Housing Wire

FEBRUARY 22, 2022

Though regulators have the power to ding lenders for violating fair lending law, none of the agencies can give a special purpose credit program their blessing. Though regulators have the power to ding lenders for violating fair lending law, none of the agencies can give a special purpose credit program their blessing.

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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.

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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?

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Mortgage Retail Lending Loan Officers 363

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.

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Mortgage Technology Tools Business 437

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. . With non-QM, the scenarios are just everywhere, and it requires an expertise and a skill set that takes years to learn.

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Lending Technology Government Investors 349

Housing Wire

DECEMBER 24, 2021

Last week’s announcement from the Department of Housing and Urban Development cleared the way for lenders to adopt targeted lending programs, but so far, they are treading carefully. The pieces are coming together,” said Bob Broeksmit, president of the Mortgage Bankers Association. It has the potential to make a huge impact.”.

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Lending Finance Development Law 380

Housing Wire

SEPTEMBER 5, 2023

Intercontinental Exchange (ICE) completed its acquisition of Black Knight Tuesday, making the combined company the biggest player in the mortgage tech space. I sat down with Tim Bowler, president of ICE Mortgage Technology, a business unit of ICE, to talk about the company’s mortgage automation strategy — and what keeps him up at night.

Technology 367

Technology Mortgage Tools Insurance 367

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. A super useful tool, given the tech can trigger additional steps if needed in what would typically be a paper-leaden trail.

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Lending Development Training Mortgage 316

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 Marketing Radio.

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Loan Officers Mortgage Lending Modernization 407

Housing Wire

JUNE 30, 2021

The wholesale channel will continue to grow as more retail originators and borrowers learn the benefits of working with a mortgage broker. United Wholesale Mortgage (UWM) is solely focused on growing the wholesale channel and helping independent brokers thrive. “At Blink+ is a white-label, borrower-facing digital application tool.

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Tools Training Technology Clients 304

Housing Wire

APRIL 23, 2024

New York-based multichannel lender US Mortgage Corporation previously announced that it was renewing its efforts in the reverse mortgage industry, having hired industry veteran Ken Krajewski to serve as managing director and head of reverse mortgage lending. Proprietary product offerings are on the table as well.

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Mortgage Loan Officers Investors Business 333

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. Its new tools also allow lenders to cut costs in a higher-rate environment. homeowners and industry stakeholders.”.

Mortgage 316

Mortgage Tools Clients Development 316

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 416

Technology Lending Government Legal 416

Housing Wire

OCTOBER 18, 2023

Department of Housing and Urban Development (HUD), Julia Gordon. The commissioner also discussed the rise in mortgage loan assumptions. Gordon said she believes the COVID-19 loss mitigation efforts were “successful,” but many tools are not as effective in today’s rate environment. 14-17 in Philadelphia. .”

Mortgage 397

Mortgage Government Insurance Tools 397

Housing Wire

JANUARY 23, 2024

With the acquisition , Consolidated Analytics expands its valuation solutions, offering clients tools — from data and analytics to appraisals — to predict market value and access a more comprehensive selection of collateral assessment products, the company said. Financial services firm Consolidated Analytics acquired Real Info, Inc. —

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Valuation Market Value Clients Government 427

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. The Origence Mortgage Platform is an end-to-end lending platform that puts the power of modern technology in lenders’ hands, enabling them to close more loans, faster.

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Lending Modernization Mortgage Technology 196

Housing Wire

MAY 23, 2022

Full-service lender Cherry Creek Mortgage announced Rick Hogle has joined the company as its chief revenue officer. In his new role, Hogle will manage the firm’s retail operations, overseeing growth and development of retail sales and the production network, while supporting the firm’s business channels.

Mortgage 381

Mortgage Retail Insurance Development 381

Housing Wire

AUGUST 31, 2020

Indecomm approaches automation by looking at practical applications for the technology across the entire mortgage lifecycle, using a framework called the automation continuum for mortgages. State of Mortgage Automation. Indecomm’s Automation Continuum. That is where supervised automation comes in.”.

Lending 407

Lending Technology Tools Training 407

Housing Wire

JUNE 29, 2023

This integration aims to deliver an enhanced customer experience for mortgage borrowers while streamlining the closing process. “The integration of Total eClose into MortgagebotLOS offers new tools to enhance the customer experience. Finastra is a global provider of financial software applications and marketplaces.

Lending 337

Lending Tools Retail Clients 337

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 456

Technology Landlords Valuation Lending 456

Housing Wire

MAY 24, 2022

A Fannie Mae survey published in mid-May found that mortgage lenders see value in appraisal modernization, specifically in the implementation of non-traditional appraisals and inspection-based appraisal waivers. Currently, the appraisal process is the biggest issue facing the mortgage industry,” the mid-sized lender said. “It

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Modernization Appraisal Lending Investing 481

Housing Wire

DECEMBER 7, 2023

While the conservatorship has allowed for the mortgage market to be restored to its pre-crisis state and strengthened these two government-sponsored entities (GSEs), there are significant downsides to maintaining the status quo indefinitely. This has also subjected homeowners and lenders to the whiplash of periodic policy changes.

