Housing Wire

MAY 9, 2024

billion in closed loan volume from January to March. ” 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 on Thursday morning, up 3.64% from the previous closing. billion, up 33% quarter over quarter.

Sales 238

Sales Principal Loans Mortgages 238

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.

Technology 410

Technology Development Title Lending 410

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 337

Technology Loans Principal Mortgages 337

Housing Wire

FEBRUARY 16, 2023

LauraMac, a provider of mortgage loan review SaaS technology, has appointed Rick Seehausen as its chief strategy officer. I look forward to working closely with Rick to leverage the success of our Loan Review System, prepare the launch of our Loan Acquisition System, and guide us in the development of new product lines.”

Loans 286

Loans Principal Technology Development 286

Housing Wire

MAY 15, 2024

In the contemporary digital landscape , one of the principal threats to an organization’s cybersecurity infrastructure stems from sophisticated email phishing attacks. Phishing, a form of social engineering, entails deceitfully soliciting sensitive information by masquerading as a legitimate entity in digital communications.

Principal 329

Principal As-is Closing Technology 329

Housing Wire

JANUARY 12, 2024

There are hundreds of companies that help with various parts of the transaction and process “supply chain,” from search and valuation to closing, from appraisal to title, from targeting to closing. Principal among these are: Invested capital “requires” the highest return. Of this, the U.S. accounts for approximately 23%.

Finance 342

Finance Principal Residential Development 342

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 324

Mortgages Marketing Equity Finance 324

Housing Wire

JANUARY 5, 2022

The most wonderful time of the year, as the song would have us believe, comes to a close with Epiphany, the 12 th day of Christmas, Jan. Think technology and service providers, too — a smaller mortgage market affects everyone. Only people, NOT TECHNOLOGY — can fill the knowledge gap. Dan Green is Principal at The BlackFin Group.

Industrial 441

Industrial Mortgages Principal Technology 441

Housing Wire

NOVEMBER 19, 2020

As RON transactions become more commonplace in the mortgage industry, NotaryCam is proud to have earned its MISMO RON Software Compliance Certification, which serves as a signal to all industry participants that they can confidently rely on the NotaryCam platform to securely and compliantly execute mortgage closings remotely,” Triola said.

Principal 419

Principal Technology Development Mortgages 419

Housing Wire

SEPTEMBER 9, 2021

Lenders that may have been holding out on embracing automation and technology were forced to adapt at breakneck speed to continue to serve customers. Technology that had long been available, but never saw the level of adoption the industry would have hoped for, was now in high demand. Technology as the new table stakes.

Mortgages 374

Mortgages Technology Inspection Closing 374

Housing Wire

JANUARY 8, 2021

This year, eClosings surged as remote online notarization became more popular and consumers looked for alternative ways to close on a home. 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.

Development 446

Development Industrial Technology Principal 446

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. Compass, Inc. She holds an A.B. from Smith College, an M.P.A.

Principal 86

Principal Development Brokerage Residential 86

Housing Wire

JUNE 20, 2023

Hence, more buyers are visiting builders’ model homes, attracted by availability, new technology, higher efficiency and, in some cases, the benefit of a warranty. Hence, more buyers are visiting builders’ model homes, attracted by availability, new technology, higher efficiency and, in some cases, the benefit of a warranty.

Principal 369

Principal Construction Technology Marketing 369

Housing Wire

DECEMBER 11, 2023

It’s too early to tell December figures but we closed about 5% more transactions last month compared to November 2022. It’s too early to tell December figures but we closed about 5% more transactions last month compared to November 2022. When interest rates hovered around 8%, it really hurt affordability,” Steinway said.

Mortgages 450

Mortgages Fixed-rate mortgage Equity Loans 450

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 Turning point A turning point for the home equity investment market came with the closing of the first rated securitization of notes backed by HEAs in September 2023.

Equity 368

Equity Finance Purchase and sale agreement Investor 368

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 317

Principal Loans Technology Mortgages 317

Housing Wire

AUGUST 4, 2022

million loans with an unpaid principal balance of more than $1.2 million loans with an unpaid principal balance of more than $1.2 HW Annual will be held in Scottsdale, Arizona this year and feature housing leaders from all corners of the industry, including real estate, mortgage and closings. Register for the event here.

Principal 375

Principal Title Mortgages Industrial 375

Housing Wire

MAY 1, 2023

For instance, with higher-priced mortgages, lenders need to verify the consumer’s ability to repay, ensure there is no prepayment penalty and make sure escrow taxes and insurance payments are paid each month along with the loan’s principal and interest. Why do you think that is? Both are highly regulated at both the state and federal level.

Loans 310

Loans Lending Technology Principal 310

Housing Wire

AUGUST 26, 2022

HW: Mortgage technology is accelerating quickly and originators are rushing to keep pace. It’s the first and only accelerator in the US that is dedicated to mortgage technology—a Flagstar-sponsored incubator for breakthrough technology in the mortgage space. Lee Smith: Definitely. The same is true for non-qualified mortgages.

Mortgages 324

Mortgages VA loan Loans Technology 324

Housing Wire

MARCH 12, 2024

loanDepot’s unpaid principal balance in its servicing portfolio increased to $145 billion as of Dec. The reduction was impacted by its exit of the wholesale channel in 2022, and it was partially offset by growth in servicing income and home equity lines of credit (HELOCs), as well as higher margins. billion in 2023. billion to $5.5

Principal 328

Principal Mortgages Equity Technology 328

Housing Wire

JULY 15, 2021

Online mortgage marketplace Morty announced the close of a $25 million Series B financing round, pushing the total company valuation to $150 million. In the end, the company makes money by charging a fee off the principal of the loan — paid for by the lender. The company is currently licensed in 36 states and Washington D.C.,

Principal 377

Principal Loans Equity Mortgages 377

Housing Wire

NOVEMBER 24, 2020

The acquisition was made for $250 million in cash and is expected to close by the end of this year, pending closing conditions and review, according to a release. PROJETO uses virtual reality technology which allows clients to be put in a virtual representation of a property that hasn’t been built yet. starting in January.

