Housing Wire

AUGUST 31, 2022

Xactus, which says it has more than 6,500 clients including bank and nonbank mortgage originators, uses its proprietary technology platform to close loans quickly. Since then, the firm acquired MassiveCert , a software company that provides flood zone determinations for insurance, lending and real estate in July.

Modernization 370

Modernization Clients Technology Insurance 370

Housing Wire

JUNE 2, 2021

The New York-based startup’s latest funding round will focus on continued expansion of its technology as it navigates the highly competitive and ever-growing digital mortgage space. Spruce currently works with clients including Better.com, Hometap, and US Wide.

Real Estate 410

Real Estate Investors Insurance Clients 410

Housing Wire

MARCH 31, 2022

WFG National Title Insurance Company (WFG) is a wholly owned subsidiary of Williston Financial Group and a national title insurance underwriter dedicated to taking time and cost out of real estate transactions. WFG’s MyHome, Blocks, and DecisionPoint products are perfect examples. Steve Ozonian, CEO, Williston Financial Group.

Real Estate 397

Real Estate Human Resources Technology Clients 397

Housing Wire

MARCH 17, 2021

WFG Title Insurance will now offer forbearance, loan modification, and foreclosure information reports as part of its general title and closing services. “Offering customizable solutions for all our clients is key to this effort, regardless of their size. .

Real Estate Agent 370

Real Estate Agent Clients Insurance Real Estate 370

Housing Wire

DECEMBER 22, 2023

Attending industry-related conferences and visiting clients, I was typically the only person in the room under the age of 30. For Gen Z, technology is second nature Gen Z is considered those who were born between 1997 and 2012 — today, members of Gen Z are between 11 and 26 years old.

Real Estate 432

Real Estate Technology Finance Investing 432

Housing Wire

OCTOBER 27, 2020

HousingWire recently spoke with Susan Falsetti, managing director of Origination Title and Close at ServiceLink, about the state of title in 2020 and how the EXOS technology platform allowed ServiceLink clients to take advantage of virtual closing solutions. This technology became essential amid social distancing guidelines.

Clients 397

Clients Technology Insurance Loan Officers 397

Housing Wire

APRIL 7, 2022

In 2008, as the financial crisis was unfolding, he landed a job at secretive big data startup Palantir , where he learned that the $10 trillion mortgage industry was still in the Stone Age technologically. million in 2020 during the refi-boom and with the market headed into a correction, executives warned investors revenue would plummet.

Mortgage 384

Mortgage Technology Clients Insurance 384

Housing Wire

APRIL 18, 2023

However, it still appears that lenders are focusing their technology investments on the point of sale. A 2020 ICE Mortgage Technology survey confirmed this, reporting that 58% of borrowers were affected in their decision making by the presence (or lack thereof) of an online application. This comes as no surprise.

Mortgage 370

Mortgage Technology Business Investing 370

Housing Wire

SEPTEMBER 21, 2021

While the rise of digital technology has permanently shifted the world of lending, many borrowers still look for a human-touch experience to help create trust and transparency throughout the lending process. “A HW: Where would you advise clients and colleagues to focus their technology resources as we navigate the second half of 2021?

Technology 367

Technology Lending Clients Insurance 367

Housing Wire

SEPTEMBER 30, 2021

We have deployed components and services that have changed our strategy while still offering boutique solutions to our clients’ growth goals. Our solution prioritizes the borrower experience and promotes a “self-cure” to insurance resolution with a multi-channel campaign that includes both digital and print touchpoints with consumers.

Insurance 368

Insurance Lending Modernization Clients 368

Housing Wire

JULY 2, 2021

Title insurance provider First American Financial Corporation announced the acquisition of Texas-based Georgetown Title , a company with roots planted in the Lone Star State over 125 years ago. billion underwritten by title insurers in 2020 was a 22% increase from $15.8 billion in 2019.

Insurance 310

Insurance Clients Technology Development 310

Housing Wire

MARCH 9, 2022

banks, lenders, credit unions, insurers and securities firms. IDS, founded in 1986 and based in Draper, Utah, employs roughly 75 people and has over 450 clients, including U.S. In late 2020, Wolters Kluwer GRC acquired cloud-based digital lending software firm eOriginal for about $280 million. Presented by: Wolters Kluwer.

