Housing Wire

MAY 5, 2022

The Office of the Comptroller of the Currency , or OCC, which supervises the largest banks, issued its own proposed update to the CRA in June 2020, but rescinded that rule in December 2021. The post Ready or not, CRA modernization is at the door appeared first on HousingWire. Doing those two things is difficult.”.

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Housing Wire

DECEMBER 1, 2020

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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Housing Wire

SEPTEMBER 22, 2022

These are the tech leaders who are driving innovation and modernization for their mortgage and real estate clients. 2021 Tech Trendsetters 2020 Tech Trendsetters 2019 Tech Trendsetters. The post Nominations for the 2022 HousingWire Tech Trendsetters award close tomorrow!

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Housing Wire

MARCH 27, 2024

“By embracing Corcoran’s modern technology and tools and continuing to deliver unparalleled service to our dedicated clients in the vibrant Portland market, we are perfectly poised for growth in the future.”

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Brokerage Real Estate Tools Clients 430

Housing Wire

SEPTEMBER 12, 2023

“CertifID is addressing a growing problem in an industry looking for modern solutions,” Patrick Meenan, the general partner at Arthur Ventures, said in a statement. Between 2020 and 2022, the FBI reported that the real estate sector experienced a 72% increase in business email compromise , a key component to most wire fraud attempts.

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Modernization Real Estate Technology Housing Market 397

Housing Wire

SEPTEMBER 26, 2023

There, he modernized the company’s technology infrastructure and optimized business processes, resulting in a 30% increase in operational efficiency. Dovenmuehle was 2020 HW Tech100 Mortgage winner Prior to joining Dovenmuehle Mortgage, Howerton was the leader platform security engineer at IBM.

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Technology Modernization Development Mortgage 408

McKissock

DECEMBER 18, 2020

The 2020 housing market will end the year as the highest performing sector of the U.S. The Mortgage Technology sector is growing rapidly, modernizing and digitizing what has traditionally been a fragmented and heavily regulated market. 2020 housing market recap: Demographics popped the housing bubble boys. Enjoy this article?

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Housing Market Appraisal Marketing Modernization 76

Housing Wire

JULY 9, 2021

“The support and resources Sun Capital is capable of providing to companies like ours will enable LoanLogics to continue to ensure quality performance for our clients, enhance our operations and best serve the rapidly modernizing mortgage technology market,” Neville said. It also reported a 40% increase in revenue from 2019 to 2020.

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Mortgage Technology Modernization Clients 397

Housing Wire

DECEMBER 7, 2023

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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Modernization Business Contracts Design 409

Housing Wire

DECEMBER 17, 2021

The survey’s main indicator score reached 128, a 20-point increase from 2020 to 2021. In October, the CFPB, the Office of the Comptroller of the Currency and the Department of Justice announced they would take on “modern-day redlining.” 14 survey, collected responses from 391 mortgage companies, banks and credit unions from Aug.

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Housing Wire

MAY 9, 2023

Vesta is a SaaS provider of mortgage loan origination software founded in 2020 by early Blend employees Mike Yu and Devon Yang. -based private mortgage insurance company, a subsidiary of NMI Holdings, Inc.

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Housing Wire

NOVEMBER 10, 2020

The validation and approval of Classic FICO by the enterprises allows them to continue supporting the mortgage market while assessing more modern credit score models that were submitted in response to the 2020 Joint Enterprise Credit Score Solicitation ,” the FHFA announced.

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Housing Wire

AUGUST 31, 2023

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.

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Housing Wire

SEPTEMBER 22, 2022

With the home-price growth we had in 2020 and 2021, my five-year price-growth model that I set for 2020-2024 of 23% was already smashed in just two years. Since the summer of 2020, I have talked about what could change the housing market, which was a 10-year yield above 1.94%, which means rates over 4%.

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Inventory Housing Market New Listings Mortgage 458

Housing Wire

AUGUST 31, 2022

Gloudeman’s career in mortgages and financial services will help “modernize compliance strategies for the quickly evolving mortgage landscape” as traditional approaches are falling behind, said Perry Steiner, chairman and CEO of Xactus said. Gloudeman started on Tuesday. .

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Modernization Clients Technology Insurance 370

Housing Wire

JULY 28, 2022

The acquisition of MassiveCert supports our objective of advancing the modern mortgage by allowing us to more comprehensively address our clients’ flood risk assessment needs,” said Shelley Leonard, president of Xactus. MassiveCert will be rebranded as Xactus Flood Solutions. The terms of the deal were not disclosed.

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Insurance Clients Modernization Technology 369

Housing Wire

OCTOBER 24, 2022

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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Real Estate Brokerage Technology Modernization 397

Housing Wire

SEPTEMBER 24, 2020

Nominations opened at the beginning of September, and will close September 25, 2020 — so you better get nominating! Particularly during this pivotal time for the housing industry as we enter a new era of modernization. The award highlights the most impactful and innovative technology leaders serving the housing economy.

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Housing Wire

MARCH 8, 2023

When banks fail to provide equal access to lending services in neighborhoods of color, they engage in modern day redlining and exacerbate the racial wealth gap in our country,” Kristen Clarke, assistant attorney general of the Justice Department’s civil rights division, said in a statement.

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Housing Wire

DECEMBER 21, 2020

billion and then sold it in August 2020 to Intercontinental Exchange for approximately $11 billion. In January , the company acquired multifamily real estate engagement solution Modern Message. In 2019, Thoma Bravo acquired Ellie Mae for $3.7 RealPage has had a busy year in the acquisition space.

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Housing Wire

MARCH 25, 2021

The capital raise follows a $5 million Series A funding round in June 2020. In 2020, the company says it surpassed $6 billion in monthly loan volume on its platform. Founded in 2016, Maxwell claims it has facilitated over $100 billion in loan volume to date through its platform.

