Housing Wire

NOVEMBER 1, 2024

The Mortgage Industry Standards Maintenance Organization (MISMO), a subsidiary of the Mortgage Bankers Association (MBA), has been developing a series of uniform technology standards that will ideally allow for the somewhat siloed reverse mortgage industry to more easily collaborate with others in the mortgage finance ecosystem.

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Housing Wire

JULY 18, 2024

It is our team’s job to understand how LeadingRE can best support them, which may mean recommending specific courses from our Institute learning platform, introducing technologies from a Solutions Group provider, engaging them in our commercial real estate program, or helping them build new development business through Destinations by LeadingRE.

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Housing Wire

MARCH 6, 2024

Pennymac Financial Services has made changes to its technology leadership, creating a new role focused on digital innovations, the company announced on Tuesday. He had a crucial leadership role in Pennymac’s mortgage fulfillment, production business technology and servicing divisions.

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Housing Wire

SEPTEMBER 19, 2024

The company said this change is the result of increasing transaction sizes being processed by both residential and commercial real estate companies, and that it “is backed by the largest insurance marketplace in the world.”

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Housing Wire

MAY 21, 2024

In his new role, Shuler will focus on Planet’s technological growth and enhancements to its operational efficiency. “My My goal is to execute a technological strategy that not only streamlines business processes but enhances security and customer experience while reducing costs and aligning with industry standards.”

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Housing Wire

OCTOBER 2, 2024

This process included removing a variety of debt — including commercial mortgages, personal loans and auto loans — from balance sheets and making credit available to traders. Prior to founding Pretium, Mullen was the head of global credit and mortgages at Goldman Sachs. Mullen shares that the company raised $1.5

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Housing Wire

JANUARY 22, 2024

Lux joins the mortgage tech company from Cenlar FSB , the nation’s largest subservicer, where he served as executive vice president and chief operating officer for the past six years leading their entire servicing and technology operation.

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Housing Wire

MAY 14, 2024

Compass has the best tools and technology in the industry, allowing us to operate at efficiencies we’ve only been dreaming of for the past three years,” Skenderian said in a statement. The Marcus Skenderian Real Estate Group works across commercial real estate , architecture, construction , development and residential sales.

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Housing Wire

AUGUST 9, 2024

As the firm looks to the future, executives said they are continuing to focus technological developments. Our investments include internally developed solutions and the deployment of technology through strategic partnerships and alliances. yearly increase in title net fees and premiums earned to $663.4 million and a 50.8% million. “

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Marco Santarelli

JULY 26, 2024

As we look ahead, the commercial real estate forecast for the next 5 years raises important questions for investors , businesses , and stakeholders in the industry. The market is at a pivotal point, influenced by shifting economic factors, technological innovations , and evolving consumer preferences.

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Housing Wire

SEPTEMBER 24, 2024

Founded in 2016, it connects small-balance residential and commercial mortgage originators with institutional capital. Roemanu , the holding company for Toorak Capital Partners and Merchants Mortgage , announced on Tuesday that it has hired former Finance of America executive Charles Macintosh as its chief operating officer.

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Propmodo

OCTOBER 31, 2023

This has been a perfect storm for the commercial real estate lending industry. Falling property prices and liquidity fears are causing banks to slow or stop lending on commercial properties. All of this combined to push commercial lending to a standstill. So, how has the industry adapted to this systemic shock?

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Realty Biz

SEPTEMBER 12, 2023

Modern robotics have become so advanced that they are transforming almost every industry on Earth, including the commercial real estate industry. On top of that, we will likely discover even more ways AI can transform commercial real estate over the next few years. However, we are still in the early days of the AI revolution.

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Propmodo

JULY 11, 2024

Or are they beyond being viable in the next big game because they are technologically obsolete? They have done it in the past. Their formula for success has never let them down. Plus, they have long-time advisors who know the game as well. To explain the real estate game, let’s assume that one property equals one card.

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The Close

JUNE 10, 2024

Commercial real estate is a dynamic industry that allows you to help businesses find their perfect location. Whether you are looking to switch from residential real estate or are making a new career change entirely, commercial real estate offers many opportunities for growth and financial success.

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Housing Wire

SEPTEMBER 15, 2023

Technologies like encryption help deliver certainty that content has not been tampered with. Improving the ability of MERS to verify and transfer ownership required capital, time and technology. Today is the 15th anniversary of the collapse of Lehman Brothers.

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Realty Biz

JUNE 17, 2024

The community is well-known for having significant investment potential and providing commercial real estate opportunities. The community is well-known for having significant investment potential and providing commercial real estate opportunities. But the city of Bentonville AR , is not just about historical significance and culture.

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Housing Wire

MARCH 18, 2024

million to Black Knight Servicing Technologies , concluding a five-year legal battle over allegations of trade secret theft involving two of the biggest companies in the housing industry. PennyMac Financial Services has paid $158.4 An arbitrator issued the final award on Jan. 12, reducing Black Knight’s monetary damages from $155.2

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Housing Wire

SEPTEMBER 20, 2024

Today, technologies like natural language processing and machine learning have moved from the research lab into something more tangible that commercial enterprises can take advantage of. Click here to nominate someone. There’s also the challenge of available housing. A boost in inventory is clearly needed.

