Housing Wire

NOVEMBER 18, 2021

HousingWire recently sat down with Joe Hallett, Fannie Mae’s Vice President – Digital Products Management, to discuss how Fannie Mae is leveraging technology to expand access to homeownership. HousingWire: What have been some of the key drivers behind the digital mortgage transformation?

Technology 459

Technology Lending Mortgage Investing 459

Housing Wire

OCTOBER 5, 2023

AI and data-led fintech company Pagaya Technologies named Sanjiv Das as president. Das spent six years as CEO of Caliber Home Loans — a NewRez -owned residential mortgage lending company — until January 2022. The firm has been in the real estate business since 2020. We’re excited to welcome Sanjiv as President of Pagaya.

Technology 435

Technology Real Estate Lending Investors 435

Housing Wire

JANUARY 15, 2021

SoFi co-founder Mike Cagney’s latest digital mortgage operation Figure Lending closed on a $100 million funding facility from JPMorgan Chase this week. The warehouse facility will allow the company, a subsidiary of Figure Technologies , to originate conventional loans as well as jumbo loans , the company said in a statement Wednesday.

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Lending Technology Finance Insurance 358

Housing Wire

FEBRUARY 14, 2023

Benchmark Administration (IBA) , will take on a new role as president of ICE Mortgage Technology starting on March 1. ICE acquired Ellie Mae in 2020 from Thomas Bravo for $11 billion. “In ICE’s appointment of Bowler as incoming president ICE Mortgage Technology comes at a crucial time for the company.

Technology 397

Technology Mortgage Lending Business 397

Housing Wire

JANUARY 22, 2021

When the coronavirus pandemic hit in 2020, banks were among the many institutions moving quickly to adapt to all the changes that came with it. Amin manages a technology budget of $4 billion – one-third of Chase’s overall $12 billion budget – and over 12,000 technologists globally. Another one would be home lending.

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Lending Business Tools Technology 476

Housing Wire

OCTOBER 30, 2020

Floyd, who will assume the position in November 2020, brings more than 20 years of experience in the real estate industry to the role. Once he takes over as CEO, Floyd said he intends to use his role to help further the adoption of new technology in the title industry. and as president of SKLD Title Services.

Lending 397

Lending Clients Real Estate Development 397

Housing Wire

MARCH 23, 2021

The full extent of fraud in the mortgage industry may be impossible to fully quantify, but the 2020 True Cost of Fraud study by LexisNexis Risk Solutions estimated that the cost of fraud has risen 7.3% Now is the time for lenders to tighten their procedures not only on recruiting and hiring practices, but also lending operations.

Lending 476

Lending Mortgage Sellers Technology 476

Housing Wire

MARCH 15, 2021

What happens when borrowers can’t or won’t walk into a lending branch? HousingWire recently sat down with Insellerate CEO Josh Friend to discuss that very question and what strategies retail lenders should look to adopt from direct-to-consumer lending. Power 2020 U.S. Record low-interest rates have driven U.S.

Lending 418

Lending Retail Mortgage Loan Officers 418

Housing Wire

MARCH 11, 2025

Tomo, which was founded in 2020 by former Zillow executives Greg Schwartz and Carey Armstrong, has received a total of $130 million in funding to date. The companys tech-driven approach to lending is proving attractive to investors. Powered by OpenAI technology, the portal tailors listings by a users property specifications.

Mortgage 352

Mortgage Investors Insurance Loan Officers 352

Housing Wire

SEPTEMBER 27, 2022

Publicly traded real estate firm The Real Brokerage has struck an agreement to acquire the mortgage brokerage arm of real estate and mortgage technology company LemonBrew. Real’s technological vision for the future of integrated home buying is what drew us to the platform,” Dedhia said in a prepared statement. It has over 6,000 agents.

Brokerage 370

Brokerage Lending Loan Officers Technology 370

Housing Wire

FEBRUARY 2, 2023

Intercontinental Exchange (ICE) Mortgage Technology reported operating income of $57 million in 2022, down from last year’s $397 million — a reflection of the headwinds the mortgage industry is facing. The mortgage technology division at ICE posted $249 million in total revenue in the fourth quarter, down 9.8%

Technology 397

Technology Mortgage Clients Lending 397

Housing Wire

NOVEMBER 2, 2020

As a premier provider of innovative, high-performance software, data and analytics for mortgage and home equity lending and servicing, Black Knight is transforming the housing finance industry. Black Knight is a proven mortgage industry leader in servicing technology. Originations.

