Housing Wire

NOVEMBER 29, 2023

Encompass by ICE Mortgage Technology is designed to enable users to manage their entire lending workflow in one place, from the customer’s initial point of thought through investor delivery. The LOS should serve as the central hub of the tech stack, allowing lenders to orchestrate their entire business from a single system of record.

Technology 434

Technology Mortgages Lending Investor 434

Housing Wire

OCTOBER 23, 2020

Stone Point Capital has purchased Vista Equity Partners’ stake in real estate software company Lone Wolf Technologies. Financial terms of the transaction with Vista Equity Partners weren’t disclosed. ” Lone Wolf provides real estate technologies to over 1.5 The HousingStack is exclusively for HW+ members.

Technology 360

Technology Equity Brokerage MLS 360

Housing Wire

JANUARY 8, 2024

Recently, new technologies have reduced costs associated with purchasing a home and provided more opportunities for first-time homebuyers to enter the market. billion, that merger ultimately cemented ICE as a market dominator of the mortgage technology sector. Innovation is not always guaranteed to succeed.

Equity 476

Equity Lending Technology Banks 476

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. SW: ICE Mortgage Technology is known for its focus on automation. Sarah Wheeler: ICE’s acquisition of Black Knight just closed today.

Technology 417

Technology Mortgages Loans Industrial 417

Housing Wire

MARCH 20, 2024

Figure Lending LLC is now operating under the umbrella of Figure Technology Solutions , independent of CEO Mike Cagney ’s Figure Technologies. Figure Technologies launched a wholesale lending platform in June 2023 that gives loan originators access to the company’s home equity line of credit (HELOC) offering.

Lending 446

Lending Equity Technology Banks 446

Inman

JANUARY 23, 2025

Brad Hargreaves, editor of "Thesis Driven," shared how he believes emerging technologies surrounding home equity, AI, ADUs, property development, off-the-grid living and driverless cars will impact residential development.

Residential 158

Residential Development Technology Equity 158

Housing Wire

OCTOBER 21, 2020

The nonbank lender, headed by former Citi mortgage executive Sanjiv Das , operates in retail, wholesale and correspondent channels, and has developed a large book of business in the purchase space. The post Ahead of its IPO, Caliber gives its private equity owner $300M in cash appeared first on HousingWire.

Equity 407

Equity Mortgages Loans Residential 407

Housing Wire

MARCH 10, 2023

Stubborn inflation and high interest rates continue to wreak havoc on the mortgage-origination market, but there is one asset class in the housing market that is arguably flourishing in these hard times – home equity. They are saying, ‘Tell me what’s working, how can I stand a program up so I can capture some of this [home-equity] business.”

Equity 370

Equity Marketing Debt-to-income ratio Lending 370

Housing Wire

MAY 14, 2024

Louis-based developer of a leading white-label financial fitness and homeownership platform, announced the closure of a $17 million Series B funding round on Tuesday. In addition to product development, FinLocker (a former HousingWire Tech 100 winner) plans to expand its strategic partnerships and collaborations within the mortgage ecosystem.

Pre-qualification 466

Pre-qualification Technology Equity Development 466

Housing Wire

JUNE 3, 2024

MoxiWorks , a real estate technology platform for agents , announced Monday that longtime CEO York Baur will be stepping down as CEO and Eric Elfman will replace him. In the news release, MoxiWorks said its technology platform has been used by more than 800 brokerages and 400,000-plus agents around the world.

Technology 446

Technology Brokerage Equity Agents 446

Housing Wire

FEBRUARY 1, 2024

Shortly after EasyKnock acquired home equity investment platform Balance Homes , the company appointed former Balance Homes co-founders Judd Schoenholtz and Aaron LaRue as chief revenue officer and chief technology officer, respectively. LaRue, meanwhile, will focus on the expansion of EasyKnock’s technology platform.

Equity 434

Equity Technology Lending Development 434

Housing Wire

MARCH 12, 2024

Lenders can also define workflows and business rules for any mortgage product, including construction loans, manufactured home loans, home equity loans and bridge loans. Unlike off-the-shelf POS solutions, Blueprint Builder allows lenders to customize technology that is designed to help improve operations, Maxwell noted.

