Housing Wire

OCTOBER 23, 2023

While the mortgage delinquency rate remains low compared to pre-pandemic levels , the number of delinquent loans ticked up in September, according to the ICE Mortgage Monitor report. Meanwhile, early-stage delinquencies (30 and 60 days past due) continued to increase. However, the rate of serious delinquencies remains 6.7%

Mortgages 446

Mortgages Staging Loans Sales 446

Housing Wire

SEPTEMBER 11, 2023

The mortgage industry has witnessed its fair share of tribulations and transformations, but its response to those challenges and changes is often a tale of reactiveness. Lenders often rely on their post-closing QC process to identify and rectify loan quality and/or compliance issues. I would never go back. It’s life changing.”

Mortgages 405

Mortgages Loans Lending Industrial 405

Housing Wire

APRIL 10, 2023

In December, HousingWire spoke to Flueid about the concept of instant title and why it is a misnomer for mortgage lenders. HousingWire: HousingWire recently spoke to Flueid about the concept of instant title and why it’s a misnomer for mortgage lenders.

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Title Loans Equity Title search 373

Housing Wire

JULY 31, 2022

As the world races towards increased digitization, mortgage professionals are striving to keep up with the demand for convenient lending solutions that allow borrowers to navigate the process from the comfort of their own homes. Rich Gagliano, President, Origination Technologies.

Technology 375

Technology Loans Closing Lending 375

Housing Wire

FEBRUARY 20, 2024

“Most technologies are not architected to do a million loans every five minutes.” “Most technologies are not architected to do a million loans every five minutes.” ” Ardley can help servicers with retention strategies and find new deals within their portfolio.

Technology 393

Technology Loans Staging Equity 393

Housing Wire

OCTOBER 4, 2023

The new partnership will allow lenders who use the Revvin platform to automatically verify any borrower at any point of the loan application process, according to a news release. Income verification technology is typically used for the loan origination process.

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Sales Lending Technology Staging 396

Housing Wire

APRIL 18, 2023

While a mortgage business’ battle against margin compression is seemingly endless, that fight is less noticeable in times of surging revenue. The decline in mortgage volume, along with increasing rates and uncertainty about the months ahead, have amounted to a scramble for revenue and a continual push to reduce expenses.

Mortgages 370

Mortgages Technology Closing costs Title 370

Housing Wire

JULY 18, 2022

Servicers’ forbearance portfolio volume trended downward in June but declined at a much slower pace than earlier this year, according to the Mortgage Bankers Association (MBA). The total number of loans in forbearance decreased by 4 basis points to 0.81% of servicers’ portfolio volume in June from May , per data from the MBA.

Mortgages 393

Mortgages Loans Lending Staging 393

Housing Wire

JUNE 16, 2023

SimpleNexus , a homeownership platform developer for loan officers, borrowers, real estate agents, and settlement agents, announced this week a new integration with Empower, the loan origination system (LOS) from Black Knight. ” SimpleNexus , an nCino company, is a developer of mobile-first technology for mortgage lenders. “We

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Loan Officer Technology Loans Banks 367

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. The panel noted the findings of the latest Fannie Mae mortgage lender sentiment survey.

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Due diligence Lending Technology Mortgages 445

Housing Wire

FEBRUARY 28, 2022

Maintaining and deepening relationships with borrowers is important for lenders, but it takes valuable time away from other business efforts for mortgage organizations. Black Knight’s Surefire CRM and Mortgage Marketing Engine helps mortgage professionals win new business, drive repeat business and gain referral business.

Marketing 371

Marketing Mortgages Branding Lending 371

Housing Wire

JANUARY 31, 2021

Mortgage servicers are staying busy. Even before the coronavirus pandemic, some servicers struggled to streamline the loan processes — especially when dealing with properties with higher valuation fees, operational costs, and longer loan processing times.

Loans 270

Loans Technology Development Inspection 270

Housing Wire

AUGUST 1, 2023

Stavvy , a fintech company specializing in digital and remote collaboration for lending and real estate companies, acquired Brace , a digital mortgage servicing platform. Founded in 2018 , Stavvy works to increase efficiency and transparency in real estate and mortgage lending. Terms of the deal were not announced.

