Housing Wire

MAY 11, 2023

This integration allows lenders to access Flueid’s title data and insights during the loan application process, resulting in time savings and a simplified consumer experience. Loan officers and underwriters can now easily check title information and review critical insights to understand the status of a property and consumer.

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Loans Title Title search Loan Officer 335

Housing Wire

DECEMBER 20, 2023

Mortgage rates had climbed close to the 7% range and he was determined to remain competitive on pricing with rival loan officers in North Carolina. After Mike paid his loan officer assistant, he was clearing just 40 bps. It was late 2022 and Mike was feeling the pressure. The lower comp rate stung.

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Loan Officer Loans Lending Mortgages 434

Housing Wire

NOVEMBER 30, 2022

Cloudvirga’s platform solves for both by creating the best experience for borrowers and loan officers. The Cloudvirga team has been able to dramatically improve the experience of the borrower and the loan officer. It focuses on more than just task management and automation.

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Loan Officer Loans Branding Technology 304

Housing Wire

JUNE 22, 2023

Wholesale mortgage lender The Loan Store (TLS) announced on Thursday the roll-out of its new home equity line of credit (HELOC) product, which is currently available in 25 states and Washington, D.C. This approach allows The Loan Store to offer same-day approvals and HELOC funding in as little as three business days after final approval.

Loans 318

Loans Pre-approval Equity Finance 318

Housing Wire

AUGUST 31, 2023

And as a loan officer (LO), why should I care? A look into GSE appraisal modernization efforts The GSEs have each offered appraisal waivers on eligible loans for several years. For an LO working to get the loan to the finish line, this can be a huge time saver. Why do we need them? Who is eligible to take advantage of them?

Loans 322

Loans Inspection Lending Technology 322

Housing Wire

SEPTEMBER 29, 2022

Last month, President Joe Biden announced the federal government would forgive hundreds of billions of dollars of student loans. The student loan debt forgiveness decision has provoked a broad range of reactions. Some thought the forgiveness was too much, a betrayal of all of those who paid for college or repaid their loans.

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Loans Construction Design As-is 337

Housing Wire

AUGUST 2, 2021

The technology components required to digitize closings – things like eSignatures and webcams – have existed for decades. But until recently, digital closings had never been adopted at scale. It enables lenders to connect with all parties and technologies involved in a mortgage transaction to complete the entire closing process online.

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Closing Technology Mortgages Title 377

Housing Wire

MAY 23, 2023

The growing wave of loan-repurchase requests from Fannie Mae and Freddie Mac has yet another major wrinkle, industry sources reveal, and this new problem, if accurate as alleged, threatens to disrupt future merger and acquisition (M&A) activity in the mortgage-finance industry.

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Loans Purchase and sale agreement Due diligence Industrial 333

Housing Wire

MAY 4, 2022

Digital-mortgage exchange and loan aggregator MAXEX is launching a new loan-purchasing program for originators looking to tap into the growing mortgage demand from individual and small-business real estate investors. In addition, MAXEX, based in Atlanta, announced that it is expanding its bulk- and forward-trading loan programs. “By

Loans 371

Loans Investor Mortgages Banks 371

Housing Wire

JULY 31, 2022

The Closing Exchange (TCX) partners with its clients to configure solutions to support their workflow at every stage of their digital evolution. TCX provides a perfect mix of technology and service, providing its clients with the choice of how to close a loan at every stage of its digital evolution. Alan Frelix, CEO.

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Closing Title Technology Staging 289

Housing Wire

JANUARY 29, 2021

Over $4 trillion in originations made its way through the housing market last year, and new data from mortgage software firm LBA Ware revealed that by the end of 2020, loan officers played every last card in their deck to get those deals closed by New Years. Despite per-loan compensation decreasing 0.2% Mortgage Tech Demo Day.

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Loan Officer Loans Mortgages Industrial 380

Housing Wire

NOVEMBER 1, 2023

But for some borrowers, a less traditional loan type could make the most financial sense. In the run-up to 2008, many lenders emphasized low introductory mortgage rates and weren’t required to disclose the final terms until closing day. In many cases, that product may still be a fixed-rate mortgage.

