Housing Wire

MARCH 27, 2023

Agile , a Philadelphia-based fintech company focused on mortgage-backed securities (MBS), announced on Monday the execution of the mortgage industry’s first fully-automated Assignment of Trade (AOT) transaction. Financial Group , said. Dealer-to-dealer assignments are also electronically executed on Agile’s platform. “As

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Investors Technology Design Mortgage 414

Housing Wire

JULY 7, 2022

With a rapid spike in interest rates, inventory at historic lows, home prices rising at unprecedented levels above income, and a purchase market that is both highly anxious and digitally reliant, mortgage and real estate professionals must be strategic to capture the market opportunity today. Institutional Investors.

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Inventory Marketing Mortgage Supply Chain 391

Housing Wire

DECEMBER 6, 2022

million in its seed round to build a mortgage-as-a-service platform for fintechs, banks and retail banks. Conversion Capital led the funding with participation from Fifth Wall , Peter Thiel , QED Investors , Montage Ventures , and Village Global as well as Ramp , Blend , Zillow , SoFi and Figure , the company announced.

Mortgage 306

Mortgage Retail Development Design 306

Housing Wire

NOVEMBER 1, 2022

Mortgage tech firms Mortgage Coach and Polly have teamed up on a new application programming interface (API) integration that guides borrowers through a visual representation of their loan options. The new API integration will feed real-time data from Polly’s cloud-based PPE into Mortgage Coach’s total cost analysis (TCA) presentation.

Mortgage 376

Mortgage Project Management Insurance Loan Officers 376

Housing Wire

MARCH 18, 2024

Intercontinental Exchange (ICE) Mortgage Technology introduced two new tools, Validate ROV and Validate Selector, to its growing suite of property valuation solutions, the company announced on Monday. Regulators are paying close attention to valuations for many valid reasons.

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Valuation Reconsideration of Value Tools Technology 351

Housing Wire

JANUARY 24, 2024

Government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac announced this week the release of their “Mission Index,” updating or expanding their single-family social bond framework to better communicate the goals of the index to stakeholders and investors. The GSEs issued separate announcements and a joint statement.

Investors 399

Investors Lending Finance Design 399

Appraisal Buzz

APRIL 10, 2024

Fannie Mae is selling a pool of approximately 1,205 deeply delinquent mortgages totaling $221.9 CIPs are typically smaller pools of loans that are geographically focused and marketed to encourage participation by non-profit organizations, minority- and women-owned businesses (MWOBs), and smaller investors. million in UPB.

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Investors Buyers Design Business 363

Housing Wire

MAY 4, 2022

Black Knight’s Optimal Blue is looking to court mortgage brokers with its new pricing feature that provides up-to-date rates on its cloud-based loan servicing platform. The post Optimal Blue hopes to hook mortgage brokers with real-time rate feature appeared first on HousingWire. and Thomas H.

Mortgage 350

Mortgage Real Estate Agent Investors Design 350

Housing Wire

MARCH 4, 2024

Add mortgage tech firm Guideline Buddy to the list of companies with an artificial intelligence -powered chat tool. The new tool is designed to help loan officers, processors and underwriters instantly find the relevant mortgage guidelines they need.

Loan Officers 354

Loan Officers Tools Design Technology 354

Housing Wire

MARCH 5, 2024

Dara by Sagent is the first mortgage software platform to unify all data and user experiences for servicers and homeowners across the entire servicing lifecycle. The end-to-end, real-time capabilities of Dara improve every point of the servicing industry for every stakeholder, including operators, consumers, investors, and regulators.

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Modernization Investors Design Tools 368

Housing Wire

JUNE 28, 2021

Ginnie Mae is set to introduce a new 40-year mortgage term for its issuers on the heels of administrative shake ups at the top of the housing industry. The mortgage-bond giant said it expects the new pool to be available in October. . The post Ginnie Mae unveils 40-year mortgage term for issuers appeared first on HousingWire.

Mortgage 536

Mortgage Finance Design Tools 536

Housing Wire

JUNE 27, 2023

Automated mortgage technology provider Lender Toolkit announced this week that it has integrated with Reggora , an appraisal management software company that focuses on modernizing residential real estate valuations for mortgage lenders. That savings can be passed on to borrowers.”

Mortgage 271

Mortgage Modernization Appraisal Process Loan Conditions 271

Housing Wire

MARCH 21, 2023

9, when mortgage rates started to fall from 7.37% to 5.99%. In 2022, it was all about affordability as mortgage rates had a historical rise. Even though mortgage rates were falling in November and December, positive purchase application data takes 30-90 days to hit the sales data. million in February. million in February 2022).

