Housing Wire

MARCH 17, 2023

Candor Technology Inc. , The company debuted in August 2020 with a mission to automate much of the underwriting process when making income, asset and lending decisions. The firm’s automated underwriting tech is designed to augment human underwriters’ capabilities, allowing underwriters to handle more loans.

Mortgage 311

Mortgage Clients Technology Development 311

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. Servicers must be powered by nimble technology to be heroes to borrowers, stalwarts to investors, and stewards of consumer protection to regulators. Presented by: Sagent Lending Technologies.

Technology 351

Technology Lending Investors Modernization 351

Housing Wire

JANUARY 27, 2021

Roostify, which powers the digital mortgage platforms of JPMorgan Chase , TD Bank , Guild Mortgage , HSBC Bank USA and more, allows different lending parties to bring in data and information from online sources that then tailors the homebuying process.

Lending 326

Lending Technology Loan Officers Investors 326

Housing Wire

MARCH 1, 2021

Fred Bolstad, executive vice president of retail lending at U.S. He leads both retail sales and operations, a channel that originated over $47 billion in 2020. Bank Home Mortgage , will speak on a panel titled What Mortgage Tech is Solving Now at HousingWire’s Spring Summit on March 4.

Retail 379

Retail Lending Loan Officers Technology 379

Housing Wire

SEPTEMBER 14, 2021

Black Knight is looking to hook mortgage brokers with a new loan origination system designed specifically for them. By providing anytime, anywhere access to advanced LOS technology, LoanCatcher meets brokers when and where they are, giving them the freedom to expand their business and better serve their customers.”.

Technology 253

Technology Design Lending Valuation 253

Housing Wire

JANUARY 29, 2021

The use of eNotes registered on the Mortgage Electronic Registration Systems increased a full 261% year over year in December 2020. The registry showed that 2020 was a record year for eNotes, with 462,671 registered on the MERS eRegistry. Additionally, use of this technology is trending up significantly in Midwestern states.

Law 414

Law Lending Mortgage Design 414

Housing Wire

AUGUST 31, 2022

Back then, the tech craze was booming, and the company’s founders recognized an opportunity to bring data and technology to the industry. For Flueid, the mission to deliver a digitally accelerated real estate life cycle began long before the pandemic push – nearly 30 years ago, in fact. homeowners find themselves enjoying approximately $27.8

Lending 333

Lending Real Estate Technology Design 333

Housing Wire

NOVEMBER 29, 2022

in 2020 and 2021, up from 78.4% This was “likely attributable to massive government stimulus and other support programs designed to stabilize the housing market during the COVID-19 pandemic,” according to the report. Saleh urged policymakers, regulators and lending institutions to look into ways to encourage lending fairness. “If

Lending 345

Lending Government Mortgage Valuation 345

Housing Wire

AUGUST 2, 2021

The technology components required to digitize closings – things like eSignatures and webcams – have existed for decades. The limiting factor was not technology, but the fact that the closing process requires coordinated participation from many members of a fragmented ecosystem – each with their own chosen technologies and workflows.

Modernization 378

Modernization Technology Mortgage Design 378

Housing Wire

JANUARY 28, 2021

HousingWire’s virtual demo days are designed specifically to help mortgage industry decision makers identify the technology solutions they need to operate efficiently and securely. It originated a total of $38 billion in loans through the first three quarters of 2020, according to the S-1. Mortgage Tech Demo Day. a share.

Retail 531

Retail Lending Valuation Mortgage 531

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. Most recently, the private-equity firm invested in Real , a technology-powered real estate brokerage in 2020, and perhaps most notably, e-recording provider Simplifile in 2013.

Architecture 386

Architecture Real Estate Agent Loan Officers Real Estate 386

Housing Wire

MARCH 17, 2021

The product expansion is in response to servicers who “exhausted all efforts” to keep people in their homes during the COVID-19 pandemic and economic collapse of 2020, according to WFG Default Title Services Senior Vice President Dean Kirchen.

Real Estate Agent 351

Real Estate Agent Clients Insurance Real Estate 351

Housing Wire

FEBRUARY 12, 2021

Even in the midst of a banner year, originators have to keep one eye on the technologies and competitors that could upend their carefully crafted business strategy. Taking those lessons with him, Ghamsari decided to start Blend in 2012 along with his co-founders. The focus of the Spring Summit is The Year-Round Purchase Market.

