Housing Wire

MAY 9, 2023

National Mortgage Insurance Corporation (National MI) announced on Tuesday its integration with Vesta , a loan origination system (LOS) provider and software-as-a-service company. ” National MI’s API platform lets lenders and LOS providers quickly and seamlessly retrieve accurate mortgage insurance quotes through Rate GPS. .”

Insurance 304

Insurance Mortgage Tools Technology 304

Housing Wire

DECEMBER 7, 2022

Since the weaker CPI data was released in November, bond yields and mortgage rates have been heading lower. The question then was: What would lower mortgage rates do to this data? However, mortgage rates have fallen more than 1% since the recent highs, so it’s time to look at the data to explain how to interpret it.

Housing Market 540

Housing Market Mortgage Marketing Inventory 540

Housing Wire

JULY 9, 2021

announced the acquisition of LoanLogics , a digital mortgage solutions provider and fellow Jacksonville-based company. The LoanLogics platform provides technology automation for mortgage document processing and data-driven audit software that improves efficiency, enhances transparency, streamlines commerce, and reduces risk.

Mortgage 381

Mortgage Technology Modernization Clients 381

Housing Wire

JANUARY 12, 2023

This should also mean mortgage rates hit their highs. The key phrase I have stressed since I wrote about the case for mortgage rates to go lower on Oct. This does mean mortgage rates should be getting better today. I stressed in late 2020 that shelter inflation was going to take off, but the opposite is the reality now.

Mortgage 529

Mortgage Modernization Housing Market Marketing 529

Housing Wire

AUGUST 17, 2021

For better or worse, trends in the mortgage industry tend to mirror corresponding trends in the overall real estate market. In addition, a vast majority of people spent more time at home in 2020 than ever before in modern history. Push for tech. Like in so many other industries, the customer is driving the need for innovation.

Mortgage 506

Mortgage Inventory Real Estate Technology 506

Housing Wire

MARCH 25, 2021

Digital mortgage and fulfillment platform Maxwell has raised $16.3 Other investors included Rotor Capital , The Mortgage Collaborative Emerging Technology Fund , Prudence Holdings and existing investors including Anthemis Group , Route 66 Ventures , and Sovereign’s Capital. mortgage market. Presented by: Sutherland.

Mortgage 371

Mortgage Lending Technology Loan Officers 371

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!

Modernization 352

Modernization Real Estate Clients Mortgage 352

Housing Wire

SEPTEMBER 26, 2023

Dovenmuehle Mortgage , a top mortgage subservicing company, has appointed Robert Howerton as chief information officer to oversee the company’s IT infrastructure, the company announced on Tuesday. Prior to joining Dovenmuehle Mortgage, Howerton was the leader platform security engineer at IBM.

Technology 324

Technology Modernization Development Mortgage 324

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. Additionally, the lender promises borrowers a “personalized approach” and “access to veteran mortgage professionals.”.

Mortgage 289

Mortgage Technology Lending Modernization 289

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.

Modernization 349

Modernization Real Estate Technology Housing Market 349

Housing Wire

FEBRUARY 6, 2023

trillion mortgage servicing sector shouldn’t be “disrupted” by financial technology, it should be reimagined with fintech. Most new-to-mortgage fintech folks who overuse the word “disruptor” will start by asking, “What are your requirements?” In mortgage servicing, it’s not about “disruption” for the sake of sounding innovative.

Mortgage 291

Mortgage Investors Technology Modernization 291

Housing Wire

SEPTEMBER 22, 2022

Even though this was a beat of estimates, the sales decline trend due to higher mortgage rates and home prices continues. The savagely unhealthy housing market theme of mine is running in full force now as we have gotten no relief on home prices and now have a mega jump in mortgage rates. . We have parts of the U.S.

Inventory 438

Inventory Housing Market New Listings Mortgage 438

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.

Housing Market 76

Housing Market Appraisal Marketing Modernization 76

Housing Wire

AUGUST 31, 2022

The executive will be responsible for strengthening Xactus’ regulatory compliance framework and administering regulatory changes required by the credit and mortgage industries, the firm said. Gloudeman started on Tuesday. . where he left as chief compliance and regulatory counsel.

Modernization 368

Modernization Clients Technology Insurance 368

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.

Government 536

Government Modernization Finance Development 536

Housing Wire

AUGUST 13, 2021

In February 2019, we wrote an article predicting this seismic shift, detailing how mortgage lenders could and should prepare to not only survive the shift but thrive in the future digital age. They don’t think, “I’m going to fill out a digital mortgage application or I’m going online to do my mortgage application.”

Loan Officers 442

Loan Officers Real Estate Agent Modernization Technology 442

Housing Wire

MAY 17, 2023

Incentivized by a 200 basis point decline in mortgage rates, 14 million homeowners in America refinanced their mortgages between the second quarter of 2020 and the fourth quarter of 2021, according to a recent research report by the New York Fed. They don’t want to give up that mortgage rate. It reset the board.

Inventory 354

Inventory Sellers Modernization Mortgage 354

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. The terms of the deal were not disclosed. Servicers, are you prepared for hurricane season?

Insurance 300

Insurance Clients Modernization Technology 300

Housing Wire

MARCH 8, 2023

District Court for the Southern District of Ohio last month, alleged that Park National failed to provide mortgage lending services by redlining majority-Black and Hispanic neighborhoods in the Columbus area from at least 2015 to 2021. The complaint, filed in federal court in the U.S. Park National Bank didn’t respond to requests for comment.

