Housing Wire

JANUARY 18, 2024

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.

Technology 389

Technology Marketing Architecture Clients 389

Housing Wire

DECEMBER 27, 2023

Guild Mortgage has an ambitious plan under the leadership of its new CEO, Terry Schmidt. The California-based retail lender has set a target of becoming a top-10 lender in the markets in which it has a presence, which would give it about 2% in overall market share. nationally, per Inside Mortgage Finance (IMF) estimates.

Mortgage 410

Mortgage Retail Lending Sellers 410

Housing Wire

MARCH 12, 2024

Wells Fargo -backed mortgage fintech Maxwell rolled out a point-of-sale (POS) feature that offers tailored workflows and integrations. Lenders can also define workflows and business rules for any mortgage product, including construction loans, manufactured home loans, home equity loans and bridge loans.

Technology 393

Technology Retail Lending Design 393

Housing Wire

MARCH 14, 2024

Lisa Moriello, the national retail reverse mortgage sales manager at multichannel lender loanDepot , recently spoke to RMD about how business in 2024 seemed to be off to a promising start. Diving deeper into the current reverse mortgage business environment, she offered additional perspectives on multiple topics.

Mortgage 384

Mortgage Clients Loan Officers Tools 384

Housing Wire

NOVEMBER 15, 2023

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.

Valuation 396

Valuation Technology Clients Modernization 396

Housing Wire

APRIL 14, 2022

Consolidation in the mortgage industry is likely in 2022, analysts and lending executives said. Justin Woodward has experienced the best and the worst of the mortgage industry in only 18 months. “I had not done first mortgage lending before, but I was familiar with the basics of real estate lending.

Mortgage 522

Mortgage Marketing Retail Lending 522

Housing Wire

FEBRUARY 9, 2023

Amid the expectation of a wave of mergers and acquisitions in 2023, nonbank mortgage lenders American Portfolio Mortgage Corporation and Town Square Mortgage announced on Wednesday that the companies are merging their operations. This week, Guild announced it has acquired Legacy Mortgage.

Mortgage 365

Mortgage Retail Loan Officers Lending 365

Housing Wire

SEPTEMBER 11, 2023

Cliffco Mortgage Bankers is among the rare independent mortgage banks doing more business than last year. To get there, Cliffco, which has been in business since 1987, is going after the non-qualified mortgage ( non-QM ) market and investing in tech to get in front of buyers and non-agent referral partners.

Loan Officers 394

Loan Officers Agents Retail Technology 394

Housing Wire

OCTOBER 31, 2022

Movement Mortgage on Friday announced the appointment of Lyra Waggoner as its chief information officer. Her role will focus on technology to drive the company’s growth. Waggoner’s professional career spans 18 years in the mortgage industry. The key to growing in a challenging mortgage market. Presented by: Polly.

Loan Officers 367

Loan Officers Mortgage Technology Tools 367

Housing Wire

JULY 31, 2023

mortgage lender, has long described itself as a “one-stop mortgage shop.” But it has built its reputation on its expertise in mortgage. So what exactly is a “one-stop mortgage shop?” “We Smith, senior executive vice president and president of mortgage at Flagstar. Flagstar Bank , a top-25 U.S.

Mortgage 355

Mortgage Clients Business Investing 355

Housing Wire

DECEMBER 16, 2021

Interfirst Mortgage , the retail mortgage business he founded in 2001, had grown to $14.5 The lender originated $10 billion in mortgages in 2013, $5 billion in 2014, $3 billion in 2015 and just $2 billion in 2016 before shutting down altogether in 2017. In 2012, Dmitry Godin was seemingly on top of the world.

Mortgage 366

Mortgage Loan Officers Retail Training 366

Housing Wire

JANUARY 26, 2022

Polly, a software-as-service mortgage-technology firm that operates a loan-trading platform , has raised $37 million through a new funding round, its third since launching in 2019 — bringing the total raised from investors to $57 million. It operates more than 650 branches nationwide and employs some 4,000 people.

Modernization 354

Modernization Mortgage Lending Investors 354

Housing Wire

FEBRUARY 16, 2024

For most of its history, New American Funding (NAF) has focused on organic growth, but earlier this month, the company acquired Draper and Kramer Mortgage Corp. 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.

Loan Officers 413

Loan Officers Retail Clients Real Estate Agent 413

Housing Wire

JULY 16, 2021

The second big mortgage joint venture announcement this week is a meeting of the Glenns. Glenn Sanford’s eXp World Holdings announced Thursday a mortgage joint venture with Glenn Stearns’s Kind Lending , called Success Lending. The Mobile “Must-Haves” Reshaping Mortgage Technology. Presented by: SimpleNexus.

