Housing Wire

MARCH 10, 2023

Stubborn inflation and high interest rates continue to wreak havoc on the mortgage-origination market, but there is one asset class in the housing market that is arguably flourishing in these hard times – home equity. They are saying, ‘Tell me what’s working, how can I stand a program up so I can capture some of this [home-equity] business.”

Equity 370

Equity Marketing Debt-to-income ratio Lending 370

Housing Wire

FEBRUARY 17, 2023

Fintech Figure Technologies will partner with NovaWulf Digital Management to provide blockchain technology solutions for a proposed reorganization of troubled crypto lender Celsius. NewCo is expected to be a public reporting company that is initially 100% owned by Celsius creditors with its common equity provided in a tokenized form.

Bankruptcy 367

Bankruptcy Equity Technology Lending 367

Housing Wire

NOVEMBER 8, 2022

Publicly traded lending software firm MeridianLink has acquired OpenClose , a fintech company that specializes in residential mortgage software solutions for banks, credit unions and mortgage lenders. In April, MeridianLink paid roughly $28 million to acquire StreetShares , which provides lending technology to banks and credit unions.

Mortgages 421

Mortgages Lending Technology Banks 421

Housing Wire

APRIL 19, 2022

Those new investments include venture capital plays, particularly in the financial-technology arena. Abate described technology as being key to “building efficiencies” to accomplish the real estate investment trust’s goals. Vesta Equity , another blockchain-enabled marketplace for tokenized home-equity investments. “As

Equity 384

Equity Technology Investor Residential 384

Housing Wire

NOVEMBER 11, 2020

LoanDepot, which has a reputation for investing heavily in technology, was the sixth-largest mortgage lender in 2019 , issuing 146,000 originations. coupon amid a historic boom time for the residential mortgage industry. Since then, a number of other large independent mortgage banks have announced plans to file suit.

Equity 432

Equity Technology Lending Mortgages 432

Housing Wire

FEBRUARY 21, 2024

Graduates of the program commonly find job placements with lenders, technology companies, fintech and proptech firms, or title companies. MBA entry-level initiative In a parallel effort, the Mortgage Bankers Association (MBA) introduced “Mortgage Banking Bound” in 2023. In 2023, the survey found that 58.6% were women.

Mortgages 434

Mortgages Title Marketing Lending 434

Housing Wire

APRIL 16, 2021

Blend’s white label technology is what powers mortgage applications on the site of banks such as Wells Fargo and U.S. Bank and integrated with CoreLogic in 2019 for an easier access line to borrowers’ credit. In all, its technology platforms saw $1.4 trillion in mortgages and other loans in 2020, Blend said.

Banks 370

Banks Lending Technology Mortgages 370

Housing Wire

AUGUST 17, 2023

InstaLend is a tech-enabled real estate loan lender that provides capital to residential developers through streamlined technology and automated workflow, according to its website. Companies that debuted on the Inc. 5000 list notably relied on tech or niche products to generate volume. 5000 – 2023

Mortgages 370

Mortgages Loan Officer Fixed-rate mortgage Loans 370

Housing Wire

AUGUST 16, 2022

Trius Lending, a local direct and hard-money lender specializing in residential investment, attributed its rapid success to customizing to investors’ needs. According to the firm, the core business at Trius Lending is residential rentals or properties for fix-and-flip. Zap Mortgage (no.335), 335), Trius Lending Partners (no.

Mortgages 370

Mortgages Lending Investor Loans 370

Housing Wire

MARCH 23, 2021

Residential brokerage Compass took another step toward becoming a publicly traded company Tuesday, declaring it intends to sell common stock at a share price of between $23 and $26. million shares to the investment banks underwriting the initial public offering. The underwriters include Goldman Sachs Co. stock price offering.

Marketing 416

Marketing Brokerage Banks Residential 416

Housing Wire

APRIL 26, 2022

LoanSnap is a mortgage company that employs artificial intelligence (AI) technology to originate loans more efficiently and faster. As far as a borrower is concerned, they just have a home loan, and they make a payment just like they normally would from their bank account, or they also can make it from their crypto [currency] wallet.”.

