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UWM clears $1.33B in profits in Q4 2020

Housing Wire

At the close of 2020, UWM originated more than $182 billion in mortgages, blowing away the $107.8 billion in net income during 2020, and $1.37 The fourth quarter and 2020 overall was phenomenal for UWM and the wholesale channel by any measure,” Mat Ishbia, the wholesaler’s president and CEO said in a statement.

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Dark Matter Technologies names new deputy chief product officer

Housing Wire

Dark Matter Technologies , formerly Black Knight Origination Technologies , named Vikas Rao as its deputy chief product officer, the company announced on Tuesday. In his new capacity, Rao will directly report to chief product officer Stephanie Durflinger.

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Lone Wolf Technologies announces new platform

Housing Wire

Lone Wolf Technologies announced a new online platform, Lone Wolf Foundation, on Wednesday, designed to support a new generation of Lone Wolf solutions to be released in 2024. Agents and brokers will be able to fine-tune the technology depending on their needs. Lone Wolf’s software also integrates with a range of partners.

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Polly appoints former exec at ICE Mortgage Technology as COO

Housing Wire

He has more than 25 years of mortgage technology and enterprise software experience with his latest stint being chief product officer at Accela , a government tech provider. Prior to Accela, Coggiola spent 12 years leading product and technology initiatives at ICE Mortgage Technology , which was then Ellie Mae Inc.

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Lone Wolf Technologies partners with Arizona Regional MLS

Housing Wire

The Arizona Regional Multiple Listing Service (ARMLS) announced a partnership with Lone Wolf Technologies that will give ARMLS subscribers access to a tool designed to give agents information to guide their clients through an uncertain market. ” This isn’t Lone Wolf’s first partnership with an MLS this year.

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Stone Point Capital takes a stake in Keller Williams

Housing Wire

Stone Point is no stranger to the real estate industry, as it also holds strategic investments in Lone Wolf Technologies , Homepoint , CoreLogic and Meridian. It’s not immediately clear “that next level” is; the company was rumored to have been pursuing a plan to go public in 2020 but it never materialized.

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Real’s latest roster addition is the 150-agent ROVI Homes

Housing Wire

in both 2020 and 2021. ROVI also makes use of technology and specialized services, including listing and transaction coordinators. Rovithis complimented Real for its focus on technology and education. .” Since then, ROVI has not only grown its agent count but has accounted for $2 billion in home sales, according to Real.

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