Housing Wire

MARCH 25, 2021

The Mortgage Collaborative announced today the first investment of its recently launched TMC Emerging Technology Fund LP, or TMC Fund. The venture capital program is funded by a self-selected segment of TMC members to capture opportunities driven by the rapid pace of technological change in the mortgage sector.

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Technology Investing Mortgage Finance 321

Housing Wire

FEBRUARY 14, 2023

Benchmark Administration (IBA) , will take on a new role as president of ICE Mortgage Technology starting on March 1. Bowler will be in charge of ICE’s business segment, which is focused on automating elements of the mortgage industry and delivered a revenue of $1.1 Timothy Bowler, president of Intercontinental Exchange, Inc.

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Technology Mortgage Lending Business 362

Housing Wire

NOVEMBER 29, 2023

Assessing key performance indicators and operations during current industry headwinds is a great way for mortgage lenders to set themselves up for success now and in the future. The LOS should serve as the central hub of the tech stack, allowing lenders to orchestrate their entire business from a single system of record.

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Technology Mortgage Lending Business 370

Housing Wire

APRIL 24, 2024

The rental segment has been marked by strong demand and looks to continue on this trajectory given mortgage rates that continue to hover around 7% and record property prices across many U.S. Real estate investments have long been a key pathway to wealth in the U.S. as compared to the previous year. The strength of the U.S.

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Appraisal Buzz

MAY 14, 2024

Mitch Bledsoe has been promoted to chief technology officer for LERETA , which provides real estate tax and flood services for mortgage servicers. Bledsoe, who joined LERETA in 2022, was previously senior vice president of enterprise technology.

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Technology Modernization Development Design 195

Appraisal Buzz

JUNE 20, 2022

The Mortgage Collaborative ’s TMC Emerging Technology Fund LP recently participated in a follow-on round to a recent $3.5 The Mortgage Collaborative (TMC) is an independent cooperative network serving the mortgage industry. Current leadPops clients leverage tools such as lead funnels, lead-generation websites and.

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Technology Investing Mortgage Tools 195

Housing Wire

OCTOBER 6, 2020

Talk to any mortgage technologist about the future of the industry and two topics will emerge immediately: big data and smarter automation. Joe Camerieri, EVP Mortgage Cadence. Today, while the mortgage industry has the technology to support this, we’re still in the early stages of determining how it should be used.

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Technology Mortgage Investors Investing 441

Housing Wire

JANUARY 11, 2024

Radian Group announced a strategic investment in FinLocker that will closely connect the technology between Radian’s Homegenius platform and FinLocker’s financial fitness and homeownership platform. Clients of FinLocker include loan officers, mortgage lenders, servicers, banks and credit unions.

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Investing Loan Officers Technology Inventory 410

Housing Wire

APRIL 16, 2024

Bellevue, Washington-based real estate investment firm Legacy Group Capital announced this week that it has acquired fintech company Rook Capital , a provider of home equity investment (HEI) products through its “Shared Value Investment” brand. Legacy is privately owned and terms of the deal were not disclosed. “As

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Investing Real Estate Investors Brokerage 391

Housing Wire

FEBRUARY 2, 2023

Intercontinental Exchange (ICE) Mortgage Technology reported operating income of $57 million in 2022, down from last year’s $397 million — a reflection of the headwinds the mortgage industry is facing. The mortgage technology division at ICE posted $249 million in total revenue in the fourth quarter, down 9.8%

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Technology Mortgage Clients Lending 353

Housing Wire

NOVEMBER 30, 2020

The Mortgage Collaborative, an independent cooperative network in the mortgage industry, today announced the launch of TMC Emerging Technology Fund LP, a venture capital program funded by a self-selected segment of TMC members to capture opportunities driven by the rapid pace of technological change in the mortgage sector.

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Technology Mortgage Investing Design 367

Appraisal Buzz

JANUARY 28, 2022

Vesta , a mortgage loan origination system software-as-a-service (SaaS) company, has received a $30 million Series A investment led by Andreessen Horowitz with participation from new investor Zigg Capital.

