Housing Wire

MAY 7, 2024

In this new role, Winokur will work to increase the company’s emphasis on diverse forms of nonqualified mortgage (non-QM) educational resources.Prior to joining CMS, Winokur served as chief marketing officer at Angel Oak Lending and was a 2022 HousingWire Marketing Leader. It is licensed to lend in 48 states.

Marketing 310

Marketing Retail Lending Investing 310

Housing Wire

JULY 16, 2021

Seventy million dollars in seed funding is a colossal investment for an unproven tech startup, even one that promises to fully disrupt a relatively low-margin, traditional industry like mortgage lending. The post Ex-Zillow execs promise revolution in lending appeared first on HousingWire. It’s early.

Lending 434

Lending Real Estate Real Estate Agent Modernization 434

Housing Wire

FEBRUARY 5, 2021

Multi-year HousingWire Tech100 winner Built Technologies , a construction finance software and construction payment technology company, closed an $88 million Series C funding round. The Built team is working hard to streamline construction lending and construction spending for all construction stakeholders.”. and Canada.

Technology 236

Technology Construction Finance Modernization 236

Housing Wire

OCTOBER 16, 2023

Generative artificial intelligence (AI) has tremendous potential to cut costs and improve customer experience, but regulation has not caught up to develop a governance program, industry pros said of AI’s implementation in mortgage lending. Have we developed a model that is in fact fair?

Technology 376

Technology Lending Government Legal 376

Housing Wire

MARCH 17, 2022

Figure , a blockchain-focused financial service company and Apollo , a global alternative asset manager, announced today completing a transaction involving the origination of digital mortgage loans and transfer of ownership via blockchain technology, according to a press release shared with FinLedger.

Technology 433

Technology Landlords Valuation Lending 433

Housing Wire

OCTOBER 21, 2021

The nation’s network of Federal Home Loan Banks (FHLBanks ) expects to be required to increase its share of investments in affordable housing. The Federal Home Loan Bank System was created in 1932 by the Federal Home Loan Bank Act as a government-sponsored enterprise to support mortgage lending.

Investing 325

Investing Development Finance Technology 325

Appraisal Buzz

MAY 7, 2024

Previously, he was with non-QM lender Angel Oak Lending, where he served as chief marketing officer. Winokur’s significant expertise in marketing strategy, brand development, marketing communications and digital marketing is expected to quickly build on existing marketplace momentum for Carrington’s diverse non-QM offerings.

Marketing 195

Marketing Mortgage Lending Development 195

Housing Wire

OCTOBER 15, 2021

Home lending proptech Roostify is releasing the “first of many” APIs on its existing lending platform built to automate document validation and data extraction in the lending process. ” The post Roostify launches first of many AI-powered APIs on home lending platform appeared first on HousingWire.

Lending 282

Lending Development Training Mortgage 282

Housing Wire

MAY 2, 2024

. “The transition just became along the lines of the team’s ability to have a product suite and technology.” Potempa mainly focuses on the government lending space, which represents 60% of his total volume, he said. ” According to Scotsman Guide , Potempa was the No.

Loan Officers 381

Loan Officers Mortgage Retail Lending 381

Housing Wire

JANUARY 10, 2024

In 2021, Pennymac vowed to create 322 jobs in Wake County, North Carolina and invest $4.3 million into Pennymac Loan Services, its mortgage lending subsidiary, to establish a mortgage fulfillment production center in Cary, North Carolina. Pennymac invested more than $1.5 Pennymac invested more than $1.5

Investing 293

Investing Development Tenants Loan Officers 293

Housing Wire

APRIL 24, 2024

Thanks to our strategic emphasis on technology, including years of investment in AI and the cloud, Mr. Cooper is well positioned to provide our customers with world-class service, operate as a trusted counterparty for our industry stakeholders, and grow and sustain investor returns.”

Technology 286

Technology Lending Investing Contracts 286

Housing Wire

APRIL 13, 2022

Despite advances in technology, the mortgage industry still lacks efficiency. Mortgage executives are aware of a problem: despite billions of dollars in technology investments , the mortgage industry still largely looks like it did two decades ago. He added: “We have a tremendous amount of proprietary technology being built.

Mortgage 363

Mortgage Technology Development Finance 363

Housing Wire

MAY 24, 2022

However, they have several more pressing priorities when it comes to what they’re investing in. Out of 200 senior mortgage executives surveyed, who represent 188 lending institutions, 94% think that appraisal modernization efforts will simplify the origination process. The policy now expires on December 31, 2022.