Technology 268

Technology Valuation Design Mortgage 268

Housing Wire

NOVEMBER 5, 2020

As we’ve seen throughout 2020, this crisis is accelerating adoption and acceptance of e-transactions, and when things return to normal, eSigning and eClosings will be the new normal and consumers will like it better,” ClosingCorp CEO Bob Jennings said. The survey was sponsored by ClosingCorp and jointly designed with STRATMOR Group.

Buyers 409

Buyers Design Lending Technology 409

Housing Wire

AUGUST 31, 2023

The solutions, ACE+ PDR (automated collateral evaluation plus property data report) by Freddie Mac and Value Acceptance + Property Data by Fannie Mae, were designed to increase efficiencies for all stakeholders and lower costs in comparison to traditional appraisals, while maintaining the high risk mitigation standards employed by the GSEs.

Modernization 327

Modernization Appraisal Inspection Valuation 327

Housing Wire

MARCH 25, 2021

billion the company originated in the fourth quarter of 2020. Throughout 2020, loanDepot averaged a gain on sale margin of 427 bps, easily a record for the California-based lender. “Market demand in 2020 was driven by a prolonged period of historically low interest rates. . Mortgage Tech Demo Day.

Retail 481

Retail Mortgage Design Business 481

Housing Wire

AUGUST 30, 2021

A late 2020 survey by the National Association of Realtors reports seller urgency during the pandemic, as well as the shift toward multigenerational homes to accommodate more family members. Another key takeaway – and a constant theme during the pandemic – is how technology liberated consumers and professionals alike.

Real Estate 373

Real Estate Technology Business Buyers 373

Housing Wire

FEBRUARY 5, 2021

He and his team have trained over 1 million lending professionals and worked with over 600 financial organizations and their operations teams in improving customer experience, streamlining processes and strengthening company culture. Vermillion is a trainer, speaker, consultant, author, consumer advocate, and philanthropist.

Training 231

Training Technology Valuation Real Estate 231

Housing Wire

JUNE 24, 2021

PPP may have meant something different in 2020, but this year the 3 P’s are the guiding light to long-term mortgage success and domination. Technology at the intersection of borrower and LO satisfaction. Panelists: Scott Betley, Loan Officer, NFM Lending Brena Nath, Managing Editor, HousingWire. ALL EYES ON PURCHASE.

Loan Officers 279

Loan Officers Lending Finance Business 279

Housing Wire

MAY 16, 2023

.” At that time, historically low rates spurred the mortgage market to $4 trillion in volume — and the perception among the rank-and-file was that Home Point Capital ‘s wholesale lending business Homepoint was a great place to work. At the end of 2020, Home Point’s total shareholders’ equity comprised 12.5%

Mortgage 356

Mortgage Lending Business Technology 356

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. RPAs are rigid and designed to handle repeatable tasks. Don’t blame the robots. But don’t blame the robots.

Technology 381

Technology Development Mortgage Design 381

Housing Wire

FEBRUARY 17, 2022

Cook joined FOA in March 2016 as senior managing director, became president after one year and, in October 2020, was announced as CEO. I am so proud to have played a role in building this purposefully different consumer lending platform with the broadest range of products and services designed to help a diverse consumer base,” Cook said.

Finance 284

Finance Investing Valuation Mortgage 284

Housing Wire

OCTOBER 20, 2020

Since channeling his frustrations with the mortgage borrowing process into co-founding Maxwell in 2015, Paasonen has been busy honing a technology-powered platform meant to delight borrowers with a streamlined experience for lenders. Still, community lenders aren’t immune to the challenges inherent to a rapidly changing industry.

Mortgage 372

Mortgage Real Estate Agent Technology Real Estate 372

Housing Wire

MARCH 12, 2021

Borrowers are exiting via deferral and modifications (see Figure 3), handled, of course, by smart technology solutions. As mid-March 2020 COVID lockdowns escalated to 4.3 Servicers must be powered by nimble technology to be heroes to borrowers, stalwarts to investors, and stewards of consumer protection to regulators. .

Modernization 408

Modernization Technology Investors Design 408

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. Designate a subject matter expert on all things RON.

Law 348

Law Technology Insurance Agents 348

Housing Wire

AUGUST 12, 2020

This article was written for FinLedger, HW Media’s new fintech-focused news brand designed specifically for financial services professionals in banking, insurance and real estate. Virtually every aspect of mortgage lending can be improved through digitization,” Mayopoulos added. Stay tuned for updates.

