Housing Wire

MARCH 13, 2023

The Federal Deposit Insurance Corporation (FDIC) has named former Fannie Mae CEO and Blend president Tim Mayopoulos as CEO of Silicon Valley Bank N.A. , an FDIC-operated “bridge bank” meant to protect all depositors of the now shut-down Silicon Valley Bank (SVB). The bank failed to raise capital to plug a $1.8

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Housing Wire

FEBRUARY 21, 2023

Miami-based fintech provider LoanPASS has integrated with ICE Mortgage Technology, a division of global data, technology, and market infrastructure provider Intercontinental Exchange, Inc. Benchmark Administration (IBA), will step in as president of ICE Mortgage Technology starting March 1.

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Technology Mortgages Commercial Loans 370

Housing Wire

FEBRUARY 5, 2021

Multi-year HousingWire Tech100 winner Built Technologies , a construction finance software and construction payment technology company, closed an $88 million Series C funding round. Last year, Built acquired lienwaivers.io , a provider of lien waiver management and payment solutions for commercial and residential construction.

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Technology Closing Construction Commercial 373

Housing Wire

OCTOBER 5, 2023

AI and data-led fintech company Pagaya Technologies named Sanjiv Das as president. He has also held senior roles at Morgan Stanley , American Express and Bank of America. Das, a former CEO of Caliber Home Loans , will begin his new role on Oct. The executive replaces Ashok Vaswani, who served as Pagaya’s president since June 2022.

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Technology Loans Lending Residential 435

Housing Wire

NOVEMBER 30, 2020

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.

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Technology Mortgages Due diligence Commercial 370

Housing Wire

JULY 31, 2023

Flagstar Bank , a top-25 U.S. Flagstar made news in recent months, expanding its footprint and further diversifying its business model with the completion of the merger with New York Community Bancorp (NYCB) and the acquisition of certain financially and strategically complementary parts of Signature Bank.

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Banks Mortgages Commercial Lending 370

Housing Wire

MARCH 15, 2023

Silicon Valley Bank resumed mortgage originations on Tuesday via its newly established “bridge bank” — just four days after California state regulators took possession of the financial institution and appointed the Federal Deposit Insurance Company (FDIC) as receivers. venture-backed technology and healthcare companies.

Banks 370

Banks Mortgages Loans Loan Officer 370

Housing Wire

MAY 24, 2021

Stavvy, a Boston-based fintech, announced Monday that it landed a $40 million Series A funding round led by Morningside Technology Ventures. Servicers must be powered by nimble technology to be heroes to borrowers, stalwarts to investors, and stewards of consumer protection to regulators. Presented by: Sagent Lending Technologies.

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Land Lending Technology Banks 448

Housing Wire

SEPTEMBER 13, 2024

Buffalo, New York-based mortgage technology firm LenderLogix , a top provider of point-of-sale (POS) and automation software for independent mortgage banks , commercial banks and third-party brokers, announced Thursday that Ben Head will join the company as an account executive.

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Sales Mortgages Loan Officer Technology 435

Housing Wire

FEBRUARY 22, 2021

Find the right mortgage with a local broker and Rocket technology,” intoned the narrator on the commercials, which premiered during the Super Bowl. They surpassed Well Fargo through persistent marketing (ginning up interest in the Rocket app), robust customer service and benefited from industry-wide retreat from the depository banks.

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Loan Officer Commercial Banks Mortgages 493

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. Burns follows up with a question on how Pretium’s construction lending platform sets them apart, as well as the company’s interest in land banking.

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Lending Banks Loans Residential 459

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. As every consumer facing commercial platform will attest — payments are the prize. What’s next?

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Commercial Technology Investor Title 435

Housing Wire

OCTOBER 30, 2020

Once he takes over as CEO, Floyd said he intends to use his role to help further the adoption of new technology in the title industry. Mortgage Contracting Services , a national provider of residential and commercial property services, hired Jason Myers as vice president of business development. and as president of SKLD Title Services.

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Housing Wire

SEPTEMBER 24, 2024

Founded in 2016, it connects small-balance residential and commercial mortgage originators with institutional capital. Mac has over 25 years of experience in fixed income, capital markets, and investment banking in the mortgage industry,” Beacham said in a statement.

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Residential Commercial Finance Loans 434

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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Lending Loan Officer Loans Technology 468

Housing Wire

MAY 30, 2024

His expertise spans condominium conversion and development, residential sales, buyer representation and commercial transactions. also serves as a trustee at Watertown Savings Bank. McShane, who was promoted to team lead in 2023, focuses on adapting to new environments and markets and the leveraging of technology. DelRose Sr.

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Brokerage Residential Commercial Development 459

Housing Wire

APRIL 14, 2022

A seasoned retail and commercial banking salesman in Fort Wayne, Indiana, the 39-year-old Woodward joined Interfirst Mortgage as a loan officer in October 2020 after a recommendation from an old college friend. ” Traditional banks have proximity to borrowers due to a preponderance of local branches across the country.

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Mortgages Marketing Lending Loans 526

Housing Wire

APRIL 4, 2022

SitusAMC on Monday announced the launch of its Warehouse Administration Services, “a comprehensive suite of technology-enabled turnkey services” that it says will help warehouse lenders reduce costs by as much as 30%, according to a company-issued news release. What are the building blocks of digital lending? Presented by: Wolters Kluwer.

