Housing Wire

APRIL 26, 2022

A rising player in the world of crypto-mortgages and blockchain-enabled financing, LoanSnap, plans expand its reach in the market by opening its lending platform to licensed mortgage brokers across the country in the near future. Jacob is not alone in seeing the potential upside for crypto-mortgages and AI-enabled traditional loans.

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Due diligence Mortgages Equity Loans 449

Housing Wire

MAY 16, 2023

Wells Fargo -backed mortgage fintech Maxwell has struck a deal to acquire mortgage solutions provider LenderSelect Mortgage Group from Blue Ridge Bank. ” Richmond, Virginia-based LenderSelect Mortgage Group, which provides mortgage loan solutions to lenders, closed its sale to Blue Ridge Bankshares Inc.

Mortgages 349

Mortgages Due diligence Banks Technology 349

Housing Wire

DECEMBER 12, 2022

I , a blank check company affiliated with fintech Figure Technologies , plans to merge with a warehouse lender and bank holding company to potentially bring blockchain technology to the financial institution. United Wholesale Mortgage went public in January 2021 after merging with Gores Holdings IV. Figure Acquisition Corp.

Banks 371

Banks Mortgages Due diligence Technology 371

Housing Wire

JULY 26, 2022

California-based wholesale/correspondent lender New Wave Lending Group filed a lawsuit against Sprout Mortgage , accusing the company of defaulting on a pool of $32 million in loans it agreed to purchase. After accepting Sprout’s written offer, the parties started the due diligence process. Presented by: Polly.

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Due diligence Mortgages Principal Lending 368

Housing Wire

JULY 26, 2022

California-based wholesale/correspondent lender New Wave Lending Group filed a lawsuit against Sprout Mortgage , accusing the company of defaulting on a pool of $32 million in loans it agreed to purchase. After accepting Sprout’s written offer, the parties started the due diligence process. Presented by: Polly.

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Due diligence Mortgages Principal Lending 363

Housing Wire

NOVEMBER 29, 2021

The supply-chain bottleneck afflicting the global economy has its own counterpart in the world of residential mortgage-backed securities, also referred to as RMBS. They are in high demand for each stage of the mortgage process, yet they are in seriously short supply in a still-booming mortgage market. billion, compared to $49.69

Due diligence 440

Due diligence Loan Officer Loans Mortgages 440

Housing Wire

OCTOBER 29, 2020

HousingWire recently spoke with Brian Simon, president of Trelix Mortgage Fulfillment Services, about how Trelix helps its clients work more efficiently while still maintaining compliance and performing due diligence. HousingWire: What sets Trelix apart from other mortgage fulfillment services?

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Due diligence Mortgages Title search Loans 392

Housing Wire

NOVEMBER 30, 2021

Record-setting mortgage originations coupled with a resurgent private-label securitization market have created an expanding demand for loan underwriters at a time when they are in scarce supply. . A recent report from the Federal Reserve Bank of New York illustrates the explosion of mortgage originations during the past year.

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Due diligence Mortgages Loans Residential 369

Housing Wire

OCTOBER 16, 2023

Generative artificial intelligence (AI) has tremendous potential to cut costs and improve customer experience, but regulation has not caught up to develop a governance program, industry pros said of AI’s implementation in mortgage lending. The panel noted the findings of the latest Fannie Mae mortgage lender sentiment survey.

Due diligence 411

Due diligence Lending Technology Mortgages 411

Housing Wire

AUGUST 19, 2020

Taken from the August issue of HousingWire Magazine, LauraMac is looking to increase the technology available to mortgage loans after the closing table. Launched just this year, LauraMac provides a suite of configurable products to enable collaboration that will transform the way due diligence is performed in the mortgage industry.

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Due diligence Technology Loans Mortgages 431

Housing Wire

FEBRUARY 9, 2023

LauraMac, a provider of mortgage loan review SaaS technology, announced on Thursday that it has integrated with LoanLogics IDEA , an intelligent document processing and data extraction technology. In 2022, LauraMac was used to perform diligence for more than 35,000 loans with more than 1000 users.

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Due diligence Technology Loans Mortgages 277

Housing Wire

APRIL 20, 2021

” From the Mortgage Bankers Association (MBA): “While MBA supports the ongoing development of such tools, MBA also acknowledges the need for appraisers and lenders to provide some level of oversight and due diligence to preserve the overall quality of the data referenced in future valuations. .”

