Housing Wire

NOVEMBER 13, 2023

In the world of mortgage lending, there’s an all-too-common sentiment that echoes through the industry: “My loan origination system (LOS) sucks.” In reality, the LOS is not the problem; the technology is doing exactly what it was designed to do. The LOS is a foundational piece of technology for every lender.

Technology 417

Technology Design Lending Real Estate Agent 417

Housing Wire

FEBRUARY 10, 2023

The GAssist portal will provide its partners, which include community banks, credit unions, and brokers, with tools that will allow them to better manage borrower expectations, from guided originations to processing tools, according to a press release on the roll-out. The tools are housed within the secure application portal.

Retail 367

Retail Tools Loan Officers Design 367

Appraisal Buzz

MAY 3, 2024

Patelco Credit Union is now using the Empower LOS from Dark Matter Technologies to streamline and bolster home loan and home-equity origination. The credit union’s 214 loan officers will use the Empower LOS to originate retail home loans, home-equity loans and home-equity lines of credit (HELOCs).

Loan Officers 195

Loan Officers Modernization Retail Tools 195

Housing Wire

JUNE 29, 2023

“We’ve demonstrated the power of Total eClose through our integration with Finastra’s MortgagebotLOS, creating an innovative automation tool for every eClosing originated through the solution,” Dominic Iannitti , president and CEO of DocMagic, said.

Lending 336

Lending Tools Retail Clients 336

Housing Wire

SEPTEMBER 11, 2023

Roughly 20% of Cliffco’s production comes from the wholesale channel and 80% of origination volume comes from its retail channel – through which it offers GSE, government loans and non-QM products. Capturing leads with tech Another priority for the lender is procuring leads through its proprietary technology.

Loan Officers 410

Loan Officers Agents Retail Technology 410

Housing Wire

FEBRUARY 16, 2024

Rick Arvielo: What’s interesting about our growth is that we are the 13 th largest retail IMB in the country, but we’re only in about a third of the United States. We grew with a call center model for the first 10 years and only got into outside distributed retail 11 years ago. What made Draper and Kramer a good fit for NAF to acquire?

Loan Officers 431

Loan Officers Retail Clients Real Estate Agent 431

Housing Wire

OCTOBER 31, 2022

Her role will focus on technology to drive the company’s growth. Michael Brennan, president of Movement, said Waggoner can empower loan officers with the tools they “need to win.”. “She has a proven track record of leading sales-centric technology teams and delivering with speed to market,” he added.

Loan Officers 361

Loan Officers Mortgage Technology Tools 361

Housing Wire

SEPTEMBER 23, 2022

The acquisition will strengthen Thrive’s retail channel and bring with it new territories amidst arguably the most challenging mortgage market since the early 1980s. . We are continually seeking opportunities for partnerships to help us lead our industry into the next generation of mortgage lending.”.

Mortgage 370

Mortgage Retail Loan Officers Technology 370

Housing Wire

MAY 23, 2022

In his new role, Hogle will manage the firm’s retail operations, overseeing growth and development of retail sales and the production network, while supporting the firm’s business channels. Hogle has more than 20 years of experience, including about 15 years with Supreme Lending. Presented by: Evocalize.

Mortgage 403

Mortgage Retail Insurance Development 403

Housing Wire

JANUARY 26, 2022

Polly, a software-as-service mortgage-technology firm that operates a loan-trading platform , has raised $37 million through a new funding round, its third since launching in 2019 — bringing the total raised from investors to $57 million. Building the next generation of tech: Three ways to digitize home lending.

Modernization 342

Modernization Mortgage Lending Investors 342

Housing Wire

JUNE 30, 2021

From loan submission to servicing loans, its end-to-end, customer-first lending process is all about ease, quick turn times, and transparency. FAM TPO’s account executives work to find brokers the right mortgage wholesale lending solutions for their clients. FAM TPO is a one-stop shop for all types of financial needs.

Finance 284

Finance Lending Clients Technology 284

Housing Wire

DECEMBER 21, 2021

They expect shops with a consumer direct model, which tend to be refi-heavy and rely on call centers for intake, will be more likely than retail shops to cut employees in the months to come. Retail people don’t get laid off as much because they own their book of business.

Loan Officers 468

Loan Officers Retail Business Mortgage 468

Housing Wire

APRIL 26, 2023

Abdelmalak praised OptifiNow’s understanding of wholesale lenders, noting that the company built a global search tool that gives account executives limited access to everyone’s accounts, not just their own. This feature reduces confusion and keeps the sales team running smoothly, she said.

Mortgage 260

Mortgage Design Retail Lending 260

Housing Wire

OCTOBER 17, 2022

Rocket Pro TPO, a division of Rocket Mortgage , launched a set of new tools this week for non-delegated correspondent lenders. “We are looking forward to providing our industry-leading technology and partner support teams so correspondent lenders can better help their clients. billion and retail fell 12.1%

Clients 419

Clients Retail Mortgage Tools 419

Housing Wire

OCTOBER 22, 2021

This week’s HW+ spotlight features Karen Mayfield, head of National Retail Sales at Wyndham Capital Mortgage. In her role, Mayfield is tasked with expanding on the company’s digital roots into the retail mortgage environment. Homebuyers still want to work with people. To become an HW+ member, click here.

