Housing Wire

NOVEMBER 30, 2022

Last year, Voxtur was selected as a TECH100 mortgage honoree for its work in empowering the real estate industry to become faster, more efficient and more cost-effective than ever before. The promises of technology have largely been lost in the mortgage industry and little has been done to reduce costs for homebuyers.”. “The

Industrial 324

Industrial Title Lending Technology 324

Housing Wire

MAY 14, 2024

We first used the word “junk fees” two years ago in a letter to the CFPB to characterize the click fees that ICE Technology Partners routinely charges our lender members (and ultimately the borrower) – just to access the data from the same vendors our lenders retain! The American homebuyer needs help. But it’s time for a reality check.

FHA loan 296

FHA loan Loans Title Mortgages 296

McKissock

AUGUST 24, 2022

There is probably some app or bit of technology that can resolve it all together—or at least make it easier to manage. When you are a busy agent who is strapped for time and maybe feeling a little overwhelmed, technology can simplify your life and help you be more productive. Imagine a problem you have in life. 10MinRealty.

Technology 58

Technology Agents Closing costs Title 58

Housing Wire

MAY 12, 2022

Technology has been the focal point of that evolution more out of necessity than some consensus that homebuyers don’t want to interact with their lenders at all. Customer-facing technologies, particularly loan origination and decisioning software, are now standard in mortgage lending’s tech stack. Rates are rising.

Lending 299

Lending Marketing Pre-qualification Pre-approval 299

Housing Wire

APRIL 3, 2024

mortgage lender United Wholesale Mortgage (UWM) is the target of a class-action-seeking lawsuit alleging it orchestrated a scheme with mortgage brokers to apply excess fees and costs to borrowers. The wholesale lender called the accusations a “sham.” The lawsuit was filed on Tuesday in a Michigan district court by Therisa D. Escue, Billy R.

Loans 444

Loans Loan Officer Mortgages Closing costs 444

Housing Wire

MAY 23, 2022

These digital solutions, especially those offered by ServiceLink, work just as well in the home equity title/close process. Technology equals efficiency. A lot of lenders haven’t spent much money on technology for home equity processes. They include automated title, digital signing solutions and eClosing offerings.

Equity 322

Equity Title Technology Loans 322

Housing Wire

JUNE 11, 2021

Have you budgeted for closing costs? Before you get overwhelmed, take comfort that critical milestones of home inspection, appraisal and closing processes are all great ways to get more acquainted with your prospective new home. The buyer typically covers the cost of the appraisal. Home Inspection.

Inspection 420

Inspection Closing Closing costs Title search 420

Housing Wire

NOVEMBER 8, 2022

The aim of the partnership is to introduce LodeStar Discovery, a closing fee calculator, to mortgage loan originators using the LendingPad platform. LodeStar Discovery provides access to title and closing fees across the U.S. and can help users generate quotes and estimates on LendingPad as part of an integrated existing workflow.

Closing costs 329

Closing costs Title Lending Loans 329

Housing Wire

FEBRUARY 22, 2024

SW: Looking at the mortgage space, what are some of the challenges when it comes to technology? And it seems like with technology , even when times are good, a lot of companies aren’t interested because there’s so much money to be made. But a lot of these trusted systems run on distributed ledger technology.

Technology 272

Technology Banks Mortgages As-is 272

McKissock

NOVEMBER 2, 2020

Technology is supposed to make everything easier, and yet it is often the source of so many problems. While you can’t do your job without relying on real estate technology to some degree, you do have to be extra careful when you use it. Here are six ways technology can hurt—or even ruin—your real estate business.

Technology 81

Technology Closing costs Principal Agents 81

Housing Wire

MARCH 20, 2024

Many buyers struggled with the financial burden of covering closing costs , making it difficult or impossible to also cover the compensation for agent representation. With the advancements in technology, finding homes online has become easy and straightforward. This paradigm shift significantly benefited all parties involved.

Debt-to-income ratio 467

Debt-to-income ratio Agents Equity Closing costs 467

Housing Wire

OCTOBER 13, 2022

Now, thanks to United Wholesale Mortgage (UWM) CEO Mat Ishbia’s recent announcement that his company is hiring attorneys to review title and closing documents, AOLs and the risks associated with them, have been a hot topic at this year’s ALTA One conference. In some ways it could cost them more. This is a top priority for ALTA.”.

