Housing Wire

SEPTEMBER 8, 2022

People who invest in technology often ask the question: is this a “nice to have,” or a “need to have?” Few have the resources to invest in technologies they don’t need. What’s the worst that can happen if we don’t invest in this technology?”. Mike is an experienced mortgage loan officer. Not anymore.

Business 432

Business Marketing Technology Tools 432

Housing Wire

OCTOBER 16, 2023

HousingWire recently spoke to Alex Elezaj, chief strategy officer at UWM , about the work independent mortgage brokers can do right now to prepare for when rates drop and how to go above and beyond for clients. HousingWire: Why should independent mortgage brokers embrace today’s market? They want the house.

Business 420

Business Real Estate Agent Marketing Clients 420

Housing Wire

JUNE 13, 2024

According to the most recent Home Equity Conversion Mortgage (HECM) endorsement data compiled by Reverse Market Insight (RMI), Annapolis, Maryland-based South River Mortgage is the ninth-largest reverse mortgage lender in the country with 496 endorsements in the 12-month period ending May 31.

Business 440

Business Mortgage Loan Officers Investing 440

Housing Wire

JUNE 3, 2024

Roof AI , an artificial intelligence -powered sales assistant that helps real estate and mortgage companies generate revenue across their business units, announced the integration of OpenAI ’s technology into its system, significantly boosting its capabilities. Roof AI will slowly roll out Roof Pro over the following weeks.

Technology 441

Technology Real Estate Brokerage Modernization 441

Housing Wire

MARCH 12, 2024

nonbank mortgage lenders continue to gain market share as the industry consolidates and a number of smaller players exit the space due to a lack of strong franchises to retain sufficient volume, Fitch Ratings reported Tuesday. Fairway Independent Mortgage Corp. Rocket Mortgage had purchase origination volume of $47.5

Mortgage 466

Mortgage Marketing Retail Lending 466

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 firm expects a business model that focuses on recurring revenue will help grow the business by 8-10% per year.

Technology 384

Technology Mortgage Clients Lending 384

Housing Wire

FEBRUARY 22, 2024

Growing and changing is vital to expand your services and business growth so that you can tailor services in REO. Tiffany Fletcher, senior vice president of operations support and operational risk for VRM Mortgage Services , offers strategies for doing just that, showing how VRM is growing and changing during these unique times.

Business 408

Business Marketing Real Estate Legal 408

Appraisal Buzz

SEPTEMBER 16, 2024

Ronald Chillemi has been appointed Chief Legal Officer (CLO) and Corporate Secretary of Figure Technology Solutions, Inc. He will oversee the legal and compliance departments of the business in this capacity. Chillemi was Deputy General Counsel at Better, a mortgage lender, and General Counsel at Aven before coming to Figure.

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Legal Technology Law Government 195

Housing Wire

AUGUST 11, 2021

Insights by ICE Mortgage Technology. The post Mortgage Tech Demo Day: Insights by ICE Mortgage Technology appeared first on HousingWire. Product Fast Facts. #1. A software as a service industry and peer benchmarking product with an intuitive interface that is quickly provisioned and can be immediately used. #2.

Technology 397

Technology Mortgage Business Marketing 397

Housing Wire

JANUARY 24, 2024

San Diego-based reverse mortgage wholesale lender Smartfi Home Loans has forged a partnership with LoanPASS to use the technology company’s software-as-a-service (SaaS) product and pricing engine in its reverse lending operations. This attribute is echoed in the LoanPASS partnership announcement.

Technology 417

Technology Lending Business Mortgage 417

Housing Wire

NOVEMBER 16, 2023

CUSO Home Lending rolled out Dark Matter Technologies ’ Empower loan origination system (LOS) for its credit union owners. Dark Matter Technologies, which completed the acquisition of Black Knight ’s Empower and Optimal Blue in September, is prioritizing bringing down origination costs for lenders.

Technology 410

Technology Lending Development Mortgage 410

Appraisal Buzz

JUNE 18, 2024

Few factors dictate the housing market more than mortgage rates. And when rates are high, many borrowers put their home financing decisions on hold, and most lenders and servicers struggle to find new business—usually after they lay off staff, which doesn’t make the challenge any easier.

