Housing Wire

JANUARY 22, 2024

Lux joins the mortgage tech company from Cenlar FSB , the nation’s largest subservicer, where he served as executive vice president and chief operating officer for the past six years leading their entire servicing and technology operation.

Technology 314

Technology Principal Commercial Loans 314

Housing Wire

MARCH 1, 2023

For decades, the housing industry has viewed climate risk as a fairly straightforward issue. However, the ramifications of climate risk are now being felt throughout the broader industry, especially as a larger and larger percentage of this damage comes in the form of uninsured losses. You build the home to code.

Industrial 345

Industrial Banks Loans Design 345

Housing Wire

MAY 2, 2024

The Federal Housing Finance Agency (FHFA) also recently appointed an AI “czar” to oversee the agency’s policy approach to the technology. The meteoric rise of generative AI technology has created several concerns in the housing and mortgage industries.

Technology 350

Technology Principal Finance Development 350

Housing Wire

MARCH 15, 2024

So why aren’t more commercial real estate (CRE) entities – investors , principals, banks, law firms or developers – seeking the same? A significant opportunity To be sure, there are title agencies eager to partner with CRE principals and funds. Market conditions have certainly trended downward for residential or commercial real estate.

Commercial 370

Commercial Brokerage Due diligence Title 370

Housing Wire

MARCH 19, 2024

Lewisville, Texas-based property services company MCS announced last week that it acquired Five Brothers Asset Management Solutions , a deal which brings MCS into the reverse mortgage industry for the first time, according to an announcement by the company. Five Brothers, headquartered in Warren, Mich.,

Mortgages 352

Mortgages Principal Commercial Real-estate owned 352

Housing Wire

OCTOBER 31, 2022

The increased M&A activity to-date has been fueled primarily by two factors: 1) pent-up demand for retirement by aged owners who achieved lifetime net worth objectives, and 2) the current industry challenges with more storm clouds on the horizon,” David Hrobon, principal at Stratmor wrote in its October Insights Report. “The

Industrial 320

Industrial Mortgages Principal Loans 320

Housing Wire

SEPTEMBER 26, 2023

The team of three, led by principal Liz Quinn, was previously affiliated with Realty Executives. Realty Group hopes to leverage the Compass client referrals network, along with the brokerage’s strategic support and end-to-end technology platform. “Our Quinn & Co. We are thrilled to welcome Quinn & Co. Quinn & Co.

Principal 364

Principal Technology Agents Industrial 364

Housing Wire

DECEMBER 14, 2023

Of the nine open board of director seats, four went to MLS or Realtor association representatives and five went to members representing technology companies, developers, partners or consultants. The Real Estate Standards Organization is welcoming many new and returning board of director members in 2024.

MLS 359

MLS Technology Principal Industrial 359

Housing Wire

NOVEMBER 7, 2023

The company also increased its agents count by 4%, reaching 14,055 principal agents in Q3. That’s a 4% year-over-year increase of 511 principal agents since Q3 2022 and a 3% increase of 422 agents compared to the second quarter of 2023. Revenue decreased by 10% year over year to $1.34 Revenue was revised down to $241.20

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Principal MLS Agents Brokerage 338

Housing Wire

MARCH 5, 2024

A mortgage industry veteran, Vas has served since October 2023 as the president of tech company Pagaya Technologies Ltd., Two Harbors’ originations business will hedge its servicing portfolio of $216 billion in unpaid principal balance (UPB) as of Dec. Kasnet, chairman of Two Harbors, said in a statement.

Principal 318

Principal Commercial Loans Mortgages 318

Housing Wire

MAY 9, 2024

With our strong balance sheet position, we are executing judiciously across all our capital priorities including investing in our organic growth, selectively pursuing accretive acquisitions, and enhancing technology and servicing capabilities, while also returning capital to stockholders.” Net revenue sharply increased to $231.8

Principal 287

Principal Technology Mortgages Loans 287

Housing Wire

OCTOBER 13, 2023

The Connecticut-based Beinfield Team returned to Compass , the company announced on Tuesday. “This transition is all about securing the future success of my team,” Liz Beinfield, the team’s principal agent, said in a statement.

Principal 386

Principal Brokerage Agents Technology 386

Housing Wire

JULY 12, 2023

BlackFin Group announced on Wednesday the appointment of Christopher Call as the principal consultant on the BlackFin Group Professional Services team. Founded in 2019, BlackFin Group is a management consulting firm specializing in strategic guidance, operational expertise, and innovative solutions for the banking and mortgage industries.

