Housing Wire

JULY 25, 2022

Pink slips will arrive for 58 employees working in the mortgage business at Texana Bank in California, according to a Worker Adjustment Retraining Notification (WARN) sent to the state’s Employment Development Department. Employees on the technology, marketing and human resources teams are on the list.

Banks 370

Banks Loan Officer Loans Lending 370

Housing Wire

FEBRUARY 5, 2021

Multi-year HousingWire Tech100 winner Built Technologies , a construction finance software and construction payment technology company, closed an $88 million Series C funding round. Modern construction finance requires new infrastructure altogether. and Canada. and Canada.

Technology 337

Technology Closing Construction Commercial 337

Housing Wire

APRIL 21, 2025

By aligning your work time with your natural productivity periods, you can bank massive gains in how much work you get done. Take advantage of technology When it comes to time management and productivity, there are a ton of apps that can help you optimize your workday. Finally, the agenda should include a start and finish time.

Agents 367

Agents Construction As-is Banks 367

Housing Wire

DECEMBER 18, 2024

On Wednesdy Citi launched mortgage.com, a new platform that creates a brand-endorsed, consumer-focused channel to leverage Citi’s brand authority and encourage mortgage or refinance applications for the bank. Enter mortgage.com, which Burgard says is a learning platform to grow the banks presence in the mortgage space.

Marketing 410

Marketing Lending Branding Banks 410

Housing Wire

JUNE 30, 2022

In response, many brokers are relying on extra support, and Flagstar Bank offers exactly that. We have a broad product set, competitive pricing and great technology,” said Lee Smith, EVP and president of mortgage. We’re well-capitalized and committed to mortgage, particularly the broker channel.

Lending 370

Lending Banks Technology New Construction 370

Housing Wire

FEBRUARY 17, 2025

By aligning your work time with your natural productivity periods, you can bank massive gains in how much work you complete. Take advantage of technology For time management and productivity, there are several apps that can help you optimize your workday. Structuring meetings like this can make them much more constructive.

Agents 365

Agents Construction As-is Banks 365

Housing Wire

MARCH 20, 2024

It went on to state that independent mortgage banks, community banks and credit unions have shown interest in product pricing engines (PPEs) that allow them to price and make decision on nonqualified (non-QM) mortgages, reverse mortgages, fix-and-flip loans, construction loans or portfolio lending products.

Lending 438

Lending Mortgages Technology Banks 438

Housing Wire

MARCH 12, 2024

Lenders can also define workflows and business rules for any mortgage product, including construction loans, manufactured home loans, home equity loans and bridge loans. Unlike off-the-shelf POS solutions, Blueprint Builder allows lenders to customize technology that is designed to help improve operations, Maxwell noted.

Lending 440

Lending Technology Loans Equity 440

Housing Wire

OCTOBER 2, 2024

Today, modern technology , including Pretium’s platforms, cut out the middleman by allowing firms to invest directly in assets, decide the kind of leverage they want and determine how Pretium will manage the assets over time. Mullen explains that Pretium wants to leave the banking system behind in favor of private credit. “I

Lending 451

Lending Banks Loans Residential 451

Housing Wire

SEPTEMBER 23, 2021

How technology can help underwriters work more productively. HousingWire spoke to Sage Nichols about some of the current trends and technology in mortgage underwriting and how CoreLogic’s Complete Collateral is helping underwriters work more efficiently. for the past two weeks. The 10-year Treasury Yield for Sept. 22 was 1.32.

Mortgages 469

Mortgages Fixed-rate mortgage Construction Banks 469

Housing Wire

APRIL 19, 2021

Knox automates and oversees a property’s finances and taxes, insurance, leasing and legal, tenant and property care, banking, and bill pay. Knox oversees a portfolio of more than $100 million in investment properties, and was named one of HousingWire’s 2021 Tech100 companies.

