Housing Wire

JULY 1, 2021

When mortgage and acquisition activity picked up, marketers created new brand unity between companies. They were there, in the middle of everything, to make sure that brand loyalty would last well beyond 2021. First Guaranty Mortgage Corporation. Princeton Mortgage. A&D Mortgage. Mortgage Capital Trading.

Marketing 394

Marketing Advertising Real Estate Technology 394

Housing Wire

NOVEMBER 8, 2022

Publicly traded lending software firm MeridianLink has acquired OpenClose , a fintech company that specializes in residential mortgage software solutions for banks, credit unions and mortgage lenders. How mortgage lenders are qualifying the value of fintech solutions. Presented by: Total Expert.

Mortgage 416

Mortgage Lending Technology Insurance 416

Housing Wire

JANUARY 18, 2022

Milo , a Miami-based digital lender, will soon offer a crypto mortgage to clients with digital assets. If a client qualifies, they will receive a low interest rate 30-year crypto mortgage, the company said. And unlike conventional mortgages, there are no down payment requirements.

Mortgage 481

Mortgage Clients Real Estate Technology 481

Housing Wire

DECEMBER 1, 2022

Sales Boomerang and Mortgage Coach announced an API integration between Mortgage Coach and SaaS technology provider Polly on Thursday. Now, lenders can merge the benefits of our high-performance PPE with Mortgage Coach’s ability to multiply borrower conversion,” said Adam Carmel, founder and CEO of Polly, in a statement.

Mortgage 406

Mortgage Technology Investing Design 406

Housing Wire

MARCH 17, 2023

a mortgage artificial intelligence firm focused on automated mortgage underwriting decisions, has conducted layoffs as lenders rush to cut costs. 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.

Mortgage 369

Mortgage Clients Technology Development 369

Housing Wire

DECEMBER 29, 2021

One of our big goals at Blueprint Title is to shrink the title insurance business from an $18 billion business to a $10 billion business,” Berneman, the company co-founder and CEO. “We share of the market controlled by small, independent title insurance companies. of the market, should be too concerned about the rise of the little guy.

Insurance 385

Insurance Real Estate Technology Business 385

Housing Wire

MAY 23, 2022

Full-service lender Cherry Creek Mortgage announced Rick Hogle has joined the company as its chief revenue officer. Hogle has more than 20 years of experience, including about 15 years with Supreme Lending. Hogle began his mortgage career in 2001 at New Century Mortgage , where he became a branch manager.

Mortgage 395

Mortgage Retail Insurance Development 395

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.

Real Estate 369

Real Estate Lending Technology Investing 369

Housing Wire

JUNE 6, 2022

It’s a tough time for mortgage lenders. A rapid rise in mortgage rates and a big drop in origination volume has led to thousands of industry job losses over the last six months. By some estimates, origination volume will fall in 2022 to about $2 trillion, about half the volume from the record-breaking years of 2021 and 2020.

Mortgage 417

Mortgage Loan Officers Lending Human Resources 417

Housing Wire

APRIL 4, 2023

Add Moon Mortgage to the list of fintechs offering crypto-backed mortgages. Since 2021, other fintechs have launched crypto mortgage products, including Toronto-based Ledn and Miami-based Milo. Moon’s crypto mortgage product has a minimum loan amount of $1 million. .” Six months after raising $3.5

Mortgage 382

Mortgage Investors Retail Investing 382

Housing Wire

MARCH 20, 2023

mortgage lender owned by New York Community Bancorp, announced on Sunday that it has assumed most deposits and acquired certain assets, business lines and liabilities of Signature Bridge Bank, N.A. from the Federal Deposit Insurance Corporation (FDIC). Flagstar Bank , a top-20 U.S. New York Community Bancorp announced a $2.6

Lending 370

Lending Insurance Real Estate Finance 370

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. Founded in 2021, Curinos provides data, technologies and insights for financial institutions.

Technology 374

Technology Insurance Mortgage Lending 374

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.

Modernization 369

Modernization Mortgage Lending Investors 369

Housing Wire

JUNE 8, 2021

The HW Insiders program is for the operational all-stars within the housing economy who do the leg work and make the mortgage industry tick, but rarely get the credit. The post The 2021 HW Insiders Nominations are now open! Under Bremer’s supervision, CoreLogic has automated 94% of its core flood determination service. .

