Housing Wire

NOVEMBER 23, 2022

The current market downturn for mortgage lenders may be shorter than the previous cycles, mainly due to the recent rounds of workforce layoffs imposed by nonbanks. Nonbanks have more than 60% market share of mortgage industry production — and they are more likely than banks to move quickly to reduce capacity.

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Marketing Loan Officers Business Mortgage 343

Housing Wire

DECEMBER 30, 2022

His use of clear explanations combined with charts makes this crazy market comfortably understandable. Especially in uncertain times and market volatility, having the knowledge that I get from HW+ helps me communicate effectively with my team and my clients. At a small mortgage banker, leadership has to know all aspects of lending.

Architecture 365

Architecture Design Lending Housing Market 365

Housing Wire

JUNE 7, 2022

Add to those challenges increased competition in a rising interest rate environment that is choking off refinance business, driving overall mortgage volume down significantly. Originators will lose out to quicker competitors, especially in a purchase money market. The post Are these factors creating chaos in your mortgage lending ops?

Lending 279

Lending Mortgage Technology Modernization 279

Appraisal Buzz

APRIL 29, 2024

For at least ten good years, appraisers have had a flood of business. By the mid-2000s, I’d built up a large residential and commercial appraisal business with a partner and was now striking out on my own. The biggest question for me was: Do I even want to be in this business if this is how it’s going to be?

Clients 195

Clients Business Appraisal Lending 195

Housing Wire

MARCH 25, 2021

Maxwell, which markets its product to small and mid-sized lenders, uses artificial intelligence to streamline and accelerate the mortgage process for community lenders and their borrowers. It’s a big market they’re targeting, too: community lenders represent 50% of $4 trillion U.S. mortgage market.

Mortgage 382

Mortgage Lending Technology Loan Officers 382

Housing Wire

AUGUST 1, 2023

Their collective expertise spans the entire spectrum of the sector, encompassing areas such as lending, tech, real estate, appraisal, compliance, operations, sales and so much more. The following list of honorees comprises many more examples of exceptional leadership from some of the industry’s most accomplished women.

Real Estate 370

Real Estate Realty Lending Mortgage 370

Housing Wire

SEPTEMBER 24, 2021

The typical house is now 39 years old — a far cry from the modern, move-in ready property that most homebuyers are looking for. As investors recognize the potential these older properties hold and the inventory and profits they could open up in such a red-hot housing market, demand for older, more distressed properties should increase.

Lending 370

Lending Renovations Finance Investors 370

Housing Wire

APRIL 28, 2023

Digital lending solutions provider DocMagic announced this week that it has added ADA-compliant mortgage loan documents to its document library. The new digital documents are accessible to visually impaired users and others with disabilities, unlocking opportunities for these consumers into the broader mortgage market.

Design 296

Design Lending Technology Modernization 296

Housing Wire

FEBRUARY 2, 2022

ConsumerDirect Mortgage rebranded itself to Real Genius and announced the launch of a modern mortgage application platform to simplify a borrower’s experience. Since 2016, we’ve helped more than 51,000 families with their mortgage needs, lending more than $15 billion,” said Thornton. Learn here!

Mortgage 300

Mortgage Technology Lending Modernization 300

Housing Wire

OCTOBER 28, 2022

HousingWire Annual is where the community from across the housing ecosystem comes together to share strategies, drive business, discover new technologies, discuss best practices, and meet industry leaders. Panels featured top leaders, founders, and executives from across the housing system, to share thoughts on how to move the market forward.

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Lending Development Finance Technology 371

Housing Wire

DECEMBER 2, 2020

If you wanted to do business with millennials, the emerging core of the home buying customer base, at a bare minimum engaging the consumer in a mobile-friendly, online experience was required just to get a seat at the table. Digital lending is easier for companies that were born in the cloud. Meanwhile, the industry scrambled.

Mortgage 326

Mortgage Lending Technology Modernization 326

Housing Wire

AUGUST 31, 2022

Gloudeman’s career in mortgages and financial services will help “modernize compliance strategies for the quickly evolving mortgage landscape” as traditional approaches are falling behind, said Perry Steiner, chairman and CEO of Xactus said. In a tight housing market, Xactus said it aims to help customers close loans more quickly. .

