Housing Wire

NOVEMBER 29, 2022

The report, issued by “fairness-as-a-service” solution firm FairPlay AI , was based on a study of more than 350 million mortgage applications from 1990 to 2021. in 2021 from 1990. in 2020 and 2021, up from 78.4% In 2021, Black homebuyers in these states were approved at 69% of white mortgage applicants.

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Lending Government Mortgage Valuation 370

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 340

Technology Valuation Lending Investors 340

Housing Wire

MAY 27, 2022

The CFPB issued a statement to warn creditors that technology being “too complicated” is not an excuse for noncompliance. In his own statement Thursday, Chopra said companies have “legal responsibilities when they let a black-box model make lending decisions.”.

Law 417

Law Legal Valuation Government 417

Housing Wire

MARCH 15, 2021

Digital lending software provider Blend announced on Monday that it is expanding its cloud-based platform with the acquisition of Title365 from the Mr. Cooper Group for approximately $422 million, reflecting an enterprise value of $500 million. How hybrid title and valuations help increase lending efficiency.

Insurance 395

Insurance Lending Real Estate Agent Valuation 395

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. RENO, Nev. — Clario Appraisal Network, Inc.,

Appraisal 370

Appraisal Valuation Training Real Estate 370

Housing Wire

OCTOBER 13, 2020

End-to-end lending and services platform Finance of America Capital is the latest mortgage company to get in on the mushrooming IPO craze. The lender and servicer, owned by the Blackstone Group’s Tactical Opportunities business, is slated to go public in the first half of 2021 through a special purpose acquisition company at a $1.9

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Finance Lending Retail Investing 487

Housing Wire

FEBRUARY 12, 2021

Even in the midst of a banner year, originators have to keep one eye on the technologies and competitors that could upend their carefully crafted business strategy. Taking those lessons with him, Ghamsari decided to start Blend in 2012 along with his co-founders. The focus of the Spring Summit is The Year-Round Purchase Market.

Technology 344

Technology Valuation Design Mortgage 344

Housing Wire

MAY 16, 2023

Ann Arbor, Michigan-based Home Point Capital did not experience the traditional ceremony to ring the Nasdaq Stock Market bell when the company went public in early 2021. It was basically the best company I’ve ever worked at,” a former underwriter, who joined the company in January 2021, said. “Homepoint was fantastic.

Mortgage 394

Mortgage Lending Business Technology 394

Housing Wire

AUGUST 26, 2021

Stewart has been on an acquisition tear in the past 18 months, closing deals to acquire over a dozen companies — including Cloudvirga , NotaryCam , Pro Tek Valuation Intelligence , United States Appraisals , and A.S.K. It claims to have more than 3,000 customers in lending and real estate. Services , just in March. million at $3.50

Real Estate 395

Real Estate Valuation Investing Tools 395

Housing Wire

FEBRUARY 5, 2021

He and his team have trained over 1 million lending professionals and worked with over 600 financial organizations and their operations teams in improving customer experience, streamlining processes and strengthening company culture. Vermillion is a trainer, speaker, consultant, author, consumer advocate, and philanthropist.

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Training Technology Real Estate Valuation 291

Housing Wire

APRIL 16, 2021

billion valuation. Blend, which was named as one of HousingWire’s 2021 Tech 100 winners, has steadily grown to be a powerhouse in the mortgage tech industry. 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

Valuation 297

Valuation Technology Lending Mortgage 297

Housing Wire

JUNE 2, 2022

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 It’s not subprime lending.

Lending 381

Lending Investors Mortgage Clients 381

Housing Wire

JANUARY 22, 2021

HW Media CEO Clayton Collins and Scott Happ, president of Secondary Marketing Technologies at Black Knight, discuss Black Knight’s acquisition of Optimal Blue and what the industry can expect from the company’s new Secondary Marketing Technologies division. Presented by: Black Knight.

Mortgage 518

Mortgage Technology Investors Business 518

Housing Wire

JULY 6, 2021

Mortgage software platform Blend Labs set terms for its initial public offering Tuesday including its goal to raise up to $360 million for a targeted valuation of nearly $4 billion. billion following a Series G funding round from Tiger Global Management and others in January 2021. Presented by: FADT.

