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Property Valuation – Automated Valuation Model vs. Appraisal

For a quick, accurate property valuation, more and more mortgage brokers are turning to automated valuation models, or AVMs, for readily accessible data to help confirm application information before referring clients to lenders. However, does an AVM replace the need for an appraisal? It’s not a cut and dry, this-or-that answer. Each situation is unique, and your decision to use Continue Reading

Mortgage Technology – Is This the End of the Broker?

Mortgage technology continues to improve the competitive broker business by making it more efficient. Everything from paperless, mobile offices to automated valuation models work to confirm application information. However, as technology advances, making more financial transactions easier for consumers to do themselves online, will the mortgage broker eventually become irrelevant? The debate does exist! While some claim this is inevitable Continue Reading

Scheduled Maintenance for Purview

Purview® Service Interruption: Purview® customers will experience service interruptions during the following period: September 27, 2017 at 7 p.m. to September 28, 2017 at 2 a.m. We will be performing server maintenance and you might not be able to login. We apologize for any inconvenience this may cause. Have any questions? Call 1.855.787.8439 or email purview@teranet.ca.