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Technology Investing Mortgage Investors 195

Housing Wire

APRIL 29, 2024

Intercontinental Exchange (ICE) introduced MSP Digital Experience (MSP DX), a conversational user interface designed to interact with the company’s leading mortgage servicing system, MSP. MSP DX provides servicing professionals with an intuitive, dynamic and conversational approach to working within MSP.

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Mortgage Technology Training Valuation 348

Housing Wire

OCTOBER 5, 2023

HousingWire Editor in Chief Sarah Wheeler sat down with Adam Carmel , founder and CEO at Polly , to talk about the ways technology should be delivering ROI for lenders. Sarah Wheeler: The cost to originate a mortgage is higher than ever, while companies have invested more in technology than ever before.

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Technology Lending Mortgage Business 359

Housing Wire

SEPTEMBER 21, 2023

HousingWire Editor in Chief Sarah Wheeler sat down with Jimmy Kelly, president and CEO of Lone Wolf Technologies , to discuss the company’s development process and his vision for a connected real estate platform. That is a lot of technology and a lot of wasted effort. This interview has been edited for length and clarity.

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Technology Real Estate Agents Design 370

Housing Wire

APRIL 1, 2024

Through a home equity investment, homeowners can receive cash upfront in exchange for a share of the home’s future value. Hometap is among a handful of companies — including Unison , Unlock , Point and Aspire — that offer home equity investments. The annual investment volume in the U.S.

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Finance Investing Real Estate Agent Real Estate 389

Housing Wire

MAY 10, 2024

The loans bundled in the securitization were mostly investment property loans used for fix-and-flip transactions. Because of our advanced data models, technology platform, and consistent track record of performance, we continue to see significant institutional demand for Kiavi’s RTL assets.”

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Investing Investors Real Estate Construction 304

Housing Wire

APRIL 11, 2024

Editor in Chief Sarah Wheeler sat down with Scott Smith, interim CEO at Optimal Blue , to talk about the right tech investments to make now and how the company plans on keeping its customers for life. We have a pretty strong investment being part of Constellation Software now. Sarah Wheeler: What differentiates your tech? 1 provider.

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Investing Clients Business Technology 392

Housing Wire

APRIL 23, 2024

On Tuesday at The Gathering by HousingWire in Scottsdale, Arizona, Guild Mortgage CEO Terry Schmidt sat down with HousingWire editor in chief Sarah Wheeler to talk about the principles guiding much of the lender’s actions in recruiting, mergers and acquisitions (M&A) and overall business outlook.

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Retail Mortgage Technology Development 365

Housing Wire

APRIL 5, 2023

Achieving digital optimization is a main priority for federal housing agencies, and it’s happening at a time when incorporating technology is becoming a crucial part of the entire industry. House of Representatives passed a bill in September that streamlines the appraisal process for VA mortgage loans. For the U.S.

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Technology Appraisal Process Modernization Appraisal 316

Housing Wire

APRIL 3, 2023

Mortgage lenders are fighting brutal market conditions, but lenders shouldn’t be pulling back on tech investments. That was the message mortgage and solutions executives emphasized on Sunday during the Mortgage Bankers Association ’s (MBA’s) Technology Solutions Conference & Expo in San Jose, California.

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Investing Mortgage Technology Clients 317

Housing Wire

SEPTEMBER 2, 2021

The mortgage industry is still seeing record-breaking numbers, but those numbers have started to wane and lenders looking to succeed in a slow market need to begin preparations today. Recent trends indicate that the mortgage market is beginning to see the end of the refinance boom and enter a purchase heavy market.

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Technology Loan Officers Mortgage Investing 412

Housing Wire

MARCH 4, 2022

California-based nonbank lender Carrington Mortgage Services has invested in boosting the growth of its wholesale channel, with the latest announcements including a new loan processing technology and plans to increase the sales team. Department of Agriculture – and non-qualified mortgages (non-QM) loans.

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Technology Government Logistics Retail 343

Housing Wire

NOVEMBER 18, 2021

The advancement in digital mortgage has focused on delivering end-to-end digital solutions to improve the consumer experience. HousingWire recently sat down with Joe Hallett, Fannie Mae’s Vice President – Digital Products Management, to discuss how Fannie Mae is leveraging technology to expand access to homeownership.

