Housing Wire

NOVEMBER 3, 2020

The mortgage industry is no stranger to disruption since the onset of the COVID-19 pandemic. As the premier provider of software, data and analytics solutions to the mortgage and capital markets industries, Black Knight further strengthened its position as a market leader with the acquisition of Optimal Blue in September 2020.

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Housing Wire

SEPTEMBER 26, 2023

Mortgage Machine Services , a digital origination technology provider, has appointed Dan McGrew as director of sales. “The recent launch of our namesake LOS is only the beginning, and we look forward to Dan’s assistance in helping lenders harness the power of our current and future digital lending technology releases.”

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Sales Mortgages Technology Lending 394

Housing Wire

NOVEMBER 2, 2023

Intercontinental Exchange (ICE) Mortgage Technology reported an adjusted operating income of $131 million in the third quarter of 2023, up from Q3 2022’s $126 million — despite the headwinds the mortgage industry is facing. ICE expects to have its second-best year for MSP sales since 2017. from Q3 2022’s $276 million.

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Industrial Mortgages Technology Loan Officer 286

Housing Wire

MAY 9, 2024

The quarter’s positive performance was supported by increased origination volumes at improved margins and servicing sales, which resulted in a non-GAAP net income of $141 million from January to March, compared to a $361 million loss in the previous quarter. billion in closed loan volume from January to March.

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Housing Wire

OCTOBER 12, 2023

As existing-home sales continue to slide and mortgage rates rise ever higher, all but eliminating any hope for refinance transactions, the title insurance industry is doubling down on technology. At the same time, firms overlook the cultural impact the technologies could have, causing us to underestimate their impact on society.

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Title Industrial Land Technology 383

Housing Wire

JUNE 5, 2023

Click here to nominate an industry insider — a client, colleague, boss or friend — it can even be you! For eight years, HousingWire’s Insiders award has been recognizing the high-achieving industry pros whose roles require them to work behind the scenes while making a major impact within their organizations.

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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. The post Mid America Mortgage rebrands to Click n’ Close appeared first on HousingWire.

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Closing Mortgages Lending Technology 340

Housing Wire

FEBRUARY 13, 2024

TRAiNED named Mark Cunningham, a co-founder of Sales Boomerang , as its new CEO. It also hired Arend de Jong , co-founder and former chief financial officer of Sales Boomerang, as CFO, the company announced. He was named a 2021 HW Insider after Sales Boomerang debuted in the top 5% of the Inc. Mortgage tech firm TRAiNED Inc.

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Housing Wire

JULY 19, 2022

We interviewed more than 25 mortgage industry experts to gather the best insights, strategies, and recommendations to pivot and win in today’s market. Notable trends in a new era of sales. Innovations in technology. For millennials, this is the way they expect to be empowered through technology and mobile devices.

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Industrial Mortgages Loan Officer Technology 420

Housing Wire

JUNE 8, 2023

The title insurance industry is on the front lines in a never-ending war with the fraudsters. As the industry has gotten better at combatting wire fraud and even the more recent seller impersonation fraud , criminals looking for larger paydays have turned to mortgage payoffs. Can you afford to lose a million dollars?

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Title Industrial Banks Technology 297

Housing Wire

SEPTEMBER 11, 2023

Proptech firm Flyhomes has entered into an agreement to purchase Innovative Holdings, LLC’s “buy before you sell” platform Home Sale Assured. Founded in 2022 by Eric Meadow, Home Sale Assured produces a “Guaranteed Backup” options contract, which enables existing homeowners to buy their next home before closing the sale of their current home.

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Debt-to-income ratio Sales Purchase and sale agreement Loans 381

Housing Wire

JULY 31, 2022

The pandemic transformed traditional business practices and gave way to a digital revolution that has impacted nearly every industry. This demand for digital business solutions is here to stay and leaders in the mortgage industry are adapting to the changing needs of borrowers everywhere.

