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MortgagePoint » Your Trusted Source for Mortgage Banking and Servicing News 8 December 2024 M T E C H your criteria. Consider the commu- nity, schools, local amenities, and other factors that are important to you. • Home and Neighborhood Insights: Gain insights and guidance on current home values, home details, and neighborhood details including schools and safety conditions. This section offers a wealth of resources to help you navigate the complexities of owning and managing a home. • Property Condition and Mainte- nance needs: The platform provides in-depth maintenance details and conditions, including a property condition score called PICO, tailored for each home at each season or time of the year. Here, homeowners can find a wealth of information such as conditions of roof or heater systems and be automatically connected with qualified repair or remodeling service providers. • Selling Your Property: Ready to move on to the next chapter? Finaya's Homeownership platform provides all home-related informa- tion to its comprehensive listing ser- vices and expert support to help you sell your property with confidence and ease. • Refinancing Your Mortgage: Finaya's Homeownership platform simplifies the mortgage process by auto-filling home and homeowner details and offering a range of options tailored to your unique financial situation. The platform connects users with the right mortgage, the right refi- nancing, or the right home equity loan to make homeownership more accessible and affordable. • Protecting Your Home: Choose from personalized homeowners' insurance or home warranty plans to safeguard your home. Through Fi- naya's network of premier partners, consumers can ensure investments are well-protected, giving more users peace of mind. Finaya's expansion into homeown- ership underscores the industry's com- mitment to providing comprehensive financial solutions tailored to the needs of consumers. By simplifying complex processes and offering best-in-class services, Finaya empowers individuals to turn their optimal homeownership dreams into reality. CLEAR CAPITAL ANNOUNCES PROPERTY ANALYTICS API SOLUTION TO STREAMLINE PROPERTY INSIGHTS C lear Capital, the national real estate valuation technology company, announced the launch of its Property Analytics API, providing a streamlined, data-driven solution to support home equity lenders and alternative finance companies. The API empowers lenders with compre- hensive property valuations and insights that persist consistently from prequalifi- cation through closing, helping to avoid valuation discrepancies that commonly disrupt the loan process. Property Analytics API allows users to create a customized valuation report by starting with a value from Clear Cap- ital's industry-leading ClearAVM in pre- qualification and adding comparables or other property data once a file gets to underwriting—up to 90 days later. "For lenders, AVM values used in loan prequalification often change in underwriting, leading to frustration and loan fallout when borrowers face modified terms or opt out altogeth- er," said Erica Vigen, Senior Product Manager of Real Estate Analytics at Clear Capital. "This is one of the biggest pain points in home equity lending, and Clear Capital's Property Analytics API addresses this issue by enabling lenders to maintain the same valuation across the entire loan lifecycle. By enabling a seamless and consistent valuation, we're helping lenders deliver a smoother, more reliable loan experience." With Property Analytics API, lend- ers no longer need to order multiple analytics products to meet Investor Guidelines for underwriting. Lenders can create a single valuation report with the exact property insights and data needed, rightsizing the speed of delivery and the price paid. Clear Capital's new Rental AVM is also accessible via Property Analytics API and offers reliable, automated monthly market rent estimates for individual addresses using the same high-quality data and modeling engine as ClearAVM. An automated evalua- tion of rent can increase the speed and reliability of decisions for property valuation, and it helps property manag- ers and institutional investors properly make price listings and assess future cash flows. Additionally, users can ac- cess Interactive ClearAVM, which allows users to include a property's condition and characteristics as input to further refine the valuation for enhanced confidence. In addition to launching Property Analytics API and Rental AVM, Clear Capital has also enhanced its Property Valuation API, a comprehensive solution designed to streamline property valuation by providing easy access to the compa- ny's full suite of valuation tools. Recent updates include the addition of AURA, the company's appraisal underwriting risk analyzer, which strengthens valua- tion accuracy by assessing potential risks within appraisals. The Property Valuation API integrates seamlessly with loan orig- ination and order management systems, helping lenders increase efficiency and transparency while simplifying the valua- tion management process. This announcement follows the recent launch of the Clear Capital Product Portal, a self-service platform that removes friction from the valuation process by allowing customers to order Clear Capital products quickly and easily, decreasing the time it takes for users to receive a reliable valuation and provide analytics products that aid in the decision-making process.