Housing Wire

DECEMBER 27, 2023

With its four largest firms all at least 100 years old, the title insurance industry has a bit of a reputation for being antiquated and technology averse. “I The title industry has worked hard over the last few years to shed that reputation. Not only did it take a lot of time, but it cost a lot of money.

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Title Industrial Title search Technology 408

Housing Wire

FEBRUARY 23, 2023

When people think about the title insurance industry , what comes to mind is often its core products – title insurance policies that protect property rights of homeowners and lenders. As an industry, our commitment to protection goes beyond title insurance policies. As an industry, we united against these unfair fee agreements.

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Housing Wire

FEBRUARY 14, 2023

Benchmark Administration (IBA) , will take on a new role as president of ICE Mortgage Technology starting on March 1. Bowler will be in charge of ICE’s business segment, which is focused on automating elements of the mortgage industry and delivered a revenue of $1.1 Timothy Bowler, president of Intercontinental Exchange, Inc.

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Technology Mortgages Lending Loans 355

Housing Wire

JUNE 8, 2023

Encompass by ICE Mortgage Technology is the industry’s most complete end-to-end solution that provides the flexibility and configurability needed to deliver a next-generation lending experience for every channel, all from a single system of record.

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Technology Mortgages Lending Equity 348

Housing Wire

OCTOBER 31, 2023

HousingWire recently spoke to Sandra Madigan, EVP of product strategy – servicing technology at ICE Mortgage Technology , about improving the home buying and ownership experience with technology and how the industry can do so thoughtfully. I compare it to how people felt before the iPhone came out.

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Technology Loan Officer Loans Banks 369

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?

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Technology Lending Mortgages Industrial 349

Housing Wire

NOVEMBER 3, 2020

The mortgage industry is no stranger to disruption since the onset of the COVID-19 pandemic. As the premier provider of software, data and analytics solutions to the mortgage and capital markets industries, Black Knight further strengthened its position as a market leader with the acquisition of Optimal Blue in September 2020.

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Industrial Closing Loans Lending 361

Housing Wire

SEPTEMBER 26, 2023

Mortgage Machine Services , a digital origination technology provider, has appointed Dan McGrew as director of sales. “The recent launch of our namesake LOS is only the beginning, and we look forward to Dan’s assistance in helping lenders harness the power of our current and future digital lending technology releases.”

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Sales Mortgages Technology Lending 351

Housing Wire

JUNE 5, 2023

Click here to nominate an industry insider — a client, colleague, boss or friend — it can even be you! For eight years, HousingWire’s Insiders award has been recognizing the high-achieving industry pros whose roles require them to work behind the scenes while making a major impact within their organizations.

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Housing Wire

NOVEMBER 2, 2023

Intercontinental Exchange (ICE) Mortgage Technology reported an adjusted operating income of $131 million in the third quarter of 2023, up from Q3 2022’s $126 million — despite the headwinds the mortgage industry is facing. ICE expects to have its second-best year for MSP sales since 2017. from Q3 2022’s $276 million.

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Industrial Mortgages Technology Loan Officer 253

Housing Wire

DECEMBER 26, 2022

With the housing market slowing down from its pandemic-fueled frenzy, wire fraud threats, regulatory challenges and the perennial challenge of an aging workforce, the title insurance industry will have a lot to juggle in the new year. For the title insurance industry, she feels this will result in a thinning of the herd.

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Title Industrial Closing costs Closing 470

Housing Wire

FEBRUARY 8, 2024

Intercontinental Exchange (ICE) Mortgage Technology reported an improved adjusted operating income of $193 million in the fourth quarter of 2023, up 98% from one year earlier and fueled by record sales of its loan origination system (LOS) Encompass. Full year mortgage technology revenues were $1.3 billion, up from $1.1

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Loans Sales Technology Banks 315

Housing Wire

OCTOBER 12, 2023

As existing-home sales continue to slide and mortgage rates rise ever higher, all but eliminating any hope for refinance transactions, the title insurance industry is doubling down on technology. At the same time, firms overlook the cultural impact the technologies could have, causing us to underestimate their impact on society.

