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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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How 2020 exposed a greater need for collaboration between real estate agents and LOs

Housing Wire

HousingWire recently spoke with Propertybase CEO Vance Loiselle about real estate tech and how the past year has accelerated the need for digital collaboration tools across the entire customer journey. HW: How has the financial industry’s response to COVID accelerated the need for digital tools?

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Housing industry continues to shed employees in economic downturn

Housing Wire

This white paper will examine the growing importance of modernization in the mortgage lending industry. It will provide insight and actionable advice for lenders aiming to maintain a competitive edge by adopting the right tech tools to help profits grow and keep customers satisfied. Presented by: ServiceLink.

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USAA Federal Savings Bank cuts 130 positions in real estate lending 

Housing Wire

San Antonio, Texas-headquartered USAA eliminated 130 positions in the real estate lending group amid projections that the mortgage industry will shrink in 2023. The bank has 197 active loan officers and 12 branches across the country. It has offices in seven U.S. While refis consisted of 56.7%

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Did Michael Strauss, accused of fraud, just start a new mortgage company?

Housing Wire

There were no severance packages, and even health insurance was canceled retroactive to May 2022, leaving some on the hook for huge medical bills. The nascent mortgage company, however, has only one loan officer registered and no loan origination volume so far, according to the mortgage tech platform Modex.

Mortgage 392
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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

JA: I was going back through some old PRMG stuff and they had “the five tenets of mortgage lending success” and it was: product, pricing, compensation, marketing, and fulfillment. And we’re also looking at changes for our wholesale lending technology to help streamline that. JA: First, privacy is a huge area.