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FHA unveils Automated Underwriting System as part of modernization initiative

Housing Wire

The AUS is built upon FHA’s Catalyst technology platform – a modernization initiative the company says will build trust through “reliable and accurate data, facilitating modern systems for the FHA program participant community.” It is modernization of the entire process.

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Builders apply the brakes amid canceled contracts

Housing Wire

However, for the first time in recent modern-day history — due to supply chain issues and other factors — housing completion data has lagged behind housing permits and starts. For the builders, they have a new problem: they had homes under contract and then mortgage rates jumped in the biggest fashion ever recorded in history.

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CHLA: Here’s how to modernize ‘short-changed’ Ginnie Mae

Housing Wire

The Community Home Lenders of America (CHLA) on Wednesday released a plan that it says would “modernize” Ginnie Mae , the government-owned company that manages the securitization of government-sponsored loans. CHLA added in a statement that the release of these recommendations is designed to coincide with relevant news.

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In the race to modernize title, firms double down on software

Housing Wire

In the next five-to-10 years, Doma CEO Max Simkoff wants to make it possible for a homebuyer to sign a contract on their new home on a Friday evening and move in on a Monday morning. The post In the race to modernize title, firms double down on software appeared first on HousingWire. Qualia CEO Nate Baker.

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The best real estate transaction management software for 2025

Housing Wire

per month per user Contract required: Month-to-month Integrations: Popular CRM platforms, lead generation platforms, accounting software Dotloop is perfect for bringing agents, clients, and support teams together on every transaction. Best for team collaboration: Dotloop Pricing: Starting at $31.99

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What ICE’s Encompass bombshell means for the mortgage industry

Housing Wire

31, 2025, which will modernize the mortgage market even if some vendors have to go kicking and screaming. “It’s a more modernized integration solution, and what it does more than anything is standardize the way over 400 third-party vendors talk to the system,” VanFossen said. ” he said.

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New construction vs. resale homes: How agents can guide buyers in today’s market

Housing Wire

Resale homes are typically ready for immediate occupancy, and a new owner can move in once the paperwork is complete and the mortgage has closed, sometimes as quickly as two to six weeks after the contracts have been signed. Renovating to modernize can add to the long-term cost of a resale home.