Technology 383

Technology Mortgage Valuation Insurance 383

Housing Wire

MARCH 4, 2021

“With their industry-leading notary panel and technology platform, Signature Closers is the perfect addition to our digital capabilities, advancing our strategic vision of accelerating, securing, and simplifying the title and closing process for our customers,” said Stewart CEO Fred Eppinger. Streamline by combining services.

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Valuation Lending Sellers Technology 375

Housing Wire

APRIL 23, 2024

Investments are going to specific areas of personal finance and lending that add to homeownership, Krishna said. “In the past, we focused on things outside of homeownership — auto, solar and these things that were adjacent. “You have this market dynamic where valuations are down; you have a ton of fragmentation.

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Tools Clients Investing Finance 401

Housing Wire

FEBRUARY 18, 2022

This week’s HW+ member spotlight features John Brenan, vice president of Valuation Policy and chief appraiser at Clear Capital. At Clear Capital, Brenan oversees the quality of the company’s appraisal and valuation products and implements changes to continually evolve the program. .

Training 382

Training Valuation Appraisal Real Estate 382

Housing Wire

MAY 4, 2023

The California mortgage tech firm — now at risk of getting delisted from the NYSE — was off to a promising start when it went public in July 2021. With shares closing at $20.90, Blend had a valuation of around $4.6 million in 2021. Blend sold 20 million shares of Class A stock at $19 apiece, raising $360 million.

Business 372

Business Valuation Mortgage Lending 372

Clear Capital

AUGUST 17, 2021

Partnership enables ValueLink users to order Clear Capital’s broad range of valuation products including hybrid and desktop products. August 17, 2021 —. The valuation industry is currently undergoing major changes.

Valuation 69

Valuation Modernization Technology Appraisal Process 69

Housing Wire

FEBRUARY 17, 2022

“I am so proud to have played a role in building this purposefully different consumer lending platform with the broadest range of products and services designed to help a diverse consumer base,” Cook said. Finance of America’s valuation at the debut was expected to be $1.9 Presented by: Finance of America.

Finance 360

Finance Investing Valuation Mortgage 360

Housing Wire

NOVEMBER 17, 2022

But, to date, it’s not been altered,” said Michael Carnes, managing director of the MSR Valuation Group at the Mortgage Industry Advisory Corporation (MIAC). This is predominantly for the 2020 and 2021 origination, as we are still not seeing a significant amount of the 6% product trading.” “What was a 5.5

Marketing 413

Marketing Lending Mortgage Valuation 413

Housing Wire

MARCH 16, 2022

Rick Hill, vice president of industry technology at the Mortgage Bankers Association , said that lending is a critical component of the nation’s infrastructure, which is one reason it is more susceptible to being attacked. “We Freddie Mac updates risk mitigation requirements for the industry due to elevated cybersecurity threats.

Mortgage 383

Mortgage Marketing Lending Loan Officers 383

Housing Wire

JUNE 6, 2022

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. Wells Fargo , one of the nation’s largest banks, had at least 114 layoffs in its home lending business following a drop in revenue in that division in the first quarter of 2022.

Mortgage 417

Mortgage Loan Officers Lending Human Resources 417

Valuation Review

JANUARY 12, 2022

Earlier, Valuation Review brought to the readers’ attention an acquisition pertaining to Voxtur Analytics Corp., the technology company creating a more transparent and accessible real estate lending ecosystem. 24, 2021, and Dec. 21, 2021, Voxtur officially announced it has completed the acquisition of Benutech, Inc.

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Valuation Review Valuation Lending Real Estate 78

Appraisal Buzz

DECEMBER 20, 2021

December 16, 2021 — Deephaven Mortgage today announced an alliance with Incenter Appraisal Management to give Non-Agency/Non-QM brokers a new competitive advantage by offering remote appraisal services for Deephaven’s loans. However, the challenges of appraiser shortages and appraisal backlogs are slowing down lending.

Appraisal 195

Appraisal Mortgage Technology Appraisal Process 195

Housing Wire

APRIL 30, 2021

The same can be said about the mortgage industry as an ecosystem, and its technology as the coral reef. In order for brokers and lenders to work together in symbiosis as organisms of this ecosystem, the technology must also allow for it. For that ecosystem to maintain and survive each organism must work together in a symbiotic manner.

