article thumbnail

Ocrolus debuts Inspect, a new AI-driven mortgage solution

Housing Wire

Mortgage tech firm Ocrolus has introduced Inspect, a new solution within its artificial intelligence -driven mortgage document automation technology, which the company said will improve efficiency and scalability in loan origination.

article thumbnail

Massachusetts set to bar home sellers from requiring inspection waivers

Housing Wire

Massachusetts homebuyers will soon be protected from being pressured into waiving home inspections under new regulation. It also prevents sellers from accepting offers if they are informed in advance that the buyer intends to forgo an inspection. A home inspection is an important step in buying a property.

225
225
Insiders

Sign Up for our Newsletter

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

article thumbnail

Why You’ll Want a Home Inspection

Keeping Current Matters

An inspection is your chance to avoid costly headaches and get peace of mind. Connect with an agent to talk about other ways to make your offer stand out.

article thumbnail

Propy partners with Inspectify to streamline home inspections

Housing Wire

Real estate technology platform Propy is now enabling its users to handle property inspections without leaving its app. The San Francisco -based Propy has formed a partnership with property inspection platform Inspectify , according to a joint announcement on Tuesday.

article thumbnail

MBA to HUD: Publish notices about challenges with real estate inspection protocols

Housing Wire

Department of Housing and Urban Development (HUD), which urges the department to avoid reprimanding mortgage servicers for compliance lapses with the new National Standards for the Physical Inspection of Real Estate (NSPIRE) system until it is “fully accessible and usable to each participant.”

article thumbnail

FHFA makes changes to climate risk, radon inspection policies

Housing Wire

Another day, another series of policy changes at the Federal Housing Finance Agency ( FHFA ). On Wednesday, the regulator directed Fannie Mae and Freddie Mac to revise their respective radon policies for multifamily properties.

article thumbnail

Pending legislation would end home inspection waivers in Massachusetts

Housing Wire

A housing market marked by relatively high interest rates and tight inventory — and punctuated by the practice of home inspection waivers to sweeten offers — are taking a bite out of business for home inspectors, who play a key role in the sales process by ensuring that buyers are not being sold a lemon of a house. and Canada.