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Floify’s new platform aims to provide flexible pricing for mortgage lenders

Housing Wire

Configured to give independent mortgage banks, federally insured banks and credit unions the needed tools at an accessible price point, Floify Lender Edition aims to increase lender profitability through its automated processes and efficiency tools, the company said. Founded in 2013, Floify — a subsidiary of Porch Group Inc. —

Mortgage 361
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Reverse purchase financing: The financing option no one is talking about

Housing Wire

But unlike financing with a traditional mortgage, monthly principal and interest payments are not required on the loan, so long as the homeowner keeps up to date with real estate taxes, homeowners’ insurance and property maintenance. The 6% limit also includes payment of the Up-Front Mortgage Insurance Premium (UFMIP).

Finance 418
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What a tech entrepreneur has discovered about reverse mortgages

Housing Wire

Anna Frankowska As retirements become longer and there is additional pressure to find adequate retirement financing tools, Frankowska discovered the reverse mortgage product concept and found it to be a potential solution.

Mortgage 380
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titlegenius by Radian makes closing simple, transparent and less expensive

Housing Wire

Radian has developed titlegenius to help improve the closing process for homebuyers, sellers and lenders alike. Titlegenius offers easy-to-use tools like remote capture and online notarization. Plus, loan officers can access their entire transaction pipeline at a glance for purchase transactions using titlegenius.

Tools 285
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Lenders, reach more buyers with new credit optimization platform

Housing Wire

Here why CreditXpert’s new platform — that combines the best of Wayfinder and the What-if Simulator — can help you reach more buyers and close more loans. HW: CreditXpert has been in the industry since the early 2000s with tools like Wayfinder and What-if Simulator, why introduce a new platform now?

Buyers 368
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ICE Mortgage Technology President Tim Bowler on mortgage automation

Housing Wire

What we’re trying to do at ICE is break down the various transactions where a borrower and a lender might interface and figure out how we can deliver a set of technology tools and solutions so that the borrower can get their loan — for purchase or refinance — as fast as possible with the least amount of cost.

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PRMG’s John Ashley on cybersecurity and privacy

Housing Wire

So, we’re not little, but we’re not big, like some of these companies with 500 developers. We have a development team and so we have software developers, system analysts, business analysts, quality assurance testers, and people that manage deployments. We have smaller teams, but they’re very effective.