Principal 424

Principal Residential Commercial Development 424

Housing Wire

APRIL 19, 2021

Our ability to handle multi-jurisdictional complexity and distribution diversity are our principal strengths, and Qualia fortifies our ability to manage these attributes and positions us to scale our business more rapidly,” said Susan Kenney Cotter, Passport Title chief officer.

Title 236

Title Principal Closing Construction 236

Housing Wire

DECEMBER 29, 2023

Strategies for 2024 I’m heavily focused on recruiting , improving technology and marketing, empowering the loan officers — by giving them the same technology and marketing support. After nearly two years of trudging through a frozen housing market , the consensus among mortgage professionals is that the worst of it is over.

Mortgages 438

Mortgages Loan Officer Loans Equity 438

Housing Wire

SEPTEMBER 30, 2022

The 2-year note, most closely tied to the Fed’s interest rate moves , increased five bps to 4.07% on Wednesday from the prior week. Lenders will close and some others will need to merge because of the new liquidity regulations that are coming in 2023.”. A year ago at this time, rates averaged 3.01%. Pressure on demand.

Mortgages 448

Mortgages Fixed-rate mortgage Loans Loan Officer 448

Housing Wire

NOVEMBER 8, 2023

But volumes in Q3 came in at higher margins, close to the levels seen prior to the company’s Game-on pricing initiative that squeezed competitors out of the wholesale space. “We are investing in new technology and hiring new team members to ensure that we are prepared for the eventual turn in rates.”

Principal 268

Principal Mortgages Loans Closing 268

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. McGarry said Guild would look for companies that will strengthen Guild’s retail channel, but will be very patient in closing a deal.

Industrial 310

Industrial Mortgages Principal Loans 310

Housing Wire

AUGUST 3, 2023

With Varun Krishna — a veteran in the financial technology world who held executive positions at Intuit and PayPal — taking helm of the company as CEO starting in September, Rocket has its vision set on growing its platform. Rocket posted a $33 million adjusted net income loss in the second quarter, following a $111 million loss in Q1.

Loans 300

Loans Mortgages Loan Officer Principal 300

Housing Wire

APRIL 27, 2023

“Our large servicing portfolio provides strong and consistent cash flows, enabling us to remain profitable while also continuing to invest in the technology supporting our businesses.” billion in unpaid principal balance (UPB) as of March 31, up 2% from December 31. . PFSI’s stock closed Thursday at $65.92, up 2.98%.

Principal 342

Principal Banks Loans Mortgages 342

Housing Wire

FEBRUARY 24, 2022

Purchase volume grew 76% year-over-year due to focus on a “technology-driven client experience,” the company said. Regarding the servicing book, the unpaid principal balance increased 35% year-over-year to $552 billion as of December 31. In 2020, Rocket’s parent company notched $9.4 Rocket’s net income fell 69.5%

Mortgages 371

Mortgages Principal Loans Branding 371

Housing Wire

SEPTEMBER 30, 2020

Technology has made many aspects of day-to-day life more seamless than ever, with instant, easy and personalized consumer experiences; however, lending is still difficult. The Origence Mortgage Platform is an end-to-end lending platform that puts the power of modern technology in lenders’ hands, enabling them to close more loans, faster.

Lending 196

Lending Mortgages Technology Loan Officer 196

Housing Wire

JULY 19, 2021

She knows how to look past the status quo and determine how we can make real estate transactions faster and frictionless for our agents, affiliates and customers — a critical skill in the technology-driven segment of our industry. Generally accepted accounting principal (GAAP) revenues are expected to be around $226.4 million in 2021.

Title 367

Title Commercial Principal Branding 367

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

JANUARY 13, 2021

The fact that by the beginning of May, there were close to 4 million borrowers in forbearance plans illustrates just how high the volume climbed in a very short period of time. Since the CARES Act was signed into law, homeowners across the U.S. have taken advantage of its mortgage relief provisions. In fact, as of November 2020, a total of 6.5

Mortgages 406

Mortgages Investor Loans Technology 406

Housing Wire

MARCH 1, 2023

Thankfully, recent technological innovations in climate science and analytics allow us to quantify the true impact of climate risk, and it goes well beyond the 100-year floodplain designation to which we’ve grown accustomed. For decades, the housing industry has viewed climate risk as a fairly straightforward issue.

Industrial 335

Industrial Banks Loans Design 335

App Folio

NOVEMBER 18, 2020

In the past year, the multifamily industry has turned to technology to overcome the unique obstacles brought on by COVID-19. We reached out to several real estate executives to find out how they have adapted their operations during the pandemic and how they are using technology to drive net operating income (NOI).

Technology 105

Technology Property Management Pre-approval Inspection 105

Housing Wire

MAY 5, 2021

Closed loan volume in the first quarter increased to $41.5 “As we focus on long-term growth trajectory and build on our momentum, we will continue to invest in brand, people, and technology,” said Pat Flanagan, loanDepot’s CFO. The unpaid principal balance of our servicing portfolio increased by 26% to $129.7

Marketing 257

Marketing Principal Technology Loans 257