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.

Industrial 272

Industrial Mortgages Technology Loan Officer 272

RIS Media

FEBRUARY 28, 2021

A year ago, in March 2020, on the heels of an active January/February that set the year up as a strong one for home sales, the reality of COVID-19 hit the U.S. “Our advice was for them to reach out to people with kindness and a helping hand—not a sales pitch. million existing-home sales, a 5.9% total of 5.64

Closing 133

Closing Sales Agents Technology 133

Housing Wire

NOVEMBER 8, 2022

Publicly traded lending software firm MeridianLink has acquired OpenClose , a fintech company that specializes in residential mortgage software solutions for banks, credit unions and mortgage lenders. In April, MeridianLink paid roughly $28 million to acquire StreetShares , which provides lending technology to banks and credit unions.

Mortgages 393

Mortgages Lending Technology Banks 393

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. Loans in Pools 1 thru 3 are being serviced by New Residential Mortgage LLC , NewRez LLC and Fannie Mae — and subserviced by NewRez LLC, Fannie’s fact sheet on the deal states. billion.

Loans 383

Loans Purchase and sale agreement Principal Due diligence 383

Housing Wire

OCTOBER 21, 2022

In times as tough as these, mortgage lenders must be proactive in borrower outreach and find consumers’ home finance needs if they’re going to close a deal, a new report by mortgage relationship data company Sales Boomerang concludes. Download this white paper for a roadmap to deploying new technologies.

Seller concession 362

Seller concession Mortgages Loans Finance 362

RIS Media

FEBRUARY 4, 2022

“In 2021, our sales associates and independent brokerages continued to recognize the value in leveraging Weichert’s technology, marketing, training and coaching support to compete and grow, as evidenced by our impressive year-end results.”. Customized Technology Drives Business. Streamlined Service Begets Success. Looking Ahead.

Residential 96

Residential Brokerage Technology Closing costs 96

Housing Wire

NOVEMBER 13, 2023

Any person involved in selling a home knows that you cannot increase the price of your home randomly to cover the cost of commissions and other closing costs. The market sets the price of the home, and it cares little for closing costs — or what the homeowner invested in it — when determining the price for which it will sell.

Closing costs 355

Closing costs Equity Agents Technology 355

Housing Wire

AUGUST 3, 2023

Too many real estate agents are watching artificial intelligence (AI) from the sidelines, assuming technology will never replace them. Powerful AI tools are already transforming residential real estate and forward-thinking agents are paying attention. However, it was deemed as too challenging technologically so it languished.

Agents 370

Agents Technology Development Industrial 370

GeekEstate

OCTOBER 29, 2021

I’m excited to release Thomvest’s real estate technology market map, which includes more than 240 companies operating within the residential real estate segment. This market map real estate technology companies operating across every phase of the home purchase value chain. As such, we’ve included the Blend logo in those areas.

Technology 135

Technology Marketing Purchase and sale agreement Equity 135

Housing Wire

MARCH 30, 2022

The title insurance space isn’t generally known for placing outsized bets on technology. Hurst: Over the first few years of our venture investment activities, we predominantly invested in new models for engaging customers and stakeholders in the residential purchase market. As of Sept.

Title 351

Title Mortgages Commercial Technology 351

Housing Wire

JULY 19, 2022

Fannie Mae and Freddie Mac ’s regulator imagines a future where, perhaps through artificial intelligence and machine learning, errors in mortgages are identified in real time before a loan is closed. billion five years ago, per the Federal Housing Finance Agency — closing a mortgage loan has since gotten more expensive, not less.

Mortgages 367

Mortgages Finance Loans Technology 367

Housing Wire

AUGUST 30, 2022

There is also a renewed interest in the future state of residential mortgage originations. This has led many lenders to feel overwhelmed by options and lack understanding of how, when and where to best implement new technology. Many of these goals lead to adding technologies that can both speed up cycle times and drive down costs.

Lending 404

Lending Technology Equity Investor 404

Housing Wire

MARCH 25, 2021

As the refi boom fades, gain-on-sale margins at loanDepot are declining, the company disclosed in a new filing with the Securities and Exchange Commission this week. billion worth of residential loans in January and February, compared to the $37.4 billion the company originated in the fourth quarter of 2020. Mortgage Tech Demo Day.

