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

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. TF: Effective risk management in REO asset sales involves awareness of the intrinsic risks.

Due diligence 409

Due diligence Marketing Mortgages New Construction 409

Housing Wire

MAY 2, 2021

Real estate technology has changed rapidly over the last few years, and property valuation is no exception. Quantarium, an artificial intelligence and RE data analytics company, along with Valligent Technologies, a valuation technology innovator and an appraisal management company, created QVM Insights.

Technology 222

Technology Inspection Loans Residential 222

Housing Wire

JANUARY 5, 2024

Working with our new Board of Directors, our vision is to bring to the real estate professionals of San Diego County the best in MLS service, providing them with the tools they need for success in the changing world of residential real estate sales.” Klein has over 40 years of real estate industry experience.

MLS 419

MLS Technology Residential Banks 419

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.

Lending 384

Lending Banks Title Commercial 384

Housing Wire

APRIL 18, 2024

The report defines a critical defect as one that “would result in the loan being uninsurable or ineligible for sale.” So, the lender, regardless of size, has to come out of pocket and pay for the due diligence, but then they allegedly recapture that cost through better execution [of the loan sale to the end investor].”

Loans 421

Loans Due diligence Investor Technology 421

Housing Wire

NOVEMBER 12, 2020

In April, with the coronavirus pandemic raging across the country, leaders at JPMorgan Chase made the call: the bank was going to significantly tighten mortgage lending standards. Lake did not elaborate, and representatives for the retail bank did not immediately respond to HousingWire’s requests for comment.

Mortgages 441

Mortgages Banks Lending Investor 441

Housing Wire

FEBRUARY 21, 2024

Graduates of the program commonly find job placements with lenders, technology companies, fintech and proptech firms, or title companies. Many Axis trainees come from sales-based careers in hospitality, retail or insurance, which makes it easier to adapt to the mortgage business. But some are completely fresh to the field.

Mortgages 421

Mortgages Title Marketing Lending 421

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. The lender’s gain-on-sale margin increased to 2.34% for the six months ended June 30, 2023, from 0.99% for the six months ended June 30, 2022. bank – in April 2023. million in cash and $3.4

Purchase and sale agreement 370

Purchase and sale agreement Loans Banks Finance 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. A successful sale of stock at $24.50

Marketing 406

Marketing Brokerage Residential Banks 406

Housing Wire

MARCH 9, 2022

The firm, founded in 2008, also provides document management services for closing, purchase, sale and securitization of residential and business-purpose mortgage loans. Edgemac’s clients span banks, investment banks, Trustees, investors, government entities and mortgage companies. Learn here!

Due diligence 361

Due diligence Loans Banks Mortgages 361

Housing Wire

OCTOBER 4, 2022

Bank of America. Built Technologies. Sales Boomerang and Mortgage Coach. Sales Boomerang and Mortgage Coach. Chief Technology Officer. Senior Executive Vice President, President of Residential Servicing and Correspondent Lending. SRE Technologies. Chief Technology Officer. Candor Technology.

Lending 410

Lending Technology Finance Mortgages 410

Housing Wire

FEBRUARY 14, 2024

In the article, Moody’s said they anticipate an increase in MSR sales in 2024, which will result in a short-term gain in liquidity at the expense of a weaker franchise in the future. Servicing software APIs simplify in-house servicing Digital technologies can help lenders reduce errors, costs, and processing times, delivering better service.

Investor 404

Investor Loans Mortgages Principal 404

Housing Wire

MARCH 25, 2021

As the refi boom fades, gain-on-sale margins at loanDepot are declining, the company disclosed in a new filing with the Securities and Exchange Commission this week. billion worth of residential loans in January and February, compared to the $37.4 billion the company originated in the fourth quarter of 2020. Mortgage Tech Demo Day.

Mortgages 491

Mortgages Sales Industrial Residential 491

Housing Wire

JULY 28, 2022

In light of this, HousingWire recently caught up with Teraverde Chief Technology & Innovation Officer Rob Peterson to learn more about the key to lender profitability in today’s lending environment. Rob Peterson: Most segments of the economy have effectively adopted technology to reduce their costs. Louis computes a 34.7%

Technology 396

Technology Lending Loans Residential 396

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. The tech solution giving community lenders an advantage.

Mortgages 392

Mortgages Investor Technology Banks 392

Housing Wire

NOVEMBER 16, 2021

PIMCO, founded in 1971, has a long history of aggregating residential mortgage loans as well as managing assets for corporations, sovereign wealth funds, pension funds and other investors. And if we can better bank those investors and consumers, it could be just a massive addressable market for the company.”. Approximately 24.9%

Equity 408

Equity Investor Marketing Title 408

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. Government and conforming loans held for sale would have a 20% risk weight. Other loans held for sale would have a 50% risk weight. “It’s a scary situation.”

Marketing 421

Marketing Lending Loans Principal 421

Housing Wire

MARCH 30, 2022

The title insurance space isn’t generally known for placing outsized bets on technology. Hurst: Over the first few years of our venture investment activities, we predominantly invested in new models for engaging customers and stakeholders in the residential purchase market. As of Sept.

