Housing Wire

APRIL 14, 2022

Consolidation in the mortgage industry is likely in 2022, analysts and lending executives said. Justin Woodward has experienced the best and the worst of the mortgage industry in only 18 months. “I had not done first mortgage lending before, but I was familiar with the basics of real estate lending.

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Mortgages Marketing Lending Loans 519

Housing Wire

MARCH 21, 2024

Mike Fratantoni , the chief economist and senior vice president of research and industry technology at the Mortgage Bankers Association (MBA), addressed three major challenges in the housing market during testimony before the U.S. banks in comparison to international standards.

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Industrial Banks Residential Lending 327

Housing Wire

APRIL 28, 2021

The parent company of Veritex Community Bank will acquire a 49% stake in Texas-based mortgage lender Thrive Mortgage , the firms announced late Tuesday afternoon. Veritex is one of Texas’ largest banks, with $8.8 The investment in Thrive comes amid a wave of M&A activity in the mortgage lending space.

Mortgages 362

Mortgages Lending Banks Loans 362

Propmodo

OCTOBER 31, 2023

This has been a perfect storm for the commercial real estate lending industry. Falling property prices and liquidity fears are causing banks to slow or stop lending on commercial properties. All of this combined to push commercial lending to a standstill. Plus, many owners have no other option.

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Lending Commercial Banks Construction 113

Housing Wire

SEPTEMBER 27, 2023

Maxwell , a Wells Fargo -backed mortgage fintech, announced Wednesday that it has struck a deal to acquire the digital lending platform Revvin ( formerly known as MortgageHippo ) to enhance its point-of-sale technology. Marvin Chang, Revvin’s chief commercial officer, has stepped down to pursue an opportunity in academia.

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Lending Loan Officer Loans Technology 393

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.

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Title Mortgages Commercial Technology 350

Housing Wire

SEPTEMBER 15, 2023

Technologies like encryption help deliver certainty that content has not been tampered with. Validation : Mortgage is a manufacturing process with end products dependent on accurate information. Improving the ability of MERS to verify and transfer ownership required capital, time and technology. What’s next?

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Commercial Technology Investor Title 363

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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Technology Development Title Lending 430

Housing Wire

FEBRUARY 22, 2024

Tiffany Fletcher, senior vice president of operations support and operational risk for VRM Mortgage Services , offers strategies for doing just that, showing how VRM is growing and changing during these unique times. Tiffany Fletcher, VRM Mortgage Services HW: What does the current market and demand for REO assets look like?

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Due diligence Marketing Mortgages New Construction 364

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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Land Lending Technology Banks 378

Housing Wire

APRIL 4, 2022

SitusAMC on Monday announced the launch of its Warehouse Administration Services, “a comprehensive suite of technology-enabled turnkey services” that it says will help warehouse lenders reduce costs by as much as 30%, according to a company-issued news release. What are the building blocks of digital lending? Presented by: Wolters Kluwer.

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Lending Technology Finance Commercial 344

Housing Wire

SEPTEMBER 25, 2020

Fintech company Sagent announced it hired veteran technology leader Uday Devalla as its new chief technology officer. mortgage originations. mortgage originations. Most recently, he served as a vice president of commercial services for a national title company.

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Title Mortgages Technology Lending 213

Housing Wire

FEBRUARY 22, 2021

During breaks in nearly every televised basketball game, it’s there: Tracy Morgan imploring pensive homebuyers “pretty sure” is not enough, and that they can only be certain about their giant life choice with Rocket Mortgage. Rocket rocketed to being the highest volume mortgage lender in the country by late 2017.

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Loan Officer Commercial Banks Mortgages 444

Housing Wire

OCTOBER 30, 2020

Once he takes over as CEO, Floyd said he intends to use his role to help further the adoption of new technology in the title industry. Mortgage Contracting Services , a national provider of residential and commercial property services, hired Jason Myers as vice president of business development.

