Housing Wire

MARCH 1, 2024

Kiavi , one of the nation’s largest private lenders for residential real estate investors , closed a $350 million unrated securitization of residential transition loans (RTLs), the company announced on Monday. The loans bundled in the securitization were mostly investment property loans used for fix-and-flip transactions.

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Housing Wire

JUNE 3, 2024

Wood Christie's International Real Estate Jana Setterberg Vice President, Marketing Consolidated Analytics Jane Hood Head of Marketing FoxyAI Jennie Craig Vice President, Marketing Solidifi Jennifer Leonard Chief Marketing Officer AIME Julie Wink-Davis Executive Vice President, Marketing and Strategic Sales Xactus Kara Taylor Chief Marketing Officer (..)

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Marketing Branding MLS Mortgages 423

Housing Wire

APRIL 30, 2024

We’ve also implemented project management technologies and streamlined processes to improve workflow and turnaround times for loan officer requests, effectively halving the time it takes to fulfill them. Instead, we invest heavily in empowering our loan officers.

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Loan Officer Technology Loans Finance 412

Housing Wire

DECEMBER 4, 2023

Florfy Broker Edition is designed to provide an intuitive loan management portal for borrowers and make managing loans simpler at an accessible price point while boosting operational efficiency, the company said. is a software development company that offers a digital loan origination and POS system for the mortgage industry.

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Lending Mortgages Loans Technology 407

Housing Wire

OCTOBER 31, 2022

Her role will focus on technology to drive the company’s growth. Michael Brennan, president of Movement, said Waggoner can empower loan officers with the tools they “need to win.”. “She has a proven track record of leading sales-centric technology teams and delivering with speed to market,” he added. Presented by: Polly.

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Housing Wire

APRIL 18, 2024

N early 58% of this total was conventional loans and 55% was purchase loans. As of Thursday, the bank had 155 sponsored loan officers, according to the Nationwide Multistate Licensing System (NMLS). The deal included the bank’s consumer-direct technology platform. Bill Watson, chairman of Watson Realty Corp.,

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Banks Mortgages Loan Officer Loans 378

Housing Wire

SEPTEMBER 23, 2020

Loan servicers operate between a rock and a hard place today. OK, but then the current economic climate adds levels of complexity, with loan modifications, forbearances and confusion about compliance. They must do all that, while also remaining compliant in handling, notifying borrowers of options or modifying the loan.

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Housing Wire

JANUARY 23, 2024

a provider of property data and valuation technology solutions. Launched in New York in 1995, Real Info developed a suite of proprietary automated valuation models (AVM) that derive predicted market values for residential properties, according to its website. Financial services firm Consolidated Analytics acquired Real Info, Inc. —

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Housing Wire

SEPTEMBER 1, 2023

Meanwhile, Spring EQ will be able enhance its platform through further investments in technology, new commercial opportunities and growth-based operational initiatives, the company said. Founded in 1996, Pennsylvania-based Spring EQ offers home equity, HELOCs, refis and purchase loans.

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Equity Loan Officer Residential Commercial 356

Housing Wire

MAY 2, 2021

Real estate technology has changed rapidly over the last few years, and property valuation is no exception. Today, borrowers and lenders alike expect an easy and expedited home loan experience. QVM Insights is an easy-to-use, accurate and technology-driven way to manage the appraisal piece of the “supply chain.”

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Housing Wire

FEBRUARY 7, 2023

This integration will enable lenders to finalize closing documents using Snapdocs within Mortgage Cadence’s loan origination system (LOS). eClosings can help lenders reduce loan costs and save time, according to Todd Maki, Snapdocs’ vice president of customer success. In addition, lenders can use the LOS to send Snapdocs for eClosing.

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Housing Wire

OCTOBER 19, 2021

The historic mortgage boom spurred by the pandemic hasn’t just been a blessing for lenders – the slew of mortgage loan-trading platforms have also reaped the rewards of historic origination volume. On these platforms, originators can lock down the best loan price from various buyers, typically asset managers and institutional investors.

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Loans Due diligence Mortgages Investor 292

Housing Wire

JANUARY 23, 2023

Through the Touchless Lending technology, an application can reach a clear-to-close decision within a week, 80% faster than the average industry time of 50 days. Tony Grothouse, CEO of Revolution Mortgage, says the technology will help the company expand and deliver quality assets into the secondary market. “We

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Lending Mortgages Technology Loans 359

Marco Santarelli

FEBRUARY 8, 2024

These vulnerabilities are categorized into three significant areas: Financial Risks, Financial Institutions, and Financial Market Structure, Operational Risk, and Technological Risk. The Council emphasizes the importance of monitoring CRE exposures, evaluating loan portfolios' resilience, and ensuring adequate credit loss allowances.

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Residential Commercial Lending Loans 94

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.

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Housing Wire

FEBRUARY 13, 2024

Setting up systems to handle these complexities takes significant time and effort, but once completed, provide a tailored loan program for a borrower. Gregory Meola, managing director and head of business development & strategy for Acra Lending explains the process and how technology can be a boon to streamlining the process.

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Lending Loans Technology Development 291

Housing Wire

JANUARY 25, 2024

California-headquartered LoanSnap was hit with a temporary order to cease and desist from Connecticut’s Department of Banking for “systemic” unlicensed mortgage loan origination activity. These individuals also received inbound calls from individuals interested in obtaining mortgage loans, the order stated.

