Housing Wire

AUGUST 4, 2022

Tech-focused real estate brokerage Radius , flush with $14 million in venture capital raised this past April, has launched a mortgage lending arm in California that it plans to roll out to additional markets sometime next year. Is now a good time to invest in real estate automation technologies? million in 2021.

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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. Eric Levin is EVP of Client Development at Model Match.

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Mortgage Inventory Real Estate Technology 512

Housing Wire

SEPTEMBER 15, 2020

Last spring, the housing industry was forced to pivot its traditionally in-person processes and harness available technology resources amid the spread of COVID-19. Technology needs to support the business, not define how the business operates,” Crisenbery said. “We This interview has been lightly edited for length and clarity.

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Technology Lending Tools Clients 463

Housing Wire

MAY 3, 2024

The biggest year of mortgage production , from 2021-2022, generated $4.5 I sat down with Deitch for a wide-ranging conversation on the ways lenders can claw back profitability through smart technology and products that meet the moment. Deitch thinks technology has made a big difference but has the ability to do much more.

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Technology Lending Mortgage Investing 411

Housing Wire

AUGUST 1, 2023

Stavvy , a fintech company specializing in digital and remote collaboration for lending and real estate companies, acquired Brace , a digital mortgage servicing platform. Founded in 2018 , Stavvy works to increase efficiency and transparency in real estate and mortgage lending. Terms of the deal were not announced.

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Real Estate Lending Technology Investing 369

Housing Wire

JANUARY 18, 2022

Milo , a Miami-based digital lender, will soon offer a crypto mortgage to clients with digital assets. According to Milo’s press release , clients who use the company’s services can pledge their Bitcoin to purchase a property. If a client qualifies, they will receive a low interest rate 30-year crypto mortgage, the company said.

Mortgage 485

Mortgage Clients Real Estate Technology 485

Housing Wire

MARCH 17, 2023

Candor Technology Inc. , Candor is executing a change in strategy to address the ever-changing mortgage market and to pivot along with client operations,” Tom Showalter, CEO of Candor , said in an e-mailed response. Future development projects will follow this collaborative approach with our clients and strategic partners.

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Mortgage Clients Technology Development 369

Housing Wire

SEPTEMBER 25, 2023

Data provider Curinos partnered with Polly , a software-as-service mortgage technology firm, aimed to support lenders’ effective margin decisions. “Our partnership will enable clients to seamlessly analyze their market position and support effective margin decisions without leaving their pricing engine. .

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Technology Insurance Mortgage Lending 379

Housing Wire

JULY 11, 2022

“We intend to change how lending is going to be done fundamentally – behavior, market dynamics, products,” Kumar said. ” LendArch was founded in 2021 by Tammy Richards, whose CV includes high-level stints Bank of America , Caliber Home Loans. LendArch has over 30 clients, including lenders and broker firms.

Mortgage 368

Mortgage Architecture Technology Clients 368

Housing Wire

JUNE 5, 2023

HousingWire recently spoke with Desmond Smith , chief growth officer at United Wholesale Mortgage , about the role that wholesale lending plays in the mortgage ecosystem and common myths and misconceptions about becoming an independent mortgage broker. HousingWire: What role has wholesale lending historically played in the mortgage ecosystem?

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Mortgage Retail Lending Loan Officers 370

Housing Wire

FEBRUARY 22, 2023

Leading property data and analytics company CoreLogic has acquired Roostify , a digital mortgage technology provider. It landed a $32 million Series C funding round in 2021, which was led by Ten Coves Capital , with returning investors Cota Capital, Mouro Capital , Colchis Capital , Point72 Ventures, and JPMorgan Chase.

Mortgage 383

Mortgage Loan Conditions Technology Lending 383

Housing Wire

APRIL 14, 2022

Consolidation in the mortgage industry is likely in 2022, analysts and lending executives said. “I had not done first mortgage lending before, but I was familiar with the basics of real estate lending. “I had not done first mortgage lending before, but I was familiar with the basics of real estate lending.

