Housing Wire

JANUARY 23, 2023

Mortgage lender Revolution Mortgage has partnered with Tavant, an AI-powered digital lending company, to integrate Tavant’s Touchless Lending product suite into Revolution Mortgage’s platform. The technology is designed to automate and streamline the underwriting and application processes, per the statement.

Lending 350

Lending Mortgage Technology Design 350

Housing Wire

SEPTEMBER 27, 2023

Maxwell , a Wells Fargo -backed mortgage fintech, announced Wednesday that it has struck a deal to acquire the digital lending platform Revvin ( formerly known as MortgageHippo ) to enhance its point-of-sale technology. The financial terms of the transaction have not been disclosed.

Lending 366

Lending Technology Loan Officers Clients 366

Housing Wire

JANUARY 9, 2024

Home-equity lending overall found its wings in 2023 as a number of independent mortgage banks ramped up product lines over the course of the year — despite a bump in the road in the third quarter when mortgage rates surged past 7%. Market indicators so far appear tentatively promising.

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Lending Inventory Mortgage Finance 418

Housing Wire

MAY 12, 2022

Worsening market conditions are only going to accelerate an already hyper-competitive mortgage lending industry that is still learning to adapt to post-pandemic homebuying behaviors. Customer-facing technologies, particularly loan origination and decisioning software, are now standard in mortgage lending’s tech stack.

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Lending Marketing Technology Contracts 293

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. What is the disconnect there?

Technology 340

Technology Lending Mortgage Business 340

Housing Wire

OCTOBER 5, 2023

AI and data-led fintech company Pagaya Technologies named Sanjiv Das as president. Das spent six years as CEO of Caliber Home Loans — a NewRez -owned residential mortgage lending company — until January 2022. In January 2023, Pagaya acquired proptech Darwin Homes to capitalize on the rental market.

Technology 356

Technology Real Estate Lending Investors 356

Housing Wire

JUNE 8, 2023

It’s important for today’s lenders to be as agile, efficient and scalable as possible to adapt to consumer preferences and fast-changing market conditions. As the market shifts and consumer buying habits change, there remains healthy demand for home equity lending products.

Technology 341

Technology Mortgage Lending Investors 341

Housing Wire

NOVEMBER 29, 2023

Encompass by ICE Mortgage Technology is designed to enable users to manage their entire lending workflow in one place, from the customer’s initial point of thought through investor delivery. All of these features come together to help lenders achieve operational efficiencies across their entire business for every lending channel.

Technology 352

Technology Mortgage Lending Business 352

Housing Wire

FEBRUARY 14, 2023

Benchmark Administration (IBA) , will take on a new role as president of ICE Mortgage Technology starting on March 1. ICE’s appointment of Bowler as incoming president ICE Mortgage Technology comes at a crucial time for the company. ICE Mortgage Technology is also eyeing increased sales in its Encompass loan origination system in 2023.

Technology 347

Technology Mortgage Lending Business 347

Housing Wire

MAY 7, 2024

Carrington Mortgage Services (CMS) hired Steven Winokur to serve as vice president of marketing for third-party originations (TPO), the company announced Tuesday. It is licensed to lend in 48 states. Headquartered in California, the company services loans in all 50 states and Puerto Rico.

Marketing 310

Marketing Retail Lending Investing 310

Housing Wire

FEBRUARY 21, 2023

Miami-based fintech provider LoanPASS has integrated with ICE Mortgage Technology, a division of global data, technology, and market infrastructure provider Intercontinental Exchange, Inc. Benchmark Administration (IBA), will step in as president of ICE Mortgage Technology starting March 1.

Technology 294

Technology Mortgage Lending Clients 294

Housing Wire

SEPTEMBER 21, 2022

Martin, Firth Third’s group head of mortgage warehouse finance, along with a team of warehouse lending professionals, will be based in Dallas. Warehouse lending offers short-term financing to mortgage bankers that provides interim liquidity until loans are sold or securitized in the secondary market.