Mortgages 491

Mortgages Sales Industrial Residential 491

Housing Wire

JULY 28, 2022

In light of this, HousingWire recently caught up with Teraverde Chief Technology & Innovation Officer Rob Peterson to learn more about the key to lender profitability in today’s lending environment. Rob Peterson: Most segments of the economy have effectively adopted technology to reduce their costs. Louis computes a 34.7%

Technology 347

Technology Lending Loans Residential 347

Housing Wire

APRIL 26, 2021

The buy is Compass’s first since the residential brokerage started publicly trading shares earlier this month. Glide, which was founded in 2017, provides tools like eSignature and the digitization of sales processing forms. Compass closed trading Monday at $18 per share, good for a market capitalization of $7 billion.

Purchase and sale agreement 373

Purchase and sale agreement Agents Brokerage MLS 373

Housing Wire

JUNE 27, 2023

Automated mortgage technology provider Lender Toolkit announced this week that it has integrated with Reggora , an appraisal management software company that focuses on modernizing residential real estate valuations for mortgage lenders.

Mortgages 289

Mortgages Inspection Loans Technology 289

Housing Wire

NOVEMBER 1, 2021

. “Financial institutions can now combine those relationships they’ve already established, while leveraging Rocket Mortgage’s transformational platform powered by Rocket technology.” ” There are nearly 5,000 FDIC-insured banks and more than 5,000 credit unions in the U.S.

Banks 390

Banks Mortgages Loan Officer Lending 390

RIS Media

JANUARY 10, 2021

Residential real estate sales have continued to flourish during the COVID-19 health pandemic and have been critical to keeping the economy afloat. We have the technology to do this, but the laws and business practices need to catch up so that we can provide safe, remote digital real estate closings.

Closing 104

Closing Technology Industrial Residential 104

RIS Media

JANUARY 12, 2022

closed 2021 with simultaneous acquisitions of five companies, the firm announced this week. The acquisitions add 1,400 sales associates, 15,000 transactions, and nearly $8 billion in closed sales volume to HomeServices’ 2021 portfolio and strengthen its commitment to fulfilling a “customer-for-life” business model.

Closing 97

Closing Title Brokerage Branding 97

Housing Wire

NOVEMBER 3, 2021

The third quarter of 2021 saw eXp agents close 130,029 residential transaction sides, a year-over-year increase of 72%. Residential transaction volume also rose to $46.6 It doubled sales volume from the $36 billion it generated in 2019. billion, an increase of 97% from a year ago. by transaction volume in 2020 with $72.2

Lending 335

Lending Brokerage Loan Officer Residential 335

Housing Wire

AUGUST 1, 2023

Their collective expertise spans the entire spectrum of the sector, encompassing areas such as lending, tech, real estate, appraisal, compliance, operations, sales and so much more. The following list of honorees comprises many more examples of exceptional leadership from some of the industry’s most accomplished women.

Lending 370

Lending Title Mortgages Equity 370

Housing Wire

APRIL 11, 2022

Top mortgage lending software and analytics provider Black Knight is reportedly exploring a sale following takeover interest from several private equity firms. “The potential sale appears to be a case when private equity is opportunistic because Black Knight’s stock has underperformed relative to expectations.

Equity 315

Equity Technology Lending Investor 315

Housing Wire

MARCH 9, 2022

The firm, founded in 2008, also provides document management services for closing, purchase, sale and securitization of residential and business-purpose mortgage loans. Edgemac assesses whether the loan can be securitized after the loan is closed. Presented by: Sagent Lending Technologies . Learn here!

Due diligence 288

Due diligence Loans Banks Mortgages 288

GeekEstate

JUNE 18, 2023

We have a job opportunity to share from a member of the GEM, Collabra Technology , data analytics and automated digital marketing solutions for the real estate industry: Chief Marketing Officer. Partner closely with the channel sales organization to ensure support for effective lead generation and conversion opportunities.

Technology 67

Technology Marketing Pre-qualification Branding 67

Housing Wire

OCTOBER 6, 2021

Oh boy was I wrong… Not necessarily wrong, but after joining HW Media just a few weeks ago as the sales marketing manager I realized that the residential real estate side was only one one part of the industry. My eyes were opened to a whole new level of the mortgage industry and real estate related technology platforms!

