Housing Wire

MARCH 30, 2022

The title insurance space isn’t generally known for placing outsized bets on technology. We caught up with Hurst to talk about his new role and why the firm is looking to invest in commercial real estate tech startups and mortgage tech firms. The second area we have been focused on is commercial real estate. As of Sept.

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Housing Wire

JANUARY 27, 2023

Carolyn Monroe, the president of Old Republic’s title insurance segment, attributed the relatively small yearly drop in 2022 to a strong performance by the firm’s commercial title insurance sector. Commercial premiums reported for full year 2022 represented an all-time high for the title group. million, down from $627.0

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Housing Wire

SEPTEMBER 1, 2023

Meanwhile, Spring EQ will be able enhance its platform through further investments in technology, new commercial opportunities and growth-based operational initiatives, the company said. The deal is subject to customary closing conditions and regulatory approvals. The terms of the deal were not disclosed. accelerates.

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Propmodo

FEBRUARY 19, 2024

Cushman & Wakefield hasn’t been the leader in commercial real estate when it comes to deploying cutting-edge new tech like AI. But its new partnership with Microsoft for AI solutions could close the gap. The brokerage is building proprietary, in-house technology, but help from Microsoft is invaluable. JLL isn’t far behind.

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Housing Wire

APRIL 28, 2022

First the market is shifting away from refinance transactions towards purchase and commercial transactions, which is where we have a greater market share. The Guide to Accelerating Closings in 2022. Like other “big four” member Stewart , First American’s commercial title volume and revenue saw big improvement from a year ago.

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Housing Wire

AUGUST 25, 2022

Closing software provider Qualia has launched Qualia Application Programing Interface (API), according to an announcement on Wednesday. As part of that, we continue to develop technology that helps businesses engineer full end-to-end purchase and refinance experiences.

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Housing Wire

MAY 26, 2023

More often than not, the small firms that become big, or the mid-cap businesses that eventually make a public offering, can explain their growth by using a new technology , business model or even product in a way that not only differentiates them during market turbulence, but positions them for sustainable success when the tide turns.

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Housing Wire

OCTOBER 12, 2023

Sarah Wheeler: In the past you said that technology isn’t a differentiator, it’s just an equalizer. Rich Weidel: Yes, and even more now that we’re seeing in this down cycle which technologies provide value and which are just an expense. It wasn’t that long ago that technology was going to change everything.

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Housing Wire

APRIL 18, 2024

IS: The fundamental principle of our technology is that we structured ourselves to be seamless plug and play. That means we can plug into any workflow at any given time, with the most appropriate time at closing because that’s where a lot of fraud is happening. Ike Suri: It was the highest we’ve seen for wire fraud risk.

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Housing Wire

FEBRUARY 10, 2022

Leveraging our proprietary data extraction technology, we are currently maintaining more than 1,600 title plants covering nearly 80% of the U.S. Leveraging our proprietary data extraction technology, we are currently maintaining more than 1,600 title plants covering nearly 80% of the U.S. population. population.

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Housing Wire

SEPTEMBER 1, 2023

Through the development of improved and sophisticated systems, protocols and technology, these operations leaders are driving their companies to growth and success. In its 8th year, the HW Insiders program is spotlighting the talented operations professionals who are laying the foundation of success for their organizations.

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Housing Wire

MAY 24, 2021

Stavvy, a Boston-based fintech, announced Monday that it landed a $40 million Series A funding round led by Morningside Technology Ventures. Servicers must be powered by nimble technology to be heroes to borrowers, stalwarts to investors, and stewards of consumer protection to regulators. Presented by: Sagent Lending Technologies.

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Housing Wire

JUNE 7, 2021

Jason Gordon, AmTrust Title president, said Bozzomo is “ideal” for the role based on his experience with complex commercial transactions — including retail, office and multifamily. Like most in the title and closing industry, underwriters have had to adapt to a post-pandemic housing industry.

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Housing Wire

JULY 8, 2021

The transaction is expected to close within a month. Lereta, formerly known as Lenders’ Real Estate Taxes, also offers life-of-loan, basic, and commercial determinations, as well as portfolio reviews. Financial details of the transaction were not disclosed. It competes directly with CoreLogic.

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Housing Wire

JUNE 30, 2022

title insurance industry’s risk-adjusted industry capital declined, however, overall it remained supportive of ratings at the close of 2021. title insurance industry’s risk-adjusted industry capital declined, however, overall it remained supportive of ratings at the close of 2021. Presented by: SoftPro.

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Housing Wire

OCTOBER 31, 2022

In addition, both non-commercial and commercial title revenue were down, with yearly decreases of 18% and 5%, respectively. The market has shifted away from refinance towards purchase and commercial transactions, which is where we are stronger. The firm’s title segment reported an operating revenue of $647.9

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Housing Wire

FEBRUARY 18, 2022

Further, Fannie notes, “Leveraging the wealth of big data, the power of advanced analytics, and the speed of technology, appraisers can perform desktop appraisals without physically inspecting the property.” Sometimes there are adverse site conditions for properties, such as busy streets, flood zones, commercial influence, etc.

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Housing Wire

JUNE 1, 2023

According to Gross, the move to the new company brings “access to improved pricing, technology and marketing to Platinum’s branches.” “In In early May, the company launched a commercial servicing division led by James DePalma and Janina Woods. The company’s assets will add to Planet’s 30 branches and 128 active LOs. “I

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Realty Biz

MARCH 15, 2021

While blockchain has already been used in sectors like finance and logistics for many years, the technology is now being leveraged within the real estate sector. Blockchain enables ledgers, records, and transactions to be recorded and tracked across a decentralized computer network. Blockchain in real estate. Intermediaries.