Due diligence 450

Due diligence Mortgages Equity Loans 450

Housing Wire

AUGUST 28, 2023

CEO Vishal Garg said in an interview with HousingWire that the company targets mortgage marketplace and white-label technology models. Filings show Better completed the acquisition of Birmingham Bank – a regulated U.K bank – in April 2023. The company acquired 100% of the equity of Birmingham for a total consideration of $19.3

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Purchase and sale agreement Loans Banks Finance 370

Housing Wire

OCTOBER 9, 2020

During the half-hour discussion, the panelists offered their takes on capital market appetite by channel, touching on the rise of the nonbank, regulatory challenges, IPOs, adaptation and technology, the upcoming adverse-market fee, MSR value and even the forbearance timelines. ” The banking tech laggard.

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Marketing Banks Investor Technology 370

Housing Wire

DECEMBER 29, 2020

“Mandatory Analytics provides our investor clients with transparency, allowing them to identify where execution efforts are succeeding, where they are losing to the market, and why,” said Scott Happ, president, Black Knight secondary mortgage marketing technologies. Presented by: Maxwell.

Mortgages 396

Mortgages Investor Technology Banks 396

Housing Wire

JULY 12, 2021

Trussle’s investors include American bank Goldman Sachs and Amsterdam-based venture capital fund Finch Capital. trillion residential mortgage market. It will utilize Better’s technology to source and execute deals. via a high street bank,” Garg said. “We Better claims it would have a post-equity value of $7.7

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Brokerage Mortgages Loan Officer Banks 421

Housing Wire

NOVEMBER 17, 2022

The executive spoke during a panel at the 8th Annual Residential Mortgage Servicing Rights Forum, a conference held in Manhattan on November 14 and 15. Of those issuers already compliant with RBCR, many have ample equity capital to support the acquisition of MSRs that may come on the market.” “It’s a scary situation.”

Marketing 421

Marketing Lending Loans Principal 421

Housing Wire

FEBRUARY 8, 2021

The momentum for non-bank lending is here to stay. According to figures from Inside Mortgage Finance , California-based loanDepot originated about $100 billion worth of residential mortgages in 2020. In its S-1, loanDepot touts its entrepreneurial ethos and its technology platform, called “mello.”

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Lending Branding Mortgages Loans 458

Housing Wire

JUNE 6, 2022

Wells Fargo , one of the nation’s largest banks, had at least 114 layoffs in its home lending business following a drop in revenue in that division in the first quarter of 2022. Wells Fargo will be providing severance and career counseling, and helping affected employees identify other positions within the bank.

Mortgages 421

Mortgages Loan Officer Lending Loans 421

RIS Media

MARCH 31, 2022

Second Century Ventures, the strategic investment arm of the National Association of REALTORS® and the real estate technology fund, has announced the acceptance of 11 companies to the 2022 REACH UK program. Solutions for the Residential Sector. Solutions for the Commercial Sector.

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Technology Commercial Finance Development 98

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. Compass is the #1 residential real estate brokerage in the United States by closed sales volume. Compass, Inc. She holds an A.B. About Compass.

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Principal Development Brokerage Residential 86

Housing Wire

SEPTEMBER 10, 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. Register for the FinLedger Daily Newsletter. This latest round also marks Orchard’s second capital raise in the past year.

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Title Branding Principal Loans 351

McKissock

FEBRUARY 13, 2023

He is the principal expert for all matters related to residential property appraisals and valuation solutions at Veros. Jeff is also a member of the Appraisal Foundation’s Diversity, Equity, and Inclusion committee and the Industry Advisory Council (IAC) taskforce.

VA loan 85

VA loan Principal Development Title 85

Housing Wire

JUNE 2, 2022

Morgan CEO Jamie Dimon is famously no fan of crypto, the bank dove into the enigmatic world of blockchain-based finance in 2020 with the launch of Onyx , a business unit devoted to exploring and expanding the use of blockchain technologies. . also recognize the industry-changing potential of blockchain-enabled technology.

Equity 397

Equity Due diligence Technology Investor 397

Realtor.com

MARCH 12, 2021

Lenders consider credit history, income and home equity when evaluating applications. The national average for associated refinancing fees is nearly $3,400 with taxes, according to ClosingCorp, a firm providing residential real-estate data. How will the equity in my house affect the situation? Should I consider a cash-out refi?

