Posted To: Pipeline Press

I don’t know whether my Nolan Ryan rookie card, fortuitously spared from my bike spokes decades ago, is worth $500 or the 10 cents I spent for the pack (with gum!). Values (and worth) can be tricky things. Look at the value of rentals with the 4-month prohibition on evictions declared yesterday. We were reminded of this one decade ago: investors in mortgages don’t want to buy a pool of loans filled with mortgages on properties where values were “pushed,” and want accurate assessments. I bring this up because investors will certainly be interested in Xome (Mr. Cooper) and Manor Financial (a digital home records technology startup) announcing the availability of Inspex (not the UK’s Inspex ) “a consumer-facing mobile application, that gives homeowners a seamless…(read more)

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Source: Mortgage News Daily