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Floify rolls out income/employment verification technology

Housing Wire

Digital mortgage automation solution provider Floify launched verification of income (VOI) and verification of employment (VOE) waterfall technology that aims to save lenders and mortgage brokers time and reduce costs during the loan origination process. Founded in 2013, Floify — a subsidiary of Porch Group Inc. —

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Floify’s new platform aims to provide flexible pricing for mortgage lenders

Housing Wire

Solutions within Floify Lender Edition allow lenders to improve recruitment and retention of top-producing loan officers and to navigate regulatory landscapes, according to the company’s website. Founded in 2013, Floify — a subsidiary of Porch Group Inc. —

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SimpleNexus secures $108 million in Series B funding round

Housing Wire

The platform allows loan officers to become “mobile originators,” using their smartphones to view applications, pull credit reports and oversee all aspects of the loan process while connecting in real-time to their LOS.

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This techie mortgage broker has cleared $1 billion in originations this year. And now Thuan Nguyen is scaling up

Housing Wire

In 2013, Thuan Nguyen was working out of his chaotic office in the heart of Silicon Valley. At that point, Loan Factory had about 200 loans and just 13 employees. The office was like a market,” Nguyen recalled. “It And it’s because of the software, because of the technology. They hustled, too.

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Princeton CEO Rich Weidel on the promise vs reality of mortgage tech

Housing Wire

Sarah Wheeler: In the past you said that technology isn’t a differentiator, it’s just an equalizer. Rich Weidel: Yes, and even more now that we’re seeing in this down cycle which technologies provide value and which are just an expense. It wasn’t that long ago that technology was going to change everything.

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Interfirst, the phoenix of mortgage, lays off hundreds

Housing Wire

By July 2013, things were going so well that Godin and his wife purchased a lakefront mansion in Winnetka, Illinois, for nearly $13 million , a record for the posh Chicago suburb. The lender originated $10 billion in mortgages in 2013, $5 billion in 2014, $3 billion in 2015 and just $2 billion in 2016 before shutting down altogether in 2017.

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Freddie Mac posts $12.1B income in 2021

Housing Wire

Hayden, who will serve on the GSE’s committees for operations and technology, as well as the committee on risk, started his career as a loan officer and loan purchaser. He was also vice chairman of Residential Mortgage Services Holdings from 2013 to 2021. The post Freddie Mac posts $12.1B

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