Housing Wire

JULY 31, 2023

Mike Cagney’s Figure Technologies laid off 20% of its staff and plans to take its profitable lending business public next year, Bloomberg reported. Figures’ lending business hit a record $900 million in origination and generated $2.7 billion public valuation for LendCo when it goes public.

Lending 365

Lending Valuation Business Technology 365

Housing Wire

AUGUST 30, 2022

This has led many lenders to feel overwhelmed by options and lack understanding of how, when and where to best implement new technology. Many of these goals lead to adding technologies that can both speed up cycle times and drive down costs. This does not even include the exacting requirements of regulators and investors.

Tools 407

Tools Lending Technology Valuation 407

Housing Wire

DECEMBER 1, 2021

eMerge, a company that offers alternative valuation solutions, including broker price opinions (BPOs), will allow Accurate Group to increase its broker network and leverage property inspection technology, the company said. The company claims on its website that the total value of homes it has appraised is over $517 billion since 2010.

Valuation 405

Valuation Technology Inspection Investing 405

AmeriMac

JUNE 28, 2023

Investors are always on the lookout for ways to make informed, data-driven decisions. In recent times, alternative valuation products have emerged as a popular solution that investors can use to gain insights into the worth of their assets. Alternative valuation products offer a unique way to determine property value.

Valuation 36

Valuation Investors Appraisal Technology 36

Housing Wire

MAY 17, 2022

Founded in 2000, Irvine, California-based Inco-Check leverages its proprietary web-based platform to support GSE, regulatory agency, and investor requirements. 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.

Logistics 366

Logistics Legal Investors Technology 366

Housing Wire

SEPTEMBER 11, 2020

Schreiner Gates, a technology veteran with more than three decades of experience, joined SimpleNexus’ board of directors in April 2020. Between 2015 and 2019, she served as executive vice president of sales and marketing at cloud-based mortgage technology provider Ellie Mae. billion purchase by private-equity firm Thoma Bravo.

Lending 287

Lending Valuation Technology Clients 287

Housing Wire

SEPTEMBER 24, 2021

The company says it will use the funding to “aggressively” build new products for mortgage lending and banking industries, expand its US operations and scale its staff with a focus on machine learning and data science teams.

Technology 353

Technology Valuation Lending Investors 353

Housing Wire

AUGUST 10, 2021

Fintech lender Figure Technologies is going full force in to the mortgage lending – and now servicing – blockchain revolution. The fintech lender has been on a technology overhaul in recent months, having snagged a $200 million Series D round just two weeks ago. billion valuation.

Mortgage 383

Mortgage Technology Investors Development 383

Housing Wire

JANUARY 31, 2021

Clear Capital’s suite of field valuations, real estate analytics, and platform technology solutions help servicers prevent fraud, check the accuracy of completed appraisals and broker price opinions (BPOs), conduct portfolio valuation analysis and updates, and help with disposition analysis on distressed loans.

Valuation 283

Valuation Technology Development Real Estate 283

Housing Wire

MAY 27, 2022

The CFPB issued a statement to warn creditors that technology being “too complicated” is not an excuse for noncompliance. In his own statement Thursday, Chopra said companies have “legal responsibilities when they let a black-box model make lending decisions.”.

Law 417

Law Legal Valuation Government 417

Housing Wire

MARCH 15, 2021

Digital lending software provider Blend announced on Monday that it is expanding its cloud-based platform with the acquisition of Title365 from the Mr. Cooper Group for approximately $422 million, reflecting an enterprise value of $500 million. How hybrid title and valuations help increase lending efficiency.

Insurance 395

Insurance Lending Real Estate Agent Valuation 395

Housing Wire

JUNE 2, 2022

The question was on the minds of many at the Waldorf Astoria in Dana Point, California on Thursday – will non-qualified mortgage products become more commoditized as the rising rate environment wallops agency lending? It’s not subprime lending. It [non-QM loans] is a manual underwrite,” Robert Senko, president at ACC Mortgage , said.

Lending 382

Lending Investors Mortgage Clients 382

Housing Wire

JANUARY 22, 2021

HW Media CEO Clayton Collins and Scott Happ, president of Secondary Marketing Technologies at Black Knight, discuss Black Knight’s acquisition of Optimal Blue and what the industry can expect from the company’s new Secondary Marketing Technologies division. Presented by: Black Knight. Analysts have expressed some optimism.

