Housing Wire

FEBRUARY 27, 2024

Mortgage technology firm Xactus named Michael Crockett as its chief operating officer. Previously, he was EVP of product development at Credit Plus before Xactus acquired the company in September 2021. Recently, Xactus’ valuation solution was approved to fulfill Fannie Mae’s property data collection orders.

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Tenants Valuation Clients Training 322

Housing Wire

NOVEMBER 22, 2023

Mike Cagney’s financial technology firm Figure Technologies has taken another step to go public with its lending division, LendCo , hiring investment banks to coordinate the initial public offering (IPO), per a Bloomberg report. However, the report states there’s no final decision on the timing and valuation.

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Lending Valuation Technology Retail 361

Housing Wire

MAY 2, 2022

Seattle, Washington-based real estate valuation company True Footage announced the acquisition of Spark for Appraisers , an appraisal technology firm. True Footage, launched in 2021, is a real estate data authentication platform built to streamline residential transactions. Presented by: Class Valuation.

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Appraisal Valuation Real Estate Technology 370

Housing Wire

JANUARY 25, 2023

Real estate valuation technology company Clear Capital has conducted a new round of layoffs as part of a company restructuring plan. The firm had about 1,400 employees at the end of 2021. “We We’ve been a company that’s been investing very heavily in bringing data analytics and technology into the valuation space.

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Valuation Technology Modernization Appraisal 385

Housing Wire

AUGUST 8, 2022

In 24 hours, the floor plan sketching technology provides a high-resolution floor plan file of the house, the company said. “By By offering a free version of our mobile scanning technology in the U.S., How smart home technology can benefit renters and property managers. Presented by: Rently.

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Property Management Technology Real Estate Valuation 516

Housing Wire

MARCH 31, 2021

Included in the commentaries, Diane Tomb, CEO of the American Land and Title Association, who is closely following and pushing for the adoption of eClosings, looks at the title industry as a whole, outlining how the space is embracing technology from production through closing. Read up on her insight starting on page 20. Already a member?

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Technology Valuation Appraisal Mortgage 251

Appraisal Buzz

AUGUST 25, 2021

PropMix announces rebranding of MCA, its real estate valuation platform, changes name to Profet.ai. NEW YORK / Aug 24, 2021 / – PropMix.io, the creator of the real estate valuation platform called Market Conditions Advisor (MCA), has rebranded the platform to better reflect its vision and capabilities. About PropMix.

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Valuation Real Estate Technology Inspection 370

Housing Wire

OCTOBER 2, 2023

PLACE , the real estate technology platform, appointed Brendon Burchard, a leading personal growth coach to the role of chief growth advisor. ” Founded in 2020, PLACE is a leading real estate technology platform working with teams across a variety of brokerages and geographies.

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Real Estate Agent Real Estate Technology Brokerage 292

Housing Wire

FEBRUARY 7, 2023

“Integrations with leading LOS providers like Mortgage Cadence allow lenders to easily consolidate new technologies into their existing stack, enabling a more efficient and successful implementation and ramp,” Maki said. Snapdocs claims that its technology can help to close 40% more loans. billion and its total funding to $260 million.

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Mortgage Technology Lending Valuation 324

Housing Wire

NOVEMBER 11, 2021

Amrock , a title insurance, property valuations and settlement services provider that is part of the Rocket Companies family, announced Wednesday that longtime CEO, Brian Hughes will be retiring later this month and Nicole Beattie, the current vice president of mortgage servicing at sister company Rocket Mortgage , will take over.

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Valuation Technology Appraisal Clients 346

Clear Capital

AUGUST 30, 2021

Company recognized for innovation in global real estate technology industry. August 30, 2021 —. Clear Capital , a real estate valuation and analytics fintech leader, today announced that its ClearInsight app was named “Property Valuation Tool of the Year” in the inaugural 2021 PropTech Breakthrough Awards.

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Valuation Tools Real Estate Technology 74

Valuation Review

NOVEMBER 1, 2021

In Valuation Review’s 2021 Voice of the Appraiser special report, appraisers and lenders shared their opinions regarding the overall status of the profession. The technology section of that report offered some interesting insights.

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Technology Appraisal Valuation 78

Housing Wire

APRIL 23, 2024

brands, including brokerage, mortgage, title, insurance and technology. As the Chief Marketing Officer, she has overseen the brand development and strategy and helped Pacaso reach unicorn status with a $1 billion valuation in 2021. Whitney Curry , has propelled Pacaso to become the pioneer of co-ownership of luxury real estate.

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Marketing Project Management Advertising Real Estate 323

Housing Wire

SEPTEMBER 19, 2023

“With our CubiCasa partnership, we can influence market adoption of floor plans thanks to their easy-to-use technology and valuable data outputs.” CubiCasa, a Finnish company, was acquired by appraisal management company Clear Capital in 2021. CubiCasa’s MLS Partnership Program now boasts 30 participating companies.

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Tools Technology Real Estate Training 409

Housing Wire

JANUARY 3, 2022

According to Clear Capital, the tool uses computer vision technology to highlight the right files automatically so underwriters can make more efficient and informed decisions. At the moment, the technology is being piloted internally. According to a recently published study by the U.S. Presented by: Accurate Group.

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Tools Appraisal Appraisal Process Real Estate 389

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.

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Tools Lending Valuation Technology 391

Housing Wire

DECEMBER 8, 2022

In 2020 and 2021, for example, some markets saw appraisals take as long as three to six weeks. We are completing purchase appraisals today in two to three days on a regular basis using that product, but it has to be supplemented with technology and data collection in today’s environment,” Rose said.

