Housing Wire

MAY 9, 2024

billion in closed loan volume from January to March. ” UWM has focused on other ways to help brokers, such as investing in technology, he said. billion in unpaid principal balance (UPB), compared to $299.5 on Thursday morning, up 3.64% from the previous closing. billion in the previous quarter and $297.9

Sales 238

Sales Principal Loans Mortgages 238

Housing Wire

FEBRUARY 2, 2024

That’s despite a net loss in the last quarter of the year attributable to the resolution of a long-standing arbitration process with Black Knight regarding its servicing technology and losses in mortgage servicing rights (MSR) fair value. billion in unpaid principal balance (UPB) in 2023, down 9% year over year.

Technology 352

Technology Loans Principal Mortgages 352

Housing Wire

AUGUST 2, 2021

It would also require the use of tamper-evident technology in electronic notarizations, and help prevent fraud through the use of multifactor authentication. The number of title and settlement companies offering digital closings increased 228% compared to 2019, according to ALTA’s 2021 Digital Closing Survey.

Title 401

Title Principal Closing Land 401

Housing Wire

FEBRUARY 16, 2023

LauraMac, a provider of mortgage loan review SaaS technology, has appointed Rick Seehausen as its chief strategy officer. I look forward to working closely with Rick to leverage the success of our Loan Review System, prepare the launch of our Loan Acquisition System, and guide us in the development of new product lines.”

Loans 299

Loans Principal Technology Development 299

Realty Biz

JULY 1, 2022

NYSE: COMP), a leading technology-enabled residential real estate brokerage, today announced the appointment of Dawanna Williams to its board of directors effective July 1, 2022. Williams currently serves as Founder and Managing Principal of Dabar Development Partners. Compass, Inc. She holds an A.B. from Smith College, an M.P.A.

Principal 86

Principal Development Brokerage Residential 86

Housing Wire

JULY 26, 2022

15, 2022, for the purchase of 51 loans, with a total principal value of $32,864,270. Learn how updating your mortgage technology stack can help you get ahead in today’s unpredictable lending environment. Sprout’s executives did not immediately return a request for comment, nor did executives at New Wave. 20, 2022, to Feb.

Due diligence 357

Due diligence Mortgages Principal Lending 357

Housing Wire

JULY 26, 2022

15, 2022, for the purchase of 51 loans, with a total principal value of $32,864,270. Learn how updating your mortgage technology stack can help you get ahead in today’s unpredictable lending environment. Sprout’s executives did not immediately return a request for comment, nor did executives at New Wave. 20, 2022, to Feb.

Due diligence 357

Due diligence Mortgages Principal Lending 357

Housing Wire

SEPTEMBER 9, 2021

Lenders that may have been holding out on embracing automation and technology were forced to adapt at breakneck speed to continue to serve customers. Technology that had long been available, but never saw the level of adoption the industry would have hoped for, was now in high demand. Technology as the new table stakes.

Mortgages 386

Mortgages Technology Inspection Closing 386

Housing Wire

JANUARY 8, 2021

This year, eClosings surged as remote online notarization became more popular and consumers looked for alternative ways to close on a home. Moving forward, the Mortgage Industry Standards Maintenance Organization , a not-for-profit subsidiary of the Mortgage Bankers Association , will continue to focus on digital closings.

Development 448

Development Industrial Technology Principal 448

Housing Wire

NOVEMBER 19, 2020

“As RON transactions become more commonplace in the mortgage industry, NotaryCam is proud to have earned its MISMO RON Software Compliance Certification, which serves as a signal to all industry participants that they can confidently rely on the NotaryCam platform to securely and compliantly execute mortgage closings remotely,” Triola said.

Principal 425

Principal Technology Development Mortgages 425

Housing Wire

JANUARY 12, 2024

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. Principal among these are: Invested capital “requires” the highest return. Of these, category 2 is the most established.

Finance 357

Finance Principal Residential Development 357

Housing Wire

MAY 15, 2024

In the contemporary digital landscape , one of the principal threats to an organization’s cybersecurity infrastructure stems from sophisticated email phishing attacks.

Principal 328

Principal As-is Closing Technology 328

Housing Wire

JANUARY 5, 2022

The most wonderful time of the year, as the song would have us believe, comes to a close with Epiphany, the 12 th day of Christmas, Jan. Think technology and service providers, too — a smaller mortgage market affects everyone. Only people, NOT TECHNOLOGY — can fill the knowledge gap. The holiday season is winding down.

