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Figure Technologies launches wholesale lending platform

Housing Wire

Mike Cagney’s Figure Technologies rolled out a wholesale lending platform that will give loan originators access to the company’s home equity line of credit (HELOC) offering. Approval may be granted in five minutes but is ultimately subject to verification of income and employment.

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Sierra Pacific’s Fast Track process gives brokers a more robust pre-approval, shortening cycle times

Housing Wire

“We have a proven legacy of supporting brokers with unparalleled service throughout the entire process by strengthening the human approach, while also integrating technology. The company offers the latest technology because they know it’s no longer a luxury, but a necessity for brokers to have these resources.

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Simplifile by ICE Mortgage Technology supports eRecording in over 2,400 counties

Housing Wire

Simplifile by ICE Mortgage Technology electronically connects people, technologies and data in the real estate transaction to streamline their workflows. After county review and approval, documents are quickly stamped and recorded for public record. eSign Events also supports non-notary packages.

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Mr. Cooper’s CIO on deploying AI for the biggest wins

Housing Wire

Were you surprised at where the mortgage industry was technology-wise? You might look at technology as diving headfirst into automation, but in his book he talks about automating last. Sarah Wheeler: You came into the mortgage space about nine years ago after leading teams at NTT Data and Infosys. This is evolution.

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Guaranteed Rate’s new mobile app allows LOs to provide 24/7 service

Housing Wire

The PowerVP app will create new loans; invite customers to complete a digital mortgage; send a one-click conditional approval letter; lock in rates ; obtain real-time pricing and run a credit report, the company said in a release. It’s now entirely possible for us to qualify buyers for their dream home by the time they leave the open house.

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The Real Brokerage looks to build on 2023’s explosive growth

Housing Wire

With its supercharged growth over the past two years, it is no surprise that The Real Brokerage topped the 2024 RealTrends 500 Top Movers list for both transaction side count and sales volume. In 2023, Real recorded 48,905 sides, up 14,721 sides from 2022, and a sales volume of $21.2 billion, up $6.80 billion over the prior year. and Canada.

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Opinion: The time is right for origination modernization

Housing Wire

How origination modernization benefits lenders The mortgage application and pre-approval processes have been digitized for some time, to the benefit of borrowers and lenders alike. Streamlining operations Once a borrower is approved for a mortgage loan, the process should run like clockwork. Today is a different day.