Advertising 299

Advertising Lending Modernization Investing 299

Housing Wire

FEBRUARY 14, 2023

Managing a profitable mortgage business can be challenging in the best of markets. Mortgage servicing rights (MSRs) are valuable assets for mortgage lenders when origination business is slow. However, it’s unlikely that we’ll see the low rates of 2020 again. of all mortgage applications. According to J.D.

Modernization 318

Modernization Insurance Investors Tools 318

Housing Wire

JANUARY 30, 2023

The 10-year yield can’t break lower from the critical level I have discussed, so not much is happening with mortgage rates. Does this move have more legs to run, and will we need lower mortgage rates to get more growth in this data line? This is not what I want to see, but this is the reality of the world we live in post-2020.

Inventory 486

Inventory Housing Market Marketing Mortgage 486

Housing Wire

JANUARY 8, 2021

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. LendWize took over management of the platform in early 2020 and integrated ARIVE’s software into its own technology stack.

Modernization 368

Modernization Technology Tools Mortgage 368

Housing Wire

DECEMBER 17, 2021

14 survey, collected responses from 391 mortgage companies, banks and credit unions from Aug. 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.”

Modernization 315

Modernization Lending Law Business 315

Housing Wire

JUNE 8, 2022

The government-sponsored enterprises, Fannie Mae and Freddie Mac , allow for the commingling of digital and paper notes in securitized mortgage pools. ” “We just have to do a little bit of modernization and we will be able to deliver that,” she said. The MBS were loans closed by Rocket Mortgage in December 2020.

Modernization 308

Modernization Government Mortgage Technology 308

Housing Wire

NOVEMBER 19, 2021

The Consumer Financial Protection Bureau (CFPB) is launching a voluntary review of its mortgage data collection — a key tool in bringing redlining cases — to assess its effectiveness in detecting discrimination. The agency also uses HMDA data to identify and call attention to systemic issues in mortgage lending.

Lending 299

Lending Modernization Tools Mortgage 299

Housing Wire

NOVEMBER 18, 2021

For lenders to successfully manage their portfolios, they need to provide borrowers with a seamless mortgage process from start to finish. He commented, “Reggora is taking a unique approach to solving a historic challenge in the mortgage loan process, and I am proud to join in the mission to deliver consistent two-day appraisal turn times.”.

Appraisal 380

Appraisal Appraisal Process Modernization Technology 380

Housing Wire

APRIL 6, 2022

Between the recent rate hike from the Federal Reserve , the ongoing war in Ukraine and continued economic recovery following the pandemic, mortgage lenders across the country are managing a volatile housing market. In an effort to cool inflation , the Fed has started rolling back the pandemic stimulus measures put in place beginning in 2020.

Modernization 345

Modernization Mortgage Marketing Design 345

Housing Wire

JULY 16, 2021

As Chief Operating Officer at First Guaranty Mortgage Corp , Sarah Gonzalez has modernized the FGMC brand, recruited top talent and implemented operational efficiencies that significantly reduce the cost per loan across all production channels. During her third year at FGMC, Gonzalez was recognized by HousingWire as a 2020 Vanguard.

Investing 347

Investing Training Development Modernization 347

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. billion notarizations are completed every year, including powers of attorney, beneficiary designations, real estate transactions and mortgages.

Modernization 449

Modernization Technology Design Insurance 449

Housing Wire

MARCH 1, 2022

In January I received a text message from Dave Savage, CEO of Mortgage Coach. News just broke that private equity investor LLR Partners announced strategic investments in two mortgage technology companies — Mortgage Coach and Sales Boomerang ( click here for article ). Tech100 Mortgage Winners. Hey Clayton …” and a link.

Real Estate 318

Real Estate Brokerage Real Estate Agent Technology 318

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.

Housing Market 471

Housing Market Marketing Real Estate Agent Real Estate 471

Housing Wire

DECEMBER 21, 2020

NAMB has been advocating for mortgage brokers for almost 50 years. billion and then sold it in August 2020 to Intercontinental Exchange for approximately $11 billion. billion and then sold it in August 2020 to Intercontinental Exchange for approximately $11 billion. about the organization’s past and current legislative efforts.

Real Estate 466

Real Estate Property Management Modernization Investing 466

Housing Wire

JULY 13, 2021

Guaranteed Rate, the Chicago-based mortgage lender , and Compass, the New York City-headquartered residential real estate brokerage , “entered into a definitive agreement to form OriginPoint , a new mortgage origination company,” according to a press release Tuesday. billion in mortgages last year. billion market capitalization.

Brokerage 293

Brokerage Real Estate Agents Clients 293

Housing Wire

APRIL 5, 2022

The CFPB filed its amicus brief on Monday, in a class action lawsuit before the Ninth Circuit Court of Appeals, alleging that Wells Fargo flouted its obligations to answer questions about two loans it serviced in 2020. A look at key mortgage claims challenges servicers are facing. Presented by: Newbold.

Modernization 362

Modernization Law Mortgage Real Estate 362

Housing Wire

APRIL 21, 2021

During the Mortgage Bankers Association’s spring conference on Tuesday, FHFA Director Mark Calabria hinted that the power of attorney, verification requirements and condo project reviews would be wrapping, however, more likely “this summer.”

Real Estate Agent 392

Real Estate Agent Valuation Appraisal Modernization 392

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.

Modernization 329

Modernization Appraisal Inspection Valuation 329

Housing Wire

SEPTEMBER 18, 2020

Ultimately, we are preparing for the digitization of the entire mortgage cycle, front-to-back,” said Brent Chandler, FormFree Founder and CEO and HousingWire 2019 Tech Trendsetter. HousingWire reached out to Chandler to discuss how COVID-19 has propelled a much-needed modernization among lenders.

Business 395

Business Lending Technology Clients 395