Housing Wire

APRIL 20, 2021

This general alignment matters a great deal as the FHFA, through their oversight of the GSEs, who have the vast majority of the market share, plays a key role in the conforming lending market being the de facto regulator. These entities make many other comments about technology, workforce options, modernization and the need for change.

Technology 415

Technology Appraisal Valuation Lending 415

Housing Wire

JULY 16, 2021

Seventy million dollars in seed funding is a colossal investment for an unproven tech startup, even one that promises to fully disrupt a relatively low-margin, traditional industry like mortgage lending. They’re used to modern experiences with great service and digital experience. But this is no ordinary mortgage startup. It’s early.

Lending 468

Lending Real Estate Real Estate Agent Modernization 468

Housing Wire

OCTOBER 21, 2024

Encompass by ICE Mortgage Technology aims to provide a flexible end-to-end solution for lenders in a modern market. From origination to closing, it covers all lending channels in one system. “We’re always looking for ways to make the loan process smoother,” an ICE Mortgage Technology representative explained.

Technology 380

Technology Mortgage Lending Modernization 380

Housing Wire

OCTOBER 24, 2024

The Mortgage Bankers Association (MBA) on Thursday released a new white paper , which argues that Section 8 of the Real Estate Settlement Procedures Act (RESPA) is in need of reform and modernization to better reflect “today’s highly-regulated mortgage market.” It was originally overseen by the U.S.

Modernization 346

Modernization Advertising Business Technology 346

Housing Wire

OCTOBER 7, 2024

In the modern mortgage landscape, quality control (QC) stands as a critical pillar supporting the industry’s integrity and stability. This approach integrates QC principles throughout the lending process, from application to servicing.

Lending 418

Lending Mortgage Training Technology 418

Housing Wire

AUGUST 31, 2023

However, a year after the GSEs announced new appraisal modernization solutions, as they’re more widely adopted, questions arise. A look into GSE appraisal modernization efforts The GSEs have each offered appraisal waivers on eligible loans for several years. How do the solutions work? Why do we need them? But you already know this.

Modernization 352

Modernization Appraisal Inspection Valuation 352

Housing Wire

OCTOBER 5, 2023

HousingWire Editor in Chief Sarah Wheeler sat down with Adam Carmel , founder and CEO at Polly , to talk about the ways technology should be delivering ROI for lenders. Sarah Wheeler: The cost to originate a mortgage is higher than ever, while companies have invested more in technology than ever before. What is the disconnect there?

Technology 374

Technology Lending Mortgage Business 374

Housing Wire

DECEMBER 6, 2021

So far his venture-backed title company has launched platforms that have sped up title clearance and title insurance acquisition, and they have their sights on expanding into the lending and appraisal space. The post In the race to modernize title, firms double down on software appeared first on HousingWire.

Modernization 411

Modernization Real Estate Agent Insurance Real Estate 411

Housing Wire

JANUARY 26, 2022

Polly, a software-as-service mortgage-technology firm that operates a loan-trading platform , has raised $37 million through a new funding round, its third since launching in 2019 — bringing the total raised from investors to $57 million. Building the next generation of tech: Three ways to digitize home lending.

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Modernization Mortgage Lending Investors 311

Housing Wire

AUGUST 17, 2022

A customized loan application developed for Angel Oak Home Loans will support both agency mortgage and non-QM lending “for borrowers of diverse financial backgrounds,” said Shane Westra, chief product officer at Simple Nexus. How should the current market impact lenders’ tech adoption? Presented by: Polly.

Lending 350

Lending Real Estate Agent Real Estate Technology 350

Appraisal Buzz

JANUARY 10, 2025

In the modern mortgage industry, lenders are not just setting themselves apart on who has the best Super Bowl ad or the biggest branch footprint, but increasingly also on their approach to technology. However, transitioning to a more modern, modular strategy has proven to be difficult and complex.

Architecture 397

Architecture Mortgage Technology Modernization 397

Housing Wire

AUGUST 11, 2021

LOX, an AI-powered TPO lending platform, that brings Loan Originators and TPO Brokers together, providing real-time data exchange and data-driven processes to ensure a more fluid experience for brokers, boosting productivity and reducing loan cycle times. Tavant’s FinXperience Broker Platform is powered by V?LOX, Product Fast Facts. #1.

