Blog

The future of third-party inspections

ProxyPics CEO, and Founder, Luke Tomaszewski, writes how the current CIVID-19 crisis has affected the housing industry and how to move forward. Follow this link to read what the future holds for third party industries. 

Introducing ProxyPics Direct

With everyone exercising caution in the wake of COVID-19 spreading across the globe, ProxyPics, Inc’s ProxyPics Direct is the risk-controlled solution lenders need to adapt to Fannie Mae and Freddie Mac’s new appraisal flexibilities.     “The recent announcement by the GSE’s supporting appraisal alternatives is perfect timing for leveraging the proxy pics platform. Virus concerns […]

Where is the gig economy going in 2020?

2019 took some surprising twists and turns, each one more unpredictable than the last. It was a good year for the finance industry and consumers alike. As we start 2020, many in the workforce will increasingly set their sites on the gig economy.  Data from Nasdaq.com shows that by 2020, about 43% of the U.S. […]

Airbnb prepares to go all-in

Short-term rental site Airbnb is preparing to go all-in, despite the many problems 2019 has brought to the company. Working for the gig economy can be tough. It’s harder to get a mortgage, or any kind of loan for that matter, it’s harder to prove your income, the list goes on. But not only do […]

Embracing the eMortgage experience

eClosings are a growing force in the mortgage industry and are helping mortgage lenders become more efficient, transparent and comprehensible for borrowers. Currently the closing process, when done through wet signing, takes hours just to complete, isn’t flexible and leaves consumers in the dark. Consumers often don’t know what they are signing or why. Consumers […]

Alternative credit scoring could boost homeownership

The talk about alternative credit scoring models continues to heat up, and if utilized correctly, has the potential to increase homeownership.    Most lenders currently use FICO 2, 4 and 5. Although there are much more advanced credit scoring models on the market, including newer versions from FICO itself, Fannie Mae and Freddie Mac use […]

Hispanics could drive homeownership rate for years

The homeownership rate among the Hispanic population continues to outpace homeownership rate growth among all other ethnicities – a growth that could drive the housing market for years.    The overall homeownership rate in the U.S. in the first quarter of 2019 was 64.2%, according to the latest data from the U.S. Census Bureau. Non-Hispanic […]

Major hotels moving in on gig economy

May 21, 2019—At the end of April, one of the largest hotel chains in the world, Marriott International, announced its new program that will compete with Airbnb and other short-term rental companies – Homes & Villas. The offering will initiate with 2,000 premium and luxury homes located in more than 100 destinations across the U.S., […]

ProxyPics Featured on Tech Time Segment

April 23, 2018 — ProxyPics was featured on the WLOS ABC 13 segment. Tech Time. Francie Black and Lauren Brigman from WLOS discuss ProxyPics a little more into detail. Follow the link to  watch and learn a little more about ProxyPics.     

Former Mortgage Bankers Association President and CEO Joins ProxyPics as an Advisor

March 4th, 2019 —David Stevens – the former commissioner of the Federal Housing Administration and president of the Mortgage Bankers Association – has joined ProxyPics as a Senior Strategic Advisor. ProxyPics has developed a patented platform to obtain real-time photos of any property within the US in a matter of hours and can be combined with custom questionnaires and […]