Housing Wire

JANUARY 11, 2023

In its 3rd year, the HW Finance Leaders award is celebrating the industry’s top finance executives who have muscled through another unprecedented year in housing and helped their organizations come out on top. So what does it take to be among the HW Finance Leaders? Click here before the January 27th deadline!

Finance 332

Finance Banks Brokerage Closing 332

Housing Wire

SEPTEMBER 18, 2023

Dark Matter Technologies , formerly Black Knight Origination Technologies, is focused on mainly two things: the smooth transition to new owners, and lowering the cost to originate loans for lenders. So it’s really the same story, just different markets,” Gagliano said. What opportunities did the firm see?

Technology 453

Technology Mortgages Bankruptcy Industrial 453

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. What’s the role of tech as lenders play the long game in this market?

Technology 337

Technology Mortgages Loans Industrial 337

Housing Wire

MAY 7, 2024

Recent data from Inside Mortgage Finance shows a significant leap in broker market share, jumping to 24.3% The broker model is not just surviving but thriving and will continue to gain market share in the lending landscape. in Q4 2023, the highest number we’ve seen since 2009. The big question is, what caused this increase?

Industrial 420

Industrial Loan Officer Marketing Loans 420

Housing Wire

MARCH 12, 2024

nonbank mortgage lenders continue to gain market share as the industry consolidates and a number of smaller players exit the space due to a lack of strong franchises to retain sufficient volume, Fitch Ratings reported Tuesday. billion in purchase originations in 2023, up 4% from 2022 and good for a market share of nearly 8%.

Mortgages 428

Mortgages Marketing Lending Banks 428

Housing Wire

FEBRUARY 2, 2023

Intercontinental Exchange (ICE) Mortgage Technology reported operating income of $57 million in 2022, down from last year’s $397 million — a reflection of the headwinds the mortgage industry is facing. The mortgage technology division at ICE posted $249 million in total revenue in the fourth quarter, down 9.8%

Technology 341

Technology Sales Mortgages Lending 341

Housing Wire

MARCH 4, 2022

California-based nonbank lender Carrington Mortgage Services has invested in boosting the growth of its wholesale channel, with the latest announcements including a new loan processing technology and plans to increase the sales team. The technology is available only for full-doc government and non-QM loans.

Technology 332

Technology Loans Loan Officer Mortgages 332

Housing Wire

MARCH 23, 2022

Nominations for HousingWire’s Marketing Leaders award are now open through Friday, March 25, 2022. Marketers and loan officers need to be prepared for a longer lead-nurture timeline today than the refi market frenzy we experienced the last two years,” said Jim Anderson, chief marketing officer at Finance of America Mortgage.

Finance 262

Finance Loan Officer Loans Lending 262

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. It sets up a domino effect [for market activity].”

Equity 377

Equity Purchase and sale agreement Marketing Lending 377

Housing Wire

APRIL 20, 2021

The public response to the recent Federal Housing Finance Agency (FHFA) Request for Information on appraisal-related issues was significant, with 164 unique written comments. These entities make many other comments about technology, workforce options, modernization and the need for change. ” The Value of the Human Appraiser.

Technology 390

Technology Due diligence Lending Industrial 390

Housing Wire

NOVEMBER 8, 2021

Kathryn Amor, chief product officer at Finance of America Companies, spoke during the event’s mortgage purchase market panel about what Finance of America Reverse (FAR) beings to the table for the larger parent company. Reverse mortgages and the purchase market. Kathryn Amor. “We

Finance 306

Finance Mortgages Lending Equity 306

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 335

Marketing Technology Residential Agents 335

Housing Wire

APRIL 30, 2024

Nominations for HousingWire’s 2024 Marketing Leaders Leaders award are open now through April 30th, 2024. Savvy marketing leaders like Coleen Bogle, CMO at New Jersey-based mortgage lender The Money Store have become critical to the industry. Click here to nominate someone.

Loan Officer 409

Loan Officer Technology Loans Finance 409

Housing Wire

MARCH 25, 2021

The Mortgage Collaborative announced today the first investment of its recently launched TMC Emerging Technology Fund LP, or TMC Fund. The venture capital program is funded by a self-selected segment of TMC members to capture opportunities driven by the rapid pace of technological change in the mortgage sector.

