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The surprising future of mortgage technology

Housing Wire

Today, while the mortgage industry has the technology to support this, we’re still in the early stages of determining how it should be used. With the advances we’re seeing in Artificial Intelligence, Machine Learning and Robotic Process Automation, we have become experts at configuring our technology to meet the changing needs of lenders.

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FinLocker raises $17M in Series B funding round

Housing Wire

The company said it will be using generative artificial intelligence (AI) and machine learning technologies to provide customers with personalized recommendations, credit management solutions, budgeting assistance and loan qualification tools. million in pre-seed funding in 2016.

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How lenders can help borrowers improve their credit score

Housing Wire

At HousingWire’s 2021 Annual Spring Summit, CreditXpert VP of Sales and Client Success Matt Hydrew and T odd Worthington , director of qualification support at Bank of England, discussed top-of-the-funnel strategies lenders can use to help borrowers gain a better understanding of their credit score. Or, give up looking altogether.

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Milo launches a crypto mortgage product

Housing Wire

” Per the company’s website , it takes five minutes to receive a pre-qualification for a mortgage, though final approval is conditional on finishing the application and providing supporting documents. The crypto mortgage product will be available to most applicants in early 2022, Milo added.

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Divvy Homes hits $2 billion valuation after latest funding round

Housing Wire

Existing investors and others including Andreessen Horowitz, Singapore’s GIC, GGV Capital and Moore Specialty Credit participated in the round, which pre-empted a capital raise that could have featured new investors, she said. We’re aiming to bring a legitimacy to alternative home financing options,” said Hefets.

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How 2020 exposed a greater need for collaboration between real estate agents and LOs

Housing Wire

HousingWire: What role has the increase in technology played for both businesses and consumers in the real estate space? Vance Loiselle: In the 20th century, the primary technology innovations in real estate were the telephone and the MLS. This will result in a major shift in how people use their homes and where they want to live.

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Overcoming the challenges direct-to-consumer lenders are facing

Housing Wire

HousingWire recently sat down with Total Expert Director of Technology Alliances Josh Lehr to learn more about recent trends around direct-to-consumer lending. During the last year, lenders brought on more staff and implemented technology to originate historically high volumes of refinances due to record-breaking low rates.