Housing Wire

JANUARY 11, 2024

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 468

Investing Loan Officers Technology Inventory 468

Housing Wire

MARCH 6, 2025

Real credited its technology offerings and business model for the explosive growth in agents. It started 2024 with 18 loan officers and finished the year with about 90. Net cash provided by operating activities a measure of how the business is performing outside of investing and financing activities was $48.7

Brokerage 367

Brokerage Agents Loan Officers Business 367

Housing Wire

SEPTEMBER 2, 2021

As tighter margins take hold, lenders will be forced to shave costs elsewhere and invest in a tech stack that will improve efficiency, automate manual tasks and manage the peaks and valleys of volumes. The post Lenders can use closing technology as a bargaining chip appeared first on HousingWire.

Technology 459

Technology Loan Officers Mortgage Investing 459

Housing Wire

MAY 30, 2023

And, in the mortgage industry, AI will play an instrumental role in helping loan officers to be more efficient, according to Nima Ghamsari , Blend ‘s co-founder and CEO. The most difficult part, however, is building the technology. Ghamsari: I think the technology is extremely difficult to build.

Loan Officers 415

Loan Officers Technology Investing Mortgage 415

Housing Wire

JANUARY 22, 2024

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. Prior to Accela, Coggiola spent 12 years leading product and technology initiatives at ICE Mortgage Technology , which was then Ellie Mae Inc.

Technology 438

Technology Mortgage Loan Officers Clients 438

Housing Wire

JANUARY 8, 2024

ICE Mortgage Technology — part of Intercontinental Exchange (ICE) – will be offering lenders access to investment advisory advice in its Encompass loan origination system (LOS) through a partnership with Halcyon , a tech firm specializing in advanced data integration. “In

Clients 457

Clients Investing Mortgage Technology 457

Housing Wire

MARCH 11, 2025

Were excited to invest in Tomo and to support their mission to modernize the home buying experience, Erwin Raeth, corporate development leader at Progressive Insurance, said in a statement. and it has existing offices in Detroit and Seattle. Powered by OpenAI technology, the portal tailors listings by a users property specifications.

Mortgage 323

Mortgage Investors Insurance Loan Officers 323

Housing Wire

SEPTEMBER 21, 2023

HousingWire Editor in Chief Sarah Wheeler sat down with Jimmy Kelly, president and CEO of Lone Wolf Technologies , to discuss the company’s development process and his vision for a connected real estate platform. That is a lot of technology and a lot of wasted effort. This interview has been edited for length and clarity.

Technology 434

Technology Real Estate Agents Design 434

Housing Wire

MARCH 4, 2022

California-based nonbank lender Carrington Mortgage Services has invested in boosting the growth of its wholesale channel, with the latest announcements including a new loan processing technology and plans to increase the sales team. The technology is available only for full-doc government and non-QM loans.

Technology 370

Technology Logistics Government Retail 370

Housing Wire

SEPTEMBER 5, 2023

I sat down with Tim Bowler, president of ICE Mortgage Technology, a business unit of ICE, to talk about the company’s mortgage automation strategy — and what keeps him up at night. SW: ICE Mortgage Technology is known for its focus on automation. Sarah Wheeler: ICE’s acquisition of Black Knight just closed today.

Technology 416

Technology Mortgage Tools Insurance 416

Housing Wire

MARCH 28, 2024

The digital lender made changes in its commercial operating model to achieve this goal and will continue to invest in Tinman, its proprietary technology platform. The operating model change involved Better pivoting to hiring experienced loan officers on commission-based compensation plans.

Loan Officers 458

Loan Officers Technology Investing Realtors 458

Housing Wire

AUGUST 29, 2022

Ishbia is confident his firm can benefit from this trend by cutting prices for brokers and bringing more retail loan officers to its wholesale channel, whose market share currently stands at around 20%. It’s an investment for the long term, strategically building the broker channel.” Multibillion dollar investment.

Investing 435

Investing Loan Officers Retail Mortgage 435

Housing Wire

SEPTEMBER 11, 2023

To get there, Cliffco, which has been in business since 1987, is going after the non-qualified mortgage ( non-QM ) market and investing in tech to get in front of buyers and non-agent referral partners. The lender has about 80 loan officers and aims to hire up to 100 in states. But the client gets to benefit from that.”