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Housing Wire

JULY 26, 2021

New entrants continue to join the market with better technology and digital processes to simplify the loan process and provide fast closing experiences to meet consumer needs. In 2019, for example, one national lender reportedly spent $100 million to develop a digital platform that could originate and close transactions in eight days.

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RIS Media

APRIL 20, 2021

Second Century Ventures (SCV), the strategic investment arm of the National Association of REALTORS® (NAR), recently announced the selection of nine technology companies for the 2021 REACH Commercial scale-up program. – Lex Markets : A securities market for commercial real estate.

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Housing Wire

FEBRUARY 10, 2022

Non-commercial domestic title revenue was responsible for $282.3 Commercial domestic revenue came in at $93.1 million due to improved commercial transaction size and volume compared to the prior year quarter. It is no secret that 2021 posed a variety of challenges for the title insurance industry. million, compared to $59.7

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Realty Biz

APRIL 13, 2022

COVID-19 has not only impacted work models, but it has impacted how commercial office spaces are used and managed. Many emerging technologies and tools are helping businesses to adapt their commercial office spaces to the post-pandemic workforce and helping business leaders to identify the potential to downsize their office spaces. .

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Realty Biz

MARCH 20, 2023

New technologies have advanced to the point where real estate agents can replace their static signs with dynamic digital ones that are easy to change and are usable in dozens of different applications across your marketing efforts. This is where digital signage as a solution comes into play.

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Housing Wire

APRIL 14, 2022

A seasoned retail and commercial banking salesman in Fort Wayne, Indiana, the 39-year-old Woodward joined Interfirst Mortgage as a loan officer in October 2020 after a recommendation from an old college friend. Interfirst purchased refinance leads and sent them to Woodward to close. For Woodward, the pink slip arrived in October.

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Housing Wire

JUNE 19, 2023

New technology is changing the title industry at lightning speed. So you’ve been using the same outdated title production software for years and feel like you’re no longer getting the most bang for your buck. As your business grows, you need efficient software that can grow with you, but some questions hold you back.

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Marco Santarelli

APRIL 28, 2024

Republic First Bank , a regional lender with branches in Pennsylvania , New Jersey , and New York , was closed by regulators, and its assets and deposits were taken over by Fulton Bank. The banking community is closely monitoring the situation, as the closure of Republic First Bank could be an indicator of underlying economic stresses.

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Banks Commercial Loans Technology 105

Housing Wire

JANUARY 18, 2024

HousingWire Editor in Chief Sarah Wheeler sat down with Jim Butler, chief technology officer at Stavvy , to talk about moving real estate from paper to a digital transaction, how the company is using AI, and the vibe you get working with industry experts. Sarah Wheeler: What led you to join Stavvy last year?

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Housing Wire

MARCH 27, 2024

Date: April 21-24, 2024 Location: Scottsdale, AZ Ticket Price: Tickets cost $2,150 for professionals or $3,150 for technology and solution partners, as well as those who do not represent a licensed mortgage or real estate firm. It’s no secret that forging new connections at in-person events can help to grow your business.

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GeekEstate

OCTOBER 29, 2021

I’m excited to release Thomvest’s real estate technology market map, which includes more than 240 companies operating within the residential real estate segment. This market map real estate technology companies operating across every phase of the home purchase value chain. As such, we’ve included the Blend logo in those areas.

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Housing Wire

APRIL 28, 2022

And its investment in technology support and innovation have helped the title insurer deliver consistent service to its customers, he said. Commercial was the only sector that saw an increase, rising from 3,569 opened orders during the first quarter of 2021 to 6,042 opened orders during the first quarter of 2022.

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Housing Wire

MAY 14, 2021

Ferguson noted that the past 18 months have shown “incredible market demand” for Notarize’s technology, as more of the industry moves online as a direct result of the COVID-19 pandemic. Notarize also closed a $35 million Series C funding in March 2020. Ferguson retired from TIAA on March 31 after 13 years.

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Housing Wire

MARCH 25, 2021

That’s $213 million of total funding to-date for Notarize, which will funnel the recent round of capital into the company’s digital notarization and identity verification technology. The company also plans to double its staff in the next year, per an official statement. Total revenue grew 600% in 2020, he said.

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Housing Wire

FEBRUARY 22, 2024

As we close 2023, we are operating in an environment that saw mortgage interest rates reach a high of 8% during the fourth quarter before falling to around mid-6% near the end of the year,” Eppinger said. To achieve its goal, Eppinger noted that Stewart is focusing on improving its technology and efficiency.

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Housing Wire

SEPTEMBER 20, 2021

Today’s digital business processes and workflows demand more than just accurate information – the information must also be easily understood, available on-demand and delivered in a way that integrates with technology. Title companies confirm tax status to determine any outstanding tax liabilities and the balance due at closing.

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Housing Wire

OCTOBER 20, 2023

ZipRealty closed nearly 30,000 transactions at its peak. Just look at CoStar’s dominance over the commercial brokerage market. In fact, considering inter-family and estate transfers as well as for-sale-by-owners, as many as 20% of all transactions may not include the use of an agent. No buyer must use a real estate agent — ever.

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Housing Wire

MARCH 15, 2023

On Friday, the 40-year-old commercial bank focused on the tech community SVB collapsed amid a deposit run that provoked a liquidity crisis, which triggered the regulators’ interference. .” venture-backed technology and healthcare companies. venture-backed technology and healthcare companies. In total, 76.6%

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