Housing Wire

NOVEMBER 28, 2023

The new tool is an automated income verification feature, which is available across various types of loans, including conventional loans, FHA and VA loans. This latest iteration is part of FlexStack, which provides other services such as document classification and data extraction.

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Tools Technology Mortgage 435

Housing Wire

APRIL 11, 2022

LoanLogics this week rolled out LoanBeam Wage, a new automated tool that enables lenders to calculate borrower’s income quickly by using paper-based paystubs and W2s. Paper and PDF documents, such as paystubs and W2 forms, are used to qualify borrower income on roughly 70% of all applications containing wages.

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Tools Technology Mortgage 370

Housing Wire

SEPTEMBER 19, 2022

Mortgage tech startup Staircase says it has launched a tool that enables mortgage insurers to automate the underwriting of non-delegated mortgage insurance (MI) policies for lenders at about half of the typical cost. The post Staircase debuts tool to automate non-delegated mortgage insurance underwriting appeared first on HousingWire.

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Insurance Tools Mortgage Valuation 370

Housing Wire

OCTOBER 24, 2024

This includes taking a selfie and uploading their official identification documents. We’ve long since allowed people to use the platform with their team or our notaries, so we started to see people use the tool to secure wire information or cash disbursement or a seller-side deal that didn’t need to be notarized.”

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Tools Agents Sellers Investing 435

Housing Wire

OCTOBER 22, 2024

In this article, we’ll explore practical ways title companies can leverage AI to stay competitive in a fast-changing landscape, offering actionable tips to help you integrate these emerging tools responsibly and efficiently. AI-powered tools like Grammarly and Copy.ai This might include documents like deeds and title policies.

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Tools Training Real Estate Clients 448

Housing Wire

OCTOBER 23, 2024

Although most respondents expressed satisfaction with the digital tools offered by lenders — and expect more automation in future transactions — 60% said they would switch lenders if AI played a significant role in the process. Moskver expects that percentage to decrease over time as digital tools become more common.

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Mortgage Loan Officers Tools Technology 459

Housing Wire

MAY 28, 2021

Custodians are responsible for storing mortgage collateral documents on behalf of the investor for the life of the loan – 30 years, plus ~4 years after the mortgage is paid in full. There are approximately 55 million files currently held by document custodians, which is expected to grow to 61 million by 2025.

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Mortgage Investors Tools Technology 459

Housing Wire

FEBRUARY 23, 2024

Real estate agents, in particular, deal with extensive personal details during transactions, ranging from financial records to identification documents. Conducting due diligence in technology selection A crucial aspect of bolstering cybersecurity is choosing the right tools and platforms for real estate transactions.

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Real Estate Real Estate Agent Training Tools 468

Housing Wire

JUNE 12, 2024

Real Partners is a group of preferred vendors, tools and services for Real agents to utilize. These firms provide an array of services including listing, marketing , customer relationship management (CRM), accounting and document distribution solutions. The brokerage is still accepting applications for its partner program.

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Brokerage Agents Tools Real Estate 468

Appraisal Buzz

OCTOBER 24, 2024

Despite the perception that the mortgage industry is lagging in terms of technology adoption, our survey found that lenders are increasingly using digital tools to better engage with borrowers; and it’s clear from this research that borrowers are embracing the improved automated, less manual experience,” said Maria Moskver , CEO of Cloudvirga.

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Loan Officers Technology Tools Development 425

Housing Wire

OCTOBER 10, 2024

Tax payment history, legal documents and zoning information are also available at the push of a button. The marketing intelligence tools speak to the future, giving users the power to uncover market trends, customer preferences, partnerships and other predictive data.

Real Estate 459

Real Estate Tools Loan Officers Legal 459

Housing Wire

JULY 24, 2024

RealReports , a proptech firm that offers an artificial intelligence-based platform for property data , announced a new partnership this week with the San Francisco Association of Realtors (SFAR) to provide access to its tool to an estimated 5,000 members in the Bay Area.