Mortgage 518

Mortgage Technology Investors Business 518

Housing Wire

AUGUST 1, 2023

Their collective expertise spans the entire spectrum of the sector, encompassing areas such as lending, tech, real estate, appraisal, compliance, operations, sales and so much more. The following list of honorees comprises many more examples of exceptional leadership from some of the industry’s most accomplished women.

Real Estate 370

Real Estate Realty Lending Mortgage 370

Housing Wire

AUGUST 7, 2023

Real estate still relies on a “system” unable to integrate production across the silos of media, brokerage, lending, insurance and trading. Technology and the trust model Real estate is too vital to our economy to be so financially concentrated and functionally outdated.

Real Estate 369

Real Estate Supply Chain Architecture Brokerage 369

Housing Wire

OCTOBER 13, 2020

End-to-end lending and services platform Finance of America Capital is the latest mortgage company to get in on the mushrooming IPO craze. billion valuation. Explore three steps that enable technology to work more efficiently, which helps drive profitability. It has sent $16.2 billion, according to Recursion’s data.

Finance 487

Finance Lending Retail Investing 487

Housing Wire

JULY 19, 2021

Shares closed trading at $20.90, giving Blend a valuation of around $4.6 Blend’s investors are apparently convinced that the company can radically transform lending, simplifying and digitizing regimented-but-clumsy processes that are still rather paperwork-heavy. “So, the roadshow was very, very well received.”

Insurance 383

Insurance Investors Technology Real Estate Agent 383

Housing Wire

DECEMBER 29, 2020

Data and analytics giant Black Knight made moves in the secondary mortgage market again, launching its Mandatory Analytics dashboard that will allow investors to analyze and benchmark their actions on the secondary market. One of the best tools that mandatory investors have at their disposal is access to precise, accurate and timely data.”.

Mortgage 380

Mortgage Investors Technology Real Estate Agent 380

Housing Wire

NOVEMBER 3, 2020

Broad in reach and deep in functionality, the PPE manages many core functions in mortgage lending, such as decisive product eligibility and sophisticated pricing strategies, as well as automating the rate-lock process. Support strategic decisions with risk management and MSR valuation solutions.

Valuation 395

Valuation Tools Clients Mortgage 395

Housing Wire

APRIL 30, 2021

The same can be said about the mortgage industry as an ecosystem, and its technology as the coral reef. In order for brokers and lenders to work together in symbiosis as organisms of this ecosystem, the technology must also allow for it. For that ecosystem to maintain and survive each organism must work together in a symbiotic manner.

Mortgage 304

Mortgage Technology Investors Lending 304

Simonson Real Estate

AUGUST 24, 2020

Since then, market uncertainty has caused commercial investors to increasingly worry whether their commercial appraisal analyses are accurate. . It was here that I had the opportunity to moderate the Banking and Construction Lending Update discussion with Patricia Gnetz of U.S. We had a great discussion!

Lending 148

Lending Construction Tenants Real Estate 148

Housing Wire

JULY 6, 2021

Mortgage software platform Blend Labs set terms for its initial public offering Tuesday including its goal to raise up to $360 million for a targeted valuation of nearly $4 billion. Blend’s white label technology is what powers mortgage applications on the site of banks such as Wells Fargo and U.S. Presented by: FADT. million and $96.0

Technology 383

Technology Mortgage Valuation Insurance 383

Housing Wire

OCTOBER 13, 2020

billion valuation in the fourth quarter. “It’s not about answering to investors. Investors bought in at 6%, they bought into the culture, the team and the vision of my team – me and my leadership team, not what they think a future could look like. behind only its Detroit rival Rocket Mortgage. billion.

Mortgage 492

Mortgage Investors Valuation Finance 492

Housing Wire

AUGUST 12, 2020

Blend announced Wednesday it has raised a $75 million Series F round at a valuation of nearly $1.7 The company also was attracted to having a strategic investor such as Canapi, a $545 million fund which was co-founded by Gene Ludwig (founder of Promontory Financial Group ) and Chip Mahan ( Live Oak Bancshares CEO).

Investing 492

Investing Loan Officers Technology Development 492

Clear Capital

JUNE 14, 2022

We’re excited to announce that property rental data is now available in ClearProp , the lending-grade, industry-leading valuation tool. You can experience at no cost*, ClearProp’s deep rental property and interactive valuation data by registering at portal.clearcapital.com. Gain market insights with interactive rental data.

