Housing Wire

MARCH 30, 2021

This combination of modern math, instant insights and micro-market granularities are the true value differentiators appreciated by Radian’s clients. The post How 2020 is still shaping the way lenders use data appeared first on HousingWire. Using the Radian HPI, data is easy to digest and deriving insights is intuitive.

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Tools Modernization Housing Market Real Estate 397

Housing Wire

MAY 25, 2021

HousingWire recently spoke with Trevor Gauthier, CEO of ACES Quality Management, about the effects of 2020 on loan quality and what lenders should expect regarding loan quality and risk management this year. HW: What effect did the pandemic have on loan quality in 2020? In Q1, the industry saw the critical defect rate fall 9.5%

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Clients Lending Technology Modernization 381

Housing Wire

DECEMBER 2, 2020

Prior to 2020, the mantra around the mortgage industry going back to 2016 was that launching a new “digital experience” was the equivalent to table stakes in poker. More than that, the fintechs that flooded in brought with them a promise to modernize the mortgage industry with data-rich, cloud-enabled and digitally secure workflows.

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Mortgage Lending Technology Modernization 313

Housing Wire

NOVEMBER 24, 2020

This year’s 2020 list of Housingwire Tech Trendsetters certainly earned their status as the housing industry was met with incredible challenges and new opportunities. This diverse group of tech professionals helped to bring about the long-awaited modernization of the housing industry. The rest of this content is for HW+ members.

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Modernization Housing Market Lending Clients 228

Housing Wire

MAY 5, 2022

The Office of the Comptroller of the Currency , or OCC, which supervises the largest banks, issued its own proposed update to the CRA in June 2020, but rescinded that rule in December 2021. The post Ready or not, CRA modernization is at the door appeared first on HousingWire. Doing those two things is difficult.”.

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Modernization Lending Retail Law 344

Housing Wire

DECEMBER 1, 2020

Now leading Clear Capital’s mortgage collateral modernization programs, Allen is reimagining and re-engineering how home valuations are manufactured and partnering with major lenders and GSEs to bring greater efficiency and speed to the consumer. The post 2020 HW Tech Trendsetter: Jeff Allen appeared first on HousingWire.

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Valuation Real Estate Modernization Appraisal Process 247

Housing Wire

DECEMBER 1, 2020

Despite the proliferation of mobile and online banking channels, local and regional financial institutions often lack the resources, expertise, and infrastructure to obtain modern digital solutions. The post 2020 HW Tech Trendsetter: Samir Agarwal appeared first on HousingWire.

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Development Modernization Technology Design 207

Housing Wire

FEBRUARY 25, 2022

The launch of this new portal may be a signal that the FHA — after what seems to have been a slight pause — is going full steam ahead in their modernization initiative, which was announced by HUD two years ago. The FHA, Office of Public and Indian Housing (PIH) and mainframe modernization were placed as top priorities.

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Modernization Development Technology Mortgage 392

Housing Wire

SEPTEMBER 22, 2022

These are the tech leaders who are driving innovation and modernization for their mortgage and real estate clients. 2021 Tech Trendsetters 2020 Tech Trendsetters 2019 Tech Trendsetters. The post Nominations for the 2022 HousingWire Tech Trendsetters award close tomorrow!

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Modernization Real Estate Clients Mortgage 351

Housing Wire

MARCH 27, 2024

“By embracing Corcoran’s modern technology and tools and continuing to deliver unparalleled service to our dedicated clients in the vibrant Portland market, we are perfectly poised for growth in the future.”

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Brokerage Real Estate Tools Clients 343

Housing Wire

MAY 20, 2024

. “This significant milestone for our digital collateral program marks Ginnie Mae’s continued efforts to modernize our mortgage-backed securities (MBS) program,” Sam Valverde, Ginnie Mae’s acting president, said in a statement.

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Mortgage Modernization Housing Market Finance 351

Housing Wire

AUGUST 11, 2023

Appraisal modernization is a hot topic right now, but updating the appraisal process is easier said than done. In markets with higher volume, such as 2020-2021, it can be difficult for appraisers to keep up with demand — which slows loan processing times and drives up costs for borrowers. If we can check those boxes, we succeed.

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Valuation Modernization Training Appraisal Process 283

Housing Wire

SEPTEMBER 12, 2023

“CertifID is addressing a growing problem in an industry looking for modern solutions,” Patrick Meenan, the general partner at Arthur Ventures, said in a statement. Between 2020 and 2022, the FBI reported that the real estate sector experienced a 72% increase in business email compromise , a key component to most wire fraud attempts.

