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Dark Matter Technologies execs talk transition from Black Knight, innovation in the mortgage tech space

Housing Wire

Dark Matter Technologies , formerly Black Knight Origination Technologies, is focused on mainly two things: the smooth transition to new owners, and lowering the cost to originate loans for lenders. Read on to learn more about Dark Matter Technologies’ plan for mortgage. Gagliano : We believe strongly in technology.

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Execs from Dark Matter Technologies focus on automation to increase Empower’s market share  

Housing Wire

Dark Matter Technologies , formerly Black Knight Origination Technologies, is gearing up to bring more lenders on to use its Empower loan origination system in 2024. Read on to learn more about how Dark Matter Technologies’ plans increase market share and utilize AI in its LOS.

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Class Valuation acquires AMC Valuation Connect

Housing Wire

Troy, Michigan-based appraisal management company (AMC) Class Valuation announced on Wednesday that it has acquired fellow AMC Valuation Connect , formerly a subsidiary of mortgage technology company Mortgage Connect LP. We share a core value in that we are not afraid to roll up our sleeves to help our clients win.

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Fintech Maxwell launches POS feature that offers tailored workflows for lenders

Housing Wire

With Blueprint Builder, triggers and business rules can be configured to align the borrower experience to operations processes (such as credit score-based rules), and to support multiple business units or channels, including retail, direct-to-consumer and wholesale. In the current environment, a rigid, static technology stack can prove fatal.

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With 20% market share, independent mortgage brokers are competing directly with retail lenders

Housing Wire

The brokers were in agreement that recruiting talent and maintaining strong partnerships will be key to not only brand development, but a lasting foundation that will continue post-pandemic. “So We’re not out building a retail person’s name. I mean we’re talking up to 30 years,” Nichols said.

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What mortgage lenders need to know about wholesale

Housing Wire

Desmond Smith: There are two ways to get a mortgage — wholesale or retail. Retail lending is when you walk into a bank branch or go to an online lender, and they help you get a mortgage. DS: The growth of the channel has been significant, especially in terms of technology. HW: How has wholesale changed over the past 2–3 years?

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Rick Arvielo on New American Funding’s acquisition strategy

Housing Wire

Rick Arvielo: What’s interesting about our growth is that we are the 13 th largest retail IMB in the country, but we’re only in about a third of the United States. We grew with a call center model for the first 10 years and only got into outside distributed retail 11 years ago. What made Draper and Kramer a good fit for NAF to acquire?