Housing Wire

MAY 20, 2024

According to Todman, the industry has been asking for years for HUD to be helpful on assumable mortgages, which “is a complex transaction that she has “come to understand that sometimes the juice is not worth the squeeze.” ” There was a “hue and cry,” Todman said. .

Mortgages 466

Mortgages Loans Staging Industrial 466

Housing Wire

JUNE 2, 2021

Volly , a mortgage tech company that offers customer relationship management and point-of-sale services for lenders, announced Wednesday the acquisition of mortgage and real estate tech startup Home Captain for an undisclosed amount. The post Mortgage tech firm Volly scoops up Home Captain appeared first on HousingWire.

Mortgages 457

Mortgages Technology Lending Staging 457

Housing Wire

APRIL 10, 2024

Mortgage brokers ’ compensation is in the spotlight after a recent Federal Deposit Insurance Corporation (FDIC) test concluded that some financial institutions failed to prove that payments were “reasonably related” to the value of services provided. Violations identified vary across different stages of the loan process.

Banks 447

Banks Brokerage Mortgages Loans 447

Housing Wire

OCTOBER 26, 2020

forbearance rate measuring the share of mortgages with suspended payments fell slightly to 5.9% last week, according to the Mortgage Bankers Association. Lenders need to be able to grow their business in a way that is not linear and is not tied to the market cycles – leveraging automation technology can help.

Mortgages 497

Mortgages Loans Lending Staging 497

Housing Wire

JULY 31, 2022

As the world races towards increased digitization, mortgage professionals are striving to keep up with the demand for convenient lending solutions that allow borrowers to navigate the process from the comfort of their own homes. Rich Gagliano, President, Origination Technologies.

Technology 396

Technology Loans Closing Lending 396

Housing Wire

SEPTEMBER 10, 2024

HousingWire asked past Tech Trendsetter honorees about the biggest tech transformations they’ve witnessed and where companies in mortgage and real estate should focus their energy in 2024. Dive into their insights on how AI is reshaping the future of mortgage and real estate. It has transformed how we think, work, and conduct business.

Mortgages 448

Mortgages Technology Staging Development 448

Housing Wire

DECEMBER 21, 2023

While delinquencies remain low overall, the number of delinquent loans ticked up in November, according to the latest ICE Mortgage Monitor report. Meanwhile, early-stage delinquencies (30 and 60 days past due) continued to increase. Moreover, early-stage delinquencies among VA loans hit their highest non-pandemic levels since 2009.

VA loan 459

VA loan Mortgages FHA loan Staging 459

Housing Wire

FEBRUARY 8, 2024

This week, Mortgage Cadence announced that it had appointed longtime reverse mortgage industry professional George Morales to serve on its sales team. The company is aiming to bring more reverse mortgage technology solutions to potential partners already in the industry and those that have yet to enter it.

Banks 434

Banks Mortgages Technology Branding 434

Housing Wire

DECEMBER 12, 2024

September signified a steady decline in mortgage performance since the end of third-quarter 2023. About 3% of all mortgages were in some form of delinquency in September 2024 up 20 basis points year over year, according to a CoreLogic report released this week. All rates are measured against homes with outstanding mortgage balances.

Mortgages 364

Mortgages Staging Principal Loans 364

Housing Wire

SEPTEMBER 9, 2021

Lenders that may have been holding out on embracing automation and technology were forced to adapt at breakneck speed to continue to serve customers. From hybrid appraisals to virtual showings to RON/RIN, the digital mortgage process took center stage over the last year. Why should the mortgage process be any different?

Mortgages 448

Mortgages Technology Inspection Closing 448

Housing Wire

JULY 31, 2024

In the ever-evolving world of mortgage servicing, delivering an exceptional customer experience at every stage of the customer’s journey is a crucial differentiator. By doing so, we not only meet but exceed their expectations, setting a new standard for excellence in mortgage servicing.

Mortgages 458

Mortgages Technology Industrial Development 458

Housing Wire

OCTOBER 23, 2023

While the mortgage delinquency rate remains low compared to pre-pandemic levels , the number of delinquent loans ticked up in September, according to the ICE Mortgage Monitor report. Meanwhile, early-stage delinquencies (30 and 60 days past due) continued to increase. However, the rate of serious delinquencies remains 6.7%

Mortgages 482

Mortgages Staging Loans Sales 482

Housing Wire

JULY 23, 2024

Mortgage and real estate executives attending HousingWire ‘s Artificial Intelligence (AI) Summit in Dallas on Tuesday have already begun to collect some lessons learned from Friday’s global tech outage as the world is still dealing with its consequences. That’s the case for United Wholesale Mortgage (UWM).

