Housing Wire

OCTOBER 3, 2023

The closing software firm is launching Qualia Shield , a funding and disbursement product for title and escrow companies. “Bad actors are continually refining their methods for wire fraud,” Charlotte Brown, the vice president of product at Qualia, said in a statement. Qualia is stepping up its efforts against wire fraud.

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Housing Wire

JANUARY 16, 2024

Ginnie Mae intends to develop a new reverse mortgage-backed security product enabling the acquisition of loans from an HMBS pool above the existing 98% maximum claim amount (MCA) requirement, according to a new announcement. HECM warrants special attention because of demographic trends, and the financial circumstances of older Americans.

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Housing Wire

MARCH 21, 2024

While reverse mortgage volume in 2024 got off to a rocky start, new data that breaks out retail Home Equity Conversion Mortgage (HECM) endorsements versus wholesale production showed that it was the former that took the bigger hit in the first month of the year, based on new data compiled by Reverse Market Insight (RMI).

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Housing Wire

JANUARY 18, 2024

Ted Tozer, former president of Ginnie Mae during the Obama administration and current president Alanna McCargo’s most recent Senate-confirmed predecessor, applauded the news that the company is looking into the development of a new Home Equity Conversion Mortgage (HECM)-backed Security (HMBS) product.

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Housing Wire

DECEMBER 12, 2023

“Cooling economic indicators and dovish commentary from the Federal Open Market Committee (FOMC) meeting at the beginning of November drove a rally in rates across mortgage products,” said Brennan O’Connell, data solutions manager at Optimal Blue. The steep drop in rates drove down ARM shares to 6.5% in November from 7.9% in October.

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Housing Wire

FEBRUARY 1, 2023

The companies in this product guide offer products and solutions that streamline workflow processes for servicers and allow them to work more efficiently while providing better insights for borrowers. Aspen Grove Black Knight NTC, A Covius Solution Sagent CoreLogic

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Housing Wire

APRIL 2, 2023

The Qualia platform featured in this product guide enables an unparalleled level of team connectivity, making it simpler for stakeholders to collaborate on closings. As a result, orders can be completed with speed and accuracy.

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Housing Wire

OCTOBER 18, 2023

mortgage lender Bank of America (BofA) reported declining mortgage and home equity production in the third quarter of 2023, compared to the previous quarter. BofA’s sequential production decline follows that of Wells Fargo , which also posted lower mortgage volumes during the third quarter. Top-20 U.S. decline from $5.9

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Housing Wire

FEBRUARY 28, 2024

The company anticipates first-quarter 2024 production to be between $22 billion and $28 billion. It expects to maintain the portfolio at about $250 to $350 billion in UPB. UWM ended the year with $2.2 billion of available liquidity, including $497.5 million in cash. Meanwhile, the gain margin is expected to be between 80 bps and 105 bps. “I’m

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Housing Wire

SEPTEMBER 29, 2023

MoxiWorks , a real estate technology platform, just made it easier to create and share presentations thanks to its latest product integration. The company combined its two tools — MoxiPresent and MoxiConnect — to streamline the creation of presentations , buyer tours and annual property reviews to send the assets directly to customers.

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Technology Agents As-is Marketing 393

Housing Wire

APRIL 4, 2023

million in a seed round, the Miami-based cryptocurrency lending platform announced on Tuesday that it launched a product that allows investors in Bitcoin, Ethereum and USDC to use their assets to secure funding for real estate purchases. “The use case for crypto has to go beyond investment potential. Six months after raising $3.5

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Mortgages Investor Banks Loans 378

Housing Wire

OCTOBER 5, 2023

Between the summer of 2019 to date, there have been at least 26 securitization deals backed by home equity products valued in total at some $6.1 The home equity products involved include home equity lines of credit (HELOCs), closed-end second mortgages (CESs) and shared-equity contracts. There’s plenty of demand.,

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Housing Wire

JULY 13, 2023

Argyle , a rising player in the digital income and employment verification industry, announced the appointment of Anaid Chacón as its new senior vice president of product. Chacón brings with her over a decade of leadership experience in product management and technology to her new role.

