Remove Investors Remove Lending Remove Technology
article thumbnail

Dominion Financial creates AI assistants for real estate investors, mortgage brokers

Housing Wire

On Monday, the company announced the addition of two artificial intelligence-powered assistants to help real estate investors and mortgage brokers. Harvey will assist real estate investors while Donna is for mortgage brokers. It’s technology designed to feel human.”

article thumbnail

Dunmor CEO Franck Ruimy on Newfi partnership and the residential investment lending sector

Housing Wire

Last week, business-purpose residential mortgage lender Dunmor announced that it received a minority equity investment from Newfi Lending , a nonagency mortgage lender owned by funds managed by Apollo Global Management. Apollo has 16 lending platforms in the U.S. Would you say that the majority of these are smaller investors?

Lending 364
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Figure Technologies launches wholesale lending platform

Housing Wire

Mike Cagney’s Figure Technologies rolled out a wholesale lending platform that will give loan originators access to the company’s home equity line of credit (HELOC) offering. Cagney’s attempt to bring blockchain technology to mortgage lending at scale dates back to August 2021.

article thumbnail

How ICE Mortgage Technology is automating everything automatable for lenders and investors

Housing Wire

Encompass by ICE Mortgage Technology offers a truly differentiated digital platform that provides straight-through processing for a comprehensive end-to-end workflow. In today’s chaotic market, mortgage companies need to streamline the mortgage process so they can originate more loans. mortgage market in MERS.

article thumbnail

Startup Novaprime debuts AI-powered loan platform to massively cut processing time

Housing Wire

Mortgage technology startup Novaprime is making its public debut with the launch of an AI-powered loan platform that it claims allows lenders to sell loans to investors in just days, instead of weeks, all with a high degree of accuracy. Novaprime is starting with post-close quality control functions and working backwards.

Investors 435
article thumbnail

The Acra alternative: Inviting all borrowers to the party with non-QM options

Housing Wire

How can today’s mortgage lending market be summed up in one word? Acra Lending has done precisely that. Acra Lending is a proven leader in the space, and it has adapted and thrived despite market shifts. higher interest rates and elevated home prices create openings for non-QM lending. billion to $3.47

Lending 312
article thumbnail

Figure Lending shifts to new operational umbrella

Housing Wire

Figure Lending LLC is now operating under the umbrella of Figure Technology Solutions , independent of CEO Mike Cagney ’s Figure Technologies. to take its lending division, LendCo , public. JP Morgan Chase & Co. and Jefferies Financial Group Inc. —

Lending 448