Lending 366

Lending Title Technology Staging 366

Housing Wire

APRIL 3, 2024

the parent company of top five reverse mortgage lender Liberty Reverse Mortgage and PHH Mortgage Corp. The only entity to be immediately impacted in the initial rebranding stage is Ocwen itself, but a version of the new name is expected to roll out to both Liberty and PHH at some point in 2024. Ocwen Financial Corp.,

Branding 371

Branding Mortgages Staging Equity 371

Housing Wire

DECEMBER 22, 2023

The firm announced Thursday that MyHome , a WFG subsidiary, has acquired technology and marketing services provider Volly. Since inception, both WFG and MyHome have been dedicated to providing transparency and empowerment to all mortgage transaction participants,” Steve Ozonian , the CEO and president of WFG, said in a statement.

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Title Staging Technology Banks 419

Housing Wire

APRIL 1, 2024

Today’s unique market requires flexibility and a pricing engine that empowers lenders and their loan officers to put the right loan products in front of borrowers. Those lenders – and their loan officers – are then operating at an incredible disadvantage. HousingWire: You specifically call out the loan officer.

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Loan Officer Loans Technology Investor 414

Housing Wire

DECEMBER 12, 2022

HousingWire recently spoke with Matt Regan, EVP of Transaction Management Systems at Flueid , about the need to redefine “instant title” to focus on adding value to loan evaluation and decision-making rather than just delivering the title commitment faster. With that in mind, imagine you are reviewing a loan application.

Title 384

Title Mortgages Loans Loan Officer 384

Housing Wire

JUNE 7, 2022

From mortgage origination to servicing, companies are constantly grappling with high volume and stringent regulatory oversight while managing a large cohort of vendor partners. Smaller mortgage originators often deal with this problem by throwing more people at it. Two data degrees of separation.

Lending 341

Lending Mortgages HR Title 341

Housing Wire

DECEMBER 1, 2020

This marks the second round of startups to participate in the program since its launch in September 2019 – originally as an initiative by Flagstar to guide late-stage mortgage tech startups in an effort to evaluate the viability of future investments and partnerships. Presented by: Total Expert. in 2010 and 2011.

Banks 294

Banks Mortgages Lending Technology 294

Housing Wire

NOVEMBER 22, 2023

While foreclosure completions remained relatively flat in October, foreclosure starts rose to 33,000, hitting their highest level in 18 months, according to the ICE Mortgage Monitor report. In October, there were 217,000 loans in active foreclosure , up 3,000 since September. However, this remains 25% under the pre-pandemic levels.

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Staging Loans Mortgages Finance 396

Housing Wire

OCTOBER 27, 2022

Neville said he is leaving LoanLogics, a data-driven mortgage audit, income calculation and loan quality software provider, in the “capable hands” of Parker. His professional career spans three decades and roles in companies of varying growth stages, with leadership positions at Fiserv, CoreLogic and Wells Fargo Home Mortgage.

Technology 369

Technology Loans Mortgages Lending 369

Housing Wire

JUNE 20, 2023

Most of the 51 entries dedicated to HUD are in the “proposed rule stage,” the second of five stages involved in the process prior to full implementation and actual regulatory authority. An initial notice on this proposal is expected this month.

Staging 363

Staging Equity Loans Mortgages 363

Housing Wire

MARCH 15, 2021

Josh Friend : Amid this global pandemic, mortgage rates have been at historically low levels, borrower demand has increased, refi’s have broken records and lenders have had to shift in many instances to a remote workforce. Retail lenders originate loans through their in-person retail branches. According to the J.D.

Lending 393

Lending Mortgages Loan Officer Loans 393

Housing Wire

DECEMBER 22, 2023

My goal with my career in mortgage is to help bridge the generational gap between mortgage professionals and next-generation borrowers. 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 424

Branding Technology Finance Industrial 424

Housing Wire

JULY 31, 2022

The Closing Exchange (TCX) partners with its clients to configure solutions to support their workflow at every stage of their digital evolution. CXChoice is an integrated SaaS technology and production platform used to assign notaries to each order, based upon criteria set by the client.

