Housing Wire

JUNE 12, 2024

Figure Technology Solutions , the parent company of Figure Lending LLC , has launched a blockchain-based marketplace to connect buyers and sellers of private credit loans, promising to reduce settlement timelines and create greater pricing certainty.

Loans 440

Loans Lending Technology Equity 440

Housing Wire

APRIL 18, 2024

The loan repurchase trend that began to sting many mortgage originators in 2022 appears to finally be winding down, according to a recent report by Sterling Point Advisors and Augment Analytics. We’re seeing a downward trend in total [loans] repurchased [on a dollar basis], and that’s true for both Fannie and Freddie,” Ludden said. “I

Loans 448

Loans Due diligence Investor Technology 448

Housing Wire

DECEMBER 17, 2024

The industry fears AI will ultimately replace everyone, from operations to loan officers. As a loan officer , I am not losing any sleep, and here is why you should not, either. Now, remember that this is a top coach, and he is using this technology across his platforms to increase conversions. The experience was terrible.

Loan Officer 393

Loan Officer Loans Mortgages Technology 393

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.

Technology 459

Technology Loan Officer Loans Banks 459

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.

Sales 435

Sales Mortgages Loan Officer Technology 435

Housing Wire

MAY 22, 2024

The average cost for a retail mortgage lender to originate a loan reached $11,600 in the third quarter of 2023, up 35% — or nearly $3,000 per loan — when compared to fourth-quarter 2020, a period of low interest rates and high sales volume, according to a study published Tuesday by Freddie Mac. That’s 2.4

Loans 458

Loans Industrial Lending Technology 458

Housing Wire

JUNE 20, 2024

Real estate technology firm Knock announced Thursday that its bridge loan product is being integrated into the borrower application process at Baltimore -based NFM Lending. The bridge loan estimate is being integrated into the lender’s workflow through an Encompass plugin. The loan includes no interest for six months.

Lending 448

Lending Loans Loan Officer Equity 448

Housing Wire

OCTOBER 5, 2023

HousingWire Editor in Chief Sarah Wheeler sat down with Adam Carmel , founder and CEO at Polly , to talk about the ways technology should be delivering ROI for lenders. Sarah Wheeler: The cost to originate a mortgage is higher than ever, while companies have invested more in technology than ever before. What is the disconnect there?

Technology 447

Technology Lending Mortgages Industrial 447

Housing Wire

DECEMBER 17, 2024

The Consumer Financial Protection Bureau (CFPB) on Tuesday announced a final rule governing the Property Assessed Clean Energy ( PACE ) loan program. The rule applies existing protections for residential mortgages to borrowers who seek PACE loans to upgrade or renovate their homes through clean energy technology.

Loans 394

Loans Mortgages Finance Lending 394

Housing Wire

OCTOBER 28, 2024

Mortgage technology company Gateless is offering its flagship automated underwriting platform to a new lender. The Loan Store — a wholesale lender based in Arizona — will now use the Gateless Smart Underwrite platform, according to a recent announcement.

Loans 397

Loans Mortgages Technology Development 397

Housing Wire

SEPTEMBER 28, 2023

Having completed the $12 billion acquisition of Black Knight , Intercontinental Exchange (ICE) is confident in evolving into a true life-of-loan platform: powering origination to final settlement, all in one unified digital ecosystem, executives said during its conference call with analysts. “By

Loans 458

Loans Technology Mortgages Development 458

Housing Wire

JULY 30, 2024

The Chicago -based mortgage lender announced Tuesday that it’s bringing on Daniel Manginelli to lead its sales coaching program, which is designed to help mortgage professionals implement best practices and improve performance. He’s worked in sales and managerial roles, and has authored two books, during his more than 35-year career.

Sales 448

Sales Mortgages Loans Finance 448

Housing Wire

SEPTEMBER 26, 2023

Mortgage Machine Services , a digital origination technology provider, has appointed Dan McGrew as director of sales. In this role, McGrew will shoulder the responsibility of marketing the company’s digital products, including the flagship loan origination system (LOS) Mortgage Machine. based boutique SAP consulting firm.