Principal 290

Principal Technology Banks Mortgages 290

Housing Wire

APRIL 24, 2024

Thanks to our strategic emphasis on technology, including years of investment in AI and the cloud, Mr. Cooper is well positioned to provide our customers with world-class service, operate as a trusted counterparty for our industry stakeholders, and grow and sustain investor returns.” billion in unpaid principal balance (UPB).

Equity 294

Equity Lending Principal Technology 294

Housing Wire

DECEMBER 14, 2022

Mortgage Industry Standards Maintenance Organization (MISMO), the organization tasked with developing standards for the mortgage finance industry, appointed vice president of operations Jan Davis as its acting president. Department of Housing and Urban Development (HUD) and principal executive vice president of Ginnie Mae.

Principal 328

Principal Development Finance Industrial 328

Housing Wire

MARCH 5, 2024

A mortgage industry veteran, Das has served since October 2023 as the president of tech company Pagaya Technologies Ltd., Two Harbors’ originations business will hedge its servicing portfolio of $216 billion in unpaid principal balance (UPB) as of Dec. Kasnet, chairman of Two Harbors, said in a statement.

Principal 195

Principal Commercial Loans Mortgages 195

Housing Wire

FEBRUARY 2, 2021

The total principal value of the digital pools came to about $24 million. This event is the culmination of efforts by numerous internal and external stakeholders in our digital initiatives, including issuers, document custodians, warehouse lenders, technology providers and other industry partners.”. Presented by: CoreLogic.

Principal 418

Principal Closing Loans Mortgages 418

Housing Wire

FEBRUARY 16, 2023

LauraMac, a provider of mortgage loan review SaaS technology, has appointed Rick Seehausen as its chief strategy officer. Seehausen’s professional career spans nearly three decades in the mortgage industry. Launched in 2019, the company’s technology serves companies that acquire assets in the secondary market.

Loans 296

Loans Principal Technology Development 296

Housing Wire

AUGUST 12, 2022

Fannie Mae has launched its fourth reperforming-loan sale of the year — an offering of 6,130 loans with an unpaid principal balance of $997 million. million in unpaid principal balance; pool 2 is at $342.5 Freddie Mac updates risk mitigation requirements for the industry due to elevated cybersecurity threats.

Loans 377

Loans Purchase and sale agreement Principal Due diligence 377

Housing Wire

MARCH 7, 2024

billion in funded loan volume from 2018 through 2023, and it noted that there have yet to be any “principal loss in respect of [proprietary reverse loan securitization] bonds.” We are firmly positioned as the leading provider of modern retirement solutions with the potential to reach tens of millions of customers nationwide,” he said.

Mortgages 335

Mortgages Marketing Equity Finance 335

Housing Wire

AUGUST 25, 2022

As part of that, we continue to develop technology that helps businesses engineer full end-to-end purchase and refinance experiences. The API makes it easy for businesses to expand without an expensive and timely investment in custom built technology.”. Qualia is not the only closing software firm working on improving integration.

Title 356

Title Principal Commercial Technology 356

Housing Wire

APRIL 1, 2024

Affordability has always been a challenge,” said Ashkán Zandieh, managing partner and industry chair at the Center for Real Estate Technology and Innovation. “In The notes were originated by Unlock Technologies, issued by private investment firm Saluda Grade and rated by DBRS Morningstar. The annual investment volume in the U.S.

Equity 379

Equity Finance Purchase and sale agreement Investor 379

Housing Wire

FEBRUARY 15, 2023

TrustEngine, led by CEO Rich Harris, said borrower intelligence platforms are rapidly gaining traction as mandatory technology for modern mortgage lenders. In January 2022, Sam Ryder, principal at LLR Partners, cited the companies’ solutions products as the reason for the capital investment.

Sales 318

Sales Mortgages Loans Loan Officer 318

Realty Biz

JULY 1, 2022

NYSE: COMP), a leading technology-enabled residential real estate brokerage, today announced the appointment of Dawanna Williams to its board of directors effective July 1, 2022. Williams currently serves as Founder and Managing Principal of Dabar Development Partners. Williams has decades of experience in the real estate industry.

Principal 86

Principal Development Brokerage Residential 86

Housing Wire

MAY 9, 2024

“I said we expected 2024 to be a better year for the housing and mortgage industries, and the first quarter supports what I expected.” ” UWM has focused on other ways to help brokers, such as investing in technology, he said. billion in unpaid principal balance (UPB), compared to $299.5 million in cash.