Lending 284

Lending Technology Residential Loans 284

Housing Wire

JANUARY 12, 2021

SoftBank -backed residential brokerage Compass filed paperwork with the Securities and Exchanges Commission on Monday to go public. The document does not indicate how much money Compass plans to raise in a public offering, nor does it disclose price per share on common stock up for sale. billion in sales. It posted $91.2

Brokerage 378

Brokerage Residential Title Agents 378

Housing Wire

DECEMBER 9, 2020

HW Media, publisher of HousingWire, FinLedger, and producer of Engage Events, today announced it has closed on the strategic acquisition of REAL Trends, the residential real estate industry’s leading report that ranks the performance of the top U.S. brokerage firms. Minor & Brown PC served as legal counsel to REAL Trends.

Branding 538

Branding Residential Brokerage Industrial 538

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 342

Industrial Mortgages Principal Loans 342

Housing Wire

MARCH 24, 2023

1 in sales volume to to the top of the list and retained their No. These four brokerage companies did just over $20 billion in residential gross commission revenue, which shows steady growth in a down market,” said RealTrends Senior Advisor Steve Murray. “In 1 spot in transaction sides for the past four years. of all Realtors.

Brokerage 400

Brokerage Branding Agents Sales 400

RIS Media

APRIL 8, 2021

Four years into the job, she began overseeing residential sales before adding residential leasing and commercial to the mix. While the past year has been challenging, as a firm, Platinum Properties has made tremendous efforts to keep things as close to normal as possible. Today, she serves as the firm’s president.

Technology 104

Technology Residential Commercial Agents 104

Housing Wire

NOVEMBER 16, 2021

PIMCO, founded in 1971, has a long history of aggregating residential mortgage loans as well as managing assets for corporations, sovereign wealth funds, pension funds and other investors. Today, borrowers expect to close fast. Learn about the tools lenders should leverage to streamline home equity title and closing.

Equity 351

Equity Investor Marketing Title 351

Housing Wire

FEBRUARY 22, 2024

As we close 2023, we are operating in an environment that saw mortgage interest rates reach a high of 8% during the fourth quarter before falling to around mid-6% near the end of the year,” Eppinger said. To achieve its goal, Eppinger noted that Stewart is focusing on improving its technology and efficiency.

Title 402

Title Marketing Investor Commercial 402

Housing Wire

OCTOBER 7, 2020

At the time, the residential brokerage industry was grappling with a wave of consolidation, disruptions in technology, poaching wars and slowing growth. And Keller Williams had also been slow to adapt to shifts in technology. Josh has made that move possible more quickly and confidently than I could have imagined.”.

Brokerage 441

Brokerage Technology Agents Residential 441

RIS Media

MAY 23, 2021

Four years into the job, Stephenson began overseeing residential sales before adding residential leasing and commercial to the mix. While the past year has been challenging, as a firm, Platinum Properties has made tremendous efforts to keep things as close to normal as possible.

Technology 71

Technology Residential Commercial Brokerage 71

Housing Wire

MARCH 31, 2021

Eight days after Compass unveiled a hoped-for Wall Street valuation of over $10 billion, the New York City-based residential brokerage has significantly scaled back its ambitions for an initial public offering. The brokerage had announced it was trying to manufacture $882 million through the sale of stock at $23-$26 per share.

Brokerage 377

Brokerage Branding Residential Technology 377

Housing Wire

AUGUST 28, 2023

CEO Vishal Garg said in an interview with HousingWire that the company targets mortgage marketplace and white-label technology models. The lender’s gain-on-sale margin increased to 2.34% for the six months ended June 30, 2023, from 0.99% for the six months ended June 30, 2022. residential mortgages, the company said.

Purchase and sale agreement 338

Purchase and sale agreement Loans Banks Finance 338

Housing Wire

MARCH 23, 2021

Residential brokerage Compass took another step toward becoming a publicly traded company Tuesday, declaring it intends to sell common stock at a share price of between $23 and $26. A successful sale of stock at $24.50 It would appear that Compass is positioning itself as a technology company and not merely a brokerage.

Marketing 328

Marketing Brokerage Residential Banks 328