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Appraisal Process Appraisal Valuation Logistics 362

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 October 2021, a multi-agency effort to combat redlining was announced between the CFPB, the Department of Justice and the Office of the Comptroller of the Currency.

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Law Valuation Legal Government 413

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., 201.286.2273.

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Appraisal Valuation Training Real Estate 370

Housing Wire

JULY 31, 2023

Mike Cagney’s Figure Technologies laid off 20% of its staff and plans to take its profitable lending business public next year, Bloomberg reported. billion public valuation for LendCo when it goes public. billion valuation in a venture-backed funding round in 2021. Cagney expects to land a $2.5

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Lending Valuation Business Technology 303

Housing Wire

AUGUST 28, 2023

Fee pressure was followed by appraisal management company (AMC) requests for revisions (28%) and technology fees (26%), a category that was not included in 2022 survey responses. HousingWire published a deep dive on the topic in June 2021. The NAR survey included feedback from 2,174 respondents, including 388 appraisers.

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Appraisal Logistics Valuation Appraisal Process 366

Housing Wire

FEBRUARY 28, 2021

Despite low inventory, the housing market is expected to remain strong in 2021 due to low mortgage rates. The company integrates with an existing brokerage website to provide homeowners with three valuations along with insight into the number of real estate buyer leads actively searching for a property just like theirs.

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Real Estate Brokerage Valuation Clients 408

Housing Wire

FEBRUARY 6, 2023

Mat Ishbia, UWM’s CEO, said in a statement that Hubacker, with three decades of experience, was a “key player in helping UWM to go public back in 2021.” The deal gave the combined company a valuation of $16.1 billion and injected $925 million into UWM to develop new technology and grow the broker channel.

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Finance Valuation Construction Mortgage 354

Housing Wire

NOVEMBER 28, 2023

According to the firm, CubiCasa’s technology reduces the subjectivity and inconsistency of the traditional “hand-drawn sketch” method of determining a home’s size, still used by appraisers today, and empowers even untrained homeowners to produce accurate results. Cubicasa was acquired by appraisal management company Clear Capital in 2021.

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Tools Technology Real Estate Training 362

Housing Wire

JUNE 24, 2022

Texas lender Mid America Mortgage rebranded as Click n’ Close to expand into the mortgage technology industry following the sale of the majority of its retail lending operations. Those savings will be used for additional technology improvements and produce specialized products to address “today’s housing market challenges,” he said.

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Mortgage Retail Technology Lending 306

Housing Wire

FEBRUARY 3, 2021

Figure Technologies CEO and co-founder Mike Cagney will be speaking on mortgage disruption and the outlook for 2021 at HousingWire’s Spring Summit on March 4. Prior to Figure, Cagney cofounded Social Finance (SoFi).

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Technology Valuation Real Estate Design 273

Housing Wire

FEBRUARY 8, 2021

The summit brings together experts like Mohtashami who can speak to the topics that are critical to success in another unprecedented year, including: What mortgage tech is solving now Servicing challenges in a pandemic period Operational strategies in the current market The brave new world of valuations eClosing/RON update A new regulatory regime.

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Real Estate Housing Market Technology Valuation 377

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 353

Housing Wire

JANUARY 18, 2023

We saw in 2020 and 2021 some of the most extensive challenges with appraisals due to the volume we experienced as an industry, and we saw nationwide turnaround times extend out to the longest I’ve seen in a decade. Technology to support the growing needs of the appraisal department.

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Appraisal Reconsideration of Value Appraisal Process Technology 357

Housing Wire

SEPTEMBER 24, 2021

The Series C brings Ocrolus’ valuation over $500 million and its total funding raised to $127 million through six funding rounds. Founded in 2014 with a focus on automating Medicaid application processes, Ocrolus decided in 2016 to use its technology to classify financial documents.

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Technology Valuation Lending Investors 280

Housing Wire

DECEMBER 29, 2023

First American said the websites of title solutions provider DataTrace and ACI , a valuation technology subsidiary, are up and running as of Friday afternoon. Its home warranty website was also online, as were its public records search and FraudGuard platforms.

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Insurance Valuation Technology Buyers 410

Housing Wire

MARCH 2, 2021

The summit will covers topics that are critical to success in another unprecedented year, including: Servicing challenges in a pandemic period Operational strategies in the current market The brave new world of valuations eClosing/RON update A new regulatory regime.

Real Estate Agent 362

Real Estate Agent Design Real Estate Technology 362

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.

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Valuation Modernization Technology Appraisal Process 69

Housing Wire

APRIL 18, 2023

However, it still appears that lenders are focusing their technology investments on the point of sale. A 2020 ICE Mortgage Technology survey confirmed this, reporting that 58% of borrowers were affected in their decision making by the presence (or lack thereof) of an online application. This comes as no surprise.

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Mortgage Technology Business Investing 353

Housing Wire

MARCH 5, 2021

It has a very uncertain future: will in-person appraisals be the norm, or will technology overtake the process completely or partially? ” New appraisal technology and alternative products could offer life support, though, in bringing younger blood into the profession.

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Appraisal Valuation Training Technology 424

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. million and $96.0

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Technology Mortgage Valuation Insurance 374

Housing Wire

MARCH 15, 2021

Subject to closing conditions, Blend anticipates to finish the deal by the end of the second quarter in 2021, leaving nearly 10% ownership interest to Mr. Cooper upon deal completion. How hybrid title and valuations help increase lending efficiency. It makes the title firm a good match as Blend looks to scale its operations.

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Insurance Lending Real Estate Agent Valuation 371