Modernization 369

Modernization Clients Technology Insurance 369

Housing Wire

SEPTEMBER 30, 2021

With fluctuating volume, mortgage servicers are still struggling to effectively scale their business. Philip Reinking: Mortgage servicers are facing substantial growth but a lack of talent in scaling business growth. PR: Much like the rest of the mortgage market, we’ve seen growth during the covid pandemic.

Insurance 279

Insurance Lending Modernization Clients 279

Housing Wire

OCTOBER 5, 2023

Adam Carmel: Since the great financial crisis there are certain things that lenders and banks have to spend money on today that have created more costs to their business, independent of technology. That is the ultimate lever — it is really the only lever that the mortgage lending community has. What is the disconnect there?

Technology 354

Technology Lending Mortgage Business 354

Housing Wire

NOVEMBER 18, 2022

A combination of elevated mortgage rates, sluggish home sales and inflation continue to plague the housing market workforce, with numerous mortgage lenders and real estate startups shedding employees. Modernizing origination to stay competitive in today’s housing market. Ross, general counsel at the company, wrote in the notice.

Loan Officers 397

Loan Officers Modernization Finance Housing Market 397

Housing Wire

JUNE 30, 2021

With this unwavering focus, we help brokers close loans fast, get referrals and grow their business,” Chief Operating Officer Melinda Wilner said. UWM’s technology and resources are driven by the needs of the broker community and are aimed at making the lending process faster, easier and cheaper for borrowers. “We

Tools 302

Tools Training Technology Clients 302

Housing Wire

JUNE 9, 2021

Bank CRA obligations cover far more than their mortgage lending. It extends to their checking and savings accounts, small business and community development debt and equity financing, bank branch locations, financial literacy, grantmaking and more. They are bound to do more.

Lending 436

Lending Development Government Finance 436

Housing Wire

JULY 28, 2022

Xactus will add flood services to its list of verification solutions with the acquisition of MassiveCert , a software company that provides flood zone determinations for insurance, lending and real estate. MassiveCert will be rebranded as Xactus Flood Solutions. The terms of the deal were not disclosed.

Insurance 312

Insurance Clients Modernization Technology 312

Appraisal Buzz

APRIL 15, 2024

Appraisers will be presented with the data elements needed to report the characteristics of the subject property, and analyze the market, comparables, and other necessary parts of the appraisal process. Newer companies can enter the market on more equal footing, offering fresh perspectives and innovative features.

Appraisal 397

Appraisal Design Lending Technology 397

Housing Wire

JANUARY 12, 2023

The first phase of the portal will include APIs specific to Black Knight’s servicing technologies and will expand to include offerings in the lending and secondary markets space. “By ICE claims the merger will modernize the mortgage servicing platform and the merger “will afford significant benefits to U.S.

Mortgage 294

Mortgage Clients Tools Development 294

Housing Wire

AUGUST 7, 2023

The capital, capability and content are present to make all real estate markets smarter, faster, safer and connected. Real estate still relies on a “system” unable to integrate production across the silos of media, brokerage, lending, insurance and trading. Consumers, communities and taxpayers are major beneficiaries.

Real Estate 335

Real Estate Supply Chain Architecture Brokerage 335

Appraisal Buzz

AUGUST 9, 2021

Local, State, and Federal policy can play a significant role in an appraiser’s business – it is important to stay informed about what is happening around us. It may benefit you and your business to stay updated on policy as it relates to the appraisal profession. Policy can affect all segments of the appraisal profession.

Appraisal 435

Appraisal Inspection Lending Business 435

Housing Wire

DECEMBER 30, 2022

The FHFA and the GSEs are essential to painting the picture of today’s housing market and industry trends. The first is the overall business transformation that’s taking place in the mortgage industry. That I’m proud of the role that they are playing in helping modernize mortgage production and the secondary market?

Lending 327

Lending Transportation Government Mortgage 327

Housing Wire

JUNE 25, 2021

In today’s housing market, lenders need to make sure they’re staying competitive. One way to do that is by offering a digital lending process’ that attracts borrowers across all generations, regardless of their credit score and finances. JR: It’s a competitive market out there.

Lending 372

Lending Technology Modernization Investing 372

Housing Wire

APRIL 4, 2024

representatives at federal agencies reinforced their support for the new rules that would modernize the Community Reinvestment Act (CRA), a few days after a federal judge in Texas granted a preliminary injunction to banking associations that seek to halt its implementation. This week in Washington, D.C.,

Modernization 231

Modernization Law Legal Landlords 231

Housing Wire

APRIL 20, 2021

This general alignment matters a great deal as the FHFA, through their oversight of the GSEs, who have the vast majority of the market share, plays a key role in the conforming lending market being the de facto regulator. As one might expect, the comments revealed differing opinions. ” The Value of the Human Appraiser.

