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 349

Equity Marketing Debt-to-income ratio Lending 349

Housing Wire

APRIL 14, 2022

Federal agencies committed to further racial equity through new equity action plans, but for housing, the action plan is light on new action. Biden made racial equity a formal administration priority the same day he took office. HUD’s equity action plan does not include any new funding for the efforts, however.

Equity 371

Equity Finance Technology Title 371

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.

Lending 334

Lending Technology Loans Equity 334

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. Amanda Cherry : Macro trends continue to point to the need for people 55+ to have access to their home equity.

Closing 312

Closing Lending Equity Mortgages 312

Housing Wire

SEPTEMBER 1, 2023

Through the development of improved and sophisticated systems, protocols and technology, these operations leaders are driving their companies to growth and success. In its 8th year, the HW Insiders program is spotlighting the talented operations professionals who are laying the foundation of success for their organizations.

Technology 408

Technology Development Title Lending 408

Housing Wire

JUNE 30, 2021

Home values have increased over the past several months and consumers are realizing there is more equity in their homes than anticipated. This realization has increased demand for wholesale lenders and brokers as borrowers look to refinance, cash-out refinance or otherwise take advantage of the equity in their homes.

Closing 195

Closing Title Lending Inspection 195

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 346

Equity Technology Investor Lending 346

Housing Wire

NOVEMBER 13, 2023

Any person involved in selling a home knows that you cannot increase the price of your home randomly to cover the cost of commissions and other closing costs. The market sets the price of the home, and it cares little for closing costs — or what the homeowner invested in it — when determining the price for which it will sell.

Closing costs 337

Closing costs Equity Agents Technology 337

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 369

Equity Due diligence Technology Investor 369

Housing Wire

AUGUST 30, 2022

This has led many lenders to feel overwhelmed by options and lack understanding of how, when and where to best implement new technology. Many of these goals lead to adding technologies that can both speed up cycle times and drive down costs. Looking Inward. Looking Forward.

Lending 381

Lending Technology Equity Investor 381

Housing Wire

JANUARY 12, 2024

As a marketer by profession, I tend to put these companies into categories to create a narrative and to develop brand specificity. There are hundreds of companies that help with various parts of the transaction and process “supply chain,” from search and valuation to closing, from appraisal to title, from targeting to closing.

Finance 340

Finance Principal Residential Development 340

Housing Wire

MAY 24, 2021

Stavvy, a Boston-based fintech, announced Monday that it landed a $40 million Series A funding round led by Morningside Technology Ventures. COVID19 certainly accelerated development and focus on servicing, coming out of 2019 with record low default and foreclosure.”. Presented by: Sagent Lending Technologies.

Land 348

Land Lending Technology Banks 348

Housing Wire

JUNE 6, 2022

Figure Technologies co-founder and CEO Mike Cagney. Fintech lender Figure Technologies and multichannel originator Homebridge Financial Services last August announced a merger that they claimed would usher in monumental change to the mortgage industry. But things did not happen as expected.

Fixed-rate mortgage 378

Fixed-rate mortgage Lending Technology Loans 378

Housing Wire

JULY 31, 2022

As of January 2022, 92% of all eNotes registered with MERS were created and registered with Wolters Kluwer technology. In anticipation of the shifting market conditions and the expected growth of home equity lending, Wolters Kluwer recently introduced a new solution – OmniVault for Real Estate Finance.

Lending 301

Lending Equity Technology Banks 301

Housing Wire

NOVEMBER 16, 2021

Pierre Naudé, CEO of nCino, said in a statement SimpleNexus’ “innovative solution and deep subject matter expertise in consumer front-end technology will extend [nCino’s] capabilities.”. The transaction is expected to close by the end the fourth quarter and is subject to receipt of regulatory approvals and other customary closing conditions.

Banks 350

Banks Technology Equity Development 350

Housing Wire

OCTOBER 26, 2020

announced Monday an agreement to acquire subservicer ServiceMac , which it anticipates closing at the end of 2021. We’re excited to soon welcome to First American the people of ServiceMac, a rapidly growing company recognized for its technology and business leadership.”. First American Financial Corp. Presented by: Total Expert.

Title 394

Title Technology Equity Mortgages 394

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. Borrowers receive 100% disbursement of funds, with no costs due at closing. The Loan Store, Inc.

Loans 319

Loans Pre-approval Equity Finance 319

GeekEstate

OCTOBER 29, 2021

I’m excited to release Thomvest’s real estate technology market map, which includes more than 240 companies operating within the residential real estate segment. This market map real estate technology companies operating across every phase of the home purchase value chain. As such, we’ve included the Blend logo in those areas.

Technology 135

Technology Marketing Purchase and sale agreement Equity 135

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. The layoffs include loan officers, underwriters, processors, post-closing and secondary market staff.

Banks 332

Banks Loan Officer Loans Lending 332

Housing Wire

OCTOBER 21, 2021

The resources help families with 80% or less of the area median income for down payments or closing costs, for example. Ritchie Torres (D-NY) introduced a bill in both houses proposing changes to the program due to the economic crisis caused by the pandemic, and to spur economic development in low-income communities.

Banks 321

Banks Loans Equity Finance 321

Housing Wire

APRIL 26, 2022

Karl Jacob, CEO and co-founder of LoanSnap , said the cyrpto-mortgage system his company has developed can originate more than just loans that LoanSnap mints. LoanSnap is a mortgage company that employs artificial intelligence (AI) technology to originate loans more efficiently and faster. We’re not huge, but we’re not small either.”.

