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. So it’s really the same story, just different markets,” Gagliano said. What opportunities did the firm see?

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Technology Mortgages Bankruptcy Industrial 478

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?

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Technology Lending Mortgages Industrial 379

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.

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Technology Mortgages Lending Loans 372

Housing Wire

JUNE 5, 2023

She was nominated as a 2022 HW Insider for her work in building the company’s digital closing platform from the ground up. Be it new experimental technology, legislation or regulation to respond to, disruptive proptech models, shifting market dynamics and so on,” said Price. What’s on the horizon?

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Technology Title Industrial Closing 282

Housing Wire

MARCH 21, 2024

Redfin is expanding an agent compensation plan it launched last year by adding seven new markets starting in May, the national real estate brokerage announced Thursday. Beginning May 5, Redfin Next will be available in seven markets outside the Golden State —including Chicago, Connecticut, Dallas, Miami, New York City, Washington, D.C.,

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Agents Marketing Brokerage Technology 397

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.

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Closing Title Loan Officer Technology 318

Housing Wire

MAY 25, 2023

SoftPro , the nation’s top provider of title , closing, and escrow software, announced on Thursday that it has launched ClosingsLIVE, a cutting-edge communication portal for real estate settlements. SoftPro is a leading provider of title, closing, and escrow software in the United States.

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Closing Title Branding Technology 330

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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Housing Wire

MARCH 12, 2024

nonbank mortgage lenders continue to gain market share as the industry consolidates and a number of smaller players exit the space due to a lack of strong franchises to retain sufficient volume, Fitch Ratings reported Tuesday. Last year, Homepoint shut down operations, while Wells Fargo closed its correspondent lending business.

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Mortgages Marketing Lending Banks 456

Housing Wire

JUNE 1, 2022

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. One avenue to reduce cost and streamline the closing process is to offer digital closings.

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Closing Title Loans Technology 395

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. We’ve seen savings of up to 30% in difficult markets like Texas and Florida.

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Housing Wire

DECEMBER 17, 2021

Nominations for the 2022 HousingWire Tech100 Mortgage and Tech100 Real estate are closing today. The Tech100 Mortgage Award recognizes the companies and solutions that are revolutionizing the mortgage process – from origination to closing, and servicing to secondary markets. The post 2022 Tech100 nominations are closing soon!

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Closing Technology Mortgages Agents 374

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.

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Technology Mortgages Industrial Loans 385

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%

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Technology Sales Mortgages Lending 365

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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Closing Mortgages Lending Technology 330

Housing Wire

AUGUST 14, 2020

For the past two weeks, HousingWire took a deep dive into the effects an accelerated market can have on appraisal turn times and the delta between appraisal ratings and market forecasts. I get it, the seller needs to move, but doing a quick closing to incentivize the seller to accept your offer is no longer a selling point.

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Closing Lending Loan Officer Title 485

Housing Wire

DECEMBER 9, 2021

“In 2022, many Americans affected by COVID-19 will need to make a decision about the resolution to their mortgage forbearance,” said Jeremy Potter, head of legal and capital markets at Stavvy. We’ve experienced the important role technology can play in helping homeowners access the tools and solutions their mortgage servicer is offering.

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Technology Loans Closing Lending 357

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.

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Closing Industrial Investor Loans 441

Housing Wire

DECEMBER 23, 2020

The impact of COVID on the real estate market is significant and has forever changed the way our industry operates. This change, while disruptive and uncomfortable for some, has provoked the rapid adoption of real estate technology, the likes of which we haven’t seen before.

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Technology Brokerage Industrial Agents 466

Housing Wire

JUNE 10, 2022

Chime’s all-in-one CRM and sales acceleration platform is designed to help real estate agents, teams, and brokerages close more deals faster. The platform combines IDX websites, lead generation, marketing automation, advanced lead management, and powerful AI to cost-effectively capture and convert leads into new business.

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Technology Brokerage Design Closing 268

Housing Wire

AUGUST 23, 2023

New York-based digital lender Better.com announced Wednesday the closing of its business combination with the special purpose acquisition company (SPAC) Aurora Acquisition Corp , , ending a two-year journey to make the business public. Better faced the deterioration of the mortgage market due to surging rates. Better HoldCo, Inc.