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Technology Lending Mortgage Investing 412

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

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Loan Officers Mortgage Retail Lending 395

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 419

Housing Wire

NOVEMBER 9, 2022

If you work in the mortgage industry, the challenges of the current housing market are likely top of mind. According to projections from the Mortgage Bankers Association (MBA), mortgage rates have yet to hit their peak and a potential recession lies ahead in 2023. Strategic mortgage tech investments.

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Investing Mortgage Housing Market Business 358

Housing Wire

MAY 17, 2022

Mortgage and home equity fintech FirstClose received a $35 million investment from Lateral Investment Management on Tuesday. This is FirstClose’s first institutional equity investment round: The company has been self-funded since its founding in 2000. home equity and mortgage markets.

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Investing Technology Lending Home Value 333

Appraisal Buzz

JANUARY 31, 2022

Sales Boomerang and Mortgage Coach will maintain their existing brands and teams. Sales Boomerang and Mortgage Coach will maintain their existing brands and teams. The transactions will support product enhancements designed to make both companies’ widely used technologies even more valuable.

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Investing Mortgage Design Technology 221

Appraisal Buzz

SEPTEMBER 10, 2021

Paradatec , a provider of AI-based document classification and data extraction technology for mortgage loan processing, now offers its software via the cloud. operations for Paradatec, The post Paradatec’s Mortgage Document Technology Now Available in AI-Cloud Offering appeared first on Appraisal Buzz.

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Technology Mortgage Tools Clients 195

Housing Wire

MAY 14, 2024

Financial services company LERETA appointed Mitch Bledsoe to the position of chief technology officer, the company announced on Tuesday. Bledsoe joined LERETA in 2022 to serve as the senior vice president of enterprise technology.

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Technology Design Real Estate Development 364

Housing Wire

APRIL 17, 2024

Capital Fundings , a Florida -based private mortgage lender, has partnered with real estate investment platform Privy , the companies announced on Tuesday. Our commitment to empowering borrowers aligns perfectly with Privy’s mission to revolutionize real estate investment through technology and education.

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Real Estate Renovations Investing Investors 388

Appraisal Buzz

SEPTEMBER 15, 2021

Boston, September 14, 2021 – Reggora , an appraisal software company, improving residential real estate valuation, announced today that Envoy Mortgage has adopted its appraisal management system to help process all loans requiring an appraisal. By utilizing Regorra’s appraisal technology, Envoy’s turn-times will be faster and more efficient.

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Technology Appraisal Modernization Mortgage 195

Housing Wire

MARCH 8, 2024

homeowners are “house-rich, cash-poor,” home equity investment firm Hometap provides clients with a way to tap into their home equity instead of selling their home or taking out a loan. When the home sells or the homeowner settles the investment within the 10-year period. Based on the notion that far too many U.S.

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Investing Real Estate Agent Marketing Real Estate 330

Housing Wire

DECEMBER 1, 2022

Sales Boomerang and Mortgage Coach announced an API integration between Mortgage Coach and SaaS technology provider Polly on Thursday. Now, lenders can merge the benefits of our high-performance PPE with Mortgage Coach’s ability to multiply borrower conversion,” said Adam Carmel, founder and CEO of Polly, in a statement.

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Mortgage Technology Investing Design 382

Housing Wire

JUNE 26, 2023

Digital mortgage exchange and loan aggregator MAXEX announced on Monday it closed an equity investment round and partnerships to expand liquidity amid the recent market volatility. mortgage markets ,” Tom Pearce, CEO, chairman and co-founder of MAXEX, said in a statement. Terms of the transaction were not disclosed.

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Investing Investors Design Mortgage 321

Housing Wire

JUNE 28, 2023

For the mortgage industry, more often it’s about making the very hard choices these days – exiting a channel, deciding which star performer to let go, etc. One consequence of mortgage lenders – and LOs, for that matter – being on the ropes is the lack of investment back into their business.

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Mortgage Retail Investing Open Houses 349