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. HousingWire: What are the unique complexities of non-QM lending as compared to QM loans? This leads to a better overall experience for the customer.

Lending 404

Lending Technology Development Business 404

Housing Wire

JANUARY 9, 2024

Home-equity lending overall found its wings in 2023 as a number of independent mortgage banks ramped up product lines over the course of the year — despite a bump in the road in the third quarter when mortgage rates surged past 7%. Market indicators so far appear tentatively promising. from $490 billion in the second quarter.

Lending 466

Lending Inventory Mortgage Finance 466

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 382

Lending Mortgage Technology Business 382

Housing Wire

MAY 2, 2024

loan officer Timothy Potempa has departed Dallas-based multichannel lender OneTrust Home Loans to join E Mortgage Capital , bringing his team of about 40 people and more than $300 million in annual production to the company headquartered in California. 7 loan officer in the country last year with a mortgage production volume of $326.5

Loan Officers 421

Loan Officers Mortgage Retail Lending 421

Housing Wire

APRIL 24, 2024

Figure Technology Solutions , the parent company of Figure Lending LLC , named Michael Tannenbaum as its new CEO, the company announced on Tuesday. Tannenbaum boasts more than 15 years of experience in financial technology and financial services. Tannenbaum will also be a member of the board of directors.

Technology 439

Technology Lending Design Finance 439

Housing Wire

MARCH 15, 2021

What happens when borrowers can’t or won’t walk into a lending branch? HousingWire recently sat down with Insellerate CEO Josh Friend to discuss that very question and what strategies retail lenders should look to adopt from direct-to-consumer lending. Record low-interest rates have driven U.S. According to the J.D. Power 2020 U.S.

Lending 397

Lending Retail Mortgage Loan Officers 397

Appraisal Buzz

MAY 7, 2024

Steven Winokur has joined Carrington Mortgage Services as vice president, marketing, third-party origination. Previously, he was with non-QM lender Angel Oak Lending, where he served as chief marketing officer. Winokur has established a reputation as a non-QM virtuoso.

Marketing 195

Marketing Mortgage Lending Development 195

Housing Wire

FEBRUARY 2, 2024

The Federal Housing Administration (FHA) on Friday announced that it has published a new final rule that eliminates a current requirement for lenders to register the branch offices where they conduct FHA Title I or Title II mortgage loan originations. The rule, originally proposed in March 2023 , takes into consideration stakeholder comments.

Mortgage 441

Mortgage Finance Insurance Lending 441

Housing Wire

APRIL 25, 2024

Photo credit: AJ Canaria Reverse mortgages became an unexpectedly prominent topic during certain parts of The Gathering by HousingWire , held earlier this week in Scottsdale, Arizona. Reverse mortgages for purchase are taking up more conversation on the reverse side of the business recently.

Mortgage 412

Mortgage Finance Real Estate Best Value 412

Housing Wire

MARCH 12, 2024

Wells Fargo -backed mortgage fintech Maxwell rolled out a point-of-sale (POS) feature that offers tailored workflows and integrations. The Blueprint Builder features more than 60 third-party integrations, allowing lending teams to connect with other pieces of their workflow, from credit and verifications to pricing and disclosures.

Technology 421

Technology Retail Lending Design 421

Housing Wire

MARCH 23, 2021

Wherever there is commerce, there will be fraud, and the mortgage industry is no exception. The full extent of fraud in the mortgage industry may be impossible to fully quantify, but the 2020 True Cost of Fraud study by LexisNexis Risk Solutions estimated that the cost of fraud has risen 7.3% across U.S. Data-driven analysis.

Lending 450

Lending Mortgage Sellers Technology 450

Housing Wire

MARCH 17, 2023

Candor Technology Inc. , a mortgage artificial intelligence firm focused on automated mortgage underwriting decisions, has conducted layoffs as lenders rush to cut costs. With various headwinds working against the mortgage industry, Candor is in a position of optimizing personnel levels, Showalter explained.

