Housing Wire

OCTOBER 9, 2023

More than a mortgage app Developed by the company’s in-house technology team, the Rate App took two-and-a-half years to bring to market and an investment of “millions of dollars,” Ciardelli said, though he declined to provide a specific figure. The result would be a win-win for the business and for customers, he said.

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Loan Officers Mortgage Technology Realtors 414

Housing Wire

AUGUST 17, 2023

InstaLend is a tech-enabled real estate loan lender that provides capital to residential developers through streamlined technology and automated workflow, according to its website. 5000 – is a mortgage broker and partners with other lenders to generate leads for VA, FHA, purchase, refi and personal loans.

Loan Officers 370

Loan Officers Mortgage Development Lending 370

Housing Wire

MARCH 28, 2024

It’s amazing how many loan officers miss this, don’t return the call quickly, and lose their race before it’s even underway. Build the right team Given the new technologies and expert outsourcing options available to lenders today, staffing up to handle new business doesn’t make as much sense as it did in the past.

Mortgage 457

Mortgage Technology Tools Business 457

Housing Wire

SEPTEMBER 8, 2022

People who invest in technology often ask the question: is this a “nice to have,” or a “need to have?” Few have the resources to invest in technologies they don’t need. What’s the worst that can happen if we don’t invest in this technology?”. Mike is an experienced mortgage loan officer.

Business 424

Business Marketing Technology Tools 424

Housing Wire

MAY 23, 2022

According to Worker Adjustment and Retraining Notification (WARN) notices submitted to the Employment Development Department (EDD) on April 28 and May 9, the company plans to cut 207 jobs in two rounds on June 27 and July 8, in letters to the EDD reviewed by HousingWire. The company announced it was investing $3.9 in the first quarter.

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Loan Officers Human Resources Mortgage Business 393

Housing Wire

FEBRUARY 16, 2024

We recognize that loan officers have a choice, and when they choose to join a company on their own, it just seems to work better. RA: We joke that we’re kind of control freaks and feel we have invested in the right things. SW: How does this acquisition fit in with New American Funding’s overall strategy?

Loan Officers 414

Loan Officers Retail Clients Real Estate Agent 414

Housing Wire

MARCH 8, 2021

Despite the increased pace, the industry as a whole still has room for continued tech development and usage. HousingWire sat down with Renata Sheyner, vice president of product at CreditXpert, to learn more about key technologies that lenders need to give more attention to. This is where technology demonstrates its value.

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Technology Lending Loan Officers Development 411

Housing Wire

JANUARY 5, 2021

The Utah-based software developer offers a private-label digital mortgage platform and mobile app designed to connect lenders with borrowers and real estate agents. Tuesday’s most recent round of funding was led by Insight Venture Partners , who had in 2018 invested $20 million into SimpleNexus, and is no stranger to housing startups.

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Architecture Real Estate Agent Loan Officers Real Estate 393

Housing Wire

MARCH 7, 2024

Given enough capital, you can build a lot of technology. We’ve been investing heavily in AI for years — we have more than 10 patents on data extraction from public record data. I spent 15 years at the intersection of some large company technology organizations. The second is prioritization of investment and resources.

Real Estate 423

Real Estate Investing Human Resources Technology 423

Housing Wire

NOVEMBER 9, 2023

HousingWire Editor in Chief Sarah Wheeler sat down with Rick Arvielo, co-founder and CEO of New American Funding (NAF), to talk about AI, why he chose to start NAF Technology India and how to keep NAF innovative. Sarah Wheeler: New American Funding is known for building rather than buying technology. Are you still in that mode?

Technology 414

Technology Development Contracts Investing 414

Housing Wire

MAY 2, 2022

issued pink slips to over 350 non-commissioned loan officers, a workforce reduction that former workers claimed to represent more than half of Interfirst’s entire staff. The company’s job cuts include human resources, technology, talent acquisition, and executive assistant positions.

Human Resources 382

Human Resources Loan Officers Retail Training 382

Housing Wire

AUGUST 1, 2023

The Detroit-based lender’s unmatched combination of name recognition, digital infrastructure and consumer technology enabled it to originate more than $670 billion in mortgages in 2020 and 2021, smashing records in the process. Its parent Rocket Companies rode the wave to a stunning $9.4 billion in profit in 2020 and $6.1 billion in 2021.

