Housing Wire

NOVEMBER 24, 2020

This year’s 2020 list of Housingwire Tech Trendsetters certainly earned their status as the housing industry was met with incredible challenges and new opportunities. This diverse group of tech professionals helped to bring about the long-awaited modernization of the housing industry. The rest of this content is for HW+ members.

Modernization 285

Modernization Housing Market Lending Clients 285

Housing Wire

DECEMBER 1, 2020

Despite the proliferation of mobile and online banking channels, local and regional financial institutions often lack the resources, expertise, and infrastructure to obtain modern digital solutions. The post 2020 HW Tech Trendsetter: Samir Agarwal appeared first on HousingWire.

Modernization 226

Modernization Development Technology Design 226

Housing Wire

DECEMBER 17, 2021

The survey’s main indicator score reached 128, a 20-point increase from 2020 to 2021. Fair lending laws and regulations have 60% of respondents very or somewhat concerned. The CFPB has made it clear, already, that fair lending enforcement is a top priority. 4 to Sept. It’s no mystery why.

Modernization 414

Modernization Lending Law Business 414

Housing Wire

MARCH 25, 2021

The capital raise follows a $5 million Series A funding round in June 2020. Clients include Credit Union of Colorado , Texas Lending and JMAC Lending. Increasing lending and servicing capacity – regardless of mortgage rates. In 2020, the company says it surpassed $6 billion in monthly loan volume on its platform.

Mortgage 448

Mortgage Lending Technology Loan Officers 448

Housing Wire

MARCH 8, 2023

District Court for the Southern District of Ohio last month, alleged that Park National failed to provide mortgage lending services by redlining majority-Black and Hispanic neighborhoods in the Columbus area from at least 2015 to 2021. The complaint, filed in federal court in the U.S.

Advertising 391

Advertising Lending Modernization Investing 391

Housing Wire

MAY 1, 2023

Eligible renovations can include property preparation for natural disasters or modernization to a home’s electrical or water systems. Between 2014-2020, the majority of PACE loans were used for natural disaster preparedness.

Property Taxes 390

Property Taxes Renovations Finance Lending 390

Housing Wire

NOVEMBER 19, 2021

The agency asks for comment on whether the HMDA rule has “brought greater transparency to the mortgage market,” and whether it helps identify possible discriminatory lending patterns and enforcement of anti-discrimination laws. The agency also uses HMDA data to identify and call attention to systemic issues in mortgage lending.

Lending 391

Lending Modernization Tools Mortgage 391

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. Since 2016, we’ve helped more than 51,000 families with their mortgage needs, lending more than $15 billion,” said Thornton. Learn here! Presented by: Maxwell.

Mortgage 365

Mortgage Technology Lending Modernization 365

Housing Wire

SEPTEMBER 18, 2020

As lenders continue to adjust to a new normal, the pivotal role of technology has become increasingly clear in maximizing productivity and keeping lending pipelines flowing. HousingWire reached out to Chandler to discuss how COVID-19 has propelled a much-needed modernization among lenders. What are some examples of these strategies?

Business 435

Business Lending Technology Clients 435

Housing Wire

JUNE 2, 2023

District Court for the Eastern District of Pennsylvania , ESSA “failed to provide mortgage lending services and did not serve the credit needs of majority-Black and Hispanic neighborhoods in the Philadelphia metropolitan area” from 2017 to 2021. According to a complaint filed by DOJ in the U.S. It is simply the right thing to do.”

Lending 321

Lending Advertising Design Loan Officers 321

Housing Wire

AUGUST 31, 2022

Gloudeman’s career in mortgages and financial services will help “modernize compliance strategies for the quickly evolving mortgage landscape” as traditional approaches are falling behind, said Perry Steiner, chairman and CEO of Xactus said. Gloudeman started on Tuesday. .

Modernization 370

Modernization Technology Clients Insurance 370

Housing Wire

MAY 24, 2021

Our first goal was to make mortgage lending easier and more accessible, but we’ve been intentional in recognizing that our technology can be used to facilitate so much more, including commercial lending, servicing, foreclosure and more,” Ligris said. How modernized servicing creates customers for life.

Technology 447

Technology Lending Investors Modernization 447

Housing Wire

AUGUST 2, 2021

Snapdocs provides lenders with a pragmatic, proven path to adopting digital closings – an approach that also offers borrowers a modern, digital closing experience every single time. Waterstone is one of the nation’s largest mortgage lenders with 650 employees lending in 48 states. Briana Ings, Vice President of Product.

Modernization 397

Modernization Technology Mortgage Design 397

Housing Wire

JULY 28, 2022

Xactus will add flood services to its list of verification solutions with the acquisition of MassiveCert , a software company that provides flood zone determinations for insurance, lending and real estate. MassiveCert will be rebranded as Xactus Flood Solutions. The terms of the deal were not disclosed.

Insurance 368

Insurance Clients Modernization Technology 368

Housing Wire

SEPTEMBER 30, 2021

RPA has been a necessity due to minimal in-person interactions during the pandemic in 2020 and has continued in 2021. It’s more important than ever for your bank to invest in solutions to reach new consumers and meet their expectations of convenient, modern banking and lending.

Insurance 355

Insurance Lending Modernization Clients 355

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. Inventory issues. Push for tech.

Mortgage 518

Mortgage Inventory Real Estate Technology 518

Housing Wire

APRIL 21, 2021

In the 30-minute question-and-answer session with Kristy Fercho, MBA’s chair-elect and executive vice president and head of home lending at Wells Fargo , Calabria said his expectations are that by mid-summer, the FHFA would end the flexibilities on collateral valuations unless circumstances force another extension.

Real Estate Agent 418

Real Estate Agent Valuation Appraisal Modernization 418

Appraisal Buzz

NOVEMBER 3, 2021

As the appraisal process is undergoing major shifts towards modernization and new levels of automation, this void was ripe for a solution. The CRN Standards Committee, chaired by Elizabeth Green, Chief Product Solutions and Data Officer for LoanLogics, is working to provide a resource to the residential mortgage lending industry.

Valuation 370

Valuation Development Technology Appraisal 370

Housing Wire

MAY 25, 2021

Modernization will either take root and flourish throughout every branch of the mortgage industry, or our industry could miss a critical window to introduce meaningful reforms. In 2020, the use of “blind” appraisal waivers reached staggering, record highs. Poor data visibility.

Appraisal 369

Appraisal Valuation Real Estate Modernization 369

Housing Wire

MARCH 1, 2022

In eOriginal’s 2020 Tech100 nomination, the company boasted about the efficiency their ClosingCenter product brought to mortgage lending clients; Fairway achieved 80% faster mortgage acceptance by secondary market investors and also realized a 90% reduction in interest expenses to warehouse lenders for mortgages closed using ClosingCenter.

Real Estate 395

Real Estate Brokerage Real Estate Agent Technology 395

Housing Wire

MAY 5, 2021

Our floor plans and elevations will uniquely feature a modern and sleek look but will still maintain a similar feel to what was built in the 1960s.”. originated roughly 104,000 in loans in 2020, worth $30.38 In response to the hot housing market , April of 2020 saw a 10.6% Its sister business, Broker Solutions, Inc.,

Modernization 243

Modernization Realty Real Estate Housing Market 243

Housing Wire

DECEMBER 9, 2020

mortgage and housing markets and serves an audience of lending, servicing, investment and real estate market participants. In 2020, HousingWire surpassed 10 million annual unique visitors and has over 100,00 subscribers to its newsletters. HousingWire is a leading source for news and information regarding the U.S.

Real Estate 539

Real Estate Brokerage Legal Real Estate Agent 539

Appraisal Buzz

JUNE 10, 2021

Clario’s growth is unprecedented, expanding from 30 staff appraisers in 2019 to over 100 by the end of 2020, and is on target to employ 180 staff appraisers by the end of 2021. We specialize in real estate valuations for the mortgage lending and financial services industries. About Clario: Clario Appraisal Network, Inc.

Appraisal 370

Appraisal Valuation Training Real Estate 370

Housing Wire

APRIL 6, 2022

In an effort to cool inflation , the Fed has started rolling back the pandemic stimulus measures put in place beginning in 2020. Starting in March of 2020, the Fed began employing its tactic of quantitative easing (QE) by introducing a series of economic stimulus measures in response to the COVID-19 crisis. The impact of liquidity.

