From new appointments and solutions to streamlining mortgage operations, catch the latest buzz from the mortgage industry in this weekly update.
California-based CoreLogic has introduced a new solution for loan originations. The solution called Total Home Value for Originations AVM is the latest addition to the company's Total Home Value suite of AVMs, which already include Total Home Value for Portfolio Monitoring, Total Home Value for Risk Management, Total Home Value for Marketing, and Total Home Value for Consumers.
The Total Home Value suite of AVMs incorporates new technologies and calibrations to deliver property valuations for specific business needs. With Total Home Value, users simply choose the AVM that best fits their business case.
Today, businesses often use an AVM that is less than optimal for their particular use case,” said Ann Regan, executive, product management, Collateral Solutions for CoreLogic. “Total Home Value addresses this challenge by taking the guesswork out of selecting the right AVM.
To commemorate 20 years of connecting lenders with borrowers, JMA Outreach Solutions launched a new mobile field technology solution for the lending industry.
JMA field agents are now equipped with secure, company-provided tablets and a proprietary technology platform that streamlines the borrower outreach and engagement process. The new tablets and platform enable JMA’s employee agents to collect information in the field real-time through a secure wireless network. This on-site process, rather than the industry-standard end-of-day data entry at the agent’s home or office, helps eliminate missed details, speeds the reporting process and provides immediate audit trails with geo-coded date and time-stamped photos. “For over 20 years, JMA has been a leader in borrower outreach strategies tailored to meet the needs of both lenders and borrowers alike,” said Matthew Preuss, COO of JMA Outreach Solutions. “Our longevity has a great deal to do with our customer service, our processes, and our success rate. But it’s also been driven by our ability to adapt to client and market needs. This new in-field technology is a testament to that ability.”
SingleSource Property Solutions, a national provider of valuation, REO, title, and property preservation services, has added Beth Davis to its executive team as Vice President of People Development.
“We are excited to welcome Beth to our SingleSource team,” says Ed Austin, COO at SingleSource. “Her experience across a wide range of industries gives her the skills to help our company grow in new directions. As we continue to expand our presence as one of the fastest growing companies in Pittsburgh, we are always focused on our most important asset – our people.”
Over the past two quarters, SingleSource has hired 40 employees. Ms. Davis’s diverse experience in the field of people development provides SingleSource with the ability to implement processes, which support employee development, cultivate leaders at all levels of the organization, and strengthen the company’s values.