Housing Wire

OCTOBER 5, 2023

HousingWire Editor in Chief Sarah Wheeler sat down with Adam Carmel , founder and CEO at Polly , to talk about the ways technology should be delivering ROI for lenders. For example, compliance — it’s hard to really automate compliance. And for about two decades, the industry has been using the same kind of technology.

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Housing Wire

JANUARY 18, 2024

HousingWire Editor in Chief Sarah Wheeler sat down with Jim Butler, chief technology officer at Stavvy , to talk about moving real estate from paper to a digital transaction, how the company is using AI, and the vibe you get working with industry experts. SW: How do you think about build versus buy?

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Housing Wire

JULY 14, 2022

An email sent to employees on Wednesday morning said Kiavi reduced the size of the firm by about 7% “to reduce our cost structure and protect the financial health of the company.” Because we are in the hard money space, we don’t have a lot of investors willing to buy our assets because of the rate hikes, is what our CEO told us.”.

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Housing Wire

FEBRUARY 6, 2023

The right questions — asked by the right servicing fintech experts — clarify how to improve operational, customer service and compliance models. In mortgage servicing, it’s not about “disruption” for the sake of sounding innovative. It’s about building pathways within the old infrastructure and incrementally replacing it with the new.

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Housing Wire

DECEMBER 28, 2020

Jim Albertelli: When we talk about AI, what we’re really talking about is applying algorithms based on our knowledge and understanding of the industry to ingest information more consistently to help make better decisions. A practical example is us working with Capacity in our call center.

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Housing Wire

OCTOBER 29, 2020

HousingWire recently spoke with Brian Simon, president of Trelix Mortgage Fulfillment Services, about how Trelix helps its clients work more efficiently while still maintaining compliance and performing due diligence. That gives us the ability to offer a span of comprehensive proven product options throughout the entire loan lifecycle.

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Housing Wire

NOVEMBER 2, 2022

In light of that, HW Media Managing Editor of Content Solutions Maleesa Smith sat down with Scott Gibson, principal of product compliance at CoreLogic, to discuss the future of the NFIP, as well as potential reforms that could help the industry be more prepared for the next disaster. 16, 2022, according to FEMA.

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Housing Wire

MARCH 23, 2022

HousingWire reached out to Anderson to learn more about how lenders and marketers can prepare for the current housing market and to hear about what’s to come at Finance of America in 2022. HousingWire: What projects are you working on that you’re most excited about in 2022? ?.

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Housing Wire

JANUARY 26, 2022

When the programs launched last year, UWM’s chief strategy officer, Alex Elezaj, noted that the company decided to offer an alternative to AMCs as a result of complaints about bad service, slow turn times and overcharging appraisers. The post UWM to credit borrowers up to $600 for their appraisal costs appeared first on HousingWire.

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Housing Wire

JANUARY 27, 2022

told HousingWire that the bank is “pleased to be able to put this lawsuit behind us” but had no more comments to add about the settlement. Also, the bank failed to audit the software for compliance with government requirements, allowing life-changing error to remain uncorrected for years.

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Housing Wire

MARCH 21, 2024

HousingWire Editor in Chief Sarah Wheeler sat down with Shayan Hamidi, CEO of Rechat , to talk about how he picks the right problems to solve, the incredible pace of AI innovation, and finding the joy in work. Sarah Wheeler: Let’s talk about your background, because you have both technology and real estate experience.

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Housing Wire

SEPTEMBER 9, 2021

Elezaj said UWM’s move to offer an alternative to AMCs arose from complaints about bad service, slow turn times and overcharging appraisers. In a pilot of the AMC-free option, UWM noticed a substantial improvement in time to complete appraisals, without compromising on the compliance and quality control that AMCs provide.

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Housing Wire

MAY 26, 2023

Whether you believe the worst market conditions are now behind us or that the coming months will remain turbulent, there’s no doubt that title related businesses will need a combination of thrift, ingenuity, innovation and persistence to be successful for the foreseeable future. Compliance isn’t a topic most owners approach with enthusiasm.

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Housing Wire

FEBRUARY 17, 2023

Servicers know all about the regulatory complexity — whether the rules are coming from the state or federal level or the Consumer Financial Protection Bureau (CFPB) – that often leaves them in a constant state of audit and exam. With so much at risk, servicers must find ways to be preventative and proactive to ensure compliance and longevity.

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Housing Wire

MAY 30, 2023

Read on to learn more about the opportunities and challenges that AI poses to the industry, what the company has to say about the risk of getting delisted from the New York Stock Exchange (NYSE), and insight into Blend’s roadmap for profitability. Almost think about it as like a co-pilot for an underwriter.

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Housing Wire

JANUARY 25, 2023

The firm announced on Wednesday that it was eliminating about 24% of its workforce, or over 250 jobs, as it restructures departments and consolidates teams amid a tough housing market. Employees were notified on Wednesday morning about the workforce reductions. The firm had about 1,400 employees at the end of 2021. “We

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Housing Wire

APRIL 17, 2023

HousingWire recently spoke with Roger Stotts, chief servicing officer at New American Funding , about borrower expectations for servicing and the current outlook for servicers. From a compliance perspective, there is a lot of scrutiny from regulators , but that’s not new: it’s been the case since the mortgage crisis. Take tax service.

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Housing Wire

FEBRUARY 14, 2024

In a HousingWire report , analyst firm Jeffries said that they believe the worst of the current mortgage cycle is behind us, and Moody’s forecasts that the Federal Reserve will decrease rates three or four times this year. To learn more about FICS’ mortgage software solutions, click here.