Title 296

Title Closing costs Title search Closing 296

Housing Wire

JUNE 9, 2022

With a fixed rate for as many as 20 years, RenoFi’s fixed-rate home equity loan provides 100% of the funds, as much as $500,000, directly to the homeowner at the time of closing, according to a news release from the startup. The new product is an addition to RenoFi’s variable rate HELOCs, which allow homeowners to borrow against their equity.

FHA loan 297

FHA loan Renovation Equity Loans 297

Housing Wire

FEBRUARY 23, 2023

Expanding acess to digital closings At the beginning of the pandemic , as our industry was deemed essential, we saw a need to increase access to digital home closings. These NTRAPS create impediments and increase the costs and complexity of financing or transferring real estate.

Title 438

Title Industrial Purchase and sale agreement Title search 438

Housing Wire

OCTOBER 19, 2021

Jon Gerretsen : Lenders have already had to compete for market share in an era of increasing costs, greater regulatory demands and volatile interest rates, while quickly adapting to new remote-work protocols sparked by the pandemic. Last year saw a record-breaking $3.83 HW: What’s top of mind for large originators?

Closing costs 330

Closing costs Technology Lending Mortgages 330

Housing Wire

MARCH 22, 2023

HousingWire recently spoke to Tom Kriby, vice president of client development and partnerships at Westwood Insurance Agency, about how working with an insurance agency can simplify the closing process for their customers, even in times of interest rate uncertainty. HW: How does working with an insurance agency simplify the closing process?

Debt-to-income ratio 357

Debt-to-income ratio Closing Loans Closing costs 357

Housing Wire

OCTOBER 21, 2021

The resources help families with 80% or less of the area median income for down payments or closing costs, for example. Also, it helps rental housing where at least 20% of the units are occupied by families with incomes at 50% or less of the median. In the first week of October, the bank also launched a $1.5

Banks 331

Banks Loans Equity Finance 331

Housing Wire

NOVEMBER 13, 2020

And while there is no legal limit on how many times a mortgage may be refinanced, closing costs and interest rate cycles effectively limit the number of times any given homeowner will pursue this option. Consider, too, that the pandemic has given consumers a big push when it comes to expanding their technology comfort zones.

Banks 476

Banks Loans Technology Mortgages 476

Housing Wire

MAY 5, 2023

HFAs provide affordable homeownership options to low- and moderate-income borrowers through down payment and closing cost assistance, as well as reduced mortgage payments. Optimal Blue , a division of Black Knight, Inc. Black Knight, Inc.

Investor 317

Investor Finance MLS Closing costs 317

Housing Wire

FEBRUARY 23, 2023

Patrick O’Brien, the founder and CEO of LenderLogix , said the product was designed in response to the need for a more efficient and cost-effective method of managing the loan application process. QuickQual is an adjustable pre-approval letter that gives payment and closing cost scenarios and the option to update agent letters.

Pre-approval 273

Pre-approval Loans Closing costs Mortgages 273

Housing Wire

APRIL 25, 2023

The goal of Asset Analysis is to automate the labor-intensive process of reviewing assets and multiple bank statements during underwriting to determine the likelihood that the borrower will have sufficient funds to cover down payments, closing costs, and reserves for the mortgage transaction.

Lending 296

Lending Banks Loan Officer Loans 296

Housing Wire

SEPTEMBER 16, 2020

as a $400,000 loan including cash out, they get a… quarter of a point, or $1000 credit toward their closing costs. We’re closing loans in 15, 16, 14, 13 days. Here’s the interview, which has been edited for length and clarity: HousingWire: Mat, can you walk us through the pricing on these products? and 2.99%.

Mortgages 453

Mortgages Marketing Title Loans 453

Housing Wire

MARCH 1, 2021

The closing process, that time between underwriting approval and the actual closing, is the mortgage industry’s not-so-secret Achilles’ heel. That’s not a knock on the good professionals who enact minor miracles choreographing the multi-faceted ballet that is a typical closing. Let’s admit it.

Closing 232

Closing Marketing Title Title search 232

Housing Wire

MAY 17, 2023

Meanwhile, Rocket is as committed as ever to becoming a fintech company and reducing its customer acquisition cost by adding more consumer-focused products, such as the app Rocket Money. Flávia Furlan Nunes : Where is Rocket in its journey of becoming a fintech and reducing the cost to acquire a client? Then you add 2.5

Marketing 306

Marketing Banks Mortgages Industrial 306

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.