Modernization 474

Modernization Appraisal Lending Investing 474

Housing Wire

MAY 24, 2021

Stavvy, a Boston-based fintech, announced Monday that it landed a $40 million Series A funding round led by Morningside Technology Ventures. COVID19 certainly accelerated development and focus on servicing, coming out of 2019 with record low default and foreclosure.”. Presented by: Sagent Lending Technologies.

Technology 351

Technology Lending Investors Modernization 351

Housing Wire

SEPTEMBER 1, 2021

17, in multiple departments, as it continues to “build efficiency in its technology operations.”. The primary focus of these investments has been centered on building a future committed to advancing the user experience, creating efficiencies for lenders, and providing enhanced technological capabilities for financial institutions.”.

Lending 329

Lending Technology Investing Design 329

Housing Wire

OCTOBER 11, 2022

The funds will be utilized to finance its lending product, CryptoMortgage. The product also takes the investors’ digital assets as collateral and gives 100% financing for investment properties. Nevin, co-founder and CEO of Moon Mortgage, told CoinDesk that people have an incentive to invest in real estate with crypto.

Mortgage 351

Mortgage Investors Investing Lending 351

Housing Wire

FEBRUARY 2, 2022

Jamie Thornton, director of online mortgage lending at Real Genius, said in a statement that the company has “invested a significant amount of time and resources” into developing technology for customers. How local lenders can remain competitive in 2022’s changing market. Learn here! Presented by: Maxwell.

Mortgage 287

Mortgage Technology Lending Modernization 287

Housing Wire

AUGUST 21, 2023

LoanStar Technologies , which connects lenders with borrowers who are traditionally underbanked or unbanked, also made the list again. 469 LoanStar Technologies 1,241% 2016 Enabling lenders to connect and lend to customers who are traditionally underbanked or unbanked. Homelight , a platform for homebuyers and sellers, was No.

Real Estate 349

Real Estate Real Estate Agent Technology Investors 349

Housing Wire

MAY 8, 2023

For those in the mortgage space, there are a myriad of technology solutions claiming to help streamline lending operations and improve efficiency. When investing in a technology that someone else designed to automate workflows, it’s important to ask — how do I make this workflow work for me?

Technology 318

Technology Design Lending Business 318

Housing Wire

AUGUST 18, 2021

The global pandemic hit our industry like a pair of defibrillator paddles, bringing mortgage industry CFOs to life and sending millions of dollars into new technology investment and implementation. Development of this technology was slow initially compared to other markets, but COVID has accelerated it into high gear.

Mortgage 404

Mortgage Technology Tools Development 404

Housing Wire

OCTOBER 5, 2023

As the housing market suffers through a drought of home sales and related mortgage originations in the current high-rate environment, home prices and home equity continue to climb, helping to spark a revival of another sector — home equity lending and investment. billion, according to a review of bond-rating and industry reports.

Housing Market 374

Housing Market Marketing Contracts Finance 374

Appraisal Buzz

APRIL 15, 2024

Using the form structure, GSEs have been ingesting these eclectic abbreviations to develop a large database of residential valuation. Lenders, Lender Technology Providers, Appraisal Management Companies (AMCs), Appraisal Software Providers, and Appraisers will need to devote time and resources to this evolution.

Appraisal 397

Appraisal Design Lending Technology 397

Housing Wire

JUNE 24, 2022

Texas lender Mid America Mortgage rebranded as Click n’ Close to expand into the mortgage technology industry following the sale of the majority of its retail lending operations. Click n’ Close will retain retail operations related to its reverse mortgage and lending business for Native Americans, the company said Monday.

Mortgage 295

Mortgage Retail Technology Lending 295

Housing Wire

AUGUST 10, 2021

Fintech lender Figure Technologies is going full force in to the mortgage lending – and now servicing – blockchain revolution. Just one week after its announcement that it would merge with lender Homebridge Financial Services , the company revealed a partnership with loan servicing software developer Sagent. billion valuation.

Mortgage 355

Mortgage Technology Investors Development 355

Housing Wire

NOVEMBER 16, 2023

HousingWire Editor in Chief Sarah Wheeler sat down with Jason Bressler , CTO at United Wholesale Mortgage (UWM) to talk about how the lender is developing a smart, innovative IT team by giving them a safety net to fail. Sarah Wheeler: UWM develops all their software in-house. JB: We are wholly invested in AI right now.