Loan Officers 370

Loan Officers Retail Real Estate Agent Real Estate 370

Housing Wire

MARCH 30, 2022

The title insurance space isn’t generally known for placing outsized bets on technology. But for First American, its shrewd investments in rising proptech companies are a core business strategy. In addition, He will continue to serve as the managing director of the company’s venture investing arm. As of Sept.

Mortgage 370

Mortgage Real Estate Investing Technology 370

Housing Wire

JUNE 30, 2021

By writing and maintaining all of the code along with investing heavily in putting together a world class modern IT infrastructure that efficiently leverages a mix of modern technologies like the public cloud and API based software architectures, UWM has been able to turn on a dime and stay well ahead of shifts in the market utilizing technology.

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Tools Training Technology Clients 302

Housing Wire

MARCH 29, 2024

Anna Frankowska was recognized in 2017 as one of Forbes’ “ 30 Under 30 ” in Europe, having studied economics in London before moving to work in investment banking. But she quickly realized it is facing real challenges, and she began asking why it has not grown and developed to a place it could be. “I

Mortgage 450

Mortgage Finance Insurance Tools 450

Housing Wire

FEBRUARY 28, 2022

For Pennymac, the rebrand is more than a name change – it signals a deeper commitment to its wholesale partners and investment in the wholesale channel. We are invested in their success,” Nichols said. The next generation technology is a culmination of extensive work with its partners, vendors, service providers (i.e.,

Technology 393

Technology Clients Business Investing 393

Housing Wire

DECEMBER 1, 2020

Within four years, Akinmade and his team have built a robust, automated marketing platform, which is driven by investment in technology, to give retail loan officers a competitive edge.

Loan Officers 234

Loan Officers Retail Training Design 234

Housing Wire

OCTOBER 5, 2023

As the housing market suffers through a drought of home sales and related mortgage originations in the current high-rate environment, home prices and home equity continue to climb, helping to spark a revival of another sector — home equity lending and investment. billion, according to a review of bond-rating and industry reports.

Housing Market 414

Housing Market Marketing Contracts Finance 414

Housing Wire

DECEMBER 16, 2021

In November, Interfirst issued pink slips to hundreds of non-commissioned loan officers at its call centers in Charlotte, North Carolina and Rosemont, Illinois, according to WARN notices in both states. billion in mortgages between June 2020 and June 2021 and was actively recruiting new loan officers and support staff.

Mortgage 370

Mortgage Loan Officers Retail Training 370

Housing Wire

AUGUST 12, 2020

Fintech-focused Canapi Ventures led the investment, which brings Blend’s total venture raised to $365 million since its 2012 inception. This morning, Blend President Tim Mayopoulos (and former CEO of Fannie Mae ) told me that Blend didn’t necessarily “need” the funding but saw the value in accelerating its product development plans.

Investing 488

Investing Loan Officers Technology Development 488

Housing Wire

OCTOBER 15, 2020

And it’s because of the software, because of the technology. Quicken Loans , see how big they are? I think it’s all because of the technology. It’s part of his business thesis – investing in upwardly mobile communities where homeownership is a cultural value. How much volume they can push through so quickly?

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Brokerage Mortgage Technology Development 404

Housing Wire

MARCH 1, 2022

News just broke that private equity investor LLR Partners announced strategic investments in two mortgage technology companies — Mortgage Coach and Sales Boomerang ( click here for article ). LLR is not a newcomer to mortgage technology or the overall fintech market. In 2016 LLR led a $26.5 No surprise here.

Real Estate 382

Real Estate Brokerage Real Estate Agent Technology 382

Housing Wire

MAY 3, 2022

Surging house prices have made home equity products an obvious choice for lenders to invest in, given the value of homes used as collateral for such loans are rising. ” Prospective borrowers can talk to a licensed loan officer if they prefer during the approval process, however.

Renovations 393

Renovations Loan Officers Technology Mortgage 393

Housing Wire

JANUARY 14, 2022

HomeSmart, like Compass , Keller Williams , eXp and other brokerages, states it has unique technology to modernize real estate. investment bank in Los Angeles. Messages left with HomeSmart were not returned. “He That’s probably not the best practice.”.

Brokerage 414

Brokerage Agents Real Estate Loan Officers 414

Housing Wire

JUNE 6, 2022

As of May 27, Iowa Workforce Development lists 49 layoffs at the Wells Fargo campuses in Des Moines and 34 employee reductions in West Des Moine. Layoffs included 17 associate loan servicing representatives and eight loan servicing representatives as well as senior operations processors and senior loan servicing representatives.