Closing costs 343

Closing costs Closing Loans Title 343

Realtor.com

MARCH 12, 2021

Consider how many months it would take for you to recoup the costs of closing on a refi, along with how long you’ll be staying at this home. If you can recoup closing costs within two years and plan to stay in your house for longer, the savings on interest means the math will likely work out in your favor.

Fixed-rate mortgage 87

Fixed-rate mortgage Mortgages Closing costs Equity 87

HomeLight

JANUARY 30, 2024

When you’re planning to live in a new state, the cost of living there will be a combination of expenses required to maintain your desired lifestyle. Statista , a leading market data platform, defines “cost of living” as “the monetary cost of goods and services necessary to maintaining a certain standard of living.”

Home sale contingency 100

Home sale contingency Closing costs Technology Sales 100

RIS Media

MARCH 31, 2022

Technology-Empowered. Access to technology that makes it simple to run their real estate business will boost agent productivity. When it comes to selecting or building technology for your brokerage, choose tools that maximize your agents’ time in the field and simplify the experience. Maryland, Virginia) region.

Agents 94

Agents Brokerage Technology Closing costs 94

HomeLight

JANUARY 22, 2024

When you’re planning to live in a new state, the cost of living there will be a combination of expenses required to maintain your desired lifestyle. Statista , a leading market data platform, defines “cost of living” as “the monetary cost of goods and services necessary to maintaining a certain standard of living.”

Home sale contingency 97

Home sale contingency Closing costs Technology As-is 97

HomeLight

JANUARY 22, 2024

If you’re considering moving to Wyoming, you might be wondering, “What is the cost of living?” This guide breaks down the cost of living in Wyoming, from housing to food or healthcare expenses. We’ll provide data from various state cost-of-living index tools and compare how Wyoming ranks nationwide regarding livability.

Home sale contingency 96

Home sale contingency Closing costs Technology As-is 96

HomeLight

JANUARY 30, 2024

The best way to figure this out is to determine the Vermont cost of living and how it compares to where you currently live. In this guide, we break down what makes up the cost of living in Vermont, from housing expenses to food and healthcare costs. Other cities or regions are then compared against this benchmark.

Home sale contingency 92

Home sale contingency Closing costs Technology Sales 92

GeekEstate

AUGUST 19, 2021

Since fraud tends to occur at times where money is being transferred , whether it’s an earnest money deposit or other closing costs, it’s time we look outside of old school methods and embrace technology to keep our personal information and money safe. Revolutionary Technology in Real Estate. Yes, check fraud is a thing!

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Earnest money deposit Banks Technology Closing costs 115

HomeLight

JANUARY 22, 2024

Learn More What makes up the ‘cost of living’ in Oregon? The “cost of living” in a state or city is based on a combination of expenses required to maintain your desired lifestyle. ” This overall cost will vary significantly based on location, even within the state. It’s free for personal use.

Home sale contingency 82

Home sale contingency Closing costs Technology Sales 82

HomeLight

JANUARY 30, 2024

When you’re planning to live in a new state, the cost of living there will be a combination of expenses required to maintain your desired lifestyle. Statista , a leading market data platform, defines “cost of living” as “the monetary cost of goods and services necessary to maintaining a certain standard of living.”

Home sale contingency 86

Home sale contingency Closing costs Technology Sales 86

Realty Biz

JUNE 4, 2021

The platform helps to reduce the costs and time associated with transaction closings with its proprietary and technology-based title insurance, closing, escrow and recording services. states and claims that its platform can reduce transaction times by up to 25% and saves homeowners as much as 20% on their closing costs.

Title 66

Title Technology Investor Closing costs 66

HomeLight

JANUARY 30, 2024

When you’re planning to live in a new state, the cost of living there will be a combination of expenses required to maintain your desired lifestyle. Statista a leading market data platform, defines “cost of living” as “the monetary cost of goods and services necessary to maintaining a certain standard of living.”

Home sale contingency 78

Home sale contingency Closing costs Technology Equity 78

RIS Media

FEBRUARY 4, 2022

In 2021, our sales associates and independent brokerages continued to recognize the value in leveraging Weichert’s technology, marketing, training and coaching support to compete and grow, as evidenced by our impressive year-end results.”. Customized Technology Drives Business. Streamlined Service Begets Success.

Residential 94

Residential Brokerage Technology Closing costs 94