Housing Wire

NOVEMBER 22, 2023

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. There’s an entire industry built upon the “What’s next?”

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Housing Wire

OCTOBER 21, 2024

Encompass by ICE Mortgage Technology aims to provide a flexible end-to-end solution for lenders in a modern market. From origination to closing, it covers all lending channels in one system. “We’re always looking for ways to make the loan process smoother,” an ICE Mortgage Technology representative explained.

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Housing Wire

OCTOBER 7, 2024

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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Housing Wire

MAY 13, 2024

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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Housing Wire

OCTOBER 31, 2023

HousingWire recently spoke to Sandra Madigan, EVP of product strategy – servicing technology at ICE Mortgage Technology , about improving the home buying and ownership experience with technology and how the industry can do so thoughtfully. Sandra Madigan: I would start by saying that there is no true fully digital experience.

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Housing Wire

SEPTEMBER 15, 2020

The virtual notary services industry has become increasingly popular amid the COVID-19 pandemic as businesses have adopted remote signatures to adhere to social distancing protocols while closing on mortgages and other loans. In July, DocuSign acquired Austin-based startup Liveoak Technologies for $38 million in an all-stock transaction.

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Housing Wire

JUNE 1, 2022

One avenue to reduce cost and streamline the closing process is to offer digital closings. Lenders and title agents also reported they can close more loans faster with the same or fewer people, and improve overall loan quality by reducing critical errors, avoiding missed signatures and unnecessary rework.

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Closing Title Loans Technology 381

Housing Wire

JANUARY 18, 2024

Dark Matter Technologies , formerly Black Knight Origination Technologies, is gearing up to bring more lenders on to use its Empower loan origination system in 2024. Read on to learn more about how Dark Matter Technologies’ plans increase market share and utilize AI in its LOS.

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Housing Wire

SEPTEMBER 5, 2023

I sat down with Tim Bowler, president of ICE Mortgage Technology, a business unit of ICE, to talk about the company’s mortgage automation strategy — and what keeps him up at night. Sarah Wheeler: ICE’s acquisition of Black Knight just closed today. SW: ICE Mortgage Technology is known for its focus on automation.

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Housing Wire

MARCH 28, 2023

Cenlar FSB , the nation’s second-largest mortgage servicer and largest subservicer, has named Rene Gonzales as its new chief technology officer (CTO), according to an announcement on Tuesday. Gonzales initially joined Cenlar in 2018 as its SVP of infrastructure and engineering.

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Housing Wire

MARCH 22, 2023

HousingWire recently spoke to Tom Kriby, vice president of client development and partnerships at Westwood Insurance Agency, about how working with an insurance agency can simplify the closing process for their customers, even in times of interest rate uncertainty. TK: When it comes to closings, it’s all about keeping it simple.

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Housing Wire

AUGUST 1, 2024

The Community Home Lenders of America (CHLA) on Thursday issued a comment letter to the Consumer Financial Protection Bureau (CFPB), saying that a major reason for the increase in mortgage closing costs from third parties is due to a lack of competition among third-party providers.

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Housing Wire

SEPTEMBER 21, 2023

HousingWire Editor in Chief Sarah Wheeler sat down with Jimmy Kelly, president and CEO of Lone Wolf Technologies , to discuss the company’s development process and his vision for a connected real estate platform. That is a lot of technology and a lot of wasted effort. This interview has been edited for length and clarity.

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Housing Wire

OCTOBER 6, 2023

Closings in particular involve multiple stakeholders, each of whom has different requirements, processes and technologies that make collaboration between parties a time-consuming and error-prone exercise. The Snapdocs eClose platform connects every participant in the closing process through one easy-to-use interface.

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Closing Technology Industrial Development 327

Housing Wire

APRIL 18, 2023

According to Sawan Tivakaran, SVP, titlegenius Product Owner, “Homebuyers continue to cite the closing process as one of the most stressful events in their lives. Radian has developed titlegenius to help improve the closing process for homebuyers, sellers and lenders alike.

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Housing Wire

MAY 8, 2023

Fintech software and hardware company Mortgage Automation Technologies, Inc. announced on Monday that it has integrated its next-generation point of sale system, The BIG Point of Sale, on the latest API Platform available through ICE Mortgage Technology , a division of Intercontinental Exchange, Inc.

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Technology Sales Mortgages Pre-approval 289

Housing Wire

JANUARY 8, 2021

This year, eClosings surged as remote online notarization became more popular and consumers looked for alternative ways to close on a home. Moving forward, the Mortgage Industry Standards Maintenance Organization , a not-for-profit subsidiary of the Mortgage Bankers Association , will continue to focus on digital closings.

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Housing Wire

DECEMBER 5, 2024

Without accountability, even the best leads won’t translate into closed deals. Step 4: Develop a recruitment and retention strategy Attracting and retaining top talent is critical to scaling your team. Offer training, mentorship, and career development plans to support long-term success.

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Development Technology Closing Agents 364

Housing Wire

AUGUST 7, 2020

Ubitquity , developer of a blockchain-secured platform for real estate and title recordkeeping, has announced a new partnership with Rainier Title. Blockchain is technology that was created initially as the record-keeping technology behind the bitcoin network, but over time, its use has expanded.

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Housing Wire

MAY 23, 2023

To break into appraising, you need to essentially apprentice with an existing appraiser, and for them to spend that much time training you often requires them to already have a close relationship with you. Tara Dugan, who works in marketing and real estate for Tavant, said that technology should focus on integrations and aggregations.