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Closing Title Technology Staging 360

Housing Wire

SEPTEMBER 16, 2020

A well-qualified buyer these days can find a mortgage at historically low interest rates. But that’s not good enough for United Wholesale Mortgage CEO Mat Ishbia. Let’s start with the recent 30-year fixed rate cash-out refinance, which was introduced last week on conventional loans, with rates between 2.5%

Mortgages 457

Mortgages Marketing Title Loans 457

Housing Wire

MAY 5, 2022

billion mega-deal announced on Wednesday to acquire Black Knight will not harm competition in the mortgage tech solutions market. And once it happens, what will be the consequences for mortgage lenders and servicers? The company provides servicing software for 36 million active first and second lien mortgage loans.

Loans 393

Loans Mortgages Technology Closing 393

Housing Wire

NOVEMBER 24, 2021

From injecting technology into the mortgage process to redefining the real estate agent and home shopper relationship, these leaders have laid the foundations for millions of homeowners. The first one is Jonathan Corr, who was the executive that hired me at Ellie Mae and brought me into the mortgage business. Technology.

Mortgages 365

Mortgages Technology Industrial Development 365

Housing Wire

OCTOBER 11, 2022

The mortgage industry needs to face the facts: today’s approach to lead generation is broken. For decades, mortgage lenders have relied on purchased lead lists to ferry in loan revenue. Unfortunately, purchased leads are expensive, and their lofty price tag does not guarantee they will convert to closed loans.

Staging 374

Staging Loans Mortgages Sales 374

Housing Wire

MAY 26, 2021

If you have any mortgage servicing rights you’re looking to offload, you may want to give Ocwen Financial a call. A few weeks after striking a deal to buy $14 billion of mortgage servicing rights from Texas Capital Bank , a subsidiary of Ocwen has agreed to buy $48.3 billion of conventional MSR from AmeriHome Mortgage.

Purchase and sale agreement 393

Purchase and sale agreement Banks Lending Loans 393

Housing Wire

SEPTEMBER 30, 2020

Technology has made many aspects of day-to-day life more seamless than ever, with instant, easy and personalized consumer experiences; however, lending is still difficult. The Origence Mortgage Platform is an end-to-end lending platform that puts the power of modern technology in lenders’ hands, enabling them to close more loans, faster.

Lending 198

Lending Mortgages Technology Loan Officer 198

Housing Wire

MARCH 23, 2021

After eight consecutive months of improvement, the national mortgage delinquency rate rose in February from to 6% from 5.85%, according to a report from Black Knight on Tuesday. Mortgage Tech Demo Day. Tune in April 6 to experience demos from the most innovative loan origination and valuation tech companies in the industry.

Loans 448

Loans Staging Mortgages Industrial 448

Housing Wire

OCTOBER 15, 2021

The latest tech, coined Roostify Document Intelligence (RDI) Service, will use AI to classify, validate and extract data from mortgage-related documents. “That ease of integration at every stage, and the ability to carry extracted information forward throughout the entire process really sets it apart.

Lending 356

Lending Staging Banks Equity 356

Housing Wire

DECEMBER 6, 2022

Hispanic Americans represent a fast expanding segment of borrowers with an increasing number seeking home loans and homeownership. Even with the introduction of more digital tools to provide home buyers with a technology-enabled user experience, Spanish-speaking borrowers often encounter obstacles to homeownership during the lending process.

Lending 382

Lending Loans Land Mortgages 382

Housing Wire

APRIL 25, 2023

The goal of Asset Analysis is to automate the labor-intensive process of reviewing assets and multiple bank statements during underwriting to determine the likelihood that the borrower will have sufficient funds to cover down payments, closing costs, and reserves for the mortgage transaction.

Lending 363

Lending Banks Loan Officer Loans 363

Housing Wire

AUGUST 31, 2020

This year’s low rates have led to high loan volumes, and lenders overwhelmed with applications are looking for the best way to handle the increased workload. Lenders need to be able to grow their business in a way that is not linear and is not tied to the market cycles – leveraging automation technology can help.

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Lending Technology Loans Loan Officer 404

Housing Wire

JULY 25, 2023

There’s about 8,500 fix-and-flip mortgage lenders in the U.S. Faes & Co has also been involved with building a short-term mortgage lender in Ireland. Faes’ career in mortgage lending goes back to 2008 when he co-founded non-bank mortgage lender LendInvest , which was listed on the London Stock Exchange in 2021.

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Finance Marketing Lending Loans 368