Marketing 394

Marketing Technology Investing Tools 394

Housing Wire

NOVEMBER 2, 2023

Intercontinental Exchange (ICE) Mortgage Technology reported an adjusted operating income of $131 million in the third quarter of 2023, up from Q3 2022’s $126 million — despite the headwinds the mortgage industry is facing. We don’t have a business of selling leads to real estate brokers and the like. “We

Business 311

Business Mortgage Technology Real Estate Agent 311

Housing Wire

APRIL 13, 2023

First Federal Bank will acquire the mortgage division of BNC National Bank , which will give the Florida-headquartered community-based bank a nationwide consumer direct mortgage platform. The purchase, which includes the bank’s consumer-direct technology platform, is expected to close in the second quarter of 2023.

Business 384

Business Mortgage Loan Officers Lending 384

Housing Wire

SEPTEMBER 13, 2024

Realtor.com has hired an experienced entrepreneur for its marketing team, as Christine Jacobson has joined the company as senior vice president of B2B marketing. We’re thrilled to welcome Christine to the Realtor.com team,” Mickey Neuberger , the company’s chief marketing officer, said in a statement to HousingWire.

Marketing 410

Marketing Real Estate Realtors Clients 410

Housing Wire

OCTOBER 5, 2023

HousingWire Editor in Chief Sarah Wheeler sat down with Adam Carmel , founder and CEO at Polly , to talk about the ways technology should be delivering ROI for lenders. Sarah Wheeler: The cost to originate a mortgage is higher than ever, while companies have invested more in technology than ever before.

Technology 419

Technology Lending Mortgage Business 419

Appraisal Buzz

JUNE 25, 2024

When asked to rank-order the most critically important issues facing mortgage lenders today, respondents to The Mortgage Collaborative ’s 2024 Pulse of the Network survey identified business development as their top concern. And while 36.7% And while 36.7%

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Development Business Mortgage Inventory 195

Housing Wire

JULY 11, 2024

Fintech firms Rocktop Technologies and LiquidFi on Thursday announced a milestone in their business partnership that was formed earlier this year. At the same time, LiquidFi — an asset tokenization platform for mortgage investors — has used its patented technology to create digital assets on more than $7.7 billion in UPB.

Mortgage 410

Mortgage Investors Technology Clients 410

Housing Wire

SEPTEMBER 10, 2024

HousingWire asked past Tech Trendsetter honorees about the biggest tech transformations they’ve witnessed and where companies in mortgage and real estate should focus their energy in 2024. Dive into their insights on how AI is reshaping the future of mortgage and real estate. It has transformed how we think, work, and conduct business.

Real Estate 421

Real Estate Mortgage Tools Technology 421

Housing Wire

JUNE 10, 2024

Mortgage veteran Joe Tyrrell will succeed Scott Smith as CEO of Optimal Blue , the company announced Monday. Tyrrell has more than 25 years of experience in mortgage, finance and technology, serving as president of ICE Mortgage Technology for three years after ICE bought Ellie Mae in 2020.

Mortgage 424

Mortgage Client Relationships Technology Clients 424

Appraisal Buzz

MAY 17, 2024

Brad Vasto has joined Asurity Technologies, which offers consumer lending compliance software and advisory services, as senior vice president – sales. Vasto has more than 30 years of experience in meeting the needs of the mortgage, banking, and financial services industries.

Technology 195

Technology Lending Business Development 195

Housing Wire

NOVEMBER 30, 2020

The Mortgage Collaborative, an independent cooperative network in the mortgage industry, today announced the launch of TMC Emerging Technology Fund LP, a venture capital program funded by a self-selected segment of TMC members to capture opportunities driven by the rapid pace of technological change in the mortgage sector.

Technology 370

Technology Mortgage Investing Design 370

Housing Wire

JANUARY 31, 2024

Dark Matter Technologies (DMT) tapped Tony Fox, former director of ICE Mortgage Technology , as its new chief of client engagement. Fox was director of client management at I CE Mortgage Technology for four months after the firm acquired Black Knight in September 2023.

Mortgage 410

Mortgage Technology Clients Development 410

Housing Wire

APRIL 14, 2022

Consolidation in the mortgage industry is likely in 2022, analysts and lending executives said. Justin Woodward has experienced the best and the worst of the mortgage industry in only 18 months. “I had not done first mortgage lending before, but I was familiar with the basics of real estate lending.

Mortgage 522

Mortgage Marketing Retail Lending 522

Housing Wire

MAY 17, 2024

Mortgage advisory firm Stratmor Group has merged with Teraverde , a mortgage advisory firm and technology solutions provider, in a deal that the companies say will allow them to expand the markets they serve and the depth of services provided. The terms of the deal were not disclosed.

