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Figure Technology Solutions takes another step to become public

Housing Wire

Figure Technology Solutions (FTS), the parent company of Figure Lending LLC , took another step this week to become a public company, just one week after announcing a reorganization of its enterprise structure. On Wednesday, the company said it “has confidentially submitted a draft registration statement” with the U.S. after four years.

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How technology can help mortgage lenders combat repurchase risk

Housing Wire

When individual mortgages are originated by lenders like banks or credit unions , they may bundle groups of these mortgages together into financial vehicles called mortgage-backed securities (MBS) that are then sold to investors on a secondary market. This helps attract ongoing investment capital into the housing sector.

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Argyle partners with Dark Matter Technologies on income, employment verifications

Housing Wire

Verifications provider Argyle announced an integration with the Exchange, an interconnected network of mortgage-specific service providers available to customers of the Empower loan origination system (LOS) from Dark Matter Technologies. The mortgage tech company has made a series of integrations with lenders in the past few months.

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How smart home technology increases property value in a challenging market

Housing Wire

Over the past few years, we’ve seen an increased demand for smart home technology as consumers continue to embrace a digital lifestyle. Now, however, renters actually expect to see this technology in their living spaces.”. Why smart home technology now? and that really helps an operator maintain a higher level of security.”’.

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PennyMac Incorporates ICE Mortgage Technology Suite into Encompass Investor Connect

Appraisal Buzz

ICE Mortgage Technology , part of Intercontinental Exchange Inc., a global provider of data, technology and market infrastructure, has partnered with PennyMac Loan Services LLC, a subsidiary of PennyMac Financial Services Inc. The partnership will enable a more streamlined loan delivery, resulting in improved efficiency, loan quality.

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HousingWire August Demo Day: ICE Mortgage Technology™

Housing Wire

AIQ by ICE Mortgage Technology. AIQ by ICE Mortgage Technology , is an omnichannel solution that leverages artificial intelligence that enables lenders, investors, and servicers to automate manual workflows and increase productivity and quality, while reducing risk and boosting ROI. Product Fast Facts. #1. Get More Info.

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Figure Technologies launches wholesale lending platform

Housing Wire

Mike Cagney’s Figure Technologies rolled out a wholesale lending platform that will give loan originators access to the company’s home equity line of credit (HELOC) offering. Cagney’s attempt to bring blockchain technology to mortgage lending at scale dates back to August 2021.