Technology 392

Technology Appraisal Valuation Lending 392

Housing Wire

JUNE 29, 2022

As market volume dips and pent-up demand builds, 61% of millennials and Gen Zs who intend to buy a home plan to apply for a mortgage this year. For years, the dominant market narrative defining these generations has been digital-first experiences and poor financial habits. Creative paths to homeownership in a challenging market.

Loan Officers 409

Loan Officers Mortgage Modernization Business 409

Housing Wire

AUGUST 31, 2023

However, a year after the GSEs announced new appraisal modernization solutions, as they’re more widely adopted, questions arise. A look into GSE appraisal modernization efforts The GSEs have each offered appraisal waivers on eligible loans for several years. How do the solutions work? Why do we need them? The winning recipe for most?

Modernization 341

Modernization Appraisal Inspection Valuation 341

Housing Wire

DECEMBER 6, 2021

Chazz Huston Strategic Alliances Manager, Black Knight Secondary Marketing Technologies. Lending institutions that fail to respond to changing consumer demands will, well, risk failure. Fortunately, this challenge is easier to address than ever before thanks to modern technology.

Technology 314

Technology Lending Modernization Clients 314

Housing Wire

AUGUST 14, 2023

Appraisal modernization is generating a lot of buzz in the real estate lending industry. Most would agree (me included) that the appraisal process is long overdue for modernization — a 2022 Fannie Mae survey showed 94% of lenders are in favor of appraisal modernization.

Modernization 330

Modernization Appraisal Technology Appraisal Process 330

Housing Wire

FEBRUARY 10, 2022

Constellation has a proven track record for supporting its businesses and empowering them to advance the industries they serve. This acquisition expands our footprint in the digital mortgage ecosystem, and we are thrilled to have them join us as we continue to develop innovative and streamlined technology solutions in the lending space.”.

Development 341

Development Modernization Technology Mortgage 341

Housing Wire

MARCH 1, 2022

LLR is not a newcomer to mortgage technology or the overall fintech market. Later in 2020, eOriginal was acquired by Wolters Kluwer for $280 million in cash and continues to operate within the Wolters Kluwer Governance, Risk & Compliance business. This isn’t a new story in mortgage lending or real estate brokerage.

Real Estate 330

Real Estate Brokerage Real Estate Agent Technology 330

Housing Wire

SEPTEMBER 9, 2022

As a financial technologist specializing in mortgage since long before “fintech” was a thing, I appreciate how tough market cycles force us to focus. But one thing is certain for all of us: without technical expertise, fintech is just a buzzword, and markets like this are when we earn our place serving America’s consumers.

Modernization 422

Modernization Valuation Mortgage Retail 422

Housing Wire

APRIL 6, 2022

Between the recent rate hike from the Federal Reserve , the ongoing war in Ukraine and continued economic recovery following the pandemic, mortgage lenders across the country are managing a volatile housing market. More rate hikes from the Fed. “You The impact of liquidity. What should lenders be doing and how can Polly help?

Modernization 356

Modernization Mortgage Marketing Design 356

Housing Wire

NOVEMBER 24, 2020

This diverse group of tech professionals helped to bring about the long-awaited modernization of the housing industry. One of the 2020 Tech Trendsetters, Kallol Das worked quickly to shift digital lending tech provider Blend’s product roadmap to its rapidly-changing client needs. The rest of this content is for HW+ members.

Modernization 230

Modernization Housing Market Lending Clients 230

Housing Wire

JANUARY 27, 2022

First Midwest CEO Mike Scudder, who will be Old National’s chairman, said the merger would “further set us apart as a market leader across the Midwest.” alleging that the bank carried out redlining in its mortgage lending practices. ” First announced in June, Old National said it expected the $6.5

Advertising 361

Advertising Modernization Retail Development 361

Housing Wire

NOVEMBER 8, 2021

Kathryn Amor, chief product officer at Finance of America Companies, spoke during the event’s mortgage purchase market panel about what Finance of America Reverse (FAR) beings to the table for the larger parent company. Reverse mortgages have been part of our lending solutions toolkit since our founding,” she says. Kathryn Amor. “We

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Finance Mortgage Lending Development 314