Housing Wire

NOVEMBER 14, 2022

TH: Despite a turbulent end to 2022, I feel strongly that the 2023 outlook for non-QM is quite promising. And with more certainty will come better pricing and a return to where guidelines were in early 2022, before rates were on the rise. TH: Angel Oak has always prided itself on being a technology- and service-focused lender.

Lending 395

Lending Investors Loan Officers Technology 395

Housing Wire

FEBRUARY 10, 2023

The GAssist portal will provide its partners, which include community banks, credit unions, and brokers, with tools that will allow them to better manage borrower expectations, from guided originations to processing tools, according to a press release on the roll-out. The tools are housed within the secure application portal.

Retail 364

Retail Tools Loan Officers Design 364

Housing Wire

FEBRUARY 7, 2023

Digital closing platform Snapdocs announced on Tuesday that it has completed its integration with Mortgage Cadence, a cloud-based digital lending platform. Working with great partners like Snapdocs paves the way for even more lenders to embrace digital mortgage tools and advances the entire industry toward an all-digital future.”

Mortgage 333

Mortgage Technology Lending Valuation 333

Housing Wire

MAY 24, 2022

Out of 200 senior mortgage executives surveyed, who represent 188 lending institutions, 94% think that appraisal modernization efforts will simplify the origination process. The desire to invest in appraisal modernization came in third place, with 29% of lending institutions reporting that this was a top-of-mind investment.

Modernization 500

Modernization Appraisal Lending Investing 500

Housing Wire

MAY 24, 2021

Stavvy, a Boston-based fintech, announced Monday that it landed a $40 million Series A funding round led by Morningside Technology Ventures. The company says the round is the largest Series A for a New England fintech and it plans to use the capital to double or even triple its staff by the first quarter of 2022. “We

Technology 406

Technology Lending Investors Modernization 406

Housing Wire

FEBRUARY 7, 2023

The lender originated approximately $309 million in mortgages in 2022, according to data from mortgage technology platform Modex. Per Inside Mortgage Finance data, Guild was the 26th largest mortgage originator in America in 2022, producing $19 billion in volume. billion in the fourth quarter of 2022 from $4.4

Retail 397

Retail Mortgage Loan Officers Technology 397

Housing Wire

NOVEMBER 2, 2023

This was the first earnings delivered by Rocket’s new CEO, Varun Krishna , who focused his conversation with analysts on the potential of artificial intelligence (AI) and other technologies to transform the business. The third-quarter production represents a 13% drop compared to the same period in 2022. Rocket generated $22.2

Technology 442

Technology Tools Business Mortgage 442

Housing Wire

MAY 17, 2022

With NGC’s acquisition of Inco-Check, the company aims to enhance loan quality and prevent fraud in a competitive mortgage and consumer lending market, Inco-Check said. Boston, Massachusetts-based NGC, founded in 2015, is focused on making investments in health care services, financial services technology, distribution and logistics sectors.

Logistics 318

Logistics Legal Investors Technology 318

Housing Wire

SEPTEMBER 11, 2023

The New York-based independent bank exceeded its 2022 production volume of $400 million in August, but the end goal is far more ambitious: The company is aiming to produce between $3 billion to $5 billion in origination volume annually. The more we can lean on technology, the cost per file becomes that much lower.

Loan Officers 404

Loan Officers Agents Retail Technology 404

Housing Wire

MARCH 22, 2022

The executive also serves as chairman of the board of SunToWater Technologies LLC and as a board member at InhabitIQ. In the point-of-sale tool, there are solutions for title, appraisal, processor, and underwriter, all interfacing in different ways. ” Maxwell was selected as a 2022 HousingWire Tech100 mortgage honoree. .

Technology 359

Technology Lending Mortgage Government 359

Housing Wire

SEPTEMBER 23, 2022

We are continually seeking opportunities for partnerships to help us lead our industry into the next generation of mortgage lending.”. For AMSC, the deal enables access to Thrive’s technologies and structure in a challenging market, which, by some estimates, could shrink in half in 2023.

Mortgage 370

Mortgage Retail Loan Officers Technology 370

Housing Wire

JUNE 17, 2022

It truly is time for lenders to consider how technology can improve this part of the mortgage process and reduce turn time. HousingWire: What is your most useful tech tool? I wish I could offer something more exciting, but it is just the most versatile, handy tool in my arsenal! Amanda Hill: My cell phone!