Construction 392

Construction Banks Finance Technology 392

Housing Wire

JANUARY 6, 2023

Although there are an increasing number of high-profile layoffs , particularly in the technology sector and also in the mortgage industry, hiring in other sectors of the economy are more than offsetting these on net. Residential building construction employment increased by 0.3% on a year-over-year basis. Residential building is up 8.3%

Marketing 477

Marketing Residential Construction MLS 477

Housing Wire

OCTOBER 21, 2021

The nation’s network of Federal Home Loan Banks (FHLBanks ) expects to be required to increase its share of investments in affordable housing. The total volume should not be lower than $100 million for each bank. In the first week of October, the bank also launched a $1.5 In May, Sen. Catherine Cortez Masto (D-NV) and Rep.

Banks 370

Banks Loans Equity Development 370

Housing Wire

AUGUST 16, 2022

has agreed to buy mortgage servicing rights trading platform Blue Water Financial Technologies for a cool $101 million. The integration of Blue Water into the Voxtur product suite strengthens our technology foothold and places us squarely in the capital markets arena,” said Voxtur CEO Jim Albertelli in a statement.

Technology 391

Technology Equity Investor Construction 391

Housing Wire

SEPTEMBER 9, 2024

The growing prevalence of extreme weather events and the high cost of construction are pushing property insurers to significantly raise their prices , even in places you might not expect. All of which are exacerbated by the inflation of construction costs. Why is homeowners insurance so expensive in the Upper Midwest?

Construction 451

Construction Banks Technology As-is 451

Housing Wire

DECEMBER 7, 2023

The company’s close partnerships with mortgage brokers and correspondents transforms feedback into impactful products, technology and services that help clients grow their businesses in any economic environment. Flagstar offers a broad product set including agency, non-agency, construction products and HELOCs.

Lending 347

Lending Banks Technology Mortgages 347

Housing Wire

JANUARY 30, 2024

The second is a more competitive rental market, driven by record-high construction of multifamily rental properties. These flexible services can attract and retain a modern set of residents who are used to flexible models and digital payment options on their favorite retail sites and online banking platforms.

Property Management 465

Property Management Marketing Technology Branding 465

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 billion purchase of Caliber Home Loans , New York Community Bank ‘s pending $2.6 It posted net income of $31.8

Mortgages 370

Mortgages Lending Banks Loans 370

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. The silver lining, however, is that builders have picked up their pace of construction.

Industrial 441

Industrial Banks Residential Lending 441

Housing Wire

SEPTEMBER 27, 2023

The top three opportunities mortgage pros see are new construction (15.3%), first-time homebuyers (14.5%) and cultivating referrals and building new relationships with buyers, builders and agents (13%), according to HousingWire ‘s Q4 2023 LenderPulse survey. About 37% of respondents were spending money in social media and 34.8%

Mortgages 440

Mortgages Marketing Banks New Construction 440

Housing Wire

MAY 5, 2023

“Even if the Fed increases the federal funds rate again next month, it is possible that mortgage rates could come down, with lingering uncertainty in the banking sector and declining consumer confidence pushing investors to safer investments, like U.S. Treasuries. Falling mortgage rates would provide more juice to the U.S.

Construction 392

Construction Residential MLS Mortgages 392

Housing Wire

JANUARY 11, 2023

The early entrants into the market — including Milo and Figure Technologies — made loans equal to 100% of the borrower’s cryptocurrency value with no down payment required. “The effective use of technology allows us to accomplish this.

Lending 440

Lending Mortgages Marketing Loans 440

Housing Wire

APRIL 20, 2022

Homepoint’s “New Build program” connects homebuilders with business purpose construction financing through in-region mortgage brokers, with loan amounts up to $4 million per unit or $25 million per project. It’s also assessing a variety of other products to service a market that is now heavily purchase-focused.

Loans 392

Loans Lending Construction Banks 392

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. Effective solutions must be purpose-built for mortgages, rather than adapted horizontal technology. Achieving touchless mortgage automation. Presented by: SoftWorks AI.

Mortgages 403

Mortgages Banks Commercial Technology 403

Housing Wire

MARCH 28, 2022

commercial spaces/building and residential homes/townhomes) and inconsistent transactional processes, fragmentation in the market has prevented real-estate from adopting technology as quickly as other sectors – until now. So, what are the technologies and trends iBuyers are using to fix fragmentation in the market?