Technology 307

Technology Mortgages Commercial Finance 307

Housing Wire

MARCH 21, 2024

Redfin is expanding an agent compensation plan it launched last year by adding seven new markets starting in May, the national real estate brokerage announced Thursday. Beginning May 5, Redfin Next will be available in seven markets outside the Golden State —including Chicago, Connecticut, Dallas, Miami, New York City, Washington, D.C.,

Agents 365

Agents Marketing Brokerage Technology 365

Housing Wire

MAY 23, 2024

.” Knag has an extensive resume, having served in several financial leadership roles in the media, telecommunications, technology and finance sectors. James Grout, Offerpad’s senior vice president of finance, had been serving as the firm’s interim principal financial officer. million.

Principal 320

Principal Finance Banks Technology 320

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 is the third update to the market map and includes over 100 additional companies — a testament to the pace of entrepreneurship in this segment.

Technology 135

Technology Marketing Purchase and sale agreement Equity 135

Housing Wire

DECEMBER 7, 2021

If there’s anything that lenders and borrowers have learned from the current purchase market it’s that speed and efficiency are key to a smooth closing. HousingWire sat down with Zitin to discuss how technology is impacting the future of the appraisal process and what’s to come for appraisal fulfillment in 2022.

Marketing 465

Marketing Technology Loans Closing 465

Housing Wire

AUGUST 10, 2021

Purchase mortgages rose to 51% of closed mortgages in June, up from 47% in May, according to the latest origination report from ICE Mortgage Technology (formerly Ellie Mae). In mid-July, the Federal Housing Finance Agency rolled back the adverse market fee , which had added 50 basis points to most refinanced mortgages.

Mortgages 391

Mortgages Fixed-rate mortgage Marketing Lending 391

Housing Wire

APRIL 24, 2024

Figure Technology Solutions , the parent company of Figure Lending LLC , named Michael Tannenbaum as its new CEO, the company announced on Tuesday. Tannenbaum boasts more than 15 years of experience in financial technology and financial services. Tannenbaum will also be a member of the board of directors.

Lending 331

Lending Technology Design Finance 331

Housing Wire

JUNE 30, 2021

Now, the focus is on the hot purchase market, and brokers are looking for solutions outside the conventional conforming product box to assist their client base. 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.

Finance 281

Finance Lending Loans Technology 281

Housing Wire

MAY 7, 2024

Las Vegas -based housing technology startup BOXABL on Tuesday announced that it has received approval to begin selling a factory-built accessory dwelling unit (ADU) in California , which could provide more options in a state strapped for affordable housing options. But some experts believe that financing options for ADUs need to be expanded.

Construction 370

Construction Finance Design Technology 370

Housing Wire

SEPTEMBER 22, 2022

New York-based Unlock Technologies , a fintech operating in the shared-equity market, and real estate investment firm Saluda Grade , have closed a $180 million private-label securitization (PLS) backed entirely by Unlock-originated residential home-equity agreements (HEAs). One of those deals made its way to the market this year.

Equity 360

Equity Marketing Fixed-rate mortgage Finance 360

Housing Wire

JUNE 5, 2024

Top mortgage technology executives say their companies are embracing artificial intelligence (AI) in their operations but still relying on human decision-making to sell loans. ” Jason Bressler, executive vice president and chief technology officer at United Wholesale Mortgage (UWM), said. People who use AI will replace your job.”

Mortgages 309

Mortgages Loan Officer Technology Loans 309

Housing Wire

APRIL 14, 2022

Then, the mortgage industry showed why it is called a cyclical business: in the second half of 2021, the Federal Reserve signaled an increase in interest rates and an easing of the purchase of mortgage-backed securities, choking the refi market. “We know that the mortgage industry is about boom and bust,” said Woodward. “It

Mortgages 516

Mortgages Marketing Lending Loans 516

Housing Wire

MAY 16, 2024

Digital closing provider Snapdocs is partnering with real estate technology provider SitusAMC to integrate the Snapdocs eVault to SitusAMC’s ProMerit platform, a warehouse lending technology tool, the companies announced on Thursday. market share, according to estimates from Inside Mortgage Finance (IMF).