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Lending Technology Commercial Finance 397

Housing Wire

SEPTEMBER 20, 2024

Kevin Wilzbach : Without question, the growth in the use of AI and particularly GenAI has been transformational for the banking industry. 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.

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Lending Industrial Mortgages Technology 459

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.

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Technology Title Development Lending 476

Housing Wire

MARCH 5, 2024

A mortgage industry veteran, Vas has served since October 2023 as the president of tech company Pagaya Technologies Ltd., He oversees the strategy and growth of Pagaya’s commercial business – including its single-family rental business and its subsidiary Darwin Homes. Before joining Pagaya, Vas was CEO of Caliber Home Loans.

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Principal Commercial Loans Mortgages 446

Housing Wire

JUNE 1, 2021

“Integrating Surefire’s capabilities within the wider Black Knight mortgage technology ecosystem will make it possible for lender clients of all sizes to close more loans and create customers for life.” The post Black Knight continues buying spree, acquires Top of Mind appeared first on HousingWire.

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Loan Officer Loans Banks Commercial 459

Housing Wire

JUNE 25, 2021

The good news is the technology and data needed to meet growing borrower expectations and stay on par with industry trends are already available. The Work Number serves both the digital and traditional borrower by reducing the need for long, drawn-out paper-based processes or requests for sensitive banking log-in credentials.

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Lending Commercial Technology Loans 448

Housing Wire

APRIL 28, 2021

The parent company of Veritex Community Bank will acquire a 49% stake in Texas-based mortgage lender Thrive Mortgage , the firms announced late Tuesday afternoon. Veritex is one of Texas’ largest banks, with $8.8 billion purchase of Caliber Home Loans , New York Community Bank ‘s pending $2.6 It posted net income of $31.8

Mortgages 370

Mortgages Lending Banks Loans 370

Housing Wire

MARCH 21, 2024

Mike Fratantoni , the chief economist and senior vice president of research and industry technology at the Mortgage Bankers Association (MBA), addressed three major challenges in the housing market during testimony before the U.S. banks in comparison to international standards.

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Industrial Banks Residential Lending 453

Housing Wire

JULY 1, 2024

Devon Bevis Senior Vice President Correspondent & Co-Issue Sales Mr. Cooper Dionna Hall Chief Executive Officer Broward, Palm Beaches & St.

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Lending Technology Mortgages Equity 493

Housing Wire

OCTOBER 26, 2022

According to a statement from Revvin, the new brand is reflective of the company’s focus on its lending platform and is a better fit for its mission to democratize technology, which allows all financial institutions to act as cutting-edge fintech, no code required. “In Black Knight reported a record of $4.3 trillion in refinances and $1.5

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Lending Technology Branding Loans 370

Housing Wire

JANUARY 5, 2021

The Housing Policy Council has weighed in on the Conference of State Bank Supervisors’ new proposed standards for nonbank mortgage servicers. Effective solutions must be purpose-built for mortgages, rather than adapted horizontal technology. Achieving touchless mortgage automation. Presented by: SoftWorks AI.

Mortgages 421

Mortgages Banks Commercial Technology 421

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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Title Mortgages Commercial Technology 370

Housing Wire

APRIL 28, 2022

First the market is shifting away from refinance transactions towards purchase and commercial transactions, which is where we have a greater market share. Second, we are the only title company that has a bank which will enable us to capitalize on higher interest rates to a greater extent than our competitors.”.

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Title Commercial Closing Loans 397

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.

Commercial 448

Commercial Residential Technology Industrial 448

Housing Wire

SEPTEMBER 30, 2021

Due to the platform’s open architecture, users have access to a robust set of APIs, as well as admin, workflow and UI design tools that allow them to extend and customize their technology strategy to meet the unique needs of their business. Pete Espinosa, Chief Executive Officer of Mortgage Cadence.

Mortgages 362

Mortgages Technology Lending Design 362

Housing Wire

FEBRUARY 21, 2024

Graduates of the program commonly find job placements with lenders, technology companies, fintech and proptech firms, or title companies. MBA entry-level initiative In a parallel effort, the Mortgage Bankers Association (MBA) introduced “Mortgage Banking Bound” in 2023. In 2023, the survey found that 58.6% were women.

Mortgages 461

Mortgages Title Marketing Lending 461

Housing Wire

FEBRUARY 10, 2022

Hayden, who will serve on the GSE’s committees for operations and technology, as well as the committee on risk, started his career as a loan officer and loan purchaser. He was most recently CEO of Hayden Consulting , which advises mortgage banks, commercial banks, thrifts, REITs, and private equity firms.

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Loan Officer Finance Loans Banks 418

Housing Wire

SEPTEMBER 25, 2020

Fintech company Sagent announced it hired veteran technology leader Uday Devalla as its new chief technology officer. Most recently, he served as a vice president of commercial services for a national title company. mortgage originations.

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Title Mortgages Technology Lending 297

Housing Wire

SEPTEMBER 15, 2020

This article was written for FinLedger, HW Media’s new fintech focused news brand designed specifically for financial services professionals in banking, payments, insurance and proptech. In July, DocuSign acquired Austin-based startup Liveoak Technologies for $38 million in an all-stock transaction.

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Closing Loans Banks Investor 505

Housing Wire

MARCH 28, 2022

commercial spaces/building and residential homes/townhomes) and inconsistent transactional processes, fragmentation in the market has prevented real-estate from adopting technology as quickly as other sectors – until now. So, what are the technologies and trends iBuyers are using to fix fragmentation in the market?

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Marketing Title Closing costs Technology 397