Housing Wire

JANUARY 31, 2025

And the company’s servicing portfolio, measured by unpaid principal balance (UPB), rose 10% during the year to $665.8 “Our best-in-class management team has built a platform with significant scale and remains committed to unlocking additional efficiencies through continued investments in workflow and technology.

Principal 366

Principal Lending Equity Mortgages 366

Housing Wire

FEBRUARY 6, 2025

Around the same time , Rithm also struck a $720 million deal for Computershare Mortgage Services and its subsidiary, Specialized Loan Servicing , which brought $136 billion in unpaid principal balance (UPB) to Rithms servicing book. Sculptor added another $1 billion in assets during the past year, according to the 2024 earnings report.

Loans 411

Loans Equity Principal Mortgages 411

Housing Wire

AUGUST 9, 2023

Unlike others that are more reactive to cyclical market conditions, we will continue to be aggressive in our technology and product investments. billion in the unpaid principal balance of MSRs as of June 30, 2023, compared to $297.9 The company’s GAAP net income in Q2 was $228.8 UWM originated $31.8 UWM had $294.9

As-is 370

As-is Principal Mortgages Loans 370

Housing Wire

JANUARY 10, 2025

Brown also served as managing director of sales for mortgage technology firm Black Knight , as chief revenue officer for Lift Strategic Partners and as principal for Brown Derby Consulting. Brown expressed excitement over his new role and said he intends to continue serving customers with new solutions.

Principal 370

Principal Lending Development Mortgages 370

Housing Wire

JANUARY 21, 2025

Digital technologies help lenders reduce errors, cut costs, and shorten processing times. They also manage Principal and Interest (P&I) and Taxes and Insurance (T&I) advances and recoveries. In 2023, they reported that overall satisfaction scores are 119 points lower when customers dont choose their servicer.

Mortgages 370

Mortgages Investor Loans Principal 370

Housing Wire

JULY 11, 2024

Fintech firms Rocktop Technologies and LiquidFi on Thursday announced a milestone in their business partnership that was formed earlier this year. At the same time, LiquidFi — an asset tokenization platform for mortgage investors — has used its patented technology to create digital assets on more than $7.7 billion in UPB.

Due diligence 435

Due diligence Mortgages Investor Technology 435

Housing Wire

FEBRUARY 2, 2021

The total principal value of the digital pools came to about $24 million. This event is the culmination of efforts by numerous internal and external stakeholders in our digital initiatives, including issuers, document custodians, warehouse lenders, technology providers and other industry partners.”. Presented by: CoreLogic.

Principal 513

Principal Closing Loans Mortgages 513

Housing Wire

FEBRUARY 13, 2025

The deal leaves room for reinvestment via a two-year window, allowing investors to reuse principal payoffs to purchase newlyoriginated loans. The deal leaves room for reinvestment via a two-year window, allowing investors to reuse principal payoffs to purchase newlyoriginated loans. billion since 2019. million received a 21.8%

Land 259

Land Investor Principal New Construction 259

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.

Technology 459

Technology Principal Commercial Loans 459

Housing Wire

SEPTEMBER 10, 2024

Rocket Companies , the parent of Rocket Mortgage , has set ambitious goals to increase market share by 2027 using its multichannel reach, its origination and servicing flywheel, and its advanced technology platform. billion in unpaid principal balance (UPB) at the end of the second quarter. But that $10.4 The company held $534.6

Mortgages 459

Mortgages Marketing Principal Technology 459

Housing Wire

AUGUST 16, 2024

Our team operates as a boutique group with a strong commitment to honesty, integrity, and making our clients’ days brighter with a touch of fun and a smile,” Denise Bodman, the group’s co-principal, said in a statement. The eight-person Prospect Real Estate Team is taking its talents to Compass, adding a group that’s produced $1.21

Principal 448

Principal Brokerage Development Construction 448

Housing Wire

DECEMBER 30, 2020

2020 served as a real litmus test for mortgage technology and fintech. Between having to transition whole teams to work from home — in some cases over just a weekend — to dealing with crushing origination volume, companies could clearly see the advantages or disadvantages of the technology they had invested in. .

Principal 459

Principal Technology Development Mortgages 459

Housing Wire

JULY 31, 2024

Department of Housing and Urban Development (HUD) visited the University of Alaska at Fairbanks to tout the possibilities that 3D printing technology could bring to the construction of affordable housing in the U.S. Beyond HUD, the university and the city of Nome, other partners include the Alaska Housing Finance Corp. ,

Construction 459

Construction Technology Principal Development 459

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.