Real Estate 248

Real Estate Development Insurance Government 248

Housing Wire

AUGUST 16, 2022

s mortgage business has been the subject of industry speculation in the wake of a Bloomberg report indicating that the lending giant plans to shrink its enormous mortgage footprint , including a likely pull-back from the correspondent lending business. The fate of Wells Fargo & Co. ’s Presented by: Reggora.

Mortgage 370

Mortgage Lending Business Insurance 370

Housing Wire

OCTOBER 13, 2021

Chicago-based mortgage originator Interfirst Mortgage Co. billion in loan volume between June 2020 and June 2021. “The mortgage industry is fragmented and ripe for disruption by tech-enabled, customer-centric platforms,” Al Goldstein, CEO of StoicLane and one of the investors in the round, said in a statement.

Mortgage 368

Mortgage Investors Investing Technology 368

Housing Wire

AUGUST 14, 2023

Though its overall mortgage strategy has apparently not changed, Rocket Mortgage is undoubtedly ramping up its initiative to hire local loan officers to win purchase business. Kostegian added that about 5,000 approved insurance agents can also originate a mortgage with Rocket, Lazerson wrote.

Loan Officers 370

Loan Officers Mortgage Real Estate Agent Real Estate 370

Housing Wire

NOVEMBER 10, 2022

Mortgage lenders have imposed new rounds of layoffs in the fourth quarter, reflecting a dreadful landscape for originators. . This week, the latest Freddie Mac weekly survey data showed that the 30-year fixed-rate mortgage increased to 7.08%, up 13 basis points compared to last week. Rates averaged 2.98% this time last year. “As

Mortgage 370

Mortgage Loan Officers Lending Business 370

Housing Wire

JULY 19, 2022

Fannie Mae and Freddie Mac ’s regulator imagines a future where, perhaps through artificial intelligence and machine learning, errors in mortgages are identified in real time before a loan is closed. billion in 2021, up from $0.4 billion in 2021, up from $0.4 How mortgage lenders are qualifying the value of fintech solutions.

Mortgage 383

Mortgage Finance Technology Legal 383

Housing Wire

APRIL 29, 2022

While other “big four” title insurers discussed the “transitional period” in the housing market during their first quarter 2022 earnings calls with investors, Old Republic International Corp. ’s million the firm recorded during the first quarter of 2021. As expected, the firm’s title insurance segment did not have the greatest quarter.

Insurance 370

Insurance Investors Housing Market Law 370

Housing Wire

MARCH 28, 2024

New changes from the Federal Housing Administration (FHA) and Ginnie Mae , which insure and guarantee loans, could help open an untapped market for lenders looking to expand their businesses and improve access to credit for buyers of manufactured homes. The home-only lending market presents several major opportunities.

Business 445

Business Finance Buyers Lending 445

Housing Wire

NOVEMBER 3, 2021

For the sixth straight quarter , eXp World Holdings , the parent company of eXp Realty , reported record breaking revenue, according to the company’s earnings report for the third quarter of 2021, released Wednesday. Year-over-year the number of agents and brokers increased 82% in Q3 2021 to 65,269. million, while net income was $23.8

Brokerage 378

Brokerage Lending Realty Agents 378

Housing Wire

JULY 12, 2023

Three veteran sales executives at Movement Mortgage have parted ways with the South Carolina-based lender to join the competitor Summit Funding, sources told HousingWire. Schoolfield and Shelton joined Movement in 2012, were promoted as divisional leaders in February 2021, and landed at Summit in July. division, to Summit.

Retail 370

Retail Development Finance Lending 370

Housing Wire

MARCH 9, 2022

IDS, currently owned by the Reynolds and Reynolds Company , is among the top providers of compliance and document generation software solutions for the mortgage and real estate industry. banks, lenders, credit unions, insurers and securities firms. mortgage lenders, banks and law firms. Presented by: Wolters Kluwer.

Lending 379

Lending Government Law Insurance 379

Lamacchia Realty

MARCH 11, 2024

Buyers hoping to purchase condos have been under more stringent lending regulations over the past three years, initially under temporary guidelines that were later made permanent. These regulations included two changes, the first to Significant Deferred Maintenance/Special Assessments and secondly to Insurance Deductibles.

Buyers 66

Buyers Lending Insurance Mortgage 66

Housing Wire

AUGUST 25, 2022

But there’s another threat that Homepoint executives must worry about – United Wholesale Mortgage (UWM), the top dog in wholesale, has embarked on a strategy of heavy price cutting, forcing Homepoint and others to limbo to compete for business. That has contributed to UWM’s competitors taking losses on loans when they can least afford it.

