Housing Wire

OCTOBER 15, 2021

Home lending proptech Roostify is releasing the “first of many” APIs on its existing lending platform built to automate document validation and data extraction in the lending process. Even in its relatively early stages of training the AI models, it is already turning out FI scores between 0.83

Lending 382

Lending Development Training Mortgage 382

Housing Wire

JULY 18, 2023

As our financial system evolves, it is critical that we adapt our application of the Fair Housing Act and ECOA to deal with technological change and other developments,” Barr said in his speech. However, there is also the potential for these technologies to exacerbate existing issues related to lending equality, Barr explained.

Technology 370

Technology Lending Advertising Training 370

Housing Wire

AUGUST 31, 2020

Lenders need to be able to grow their business in a way that is not linear and is not tied to the market cycles – leveraging automation technology can help. The company’s solutions involve applications of a few different types of automation technology. It depends on the level of technology maturity of each lender’s middle office.

Lending 410

Lending Technology Tools Training 410

Housing Wire

FEBRUARY 16, 2024

Braheem, former co-founder of Loan Toolbox — an online resource for training, tools, support and coaching — launched The Loan Atlas, a mortgage coaching platform, earlier this year with mortgage executives and top loan officers joining as faculty members. “Our

Mortgage 410

Mortgage Marketing Loan Officers Training 410

Housing Wire

JUNE 5, 2023

HousingWire recently spoke with Desmond Smith , chief growth officer at United Wholesale Mortgage , about the role that wholesale lending plays in the mortgage ecosystem and common myths and misconceptions about becoming an independent mortgage broker. HousingWire: What role has wholesale lending historically played in the mortgage ecosystem?

Mortgage 370

Mortgage Retail Lending Loan Officers 370

Housing Wire

DECEMBER 7, 2023

The company’s close partnerships with mortgage brokers and correspondents transforms feedback into impactful products, technology and services that help clients grow their businesses in any economic environment. Flagstar also shares product-specific advice and expertise in VA and FHA lending with its clients.

Lending 332

Lending Clients Business Technology 332

Appraisal Buzz

APRIL 23, 2024

He spent over a decade in various executive and managerial positions, where he led a highly successful team that included analytics, risk management, training, communications and vendor management while managing two of the top five lending institutions and the firm’s GSE relationships.

Lending 195

Lending Training Design Tools 195

Housing Wire

FEBRUARY 21, 2024

Axis has lending and title academies, with an origination academy set to launch in the spring of 2024. Graduates of the program commonly find job placements with lenders, technology companies, fintech and proptech firms, or title companies. The initial 30 days establish a foundational understanding of mortgage lending concepts.

Housing Market 415

Housing Market Mortgage Marketing Real Estate 415

Housing Wire

FEBRUARY 8, 2023

According to a statement from the company, “Homelendia Mortgage will offer a unique and streamlined approach to mortgage brokerage ownership and the mortgage process, utilizing cutting-edge technology to provide a seamless and efficient experience for borrowers and lenders.

Brokerage 370

Brokerage Mortgage Training Lending 370

Housing Wire

AUGUST 15, 2023

Brittany Roseboro and John Glover claim that Rocket’s leadership required them to attend unpaid pre-shift meetings and, due to technological delays and other problems, they usually had an uncompensated preliminary “boot-up” and “clock-in” time. Defendants also said they had to attend mandatory training and tests without compensation.

Training 370

Training Technology Law Mortgage 370

Housing Wire

MARCH 28, 2024

This was a crisis for many large Independent mortgage banks that had created fine-tuned systems for refinancing loans and had virtually no trained sales force to prospect for new purchase money business. Fine-tune your tech stack Once your team is in place, it’s time to empower them with the right technology.

Mortgage 466

Mortgage Technology Tools Business 466

Housing Wire

OCTOBER 14, 2021

But don’t expect UWM to jump aboard the crypto train just yet. As we said last quarter, we were going to look into accepting cryptocurrency and test it to see if it’s a faster, easier and cheaper solution and thanks to our innovative technology team members, the transactions were successful,” Ishbia said. Presented by: Mr. Cooper.

Technology 384

Technology Lending Training Mortgage 384

Housing Wire

APRIL 5, 2024

With civil rights bills like the Fair Housing Act (FHAct) and Equal Credit Opportunity Act (ECOA) now the law of the land, most lenders will note that they rely on supposedly objective borrower screening algorithms to make lending decisions. But the results tell a different story.

