Housing Wire

DECEMBER 18, 2023

The Federal Communications Commission (FCC) last week released a new order amending its “express consent” rules for the Telephone Consumer Protection Act (TCPA), which closes the “lead generator loophole” used by mortgage professionals to connect with potential business leads.

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Housing Wire

JUNE 1, 2022

One avenue to reduce cost and streamline the closing process is to offer digital closings. Lenders and title agents also reported they can close more loans faster with the same or fewer people, and improve overall loan quality by reducing critical errors, avoiding missed signatures and unnecessary rework.

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Housing Wire

NOVEMBER 29, 2021

The Mortgage Industry Standard Maintenance Organization (MISMO) announced last week that the organization is looking for participants for an initiative focused on standardizing pre-closing title document data sets. MISMO hopes that the initiative will streamline the business process and improve the efficiency of the closing process.

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Housing Wire

JANUARY 4, 2022

For well over a decade, the industry has made steady progress in digitizing mortgage closings. As a result, closings today fall on a spectrum of digitization, with benefits that increase with each component that is digitized and each document that is electronically signed (eSigned). Snapdocs eMortgage Quick Start Program.

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Housing Wire

JANUARY 12, 2022

The email explained that the last day to register a loan is January 12, while the last day for closing a transaction is February 28. In acquiring Stearns, the company sought to boost retail loan originations, scale its JV platform, and develop new multichannel capabilities.

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Housing Wire

SEPTEMBER 28, 2021

But as lenders scrambled to keep up with demand, closing errors naturally crept in. In the wake of this unparalleled volume, companies across the housing industry have been working to increase the efficiencies of the entire lending process – including getting closings correct the first time around. But Snapdocs isn’t stopping there.

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Housing Wire

JUNE 24, 2022

Texas lender Mid America Mortgage rebranded as Click n’ Close to expand into the mortgage technology industry following the sale of the majority of its retail lending operations. Click n’ Close will retain retail operations related to its reverse mortgage and lending business for Native Americans, the company said Monday.

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Housing Wire

SEPTEMBER 2, 2022

In addition, the ETF invests in MBS backed by loan pools sourced from non-traditional loan originators, including Community Development Financial Institutions and minority-owned banks. Among Impact Shares’ partners are the NAACP, the YWCA , the United Nations Capital Development Fund and more, according to Owens.

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Closing Marketing Investor Banks 432

Housing Wire

JUNE 24, 2022

Each year, this award spotlights the individuals who have a huge impact behind-the-scenes within their organizations — through operations, product development, hiring, marketing campaigns, or improving efficiency. The post Nominations for HW Insiders Close Today! appeared first on HousingWire.

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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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Housing Wire

MARCH 18, 2022

I closed 28 H4P transactions last year, over 1% of the national total. I subsequently have developed two more CE classes that only deal with HECM loans. The post Reverse mortgage originator: real estate CE helps close more purchase loans appeared first on HousingWire.

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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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Housing Wire

FEBRUARY 19, 2021

Title insurance upstart States Title announced this week $150 million in debt financing from HSCM Bermuda , which will go towards developing a more modern home closing experience. The debt financing will go towards product development, investment in go-to-market growth, and the refinance of debt to Lennar Corp.,

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Housing Wire

OCTOBER 18, 2021

Snapdocs, a digital closing platform, recently announced that it is building Snapdocs eVault, a solution for the secure creation, storage and transfer of eNotes and other digital mortgage documents. At Snapdocs, we are working backwards from a future where mortgage closings are perfect,” King said. “So

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Brownstoner

SEPTEMBER 5, 2023

Here’s What to Expect [NYT] Brooklyn Waves Goodbye to Summer in a Whirl of Feathers and Flags [NYT] Heat Wave Set to Roast NYC This Week [NYP] Confessions of a Former Landmarks Commission Preservationist [BK Mag] An… Read More > The post Daily Links: Epic Fortis-SUNY Cobble Hill Development Deal Never Closed, Now in Lawsuit appeared first (..)

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Housing Wire

SEPTEMBER 15, 2020

The virtual notary services industry has become increasingly popular amid the COVID-19 pandemic as businesses have adopted remote signatures to adhere to social distancing protocols while closing on mortgages and other loans. Electronic closings supported by remote online notarization (RON) offer advantages to notaries, borrowers and lenders.

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Closing Loans Banks Investor 472

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. Prior to the pandemic, ALTA and MBA saw a need to develop model RON legislation. History of ‘e’.

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Closing Title Technology Land 441

Brownstoner

APRIL 1, 2024

In the News Accused Subway Shover Found Little Help in Shelters [NYT] Breaking Ramadan Fast With Brooklyn’s Newest Arrivals [NYT] Five Hurt in East ‘Burg Church Fire During Easter Service [NYP] Section of BQE to Close for Repairs April 13-15 [BP] Brooklyn Kids Say No to Guns [Bushwick Daily] Brace for Up to 4 Days of… Read More > The post (..)

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Inman

DECEMBER 6, 2023

The sale of the Como Residences penthouse, located on the exclusive Palm Jumeirah archipelago, is the priciest ever to close in Dubai. The penthouse is expected to be complete in late 2027.

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Development Sales Closing 163

RIS Media

DECEMBER 14, 2023

Closing on a house culminates weeks or months of house hunting, negotiations, and paperwork. You will learn what is required to close a house and the items needed for a home closing. Closing on a house isn’t rocket science,… The post What is Needed to Close on a House appeared first on RISMedia.

