Housing Wire

MARCH 6, 2024

They also come as the mortgage industry is making efforts to adopt artificial intelligence solutions to improve productivity and better assist customers. Follette, who joined Pennymac 12 years ago, became the company’s senior managing director and chief mortgage operations officer in 2022.

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Technology Principal Commercial Mortgages 373

Housing Wire

FEBRUARY 27, 2024

Why I see these issues the way I do I currently serve as CEO of a minority-owned asset management company focused on facilitating transactions that deliver high-yield returns for investors. If you want a high return, you’re more likely to find it in portfolios of distressed assets and REOs. I also know the inner city.

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Housing Wire

NOVEMBER 27, 2023

HousingWire recently spoke with David Bernard, senior managing director of Specialized Mortgage Services at Western Alliance Bank , Member FDIC, about warehouse lending and how the warehouse sector and mortgage finance have progressed and continue to evolve. Western Alliance Bank transformed this model over a decade ago.

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Banks Lending Finance Mortgages 325

Housing Wire

FEBRUARY 21, 2024

An affiliate of Paceline Equity Partners LLC , a private equity manager based in Texas, completed a debt investment in a subsidiary of Constellation Software Inc. Optimal Blue — a provider of secondary market solutions and actionable data services — facilitates more than $1.1 billion megadeal announced in May 2022.

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Equity Loans Mortgages Finance 305

Housing Wire

APRIL 18, 2024

Data courtesy of Sterling Point Advisors and Augment Analytics Brett Ludden is managing director and co-head of the financial services team at Sterling Point Advisors, a merger and acquisitions advisory firm. He is also the co-founder and managing partner of Augment Analytics. That’s a much better outcome and solution for the industry.”

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Loans Due diligence Investor Technology 368

Housing Wire

APRIL 12, 2024

As artificial intelligence continues to grow in prominence, mortgage professionals “must carefully evaluate and manage” their use of AI and “focus on deriving the benefits while avoiding potentially catastrophic risks.” In 2022, it launched a practice dedicated to reverse mortgages.

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Housing Wire

NOVEMBER 8, 2023

Property services provider SingleSource Property Solutions has launched a new data collection solution for appraisal supported by SingleVue, its new mobile app, the company announced on Tuesday. This new suite of products will be of service to lenders for the Fannie Mae value acceptance + property data initiative.

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Inspection Title Loans Industrial 299

Housing Wire

APRIL 25, 2023

Tavant , a Silicon Valley-based digital lending solutions provider, is adding a new product called Asset Analysis to its AI-powered digital lending platform, Touchless Lending. The solution automates the loan production process, allowing lenders to originate mortgages quicker while reducing costs and repurchasing risks.

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Lending Banks Loan Officer Loans 300

Housing Wire

APRIL 16, 2024

Woods said that such a loan isn’t “free money,” but added that it could be a viable solution for the right borrower. “It It is definitely appealing to folks who are strapped for cash day to day, but their home is maybe the only big asset that they have. But we should mention reverse mortgages don’t have the best reputation,” he said.

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Mortgages Equity Title Loans 411

Housing Wire

DECEMBER 1, 2022

“Smart home technology, whether it be keyless entry locks, smart thermostats or leak sensors, these are all things that, five or six years ago, were still pretty new to the marketplace,” said Andre Sanchez, COO of Rently, a smart home and self-guided touring solutions provider.

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Technology Marketing Property Management Investor 543

Housing Wire

APRIL 22, 2024

Earlier this month, California-based multichannel mortgage lender CMG Financial announced that it had acquired Norcom Mortgage ’s retail assets to expand its operations in the Northeast. Reverse mortgages provide the solution that so many of our seniors need,“ he said.

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Lending Mortgages Loans Land 350

Housing Wire

JULY 31, 2022

In an increasingly digital-first age, businesses are targeting solutions that provide convenience and speed, allowing their customers to make everyday transactions without stepping outside their homes. Wolters Kluwer provides lenders with a compliant solution from doc prep through selling eNotes on the secondary markets.

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Lending Equity Technology Banks 315

Housing Wire

AUGUST 16, 2022

Voxtur, which has been on a buying binge over the last few years, plans to combine Blue Water’s capital markets SaaS platform with its own constellation of real estate solutions. Blue Water provides asset valuation, MSR distribution, MSR hedging and digital solutions to MSR investors and mortgage lenders.