Mortgage 483

Mortgage Housing Market Inventory Law 483

Housing Wire

JANUARY 30, 2024

A growing number of nonbank mortgage lenders have recently rolled out down payment assistance (DPA) programs to increase their origination share in a challenging mortgage environment. Most recently, loanDepot rolled out a new DPA program for Federal Housing Administration borrowers that enables them to put no money down upfront.

Landlords 471

Landlords Housing Market Mortgage Design 471

Housing Wire

OCTOBER 6, 2020

Talk to any mortgage technologist about the future of the industry and two topics will emerge immediately: big data and smarter automation. Joe Camerieri, EVP Mortgage Cadence. Today, while the mortgage industry has the technology to support this, we’re still in the early stages of determining how it should be used.

Technology 441

Technology Mortgage Investors Investing 441

Housing Wire

JUNE 15, 2021

Non-QM lender Sprout Mortgage is setting up a distributed retail operation, and it’s picked a veteran of Wells Fargo to lead the new division. Johnson, based in Miami, has also worked at PNC Bank during his career in mortgage banking. Sprout does most of its business through mortgage brokers.

Retail 345

Retail Mortgage Legal Lending 345

Housing Wire

MAY 15, 2024

Last month, Freddie Mac announced a plan to begin purchasing single-family closed-end second (CES) mortgages from lenders, a proposal now subject to a public comment review period before adoption. The CES-backed deals so far in 2024, according to KBRA’s tracking data, have been offered through shelves sponsored by Rocket Mortgage , J.P.

Investors 392

Investors Mortgage Marketing Finance 392

Housing Wire

APRIL 26, 2022

A rising player in the world of crypto-mortgages and blockchain-enabled financing, LoanSnap, plans expand its reach in the market by opening its lending platform to licensed mortgage brokers across the country in the near future. It’s an open platform. We’re not huge, but we’re not small either.”.

Mortgage 437

Mortgage Technology Investing Investors 437

Housing Wire

OCTOBER 3, 2022

Encompass by ICE Mortgage Technology is the industry’s most complete end-to-end solution that provides the flexibility and configurability needed to deliver a next-generation lending experience for every channel, all from a single system of record. Stephanie Durflinger, SVP, Product Management.

Technology 303

Technology Mortgage Lending Investors 303

Housing Wire

JULY 8, 2022

There is unquestionably a need for regulatory innovation across the broader mortgage industry, but none more pressing than de-risking the mortgage servicing space. Broad lessons were learned on how to curb predatory lending practices following the subprime mortgage crisis. The true benefit of quantitative easing.

Mortgage 349

Mortgage Technology Investors Law 349

Housing Wire

JANUARY 12, 2023

Black Knight recently launched a web portal that enables clients, third-party providers and their developers to access the company’s application programming interfaces (APIs) across the mortgage life cycle. Servicing Digital, offered as an app or web design, enables customers to access their loan- and home-related information.

Mortgage 290

Mortgage Clients Tools Development 290

Housing Wire

AUGUST 28, 2023

The CDFI certification is a designation given by the U.S. Because CDFIs provide credit and financial services to underserved Black, Hispanic and low-income communities, they are exempt from certain mortgage regulations. Its parent company, The Change Company CDFI , remains as one of the certified program originators.

Lending 365

Lending Design Finance Contracts 365

Housing Wire

APRIL 13, 2023

For example, borrowers who are prime and creditworthy but who may not qualify for traditional mortgages, such as the self-employed or those with non-traditional income sources, may benefit from non-QM programs. As a CDFI (Community Development Financial Institution) — a designation given by the U.S.

Marketing 351

Marketing Lending Design Development 351

Housing Wire

JANUARY 26, 2022

Tomo , a fintech mortgage startup run by former Zillow executives, is expanding its presence, announcing this week that it will now serve borrowers in Florida, Connecticut and Colorado. And they’re looking to capitalize on higher home prices and the market for jumbo mortgages. the fintech company said.

Mortgage 313

Mortgage Advertising Lending Brokerage 313

Housing Wire

MAY 15, 2024

Last month, Freddie Mac announced a plan to begin purchasing single-family closed-end second (CES) mortgages from lenders, a proposal now subject to a public comment review period before adoption. The CES-backed deals so far in 2024, according to KBRA’s tracking data, have been offered through shelves sponsored by Rocket Mortgage , J.P.