Sales 238

Sales Principal Loans Mortgages 238

Housing Wire

JANUARY 8, 2021

Moving forward, the Mortgage Industry Standards Maintenance Organization , a not-for-profit subsidiary of the Mortgage Bankers Association , will continue to focus on digital closings. MBA President and CEO Bob Broeksmit explained that Appleton was brought on in order to usher MISMO and the housing industry into the digital future.

Development 448

Development Industrial Technology Principal 448

Housing Wire

DECEMBER 11, 2023

The mortgage rate dip is welcome news for the housing market, but loan originators and industry executives emphasized that rates need to decline further and remain stable to reinvigorate buyers’ demand. There’s been increased activity in the last two weeks [more] than the last two months. If we compare 24 months ago, demand is way off.

Mortgages 450

Mortgages Fixed-rate mortgage Equity Loans 450

Housing Wire

FEBRUARY 2, 2024

That’s despite a net loss in the last quarter of the year attributable to the resolution of a long-standing arbitration process with Black Knight regarding its servicing technology and losses in mortgage servicing rights (MSR) fair value. billion in unpaid principal balance (UPB) in 2023, down 9% year over year.

Technology 348

Technology Loans Principal Mortgages 348

Housing Wire

NOVEMBER 19, 2020

Digital notary platform NotaryCam announced on Wednesday it has been awarded the Remote Online Notarization (RON) Compliance Certification through the Mortgage Industry Standard Maintenance Organization (MISMO) – making it the eighth company to receive the specialized certification.

Principal 424

Principal Technology Development Mortgages 424

Housing Wire

AUGUST 4, 2022

Angel Hernandez, vice president of industry and regulatory affairs at Stavvy , is moderating the panel and will tap into his background in housing policy and regulation to ask the questions you need to know to strategically drive your business forward. million loans with an unpaid principal balance of more than $1.2

Principal 383

Principal Title Mortgages Industrial 383

Housing Wire

JANUARY 12, 2024

Some companies in this space are better than others, but overall, the industry can give itself at least an A- in this category. Some companies in this space are better than others, but overall, the industry can give itself at least an A- in this category. Principal among these are: Invested capital “requires” the highest return.

Finance 353

Finance Principal Residential Development 353

Housing Wire

FEBRUARY 14, 2024

Analysts in the mortgage industry are projecting that 2024 will be a better year than 2023 across the board. Servicing software APIs simplify in-house servicing Digital technologies can help lenders reduce errors, costs, and processing times, delivering better service. According to J.D. Power’s 2023 U.S.

Investor 312

Investor Loans Mortgages Principal 312

RIS Media

MAY 9, 2022

The metaverse and blockchain technology could have a significant impact on the future of real estate, according to experts at the 2022 REALTORS® Legislative Meetings. Jane Dzielski, Google’s principal analytical lead, kicked off the session with a presentation on data trends in the real estate sector. in 2020 and 4.6% in 2019.

Industrial 96

Industrial Technology Finance Principal 96

Housing Wire

JUNE 28, 2022

In January, Sam Ryder, principal at LLR Partners, cited the companies’ solutions products as the reason for the capital investment. The two companies’ technology solutions are already tightly integrated and the relationship between their executives was a bonus to LLR Partners, Ryder told HousingWire in January.

Sales 376

Sales Mortgages Loan Officer Principal 376

Housing Wire

DECEMBER 15, 2021

According to Ledn, if Bitcoin prices drop, the client needs to deposit more collateral or pay down some of the principal. Some banks, lenders, and fintechs are testing the technology, but the lack of regulatory clarity and fears of volatility have kept these currencies from becoming fully integrated into products and services. .

Mortgages 413

Mortgages Lending Banks Investor 413

Housing Wire

MAY 6, 2022

The firm’s earnings were driven by its servicing portfolio and about $520 billion in unpaid principal balance, said David Spector, chairman and chief executive officer of PennyMac in an earnings call. billion in unpaid principal balance, down 36% from the previous quarter and 32% from the first quarter of 2021. million, down from $106.5

Principal 327

Principal Loans Technology Mortgages 327

Housing Wire

JANUARY 5, 2022

Reverse Mortgage Funding, LLC (RMF) has acquired a portfolio of mortgage servicing rights (MSRs) and other assets from industry-leading lender American Advisors Group (AAG), which consists of more than 75,000 loans totaling $12.1 billion in unpaid principal balance (UPB). Terms for the deal have not been disclosed.

Mortgages 352

Mortgages Principal Loans Industrial 352