Housing Wire

MARCH 18, 2024

Department of Housing and Urban Development (HUD) detailed some of its hopes for Ginnie Mae. HMBS program priorities Although analysts have recently characterized the HMBS market as “ very liquid ,” HUD and Ginnie Mae continue to be concerned about HMBS liquidity for program issuers, according to the budget documents.

Mortgage 404

Mortgage Modernization Development Marketing 404

Housing Wire

AUGUST 31, 2020

Any lender can access DocMagic’s Total eClose eClosing platform, regardless of their current document provider. Because the technology can consume data and documents from any source, it has the ability to dynamically e-enable any third-party documents, even if they were not originally produced by DocMagic.

Supply Chain 201

Supply Chain Technology Clients Development 201

Housing Wire

MAY 6, 2024

The company claims the platform can automatically process nearly 90% of data points extracted from documents in a month. Before Rocket, Malhotra spent seven years at Thomson Reuters, with his most recent position as head of engineering and product development. started his career as a software developer for Qualcomm.

Development 389

Development Technology Tools Mortgage 389

Housing Wire

APRIL 9, 2024

Rocket Mortgage ’s bet on artificial intelligence (AI) has resulted in a patented platform called Rocket Logic, which can automatically process nearly 90% of data points extracted from documents in a month and reduce by 25% the number of times a professional interacts with a mortgage loan year over year, the company claims.

Clients 427

Clients Technology Investing Finance 427

GoForrmz

SEPTEMBER 16, 2021

Easily create and share digital forms with new hires and current employees Human resources departments often manage a company’s employees, new hire onboarding , recruiting, training, and all other related documentation. The Public Form link can be sent to new employees to fill out, sign, and complete.

Human Resources 158

Human Resources Training Legal Development 158

Housing Wire

OCTOBER 27, 2023

Admittedly, the myriad of documents requiring signatures can be overwhelming, especially for first-time homebuyers. That is why nearly a decade ago, ALTA launched the Homebuyer Outreach Program, a committee dedicated to developing content focused on educating consumers about homebuying, title insurance, and the closing process.

Insurance 510

Insurance Real Estate Buyers Real Estate Agent 510

Housing Wire

DECEMBER 4, 2023

Mortgage Call Reports (MCR) function allows brokers to swiftly generate mandatory national mortgage licensing system (NMLS) reporting documentation and export reports by quarter, year and state — streamlining a burdensome compliance requirement. Founded in 2013, Floify — a subsidiary of Porch Group Inc. — in an $87 million deal in 2021.

Lending 451

Lending Mortgage Real Estate Agent Design 451

Housing Wire

MARCH 11, 2024

Lender Edition maintains features that are popular among Floify users, such as an intuitive interface for borrowers and lenders; automated document management workflows; free native e-sign functionality; verification of income and employment waterfall functionality; and loan progress transparency.

Mortgage 415

Mortgage Loan Officers Real Estate Agent Design 415

Housing Wire

MARCH 14, 2024

Department of Housing and Urban Development (HUD) is being sued in federal court over accusations that it failed to refund nearly $385 million in mortgage insurance premiums (MIP) to borrowers over a period of more than two decades. Sarmiento reportedly requested the documentation for a refund on Jan.

Insurance 483

Insurance Mortgage Development Legal 483

Housing Wire

SEPTEMBER 6, 2023

Department of Housing and Urban Development (HUD)-approved counselors can use fee for pre-purchase counseling and homeownership education services. It is not exhaustive of all HUD documents that continue to apply.” The list includes Statement of Policy 1999-1 referenced by Berenbaum. This list is provided for ease of reference.

Mortgage 404

Mortgage Contracts Real Estate Development 404

Housing Wire

DECEMBER 14, 2022

uses the power of OCR, Computer Vision (CV), and Ai to transform information on Mortgage documents (paper and digital) into data and improve mortgage operations’ efficiency by enhancing speed and accuracy. has Straight-Through Processing (STP) capabilities for 56% of US mortgage documents. from Visionet. Product Fast Facts. #1.

Design 350

Design Development Mortgage 350

Housing Wire

APRIL 10, 2024

In its March Supervisory Highlights, the FDIC stated that many institutions have developed policies and procedures to ensure sufficient mortgage broker services are provided in order to receive compensation , which was the first of a two-part test.