Marketing 330

Marketing Investors Mortgage Finance 330

Housing Wire

JUNE 26, 2023

Digital mortgage exchange and loan aggregator MAXEX announced on Monday it closed an equity investment round and partnerships to expand liquidity amid the recent market volatility. Several of MAXEX’s existing investors, including J.P. Terms of the transaction were not disclosed.

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Investing Investors Design Mortgage 311

Housing Wire

SEPTEMBER 14, 2023

This team during my tenure has done the yeoman’s work of really amplifying, collecting and gathering all the loan-level data that is in our securities to be able to disclose that data to investors, so they really understand what’s in the pools that they’re buying and what they’re investing in.”

Investors 334

Investors Investing Government Tools 334

Housing Wire

SEPTEMBER 13, 2023

CAPE Analytics has unveiled a new, AI-powered , automated property condition report (aPCR) tool crafted for institutional lenders, whole loan investors, and real estate investors. Begley said the CAPE Analytics aPCR represents that missing piece, instantly informing mortgage professionals about conditions.

Tools 368

Tools Valuation Inspection Investors 368

Housing Wire

DECEMBER 30, 2020

While the United States may not have been prepared to combat a deadly virus, a quick and robust response from the Federal Reserve , along with changing consumer preferences, created a perfect storm that resulted in a record year for the housing and mortgage industries. Quite the opposite. Sales of new homes spiked 18.6% bond market.

Mortgage 545

Mortgage Investors Housing Market Marketing 545

Housing Wire

FEBRUARY 27, 2024

Pretium Partners , one of the nation’s largest investors in nonagency residential mortgages, announced the signing Tuesday of a strategic partnership with Hunter Point Capital (HPC) that is designed to support Pretium’s long-term growth.

Investing 331

Investing Design Investors Marketing 331

Housing Wire

SEPTEMBER 26, 2023

Acra Lending , a private mortgage lender, announced its integration with Tavant ’s Touchless Lending Collateral Analysis. It was designed to seamlessly integrate with existing lender systems, including CRMs, Point-of-Sales, LOS, and document management systems. Collateral Analysis automates an underwriter’s appraisal review process.

Lending 343

Lending Technology Design Investors 343

Housing Wire

DECEMBER 1, 2020

This marks the second round of startups to participate in the program since its launch in September 2019 – originally as an initiative by Flagstar to guide late-stage mortgage tech startups in an effort to evaluate the viability of future investments and partnerships. LOs are only human — Tech is necessary to keep up with max loan volumes.

Mortgage 276

Mortgage Lending Technology Investors 276

Housing Wire

AUGUST 1, 2023

With the deals, Mr. Cooper has moved closer to its $1 trillion mortgage servicing rights (MSR) portfolio target. Cooper announced it completed the acquisition of Roosevelt and its affiliated subsidiaries, which include a registered investment advisor and licensed mortgage servicing rights (MSR) owner. of the total).

Investors 369

Investors Design Insurance Investing 369

Housing Wire

SEPTEMBER 16, 2021

When it comes to housing and mortgage markets this fall, most attention is being focused on the expiration of eviction and foreclosure moratoria and the pending completion of forbearance terms for many homeowners. As shown in Exhibit 1, the delinquency rate tends to be highly correlated with the unemployment rate over time.

Mortgage 475

Mortgage Inventory Investors Design 475

Housing Wire

SEPTEMBER 22, 2022

The new credit risk transfer (CRT) offering, STACR 2022-DNA7, outlined in a presale report by Kroll Bond Rating Agency , involves a $616 million note offering backed by a reference loan pool of 69,144 residential mortgages with an outstanding principal balance of $19.9 million single-family mortgages.

Investors 333

Investors Design Mortgage Finance 333

Housing Wire

AUGUST 14, 2023

billion in penalties to settle a civil action alleging misconduct related to the underwriting, issuance and sale of residential mortgage-backed securities (RMBS) before the 2008 financial crisis. In the mortgage space, UBS has plans to wind down a business in its U.S. mortgage unit that focuses on “to-be-announced” (TBA) trading.

Investors 311

Investors Law Design Mortgage 311

Housing Wire

SEPTEMBER 29, 2022

MAXEX , a major mortgage trading and aggregating platform, has unveiled a series of new programs designed to serve originators and loan buyers in the growing non-QM lending market. MAXEX is an Atlanta-based fintech company that is backed by leading private-equity and capital-markets investors, including J.P. Morgan Chase.

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Marketing Investors Design Lending 335