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Title Industrial Land Technology 340

Housing Wire

SEPTEMBER 1, 2022

It’s becoming clear that the settlement services industry, long reluctant to adopt new technology, is finally moving in the direction of comprehensive automation. For an industry where processes, clientele and compliance requirements vary dramatically from state to state or even county to county, this is great news. The result?

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Title Industrial Technology Title search 393

Housing Wire

JUNE 24, 2022

Texas lender Mid America Mortgage rebranded as Click n’ Close to expand into the mortgage technology industry following the sale of the majority of its retail lending operations. The post Mid America Mortgage rebrands to Click n’ Close appeared first on HousingWire.

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Housing Wire

OCTOBER 6, 2020

Talk to any mortgage technologist about the future of the industry and two topics will emerge immediately: big data and smarter automation. I know this because this is what we’ve been talking about in our industry for the past decade. Lending technology out of focus. Lending technology out of focus.

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Technology Mortgages Loan Officer Loans 441

Housing Wire

JUNE 8, 2023

The title insurance industry is on the front lines in a never-ending war with the fraudsters. As the industry has gotten better at combatting wire fraud and even the more recent seller impersonation fraud , criminals looking for larger paydays have turned to mortgage payoffs. Can you afford to lose a million dollars?

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Housing Wire

OCTOBER 3, 2022

Encompass by ICE Mortgage Technology is the industry’s most complete end-to-end solution that provides the flexibility and configurability needed to deliver a next-generation lending experience for every channel, all from a single system of record.

Technology 303

Technology Mortgages Lending Equity 303

Housing Wire

OCTOBER 1, 2021

However, the Federal Trade Commission delayed the deal’s close by extending the review period. How can we innovate and leverage technology to make the real estate transaction even better by fueling the process with certainty. The post Zillow’s purchase of ShowingTime closes appeared first on HousingWire. Learn more here.

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Housing Wire

JULY 19, 2022

We interviewed more than 25 mortgage industry experts to gather the best insights, strategies, and recommendations to pivot and win in today’s market. Notable trends in a new era of sales. Innovations in technology. For millennials, this is the way they expect to be empowered through technology and mobile devices.

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Industrial Mortgages Loan Officer Technology 375

Housing Wire

MAY 9, 2024

The quarter’s positive performance was supported by increased origination volumes at improved margins and servicing sales, which resulted in a non-GAAP net income of $141 million from January to March, compared to a $361 million loss in the previous quarter. billion in closed loan volume from January to March.

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Housing Wire

FEBRUARY 13, 2024

TRAiNED named Mark Cunningham, a co-founder of Sales Boomerang , as its new CEO. It also hired Arend de Jong , co-founder and former chief financial officer of Sales Boomerang, as CFO, the company announced. He was named a 2021 HW Insider after Sales Boomerang debuted in the top 5% of the Inc. Mortgage tech firm TRAiNED Inc.

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Housing Wire

JULY 31, 2022

The pandemic transformed traditional business practices and gave way to a digital revolution that has impacted nearly every industry. This demand for digital business solutions is here to stay and leaders in the mortgage industry are adapting to the changing needs of borrowers everywhere.

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Housing Wire

SEPTEMBER 11, 2023

Proptech firm Flyhomes has entered into an agreement to purchase Innovative Holdings, LLC’s “buy before you sell” platform Home Sale Assured. Founded in 2022 by Eric Meadow, Home Sale Assured produces a “Guaranteed Backup” options contract, which enables existing homeowners to buy their next home before closing the sale of their current home.

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Debt-to-income ratio Sales Purchase and sale agreement Loans 337

Housing Wire

MAY 9, 2022

Closing costs for homeowners who jumped on the refi wave in 2021 increased at less than one-third the pace of closing costs for home purchases as homebuyers had to cope with a hot market that fueled higher home-sale prices and related settlement costs. How to avoid home closing delays in 2022. Washington, D.C.,

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Closing costs Closing Loans Title 345

Housing Wire

DECEMBER 2, 2020

Prior to 2020, the mantra around the mortgage industry going back to 2016 was that launching a new “digital experience” was the equivalent to table stakes in poker. The message was clear: if you weren’t already invested in new digital mortgage experience, then your competition already beat you to the sale.