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Housing Wire

DECEMBER 2, 2020

Prior to 2020, the mantra around the mortgage industry going back to 2016 was that launching a new “digital experience” was the equivalent to table stakes in poker. The message was clear: if you weren’t already invested in new digital mortgage experience, then your competition already beat you to the sale.

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Industrial Mortgages Lending Technology 364

Housing Wire

JANUARY 14, 2021

The mortgage industry has not traditionally been the vanguard of digital adoption, particularly in data intelligence and applied machine learning. It has brought in interactive technology and cognitive business process tools as resiliency responses to the crisis. E-Everything (e-closing and virtual transactions).

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Industrial Mortgages Lending Loans 501

Housing Wire

FEBRUARY 9, 2022

While the real estate industry has witnessed the introduction of a number of spectacular and innovative developments in recent years, we still (sometimes unfairly) get tagged as “old fashioned” or “conservative.” Why is the industry still transferring money the old-fashioned way? There’s really no experience quite like buying a home.

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Industrial Purchase and sale agreement Pre-approval Banks 410

Housing Wire

JULY 27, 2021

Michael Franco: The last two years in the mortgage industry have certainly been unique. Origination volume doubled expectations and wide gain-on-sale margins brought on by record low mortgage rates forced the industry to increase their capacity to meet surging loan demand.

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Industrial Mortgages Lending Due diligence 397

Housing Wire

MARCH 18, 2024

Intercontinental Exchange (ICE) Mortgage Technology introduced two new tools, Validate ROV and Validate Selector, to its growing suite of property valuation solutions, the company announced on Monday. Regulators are paying close attention to valuations for many valid reasons.

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Technology Inspection Investor Mortgages 397

Housing Wire

MAY 23, 2023

Problems with the current state of appraisals One of the current problems with appraisal is the barrier to entry, said Dawn Svedberg, vice president of sales for Tavant. Tara Dugan, who works in marketing and real estate for Tavant, said that technology should focus on integrations and aggregations.

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Technology Lending Inspection As-is 366

Housing Wire

OCTOBER 31, 2022

By the end of 2022, roughly 50 merger or acquisition (M&A) transactions will be announced or closed, which is 50% more than 2018 — the record year for lender consolidation, according to Stratmor Group. The expectation of continued margin compression in 2023 and 2024 has resulted in the onset of industry consolidation,” Hrobon said.

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Industrial Mortgages Principal Loans 348

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. Borrowers can complete the closing from the comfort and safety of their own homes,” she said. “If

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Closing Loans Banks Investor 485

Housing Wire

DECEMBER 17, 2021

As we approach 2022, some concerning headwinds confront the mortgage origination industry. As it is vital to closely follow performance metrics for early detection of risks and other negative issues, establish key performance indicators to monitor critical elements like labor utilization, cost to produce and production per FTE.

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Industrial Mortgages Development Loans 399

Housing Wire

SEPTEMBER 18, 2020

As lenders continue to adjust to a new normal, the pivotal role of technology has become increasingly clear in maximizing productivity and keeping lending pipelines flowing. HousingWire: How has COVID-19 impacted technology strategies for mortgage lenders? But they won’t stay open long – nominations close on September 25, 2020.

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Industrial Lending Technology Loans 432

Housing Wire

MARCH 1, 2021

The closing process, that time between underwriting approval and the actual closing, is the mortgage industry’s not-so-secret Achilles’ heel. That’s not a knock on the good professionals who enact minor miracles choreographing the multi-faceted ballet that is a typical closing. Let’s admit it.

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Closing Marketing Title Title search 254

Housing Wire

APRIL 18, 2024

ACES Quality Management , a fintech that provides quality-control software for the financial services industry, issued a Mortgage QC Industry Trends report with data through Q3 2023. The report defines a critical defect as one that “would result in the loan being uninsurable or ineligible for sale.”

