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Marc King out, Mark Willis in at KW

Housing Wire

According to the annoucment, King, who has been with Keller Williams since 2001, will continue as a training and coaching leader for Keller Williams’ Franchise Systems Orientation and will continue his work updating the Team Leader and Keller Williams experiences.

Training 358
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FDIC finds banks violated RESPA on mortgage brokerage payments

Housing Wire

The CFPB inherited the responsibility to impose statements of policies (SOPs) created by the Department of Housing and Urban Development (HUD) in 1999 and 2001. The FDIC recognizes that technology now has a role in the brokerage firm services provided and can impact its value.

Brokerage 390
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What is SoFi acquiring with Wyndham Capital Mortgage?

Housing Wire

SoFi Technologies announced Monday that it had acquired fellow digital lender Wyndham Capital Mortgage in an all-cash transaction. Its scalable digital technology platform appears to be what SoFi – whose mortgage business has also been shrinking – coveted most. In doing so, SoFi will rely less on third-party partners and processes.

Retail 356
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Veros acquires appraisal management company Valligent

Housing Wire

The parent company of appraisal software firm Veros Real Estate Solutions has acquired California-based appraisal management company Valligent Technologies. Veros, in business since 2001, provides services for automated valuations, fraud and risk detection, portfolio analysis and forecasting.

Appraisal 405
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Opinion: Unleashing AI real estate marketing magic

Housing Wire

When we contemplate the potential of AI and Web3 technologies in real estate , it goes beyond simply revolutionizing how consumers search for homes and take ownership of assets. The technologies that truly succeed are the ones that prioritize saving agents time and driving their business forward and so far there haven’t been many.

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SitusAMC acquires ComplianceEase in latest mortgage tech M&A deal

Housing Wire

Real estate services and technology firm SitusAMC just acquired the parent company of compliance technology provider ComplianceEase , the latest in a series of mergers and acquisitions that are shaking up the mortgage tech space in the last year. The firm says it has processed audits for over 90 million loans in the last two decades.

Mortgage 292
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Interfirst Mortgage raises $175 million

Housing Wire

has raised $175 million to accelerate growth and fund new technologies , just 16 months after relaunching its operations. Interfirst was founded in 2001 as a retail originator but expanded to the wholesale channel in 2008 and the correspondent channel in 2011. Chicago-based mortgage originator Interfirst Mortgage Co.

Mortgage 327