Housing Wire

FEBRUARY 14, 2024

Guild Mortgage ’s acquisition of Academy Mortgage Corp. With the acquisition of Academy, Guild will be onboarding nearly 200 branches and 1,000 new employees, about 600 of which are loan officers. But she said there was no “serious talk” about an M&A deal until the end of 2023 amid a depressed mortgage market.

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Retail Mortgage Loan Officers Construction 443

Housing Wire

JANUARY 25, 2024

California-headquartered LoanSnap was hit with a temporary order to cease and desist from Connecticut’s Department of Banking for “systemic” unlicensed mortgage loan origination activity. These individuals also received inbound calls from individuals interested in obtaining mortgage loans, the order stated.

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Loan Officers Mortgage Finance Lending 392

Housing Wire

SEPTEMBER 14, 2023

Most tech CEOs emphasize how their technology empowers, not replaces, humans. But Pavan Agarwal, CEO of Sun West Mortgage Company and the creator of the Angel Ai technology, has a different perspective, which he shares in this interview with HousingWire Editor in Chief Sarah Wheeler. But high value?

Loan Officers 426

Loan Officers Technology Mortgage Training 426

Housing Wire

NOVEMBER 2, 2023

Intercontinental Exchange (ICE) Mortgage Technology reported an adjusted operating income of $131 million in the third quarter of 2023, up from Q3 2022’s $126 million — despite the headwinds the mortgage industry is facing. ICE attributed “an analog to digital conversion occurring in the U.S. from Q3 2022’s $276 million.

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Business Mortgage Technology Real Estate Agent 295

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.

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Loan Officers Real Estate Agent Technology Real Estate 348

Housing Wire

MARCH 30, 2023

New Jersey-based Homebridge Financial Services will lay off 139 employees in June, three months after the acquisition of its retail division by CMG Mortgage, Inc. According to the document, employees will be paid their wages or salaries up to their termination date. mortgage lender by volume last year.

Retail 423

Retail Loan Officers Legal Technology 423

Housing Wire

MAY 4, 2022

LoanSnap has unveiled a cloud-based portal called LoanFLow that will allow licensed brokers and loan officers in the U.S. to originate mortgages anywhere at any time. The company says its new LoanFlow portal will allow originators to close loans in as little as 24 hours and in 15 days on average, the company said.

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Loan Officers Technology Tools Training 344

Housing Wire

FEBRUARY 12, 2024

Amanda Phillips, EVP of Compliance, ACES Quality Management In the current mortgage landscape, ensuring the highest standards of loan quality is paramount not only during the origination process but also over the life of the loan. AP: QC is crucial for lenders to ensure loan quality and mitigate risk.

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Mortgage Technology Inventory Lending 409

Housing Wire

JANUARY 27, 2022

San Francisco-based startup Vesta, which provides a software-as-a-service platform for mortgage loan originators, announced on Thursday that it raised $30 million through a Series A funding round. The new capital will be invested in an “aggressive” hiring plan and technology expansion. The company targets the $2.6

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Mortgage Investors Loan Officers Technology 383

Housing Wire

NOVEMBER 1, 2022

Mortgage tech firms Mortgage Coach and Polly have teamed up on a new application programming interface (API) integration that guides borrowers through a visual representation of their loan options. This will enable borrowers to view accurate, side-by-side home loan comparisons, Mortgage Coach and Sales Boomerang said.

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Mortgage Project Management Insurance Loan Officers 433

Housing Wire

SEPTEMBER 26, 2023

Acra Lending , a private mortgage lender, announced its integration with Tavant ’s Touchless Lending Collateral Analysis. It is also turning Acra’s business into a technology-first one, the statement said. The private mortgage lender will feature the implementation of a non-QM AUS platform soon, the statement noted.

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Lending Technology Design Investors 398

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. Lending institutions included mortgage banks, depository institutions and credit unions.

Technology 406

Technology Lending Valuation Mortgage 406

Housing Wire

MAY 16, 2022

Polly , a software-as-service mortgage technology firm that operates a loan-trading platform, integrated with six mortgage insurance providers to streamline the mortgage process for loan officers and mortgage lenders. .