Lending 384

Lending Government Law Insurance 384

Housing Wire

APRIL 19, 2022

The company, whose white-label technology powers mortgage applications on the websites of major lenders such as Wells Fargo and U.S. Blend wrote in its Q4 earnings presentation that rising mortgage rates have forced executives to pull back “very hard” on hiring and hinted layoffs in title insurance. Bank , expects to incur about $6.7

Mortgage 370

Mortgage Investors Clients Insurance 370

Housing Wire

JUNE 8, 2021

At the end of the first quarter, Fathom — a real estate and technology services platform — had approximately 2,400 real estate agents in Texas, including around 1,700 in the Dallas-Fort Worth metroplex. “[Mitchell] brings a wealth of experience and well-earned respect to Verus, as we continue to serve agents and clients across Texas.”

Real Estate Agent 336

Real Estate Agent Real Estate Technology Agents 336

Housing Wire

MAY 4, 2021

This trend became a necessity during COVID-19 when real estate and title professionals found many that of their clients wanted to do business remotely. A survey by the American Land Title Association in December found that RON adoption soared 547% in 2020.

Tools 375

Tools Human Resources Technology Real Estate 375

Housing Wire

JUNE 1, 2022

For the first time, the ALTA Registry will provide data on individual title insurance and settlement services companies, identified by an ALTA ID. It’s crucial that the title insurance industry urge progress and innovation in the digital closing space.

Insurance 410

Insurance Real Estate Agents Technology 410

Housing Wire

JULY 27, 2021

Entering 2020 the market was expecting <$2.0 To aid lenders in the latter pursuit, SitusAMC purchased PP&E platform ReadyPrice in December 2020, providing a community-driven platform that connects brokers and wholesale lenders to facilitate more seamless loan discovery and delivery. We got the exact opposite.

Mortgage 384

Mortgage Technology Lending Clients 384

Housing Wire

AUGUST 23, 2023

” Better is partnering with other businesses to offer services such as homeowner’s insurance and to provide access to a network of real estate agents, rather than offering these products and services directly to borrowers. The company went from a $500 million profit and 11,000 employees in 2020 to only 950 employees by June 2023.

Realtors 370

Realtors Technology Insurance Mortgage 370

Housing Wire

AUGUST 20, 2020

Azevedo initially joined HW Media in June 2020 as Fintech Editor for HousingWire, and was quickly identified as the right talent to lead the launch of FinLedger as managing editor. . FinLedger officially launched on August 17, 2020. About FinLedger. Published by HW Media. Visit FinLedger.com to learn more. About HW Media.

Real Estate 323

Real Estate Technology Design Insurance 323

Housing Wire

AUGUST 8, 2022

Dave Applegate, a board member since 2020, has been named the company’s chairman. Chief Operating Officer Rob Lux was named co-CEO for operations, technology, business development, client management, human resources, and legal. Tornquist served the company for 35 years and became CEO in 2008.

Human Resources 370

Human Resources Legal Finance Insurance 370

Housing Wire

JANUARY 31, 2024

In addition to backups, cybersecurity experts also stressed the importance of having a cyber insurance policy. “A A good cyber insurance policy can really help for some of these types of attacks that we are seeing,” Adams said. “It The industry has also struggled in recent years as some carriers have left the cyber insurance arena.

Mortgage 441

Mortgage Insurance Tools Business 441

Housing Wire

NOVEMBER 10, 2020

Rocket Companies assisted more clients in the third quarter of 2020 than any quarter in our 35-year history,” CEO Jay Farner said on the Tuesday afternoon earnings call. Meanwhile, its partner network, which includes referrals from Charles Schwab and State Farm Insurance as well as mortgage brokers , generated $29.6

Clients 496

Clients Insurance Mortgage Real Estate 496

Housing Wire

JULY 26, 2021

In fact, the FBI’s Internet Crime Complaint Center (IC3) has experienced a record number of reported complaints as of late, jumping from 5 million logged complaints as of March 12, 2020, to 6 million as of May 15, 2021. increase in errors related to CPL/agent validation in title insurer systems, as well as an 114.6%

Tools 473

Tools Agents Clients Technology 473

Housing Wire

OCTOBER 29, 2021

Dave Steinmetz: Starting in early 2020, we worked to scale production with the challenges presented by the combination of the pandemic and record volumes. Luckily, the technology and infrastructure we had in place at ServiceLink kept our client service uninterrupted.

Inspection 381

Inspection Technology Clients Tools 381

Housing Wire

APRIL 7, 2022

An ALTA Vendor Survey showed that RON transactions increased by 547% from 2019 to 2020. While the pandemic thrust RON into the mainstream of the industry, many are still wondering how the technology can benefit them and the closing process going forward. If they do insure them, they will vet and approve your RON vendor.