Mortgage 414

Mortgage Loan Officers Lending Human Resources 414

Housing Wire

APRIL 14, 2022

A seasoned retail and commercial banking salesman in Fort Wayne, Indiana, the 39-year-old Woodward joined Interfirst Mortgage as a loan officer in October 2020 after a recommendation from an old college friend. But Woodward struggled to originate purchase loans. “I Without that being built, I was starting from scratch.

Mortgage 519

Mortgage Marketing Retail Lending 519

Housing Wire

JANUARY 22, 2024

He has more than 25 years of mortgage technology and enterprise software experience with his latest stint being chief product officer at Accela , a government tech provider. Prior to Accela, Coggiola spent 12 years leading product and technology initiatives at ICE Mortgage Technology , which was then Ellie Mae Inc.

Technology 413

Technology Mortgage Loan Officers Clients 413

Housing Wire

DECEMBER 27, 2023

The company hopes to reach its goal by growing organically with more loan officers under a dozen business development managers. “We’ve got a great capital base, so we have the opportunity to invest. Now under pressure in a shrinking market, they see their top loan officers transition to other competitors.

Mortgage 414

Mortgage Retail Lending Sellers 414

Housing Wire

OCTOBER 27, 2020

HousingWire recently spoke with Susan Falsetti, managing director of Origination Title and Close at ServiceLink, about the state of title in 2020 and how the EXOS technology platform allowed ServiceLink clients to take advantage of virtual closing solutions. This technology became essential amid social distancing guidelines.

Clients 393

Clients Technology Insurance Loan Officers 393

Housing Wire

NOVEMBER 29, 2021

He added that large issuers, such as big investment banks, “have a dedicated desk at their TPR firm [via contract], and they will sit there and wait for the loans, but they will not put anyone in front of them.”. “It depends on who you are,” Mayhew explained.

Loan Officers 457

Loan Officers Supply Chain Mortgage Marketing 457

Housing Wire

MAY 9, 2024

Rocket Companies , the parent company of Rocket Mortgage , hired its first chief technology officer this week, bringing former Thomson Reuters and Intel executive Shawn Malhotra into the fold. The hire is Rocket’s latest move to bolster its already robust investment in artificial intelligence.

Clients 381

Clients Technology Tools Loan Officers 381

Housing Wire

OCTOBER 6, 2020

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. With the advances we’re seeing in Artificial Intelligence, Machine Learning and Robotic Process Automation, we have become experts at configuring our technology to meet the changing needs of lenders.

Technology 442

Technology Mortgage Investing Investors 442

Housing Wire

SEPTEMBER 21, 2023

HousingWire Editor in Chief Sarah Wheeler sat down with Jimmy Kelly, president and CEO of Lone Wolf Technologies , to discuss the company’s development process and his vision for a connected real estate platform. That is a lot of technology and a lot of wasted effort. This interview has been edited for length and clarity.

Technology 404

Technology Real Estate Agents Design 404

Housing Wire

SEPTEMBER 15, 2020

In July, DocuSign acquired Austin-based startup Liveoak Technologies for $38 million in an all-stock transaction. Virginia became the first state to authorize remote notarization via live audio-video technology in 2011 with the passage of House Bill 2318/Senate Bill 827.

Business 483

Business Law Real Estate Investors 483

Housing Wire

JANUARY 4, 2024

But for a technology executive, coming in at a time like that is where you get to pull back and calibrate with the executive team on what’s really important. As a 14-year-old company, there’s a lot of technology and it was a great opportunity for me to come in and look at the foundational technologies the company was built on.

Technology 414

Technology Loan Officers Modernization Development 414

Housing Wire

MAY 6, 2024

Largely hidden from view and misperceived by some to be on the lower end of the hierarchy of service providers, the position seemingly lacked the luster of the real estate agent or the panache of the loan officer. Technological connectivity The new generation of buyers is going all in on technology.

Real Estate Agent 407

Real Estate Agent Real Estate Project Management Agents 407

Housing Wire

SEPTEMBER 27, 2021

Exponentially increase your loan officers’ origination potential without incurring additional expense? Examiners such as the CFPB and FDIC provide stringent oversight of digital activity, and mistakes can cost you and your loan officers dearly. Sounds too good to be true, doesn’t it?

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Loan Officers Training Development Technology 370