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Lending Banks Title Commercial 348

Housing Wire

NOVEMBER 30, 2021

Record-setting mortgage originations coupled with a resurgent private-label securitization market have created an expanding demand for loan underwriters at a time when they are in scarce supply. . A recent report from the Federal Reserve Bank of New York illustrates the explosion of mortgage originations during the past year.

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Due diligence Mortgages Loans Residential 364

Housing Wire

JUNE 25, 2021

Joel Rickman: One of the most significant and transformational trends in lending is the call for the modernization and digitization of the mortgage loan process. Talks of a digital mortgage have been happening for years, but now more than ever. We are the largest commercial source for consolidated employment information.

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Lending Commercial Technology Loans 384

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. Second, we are the only title company that has a bank which will enable us to capitalize on higher interest rates to a greater extent than our competitors.”.

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Title Commercial Closing Loans 362

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. Using cryptocurrencies to purchase real estate without using banks has already been happening over the last decade. Image Credit: Unsplash. Intermediaries.

Technology 145

Technology Due diligence Title Marketing 145

Housing Wire

JANUARY 5, 2021

The Housing Policy Council has weighed in on the Conference of State Bank Supervisors’ new proposed standards for nonbank mortgage servicers. In the introduction to the Proposed Standards, CSBS recognizes the importance of nonbank mortgage servicers in the mortgage market,” HPC stated in its comment letter. HPC agrees.

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Mortgages Banks Commercial Technology 288

Housing Wire

SEPTEMBER 15, 2020

This article was written for FinLedger, HW Media’s new fintech focused news brand designed specifically for financial services professionals in banking, payments, insurance and proptech. In July, DocuSign acquired Austin-based startup Liveoak Technologies for $38 million in an all-stock transaction.

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Closing Loans Banks Investor 467

Housing Wire

AUGUST 21, 2020

A 30-year veteran in the consumer finance and mortgage industry, Hilzendeger will be assisting in the company’s growth, responsible for leading the mortgage servicing team and delivering customer experience. Home Point Financial has named Perry Hilzendeger as its president of servicing.

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Branding Commercial Lending Staging 262

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. What we love: We are biased but The Gathering pulls from a wide net. Link to register 2. Link to register 3.

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Agents Industrial Technology Branding 342

Housing Wire

MARCH 15, 2024

In fact, there aren’t many mortgage lenders, builders or real estate brokerages that haven’t at least fleetingly entertained the notion. So why aren’t more commercial real estate (CRE) entities – investors , principals, banks, law firms or developers – seeking the same? And why not? CREs need not go it alone.

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Commercial Brokerage Due diligence Title 386

Housing Wire

FEBRUARY 21, 2023

Miami-based fintech provider LoanPASS has integrated with ICE Mortgage Technology, a division of global data, technology, and market infrastructure provider Intercontinental Exchange, Inc. Its partners include Mortgage Bankers Association, LendingPad, LendingWise and Mortgage Action Alliance, among others.

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Technology Mortgages Commercial Loans 321

Real Trends

MARCH 14, 2022

From the everyday person selling a condo as an NFT (non-fungible token) to Warren Buffet investing $1 billion in a crypto-friendly bank , it’s clear that blockchain technology, tokenization and digital assets are here to stay. Blockchain technology will change real estate investing with the tokenization of properties.

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Industrial Investor Technology Commercial 124

Marco Santarelli

APRIL 24, 2024

Imagine trying to plan your finances for the next ten years, but interest rates – those numbers that impact everything from mortgage payments to savings account returns – are a bit of a mystery. Here's what we know: as of April 2024, the Bank of Canada is holding rates steady after a period of hikes aimed at curbing inflation.

Banks 52

Banks Finance Commercial Mortgages 52

McKissock

APRIL 3, 2022

In recent news, the first commercial property in New York has been put on the market exclusively for Bitcoin — $29 million dollars worth, to be exact. For buyers and sellers, this means they’ll get more bang for their buck when they save on commissions and fees typically charged by brokers, lawyers, and banks. Marketplace Platforms.

