Housing Wire

FEBRUARY 24, 2021

HousingWire: What role has the increase in technology played for both businesses and consumers in the real estate space? Vance Loiselle: In the 20th century, the primary technology innovations in real estate were the telephone and the MLS. This will result in a major shift in how people use their homes and where they want to live.

Real Estate Agent 273

Real Estate Agent Real Estate Agents Loan Officers 273

Housing Wire

JULY 21, 2023

Citywide Home Loans , a Utah-based mortgage lending company, agreed to settle a $1.2 million class action lawsuit to resolve claims surrounding a 2020 data breach. Because the mortgage industry has become more technologically interconnected, companies are spending more on IT security and infrastructure.

Legal 316

Legal Technology Insurance Lending 316

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. According to the firm, clients of Candor shave about 14 to 19 days from cycle time, as the technology eliminates queuing.

Mortgage 311

Mortgage Clients Technology Development 311

Housing Wire

JANUARY 3, 2022

As a result, 77% of counties included in the report have now been labeled as less affordable by ATTOM, up from 39% of counties in the fourth quarter of 2020. The data vendor also noted that in the third quarter of 2021 , 428 counties from the same data set were labeled as less affordable, up from 224 counties in the fourth quarter of 2020.

Property Taxes 532

Property Taxes Lending Housing Market Insurance 532

Housing Wire

SEPTEMBER 8, 2022

Founded in 2020, Truv covers more than 120 million Americans via 50 integrations with payroll providers and more than 2,000 customer-built connections to specific employers, according to the firm’s website. Xactus is comprised of the merged family of companies that includes Credit Plus, DataFacts Lending Solutions and MassiveCert.

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Lending Insurance Mortgage Real Estate 369

Housing Wire

FEBRUARY 3, 2021

In a bid to aid borrowers, the Department of Housing and Urban Development announced on Wednesday a series of temporary waivers that will allow servicers to use alternative methods when servicing FHA -insured forward and reverse mortgages. Strategies retail lenders should adopt from D2C lending. 17, 2020 but were set to expire Feb.

Mortgage 437

Mortgage Insurance Lending Retail 437

Housing Wire

JULY 28, 2022

Xactus will add flood services to its list of verification solutions with the acquisition of MassiveCert , a software company that provides flood zone determinations for insurance, lending and real estate. MassiveCert will be rebranded as Xactus Flood Solutions. The terms of the deal were not disclosed. “The

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Insurance Clients Modernization Technology 299

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.

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Modernization Clients Technology Insurance 368

Housing Wire

AUGUST 23, 2023

Since the deal announcement, Better’s employment count dropped from 11,000 employees in 2020 to 950 workers as of June 2023. It also dealt with the bad press after Garg laid off employees via Zoom in December 2020. Better plans to be a mortgage marketplace that sells its technology platform to other companies. “Our

Finance 350

Finance Insurance Mortgage Realtors 350

Housing Wire

MARCH 9, 2022

banks, lenders, credit unions, insurers and securities firms. What are the building blocks of digital lending? In late 2020, Wolters Kluwer GRC acquired cloud-based digital lending software firm eOriginal for about $280 million. Presented by: Wolters Kluwer. Presented by: Wolters Kluwer.

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Lending Government Law Insurance 308

Housing Wire

AUGUST 24, 2023

Since the deal announcement, Better’s employment count nosedived to 950 workers in June 2023 from 11,000 employees in 2020. Better dealt with the bad press after Vishal Garg, Better’s founder and CEO, laid off employees via Zoom in December 2020. The company posted a loss of $89.9

Insurance 363

Insurance Mortgage Realtors Business 363

Housing Wire

SEPTEMBER 28, 2023

In my career, I’ve swung between enabling technology and securing it at the same time. SW: At PRMG, do you generally build or buy technology? JA: I was going back through some old PRMG stuff and they had “the five tenets of mortgage lending success” and it was: product, pricing, compensation, marketing, and fulfillment.

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Technology Loan Officers Lending Business 382

Housing Wire

JULY 27, 2021

Entering 2020 the market was expecting <$2.0 trillion in origination volume and a continuation of tight lending spreads. Then, by late Q1/early Q2 2021, pricing wars were erupting in various channels, margins were falling (rapidly), and the industry was getting ready for a decrease in lending activity in the back half of the year.

Mortgage 382

Mortgage Technology Lending Clients 382

Housing Wire

NOVEMBER 3, 2021

The brokerage on Wednesday also announced that the launch of its residential lending joint venture Success Lending with Kind Lending, LLC has been approved in Colorado, Illinois and Tennessee. by transaction volume in 2020 with $72.2 Residential transaction volume also rose to $46.6

Brokerage 304

Brokerage Lending Realty Agents 304

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. WFG reported its highest volume months ever during the second and third quarters of 2020.

Real Estate Agent 351

Real Estate Agent Clients Insurance Real Estate 351

Housing Wire

JULY 6, 2021

Blend’s white label technology is what powers mortgage applications on the site of banks such as Wells Fargo and U.S. CEO Nima Ghamsari, a former employee of analytics giant Palantir Technologies , and Blend President Timothy Mayopoulos, a former chief executive officer at Fannie Mae. “For 2019 and 2020, our revenue was $50.7

Technology 369

Technology Mortgage Valuation Insurance 369

Housing Wire

FEBRUARY 4, 2021

This would be a premium of 51% to CoreLogic’s unaffected share price as of June 25, 2020. Stone Point is a financial services-focused private equity firm with stakes in companies such as Long Wolf Technologies and Homepoint. Strategies lenders should adopt from direct to consumer lending. Sign up here.

