Housing Wire

APRIL 22, 2024

CoStar Group intends to support and invest in research and development opportunities to further develop Matterport’s spatial technology , including the application of AI and machine learning to extract information from the 3D spatial data library as well as using generative artificial intelligence to imagine and reimagine physical spaces.”

Development 416

Development Technology Investing Real Estate 416

Housing Wire

APRIL 23, 2024

Scale is an important tool for maintaining investment in people and technology, Schmidt said, and the additional companies that Guild has brought aboard recently reflect its goals for culture and leadership and may have had issues of scale that were solved by joining Guild, she said.

Retail 421

Retail Mortgage Technology Development 421

Housing Wire

MARCH 20, 2024

Figure Lending LLC is now operating under the umbrella of Figure Technology Solutions , independent of CEO Mike Cagney ’s Figure Technologies. Figure Technologies launched a wholesale lending platform in June 2023 that gives loan originators access to the company’s home equity line of credit (HELOC) offering.

Lending 421

Lending Technology Investors Development 421

Housing Wire

FEBRUARY 1, 2024

Shortly after EasyKnock acquired home equity investment platform Balance Homes , the company appointed former Balance Homes co-founders Judd Schoenholtz and Aaron LaRue as chief revenue officer and chief technology officer, respectively. LaRue, meanwhile, will focus on the expansion of EasyKnock’s technology platform.

Technology 410

Technology Development Brokerage Design 410

Housing Wire

FEBRUARY 5, 2021

Multi-year HousingWire Tech100 winner Built Technologies , a construction finance software and construction payment technology company, closed an $88 million Series C funding round. The post Built Technologies closes $88 million Series C funding round appeared first on HousingWire. and Canada. and Canada.

Technology 314

Technology Construction Finance Modernization 314

Housing Wire

OCTOBER 21, 2021

The nation’s network of Federal Home Loan Banks (FHLBanks ) expects to be required to increase its share of investments in affordable housing. According to Bazemore, the Federal Home Loan Bank of San Francisco invested over $1 billion in the affordable housing program since its creation. Catherine Cortez Masto (D-NV) and Rep.

Investing 370

Investing Development Finance Technology 370

Housing Wire

APRIL 9, 2024

It’s supported by Varun Krishna , a veteran in the financial technology world and former executive at Intuit and PayPal , who was appointed as the company’s new CEO in July 2023, replacing Bob Walters. The lender says the technology allows the company to close loans 2.5 Rampell co-founded several fintech firms, including Affirm.

Clients 465

Clients Technology Investing Finance 465

Housing Wire

JULY 10, 2023

CoreLogic developed best-in-class analytics around property and insights, with almost 100% coverage across all the properties in the country. And, the company invested in proprietary customer analytics, allowing them to ingest a lender’s customer’s portfolio and drive augmented information.

Technology 281

Technology Marketing Development Business 281

Housing Wire

JANUARY 10, 2024

In 2021, Pennymac vowed to create 322 jobs in Wake County, North Carolina and invest $4.3 19 letter to the North Carolina Economic Investment Committee and the North Carolina Department of Commerce. The current project location is still operational and occupied by key information technology teams and senior leaders.

Investing 406

Investing Development Tenants Loan Officers 406

Housing Wire

NOVEMBER 15, 2023

Troy, Michigan-based appraisal management company (AMC) Class Valuation announced on Wednesday that it has acquired fellow AMC Valuation Connect , formerly a subsidiary of mortgage technology company Mortgage Connect LP. Terms of the deal were not disclosed.

Valuation 410

Valuation Technology Clients Modernization 410

Inman

DECEMBER 5, 2023

ReAlpha, buoyed largely by the ongoing proliferation of AI in proptech, has acquired a 25-person AI development firm, Naamche, in a cash and equity deal.

Development 172

Development Investing Technology 172

Housing Wire

FEBRUARY 27, 2024

All of this is getting a major boost with the latest round of growth investment from H.I.G. Ananthakrishnan, a 2023 HousingWire Vanguard , also previously worked at Freddie Mac as a senior director of product development. “We It serves clients in the financial services, manufacturing, education, aerospace and technology industries.

Business 424

Business Technology Clients Development 424

Housing Wire

MARCH 6, 2024

For years, customized integrations have been the sign of a healthy tech stack , seamlessly connecting the various technologies used by a particular title agency ( mortgage lender, broker or appraisal management company, for that matter) to deliver optimal performance. In fact, tailored integrations have long been the norm in this regard.

Technology 419

Technology Real Estate Business Architecture 419

Housing Wire

MARCH 28, 2024

The digital lender made changes in its commercial operating model to achieve this goal and will continue to invest in Tinman, its proprietary technology platform. Better has been launching digital products with its proprietary technology, including digital VA loans and a one-day mortgage product. million in full year 2022.

Loan Officers 431

Loan Officers Technology Investing Realtors 431

Housing Wire

APRIL 19, 2022

CEO Christopher Abate outlined the company’s strategy to expand its reach in existing markets while also seeking out strategic investments in new markets. Those new investments include venture capital plays, particularly in the financial-technology arena. To date, RWT Horizons has made 21 investments in 18 companies.

Investing 384

Investing Technology Real Estate Investors 384

Housing Wire

OCTOBER 16, 2023

Generative artificial intelligence (AI) has tremendous potential to cut costs and improve customer experience, but regulation has not caught up to develop a governance program, industry pros said of AI’s implementation in mortgage lending. Have we developed a model that is in fact fair?

