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11 November 2024 M T E C H November 2024 » In the mortgage industry, increas- ing efficiency is critical to success. For instance, speed of service is crucial to a positive experience for homeowners choosing home equity financing, and time is of the essence when an indepen- dent appraisal assessment is needed for a correspondent loan. To give indepen- dent mortgage brokers, loan officers, loan processors, investors, and others rapid access to the company's top-notch goods anytime they're needed, Clear Capital developed the Product Portal. In only a few minutes, customers may register for the Product Portal and start placing orders. The Portal's self-service technologies facilitate a more effective team process by allowing users to col- laborate and manage their orders within the platform. "Whether you're a servicer who needs a BPO to determine next steps for loss mitigation, or an investor looking for an instant valuation to validate a portfo- lio decision, having access to the right solution at the right time—when time is of the essence—is key," said Kenon Chen, EVP of Strategy and Growth for Clear Capital. "The goal of our Product Portal is to simplify access to our world-class val- uation and analytics products by creating a one-stop-shop with a full range of tools available. This is another step forward for us as we work to reduce friction in the valuation process for all industry players." Clear Capital products available through the Product Portal include: • ClearAVM™ is one of the high- est-rated, lending-grade AVMs on the market, relied upon by investors, lenders, and regulators. ClearAVM has powered more than 139 million valuations across the United States. • Collateral Desktop Analysis (CDA®) removes pre-funding uncer- tainty and supports due diligence by reevaluating an appraisal to deliver a comprehensive loan file. • Residential Broker Price Opinion (BPO) is the ultimate alternative to an appraisal for servicing, origi- nation, and investments. It earned Morningstar's top rating, MOR RV1. Residential Evaluation is fully com- pliant with Interagency Appraisal and Evaluation Guidelines (IAG) and well-suited for origination loans on transactions of less than $400,00—including HELOC. • Property Condition Inspection (PCI) provides rapid property condi- tion updates. Local agents and bro- kers generate a risk summary report that visually highlights factors that could impact a property's market- ability. PCI can be ordered alongside ClearAVM for an IAG-compliant evaluation. • Post Disaster Inspection (PDI) esti- mates damage and repair costs after floods, fires, hurricanes, tornadoes, and other disasters — with turn times as short as two days. • ClearProp® is an interactive analyt- ics tool with nationwide coverage that enables quick, comprehensive property value conclusions. Clear Capital also provides a Property Analytics API and a Property Valuation API for individuals seeking a comparable set of goods that can be integrated straight into their current system. Adopting and implementing contemporary property valuation solu- tions is made simpler by these indus- try-leading APIs, which link lenders, investors, and system providers through a single connection. With real-time progress updates from order creation to completion, the Property Valuation API enables lenders and investors to monitor their property valuation orders during the whole order management process. From prequalifi- cation to closing, the Property Analytics API offers AVM capabilities that enable the addition of comparable or other property data for underwriting. Women in Housing Leadership Awards HONORING THE ACHIEVEMENTS OF THE MORTGAGE INDUSTRY'S Top Women Business Leaders Brought to you by & YOUR TRUSTED SOURCE FOR MORTGAGE BANK ING AND SERVICING NEWS SEPTEMBER 2024 Magazine Subscribe to MortgagePoint and MortgagePoint Digital now! Call 800.856.8060 to take advantage of our special offer! Experts you trust. People you know. News you want. MortgagePoint is putting essential mortgage market news at your fingertips with our new digital edition, now available online via your smartphone, tablet, or computer. Enjoy the magazine at your desk, and tap into MortgagePoint Digital's easily accessible platform anywhere, anytime. Committed to giving originators, servicers, and all lending professionals access to smarter perspectives, MortgagePoint believes it's time to think differently about the mortgage industry. Because the American Dream is evolving . . . are you? Brought to you by & YOUR TRUSTED SOURCE FOR MORTGAGE BANK ING AND SERVICING NEWS Magazine APRIL 2024 ECLOSINGS AS A SOLUTION ... NOT THE PROBLEM Angel Hernandez of Stavvy takes a look at how disjointed tech stacks are costing every stakeholder in the closing process, from lenders to homeowners. ACCESS AND EDUCATION DRIVING HOMEOWNERSHIP AMONG DIVERSE COMMUNITIES BRIDGING THE HOMEOWNERSHIP GAP IN THE LGBTQ+ COMMUNITY Pursuing education and reaching out to the LGBTQ+ community will help lending and real estate professionals build their business and advance the homeownership rate within the community. THE IMPORTANCE OF VACANT PROPERTY REGISTRATIONS How tracking vacant properties can help owners avoid the nuisance and expense of violations, while keeping their properties maintained and up to community standards. IN THIS ISSUE With the White House announcing a raft of housing-related proposals in his State of the Union, MortgagePoint asks industry experts and economists to gauge how effective they could be...and if they have a shot of being implemented. A WORK IN PROGRESS SIMPLIFYING THE DIGITAL MORTGAGE PAYMENT PROCESS How enhancing payment processes with modern technology can smooth the remittance experience for consumers, and enable greater speed, efficiency, and control of collections for lenders. BRINGING THE MORTGAGE JOURNEY FULL CIRCLE WITH DIGITAL TECHNOLOGY As mortgage technology continues to evolve, Joey McDuffee of Blue Sage Solutions details how the end result is not just the ability to perform operations quicker, but to achieve optimal cohesion across a mortgage lender's entire operation. HOW TO BUILD VOLUME IN TODAY'S MARKET Wading through a down market is a challenge for all in the industry, but positioning yourself to help navigate through the complexities of the current market can turn you into a homebuyer's hero. EXPERT INSIGHTS ATTRACTING CUSTOMERS IN A DOWN MARKET A Q&A With Nate Den Herder, MBA, Founder and CEO, Ardley Technologies Brought to you by & YOUR TRUSTED SOURCE FOR MORTGAGE BANK ING AND SERVICING NEWS JUNE 2024 Magazine GOOD SERVICE IS SUSTAINABLE VRM Mortgage Services' leadership team discusses how the company's "diversity of thought" and commitment to serving communities has made them an industry staple for nearly 20 years. ALSO IN THIS ISSUE: