Housing Wire

NOVEMBER 10, 2020

The validation and approval of Classic FICO by the enterprises allows them to continue supporting the mortgage market while assessing more modern credit score models that were submitted in response to the 2020 Joint Enterprise Credit Score Solicitation ,” the FHFA announced.

Government 540

Government Modernization Finance Development 540

Housing Wire

SEPTEMBER 26, 2023

There, he modernized the company’s technology infrastructure and optimized business processes, resulting in a 30% increase in operational efficiency. Dovenmuehle was 2020 HW Tech100 Mortgage winner Prior to joining Dovenmuehle Mortgage, Howerton was the leader platform security engineer at IBM.

Technology 434

Technology Modernization Development Business 434

Housing Wire

MAY 20, 2024

” In July 2020, Ginnie Mae first implemented its digital collateral program amid an industry request for optimization and alignment with policies and practices. “Elevated interest rates have been a challenge across financial markets, and the housing market is no exception.”

Mortgage 468

Mortgage Modernization Housing Market Finance 468

Housing Wire

MARCH 25, 2021

The capital raise follows a $5 million Series A funding round in June 2020. In 2020, the company says it surpassed $6 billion in monthly loan volume on its platform. Maxwell will use the additional capital to accelerate product development, market penetration, and product and engineering recruitment.

Mortgage 448

Mortgage Lending Technology Loan Officers 448

Housing Wire

AUGUST 17, 2021

But there are definitely a few main things to looks out for — many of which are carrying over from a turbulent 2020 and early 2021 — when it comes to the upcoming landscape for the rest of 2021: Lack of inventory Fluctuating interest rates Increased adoption of technology. Eric Levin is EVP of Client Development at Model Match.

Mortgage 518

Mortgage Inventory Real Estate Technology 518

Housing Wire

JULY 16, 2021

As Chief Operating Officer at First Guaranty Mortgage Corp , Sarah Gonzalez has modernized the FGMC brand, recruited top talent and implemented operational efficiencies that significantly reduce the cost per loan across all production channels. During her third year at FGMC, Gonzalez was recognized by HousingWire as a 2020 Vanguard.

Investing 397

Investing Training Development Modernization 397

Appraisal Buzz

NOVEMBER 3, 2021

The Collateral Risk Network (CRN) announced today its formal endorsement of the gross living area measuring standard developed by the National Association of Home Builders (NAHB). As the appraisal process is undergoing major shifts towards modernization and new levels of automation, this void was ripe for a solution.

Valuation 370

Valuation Development Technology Appraisal 370

Housing Wire

SEPTEMBER 18, 2020

HousingWire reached out to Chandler to discuss how COVID-19 has propelled a much-needed modernization among lenders. HW: Where would you advise clients and colleagues to focus their technology resources as we navigate the second half of 2020 and prepare for 2021? HousingWire’s nominations are now open for our 2020 Tech Trendsetters.

Business 435

Business Lending Technology Clients 435

Housing Wire

FEBRUARY 2, 2022

ConsumerDirect Mortgage rebranded itself to Real Genius and announced the launch of a modern mortgage application platform to simplify a borrower’s experience. Real Genius, a division of FirstBank , one of Tennessee’s largest community banks , said that its application platform will provide borrowers with rate and cost transparency.

Mortgage 370

Mortgage Technology Lending Modernization 370

Housing Wire

MAY 24, 2021

COVID19 certainly accelerated development and focus on servicing, coming out of 2019 with record low default and foreclosure.”. How modernized servicing creates customers for life. When we launched Stavvy in late 2019, we had no idea what was in store for the world in 2020.

Technology 448

Technology Lending Investors Modernization 448

Housing Wire

DECEMBER 9, 2020

In 2020, HousingWire surpassed 10 million annual unique visitors and has over 100,00 subscribers to its newsletters. FinLedger launched in August of 2020, and is focused on covering banktech, insurtech, proptech and payments news for financial services and fintech professionals. About HW Media.

Real Estate 539

Real Estate Brokerage Legal Real Estate Agent 539

Appraisal Buzz

FEBRUARY 7, 2022

Prior to 2020, the most common appraisal label in the mortgage origination ecosystem was the Full Appraisal. The onset of the Covid-19 pandemic in 2020 introduced two new appraisal labels – the Exterior-only Appraisal and the Desktop Appraisal. Appraisal Labels. interior and exterior). Lenders rely on regulation and policy.

Appraisal 435

Appraisal Inspection Development Technology 435

Housing Wire

FEBRUARY 10, 2022

This acquisition expands our footprint in the digital mortgage ecosystem, and we are thrilled to have them join us as we continue to develop innovative and streamlined technology solutions in the lending space.”. In January, the company also added a new director of business development. This is a developing story.

