Housing Wire

JULY 19, 2022

Fannie Mae and Freddie Mac ’s regulator imagines a future where, perhaps through artificial intelligence and machine learning, errors in mortgages are identified in real time before a loan is closed. billion five years ago, per the Federal Housing Finance Agency — closing a mortgage loan has since gotten more expensive, not less.

Mortgage 364

Mortgage Finance Technology Legal 364

Housing Wire

AUGUST 8, 2023

Mortgage tech firm Lender Toolkit sued two mortgage lenders claiming that the companies failed to make payments while continuing to use its services and software solutions. Lender Toolkit accused Celebrity Home Loans and MLD Mortgage of breach of contract. That’s according to separate filings made in the U.S.

Mortgage 284

Mortgage Contracts Legal Business 284

Housing Wire

MARCH 13, 2023

The Federal Deposit Insurance Corporation (FDIC) has named former Fannie Mae CEO and Blend president Tim Mayopoulos as CEO of Silicon Valley Bank N.A. , Treasury and introducing new technologies to the housing finance system. venture-backed technology and healthcare companies. The bank failed to raise capital to plug a $1.8

Insurance 372

Insurance Government Design Finance 372

Housing Wire

SEPTEMBER 15, 2023

Technologies like encryption help deliver certainty that content has not been tampered with. Validation : Mortgage is a manufacturing process with end products dependent on accurate information. Improving the ability of MERS to verify and transfer ownership required capital, time and technology. What’s next?

Supply Chain 363

Supply Chain Technology Investors Legal 363

Housing Wire

JANUARY 10, 2023

Amid a rapidly shrinking mortgage market, the company reported a loss of $133.98 It resulted from a big decline in mortgage banking, title insurance revenues and an impairment related to the Title365 segment. . million in the third quarter of 2022. He’ll also receive a $1 million signing bonus.

Legal 404

Legal Finance Insurance Mortgage 404

Housing Wire

OCTOBER 23, 2020

Just before its stock debuted at a disappointing $15 a share, Guild Mortgage settled a federal lawsuit that claimed the lender knowingly breached legal requirements when it originated and underwrote FHA loans. Those loans, originated between 2007 and 2011, defaulted and led to claims to the FHA for mortgage insurance.

Mortgage 483

Mortgage Government Retail Lending 483

Housing Wire

MAY 27, 2022

The requirement also applies to mortgage lenders, legal experts say. The CFPB issued a statement to warn creditors that technology being “too complicated” is not an excuse for noncompliance. Presented by: Mortgage Coach. ” How To Increase Production and Help Customers Achieve Wealth Through Homeownership.

Law 414

Law Legal Valuation Government 414

Housing Wire

AUGUST 8, 2022

Cenlar FSB , the nation’s second-largest mortgage servicer and largest sub-servicer, has installed new leadership following the retirement of its president, CEO and chairman Greg Tornquist. Chief Operating Officer Rob Lux was named co-CEO for operations, technology, business development, client management, human resources, and legal.

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Human Resources Legal Finance Insurance 344

Housing Wire

FEBRUARY 4, 2021

“CoreLogic is a mission-critical vendor and data provider across industry sectors in which Stone Point has specialized over the past 20 years, including mortgage, residential real estate and P&C insurance,” said Chuck Davis, CEO of Stone Point Capital. Strategies lenders should adopt from direct to consumer lending.

Legal 431

Legal Investors Lending Finance 431

Housing Wire

OCTOBER 2, 2022

United Wholesale Mortgage (UWM) CEO Mat Ishbia announced three initiatives for brokers at AIME Fuse on Saturday. Brokers now have access to a more streamlined platform that will guide them through the closing process step-by-step with more transparency, smarter technology and increased control.”.

Insurance 301

Insurance Legal Buyers Real Estate 301

Housing Wire

NOVEMBER 9, 2020

One area in the mortgage and real estate industry that has been evolving for nearly two decades is digital closings. E-mortgage volume spikes. During the first six months of 2020, the Federal Housing Finance Agency reported that the volume of e-mortgages purchased by Fannie Mae and Freddie Mac spiked significantly.

Law 433

Law Legal Technology Real Estate 433

Housing Wire

AUGUST 22, 2023

The Mortgage Bankers Association (MBA) and the Consumer Bankers Association (CBA) sent a letter to regulators on Monday warning of the “unintended consequences” of new quality control standards for automated valuation models (AVMs). the trade groups state. Department of the Treasury ; and the Federal Reserve System. .