Mortgage 417

Mortgage Lending Buyers Property Management 417

Housing Wire

SEPTEMBER 20, 2022

There’s an opportunity here for risk and QC teams to encourage trust in the lending space through strong processes and review. Ensuring trust in lending opens doors for more creativity, such expansion of the credit box and additional products, ultimately increasing access to homeownership and therefore, expansion of the credit box.

Marketing 369

Marketing Training Clients Technology 369

Housing Wire

JUNE 30, 2021

By writing and maintaining all of the code along with investing heavily in putting together a world class modern IT infrastructure that efficiently leverages a mix of modern technologies like the public cloud and API based software architectures, UWM has been able to turn on a dime and stay well ahead of shifts in the market utilizing technology.

Tools 306

Tools Training Technology Clients 306

Housing Wire

MARCH 23, 2023

According to Hitz Mistry, chief marketing officer at Acra Lending , brokers offering non-QM products should market themselves as solution providers and choose the right lender partner to help them achieve their goals. To get started as a broker in the non-QM space, contact Acra Lending today. Why a solution provider?

Marketing 339

Marketing Lending Advertising Technology 339

Appraisal Buzz

JUNE 10, 2021

Through the partnership with SkillBridge, Clario’s training program will upskill and employ 35 active service members transitioning to civilian life in the next 12 months. To apply for the training program, visit this website. We specialize in real estate valuations for the mortgage lending and financial services industries.

Appraisal 370

Appraisal Valuation Training Real Estate 370

Housing Wire

JULY 28, 2022

In light of this, HousingWire recently caught up with Teraverde Chief Technology & Innovation Officer Rob Peterson to learn more about the key to lender profitability in today’s lending environment. Rob Peterson: Most segments of the economy have effectively adopted technology to reduce their costs. Louis computes a 34.7%

Technology 395

Technology Business Lending Training 395

Appraisal Buzz

JULY 18, 2022

ProxyPics partnered with technology innovators CubiCasa, a global Floor Plan provider, and FoxyAI, B2B PropTech leader in real estate visualization and property intelligence, to equip their trained data collectors, or Proxies, with powerful tools to complete the Property Data Report. About ProxyPics. About ProxyPics.

Training 221

Training Technology Mortgage Real Estate 221

Housing Wire

NOVEMBER 16, 2023

We’re using AI in every facet of everything that we have: in all of our existing systems, all of our existing products and then also in new technology and new products. JB: Even with volume down, we’re so committed to technology that my team continues to grow. SW: What’s the competitive advantage there?

Technology 441

Technology Training Development Mortgage 441

Appraisal Buzz

APRIL 15, 2024

Lenders, Lender Technology Providers, Appraisal Management Companies (AMCs), Appraisal Software Providers, and Appraisers will need to devote time and resources to this evolution. This necessitates innovation and adaptation, potentially narrowing the technological and market advantage that existing providers might have had.

Appraisal 397

Appraisal Design Lending Development 397

Housing Wire

MAY 2, 2022

The company’s job cuts include human resources, technology, talent acquisition, and executive assistant positions. Presented by: Acra Lending. Interfirst boasted of its ability to train people with no background in mortgage through a rigorous training course.

Human Resources 384

Human Resources Loan Officers Retail Training 384

Housing Wire

FEBRUARY 1, 2024

As a refresher, “redlining” means that no matter the features or amenities that a home provides, if the home is in a neighborhood with Black residents (homeowners or renters), traditional (and more affordable) lending and insurance would be denied — although a few sub-prime options tend to circle these communities like sharks.

Real Estate 410

Real Estate Appraisal Insurance Training 410

Housing Wire

FEBRUARY 18, 2022

The creation of the PAVE Task Force and the imminent publication of its findings may very well create shockwaves in the entire lending arena. Since the 1930s, appraisers have largely been trained the same way — the supervisor/trainee mentorship model. It’s my hope that appraisers can be part of the solutions.

Training 384

Training Valuation Appraisal Real Estate 384

Housing Wire

JULY 31, 2022

Unlike other solutions, Solex from Docutech is a fully integrated, end-to-end eClose solution meaning lenders work with only one vendor and implement one technology. Adam Stern, Chief Technology Officer, Docutech. Documents are also generated in seconds and do not have a delay when creating the eClose sessions.