Fixed-rate mortgage 87

Fixed-rate mortgage Mortgages Closing costs Equity 87

RIS Media

MARCH 7, 2022

“It’s one of the many reasons why nobody in the world sells more real estate than RE/MAX, as measured by residential transaction sides.” As a harbinger in the brand’s technological revolution, Smith reflects the company culture of seeking solutions that work for all stakeholders. ” Growing to New Levels.

Branding 98

Branding Brokerage Technology Agents 98

McKissock

FEBRUARY 13, 2023

He is the principal expert for all matters related to residential property appraisals and valuation solutions at Veros. Jeff is also a member of the Appraisal Foundation’s Diversity, Equity, and Inclusion committee and the Industry Advisory Council (IAC) taskforce.

VA loan 52

VA loan Principal Development Title 52

Norada Real Estate

JANUARY 27, 2023

When it comes to investing in residential real estate, there are only two basic types of property you can invest in – new construction and resale. If your investment focus is on pre-foreclosure, foreclosure, bank-owned property (REOs), or probate sales then you are likely to be purchasing resale properties.

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New Construction Construction Probate sale Investor 52

Housing Wire

AUGUST 21, 2023

LoanStar Technologies , which connects lenders with borrowers who are traditionally underbanked or unbanked, also made the list again. 469 LoanStar Technologies 1,241% 2016 Enabling lenders to connect and lend to customers who are traditionally underbanked or unbanked. Homelight , a platform for homebuyers and sellers, was No.

Equity 370

Equity Technology Investor Lending 370

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. Home equity is really a no-brainer today. Whatever I have for me, I will do it for them as well.

Mortgages 450

Mortgages Loan Officer Loans Equity 450

Housing Wire

AUGUST 15, 2023

. • The other major tailwind for the non-QM lending market has been the turmoil in the banking sector, including a spate of bank failures earlier this year; upward pressure on deposit rates, set against low-return portfolio assets, such as legacy residential mortgage-backed securities (RMBS); and increased regulatory-capital pressures. “I

Lending 370

Lending Banks Investor Loans 370

Marco Santarelli

JULY 25, 2022

The previous housing bubble in the United States in the mid-2000s was caused in part by another bubble, this time in the technology industry. During the late 1990s dotcom bubble, many new technology companies' stock was purchased quickly. By 2000, the Nasdaq peaked, and when the tech bubble burst, many high-flying equities plummeted.

Marketing 52

Marketing Lending Mortgages Equity 52

Housing Wire

OCTOBER 18, 2022

homeowners sitting on more than $30 trillion dollars in home equity, many lenders are looking to the latest AVMs to improve the accuracy and efficiency of their home equity lending. Here are four ways the next generation of AVMs are reducing risk, accelerating decision making and cutting the cost of home equity originations.

Equity 306

Equity Lending Technology Loans 306

GeekEstate

AUGUST 4, 2022

The capital will be invested “in software, hardware, renewable energy, energy storage, smart buildings and carbon sequestration technologies.” ” The fund has already backed Assembly OSM, Brimstone, Clarity AI, Electric Hydrogen, Icon, Sealed, Span, Turntide Technologies and Wildcat Discovery Technologies. .”

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Purchase and sale agreement Technology Brokerage Agents 112

Real Trends

JULY 28, 2022

Canadian buyers are taking a breath as they wait to see where prices will land as the market normalizes, according to the Engel & Völkers 2022 Mid-Year Canadian Luxury Real Estate Market Report , a residential property analysis covering the markets in Halifax, Montréal, Ottawa, Toronto, and Vancouver.

Marketing 93

Marketing Due diligence Land Banks 93

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 384

Marketing Title Closing costs Technology 384

Housing Wire

APRIL 12, 2021

Steward currently serves as a member of MBA’s Board of Directors, sits on MBA’s Residential Board of Governors (RESBOG), and is on the board of the MBA Opens Doors Foundation, and both Stewart and SWBC Mortgage Corp. Women bring a social and economic equity lens to business.

Mortgages 450

Mortgages Lending Industrial Finance 450

Real Trends

MAY 13, 2022

“Title and other services were high because of these referral relationships between real estate agents and the settlement service providers,” said Holly Spencer Bunting, who is a lawyer at Mayer Brown and represents businesses on mortgage banking and consumer finance matters. But that entrepreneur can do…well, other things.

Title 75

Title Brokerage Agents Mortgages 75