Lending 435

Lending Valuation Clients Tools 435

Housing Wire

DECEMBER 9, 2021

We’ve experienced the important role technology can play in helping homeowners access the tools and solutions their mortgage servicer is offering. We’re using] our technology to help homeowners and servicers alike facilitate more convenient and more equitable access to loan products and closings.”. HousingWire: ??Stavvy

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Technology Legal Tools Clients 418

Housing Wire

DECEMBER 14, 2021

That has some producers of non-QM loans, which require specialized underwriting expertise, looking to technology, big data and the development of automated underwriting platforms as the solution for dealing with the anticipated surge in loan volume in the years ahead.

Lending 397

Lending Technology Government Investors 397

Housing Wire

OCTOBER 7, 2020

“The market remains underserved in the sense that the mortgage lending market has changed so quickly that everyone is still trying to keep up,” Stone said. Stone also received October Research’s “Leadership Award” in September 2020. Now, at WFG’s 10-year anniversary, this vision holds even more relevance.

Real Estate 370

Real Estate Insurance Technology Loan Officers 370

Housing Wire

OCTOBER 14, 2020

In this session on servicing technology, you will discover: The benefits of adopting an AI-driven process to streamline and standardize data. To go back to the full HousingWire Annual 2020 on demand summit, go here. Panelist: John Heck, Senior Advisor of Lending Solutions, Capacity Jim Albertelli, CEO, Albertelli Law.

Technology 370

Technology Law Lending Mortgage 370

Housing Wire

OCTOBER 15, 2021

Home lending proptech Roostify is releasing the “first of many” APIs on its existing lending platform built to automate document validation and data extraction in the lending process. In 2020 alone, Roostify saw a 250% increase in the number of applications submitted through its system and processed just under 1.5M

Lending 412

Lending Development Training Mortgage 412

Housing Wire

DECEMBER 1, 2020

Land Gorilla founder and CEO Sean Faries is relentless in his pursuit of technology innovations that drive efficiency while simultaneously reducing risk in construction and renovation lending. Faries believes technology should enhance digital experiences for all project stakeholders.

Renovations 274

Renovations Construction Inspection Technology 274

Housing Wire

DECEMBER 7, 2020

HousingWire recently spoke with Mike Fierman, managing partner and co-CEO of Angel Oak, about the non-QM lending outlook for 2021 and how Angel Oak’s “originate to hold” model benefits originators. HW: How did your integrated model help you in 2020 – particularly after the pandemic and pause in the spring?

Lending 394

Lending Clients Investing Investors 394

Housing Wire

OCTOBER 12, 2021

The home lending industry has a massive opportunity to digitalize to create efficiencies and to deliver a simpler end-to-end user experience hat would benefit both borrowers and servicers. Digitalization in the home lending industry does not always require companies to entirely invent new technology solutions.

Lending 370

Lending Technology Investing Loan Officers 370

Housing Wire

SEPTEMBER 15, 2020

Last spring, the housing industry was forced to pivot its traditionally in-person processes and harness available technology resources amid the spread of COVID-19. Technology needs to support the business, not define how the business operates,” Crisenbery said. “We A great example is remote online notarization.

Technology 488

Technology Lending Tools Clients 488

Housing Wire

NOVEMBER 12, 2024

It was suspended in 2020 due to economic volatility caused by the COVID-19 pandemic, but it marked its return in February 2023 with a minimum-age eligibility reduction to 55. The potential for building on HomeSafe Second’s numbers also comes from broader trends in the home equity lending space, she said.

Modernization 370

Modernization Mortgage Design Advertising 370

Housing Wire

FEBRUARY 24, 2021

HousingWire: What role has the increase in technology played for both businesses and consumers in the real estate space? Vance Loiselle: In the 20th century, the primary technology innovations in real estate were the telephone and the MLS. This will result in a major shift in how people use their homes and where they want to live.

Real Estate Agent 368

Real Estate Agent Real Estate Agents Loan Officers 368

Housing Wire

AUGUST 3, 2021

The blockchain revolution may soon be coming to mortgage lending. The Mike Cagney-led fintech lender Figure Technologies , most recently valued at $3.2 According to Inside Mortgage Finance, Homebridge was the 28th-largest mortgage originator in 2020, originating about $26.4 billion in mortgages.