Lending 445

Lending Technology Loans Equity 445

Housing Wire

SEPTEMBER 10, 2024

Mortgage capital markets technology firm Polly has raised $25 million to invest in research and development, product innovation and expansion, the company said on Tuesday. 8VC led the latest equity investment with participation from existing investors Menlo Ventures , Meritech , Khosla Ventures and Fifth Wall.

Mortgages 437

Mortgages Technology Banks Loans 437

Housing Wire

JANUARY 7, 2025

That means most members of the baby boomer generation are sitting on as much as $17 trillion in home equity as of the second quarter of 2024, and they are largely planning to keep that wealth within their own families. Baby boomers also expressed a desire to protect their home equity as opposed to tapping it in retirement.

Equity 387

Equity Closing costs Finance Technology 387

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

OCTOBER 24, 2024

Valon intends to use the fresh capital to boost product development and expand its reach to new markets. This new funding demonstrates that we’ve hit the milestones to prove our software is best in class and will allow us to double down on our technology to deliver even more value to the industry.” The firm is currently valued at $1.1

Mortgages 448

Mortgages Technology Equity Industrial 448

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. COVID19 certainly accelerated development and focus on servicing, coming out of 2019 with record low default and foreclosure.”. Presented by: Sagent Lending Technologies.

Land 447

Land Lending Technology Banks 447

Housing Wire

APRIL 19, 2022

Those new investments include venture capital plays, particularly in the financial-technology arena. Abate described technology as being key to “building efficiencies” to accomplish the real estate investment trust’s goals. Vesta Equity , another blockchain-enabled marketplace for tokenized home-equity investments. “As

Equity 397

Equity Technology Investor Residential 397

Housing Wire

MARCH 19, 2021

In an earnings call this week, Lennar executive chairman Stuart Miller said the move would maximize the technology investments made through LENx , the company’s primary investment vehicle. Operating margin is also above the industry average, which reflects LEN’s ability to earn a reasonable spread on land development.

Land 529

Land Development Equity Construction 529

Housing Wire

MAY 21, 2024

Zillow announced the release of an open-source tool, the Fair Housing Classifier , on Tuesday as part of the company’s efforts to “promote responsible and unbiased behavior in real estate conversations powered by large language model (LLM) technology.“ System developers have the ability to intervene in these cases. “In

Technology 446

Technology Lending Equity Development 446

Housing Wire

JUNE 2, 2022

Morgan CEO Jamie Dimon is famously no fan of crypto, the bank dove into the enigmatic world of blockchain-based finance in 2020 with the launch of Onyx , a business unit devoted to exploring and expanding the use of blockchain technologies. . also recognize the industry-changing potential of blockchain-enabled technology.

Equity 418

Equity Technology Due diligence Investor 418

Housing Wire

MAY 3, 2022

Nonbank heavyweight loanDepot will unveil a home equity line of credit (HELOC) product in the third quarter of 2022, the first offering of its recently launched mello business unit. In a traditional home equity product, the lender disburses a lump sum upfront to the borrower, who then pays the loan back in fixed-rate installments.

Equity 418

Equity Loan Officer Loans Technology 418

Housing Wire

NOVEMBER 16, 2021

Pierre Naudé, CEO of nCino, said in a statement SimpleNexus’ “innovative solution and deep subject matter expertise in consumer front-end technology will extend [nCino’s] capabilities.”. banks and credit unions, where nCino currently has over 1,100 customers.”. banks and credit unions, where nCino currently has over 1,100 customers.”.

Banks 465

Banks Technology Equity Development 465

Housing Wire

SEPTEMBER 4, 2024

The Federal Housing Administration (FHA) on Wednesday published Mortgagee Letter (ML) 2024-18 , which implements updates to debenture interest rates and reimbursements for Home Equity Conversion Mortgage ( HECM ) program claims proposed in July. HERMIT was launched by HUD in October 2012 after a protracted development cycle.

Mortgages 459

Mortgages Equity Lending Development 459

Housing Wire

APRIL 24, 2024

Additionally, its return on tangible common equity rose to 14.5% The company has started the year with excellent momentum, including return on tangible common equity rising to 14.5%,” Chairman and CEO Jay Bray said in a statement. in Q1 2024, up from 12.5% in the fourth quarter of 2023.

