Housing Wire

JUNE 4, 2025

As borrower expectations for personalized, timely communication rise, loan officers are turning to AI-powered tools to stay competitive. Loan officers realize margins are too tight to treat prospects as one-time deals. It comes down to timing and relevance.

Industrial 329

Industrial Mortgages Loan Officer Loans 329

Housing Wire

MARCH 19, 2025

All three of the company’s product channels purchase, refinance and home equity saw annualized growth. Purchase business was up 25%, refinances soared 611% and home equity products (which include HELOCs and closed-end second-lien loans) saw 416% year-over-year growth. It finished 2024 with $3.6

Loan Officer 285

Loan Officer Mortgages Loans Equity 285

Housing Wire

DECEMBER 30, 2024

The good news for 2024 for us was that we had a lot of forward loan officers realize that reverse mortgages are a great piece [to add to] their business, and a lot of people took the initiative to get certified, she said. There may be ways to improve that, whether it’s changes in guidelines or changes in technology.

Mortgages 392

Mortgages Technology Loan Officer Industrial 392

Housing Wire

NOVEMBER 1, 2024

The Mortgage Industry Standards Maintenance Organization (MISMO), a subsidiary of the Mortgage Bankers Association (MBA), has been developing a series of uniform technology standards that will ideally allow for the somewhat siloed reverse mortgage industry to more easily collaborate with others in the mortgage finance ecosystem.

Mortgages 391

Mortgages Technology Loan Officer Loans 391

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. homeowners saw home equity increase 1.7%

Equity 440

Equity Purchase and sale agreement Marketing Lending 440

Housing Wire

MARCH 19, 2025

Editor in Chief Sarah Wheeler sat down with Chad Smith, president and COO of Better Mortgage , to talk about leadership, technology, and how they have pivoted their business strategy to meet the needs of this market. Smith joined Better in May 2024 after serving in senior leadership roles at Mission Loans, Caliber Home Loans and loanDepot.

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Loan Officer Technology Loans Mortgages 312

Housing Wire

APRIL 24, 2025

It’s designed to offer a broader set of comparison options for traditional mortgage brokers and forward loan officers to review reverse mortgage offerings with their clients, according to an announcement issued this week by HECM Tool. The platform was developed by reverse mortgage industry veteran Tane Cabe.

Mortgages 300

Mortgages Loan Officer Loans Principal 300

Housing Wire

AUGUST 26, 2024

HousingWire reported that in June 2022, the company raised $115 million — $60 million in equity and $55 million in debt — while acquiring Denver-based lending startup Accept.inc. A total of 40 lenders use the product, including The Loan Store and Luminate Home Loans , which is available in 46 states and and Washington, D.C,

Equity 476

Equity Loan Officer Lending Investor 476

Housing Wire

MAY 13, 2025

At the core of this strategy is Better s AI loan assistant, Betsy , which executed 127,000 consumer interactions in March. The company was recently able to restructure $530 million in convertible debt with SoftBank s SB Northstar , improving the company’s balance sheet by $200 million in pretax equity value.

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Purchase and sale agreement Loan Officer Loans Equity 273

Housing Wire

SEPTEMBER 5, 2023

I sat down with Tim Bowler, president of ICE Mortgage Technology, a business unit of ICE, to talk about the company’s mortgage automation strategy — and what keeps him up at night. SW: ICE Mortgage Technology is known for its focus on automation. Sarah Wheeler: ICE’s acquisition of Black Knight just closed today.

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Technology Mortgages Loans Industrial 411

Housing Wire

OCTOBER 23, 2024

Mortgage data and workflow solutions provider FirstClose is launching a new feature for its automated home equity point-of-sale system. The Austin -based company has added the Digital Loan Product Wizard to the system, according to a recent announcement. Early trials of the feature yielded a 10% increase in applicant conversion rates.

Equity 427

Equity Loan Officer Lending Loans 427

Housing Wire

JUNE 20, 2024

Real estate technology firm Knock announced Thursday that its bridge loan product is being integrated into the borrower application process at Baltimore -based NFM Lending. The bridge loan estimate is being integrated into the lender’s workflow through an Encompass plugin.

