Remove Commercial Remove Design Remove Sales Remove Technology
article thumbnail

How High Interest Rates Are Changing Commercial Property Lending

Propmodo

This has been a perfect storm for the commercial real estate lending industry. Falling property prices and liquidity fears are causing banks to slow or stop lending on commercial properties. All of this combined to push commercial lending to a standstill.

Lending 113
article thumbnail

Better narrows loss in 2023, aims to reach profitability soon

Housing Wire

The digital lender made changes in its commercial operating model to achieve this goal and will continue to invest in Tinman, its proprietary technology platform. Better has been launching digital products with its proprietary technology, including digital VA loans and a one-day mortgage product. million in full year 2022.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Former Fannie Mae chief named as CEO of Silicon Valley Bank N.A.

Housing Wire

Treasury and introducing new technologies to the housing finance system. billion loss from the sale of a $21 billion portfolio of available-for-sale securities that triggered massive deposit outflows. venture-backed technology and healthcare companies. The bank failed to raise capital to plug a $1.8

Banks 372
article thumbnail

Why the right PPE matters

Housing Wire

During his decade-long tenure at ICE Mortgage Technology , Sahi learned the importance of bi-directional communication between software applications to achieve optimal workflow efficiencies, user experience and maximize profitability. “If Another thing to note when identifying the right PPE is the technology partner.

article thumbnail

The Compounding Value of Technology, Part II: Tech Consolidation

Enertiv

This is the second in Enertiv's latest series, The Compounding Value of Technology, where we explore how technology’s value builds on itself. Up next: utility recovery In the world of commercial real estate, the quest for efficiency and profitability is a perpetual journey. The previous article was on productivity.

article thumbnail

As the housing market bottoms out, educating the future mortgage pro becomes paramount

Housing Wire

In 2021, Gigliotti created Axis 360 Lift , an online academy designed to educate aspiring mortgage and title professionals. Graduates of the program commonly find job placements with lenders, technology companies, fintech and proptech firms, or title companies. of employees at commercial real estate companies were men, while 41.4%

Mortgages 332
article thumbnail

Purchase orders give boost to Fidelity’s title segment in Q2

Housing Wire

Fidelity’s total commercial revenue was $347 million, an 89% increase year-over-year driven by a 65% increase in closed orders. Total commercial orders opened also increased 58% year over year. How tech can improve the title experience without removing the human element. Presented by: Radian.

Title 382