Housing Wire

NOVEMBER 23, 2022

The current market downturn for mortgage lenders may be shorter than the previous cycles, mainly due to the recent rounds of workforce layoffs imposed by nonbanks. Nonbanks have more than 60% market share of mortgage industry production — and they are more likely than banks to move quickly to reduce capacity.

Marketing 330

Marketing Loan Officers Business Mortgage 330

Housing Wire

AUGUST 7, 2023

The capital, capability and content are present to make all real estate markets smarter, faster, safer and connected. Real estate still relies on a “system” unable to integrate production across the silos of media, brokerage, lending, insurance and trading. Consumers, communities and taxpayers are major beneficiaries.

Real Estate 322

Real Estate Supply Chain Architecture Brokerage 322

Housing Wire

JULY 6, 2021

It has raised a total of $655 million since its founding in 2012, according to Crunchbase. Blend’s white label technology is what powers mortgage applications on the site of banks such as Wells Fargo and U.S. Since it was estabslihed in 2012, Blend has been run by its co-founders ? Presented by: FADT. million and $74.6

Technology 369

Technology Mortgage Valuation Insurance 369

Housing Wire

FEBRUARY 12, 2021

Even in the midst of a banner year, originators have to keep one eye on the technologies and competitors that could upend their carefully crafted business strategy. Taking those lessons with him, Ghamsari decided to start Blend in 2012 along with his co-founders. The focus of the Spring Summit is The Year-Round Purchase Market.

Technology 268

Technology Valuation Design Mortgage 268

Housing Wire

MAY 2, 2022

The company’s job cuts include human resources, technology, talent acquisition, and executive assistant positions. Presented by: Acra Lending. Interfirst is a mortgage business founded in 2001 by Dmitry Godin that has been harmed before by market downturns.

Human Resources 347

Human Resources Loan Officers Retail Training 347

Housing Wire

JANUARY 5, 2021

Most recently, the private-equity firm invested in Real , a technology-powered real estate brokerage in 2020, and perhaps most notably, e-recording provider Simplifile in 2013. In fact, prior to founding SimpleNexus in 2011, CEO Matt Hansen worked on the Simplifile development architecture team for nearly five years. billion.

Architecture 386

Architecture Real Estate Agent Loan Officers Real Estate 386

Housing Wire

FEBRUARY 16, 2021

As demonstrated in the brilliant UWM Superbowl ad , Millennial homebuyers are looking to technology to match them with the right partners in life, including their mortgage. With smarter and faster data, a personalized service experience is key for the future of lending. #2 5 Technology becomes fintech. 1 Personalization.

Mortgage 530

Mortgage Technology Loan Officers Business 530

Housing Wire

SEPTEMBER 12, 2023

These current mortgage markets are what make it challenging for independent mortgage banks (IMBs). Interest rates have risen from a low of less than 3% in 2012 to over 7% today, meaning that 99% – according to Goldman Sachs – have a lower rate and would not benefit from a refinance. Today, many might feel sorry for the IMB.

Mortgage 354

Mortgage Investors Business Lending 354

Appraisal Buzz

DECEMBER 20, 2021

Deephaven will provide brokers with Incenter Appraisal Management’s RemoteVal technology, which reduces appraisal turn times from weeks to days, without compromising the integrity of the process. However, the challenges of appraiser shortages and appraisal backlogs are slowing down lending. About Incenter Appraisal Management.

Appraisal 195

Appraisal Mortgage Technology Appraisal Process 195

Housing Wire

FEBRUARY 14, 2023

HousingWire recently spoke to Amanda Phillips, executive vice president of compliance at ACES Quality Management, about getting servicing staff and technology ready to meet upcoming regulatory requirements while ensuring quality throughout the life of the loan. Without technology, this will be an overwhelming burden.

Technology 282

Technology Lending Mortgage Investors 282

Housing Wire

JULY 19, 2021

The IPO gives the cloud-based software company the ammunition to grow market share , develop new products and dive deeper into various sectors within fintech, including consumer banking and auto. ” Blend’s white-label technology is what powers mortgage applications on the website of traditional banks such as Wells Fargo and U.S. .

