Housing Wire

MAY 9, 2024

The quarter’s positive performance was supported by increased origination volumes at improved margins and servicing sales, which resulted in a non-GAAP net income of $141 million from January to March, compared to a $361 million loss in the previous quarter. UWM Holdings Corp. , Meanwhile, the GAAP net income was $180.5

Sales 273

Sales Principal Loans Mortgages 273

Housing Wire

APRIL 13, 2023

San Francisco-based fintech Polly has hired Parvesh Sahi, a former executive from ICE Mortgage Technology , as chief revenue officer to scale the business in a highly competitive mortgage environment. Sahi will be involved in all aspects of the corporate strategy, business development, sales and account management, the firm said Thursday.

Technology 268

Technology Mortgages Development Loans 268

Housing Wire

DECEMBER 21, 2021

According to Fahad Janvekar, a loan officer at Fairway Independent Mortgage , “there is definitely some concern” about layoffs in the industry. I think the fear always exists in our heads, being in the sales game you try to project positivity, but of course there is fear,” Janvekar said. In 2020, hiring in the mortgage industry surged.

Industrial 468

Industrial Loan Officer Loans Mortgages 468

Housing Wire

FEBRUARY 9, 2022

While the real estate industry has witnessed the introduction of a number of spectacular and innovative developments in recent years, we still (sometimes unfairly) get tagged as “old fashioned” or “conservative.” Why is the industry still transferring money the old-fashioned way? There’s really no experience quite like buying a home.

Industrial 409

Industrial Purchase and sale agreement Pre-approval Banks 409

Housing Wire

JULY 27, 2021

Michael Franco: The last two years in the mortgage industry have certainly been unique. Origination volume doubled expectations and wide gain-on-sale margins brought on by record low mortgage rates forced the industry to increase their capacity to meet surging loan demand. At the heart of our ecosystem approach is technology.

Industrial 397

Industrial Mortgages Lending Due diligence 397

Housing Wire

OCTOBER 31, 2022

“The increased M&A activity to-date has been fueled primarily by two factors: 1) pent-up demand for retirement by aged owners who achieved lifetime net worth objectives, and 2) the current industry challenges with more storm clouds on the horizon,” David Hrobon, principal at Stratmor wrote in its October Insights Report.

Industrial 345

Industrial Mortgages Principal Loans 345

Housing Wire

FEBRUARY 8, 2024

This week, Mortgage Cadence announced that it had appointed longtime reverse mortgage industry professional George Morales to serve on its sales team. The company is aiming to bring more reverse mortgage technology solutions to potential partners already in the industry and those that have yet to enter it.

Banks 387

Banks Mortgages Technology Branding 387

Housing Wire

NOVEMBER 3, 2020

The mortgage industry is no stranger to disruption since the onset of the COVID-19 pandemic. As the premier provider of software, data and analytics solutions to the mortgage and capital markets industries, Black Knight further strengthened its position as a market leader with the acquisition of Optimal Blue in September 2020.

Industrial 393

Industrial Closing Loans Lending 393

Housing Wire

JUNE 30, 2021

That’s where Finance of America Mortgage (FAM) TPO’s Two-X Flex suite of proprietary jumbo and non-QM products comes into the picture. FAM TPO’s diversified lending channels allow broker partners to be at the forefront of the industry in any market condition or environment.

Finance 283

Finance Lending Loans Technology 283

Housing Wire

DECEMBER 5, 2023

Residential sale-leaseback platform EasyKnock has acquired home equity investment platform Balance Homes , the company announced on Tuesday. We are thrilled to bring Balance Homes’ unique co-ownership product, technology and team into EasyKnock,” Schoenholtz said.

Equity 408

Equity Investor Technology Residential 408

Housing Wire

MARCH 28, 2024

Better Home & Finance Holding Co. , 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.

Loan Officer 422

Loan Officer VA loan Loans Technology 422

Housing Wire

APRIL 11, 2024

Figure Technology Solutions (FTS), the parent company of Figure Lending LLC , announced on Thursday that it will begin making its Digital Asset Registration Technologies (DART) platform — which it describes as “a combined lien and eNote registry service” — available to private and wholesale lending partners.