Mortgage 407

Mortgage Lending Brokerage Agents 407

Housing Wire

SEPTEMBER 28, 2023

FTC sued ICE earlier this year alleging the two top mortgage technology providers would drive up costs, reduce innovation and limit lenders’ choices for mortgage origination tools. There’s a little north of 100 [MSP clients] and we believe that 40 of those are not on Encompass today. billion and $2.07 billion.

Technology 408

Technology Valuation Mortgage Development 408

Housing Wire

APRIL 4, 2023

Add Moon Mortgage to the list of fintechs offering crypto-backed mortgages. Since 2021, other fintechs have launched crypto mortgage products, including Toronto-based Ledn and Miami-based Milo. Moon’s crypto mortgage product has a minimum loan amount of $1 million. Six months after raising $3.5

Mortgage 375

Mortgage Investors Retail Investing 375

Housing Wire

AUGUST 1, 2023

When the Federal Reserve slashed interest rates to zero on March 15, 2020 and set off an extraordinary real estate boom, Rocket Mortgage was ready. But more than 80% of Rocket’s volume during those years came from refinancings, data from Inside Mortgage Finance (IMF) showed. Its parent Rocket Companies rode the wave to a stunning $9.4

Loan Officers 368

Loan Officers Retail Real Estate Agent Real Estate 368

Housing Wire

FEBRUARY 15, 2023

Texas-based mortgage lender Click n’ Close announced on Tuesday that its primary technology partner, Alabama-based mortgage banker Barr Group Mortgage, has completed the first eNote transaction using the Click n’ Close non-delegated correspondent eNote program. Pannell, DocMagic’s chief eServicing executive, said.

Mortgage 269

Mortgage Retail Insurance Technology 269

Housing Wire

OCTOBER 16, 2023

HousingWire recently spoke to Alex Elezaj, chief strategy officer at UWM , about the work independent mortgage brokers can do right now to prepare for when rates drop and how to go above and beyond for clients. HousingWire: Why should independent mortgage brokers embrace today’s market? They want the house.

Business 407

Business Real Estate Agent Marketing Clients 407

Housing Wire

JUNE 29, 2023

This integration aims to deliver an enhanced customer experience for mortgage borrowers while streamlining the closing process. ” The integration combines comprehensive eClosing technology with data-driven origination workflow automation. . Finastra is a global provider of financial software applications and marketplaces.

Lending 350

Lending Tools Retail Clients 350

Housing Wire

SEPTEMBER 30, 2022

The latest weekly survey data from Freddie Mac shows the 30-year fixed-rate mortgage jumped 40 basis points to an average of 6.70% this week, the highest level since 2007. The uncertainty and volatility in financial markets is heavily impacting mortgage rates,” said Sam Khater, Freddie Mac’s chief economist. Presented by: FormFree.

Buyers 458

Buyers Mortgage Loan Officers Retail 458

Housing Wire

DECEMBER 17, 2021

Nominations for the 2022 HousingWire Tech100 Mortgage and Tech100 Real estate are closing today. The Tech100 Mortgage Award recognizes the companies and solutions that are revolutionizing the mortgage process – from origination to closing, and servicing to secondary markets. million agents as of last year.

Real Estate Agent 386

Real Estate Agent Real Estate Retail Technology 386

Housing Wire

APRIL 26, 2023

STG Mortgage has successfully implemented OptifiNow ‘s TPO CRM solution, according to a press release from the software provider. Nectar Kalajian, CEO of STG Mortgage, said the company needed a CRM solution that could meet the sales and marketing needs of the entire business unit.

Mortgage 270

Mortgage Design Retail Lending 270

Housing Wire

OCTOBER 17, 2022

Rocket Pro TPO, a division of Rocket Mortgage , launched a set of new tools this week for non-delegated correspondent lenders. Through the program, the homebuyer uses Rocket Pro TPO’s digital client portal to apply, submit documents and e-sign. from the prior quarter to $162 billion, according to Inside Mortgage Finance.

Clients 402

Clients Retail Mortgage Tools 402

Housing Wire

DECEMBER 12, 2022

The mortgage lender’s overall origination volume dropped 54% from January to September compared to the same period in 2021, according to data from Inside Mortgage Finance. The company has cut hundreds of jobs across layoffs in March , May , July and October , underscoring the immense challenges of the current mortgage market.