Valuation 366

Valuation Appraisal Government Real Estate 366

Housing Wire

OCTOBER 12, 2023

As existing-home sales continue to slide and mortgage rates rise ever higher, all but eliminating any hope for refinance transactions, the title insurance industry is doubling down on technology. At the same time, firms overlook the cultural impact the technologies could have, causing us to underestimate their impact on society.

Tools 358

Tools Technology Real Estate Agent Legal 358

Housing Wire

APRIL 19, 2021

Knox automates and oversees a property’s finances and taxes, insurance, leasing and legal, tenant and property care, banking, and bill pay. Knox oversees a portfolio of more than $100 million in investment properties, and was named one of HousingWire’s 2021 Tech100 companies.

Landlords 379

Landlords Investing Tenants Construction 379

Housing Wire

MAY 4, 2021

“And since there’s no limit to the number of documents you can execute through QuickSign, organizations can use it for sales contracts, legal or human resource documents as well.” Across every industry, there has been a COVID catalyzed and dramatic increase and reliance upon and adoption of technology,” Barton said.

Tools 275

Tools Human Resources Technology Real Estate 275

Housing Wire

SEPTEMBER 16, 2021

Kully previously worked at the Department of Housing and Urban Development as a senior attorney, in the legal division at Fannie Mae and as a partner at K&L Gates. Kris Kully: I have been following the trending innovations in the mortgage origination process. Not a bad gig for a starving student!

Finance 335

Finance Legal Development Training 335

Housing Wire

SEPTEMBER 9, 2020

We recognized the potential of the Notarize platform and have worked with their team to tackle the legal and technical barriers to RON,” said Don Casey, president and CEO of Realogy Title Group. Roughly 400 closing and escrow agents use Notarize’s technology through RTG to close digitally; agents in the remaining 13 states use hybrid options.

Insurance 346

Insurance Legal Brokerage Agents 346

Housing Wire

FEBRUARY 9, 2021

Many of them are determined to make an impact in industries that have yet to be significantly modernized by technology. A quick look at the history of real estate technology will tell you that almost everything up and down the transaction chain has been targeted for innovation. Presented by: Motto Mortgage. Very regulated.

Real Estate 464

Real Estate Agents Technology Sellers 464

Housing Wire

JULY 12, 2022

When we started, the idea was to obtain exterior photos as fast as possible, at a time when Uber, Lyft and marketing technology was advancing, and anyone with a smartphone could get exterior photos,” said Tomaszewski, who worked to turn his idea into ProxyPics. A certification lightens the legal liability of bias. Sharp edges.

Appraisal 404

Appraisal Inspection Real Estate Agent Training 404

Housing Wire

SEPTEMBER 15, 2020

This article was written for FinLedger, HW Media’s new fintech focused news brand designed specifically for financial services professionals in banking, payments, insurance and proptech. In July, DocuSign acquired Austin-based startup Liveoak Technologies for $38 million in an all-stock transaction.

Business 467

Business Law Real Estate Investors 467

Housing Wire

SEPTEMBER 30, 2021

Stavvy enables digital transformation by helping organizations navigate complex financial and legal transactions easily and safely, which allows organizations to put customer experience at the forefront. Today, the platform integrates with Encompass by ICE Mortgage Technology, and integrations with other LOS systems are in development.

Real Estate 298

Real Estate Design Lending Agents 298

Housing Wire

MARCH 20, 2024

With the advancements in technology, finding homes online has become easy and straightforward. Many are already shouldering the burdens of high debt-to-income ratios, mortgage insurance premiums, and elevated interest rates to secure a foothold in homeownership. For these buyers, every dollar matters.

Real Estate 471

Real Estate Buyers Agents Sellers 471

Housing Wire

MAY 26, 2023

More often than not, the small firms that become big, or the mid-cap businesses that eventually make a public offering, can explain their growth by using a new technology , business model or even product in a way that not only differentiates them during market turbulence, but positions them for sustainable success when the tide turns.

Business 316

Business Marketing Law Technology 316

Housing Wire

JUNE 11, 2021

During closing, buyers sign several legal documents and pay additional fees, some of which are recurring costs like property tax. Others are one-time closing costs expenses, which may include: loan origination fees, application fee, mortgage broker fee, title insurance, appraisal fees, title search fee and other miscellaneous payments.

Inspection 424

Inspection Appraisal Buyers Appraisal Process 424

Housing Wire

APRIL 5, 2022

But what does virtual real estate mean for real-world mortgage professionals? There is a legal description. In Decentraland or Sandbox, for example, the legal descriptions are individual pixels (essentially code) that define the “parcels.” Is there demand for “mortgages” to buy virtual real estate in the Metaverse?