Brokerage 392

Brokerage Mortgage Development Insurance 392

Appraisal Buzz

MAY 7, 2024

Winokur’s significant expertise in marketing strategy, brand development, marketing communications and digital marketing is expected to quickly build on existing marketplace momentum for Carrington’s diverse non-QM offerings. Winokur has established a reputation as a non-QM virtuoso.

Marketing 195

Marketing Mortgage Lending Development 195

Housing Wire

JANUARY 19, 2024

Country Club Mortgage , a home lender based in California , has decided to lay off over 100 employees due to “facility closures,” documents sent to state regulators show. Job positions affected by the layoffs are underwriters, processors, disclosure and document specialists, among others.

Human Resources 432

Human Resources Mortgage Loan Officers Finance 432

Housing Wire

JANUARY 23, 2024

District Court for the Northern District of Texas between warehouse lender Texas Capital Bank (TCB) and Ginnie Mae is progressing with new, pretrial deadlines that have been set by a magistrate judge, according to court documents reviewed by RMD. The deadline for “all expert and factual discovery” will be March 14, 2025.

Government 399

Government Development Mortgage Legal 399

Housing Wire

FEBRUARY 7, 2024

The GSEs should “increase certain loan purchases” in Duty to Serve markets; develop new and accessible loan products and programs; and evaluate new business partnership opportunities. Better loan products to serve “high-needs rural regions” should also be developed.

Land Lease 440

Land Lease Law Finance Government 440

Housing Wire

MAY 7, 2024

We have a responsibility to make loans that are based on bank statements, and other non-W-2-related financial documents, available to ensure all Americans have an equal opportunity to achieve their dream of homeownership, or purchase investment properties to secure their financial future.”

Marketing 322

Marketing Lending Retail Investing 322

Housing Wire

JUNE 28, 2023

This week, Fannie Mae published a new frequently asked questions (FAQ) document related to RefiNow, the refinancing product announced by the Federal Housing Finance Agency (FHFA) in 2021 that targets low-income borrowers with single-family mortgages backed by the government-sponsored enterprises (GSEs).

Finance 345

Finance Insurance Government Mortgage 345

Housing Wire

FEBRUARY 8, 2024

Shortly after ICE’s acquisition of Black Knight , executives noted that more than $300 million worth of opportunities existed, including cross-selling the company’s data and document automation platform to Black Knight’s entire mortgage servicing system.

Technology 358

Technology Clients Investing Mortgage 358

Housing Wire

FEBRUARY 6, 2024

In a document filed on Monday, the counsel for the home seller plaintiff Joseph Masiello notified the federal court in Arizona that it was voluntarily dismissing defendant Walt Danley Local Luxury , an affiliate of Christie’s International Real Estate , from the suit. Defendants in other copycat commissions suits have been dismissed.

Realty 398

Realty Realtors Real Estate Brokerage 398

Housing Wire

MARCH 28, 2024

Other complex and time-consuming tasks addressed by improved technology include title searches, document preparation, lien releases, and even the closing itself, as RON and digital closings gain adoption rapidly. A document might be needed closer to the closing date or as soon as a few days after the start of the process.

HOA 458

HOA Property Management Real Estate Agent Technology 458

Housing Wire

JUNE 29, 2023

DocMagic , a provider of loan document generation and eMortgage services, announced this week the integration of its Total eClose platform with Finastra ‘s MortgagebotLOS solution. It enables the generation of compliant loan documents, facilitates borrower eSignatures, and allows for remote online notarizations (RON).

Lending 325

Lending Tools Retail Clients 325

Appraisal Buzz

APRIL 1, 2024

The records an appraiser maintains as a part of developing the appraisal — both data that was included in the report and data that was analyzed and considered but not used — supports the appraiser’s conclusions more precisely than any single paragraph of the report ever can. I’ve seen this happen. Systems fail.

Appraisal 370

Appraisal Development Modernization Marketing 370

Housing Wire

SEPTEMBER 23, 2022

A former assistant inspector general for the Department of Housing and Urban Development (HUD) has been convicted by a federal jury of concealing efforts to direct tens of millions of dollars in government business to a friend and government contractor to whom he owed money.

Government 368

Government Development Contracts Technology 368

Housing Wire

MARCH 4, 2024

28 in federal court, represents the latest development in an ongoing lawsuit involving a data breach. Three Bayview Asset Management -owned mortgage servicers are seeking to halt a plaintiff’s filing in a data breach lawsuit, citing an overabundance of confidential information shared about the incident, National Mortgage News first reported.