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Insurance Mortgage Investors Tools 352

Housing Wire

APRIL 14, 2022

Consolidation in the mortgage industry is likely in 2022, analysts and lending executives said. Justin Woodward has experienced the best and the worst of the mortgage industry in only 18 months. “I had not done first mortgage lending before, but I was familiar with the basics of real estate lending.

Mortgage 526

Mortgage Marketing Retail Lending 526

Housing Wire

MARCH 20, 2023

on Monday announced that Frontwave Credit Union will now implement Empower, Black Knight’s cloud-based loan origination system, and its integrated solutions, for the expansion of its mortgage lending operations. It will also cut down on recurring hosting costs by reducing technology-based work. Black Knight, Inc.

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Tools Property Taxes Real Estate Agent Technology 321

Housing Wire

DECEMBER 16, 2021

Interfirst Mortgage , the retail mortgage business he founded in 2001, had grown to $14.5 The lender originated $10 billion in mortgages in 2013, $5 billion in 2014, $3 billion in 2015 and just $2 billion in 2016 before shutting down altogether in 2017. In 2012, Dmitry Godin was seemingly on top of the world.

Mortgage 360

Mortgage Loan Officers Retail Training 360

Housing Wire

MARCH 16, 2022

California-based ICE Mortgage Technology announced this week two enterprise agreements to integrate its eClose solution to Maxwell and Roostify platforms, enabling a more streamlined closing process for lenders and borrowers. Encompass eClose will be part of the mortgage fintech Maxwell’s point-of-sale platform.

Technology 362

Technology Real Estate Agent Loan Officers Lending 362

Housing Wire

JANUARY 13, 2021

As more and more mortgage tech companies enter the scene, competition for accessibility and personalization gained speed this week as proptech touched down in more niche submarkets. The tech will assess the completeness of the loan package when sellers upload required documents and set conditions when information is missing.

Mortgage 298

Mortgage Sellers Technology Real Estate Agent 298

Housing Wire

OCTOBER 24, 2023

It also offers a native mobile application, which gives more flexibility to loan officers. This integration enhances lender capabilities and facilitates document processing and income calculation.

Loan Officers 438

Loan Officers Retail Lending Marketing 438

Housing Wire

MARCH 16, 2022

Tech-fueled retail mortgage lender InstaMortgage has merged with mortgage broker shop All Cal Financial , a rare example of a top-performing brokerage switching channels. As part of the merger, Jim Black, the founder of All Cal, will become chief lending officer of InstaMortgage.

Retail 419

Retail Loan Officers Brokerage Technology 419

Housing Wire

JULY 25, 2022

Pink slips will arrive for 58 employees working in the mortgage business at Texana Bank in California, according to a Worker Adjustment Retraining Notification (WARN) sent to the state’s Employment Development Department. 5, according to the document reviewed by HousingWire. 5, according to the document reviewed by HousingWire.

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Human Resources Loan Officers Construction Mortgage 359

Housing Wire

FEBRUARY 21, 2023

It also holds great promise in attracting a new generation of bright, talented appraisers who may have otherwise not given the mortgage valuations industry a second look. Streamlining operations Once a borrower is approved for a mortgage loan, the process should run like clockwork. This isn’t just a theory.

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Modernization Technology Real Estate Agent Valuation 333

Housing Wire

SEPTEMBER 14, 2020

We have already seen evidence that mortgage servicing is forever changed and purchase money lending will suffer, at least in the short term. Low interest rates have kept refinance loan volumes robust, but no one knows for how long. It’s time for lenders to finally prepare themselves for mortgage lending in a fully digital world.

Lending 483

Lending Mortgage Technology Business 483

Housing Wire

NOVEMBER 23, 2022

The current market downturn for mortgage lenders may be shorter than the previous cycles, mainly due to the recent rounds of workforce layoffs imposed by nonbanks. Nonbanks have more than 60% market share of mortgage industry production — and they are more likely than banks to move quickly to reduce capacity.