Mortgage 395

Mortgage Loan Officers Finance Investors 395

Housing Wire

FEBRUARY 3, 2022

Investors have largely shunned nonbank mortgage stocks, and analysts believe the hard times are still ahead. Driven by a desire to achieve greater scale and gain access to cheaper capital, nonbank mortgage lenders dove headfirst into the public markets during the Covid-19 boom. How could they resist? Finance data.

Mortgage 383

Mortgage Retail Finance Investors 383

Housing Wire

MARCH 29, 2022

Mike Cagney didn’t expect to be releasing a cryptocurrency-backed 30-year fixed-rate mortgage product so soon. The plan was for Figure Technologies to launch such a product only after completing the merger with multichannel mortgage lender Homebridge Financial Services. For us to get paid, we need to be at that 5.99% rate.

Mortgage 383

Mortgage Technology Architecture Insurance 383

Housing Wire

MARCH 15, 2023

One day after Signature Bank collapsed , an affiliate of loanDepot moved $225 million of cash balances to a large money center bank, the mortgage company disclosed Wednesday morning. The Company still maintains fully insured custodial deposit accounts at Signature,” the document says. Both expire in December 2023.

Insurance 369

Insurance Investors Real Estate Mortgage 369

Housing Wire

JULY 27, 2021

Michael Franco: The last two years in the mortgage industry have certainly been unique. Volatility and dramatic shifts in market activity have forced participants across the mortgage lifecycle to embrace more agile business practices. trillion in origination volume and a continuation of tight lending spreads.

Mortgage 383

Mortgage Technology Lending Clients 383

Housing Wire

OCTOBER 5, 2023

As the housing market suffers through a drought of home sales and related mortgage originations in the current high-rate environment, home prices and home equity continue to climb, helping to spark a revival of another sector — home equity lending and investment. billion, according to a review of bond-rating and industry reports.

Housing Market 417

Housing Market Marketing Contracts Finance 417

Housing Wire

SEPTEMBER 30, 2021

With fluctuating volume, mortgage servicers are still struggling to effectively scale their business. HousingWire: What challenges are mortgage servicers facing this year? Philip Reinking: Mortgage servicers are facing substantial growth but a lack of talent in scaling business growth.

Insurance 352

Insurance Lending Modernization Clients 352

Housing Wire

JULY 19, 2021

The independent public offering comes following a banner year for the mortgage industry , in which Blend still lost $75 million on revenue of $96 million. ” Blend’s white-label technology is what powers mortgage applications on the website of traditional banks such as Wells Fargo and U.S. .”

Insurance 383

Insurance Investors Technology Real Estate Agent 383

Housing Wire

JUNE 8, 2021

Regions Bank is looking to make a big dent in the home improvement lending space , striking a deal to acquire EnerBank USA for $960 million in cash. billion as of March 31, 2021 and is one of America’s largest specialized home improvement lenders. in 2021 to $433 billion. The space remains dominated by depository banks.

Renovations 408

Renovations Home Improvement Marketing Finance 408

Housing Wire

SEPTEMBER 10, 2021

It also launched its lending division, Orchard Home Loans, in July. Its rival, Knock , shifted its focus to lending around the same time. In addition to its funding round, Orchard announced that Christa Quarles , CEO of Canadian graphics processing company Corel Corporation , will join its board of directors in October 2021.

Lending 406

Lending Insurance Investors Real Estate 406

Housing Wire

FEBRUARY 10, 2022

The company’s total revenue for 2021 was up 30% from 2020 to a record of $9.2 At the beginning of 2021, we announced our intention to expand our title plant footprint from 500 counties to 1500 by the end of that year. billion in revenue from its title insurance and services segments, a 13% year-over-year increase. population.

Insurance 394

Insurance Investing Inventory Business 394

Housing Wire

MARCH 10, 2022

How much does a typical low-income first-time homebuyer with a Fannie Mae -backed mortgage bring to the closing table? The typical low-income first-time homebuyer with a Fannie Mae-backed mortgage also has a 747 credit score, the research paper shows. In 2020, about 4% of Fannie Mae-acquired purchase loans went to Black borrowers. “We

Property Taxes 426

Property Taxes Lending Insurance Local Properties 426