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Tools Development Mortgage Law 538

Housing Wire

SEPTEMBER 29, 2020

As the Fed pulls out all the stops to stimulate economic activity, mortgage rates have reached record lows. This sounds like great news for lenders, for whom millions of newly refi-eligible mortgages means a lot of new business coming in. But brand recognition doesn’t develop overnight. Tip #3: Start marketing now.

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Lending Loan Officers Business Investors 418

Housing Wire

SEPTEMBER 1, 2021

CU Direct ’s Origence , which provides mortgage loan tech to lenders, has laid off nearly three dozen workers. Over the last three years, we have accelerated our investment in the development of account and loan origination software,” said Child. In 2019, Origence launched its “end-to-end” mortgage lending platform.

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Lending Technology Investing Design 364

Housing Wire

FEBRUARY 27, 2024

But before diving back in headfirst, it would be worthwhile for lenders to think through what the last two years of scarcity reveal about the normal working model of an independent mortgage bank (IMB). Last year, Floify commissioned an independent study of 150 high-performing loan originators (LOs) to gain recruiting and retention insights.

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Finance Clients Technology Business 407

Housing Wire

JUNE 10, 2022

Lenders and mortgage tech companies have been cutting costs in the down market , but some firms have hired new executives who they hope will provide better strategies to navigate the shrinking loan origination market. Chris Erickson, vice president of product and strategy at Motto Mortgage and wemlo.

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Marketing Real Estate Agent Lending Real Estate 390

Housing Wire

NOVEMBER 2, 2022

The National Association of Mortgage Brokers ( NAMB ), a trade association representing mortgage professionals and homebuyers since its establishment in 1973, announced its agenda for 2023 at it NAMB National conference. How lenders can break through a siloed mortgage ecosystem. the newly appointed board president of NAMB.

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Tools Mortgage Lending Technology 383

Housing Wire

AUGUST 17, 2021

For better or worse, trends in the mortgage industry tend to mirror corresponding trends in the overall real estate market. When COVID forced the real estate industry to get digital, gasoline was thrown on the same trend within mortgage lending. Eric Levin is EVP of Client Development at Model Match. Push for tech.

Mortgage 509

Mortgage Inventory Real Estate Technology 509

Housing Wire

NOVEMBER 8, 2021

While the total number of reverse mortgage industry professionals present at HW Annual in Frisco, Tex. Kathryn Amor, chief product officer at Finance of America Companies, spoke during the event’s mortgage purchase market panel about what Finance of America Reverse (FAR) beings to the table for the larger parent company.

Finance 337

Finance Mortgage Lending Development 337

Housing Wire

DECEMBER 21, 2021

Higher inflation, post-pandemic economic recovery and a reduction in Federal Reserve stimulus incentives are key economic factors expected to put upward pressure on interest rates as we move into 2022 — increasing the already stiff competition among mortgage lenders. Shrinking market ahead. trillion next year, and $2.53 trillion in 2023.

Mortgage 374

Mortgage Tools Lending Development 374

Housing Wire

MAY 24, 2021

Our first goal was to make mortgage lending easier and more accessible, but we’ve been intentional in recognizing that our technology can be used to facilitate so much more, including commercial lending, servicing, foreclosure and more,” Ligris said. Presented by: Sagent Lending Technologies.

Technology 388

Technology Lending Investors Modernization 388

Housing Wire

APRIL 26, 2022

A rising player in the world of crypto-mortgages and blockchain-enabled financing, LoanSnap, plans expand its reach in the market by opening its lending platform to licensed mortgage brokers across the country in the near future. It’s an open platform. We’re not huge, but we’re not small either.”.

Mortgage 445

Mortgage Technology Investing Investors 445

Housing Wire

JANUARY 27, 2021

Digital mortgage platform Roostify announced on Tuesday it has raised another $32 million in a Series C funding round amid a booming real estate market, bringing the tech startup’s total capital to $65 million. And software and platform developers Qualia and Blend both achieved unicorn status by the end of the year. “I

Lending 354

Lending Technology Loan Officers Investors 354

Housing Wire

MARCH 23, 2022

Seeking business growth in the current rising rate environment, originators are contemplating the benefits of adding reverse mortgages to their product mix. With mortgage interest rates steadily on the rise and refinance volume dropping, originators should immediately consider tapping into products that are less interest rate sensitive.

Mortgage 374

Mortgage Clients Business Training 374

Housing Wire

MAY 17, 2022

Private equity firm Narrow Gauge Capital (NGC) acquired Inco-Check, LLC , a provider of quality control audit mortgage software and fraud prevention services. With NGC’s acquisition of Inco-Check, the company aims to enhance loan quality and prevent fraud in a competitive mortgage and consumer lending market, Inco-Check said.

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Logistics Legal Investors Technology 331

Housing Wire

JUNE 15, 2023

My college basketball career at Dartmouth College — and later during a professional stint overseas — played a significant role in developing the leadership skills I utilize every day. You develop stronger relationships with your teammates and coaches when they know that you are genuine and real.

Client Relationships 359

Client Relationships Development Clients Tools 359

Housing Wire

JANUARY 4, 2024

While home equity can certainly be a beneficial tool for some seniors to deploy, it will not always be a definitive answer for every senior’s needs. Reverse mortgage companies have also invested in their own home modification programs. “But what constitutes an emergency? Over the past couple of years, the U.S.

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