Lending 373

Lending Business Finance Clients 373

Housing Wire

AUGUST 10, 2022

Nonbank lender Panorama Mortgage Group has added Texas-based Lone Peak Lending to its growing stable of brands. Donovan Stamps, a 27-year mortgage veteran with stints at Stearns Lending , SoFi Mortgage , First Guaranty Mortgage Corp. The post Lone Peak Lending joins Panorama Mortgage Group appeared first on HousingWire.

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Lending Human Resources Mortgage Loan Officers 384

Housing Wire

MARCH 12, 2024

nonbank mortgage lenders continue to gain market share as the industry consolidates and a number of smaller players exit the space due to a lack of strong franchises to retain sufficient volume, Fitch Ratings reported Tuesday. Last year, Homepoint shut down operations, while Wells Fargo closed its correspondent lending business.

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Mortgage Marketing Retail Lending 427

Housing Wire

SEPTEMBER 5, 2023

I sat down with Tim Bowler, president of ICE Mortgage Technology, a business unit of ICE, to talk about the company’s mortgage automation strategy — and what keeps him up at night. SW: ICE Mortgage Technology is known for its focus on automation. What’s the role of tech as lenders play the long game in this market?

Technology 332

Technology Mortgage Tools Insurance 332

Appraisal Buzz

MAY 1, 2024

Non-QM lender American Heritage Lending (AHL) is now using the OptifiNow TPO CRM system to improve its sales and marketing capabilities. The move to the new system comes as demand for non-QM loans is growing, enabling AHL to capture a growing share of the market.

Lending 195

Lending Loan Officers Technology Marketing 195

Housing Wire

OCTOBER 3, 2022

Today’s lenders must be as agile, efficient and scalable as possible to respond to evolving consumer preferences and fast-changing market conditions. Due to recent market shifts, there is an increased demand from consumers for home equity lending products.

Technology 294

Technology Mortgage Lending Investors 294

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%

Technology 336

Technology Mortgage Clients Lending 336

Housing Wire

JANUARY 31, 2022

In the rapid-fire, volatile mortgage marketplace , lenders need technologies to help them remain nimble and successfully navigate constant change. Using advanced PPE technology, lenders can accomplish this by identifying the most competitive products at the lowest rates possible. End-to-End Secondary Marketing Automation.

Technology 313

Technology Marketing Mortgage Investors 313

Housing Wire

MAY 7, 2024

Recent data from Inside Mortgage Finance shows a significant leap in broker market share, jumping to 24.3% The broker model is not just surviving but thriving and will continue to gain market share in the lending landscape. in Q4 2023, the highest number we’ve seen since 2009. The big question is, what caused this increase?

Retail 420

Retail Marketing Loan Officers Government 420

Housing Wire

MAY 23, 2023

It’s a problem, it’s real, it’s documentable,” said Shannon Johnson, Touchless Lending product manager at Tavant. Tara Dugan, who works in marketing and real estate for Tavant, said that technology should focus on integrations and aggregations. To learn more about Tavant’s Touchless Lending platform, click here.

Technology 331

Technology Appraisal Lending Valuation 331

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 440

Technology Mortgage Investors Investing 440

Housing Wire

APRIL 20, 2021

This general alignment matters a great deal as the FHFA, through their oversight of the GSEs, who have the vast majority of the market share, plays a key role in the conforming lending market being the de facto regulator. As one might expect, the comments revealed differing opinions. ” The Value of the Human Appraiser.

Technology 390

Technology Appraisal Valuation Lending 390

Housing Wire

APRIL 13, 2023

To address the challenges and inefficiencies in the traditional lending process, Tavant has developed the Touchless Lending platform, which leverages advanced technologies like artificial intelligence, machine learning, data analytics and cloud computing.

Lending 279

Lending Mortgage Technology Business 279

Housing Wire

AUGUST 4, 2022

Tech-focused real estate brokerage Radius , flush with $14 million in venture capital raised this past April, has launched a mortgage lending arm in California that it plans to roll out to additional markets sometime next year. Is now a good time to invest in real estate automation technologies?

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Brokerage Real Estate Lending Mortgage 390

Housing Wire

FEBRUARY 28, 2023

Virginia-based mortgage bank Prosperity Home Mortgage, LLC has acquired the assets of Arizona-based JFQ Lending, LLC to explore the direct-to-consumer channel. However, amid a challenging mortgage market, monthly production fell from over $1.1 billion in the last 12 months, according to the mortgage data platform Modex.