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Industrial Mortgages Lending Technology 321

Housing Wire

JANUARY 14, 2021

The mortgage industry has not traditionally been the vanguard of digital adoption, particularly in data intelligence and applied machine learning. It has brought in interactive technology and cognitive business process tools as resiliency responses to the crisis. E-Everything (e-closing and virtual transactions).

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Industrial Mortgages Lending Loans 477

Housing Wire

JULY 27, 2021

Michael Franco: The last two years in the mortgage industry have certainly been unique. Origination volume doubled expectations and wide gain-on-sale margins brought on by record low mortgage rates forced the industry to increase their capacity to meet surging loan demand.

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Industrial Mortgages Lending Due diligence 382

Housing Wire

FEBRUARY 9, 2022

While the real estate industry has witnessed the introduction of a number of spectacular and innovative developments in recent years, we still (sometimes unfairly) get tagged as “old fashioned” or “conservative.” Why is the industry still transferring money the old-fashioned way? There’s really no experience quite like buying a home.

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Housing Wire

MAY 23, 2023

Problems with the current state of appraisals One of the current problems with appraisal is the barrier to entry, said Dawn Svedberg, vice president of sales for Tavant. Tara Dugan, who works in marketing and real estate for Tavant, said that technology should focus on integrations and aggregations.

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Technology Lending Inspection As-is 340

Housing Wire

OCTOBER 31, 2022

By the end of 2022, roughly 50 merger or acquisition (M&A) transactions will be announced or closed, which is 50% more than 2018 — the record year for lender consolidation, according to Stratmor Group. The expectation of continued margin compression in 2023 and 2024 has resulted in the onset of industry consolidation,” Hrobon said.

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Industrial Mortgages Principal Loans 320

Housing Wire

SEPTEMBER 15, 2020

The virtual notary services industry has become increasingly popular amid the COVID-19 pandemic as businesses have adopted remote signatures to adhere to social distancing protocols while closing on mortgages and other loans. Borrowers can complete the closing from the comfort and safety of their own homes,” she said. “If

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Closing Loans Banks Investor 454

Housing Wire

MARCH 18, 2024

Intercontinental Exchange (ICE) Mortgage Technology introduced two new tools, Validate ROV and Validate Selector, to its growing suite of property valuation solutions, the company announced on Monday. Regulators are paying close attention to valuations for many valid reasons.

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Technology Inspection Investor Mortgages 351

Housing Wire

DECEMBER 17, 2021

As we approach 2022, some concerning headwinds confront the mortgage origination industry. As it is vital to closely follow performance metrics for early detection of risks and other negative issues, establish key performance indicators to monitor critical elements like labor utilization, cost to produce and production per FTE.

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Industrial Mortgages Development Loans 357

Housing Wire

MARCH 7, 2022

Worldwide sales of non-fungible tokens, better known – of course – as NFTs, catapulted from $94.9 But Ethereum was the first with a blockchain that enabled NFT sales. In this particular sale, Heckler worked out an arrangement to receive the commission distribution after the winning bid. million in 2020 to $24.9

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Sales Purchase and sale agreement Title Inspection 461

Housing Wire

DECEMBER 13, 2022

million existing home sales in 2023, down 6.8% million existing home sales expected to close in 2022. million existing homes sold in 2022 already represent a 16% year-over-year decrease and the lowest number of existing home sales since 2014. The National Association of Realtors predicts there will be 4.78 from the 5.13

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Sales Fixed-rate mortgage Mortgages Industrial 402

Housing Wire

SEPTEMBER 18, 2020

As lenders continue to adjust to a new normal, the pivotal role of technology has become increasingly clear in maximizing productivity and keeping lending pipelines flowing. HousingWire: How has COVID-19 impacted technology strategies for mortgage lenders? But they won’t stay open long – nominations close on September 25, 2020.

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Industrial Lending Technology Loans 397