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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. Almost all of the lender’s technology investment over the past few years has been focused on the Point of Sale (POS). Lending technology out of focus.

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New home sales plunge 18.2%, but demand stays strong

Housing Wire

After a near decade high in January, new home sales for single-family houses plummeted 18.2% However, continued demand by homebuyers did manage to push new home sales 8.2% However, continued demand by homebuyers did manage to push new home sales 8.2% As for the West, new sales dropped 9.3% year-over-year jump.

Sales 532
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Pagaya Technologies names former CEO of Caliber Home Loans as president

Housing Wire

AI and data-led fintech company Pagaya Technologies named Sanjiv Das as president. Pagaya also offers personal loans, auto loans, credit cards and point-of-sale (POS) financing. Das, a former CEO of Caliber Home Loans , will begin his new role on Oct. The firm has been in the real estate business since 2020.

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Truework and Revvin partner to enhance income verification services for point-of-sale systems

Housing Wire

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. In October 2021, Blend Labs launched a similar product called Blend Income Verification.

Sales 445
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10 ways to use virtual reality technology in your real estate business

Housing Wire

The real estate sector is constantly evolving, and one technology has emerged as a true game changer: virtual reality (VR). This transformative technology has opened up a new world of possibilities, empowering agents and captivating potential buyers like never before.

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Knock launches new sale-leaseback solution, Knock Nest

Housing Wire

Real estate technology company Knock has announced the launch of Knock Nest, a standalone sale-leaseback solution that allows homeowners to access the cash they’ve built up in their home while continuing to live in it. The post Knock launches new sale-leaseback solution, Knock Nest appeared first on HousingWire.

Sales 418
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New AI-powered homeowner platform aids with sales and maintenance tasks

Housing Wire

Exuma believes that the platform will provide transformative change to every stage of homeownership. “My At the Federal Housing Finance Agency ‘s 2024 TechSprint event in July, numerous companies made pitches for bringing these technologies to the space. AI has been top of mind for the real estate industry.

Sales 448