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Housing Wire

JANUARY 31, 2024

In its earnings release, Old Republic noted that some of the title segment’s decline can be tied to a 21% pullback in commercial premiums in the fourth quarter and a 22% drop in commercial premiums for the year as a whole. “As compared to 2022, and a pretax income of $133.5 million, a drop of 56.7%. annually, and a net income of $190.6

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Housing Wire

JANUARY 27, 2023

Carolyn Monroe, the president of Old Republic’s title insurance segment, attributed the relatively small yearly drop in 2022 to a strong performance by the firm’s commercial title insurance sector. Commercial premiums reported for full year 2022 represented an all-time high for the title group. million, down from $627.0

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Housing Wire

APRIL 11, 2024

The Nationwide Multistate Licensing System (NMLS) shows that Norcom — as well as Third Party Origination Go and TPO Go — is listed as a trade name under Norwich Commercial Group Inc. Homebridge was set to merge with Mike Cagney ‘s Figure Technologies , but the deal fell apart just 10 months after the announcement was made.

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Realty Biz

SEPTEMBER 8, 2022

Simply put, they’re labels placed on real estate technology. Keep reading to discover how innovative real estate technology can boost your business. Real estate technology is also a great way to keep your properties secure. Property technology helps renters find and vet their properties. One Stop Shop Proptech.

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Propmodo

JANUARY 17, 2023

The commercial real estate industry, as well, is starting to ramp up its use of data science and with it we are seeing the appointment of more chief data officers. JLL hired Yao Morin as CDO of JLL Technologies in June 2020, making her responsible for leading the firm’s global data strategy, product roadmap, and delivery.

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Housing Wire

SEPTEMBER 27, 2023

Maxwell , a Wells Fargo -backed mortgage fintech, announced Wednesday that it has struck a deal to acquire the digital lending platform Revvin ( formerly known as MortgageHippo ) to enhance its point-of-sale technology. Marvin Chang, Revvin’s chief commercial officer, has stepped down to pursue an opportunity in academia.

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Housing Wire

APRIL 11, 2024

Adding in reverse allows all those reverse companies to pull from a commercial business, from our single-family rental business and from our forward mortgage business. That ultimately means we have more vendors, better technology and tools — we believe — than our competitors. Is that a membership MCS will continue with?

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Housing Wire

MAY 7, 2024

Mortgage capital markets tech firm Polly announced on Tuesday that it has launched “Polly/AI,” which integrates artificial intelligence (AI) technology into the newest version of its product and pricing engine (PPE) and includes a “co-pilot” for loan officers that will “process, interpret, and recommend a range of outcome-driven results.”

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Loan Officer Commercial Loans Mortgages 388

Housing Wire

AUGUST 14, 2024

Industry-leading reverse mortgage lender Finance of America (FOA) detailed some of its ambitions in appealing to senior borrowers, which includes new TV commercials that feature former American Advisors Group (AAG) turned FOA spokesman Tom Selleck. It noted that mortgage rate declines are expected to make a difference in Q3 results.

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Housing Wire

MAY 30, 2024

His expertise spans condominium conversion and development, residential sales, buyer representation and commercial transactions. McShane, who was promoted to team lead in 2023, focuses on adapting to new environments and markets and the leveraging of technology. The team mostly serves the Greater Boston area. DelRose Sr. DelRose Jr.

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Housing Wire

MARCH 19, 2024

has been in business for more than 50 years and offers regulatory compliant default, rental and real estate-owned (REO) residential and commercial property preservation services. Five Brothers, headquartered in Warren, Mich., These include services for the reverse mortgage industry, marking MCS’ initial entry into the sector.

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Housing Wire

JANUARY 29, 2024

Over the next few years, dramatic home price appreciation and the downturn in commercial real estate have the potential to significantly increase residential real estate taxes. At the same time, many observers are predicting a downturn in commercial real estate values. Will all the worst-case scenarios happen all at once?

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Housing Wire

MARCH 28, 2024

The digital lender made changes in its commercial operating model to achieve this goal and will continue to invest in Tinman, its proprietary technology platform. Better has been launching digital products with its proprietary technology, including digital VA loans and a one-day mortgage product. million in full year 2022.

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Housing Wire

SEPTEMBER 1, 2023

Meanwhile, Spring EQ will be able enhance its platform through further investments in technology, new commercial opportunities and growth-based operational initiatives, the company said. The terms of the deal were not disclosed. accelerates. The deal is subject to customary closing conditions and regulatory approvals.

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Housing Wire

FEBRUARY 24, 2022

Agency title premiums and commercial title revenue also increased 23% and 70%, respectively during the fourth quarter. Commercial orders also increased, with the number of commercial orders opened increasing 13% and the number of commercial orders closed increasing 17% year over year. billion, with $1.0 in Q4 and 21.7%

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Housing Wire

MARCH 5, 2024

A mortgage industry veteran, Vas has served since October 2023 as the president of tech company Pagaya Technologies Ltd., A mortgage industry veteran, Vas has served since October 2023 as the president of tech company Pagaya Technologies Ltd., Kasnet, chairman of Two Harbors, said in a statement.

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Housing Wire

MARCH 13, 2024

While ChatGPT might be making headlines, the true killer apps of the AI revolution will add the technology to software that agents already know and love. Since real estate tech changes by the hour these days, we did a deep dive into the most helpful AI tools for real estate agents on the market today. Visit Reimaginehome 5.

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Housing Wire

MARCH 30, 2022

The title insurance space isn’t generally known for placing outsized bets on technology. We caught up with Hurst to talk about his new role and why the firm is looking to invest in commercial real estate tech startups and mortgage tech firms. The second area we have been focused on is commercial real estate. As of Sept.

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