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SimpleNexus secures $108 million in Series B funding round

Housing Wire

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. The fund raise comes as the company attempts to increase its marketshare within the eClosing and mobile mortgage segments. billion.

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New American Funding cofounders talk expansion, prospects for 2023

Housing Wire

When rates start to trend down, the company expects to add more loan officers, call center staff and operation staff. Now that the market has turned, do you see any challenges for your purchase call center agents ? Kim: One of NAF’s priorities is on lending to the Hispanic community. We’re growing quite a bit.

Retail 305
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The strategy behind UWM’s multibillion dollar investment

Housing Wire

Ishbia, who started running his father’s mortgage firm in 2013 and has since grown it into the country’s No. Ishbia is confident his firm can benefit from this trend by cutting prices for brokers and bringing more retail loan officers to its wholesale channel, whose market share currently stands at around 20%.

Investing 403
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Appraisal Risk, Reviews, and Revisions

Appraisal Today

While that number may seem high to some, in the context of lending and property complexities, that is a 54% improvement in performance cited earlier in this article (from 35% 10 years ago). Excerpts: Completed in 2013, the 50,738-square-foot compound has six bedrooms, 8.5 Get started as a luxury real estate appraiser.