Law 370

Law Technology Insurance Agents 370

Housing Wire

APRIL 5, 2021

Technology has given consumers the power of choice and expedited the entire real estate purchasing process. Successful agents, brokerages and loan officers of the future are going to rely significantly on technology to find, nurture and engage with buyers and sellers while also playing an expanding role as personal advisors. .

Buyers 473

Buyers Real Estate Agent Real Estate Brokerage 473

Housing Wire

JUNE 11, 2021

In 2020, the refinance boom caused lenders and brokers to go on hiring sprees, and loan originators were putting in substantial hours. Purchase originations require enhanced communication with clients and typically take longer to reach the finish line. It can be a frustrating experience for the broker and for the client.”.

Appraisal 382

Appraisal Clients Insurance Lending 382

Housing Wire

NOVEMBER 5, 2020

2020 has been a tough time for many, but for people in housing, it’s like all the oak trees in the forest suddenly dropped their acorns at once, and you’ve been madly collecting them as many as you can before they’re gone. 2020 was the year of delivering great value to your clients – incredible, hardly-ever-seen-in-our-lifetime value.

Marketing 410

Marketing Clients Business Tools 410

Housing Wire

APRIL 12, 2023

Ike Suri is chairman and CEO of FundingShield , a loan-level fraud prevention and risk management company that offers tech-based solutions to help clients securely manage funding processes and avoid wire-fraud schemes. said technology exists to help protect against BEC threats, adding that being oblivious to the threat only compounds it.

Real Estate 384

Real Estate Government Technology Real Estate Agent 384

Housing Wire

NOVEMBER 9, 2021

The refinance explosion of 2020 wasn’t going to last forever. Does the providers technology align with the lender’s process? The title insurance industry, regulated at the state level, is a grand example. Purchase volume has caught up with, and will likely soon eclipse, refinance volume.

Mortgage 383

Mortgage Clients Training Marketing 383

Housing Wire

OCTOBER 7, 2020

Behind him, the recent financial crisis still cast a cautionary shadow over new business development, but ahead he saw opportunities for a client-centric, tech-focused family of companies in the title insurance and real estate settlement services industry. Now, at WFG’s 10-year anniversary, this vision holds even more relevance.

Insurance 370

Insurance Real Estate Technology Loan Officers 370

Housing Wire

FEBRUARY 14, 2022

And so, because of that, we had to make our agents independent contractors and terminate their pension plan and health insurance.”. While the average NAR member conducts 10 deals a year, according to the trade group, the average Redfin agent performed 32 transactions from the third quarter of 2020 to quarter three of 2021.

Business 370

Business Brokerage Real Estate Agent Agents 370

Assurance Financial

MARCH 2, 2022

Katherine Campbell, Chief Digital Officer at Assurance Financial who won the 2020 Housing Wire Tech Trendsetter award, shares her greatest success story in mortgage process digitization to date ahead of her session at PEX Live: Digital Mortgage Process 2022. After a few months, however, these capabilities made the loan officers the heroes.

Mortgage 36

Mortgage Loan Officers Technology Insurance 36

Housing Wire

JUNE 8, 2022

With interest rates hitting all-time lows, lenders doubled their origination volume to more than $4 trillion in both 2020 and 2021, hired more staff and ramped up investment in technology to close loans faster. billion came from its origination technology, according to their earnings reports. Of the $387.2 Halbrook said.

Mortgage 384

Mortgage Technology Loan Officers Investing 384

Housing Wire

AUGUST 20, 2021

Yes, 2020 gave certain sectors a tail-wind but nonetheless these companies all had to manage through uncertainty while growing at breakneck speeds. And Nationwide Mortgage Bankers posted an insane average three-year growth rate of 16,396% in 2020. 2020 total volume for refinances and purchase mortgages totaled $3.83

Real Estate 450

Real Estate Realty Brokerage Mortgage 450

Housing Wire

APRIL 14, 2021

Based on 2020, many mortgage lenders are now exploring technology. More specifically, how technology could leave them less exposed to excessive underwriting costs and make them “market ready” for any volume. The economic benefit to Candor’s clients has proven to be significant, including an 18.7 Don’t blame the robots.

Technology 384

Technology Development Mortgage Design 384

Housing Wire

FEBRUARY 23, 2021

Among these unknowns are changes that could affect lender-placed insurance (LPI). The LPI process is governed by state and federal laws and regulations, as well as investor, guarantor and insurer guidelines. In 2020, Federal Regulators and the FHA proposed updates to the Interagency Flood Q&As.

Insurance 378

Insurance Law Clients Development 378