Technology 397

Technology Due diligence Lending Industrial 397

Housing Wire

SEPTEMBER 13, 2023

The mortgage servicing rights (MSR) market has been very active this year, with robust deal flow that is on par with last year’s record $1 trillion in trading volume and with generally good pricing for MSR packages, industry experts agree. We’re seeing good multiples [a measure of pricing on MSR pools], like 5.5

Due diligence 392

Due diligence Marketing Loans Mortgages 392

Housing Wire

FEBRUARY 22, 2024

Tiffany Fletcher, senior vice president of operations support and operational risk for VRM Mortgage Services , offers strategies for doing just that, showing how VRM is growing and changing during these unique times. Tiffany Fletcher, VRM Mortgage Services HW: What does the current market and demand for REO assets look like?

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Due diligence Marketing Mortgages New Construction 369

Housing Wire

APRIL 30, 2021

The same can be said about the mortgage industry as an ecosystem, and its technology as the coral reef. In order for brokers and lenders to work together in symbiosis as organisms of this ecosystem, the technology must also allow for it. Right now, the mortgage ecosystem is fractured. Fractured mortgage ecosystem.

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Due diligence Mortgages Technology Loans 306

Housing Wire

MARCH 23, 2021

Wherever there is commerce, there will be fraud, and the mortgage industry is no exception. The full extent of fraud in the mortgage industry may be impossible to fully quantify, but the 2020 True Cost of Fraud study by LexisNexis Risk Solutions estimated that the cost of fraud has risen 7.3% across U.S.

Lending 432

Lending Mortgages Due diligence Debt-to-income ratio 432

Housing Wire

NOVEMBER 13, 2023

In the world of mortgage lending, there’s an all-too-common sentiment that echoes through the industry: “My loan origination system (LOS) sucks.” In reality, the LOS is not the problem; the technology is doing exactly what it was designed to do. The LOS is a foundational piece of technology for every lender.

Lending 387

Lending Due diligence Technology Loans 387

Housing Wire

OCTOBER 19, 2021

The historic mortgage boom spurred by the pandemic hasn’t just been a blessing for lenders – the slew of mortgage loan-trading platforms have also reaped the rewards of historic origination volume. Roughly 60% of mortgages are packaged and sold to investors, while the remaining is held in clients’ portfolios.

Loans 311

Loans Due diligence Mortgages Investor 311

Housing Wire

JULY 27, 2021

Michael Franco: The last two years in the mortgage industry have certainly been unique. Volatility and dramatic shifts in market activity have forced participants across the mortgage lifecycle to embrace more agile business practices. At the heart of our ecosystem approach is technology. We got the exact opposite.

Industrial 384

Industrial Mortgages Lending Due diligence 384

Housing Wire

MARCH 16, 2022

California-based ICE Mortgage Technology announced this week two enterprise agreements to integrate its eClose solution to Maxwell and Roostify platforms, enabling a more streamlined closing process for lenders and borrowers. Encompass eClose will be part of the mortgage fintech Maxwell’s point-of-sale platform.

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Due diligence Loans Lending Technology 343

Realty Biz

MARCH 15, 2021

While blockchain has already been used in sectors like finance and logistics for many years, the technology is now being leveraged within the real estate sector. Smart contracts can also improve due diligence, save on costs, and reduce the likelihood of fraud, payment disputes, and many other issues. Image Credit: Unsplash.

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Technology Due diligence Title Marketing 145

Housing Wire

NOVEMBER 22, 2023

Editor in Chief Sarah Wheeler sat down with Scot Rose , CIO at Class Valuation , to talk about innovation in the appraisal space and how the technology being deployed for appraisal modernization can actually protect appraisers. SW: How do you think about technology and prioritizing what to do next? What’s changing there?

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Technology Due diligence Development Loan Officer 420

Housing Wire

MAY 13, 2022

The key difference in Blockchain, distributed ledger technologies (DLT) and related crypto-technologies today is we now understand how these technologies must adapt and are adapting to the world as it is. Emerging distributed ledger technologies are forming a consensus-based approaches to the blockchain within business domains.