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Loans Due diligence Investor Technology 413

Housing Wire

NOVEMBER 28, 2023

“With access to cutting-edge tools like Performance Tracker, Compass AI , and the innovative Compass Collections, we are poised to enhance our client experience and deliver unparalleled service through the industry’s leading technology platform.” In 2022, the Husky Homes team closed 121 transactions and more than $48.4

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New Construction Technology Construction Agents 434

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. More than 50 years of title industry expertise gives ServiceLink unique insight into the needs of our wholesale clients.

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Closing Title Lending Inspection 196

Housing Wire

MARCH 28, 2024

Starting strong is less important for a deal that takes a long time to close. This was a crisis for many large Independent mortgage banks that had created fine-tuned systems for refinancing loans and had virtually no trained sales force to prospect for new purchase money business. Two things I will say about technology.

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Mortgages Technology Loan Officer Loans 451

Housing Wire

NOVEMBER 3, 2023

That’s why they’ve introduced the homegenius Platform, an integrated solution consisting of advanced technology , data science, machine learning and AI designed to drive value and bring ease to consumers through the home buying and selling journey. Through this offering, consumers may also be eligible to receive a rebate* at closing.

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Closing costs Short sale Technology New Construction 381

Housing Wire

OCTOBER 13, 2023

“It means access to the industry’s leading technology platform and a vast agent referral network that will yield the greatest returns over time.” The Beinfield Team was the ninth-best small team in Connecticut based on sales volume, closing nearly $67.2

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Principal Brokerage Agents Technology 432

Housing Wire

DECEMBER 22, 2023

Williston Financial Group is closing out 2023 with yet another acquisition. The firm announced Thursday that MyHome , a WFG subsidiary, has acquired technology and marketing services provider Volly. The financial terms of the deal were not disclosed.

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Title Staging Technology Banks 418

Housing Wire

APRIL 26, 2024

HousingWire sat down with Acra Lending CEO Keith Lind to discuss effective ways to not only survive, but profit in the non-QM space while so many others are closing their doors. Lind also shares insights into the future of non-QM lending and the importance of emergent technologies in improving the origination process.

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Lending Loans Technology Industrial 385

Housing Wire

OCTOBER 12, 2023

Sarah Wheeler: In the past you said that technology isn’t a differentiator, it’s just an equalizer. Rich Weidel: Yes, and even more now that we’re seeing in this down cycle which technologies provide value and which are just an expense. It wasn’t that long ago that technology was going to change everything.

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Mortgages Technology Loans Loan Officer 440

Housing Wire

NOVEMBER 13, 2023

In the world of mortgage lending, there’s an all-too-common sentiment that echoes through the industry: “My loan origination system (LOS) sucks.” In reality, the LOS is not the problem; the technology is doing exactly what it was designed to do. The LOS is a foundational piece of technology for every lender.

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Lending Due diligence Technology Loans 408

Housing Wire

MAY 2, 2021

Real estate technology has changed rapidly over the last few years, and property valuation is no exception. Efficient data collection with aggregation and next-generation market analytics can drastically impact the closing process. Today, borrowers and lenders alike expect an easy and expedited home loan experience.

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Technology Inspection Loans Residential 201

Housing Wire

APRIL 2, 2024

While real estate brokerages have no control over interest rates, transaction levels or home sales prices, they realize that proactive recruiting of agents is a key to success in a slow market. Sales managers often struggle to source enough quality agents to feed the top of their funnel. Data certainly abounds in real estate.

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Agents Brokerage MLS Technology 345

Housing Wire

APRIL 8, 2024

Filed in late 2023 in Missouri by Daniel Umpa, a Maryland home seller, the Umpa suit , like the other commission lawsuits, accuses real estate industry players, including Real, of conspiring to artificially inflate real estate agent commissions. The Real Brokerage closed $14.4

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Brokerage Agents Technology Sales 376

Housing Wire

FEBRUARY 20, 2024

Several historic events over the past few years have brought seismic changes to the way the mortgage lending industry operates. The LO as an “order taker” vs. a financial advisor Unlike top producers in many other industries, mortgage LOs were not completely sidelined by the pandemic.

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Loan Officer Lending Technology Loans 405