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Realtors Tools Real Estate Agent Real Estate 468

Housing Wire

MARCH 11, 2024

Configured to give independent mortgage banks, federally insured banks and credit unions the needed tools at an accessible price point, Floify Lender Edition aims to increase lender profitability through its automated processes and efficiency tools, the company said.

Mortgage 448

Mortgage Loan Officers Real Estate Agent Design 448

Housing Wire

JULY 16, 2024

3 Besides portfolio monitoring, our tool offers property ownership / fast legal & vesting reports and access to externally sourced document images. . #2 Our platform provides updated insights through continuous monitoring for each property in your portfolio through dashboards, reporting, self-service capabilities, and more. #3

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Legal Valuation Tools Investors 448

Housing Wire

MARCH 4, 2024

Add mortgage tech firm Guideline Buddy to the list of companies with an artificial intelligence -powered chat tool. The new tool is designed to help loan officers, processors and underwriters instantly find the relevant mortgage guidelines they need.

Loan Officers 448

Loan Officers Tools Design Technology 448

Housing Wire

OCTOBER 2, 2024

United Wholesale Mortgage (UWM) announced new enhancements to its artificial intelligence -based chatbot on Wednesday, including the ability for brokers to “chat with documents,” calculate income immediately and help identify products that match borrowers’ needs.

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Technology Clients Tools Mortgage 448

Housing Wire

JANUARY 4, 2022

As a result, closings today fall on a spectrum of digitization, with benefits that increase with each component that is digitized and each document that is electronically signed (eSigned). On one end are traditional wet-ink signed closings, where all documents are signed in ink.

Investors 468

Investors Tools Technology Development 468

Housing Wire

SEPTEMBER 26, 2023

Ocrolus , an AI-driven financial document automation platform, has launched an enhanced dashboard for mortgage lenders, the company announced on Tuesday. This new tool will combine in one product three of the capabilities that single out Ocrolus: classifying, capturing and analyzing.

Mortgage 435

Mortgage Technology Lending Tools 435

Appraisal Buzz

AUGUST 5, 2024

With Candor’s PreQual tool, loan officers can streamline prequal or full conditional credit approval processes and provide borrowers with near-instant decisions, transforming the mortgage lending experience for all parties involved, the company says in a release.

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Tools Technology Mortgage Loan Officers 195

Housing Wire

MAY 8, 2024

Fannie Mae announced on Wednesday the availability of a new web-based option for its income calculator tool, which is designed to “help mortgage professionals serve the growing number of mortgage applicants in the U.S. The new option for the tool is available at no additional cost and can be accessed via the company’s website.

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Mortgage Design Tools Government 468

Housing Wire

NOVEMBER 4, 2024

Amerivest brings experienced agents and a suite of technology and education tools — covering marketing , business management, customer relationship management (CRM) and document management solutions — that will integrate into Real’s platform. The merger with Real marks a new chapter for Ballarino.

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Realty Agents Brokerage Tools 397

Appraisal Buzz

AUGUST 12, 2024

As the mortgage industry increasingly embraces technology to streamline the homebuying process, a recent survey reveals a significant opportunity for broader adoption of digital verification tools. Homebuyers particularly value the speed and simplicity that digital tools bring to the mortgage process.

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Tools Technology Loan Officers Modernization 195

Housing Wire

OCTOBER 4, 2021

Over half of Realtors said that social media was their top lead-generating technology tool, according to a new survey report from the National Association of Realtors. Other top lead generating tools included customer relationship management (31%) and MLS sites (28%).

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Realtors Technology Agents Tools 493

Housing Wire

JUNE 29, 2023

DocMagic , a provider of loan document generation and eMortgage services, announced this week the integration of its Total eClose platform with Finastra ‘s MortgagebotLOS solution. It enables the generation of compliant loan documents, facilitates borrower eSignatures, and allows for remote online notarizations (RON).

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Lending Tools Retail Clients 370

Housing Wire

FEBRUARY 9, 2023

LauraMac, a provider of mortgage loan review SaaS technology, announced on Thursday that it has integrated with LoanLogics IDEA , an intelligent document processing and data extraction technology. The resulting data will then be integrated into LauraMac’s Loan Review and incorporated into the workflow and processed by configurable rules.

