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Tidalwave announces new hires to lead mortgage technology sales

Housing Wire

Tidalwave , a mortgage technology startup that’s integrated with Fannie Mae and Freddie Mac , announced Monday that it has hired a pair of industry veterans to bolster its sales team. In May, Tidalwave announced point-of-sale integrations with First Colony Mortgage and Mortgage Solutions.

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Is technology the problem, not the solution, in the mortgage industry?

Housing Wire

The mortgage industry has long been promised a technological revolution to streamline workflows, reduce operational costs, and enhance efficiency. Yet, despite significant investments in new technologies, the cost to originate loans has dramatically increased. The human touch remains critical in mortgage lending.

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Assessing the reverse mortgage technology landscape

Housing Wire

Reverse mortgages have a minimum age requirement that serves as a key differentiator for the product. But it also leads to questions about how much or how little technology tools can or should interact with the business. announced that it was implementing hybrid e-closings into its reverse mortgage processes.

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Embracing new technology: Swapping Encompass SDK for Encompass Partner Connect with GridBase

Housing Wire

Mortgage and title clients are undergoing a significant transformation with the shift from Encompass Software Development Kit (SDK) to Encompass Partner Connect (EPC). This change driven by ICE Mortgage Technologys updated standards promises enhanced efficiency, cost savings, and future-proof workflows.

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Ocrolus debuts Inspect, a new AI-driven mortgage solution

Housing Wire

Mortgage tech firm Ocrolus has introduced Inspect, a new solution within its artificial intelligence -driven mortgage document automation technology, which the company said will improve efficiency and scalability in loan origination. Currently, Ocrolus supports more than 95% of mortgage document types.

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Longbridge COO Bill Packer on how technology is influencing workflows

Housing Wire

Editor in Chief Sarah Wheeler sat down with Bill Packer , chief operating officer at Longbridge Financial, to talk about the ways his company is using AI to serve reverse mortgage borrowers. Packer has worked in the consumer lending space for four decades, with deep expertise in technology and operations.

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FinLocker says it will cover 100% of mortgage verification costs

Housing Wire

Self-branded “financial fitness” platform FinLocker announced Wednesday that it will cover 100% of the verification costs for mortgage borrowers who use lenders’ FinLocker-powered apps. This is about fundamentally transforming how the mortgage ecosystem works together.”