Solve Mortgage, a Non-QM wholesale lender based in Calabasas, California, is optimistic about mortgage lending. After a solid first half of 2023, Solve Mortgage’s president Blake Scheifele believes that market conditions are now robust, providing an opportunity for his business to grow.
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Xactus, a verification provider for the mortgage industry, reported that Appraisal FirewallX has met the requirements and is capable of fulfilling Fannie Mae property data collection orders. It is connecting mortgage lenders with vetted and trained property data collectors to deliver the value acceptance + property data and hybrid appraisal solutions. The company also supports Freddie Mac’s ACE + PDR initiative.
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Lender Toolkit, a provider of automated mortgage technology solutions powered by artificial intelligence (AI), has launched Prism, the company’s latest innovation that streamlines the income calculation process for lenders, resulting in shortened cycle times and increased profitability.
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