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Modernization Real Estate Technology Housing Market 347

Housing Wire

SEPTEMBER 26, 2023

There, he modernized the company’s technology infrastructure and optimized business processes, resulting in a 30% increase in operational efficiency. Dovenmuehle was 2020 HW Tech100 Mortgage winner Prior to joining Dovenmuehle Mortgage, Howerton was the leader platform security engineer at IBM.

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Technology Modernization Development Mortgage 323

McKissock

DECEMBER 18, 2020

The 2020 housing market will end the year as the highest performing sector of the U.S. The Mortgage Technology sector is growing rapidly, modernizing and digitizing what has traditionally been a fragmented and heavily regulated market. 2020 housing market recap: Demographics popped the housing bubble boys. Enjoy this article?

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Housing Market Appraisal Marketing Modernization 76

Housing Wire

JULY 9, 2021

“The support and resources Sun Capital is capable of providing to companies like ours will enable LoanLogics to continue to ensure quality performance for our clients, enhance our operations and best serve the rapidly modernizing mortgage technology market,” Neville said. It also reported a 40% increase in revenue from 2019 to 2020.

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Mortgage Technology Modernization Clients 381

Housing Wire

NOVEMBER 10, 2020

The validation and approval of Classic FICO by the enterprises allows them to continue supporting the mortgage market while assessing more modern credit score models that were submitted in response to the 2020 Joint Enterprise Credit Score Solicitation ,” the FHFA announced.

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Government Modernization Finance Development 536

Housing Wire

DECEMBER 7, 2023

24, 2023, Qualia informed Stewart that in an effort to “modernize” the “old legacy contracts” Adeptive had entered, it would be terminating the ResWare licensing agreement Stewart had entered with Adeptive on Jan. The firm estimates that roughly 4,000 Stewart employees use the software on a daily basis. Adeptive was acquired by Qualia in Dec.

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Modernization Business Contracts Design 339

Housing Wire

NOVEMBER 22, 2021

Powell’s response to the COVID-19 pandemic, in the form of aggressive monthly asset purchases beginning in March 2020, set off an extraordinarily profitable year for the mortgage industry. Recently, Brainard led the effort at the Fed that resulted in an advance notice of proposed rulemaking in October 2020 to revamp the statute.

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Modernization Law Tools Inspection 348

Housing Wire

DECEMBER 17, 2021

The survey’s main indicator score reached 128, a 20-point increase from 2020 to 2021. In October, the CFPB, the Office of the Comptroller of the Currency and the Department of Justice announced they would take on “modern-day redlining.” 14 survey, collected responses from 391 mortgage companies, banks and credit unions from Aug.

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Modernization Lending Law Business 314

Housing Wire

MAY 9, 2023

Vesta is a SaaS provider of mortgage loan origination software founded in 2020 by early Blend employees Mike Yu and Devon Yang. -based private mortgage insurance company, a subsidiary of NMI Holdings, Inc.

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Insurance Mortgage Tools Technology 303

Housing Wire

AUGUST 2, 2021

Snapdocs provides lenders with a pragmatic, proven path to adopting digital closings – an approach that also offers borrowers a modern, digital closing experience every single time. In early 2020, Waterstone used Snapdocs to spearhead a strategic initiative to move all closings to fully digital experiences.

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Modernization Technology Mortgage Design 378

Housing Wire

OCTOBER 11, 2022

When I came up with the “ savagely unhealthy housing market ” label in February of this year, it was based on the premise that the housing inflation story that we have had to deal with since 2020 was a historical event. It facilitated a very unhealthy housing market in 2020-2021 that became savage in 2022.

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Sellers Inventory Housing Market New Listings 498

Housing Wire

SEPTEMBER 22, 2022

With the home-price growth we had in 2020 and 2021, my five-year price-growth model that I set for 2020-2024 of 23% was already smashed in just two years. Since the summer of 2020, I have talked about what could change the housing market, which was a 10-year yield above 1.94%, which means rates over 4%.

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Inventory Housing Market New Listings Mortgage 437

Housing Wire

AUGUST 31, 2022

Gloudeman’s career in mortgages and financial services will help “modernize compliance strategies for the quickly evolving mortgage landscape” as traditional approaches are falling behind, said Perry Steiner, chairman and CEO of Xactus said. Gloudeman started on Tuesday. .

