Clear Capital Chronicle | March 2024

Happy March! As the first quarter of the year comes to a close, catch up on the latest in real estate and fintech news from Clear Capital.

ClearCast 39 — Quarterly Insights

Kenon Chen joins ClearCast guest host, Jeremy Potter, Fractional Chief Strategist at IncentiFind, to discuss recent happenings in real estate and mortgage. Kenon and Jeremy discuss housing demand, the dream of homeownership, and steps movers and shakers throughout the industry are taking to make this dream possible for homebuyers. They discuss fractional ownership programs, shared equity, and more. Listen to the episode.

Universal Data Collection Aligns with Uniform Property Dataset

We updated our proprietary data collection product, Universal Data Collection? (UDC?), to deliver the Uniform Property Dataset (UPD), Fannie Mae and Freddie Mac’s (the GSE’s) single data standard for property data collections. By reducing the volume of required data, UDC streamlines the collection process for inspection-based valuation and delivers UPD-compliant data, removing complexities and making property data collection review and underwriting easier and more efficient for mortgage lenders. Read more in our press release.

Support credible valuations for shared equity programs

With housing supply — especially affordable housing supply — near historical lows, more and more communities have turned to shared equity programs as a solution to maintain affordable housing stock for residents. Shared equity programs are growing across the country, and lenders and appraisers should understand the nuances of these programs to ensure accurate valuations. Read on our blog.

Visit us at ICE Experience in booth 14

Are you heading to ICE Experience in Las Vegas this month? Visit us in booth 14! We'd love to show you the valuations products we offer through Encompass? by ICE Mortgage Technology?. Learn more and schedule a product demo.

February 2024 HDI? Market Report

The February 2024 Home Data Index (HDI?) Market Report shows national quarter-over-quarter (QoQ) home price growth is at 0.3 percent. New York City is the highest performing metro for the second month in a row with 2.5% QoQ growth. Read the full report.

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