Technology 465

Technology Lending Government Legal 465

Appraisal Buzz

MARCH 29, 2024

At Dovenmuehle, we prioritize not only meeting but exceeding the expectations of our clients and borrowers,” says David Allison, senior vice president of business development for Dovenmuehle, in a release.

Technology 195

Technology Clients Investing Investors 195

Housing Wire

APRIL 13, 2022

Despite advances in technology, the mortgage industry still lacks efficiency. Mortgage executives are aware of a problem: despite billions of dollars in technology investments , the mortgage industry still largely looks like it did two decades ago. He added: “We have a tremendous amount of proprietary technology being built.

Mortgage 410

Mortgage Technology Development Finance 410

Housing Wire

MARCH 17, 2022

Figure , a blockchain-focused financial service company and Apollo , a global alternative asset manager, announced today completing a transaction involving the origination of digital mortgage loans and transfer of ownership via blockchain technology, according to a press release shared with FinLedger.

Technology 466

Technology Landlords Valuation Lending 466

Housing Wire

APRIL 30, 2024

We’ve also implemented project management technologies and streamlined processes to improve workflow and turnaround times for loan officer requests, effectively halving the time it takes to fulfill them. Instead, we invest heavily in empowering our loan officers. Unlike other mortgage lenders, we prioritize substance over style.

Loan Officers 421

Loan Officers Technology Modernization Project Management 421

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. “We

Loan Officers 370

Loan Officers Real Estate Agent Technology Real Estate 370

Housing Wire

AUGUST 29, 2023

CoreLogic developed Image Analytics to drive innovation in the appraisal review process and help lenders and mortgage industry professionals analyze property images quickly and accurately. This technology eliminates the need for manual, multi-touchpoint review, which saves time and reduces errors. “The

Valuation Review 410

Valuation Review Valuation Technology Investing 410

Housing Wire

NOVEMBER 11, 2020

Mobile-first title and escrow company, Endpoint , has announced it received an additional investment of $40 million from its parent company, First American Financial Corporation. This investment brings the total funding received to date to $70 million.

Real Estate Agent 397

Real Estate Agent Investing Real Estate Technology 397

Housing Wire

JULY 12, 2023

As lenders strive to maximize the return on investment of today’s technology and gear up for major projects in the latter half of 2023, the presence of a team that can scale according to their needs and ensure efficient service delivery is crucial, according to the company.

Technology 368

Technology Training Clients Development 368

Housing Wire

NOVEMBER 16, 2023

HousingWire Editor in Chief Sarah Wheeler sat down with Jason Bressler , CTO at United Wholesale Mortgage (UWM) to talk about how the lender is developing a smart, innovative IT team by giving them a safety net to fail. Sarah Wheeler: UWM develops all their software in-house. JB: We are wholly invested in AI right now.

Technology 441

Technology Training Development Mortgage 441

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 431

Technology Valuation Mortgage Development 431

Housing Wire

APRIL 25, 2024

They could potentially advise their senior clients about the use of a reverse mortgage to protect against sequence-of-returns risk, where a reverse mortgage line of credit is tapped in times of market volatility until an investment portfolio stabilizes.

Mortgage 399

Mortgage Finance Real Estate Best Value 399

Housing Wire

SEPTEMBER 25, 2023

Better will invest in tech-driven products like One Day Mortgage , a program that will allow customers to apply for a mortgage, get preapproved, lock their rate and receive a mortgage commitment letter within 24 hours.

Insurance 421

Insurance Technology Finance Mortgage 421

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 450

Real Estate Technology Agents Brokerage 450

Housing Wire

OCTOBER 17, 2023

He also often looks to the robust marketplace of technology tools available to help automate the mundane to ensure he stays focused on his skill set: delivering stellar customer service. What changes can you make to your day-to-day business practices, technology stack or marketing plan to help avoid these in the future?

Real Estate 441

Real Estate Brokerage Agents Technology 441

Housing Wire

JANUARY 20, 2023

But unlike downcycles of the past, there are new opportunities for streamlining operations and cutting costs through technology that didn’t exist before. New opportunities for the title industry Title company automation is a mature technology offering and it has been in existence for at least the last two industry downturns.

Technology 410

Technology Tools Investing Contracts 410

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

MARCH 28, 2024

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. Fine-tune your tech stack Once your team is in place, it’s time to empower them with the right technology.

Mortgage 466

Mortgage Technology Tools Business 466

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 420

Technology Development Contracts Investing 420

Housing Wire

MAY 24, 2021

Stavvy, a Boston-based fintech, announced Monday that it landed a $40 million Series A funding round led by Morningside Technology Ventures. COVID19 certainly accelerated development and focus on servicing, coming out of 2019 with record low default and foreclosure.”. Presented by: Sagent Lending Technologies.

Technology 421

Technology Lending Investors Modernization 421

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 431

Real Estate Investing Human Resources Technology 431

Housing Wire

FEBRUARY 2, 2022

Jamie Thornton, director of online mortgage lending at Real Genius, said in a statement that the company has “invested a significant amount of time and resources” into developing technology for customers. Additionally, the lender promises borrowers a “personalized approach” and “access to veteran mortgage professionals.”.

Mortgage 369

Mortgage Technology Lending Modernization 369