Technology 448

Technology Principal Commercial Mortgages 448

Housing Wire

SEPTEMBER 26, 2023

The team of three, led by principal Liz Quinn, was previously affiliated with Realty Executives. Realty Group hopes to leverage the Compass client referrals network, along with the brokerage’s strategic support and end-to-end technology platform. “Our Quinn & Co. We are thrilled to welcome Quinn & Co. Quinn & Co.

Principal 435

Principal Technology Agents Industrial 435

Housing Wire

SEPTEMBER 28, 2020

This system uses virtual reality technology which allows clients to be put in a virtual representation of a property that hasn’t been built yet. This project has been in development for just over a year, and now gives potential homebuyers the chance to tour a home that hasn’t been built yet with its virtual reality technology.

Brokerage 544

Brokerage Principal Development Technology 544

Housing Wire

JUNE 5, 2024

Top mortgage technology executives say their companies are embracing artificial intelligence (AI) in their operations but still relying on human decision-making to sell loans. ” Jason Bressler, executive vice president and chief technology officer at United Wholesale Mortgage (UWM), said. People who use AI will replace your job.”

Mortgages 459

Mortgages Loan Officer Technology Loans 459

Housing Wire

NOVEMBER 7, 2023

The company also increased its agents count by 4%, reaching 14,055 principal agents in Q3. That’s a 4% year-over-year increase of 511 principal agents since Q3 2022 and a 3% increase of 422 agents compared to the second quarter of 2023. Revenue decreased by 10% year over year to $1.34 Revenue was revised down to $241.20

Principal 435

Principal MLS Agents Brokerage 435

Housing Wire

MARCH 15, 2024

So why aren’t more commercial real estate (CRE) entities – investors , principals, banks, law firms or developers – seeking the same? A significant opportunity To be sure, there are title agencies eager to partner with CRE principals and funds. Market conditions have certainly trended downward for residential or commercial real estate.

Commercial 448

Commercial Brokerage Due diligence Title 448

Housing Wire

OCTOBER 13, 2023

The Connecticut-based Beinfield Team returned to Compass , the company announced on Tuesday. “This transition is all about securing the future success of my team,” Liz Beinfield, the team’s principal agent, said in a statement.

Principal 459

Principal Brokerage Technology Agents 459

Housing Wire

DECEMBER 14, 2023

Of the nine open board of director seats, four went to MLS or Realtor association representatives and five went to members representing technology companies, developers, partners or consultants. The Real Estate Standards Organization is welcoming many new and returning board of director members in 2024.

MLS 448

MLS Technology Principal Industrial 448

Housing Wire

FEBRUARY 17, 2021

In exchange, @Properties is offering its marketing department, their proprietary technology @platform, and potential financial assistance in a firm’s expansion. I literally met with absolutely everybody,” Walstrom added, stating he found @properties’ marketing and technology superior. Presented by: Motto Mortgage.

Brokerage 418

Brokerage Principal Technology Equity 418

Housing Wire

NOVEMBER 2, 2023

This was the first earnings delivered by Rocket’s new CEO, Varun Krishna , who focused his conversation with analysts on the potential of artificial intelligence (AI) and other technologies to transform the business. Rocket’s servicing book unpaid principal balance, which includes subserviced loans, was $506 billion as of Sept.

Principal 448

Principal Loans Technology Mortgages 448

Housing Wire

NOVEMBER 19, 2020

While some states, like California , have put up more of a battle against the technology, support from the industry has been loud and clear. Department of Housing and Urban Development and as the principal executive vice president of Ginnie Mae. As for MISMO, changes are underway at the executive level with a Nov.

Principal 468

Principal Technology Development Industrial 468

Housing Wire

JANUARY 10, 2022

PennyMac Financial Services announced today that it’s launching a new technology platform for its broker channel, and it has rebranded its broker division from PennyMac Broker Direct to Pennymac TPO. ” The timeline for the platform’s launch has not been made public. As of Sept. As of Sept.

