Housing Wire

FEBRUARY 6, 2023

trillion mortgage servicing sector shouldn’t be “disrupted” by financial technology, it should be reimagined with fintech. Most new-to-mortgage fintech folks who overuse the word “disruptor” will start by asking, “What are your requirements?” America’s $13.3 but that’s the wrong question.

Mortgage 370

Mortgage Investors Technology Modernization 370

Housing Wire

FEBRUARY 14, 2024

Analysts in the mortgage industry are projecting that 2024 will be a better year than 2023 across the board. In a HousingWire report , analyst firm Jeffries said that they believe the worst of the current mortgage cycle is behind us, and Moody’s forecasts that the Federal Reserve will decrease rates three or four times this year.

Investors 387

Investors Modernization Insurance Mortgage 387

Housing Wire

FEBRUARY 2, 2022

ConsumerDirect Mortgage rebranded itself to Real Genius and announced the launch of a modern mortgage application platform to simplify a borrower’s experience. Additionally, the lender promises borrowers a “personalized approach” and “access to veteran mortgage professionals.”.

Mortgage 363

Mortgage Technology Lending Modernization 363

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. Black Knight is preparing to be acquired by ICE, the other mortgage tech giant in the data space.

Mortgage 365

Mortgage Tools Clients Development 365

Housing Wire

MARCH 25, 2021

Digital mortgage and fulfillment platform Maxwell has raised $16.3 Other investors included Rotor Capital , The Mortgage Collaborative Emerging Technology Fund , Prudence Holdings and existing investors including Anthemis Group , Route 66 Ventures , and Sovereign’s Capital. mortgage market.

Mortgage 413

Mortgage Lending Technology Loan Officers 413

Housing Wire

NOVEMBER 22, 2023

Editor in Chief Sarah Wheeler sat down with Scot Rose , CIO at Class Valuation , to talk about innovation in the appraisal space and how the technology being deployed for appraisal modernization can actually protect appraisers. SW: How do you think about technology and prioritizing what to do next? What’s changing there?

Appraisal 414

Appraisal Technology Modernization Real Estate Agent 414

Housing Wire

JANUARY 12, 2021

Appraisal software company Reggora today announced the completion of a $30 million Series B funding round, led by returning investor Spark Capital. Other investors included Shine Capital , Greenpoint Partners , Boston Seed and 1984. The tech solution giving community lenders an advantage. Presented by: Maxwell.

Appraisal 423

Appraisal Real Estate Agent Real Estate Technology 423

Housing Wire

MAY 24, 2021

Stavvy, a Boston-based fintech, announced Monday that it landed a $40 million Series A funding round led by Morningside Technology Ventures. How modernized servicing creates customers for life. Presented by: Sagent Lending Technologies. The funding caps a period of intense growth period for Stavvy.

Technology 412

Technology Lending Investors Modernization 412

Housing Wire

JULY 28, 2022

With the acquisition, Xactus will offer flood zone determinations to its clients by using its proprietary flood data and technology products, the firm said Wednesday. Mortgage lenders are required to determine a property’s flood risk and decide whether flood insurance will be required as a condition for a loan.

Insurance 366

Insurance Clients Modernization Technology 366

Housing Wire

FEBRUARY 14, 2023

Managing a profitable mortgage business can be challenging in the best of markets. Mortgage servicing rights (MSRs) are valuable assets for mortgage lenders when origination business is slow. But lenders must also consider mortgage originator’s loan product innovation. of all mortgage applications.

Modernization 369

Modernization Insurance Investors Tools 369

Housing Wire

JANUARY 26, 2023

The solution will integrate with its mortgage servicing system and Servicing Digital, which is Black Knight’s self-service app and responsive web solution that allows borrowers to access loan, home and neighborhood information. The deal is facing criticism due to antitrust concerns from trade groups and investors.

Modernization 380

Modernization Clients Design Mortgage 380

Clear Capital

AUGUST 30, 2023

Reno, NV – August 30, 2023 – Clear Capital , the national real estate valuation technology company, today announced a partnership with LenderX , a leading real-estate valuations SaaS provider, to deliver its lenders access to AURA , Clear Capital’s automated collateral underwriting solution.

