Housing Wire

AUGUST 13, 2021

Divvy Homes , the prop-tech startup that buys homes on behalf of renters and guides them to eventual ownership, announced Friday a new round of funding that nearly quadrupled its valuation to $2 billion. The post Divvy Homes hits $2 billion valuation after latest funding round appeared first on HousingWire.

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Valuation Real Estate Agent Finance Investors 435

Housing Wire

APRIL 30, 2022

As businesses around the globe continue to streamline their processes with the help of tech advancements, residential valuation services are doing their part to keep pace. subsidiary and Radian company, offers 21st-century valuation solutions that take home price estimates to a new level.

Valuation 358

Valuation Real Estate Technology Real Estate Agent 358

Housing Wire

NOVEMBER 8, 2022

Mortgage Capital Trading (MCT) announced the appointment of Jennifer Kennelly as the new senior director of its investor services team. MCT aims to utilize Kennelly’s experience in the mortgage industry and capital markets to grow its Bid Auction Manager Marketplace, an open mortgage loan exchange platform launched in 2020.

Investors 352

Investors Sellers Buyers Technology 352

Housing Wire

JULY 17, 2024

regulators announced on Wednesday that they have approved a final rule that requires mortgage originators and secondary market issuers to impose quality control standards for their automated valuation models (AVMs). AVMs deploy technology to value the properties used as collateral to secure mortgages.

Valuation 427

Valuation Technology Law Insurance 427

Housing Wire

MAY 11, 2021

Better.com, which offers mortgage, real estate, title and homeowner insurance through its digital platform, has entered an agreement to merge with Aurora Acquisitions Corp., billion in mortgage originations in 2020. Also unclear is how investors take to another mortgage company going public. The company generated $24.2

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Valuation Insurance Investors Loan Officers 404

Housing Wire

MARCH 15, 2024

Optimal Blue has brought on Sara Holtz, former vice president of demand marketing and communications at ICE Mortgage Technology , as chief marketing officer (CMO). She has a track record of proven leadership, and she will play an integral role as we continue to expand our position as the leader in mortgage secondary marketing technology.”

Mortgage 435

Mortgage Technology Valuation Investors 435

Housing Wire

NOVEMBER 10, 2020

Online mortgage lender Better.com revealed it raised $200 million in a series D financing that put the New York-based startup at a $4 billion valuation, according to an internal memo reviewed by Bloomberg. The post Better.com snags $200 million in series D funding for $4 billion valuation appeared first on HousingWire.

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Valuation Loan Officers Investors Finance 396

Housing Wire

SEPTEMBER 24, 2020

Digital mortgage lender Better.com is in talks to raise more than $100 million in new funding that would value the company at about $4 billion before an upcoming public offering, according to a new report. The potential new funding round comes amid a historic period of growth for the mortgage industry. trillion in mortgages.

Valuation 379

Valuation Loan Officers Retail Mortgage 379

Housing Wire

MARCH 27, 2024

Clear Capital , a real estate valuation technology company, has broadened its collaboration with data management platform Cherre , the companies announced on Wednesday. Single-family rental (SFR) investors also rely on AVMs to assess asset portfolios, guide leasing and sale decisions, and ensure thorough due diligence. “We

Valuation 441

Valuation Investors Real Estate Investing 441

Housing Wire

MARCH 2, 2021

HousingWire spoke with Steve Greenfield, Altisource General Manager of Mortgage Real Estate Solutions, about the state of the mortgage market and how Altisource’s HomeVal solution is benefiting lenders. HW: How can integrating title and valuation data points alleviate those pain points? Altisource does.

Valuation 282

Valuation Lending Real Estate Investors 282

Housing Wire

JUNE 20, 2024

(FDIC) — announced their approval of a final rule imposing quality control standards for automated valuation models (AVMs) used by mortgage originators and secondary market issuers. AVMs, which value residential real estate used as collateral to secure mortgages, are under an interagency rulemaking process.

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Valuation Real Estate Insurance Appraisal 416

Housing Wire

SEPTEMBER 13, 2023

CAPE Analytics has unveiled a new, AI-powered , automated property condition report (aPCR) tool crafted for institutional lenders, whole loan investors, and real estate investors. The common understanding of valuation, inspection and even property value is shifting, as more and more technology-enabled alternatives are emerging.

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Tools Valuation Inspection Investors 411

Housing Wire

JULY 16, 2024

Portfolio Intelligence and Monitoring Servicing a mortgage portfolio is a daunting challenge with hidden risks, requiring a holistic view and strong understanding of your portfolio. Portfolio Intelligence and Monitoring provides the business intelligence you need to make informed decisions.