Modernization 329

Modernization Inventory Tools Lending 329

Appraisal Buzz

JULY 18, 2022

Chicago — ProxyPics makes wave as the first Property Data Report provider for Freddie Mac’s ACE+ PDR (automated collateral evaluation plus property data report), launch made effective on July 17, 2022. Their patented technology and national network of Proxies allows for scalability based on market demand. About ProxyPics.

Training 221

Training Technology Mortgage Real Estate 221

Housing Wire

SEPTEMBER 9, 2021

Lenders that may have been holding out on embracing automation and technology were forced to adapt at breakneck speed to continue to serve customers. Technology that had long been available, but never saw the level of adoption the industry would have hoped for, was now in high demand. Technology as the new table stakes.

Mortgage 427

Mortgage Technology Inspection Appraisal 427

Housing Wire

MARCH 25, 2022

Arjun Dhingra: Technology is not replacing us in the mortgage industry, it is enhancing and empowering us. Those that leverage technology to reach more, do more and provide more value will ultimately outlast the competition. Those that don’t evolve and adapt, will be pushed out because of technology.

Inventory 362

Inventory Technology Real Estate Agent Tools 362

Housing Wire

JUNE 14, 2023

There has been a seismic shift in the mortgage industry, and it has redefined how mortgage originators must approach the new market , as mortgage rates have more than doubled from their 2022 lows. You are an originator and technology is your friend. If you think non-QMs are still a paper-and-pen business, think again.

Technology 329

Technology Clients Business Mortgage 329

Housing Wire

OCTOBER 6, 2022

On Thursday, the publicly traded multichannel lender launched a new technology platform for brokers called “POWER+,” a key step toward generating more broker business. The POWER+ platform’s tools also ensure URLA accuracy before submission, the California-based firm said. In all, it laid claim to 2.2%

Tools 336

Tools Technology Business Design 336

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 352

Real Estate Brokerage Real Estate Agent Technology 352

Housing Wire

SEPTEMBER 20, 2022

HousingWire recently spoke to Donna Gibson, COO and president of QC Ally, about fraud prevention and loan quality outlook for the rest of 2022. HousingWire: In this time of market change and as we head towards the last quarter of 2022, what are the hot topics in risk, fraud prevention and loan quality? increase) and property (22.6%

Marketing 320

Marketing Training Clients Technology 320

Housing Wire

JANUARY 12, 2023

trillion spike in tappable home equity in the first quarter of 2022 was a stunner, especially as it topped off a 12-month period that saw a 34% collective gain among mortgage holders. Leading-edge technology products/solutions. Technology solutions can vary widely from one provider to another. Black Knight’s report of a $1.2

Technology 392

Technology Inspection Valuation Tools 392

Housing Wire

FEBRUARY 3, 2023

San Antonio, Texas-headquartered USAA eliminated 130 positions in the real estate lending group amid projections that the mortgage industry will shrink in 2023. Origination volume for USAA Federal Savings Bank dropped 39% in 2022, declining to $5.17 The layoffs at USAA Federal Savings Bank represent about 1.6% billion from $8.47

Real Estate 69

Real Estate Lending Human Resources Insurance 69

Housing Wire

JULY 27, 2022

As agencies seek best practices, this is indicative of more specific requirements for banks, lending institutions and entities that have access to sensitive borrower data and recordable instruments. To read FundingShield’s full Wire and Title Fraud Index for Q2 2022 or other news, click here. Wire and title fraud levels remain high.

Contracts 291

Contracts Marketing Law Agents 291

Housing Wire

MAY 18, 2022

In fact, many financial researchers and scholars have identified it as a strategic tool that should be considered part of a holistic financial strategy for retirement. HW: How does Reverse Mortgage Funding help lending professionals educate themselves and their clients on the benefits of reverse mortgages in our current housing market?

Mortgage 418

Mortgage Clients Insurance Tools 418

Housing Wire

MARCH 31, 2022

As the market shifts, interest in non-QM lending from traditional lenders and brokers has increased. Overall, I think the consensus we’re hearing from clients is that the overall non-QM market is going to continue to grow in 2022. Technology is a big part of the answer to this education challenge. is just under 10 million, a 4.6%

Marketing 362

Marketing Investors Technology Loan Officers 362

Housing Wire

MAY 6, 2022

HousingWire recently spoke with John Keratsis, President and CEO of Deephaven Mortgage, about the potential benefits of non-QM lending in today’s tight housing market. We have online tools that make it easier to submit applications and expedite response times. Offering non-QM enhances the chances of a lender providing the mortgage.

