, etc. » Map search by neighborhood, school district, or custom-drawn areas for micro-accuracy. » Access ownership information along with contact details and phone num- bers. » Find off-market and distressed prop- erties. » Download presentation ready property reports with detailed list exports. » Determine property value based on multiple AVMs and other analytical tools. Property Navigator also supports a range of industries, whether researching a partic- ular property or multiple properties that fit certain conditions, in an all-in-one easy-to- use subscription, featuring an array of details that help real estate professionals, brokerag- es, investors, appraisers, and more. ONE-DAY APPROVAL BECOMES A REALITY G uaranteed Rate has launched Same Day Mortgage, a program that delivers a loan approval in less than 24 hours. This program first rolled out to a select group of customers in 2022, resulting in $1.1 billion in closed loan volume. Same Day Mortgage has launched nationwide with a much larger portfolio of loan types and offerings including purchase and refinance; 72% of the company's conforming business qualifies for the program. "Guaranteed Rate is known for revolu- tionizing the mortgage industry and making the home buying process easier—innova- tions like the first-ever digital mortgage that we launched in 2015," Guaranteed Rate Pres- ident and CEO Victor Ciardelli said. "Today, we're changing the game again with Same Day Mortgage. Customers expect services to be fast and easy, Same Day Mortgage delivers exactly that with cutting-edge technology and a totally efficient process." According to Guaranteed Rate, first-time homebuyers are at a disadvantage in today's housing market, especially when going up against all-cash buyers who make up 28% of home purchases. Same Day Mortgage levels the playing field, providing the advantage that cash buyers have in a speedy process. Guaranteed Rate has delivered more than 3,300 one-day approvals totaling $1.1 billion—while maintaining a Net Promoter Score (NPS) of 9.7 since the launch of the pro- gram. This year, conforming loan limits are $726,000, up 12% from 2022, allowing even more prospective consumers to purchase the home of their dreams. ACCELERATING DEALS FOR BANKS AND LENDERS C RM and customer engagement plat- form Total Expert has announced a number of new features and integra- tions that tap data and insights to accelerate deal flow for banks and lenders. New additions to Total Expert Customer Intelligence enable financial institutions to connect data sources, and immediately act on customer insights. By enriching customer profiles with multiple data sources, banks and lenders have visibility into customer in- tent and which type of financial benefit may be available to them when doing a new loan. These customer profiles are then integrated directly into the platform's customer journey orchestration, which automates critical parts of the customer journey, such as reminding an advisor or loan officer to engage with a past customer with educational content on available options. Since launching Customer Intelligence in 2022, Total Expert has surfaced insights and automated customer journeys that have led

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