Equity 402

Equity Lending Principal Technology 402

Housing Wire

JULY 26, 2024

Newrez, owned by asset manager Rithm Capital , has deployed a strategy of developing its technology in-house, resulting in the creation of a chatbot for its call center representatives. He added that it’s probably easier and faster for products such as home equity lines of credit ( HELOC ).

Technology 457

Technology Mortgages Loans Equity 457

Housing Wire

AUGUST 6, 2024

Department of Housing and Urban Development (HUD), the FHA and the government-sponsored enterprises (GSEs) in collaboration with the Federal Housing Finance Agency (FHFA) — was designed to ”develop an aligned approach for both FHA-insured mortgages and those purchased or guaranteed by” the GSEs, HUD explained.

Equity 445

Equity Development Design Finance 445

Housing Wire

OCTOBER 23, 2020

As chief investment officer, Morillo will oversee the strategy and development of the company’s pricing capabilities, as well as its data science initiative, tapping into his experience in risk, modeling and asset management at some of the world’s biggest investment companies to help grow Opendoor.

Equity 417

Equity Commercial Development Technology 417

Housing Wire

JUNE 6, 2024

Department of Housing and Urban Development (HUD)’s Home Equity Conversion Mortgage (HECM) servicing contract and is a HECM subservicer for several major lenders. The Moody’s assessment of “SQ2” is based on Celink’s “above-average” servicing abilities and “average” servicing stability. “At

Mortgages 445

Mortgages Investor Equity Finance 445

Housing Wire

FEBRUARY 21, 2024

Navy captain who served as the vice president of business development for multinational firm BAE Systems before joining Sagent on Feb. Mr. Cooper sold certain intellectual property rights for its cloud-based technology platform to Sagent and received a minority equity stake in the fintech company.

Technology 431

Technology Mortgages Equity Banks 431

Housing Wire

JANUARY 22, 2021

In many cases, the private equity backers of these firms have aimed to take advantage of a golden moment in mortgage banking , in which margins are fat, revenues are higher than ever, and interest rates are microscopic. How lenders will benefit from Black Knight’s acquisition of Optimal Blue. Presented by: Black Knight.

Mortgages 525

Mortgages Technology Lending Banks 525

Housing Wire

APRIL 26, 2022

Karl Jacob, CEO and co-founder of LoanSnap , said the cyrpto-mortgage system his company has developed can originate more than just loans that LoanSnap mints. LoanSnap is a mortgage company that employs artificial intelligence (AI) technology to originate loans more efficiently and faster. We’re not huge, but we’re not small either.”.

Due diligence 476

Due diligence Mortgages Equity Loans 476

Housing Wire

APRIL 18, 2023

PunchListUSA , a real estate technology platform digitizing home inspection data, has named Stefan Pampulov as its chief product and data officer. Pampulov will be responsible for the development of PunchListUSA’s proprietary products, data infrastructure, home lifecycle services, and predictive pricing models, according to the firm.

Inspection 370

Inspection Technology Investor Development 370

Housing Wire

SEPTEMBER 1, 2021

17, in multiple departments, as it continues to “build efficiency in its technology operations.”. The primary focus of these investments has been centered on building a future committed to advancing the user experience, creating efficiencies for lenders, and providing enhanced technological capabilities for financial institutions.”.

Lending 417

Lending Technology Banks Loans 417

Housing Wire

OCTOBER 26, 2020

First American Financial, which provides title insurance, settlement services and risk solutions for real estate transactions, has acquired a minority interest in ServiceMac’s parent company and that interest will convert into equity of ServiceMac at the acquisition’s closing, pending regulatory approvals. Presented by: Total Expert.

Title 435

Title Technology Equity Mortgages 435

Housing Wire

OCTOBER 23, 2024

I am driven to develop organizational cultures focused on customer service, competences, and skills. She will also guide MBA’s long-term investment strategies, some of which include technology ; diversity, equity and inclusion (DEI) initiatives; and workforce development. “I

Development 413

Development Finance Equity Technology 413

Housing Wire

FEBRUARY 11, 2022

Cooper , one of the nation’s top servicers, and Sagent, a loan servicing software developer, announced on Friday that they will join forces to create a cloud-native servicing platform. Cooper will sell certain intellectual property rights related to its proprietary, cloud-based technology platform for mortgage servicing to Sagent.

Technology 370

Technology Development Equity Mortgages 370