Mortgage 389

Mortgage Modernization Lending Technology 389

Housing Wire

JULY 31, 2023

In the proposal’s supplementary information section, HUD explains that the rule as currently enforced is simply outdated, and does not account for modern methods of communication that would comply with the protection of the involved parties’ personal information.

Modernization 290

Modernization Mortgage Lending Technology 290

Housing Wire

SEPTEMBER 4, 2024

Figure Technology Solutions , the parent company of Figure Lending LLC , announced on Wednesday the hiring of Ronald Chillemi as its first chief legal officer and corporate secretary. Its technology is available to homeowners in 47 states and Washington, D.C., Department of Justice. Movement Mortgage and Rate.

Legal 376

Legal Lending Technology Modernization 376

Housing Wire

NOVEMBER 12, 2024

On the earnings call, Sieffert discussed a new “digital innovation” team that is being built at FOA with the purpose of delivering “financial services to seniors in a way that is modern and user-friendly.” The potential for building on HomeSafe Second’s numbers also comes from broader trends in the home equity lending space, she said.

Modernization 263

Modernization Mortgage Design Advertising 263

Housing Wire

APRIL 17, 2024

Tennessee-based multichannel mortgage lender First Community Mortgage announced on Wednesday that it has selected the Blue Sage Solutions digital lending platform and its LION Consumer POS to help scale its growth efforts across the 48 states it operates in. In FCM’s case, this also includes interim servicing.

Business 419

Business Loan Officers Mortgage Lending 419

Housing Wire

MAY 24, 2021

Stavvy, a Boston-based fintech, announced Monday that it landed a $40 million Series A funding round led by Morningside Technology Ventures. How modernized servicing creates customers for life. Presented by: Sagent Lending Technologies. The funding caps a period of intense growth period for Stavvy.

Technology 385

Technology Lending Investors Modernization 385

Housing Wire

APRIL 27, 2021

Here it is: another article about appraisal modernization. The FHFA RFI responses to appraisal modernization are a treasure trove of insight into ideas and options for modernization from a wide variety of respondents. No doubt, investment in modernization is needed in the appraisal process.

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Modernization Appraisal HOA Valuation 226

Housing Wire

JUNE 28, 2024

While this was once a necessary business strategy, the technology now exists to implement a much more efficient approach. The technology to do this is possible and in many cases, has even been built – it just hasn’t been properly implemented. We have the means today to shift lenders to far more efficient staffing and personnel models.

Lending 315

Lending Mortgage Technology Training 315

Housing Wire

SEPTEMBER 18, 2020

As lenders continue to adjust to a new normal, the pivotal role of technology has become increasingly clear in maximizing productivity and keeping lending pipelines flowing. HousingWire reached out to Chandler to discuss how COVID-19 has propelled a much-needed modernization among lenders.

Business 425

Business Lending Technology Clients 425

Appraisal Buzz

SEPTEMBER 15, 2021

—Digital transformation is underway with a modern approach to appraisal management—. Envoy will leverage Reggora technology to deliver a fast and efficient appraisal, supporting their customers through the home buying journey. By utilizing Regorra’s appraisal technology, Envoy’s turn-times will be faster and more efficient. “By

Technology 195

Technology Appraisal Modernization Mortgage 195

Housing Wire

MARCH 25, 2021

Other investors included Rotor Capital , The Mortgage Collaborative Emerging Technology Fund , Prudence Holdings and existing investors including Anthemis Group , Route 66 Ventures , and Sovereign’s Capital. Clients include Credit Union of Colorado , Texas Lending and JMAC Lending. mortgage market.

Mortgage 404

Mortgage Lending Technology Loan Officers 404

Housing Wire

DECEMBER 2, 2020

Not to be outmatched, the incumbent software providers each updated and launched their own POS to stave off the encroaching technology. The digital POS technology explosion promised to make the loan application process a less confusing and more casual experience for the consumer. The digital point of sale (POS) was born.

Mortgage 344

Mortgage Lending Technology Modernization 344

Appraisal Buzz

JULY 8, 2024

We have seen new ways of creating the same product, new technologies, new consumer preferences – the demands of time and money have hastened these changes. We all have seen the buzz phrases: appraisal modernization, bifurcation, data collectors, desktop and hybrid appraisals, and observation (rather than Inspection).

