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How 2020 raised the stakes for the mortgage industry

Housing Wire

Prior to 2020, the mantra around the mortgage industry going back to 2016 was that launching a new “digital experience” was the equivalent to table stakes in poker. More than that, the fintechs that flooded in brought with them a promise to modernize the mortgage industry with data-rich, cloud-enabled and digitally secure workflows.

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2020 HW Tech Trendsetter: Samir Agarwal

Housing Wire

Despite the proliferation of mobile and online banking channels, local and regional financial institutions often lack the resources, expertise, and infrastructure to obtain modern digital solutions. The post 2020 HW Tech Trendsetter: Samir Agarwal appeared first on HousingWire.

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Title giant Stewart sues Qualia over software licensing agreement dispute

Housing Wire

24, 2023, Qualia informed Stewart that in an effort to “modernize” the “old legacy contracts” Adeptive had entered, it would be terminating the ResWare licensing agreement Stewart had entered with Adeptive on Jan. The firm estimates that roughly 4,000 Stewart employees use the software on a daily basis. Adeptive was acquired by Qualia in Dec.

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14 real estate trends Gen Z buyers are looking for

Housing Wire

Although some enterprising and lucky Gen Z home buyers locked in incredibly low mortgage rates during 2020 and 2021, those who weren’t ready to buy now have to contend with interest rates as high as 8%. They prize move-in ready homes that can be updated with fresh paint, new flooring and modern fixtures.

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Anywhere Real Estate appoints its first ever chief product officer

Housing Wire

Kueh said the real estate industry is “ripe” for a transformation, one in which modern design can be merged with mobile, cloud, AI and machine learning technology to improve customer and agent experiences. The profitability is a turnaround from its $360 million loss in 2020. billion, but the company has remained profitable.

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Senators reintroduce bill to allow remote online notarizations

Housing Wire

Adoption of remote online notarization soared 547% in 2020, according to a survey from the American Land Title Association (ALTA) of major vendors working in the RON space. billion notarizations are completed every year, including powers of attorney, beneficiary designations, real estate transactions and mortgages.

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A loan officer’s ultimate guide to appraisal modernization

Housing Wire

However, a year after the GSEs announced new appraisal modernization solutions, as they’re more widely adopted, questions arise. A look into GSE appraisal modernization efforts The GSEs have each offered appraisal waivers on eligible loans for several years. How do the solutions work? Why do we need them? But you already know this.