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%
Housing Wire
DECEMBER 5, 2023
As a result, lenders aim to include reliable mortgages in their securities and have technology to assess credit risk, detect fraud, and monitor performance — in order to avoid forced buybacks or losses for investors that diminish market confidence. This helps attract ongoing investment capital into the housing sector.
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Housing Wire
APRIL 1, 2024
In return, Hometap gets an agreed-upon percentage of the sale price or appraised value within a 10-year period. In addition to that, conventional underwriting does not serve the new-age economy such as gig workers, so you are seeing this demand for alternative financing. “And And that has already started to happen,” Craft said.
Housing Wire
MARCH 18, 2022
Veteran mortgage executive Bill Dallas has left his position as president of Finance of America Mortgage amid larger changes to the Texas-based nonbank lender’s C-Suite and business lines. His exit was first reported by Inside Mortgage Finance. Presented by: Finance of America. Last year, the lender funded $35.6
Housing Wire
FEBRUARY 8, 2024
E-signature company DocuSign laid off 6% of its workforce, or about 400 employees, following reports that the fintech company’s talks in exploring a sale have stalled. A majority of the impacted positions came from the company’s sales and marketing organizations, the company said. DocuSign had 7,336 employees at the end of 2023.
Housing Wire
MAY 21, 2024
In his new role, Shuler will focus on Planet’s technological growth and enhancements to its operational efficiency. “My My goal is to execute a technological strategy that not only streamlines business processes but enhances security and customer experience while reducing costs and aligning with industry standards.”
Housing Wire
JULY 25, 2023
F2 Finance wants to scoop up a share of a “fragmented” fix-and-flip market as a lack of housing inventory sharply limits transactions. just to give an idea of how fragmented it is in terms of the lender,” Christian Faes, founder of F2 Finance, said in an interview with HousingWire.
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