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Housing Wire

AUGUST 31, 2022

The post Fintech Product Showcase appeared first on HousingWire. CreditXpert. First American Data & Analytics. homegenius. NTC – A Covius Solution. Total Expert.

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Technology Mortgages Marketing 347

Housing Wire

FEBRUARY 27, 2023

Overcoming self-imposed limitations is a vital approach to productive conversations. Consider all goals Any conversation that seeks to achieve a goal is what we call a productive conversation and is; therefore, a form of negotiation. A common pitfall is failing to recognize when we are in a negotiation in the first place.

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Housing Wire

JULY 18, 2023

Denver, Colorado-based Maxwell , a mortgage fintech solutions platform, has announced that product development veteran Paul Wetzel has joined the company as senior vice president of product. In May, Maxwell struck a deal to acquire mortgage solutions provider LenderSelect Mortgage Group from Blue Ridge Bank.

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Loans Lending Mortgages Technology 360

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. The product is eligible only for primary residences with fixed-rate term structures of 10, 15, 20 or 30 years.

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Equity Loans Mortgages Technology 403

Housing Wire

OCTOBER 18, 2022

Boston-based real estate investment proptech Knox Financial announced Monday it is launching new products on its platform that will help homeowners transform their homes into investment properties. The product is designed specifically for homeowners who require in-hand leases to qualify for mortgages on new home purchases.

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Equity Lending Loans Mortgages 402

Housing Wire

JANUARY 18, 2022

And the company claims that there is already a waitlist for the product. The crypto mortgage product will be available to most applicants in early 2022, Milo added. Alongside of the crypto mortgage product, the company also offers a non-U.S. mortgage product for purchases and refinances to foreign nationals.

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Mortgages Pre-qualification Pre-approval Lending 477

Housing Wire

APRIL 18, 2023

PunchListUSA , a real estate technology platform digitizing home inspection data, has named Stefan Pampulov as its chief product and data officer. Pampulov will be responsible for the development of PunchListUSA’s proprietary products, data infrastructure, home lifecycle services, and predictive pricing models, according to the firm.

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Inspection Technology Investor Development 366

Housing Wire

SEPTEMBER 7, 2022

Top mortgage lender NewRez has added to its line of “Smart Series” non-QM products, launching a 40-year fixed-rate interest-only mortgage loan. The new product comes amid mortgage rates around 6.25% and declining home sales. “We But interest-only 40-year mortgage products are relatively rare. billion, down from $26.9

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Mortgages Loans Equity Finance 433

Housing Wire

AUGUST 31, 2021

The post Fintech product showcase appeared first on HousingWire. Black Knight CoreLogic DocMagic FICS First American Data & Analytics Global DMS homegenius HPA, a Cognizant company Nomis Solutions Nationwide Title Clearing Refinitiv Reggora Sagent Snapdocs SoftWorks AI Stavvy WFG.

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Title Technology Loans Closing 374

Housing Wire

AUGUST 25, 2022

Beyond cost-cutting, the wholesale lender is looking to diversify its product mix to capture business it previously wouldn’t have even competed for. “We believe that in the purchase market, products are going to become more and more important,” said Phil Shoemaker, Homepoint’s president of originations.

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Mortgages Equity Loans Seller concession 393

Housing Wire

JULY 28, 2022

United Wholesale Mortgage (UWM) rolled out a new adjustable-rate mortgage (ARM) product for jumbo loans in an effort to provide brokers more options in a highly competitive mortgage origination market. In November, it launched a prime jumbo loan product on five-, seven-, and 10-year ARMs, with a minimum FICO score of 680.

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Loans Mortgages Closing costs Design 381

Housing Wire

OCTOBER 24, 2022

Real estate brokerage and services company Anywhere Real Estate announced last week that it is appointing Tony Kueh as its first chief product officer. In his new role, Kueh will lead the company’s product strategy, innovation roadmap and technology investments.