Industrial 441

Industrial Mortgages Principal Technology 441

Housing Wire

MAY 6, 2022

The firm’s earnings were driven by its servicing portfolio and about $520 billion in unpaid principal balance, said David Spector, chairman and chief executive officer of PennyMac in an earnings call. billion in unpaid principal balance, down 36% from the previous quarter and 32% from the first quarter of 2021. million, down from $106.5

Principal 331

Principal Loans Technology Mortgages 331

Housing Wire

NOVEMBER 24, 2020

The acquisition was made for $250 million in cash and is expected to close by the end of this year, pending closing conditions and review, according to a release. PROJETO uses virtual reality technology which allows clients to be put in a virtual representation of a property that hasn’t been built yet. starting in January.

Principal 424

Principal Residential Commercial Development 424

Housing Wire

MAY 1, 2023

For instance, with higher-priced mortgages, lenders need to verify the consumer’s ability to repay, ensure there is no prepayment penalty and make sure escrow taxes and insurance payments are paid each month along with the loan’s principal and interest. And not just at the federal level. HW: How does ACES help lenders safeguard compliance?

Loans 324

Loans Lending Technology Principal 324

Housing Wire

JANUARY 11, 2022

Ronnie Matthews, the chairman and principal of GATCO added: “This acquisition only strengthens our core philosophy of making the transaction process seamless and efficient. Despite the advancements in title technology, there are still broad misconceptions across the mortgage industry. Presented by: ServiceLink. This is down from 9.6%

Title 354

Title Principal Land Branding 354

Housing Wire

APRIL 1, 2024

Affordability has always been a challenge,” said Ashkán Zandieh, managing partner and industry chair at the Center for Real Estate Technology and Innovation. “In Turning point A turning point for the home equity investment market came with the closing of the first rated securitization of notes backed by HEAs in September 2023.

Equity 383

Equity Finance Purchase and sale agreement Investor 383

Housing Wire

AUGUST 26, 2022

HW: Mortgage technology is accelerating quickly and originators are rushing to keep pace. It’s the first and only accelerator in the US that is dedicated to mortgage technology—a Flagstar-sponsored incubator for breakthrough technology in the mortgage space. Expanded ARM options, including our jumbo one-time close.

Mortgages 337

Mortgages VA loan Loans Technology 337

Housing Wire

MARCH 12, 2024

President and CEO Frank Martell said in a prepared statement that the company made progress last year by “significantly resetting its cost structure and making critical investments in our technology platforms and business processes.” loanDepot’s unpaid principal balance in its servicing portfolio increased to $145 billion as of Dec.

Principal 343

Principal Mortgages Equity Technology 343

Housing Wire

NOVEMBER 8, 2023

But volumes in Q3 came in at higher margins, close to the levels seen prior to the company’s Game-on pricing initiative that squeezed competitors out of the wholesale space. “We are investing in new technology and hiring new team members to ensure that we are prepared for the eventual turn in rates.”

Principal 279

Principal Mortgages Loans Closing 279

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. McGarry said Guild would look for companies that will strengthen Guild’s retail channel, but will be very patient in closing a deal.

Industrial 324

Industrial Mortgages Principal Loans 324

Housing Wire

MARCH 31, 2021

These manual processes are time-consuming, subject to data-entry errors and potential security concerns – all of which can delay a borrower’s closing date. Today, many consumers have to wait 45 – 60 days to close on their dream home,” said Michael Marino, Principal, Industry Solutions at CoreLogic. “By

Title 196

Title Principal Closing Industrial 196

Housing Wire

APRIL 27, 2023

. “Our large servicing portfolio provides strong and consistent cash flows, enabling us to remain profitable while also continuing to invest in the technology supporting our businesses.” billion in unpaid principal balance (UPB) as of March 31, up 2% from December 31. PFSI’s stock closed Thursday at $65.92, up 2.98%.

Principal 353

Principal Banks Loans Mortgages 353

Housing Wire

AUGUST 1, 2023

Name Job Title Company Name Agnes Standowicz Senior Vice President and Head of Underwriting United Wholesale Mortgage Alayna Gardner Director of Sales and Marketing LodeStar Software Solutions Ali Haralson President Auction.com Amanda Tucker Chief Risk and Compliance Officer Atlantic Bay Mortgage Company Amy Gromowski Executive of Science and Analytics (..)

