Housing Wire

DECEMBER 13, 2023

Verifications provider Argyle announced an integration with the Exchange, an interconnected network of mortgage-specific service providers available to customers of the Empower loan origination system (LOS) from Dark Matter Technologies. The mortgage tech company has made a series of integrations with lenders in the past few months.

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Technology Loans Banks Mortgages 376

Housing Wire

APRIL 3, 2024

The plaintiffs claim they hired independent mortgage brokers, believing the wholesale channel was the best option for getting affordable mortgages because these professionals can shop around — a different model from loan officers employed by retail lenders. “As And even those offerings generally do not convert into actual savings for clients.”

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Loans Loan Officer Mortgages Closing costs 458

Housing Wire

JANUARY 24, 2024

San Diego-based reverse mortgage wholesale lender Smartfi Home Loans has forged a partnership with LoanPASS to use the technology company’s software-as-a-service (SaaS) product and pricing engine in its reverse lending operations. This attribute is echoed in the LoanPASS partnership announcement.

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Technology Lending Equity Loans 353

Housing Wire

JANUARY 18, 2024

Dark Matter Technologies , formerly Black Knight Origination Technologies, is gearing up to bring more lenders on to use its Empower loan origination system in 2024. Read on to learn more about how Dark Matter Technologies’ plans increase market share and utilize AI in its LOS.

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Technology Marketing Loans Development 353

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. The funding timeline of five business days assumes closing the loan with Figure’s remote online notary, Figure said.

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Lending Technology Pre-approval Equity 321

Housing Wire

SEPTEMBER 5, 2023

I sat down with Tim Bowler, president of ICE Mortgage Technology, a business unit of ICE, to talk about the company’s mortgage automation strategy — and what keeps him up at night. SW: ICE Mortgage Technology is known for its focus on automation. Sarah Wheeler: ICE’s acquisition of Black Knight just closed today.

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Technology Mortgages Loans Industrial 350

Housing Wire

OCTOBER 5, 2023

HousingWire Editor in Chief Sarah Wheeler sat down with Adam Carmel , founder and CEO at Polly , to talk about the ways technology should be delivering ROI for lenders. Sarah Wheeler: The cost to originate a mortgage is higher than ever, while companies have invested more in technology than ever before. What is the disconnect there?

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Technology Lending Mortgages Industrial 361

Housing Wire

MAY 18, 2023

FormFree , a leading provider of mortgage lending technology , announced on Wednesday that it has appointed Jonathan Nahil as its new chief technology officer (CTO). Nahil brings to the role over 20 years of experience as a software architect and leader of development teams in renowned technology organizations.

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Technology Lending Development Loans 296

Housing Wire

JUNE 30, 2021

CF Wholesale provides brokers with the resources and technology to drive their business and serve their clients. When a broker partners with CF Wholesale, they gain access to Octane, its in-house loan origination technology that compresses turn times and gives them full control.

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Technology Loans Lending Closing 325

Housing Wire

SEPTEMBER 18, 2023

Dark Matter Technologies , formerly Black Knight Origination Technologies, is focused on mainly two things: the smooth transition to new owners, and lowering the cost to originate loans for lenders. Read on to learn more about Dark Matter Technologies’ plan for mortgage. Gagliano : We believe strongly in technology.

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Technology Mortgages Bankruptcy Industrial 470

Housing Wire

FEBRUARY 15, 2024

Department of Veteran Affairs (VA) loans through its Tinman platform. We were focused on being able to take a consumer all the way through on our technology platform for just the conventional loans, and we achieved that milestone back in the summer of 2023. VA loans are 12% of the mortgage market,” Garg said. “VA

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VA loan Loans Loan Officer FHA loan 346

Housing Wire

AUGUST 26, 2021

Analytics vendor CoreLogic announced Thursday that it has entered into an enterprise agreement with ICE Mortgage Technology to integrate and automate its core solutions on ICE’s platform, enabling a more streamlined workflow for lenders. How technology can help underwriters work more productively.

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Technology Mortgages Loans Title 410

Housing Wire

FEBRUARY 14, 2023

Benchmark Administration (IBA) , will take on a new role as president of ICE Mortgage Technology starting on March 1. ICE’s appointment of Bowler as incoming president ICE Mortgage Technology comes at a crucial time for the company. ICE Mortgage Technology is also eyeing increased sales in its Encompass loan origination system in 2023.

