Remove Banks Remove Closing Remove Technology
article thumbnail

Windsor Mortgage CEO explores technology services, coaching in the wholesale market

Housing Wire

In the most recent episode of the Power House podcast, host and HousingWire President Diego Sanchez sits down with Chris Vinson, CEO of Windsor Mortgage , a division of Plains Commerce Bank. The conversation covers Windsor’s growth and success in recent years, including its focus on wholesale lending , technology and coaching.

article thumbnail

Lenders can use closing technology as a bargaining chip

Housing Wire

While new technologies have a reputation for breaking the bank, the average lender only budgets less than 10% of their overall operations costs for technology. Without loan officer adoption, that spend becomes frivolous, making a lender’s decisions on which technologies to include in the tech stack extremely important.

Insiders

Sign Up for our Newsletter

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

article thumbnail

A&D Mortgage closes Mr. Cooper wholesale, non-del acquisition

Housing Wire

Today, A&D Mortgage announced the official closing of its acquisition of the wholesale and non-delegated correspondent mortgage business from Mr. Cooper Group. Mr. Cooper previously acquired the wholesale and nondelegated mortgage business assets as part of its Flagstar Bank transaction in November 2024.

Closing 221
article thumbnail

Swiss bank UBS closes deal to sell U.S. servicer

Housing Wire

Executives at Swiss bank UBS said on Wednesday that they’ve struck a deal to sell Credit Suisse ’s U.S. servicing business, expected to close in the first quarter of 2025, benefits the bank by reducing costs and lowering risk for its balance sheet. servicing business. In the U.S., Reuters first reported on the transaction.

Banks 435
article thumbnail

First Federal Bank to acquire Watson Mortgage Corp.

Housing Wire

Florida-based First Federal Bank announced on Thursday that it struck a deal to acquire Watson Mortgage Corp., First Federal Bank has 25 branches in the Southeast and operations in the Midwest, including mortgage centers in Jacksonville, Florida ; Alpharetta, Georgia; Madison, Wisconsin; and Overland Park , Kansas.

Banks 448
article thumbnail

Qualia launches Bank Partner Network for title company customers

Housing Wire

On Tuesday, the firm announced the launch of the Qualia Bank Partner Network. The banks in the network include BankUnited , Capital Bank , Citizens , Encore Bank and Emigrant Bank. Additionally, the companies in the network will receive specialized support from a dedicated banking division.

Title 432
article thumbnail

Here are the 2025 Tech100 Mortgage Honorees

Housing Wire

Now in its 13th year, the Tech100 program serves as a trusted resource for housing professionals, providing a definitive list of the industrys top technology providers. These companies are at the forefront of solving the biggest challenges mortgage professionals face every day. Check out the full list of this years honorees below.

Mortgages 417