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. 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

Technology 376

Technology Valuation Mortgage Development 376

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 360

Brokerage Mortgage Development Insurance 360

Housing Wire

JANUARY 23, 2023

Revolution will implement Tavant’s document, credit, and collateral analyses solutions later this year. Through the Touchless Lending technology, an application can reach a clear-to-close decision within a week, 80% faster than the average industry time of 50 days.

Lending 373

Lending Mortgage Technology Design 373

Housing Wire

OCTOBER 2, 2023

Online real estate market provider CoStar Group has sued former Homesnap founder Guy Wolcott and three others for allegedly stealing trade secrets related to its online information platform feeding its various marketplace products, including Homes.com and Apartments.com , according to court documents obtained by HousingWire.

Legal Fees 382

Legal Fees Legal Technology Development 382

Housing Wire

SEPTEMBER 18, 2023

I allocate time for personal development and encourage our teams to experiment with new technologies to get familiar with the capabilities first, which allows us to come up with innovative ways to integrate new technologies into our systems and processes and creatively advance the way we do business.

Mortgage 387

Mortgage Technology Development Business 387

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 303

Lending Development Technology Business 303

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 mortgage lender by volume last year.

Retail 387

Retail Loan Officers Legal Technology 387

Housing Wire

OCTOBER 4, 2023

When asked to recommend AI application ideas for the government-sponsored enterprises (GSEs) to develop for the mortgage industry, lenders pointed to appraisal automation, borrower income/employment verification , data/documentation reconciliation and standardization, and compliance management.

Technology 365

Technology Lending Valuation Mortgage 365

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. ” The integration combines comprehensive eClosing technology with data-driven origination workflow automation. .”

Lending 323

Lending Tools Retail Clients 323

Housing Wire

APRIL 11, 2023

The home-buying process involves numerous steps, documents and parties that you have to work with. By having a neutral third party manage the transfer of funds and documents, the sale can be completed quickly and efficiently. In real estate, a title is a legal document that establishes ownership of a property or asset.

Real Estate 361

Real Estate Legal Sellers Buyers 361

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 344

Government Development Contracts Technology 344

Housing Wire

FEBRUARY 16, 2023

LauraMac, a provider of mortgage loan review SaaS technology, has appointed Rick Seehausen as its chief strategy officer. In his new role, Seehausen will work with the leadership team at LauraMac, overseeing strategic planning and developing new and existing products. “I

Technology 307

Technology Development Sellers Mortgage 307

Housing Wire

FEBRUARY 27, 2024

These specific tactics characterize a business development approach that is not compensated for retaining customer loyalty, since it requires a concerted effort to achieve and sustain relationships, and even then it is not guaranteed given the time horizon of a second transaction.

Finance 398

Finance Clients Technology Business 398

Housing Wire

JULY 11, 2022

closed thousands of loans without proper documentation, among other misdeeds. . LendArch has a consulting arm to develop a plan for clients, for example, to reduce costs and improve their underwriting. LendArch has over 30 clients, including lenders and broker firms. Clients include several top 10 lenders in the country.

Mortgage 322

Mortgage Architecture Technology Clients 322

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 383

Mortgage Loan Officers Real Estate Agent Design 383

Housing Wire

JANUARY 4, 2022

As a result, closings today fall on a spectrum of digitization, with benefits that increase with each component that is digitized and each document that is electronically signed (eSigned). On one end are traditional wet-ink signed closings, where all documents are signed in ink. eMortgage challenges.

Investors 436

Investors Tools Technology Development 436

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 389

Real Estate Investors Technology Business 389

Housing Wire

APRIL 18, 2023

However, there is an opportunity in the closing process for better integration between platforms to improve communication and sharing of documents between the brokerage, lender and closing company, each of which has its own process and technology, to relieve some of that stress.

Tools 305

Tools Sellers Technology Loan Officers 305

Housing Wire

FEBRUARY 20, 2024

In today’s rapidly changing technology landscape, businesses in the title insurance , mortgage and real estate industries must prioritize cybersecurity response planning and business continuity. Document Incident Response Procedures: Create step-by-step guidelines for responding to different types of incidents.

Real Estate 328

Real Estate Mortgage Business Development 328

Housing Wire

APRIL 18, 2024

Non-QM vigilance Pamela Hamrick, president of Incenter Diligence Solutions , which provides due-diligence reviews and document management services for the mortgage industry, said that prefunding reviews are also gaining more traction in the nonqualified mortgage ( non-QM ) space. Non-QM loans are those that cannot be purchased by the GSEs.

Investors 380

Investors Technology Mortgage Training 380

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 425

Mortgage Investors Tools Technology 425

Housing Wire

JULY 31, 2022

CXChoice is an integrated SaaS technology and production platform used to assign notaries to each order, based upon criteria set by the client. TCX provides a perfect mix of technology and service, providing its clients with the choice of how to close a loan at every stage of its digital evolution.

