Housing Wire

APRIL 3, 2024

The plaintiffs claim they hired independent mortgage brokers, believing the wholesale channel was the best option for getting affordable mortgages because these professionals can shop around — a different model from loan officers employed by retail lenders. “As And even those offerings generally do not convert into actual savings for clients.”

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Loans Loan Officer Mortgages Closing costs 458

Housing Wire

SEPTEMBER 5, 2023

I sat down with Tim Bowler, president of ICE Mortgage Technology, a business unit of ICE, to talk about the company’s mortgage automation strategy — and what keeps him up at night. Sarah Wheeler: ICE’s acquisition of Black Knight just closed today. SW: ICE Mortgage Technology is known for its focus on automation.

Technology 358

Technology Mortgages Loans Industrial 358

Housing Wire

JUNE 30, 2021

CF Wholesale provides brokers with the resources and technology to drive their business and serve their clients. When a broker partners with CF Wholesale, they gain access to Octane, its in-house loan origination technology that compresses turn times and gives them full control.

Technology 333

Technology Loans Lending Closing 333

Housing Wire

JANUARY 18, 2024

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. Read on to learn more about how Dark Matter Technologies’ plans increase market share and utilize AI in its LOS.

Technology 361

Technology Marketing Loans Development 361

Housing Wire

FEBRUARY 15, 2024

Department of Veteran Affairs (VA) loans through its Tinman platform. We were focused on being able to take a consumer all the way through on our technology platform for just the conventional loans, and we achieved that milestone back in the summer of 2023. VA loans are 12% of the mortgage market,” Garg said. “VA

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VA loan Loans Loan Officer FHA loan 354

Housing Wire

OCTOBER 5, 2023

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?

Technology 369

Technology Lending Mortgages Industrial 369

Housing Wire

MAY 11, 2023

Flueid , a leading technology company specializing in real estate transactions, announced on Thursday the integration of its patented Flueid Decision platform with Encompass by ICE Mortgage Technology.

Loans 361

Loans Title Title search Loan Officer 361

Housing Wire

FEBRUARY 14, 2023

Benchmark Administration (IBA) , will take on a new role as president of ICE Mortgage Technology starting on March 1. ICE’s appointment of Bowler as incoming president ICE Mortgage Technology comes at a crucial time for the company. ICE Mortgage Technology is also eyeing increased sales in its Encompass loan origination system in 2023.

Technology 367

Technology Mortgages Lending Loans 367

Housing Wire

MAY 26, 2021

The average time to close on a mortgage has decreased for a fourth consecutive month to 51 days, according to a new study from ICE Mortgage Technology. The percentage of purchase mortgages increased to 43% of total closed loans. The percentage of purchase mortgages increased to 43% of total closed loans.

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Closing Mortgages VA loan FHA loan 450

Housing Wire

SEPTEMBER 18, 2023

Dark Matter Technologies , formerly Black Knight Origination Technologies, is focused on mainly two things: the smooth transition to new owners, and lowering the cost to originate loans for lenders. Read on to learn more about Dark Matter Technologies’ plan for mortgage. Gagliano : We believe strongly in technology.

Technology 474

Technology Mortgages Bankruptcy Industrial 474

Housing Wire

SEPTEMBER 28, 2023

Having completed the $12 billion acquisition of Black Knight , Intercontinental Exchange (ICE) is confident in evolving into a true life-of-loan platform: powering origination to final settlement, all in one unified digital ecosystem, executives said during its conference call with analysts. “By

Loans 382

Loans Technology Mortgages Development 382

Housing Wire

APRIL 18, 2023

According to Sawan Tivakaran, SVP, titlegenius Product Owner, “Homebuyers continue to cite the closing process as one of the most stressful events in their lives. Radian has developed titlegenius to help improve the closing process for homebuyers, sellers and lenders alike.