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Closing Sales Development Industrial 134

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. The post Built Technologies closes $88 million Series C funding round appeared first on HousingWire. and Canada.

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Technology Closing Construction Commercial 248

Housing Wire

APRIL 10, 2024

In its March Supervisory Highlights, the FDIC stated that many institutions have developed policies and procedures to ensure sufficient mortgage broker services are provided in order to receive compensation , which was the first of a two-part test. Violations identified vary across different stages of the loan process.

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Banks Brokerage Mortgages Loans 367

Housing Wire

OCTOBER 27, 2023

Since 2015, ALTA has provided education through Home Closing 101, a consumer-focused website that provides information about the closing process, how they can protect their property rights, how to file a claim, and how to find a title company. Closing on a loan can vary from state to state, and even within the same county or city.

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Title Title search Land Closing 499

HomeLight

MARCH 27, 2024

You’ve closed the sale, and you arrive with the moving truck only to discover the previous homeowner or tenant is still living in the house. What do you do if a seller refuses to leave the home after closing? When the buyer does a walkthrough, and if the people aren’t out yet, the buyer can say, ‘I’m not closing.

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Closing Agents Development Sales 67

Housing Wire

JUNE 30, 2021

ServiceLink, which is backed by Fidelity National Financial, meets the unique needs of wholesale lenders by providing title insurance, appraisals, flood certificates and closing services. Our EXOS Title technology offers accelerated title decisioning and a definitive clear-to-close timeline in seconds.

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Closing Title Lending Inspection 196

Housing Wire

MARCH 11, 2024

“Lorraine is a powerhouse in the Manhattan luxury scene, boasting almost two decades of expertise and Kathy is synonymous with excellence and her extensive knowledge of Manhattan luxury and new developments across the city makes her an unstoppable force,” Kevelyn Guzman, regional vice president of Coldwell Banker Warburg, said in a statement.

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Development Brokerage Banks Agents 386

Housing Wire

MARCH 15, 2024

Mortgage pros have closely monitored the commission lawsuit developments since a Kansas City, Missouri jury determined that NAR, HomeServices of America , and Keller Williams conspired to inflate or maintain high commission rates through NAR’s so-called Participation Rule.

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Industrial Seller concession Purchase and sale agreement Agents 504

Realty Biz

FEBRUARY 24, 2023

Real estate development is a significant and ever-involving industry and has been so for many years. The real estate development industry, in 2023, is projected to keep changing and growing. Environmental Trends This year's most significant trend in real estate development is the development of sustainable and eco-friendly structures.

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Development Commercial Technology Industrial 95

Housing Wire

JANUARY 26, 2024

Department of Housing and Urban Development (HUD) Office of the Inspector General (OIG) issued a management alert this week, saying that the department has struggled to identify and prevent “improper payments” related to its programs for 11 consecutive years. billion in FY16 to $45.3 billion in FY23, which is 67.5% We had almost 2,000.”

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Development Closing As-is 391

Brownstoner

AUGUST 2, 2023

According to developer Gilbane Development Company, there… Read More > The post Modular Housing for Low Income Seniors Close to Topping Out at Bushwick’s Hope Gardens appeared first on Brownstoner.

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Closing Development Design 89

Propmodo

FEBRUARY 19, 2024

They have invested in numerous tech companies via their venture arm Spark, acquired AI startup Skyline AI in 2021, and hired a CTO to focus on developing and deploying new tech. But its new partnership with Microsoft for AI solutions could close the gap. JLL Technologies, the company’s tech division, developed the model.

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Closing Commercial Brokerage Technology 105

Housing Wire

APRIL 9, 2024

In the meantime, Rocket developed its patented platform, which the lender claims relies on more than 10 petabytes of proprietary data, 50 million annual call transcripts, deep learning, and generative AI systems. The lender says the technology allows the company to close loans 2.5 times faster than the industry average. “By

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Loans Technology Mortgages Finance 407

Housing Wire

FEBRUARY 27, 2024

Ironic, isn’t it, that an industry purposed to help consumers achieve arguably the most important financial transactions of their lives has a tough time keeping them close? These figures point to a “stickiness” that’s largely missing in our industry.

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Finance Technology Loans Industrial 404

Housing Wire

OCTOBER 3, 2023

The closing software firm is launching Qualia Shield , a funding and disbursement product for title and escrow companies. We developed Shield to combat wire fraud through a fully integrated approach, aiding title companies in offering a unified, elegant, and secure client experience.”

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Earnest money deposit Title Banks Closing 371

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. Through Blue Sage DSP, lenders will be able to close loan transfers, process individual and batch payments, onboard loans as well as collect payments, the company said.

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Lending Loans Technology Investor 376

Realty Biz

OCTOBER 25, 2021

Digital closing software startup Endpoint Closing Inc. Founded in 2018, Los Angeles-based Endpoint was developed by First American in collaborationwith BCG Digital Ventures, which is the investment and incubation arm of Boston Consulting Group. it said this week. billion worth of transactions so far.

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Housing Wire

SEPTEMBER 10, 2022

The SPCP, called “closing the gap,” permits a 1% down payment with a free appraisal, free home warranty program, free homebuying counseling and financial assistance with closing costs. The SPCP loan program will be piloted in Atlanta, Baltimore, Chicago, Detroit, Memphis and Philadelphia.

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Loans Closing costs Development Finance 421