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Opinion: More can be done to shorten the average time to close

Housing Wire

Seemingly forever, the average time between reaching a sales agreement and closing on that property has hovered around 45 days — a month and a half. When asked why it takes an average of six to seven weeks to get to closing , there are a lot of complex (and honest) answers. But there’s also room for improvement.

Closing 488
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Opendoor hires C-suite leaders in finance, technology roles

Housing Wire

The company announced that it has named Selim Freiha its chief financial officer, while Shrisha Radhakrishna assumes the title of chief technology and product officer. Radhakrishna is coming from LegalZoom, where he served for four years as chief technology officer and chief product officer.

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

Housing Wire

This change driven by ICE Mortgage Technologys updated standards promises enhanced efficiency, cost savings, and future-proof workflows. GridBase is a proven leader in title and lending technology, offering a seamless, coding-free solution that simplifies migration while enhancing operational workflows. Heres how it works.

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Mosaik CEO Sheila Reddy on tackling fragmented technology

Housing Wire

HousingWire Editor in Chief Sarah Wheeler sat down with Sheila Reddy, CEO at Mosaik, to talk about how the company is leveraging their experience building technology solutions for healthcare to benefit real estate agents and homebuyers. Sarah Wheeler: What differentiates Mosaik’s technology?

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UWM’s Agnes Standowicz on leadership strategy and harnessing technology

Housing Wire

HousingWire: What role do you see technology playing in the future of underwriting and client service within the mortgage industry? Agnes Standowicz: Technology already plays a huge part in who we are at UWM and what we’re able to accomplish, and I only see this trend continuing. That’s where technology comes in.

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Opinion: More should be done to shorten the average time to close

Housing Wire

Seemingly forever, the average time between reaching a sales agreement and closing on that property has hovered around 45 days — a month and a half. When asked why it takes an average of six to seven weeks to get to closing, there are a lot of complex (and honest) answers. But there’s also room for improvement.

Closing 459
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First American cybersecurity attack disrupts closings over holidays

Housing Wire

The systems outage has derailed closings across the country over the holidays for homebuyers and sellers using the company’s title services in more than 2,000 locations. One buyer commented: “We wired in full payment for a home that was supposed to close last week. 20 cybersecurity incident.

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