Closing 308

Closing Title Loan Officer Technology 308

Housing Wire

MARCH 22, 2023

HousingWire recently spoke to Tom Kriby, vice president of client development and partnerships at Westwood Insurance Agency, about how working with an insurance agency can simplify the closing process for their customers, even in times of interest rate uncertainty. HW: How does working with an insurance agency simplify the closing process?

Debt-to-income ratio 379

Debt-to-income ratio Closing Loans Closing costs 379

Housing Wire

MARCH 1, 2022

Many lenders are familiar with digital closings (eClosings), but they might not know just how valuable they can be to their business. In a recent study , Marketwise and Notarize found that digital closings shorten the time it takes to close, reduce errors and increase ROI — all while improving customer experience.

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Closing Loans Title Technology 363

Housing Wire

JANUARY 10, 2022

HousingWire recently spoke with Tom Kriby, Vice President of Client Development and Partnerships at Westwood Insurance, about how insurance issues can hold up a home closing and how lenders can integrate insurance into their process to help their homebuyers avoid delays. HW: How can lenders help homebuyers avoid closing delays?

Closing 473

Closing Loans Inspection Technology 473

Housing Wire

MARCH 28, 2023

Cenlar FSB , the nation’s second-largest mortgage servicer and largest subservicer, has named Rene Gonzales as its new chief technology officer (CTO), according to an announcement on Tuesday. Earlier this month, the company named Michelle DeHart as VP of loan operations, escrow, a role that will spearhead escrow functions at Cenlar.

Technology 345

Technology Mortgages Development Loans 345

Housing Wire

OCTOBER 5, 2022

These days lenders are seeking to leverage mortgage technology to streamline the loan process. Iannitti: We’ve partnered with many lenders that started with a hybrid model and then made the transition to utilize eNotes and, in many cases to completely paperless closings. This is positively where the industry is heading.

Technology 286

Technology Investor Loans Industrial 286

Housing Wire

JUNE 1, 2022

According to the Mortgage Bankers Association (MBA), total loan production expenses increased to an all-time high of $9,470 per loan in the fourth quarter of 2021. This was up from $9,140 per loan in the third quarter as the market transitioned from a rate-term refinancing market to a purchase and cash-out refinancing market.

Closing 389

Closing Title Loans Technology 389

Housing Wire

FEBRUARY 1, 2024

Stavvy is a truly comprehensive digital closing platform, the only solution to offer a SMART Doc engine that extends the savings, efficiency and security of eNotes to all mortgage documents for all loan programs and across all 50 states while supporting every type of eClosing and eNotarization.

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Closing Technology Industrial Loans 268

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). eMortgage challenges.

Closing 441

Closing Industrial Investor Loans 441

Housing Wire

APRIL 13, 2023

Simplifile by ICE Mortgage Technology electronically connects people, technologies and data in the real estate transaction to streamline their workflows. The solutions featured as part of Simplifile include eRecording, eSign Events, Collaboration and Post-Closing, and Document Builder.

Technology 303

Technology Mortgages Pre-approval Closing 303

Housing Wire

JULY 31, 2022

Black Knight, a leading provider of integrated software and data analytics solutions, is at the forefront of offering intuitive digital closings that support all forms of closing. Rich Gagliano, President, Origination Technologies.

Technology 338

Technology Loans Closing Lending 338

Housing Wire

SEPTEMBER 19, 2022

(SPS) has struck a deal to acquire certain assets of Texas-based Rushmore Loan Management Services LLC. The transaction is expected to close in the fourth quarter of 2022, subject to regulatory approvals. Should the deal close, Rushmore’s servicing division, led by Jocelyn Martin-Leano, will operate as a division of SPS. .”

Loans 334

Loans Property Management Technology Branding 334

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.

Loan Officer 331

Loan Officer Loans Branding Technology 331

Housing Wire

APRIL 9, 2024

Rocket Mortgage ’s bet on artificial intelligence (AI) has resulted in a patented platform called Rocket Logic, which can automatically process nearly 90% of data points extracted from documents in a month and reduce by 25% the number of times a professional interacts with a mortgage loan year over year, the company claims.