Loans 326

Loans Fixed-rate mortgage Lending Loan Officer 326

Housing Wire

MAY 16, 2024

As a result, brokers no longer need to deal with a title company or settlement agent to close a refi. It said TRAC+ will allow the lender to “manage title review, closing, and disbursement.” It’s available to conventional loans only in purchase and refinance transactions. loans but only for refinances.

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Title Loans Mortgages Closing 419

Housing Wire

APRIL 18, 2024

These include oversight of the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac , mortgage purchases designed to improve affordability for low-income homeowners, vendor partnerships and investments in the Low-Income Housing Tax Credit (LIHTC) program. The GSEs also “invested over $1.7

Closing costs 316

Closing costs Loans Finance Design 316

Housing Wire

SEPTEMBER 30, 2021

The company’s powerful, end-to-end eMortgage technology is available via an intuitive interface that can be deployed quickly, and the company prides itself on its highly consultative approach designed to make the transition as easy as possible. The company quickly grew to offering custom form design and software.

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Closing Technology Lending Loans 270

Housing Wire

JUNE 17, 2022

I am about to say something in 2022 that no one in software design and process management would say. Do loan officers need more technology than they currently have? Most loan officers do not believe they need more tech than they have now. Most loan officers do not believe they need more tech than they have now.

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Loan Officer Loans Technology Banks 323

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. Consumer loans such as mortgages and other financial documents require notarization. Register for the FinLedger Daily Newsletter.

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Closing Loans Banks Investor 442

Housing Wire

MAY 25, 2021

HousingWire recently spoke with Trevor Gauthier, CEO of ACES Quality Management, about the effects of 2020 on loan quality and what lenders should expect regarding loan quality and risk management this year. HW: What effect did the pandemic have on loan quality in 2020?

Loans 378

Loans Pre-qualification Lending Industrial 378

Housing Wire

MAY 15, 2024

Government-sponsored enterprise (GSE) Freddie Mac has put its finger on the scale of an emerging loan market that has been the domain of the private-label securities market, which has nurtured its reemergence in recent years. billion have been securitized in the private-label market, “of which $4.5

Equity 378

Equity Loans Investor Mortgages 378

Housing Wire

MARCH 11, 2024

Solutions within Floify Lender Edition allow lenders to improve recruitment and retention of top-producing loan officers and to navigate regulatory landscapes, according to the company’s website. is a software development company that offers a digital loan origination system and POS for the mortgage industry.

Mortgages 356

Mortgages Loan Officer Loans Banks 356

Housing Wire

APRIL 29, 2024

The action is designed to inform consumers about the potential pros and cons of taking out these loans, according to an announcement issued by Attorney General Dana Nessel’s office on Monday. “A As long as you retain ownership of the home and pay the property taxes, the loan will not become due.”

Mortgages 364

Mortgages Equity Loans Closing 364

Housing Wire

JANUARY 10, 2024

Software development company Blue Sage Solutions has launched a new servicing platform that merges loan origination and servicing functions using API-based technology. Additionally, the platform is accessible to all users, regardless of their current loan origination software.

Lending 342

Lending Loans Technology Investor 342

Housing Wire

MARCH 13, 2024

If the loan doesn’t close, the cost will be covered by UWM. If the loan closes, UWM will recoup the cost from the borrower in the closing disclosure, UWM’s website stated. The program, which initially launched in October 2022, provided brokers with single-bureau soft credit checks on conventional loans for $10.

Loans 411

Loans Mortgages Closing Finance 411

Housing Wire

MAY 15, 2024

Government-sponsored enterprise (GSE) Freddie Mac has put its finger on the scale of an emerging loan market that has been the domain of the private-label securities market, which has nurtured its reemergence in recent years. billion have been securitized in the private-label market, “of which $4.5

Equity 317

Equity Marketing Loans Investor 317

Housing Wire

MAY 23, 2024

Freddie Mac ’s head of single-family acquisitions, Sonu Mittal , this week defended the government-sponsored enterprise’s proposal to acquire single-family, closed-end second mortgages amid opposition by trade groups that are worried about its impacts on the secondary market. “Six Six out of 10 borrowers are below a 4% mortgage rate.