Lending 332

Lending Technology Equity Loans 332

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. How do I start using it with other data sources we have?

Due diligence 425

Due diligence Lending Technology Mortgages 425

Housing Wire

APRIL 26, 2024

Lind also shares insights into the future of non-QM lending and the importance of emergent technologies in improving the origination process. I think a lot of people in this industry probably got caught sideways because they had never seen a rate environment where rates went up. So much of our industry is sales and marketing first.

Lending 382

Lending Loans Technology Industrial 382

Housing Wire

NOVEMBER 27, 2023

HousingWire recently spoke with David Bernard, senior managing director of Specialized Mortgage Services at Western Alliance Bank , Member FDIC, about warehouse lending and how the warehouse sector and mortgage finance have progressed and continue to evolve. HW: How has mortgage finance changed in the last few years?

Banks 364

Banks Lending Finance Mortgages 364

Housing Wire

MARCH 17, 2022

Figure , a blockchain-focused financial service company and Apollo , a global alternative asset manager, announced today completing a transaction involving the origination of digital mortgage loans and transfer of ownership via blockchain technology, according to a press release shared with FinLedger.

Lending 475

Lending Technology Loans Mortgages 475

Housing Wire

MARCH 1, 2023

San Francisco-based SaaS technology provider Polly on Monday announced its API integration with Total Expert, a customer engagement platform purpose-built for financial institutions. Total Expert provides customer engagement solutions for more than 175 modern financial institutions, unifying data, marketing, sales, and compliance solutions.

MLS 310

MLS Loan Officer Technology Loans 310

Housing Wire

OCTOBER 31, 2022

Her role will focus on technology to drive the company’s growth. Waggoner’s professional career spans 18 years in the mortgage industry. “She has a proven track record of leading sales-centric technology teams and delivering with speed to market,” he added. The key to growing in a challenging mortgage market.

Mortgages 354

Mortgages Loan Officer Loans Technology 354

Housing Wire

AUGUST 14, 2023

When we contemplate the potential of AI and Web3 technologies in real estate , it goes beyond simply revolutionizing how consumers search for homes and take ownership of assets. The technologies that truly succeed are the ones that prioritize saving agents time and driving their business forward and so far there haven’t been many.

Marketing 345

Marketing Technology Residential Agents 345

Housing Wire

OCTOBER 4, 2022

Each year, the HousingWire Vanguards represent an elite group of industry executives who are moving the housing market forward. But these industry veterans didn’t fall into these roles overnight. Built Technologies. Sales Boomerang and Mortgage Coach. Sales Boomerang and Mortgage Coach. Chief Technology Officer.

Lending 425

Lending Technology Finance Mortgages 425

Housing Wire

MARCH 13, 2023

Treasury and introducing new technologies to the housing finance system. Mayopoulos resigned from Fannie Mae in 2018 and joined mortgage software startup Blend the following year, becoming one of the highest-profile executives to join the fintech industry. venture-backed technology and healthcare companies.

Banks 382

Banks Finance Commercial Technology 382

Housing Wire

APRIL 11, 2023

As a professional in the industry with over twenty years of experience, I know that two of the most crucial aspects of any real estate transaction are title and escrow. Buyers, sellers and lenders all have a stake in the sale, and title and escrow ensure that everyone’s interests are protected. How has technology impacted the industry?

Title search 374

Title search Title Purchase and sale agreement Preliminary report 374

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 357

Seller concession Mortgages Loans Finance 357

Housing Wire

AUGUST 1, 2022

Among their outstanding achievements, these women are using their platforms to support and empower others in the industry while simultaneously improving processes that can provide greater access to homeownership for women. Vice President of Industry and Regulatory Affairs. ICE Mortgage Technology. Finance of America Reverse.

Lending 396

Lending Title Technology Finance 396

Housing Wire

APRIL 18, 2023

However, it still appears that lenders are focusing their technology investments on the point of sale. A 2020 ICE Mortgage Technology survey confirmed this, reporting that 58% of borrowers were affected in their decision making by the presence (or lack thereof) of an online application. This comes as no surprise.