Loans 406

Loans Technology Mortgages Finance 406

Housing Wire

DECEMBER 9, 2021

“We’ve experienced the important role technology can play in helping homeowners access the tools and solutions their mortgage servicer is offering. We’re using] our technology to help homeowners and servicers alike facilitate more convenient and more equitable access to loan products and closings.”.

Technology 348

Technology Loans Closing Lending 348

Housing Wire

FEBRUARY 2, 2023

Intercontinental Exchange (ICE) Mortgage Technology reported operating income of $57 million in 2022, down from last year’s $397 million — a reflection of the headwinds the mortgage industry is facing. The mortgage technology division at ICE posted $249 million in total revenue in the fourth quarter, down 9.8%

Technology 358

Technology Sales Mortgages Lending 358

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.

Closing 320

Closing Mortgages Lending Technology 320

Housing Wire

AUGUST 11, 2021

Insights by ICE Mortgage Technology. Data is de-identified and aggregated from IMT lenders showing metrics such as pricing, pull-through rates, time to close – no HMDA or industry survey reporting delays. #3. The post Mortgage Tech Demo Day: Insights by ICE Mortgage Technology appeared first on HousingWire. Get More Info.

Technology 379

Technology Mortgages Industrial Loans 379

Housing Wire

APRIL 10, 2023

As a follow-up, HousingWire sat down with Peter Richter, co-founder and president at Flueid, to discuss why mortgage lenders should be asking for a quick, data-driven title check at loan application, rather than an instant title commitment, to understand and verify what’s going on with a property and consumer from the start.

Title 332

Title Loans Equity Title search 332

Housing Wire

AUGUST 12, 2022

Fannie Mae has launched its fourth reperforming-loan sale of the year — an offering of 6,130 loans with an unpaid principal balance of $997 million. A reperforming loan is a mortgage that has been or is currently delinquent but has been reperforming for a period of time. million in unpaid principal balance; pool 2 is at $342.5

Loans 382

Loans Purchase and sale agreement Principal Due diligence 382

Housing Wire

JUNE 17, 2022

Do loan officers need more technology than they currently have? Will new technology change anything? 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. They do not need more technology. Let that sit a second.

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Loan Officer Loans Technology Banks 356

Housing Wire

MAY 1, 2023

We’ve asked Phillip McCall, president and chief operating officer at ACES Quality Management , how lenders can keep up with new and upcoming regulations to maintain loan quality in this very competitive environment. Our team has literally gone through the alphabet soup of lending regulations to fully apply them within our technology.

Loans 336

Loans Lending Technology Principal 336

Housing Wire

FEBRUARY 10, 2023

Black Knight has decided to sell its loan origination software business Empower in a bid to save the $13 billion deal with Intercontinental Exchange Inc (ICE), Reuters reported , citing sources familiar with the matter. The acquisition would create a monopoly that controls the technology used to originate and service mortgages, they contend.

Loans 350

Loans Technology Mortgages Sales 350

Housing Wire

APRIL 27, 2022

Out of sheer necessity when the pandemic hit, RON and other digital closing solutions saw a massive uptick in use. There are some lenders doing it, but most of them haven’t been able to adopt a digital mortgage closing solution.”. That was largely because the technology wasn’t really there,” Bossers explained.

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Closing Title Technology Mortgages 339

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. CXChoice is an integrated SaaS technology and production platform used to assign notaries to each order, based upon criteria set by the client.

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Closing Title Technology Staging 317

Housing Wire

MAY 22, 2023

Top-producing loan officer Christopher Keelin has taken his 80+person team over to CrossCountry Mortgage to “take advantage” of the lender’s technology while scaling his business. In 2022, Keelin and his team closed $827 million in volume, with Keelin originating $322 million alone.

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Loan Officer Loans Investor Technology 317