Mortgage 516

Mortgage Architecture Lending Technology 516

Housing Wire

MAY 24, 2021

Stavvy, a Boston-based fintech, announced Monday that it landed a $40 million Series A funding round led by Morningside Technology Ventures. Servicers must be powered by nimble technology to be heroes to borrowers, stalwarts to investors, and stewards of consumer protection to regulators. Presented by: Sagent Lending Technologies.

Technology 448

Technology Lending Investors Modernization 448

Housing Wire

FEBRUARY 20, 2025

Garg explained that Better utilized its marketplace lending model that includes 32 different investors across the mortgage landscape from real estate investment trusts and insurance companies to hedge funds, major correspondent lenders and the government-sponsored enterprises Fannie Mae and Freddie Mac. ” How is it so fast?

Business 299

Business Renovations Investors Market Value 299

Housing Wire

MARCH 8, 2021

For many in the housing industry, the events of 2020 accelerated tech adoption. HousingWire sat down with Renata Sheyner, vice president of product at CreditXpert, to learn more about key technologies that lenders need to give more attention to. First, mortgage lending is highly volatile.

Technology 443

Technology Lending Loan Officers Development 443

Housing Wire

APRIL 5, 2022

Top mortgage lending software and analytics provider Black Knight is exploring a sale following takeover interest from several private equity firms, according to a report from Bloomberg. million in 2020. Black Knight said that in 2020 it recorded a $62.1 million, up 29% from the same period in 2020. Revenue reached $386.2

Lending 435

Lending Technology Mortgage Investing 435

Housing Wire

JANUARY 3, 2022

As a result, 77% of counties included in the report have now been labeled as less affordable by ATTOM, up from 39% of counties in the fourth quarter of 2020. The data vendor also noted that in the third quarter of 2021 , 428 counties from the same data set were labeled as less affordable, up from 224 counties in the fourth quarter of 2020.

Property Taxes 535

Property Taxes Lending Housing Market Insurance 535

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: How has COVID-19 impacted technology strategies for mortgage lenders? What are some examples of these strategies?

Business 435

Business Lending Technology Clients 435

Housing Wire

FEBRUARY 9, 2021

A decline in the MCAI indicates that lending standards are tightening, while increases in the index are indicative of loosening credit. What happens when borrowers have more control of the lending process? FormFree is launching a blockchain-based exchange for consumers to take control of the mortgage lending process.

Mortgage 542

Mortgage Lending Government Contracts 542

Housing Wire

MARCH 25, 2021

Other investors included Rotor Capital , The Mortgage Collaborative Emerging Technology Fund , Prudence Holdings and existing investors including Anthemis Group , Route 66 Ventures , and Sovereign’s Capital. The capital raise follows a $5 million Series A funding round in June 2020. mortgage market. Presented by: Sutherland.

Mortgage 448

Mortgage Lending Technology Loan Officers 448

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

APRIL 14, 2022

Consolidation in the mortgage industry is likely in 2022, analysts and lending executives said. A seasoned retail and commercial banking salesman in Fort Wayne, Indiana, the 39-year-old Woodward joined Interfirst Mortgage as a loan officer in October 2020 after a recommendation from an old college friend. trillion in 2020 and then $4.4

Mortgage 526

Mortgage Marketing Retail Lending 526

Housing Wire

DECEMBER 1, 2020

Most recently, his leadership has been dedicated to the development of a technology that facilitated aid to small businesses accessing critical Paycheck Protection Program funding, allowing them to retain more than 1 million jobs. The post 2020 HW Tech Trendsetter: Samir Agarwal appeared first on HousingWire.

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Modernization Development Technology Design 230

Housing Wire

SEPTEMBER 9, 2024

added mortgage lending under its umbrella by acquiring mortgage brokerage company Be My Neighbor on Monday. Publicly traded real estate software firm reAlpha Tech Corp. reAlpha agreed to pay Be My Neighbor an aggregate purchase price of up to $6 million. This consists of $1.5 million in cash paid on the closing date, $1.5

Brokerage 457

Brokerage Mortgage Real Estate Renovations 457

Housing Wire

MAY 22, 2024

The average cost for a retail mortgage lender to originate a loan reached $11,600 in the third quarter of 2023, up 35% — or nearly $3,000 per loan — when compared to fourth-quarter 2020, a period of low interest rates and high sales volume, according to a study published Tuesday by Freddie Mac.

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Retail Tools Lending Technology 459