Insurance 381

Insurance Investors Technology Real Estate Agent 381

Housing Wire

APRIL 16, 2021

Blend Labs filed a confidential registration statement with the Securities and Exchange Commission on Friday, signaling its intent to enter the public markets. It has raised a total of $655 million since its founding in 2012, according to Crunchbase. In all, its technology platforms saw $1.4 That January round gave Blend a $3.3

Valuation 245

Valuation Technology Lending Mortgage 245

Housing Wire

DECEMBER 16, 2021

In 2012, Dmitry Godin was seemingly on top of the world. The historically low interest rates that led to a boom in refinances in 2012 had ended, and Interfirst struggled to maintain volumes in following years as the market turned to purchase. But there was trouble ahead.

Mortgage 338

Mortgage Loan Officers Retail Training 338

Housing Wire

AUGUST 12, 2020

Fintech-focused Canapi Ventures led the investment, which brings Blend’s total venture raised to $365 million since its 2012 inception. That digitization, he said, has been fueled by rapidly changing consumer expectations and increased confidence in the ability of lenders and other mortgage industry players to adopt new technologies quickly.

Investing 485

Investing Loan Officers Technology Development 485

Housing Wire

SEPTEMBER 28, 2023

Even though mortgage origination volumes are down, we’re experiencing a highly competitive purchase market. The mortgage lending industry exists to make home loans, not to repossess them. A 2012 Gallup Poll asserted that 58% of Americans preferred that the federal government take additional action to prevent foreclosures.

Legal 407

Legal Training Real Estate Business 407

Housing Wire

APRIL 4, 2023

When prospective clients operate in highly regulated financial markets, enterprise sales don’t come easy. trillion in origination volume in 2020 and 2021 and posted record profits, it was Blend’s digital technology that powered about a quarter of those mortgages. When the mortgage industry generated more than $8.5

Clients 328

Clients Mortgage Business Technology 328

Housing Wire

MARCH 23, 2022

HousingWire recently spoke with David Peskin, president of Reverse Mortgage Funding, who said entering the reverse mortgage business could allow originators to break into a growing market with significant demand that is largely untapped. David Peskin: As we all know, the housing market is booming right now.

Mortgage 351

Mortgage Clients Business Training 351

Housing Wire

AUGUST 31, 2022

The monthly Employment Situation Summary news release based on the CES data is regarded as a key report in gauging the health of the overall job market. The first category is real estate credit, which covers most establishments focused on lending with real estate as collateral. Source: Nationwide Multistate Licensing System.

Lending 382

Lending Mortgage Real Estate Loan Officers 382

Housing Wire

MAY 25, 2021

One significant factor behind the lack of evolution in the appraisal industry is that the American housing market has grown at a much higher rate than the pool of licensed professionals that are legally certified to appraise residential real estate. Navigating appraisal challenges in today’s housing market. Appraiser shortage.

Appraisal 313

Appraisal Valuation Real Estate Modernization 313

Housing Wire

NOVEMBER 3, 2023

Through the class certification, hundreds of thousands of home sellers in four MLS markets in Missouri can ask the defendants, which include Keller Williams , RE/MAX , HomeServices of America and its subsidiaries BHH Affiliates and HSF Affiliates , as well as Realogy/Anywhere and NAR, to be reimbursed for the $1.3 in California.

Real Estate 291

Real Estate Brokerage Buyers Property Management 291

Housing Wire

APRIL 5, 2021

While the position of the Fund has strengthened in recent years and continues to do so largely as the result of a robust housing market driven by low inventory, low interest rates, and solid home-price appreciation, there are many reasons to proceed cautiously and to continue to prepare for the unexpected. Leveraging technology can help.

Insurance 227

Insurance Mortgage Housing Market Government 227

Patch of Land

OCTOBER 5, 2018

Congress has opportunities to address some of the challenges financial technology firms face in the lending sector. The pace of financial technology innovation in the alternative lending space is nothing short of phenomenal, but it has meant headaches for lenders and vendors waiting for regulation to play catch-up.

Lending 35

Lending Law Technology Investors 35