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Floify’s new platform aims to provide flexible pricing for mortgage lenders

Housing Wire

Configured to give independent mortgage banks, federally insured banks and credit unions the needed tools at an accessible price point, Floify Lender Edition aims to increase lender profitability through its automated processes and efficiency tools, the company said. Founded in 2013, Floify — a subsidiary of Porch Group Inc. —

Mortgage 415
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Reverse purchase financing: The financing option no one is talking about

Housing Wire

But unlike financing with a traditional mortgage, monthly principal and interest payments are not required on the loan, so long as the homeowner keeps up to date with real estate taxes, homeowners’ insurance and property maintenance. The 6% limit also includes payment of the Up-Front Mortgage Insurance Premium (UFMIP).

Finance 454
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What a tech entrepreneur has discovered about reverse mortgages

Housing Wire

Anna Frankowska As retirements become longer and there is additional pressure to find adequate retirement financing tools, Frankowska discovered the reverse mortgage product concept and found it to be a potential solution.

Mortgage 447
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titlegenius by Radian makes closing simple, transparent and less expensive

Housing Wire

Radian has developed titlegenius to help improve the closing process for homebuyers, sellers and lenders alike. Titlegenius offers easy-to-use tools like remote capture and online notarization. Plus, loan officers can access their entire transaction pipeline at a glance for purchase transactions using titlegenius.

Tools 361
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ICE Mortgage Technology President Tim Bowler on mortgage automation

Housing Wire

What we’re trying to do at ICE is break down the various transactions where a borrower and a lender might interface and figure out how we can deliver a set of technology tools and solutions so that the borrower can get their loan — for purchase or refinance — as fast as possible with the least amount of cost.

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Buyside launches a new home valuation pages feature

Housing Wire

Buyside helps real estate agents and loan officers engage homeowners with not just home value tools but also branded wealth optimization tips on their home’s equity so homeowners can now truly view their home as an asset. “According to NAR over 69% of buyers have a home to sell, so really homeowners represent the earliest buyer.

Valuation 358
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Blend reaches unicorn status with $75 million Series F raise

Housing Wire

This article was written for FinLedger, HW Media’s new fintech-focused news brand designed specifically for financial services professionals in banking, insurance and real estate. To that end, Blend plans to use the new capital to invest in product development such as speeding up the release of its digital closing solution.

Investing 492