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Technology Equity Investor Construction 297

Housing Wire

OCTOBER 9, 2020

Prior to this new position, Supancich served as senior vice president and global chief human resources officer at Kelly Services , a Fortune 500 company that specializes in workforce management solutions for employers worldwide. The post People movers: Home Point Financial, Kukun, Kairoi Residential appeared first on HousingWire.

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Housing Wire

SEPTEMBER 13, 2022

It is expected to close by the end of the third quarter, according to Fitch Group, which also is the parent of data, research and analytics provider Fitch Solutions. Once the acquisition is completed, dv01, founded in 2014, will operate as a subsidiary of Fitch solutions.

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Due diligence Marketing Finance Loans 309

Housing Wire

JULY 6, 2023

” By leveraging First American’s industry-leading data assets and proprietary technologies, Mulkey’s goal is to accelerate the company’s product development efforts. This content was generated using AI and was edited by HousingWire’s editors.

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Technology Development Title Banks 295

Housing Wire

SEPTEMBER 14, 2021

Covius, formerly known as LenderLive , said 670 employees of NTC will be joining the firm once the deal closes, including senior management. NTC’s market-leading solutions strategically complement Covius’ existing broad offerings.”. Both Covius and NTC have made HousingWire Tech100 lists in recent years , and NTC was named to Inc.

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Title Due diligence Closing Loans 368

Housing Wire

MARCH 1, 2023

managing director of Opteon, said in the statement. “Real estate is often the largest asset and source of wealth for the average American and Opteon will be the trusted advisor for consumers at a nationwide level.” Last December, the company promoted Lee Trice to managing director of Opteon USA.

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Technology Industrial 328

Housing Wire

SEPTEMBER 21, 2022

Cincinnati-based Fifth Third Bank NA, part of Fifth Third Bancorp, a regional lender with some $207 billion in assets, has launched a new warehouse-financing arm that will serve independent mortgage bankers. Our resources and focus on relationships position us to provide solutions to our clients’ most pressing business problems.”.

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Lending Banks Commercial Finance 377

Housing Wire

APRIL 1, 2024

We do see this as a new asset class in the real estate ecosystem and we see it as complementary to traditional debt options that exist today,” Burnett said. Affordability has always been a challenge,” said Ashkán Zandieh, managing partner and industry chair at the Center for Real Estate Technology and Innovation. “In

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Equity Finance Purchase and sale agreement Investor 380

Housing Wire

JUNE 12, 2023

HomeZada , a cloud-based platform for digital home management, announced on Monday that it has added Zada, an AI chat assistant, to the suite of apps on its platform. “HomeZada’s mission is to allow homeowners to access all the data about their largest financial asset in one place,” HomeZada co-founder John Bodrozic said.

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Technology Branding Finance Design 354

Housing Wire

APRIL 3, 2023

“Our goal is to ensure every homeowner has the support they need to make informed decisions and manage their mortgage with ease,” Toby Wells, president of Cornerstone Servicing said in a statement. Cornerstone Servicing ’s client portal provides complete, real-time portfolio analytics and loan-level data to enable smart portfolio management.

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Banks Loan Officer Lending Loans 329

Housing Wire

AUGUST 17, 2022

Inco-Check, a provider of QC and audit solutions, was founded in 2000 and acquired in May by Narrow Gauge Capital. We are proud of our heritage and excited about our plans to further assist our client partners with their enterprise quality control, audit and risk management needs.”.

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Loans Branding Banks Investor 353

Housing Wire

FEBRUARY 16, 2023

Black Knight will integrate Wolters Kluwer ‘s eNote and eVault capabilities in order to cut lenders’ costs per transaction and secure their clients’ electronically signed assets. Using the eVault helps clients securely manage their electronically signed assets throughout the entire post-execution loan life cycle.

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Technology Loans Closing Mortgages 275

Housing Wire

MAY 17, 2022

” Inco-Check offers nine software solutions including loan servicing audits and fraud risk management solutions to banks, credit unions, and lenders nationwide, according to its website. In 2018, the firm acquired Class Appraisal, a real estate asset valuation and appraisal management solutions provider. .