Lending 440

Lending Loans Loan Officer Equity 440

Housing Wire

FEBRUARY 6, 2024

With the central bank expected to cut interest rates this year, banks reported that loan demand should strengthen across residential loan categories in 2024, according to the Fed’s quarterly senior loan officer opinion survey (SLOOS) released on Monday. The survey showed that a net 25.5%

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Residential Lending Banks Mortgages 494

Housing Wire

MAY 12, 2025

HELOC and home equity loan originations jumped 6% and 8% , respectively, in Q3 2024. Homeowners are increasingly turning to HELOCs as a means to access home equity without refinancing their low-rate mortgages. According to the Mortgage Bankers Association , the lenders who are making money right now arent just originating loans.

Mortgages 243

Mortgages Equity Loans Lending 243

Housing Wire

OCTOBER 11, 2023

The integration of CoreLogic’s AutomatIQ Borrower Income Analysis, SmartFees and property data into the DMP interface will allow loan officers can obtain crucial information about borrowers and properties at the outset of the process, CoreLogic noted. “By It then tailors that data to the home-buying process.

Mortgages 440

Mortgages Loan Officer Banks Lending 440

Housing Wire

SEPTEMBER 1, 2023

New York-based investment firm Cerberus Capital Management has entered into a definitive agreement to acquire home equity lender Spring EQ , the companies announced on Friday. The transaction will allow Cerberus executives to realize new opportunities as demand for home equity solutions in the U.S. accelerates.

Equity 411

Equity Loan Officer Residential Commercial 411

Housing Wire

AUGUST 13, 2021

This tipping point came after several years of rapid technology growth in our industry. The trends we elaborated on two years ago, pre-COVID, are now the standard: Digital is the new normal and technology is now the price of entry rather than a competitive advantage. To them it’s just “a mortgage application.”. MLS reinvented.

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Loan Officer Technology Loans Mortgages 469

Housing Wire

FEBRUARY 20, 2024

Today, a mortgage lender must have scalability in its operation, an ability to pivot quickly to meet changing market conditions and client needs, a well-designed technology stack and, above all, a keen sense of what its customers and the marketplace truly want from them.

Loan Officer 427

Loan Officer Lending Technology Loans 427

Housing Wire

NOVEMBER 15, 2022

HousingWire recently spoke with Dan Catinella, chief lending officer at Total Expert, about how Customer Intelligence technology is improving deal flow and pushing the customer experience into the 21st century. . Insightful borrower data and enhanced tech solutions are paramount to success in today’s modern mortgage industry.

Loan Officer 461

Loan Officer Marketing Technology Loans 461

Housing Wire

MARCH 28, 2024

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. The operating model change involved Better pivoting to hiring experienced loan officers on commission-based compensation plans. Better posted a GAAP net loss of $59.5

Loan Officer 451

Loan Officer VA loan Loans Technology 451

Housing Wire

SEPTEMBER 25, 2024

Today’s focus is on cultural fit, innovative talent compensation strategies, and leveraging technology to stabilize workforce needs through economic cycles. loanDepot’s focus is on the sales side, attracting experienced loan officers (LOs) and people who want to join the industry via its accelerated career in effective sales (ACES) program.

Industrial 451

Industrial Mortgages Loan Officer Loans 451

Housing Wire

MAY 3, 2022

Nonbank heavyweight loanDepot will unveil a home equity line of credit (HELOC) product in the third quarter of 2022, the first offering of its recently launched mello business unit. ” Prospective borrowers can talk to a licensed loan officer if they prefer during the approval process, however. .

Equity 411

Equity Loan Officer Loans Technology 411

Housing Wire

OCTOBER 13, 2021

has raised $175 million to accelerate growth and fund new technologies , just 16 months after relaunching its operations. Funds managed by Oaktree Capital Management , MFA Financia l, various family offices, and other strategic investors invested through a StoicLane’s special purpose vehicle, StoicLane said. and former U.S.

Mortgages 419

Mortgages Loan Officer Loans Investor 419

Housing Wire

MAY 26, 2021

The average time to close on a mortgage has decreased for a fourth consecutive month to 51 days, according to a new study from ICE Mortgage Technology. The percentage of purchase mortgages increased to 43% of total closed loans. The average interest rate for all loans was 3.48% in April 2020.