Lending 314

Lending Loan Officers Government Realtors 314

Housing Wire

MAY 17, 2023

Recent home price declines are leading to decreased tappable equity, but there are still opportunities in home equity lending, according to a report published by Home Equity Lending News. And as instant online automated approval and closing continues to elude home equity lending, attention has turned to artificial intelligence.

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Lending Valuation Mortgage Government 321

Housing Wire

DECEMBER 14, 2021

The non-QM mortgage market, which encompasses most home loans not backed by a government-sponsored guarantee, is expected to reach the $25 billion mark this year in private-label securitization volume. . Could someone one day come up with the right technologies [for automating underwriting of] non-QM?

Lending 314

Lending Technology Government Investors 314

Housing Wire

FEBRUARY 23, 2022

HousingWire recently spoke with Amanda Phillips, ACES Quality Management’s EVP of Compliance, about the current compliance landscape with CFPB updates and how lenders can ensure they’re compliant with fair lending and fair servicing. HousingWire: How does Fair Lending affect mortgage servicing?

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Lending Technology Government Mortgage 302

Appraisal Buzz

MAY 7, 2024

Steven Winokur has joined Carrington Mortgage Services as vice president, marketing, third-party origination. Previously, he was with non-QM lender Angel Oak Lending, where he served as chief marketing officer. Winokur has established a reputation as a non-QM virtuoso.

Marketing 195

Marketing Mortgage Lending Development 195

Housing Wire

AUGUST 17, 2022

A customized loan application developed for Angel Oak Home Loans will support both agency mortgage and non-QM lending “for borrowers of diverse financial backgrounds,” said Shane Westra, chief product officer at Simple Nexus. How should the current market impact lenders’ tech adoption? Presented by: Polly.

Lending 350

Lending Real Estate Agent Real Estate Technology 350

Housing Wire

APRIL 24, 2024

Figure Technology Solutions , the parent company of Figure Lending LLC , named Michael Tannenbaum as its new CEO, the company announced on Tuesday. Tannenbaum boasts more than 15 years of experience in financial technology and financial services. Tannenbaum will also be a member of the board of directors.

Technology 329

Technology Lending Design Finance 329

Housing Wire

SEPTEMBER 30, 2021

In today’s chaotic market, mortgage companies need to streamline the mortgage process so they can originate more loans. Encompass by ICE Mortgage Technology offers a truly differentiated digital platform that provides straight-through processing for a comprehensive end-to-end workflow. mortgage market in MERS.

Technology 311

Technology Investors Mortgage Lending 311

Housing Wire

JULY 16, 2021

Seventy million dollars in seed funding is a colossal investment for an unproven tech startup, even one that promises to fully disrupt a relatively low-margin, traditional industry like mortgage lending. The startup says it has also partnered with top local real estate agents who know their way around the markets they serve.

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Lending Real Estate Real Estate Agent Modernization 434

Housing Wire

MARCH 15, 2021

What happens when borrowers can’t or won’t walk into a lending branch? HousingWire recently sat down with Insellerate CEO Josh Friend to discuss that very question and what strategies retail lenders should look to adopt from direct-to-consumer lending. That’s where this hybrid digital lending model has emerged.

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Lending Retail Mortgage Loan Officers 377

Housing Wire

JULY 5, 2023

In its third year, HousingWire’s Marketing Leaders award is recognizing the marketers in housing who represent the brains and creativity behind the growth and success of their organizations. This year’s list includes a diverse group of marketing minds who come from many different aspects of housing.

Marketing 358

Marketing Technology Development Real Estate 358

Housing Wire

MAY 16, 2024

Digital closing provider Snapdocs is partnering with real estate technology provider SitusAMC to integrate the Snapdocs eVault to SitusAMC’s ProMerit platform, a warehouse lending technology tool, the companies announced on Thursday. Flagstar Bank recently announced its exit from the warehouse lending space.

Lending 317

Lending Technology Tools Real Estate 317