Due diligence 433

Due diligence Mortgages Equity Loans 433

Housing Wire

JANUARY 5, 2021

The Utah-based software developer offers a private-label digital mortgage platform and mobile app designed to connect lenders with borrowers and real estate agents. Most recently, the private-equity firm invested in Real , a technology-powered real estate brokerage in 2020, and perhaps most notably, e-recording provider Simplifile in 2013.

Loan Officer 384

Loan Officer Lending Equity Mortgages 384

Housing Wire

MARCH 19, 2024

Department of Housing and Urban Development (HUD) Office of Housing Counseling (OHC) has made a series of updates to its Housing Counseling Program Handbook, including extensive additions, consolidations and reorganizations to a section focused on the Home Equity Conversion Mortgage (HECM) program.

Mortgages 335

Mortgages Industrial Equity As-is 335

Housing Wire

JANUARY 27, 2021

They also offer a home equity platform for home equity loan applications and HELOCs under the same umbrella. In its release, Roostify said it intends to use the latest investor backing to advance its current AI technology and grow its staff by 50%.

Lending 323

Lending Technology Loan Officer Equity 323

Housing Wire

SEPTEMBER 21, 2021

The module can also accept appraisals for Home Equity Conversion Mortgages (HECMs), the administration announced last week. According to the administration, this gave mortgagees and their designated technology service providers time to make “necessary adjustments to their systems and processes, including onboarding activities.”.

FHA loan 412

FHA loan Lending Equity Technology 412

Housing Wire

MARCH 29, 2024

A passion for technology led her to work in the fintech and blockchain spaces, and she has now turned her attention to the senior finance space by founding a company called Graceful Finance. But she quickly realized it is facing real challenges, and she began asking why it has not grown and developed to a place it could be. “I

Mortgages 376

Mortgages Finance Loan Officer Equity 376

Housing Wire

NOVEMBER 15, 2022

HousingWire recently spoke with Dan Catinella, chief lending officer at Total Expert, about how Customer Intelligence technology is improving deal flow and pushing the customer experience into the 21st century. . HW: How is Total Expert’s Customer Intelligence helping lenders close more deals?

Loan Officer 378

Loan Officer Marketing Loans Technology 378

Housing Wire

AUGUST 1, 2023

Jennifer McGuinness CEO Pivot Financial Jennifer Battista President of Operations and Insurance, Title – Settlement Services Anywhere Integrated Services Jennifer Vallinayagam Chief Operating Officer Sun West Mortgage Company Jennifer Lind Regional President, West Coldwell Banker Realty Jessica Sturm Executive Vice President Opteon Jillian White (..)

Lending 370

Lending Title Mortgages Equity 370

Housing Wire

AUGUST 12, 2020

This morning, Blend President Tim Mayopoulos (and former CEO of Fannie Mae ) told me that Blend didn’t necessarily “need” the funding but saw the value in accelerating its product development plans. To that end, Blend plans to use the new capital to invest in product development such as speeding up the release of its digital closing solution.

Loans 484

Loans Banks Loan Officer Branding 484

Housing Wire

FEBRUARY 7, 2022

Amid protests set off by George Floyd’s death, Fannie Mae ’s CEO issued a public statement about its commitment to racial equity. I told him, ‘We have this serious racial equity issue still pending, and I hope Fannie Mae is serious about it.’” Our role in housing finance brings important responsibilities.”.

Equity 366

Equity Inspection Real-estate owned Residential 366

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 362

Marketing Title Closing costs Technology 362

Housing Wire

APRIL 14, 2022

Interfirst purchased refinance leads and sent them to Woodward to close. I hadn’t developed a network for mortgage lending with Realtors,” Woodward said about his work at Interfirst in Indiana. . “I had not done first mortgage lending before, but I was familiar with the basics of real estate lending. trillion in 2020 and then $4.4

Mortgages 519

Mortgages Marketing Lending Loans 519

Housing Wire

AUGUST 2, 2021

Vice President of Technology Services. Nexsys Technologies. National Community Reinvestment Coalition, Community Development Fund. Executive, Software Engineering & Technology. GM of Orchard Title and Head of Closing Operations. VP, Product and Client Services, Secondary Marketing Technologies.

Title 393

Title Lending Finance Technology 393

Housing Wire

JULY 15, 2021

Online mortgage marketplace Morty announced the close of a $25 million Series B financing round, pushing the total company valuation to $150 million. Cofounder Nora Apsel said Morty’s funding came entirely in the form of equity, and that the company has raised more than $38 million to date.

Principal 377

Principal Loans Equity Mortgages 377

Housing Wire

MARCH 20, 2024

Many buyers struggled with the financial burden of covering closing costs , making it difficult or impossible to also cover the compensation for agent representation. With the advancements in technology, finding homes online has become easy and straightforward. The unintended consequences of eliminating buyer agency 1.

Debt-to-income ratio 471

Debt-to-income ratio Agents Equity Closing costs 471

Realty Biz

MARCH 23, 2022

There is no denying that 2021 has been a historic year for the real estate industry, especially real estate technology. As you think about where you can focus your business development efforts and investment thesis by 2022, keep these two real estate technologies in mind. Keep a close eye out for the items listed in especially.

Technology 87

Technology Development Industrial Construction 87

RIS Media

JANUARY 18, 2022

a pay-at-closing home improvement solution for real estate agents, brokerages and home sellers, has announced a $65M Series B funding round to support continued growth in the untapped market for fix first, pay-at-closing home improvement. Curbio, Inc., Curbio has raised a total of $93M since its founding in late 2017.

Closing 84

Closing Investor Equity Technology 84