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Housing Wire

SEPTEMBER 21, 2023

Loan quality and audit services company QC Ally on Thursday announced the acquisition of third-party due diligence solutions company Inglet Blair. Founded in 2003, Inglet Blair specializes in the analysis of residential mortgage loans and other forms of secured mortgage-related debt, leaning on ratings-agency approved insight. “As

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Due diligence Equity Loans Residential 330

Housing Wire

FEBRUARY 13, 2024

In January 2023, REdistribute announced that it had secured data coverage for 50% of the residential real estate properties in the country. “Our In fourth-quarter 2023, ICE’s mortgage technology division reported an adjusted operating income of $193 million , up 98% from one year earlier.

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MLS Technology Mortgages Residential 356

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.

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Residential Technology Loans Finance 307

Housing Wire

MAY 11, 2022

Texas-based multichannel lender Caliber Home Loans is accusing Ohio-based CrossCountry Mortgage of executing an “illegal scheme of unfair competition” by targeting its employees, stealing trade secrets and diverting customers. Staying nimble in a fast-paced market with the right mortgage technology.

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Loans Technology Mortgages Residential 380

Housing Wire

NOVEMBER 8, 2022

Publicly traded lending software firm MeridianLink has acquired OpenClose , a fintech company that specializes in residential mortgage software solutions for banks, credit unions and mortgage lenders. In April, MeridianLink paid roughly $28 million to acquire StreetShares , which provides lending technology to banks and credit unions.

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Mortgages Lending Technology Banks 368

Housing Wire

NOVEMBER 2, 2023

Intercontinental Exchange (ICE) Mortgage Technology reported an adjusted operating income of $131 million in the third quarter of 2023, up from Q3 2022’s $126 million — despite the headwinds the mortgage industry is facing. The mortgage technology division at ICE posted $330 million in total revenue in the third quarter, up about 19.6%

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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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Housing Wire

OCTOBER 12, 2022

It’s no coincidence that the post-2008 crisis mortgage expansion happened to occur during a period marked by transformative technological change in the industry. Most people outside of the mortgage industry are not even aware that one of the largest mergers between mortgage technology firms is on the verge of taking place.

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Mortgages Technology Industrial Loans 359

Housing Wire

FEBRUARY 14, 2024

With the acquisition of Academy, Guild will be onboarding nearly 200 branches and 1,000 new employees, about 600 of which are loan officers. Aside from geographical expansion, Academy also brings expertise in the construction loan space for builders, which represents 25% to 30% of its business, according to Schmidt.

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Mortgages Loan Officer Loans Closing 398

Housing Wire

NOVEMBER 1, 2021

. “Financial institutions can now combine those relationships they’ve already established, while leveraging Rocket Mortgage’s transformational platform powered by Rocket technology.” ” There are nearly 5,000 FDIC-insured banks and more than 5,000 credit unions in the U.S.

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Banks Mortgages Loan Officer Lending 365

Housing Wire

OCTOBER 5, 2022

ATTOM, a curator of real estate land and property data, on Wednesday announced that its platform has integrated loan originator data from the Nationwide Multistate Licensing System & Registry (NMLS). The dataset reveals loan origination activities by product, loan amount, loan officer and competitor, the company said.

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Housing Wire

FEBRUARY 14, 2024

Additionally, modern mortgage servicing software and Application Programming Interfaces (APIs) automate investor reporting and compliance and create a more efficient workflow, effectively allowing servicers to service loans in-house to maximize their advantages. These benefits add up to a decisive competitive advantage for these institutions.

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Housing Wire

JULY 28, 2022

In light of this, HousingWire recently caught up with Teraverde Chief Technology & Innovation Officer Rob Peterson to learn more about the key to lender profitability in today’s lending environment. Rob Peterson: Most segments of the economy have effectively adopted technology to reduce their costs. Louis computes a 34.7%

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Housing Wire

AUGUST 17, 2023

5000 list was VA Wholesale Mortgage , which specializes in offering home loans to veterans and active duty military members. InstaLend is a tech-enabled real estate loan lender that provides capital to residential developers through streamlined technology and automated workflow, according to its website. Zap Mortgage (no.294)

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Mortgages Loan Officer Fixed-rate mortgage Loans 362

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. Presented by: Wolters Kluwer.

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Housing Wire

FEBRUARY 22, 2024

Tiffany Fletcher: Real Estate Owned (REO), acquired by lenders , banks, or financial institutions typically due to mortgage loan defaults, involves the strategic marketing and sale of existing properties to mitigate losses on outstanding loans. territories.

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Housing Wire

MARCH 6, 2023

GHMC originates and purchases loans through multiple channels. The expansion is part of the company’s strategy to grow its presence and focus on residential mortgage lending.

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Mortgages Lending Technology Residential 389

Housing Wire

APRIL 13, 2023

The purchase, which includes the bank’s consumer-direct technology platform, is expected to close in the second quarter of 2023. NMLS showed the bank has 63 registered loan officers. First Federal expects to retain substantially all employees to its residential lending team, Paul Ottendorf, division president of First Federal, said.

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Banks Mortgages Loan Officer Residential 356

Housing Wire

AUGUST 16, 2022

Trius Lending, a local direct and hard-money lender specializing in residential investment, attributed its rapid success to customizing to investors’ needs. According to the firm, the core business at Trius Lending is residential rentals or properties for fix-and-flip. Several of the top 10 HMDA lenders by volume were on the Inc.

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Mortgages Lending Investor Loans 365

Housing Wire

FEBRUARY 17, 2023

Fintech Figure Technologies will partner with NovaWulf Digital Management to provide blockchain technology solutions for a proposed reorganization of troubled crypto lender Celsius. Cagney’s attempt to bring blockchain technology to mortgage lending at scale dates back to August 2021. Figure Acquisition Corp.,

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