This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) based on data analysis from ICE Mortgage Technology , indicates a drop in mortgage credit availability in September. In March 2012, the index was benchmarked at 100.
to 96.6the MCAI, a survey from the Mortgage Bankers Association (MBA) that examines data from ICE Mortgage Technology , shows that mortgage credit availability also ticked up in January. In March 2012, the index was benchmarked at 100. In January, the MCAI increased by 2.5%
I’m going to start by making Rate the absolutely best place for every single loan officer to work at figuring out ways in which we can develop them, give them all the skills, the coaching , the mentoring and the tools, so they can have an amazing business, but also better serve all their clients and all their partners.
The index which uses data from ICE Mortgage Technology was benchmarked to 100 in March 2012. All other subindexes saw increases in January, a positive development for the spring homebuying season, if these trends continue. Although similar to last month, these were limited to borrowers with better credit.
The Mortgage Credit Availability Index (MCAI), a survey from the Mortgage Bankers Association (MBA) that examines information from ICE Mortgage Technology, indicates that mortgage credit availability rose in June. In March 2012, the index was benchmarked at 100. Government March 31, 2012=183.5.
The Mortgage Credit Availability Index (MCAI) , a survey from the Mortgage Bankers Association (MBA) that examines information from ICE Mortgage Technology, indicates that mortgage credit availability rose in July. In March 2012, the index was benchmarked at 100. In July, the MCAI increased by 3.3%
Jamie Thornton, director of online mortgage lending at Real Genius, said in a statement that the company has “invested a significant amount of time and resources” into developingtechnology for customers. Thornton founded Real Genius in 2012 as ConsumerDirect Mortgage, and the company was acquired by FirstBank in 2013.
The Utah-based software developer offers a private-label digital mortgage platform and mobile app designed to connect lenders with borrowers and real estate agents. Most recently, the private-equity firm invested in Real , a technology-powered real estate brokerage in 2020, and perhaps most notably, e-recording provider Simplifile in 2013.
In light of this, HousingWire recently caught up with Teraverde Chief Technology & Innovation Officer Rob Peterson to learn more about the key to lender profitability in today’s lending environment. Rob Peterson: Most segments of the economy have effectively adopted technology to reduce their costs. Louis computes a 34.7%
Department of Housing and Urban Development (HUD) added a DIRA request template that can be used for such submissions. As in the proposed rule, the final ML also includes certain changes made in January 2024 to the Home Equity Reverse Mortgage Information Technology (HERMIT) system. This DIRA process will go into effect on Jan.
He is currently the chairman and CEO of Nocopi Technologies Inc. , With a strong balance sheet, robust pipeline of projects in our Development Marketing business, and the competitive advantages provided by our dedicated team of world-class agents, I am confident that Douglas Elliman’s brightest days are ahead,” Liebowitz said in a statement.
From 2012 to 2019, Drayne served Ginnie Mae as SVP in the office of issuer and portfolio management. He served from 2011 to 2023 in various roles at government-owned company Ginnie Mae , where he helped to manage different elements of the mortgage-backed securities (MBS) programs.
California-based ICE Mortgage Technology announced this week two enterprise agreements to integrate its eClose solution to Maxwell and Roostify platforms, enabling a more streamlined closing process for lenders and borrowers. Roostify, a mortgage technology provider, will integrate the solution to its digital home lending platform.
Real estate services and technology firm SitusAMC on Monday announced its acquisition of mortgage and title outsourcer Assimilate Solutions – the second acquisition by the New York-based firm in January, and its fourth overall in less than a year. Terms of the deal were not disclosed.
A former Quicken Loans executive, Booth has over 15 years of experience working in state and federal government bodies, focusing on transforming the mortgage industry through technology. For the last 16 years, the brokerage ranked as Northern Nevada’s highest-producing real estate office by agent activity.