Mortgage 370

Mortgage Clients Technology Development 370

Housing Wire

DECEMBER 14, 2021

The non-QM mortgage market, which encompasses most home loans not backed by a government-sponsored guarantee, is expected to reach the $25 billion mark this year in private-label securitization volume. . Could someone one day come up with the right technologies [for automating underwriting of] non-QM?

Lending 384

Lending Technology Government Investors 384

Housing Wire

MARCH 28, 2024

A race is a useful analog for the mortgage business, especially as it relates to the refinance business. Anticipating the start of the refi race When mortgage rates finally rose above their historically low levels, the mortgage refinance business started to dry up. In our business, that’s the refinance transaction.

Mortgage 466

Mortgage Technology Tools Business 466

Housing Wire

MAY 23, 2023

It’s a problem, it’s real, it’s documentable,” said Shannon Johnson, Touchless Lending product manager at Tavant. Tara Dugan, who works in marketing and real estate for Tavant, said that technology should focus on integrations and aggregations. To learn more about Tavant’s Touchless Lending platform, click here.

Technology 384

Technology Appraisal Lending Valuation 384

Housing Wire

JUNE 5, 2023

HousingWire recently spoke with Desmond Smith , chief growth officer at United Wholesale Mortgage , about the role that wholesale lending plays in the mortgage ecosystem and common myths and misconceptions about becoming an independent mortgage broker. HW: How has wholesale changed over the past 2–3 years?

Mortgage 370

Mortgage Retail Lending Loan Officers 370

Housing Wire

OCTOBER 30, 2020

Once he takes over as CEO, Floyd said he intends to use his role to help further the adoption of new technology in the title industry. Mortgage Contracting Services , a national provider of residential and commercial property services, hired Jason Myers as vice president of business development.

Lending 384

Lending Clients Real Estate Development 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 466

Technology Lending Government Legal 466

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 post Roostify launches first of many AI-powered APIs on home lending platform appeared first on HousingWire.

Lending 394

Lending Development Training Mortgage 394

Housing Wire

FEBRUARY 2, 2022

ConsumerDirect Mortgage rebranded itself to Real Genius and announced the launch of a modern mortgage application platform to simplify a borrower’s experience. Additionally, the lender promises borrowers a “personalized approach” and “access to veteran mortgage professionals.”. Learn here! Presented by: Maxwell.

Mortgage 370

Mortgage Technology Lending Modernization 370

Housing Wire

SEPTEMBER 1, 2023

Through the development of improved and sophisticated systems, protocols and technology, these operations leaders are driving their companies to growth and success. In its 8th year, the HW Insiders program is spotlighting the talented operations professionals who are laying the foundation of success for their organizations.

Technology 450

Technology Development Real Estate Realty 450

Housing Wire

JUNE 24, 2022

Texas lender Mid America Mortgage rebranded as Click n’ Close to expand into the mortgage technology industry following the sale of the majority of its retail lending operations. The post Mid America Mortgage rebrands to Click n’ Close appeared first on HousingWire.

Mortgage 396

Mortgage Retail Technology Lending 396

Housing Wire

AUGUST 14, 2020

A former Quicken Loans executive, Booth has over 15 years of experience working in state and federal government bodies, focusing on transforming the mortgage industry through technology. Planet Home Lending has promoted four people to vice president positions, supporting the company’s continual growth.

Lending 385

Lending Retail Development Realty 385

Housing Wire

AUGUST 7, 2020

Patricia Suazo has joined FundingShield as its vice president of technology operations and integrations. Suazo has over 15 years of leadership experience in the mortgage lending space with firms including Stearns Lending , Bank of America , Carrington Holding Company and CloudVirga.

Technology 358

Technology Law Lending Legal 358

Housing Wire

JULY 11, 2022

Mortgage consulting firm LendArch has hired Karthik Kumar, the former global mortgage practice head at Tata Consultancy Services (TCS). He then spent 18 years at TCS, where he focused on solution architecture, operational delivery and entity transformation for most of the top-40 mortgage lenders and the largest vendors.

Mortgage 370

Mortgage Architecture Technology Clients 370

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. Bank Home Mortgage. But it’s a challenge.

