Housing Wire

JULY 28, 2022

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%

Technology 418

Technology Business Lending Training 418

Housing Wire

FEBRUARY 2, 2022

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 developing technology for customers. Since 2016, we’ve helped more than 51,000 families with their mortgage needs, lending more than $15 billion,” said Thornton.

Mortgage 369

Mortgage Technology Lending Modernization 369

Housing Wire

MARCH 7, 2022

The cooperative members cover the entire lending spectrum, originating between $50 million and $25 billion per year. Another initiative is a cloud-based technology called Lenders One Loan Automation (LOLA), launched to automate the loan manufacturing process.

Retail 488

Retail Mortgage Lending Real Estate 488

Housing Wire

MAY 3, 2024

I sat down with Deitch for a wide-ranging conversation on the ways lenders can claw back profitability through smart technology and products that meet the moment. Cost to originate But providing the right lending products is only one factor in succeeding in this market. “Lenders spend 66% on people and 6% on technology. .

Technology 447

Technology Lending Mortgage Investing 447

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. With smarter and faster data, a personalized service experience is key for the future of lending. #2 5 Technology becomes fintech. 1 Personalization.

Mortgage 534

Mortgage Technology Loan Officers Business 534

Housing Wire

MARCH 16, 2022

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.

Technology 397

Technology Real Estate Agent Loan Officers Lending 397

Housing Wire

MARCH 29, 2022

Johnson, whose career with Fannie Mae spans for almost two decades, is currently responsible for leading the mortgage giant’s digital transformation , which includes overseeing Fannie Mae’s technology, data, enterprise models and operations. What are the building blocks of digital lending? Presented by: Wolters Kluwer.

Government 370

Government Lending Technology Mortgage 370

Housing Wire

JULY 24, 2024

Back in 2008, an artificial housing bubble burst due to reckless mortgage lending and speculative buying, leading to widespread foreclosures and a dramatic drop in home prices. million in 2006 to about 999,000 by 2012. The aftermath of the 2008 crisis led to significant attrition among real estate agents. About 38% of U.S.

Real Estate 476

Real Estate Real Estate Agent Agents Client Relationships 476

Housing Wire

OCTOBER 13, 2021

has raised $175 million to accelerate growth and fund new technologies , just 16 months after relaunching its operations. billion in 2012 to $2 billion in 2016. Last year, Interfirst relaunched its services with a new proprietary loan origination technology platform. Chicago-based mortgage originator Interfirst Mortgage Co.

Mortgage 421

Mortgage Investors Investing Loan Officers 421

Appraisal Buzz

JUNE 7, 2024

Mortgage credit availability increased in May, according to the Mortgage Credit Availability Index (MCAI) , a report from the Mortgage Bankers Association (MBA) based on data from ICE Mortgage Technology. A decrease in the MCAI suggests tighter lending rules, whilst an increase in the index indicates looser credit.

Mortgage 343

Mortgage Government Design Lending 343

Appraisal Buzz

OCTOBER 15, 2024

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. While increases in the index point to looser credit, a decrease in the MCAI suggests tighter lending requirements.

Mortgage 387

Mortgage Government Lending Construction 387

Appraisal Buzz

NOVEMBER 20, 2024

Mortgage credit availability increased in October according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from ICE Mortgage Technology. The index was benchmarked to 100 in March 2012. The MCAI rose by 0.7 percent to 99.2 in October.

Mortgage 418

Mortgage Government Design Construction 418

Housing Wire

JULY 6, 2021

It has raised a total of $655 million since its founding in 2012, according to Crunchbase. Blend’s white label technology is what powers mortgage applications on the site of banks such as Wells Fargo and U.S. Since it was estabslihed in 2012, Blend has been run by its co-founders ? Presented by: FADT.

Technology 397

Technology Mortgage Valuation Insurance 397

Housing Wire

FEBRUARY 12, 2021

Even in the midst of a banner year, originators have to keep one eye on the technologies and competitors that could upend their carefully crafted business strategy. Taking those lessons with him, Ghamsari decided to start Blend in 2012 along with his co-founders. The focus of the Spring Summit is The Year-Round Purchase Market.

Technology 367

Technology Valuation Design Mortgage 367

Housing Wire

JANUARY 5, 2021

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 fact, prior to founding SimpleNexus in 2011, CEO Matt Hansen worked on the Simplifile development architecture team for nearly five years. billion.

Architecture 418

Architecture Real Estate Agent Loan Officers Real Estate 418

Housing Wire

MARCH 14, 2023

Available in its Blend Builder Platform, users can build their own origination products, leverage integrations, and use modular blocks to resolve the complexity of an existing technology infrastructure, the company said in an announcement about the launch on Tuesday. Founded in 2012, Blend went public in 2021.

Insurance 397

Insurance Technology Business Lending 397

Housing Wire

AUGUST 21, 2023

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.

Real Estate 370

Real Estate Real Estate Agent Technology Investors 370

Housing Wire

SEPTEMBER 4, 2024

Debenture interest refers to the percentage of a return that an investor would receive for lending money through a debenture. 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. The ML goes into effect on Sept.

Mortgage 459

Mortgage Legal Development Insurance 459

Housing Wire

APRIL 16, 2021

It has raised a total of $655 million since its founding in 2012, according to Crunchbase. Blend’s white label technology is what powers mortgage applications on the site of banks such as Wells Fargo and U.S. In all, its technology platforms saw $1.4 That January round gave Blend a $3.3 billion valuation.

Valuation 366

Valuation Technology Lending Mortgage 366

Housing Wire

AUGUST 12, 2020

Fintech-focused Canapi Ventures led the investment, which brings Blend’s total venture raised to $365 million since its 2012 inception. That digitization, he said, has been fueled by rapidly changing consumer expectations and increased confidence in the ability of lenders and other mortgage industry players to adopt new technologies quickly.