Valuation 69

Valuation Valuation Review HOA Tools 69

Housing Wire

OCTOBER 6, 2020

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. With the advances we’re seeing in Artificial Intelligence, Machine Learning and Robotic Process Automation, we have become experts at configuring our technology to meet the changing needs of lenders.

Technology 446

Technology Mortgage Investing Investors 446

Housing Wire

SEPTEMBER 13, 2023

CAPE Analytics has unveiled a new, AI-powered , automated property condition report (aPCR) tool crafted for institutional lenders, whole loan investors, and real estate investors. The common understanding of valuation, inspection and even property value is shifting, as more and more technology-enabled alternatives are emerging.

Tools 395

Tools Valuation Inspection Investors 395

Clear Capital

OCTOBER 27, 2021

The rise of AMCs, Appraiser Independence Requirements, and regulated appraisal fees have had a profound impact on the way lenders order and manage valuations. For more than a decade now, this way of thinking has driven an increased openness to explore innovative solutions, especially given the advancement of technology.

Technology 69

Technology Valuation Appraisal Process Appraisal 69

The Robert Weiler Company

SEPTEMBER 30, 2020

Two of the best examples occur when there is lending involved or litigation pursued. If you are not satisfied with the original commercial property appraisal, the review process offers the opportunity to fix parts of the report that did not meet your standards or the standards of the financial lending institution you represent.

Real Estate 137

Real Estate Appraisal Property Appraisal Valuation 137

Clear Capital

MARCH 17, 2022

From informing medical diagnostics to measuring investor sentiment, using technology to scan images has brought revolutionary advancements across fields. Appraisal photos help lenders verify the condition of the property and ensure the value is supported in line with their investor guidelines. FHA Appraisal Photo Requirements.

Real Estate 69

Real Estate Appraisal Technology Development 69

Housing Wire

JUNE 18, 2021

All of these markets benefit from an accurate understanding of valuation and property characteristics, but the data sources that power them leave out a crucial component: property condition. Due to the rise of new technology solutions and the pandemic, 40% of mortgages are now completed with appraisal waivers.

Investors 392

Investors Real Estate Real Estate Agent Valuation 392

Housing Wire

JANUARY 11, 2024

On the right tech mindset: Adam Carmel, Polly CEO : “When I was in lending, I think I always overestimated the impact technology or software, or more importantly, a switch in technology, would have on our business in the first six months or a year, and the difficulty in transitioning.

Technology 443

Technology Contracts Business Appraisal 443

Housing Wire

AUGUST 21, 2023

LoanStar Technologies , which connects lenders with borrowers who are traditionally underbanked or unbanked, also made the list again. 469 LoanStar Technologies 1,241% 2016 Enabling lenders to connect and lend to customers who are traditionally underbanked or unbanked. Homelight , a platform for homebuyers and sellers, was No.

Real Estate 370

Real Estate Real Estate Agent Technology Investors 370

Appraisal Buzz

JULY 13, 2022

valuation technology, Anow. Voxtur provides a comprehensive suite of valuation management solutions for lenders, AMCs, and appraisers to automate and manage valuation orders in real time, while promoting regulatory compliance. About Voxtur. For more information, visit www.voxtur.com.

Tools 195

Tools Chief Valuation Officer Real Estate Agent Valuation 195

Appraisal Buzz

NOVEMBER 3, 2021

Joan Trice, Founder and President of the CRN states, “gross living area (GLA) is one of the most important inputs in a valuation report. By endorsing this standard, the CRN is encouraging emerging technologies to develop applications for gross living area calculations in a more uniform protocol. Technology impacts.

Valuation 370

Valuation Development Technology Appraisal 370

Clear Capital

JUNE 28, 2022

Self-Serve APIs Will Enable Faster Adoption, More Control for Lenders, Investors and System Providers. Reno, NV — June 28, 2022 — Clear Capital , a national real estate valuation technology company, today announced the launch of two Application Programming Interfaces (APIs), Property Valuation API and Risk Assessment API.

Valuation 69

Valuation Modernization Real Estate Investors 69

Housing Wire

JUNE 8, 2022

With interest rates hitting all-time lows, lenders doubled their origination volume to more than $4 trillion in both 2020 and 2021, hired more staff and ramped up investment in technology to close loans faster. billion came from its origination technology, according to their earnings reports. Of the $387.2

Mortgage 382

Mortgage Technology Loan Officers Investing 382