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Brokerage Technology Title Investor 392

Housing Wire

OCTOBER 28, 2022

Mortgage lender Homestar Financial Corporation on Friday announced appointing Gurp Bhandal as executive vice president of national production. Prior to HOMESTAR, he served as the executive vice president of retail production at AmeriSave Mortgage Corporation and area lending manager roles at Citi.

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Loans Lending Mortgages Closing 389

Housing Wire

NOVEMBER 8, 2021

this past September was minimal in comparison with the numbers of forward mortgage lenders and vendors, on c-level executive of a major mortgage company devoted some of her time on a panel at the event to discussing the importance of reverse mortgages to a fully and diverse product suite. Kathryn Amor. “We

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Finance Mortgages Lending Equity 364

Housing Wire

APRIL 25, 2023

Tavant , a Silicon Valley-based digital lending solutions provider, is adding a new product called Asset Analysis to its AI-powered digital lending platform, Touchless Lending. The new product is in the near-final stages of production and will be available in-market by the end of June 2023.

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Lending Banks Loan Officer Loans 357

Housing Wire

APRIL 27, 2023

Mobility Market Intelligence (MMI), a data intelligence and market insight tool provider for the mortgage and real estate industries, has appointed Brian McKray as the director of product development. To be part of this dream team that Ben has put together is exhilarating and flattering at the same time,” said McKray.

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Development Loan Officer Loans Technology 343

Housing Wire

APRIL 13, 2023

Change Wholesale is at the forefront of wholesale lending, with the widest variety of products on the market, ranging from traditional lending products to non-traditional products (Alt Doc, Investor/DSCR, Foreign National). As a CDFI (Community Development Financial Institution) — a designation given by the U.S.

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Lending Marketing Banks Investor 380

Housing Wire

AUGUST 31, 2020

The post Fintech product showcase appeared first on HousingWire. Auction.com CoreLogic DocMagic FICS Global DMS Monster Lead Group Nationwide Title Clearing Optimal Blue Sagent Lending Technologies SimpleNexus Snapdocs SoftWorks AI Sutherland Qualia Xome.

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Title Lending Technology Loans 368

Housing Wire

MARCH 1, 2021

The 30-year mortgage is easily the most popular and talked-about mortgage product out there. Then put these three underrated mortgage products on your radar: More for Real Estate Enthusiasts. The post 3 underrated mortgage products to consider appeared first on HousingWire. 5 reasons to refinance your mortgage right now.

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Mortgages VA loan Loans Loan Officer 424

Housing Wire

FEBRUARY 24, 2023

The Federal Housing Finance Agency (FHFA) has delayed implementing a rule that would have required Fannie Mae and Freddie Mac to obtain approval from the regulator before implementing new products or services. The rule, issued on Dec. 20, was previously slated to go into effect on Monday, Feb.

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Investor Finance Industrial Marketing 380

Housing Wire

MARCH 16, 2023

According to Qualia , Atlas combines title and escrow production, as well as vendor management, along with client and homebuyer connectivity. “We Closing software provider Qualia has announced a major update to its software offerings. On Thursday, the firm announced the launch of Qualia Atlas.

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Title Closing Technology Development 355

Housing Wire

OCTOBER 17, 2022

BofA’s production decline follows that of its depository peers, JPMorgan Chase and Wells Fargo , which also posted double-digit mortgage loan production decreases during the third quarter. The post Bank of America’s mortgage production declines 40% in Q3 appeared first on HousingWire. Mortgage originations totaled $8.7

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Banks Mortgages Equity Loans 382

Housing Wire

JUNE 6, 2023

Nationwide Property & Appraisal Services LLC (NPAS), a pioneer in the real estate appraisal sector, announced on Tuesday the launch of its product line, Pinnacle Desktop Appraisals. This service delivers a cost-effective solution that enhances efficiency, accuracy, and impartiality, according to the company.

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Technology Equity Banks Design 363

Housing Wire

AUGUST 17, 2022

United Wholesale Mortgage (UWM) this week launched temporary rate buydowns, a product that allows borrowers to receive lower mortgage rates at the beginning of their loan terms by using seller concessions as part of the payment. The post UWM turns to seller concessions with new mortgage product launch appeared first on HousingWire.

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