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Fraud risk continues to rise even as the market contracts

Housing Wire

These institutions are encouraged to be ready for more scrutiny and, as a result, to deploy tools, technology, controls or processes to protect against these online threats. The post Fraud risk continues to rise even as the market contracts appeared first on HousingWire. Wire and title fraud levels remain high.

Contracts 272
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Lenders can use closing technology as a bargaining chip

Housing Wire

While new technologies have a reputation for breaking the bank, the average lender only budgets less than 10% of their overall operations costs for technology. Without loan officer adoption, that spend becomes frivolous, making a lender’s decisions on which technologies to include in the tech stack extremely important.

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PennyMac pays $158M to Black Knight in servicing platform dispute

Housing Wire

million to Black Knight Servicing Technologies , concluding a five-year legal battle over allegations of trade secret theft involving two of the biggest companies in the housing industry. million in damages related to a breach of contract claim, plus interest and attorneys fees. PennyMac Financial Services has paid $158.4

Legal 330
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Opinion: NAR has finally met its match

Housing Wire

When CoreLogic acquired Roostify, the digital mortgage technology company I co-founded and led for more than a decade, in February, our mission was to accelerate and simplify the home lending experience. Technology has brought greater transparency and predictability to the industry over the last 10 years.

Realtors 384
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Opinion: More can be done to shorten the average time to close

Housing Wire

In fact, if you were to describe the home-buying experience solely upon the things we see in advertisements, the home-buying process would end with the sales contract, and all parties would merrily proceed directly to the handing over of the keys. However, the settlement process varies from client to client, location to location.

HOA 410
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Homepie CEO Brad Rice on making FSBO easier

Housing Wire

Ironically, the technology he’s developed can be a benefit to real estate agents as well. BR: I’m not a tech person, but when I had my large mortgage company that I grew from 1999 to 2007, we had built technology that we ran the company on, so I was very familiar with that process of hiring developers. How do you look at that?

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The Technological Evolution of the Repair, Inspection, and Maintenance Industries

GoForrmz

The repair, inspection, and maintenance industries have seen recent drastic changes as a result of technological advancement In the unprecedented wake of the last few years, the repair, inspection, and maintenance industries faced significant challenges.