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Title Technology Commercial Banks 73

Housing Wire

APRIL 26, 2021

New York Community Bank , one of New York City’s largest multifamily lenders, is set to diversify its business strategy with the acquisition of Michigan-based retail bank Flagstar Bancorp. The bank’s stock price was trading at a 26% discount to book value in late January. according to Inside Mortgage Finance.

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Banks Branding Commercial Loans 382

RIS Media

MARCH 7, 2022

Leveraging an affiliation with the now-iconic hot air balloon logo, leaders within the RE/MAX network follow in Gail Liniger’s footsteps as they redefine the boundaries of building business in the residential, commercial and luxury sectors. Aligning With the Brand. “RE/MAX was always a dream of mine,” Johnson reveals.

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Branding Brokerage Technology Agents 98

McKissock

MAY 8, 2022

In recent news, the first commercial property in New York has been put on the market exclusively for Bitcoin — $29 million dollars worth, to be exact. For buyers and sellers, this means they’ll get more bang for their buck when they save on commissions and fees typically charged by brokers, lawyers, and banks. Marketplace Platforms.

Title 52

Title Technology Banks Commercial 52

Realty Biz

AUGUST 18, 2020

According to the Mortgage Bankers Association , just under four million American homeowners are in forbearance. Property owners impacted by the COVID-19 housing crisis are struggling to pay mortgages, and the imminent risk of foreclosure and bankruptcy looms large over the industry. Kris Lindahl.

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Purchase and sale agreement Bankruptcy Mortgages Commercial 104

Real Trends

FEBRUARY 8, 2023

In a move the firm said will help it gain market share, real estate platform OJO Labs has sold its Canadian operation, OJO Canada , to the Royal Bank of Canada , according to an announcement on Tuesday. In late January, commercial real estate giant CoStar announced that it was in talks to acquire Realtor.com parent firm Move Inc.

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Banks Commercial Equity Industrial 56

Housing Wire

MARCH 5, 2024

Sanjiv Vas, former CEO of Caliber Home Loans , has joined the board of directors at Two Harbors Investment Corp , a Minnesota-based real estate investment trust that expects to launch a mortgage originations platform in the second quarter of 2024. Kasnet, chairman of Two Harbors, said in a statement.

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Principal Commercial Loans Mortgages 335

HomeLight

JANUARY 12, 2022

According to the loan software firm ICE Mortgage Technology, it took 50 days on average to close on a purchase loan for a house, as of Q3 2021. Source: Ice Mortgage Technologies , Data for Sept. The buyer will sign the brunt of the paperwork, especially if they are securing a mortgage. 1 and accept an offer on Jan.

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Closing Purchase and sale agreement Pre-approval Inspection 111

Housing Wire

SEPTEMBER 30, 2021

Mortgage Cadence has recently launched their new platform offering the industry’s most complete, modern LOS that delivers cloud-based, automated loan origination capabilities designed to enable an exceptional user experience throughout the entire mortgage lending life cycle, across all channels and products.

Mortgages 267

Mortgages Technology Lending Design 267

Housing Wire

JANUARY 29, 2024

Over the next few years, dramatic home price appreciation and the downturn in commercial real estate have the potential to significantly increase residential real estate taxes. At the same time, many observers are predicting a downturn in commercial real estate values.

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Commercial Residential Technology Industrial 372

Housing Wire

SEPTEMBER 30, 2020

Today, Ocwen Financial Corporation is a leading non-bank mortgage servicer and originator providing solutions through its primary brands, PHH Mortgage and Liberty Reverse Mortgage. In these four quadrants we service conforming and government mortgages, small balance commercial loans and private securities.

Mortgages 365

Mortgages Investor Loans Lending 365