Modernization 418

Modernization Mortgage Marketing Design 418

Housing Wire

JANUARY 8, 2021

LendWize took over management of the platform in early 2020 and integrated ARIVE’s software into its own technology stack. Months after taking over management of broker LOS platform ARIVE , mortgage software startup LendWize has finalized a deal to take complete ownership of the origination platform.

Modernization 418

Modernization Technology Tools Mortgage 418

Housing Wire

JANUARY 27, 2022

alleging that the bank carried out redlining in its mortgage lending practices. 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. In October, the Fair Housing Center of Central Indiana filed a complaint against Old National, ??alleging

Advertising 418

Advertising Modernization Retail Development 418

Housing Wire

MARCH 9, 2021

Most agree that in 2021, we will not match the astronomical origination volume seen in 2020. How hybrid title and valuations help increase lending efficiency. It’s also a selling point to your potential lending clients. Having a modern, streamlined process makes a potential lending client’s decision much easier.

Marketing 468

Marketing Technology Lending Business 468

Appraisal Buzz

AUGUST 9, 2021

There are many facets to the appraisal business: lending, non-lending work, residential, and commercial work. Understanding what drives interest rates should be of utmost importance to an appraiser that is doing predominately lending work. For example, the 2020-2021 USPAP will now be effective until December 31, 2022.

Appraisal 435

Appraisal Inspection Lending Business 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.”. ReverseVision marks the second mortgage software provider acquired by CMS in the last couple of years. This is a developing story.

Development 396

Development Modernization Technology Mortgage 396

Housing Wire

JULY 13, 2021

After a relatively slow start, Guaranteed Rate Affinity took off in 2020 – its equity earnings jumped to $126 million compared to $15 million a year earlier, according to Realogy’s public filings. Guaranteed Rate and Realogy teamed up for a mortgage origination joint venture when the pair launched Guaranteed Rate Affinity in 2017.

Brokerage 305

Brokerage Real Estate Clients Agents 305

Housing Wire

OCTOBER 6, 2020

Lending technology out of focus. However, the back-office efficiencies that were supposed to result from collecting all of the borrower’s financial information into the loan origination system (LOS) electronically – a revolutionary result of the application of big data principles to the mortgage lending lifecycle – never materialized.

Technology 476

Technology Mortgage Investors Investing 476

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. These time-savings are critical in today’s lending environment.

Clients 416

Clients Technology Insurance Loan Officers 416

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). There is a reason lenders do not lend money based on analysis prepared by persons who have an interest in the property or the transaction.

Appraisal 370

Appraisal Marketing Real Estate Inventory 370

Housing Wire

JUNE 8, 2022

With interest rates hitting all-time lows, lenders doubled their origination volume to more than $4 trillion in both 2020 and 2021, hired more staff and ramped up investment in technology to close loans faster. Many mortgage analysts and consultants noted new tech is needed to build modern, efficient and automated processes.

Mortgage 396

Mortgage Technology Loan Officers Investing 396

Housing Wire

MARCH 28, 2022

In March 2020 all of that changed. Now, after two years of drinking from a firehose, mortgage lenders must pivot once again to succeed in the vastly different lending landscape that lies ahead. You are suited, showered and seated behind a desk in a bustling office. trillion in U.S. trillion in U.S. trillion in 2021 to $2.6

Marketing 370

Marketing Real Estate Agent Business Transportation 370

Housing Wire

DECEMBER 14, 2021

The Office of the Comptroller of the Currency issued a final rule Tuesday to rescind the June 2020 proposed Community Reinvestment Act (CRA) rule, setting the stage for more reform. In May, the OCC announced its intention to rescind the 2020 rule. The post OCC issues final rule to axe 2020 CRA version appeared first on HousingWire.

Modernization 425

Modernization Insurance Finance Lending 425

Realtor

MAY 15, 2023

Lenders have a vested interest in the home appraisal because it protects them from lending more money than they can recoup should you default on your loan and go into foreclosure. And in 2018, Fannie Mae began testing its hybrid appraisal, a method it had worked on for years to speed up and modernize the traditional appraisal process.

Appraisal 107

Appraisal Real Estate Appraisal Process Market Value 107