Lending 319

Lending Banks Technology Finance 319

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. Portico Direct explains that the whole process of financing real estate is often filled with frustration with all kinds of credit, income, and identity checks.

Technology 145

Technology Due diligence Title Marketing 145

Housing Wire

FEBRUARY 28, 2022

Black Knight’s Surefire CRM and Mortgage Marketing Engine helps mortgage professionals win new business, drive repeat business and gain referral business. Surefire’s comprehensive marketing automation and content means organizations no longer need to patch multiple, disparate systems together to manage emails, texts and forms.

Marketing 310

Marketing Mortgages Branding Lending 310

Housing Wire

NOVEMBER 2, 2023

The highly competitive purchase market and bidding wars gave rise to power buyer models to help non cash buyers compete. There were historic amounts of investment and funding , and for some traditional housing finance models, real fears of being disrupted. That is until interest rates tripled in the course of nine months, of course.

Purchase and sale agreement 318

Purchase and sale agreement Marketing Equity Finance 318

Housing Wire

MARCH 28, 2024

Better Home & Finance Holding Co. , the parent of digital lender Better.com , narrowed its net loss between the third and fourth quarters of 2023 by more than 80%, driven by expense cuts to its platform and marketing efforts. Going forward, Better is focused on driving market share and reaching profitability in the medium term.

Loan Officer 372

Loan Officer VA loan Loans Technology 372

Housing Wire

JULY 1, 2021

If there’s one common characteristic that HousingWire saw the brightest marketing leaders and minds in the housing industry wield last year , it was being agile. When the world shifted to work from home , marketers stepped in with new messaging and strategic campaigns to reach their target audience. SVP, Marketing.

Marketing 348

Marketing Title Lending Branding 348

Housing Wire

MAY 30, 2024

No one else compares when it comes to brand recognition and tools to market our clients’ homes. He pioneered a comprehensive team approach in real estate, incorporating a transaction coordinator, financing professional and buyer agents to provide full service to a broader clientele. said in a statement. DelRose Sr. DelRose Sr.

Brokerage 386

Brokerage Residential Commercial Development 386

Realty Biz

SEPTEMBER 18, 2023

The integration of technology in the real estate sector, often referred to as "PropTech" (Property Technology), represents a profound shift in how real estate is bought, sold, and managed. The infusion of technology has streamlined processes, improved efficiencies, and enhanced user experiences across multiple facets of the industry.

Technology 103

Technology Property Management Staging Industrial 103

Housing Wire

JUNE 6, 2024

The SQ represents Moody’s view of a servicer’s ability to prevent or mitigate asset-pool losses across changing markets. Moody’s rating is confirmation that our emphasis on continuous improvement ensures the ongoing quality of our service and the supportive technology we’ve built to achieve our mission.”

Mortgages 303

Mortgages Investor Equity Finance 303

Housing Wire

DECEMBER 22, 2023

Entering the real estate finance world in the summer of 2022 as a 23-year-old, I immediately felt like a fish out of water. For Gen Z, technology is second nature Gen Z is considered those who were born between 1997 and 2012 — today, members of Gen Z are between 11 and 26 years old.

Branding 414

Branding Technology Finance Industrial 414

Housing Wire

DECEMBER 11, 2023

After a successful launch of its new agent pay structure in Los Angeles and San Francisco in late October, Redfin announced Monday that it was expanding the new pay structure to its San Diego and Orange County markets. Redfin agents in all other markets will continue existing under the firm’s existing pay plan.

Marketing 382

Marketing Brokerage Agents Technology 382

Housing Wire

MARCH 8, 2024

The market for home equity investment is still small, with the estimated investment volume from players in the market to be around $2 billion and $3 billion. With continued demand for home equity investment from homeowners, Burnett is confident that the market is poised for growth in the decade ahead. How big is it?

Equity 317

Equity Marketing Investor Loans 317