Technology 370

Technology Clients Agents Training 370

Housing Wire

APRIL 30, 2021

As homebuyers increasingly demand personal, service-driven experiences with their mortgage providers, community lending teams are well-positioned to capture business via the strong relationships they excel at creating. Despite their unique strengths, community lenders face significant hurdles in competing with the industry’s mega-lenders.

Marketing 303

Marketing Technology Lending Business 303

Housing Wire

AUGUST 7, 2020

In today’s low-rate environment, wholesale mortgage lending continues to grow, making up more than 20% market share. Nichols pointed out that after the 2008 financial crisis, wholesale lending began using technology that helped match pace with the processes of retail lenders. I mean we’re talking up to 30 years,” Nichols said.

Retail 370

Retail Mortgage Loan Officers Marketing 370

Housing Wire

JUNE 10, 2022

Mortgage lender and servicer Planet Home Lending also named Kathryn Edelen as regional vice president of its sales division this week. Erickson will be in charge of product management, the procurement and advancement of technology solutions and will oversee the training department and support teams for Motto Mortgage and wemlo.

Marketing 410

Marketing Real Estate Agent Lending Real Estate 410

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? Underwriters are trained as desktop underwriters (DUs). It’s not subprime lending. Scaling is hard.”.

Lending 384

Lending Investors Mortgage Clients 384

Housing Wire

MARCH 10, 2023

For the new value acceptance plus property data option, third parties are authorized to do that collection at the property site, as long as lenders verify that they have a background check, have been “professionally trained” and are competent to do that collection.

Valuation 384

Valuation Inspection Training Appraisal 384

Housing Wire

SEPTEMBER 16, 2022

Looking for a quick and easy way to stay up-to-date on mortgage lending news, trends and technology? This podcast not only includes episodes geared specifically toward mortgage professionals, but also features content on personal finance, career advice, sales training, business mentorship and more. Mortgage Lending Mastery.

Loan Officers 410

Loan Officers Mortgage Lending Modernization 410

Housing Wire

SEPTEMBER 9, 2021

Dave Sheeler, president of residential servicing and correspondent lending at Freedom Mortgage. This year’s list of HousingWire Insiders radiate influence well beyond the walls of their individual companies, providing the infrastructure that upholds the whole industry. To read the other two Q&As in the magazine, go here.

Mortgage 396

Mortgage Lending Training Finance 396

Housing Wire

JUNE 17, 2022

It truly is time for lenders to consider how technology can improve this part of the mortgage process and reduce turn time. Amanda Hill: My first job for a small but innovative bank when I was still in college…I started as a teller, but when I was bored, they taught me to assist in other areas and lending captured my interest!

Modernization 380

Modernization Inventory Tools Lending 380

Housing Wire

DECEMBER 7, 2023

One of the advancements this year has been the adoption of new technology platforms like chatGPT, using AI to mimic somebody’s voice to spoof phone numbers. It’s causing us in the industry — title settlement, real estate, mortgage lending, the attorneys — to rethink, can you even trust a voicemail?

Real Estate 450

Real Estate Sellers Technology Real Estate Agent 450

Housing Wire

DECEMBER 13, 2021

Serving some of the top organizations in the real estate and lending space is a privilege,” said Jason Mitchell, president of JMG. Technology plays a key role in managing a platform like JMG, where each real estate agent is under the JMG brokerage umbrella. Technology plays a vital role in this.

Real Estate 421

Real Estate Real Estate Agent Agents Clients 421

Housing Wire

AUGUST 3, 2021

According to the Detroit-based company, it will be leveraging the same technology, data and client experience used in the mortgage, real estate and personal lending spaces “to help Americans make their home more energy efficient.”. PACE programs are also not regulated as heavily as other financial services, including mortgage lending.

Mortgage 421

Mortgage Clients Lending Technology 421

Housing Wire

SEPTEMBER 22, 2020

This is not a suggestion where you drop what you’re doing, push your production team into training and staff up the compliance department. But many of us don’t have huge compliance teams—maybe an officer or two or a consultant and a committee combined with some technology. Again, this takes resources (people and technology).

Training 396

Training Lending Loan Officers Technology 396