Modernization 69

Modernization Appraisal Valuation Real Estate 69

Housing Wire

MARCH 1, 2022

In January I received a text message from Dave Savage, CEO of Mortgage Coach. News just broke that private equity investor LLR Partners announced strategic investments in two mortgage technology companies — Mortgage Coach and Sales Boomerang ( click here for article ). Tech100 Mortgage Winners.

Real Estate 379

Real Estate Brokerage Real Estate Agent Technology 379

Housing Wire

MAY 4, 2021

Former Ellie Mae CEO Jonathan Corr has joined the board of directors for appraisal technology company Reggora. The company is taking a unique approach to solving a historic challenge in the mortgage loan process, and I am proud to join in the mission to deliver consistent two-day appraisal turn times.”.

Technology 382

Technology Appraisal Valuation Modernization 382

Housing Wire

NOVEMBER 13, 2020

Consumers are ready — and they’re waiting on mortgage to catch up. While mortgages make up the lion’s share of consumer debt — nearly 72% of it, according to the Fed — they’re among the rarest financial transactions in a consumer’s life. There’s no doubt that mortgage data is among the most valuable in the world.

Modernization 483

Modernization Technology Mortgage Investors 483

Housing Wire

AUGUST 7, 2023

Technology and the trust model Real estate is too vital to our economy to be so financially concentrated and functionally outdated. Technology hasn’t been the barrier since 1998 when Equifax, and later other firms, developed systems to secure complex, multi-party transactions over the Internet.

Real Estate 369

Real Estate Supply Chain Architecture Brokerage 369

Housing Wire

APRIL 30, 2022

Clear Capital’s desktop appraisal solutions offer an easy way to obtain property information by pairing seasoned brokers and appraisers with innovative mobile phone technology, ClearInsight and CubiCasa. lenders and nearly every mortgage investor. lenders and nearly every mortgage investor.

Appraisal 370

Appraisal Valuation Technology Real Estate 370

Housing Wire

FEBRUARY 10, 2022

Reverse mortgage software solutions and loan origination system (LOS) provider ReverseVision announced on Thursday morning that it has been acquired by a division of Toronto-based Constellation Software , a holding company that bought another mortgage LOS in 2019. Leadership at Constellation Mortgage Services, Inc.

Development 381

Development Modernization Technology Mortgage 381

Housing Wire

OCTOBER 1, 2022

In the mortgage industry, the time between when a hopeful borrower submits their loan application and the loan actually closing is 50 days on average, according to the Origination Insight Report by ICE Mortgage Technology. During this period, a borrower’s credit profile may change drastically. to recover every $1 of fraud.

Investors 370

Investors Modernization Mortgage Lending 370

Housing Wire

AUGUST 1, 2023

From leading mortgage companies and real estate firms to spearheading groundbreaking initiatives and driving policy reforms, these honorees are making an indelible impact on housing.

Real Estate 370

Real Estate Realty Lending Mortgage 370

Housing Wire

AUGUST 2, 2021

Solex eClosing from First American Docutech is designed to accelerate the closing process through a streamlined, end-to-end, modern digital experience, inclusive of lenders, settlement agents, notaries and borrowers. Solex eClosing continues to lead the industry and has now helped lenders digitally close more than 500,000 mortgages.

Real Estate 393

Real Estate Investors Modernization Agents 393

Clear Capital

MARCH 1, 2022

Enhanced program designed to accelerate adoption of modern appraisal solutions by lenders. In collaboration with its partners, Clear Capital seeks to reduce friction of transformation and enable the vendor ecosystem with unique technology, data and analytics solutions. March 1, 2022 —.

Modernization 69

Modernization Appraisal Valuation Technology 69

Housing Wire

AUGUST 6, 2020

Part of the reason behind the company’s decision to lower its expectations, industry insiders say, is that Rocket was getting pushback on its claims that it is a true tech company, as opposed to being viewed more broadly as a mortgage lender. People are trying to wrap their brains around how the mortgage process is being transformed.

Transportation 349

Transportation Technology Modernization Business 349

Housing Wire

JANUARY 31, 2021

Mortgage servicers are staying busy. Clear Capital’s Complexity Score technology can help servicers determine the robustness of the valuation product needed for each property, ensuring that risk is mitigated while maintaining lower costs and time-efficiency. lenders and nearly every mortgage investor, including the GSEs.