Mortgage 410

Mortgage Technology Development Finance 410

Housing Wire

OCTOBER 4, 2023

Lenders that adopt artificial intelligence (AI) or machine learning (ML) into the mortgage lending landscape want to see operational efficiency, Fannie Mae ’s mortgage lender sentiment survey showed. A total of 242 senior executives from 219 lending institutions completed the survey between Aug.

Technology 410

Technology Lending Valuation Mortgage 410

Housing Wire

SEPTEMBER 16, 2022

Looking for a quick and easy way to stay up-to-date on mortgage lending news, trends and technology? Podcasts are a great resource for mortgage professionals to continue learning, with shows covering industry updates, business advice and the experiences of other pros in the mortgage industry. Mortgage Connects.

Loan Officers 410

Loan Officers Mortgage Lending Modernization 410

Housing Wire

AUGUST 17, 2023

Reflecting the housing industry’s headwinds, just 16 mortgage lenders and brokers made the annual list of Inc. It’s a sharp decline from 2022, when nearly 70 mortgage lenders and brokers were named. The top mortgage lender on the Inc. Zap Mortgage (no.294) Zap Mortgage (no.294) Trius Lending Partners (no.678),

Loan Officers 370

Loan Officers Mortgage Development Lending 370

Housing Wire

JANUARY 12, 2023

Black Knight recently launched a web portal that enables clients, third-party providers and their developers to access the company’s application programming interfaces (APIs) across the mortgage life cycle. Black Knight is preparing to be acquired by ICE, the other mortgage tech giant in the data space.

Mortgage 383

Mortgage Tools Clients Development 383

Housing Wire

APRIL 20, 2021

This general alignment matters a great deal as the FHFA, through their oversight of the GSEs, who have the vast majority of the market share, plays a key role in the conforming lending market being the de facto regulator. These entities make many other comments about technology, workforce options, modernization and the need for change.

Technology 397

Technology Appraisal Valuation Lending 397

Housing Wire

SEPTEMBER 30, 2020

Technology has made many aspects of day-to-day life more seamless than ever, with instant, easy and personalized consumer experiences; however, lending is still difficult. In return, borrowers have a lending experience that is streamlined and more personalized.

Lending 221

Lending Modernization Mortgage Technology 221

Housing Wire

JANUARY 11, 2021

Wyndham Capital Mortgage appointed Mike Ciambotti as chief information officer, bringing more than 17 years of financial technology experience to the position. Ciambotti joins the company from Wells Fargo where he most recently served as chief technology officer for Home Lending Servicing Technology.

Mortgage 349

Mortgage Technology Lending Development 349

Housing Wire

AUGUST 10, 2021

Fintech lender Figure Technologies is going full force in to the mortgage lending – and now servicing – blockchain revolution. Just one week after its announcement that it would merge with lender Homebridge Financial Services , the company revealed a partnership with loan servicing software developer Sagent.

Mortgage 384

Mortgage Technology Investors Development 384

Housing Wire

DECEMBER 15, 2021

Toronto-based cryptocurrency lending platform Ledn has raised $70 million in a Series B funding round to support the growth of its digital assets lending business, including a new Bitcoin-backed mortgage product. Founded in 2018, Ledn focuses on saving and lending products for Bitcoin and other digital assets.

Mortgage 421

Mortgage Clients Lending Investors 421

Appraisal Buzz

MAY 12, 2021

Mortgage lender Quicken Loans says it will officially change its name to Rocket Mortgage on July 31. “More than 20 years ago, Dan Gilbert, our founder and chairman, had a vision of putting the entire mortgage process online to simplify the lending experience and add more transparency. .

Mortgage 370

Mortgage Lending Technology Development 370

Housing Wire

DECEMBER 27, 2023

Guild Mortgage has an ambitious plan under the leadership of its new CEO, Terry Schmidt. United Wholesale Mortgage , the top lender in the country by volume, claimed just under 8% total market share over the first nine months of 2023. nationally, per Inside Mortgage Finance (IMF) estimates. It won’t be easy. exits and 3.2%

Mortgage 421

Mortgage Retail Lending Sellers 421