Development 397

Development Modernization Technology Mortgage 397

Housing Wire

JANUARY 14, 2022

HomeSmart, like Compass , Keller Williams , eXp and other brokerages, states it has unique technology to modernize real estate. HomeSmart’s revenue soared 74% from the first nine months of 2020, when the company reported $275 million generated. million profit in the first nine months of 2020, before the $2.3

Brokerage 448

Brokerage Real Estate Agents Loan Officers 448

Housing Wire

MARCH 23, 2021

Aqil Ahmed: The year 2020 was an unprecedented one, with the global pandemic and economic uncertainty impacting each of us in one way or another. It is imperative to develop standards for these methodologies to ensure that the data is objective, accurate and free from inherent biases. HW: What is the No.

Appraisal 417

Appraisal Valuation Inspection Modernization 417

Housing Wire

JANUARY 27, 2022

FHCCI alleged that of the 2,250 mortgage loans made by Old National from 2019 to 2020, only 37 were to Black borrowers across the entire Indianapolis market. million loan subsidy fund, and provide substantial support for community development corporations and community organizations based and working in Indianapolis’ Black neighborhoods.

Advertising 418

Advertising Modernization Retail Development 418

Housing Wire

MARCH 8, 2023

When banks fail to provide equal access to lending services in neighborhoods of color, they engage in modern day redlining and exacerbate the racial wealth gap in our country,” Kristen Clarke, assistant attorney general of the Justice Department’s civil rights division, said in a statement.

Advertising 397

Advertising Lending Modernization Investing 397

Housing Wire

MARCH 1, 2022

million investment in eOriginal, a multi-year Tech100 winner that developed a ‘simple closing experience for lenders, borrowers and settlement agents.’ Later in 2020, eOriginal was acquired by Wolters Kluwer for $280 million in cash and continues to operate within the Wolters Kluwer Governance, Risk & Compliance business.

Real Estate 397

Real Estate Brokerage Real Estate Agent Technology 397

Housing Wire

JUNE 18, 2024

In many ways, today looks and feels very similar to January 2020. In January 2020, market consensus also indicated a healthy economy with concerns that the consumer was poised for weakness. Today’s consumer looks a lot like pre-pandemic First, how prepared are mortgage servicers for the next hardship cycle?

Mortgage 447

Mortgage Technology Investors Modernization 447

Housing Wire

SEPTEMBER 17, 2022

The Federal Housing Administration on Thursday said it would pause the mandatory effective date for its electronic appraisal delivery module because it is “reassessing aspects of [its] development and implementation.”. The module was introduced as a pilot in 2020 with no set deadline for lenders to transition.

Appraisal 418

Appraisal Property Appraisal Development Insurance 418

Housing Wire

APRIL 6, 2022

Although no one can predict exactly how the markets will react to certain events, mortgage lenders that develop a strategy for the uncertainty we find ourselves in will be best equipped to handle whatever comes next. More rate hikes from the Fed. This means that the March interest rate hike will not be the last. The impact of liquidity.

Modernization 418

Modernization Mortgage Marketing Design 418

Housing Wire

MAY 8, 2023

Department of Housing and Urban Development ( HUD ) , that 200,000 represented close to 20% of all single-family homes supplied to the market in 2019. This provides modern-feel homes to mostly newer homeowners. A nationwide mortgage forbearance program was legislated into reality by Congress through the CARES Act, also in April 2020.

Inventory 435

Inventory Renovations Supply Chain Buyers 435

Appraisal Buzz

DECEMBER 27, 2021

Beginning in January 2020, 7% of purchase transactions had a contract price above the appraisal value. Thus, the FHFA will likely have to develop a set of best practices in the coming years to prevent these snags and protect you and lenders. Shifting Toward Modernization. Total year-end sales volume ended at 5.64

Appraisal 397

Appraisal Valuation Modernization Contracts 397

Housing Wire

AUGUST 2, 2021

Our application development team has extensive experience building bank-grade, highly secure software systems and the data is transmitted and stored using industry-best data security practices. Terri Davis leads Notarize’s efforts to empower the success of partners as the company digitizes processes and modernizes real estate.

Legal 397

Legal Real Estate Technology Modernization 397

Housing Wire

OCTOBER 27, 2020

HousingWire recently spoke with Susan Falsetti, managing director of Origination Title and Close at ServiceLink, about the state of title in 2020 and how the EXOS technology platform allowed ServiceLink clients to take advantage of virtual closing solutions. This technology became essential amid social distancing guidelines.