Modernization 367

Modernization Inspection Appraisal Technology 367

Housing Wire

OCTOBER 12, 2023

Customer engagement platform Total Expert ‘s customer intelligence and mortgage tech firm Polly ‘s product and pricing engine (PPE) will help California-based lender Mountain West Financial identify lending opportunities from its existing database. billion in generated loan application volume, and $6.7

Loan Officers 408

Loan Officers Modernization Lending Design 408

Housing Wire

OCTOBER 2, 2024

Today, modern technology , including Pretium’s platforms, cut out the middleman by allowing firms to invest directly in assets, decide the kind of leverage they want and determine how Pretium will manage the assets over time. Mullen shares that the company raised $1.5

Real Estate 459

Real Estate Investing Landlords Tenants 459

Appraisal Buzz

JUNE 10, 2024

However, the advent of new digital technologies is creating change by seamlessly connecting these disparate elements, offering a smoother, more integrated experience for both lenders and homeowners. At the core of this transformation is the ability of mortgage bankers to adopt a modern, digital lending platform built within the cloud.

Technology 221

Technology Mortgage Modernization Lending 221

Housing Wire

SEPTEMBER 30, 2020

Technology has made many aspects of day-to-day life more seamless than ever, with instant, easy and personalized consumer experiences; however, lending is still difficult. In return, borrowers have a lending experience that is streamlined and more personalized.

Lending 196

Lending Modernization Mortgage Technology 196

Housing Wire

SEPTEMBER 16, 2022

Looking for a quick and easy way to stay up-to-date on mortgage lending news, trends and technology? Host Phil Treadwell and industry experts share their experiences and advice on how to build more modern and relevant business. Mortgage Lending Mastery. Lykken on Lending. Lending Forward. HousingWire Daily.

Loan Officers 435

Loan Officers Mortgage Lending Modernization 435

Appraisal Buzz

SEPTEMBER 3, 2024

Ron Chillemi has joined non-bank HELOC provider Figure Technology Solutions as its first chief legal officer and corporate secretary, where he will oversee the company’s legal and compliance functions. The post Figure Technology Solutions Taps Ron Chillemi as Chief Legal Officer appeared first on MortgageOrb.

Legal 195

Legal Technology Government Modernization 195

Appraisal Buzz

JULY 9, 2024

Chevron Federal Credit Union is now using the Blue Sage Digital Lending Platform to deliver a better borrower experience. It is very important to us to provide our members with an exceptional experience, especially when obtaining home financing,” says Mike Long, senior vice president and chief lending officer for Chevron FCU, in a release.

Lending 195

Lending Technology Modernization Finance 195

Housing Wire

MARCH 9, 2021

How hybrid title and valuations help increase lending efficiency. We don’t have a true “cradle-to-grave” technology, but we can still think at a more strategic level when it comes to opening up established chokepoints in the traditional title flow. It’s also a selling point to your potential lending clients.

Marketing 445

Marketing Technology Lending Business 445

Housing Wire

AUGUST 2, 2021

The technology components required to digitize closings – things like eSignatures and webcams – have existed for decades. The limiting factor was not technology, but the fact that the closing process requires coordinated participation from many members of a fragmented ecosystem – each with their own chosen technologies and workflows.

Modernization 393

Modernization Technology Mortgage Design 393

Appraisal Buzz

MAY 31, 2024

ACES Quality Management (ACES), which offers enterprise quality management and control software for the financial services industry, is partnering with Digilytics to provide ACES users access to Revel, an optical character recognition (OCR) technology powered by artificial intelligence (AI) and machine learning (ML).

Technology 195

Technology Modernization Lending Appraisal 195

Housing Wire

FEBRUARY 22, 2023

“This collaboration will assist lenders with quickly and easily obtaining income and employment verification,” Daniel Miller , single-family director of strategic technology partnerships at Freddie Mac, said in a prepared statement.

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Modernization Government Tools Lending 394

Appraisal Buzz

SEPTEMBER 30, 2024

M2 Lending Solutions is using LenderLogix ’ mortgage point-of-sale and automation software to provide an automated, digital-first borrower experience. Specifically, M2 lending has implemented LenderLogix’ QuickQual, LiteSpeed, and Milestone Text Updates solutions to provide borrowers high-touch, white-glove service.

Lending 195

Lending Real Estate Agent Loan Officers Modernization 195

Housing Wire

APRIL 27, 2021

Better, faster, cheaper has long been the promise of technology in the mortgage industry. Some may argue whether today’s technology is that much better than the tools we used in the past, particularly in the servicing business where many still use platforms designed and first built decades ago. Tripping over our own technology.

Mortgage 415

Mortgage Technology Tools Modernization 415