Fintech-focused Canapi Ventures led the investment, which brings Blend’s total venture raised to $365 million since its 2012 inception. This morning, Blend President Tim Mayopoulos (and former CEO of Fannie Mae ) told me that Blend didn’t necessarily “need” the funding but saw the value in accelerating its product development plans.
2012 and Jan. “Since then, we have continued to invest in technology, people, and leadership to ensure that our compliance and risk management programs not only meet our regulators’ expectations but also support sustainable growth and maintain our position as an industry leader.”
The company’s job cuts include human resources, technology, talent acquisition, and executive assistant positions. In 2012, the historically low interest rates led to a boom in refinances, and the lender grew to $14.5 The workforce reduction is also focused on mortgage loan production. Presented by: Acra Lending.
In this role, Savkar will be responsible for the management of an expanding business unit within Wolters Kluwer that focuses on product innovation and technological advancements. Meirink said Savkar’s appointment is indicative of the company’s commitment to developing and promoting talent from within.
LoanStar Technologies , which connects lenders with borrowers who are traditionally underbanked or unbanked, also made the list again. 403 Homelight 1,444% 2012 Providing a platform that helps deliver better outcomes for homebuyers and sellers. Homelight , a platform for homebuyers and sellers, was No. The company was No.
The IPO gives the cloud-based software company the ammunition to grow market share , develop new products and dive deeper into various sectors within fintech, including consumer banking and auto. ” Blend’s white-label technology is what powers mortgage applications on the website of traditional banks such as Wells Fargo and U.S. .
In 2012, Dmitry Godin was seemingly on top of the world. The historically low interest rates that led to a boom in refinances in 2012 had ended, and Interfirst struggled to maintain volumes in following years as the market turned to purchase. Interfirst Mortgage , the retail mortgage business he founded in 2001, had grown to $14.5
Technology and the trust model Real estate is too vital to our economy to be so financially concentrated and functionally outdated. Technology hasn’t been the barrier since 1998 when Equifax, and later other firms, developed systems to secure complex, multi-party transactions over the Internet.
Too many real estate agents are watching artificial intelligence (AI) from the sidelines, assuming technology will never replace them. The history of AI and where it is going The Turing Test was developed by Alan Turing in 1950. However, it was deemed as too challenging technologically so it languished. What is next?
Keaton joined Onity’s Business Development Team in late 2022 to help grow the special servicing business. Before Onity, Keaton was the Chief Servicing Officer at Shellpoint Mortgage Servicing from 2012-2022. Q: What is one area where servicing should be focused on innovating or improving, and why?
For lenders unfamiliar with reverse mortgage products, RMF makes it easy to get into the business with its technology platform, training, marketing assistance and industry-leading support. As such, reverse mortgages will continue to be a growing option as a valuable and effective tool to help meet the challenges of retirement financing.
Department of Housing & Urban Development (HUD). For potential buyers in the Gen Z and millennials age groups—born between 1981 and 2012—these newly built, visually appealing homes provide another option to become a homeowner at a price they may be able to better afford.
Interest rates have risen from a low of less than 3% in 2012 to over 7% today, meaning that 99% – according to Goldman Sachs – have a lower rate and would not benefit from a refinance. Firms like these first came to our attention because they were working to mitigate the risk of developing overcomplicated tech stacks.
I remember that 2012, 2013, 2014 were really tough years for us because the product is really good, it was early and there were no proof points, they didn’t want to be the first mover because if it didn’t work out the person who hired us was going to lose their job. When the mortgage industry generated more than $8.5
Our panel of experts will dissect the expected regulatory changes, with a special focus on how technology can play a critical role in navigating these complexities. He accepted his current position in 2012. Hernandez earned his JD and Securities Law Certificate at the Catholic University of America, Columbus School of Law.
In our research, RealTrends interviewed top producers from RealTrends 500 firms and many didn’t bring up marketing, technology or office space as the top reasons they’re at their firm. I was just too busy building the company, selling real estate and developing properties.” in California.