Clients 418

Clients Technology Insurance Loan Officers 418

Appraisal Buzz

OCTOBER 15, 2024

Home Renters Dish Out Their Amenity Wishlist A modernized kitchen was the feature that most house tenants mentioned when asked what they would change about their property. million last year from 14 million in 2020. In conclusion, data from the IPUMS Census show that the number of single-family renter households increased to over 14.2

Tenants 370

Tenants Renovations Modernization Contracts 370

Housing Wire

APRIL 7, 2023

Research from Glossy and Modern Retail coined the “Great Mall Overhaul ” and made the call for a pivot, the evolution from transactional to experiential. An opportunity for commercial real estate investors and developers? What does this sound like to you? I think so too. Let’s take a look at office space.

Retail 418

Retail Real Estate Clients Modernization 418

Housing Wire

DECEMBER 15, 2021

HousingWire recently spoke to Finance of America Mortgage President Bill Dallas about viable alternative options for homebuyers and the innovative products FAM offers to meet the unique financial needs of today’s modern borrowers. These local zoning laws make it illegal for developers to build anything other than single-family detached homes.

Finance 418

Finance Construction Law Inventory 418

Appraisal Buzz

OCTOBER 3, 2022

I am in the camp with many that believe the market will continue to feel price pressure, at least until inventory levels begin to return to normal (2019 or early 2020 levels, at least). This month’s supply measurement remains 0.9 months less than what it was in 2019. Why inventory levels matter to appraisers. Of course not.

Appraisal 370

Appraisal Marketing Real Estate Inventory 370

Housing Wire

OCTOBER 6, 2020

As we look to the future, big data and smart automation will continue to drive our development efforts, but the focus of the resulting innovations will evolve, and that will change everything. Many were pleasantly surprised that today’s modern web-based LOS platforms were designed to accommodate this. Lending technology out of focus.

Technology 476

Technology Mortgage Investing Investors 476

Housing Wire

FEBRUARY 6, 2023

For example, when the CARES Act went into effect to provide mortgage payment relief as the COVID-19 pandemic spiked in 2020, servicers powered by Sagent were ready with push-button forbearances on day one of the CARES relief effective date. These needs must be met with, or without, modernized technology.

Mortgage 396

Mortgage Investors Technology Modernization 396

Housing Wire

APRIL 21, 2022

To Ballard, 3D printing technology is evolving to solve a crisis in modern day America and the world: The failure to meet people’s demand for housing. In 2020, we estimate that there were only 65,000 new entry-level homes completed, less than one-fifth of the entry-level homes constructed per year in the late 1970s and early 1980s.”

Construction 418

Construction Supply Chain Investors Business 418

Housing Wire

JUNE 11, 2024

Tyrrell was a long-time executive at Ellie Mae before it was acquired by Intercontinental Exchange (ICE) in 2020. JT: Yes, they really foster this belief that regardless of what industry you’re in, there are best practices that companies develop over time. Optimal Blue was acquired by Constellation Software earlier this year.

Technology 445

Technology Supply Chain Training Business 445

Appraisal Buzz

AUGUST 5, 2024

Despite reforms after the 2008 financial crisis, the markets were unprepared for March 2020. Discover the soft skills of some of the world’s most successful leaders, develop these skills for yourself, and apply them to your interpersonal relationships and work environments – and see where this takes you!

Tools 221

Tools Appraisal Valuation Business 221

Cleveland Appraisal Blog

JANUARY 21, 2021

Cracks develop when stress upon a dwelling exceeds its strength. Remember, if you develop a crack, on your house that is, do not panic! A Case of COVID, 2020, and Birmingham Real Estate – Birmingham Appraisal Blog (I’m grateful that my friend Tom Horn survived COVID and is blogging again!). It may not be a big deal.

Appraisal 232

Appraisal Inspection Real Estate Market Value 232

Cleveland Appraisal Blog

MARCH 4, 2021

So, while the cabinets may be in good shape, many homeowners will eventually replace the countertops, sink and appliances with a more modern look and improved functionality. Birmingham Real Estate: 2019 vs 2020 – Birmingham Appraisal Blog. Of course, a ten-year old kitchen is going to have some wear and tear from use.

Appraisal 222

Appraisal Real Estate Real Estate Agent Loan Conditions 222

Cleveland Appraisal Blog

FEBRUARY 4, 2021

Especially is this the case with condominiums or homes in tract developments. Fannie New Appraisal Form Modernization – APPRAISAL TODAY. January Newsletter – 2020 Recap – DW Slater Blog. Overbidding in a Hot Real Estate Market – Birmingham Appraisal Blog. – Sacramento Appraisal Blog.

Advertising 198

Advertising Valuation Appraisal Renovations 198