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. “We

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Equity Investor Technology Residential 384

Housing Wire

OCTOBER 31, 2022

Her role will focus on technology to drive the company’s growth. “She has a proven track record of leading sales-centric technology teams and delivering with speed to market,” he added. “She has a proven track record of leading sales-centric technology teams and delivering with speed to market,” he added.

Loan Officer 358

Loan Officer Mortgages Loans Technology 358

Housing Wire

MAY 1, 2024

We are advantaged primarily because we are a product and technology company first.” Zillow’s residential revenue, which still makes up the vast majority of the company’s revenue, also posted an increase, rising 9% on a yearly basis to $393 million. As such, Barton said he is confident that Zillow will benefit from this evolution. “We

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Industrial Technology Agents Finance 363

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.

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Marketing Technology Residential Agents 351

Housing Wire

JANUARY 12, 2024

The value of all residential real estate worldwide is approximately $200 trillion. The numbers are staggering so it is no surprise that residential proptech is a heady market, capturing the imagination of entrepreneurs and institutions alike. Of this, the U.S. accounts for approximately 23%. Every year, transaction volume in the U.S.

Finance 373

Finance Principal Residential Development 373

Housing Wire

APRIL 4, 2022

SitusAMC on Monday announced the launch of its Warehouse Administration Services, “a comprehensive suite of technology-enabled turnkey services” that it says will help warehouse lenders reduce costs by as much as 30%, according to a company-issued news release. What are the building blocks of digital lending? Presented by: Wolters Kluwer.

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Lending Technology Commercial Finance 344

Housing Wire

SEPTEMBER 29, 2021

recently unveiled a hint of how 21 st century technology is about to transform the opaque process of securitizing residential mortgages in the non-agency space — via the use of blockchain technology. Redwood Trust Inc.

Residential 325

Residential Technology Loans Finance 325

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.

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Technology Due diligence Title Marketing 145

Housing Wire

APRIL 13, 2022

Despite advances in technology, the mortgage industry still lacks efficiency. Mortgage executives are aware of a problem: despite billions of dollars in technology investments , the mortgage industry still largely looks like it did two decades ago. He added: “We have a tremendous amount of proprietary technology being built.

Mortgages 387

Mortgages Banks Technology Finance 387

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 market map real estate technology companies operating across every phase of the home purchase value chain. Expanding access to home financing options.

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Technology Marketing Purchase and sale agreement Equity 136

Housing Wire

APRIL 19, 2022

Those new investments include venture capital plays, particularly in the financial-technology arena. Abate described technology as being key to “building efficiencies” to accomplish the real estate investment trust’s goals. Redwood is not backing away from its venture capital pursuits.

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Equity Technology Investor Residential 361

Housing Wire

MARCH 21, 2024

Mike Fratantoni , the chief economist and senior vice president of research and industry technology at the Mortgage Bankers Association (MBA), addressed three major challenges in the housing market during testimony before the U.S. House of Representatives ‘ Financial Services Subcommittee on Housing and Insurance.

Industrial 330

Industrial Banks Residential Lending 330

Realty Biz

JANUARY 8, 2023

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. Here’s what’s on the horizon for 2023 when it comes to the real estate technology trends that are expected to be big news in the coming year.

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Technology Development Land Finance 99

Housing Wire

OCTOBER 4, 2022

Built Technologies. Chief Technology Officer. Senior Executive Vice President, President of Residential Servicing and Correspondent Lending. Housing Finance Strategies. SRE Technologies. Finance of America Mortgage. Chief Technology Officer. ICE Mortgage Technology. Consolidated Analytics.

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Lending Technology Finance Mortgages 400

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). billion have been completed involving HELOCs as collateral.

Equity 373

Equity Marketing Fixed-rate mortgage Finance 373

Housing Wire

JANUARY 25, 2024

From at least August 29, 2022 to December 2, 2022, individuals who were not licensed as loan officers (LOs) in Connecticut acted as LOs by taking residential mortgage loan applications , soliciting Connecticut borrowers for mortgages and offering or negotiating terms of mortgages, according to the order issued earlier this month.

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Loan Officer Loans Banks Title 357

Housing Wire

MARCH 9, 2023

residential real estate mortgages, would not confirm nor deny the rumors. “We We continue to research options that would lead to cost reductions in a safe and sound manner and help borrowers save money as part of our Equitable Housing Finance Plan. Fannie Mae, which currently backs almost $4.1 trillion in U.S.

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Title Closing costs Finance Land 395

Housing Wire

JULY 19, 2022

billion five years ago, per the Federal Housing Finance Agency — closing a mortgage loan has since gotten more expensive, not less. The FHFA this week launched a new Office of Financial Technology, which it said will be the main point of contact for fintech matters. billion in 2021, up from $0.4

Mortgages 364

Mortgages Finance Loans Technology 364

Housing Wire

MARCH 20, 2024

Ally Home , the residential mortgage lending arm of Ally Bank , is offering a $5,000 grant for eligible homebuyers in the select markets of Charlotte, Detroit and Philadelphia, the company announced on Tuesday. The upfront lump sum can be applied toward a down payment, closing costs or other expenses related to the homebuying process.

Banks 368

Banks Closing costs Lending Equity 368

Real Trends

NOVEMBER 8, 2022

Looking to the year ahead as interest rates continue to climb, agents have no choice but to let go of an attachment to legacy business practices, lean into technology for increased business and consider how to expand their capabilities to serve even more clients. Stuart Sim is head of industry development at Chime Technologies.