Legal 415

Legal Valuation Tools Investors 415

Housing Wire

JUNE 21, 2022

The stock market has not been kind to mortgage lenders – some are now trading in the $1-a-share range. In a one-week period between June 10 and June 17, 11 publicly traded mortgage companies lost a collective $6.14 As investors fled the space, their valuations declined 17.4% billion in market capitalization.

Mortgage 417

Mortgage Valuation Investors Finance 417

Housing Wire

FEBRUARY 5, 2021

Altisource® is a leading and trusted provider of innovative solutions for servicers, originators and investors in the real estate and mortgage industries. Economical due diligence solutions for HELOC lenders, servicers and investors. #3. The post Mortgage Tech Demo Day: Altisource appeared first on HousingWire.

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Mortgage Valuation Investors Real Estate 291

Appraisal Buzz

OCTOBER 4, 2021

Our goal is to develop solutions to this persistent problem, including appraisal best practices, uniform standards for automated valuation models, enhanced consumer disclosures, improved value processes, and revised fair lending exam procedures and risk assessments.”.

Valuation 370

Valuation Appraisal Contracts Finance 370

Housing Wire

FEBRUARY 14, 2024

The rapid collapse of four regional banks that began last March shocked regulators and investors alike. The demise of those banks, which had relied in part on friendly terms on jumbo mortgage loans to entice wealthier clients, had lasting effects on the mortgage landscape – as part I and part II of our jumbo series show.

Mortgage 442

Mortgage Real Estate Insurance Tenants 442

Housing Wire

JULY 29, 2021

The average 30-year fixed-rate mortgage increased slightly to 2.80% for the week ending on July 29, halting a streak of weekly declines, according to mortgage rates data released Thursday by Freddie Mac ‘s PMMS. The 15-year fixed-rate mortgage decreased two basis points from last week, averaging 2.10% for the week ending on July 29.

Mortgage 448

Mortgage Valuation Investors Housing Market 448

Clear Capital

OCTOBER 16, 2024

The launch of the Product Portal decreases the time it takes for users to receive a reliable valuation, as well as analytics products, to aid them in their decision-making process. To succeed in the mortgage industry, driving efficiencies is paramount. ClearAVM has powered more than 139 million valuations across the U.S.

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Valuation Tools Investors Inspection 64

Housing Wire

MAY 2, 2024

In early November, 30-year fixed mortgage rates began a nosedive, declining from near 8% to below 7% in a matter of months before once again starting to rise at the start of 2024. at the end of April, according to HousingWire ’s Mortgage Rates Center. Non-QM mortgages include loans that cannot be purchased by Fannie Mae or Freddie Mac.

Marketing 434

Marketing Mortgage Investors Sellers 434

Appraisal Buzz

JUNE 3, 2024

Let me explain — in 2021-2022, many investors purchased properties at high prices, using 2 and 3-year bridge loans. Meeting their mortgage and investor obligations will be difficult for these aggressive operators. Investors should conservatively underwrite how interest rates will affect their investment.

Investors 195

Investors Marketing Renovations Real Estate 195

Appraisal Buzz

OCTOBER 29, 2024

USRES: Real Estate, Mortgage Portfolio Services, and Support USRES offers various real estate and mortgage portfolio services to help professionals optimize their operations and improve revenue streams: 1.  This API supports the delivery of property data and images to support the new FNMA Value Acceptance + Property Data option.

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Real Estate Agent Real Estate Agents Valuation 272

Housing Wire

MAY 2, 2021

Over the last several years, significant technology trends continue to change the way people interact and work, and collateral valuation is no exception. This unique valuation offering is bolstered by the industry’s largest, most comprehensive database of property and homeowner information and recorded document images.

Technology 420

Technology Valuation Mortgage Inspection 420

Housing Wire

APRIL 15, 2024

Last week’s above-consensus inflation figures brought the mortgage market back to a sour reality: The average 30-year fixed mortgage rate, an index closely watched by industry experts, may be close to or even above the 7% level for longer than previously expected. Where are mortgage rates headed? in second-quarter 2024.

Mortgage 478

Mortgage Retail Investors Buyers 478

Housing Wire

OCTOBER 25, 2024

Based on the latest readings, inflation is consistently decreasing, reacting as expected to the Federal Reserve ’s interest rate hike campaign that sent mortgage rates higher than they have been since the start of the millennia. What is the catalyst that may cause it all to fall apart? Consumer financial conditions in the U.S.