Principal 397

Principal Lending Technology Loans 397

Housing Wire

NOVEMBER 4, 2022

Since the start of Game On, we’ve had thousands of loan officers try us for the first time, experiencing our technology, our services and quickly realizing that partnering with UWM can help them win in any market.”. UWM had $306 billion in the unpaid principal balance of MSRs as of September 30, compared to $308.1 UWM had $799.5

Principal 87

Principal Loan Officer Loans Mortgages 87

Housing Wire

JULY 12, 2023

BlackFin Group announced on Wednesday the appointment of Christopher Call as the principal consultant on the BlackFin Group Professional Services team. In this new role, Call will assume leadership of the expanding team. “I am eager to serve our clients by delivering on their critical business needs,” Call said. “We

Principal 369

Principal Technology Banks Mortgages 369

Housing Wire

MARCH 5, 2024

A mortgage industry veteran, Vas has served since October 2023 as the president of tech company Pagaya Technologies Ltd., Two Harbors’ originations business will hedge its servicing portfolio of $216 billion in unpaid principal balance (UPB) as of Dec. Kasnet, chairman of Two Harbors, said in a statement.

Principal 446

Principal Commercial Loans Mortgages 446

Housing Wire

AUGUST 12, 2022

Fannie Mae has launched its fourth reperforming-loan sale of the year — an offering of 6,130 loans with an unpaid principal balance of $997 million. million in unpaid principal balance; pool 2 is at $342.5 As the mortgage world becomes more technologically interconnected, the risks to cybersecurity, data and infosecurity increase.

Loans 397

Loans Purchase and sale agreement Principal Due diligence 397

Housing Wire

JANUARY 5, 2022

Think technology and service providers, too — a smaller mortgage market affects everyone. Only people, NOT TECHNOLOGY — can fill the knowledge gap. Dan Green is Principal at The BlackFin Group. I do hope everyone had a joyous holiday season, spending some relaxing time with family and friends. The holiday season is winding down.

Industrial 476

Industrial Mortgages Principal Technology 476

Housing Wire

MARCH 19, 2024

Five Brothers expressed enthusiasm “to be joining forces with MCS to continue providing necessary and valuable nationwide field services, advanced technologies and unrivaled reverse/Home Equity Conversion Mortgage (HECM) expertise to its clients,” president and CEO Nickalene Badalamenti-Kalas said in a statement. “We

Mortgages 448

Mortgages Principal Commercial Real-estate owned 448

Housing Wire

JANUARY 8, 2021

Department of Housing and Urban Development and as the principal executive vice president of Ginnie Mae. This year, eClosings surged as remote online notarization became more popular and consumers looked for alternative ways to close on a home. Before starting as president of MISMO on Dec. In the computer industry you have USB functionality.

Development 482

Development Technology Industrial Closing 482

Housing Wire

OCTOBER 13, 2021

has raised $175 million to accelerate growth and fund new technologies , just 16 months after relaunching its operations. Principals of the private holding company StoicLane led the round, the firms said on Wednesday. Last year, Interfirst relaunched its services with a new proprietary loan origination technology platform.

Mortgages 428

Mortgages Loan Officer Investor Loans 428

Housing Wire

SEPTEMBER 1, 2023

Through the development of improved and sophisticated systems, protocols and technology, these operations leaders are driving their companies to growth and success. In its 8th year, the HW Insiders program is spotlighting the talented operations professionals who are laying the foundation of success for their organizations.

Technology 476

Technology Title Development Lending 476

Housing Wire

MAY 31, 2021

His list of accomplishments includes being the principal drafter of the mortgage forbearance program enacted through the CARES Act, which reshaped the mortgage industry and enabled more than 4 million homeowners to hit the pause button on their mortgage. Senate Finance Committee. This content is exclusively for HW+ members.

Principal 432

Principal Banks Finance Technology 432

Housing Wire

FEBRUARY 16, 2023

LauraMac, a provider of mortgage loan review SaaS technology, has appointed Rick Seehausen as its chief strategy officer. Prior to joining LauraMac, he served as a principal at LauraMac’s parent company Calterra Capital, where he continues to be an executive advisor to personal holdings. where he will continue to serve in this role.

Loans 396

Loans Technology Principal Development 396

Housing Wire

APRIL 24, 2024

Thanks to our strategic emphasis on technology, including years of investment in AI and the cloud, Mr. Cooper is well positioned to provide our customers with world-class service, operate as a trusted counterparty for our industry stakeholders, and grow and sustain investor returns.” billion in unpaid principal balance (UPB).

Equity 415

Equity Lending Principal Technology 415