Technology 447

Technology Staging Mortgages Development 447

Housing Wire

SEPTEMBER 22, 2021

Sandra Madigan, digital product director, enterprise product strategy, servicing technologies at Black Knight. If you were standing on a stage giving an acceptance speech, who would you want to thank for helping you get where you are today? The post How can the mortgage industry retain more employees? Become a member today.

Industrial 383

Industrial Mortgages Lending Technology 383

Housing Wire

SEPTEMBER 11, 2023

The mortgage industry has witnessed its fair share of tribulations and transformations, but its response to those challenges and changes is often a tale of reactiveness. This shift is especially important when thinking about the mortgage lending cycle. I’ve never used a portal for exception responses before, and I love it.

Mortgages 447

Mortgages Loans Lending Industrial 447

Housing Wire

JULY 18, 2022

Servicers’ forbearance portfolio volume trended downward in June but declined at a much slower pace than earlier this year, according to the Mortgage Bankers Association (MBA). of total loans were in the initial plan stage last month and 57.6% in May at a time of high inflation and volatility in mortgage rates. The remaining 12.6%

Mortgages 418

Mortgages Loans Lending Staging 418

Housing Wire

SEPTEMBER 23, 2024

Mortgage technology platform provider Dark Matter Technologies announced on Monday that it has added a second loan origination system (LOS) — NOVA — to its product lineup. NOVA joins current LOS Empower, and both offerings will aim to offer distinct options for a wider range of mortgage lenders, according to the announcement.

Branding 443

Branding Technology Design Staging 443

Housing Wire

JANUARY 11, 2022

Since its launch in August 2020, FinLedger has kept its pulse on the explosive and expansive sector of financial technology for thousands of readers. And now we’re ready for the next stage of FinLedger’s growth. It is a sector, however, we won’t (and can’t) ignore for our audience of housing professionals.

Staging 520

Staging Technology Mortgages As-is 520

Housing Wire

SEPTEMBER 12, 2023

These current mortgage markets are what make it challenging for independent mortgage banks (IMBs). For many of these transaction-oriented, monoline mortgage lenders, it’s always a question of feast or famine. Mortgage loan volume in the second quarter of 2023 was down 56% from the same period last year, according to ATTOM.

Banks 418

Banks Mortgages Loans Investor 418

Housing Wire

SEPTEMBER 9, 2021

Dave Sheeler, president of residential servicing and correspondent lending at Freedom Mortgage. If you were standing on a stage giving an acceptance speech, who would you want to thank for helping you get where you are today? The post How can the mortgage industry recruit people earlier in their careers? Become a member today.

Industrial 417

Industrial Mortgages Lending Residential 417

Housing Wire

FEBRUARY 28, 2022

Maintaining and deepening relationships with borrowers is important for lenders, but it takes valuable time away from other business efforts for mortgage organizations. Black Knight’s Surefire CRM and Mortgage Marketing Engine helps mortgage professionals win new business, drive repeat business and gain referral business.

Marketing 395

Marketing Mortgages Branding Technology 395

Housing Wire

AUGUST 22, 2023

I think that’s really key because part of what I’ll be doing is leveraging my unique background to be able to bring a different lens when it comes to the digital landscape technology and how that incorporates different types of tools and resources that our competition isn’t using. GW: I’m really excited to attend the event.

Staging 366

Staging Branding Industrial Technology 366

Housing Wire

OCTOBER 16, 2023

Generative artificial intelligence (AI) has tremendous potential to cut costs and improve customer experience, but regulation has not caught up to develop a governance program, industry pros said of AI’s implementation in mortgage lending. The panel noted the findings of the latest Fannie Mae mortgage lender sentiment survey.

Due diligence 486

Due diligence Lending Technology Mortgages 486

Housing Wire

SEPTEMBER 16, 2020

A well-qualified buyer these days can find a mortgage at historically low interest rates. But that’s not good enough for United Wholesale Mortgage CEO Mat Ishbia. So if the numbers work for them and they want the lowest rate , they can do that and the mortgage brokers can figure out what works for them and get that deal for them.

Mortgages 488

Mortgages Marketing Title Loans 488

Housing Wire

AUGUST 26, 2024

Proptech HomeLight has raised $20 million to expand the offering of its Buy Before You Sell product to mortgage lenders and real estate agents across 40 new states, the company announced on Monday. Zeev Ventures , an early-stage venture fund, led the Series D extension, and was joined by Stereo Capital and Menlo Ventures.