Her history of service includes: STATE ASSOCIATION MAR EXECUTIVE COMMITTEE: 2016, 2017, 2018, 2020, 2021, 2022 MAR DIRECTOR AT LARGE: 2018, 2019, 2020 NORTHERN REGION VICE PRESIDENT: 2016, 2017, 2022 MAR GOVERNMENT AFFAIRS COMMITTEE: 2018 (Vice Chair), 2019 & 2020 (Chair), 2021 MAR FINANCE COMMITTEE: 2020, 2022 LEADERSHIP DEVELOPMENT COMMITTEE: (..)
To learn more about Amy, click HERE Her history of service includes: STATE ASSOCIATION MAR EXECUTIVE COMMITTEE: 2016, 2017, 2018, 2020, 2021, 2022 MAR DIRECTOR AT LARGE: 2018, 2019, 2020 NORTHERN REGION VICE PRESIDENT: 2016, 2017, 2022 MAR GOVERNMENT AFFAIRS COMMITTEE: 2018 (Vice Chair), 2019 & 2020 (Chair), 2021 MAR FINANCE COMMITTEE: 2020, 2022 (..)
Kim has singlehandedly developed and overseen the Human Resources department at Lamacchia Realty since its inception. Kim has been with Lamacchia Realty since 2012 and has held a variety of roles, from Administrative Assistant, Office Manager and Staff Training Manager. technology ,?and? Lamacchia offers an array of distinctive?
The team’s leader, Mark Balestracci , has been in the business for 20 years and is a two-time REALTORS® Choice Award winner, winning in both 2012 and 2020. Director of Business Development. The group joined Lamacchia Realty in March and has been a top producing team throughout Worcester County and Massachusetts for many years.
Her skills earned her the title of Listing Manager in 2012 where she ran the team until the company transitioned to a traditional brokerage model in 2015. Angela is continually working on developing and excelling in this position and will be expanding her licensure into the rest of the New England states.
With his immense growth, he decided to develop a team of his own and from there, his business grew even more. Mark is a two-time REALTORS® Choice Award winner, winning in both 2012 and 2020. Vice President of Business Development. I know he and his team will be tremendous assets to the Company. Jackie Louh.
Department of Housing and Urban Development (HUD), which will potentially help reverse mortgage borrowers who are displaced by that areas wildfires in avoiding foreclosure. A public outcry followed that included local TV news reporting, intervention from his state and federal representatives , and changes signed into law by Gov. Jared Polis.
As far as townhomes and stacked flats are concerened, the economics of for-sale property works with current market finances more for developers than rentals do. After slowing from 2012 to 2014, spec building has picked up, due to an uptick in migration. Homeowners want to be active but decrease maintenance and energy consumption.
When asked that question, one local developer blurted: “People are happy to buy the same iPhone as everyone else, but they want a home that looks unique.”. Causes for the underproduction – which doubled between 2012 and 2019, are multifaceted. Why are innovations in housing construction so elusive?
Over the past couple years, my team and I have been at the forefront of this revolution, developing customized AI agents that don’t just automate tasks—they enhance efficiency, save time, increase income, and streamline processes in ways previously unimaginable. My comments: The book focuses on ChatGPt and explains how and when to use it.
Building developers are optimistic they can overcome many of the challenges. ” Locally, Seattle Central College’s Wood Technology Center, near Judkins Park, recently unveiled a certificate program in Residential Construction. However, single-family permits for King and Pierce counties combined are up 4.2% LUXURY LIVING.
The most recent development in AI technology that has captured the public’s attention is “Generative AI” or Gen AI. In response to this development, in January 2024, Chair Patrick McHenry and Ranking Member Maxine Waters established the bipartisan AI Working Group (Working Group), comprised of 12 Members, include Reps.
It speaks to the importance of technology in CRE - especially by crowdfunding sites that are allowing more investors to enter the commercial investment space. Crowdfunding sites also offer advantages to builders and developers. The following article was originally featured in the quarterly newsletter for CREW.
We organize all of the trending information in your field so you don't have to. Join 9,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content