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Equity Investor Lending Technology 307

Housing Wire

FEBRUARY 16, 2022

HousingWire recently sat down with Steve Meirink, executive vice president and general manager, Compliance Solutions, Wolters Kluwer’s Governance, Risk and Compliance Division, to discuss the impact of digital technology on mortgage and the future of digital lending in an era of accelerated innovation and digital transformation.

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Lending Loans Technology Loan Officer 326

Housing Wire

MARCH 7, 2022

The platform is managed by a subsidiary of Altisource Portfolio Solutions , a service provider and marketplace for the real estate and mortgage industries. Members can order and receive cooperative solutions without human intervention. .

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Mortgages Equity Loans Lending 457

Housing Wire

JUNE 2, 2022

“The way that we like to look at solving that problem is through a click of a button, distributing the loan at an even price to sell that to a cadre of investors,” Al Qureshi, managing partner at Blue Water Financial Technologies , said on Thursday during IMN ‘s third annual Non-QM Forum in California. That takes a lot of time.

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Lending Loans Mortgages Investor 346

Housing Wire

NOVEMBER 13, 2023

In October, we saw conventional, conforming volume fall to its lowest point since March, dropping to 56% of the total lock production,” said Brennan O’Connell, data solutions manager at Optimal Blue. The refinance share of lock volume remained at current-cycle lows of 12%. “In

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Mortgages VA loan Loans Investor 360

Housing Wire

SEPTEMBER 21, 2023

By combining key data from both firms, the service offers a climate risk analytics solution that provides insights at the property, loan, deal, and bond levels, which is easily translated into investment analysis, both firms said. ICE’s physical risk climate data applies geospatial climate, economic , and demographic data to specific U.S.

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Housing Wire

OCTOBER 18, 2022

Friedman said Knox takes into account a homeowner’s moving plans and financial goals before fashioning an investment property solution for them. Barrett compares the shift to changing an asset mix in a stock portfolio. Each Knox product includes guidance from a property wealth advisor, who estimates a property’s investment potential.

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Equity Lending Loans Mortgages 372

Housing Wire

MAY 24, 2022

Indecomm Global Services , a New Jersey-based mortgage automation and services provider, aims to court more lenders through its new automation-enabled origination solution, GeniusWorks, which is intended to cut the cost of middle-office origination functions: set-up, processing and underwriting.

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Loans Mortgages Closing Technology 332

Housing Wire

JUNE 22, 2021

Now, more than ever, lenders need a solution that creates more efficiencies so they can better manage high volumes. Our FraudGuard alert-based solution uses natural intelligence gained from millions of loan applications and eventual outcomes to assist underwriters to note abnormalities in application data.

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Title Title search Loans Mortgages 388

Housing Wire

MAY 20, 2022

Planet Financial Group, an integrated family of companies delivering origination, servicing, and asset management solutions, is the parent of Planet Home Lending. In April, Planet Home Lending entered into an agreement to acquire assets from lender Homepoint ’s delegated correspondent channel for $2.5 billion last year.

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Lending Banks Finance Closing 339

Housing Wire

NOVEMBER 3, 2022

That’s the projection offered by Brett Ludden, managing director of Sterling Point Advisors , a merger and acquisitions (M&A) advisory firm based in Virginia. “We Brett Ludden, managing director at Sterling Point advisors. Leon Wong, a partner at Waterfall asset management.

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Banks Mortgages Loans Equity 389

Housing Wire

SEPTEMBER 13, 2023

There is a lot of money chasing MSRs,” said Mike Carnes, managing director of the MSR valuation group at Mortgage Industry Advisory Corp (MIAC). And if you’re an asset-based investor [an MSR buyer], one of these buybacks can absolutely destroy your return.” We’re seeing good multiples [a measure of pricing on MSR pools], like 5.5

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Due diligence Marketing Loans Mortgages 382

Housing Wire

JULY 28, 2022

Xactus will add flood services to its list of verification solutions with the acquisition of MassiveCert , a software company that provides flood zone determinations for insurance, lending and real estate. MassiveCert will be rebranded as Xactus Flood Solutions. The terms of the deal were not disclosed. Presented by: ServiceLink.

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Banks Lending Technology Loans 309