Marketing 392

Marketing Title Technology Closing costs 392

Housing Wire

APRIL 21, 2022

To Ballard, 3D printing technology is evolving to solve a crisis in modern day America and the world: The failure to meet people’s demand for housing. A former Texas A&M cross country and track athlete and Episcopalian minister, Ballard in 2011 co-founded TreeHouse , a retailer to sell environmentally friendly home construction materials.

Construction 411

Construction Purchase and sale agreement Land Investor 411

Housing Wire

JULY 20, 2023

Both ‘consumer-facing technology’ and ‘talent management & leadership’ ranked in the top three (24%) to help improve customer experience and drive sales. “[We We are] looking at technology that will help streamline and reduce appraisal costs for the borrower. Surveyed lending executives had a pessimistic outlook toward the economy.

Lending 370

Lending Technology Mortgages Construction 370

Housing Wire

FEBRUARY 3, 2023

Recent data on unemployment insurance claims have indicated a stronger job market than the string of layoff announcements from the technology and financial sectors would suggest.” The construction sector added 25,000 jobs in January thanks to a big uptick in the number of specialty trade contractors (up 21,900 jobs).

Marketing 370

Marketing Residential Construction MLS 370

Housing Wire

MAY 14, 2024

Homeownership is used far too often as the federal piggy bank. Last week, we wrote a letter to FHA , offering constructive suggestions to ensure a level playing field between borrowers where the seller agrees to fund buyer brokerage commissions and where the seller doesn’t. Such opportunities may arise.

FHA loan 433

FHA loan Loans Title Banks 433

Housing Wire

FEBRUARY 22, 2024

Tiffany Fletcher: Real Estate Owned (REO), acquired by lenders , banks, or financial institutions typically due to mortgage loan defaults, involves the strategic marketing and sale of existing properties to mitigate losses on outstanding loans. Balancing supply and demand is a delicate dance between new construction and existing properties.

Due diligence 427

Due diligence Marketing Mortgages New Construction 427

Housing Wire

JUNE 23, 2021

Allowing for more manufactured housing and better incorporation of innovative construction approaches such as 3-D printing technology and panelized, and container construction can help cut the cost of construction.

Marketing 440

Marketing Construction Industrial Mortgages 440

Housing Wire

MARCH 1, 2022

News just broke that private equity investor LLR Partners announced strategic investments in two mortgage technology companies — Mortgage Coach and Sales Boomerang ( click here for article ). LLR is not a newcomer to mortgage technology or the overall fintech market. “Hey Clayton …” and a link. In 2016 LLR led a $26.5 No surprise here.

Technology 392

Technology Brokerage Lending Mortgages 392

Housing Wire

APRIL 19, 2021

” One of Qualia’s newest features, Qualia Core provides more functionality for clients by executing split closings and construction draws, addressing accounting issues, collaborating with underwriters, and tailoring workflows. Realtors, lenders, and attorneys can use Qualia Connect to immediately open their orders in one place.

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Title Principal Closing Construction 346

Toronto Realty Blog

APRIL 3, 2025

But if we’re going to have an honest discussion about the issue of developers suing pre-construction condo buyers which is only just beginning in Toronto, we truly are going to kick over the hornet’s nest because I have to ask the obvious question: Who is to blame? I have never sold a single pre-construction condo.

Construction 72

Construction Development Purchase and sale agreement Banks 72

Housing Wire

MAY 5, 2022

Now, these younger buyers are driving financial institutions to adapt to their expectations for more streamlined user experiences , accelerating digital transformations with new technology that will move the mortgage industry into a truly digital age. . Condo markets and new construction will swell. On-demand expectations.

Mortgages 370

Mortgages Technology Lending New Construction 370

Housing Wire

APRIL 13, 2023

I have often found that where technology and financial services come together, the no’s are necessary. Our calendars, schedules and agendas construct a gymnasium where purpose gains definition. As such, shouldn’t we learn to make them happen productively? Saying no is an inevitability — or rather, it should be.

Technology 388

Technology Construction Banks Finance 388

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 The notes were originated by Unlock Technologies, issued by private investment firm Saluda Grade and rated by DBRS Morningstar.

Equity 461

Equity Finance Purchase and sale agreement Investor 461