Technology Corner

Candor Technology has introduced an additional dimension to its loan engineering system: The Candor Metascore. The patent pending Metascore indicates the overall quality of a loan manufactured by Candor’s machine.

Reggora, an appraisal software company, announced Guaranteed Rate has selected its appraisal management technology to support the production of all loans requiring an appraisal. Proper Rate, a Guaranteed Rate Joint Venture, will implement Reggora’s software to streamline its appraisal process.

During a conversation with Valuation Review, Kevin Musick, the ClearValue company’s president and chief technology officer said- “despite the increase in availability of property data, a picture still says a thousand words.”

The goal is to provide credible and secure confirmation photographs taken by various types of property inspectors are taken at the right subject property, and at the time of inspection.

Read on to learn more from Musick.

In its October Insights Report, mortgage advisory firm STRATMOR Group revealed data that shows why lenders have found it nearly impossible to achieve suitable returns on their technology investments.   

Global DMS, the leading provider of cloud-based real estate appraisal management software, announced its next-generation EVO platform is now voice-enabled, providing lenders access to key functionality and up to the minute information of their entire pipeline with Amazon’s Alexa voice control. This makes the EVO platform the first and only appraisal management software to provide this capability in the mortgage industry.

Earlier, Valuation Review introduced its audience to the acquisition of National Condo Advisors by CondoTek.

We sat down with CondoTek co-founder Asher Kahn and Orest Tomaselli, president of the company’s Project Review Division, for more insight on this acquisition and the technology that looks to enhance the overall automation process.

Read on for more of the conversation.

ClearValue Consulting, a provider of enterprise-class vendor management technology for the mortgage industry, recently launched its Property VeriPix platform. This is a photographic validation and chain of custody technology verifying the location, date and time of subject property photos provided by third parties.

Big Purple Dot, provider of an ecosystem of mortgage marketing technologies, has added SMS/MMS video marketing to its all-in-one CRM lead management platform. The new SMS/MMS video tool empowers mortgage professionals to engage and retain customers in today’s highly competitive lending environment.

Earlier, Valuation Review reported the recent acquisition of CubiCasa, a Finland-based proptech startup, by Clear Capital.

We recently sat down with new CubiCasa President Jeff Allen for more in-depth details about the acquisition and how this will accelerate appraisal modernization, among other things.

Read on for more insight from Allen.

JLL Technologies, a division of JLL, recently announced the hire of Chief Information Security Officer Joe Silva to lead JLL’s information security strategy.

Silva will be working closely with global technology teams across the company including JLL, a dedicated commercial real estate technology firm.

Read on to learn more.