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Due diligence Technology Banks Title 346

Housing Wire

AUGUST 12, 2022

A reperforming loan is a mortgage that has been or is currently delinquent but has been reperforming for a period of time. 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. million; and pool 3, $312.9

Loans 382

Loans Purchase and sale agreement Principal Due diligence 382

Housing Wire

SEPTEMBER 21, 2021

Six months after raising capital, digital mortgage startup Maxwell announced Tuesday the launch of a trading platform to provide community lenders access to the secondary market, connecting these loan sellers to buyers. mortgage market. mortgage market. Learn more here! Presented by: iEmergent.

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Due diligence Investor Loans Lending 253

Housing Wire

FEBRUARY 7, 2022

The Mortgage Bankers Association estimates a 9% increase to a record new purchase volume of $1.73 As mortgage lenders begin to rely more on purchase volume to support their growth, emphasis is being placed on increasing efficiency in processing these loans. Why are Purchase Loans a Challenge for Mortgage Processors?

Loans 329

Loans Due diligence Title Technology 329

Realty Biz

NOVEMBER 16, 2023

Artificial intelligence (AI) is quickly becoming an integral part of the real estate technology industry. Lenddesk is touting Lender Spotlight AI as a powerful tool that can help mortgage professionals save time and find solutions faster for homebuyers.

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Due diligence Technology Industrial Development 91

Housing Wire

FEBRUARY 16, 2023

LauraMac, a provider of mortgage loan review SaaS technology, has appointed Rick Seehausen as its chief strategy officer. Seehausen’s professional career spans nearly three decades in the mortgage industry. Launched in 2019, the company’s technology serves companies that acquire assets in the secondary market.

Loans 315

Loans Principal Technology Development 315

Realty Biz

OCTOBER 3, 2023

Among the various sectors, mortgage lending stands out as an area experiencing considerable transformation. This article delves into the myriad ways AI will affect mortgage lenders, examining the emerging trends, potential challenges, and the prospective landscape of the mortgage industry.

Lending 94

Lending Mortgages Due diligence Technology 94

Housing Wire

JULY 28, 2021

Let’s dive into two areas that technology partners and independent brokerages can align to ensure that demand is captured and more at-bats are won. The ability for an agent to share important due diligence dates, documents and send for eSignature with a click of a button satisfies that buyer’s hunger for more.

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Due diligence Brokerage Agents Design 545

Housing Wire

DECEMBER 2, 2021

The mortgage industry is contending with a loan-underwriter shortage that has acted like a governor on an engine — slowing the pace of a fast-growing private-label securitization market. Executives with TPR firms and the bond-rating agencies that make use of their due-diligence reviews agree the problem is a big challenge.

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Due diligence Mortgages Technology Loans 355

Housing Wire

APRIL 12, 2023

She added that if banks were “on the hook, and they had to reimburse consumers, then maybe they’ll do more due-diligence.” said technology exists to help protect against BEC threats, adding that being oblivious to the threat only compounds it. “If With technology, we can minimize it, but fraud is not going to go away.

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Industrial Banks Title Technology 370

Housing Wire

MAY 26, 2023

In a vacant lot or seller impersonation scam, public records are searched to identify real estate that is free of mortgage or other liens, as well as the identity of the property owner. We are glad we felt that something fishy was going on and that our technology partner, CertifID, verified those feelings for us.”

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Title Land Due diligence Sales 375

Housing Wire

APRIL 24, 2024

HousingWire is excited to announce this year’s Rising Stars, representing the next generation of leaders in mortgage and real estate. This year 80 honorees were selected.

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Principal Due diligence Lending Title 430

Housing Wire

MAY 20, 2022

The residential mortgage origination process is very complex and origination and underwriting mistakes can be very costly, so lenders need to make sure they’re mitigating every possible risk related to the borrower and property. That’s why due diligence is a critical element of every mortgage transaction.

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Due diligence Loans Residential Technology 352

Housing Wire

MAY 17, 2023

Incenter Diligence Solutions , a provider of due diligence and document management services for the mortgage industry, announced on Wednesday that it has expanded offerings for the mortgage servicing rights (MSR) trading market. The firm also offers individualized reporting and document delivery services.

Due diligence 349

Due diligence Loans Mortgages Technology 349

Housing Wire

MARCH 15, 2024

In fact, there aren’t many mortgage lenders, builders or real estate brokerages that haven’t at least fleetingly entertained the notion. Rapidly advancing technology and data analytics have also revolutionized the commercial real estate landscape, offering scores of new avenues for value creation and risk mitigation. And why not?

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Commercial Brokerage Due diligence Title 392