Investing 508

Investing Loan Officers Technology Development 508

Housing Wire

MAY 2, 2022

The company’s job cuts include human resources, technology, talent acquisition, and executive assistant positions. Presented by: Acra Lending. 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.

Human Resources 397

Human Resources Loan Officers Retail Training 397

Appraisal Buzz

JUNE 9, 2022

Mortgage Bankers Association (MBA) reports that mortgage credit availability decreased in May according to the Mortgage Credit Availability Index (MCAI), a report that analyzes data from ICE Mortgage Technology. The index was benchmarked to 100 in March 2012. The MCAI fell by 0.9% to 120 in May. Mortgage credit supply declined for the.

Lending 150

Lending Mortgage Technology Appraisal 150

Housing Wire

JULY 19, 2021

Blend’s investors are apparently convinced that the company can radically transform lending, simplifying and digitizing regimented-but-clumsy processes that are still rather paperwork-heavy. ” Blend’s white-label technology is what powers mortgage applications on the website of traditional banks such as Wells Fargo and U.S. .

Insurance 397

Insurance Investors Technology Real Estate Agent 397

Housing Wire

FEBRUARY 14, 2023

HousingWire recently spoke to Amanda Phillips, executive vice president of compliance at ACES Quality Management, about getting servicing staff and technology ready to meet upcoming regulatory requirements while ensuring quality throughout the life of the loan. Without technology, this will be an overwhelming burden.

Technology 412

Technology Lending Mortgage Investors 412

Appraisal Buzz

APRIL 7, 2022

Mortgage credit availability decreased in March according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from ICE Mortgage Technology. The index was benchmarked to 100 in March 2012. The MCAI fell by 0.7% The Conventional MCAI increased 0.3%, while.

Mortgage 221

Mortgage Lending Technology Appraisal 221

Housing Wire

AUGUST 7, 2023

Real estate still relies on a “system” unable to integrate production across the silos of media, brokerage, lending, insurance and trading. Technology and the trust model Real estate is too vital to our economy to be so financially concentrated and functionally outdated.

Supply Chain 370

Supply Chain Real Estate Architecture Brokerage 370

Appraisal Buzz

FEBRUARY 15, 2022

Mortgage credit availability decreased in January according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from ICE Mortgage Technology. The index was benchmarked to 100 in March 2012. The MCAI fell by 0.9% in January.

Lending 195

Lending Technology Mortgage Appraisal 195

Housing Wire

MAY 6, 2022

HousingWire recently spoke with John Keratsis, President and CEO of Deephaven Mortgage, about the potential benefits of non-QM lending in today’s tight housing market. The technology is excellent and has significantly streamlined our communications and processing. Deephaven has been doing non-QM since 2012.

Marketing 370

Marketing Lending Loan Officers Training 370

Housing Wire

SEPTEMBER 12, 2023

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. This left a void in the mortgage lending market, which was filled by IMBs.

Mortgage 418

Mortgage Investors Business Lending 418

Housing Wire

DECEMBER 16, 2021

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

Mortgage 370

Mortgage Loan Officers Retail Training 370

Appraisal Buzz

NOVEMBER 15, 2024

The report, which analyzes data from ICE Mortgage Technology, was benchmarked to 100 in March 2012. A decline in the index score indicates that lending standards are tightening, while increases in the score are indicative of loosening credit. Mortgage credit availability increased in October, rising to a score of 99.2

Mortgage 195

Mortgage Government Lending Technology 195

Housing Wire

MARCH 23, 2022

The program is available to a wide range of homeowners, with lending limits as high as $4 million*. 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.

Mortgage 397

Mortgage Clients Business Training 397

Housing Wire

NOVEMBER 23, 2022

Over the last year, it has also sold off large chunks of the business – including sub-servicing with ServiceMac and delegated correspondent to Planet Home Lending – which accounts for several thousand workers transitioning to new firms. billion in 2012, the company decided to shutter its business in 2017.

Marketing 397

Marketing Loan Officers Business Mortgage 397

Appraisal Buzz

OCTOBER 15, 2024

A decrease in the index score indicates that lending standards are tightening, while increases are indicative of loosening credit. The index was benchmarked to 100 in March 2012. Mortgage credit availability decreased in September, falling 0.5% to a score of 98.5 Credit availability for conventional loans decreased 1.7%

Mortgage 195

Mortgage Government Lending Investors 195

Housing Wire

AUGUST 31, 2022

The first category is real estate credit, which covers most establishments focused on lending with real estate as collateral. The second category is mortgage and non-mortgage brokers, which includes establishments that facilitate lending by bringing borrowers and lenders together. Source: Nationwide Multistate Licensing System.

Lending 397

Lending Mortgage Real Estate Loan Officers 397

Housing Wire

SEPTEMBER 28, 2023

The mortgage lending industry exists to make home loans, not to repossess them. A 2012 Gallup Poll asserted that 58% of Americans preferred that the federal government take additional action to prevent foreclosures. More importantly, technology is the ultimate fulcrum for “right-sizing” staffing levels. Nor should it be.

Legal 448

Legal Training Real Estate Business 448

Housing Wire

MAY 25, 2021

Freddie Mac also found a 50% increase in appraisals completed in 2020 compared to 2012, but no more appraisers on hand to complete those appraisals than there were in 2020. Leveraging mobile technology, there is also no reason why real estate professionals today cannot perform the basic duties of onsite data collection.

Appraisal 370

Appraisal Valuation Real Estate Modernization 370