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Mortgage Lending Technology Loan Officers 421

Housing Wire

JANUARY 8, 2021

LendWize took over management of the platform in early 2020 and integrated ARIVE’s software into its own technology stack. Months after taking over management of broker LOS platform ARIVE , mortgage software startup LendWize has finalized a deal to take complete ownership of the origination platform.

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Housing Wire

NOVEMBER 18, 2021

Reggora provides a modern platform that streamlines and automates the manual tasks associated with the appraisal process. For instance, in 2020, the Federal Housing Finance Agency (FHFA), put out a Request for Input (RFI) in an attempt to modernize the appraisal process. How lenders can simplify the appraisal process.

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Housing Wire

JUNE 8, 2022

” “We just have to do a little bit of modernization and we will be able to deliver that,” she said. Ginnie Mae launched its pilot program in 2020, paving the way for the agency to accept eNotes as satisfactory collateral for its mortgage-backed securities. The MBS were loans closed by Rocket Mortgage in December 2020.

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Modernization Government Mortgage Technology 370

Housing Wire

FEBRUARY 2, 2022

ConsumerDirect Mortgage rebranded itself to Real Genius and announced the launch of a modern mortgage application platform to simplify a borrower’s experience. Real Genius, a division of FirstBank , one of Tennessee’s largest community banks , said that its application platform will provide borrowers with rate and cost transparency.

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Mortgage Technology Lending Modernization 368

Housing Wire

DECEMBER 7, 2022

This time the hit on demand is much more challenging as we are working from a savagely unhealthy rise in home prices since 2000, and mortgage rates have skyrocketed in the most prominent fashion in modern history. This was something that wouldn’t happen in 2020 and 2021, based on my forecast. to a high of 7.37% — purely savage.

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Housing Market Mortgage Marketing Inventory 544

Housing Wire

AUGUST 13, 2021

2020 will essentially be looked back upon as a pivotal year, and it won’t stop with mortgage applications. By utilizing automation and digital tools, modern mortgage lenders are freed up to deliver the most value to their customers. Today it’s over 70% at big banks, and between 95% to 99% for top producers.

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Loan Officers Real Estate Agent Modernization Technology 450

Housing Wire

AUGUST 17, 2021

But there are definitely a few main things to looks out for — many of which are carrying over from a turbulent 2020 and early 2021 — when it comes to the upcoming landscape for the rest of 2021: Lack of inventory Fluctuating interest rates Increased adoption of technology. Inventory issues.

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Mortgage Inventory Real Estate Technology 512

Housing Wire

JANUARY 14, 2022

HomeSmart, like Compass , Keller Williams , eXp and other brokerages, states it has unique technology to modernize real estate. HomeSmart’s revenue soared 74% from the first nine months of 2020, when the company reported $275 million generated. million profit in the first nine months of 2020, before the $2.3

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Brokerage Agents Real Estate Loan Officers 421

Housing Wire

FEBRUARY 5, 2021

Whether you’re shopping for a fixer-upper or a home with a modern exterior, there’s nothing like finally being able to check the “buy a house” box off your bucket list. . In March 2020, Realtor.com surveyed over 2,000 homebuyers and found that a majority of pet owners consider their animals’ needs before making a home purchase.

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Housing Wire

FEBRUARY 1, 2022

Since early 2020, we’ve trained more than 150 cadets. So many companies are trying to modernize the industry by hyper-focusing on technology with the end goal of replacing appraisers. Opteon University opens the door for those who otherwise wouldn’t be able to become appraisers. Opteon President Gabriel Hern.

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Appraisal Training Modernization Technology 370

Housing Wire

JANUARY 12, 2023

I stressed in late 2020 that shelter inflation was going to take off, but the opposite is the reality now. Oil is a weapon of war in this modern age and we have fought back on this front with our reserves. The energy index decreased 4.5 Breaking down some of the internals is key to understanding the CPI data.

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Mortgage Modernization Housing Market Marketing 531

Housing Wire

APRIL 15, 2021

In modern history, the housing market has never seen a month like March. The national median home-sale price hit a record high of $353,000 in March — up 17% from 2020 — according to a new report from Redfin. This was the largest year-over-year drop on record, and the 20th straight month of declines.

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Housing Market Marketing Real Estate Agent Real Estate 479

Housing Wire

NOVEMBER 19, 2021

In a virtual seminar Thursday on “modern-day redlining,” attorneys from Garris Horn, LLP , said the CFPB’s current definition of the practice is better termed “marketing discrimination.”. In March 2020, amid the early days of the COVID pandemic, the CFPB announced flexibilities to “reduce administrative burden.”

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Lending Modernization Tools Mortgage 383

Housing Wire

JUNE 30, 2021

HW Media CEO Clayton Collins spoke with Reggora CEO and co-founder Brian Zitin about how 2020 changed appraisal tech and what appraisal modernization looks like moving forward. ” As of March 31, 1,493 fires have been reported in Utah since the beginning of 2020, resulting in 329,735 acres burned. . Presented by: Reggora.

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Real Estate Agent Modernization Real Estate Agents 397

Housing Wire

MAY 17, 2021

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. To date, 34 states have passed permanent RON legislation. “It makes sense to embrace remote online notarization as a permanent innovation.”

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Modernization Technology Design Insurance 458

Housing Wire

FEBRUARY 14, 2023

Modern software automates investor reporting and compliance and creates a more efficient workflow, allowing servicers to effectively service loans in-house. However, it’s unlikely that we’ll see the low rates of 2020 again. Servicing retention generates servicing fee income and helps servicers improve the customer experience.

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