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Closing Mortgages VA loan FHA loan 469

Housing Wire

MARCH 18, 2021

Offerpad will also receive a $200 million commitment from private equity investors such as BlackRock and Zimmer Partners. Technology has given consumers the power of choice and expedited the entire real estate purchasing process. Supernova Partners will shepherd Offerpad onto the New York Stock Exchange, according to a press release.

Loan Officer 451

Loan Officer Technology Equity Brokerage 451

Housing Wire

OCTOBER 12, 2023

By deploying customer intelligence from Total Expert — a customer engagement platform for financial institutions — Mountain West Financial will provide automated alerts that notify its loan officers in real-time when a customer’s behavior or financial situation signals they’re a good candidate for a home loan, Total Expert said.

Loan Officer 440

Loan Officer Lending Loans Equity 440

Housing Wire

DECEMBER 29, 2023

HousingWire interviewed a dozen loan officers and mortgage executives about their strategies for 2024, which mortgage products they expect to be in demand, and the magic rate needed to get sellers and buyers back in the market. AI can understand the loan status, a loan profile and AI can respond to the consumer.

Mortgages 469

Mortgages Loan Officer Loans Equity 469

Housing Wire

APRIL 14, 2022

A seasoned retail and commercial banking salesman in Fort Wayne, Indiana, the 39-year-old Woodward joined Interfirst Mortgage as a loan officer in October 2020 after a recommendation from an old college friend. However, they are hampered by comparatively poor technology and the slow speed at which they can close a loan, analysts said.

Mortgages 526

Mortgages Marketing Lending Loans 526

Housing Wire

FEBRUARY 15, 2024

We were focused on being able to take a consumer all the way through on our technology platform for just the conventional loans, and we achieved that milestone back in the summer of 2023. More recently, we’ve been hiring loan officers, processors and underwriters as the company has been starting to grow,” Garg said.

VA loan 426

VA loan Loans Loan Officer FHA loan 426

Housing Wire

JUNE 5, 2025

The combined technology now powers Afordals integrated features including affordability -based searches, preapproval calculators and AI-powered lead scoring. Tools for real estate professionals For agents and loan officers, Afordal offers customer insights and prioritization tools.

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VA loan Mortgages Loan Officer Principal 291

Housing Wire

NOVEMBER 2, 2020

As a premier provider of innovative, high-performance software, data and analytics for mortgage and home equity lending and servicing, Black Knight is transforming the housing finance industry. Black Knight is a proven mortgage industry leader in servicing technology.

Lending 427

Lending Bankruptcy Equity Loans 427

Housing Wire

SEPTEMBER 28, 2022

The executive was most recently chief executive officer at mortgage marketing firm Volly. Before that he served as president of origination technologies at Black Knight. He also had a stint as chief information officer of mortgage and home equity lending at Bank of America. . in 2021, compared to 2.3%

Mortgages 392

Mortgages Loan Officer Lending Loans 392

Housing Wire

NOVEMBER 1, 2022

Mortgage Coach, founded in 2009 and based in California, offers an interactive borrower education platform that lets loan officers guide borrowers through a visual presentation of their loan options.

Industrial 451

Industrial Mortgages Loan Officer Loans 451

Housing Wire

APRIL 10, 2023

HW: What types of technology can lenders use to improve the borrower experience? DG: For the past few years, homeowner engagement has been pretty basic — mostly apps focused on home value, home equity and market reports. When we fund your loan, I’m going to give you a homeowner portal. This is where Milestones fits in.

Technology 440

Technology Equity Lending Loan Officer 440

Housing Wire

JANUARY 27, 2021

They also offer a home equity platform for home equity loan applications and HELOCs under the same umbrella. In its release, Roostify said it intends to use the latest investor backing to advance its current AI technology and grow its staff by 50%.

Lending 370

Lending Technology Loan Officer Equity 370

Housing Wire

MAY 11, 2023

Flueid , a leading technology company specializing in real estate transactions, announced on Thursday the integration of its patented Flueid Decision platform with Encompass by ICE Mortgage Technology.

Loans 392

Loans Title Title search Loan Officer 392

Housing Wire

JANUARY 5, 2021

The platform allows loan officers to become “mobile originators,” using their smartphones to view applications, pull credit reports and oversee all aspects of the loan process while connecting in real-time to their LOS.

Loan Officer 411

Loan Officer Lending Equity Mortgages 411