Equity 342

Equity Closing Mortgages Lending 342

Housing Wire

APRIL 21, 2021

“In 2021, the potential for margin compression could serve as yet another accelerant towards digital mortgage closings as lenders seek to improve capital efficiency and offer a more competitive experience to borrowers.”. Martin: COVID catalyzed digital mortgage closings by creating a renewed sense of urgency.

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Closing Mortgages Development Industrial 288

Housing Wire

SEPTEMBER 30, 2021

Borrowers, loan officers, and the corresponding processors and underwriters are often working on entirely different systems. The platform is loan origination system-agnostic and is designed to deliver value to both borrowers and lenders–”from the point of thought of buying a house to the point of owning a home.” .

Loans 279

Loans Loan Officer Lending Branding 279

Housing Wire

NOVEMBER 7, 2023

FHA loans are a popular option for first-time homebuyers or those who don’t have a lot of cash saved for a down payment, because the loans require a minimum of 3.5% VA loans offer a 100% financing option for qualifying military service members and veterans, and don’t require mortgage insurance. points from the 7.5%

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VA loan Agents Seller concession FHA loan 434

Housing Wire

MAY 16, 2024

Today, we are providing $40 million more to expand these services — specifically for underserved communities — so we can build the next generation of homeowners and close the racial homeownership gap,” she said. They have helped homeowners maintain their homes, avoid foreclosure and bolster their financial literacy on housing topics.

Equity 399

Equity Loans Mortgages Development 399

Housing Wire

MAY 7, 2024

Mortgage capital markets tech firm Polly announced on Tuesday that it has launched “Polly/AI,” which integrates artificial intelligence (AI) technology into the newest version of its product and pricing engine (PPE) and includes a “co-pilot” for loan officers that will “process, interpret, and recommend a range of outcome-driven results.”

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Loan Officer Commercial Loans Mortgages 308

Housing Wire

SEPTEMBER 30, 2021

The loan origination process can be time-consuming and inefficient due to manual processes. Origence has addressed these common pain points by launching the Origence Mortgage Platform, a tightly integrated point of sale and loan origination system.

Loans 290

Loans Mortgages Technology Industrial 290

Housing Wire

NOVEMBER 9, 2020

One area in the mortgage and real estate industry that has been evolving for nearly two decades is digital closings. Much like efforts to achieve full self-driving vehicles, the road to achieve full digital closings has been bumpy. E-mortgage volume spikes. History of ‘e’. Treasury recommends standardization.

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Closing Title Technology Land 431

Housing Wire

MARCH 12, 2024

Lenders can choose to integrate and configure many third-party services such as verification of asset, verification of employment/ verification of income , e-signing and e-closing. Unlike off-the-shelf POS solutions, Blueprint Builder allows lenders to customize technology that is designed to help improve operations, Maxwell noted.

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Lending Technology Loans Equity 332

Housing Wire

APRIL 10, 2024

Debbie launched the marketing campaign for “A Seat at the Closing Table,” designed to train loan officers on the nuances of working with underserved borrowers and to offer toolkits and templates that will help them close more loans in minority communities.

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Marketing Loan Officer Branding Loans 313

Housing Wire

FEBRUARY 13, 2024

He was also behind Sales Boomerang’s achievements of helping 150-plus leading lenders close more than $30 billion in additional loan volume while outperforming industrywide customer retention rates by three to five times. “We He was named a 2021 HW Insider after Sales Boomerang debuted in the top 5% of the Inc.

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Sales Mortgages Title Loans 384

Housing Wire

OCTOBER 6, 2020

The CoreLogic Title & Closing Solution offers an enhanced workflow designed to support lenders and vendors in the title and closing process. With systems already integrated into lenders’ loan origination systems, lenders can automate title and closing directly from their system of record.

Closing 195

Closing Title Loans Design 195

Housing Wire

DECEMBER 14, 2020

In addition to the struggles of maintaining clear lines of communication, consumer safety became a major concern in real estate technology as the risk wire and title fraud also began to climb as loan volumes increased. Some companies still tried to manage the influx in a traditional way by hiring rapidly.

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Title Loans Technology Closing 224