Mortgage 304

Mortgage Technology Investors Lending 304

Housing Wire

JULY 19, 2021

Shares closed trading at $20.90, giving Blend a valuation of around $4.6 Blend’s investors are apparently convinced that the company can radically transform lending, simplifying and digitizing regimented-but-clumsy processes that are still rather paperwork-heavy. “So, the roadshow was very, very well received.”

Insurance 383

Insurance Investors Technology Real Estate Agent 383

Housing Wire

JANUARY 6, 2021

“We’re going to celebrate this exciting time by kickstarting 2021 with 61 basis points for the next 61 days on all of our conventional W2 borrowers,” UWM President and CEO Mat Ishbia said in a video sent to brokers on Wednesday. UWM is targeting a valuation of $16.1

Valuation 427

Valuation Mortgage Realtors Business 427

Appraisal Buzz

JULY 11, 2022

Part one of this series on the subject of Appraisal Review provided an overview of the risk management concepts used by many lenders today to manage risk associated with real estate lending. These processes often occur after the loan decision is made, and care must be taken to not impact a prior lending decision.

Tools 195

Tools Appraisal Development Real Estate 195

Housing Wire

DECEMBER 29, 2020

With 2020 finally coming to a close, several companies wrapped up this unprecedented year for housing with some brand-new mortgage tech for 2021. Blend has digitized lending for more than 150 companies before, including Wells Fargo and U.S The tech solution giving community lenders an advantage.

Mortgage 371

Mortgage Investors Technology Real Estate Agent 371

Housing Wire

JULY 13, 2021

Lenders reported significant origination volume in the first quarter of 2021, but as rates change and the market shifts to a more purchase-driven origination environment, lenders need to carefully monitor margins and profitability. Historically, mortgage servicing rights (MSR) have been valued once per month or once per quarter.

Valuation 426

Valuation Tools Technology Lending 426

Clear Capital

OCTOBER 27, 2021

National real estate valuation technology company well-positioned to experience continued growth in 2021. October 26, 2021 — Clear Capital, a national real estate valuation technology company, today announced it has hired more than 350 people so far in 2021, with 170 jobs currently open and accepting applications.

Valuation 69

Valuation Real Estate Technology Tools 69

Housing Wire

DECEMBER 1, 2021

The housing industry has been working in overdrive over the last few years to shed the idea that its technology is antiquated and outdated. See below for the full list of HousingWire’s 2021 Tech Trendsetters, and click through for the profiles of each honoree. Chief Technology and Security Officer. EVP, Chief Technology Officer.

Technology 446

Technology Development Realty Valuation 446

Cleveland Appraisal Blog

SEPTEMBER 21, 2023

However, over the past year, my business has been changing rapidly as I shift away from lending work to non-lender work as my primary business. CubiCasa Digital GLA was launched by CubiCasa in 2021. You may be wondering where in the world I’ve been. Did I go dark? Did I give up on blogging and podcasting? The answer is no.

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Marketing Real Estate Agent Real Estate Appraisal 300

Housing Wire

SEPTEMBER 1, 2021

Director, Cloud and Data Technology. President of Residential Servicing and Correspondent Lending. Canopy Financial Technology Partners, LLC. Director, Technology Alliances. Aslan Home Lending. ICE Mortgage Technology. Senior Manager of Customer Engagement and Marketing Technology. Bindu Kaul.

Technology 372

Technology Human Resources Finance Retail 372

Clear Capital

MAY 7, 2021

The modern appraisal embraces data and technology to gather data differently. Watch this Tech Talk from Mortgage Innovators Conference 2021 to learn how appraisal modernization can help unlock a better, faster, and cheaper appraisal process while closing the gap in unfair lending practices.

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Inspection Appraisal Modernization Appraisal Process 66

Housing Wire

OCTOBER 1, 2021

ICE Mortgage Technology. Class Valuation. Planet Home Lending. Chief Technology Officer. The post Introducing the 2021 HousingWire Vanguards appeared first on HousingWire. RE/MAX Gold Nation. Jason Gesing. eXp Realty. Jeffrey Walker. Joe Tyrrell. Founder & CEO. Total Expert. John Berkowitz. Co-Founder and CEO.

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Finance Technology Legal Mortgage 418