Opinion: Navigating The HELOC And HELOAN Landscape In The Post-COVID Mortgage Market

Opinion: Navigating The HELOC And HELOAN Landscape In The Post-COVID Mortgage Market

ByTMN Editor Reading Time: 3 minutes

By PARESH DESHPANDE The mortgage industry in the United States has always been known for its cyclical nature, characterized by fluctuating interest rates and varying economic conditions. Since the onset of the COVID-19 pandemic, the landscape has experienced significant shifts, with interest rates soaring to levels not seen in years. This environment has led to…

Black Knight Launces AI Valuation App For HELOC Lending

Black Knight Launces AI Valuation App For HELOC Lending

ByTMN Editor Reading Time: 2 minutes

Black Knight introduced a new app to speed up applications for home equity lines of credit, the company announced. The app, Validate, allows borrowers to include photos of their property as part of their application. The photos are then analyzed with AI to calculate the home’s condition in real-time, speeding up the approval process. Borrowers…

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