Mortgages 357

Mortgages Technology Closing costs Title 357

Housing Wire

JANUARY 10, 2024

Due to the cyclical nature of the mortgage industry, we were hopeful that the duration of elevated interest rates would not be long lasting,” Janis Allen, executive vice president of corporate real estate at Pennymac, wrote in a Dec. 19 letter to the North Carolina Economic Investment Committee and the North Carolina Department of Commerce.

Loan Officer 342

Loan Officer Development Mortgages Lending 342

Housing Wire

FEBRUARY 14, 2024

Schmidt said that during M&A transactions, Guild generally hires the sales teams and their operational support staff. Guild, which has originated and serviced residential mortgages since 1960, reached about $15 billion in sales volume last year, according to Inside Mortgage Finance estimates.

Mortgages 438

Mortgages Loan Officer Loans Closing 438

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. billion, according to a review of bond-rating and industry reports.

Equity 423

Equity Purchase and sale agreement Marketing Lending 423

Realty Biz

JANUARY 8, 2023

As time marches on, the real estate industry - as always - continues to adapt and change to new paradigms. As ever, real estate markets will continue to be driven by new and emergent technology trends as today’s experimental approaches become tomorrow’s common tools. The Last Word on 2023’s Real Estate Technology Trends.

Technology 99

Technology Development Land Finance 99

Housing Wire

FEBRUARY 16, 2021

As demonstrated in the brilliant UWM Superbowl ad , Millennial homebuyers are looking to technology to match them with the right partners in life, including their mortgage. While Blend has led the industry in capturing 25% of the mortgage market, they have also been challenged with low adoption rates. 5 Technology becomes fintech.

Mortgages 534

Mortgages Banks Loan Officer Technology 534

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. You’re probably one of the first person in the industry that I’m talking to about it,” he added.

Due diligence 473

Due diligence Mortgages Equity Loans 473

Housing Wire

DECEMBER 3, 2023

Mortgage holders withdrew a mere 0.41% of tappable equity in Q3, about 55% below the average withdrawal rate seen in the 12 years leading up to the Federal Reserve ’s most recent tightening cycle, according to the latest ICE Mortgage Technology ‘s mortgage monitor report.

Equity 458

Equity VA loan FHA loan Mortgages 458

Realty Biz

MAY 25, 2023

Chatbot technology offers numerous benefits to real estate agents, revolutionizing their operations and enhancing their interactions with clients. Mortgage and Financing Assistance: Chatbots can assist clients in calculating mortgage affordability, estimating monthly payments, and explaining financing options.

Technology 77

Technology Agents Pre-qualification Finance 77

Housing Wire

APRIL 4, 2023

It is a key missing piece of ICE’s tech stack,” Ryan Tomasello , managing director of Keefe, Bruyette & Woods , said during a session at the Mortgage Bankers Association Technology Solutions Conference & Expo on Tuesday. which was done in an effort to overcome antitrust concerns.

Purchase and sale agreement 371

Purchase and sale agreement Loans Technology Mortgages 371

Housing Wire

SEPTEMBER 28, 2023

FTC sued ICE earlier this year alleging the two top mortgage technology providers would drive up costs, reduce innovation and limit lenders’ choices for mortgage origination tools. Under the agreement between the FTC and the two mortgage tech providers, ICE completed the sale of Black Knight’s Optimal Blue and Empower in September.

Loans 406

Loans Technology Mortgages Development 406

Housing Wire

APRIL 27, 2021

Better, faster, cheaper has long been the promise of technology in the mortgage industry. Some may argue whether today’s technology is that much better than the tools we used in the past, particularly in the servicing business where many still use platforms designed and first built decades ago. Tripping over our own technology.

Mortgages 425

Mortgages Technology Loans Closing 425

Housing Wire

FEBRUARY 1, 2024

A top executive at NewRez told HousingWire that the goal is to “flatten” the organization and better align the distributed retail division with other sales forces to capture servicing business. NewRez declined to comment on recent M&A rumors , but an executive said its retail platform is not for sale.

Loan Officer 426

Loan Officer Loans Mortgages Banks 426