Sales 434

Sales Mortgages Technology Lending 434

Housing Wire

APRIL 3, 2024

The plaintiffs claim they hired independent mortgage brokers, believing the wholesale channel was the best option for getting affordable mortgages because these professionals can shop around — a different model from loan officers employed by retail lenders. “As And even those offerings generally do not convert into actual savings for clients.”

Loans 482

Loans Loan Officer Mortgages Closing costs 482

Housing Wire

OCTOBER 4, 2023

The new partnership will allow lenders who use the Revvin platform to automatically verify any borrower at any point of the loan application process, according to a news release. Income verification technology is typically used for the loan origination process.

Sales 445

Sales Lending Technology Staging 445

Housing Wire

OCTOBER 1, 2024

The three overarching themes in all of these conversations include: Operational efficiencies for delinquent accounts : QC teams are honing in on how effectively operational processes are managed for delinquent loans, from customer service to loss mitigation. Technology also plays a crucial role in managing the complexities of reporting.

Loans 424

Loans Pre-approval Marketing Staging 424

Housing Wire

NOVEMBER 29, 2023

In particular, lenders should take a look at their loan origination system (LOS), as the LOS they use plays a critical role in the ability to maximize efficiency, see return on investments and ultimately, win business over competitors.

Technology 435

Technology Mortgages Lending Investor 435

Housing Wire

MARCH 30, 2023

Donny Kirby, former vice president of national direct-to-consumer sales at Wyndham Capital Mortgage , spent more than 12 years at Charlotte, North Carolina-based company before leaving to start a mortgage broker shop, Cornerstone Home Loans. We all know that home affordability is an issue for everyone right now.

Loans 418

Loans Mortgages Loan Officer Lending 418

Housing Wire

FEBRUARY 13, 2024

TRAiNED named Mark Cunningham, a co-founder of Sales Boomerang , as its new CEO. It also hired Arend de Jong , co-founder and former chief financial officer of Sales Boomerang, as CFO, the company announced. He was named a 2021 HW Insider after Sales Boomerang debuted in the top 5% of the Inc. Mortgage tech firm TRAiNED Inc.

Sales 448

Sales Mortgages Title Loans 448

Housing Wire

SEPTEMBER 11, 2023

Proptech firm Flyhomes has entered into an agreement to purchase Innovative Holdings, LLC’s “buy before you sell” platform Home Sale Assured. Founded in 2022 by Eric Meadow, Home Sale Assured produces a “Guaranteed Backup” options contract, which enables existing homeowners to buy their next home before closing the sale of their current home.

Debt-to-income ratio 434

Debt-to-income ratio Sales Purchase and sale agreement Loans 434

Housing Wire

OCTOBER 12, 2022

The forecast for the housing market in 2023 gets worse by the month, with the latest report predicting a million-plus decline in existing home sales. Fannie Mae ‘s Economic and Strategic Research (ESR) Group now forecasts total single-family home sales to decline 18.1% million, according to the National Association of Realtors.

Sales 448

Sales Mortgages Technology Loans 448

Housing Wire

DECEMBER 10, 2024

OneTrust Home Loans , a DBA of CalCon Mutual Mortgage LLC based in San Diego , Calif., The division is also strengthening its partnerships with builders and real estate professionals while establishing robust referral programs to connect reverse MLOs with forward loan teams.

Lending 369

Lending Loans Mortgages Technology 369

Housing Wire

OCTOBER 2, 2024

The CRM company launched in 2016 to provide third-party origination (TPO) mortgage lenders with account management, sales and email marketing through its software-focused approach. The platform is quick to implement and allows us to effectively manage both our sales and marketing teams.”

Sales 427

Sales Marketing Lending Loans 427

Housing Wire

JANUARY 20, 2025

We really were built organically same-store sales growth for years. We actually need to manufacture the loan as quickly, compliantly and secure as possible and nothing more. Sanchez: I imagine there’s a debate each time you make an acquisition. How do you think about that maybe as you make more acquisitions in the future?

Technology 337

Technology Development Loans Branding 337

Housing Wire

NOVEMBER 1, 2023

But for some borrowers, a less traditional loan type could make the most financial sense. Without enough timely information to ask questions and compare options, borrowers had loans they couldn’t afford. But they only apply after a borrower has submitted a loan application, which leaves room for ambiguity when shopping.