Training 314

Training Clients Tools Technology 314

Appraisal Buzz

APRIL 22, 2022

DART (Digital Asset Registration Technologies Inc.), a combined lien and eNote registry system developed by Figure Technologies Inc. using blockchain technology, has two new integration agreements. The first is with Blue Sage , a cloud-based digital lending platform for retail, wholesale and correspondent lenders.

Retail 195

Retail Technology Lending Development 195

Housing Wire

APRIL 13, 2023

To address the challenges and inefficiencies in the traditional lending process, Tavant has developed the Touchless Lending platform, which leverages advanced technologies like artificial intelligence, machine learning, data analytics and cloud computing.

Lending 298

Lending Mortgage Technology Business 298

Housing Wire

SEPTEMBER 14, 2023

Most tech CEOs emphasize how their technology empowers, not replaces, humans. But Pavan Agarwal, CEO of Sun West Mortgage Company and the creator of the Angel Ai technology, has a different perspective, which he shares in this interview with HousingWire Editor in Chief Sarah Wheeler. And AI can deliver that. How does that work?

Loan Officers 391

Loan Officers Technology Mortgage Training 391

Housing Wire

AUGUST 2, 2021

Technology has streamlined the real estate industry, but it has also left the industry confused on how to bring the myriad of regulations, documents and requirements together into a cohesive, simple and secure experience that benefits all parties involved. .

Legal 372

Legal Real Estate Technology Modernization 372

Housing Wire

DECEMBER 14, 2022

Mortgage Industry Standards Maintenance Organization (MISMO), the organization tasked with developing standards for the mortgage finance industry, appointed vice president of operations Jan Davis as its acting president. Congressman Blaine Luetkemeyer, assistant secretary for policy development and research with the U.S.

Development 338

Development Insurance Finance Mortgage 338

Housing Wire

OCTOBER 27, 2022

Parker said that as the new CEO, his goal is to focus on automation and new technologies that can help lenders and other servicers tackle high costs and the recent downturn in mortgage originations. In addition, former EVP of technology and operations Paul Vancheri was named president and COO of the company.

Technology 321

Technology Mortgage Lending Business 321

Housing Wire

MARCH 16, 2022

California-based ICE Mortgage Technology announced this week two enterprise agreements to integrate its eClose solution to Maxwell and Roostify platforms, enabling a more streamlined closing process for lenders and borrowers. Roostify, a mortgage technology provider, will integrate the solution to its digital home lending platform.

Technology 335

Technology Real Estate Agent Loan Officers Lending 335

Housing Wire

APRIL 13, 2023

As a CDFI (Community Development Financial Institution) — a designation given by the U.S. As a CDFI, Change Wholesale is dedicated to expanding access to affordable credit and financial services, promoting community development and supporting economic growth in low-income and underserved communities.

Marketing 361

Marketing Lending Design Development 361

Housing Wire

OCTOBER 4, 2021

Over half of Realtors said that social media was their top lead-generating technology tool, according to a new survey report from the National Association of Realtors. Those who use a smartphone daily primarily use their smartphone for access to email (95%), social media apps (57%), GPS (49%) and document storage (44%).

Realtors 467

Realtors Agents Brokerage Technology 467

Housing Wire

MARCH 21, 2024

Sarah Wheeler: Let’s talk about your background, because you have both technology and real estate experience. Shayan Hamidi: I studied computer science, economics and math and my background is technology. That’s our point of view, which then impacts the way we go about architecting our technology and our product.

Real Estate 428

Real Estate Technology Agents Brokerage 428

Appraisal Buzz

JUNE 27, 2022

Loan origination system (LOS) developer Vesta is integrating with LodeStar Software Solutions , a national provider of closing fee-related compliance tools for mortgage lenders. The post Vesta, LodeStar Integrate Software Capabilities for Mortgage Lenders appeared first on Appraisal Buzz.

Mortgage 195

Mortgage Tools Development Technology 195

Housing Wire

OCTOBER 15, 2021

Home lending proptech Roostify is releasing the “first of many” APIs on its existing lending platform built to automate document validation and data extraction in the lending process. “The way we are using the Document Intelligence Service at Roostify is just an example of one use case,” Bhat told FinLedger.

Lending 301

Lending Development Training Mortgage 301

Housing Wire

APRIL 7, 2022

While the pandemic thrust RON into the mainstream of the industry, many are still wondering how the technology can benefit them and the closing process going forward. RON is the notarization of a document completed 100% electronically. In our industry, that often means home closing documents. What is Remote Online Notarization?

Law 359

Law Technology Insurance Agents 359

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 362

Mortgage Clients Development Legal 362

Housing Wire

SEPTEMBER 30, 2020

At a time when social distancing concerns play a large role in business decisions, many lenders are focused on digital technology to update paper-based lending processes. DocMagic provides clients with an agile and technology-forward lending platform that ensures that they can sustain and scale critical business processes.

Technology 249

Technology Clients Lending Business 249