Equity 477

Equity Loan Officer Lending Investor 477

Housing Wire

APRIL 18, 2023

While a mortgage business’ battle against margin compression is seemingly endless, that fight is less noticeable in times of surging revenue. The decline in mortgage volume, along with increasing rates and uncertainty about the months ahead, have amounted to a scramble for revenue and a continual push to reduce expenses.

Mortgages 370

Mortgages Technology Closing costs Title 370

Housing Wire

DECEMBER 1, 2020

This marks the second round of startups to participate in the program since its launch in September 2019 – originally as an initiative by Flagstar to guide late-stage mortgage tech startups in an effort to evaluate the viability of future investments and partnerships. Presented by: Total Expert. in 2010 and 2011.

Banks 345

Banks Mortgages Lending Technology 345

Housing Wire

JUNE 8, 2022

With a deadly combination of low housing inventory, reduction in refis and surging mortgage rates, consolidation in mortgage tech is expected. Businesses and entire industries tanked during the pandemic, but it created an ideal environment for mortgage tech companies, some of which rode the wave to banner years and historic growth.

Mortgages 397

Mortgages Loans Loan Officer Technology 397

Housing Wire

OCTOBER 23, 2024

The company now aims to embed its services in forward and reverse mortgages. Representatives journeyed to San Diego last month to meet with lending professionals at the National Reverse Mortgage Lenders Association (NRMLA) Annual Meeting and Expo. When we look at the mortgage industry in our office, we broad-brush it,” he said. “We

Industrial 448

Industrial Title Mortgages Lending 448

Housing Wire

NOVEMBER 24, 2021

From injecting technology into the mortgage process to redefining the real estate agent and home shopper relationship, these leaders have laid the foundations for millions of homeowners. The first one is Jonathan Corr, who was the executive that hired me at Ellie Mae and brought me into the mortgage business. Technology.

Mortgages 410

Mortgages Technology Industrial Development 410

Housing Wire

MARCH 15, 2021

Josh Friend : Amid this global pandemic, mortgage rates have been at historically low levels, borrower demand has increased, refi’s have broken records and lenders have had to shift in many instances to a remote workforce. The post Successful mortgage lending starts with superior customer service appeared first on HousingWire.

Lending 418

Lending Mortgages Loan Officer Loans 418

Housing Wire

OCTOBER 4, 2023

Income verification technology is typically used for the loan origination process. However, bringing this technology to the point-of-sale stage allows lenders to screen candidates more effectively. Additionally, Revvin was recently acquired by Maxwell , a Wells Fargo -backed mortgage fintech.

Sales 445

Sales Lending Technology Staging 445

Housing Wire

OCTOBER 9, 2024

Mortgage tech firm Candor Technology has expanded its Loan Engineering System (LES) to include Federal Housing Administration (FHA) loans. There is no other automated underwriting technology that helps lenders make decisions on FHA loans like ours,” said Mark Hinshaw, CEO of Candor Technology.

FHA loan 456

FHA loan Loans Technology Loan Officer 456

Housing Wire

OCTOBER 22, 2024

financial system, including the mortgage sector. Announced on Tuesday, the new rule mandates that financial providers — including banks, credit card issuers and mortgage companies — share personal financial data for free with their peers when customers request it.

Banks 446

Banks Mortgages Lending Staging 446

Housing Wire

JUNE 20, 2024

A few weeks later the Mortgage Bankers Association released its Quarterly Mortgage Bankers Performance Report , underscoring my point with some truly grim figures. And employment verification is just one of dozens of mortgage cost centers. Reward good behavior at the individual level.

Loan Officer 445

Loan Officer Pre-approval Technology Lending 445

Housing Wire

OCTOBER 1, 2024

However, the most recent ACES Mortgage QC Industry Trends Report found critical defect rates jumped up in the first quarter (Q1) of this year. Not only does this break a five-quarter-long downward trend, but this uptick in defects happened at a time when mortgage originations were at their lowest levels since 2000.

Loans 424

Loans Pre-approval Marketing Staging 424

Housing Wire

NOVEMBER 9, 2020

JPMorgan Chase has tightened mortgage terms on jumbo loans for co-operatives and condominiums in Manhattan amid shrinking buyer demand, Bloomberg reported on Friday. Lenders need to be able to grow their business in a way that is not linear and is not tied to the market cycles – leveraging automation technology can help.

Loans 534

Loans Lending Mortgages Staging 534