Loans 434

Loans Fixed-rate mortgage Lending Loan Officer 434

Housing Wire

MARCH 12, 2024

Wells Fargo -backed mortgage fintech Maxwell rolled out a point-of-sale (POS) feature that offers tailored workflows and integrations. Lenders can also define workflows and business rules for any mortgage product, including construction loans, manufactured home loans, home equity loans and bridge loans.

Lending 447

Lending Technology Loans Equity 447

Housing Wire

MARCH 17, 2022

Figure , a blockchain-focused financial service company and Apollo , a global alternative asset manager, announced today completing a transaction involving the origination of digital mortgage loans and transfer of ownership via blockchain technology, according to a press release shared with FinLedger.

Lending 488

Lending Technology Loans Mortgages 488

Housing Wire

JANUARY 14, 2025

Wiener, who previously served as president of real estate services at Redfin , will lead Lowers technology, marketing, data science and direct-to-consumer sales organizations. As president, he eventually led a nationwide sales organization with 3,000-plus real estate agents and sales support professionals.

Loan Officer 369

Loan Officer Technology Loans Title 369

Housing Wire

SEPTEMBER 26, 2024

New York-based Simplist Technologies , which has developed a consumer-facing mortgage platform, introduced a new software solution on Thursday for mortgage professionals that combines a loan origination system (LOS) with a point-of-sale system (POS).

Mortgages 446

Mortgages Loans Technology Branding 446

Housing Wire

APRIL 12, 2024

Vonder Haar was selected as a winner based on her crucial role in expanding the company’s offerings and developing its digital marketing to meet the needs of its loan originators and their real estate partners. Chelsea Vonder Haar: We tailor our marketing strategy based on the individual loan officer and the details of the market they are in.

Loan Officer 352

Loan Officer Loans Lending Residential 352

Housing Wire

MARCH 20, 2024

The organization recognized LoanPASS for its loan pricing software, which can map out forward and reverse mortgage options side by side. “In Also recognized by the PROGRESS in Lending Association was Mortgage Cadence , which was lauded for its technology innovation.

Lending 443

Lending Mortgages Technology Banks 443

Housing Wire

DECEMBER 11, 2023

Residential sale-leaseback platform EasyKnock is under fire from the Massachusetts Attorney General’s office. In the release, Campbell’s office claims that the technology used by EasyKnock and other proptech firms can be used to target and exploit “house-rich, cash-poor” consumers.

Sales 415

Sales Equity Residential Technology 415

Housing Wire

APRIL 11, 2024

Figure Technology Solutions (FTS), the parent company of Figure Lending LLC , announced on Thursday that it will begin making its Digital Asset Registration Technologies (DART) platform — which it describes as “a combined lien and eNote registry service” — available to private and wholesale lending partners.

Lending 416

Lending Technology Equity Loans 416

Housing Wire

FEBRUARY 16, 2021

As demonstrated in the brilliant UWM Superbowl ad , Millennial homebuyers are looking to technology to match them with the right partners in life, including their mortgage. However, the Point of Sale category took a turn for the better in 2020. 5 Technology becomes fintech. Technology startups are making banking more accessible.

Mortgages 534

Mortgages Banks Loan Officer Technology 534

Housing Wire

FEBRUARY 20, 2024

“Most technologies are not architected to do a million loans every five minutes.” “Most technologies are not architected to do a million loans every five minutes.” ” Ardley can help servicers with retention strategies and find new deals within their portfolio. .

Technology 433

Technology Loans Staging Equity 433

Housing Wire

OCTOBER 28, 2024

By examining their customer acquisition and retention strategies, they can drive, capture and convert shifts in demand into closed sales. Moreover, the older the loan, the more likely the borrower would refinance elsewhere. On average, just one out of five homeowners who opted to refinance were retained by their original lender.

Loan Officer 434

Loan Officer Pre-approval Technology Loans 434

Housing Wire

MAY 20, 2024

This integration combines Polly’s advanced pricing engine with nCino’s Mortgage Suite point-of-sale (POS) solution, offering lenders and originators increased flexibility and new opportunities to strengthen referral relationships. The enhancement enables the user to submit a loan request and lets lenders run scenarios to get updated rates.

Mortgages 445

Mortgages Loan Officer Technology Banks 445