BAM Media

JULY 16, 2025

Available now on select Zillow Showcase listings, SkyTour is powered by Gaussian splatting, a rendering technology used in gaming and virtual production. New this summer: Users can now compare two critical figures: 1) target price based on their desired monthly payment, and 2) maximum home price based on loan qualification.

Pre-qualification

Marco Santarelli

JANUARY 26, 2025

The Federal Reserve's first meeting of the year is not anticipated to lead to drastic changes in the rates, providing reassurance for potential homebuyers and those looking to refinance loans. for 30-year fixed loans. Loan Type Current Rate (%) Change from Last Week 30-Year Fixed 6.9 – 7.1 27 – Feb.

Mortgages

AAOA

JUNE 23, 2025

Use technology, such as live video tours, e-signing apps, and virtual conference software, to your advantage. Have your loan or financing options in order before starting your property search so you’re working with a realistic investment budget and can shop accordingly. You may need to make an offer the same day. Secure your financing.

Investor

Housing Wire

APRIL 21, 2025

Mortgage technology platform Prudent AI on Monday announced the promotion of Paul Gigliotti to the role of chief growth officer. Our AI-powered platform transforms frustrating, manual processes into streamlined, accurate assessments reducing loan pre-approval times from hours to minutes while delivering exceptional precision.

Pre-approval

Rochester Real Estate

NOVEMBER 5, 2015

Many of these first time home buyer programs and grants can help cover a large amount of the “closings costs” and/or allow them to finance a higher percentage of the loan (or all of the loan in some cases). Eligible repairs and improvements may be included in the loan. How does the home buyer dream program work?

Closing costs

Marco Santarelli

APRIL 3, 2025

This decline is relevant for both new mortgage borrowers and those considering refinancing their existing loans. Understanding Today's Mortgage Rates Mortgage rates are crucial in determining how much youll pay for a home over the life of your loan. Getting pre-approved can provide a clearer picture of your options.

Mortgages

Housing Wire

JUNE 20, 2023

Mike Cagney’s Figure Technologies rolled out a wholesale lending platform that will give loan originators access to the company’s home equity line of credit (HELOC) offering. Approval may be granted in five minutes but is ultimately subject to verification of income and employment.

Lending

Housing Wire

MAY 8, 2023

Fintech software and hardware company Mortgage Automation Technologies, Inc. announced on Monday that it has integrated its next-generation point of sale system, The BIG Point of Sale, on the latest API Platform available through ICE Mortgage Technology , a division of Intercontinental Exchange, Inc.

Technology

Housing Wire

OCTOBER 1, 2024

The three overarching themes in all of these conversations include: Operational efficiencies for delinquent accounts : QC teams are honing in on how effectively operational processes are managed for delinquent loans, from customer service to loss mitigation. One critical shift is the adoption of pre-funding QC reviews.

Loans

Housing Wire

JUNE 30, 2021

In today’s booming housing market, mortgage brokers want to be able to close loans faster and more efficiently. We have a proven legacy of supporting brokers with unparalleled service throughout the entire process by strengthening the human approach, while also integrating technology. Jim Coffrini, President and CEO.

Pre-approval

Housing Wire

NOVEMBER 30, 2021

Lenders have come to appreciate the benefits technology can bring – but those benefits are only useful if the implementation of new tools doesn’t make the loan process more complicated. Information is routed from the borrower to the loan origination system and vice versa, with the solution providing prompt feedback.

Loans

Housing Wire

APRIL 13, 2023

Simplifile by ICE Mortgage Technology electronically connects people, technologies and data in the real estate transaction to streamline their workflows. After county review and approval, documents are quickly stamped and recorded for public record.

Technology

Housing Wire

JUNE 22, 2023

Wholesale mortgage lender The Loan Store (TLS) announced on Thursday the roll-out of its new home equity line of credit (HELOC) product, which is currently available in 25 states and Washington, D.C. This approach allows The Loan Store to offer same-day approvals and HELOC funding in as little as three business days after final approval.

Loans

Housing Wire

MARCH 30, 2021

It’s no secret credit scores can hinder a potential borrower’s ability to qualify for the best loan program, which can ultimately lead to poor borrower satisfaction. Borrowers don’t always know or understand how their credit or debt-to-income ratio (DTI) impacts the type of loan they can qualify for. Or, give up looking altogether.

Pre-qualification

Housing Wire

SEPTEMBER 16, 2024

“This program will take care of the training, coaching and licensing, and deliver licensed loan originators (LOs) back to our broker partners who will be ready to originate loans, contribute to the growth of the wholesale channel and help even more consumers across the country,” Mat Ishbia, president and CEO at UWM, said in a prepared statement.

Pre-approval

Housing Wire

NOVEMBER 30, 2022

The solution leverages the power of innovative, integrated technologies to not only simplify the mortgage application and approval process for borrowers, but also to improve the backend process for loan officers. Borrower Digital is further enhanced with Black Knight’s companion solution Loan Officer Digital.

Loan Officer

Housing Wire

SEPTEMBER 20, 2022

HousingWire recently spoke to Donna Gibson, COO and president of QC Ally, about fraud prevention and loan quality outlook for the rest of 2022. HousingWire: In this time of market change and as we head towards the last quarter of 2022, what are the hot topics in risk, fraud prevention and loan quality?

Loans

Housing Wire

DECEMBER 13, 2024

While buyback volumes remain well below their 2022 peak, they are still elevated compared to pre- pandemic levels. The added cost pours salt in the wound for credit unions, banks, and independent mortgage bankers , who are already recording average pre-tax losses of $534 per loan origination.