Marketing 375

Marketing Loan Officers Business Mortgage 375

Housing Wire

MARCH 15, 2024

David Peskin, formerly from Senior Lending Network and Reverse Mortgage Funding (RMF), has purchased an ownership stake in top 10 reverse mortgage lender HighTechLending (HTL) and will lead the company’s new pursuits alongside co-owner and COO Erika Macias. Peskin spoke to RMD about the move. We’re very excited to work with her.

Loan Officers 407

Loan Officers Business Mortgage Clients 407

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.

Lending 196

Lending Modernization Mortgage Technology 196

Housing Wire

MAY 4, 2022

In a move with ramifications for an untold number of mortgage lenders and service firms, Intercontinental Exchange, Inc. , a software and data company whose mini-empire includes ICE Mortgage Technology , has bought Black Knight. 31, 2021, according to a 10k document filed with the Securities and Exchange Commission (SEC).

Loan Officers 467

Loan Officers Mortgage Lending Technology 467

Housing Wire

MARCH 8, 2021

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. HousingWire: Why do you feel it is important to continually develop and use new technologies? First, mortgage lending is highly volatile.

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Technology Lending Loan Officers Development 371

Clear Capital

JULY 13, 2023

Through this integration, Clear Capital will deliver an improved user experience for mortgage lenders and loan officers ordering products that support appraisal modernization, such as Universal Data Collection (UDC ) , Desktop appraisals and Hybrid appraisals. To learn more about Encompass, visit [link].

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Modernization Technology Appraisal Mortgage 67

Housing Wire

OCTOBER 12, 2021

Purchasing a home is one of the biggest investments most people will make in their entire lives, but the complexity of securing a mortgage can be a grueling and fractured process for first-time homeowners. Digitalization in the home lending industry does not always require companies to entirely invent new technology solutions.

Lending 336

Lending Technology Investing Loan Officers 336

Housing Wire

APRIL 10, 2023

HousingWire recently spoke with Dustin Gray, CEO of Milestones Labs , about the importance of the borrower relationship and how Milestones Labs helps mortgage providers build lasting relationships with their borrowers. Dustin Gray: You don’t have to be an economist to know it’s a challenging time to buy a home or get a loan.

Home Value 440

Home Value Technology Clients Advertising 440

Housing Wire

APRIL 25, 2023

The goal of Asset Analysis is to automate the labor-intensive process of reviewing assets and multiple bank statements during underwriting to determine the likelihood that the borrower will have sufficient funds to cover down payments, closing costs, and reserves for the mortgage transaction.

Lending 339

Lending Loan Officers Mortgage Investors 339

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

Tools 321

Tools Training Technology Clients 321

Housing Wire

FEBRUARY 16, 2022

HousingWire recently sat down with Steve Meirink, executive vice president and general manager, Compliance Solutions, Wolters Kluwer’s Governance, Risk and Compliance Division, to discuss the impact of digital technology on mortgage and the future of digital lending in an era of accelerated innovation and digital transformation.

Lending 363

Lending Technology Tools Loan Officers 363

Housing Wire

SEPTEMBER 15, 2020

The virtual notary services industry has become increasingly popular amid the COVID-19 pandemic as businesses have adopted remote signatures to adhere to social distancing protocols while closing on mortgages and other loans. Consumer loans such as mortgages and other financial documents require notarization.

Business 492

Business Law Real Estate Investors 492

Housing Wire

FEBRUARY 24, 2021

HousingWire: What role has the increase in technology played for both businesses and consumers in the real estate space? Vance Loiselle: In the 20th century, the primary technology innovations in real estate were the telephone and the MLS. HW: What steps in the real estate transaction could benefit from further digitalization?

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Real Estate Agent Real Estate Agents Loan Officers 306

Housing Wire

MAY 12, 2022

Worsening market conditions are only going to accelerate an already hyper-competitive mortgage lending industry that is still learning to adapt to post-pandemic homebuying behaviors. Technology has been the focal point of that evolution more out of necessity than some consensus that homebuyers don’t want to interact with their lenders at all.

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Lending Marketing Technology Contracts 326