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Housing Wire

AUGUST 18, 2021

The global pandemic hit our industry like a pair of defibrillator paddles, bringing mortgage industry CFOs to life and sending millions of dollars into new technology investment and implementation. Development of this technology was slow initially compared to other markets, but COVID has accelerated it into high gear.

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Housing Wire

OCTOBER 23, 2024

Through employee feedback and work with its technology partners, Rate has optimized the platform and is ready for a broader marketing push to consumers. Do you closely analyze your competitors on major projects like this and, if so, what have you learned in this instance? Additionally, with Prajna Inc. ’s

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Mortgages Technology Loans Development 387

Housing Wire

NOVEMBER 19, 2020

NotaryCam Founder Rick Triola said the company recognized the need for industry-wide RON standards and that NotaryCam has been a long-time MISMO supporter and collaborator in the development of those standards to promote consistency across mortgage industry practices and state regulations. “As How 2020 continues to impact mortgage closings.

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Principal Technology Development Mortgages 445

Housing Wire

DECEMBER 1, 2021

The housing industry has been working in overdrive over the last few years to shed the idea that its technology is antiquated and outdated. President, HomeLight Closing Services. Chief Technology and Security Officer. CTO, Surefire – Origination Technologies. EVP, Chief Technology Officer. EVP, Technology.

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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 431

Housing Wire

NOVEMBER 3, 2021

Look, similar to other technology companies that have gone before us, we strongly believe in taking big swings and failing fast. Those were Zillow CEO Rich Barton’s closing remarks on Tuesday’s earnings call, after the CEO shockingly announced the wind down of the Zillow Offers iBuying program, plus a pending lay off of 2,000 employees.

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Technology Development Closing As-is 452

Housing Wire

OCTOBER 7, 2024

The holistic approach: A paradigm shift in quality control The traditional view of QC as a post-closing audit function is rapidly becoming obsolete. ” This approach involves analyzing data from post-closing reviews to inform pre-funding discretionary sampling.

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Lending Mortgages Technology Loans 403

Housing Wire

NOVEMBER 14, 2024

It also provides your agents with consistent closings, creating a more predictable and growth-focused pipeline. By keeping your P&L lean and efficient, you can reinvest savings into growth-focused activities like marketing, agent development or technology upgrades—all of which drive long-term success. Ready to accelerate?

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Brokerage Technology Agents Closing 370

Housing Wire

APRIL 7, 2021

Technology has given consumers the power of choice and expedited the entire real estate purchasing process. Successful agents, brokerages and loan officers of the future are going to rely significantly on technology to find, nurture and engage with buyers and home sellers while also playing an expanding role as personal advisors.

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Marketing Technology Loan Officer Brokerage 545

Housing Wire

SEPTEMBER 11, 2024

ICE Mortgage Technology will be sunsetting legacy integrations for its flagship Encompass platform by Oct. In doing so, ICE is pushing companies to Encompass Partner Network and Encompass Development Partner Connect , which use a more secure, cloud-based open application programming interface (API) structure that launched in 2021.

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Industrial Mortgages Technology Development 389

Housing Wire

SEPTEMBER 6, 2024

In an industry where managing a web of technology vendors to support LO’s sales and marketing needs has become overwhelmingly complex, inefficient and creates unnecessary security and compliance risks, CANDID is quickly becoming a leader in transforming how mortgage lenders operate.

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Mortgages Technology Staging Industrial 459

Housing Wire

AUGUST 12, 2020

This morning, Blend President Tim Mayopoulos (and former CEO of Fannie Mae ) told me that Blend didn’t necessarily “need” the funding but saw the value in accelerating its product development plans. To that end, Blend plans to use the new capital to invest in product development such as speeding up the release of its digital closing solution.

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Loans Banks Loan Officer Branding 500

Housing Wire

NOVEMBER 22, 2023

Editor in Chief Sarah Wheeler sat down with Scot Rose , CIO at Class Valuation , to talk about innovation in the appraisal space and how the technology being deployed for appraisal modernization can actually protect appraisers. SW: How do you think about technology and prioritizing what to do next? What’s changing there?

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Technology Due diligence Development Loan Officer 438

Housing Wire

NOVEMBER 13, 2020

In fact, the company reports that more than 60% of its Zillow Offers customers closed on their home through RON. The second win, maybe even mightier than the first, the technology tailwind,” Zillow CEO Rich Barton said in the earnings report. This increase in tech usage is now driving up the company’s earnings.

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Technology Residential Closing Industrial 454

Housing Wire

JULY 26, 2021

New entrants continue to join the market with better technology and digital processes to simplify the loan process and provide fast closing experiences to meet consumer needs. In 2019, for example, one national lender reportedly spent $100 million to develop a digital platform that could originate and close transactions in eight days.

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Housing Wire

JULY 26, 2021

In its analysis of Q2 2021 figures surrounding mortgage and real estate closings, FundingShield found an overall increase in the risk of wire and title fraud, with two in five (40%+) transactions categorized as high risk. increase in state licensing issues and invalid or non-identifiable licenses of closing agents. Additionally, 15.4%

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Title Banks Closing Technology 493

Housing Wire

APRIL 9, 2024

It’s supported by Varun Krishna , a veteran in the financial technology world and former executive at Intuit and PayPal , who was appointed as the company’s new CEO in July 2023, replacing Bob Walters. The lender says the technology allows the company to close loans 2.5 Rampell co-founded several fintech firms, including Affirm.

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Loans Technology Mortgages Finance 391