Loan Officers 418

Loan Officers Agents Retail Technology 418

Housing Wire

DECEMBER 21, 2021

If you take the temperature of how loan officers are feeling ahead of the holiday season, the scale would likely read “uneasy.” According to Fahad Janvekar, a loan officer at Fairway Independent Mortgage , “there is definitely some concern” about layoffs in the industry.

Loan Officers 468

Loan Officers Retail Business Mortgage 468

Housing Wire

MARCH 30, 2021

CreditXpert, a software solutions company, provides loan officers with the tools needed to help their clients reach their dream of homeownership. This allows the loan officer to focus on sales activities and provide their leads with better service. Technology can enable lenders to educate borrowers.

Loan Officers 468

Loan Officers Clients Tools Technology 468

Housing Wire

MAY 2, 2024

loan officer Timothy Potempa has departed Dallas-based multichannel lender OneTrust Home Loans to join E Mortgage Capital , bringing his team of about 40 people and more than $300 million in annual production to the company headquartered in California. ” According to Scotsman Guide , Potempa was the No. million. .

Loan Officers 448

Loan Officers Mortgage Retail Lending 448

Housing Wire

JUNE 5, 2024

Top mortgage technology executives say their companies are embracing artificial intelligence (AI) in their operations but still relying on human decision-making to sell loans. “There’s one question every CEO, CTO, CIO, loan officer, processor, underwriter, they all ask the same thing: will AI replace my job?

Mortgage 456

Mortgage Loan Officers Technology Tools 456

Housing Wire

JUNE 20, 2024

While there will always be a need for the next innovative idea that keeps housing finance moving forward, our industry’s real problem is not an inability to devise technological advances that save lenders and consumers money—it’s our inability to adopt and execute at scale. Drastic times call for drastic measures.

Technology 440

Technology Loan Officers Tools Investing 440

Housing Wire

OCTOBER 9, 2023

More than a mortgage app Developed by the company’s in-house technology team, the Rate App took two-and-a-half years to bring to market and an investment of “millions of dollars,” Ciardelli said, though he declined to provide a specific figure. Users are “cookied” to the loan officer who shares the app with them, Ciardelli explained.

Loan Officers 448

Loan Officers Mortgage Technology Realtors 448

Housing Wire

SEPTEMBER 27, 2021

Exponentially increase your loan officers’ origination potential without incurring additional expense? Examiners such as the CFPB and FDIC provide stringent oversight of digital activity, and mistakes can cost you and your loan officers dearly. Sounds too good to be true, doesn’t it?

Loan Officers 370

Loan Officers Training Development Technology 370

Housing Wire

APRIL 30, 2024

We’ve also implemented project management technologies and streamlined processes to improve workflow and turnaround times for loan officer requests, effectively halving the time it takes to fulfill them. Instead, we invest heavily in empowering our loan officers.

Loan Officers 448

Loan Officers Technology Modernization Project Management 448

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.

Business 459

Business Marketing Technology Tools 459

Housing Wire

FEBRUARY 16, 2021

As demonstrated in the brilliant UWM Superbowl ad , Millennial homebuyers are looking to technology to match them with the right partners in life, including their mortgage. Good technology should be the language loan officers use to communicate with their customers, not their replacement. #4 5 Technology becomes fintech.

Mortgage 534

Mortgage Technology Loan Officers Business 534

Housing Wire

SEPTEMBER 1, 2023

New York-based investment firm Cerberus Capital Management has entered into a definitive agreement to acquire home equity lender Spring EQ , the companies announced on Friday. Founded in 1996, Pennsylvania-based Spring EQ offers home equity, HELOCs, refis and purchase loans. The terms of the deal were not disclosed. accelerates.

Loan Officers 418

Loan Officers Investing Technology Mortgage 418

Housing Wire

JULY 30, 2021

HousingWire recently sat down with Total Expert Director of Technology Alliances Josh Lehr to learn more about recent trends around direct-to-consumer lending. During the last year, lenders brought on more staff and implemented technology to originate historically high volumes of refinances due to record-breaking low rates.

Loan Officers 418

Loan Officers Lending Technology Tools 418

Housing Wire

FEBRUARY 1, 2024

The restructuring also includes reduced compensation for loan officers, and sources said that many are seeking new opportunities at rival lenders. ” Employees on Thursday told HousingWire that significant changes were made to loan officer compensation agreements and they expected many LOs to depart for other lenders.