Lending 370

Lending Title Mortgages Equity 370

Housing Wire

SEPTEMBER 30, 2022

The 2-year note, most closely tied to the Fed’s interest rate moves , increased five bps to 4.07% on Wednesday from the prior week. Lenders will close and some others will need to merge because of the new liquidity regulations that are coming in 2023.”. The 10-year note went from 3.51% to 3.72% in the same period. Pressure on demand.

Mortgages 449

Mortgages Fixed-rate mortgage Loans Loan Officer 449

McKissock

NOVEMBER 2, 2020

Technology is supposed to make everything easier, and yet it is often the source of so many problems. While you can’t do your job without relying on real estate technology to some degree, you do have to be extra careful when you use it. Here are six ways technology can hurt—or even ruin—your real estate business.

Technology 81

Technology Closing costs Principal Agents 81

Housing Wire

SEPTEMBER 30, 2020

Technology has made many aspects of day-to-day life more seamless than ever, with instant, easy and personalized consumer experiences; however, lending is still difficult. The Origence Mortgage Platform is an end-to-end lending platform that puts the power of modern technology in lenders’ hands, enabling them to close more loans, faster.

Lending 196

Lending Mortgages Technology Loan Officer 196

Housing Wire

AUGUST 3, 2023

With Varun Krishna — a veteran in the financial technology world who held executive positions at Intuit and PayPal — taking helm of the company as CEO starting in September, Rocket has its vision set on growing its platform. “He The Detroit-based lender closed the second quarter with $900 million cash-on-hand and $6.4 billion from $8.1

Loans 314

Loans Mortgages Loan Officer Principal 314

RIS Media

OCTOBER 4, 2020

Technology achievements. The post Act Now: Newsmaker Nominations Close Oct. Candidates can be selected as an RISMedia Real Estate Newsmaker for a range of accomplishments, including, but not limited to: – Advancing the industry. Impacting change. Diversity and inclusion. Business accomplishments and growth. Humanitarian efforts.

Closing 78

Closing Principal Commercial Title 78

Housing Wire

APRIL 28, 2022

Mr. Cooper sold certain intellectual property rights related to its cloud-based technology platform for Sagent and received a minority equity stake in the fintech company. . Mr. Cooper ended the first quarter with $796 billion in unpaid principal balance (UPB), a 12% increase quarter-over-quarter and a 27% growth year-over-year.

Principal 345

Principal Mortgages Equity Closing 345

Housing Wire

JULY 19, 2021

“She knows how to look past the status quo and determine how we can make real estate transactions faster and frictionless for our agents, affiliates and customers — a critical skill in the technology-driven segment of our industry. Generally accepted accounting principal (GAAP) revenues are expected to be around $226.4 million in 2021.

Title 369

Title Commercial Principal Branding 369

Housing Wire

FEBRUARY 3, 2022

billion in unpaid principal balance, a reduction of 13% from the previous quarter and 11% compared to the same period of 2020. Other aspects that will help the company to achieve its goals are a newly brand and marketing focus and the deployment of transformational technologies in the direct lending channel, the executive said in a statement.

Lending 248

Lending Principal Loans Technology 248

Housing Wire

JANUARY 13, 2021

The fact that by the beginning of May, there were close to 4 million borrowers in forbearance plans illustrates just how high the volume climbed in a very short period of time. Robust technology that evaluates borrowers for loss mitigation options regardless of the investor, insurer, loan type, policy or program is critical during this time.

Mortgages 420

Mortgages Investor Loans Technology 420

RIS Media

JANUARY 15, 2021

But with fewer than 1 percent of leads actually closing, is this really the best approach? Cristina Silva , principal broker of Real Estate by Referral, has worked in real estate for nearly two decades, starting out as a part-time agent. What: Brokerages have been betting big on online lead gen to boost agent recruiting and retention.

Closing 65

Closing Principal Brokerage Industrial 65

Housing Wire

MAY 5, 2021

Closed loan volume in the first quarter increased to $41.5 “As we focus on long-term growth trajectory and build on our momentum, we will continue to invest in brand, people, and technology,” said Pat Flanagan, loanDepot’s CFO. The unpaid principal balance of our servicing portfolio increased by 26% to $129.7

Marketing 265

Marketing Principal Technology Loans 265

HomeLight

OCTOBER 29, 2021

You still have to make it through the house closing process, where inspections , credit problems, or paperwork issues can trip you up. The closing process fills several weeks as you navigate through multiple steps to make it to the closing table. How long does the house closing process take?

Closing 81

Closing Inspection Title Due diligence 81