Technology 112

Technology Agents Property Management Brokerage 112

Housing Wire

APRIL 22, 2024

Tager focused more on the marketing implications, how his company has used generative AI to create marketing initiatives and shared thoughts on what the development of the technology could mean for the space overall. “We That’s certainly not a universal outcome, but it does communicate what the technology can do.

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Technology Brokerage Agents Development 378

Housing Wire

MAY 11, 2022

Staying nimble in a fast-paced market with the right mortgage technology. In the rapid-fire, volatile mortgage marketplace, lenders need technologies to help them remain nimble and successfully navigate constant change. Caliber, acquired by the real estate investment trust New Residential Investment Corp.

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Loans Technology Mortgages Residential 382

Housing Wire

FEBRUARY 4, 2021

It will be financed through a combination of committed equity financing provided by funds managed by Stone Point Capital and Insight Partners, as well as committed debt financing provided by JPMorgan Securities. Strategies lenders should adopt from direct to consumer lending. “At

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Lending Equity Investor Finance 435

Housing Wire

FEBRUARY 14, 2024

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. Academy’s loan production represents an approximate 25% increase in annual origination volume, according to Guild estimates of third-quarter 2023 volumes.

Mortgages 410

Mortgages Loan Officer Loans Closing 410

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 361

Seller concession Mortgages Loans Finance 361

Housing Wire

SEPTEMBER 8, 2022

Effective natural language processing technologies extract deeper meaning from unstructured data to make a difference in the lives of countless would-be homebuyers who are credit invisible or have not had the ability to obtain access to affordable housing finance. Presented by: FormFree.

Lending 380

Lending Mortgages Residential Finance 380

Housing Wire

AUGUST 8, 2022

Chief Operating Officer Rob Lux was named co-CEO for operations, technology, business development, client management, human resources, and legal. Meanwhile, Jim Daras, who will also serve as president, will be the co-CEO for banking, capital markets, finance and risk activities. Applegate also served on the Fannie Mae Advisory Board.

Banks 343

Banks Finance Mortgages Residential 343

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. The financing for the initial deal was handled through a cryptocurrency lender called Helio Lending.

Due diligence 444

Due diligence Mortgages Equity Loans 444

Housing Wire

SEPTEMBER 29, 2021

Even though it’s rare that housing finance is listed on someone’s career aspirations when leaving high school, it doesn’t mean that the people who are in this space are any less passionate about what they do. To read the other two Q&As in the magazine, go here. This content is exclusively for HW+ members.

Mortgages 357

Mortgages Lending Residential Finance 357

Housing Wire

AUGUST 12, 2022

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. The parent company of New Residential Mortgage, Caliber Home Loans and NewRez — New Residential Investment — earlier this summer was rebranded as Rithm Capital.).

Loans 381

Loans Purchase and sale agreement Principal Due diligence 381

Housing Wire

JANUARY 9, 2024

An estimated $54 billion in equity withdrawals were forgone in Q3 [2023] as rising interest rates increased the cost of equity utilization,” said ICE Mortgage Technology Vice President of Enterprise Research Andy Walden in the company’s December 2023 Mortgage Monitor report. We’re really looking at rates [in 2024] staying above 6.5%

Equity 443

Equity Lending Banks Loans 443

Housing Wire

SEPTEMBER 22, 2021

Sandra Madigan, digital product director, enterprise product strategy, servicing technologies at Black Knight. Even though it’s rare that housing finance is listed on someone’s career aspirations when leaving high school, it doesn’t mean that the people who are in this space are any less passionate about what they do.

Industrial 283

Industrial Mortgages Lending Technology 283

Housing Wire

NOVEMBER 10, 2022

Through the first nine months of 2022, Movement funded just under $20 billion in residential mortgages, down 23% year-over-year, according to data from Inside Mortgage Finance. Her role will focus on technology to drive the company’s growth. In October, the company added Lyra Waggoner as its chief information officer.

Mortgages 370

Mortgages Loan Officer Loans Residential 370

Housing Wire

SEPTEMBER 21, 2023

(ICE) and investment research firm Delta Terra Capital announced a partnership to offer climate-adjusted credit risk analytics for residential and commercial mortgage-backed securities (MBS). Our climate risk data can help inform investment decisions of U.S. municipalities, MBS pools, and related fixed income securities.

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Investor Commercial Residential Finance 231

GeekEstate

AUGUST 25, 2020

Today we’re releasing an updated version of our commercial real estate technology market map. This market map includes more than 220 technology companies operating across every aspect of commercial real estate, and range from seed stage businesses to public companies. [Note from the editor: Originally published on Thomvest’s Blog ].

Commercial 101

Commercial Technology Marketing Residential 101

Housing Wire

SEPTEMBER 15, 2020

Real estate services and technology firm SitusAMC just acquired the parent company of compliance technology provider ComplianceEase , the latest in a series of mergers and acquisitions that are shaking up the mortgage tech space in the last year. Terms of the deal were not disclosed.

Mortgages 273

Mortgages Technology Loans Residential 273

Housing Wire

SEPTEMBER 9, 2021

Dave Sheeler, president of residential servicing and correspondent lending at Freedom Mortgage. Even though it’s rare that housing finance is listed on someone’s career aspirations when leaving high school, it doesn’t mean that the people who are in this space are any less passionate about what they do.

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Industrial Mortgages Lending Residential 348