Real Estate 527

Real Estate Mortgage Property Taxes Law 527

Housing Wire

APRIL 12, 2023

One of the things that has happened as a result of technology is that the velocity of transactions and how they’re often done virtually means literally in minutes money can disappear [via a BEC scam],” he said. said technology exists to help protect against BEC threats, adding that being oblivious to the threat only compounds it. “If

Real Estate 368

Real Estate Government Technology Real Estate Agent 368

McKissock

APRIL 3, 2022

With how quickly the crypto wave is catching on in general, this is a good time for real estate agents to study how crypto technology can potentially be used to benefit your real estate practice before it becomes a new norm — with or without you. Marketplace Platforms. Cutting Out Middlemen. How Buyers Can Use Bitcoin to Buy Real Estate.

Real Estate 73

Real Estate Real Estate Agent Technology Contracts 73

Housing Wire

MARCH 28, 2024

Then, they think about the mortgage : a good rate, good monthly payments, and approval. Yes, the process of orchestrating the collaboration of lenders, appraisers , home inspectors, one or two real estate agents, a title insurance company, and possibly others is complex. Then, they might become hopeful. There is growing hope, however.

HOA 432

HOA Property Management Real Estate Agent Technology 432

Raleigh Realty

FEBRUARY 19, 2022

They should also hold professional liability insurance which will cover you if the surveyor makes a mistake when surveying the property and goes over property lines. Hiring a professional surveyor is the only legally binding method to determine exactly where the property lines fall.

Legal 148

Legal Government Insurance Construction 148

McKissock

MAY 8, 2022

With how quickly the crypto wave is catching on in general, this is a good time for real estate agents to study how crypto technology can potentially be used to benefit your real estate practice before it becomes a new norm — with or without you. Marketplace Platforms. Cutting Out Middlemen. How Buyers Can Use Bitcoin to Buy Real Estate.

Real Estate 52

Real Estate Real Estate Agent Technology Agents 52

Housing Wire

NOVEMBER 22, 2023

The process of orchestrating the collaboration of lenders, appraisers, home inspectors, one or two real estate agents, a title insurance company and possibly others is complex. And the complex legal and regulatory web that can vary from state to state and even city to city doesn’t invite a quick and smooth passage to the closing.

HOA 413

HOA Real Estate Agent Technology Real Estate 413

The Robert Weiler Company

MARCH 29, 2023

Reduce legal concerns. They can also take care of legal matters such as executing and terminating lease agreements, handling security deposits, collecting late rent payment fees, and evictions. Some property managers are more adept than others in using modern technology and keeping their finger on the pulse of the industry.

Property Management 78

Property Management Tenants Real Estate Investors 78

Housing Wire

APRIL 9, 2024

It’s not often that we can draw a parallel between the automobile industry and the mortgage and real estate industries. The mortgage industry has been awaiting its own “Model T” introduction for quite some time. Yes, the world of mortgage and real estate has come a long way in just a few short years. Sound familiar?

HOA 371

HOA Real Estate Technology Investors 371

Housing Wire

SEPTEMBER 2, 2022

Freedom Mortgage. Finance of America Mortgage. Director of Product, Origination Technologies. Enact Mortgage Insurance. AmeriHome Mortgage. VP, Technology. Mortgage Coach. Fairway Independent Mortgage Corporation. Association of Independent Mortgage Experts. Andrew Lloyd.

Retail 334

Retail Realty Finance Technology 334

Housing Wire

MARCH 7, 2022

The NFT representing ownership of an LLC representing ownership of a house is 100% legally meaningless. Blockchain technology is probably best to record ownership interests for intangible assets associated with intellectual property rights,” Moringiello said in an interview. Meanwhile, all parties had another issue to deal with.

Real Estate 470

Real Estate Law Inspection Agents 470

Housing Wire

FEBRUARY 14, 2022

And so, because of that, we had to make our agents independent contractors and terminate their pension plan and health insurance.”. Redfin offers agents a combination of compensation, opportunity, culture, and world-class technology and support that is unmatched in the industry.”. Well-compensated employees (with health care).

Business 368

Business Brokerage Real Estate Agent Agents 368

Housing Wire

MARCH 11, 2022

I’m not quite sure how it works with a mortgage.”. The brilliant sunshine outside the Miami Beach Convention Center was matched by summit attendees who effused that crypto assets and blockchain technology will enter into residential real estate and benefit agents, investors, and tech wheelers-and-dealers alike.

Real Estate 358

Real Estate Real Estate Agent Agents Insurance 358