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Modernization Clients Technology Insurance 368

Housing Wire

APRIL 20, 2021

The official, a 23-year veteran of the agency, wrote that he had serious concerns about the Federal Housing Agency ’s pandemic response, the timing and effectiveness of a massive IT modernization effort ahead of the 2020 election , and a tidal wave of defaults and foreclosures the federal government wasn’t prepared to handle.

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Modernization Government Development 308

Housing Wire

FEBRUARY 21, 2023

This facilitated the biggest decline in existing home sales for a single year that we will ever see in modern-day history due to the high level of sales in January of 2022. My fear since 2020 has always been that we would have major housing inflationary issues if inventory broke to all-time lows during 2020-2024.

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Housing Market Marketing Inventory Buyers 401

Housing Wire

OCTOBER 24, 2022

Kueh said the real estate industry is “ripe” for a transformation, one in which modern design can be merged with mobile, cloud, AI and machine learning technology to improve customer and agent experiences. The profitability is a turnaround from its $360 million loss in 2020. billion, but the company has remained profitable.

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Real Estate Brokerage Technology Modernization 362

Housing Wire

JULY 28, 2022

The acquisition of MassiveCert supports our objective of advancing the modern mortgage by allowing us to more comprehensively address our clients’ flood risk assessment needs,” said Shelley Leonard, president of Xactus. MassiveCert will be rebranded as Xactus Flood Solutions. The terms of the deal were not disclosed.

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Insurance Clients Modernization Technology 299

Housing Wire

DECEMBER 21, 2020

billion and then sold it in August 2020 to Intercontinental Exchange for approximately $11 billion. In January , the company acquired multifamily real estate engagement solution Modern Message. In 2019, Thoma Bravo acquired Ellie Mae for $3.7 RealPage has had a busy year in the acquisition space.

Real Estate 465

Real Estate Property Management Modernization Investing 465

Housing Wire

NOVEMBER 18, 2021

Reggora provides a modern platform that streamlines and automates the manual tasks associated with the appraisal process. For instance, in 2020, the Federal Housing Finance Agency (FHFA), put out a Request for Input (RFI) in an attempt to modernize the appraisal process. How lenders can simplify the appraisal process.

Appraisal 379

Appraisal Appraisal Process Modernization Technology 379

Housing Wire

JANUARY 8, 2021

LendWize took over management of the platform in early 2020 and integrated ARIVE’s software into its own technology stack. Months after taking over management of broker LOS platform ARIVE , mortgage software startup LendWize has finalized a deal to take complete ownership of the origination platform.

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Modernization Technology Tools Mortgage 367

Housing Wire

DECEMBER 7, 2022

This time the hit on demand is much more challenging as we are working from a savagely unhealthy rise in home prices since 2000, and mortgage rates have skyrocketed in the most prominent fashion in modern history. This was something that wouldn’t happen in 2020 and 2021, based on my forecast. to a high of 7.37% — purely savage.

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Housing Market Mortgage Marketing Inventory 540

Housing Wire

AUGUST 17, 2021

But there are definitely a few main things to looks out for — many of which are carrying over from a turbulent 2020 and early 2021 — when it comes to the upcoming landscape for the rest of 2021: Lack of inventory Fluctuating interest rates Increased adoption of technology. Inventory issues.

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Mortgage Inventory Real Estate Technology 506

Housing Wire

AUGUST 13, 2021

2020 will essentially be looked back upon as a pivotal year, and it won’t stop with mortgage applications. By utilizing automation and digital tools, modern mortgage lenders are freed up to deliver the most value to their customers. Today it’s over 70% at big banks, and between 95% to 99% for top producers.

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Loan Officers Real Estate Agent Modernization Technology 442

Housing Wire

FEBRUARY 1, 2022

Since early 2020, we’ve trained more than 150 cadets. So many companies are trying to modernize the industry by hyper-focusing on technology with the end goal of replacing appraisers. Opteon University opens the door for those who otherwise wouldn’t be able to become appraisers. Opteon President Gabriel Hern.

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Appraisal Training Modernization Technology 370

Housing Wire

MARCH 25, 2021

The capital raise follows a $5 million Series A funding round in June 2020. In 2020, the company says it surpassed $6 billion in monthly loan volume on its platform. Founded in 2016, Maxwell claims it has facilitated over $100 billion in loan volume to date through its platform.

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Mortgage Lending Technology Loan Officers 370