Remove Clients Remove Inventory Remove Loan Officers Remove Technology
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Radian Group announces strategic investment in FinLocker 

Housing Wire

Radian Group announced a strategic investment in FinLocker that will closely connect the technology between Radian’s Homegenius platform and FinLocker’s financial fitness and homeownership platform. Clients of FinLocker include loan officers, mortgage lenders, servicers, banks and credit unions.

Investing 451
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Lenders can use closing technology as a bargaining chip

Housing Wire

While new technologies have a reputation for breaking the bank, the average lender only budgets less than 10% of their overall operations costs for technology. Without loan officer adoption, that spend becomes frivolous, making a lender’s decisions on which technologies to include in the tech stack extremely important.

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NFM Lending integrates Knock bridge loan into its application process

Housing Wire

Real estate technology firm Knock announced Thursday that its bridge loan product is being integrated into the borrower application process at Baltimore -based NFM Lending. The bridge loan estimate is being integrated into the lender’s workflow through an Encompass plugin.

Lending 430
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This growing IMB aims to capture leads through its proprietary tech, not agent referrals

Housing Wire

Non-QM ripe for the taking Faced with a lack of inventory across the country, lenders have been exploring ways to create new buyers. Target buyers for Cliffco include non-traditional buyers seeking investor loans. The lender has about 80 loan officers and aims to hire up to 100 in states.

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eXp and Kind plan mortgage JV by October

Housing Wire

The Mobile “Must-Haves” Reshaping Mortgage Technology. This white paper looks at the mobile technology must-haves helping lenders streamline consumer experiences, improve workflow efficiencies, enhance partner collaboration and ultimately execute successful digital mortgage strategies.

Mortgage 417
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Some lenders won’t survive the purchase mortgage market of 2022

Housing Wire

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. However, they are hampered by comparatively poor technology and the slow speed at which they can close a loan, analysts said.

Mortgage 525
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Opinion: Is the lending market overcorrecting toward tech? Maybe

Housing Wire

Inventory is contracting. Technology has been the focal point of that evolution more out of necessity than some consensus that homebuyers don’t want to interact with their lenders at all. Customer-facing technologies, particularly loan origination and decisioning software, are now standard in mortgage lending’s tech stack.

Lending 368