Investing 485

Investing Loan Officers Technology Development 485

Housing Wire

SEPTEMBER 23, 2021

But in the face of the ongoing epidemic and increasing volume impacting turn times, the industry will need to use technology to remediate these issues. While the immediate need for remote appraisals began in 2020, it soon became clear that these processes were here to stay. Benefits the appraiser. User-friendly for everyone.

Appraisal 320

Appraisal Inspection Technology Tools 320

Housing Wire

MARCH 24, 2021

billion in the wholesale channel in 2020 (compared to about $62 billion in retail), lost roughly 5% of its broker clients to UWM, according to company executives. Technology has given consumers the power of choice and expedited the entire real estate purchasing process. . “We’re up over 100 inquiries since March 4.”

Real Estate Agent 377

Real Estate Agent Retail Real Estate Design 377

Housing Wire

AUGUST 1, 2023

When the Federal Reserve slashed interest rates to zero on March 15, 2020 and set off an extraordinary real estate boom, Rocket Mortgage was ready. billion in profit in 2020 and $6.1 billion in profit in 2020 and $6.1 Its parent Rocket Companies rode the wave to a stunning $9.4 billion in 2021. billion in 2021.

Loan Officers 347

Loan Officers Retail Real Estate Agent Real Estate 347

Housing Wire

APRIL 6, 2022

In an effort to cool inflation , the Fed has started rolling back the pandemic stimulus measures put in place beginning in 2020. Starting in March of 2020, the Fed began employing its tactic of quantitative easing (QE) by introducing a series of economic stimulus measures in response to the COVID-19 crisis. The impact of liquidity.

Modernization 343

Modernization Mortgage Marketing Design 343

Housing Wire

JANUARY 26, 2024

Marketing and Technology: The marketing strategies and technology tools provided for agents. Keller Williams has recently worked to step up their technology and tool game so that it can better compete with the more cutting-edge brokerages. Their innovative technology tools include mobile platforms for working on the go.

Real Estate 376

Real Estate Brokerage Agents Real Estate Agent 376

Housing Wire

DECEMBER 7, 2020

However, as the campaign transitions to the Biden-Harris administration, the incoming team needs to address significant operational and design challenges before such a tax credit is sufficiently ripe for consideration by a narrowly divided Congress. of the average home price.

Law 481

Law Government Finance Mortgage 481

Will Springer Realtor

MAY 9, 2022

A growing diversified base of technology companies continue to proclaim the Eastside market as one of the best living and job opportunities in the country,” noted local commercial property firm Broderick Group in a report issued last month. based on 2020 data from the U.S. million sq. The potent combo of rising U.S. two years earlier.

Architecture 36

Architecture Design Buyers Construction 36

Appraisal Today

JANUARY 13, 2023

In a 2020 Voice of the Appraiser study by Valuation Review, 46% of appraisers listed low fees as the greatest concern for their profession. The more you know, the more you can grow your real estate appraisal business and shield your income from the ups and downs of the real estate market and encroaching technology. Control your fees.

Appraisal 52

Appraisal Real Estate Valuation Law 52

Will Springer Realtor

SEPTEMBER 8, 2021

Builders began construction on just under a million single-family homes in 2020. million mortgages in Q2, a 3% drop from Q1, marking the first time since early 2020 that the total number of home mortgages decreased. in existing-home sales April 2020-March 2021. The index hit an all-time high of 90 in November 2020.

Construction 36

Construction Inventory Buyers Real Estate 36

Will Springer Realtor

JULY 13, 2023

You are not going to get people to come back into the office to the same degree as they did before 2020. Data from the Federal Reserve indicates Goldman Sachs has the highest exposure to commercial loan losses at 16% of its lending total due within the next two years, followed by Morgan Stanley (14%) and Citizens (12%).

Construction 36

Construction Supply Chain Real Estate Development 36

Appraisal Today

NOVEMBER 20, 2022

FNMA indicates that their 2022 lending volume is down 47% from 2021 and is expected to drop by another 50% in 2023. Many thanks to Ryan Lundquist’s 2020 blog post for the very appropriate image above! . • Unsupported adjustments (adjustments based on “my 30 years in the business” instead of facts). What’s happening now.

Appraisal 52

Appraisal Real Estate Agent Real Estate Contracts 52