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Mortgage Marketing Retail Lending 522

Housing Wire

DECEMBER 12, 2022

The mortgage lender’s overall origination volume dropped 54% from January to September compared to the same period in 2021, according to data from Inside Mortgage Finance. of the total first-line originations in the fourth quarter of 2021 to 27.9% from January to September, compared to the same period in 2021.

Marketing 397

Marketing Lending Retail Clients 397

Housing Wire

SEPTEMBER 18, 2020

As lenders continue to adjust to a new normal, the pivotal role of technology has become increasingly clear in maximizing productivity and keeping lending pipelines flowing. HousingWire: How has COVID-19 impacted technology strategies for mortgage lenders? What are some examples of these strategies?

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Business Lending Technology Clients 410

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.

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Technology Lending Clients Insurance 350

Housing Wire

JANUARY 26, 2022

Polly, a software-as-service mortgage-technology firm that operates a loan-trading platform , has raised $37 million through a new funding round, its third since launching in 2019 — bringing the total raised from investors to $57 million. Building the next generation of tech: Three ways to digitize home lending.

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Modernization Mortgage Lending Investors 369

Housing Wire

OCTOBER 19, 2023

In late August, when mortgage rates were well over 7% and beginning their climb toward 8%, Jeff Anderson had a client do what few other homeowners are willing to do: She gave up her 4% mortgage rate. At closing, my client will get $10,000 of cash up-front. In 2021, more than $1.2 mortgage rate at the end of August. “At

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Mortgage Clients Lending Home Improvement 479

Housing Wire

MARCH 9, 2022

IDS, founded in 1986 and based in Draper, Utah, employs roughly 75 people and has over 450 clients, including U.S. 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. mortgage lenders, banks and law firms.

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Lending Government Law Insurance 381

Housing Wire

APRIL 23, 2024

Rocket Mortgage launched a new artificial intelligence (AI) tool on Tuesday that allows its client experience teams to analyze sentiment, record behavior patterns, transcribe conversations and create tailored experiences during customer interactions. Each year, Rocket employees participate in 65 million calls with clients, including 3.1

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Tools Clients Investing Finance 413

Housing Wire

JULY 27, 2021

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. We got the exact opposite.

Mortgage 384

Mortgage Technology Lending Clients 384

Housing Wire

AUGUST 30, 2022

This has led many lenders to feel overwhelmed by options and lack understanding of how, when and where to best implement new technology. Many of these goals lead to adding technologies that can both speed up cycle times and drive down costs. Looking Inward. Predictably, this changes the risk profile of the overall book of business.

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Tools Lending Technology Valuation 410

Housing Wire

MARCH 30, 2021

At HousingWire’s 2021 Annual Spring Summit, CreditXpert VP of Sales and Client Success Matt Hydrew and T odd Worthington , director of qualification support at Bank of England, discussed top-of-the-funnel strategies lenders can use to help borrowers gain a better understanding of their credit score. CreditXpert’s Xpert Credit Process.

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Loan Officers Clients Tools Technology 441

Housing Wire

SEPTEMBER 24, 2021

The company says it will use the funding to “aggressively” build new products for mortgage lending and banking industries, expand its US operations and scale its staff with a focus on machine learning and data science teams. Ocrolus has onboarded over 75 corporate team members in 2021 and plans to hire even faster in 2022.

Technology 359

Technology Valuation Lending Investors 359

Housing Wire

APRIL 22, 2022

The Nima Ghamsari-led fintech is doubling down on its long-term strategy to offer a complete digital origination journey for clients. The main cost reduction target is Title365 , a business acquired from Mr. Cooper Group for $422 million in March 2021. ” In 2021, Blend processed more than 1.8

Mortgage 397

Mortgage Marketing Human Resources Clients 397

Housing Wire

MARCH 31, 2022

By focusing on its clients and their processes, WFG helps compress the time required to close a loan and/or transfer real property ownership. WFG develops solutions in direct response to industry concerns solicited through regular engagement with its Executive Roundtable (ERT) of C-suite lending executives.

Real Estate 394

Real Estate Human Resources Technology Clients 394

Housing Wire

MARCH 1, 2022

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 ). LLR is not a newcomer to mortgage technology or the overall fintech market. This isn’t a new story in mortgage lending or real estate brokerage.

