Housing Wire

MARCH 24, 2025

Department of Housing and Urban Development (HUD) has moved to cancel a contract that involves a technology service for Home Equity Conversion Mortgage ( HECM ) counselors , according to a review of the contract details on government websites and an announcement from the National Reverse Mortgage Lenders Association (NRMLA).

Technology 293

Technology Development Loans Equity 293

Housing Wire

MAY 23, 2022

HousingWire recently spoke with Barry Coffin, managing director of home equity title/close at ServiceLink , about the ways lenders can capitalize on these trends by revving up their home equity solutions. Barry Coffin : It’s a good time to prioritize home equity transactions for a couple of reasons.

Equity 397

Equity Title Technology Loans 397

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 404

Technology Equity Brokerage MLS 404

Housing Wire

AUGUST 28, 2024

Tim Bowler, President of ICE Mortgage Technology, has a clear, specific vision for the future of ICE Mortgage Technology and the mortgage industry. We are committed to making the dream of homeownership a reality for more Americans and helping achieve this through user-friendly technology. Tim Bowler: Absolutely.

Technology 433

Technology Industrial Mortgages Development 433

Housing Wire

SEPTEMBER 18, 2023

Dark Matter Technologies , formerly Black Knight Origination Technologies, is focused on mainly two things: the smooth transition to new owners, and lowering the cost to originate loans for lenders. Read on to learn more about Dark Matter Technologies’ plan for mortgage. Gagliano : We believe strongly in technology.

Technology 501

Technology Mortgages Bankruptcy Industrial 501

Housing Wire

NOVEMBER 6, 2023

The use of artificial intelligence (AI) is poised to grow amid higher origination costs and greater competition, but without correcting the underlying causes of bias in data, AI models can embed racial equity inequality on a larger scale, a recent report from the Urban Institute concluded. “It

Equity 434

Equity Mortgages Finance Development 434

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 435

Technology Mortgages Lending Investor 435

Housing Wire

MARCH 31, 2025

Throughout the 1990s, Ibis developed several reverse mortgage software applications, including for use by counselors. By the mid-2000s, the company had developed other tools including amortization schedules, term loans and APRs and program selection. Department of Housing and Urban Development (HUD).

Due diligence 261

Due diligence Mortgages Development Banks 261

Housing Wire

JANUARY 28, 2025

Last week, business-purpose residential mortgage lender Dunmor announced that it received a minority equity investment from Newfi Lending , a nonagency mortgage lender owned by funds managed by Apollo Global Management. Multifamily developments have been picking up with a very strong start.

Residential 364

Residential Lending Finance Banks 364

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 418

Technology Mortgages Loans Industrial 418

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 416

Equity Mortgages Loans Residential 416

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

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 448

Lending Equity Technology Banks 448

Housing Wire

MARCH 19, 2025

Editor in Chief Sarah Wheeler sat down with Chad Smith, president and COO of Better Mortgage , to talk about leadership, technology, and how they have pivoted their business strategy to meet the needs of this market. SW: Talking about technology, you guys made some big moves in 2024 with TinMan Marketplace and Betsy.

Loan Officer 286

Loan Officer Loans Technology Mortgages 286

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 468

Pre-qualification Technology Equity Development 468

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 448

Technology Brokerage Equity Agents 448

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

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 435

Equity Technology Lending Development 435

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 447

Mortgages Technology Banks Loans 447

Housing Wire

DECEMBER 9, 2024

The Mortgage Industry Standards Maintenance Organization (MISMO)s dedicated reverse mortgage development workgroup is targeting January 2025 as the release window for a series of uniform technology standards. The second step is to understand the landscape of existing equity release product offerings.

Mortgages 370

Mortgages Lending Banks Industrial 370

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 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 448

Land Lending Technology Banks 448

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 464

Technology Lending Equity Development 464

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 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 448

Lending Technology Loans Equity 448

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

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

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 415

Equity Lending Principal Technology 415

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 468

Banks Technology Equity Development 468

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

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 448

Equity Development Design Finance 448

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 396

Equity Closing costs Finance Technology 396

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 459

Technology Mortgages Loans Equity 459

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 418

Equity Commercial Development Technology 418

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 448

Mortgages Investor Equity Finance 448