Retail 458

Retail Loan Officers Business Real Estate 458

Housing Wire

OCTOBER 13, 2021

has raised $175 million to accelerate growth and fund new technologies , just 16 months after relaunching its operations. Funds managed by Oaktree Capital Management , MFA Financia l, various family offices, and other strategic investors invested through a StoicLane’s special purpose vehicle, StoicLane said.

Mortgage 395

Mortgage Investors Investing Loan Officers 395

Housing Wire

JANUARY 27, 2022

San Francisco-based startup Vesta, which provides a software-as-a-service platform for mortgage loan originators, announced on Thursday that it raised $30 million through a Series A funding round. The new capital will be invested in an “aggressive” hiring plan and technology expansion.

Mortgage 397

Mortgage Investors Loan Officers Technology 397

Housing Wire

JUNE 16, 2023

SimpleNexus , a homeownership platform developer for loan officers, borrowers, real estate agents, and settlement agents, announced this week a new integration with Empower, the loan origination system (LOS) from Black Knight. ” SimpleNexus , an nCino company, is a developer of mobile-first technology for mortgage lenders.

Loan Officers 369

Loan Officers Real Estate Agent Technology Real Estate 369

Housing Wire

JULY 16, 2024

As a result, we have streamlined areas of our technology team and various other areas to attain operational efficiency. The most recent layoff reported at Radian occurred in November 2022 , when the company cut 166 jobs at its headquarters and Allegheny County office in Pennsylvania. As of March 31, 2024, the company maintained $1.1

Insurance 429

Insurance Loan Officers Technology Real Estate 429

Housing Wire

NOVEMBER 14, 2024

Sarah Wheeler: What differentiates Polly’s technology? Adam Carmel: The technology is only as good as the people building it, and their propensity to really push the envelope and think through all of the pain points that have existed through 20-plus years of legacy, antiquated systems and approaches. No — we want to execute.

Loan Officers 195

Loan Officers Architecture Technology Modernization 195

Housing Wire

MAY 23, 2022

Pink slips will arrive for California employees at six offices in Thousand Oaks, Pasadena, Roseville, Westlake Village, Agoura Hills, and Moorpark. The latest round of WARN notices will impact 59 loan officers in the Thousand Oaks, Pasadena, and Roseville offices. The company announced it was investing $3.9

Loan Officers 418

Loan Officers Human Resources Mortgage Business 418

Appraisal Buzz

OCTOBER 11, 2024

Candor Technology has expanded its Loan Engineering System (LES) to include Federal Housing Administration (FHA) loans. In an industry first, Candor’s LES not only automates underwriting decisions for FHA loans but also offers a warranty on income calculations and cleared conditions for funded FHA loans.

Technology 195

Technology Loan Officers Insurance Investing 195

Housing Wire

FEBRUARY 28, 2024

Newrez loan officers, in return, will benefit from predictive analytics that allow them to better manage customers along their home purchase journey, the lender said. Sellers can receive a 1% real estate agent commission reduction when selling with a Newzip-affiliated agent.

Real Estate Agent 448

Real Estate Agent Real Estate Loan Officers Agents 448

Housing Wire

MARCH 28, 2024

It’s amazing how many loan officers miss this, don’t return the call quickly, and lose their race before it’s even underway. Build the right team Given the new technologies and expert outsourcing options available to lenders today, staffing up to handle new business doesn’t make as much sense as it did in the past.

Mortgage 486

Mortgage Technology Tools Business 486

Housing Wire

JUNE 30, 2023

“The increased investment in technology and additional resources GRI brings will enhance and strengthen an already established foundation.” ” Premia ‘s production represents a small share of G-Rate’s origination volume, which reached $7 billion in the first three months of 2023.

Mortgage 369

Mortgage Loan Officers Technology Buyers 369

Housing Wire

SEPTEMBER 25, 2024

Today’s focus is on cultural fit, innovative talent compensation strategies, and leveraging technology to stabilize workforce needs through economic cycles. loanDepot’s focus is on the sales side, attracting experienced loan officers (LOs) and people who want to join the industry via its accelerated career in effective sales (ACES) program.

Mortgage 458

Mortgage Loan Officers Retail Training 458