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Closing Pre-approval Finance Title 365

Housing Wire

MAY 23, 2023

To break into appraising, you need to essentially apprentice with an existing appraiser, and for them to spend that much time training you often requires them to already have a close relationship with you. 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 362

Housing Wire

JANUARY 30, 2024

Two complex factors are set to transform the rental market in 2024, creating new challenges and opportunities for property managers. The second is a more competitive rental market, driven by record-high construction of multifamily rental properties. Smart-home technology is another differentiator to explore.

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Property Management Marketing Technology Branding 373

Housing Wire

OCTOBER 18, 2021

ICE Mortgage Technology, a global provider of data, technology and market infrastructure, recently announced that Encompass eClose, its end-to-end eClose solution, is expanding its hybrid capabilities to now include full eNote and eVault functionality. The post What does it really mean to digitize the closing process?

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Closing Technology Title Lending 339

Housing Wire

MAY 3, 2024

The dismal 2024 mortgage market has one very silver lining: $32 trillion in home equity. I sat down with Deitch for a wide-ranging conversation on the ways lenders can claw back profitability through smart technology and products that meet the moment. That should be a 5/1 closed end loan with a line of credit kicker,” Deitch said.

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Equity Technology Loans Lending 359

Housing Wire

FEBRUARY 16, 2024

To take advantage of the shifting market, two key areas that loan originators should be focusing on are “nurturing and cementing relationships with preapproved borrowers,” said Tim Braheem, founder and chief content creator of The Loan Atlas. Braheem aims to have 1,000 members by the end of the year compared to the current group of 140.

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Mortgages Loan Officer Marketing Loans 394

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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Closing Lending Equity Mortgages 349

Housing Wire

JUNE 30, 2021

And due to today’s booming housing market, they’re having to do even more. CF Wholesale provides brokers with the resources and technology to drive their business and serve their clients. Closing prep control: Brokers can quickly generate their own closing docs, which means they can close their purchase loans on time.

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Technology Loans Lending Closing 341

Housing Wire

SEPTEMBER 24, 2021

Each year, HousingWire selects 50 of the most impactful and innovative technology leaders serving the housing economy. Honorees include product and technology leaders from across the industry who have played an integral role in bringing innovative solutions to market for housing industry clients. Have someone in mind?

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Closing Technology Industrial Mortgages 269

Housing Wire

OCTOBER 5, 2023

As the housing market suffers through a drought of home sales and related mortgage originations in the current high-rate environment, home prices and home equity continue to climb, helping to spark a revival of another sector — home equity lending and investment. That offering, Unlock HEA Trust 2023-1, is slated to close this week.

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Equity Purchase and sale agreement Marketing Lending 405

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. E-mortgage volume spikes. History of ‘e’. Treasury recommends standardization.

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Closing Title Technology Land 441

Housing Wire

AUGUST 10, 2021

For the first time since December 2019, purchase mortgages represented a higher percentage of closed mortgages than refinances. Purchase mortgages rose to 51% of closed mortgages in June, up from 47% in May, according to the latest origination report from ICE Mortgage Technology (formerly Ellie Mae). in June, down from 76.9%

Mortgages 397

Mortgages Fixed-rate mortgage Marketing Lending 397

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. In July, DocuSign acquired Austin-based startup Liveoak Technologies for $38 million in an all-stock transaction.

Closing 478

Closing Loans Banks Investor 478

Housing Wire

DECEMBER 7, 2021

If there’s anything that lenders and borrowers have learned from the current purchase market it’s that speed and efficiency are key to a smooth closing. HousingWire sat down with Zitin to discuss how technology is impacting the future of the appraisal process and what’s to come for appraisal fulfillment in 2022.

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Marketing Technology Loans Closing 479

Easy Agent Pro

SEPTEMBER 27, 2023

The real estate market has always been a highly competitive arena. As technology is revolutionizing many industries , the real estate market has also been profoundly altered by these advancements. Virtual Reality (VR) and Augmented Reality (AR): VR and AR technologies have brought a new dimension to the real estate industry.

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Technology Marketing Investor MLS 89

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 financing follows a $123 million Series C filed last May , which went towards States Title’s continued goal of digitizing real estate closings.

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Title Closing Finance Technology 238

Housing Wire

SEPTEMBER 8, 2022

People who invest in technology often ask the question: is this a “nice to have,” or a “need to have?” Few have the resources to invest in technologies they don’t need. What’s the worst that can happen if we don’t invest in this technology?”. Without marketing automation, he probably would have been right. Not anymore.

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Marketing Technology Loan Officer Loans 424