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Lenders can use closing technology as a bargaining chip

Housing Wire

The mortgage industry is still seeing record-breaking numbers, but those numbers have started to wane and lenders looking to succeed in a slow market need to begin preparations today. Recent trends indicate that the mortgage market is beginning to see the end of the refinance boom and enter a purchase heavy market.

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Execs from Dark Matter Technologies focus on automation to increase Empower’s market share  

Housing Wire

Dark Matter Technologies , formerly Black Knight Origination Technologies, is gearing up to bring more lenders on to use its Empower loan origination system in 2024. Empower is the second largest LOS in the industry after Intercontinental Exchange ‘s (ICE’s) Encompass that takes up more than 40% of the market share.

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Following sale, Black Knight Origination Technologies rebrands to Dark Matter Technologies

Housing Wire

Dark Matter Technologies , formerly Black Knight Origination Technologies, has rebranded after being acquired by the Perseus Operating Group of Constellation Software Inc. ICE Mortgage Technology announced plans to acquire Black Knight for $13.1 The deal closed earlier this month for $11.9

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What’s holding the industry back from broad-scale digital closing adoption?

Housing Wire

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). eMortgage challenges.

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Title industry prepares for changing market conditions

Housing Wire

As mortgage rates rise and home price appreciation continues , employees in the housing industry are hard at work preparing for shifting market conditions. title insurance industry’s risk-adjusted industry capital declined, however, overall it remained supportive of ratings at the close of 2021.

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Polly CEO on using technology to improve margins

Housing Wire

HousingWire Editor in Chief Sarah Wheeler sat down with Adam Carmel , founder and CEO at Polly , to talk about the ways technology should be delivering ROI for lenders. Sarah Wheeler: The cost to originate a mortgage is higher than ever, while companies have invested more in technology than ever before. What is the disconnect there?

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Xome names industry vet Mike Jansta COO

Housing Wire

Jansta joins Xome from Altisource , where he served for two years as the chief marketing officer. Mike’s passion for leveraging technology to facilitate online property auctions makes him a perfect fit for Xome,” the company said in the post.