Marketing 337

Marketing Lending Loan Officers Training 337

Housing Wire

APRIL 29, 2021

Despite 2020’s pause in originations and securitizations, the 2021 outlook for non-QM lending is promising. Plus, as rates rise and the refinance boom slows, non-QM lending is a way for many originators to expand their product offerings to replace volume. billion in total securitizations – only a 33% decrease from its 2019 high.

Lending 334

Lending Investors Insurance Marketing 334

Housing Wire

FEBRUARY 2, 2023

OrangeGrid’s operating system, which claims to have a low-code/no-code architecture, will aim to provide Flagstar the tools needed to improve compliance, track internal staffing metrics, turn time reporting on loss mitigation requests and audit records for the workflow, according to a press release. “The billion last December. It added $25.8

Retail 80

Retail Mortgage Architecture Technology 80

Housing Wire

OCTOBER 29, 2021

Uday Devalla, EVP, Chief Technology Officer at Sagent. And nothing builds customer loyalty like giving your borrowers immediate, easy self-serve tools to get hardship help. The great news is that this reality is finally coming into focus for servicers as we enter 2022. The Endgame: A Continuous Servicing-To-Originations Loop.

Clients 394

Clients Modernization Home Improvement Technology 394

Housing Wire

FEBRUARY 23, 2022

HousingWire recently spoke with Amanda Phillips, ACES Quality Management’s EVP of Compliance, about the current compliance landscape with CFPB updates and how lenders can ensure they’re compliant with fair lending and fair servicing. HousingWire: How does Fair Lending affect mortgage servicing?

Lending 348

Lending Technology Government Mortgage 348

Housing Wire

JANUARY 31, 2022

In the rapid-fire, volatile mortgage marketplace , lenders need technologies to help them remain nimble and successfully navigate constant change. To win more mortgage business in 2022 and beyond, it’s crucial to offer borrowers the most suitable loan products for their needs at the best prices. Configurable, Granular Capabilities.

Technology 349

Technology Marketing Mortgage Investors 349

McKissock

MARCH 24, 2022

On March 23, 2022, the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE) released a report entitled “Action Plan to Advance Property Appraisal and Valuation Equity.” Address potential bias in the use of technology-based valuation tools through rulemaking related to Automated Valuation Models (AVMs).

Valuation 91

Valuation Property Appraisal Training Appraisal 91

Housing Wire

APRIL 24, 2024

Thanks to our strategic emphasis on technology, including years of investment in AI and the cloud, Mr. Cooper is well positioned to provide our customers with world-class service, operate as a trusted counterparty for our industry stakeholders, and grow and sustain investor returns.”

Technology 330

Technology Lending Investing Contracts 330

Clear Capital

MARCH 17, 2022

From informing medical diagnostics to measuring investor sentiment, using technology to scan images has brought revolutionary advancements across fields. Technology can now instantly detect photo-related errors. We serve our customers with uncompromising service and remarkable technology. Copyright © 2022 Clear Capital.

Real Estate 69

Real Estate Appraisal Technology Development 69

Housing Wire

MAY 24, 2022

As 2022 proves to be a challenging year for the housing market, lenders are looking to take advantage of potential downtime by improving their internal processes. Every business model is defined by mission, process and technology. Integrated technology speeds the flight and improves safety. I think so.

Business 388

Business Technology Lending Housing Market 388

Housing Wire

JANUARY 26, 2024

They will try to woo you with promises of free marketing materials, high commission splits, and fancy tech tools. Marketing and Technology: The marketing strategies and technology tools provided for agents. One of the recent concerns agents have expressed about CB is the need to improve technology and marketing tools.

Real Estate 428

Real Estate Brokerage Agents Real Estate Agent 428

Housing Wire

AUGUST 21, 2023

based firms on percentage revenue growth from 2019 to 2022. The minimum revenues required are $100,000 for 2019 and $2 million for 2022. million in a Series A funding round in 2022. Interestingly, none of the top three companies on the 2023 list made the cut in 2022. The self-reported list ranks U.S. They must be U.S.-based,

Real Estate 361

Real Estate Real Estate Agent Technology Investors 361

Housing Wire

AUGUST 31, 2023

While all data collectors are held to similar minimum requirements, some may be equipped with enhanced technology to capture data. For example, Class Valuation , one of the nation’s largest AMCs, provides its data collectors with imagery technology that creates a digital twin of the property.

Modernization 373

Modernization Appraisal Inspection Valuation 373