Valuation 280

Valuation Technology Development Real Estate 280

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 381

Marketing Loan Officers Business Mortgage 381

Appraisal Buzz

FEBRUARY 7, 2022

Let’s take some time to reintroduce Desktop Appraisals and explore the risks that are presented when a Desktop Appraisal is requested of an appraiser as part of the mortgage application process. Prior to 2020, the most common appraisal label in the mortgage origination ecosystem was the Full Appraisal. Appraisal Labels.

Appraisal 435

Appraisal Inspection Development Technology 435

Housing Wire

MAY 27, 2022

This week’s HW+ member spotlight features Jeremy Potter, chief evangelist at Stavvy , a 2022 Tech100 Mortgage winner. He has also held leadership roles at Quicken Loans , now Rocket Mortgage , and Normcom Mortgage. It’s also more modern and appealing to first-time home buyers. Jobs that create houses.”

Modernization 381

Modernization Legal Contracts Mortgage 381

Housing Wire

JANUARY 14, 2022

Last Friday, HomeSmart filed an “ S-1 ” with the Securities and Exchange Commission , a document that conveys HomeSmart’s intention to sell company shares to prospective investors and the public. HomeSmart, like Compass , Keller Williams , eXp and other brokerages, states it has unique technology to modernize real estate.

Brokerage 414

Brokerage Agents Real Estate Loan Officers 414

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.

Technology 442

Technology Mortgage Investing Investors 442

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.

Real Estate 464

Real Estate Agents Technology Sellers 464

Housing Wire

JULY 13, 2021

Guaranteed Rate, the Chicago-based mortgage lender , and Compass, the New York City-headquartered residential real estate brokerage , “entered into a definitive agreement to form OriginPoint , a new mortgage origination company,” according to a press release Tuesday. billion in mortgages last year. Guaranteed Rate’s $73.9

Brokerage 294

Brokerage Real Estate Agents Clients 294

Listing Spark

SEPTEMBER 28, 2023

To handle all of this, investors benefit from a constant flow of market data, smart software to keep up, and countless other tools for managing real estate transactions without getting left behind. Why Prioritize Finding the Right Real Estate Software for Investors? But for investors, those 56 days are a lag on cash flow.

Real Estate 36

Real Estate Investors Tools Business 36

Clear Capital

NOVEMBER 3, 2022

Banks, credit unions, loan servicers and mortgage lenders now have access to a suite of tech-enabled products for property valuation. This partnership will make it easier for banks, credit unions, loan servicers, and mortgage lenders to order, review, manage, maintain, and analyze real estate appraisals and collateral valuations.

Valuation Review 69

Valuation Review Valuation Appraisal Modernization 69

Clear Capital

OCTOBER 31, 2023

AURA is designed to complement the use of UCDP/EAD results and allows LenderX customers to control automated ordering based on criteria like agency, loan type, loan amount, estimated value, investor, and Fannie Mae Collateral Underwriter (CU) score.

Valuation 36

Valuation Modernization Design Investors 36

Housing Wire

JUNE 8, 2022

With a deadly combination of low housing inventory, reduction in refis and surging mortgage rates, consolidation in mortgage tech is expected. Businesses and entire industries tanked during the pandemic, but it created an ideal environment for mortgage tech companies, some of which rode the wave to banner years and historic growth.

Mortgage 381

Mortgage Technology Loan Officers Investing 381

Housing Wire

FEBRUARY 21, 2024

“We took some time to listen to the industry about what they wanted in a mortgage servicing platform,” Perry Hilzendeger, executive vice president of servicing at Sagent, said in an interview. “Our mortgage servicing industry has a very fragmented process.” mortgage servicers.

Technology 397

Technology Modernization Clients Mortgage 397

Housing Wire

MARCH 12, 2021

The modernization of mortgage originations in recent years has made customers expect a smart, push-button experience. million mortgages in long-term forbearance. million mortgages in long-term forbearance. We all know technology shortcomings in the post-2008 years led to weak servicer practices.

Modernization 414

Modernization Technology Investors Design 414