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Technology Mortgages Lending Loans 361

Housing Wire

MARCH 1, 2024

From leveraging the latest in artificial intelligence (AI) and digital marketing to mastering financial literacy, mortgage and real estate professionals have come together to provide these skills to loan officers in a new book titled, “Rethink Everything: You ‘Know’ About Being A Next-Gen Loan Officer.”

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Loan Officer Loans Marketing Title 361

Housing Wire

AUGUST 9, 2022

Vesta Loan Origination System. Vesta is the next generation loan origination system (LOS) specifically built to help lenders transform to technology companies. The post HousingWire August Demo Day: Vesta Technologies appeared first on HousingWire. Get More Info.

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Technology Loans Development As-is 355

Housing Wire

SEPTEMBER 28, 2023

Having completed the $12 billion acquisition of Black Knight , Intercontinental Exchange (ICE) is confident in evolving into a true life-of-loan platform: powering origination to final settlement, all in one unified digital ecosystem, executives said during its conference call with analysts. “By

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Loans Technology Mortgages Development 374

Housing Wire

DECEMBER 5, 2023

California-based Pennymac Financial Services ’s broker division, Pennymac TPO , launched a home equity loan product as tappable home equity nears its 2022 peak. A home equity loan — also known as a second mortgage — enables a homeowner to borrow money by leveraging equity in a home. Pennymac’s home equity loan for brokers comes as U.S.

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Equity Loans Mortgages Technology 365

Housing Wire

AUGUST 9, 2022

AIQ by ICE Mortgage Technology. AIQ by ICE Mortgage Technology , is an omnichannel solution that leverages artificial intelligence that enables lenders, investors, and servicers to automate manual workflows and increase productivity and quality, while reducing risk and boosting ROI. Product Fast Facts. #1. Get More Info.

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Technology Mortgages Inspection Investor 330

Housing Wire

MAY 11, 2023

Flueid , a leading technology company specializing in real estate transactions, announced on Thursday the integration of its patented Flueid Decision platform with Encompass by ICE Mortgage Technology. The report includes Flueid ‘Pro Tips’ that explain alerts and provide guidance on curative items for title.

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Loans Title Title search Loan Officer 355

Housing Wire

MARCH 4, 2022

California-based nonbank lender Carrington Mortgage Services has invested in boosting the growth of its wholesale channel, with the latest announcements including a new loan processing technology and plans to increase the sales team. Department of Agriculture – and non-qualified mortgages (non-QM) loans.

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Technology Loans Loan Officer Mortgages 338

Housing Wire

JULY 21, 2023

Citywide Home Loans , a Utah-based mortgage lending company, agreed to settle a $1.2 While Citywide Home Loans denies liability for the incident, it is still settling the lawsuit to end the claims. Ultimately, Citywide Home Loans will pay valid claims for economic losses due to the data breach up to $5,000 and lost time up to $200.

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Loans Technology Lending Banks 329

Housing Wire

MARCH 28, 2023

Cenlar FSB , the nation’s second-largest mortgage servicer and largest subservicer, has named Rene Gonzales as its new chief technology officer (CTO), according to an announcement on Tuesday. Earlier this month, the company named Michelle DeHart as VP of loan operations, escrow, a role that will spearhead escrow functions at Cenlar.

Technology 337

Technology Mortgages Development Loans 337

Housing Wire

OCTOBER 5, 2022

These days lenders are seeking to leverage mortgage technology to streamline the loan process. By leveraging both eNotes and DocMagic’s award-winning eVault technology, lenders can quickly begin to experience an array of eClosing benefits. The post The competitive advantage of eNote technology appeared first on HousingWire.

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Technology Investor Loans Industrial 278

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%

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Technology Sales Mortgages Lending 351

Housing Wire

JUNE 10, 2022

Mortgage lenders Doorway Home Loans and Priority Mortgage Thursday announced a merger, the latest of many such deals made during a challenging mortgage market. Doorway Home Loans — founded just three years later, in 1987, by Kirk Hankla in Long Beach, California — will expand geographically through the transaction. billion mega-deal.