Real Estate 382

Real Estate Brokerage Real Estate Agent Technology 382

Housing Wire

OCTOBER 27, 2022

Dave Parker understands the business side of mortgage lending and has brought to market new solutions that cut to the core of what the mortgage industry needs,” Neville said in a statement. In addition, former EVP of technology and operations Paul Vancheri was named president and COO of the company.

Technology 379

Technology Mortgage Lending Business 379

Housing Wire

AUGUST 9, 2021

While the non-QM market took a hit during the early part of the pandemic, these loans are making a comeback and are expected to continue to grow in 2021. HousingWire: What does the performance of non-QM in the first half of 2021 tell us about the future of non-QM lending? We can save the deal for our clients and the borrower.

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Investors Clients Lending Real Estate 410

Housing Wire

JUNE 2, 2022

An LO with a client at the closing table. The question was on the minds of many at the Waldorf Astoria in Dana Point, California on Thursday – will non-qualified mortgage products become more commoditized as the rising rate environment wallops agency lending? In 2021, S&P Global estimated non-QM volume reached $28.6

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Lending Investors Mortgage Clients 384

Housing Wire

AUGUST 7, 2020

In today’s low-rate environment, wholesale mortgage lending continues to grow, making up more than 20% market share. Nichols pointed out that after the 2008 financial crisis, wholesale lending began using technology that helped match pace with the processes of retail lenders. I mean we’re talking up to 30 years,” Nichols said.

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Retail Mortgage Loan Officers Marketing 370

Housing Wire

SEPTEMBER 30, 2021

We have deployed components and services that have changed our strategy while still offering boutique solutions to our clients’ growth goals. HW: How have you seen technology impacted by COVID-19? RPA has been a necessity due to minimal in-person interactions during the pandemic in 2020 and has continued in 2021.

Insurance 354

Insurance Lending Modernization Clients 354

Housing Wire

DECEMBER 13, 2021

Lenders and search companies alike need to look for trusted agent partners to provide the client with the experience they deserve. Serving some of the top organizations in the real estate and lending space is a privilege,” said Jason Mitchell, president of JMG. JMG, which was recognized by Real Trends in 2021 as the No.

Real Estate 421

Real Estate Real Estate Agent Agents Clients 421

Housing Wire

MARCH 17, 2021

“Offering customizable solutions for all our clients is key to this effort, regardless of their size. This focus is quite different from other providers in our space, who typically restrict that benefit to their largest-volume clients.” ” Pre-foreclosure sales are a promising alternative to foreclosures – here’s why.

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Real Estate Agent Clients Insurance Real Estate 370

Appraisal Buzz

JUNE 10, 2021

Clario’s growth is unprecedented, expanding from 30 staff appraisers in 2019 to over 100 by the end of 2020, and is on target to employ 180 staff appraisers by the end of 2021. We specialize in real estate valuations for the mortgage lending and financial services industries. To apply for the training program, visit this website.

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Appraisal Valuation Training Real Estate 370

Housing Wire

FEBRUARY 9, 2021

HousingWire: We’ve seen multiple predictions of non-QM lending heating up in 2021. We saw and endured COVID force a pause on the business and had to quickly respond and adapt to continue to lend. Angel Oak made it happen thanks to our close connection with investors who trust our loans and lending standards.

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Lending Loan Officers Business Investors 413

Housing Wire

OCTOBER 29, 2021

Luckily, the technology and infrastructure we had in place at ServiceLink kept our client service uninterrupted. This was crucial for us, and our clients, in order to maintain operations during a difficult and uncertain time. We were also able to help our clients navigate the volume spikes associated with low-interest rates.

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Inspection Technology Clients Tools 364

Housing Wire

OCTOBER 19, 2021

While 2021 volume is expected to slow somewhat, the purchase market appears to be on pace to surpass refinances, the MBA said. Additionally, homebuyers demand a fast and simple mortgage lending experience, similar to the other types of technology-driven solutions they enjoy in other aspects of their lives.

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Business Clients Technology Training 383