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Technology Tools Buyers Sellers 361

Housing Wire

APRIL 18, 2023

However, there is an opportunity in the closing process for better integration between platforms to improve communication and sharing of documents between the brokerage, lender and closing company, each of which has its own process and technology, to relieve some of that stress.

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Tools Sellers Technology Loan Officers 395

Appraisal Buzz

AUGUST 26, 2024

The tool simplifies research, streamlines the selection of comparable sales, and expedites verification of property valuations – all while producing detailed, professional reports that instill confidence and drive well-informed decisions across the real estate landscape. The platform is engineered to help validate property valuations.

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Valuation Tools Reconsideration of Value Real Estate 195

Housing Wire

JANUARY 23, 2023

Revolution Mortgage today launched Tavant’s Decision Analysis solution, a tool for underwriters and quality control that can integrate with lender ecosystems. Revolution will implement Tavant’s document, credit, and collateral analyses solutions later this year.

Lending 448

Lending Mortgage Technology Design 448

Housing Wire

APRIL 20, 2022

In order to have time available to invest in these activities, agents and their brokerages have employed a wide variety of technology tools that simplify and streamline managing client relationships and marketing, as well as platforms that help agents manage documents and track transactions through the closing process.

Real Estate Agent 448

Real Estate Agent Real Estate Agents Brokerage 448

Housing Wire

OCTOBER 15, 2021

Home lending proptech Roostify is releasing the “first of many” APIs on its existing lending platform built to automate document validation and data extraction in the lending process. A super useful tool, given the tech can trigger additional steps if needed in what would typically be a paper-leaden trail. and 0.99. .

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Lending Development Training Mortgage 412

Housing Wire

MARCH 8, 2022

Now, from within the RealDeals portal, preferred agents can track the borrower’s status, manage documents — such as uploading purchase agreements and downloading conditional approval letters — for faster closings. Product Fast Facts. #1.

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Loan Officers Realtors Tools Real Estate 417

Housing Wire

OCTOBER 4, 2022

Closing fee-related compliance tool provider LodeStar is integrating with title insurance provider Stewart , the companies said Monday. Users can also streamline cost estimates and documents mandated by the TILA-RESPA Integrated Disclosure Rule (TRID) such as the Loan Estimate (LE).

Human Resources 448

Human Resources Loan Officers Insurance Tools 448

Housing Wire

MAY 20, 2024

It aims to allow any person or business to legally notarize a document online through a web portal or dedicated mobile application after users go through an identity verification process. Recently , the company launched an artificial intelligence (AI)–powered fraud detection tool called Defend that is built into the Proof platform.

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Legal Agents Tools Business 458

Appraisal Buzz

SEPTEMBER 30, 2024

They are asking for speed, transparency and accessibility to documents, account information and customer service. However, servicers can use this time to further develop technological tools and processes to improve the experience, access, and interaction throughout the life of the customer’s mortgage.

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Technology Tools Investing Mortgage 406

Housing Wire

MARCH 10, 2021

Refinances spiked in 2020, but with the COVID-19 pandemic keeping most people at home, a need arose for digital, easy-to-use and reliable tools that can result in consistent digital experiences for service partners and their clients. How hybrid title and valuations help increase lending efficiency. Streamline by combining services.

Real Estate Agent 435

Real Estate Agent Valuation Real Estate Tools 435

Appraisal Buzz

SEPTEMBER 1, 2024

In July, HUD, through the Federal Housing Administration (FHA), made available translated versions of 19 single-family mortgage documents used in the servicing of FHA-insured mortgages. These documents will be available in Chinese, Korean, Spanish, Tagalog, and Vietnamese.

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Insurance Clients Training Law 360

Housing Wire

JULY 31, 2022

And its technology also includes tools to make the workflow efficient and scalable. CXChoice is an integrated SaaS technology and production platform used to assign notaries to each order, based upon criteria set by the client.

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Training Clients Technology Tools 370