Loan Officers 357

Loan Officers Retail Mortgage Tools 357

Housing Wire

AUGUST 19, 2021

Blend’s white-label technology is what powers mortgage applications on the websites of traditional banks such as Wells Fargo and U.S. It checks income, it verifies identities and has become a key consumer-facing processing tool for some of the largest mortgage lenders in the country.

Insurance 364

Insurance Retail Clients Technology 364

Housing Wire

FEBRUARY 2, 2023

OrangeGrid’s operating system, which claims to have a low-code/no-code architecture, will aim to provide Flagstar the tools needed to improve compliance, track internal staffing metrics, turn time reporting on loss mitigation requests and audit records for the workflow, according to a press release. billion last December.

Retail 81

Retail Mortgage Architecture Technology 81

Housing Wire

JUNE 30, 2021

By continuing to invest in its platform, the Freedom Mortgage Wholesale Division is able to provide clients with loan processes and technology that deliver greater levels of control, speed and ease. Freedom Mortgage’s experienced account executives have an average tenure of 8.5 Keith Bilodeau, Senior Vice President.

Mortgage 196

Mortgage Clients Training Government 196

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 413

Technology Mortgage Lending Business 413

Housing Wire

FEBRUARY 8, 2023

Now we face another inflection point as forward-thinking lenders come to view the borrower intelligence platform — BIP for short — as equally mission-critical technology. Measurement and Optimization: BIPs provide lenders with the data and tools to measure and adjust performance across the individual, branch and enterprise level.

Loan Officers 71

Loan Officers Technology Lending Transportation 71

Housing Wire

AUGUST 17, 2022

The Atlanta mortgage lender, which offers agency and non-qualified mortgage (non-QM) products, will implement the tech firm’s Nexus Origination and Nexus Engagement tools. Angel Oak Home Loans, operating as one of Angel Oak’s residential lending businesses, continues to expand its retail presence across the country.

Lending 366

Lending Real Estate Agent Real Estate Technology 366

Housing Wire

SEPTEMBER 28, 2023

In my career, I’ve swung between enabling technology and securing it at the same time. SW: At PRMG, do you generally build or buy technology? JA: I was going back through some old PRMG stuff and they had “the five tenets of mortgage lending success” and it was: product, pricing, compensation, marketing, and fulfillment.

Technology 447

Technology Loan Officers Lending Business 447

Housing Wire

MAY 17, 2023

We want to help clients get ready to buy a house and there’s nothing better to do that than this budgeting tool. These are world-class technologies, world-class capabilities that don’t come cheap. And that’s really what this has done. We have access to a lot of data.

Marketing 332

Marketing Clients Mortgage Business 332

Housing Wire

MARCH 7, 2023

The product aims to unify workflows for wholesale, retail, reverse mortgage, recruiting and more into a single system while also lowering IT costs, OptifiNow said in a statement. The same month, the company implemented its TPO CRM platform with Plaza Home Mortgage to leverage CRM tools to improve sales performance and marketing efficiency.

Mortgage 373

Mortgage Tools Retail Design 373

Housing Wire

JUNE 30, 2021

For example, PennyMac’s broker portal, POWER, has an easy-to-use pricing scenario tool backed by their sophisticated proprietary pricing engine. Our pre-approval option is a very important tool for our brokers in this current hot purchase market. “Our We also offer priority paths for purchase throughout the loan process.

Business 230

Business Retail Tools Insurance 230

Housing Wire

JUNE 11, 2021

Thanks to the convenience of online rate-shopping tools, a boost in consumer knowledge of the homebuying process, and a growing number of independent mortgage banks, it is now more difficult than ever to lock in a borrower. The solution is a complement to an existing PPE or LOS in a lender’s mortgage technology stack. What’s worse?

Tools 330

Tools Mortgage Loan Officers Retail 330

Housing Wire

FEBRUARY 8, 2024

Human interaction will always play a role in the mortgage process, and the right digital tools will drive that effective engagement with borrowers — not push it away. The user experience begins (and continues) with you When it comes to UX, the technology , its effectiveness, and its ease-of-use — all are crucial components.

Design 392

Design Retail Technology Tools 392

Appraisal Today

MAY 19, 2023

Chat GPT For Fannie Form Appraisal Reports By Dustin Harris Excerpts: The world of real estate appraisal is constantly evolving (much to our dismay sometimes), and as professionals in this field, it is crucial to stay ahead of the curve by embracing innovative tools and technologies. You don’t need a website.

Appraisal 52

Appraisal Business Contracts Real Estate 52

Appraisal Today

SEPTEMBER 15, 2023

One-quarter (26 percent) cite technology fees (not an option in 2022). Richard Hagar, SRA, has a good book on Dave Towne’s comments (and many other client issues): For more info click here == Private money lending – no UAD, computer “reviews”, low fees, etc. This is up sharply from 27 percent last year.

Appraisal 81

Appraisal Real Estate Agent Contracts Real Estate 81

Appraisal Today

OCTOBER 14, 2022

Today, while there still remains some stickiness to the QC revision process, a recent survey completed by The STRATMOR Group commissioned by appraisal management technology company Reggora, indicates 25% of appraisal reports require some form of revision. retail residential mortgage applications, and has been conducted weekly since 1990.

Appraisal 52

Appraisal Insurance Real Estate Business 52