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Loans Mortgages Technology Lending 370

Housing Wire

SEPTEMBER 2, 2021

While new technologies have a reputation for breaking the bank, the average lender only budgets less than 10% of their overall operations costs for technology. Without loan officer adoption, that spend becomes frivolous, making a lender’s decisions on which technologies to include in the tech stack extremely important.

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Technology Closing Loan Officer Mortgages 417

Housing Wire

MAY 1, 2023

We’ve asked Phillip McCall, president and chief operating officer at ACES Quality Management , how lenders can keep up with new and upcoming regulations to maintain loan quality in this very competitive environment. Our team has literally gone through the alphabet soup of lending regulations to fully apply them within our technology.

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Loans Lending Technology Principal 327

Housing Wire

MAY 7, 2021

Encompass Investor Connect is a built-in, no additional cost feature within the Encompass Loan Origination System which enables lenders to seamlessly deliver loans to investors from Encompass – resulting in 40% fewer conditions, 1 day faster purchases and $49/loan savings. Product Fast Facts. #1. Get More Info.

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Technology Due diligence Mortgages Investor 377

Housing Wire

APRIL 13, 2023

San Francisco-based fintech Polly has hired Parvesh Sahi, a former executive from ICE Mortgage Technology , as chief revenue officer to scale the business in a highly competitive mortgage environment. Sahi will be involved in all aspects of the corporate strategy, business development, sales and account management, the firm said Thursday.

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Technology Mortgages Development Loans 254

Housing Wire

JUNE 17, 2022

Do loan officers need more technology than they currently have? Will new technology change anything? Most loan officers do not believe they need more tech than they have now. Most loan officers do not believe they need more tech than they have now. They do not need more technology. Let that sit a second.

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Loan Officer Loans Technology Banks 348

Housing Wire

SEPTEMBER 19, 2022

SPS) has struck a deal to acquire certain assets of Texas-based Rushmore Loan Management Services LLC. million loans. According to a June ratings report from Fitch Ratings , Rushmore serviced approximately 376,000 loans totaling $64.2 Select Portfolio Servicing Inc. billion as of March 31, 2022.

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Loans Property Management Technology Branding 326

Housing Wire

JULY 11, 2023

Candor Technology , a mortgage artificial intelligence (AI) technology firm, announced this week that it has unveiled its latest product feature, Candor Pre-Check. The tool aims to identify inconsistencies between loan applications and borrower-provided documents to data accuracy.

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Loans Technology Staging Investor 241

Housing Wire

AUGUST 12, 2022

Fannie Mae has launched its fourth reperforming-loan sale of the year — an offering of 6,130 loans with an unpaid principal balance of $997 million. A reperforming loan is a mortgage that has been or is currently delinquent but has been reperforming for a period of time. million in unpaid principal balance; pool 2 is at $342.5

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Loans Purchase and sale agreement Principal Due diligence 380

Housing Wire

NOVEMBER 30, 2022

Cloudvirga’s platform solves for both by creating the best experience for borrowers and loan officers. The Cloudvirga team has been able to dramatically improve the experience of the borrower and the loan officer. It focuses on more than just task management and automation.

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Loan Officer Loans Branding Technology 323

Housing Wire

APRIL 28, 2023

Digital lending solutions provider DocMagic announced this week that it has added ADA-compliant mortgage loan documents to its document library. Much of modern lending technology is designed to give consumers the convenience to access loan documents in the ways that work best for them.

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Loans Lending Technology Design 299

Housing Wire

FEBRUARY 10, 2023

Black Knight has decided to sell its loan origination software business Empower in a bid to save the $13 billion deal with Intercontinental Exchange Inc (ICE), Reuters reported , citing sources familiar with the matter. The acquisition would create a monopoly that controls the technology used to originate and service mortgages, they contend.

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Loans Technology Mortgages Sales 344

Housing Wire

JUNE 14, 2023

Non-QM loans can lead to more referrals The current housing market has necessitated a new approach for mortgage professionals who want to increase the number of loans on their desks. Non-QMs could present a new revenue channel for the originators facing reduced loan volume. You are an originator and technology is your friend.

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Loans Technology Lending Mortgages 321