According to the company, EVO-Res is offers customized set-ups that enables users to configure every field, with new fields that can be added on the fly and are instantly reportable. Users can also create new review forms in minutes. EVO-Res also works with EVO-C, Global DMS’ commercial lending valuation platform, thus allowing for a single-system solution for managing two different business lines.New data standards aim to streamline Certificate of Eligibility requests, reduce manual processing and speed VA loan originations
MISMO has released new standardized data mappings designed to help lenders process VA loan eligibility requests more efficiently as part of the U.S. Department of Veterans Affairs' ongoing digital transformation of its Loan Guaranty program.Developed in collaboration with th...
New Home Equity Gap Index estimates U.S. homeowners hold $11 trillion in available equity as some Non-QM lenders expand options for self-employed borrowers
A new Home Equity Gap Index suggests that billions of dollars in home equity remain largely untapped, creating an opportunity for Non-QM lenders offering alternative-documentation HELOCs to borrowers who may not qualify under traditional underwriting.According to The Mortgag...
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