Mortgage 395

Mortgage Clients Development Legal 395

Housing Wire

FEBRUARY 13, 2024

Gregory Meola, managing director, head of business development & strategy, Acra Lending Rather than formulaic QM lending, non-QM lending can be more complex. Gregory Meola, managing director and head of business development & strategy for Acra Lending explains the process and how technology can be a boon to streamlining the process.

Lending 332

Lending Technology Development Business 332

Housing Wire

JUNE 16, 2023

SimpleNexus , a homeownership platform developer for loan officers, borrowers, real estate agents, and settlement agents, announced this week a new integration with Empower, the loan origination system (LOS) from Black Knight. ” SimpleNexus , an nCino company, is a developer of mobile-first technology for mortgage lenders.

Loan Officers 339

Loan Officers Real Estate Agent Technology Real Estate 339

Housing Wire

APRIL 24, 2023

Declarations and governing documents of a common interest community within cities subject to the middle housing requirements […] that are created after the effective date of this section may not actively or effectively prohibit the construction, development, or use of additional housing units,” the bill states.

Law 345

Law Legal HOA Construction 345

Housing Wire

MAY 28, 2021

Custodians are responsible for storing mortgage collateral documents on behalf of the investor for the life of the loan – 30 years, plus ~4 years after the mortgage is paid in full. There are approximately 55 million files currently held by document custodians, which is expected to grow to 61 million by 2025.

Mortgage 457

Mortgage Investors Tools Technology 457

Housing Wire

SEPTEMBER 28, 2023

In parallel, ICE plans to develop its own PPE to provide additional options to lenders and partners, ultimately lowering the cost for the consumer. “We Under the agreement between the FTC and the two mortgage tech providers, ICE completed the sale of Black Knight’s Optimal Blue and Empower in September.

Technology 409

Technology Valuation Mortgage Development 409

Housing Wire

NOVEMBER 13, 2020

Real-estate closing platform Qualia announced the launch of its Physical Document Service on Thursday that will allow mortgage lenders to automate the management of paper trailing documents from title partners through the Qualia platform. The company announced the news during the fall session of its Future of Real Estate Series.

Real Estate 422

Real Estate Investors Technology Business 422

Housing Wire

MARCH 5, 2024

In a document filed on Monday with U.S. Howard Hanna Real Estate declined to comment on the development. The homebuyer plaintiffs in the Batton II commission lawsuit in Illinois made the decision to voluntarily dismiss defendant Howard Hanna Real Estate Services from the lawsuit without prejudice.

Real Estate 410

Real Estate Real Estate Agent Sellers Realtors 410

Housing Wire

FEBRUARY 20, 2024

Read on to learn how to create a strong shield against risk through the development of an effective cyber response plan and solid business continuity measures. Document Incident Response Procedures: Create step-by-step guidelines for responding to different types of incidents.

Real Estate 358

Real Estate Mortgage Business Development 358

Housing Wire

JANUARY 4, 2024

Developed by the American Institute of Certified Public Accountants , the SOC 2 Type II audit examines a company’s controls related to security, availability, processing integrity, confidentiality and privacy. SOC 2 is regarded as the premier data security standard for Software as a Service (SaaS) providers.

Tenants 407

Tenants Insurance Development Mortgage 407

Housing Wire

MARCH 30, 2023

A Worker Adjustment and Retraining Notification (WARN) filed with the New Jersey Department of Labor and Workforce Development shows the job cuts will affect mortgage loan officers, final “docs” associates, desktop support professionals and business solutions architects, among others. “As

Retail 416

Retail Loan Officers Legal Technology 416

Housing Wire

JANUARY 23, 2023

Revolution will implement Tavant’s document, credit, and collateral analyses solutions later this year. Once we finish deploying Document, Credit, and Collateral for Revolution Mortgage, our partnership will prove just that.”

Lending 406

Lending Mortgage Technology Design 406

Appraisal Buzz

MAY 3, 2024

From the same five-minute scan that CubiCasa’s worldwide user base is already familiar with, users can now generate detailed property data via The Home Report, and helpful imagery for property documentation purposes via Snapshots.

Open Houses 195

Open Houses Inspection Sellers Buyers 195