Supply Chain 449

Supply Chain Investors Insurance Lending 449

Housing Wire

OCTOBER 13, 2020

JPMorgan Chase doesn’t see mortgage defaults worsening in the second half of 2020. The bank cited runoff from its mortgage portfolio – driven by a wave of refinancings – as a reason for reducing its reserves. . billion in revenue from its home lending division in the third quarter, according to the investor presentation.

Business 418

Business Mortgage Retail Investors 418

Housing Wire

JUNE 29, 2022

Fintech startup Tomo will allow borrowers to lock in a mortgage rate for up to 120 days, about twice as long as most lenders. . The lock-in period complements a new product dubbed “Lock & Shop,” which does not require a property address to guarantee a mortgage rate, according to the company. .

Mortgage 335

Mortgage Investors Valuation Housing Market 335

Housing Wire

AUGUST 5, 2021

The average 30-year fixed-rate mortgage slipped back down to 2.77% for the week ending August 5, according to mortgage rates data released Thursday by Freddie Mac ‘s PMMS. The week prior, mortgage rates had rebounded slightly to 2.80%. A year ago at this time, the 30-year fixed-rate mortgage averaged 2.88%.

Mortgage 529

Mortgage Valuation Housing Market Renovations 529

Housing Wire

AUGUST 10, 2021

Fintech lender Figure Technologies is going full force in to the mortgage lending – and now servicing – blockchain revolution. According to the Tuesday press release, Sagent will power Figure’s mortgage servicing to grow out its blockchain development. Investors and affiliates of the round, including Apollo Global Management, Inc.,

Mortgage 392

Mortgage Technology Investors Lending 392

Housing Wire

NOVEMBER 7, 2023

And how should mortgage firms rethink tech strategy? Below I run down these hot topics and look forward to going deeper with fellow mortgage CEOs on a HousingWire webinar December 5. What’s next for the inflation fight and mortgage rates? trillion per Urban Institute , and total mortgages outstanding are $13.9

Mortgage 411

Mortgage Loan Officers Valuation Tools 411

Housing Wire

JANUARY 22, 2021

After ringing the bell of the New York Stock Exchange on Friday morning, Mat Ishbia’s United Wholesale Mortgage (UWM) is a publicly traded company. UWM, the second-largest mortgage originator in America , debuted trading at $11.95. In the third quarter, UWM originated $54 billion worth of mortgages. By 10:45 a.m.

Mortgage 524

Mortgage Technology Investors Business 524

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. Which mortgage tech advancements are making the biggest impact? . Presented by: Stavvy.

Insurance 370

Insurance Tools Mortgage Valuation 370

Housing Wire

JULY 19, 2024

Ascent Developer Solutions , a private mortgage lending platform, announced its launch Friday in conjunction with an equity infusion from Elliott Investment Management. Founder and CEO Robert Wasmund has a deep background in the residential construction and bridge lending industry.

Construction 446

Construction Development Finance Lending 446

Housing Wire

JULY 1, 2024

Name Job Title Company Name Ali Haralson President Auction.com Amy Jo Plummer Vice President of Customer Experience Maxwell Anita Blue President LGBTQ+ Real Estate Alliance Candy Nowak Chief Credit Officer CMG Financial Cecilia Choy Chief Operating Officer ICE Mortgage Technology Cerita Battles Head of Community & Affordable Lending Chase Charis (..)

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Realty Real Estate Chief Valuation Officer Technology 489

Housing Wire

DECEMBER 26, 2023

Kyle Joseph, a specialty finance equity research analyst at Jefferies , believes that the worst of the current mortgage cycle may be behind us, a sentiment shared by most analysts covering this industry. Mortgage rates will moderate down to about 6% to 6.25%.” ” Kornfeld expects mortgage originations to range from $1.8

Mortgage 515

Mortgage Inventory Marketing Finance 515

Housing Wire

SEPTEMBER 1, 2023

Name Job Title Company Name Aaron Kardell Vice President of Product Lone Wolf Technologies Aayaam Kapoor Vice President of Product and Agency Real Estate Webmasters Amaly Quiroz Vice President of Transaction Operations eXp Realty Amy Gorce CEO REdistribute Andrew Binkley President Constellation Real Estate Group Ankur Bansal President of HomeLight (..)

Technology 470

Technology Development Real Estate Realty 470

Housing Wire

OCTOBER 6, 2020

Talk to any mortgage technologist about the future of the industry and two topics will emerge immediately: big data and smarter automation. Joe Camerieri, EVP Mortgage Cadence. Today, while the mortgage industry has the technology to support this, we’re still in the early stages of determining how it should be used.

Technology 476

Technology Mortgage Investors Investing 476