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Is technology the problem, not the solution, in the mortgage industry?

Housing Wire

The mortgage industry has long been promised a technological revolution to streamline workflows, reduce operational costs, and enhance efficiency. Yet, despite significant investments in new technologies, the cost to originate loans has dramatically increased. Complex systems may require extensive training and adjustment periods.

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Lone Wolf launches new tools designed to help buyer agents

Housing Wire

The role of the buyer’s agent has been turned on its head and Lone Wolf Technologies wants to help. The real estate software company is launching a “Buyer’s Agent Club” that is designed to assist agents in navigating an uncertain time in the industry through resources, tools and training.

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Encompass by ICE Mortgage Technology: A flexible end-to-end origination solution

Housing Wire

Encompass by ICE Mortgage Technology aims to provide a flexible end-to-end solution for lenders in a modern market. “We’re always looking for ways to make the loan process smoother,” an ICE Mortgage Technology representative explained. Regulations shift, customer needs evolve, and economic conditions fluctuate.

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Polly appoints former exec at ICE Mortgage Technology as COO

Housing Wire

Coggiola will be responsible for Polly’s product, implementation, support and design teams, working toward seamless cross-organization collaboration. 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.

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Matthew Wood: Today’s LOS’s Must Be Designed With Future Technologies in Mind

Appraisal Buzz

PERSON OF THE WEEK: The mortgage market is, unfortunately, set for another slowdown, but that means mortgage lenders have more time to focus on refining the technology and processes they use to improve the experience for their borrowers. Very often, only those LOS providers who continuously innovate will have a meaningful answer to this.

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Roof AI powers its sales assistant with OpenAI technology

Housing Wire

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.

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Floify rolls out income/employment verification technology

Housing Wire

Digital mortgage automation solution provider Floify launched verification of income (VOI) and verification of employment (VOE) waterfall technology that aims to save lenders and mortgage brokers time and reduce costs during the loan origination process. Founded in 2013, Floify — a subsidiary of Porch Group Inc. —