article thumbnail

PunchList USA names chief product and data officer 

Housing Wire

PunchListUSA , a real estate technology platform digitizing home inspection data, has named Stefan Pampulov as its chief product and data officer. Pampulov will be responsible for the development of PunchListUSA’s proprietary products, data infrastructure, home lifecycle services, and predictive pricing models, according to the firm.

article thumbnail

Fannie Mae pays $53M to settle recession-era discrimination suit

Housing Wire

Amid protests set off by George Floyd’s death, Fannie Mae ’s CEO issued a public statement about its commitment to racial equity. I told him, ‘We have this serious racial equity issue still pending, and I hope Fannie Mae is serious about it.’” Our role in housing finance brings important responsibilities.”.

Equity 374
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

California couple sues appraiser for race discrimination

Housing Wire

This friend, “placed some of her own family photos, depicting her white family” around the house “prior to the inspection.”. Department of Housing and Urban Development on behalf of Cora Robinson, who alleged racial bias against Class Valuation , an appraisal management company, and Thomas Kearney, an individual appraiser.

article thumbnail

Sierra Pacific to use CoreLogic’s appraisal platform

Housing Wire

“We are excited to work with innovative lenders like Sierra Pacific Mortgage to find ways to take time, touch and cost out of their collateral underwriting workflows,” said Sage Nichols, CoreLogic executive of client and business development. Are borrower-assisted inspections here to stay? to two loan files per day. .

Loans 381
article thumbnail

Things Builders Should Know About Spec Home Loans

Realty Biz

Development financing for larger new construction projects and alternative financing approaches should also be considered. A spec home is a newly constructed residential property built by a developer or builder without a buyer already in place. What is a Spec House? The definition of a spec house is straightforward.

Loans 108
article thumbnail

ServiceLink offers brokers constant communication and transparency into valuation and closing

Housing Wire

Home values have increased over the past several months and consumers are realizing there is more equity in their homes than anticipated. This realization has increased demand for wholesale lenders and brokers as borrowers look to refinance, cash-out refinance or otherwise take advantage of the equity in their homes.

Closing 196
article thumbnail

Inside Fairway’s bold plan to boost reverse purchase business

Housing Wire

Last week, Fairway Independent Mortgage Corporation announced the hiring of Tane Cabe as its new reverse business development manager with a focus on Home Equity Conversion Mortgage (HECM) for Purchase (H4P) business. Harlan Accola. Real estate agents hate dealing with call centers,” he says.

FHA loan 339