Marketing 394

Marketing Lending Retail Clients 394

Housing Wire

JUNE 30, 2021

The wholesale channel will continue to grow as more retail originators and borrowers learn the benefits of working with a mortgage broker. United Wholesale Mortgage (UWM) is solely focused on growing the wholesale channel and helping independent brokers thrive. “At

Tools 306

Tools Training Technology Clients 306

Housing Wire

JUNE 30, 2021

During this period of significant opportunity for purchase transactions and refinances, brokers and wholesale correspondents (non-delegated) need to align to wholesale lenders that provide deep industry expertise, comprehensive products and efficient operational support to support their clients’ strategies. 1 VA, FHA and GNMA lender.”.

Mortgage 197

Mortgage Clients Training Government 197

Housing Wire

APRIL 3, 2024

mortgage lender United Wholesale Mortgage (UWM) is the target of a class-action-seeking lawsuit alleging it orchestrated a scheme with mortgage brokers to apply excess fees and costs to borrowers. The wholesale lender called the accusations a “sham.” The lawsuit was filed on Tuesday in a Michigan district court by Therisa D.

Loan Officers 458

Loan Officers Mortgage Business Retail 458

Housing Wire

JULY 31, 2023

The company appointed Varun Krishna, a veteran in the financial technology world who held executive positions at Intuit and PayPal , as its new CEO. In addition, Bob Walters has informed the board of directors of his intention to retire from his role as CEO of Rocket Mortgage and president and Chief Operating Officer of Rocket Companies.

Technology 368

Technology Clients Mortgage Marketing 368

Housing Wire

SEPTEMBER 11, 2023

Eric is a seasoned mortgage professional who has built something really special with the Guaranteed Backup Contract,” Tushar Garg , the co-founder and CEO of Flyhomes, said in a statement Monday. Meadow has 25 years of mortgage industry experience. The consumer has 90 days to then close of the sale of their prior home.

Contracts 383

Contracts Real Estate Agent Tenants Retail 383

Housing Wire

DECEMBER 6, 2021

Chazz Huston Strategic Alliances Manager, Black Knight Secondary Marketing Technologies. Thanks to the fact that most auto retailers list their product and pricing online, this process was easy for me to complete on my own time. Technology Ushers New Possibilities for Product and Pricing. A Broken Shopping Experience.

Technology 357

Technology Lending Modernization Clients 357

Housing Wire

DECEMBER 21, 2021

Numerous shops, including Better.com , Interfirst Mortgage , and Freedom Mortgage have announced layoffs in the past few weeks, and some LOs worry their jobs may also be on the chopping block. According to Fahad Janvekar, a loan officer at Fairway Independent Mortgage , “there is definitely some concern” about layoffs in the industry.

Loan Officers 441

Loan Officers Retail Business Mortgage 441

Housing Wire

AUGUST 19, 2021

Blend’s white-label technology is what powers mortgage applications on the websites of traditional banks such as Wells Fargo and U.S. It checks income, it verifies identities and has become a key consumer-facing processing tool for some of the largest mortgage lenders in the country.

Insurance 368

Insurance Retail Clients Technology 368

Housing Wire

JUNE 30, 2021

Now, the focus is on the hot purchase market, and brokers are looking for solutions outside the conventional conforming product box to assist their client base. That’s where Finance of America Mortgage (FAM) TPO’s Two-X Flex suite of proprietary jumbo and non-QM products comes into the picture.

Finance 284

Finance Lending Clients Technology 284

Housing Wire

AUGUST 1, 2023

From leading mortgage companies and real estate firms to spearheading groundbreaking initiatives and driving policy reforms, these honorees are making an indelible impact on housing.

Real Estate 370

Real Estate Realty Lending Mortgage 370

Housing Wire

NOVEMBER 23, 2021

The figure is believed to be a record for a retail loan originator. And Thuan Nguyen, who leads tech-forward mortgage brokerage LoanFactory , cleared $2 billion in 2020 across 5,200 loans. Others who landed in the $1 billion club last year include Chris Gallo, of mortgage brokerage NJ Lenders Corp.

Loan Officers 295

Loan Officers Brokerage Retail Clients 295

Housing Wire

MARCH 24, 2021

A week after the deadline to pick sides in United Wholesale Mortgage ‘s “all-in” ultimatum to mortgage brokers, Fairway Independent Mortgage is speaking out. Technology has given consumers the power of choice and expedited the entire real estate purchasing process. ” Fairway, which did about $3.5

Real Estate Agent 384

Real Estate Agent Retail Real Estate Design 384