article thumbnail

The Mortgage Collaborative launches emerging technology fund

Housing Wire

The Mortgage Collaborative, an independent cooperative network in the mortgage industry, today announced the launch of TMC Emerging Technology Fund LP, a venture capital program funded by a self-selected segment of TMC members to capture opportunities driven by the rapid pace of technological change in the mortgage sector.

article thumbnail

The current REO market requires an expansion of services for business growth

Housing Wire

Moreover, VRM Mortgage Services harnesses the power of its innovative, proprietary technology, seamlessly blending predictive modeling with AI capabilities. We take immense pride in our agile, industry-leading proprietary technology solutions and our scalable, seasoned resources. territories.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Competition for mortgage underwriters has never been fiercer

Housing Wire

We’ve grown in excess of 100 employees already in two-and-a-half quarters, that’s underwriters,” said John Levonick, CEO of Charlotte-based Canopy , a third-party due-diligence (TPR) firm that started doing business in the second quarter of 2021. And there’s just no way for due-diligence to really compete with that.”.

article thumbnail

How Blockchain Technology Is Revolutionizing The Property Market

Realty Biz

While blockchain has already been used in sectors like finance and logistics for many years, the technology is now being leveraged within the real estate sector. Smart contracts can also improve due diligence, save on costs, and reduce the likelihood of fraud, payment disputes, and many other issues. Image Credit: Unsplash.

article thumbnail

Crisis management in real estate: 8 tips for handling difficult situations

Housing Wire

Consider the residential client disappointed at the lack of inventory , or the commercial investor with many vacancies in a once-thriving property. Embrace technology If you still rely on paper and pen, it’s time to enter the 21st century. Consider longevity Have you heard the saying, “Tough times don’t last, but tough people do”?

article thumbnail

Opinion: Why aren’t more commercial brokerages seeking affiliated arrangements?

Housing Wire

So why aren’t more commercial real estate (CRE) entities – investors , principals, banks, law firms or developers – seeking the same? Market conditions have certainly trended downward for residential or commercial real estate. Right now, we’re generally seeing more mixed-use developments and multifaceted commercial projects.

article thumbnail

Second Century Ventures Announces 17 Companies for 2022 REACH Scale-up Program

GeekEstate

Geek Estate is all about celebrating entrepreneurship, focused on real estate tech–both residential and commercial. This week, they announced the acceptance of 17 companies to the 2022 REACH and REACH Commercial programs. Inspectify : Applies the latest technology to make inspectors more proficient and effective.