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Housing Wire

JULY 13, 2022

“Over his 10 years at UWM, he made us laugh, he educated us and he helped to cultivate a one-of-a-kind work family.” Brinda Jaikumar, a director of financial compliance at UWM, said Forrester was one of the “sharpest and wittiest people,” yet showed “so much humility, kindness and compassion in such an effortless way.” .

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Housing Wire

JULY 28, 2021

While addressing all of these issues is important, should we not have more stories and conversations about how brokerages can capture the most important stakeholder of all? Despite all the talk about tech and disruption, agents continue to play a large role in the buying process. We watch as consolidation transpires all-around.

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Housing Wire

JULY 27, 2021

HousingWire recently spoke with SitusAMC CEO Michael Franco about the current market outlook and how lenders can focus on efficiency and stay agile in the midst of market shifts. While our technologies can be leveraged as point solutions, lenders are realizing the larger opportunity to partner with us to deliver a more comprehensive solution.

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Housing Wire

SEPTEMBER 26, 2023

Blend Builder – an initiative that started about four years ago and launched in March 2023 – is a cloud banking platform designed to help businesses in the financial services industry streamline processes for mortgages, loans, deposits and accounts. million, down from its prior guidance of a non-GAAP net operating loss of about $17.5

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Housing Wire

DECEMBER 20, 2023

His manager and company bosses knew that he and other LOs were lying about where the lead source came from, he said. Not the corporate advertisement or online group that says you’re getting this lead from us and here’s documentation that it occurred and now you’re going to get less comp. The lower comp rate stung.

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Housing Wire

DECEMBER 7, 2020

This acquisition comes at a time when RON is being talked about more than ever before. HousingWire spoke with Altisource Vice President of Product Ben Hall about the increased adoption of RON and how Altisource supports lenders looking to move to full eClosings. How 2020 continues to impact mortgage closings. Presented by: Altisource.

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Housing Wire

APRIL 7, 2021

All of it was effective immediately, and mortgage servicers were asked to execute these directives with little guidance on how to ensure compliance with the new law. And most recently, MBA helped stand up an industry outreach campaign to connect with borrowers who have not contacted their servicers about their end-of-forbearance alternatives.

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Housing Wire

APRIL 30, 2022

Because QuickSource shows users the data sources a reviewer or lender would be looking at, they can easily see what might trigger a revision request or question about comp selection and address it immediately, instead of the report potentially getting kicked back. Professional of Product Solutions. “A Joel Baker, Sr.,

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Appraisal Training Clients Real Estate 366

GoForrmz

MAY 8, 2023

Digital forms can be used for task assignments, progress reports, check-ins, and much more. Improved Compliance Small businesses in any industry have to deal with regulations and requirements. Learn more about GoFormz and how to get started with digital forms today. Get started with GoFormz

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Housing Wire

APRIL 14, 2022

HousingWire recently spoke with Erin Wilson, Senior Vice President of Client Services at DataVerify, about how automating customizable workflows can help lenders save time, enabling them to focus more on building relationships with borrowers. HW: What about today’s market makes having customizable workflows so vital to a lender’s success?

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Housing Wire

MARCH 30, 2023

We went from having just one center (branch) in Charlotte, North Carolina to building out four different locations across the US. Outside of those things, I think compliance is a challenge for everyone in our business right now. I expect us to have around 15 producing LOs by the end of the year, really taking a big jump into 2024.

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Housing Wire

JUNE 30, 2021

Even amid the current appraisal shortage and challenges within the housing industry, PCV Murcor helps move the appraisal process forward by creating a service-first culture while also mitigating risk and compliance exposure. And due to today’s tight market, appraisers are under a great deal of scrutiny to ensure they’re in compliance.

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Housing Wire

SEPTEMBER 11, 2023

Lenders often rely on their post-closing QC process to identify and rectify loan quality and/or compliance issues. This shift is especially important when thinking about the mortgage lending cycle. The platform has enabled us to focus on pre-funding reviews and allocate our resources to other areas where defects need correction.

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Housing Wire

AUGUST 23, 2023

That technology platform has helped us maintain best-in-class compliance and regulatory audits. Garg: It took us six years to do $100 billion of refinances and to build an industry leader in refinances. Publicly, we’ve gone from over 11,000 people to about 1,000 people. How can Better succeed in a purchase market?

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Housing Wire

DECEMBER 20, 2022

Without establishing these boundaries to separate work and personal time, the pressures of home and work-life stresses can lead to burnout, overwhelm us emotionally and ultimately compromise our immune systems. We all know about plug loads creating excess electrical demand and occupant behavior putting wear and tear on home operating systems.

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Housing Wire

AUGUST 21, 2020

“It’s frustrating to not have that information because we think it’s very likely that a lot of Hispanics and Blacks don’t have information that they can actually use the options to not pay their mortgages for at least a year,” Choi said.

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Housing Wire

JUNE 22, 2021

This highly accurate score significantly reduces review volume and false positives and uses proprietary predictive modeling to paint a truer picture of where fraud and early payment default risk are likely to occur. And we’re adding more than 5 million new document images—more than 20 billion data elements—each month to the dataset.

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Housing Wire

FEBRUARY 28, 2022

Cloud-Claims uses a comprehensive rules engine to feed data from multiple systems into its database. The system ensures compliance to insurer or investor requirements, and flags missed timelines and inaccurate or incomplete information.

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Mortgage Technology Training Clients 381

Appraisal Buzz

MAY 18, 2022

Join us for our upcoming webinar, “ Desktop Appraisals – Yes, No, Maybe? ” Have all of your burning questions about Desktop Appraisals answered and more! Make sure to join us for our upcoming webinar, “ Desktop Appraisals – Yes, No, Maybe? ” on March 19th at 2 pm with Tony Pistilli.

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