Mortgage 418

Mortgage Technology Clients Business 418

Housing Wire

JUNE 20, 2023

Mike Cagney’s Figure Technologies rolled out a wholesale lending platform that will give loan originators access to the company’s home equity line of credit (HELOC) offering. The funding timeline of five business days assumes closing the loan with Figure’s remote online notary, Figure said.

Technology 369

Technology Lending Housing Market Investors 369

Housing Wire

SEPTEMBER 20, 2024

As a result, lenders can scale their businesses more effectively, respond to market demands faster, and provide a smoother, more user-friendly experience for borrowers, all while reducing costs. That’s not sustainable for a healthy mortgage industry. HousingWire: Will adopting digital lending drive higher mortgage business?

Lending 418

Lending Mortgage Technology Tools 418

Housing Wire

MAY 26, 2023

Whether you believe the worst market conditions are now behind us or that the coming months will remain turbulent, there’s no doubt that title related businesses will need a combination of thrift, ingenuity, innovation and persistence to be successful for the foreseeable future. This can be a profitable strategy.

Business 366

Business Marketing Law Technology 366

Housing Wire

MARCH 15, 2024

Optimal Blue has brought on Sara Holtz, former vice president of demand marketing and communications at ICE Mortgage Technology , as chief marketing officer (CMO). Holtz is HousingWire ’s 2023 HW Marketing Leader award recipient.

Mortgage 421

Mortgage Technology Valuation Investors 421

Housing Wire

MARCH 28, 2024

A race is a useful analog for the mortgage business, especially as it relates to the refinance business. Lenders in a purchase money market, like the one we’re in now, are running a long-distance race. In our business, that’s the refinance transaction. It’s the sprint that can really set lenders apart.

Mortgage 465

Mortgage Technology Tools Business 465

Housing Wire

AUGUST 5, 2024

markets on Monday as the S&P 500 and the Dow Jones Industrial Average fell by 3% and 2.6%, respectively. While technology-sector darlings such as Nvidia and Apple got thumped the hardest, the real estate industry also took its fair share of lumps. Rocket Mortgage, which has a huge refinance business, added 3% in value.

Brokerage 466

Brokerage Marketing Real Estate Mortgage 466

Housing Wire

SEPTEMBER 24, 2024

Roemanu , the holding company for Toorak Capital Partners and Merchants Mortgage , announced on Tuesday that it has hired former Finance of America executive Charles Macintosh as its chief operating officer. Founded in 2016, it connects small-balance residential and commercial mortgage originators with institutional capital.

Investing 377

Investing Home Improvement Finance Business 377

Housing Wire

AUGUST 9, 2024

Although mortgage rates remain high and the overall real estate market is slow, we’re pleased to see revenue growth in the quarter in both the direct and agency channels,” Carolyn Monroe, the president and CEO of Old Republic’s title segment, said during the firm’s Q2 2024 earnings call. “We’re million and a 50.8%

Marketing 399

Marketing Technology Insurance Investing 399

Housing Wire

JANUARY 11, 2023

Nashville, Tennessee-headquartered Defy Mortgage is the latest player to join the non-QM (non-qualified mortgage) lending space, which targets entrepreneurs and gig workers who have various forms of collateral, including cryptocurrency. We are able to count it as liquidity from a reserve requirement and for asset depletion.”. “We

Lending 421

Lending Mortgage Marketing Technology 421

Housing Wire

FEBRUARY 16, 2024

Cautious optimism is prevalent in the mortgage industry for 2024 as industry professionals anticipate the recovery of lost origination volume. Our mission is to help loan originators become better at what they do in every aspect of their business and in their life,” Braheem said.

Mortgage 410

Mortgage Marketing Loan Officers Training 410

Housing Wire

SEPTEMBER 27, 2023

Despite mass layoffs in the wake of the Federal Reserve’s fight against inflation, mortgage professionals still see opportunities in the market. in events to garner business. Others allocated resources into digital marketing (31.1%), automation technology (26.7%) and market data (19.3%). Roughly 36.3%

Housing Market 421

Housing Market Mortgage Marketing Inventory 421

Appraisal Buzz

JUNE 20, 2022

The Mortgage Collaborative ’s TMC Emerging Technology Fund LP recently participated in a follow-on round to a recent $3.5 million Series A completed by leadPops , a digital customer acquisition software and marketing innovation platform. .

Technology 195

Technology Investing Mortgage Tools 195