Technology 420

Technology Training Development Mortgage 420

Housing Wire

DECEMBER 15, 2021

Toronto-based cryptocurrency lending platform Ledn has raised $70 million in a Series B funding round to support the growth of its digital assets lending business, including a new Bitcoin-backed mortgage product. Founded in 2018, Ledn focuses on saving and lending products for Bitcoin and other digital assets.

Mortgage 412

Mortgage Clients Lending Investors 412

Housing Wire

JUNE 30, 2021

By writing and maintaining all of the code along with investing heavily in putting together a world class modern IT infrastructure that efficiently leverages a mix of modern technologies like the public cloud and API based software architectures, UWM has been able to turn on a dime and stay well ahead of shifts in the market utilizing technology.

Tools 302

Tools Training Technology Clients 302

Housing Wire

APRIL 25, 2024

The reverse lending industry’s most prominent attendee — Kristen Sieffert of Finance of America Companies (FOA), parent company of industry-leading lender Finance of America Reverse (FAR) — offered insights into various topics about the reverse mortgage product category.

Mortgage 287

Mortgage Finance Real Estate Best Value 287

Housing Wire

MARCH 8, 2021

Despite the increased pace, the industry as a whole still has room for continued tech development and usage. HousingWire sat down with Renata Sheyner, vice president of product at CreditXpert, to learn more about key technologies that lenders need to give more attention to. First, mortgage lending is highly volatile.

Technology 306

Technology Lending Loan Officers Development 306

Housing Wire

AUGUST 17, 2023

Trius Lending Partners (no.678), InstaLend is a tech-enabled real estate loan lender that provides capital to residential developers through streamlined technology and automated workflow, according to its website. We continue investing in tech while it’s not that crazy busy. Zap Mortgage (no.294) 678), InstaLend (no.769)

Loan Officers 358

Loan Officers Mortgage Development Lending 358

Housing Wire

JUNE 2, 2022

Morgan CEO Jamie Dimon is famously no fan of crypto, the bank dove into the enigmatic world of blockchain-based finance in 2020 with the launch of Onyx , a business unit devoted to exploring and expanding the use of blockchain technologies. . also recognize the industry-changing potential of blockchain-enabled technology. .”

Technology 372

Technology Investing Investors Mortgage 372

Housing Wire

DECEMBER 10, 2020

The new technology platform, a graphical interface that reduces the need for hand-coding , enables HomePoint “rapid scalability and flexibility” to adapt to changing consumer needs while maintaining a low-cost structure, the company said. The tech solution giving community lenders an advantage.

Technology 314

Technology Real Estate Agent Development Lending 314

Housing Wire

MAY 17, 2022

With NGC’s acquisition of Inco-Check, the company aims to enhance loan quality and prevent fraud in a competitive mortgage and consumer lending market, Inco-Check said. Boston, Massachusetts-based NGC, founded in 2015, is focused on making investments in health care services, financial services technology, distribution and logistics sectors.

Logistics 296

Logistics Legal Investors Technology 296

Housing Wire

JANUARY 5, 2021

The Utah-based software developer offers a private-label digital mortgage platform and mobile app designed to connect lenders with borrowers and real estate agents. Tuesday’s most recent round of funding was led by Insight Venture Partners , who had in 2018 invested $20 million into SimpleNexus, and is no stranger to housing startups.

Architecture 386

Architecture Real Estate Agent Loan Officers Real Estate 386

Housing Wire

MARCH 28, 2024

Build the right team Given the new technologies and expert outsourcing options available to lenders today, staffing up to handle new business doesn’t make as much sense as it did in the past. Fine-tune your tech stack Once your team is in place, it’s time to empower them with the right technology.

Mortgage 400

Mortgage Technology Tools Business 400

Housing Wire

MARCH 30, 2022

The title insurance space isn’t generally known for placing outsized bets on technology. But for First American, its shrewd investments in rising proptech companies are a core business strategy. In addition, He will continue to serve as the managing director of the company’s venture investing arm. As of Sept.

Mortgage 328

Mortgage Real Estate Investing Technology 328

Housing Wire

SEPTEMBER 8, 2022

People who invest in technology often ask the question: is this a “nice to have,” or a “need to have?” Few have the resources to invest in technologies they don’t need. What’s the worst that can happen if we don’t invest in this technology?”. Developers don’t understand sales in our industry.

Business 397

Business Marketing Technology Tools 397