Legal 409

Legal Investors Lending Finance 409

Housing Wire

MARCH 17, 2021

UniversalCIS also moved into the appraisal space in January after it acquired mortgage tech provider Sharper Lending. By the end of 2020, it brought in $200 million, and with it, Lovell Minnick’s partnership. “Providing a best in class service technology to those firms is an ever increasing need. Cooper on Monday.

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Technology Lending Investing Insurance 378

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 Bridge the divide of what can be done by technology and what should remain a human process.

Technology 262

Technology Lending Clients Insurance 262

Housing Wire

SEPTEMBER 30, 2021

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. HW: How have you seen technology impacted by COVID-19? Seeing a better way, Allied has revolutionized mortgage tracking.

Insurance 267

Insurance Lending Modernization Clients 267

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. This ongoing engagement is an example of WFG’s foundational pledge to “Communicate, Collaborate, Coexist.”

Real Estate 320

Real Estate Human Resources Technology Clients 320

Housing Wire

MAY 26, 2021

Technology for navigating secondary market challenges. AmeriHome purchased approximately $65 billion in conventional conforming and government-insured originations in 2020. Texas Capital’s correspondent lending business originated approximately $2.4

Lending 386

Lending Mortgage Insurance Government 386

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 350

Realtors Technology Insurance Mortgage 350

Housing Wire

MARCH 9, 2021

Most agree that in 2021, we will not match the astronomical origination volume seen in 2020. How hybrid title and valuations help increase lending efficiency. And the issue is only compounded by the fact that every state (and seemingly, every city) has its own rules and requirements to issue title insurance and hold a closing.

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Marketing Technology Lending Business 410

Housing Wire

FEBRUARY 10, 2022

The company’s total revenue for 2021 was up 30% from 2020 to a record of $9.2 Leveraging our proprietary data extraction technology, we are currently maintaining more than 1,600 title plants covering nearly 80% of the U.S. billion in revenue from its title insurance and services segments, a 13% year-over-year increase.

Insurance 343

Insurance Investing Inventory Business 343

Housing Wire

OCTOBER 13, 2021

has raised $175 million to accelerate growth and fund new technologies , just 16 months after relaunching its operations. Last year, Interfirst relaunched its services with a new proprietary loan origination technology platform. billion in loan volume between June 2020 and June 2021. The originations went from $14.1

Mortgage 282

Mortgage Investors Investing Technology 282

Housing Wire

MARCH 16, 2022

As part of the merger, Jim Black, the founder of All Cal, will become chief lending officer of InstaMortgage. Formerly known as Arcus Lending , InstaMortgage originated about $800 million in volume last year and All Cal notched about $300 million in origination volume in 2021.

Retail 351

Retail Loan Officers Brokerage Technology 351

Housing Wire

JUNE 1, 2021

This year’s class of Rising Stars matches the recording-breaking and unparalleled year that the housing industry experienced in 2020. ICE Mortgage Technology. Genworth Mortgage Insurance. EVP, Retail Lending. Supreme Lending. VP, Lending Support. Louis daRosa. VP of Engineering. Madisyn Rhone. Malte Kramer.

Retail 385

Retail Lending Loan Officers Finance 385

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. ” Fathom acquired Verus in November 2020 to complement its suite of services in the residential and commercial real estate market.

Real Estate Agent 222

Real Estate Agent Real Estate Technology Agents 222

Housing Wire

AUGUST 26, 2021

In late 2020, Stewart acquired a significant number of Western U.S. It claims to have more than 3,000 customers in lending and real estate. Stewart continues to invest in the creation of an end-to-end, customer-focused real estate services and technology platform,” Stewart CEO Fred Eppinger said in a statement. “By

Real Estate 387

Real Estate Valuation Investing Tools 387

Housing Wire

APRIL 16, 2021

Blend’s white label technology is what powers mortgage applications on the site of banks such as Wells Fargo and U.S. In all, its technology platforms saw $1.4 trillion in mortgages and other loans in 2020, Blend said. The digital lending software provider has even been breaking into adjacent businesses of late.

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Valuation Technology Lending Mortgage 245

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 5000 map.”.

Real Estate 441

Real Estate Realty Brokerage Mortgage 441

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

MARCH 24, 2021

Residential lending professionals today are being tasked to weather one storm after another. At the beginning of 2020, industry reporting suggested that lenders were experiencing a decreased number of compliance and quality control issues. Leveraging technology can help.

Tools 379

Tools Technology Lending Business 379

Housing Wire

MARCH 26, 2021

Judd Hoffman has been hired as chief executive officer for Proper Title LLC , an Illinois-based title insurance agency that’s backed by top independent real estate brokerage @properties. There, he oversaw States Title use of predictive analytics and technology on its title and escrow platform. “The Presented by: Altisource.

Brokerage 247

Brokerage Insurance Real Estate Valuation 247

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 325

Clients Technology Insurance Loan Officers 325

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.

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Law Technology Insurance Agents 348