Title 370

Title Mortgages Commercial Technology 370

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

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

Housing Wire

APRIL 3, 2023

The funding has allowed the firm to grow exponentially, de-throning residential real estate’s two biggest brokerages— Anywhere Real Estate and Berkshire Hathaway Homeservices —in just over a decade. Layer in the instability in the banking ecosystem right now, and it’s even more challenging. billion and it had $1.5 Although it had $6.6

Banks 392

Banks Brokerage Closing As-is 392

Housing Wire

DECEMBER 16, 2021

And today, unlike many other mortgage lenders, we reenter the residential mortgage origination market without any legacy challenges.”. In fact, the lender boasted of its ability to train people with no background in mortgage banking to be top-notch LOs through a rigorous training course paid for by Interfirst. 375% below the market.”

Mortgages 370

Mortgages Loan Officer Loans Technology 370

Housing Wire

MARCH 10, 2023

A host of nonbanks and traditional depository lenders, such as banks and credit unions, as well as a growing number of fintech firms continue to ramp up efforts and product lines to meet that demand. As of March 8, according to Commerce Bank , the prime rate was 7.75%. to 2 points.” level from the first quarter of 2021.”

Equity 370

Equity Marketing Debt-to-income ratio Lending 370

McKissock

SEPTEMBER 13, 2021

Get his advice for using technology and specifically, social media to engage today’s digital real estate customer. A fallback plan and a bit of luck might have landed Matt Pittman —a Re/Max Achiever with specialties in both residential and investment properties in Lombard, Illinois—a job as an agent. “I love people!

Technology 59

Technology Agents As-is Land 59

GeekEstate

SEPTEMBER 20, 2022

Agently reinvents the traditional CRM concept by embedding action-based coaching to gamify the marketing and sales process for agents. CubiCasa : Its technology is used in 172 different countries and has helped create over 1 million floor plans to date. Renters can earn cash back and build savings through financial tips and tools.

Inspection 119

Inspection Property Management Technology Agents 119

Housing Wire

JANUARY 26, 2021

Amerant Bank , one of the largest community banks in Florida, announced that it is venturing into the mortgage industry with the formation of Amerant Mortgage. The company said this expansion was a direct response to the state’s growing demand for residential mortgages. The bank will retain the majority ownership of the JV.

Banks 370

Banks Mortgages Residential Technology 370

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.

Principal 86

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. We also give them something called a guaranteed sale price,” Cunningham added. Register for the FinLedger Daily Newsletter.

Title 322

Title Branding Principal Loans 322

Redfin

FEBRUARY 21, 2024

Manchester, New Hampshire Population: 115,644 Median Sale Price: $411,750 Manchester, NH homes for sale Manchester, NH houses for rent As the biggest city in New Hampshire, Manchester provides residents with a great arts scene, highlighted by the historic Palace Theatre and the Currier Museum of Art. Explore more of Concord, NH 4.

Banks 62

Banks Sales Commercial Residential 62

Realty Biz

DECEMBER 2, 2022

After a career in banking, Brittny earned her real estate license in 2013 and launched her firm, Brittny McKay Real Estate, in 2017. The ERA Real Estate network includes more than 40,000 affiliated brokers and independent sales associates and approximately 2,390 offices throughout the United States and 33 other countries and territories.

Branding 83

Branding Technology Agents Development 83

Realty Biz

JULY 14, 2022

In 2005, he briefly joined his father’s residential brokerage in Goshen, N.Y., Garby began her career in investment banking and real estate investing, leveraging her experience to transition into a real estate sales career in 2015. . before opening his full-service firm in Warwick, N.Y., and Sussex County, N.J. is $285,500.

Commercial 75

Commercial Branding Brokerage Development 75

Housing Wire

MARCH 15, 2024

Let’s face it: joint ventures (JVs) and affiliated business arrangements (ABAs) are all the rage in the residential real estate space right now. 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.

Commercial 421

Commercial Brokerage Due diligence Title 421

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. Leading by Example.

Branding 98

Branding Brokerage Technology Agents 98

RIS Media

SEPTEMBER 21, 2021

She is a highly experienced REALTOR® in estates, investment, residential and trust properties. She began her real estate career 16 years ago, focusing on new construction sales. As her career evolved, Gibbens became a specialist in another area, CAFO or concentrated animal feeding operation sales. Wendy Holcomb. Rachel Mann.

Loan Officer 97

Loan Officer New Construction Brokerage Principal 97

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.

New Construction 52

New Construction Construction Probate sale Investor 52

Realtor.com

MARCH 17, 2021

On the advent of this surreal anniversary, we thought it fitting to look at all the ways the pandemic has changed residential real estate transactions—and why many of these adjustments are likely to stick around for good. As such, this relatively new technology is no doubt here to stay, and will only become more sophisticated over time.

Pre-approval 130

Pre-approval Residential Closing Technology 130