Pre-approval

Housing Wire

JANUARY 18, 2022

” Per the company’s website , it takes five minutes to receive a pre-qualification for a mortgage, though final approval is conditional on finishing the application and providing supporting documents. Milo said that it has originated millions of dollars in loans and has had applicants from over 63 countries. “As

Mortgages

Housing Wire

JUNE 5, 2025

To help you decide which school fits you best, we’ve scoured dozens of mortgage loan originator license courses and reviewed them based on pricing, features and learning style to deliver the best mortgage classes for you. Do you prefer online, self-paced courses or in-person learning?

Loans

Housing Wire

JUNE 20, 2024

The fourth quarter of 2023 was the seventh straight quarter of net production loss for lenders , who hemorrhaged an average of $2,109 pre-tax dollars for each loan they originated. To combat this, loan officers must be incentivized to embrace innovation. Reward good behavior at the individual level.

Loan Officer

Housing Wire

JULY 16, 2021

Venture capital investors including Zillow founder Spencer Rascoff and Trulia co-founder Pete Flint, believe that Tomo has the potential to topple the legion of lenders that have increased market share, invested heavily in technology and lapped up record profits in recent years. history, follows a pre-seed round of $40 million.

Lending

Housing Wire

SEPTEMBER 14, 2020

Low interest rates have kept refinance loan volumes robust, but no one knows for how long. The mortgage industry, in general, has lagged behind other industries in terms of maximizing the benefits of new technologies. Once we get the information required to issue a Loan Estimate, the clock starts ticking. Sadly, that’s not true.

Lending

Housing Wire

JANUARY 14, 2021

It says it brings new transparency to the process by eschewing the traditional broker commission, typically 1.15% of the loan. Through its digital platform, Own Up handles the application process and receive a fee of 0.40% of the loan amount from the lender.

Pre-approval

Housing Wire

SEPTEMBER 21, 2023

Guaranteed Rate ’s PowerVP mobile app aims to enhance loan originators’ ability to keep in constant contact with customers anywhere, at any given time — 24/7. G-Rate will provide 2% of the required 3% minimum down payment for a conventional loan or up to $2,000 — whichever is lower. Agents submitting an offer at 8:30pm?

Pre-approval

Housing Wire

JANUARY 4, 2024

But for a technology executive, coming in at a time like that is where you get to pull back and calibrate with the executive team on what’s really important. As a 14-year-old company, there’s a lot of technology and it was a great opportunity for me to come in and look at the foundational technologies the company was built on.

Technology

Housing Wire

MAY 12, 2022

Technology has been the focal point of that evolution more out of necessity than some consensus that homebuyers don’t want to interact with their lenders at all. Customer-facing technologies, particularly loan origination and decisioning software, are now standard in mortgage lending’s tech stack. This is not an Amazon order.

Lending

Housing Wire

SEPTEMBER 26, 2023

The API, which utilizes Loan Product Advisor (LPA) AIM independent of an LPA submission, enables Freddie Mac-approved sellers and third-party originators to get a preliminary view of a borrower’s qualifying asset, income and employment before submitting a full application to LPA.

Pre-approval

Housing Wire

JANUARY 26, 2022

As the mortgage world becomes more technologically interconnected, the risks to cybersecurity, data and infosecurity increase. According to a Q4 analysis by MISMO-certified wire and prevention fintech FundingShield, 42% of loans reviewed by the fintech firm had at least one risk finding, and of those loans, an average of 2.1

Industrial

Housing Wire

SEPTEMBER 30, 2021

The loan production process can be incredibly complex, as well as time-consuming. The platform’s mobile-first approach enables lenders to close more loans through on-the-go origination tools while also delivering the modern convenience that today’s consumers have come to expect. Technology is evolving, and borrowers expect more.

Pre-approval

Housing Wire

OCTOBER 5, 2021

HW: What are some challenges lenders are facing when it comes to streamlining loan applications, particularly in this heavy purchase environment? Geoff Green: Streamlining loan applications should be getting easier as more and more mortgage technology enters the marketplace, but that is not always the case.

Mortgages

Housing Wire

FEBRUARY 21, 2023

How origination modernization benefits lenders The mortgage application and pre-approval processes have been digitized for some time, to the benefit of borrowers and lenders alike. Streamlining operations Once a borrower is approved for a mortgage loan, the process should run like clockwork. 60% cited speed.

Pre-approval

Housing Wire

FEBRUARY 23, 2023

Patrick O’Brien, the founder and CEO of LenderLogix , said the product was designed in response to the need for a more efficient and cost-effective method of managing the loan application process. When the application is complete, the loan originators give borrowers a customized needs list and a secure document upload link. “As

Pre-approval

Housing Wire

SEPTEMBER 2, 2021

It also allows sellers access to a network of pre-approved buyers to expedite the process. HomeLight claims that it has built a “faster application and underwriting process” that allows the company to guarantee that it can close a loan in 21 days with “zero lender fees and transparent rates.”.

Pre-approval

Housing Wire

DECEMBER 6, 2022

Headquartered and founded by Trent Hedge and Marco Monteiro earlier this year, the firm’s unified stack offers a white-labeled interface that can pre-fill loan applications in addition to instantly verifying income, assets and pulling credit, according to its website. .

Pre-approval

Housing Wire

NOVEMBER 18, 2022

The deal was quickly met with resistance from trade groups and investors voicing antitrust issues – the two giant suppliers of mortgage loan origination software would harm competition in the mortgage tech solutions market. billion a year prior, with adjusted pre-tax earnings of $400 million, compared to $669 million a year ago.

Title

Housing Wire

AUGUST 7, 2020

Because as loan officers, they believe that there’s nothing better than a broker channel, and to them this is most important for their consumers,” said Kortas. “We We then make sure we’re absolutely looking out strongly for the loan officers, they trust us that we’re constantly making it better in everything we’re doing.”.

Mortgages