Housing Wire

MARCH 19, 2024

Fifth Third Bank, an Ohio-based regional bank, moved its origination and servicing operations to Intercontinental Exchange (ICE) Mortgage Technology ’s end-to-end mortgage technology ecosystem, the companies announced on Tuesday. That is a common goal we share.

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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.

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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.

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Housing Wire

AUGUST 5, 2022

HousingWire recently spoke with Erin Reed, vice president of originations, valuations and operations at ServiceLink about approaching appraisal modernization in an innovative way while addressing logistical challenges along the way. . HousingWire: Why should lenders consider appraisal modernization and how can it benefit borrowers?

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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.

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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.

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Appraisal Buzz

OCTOBER 18, 2021

Our profession has been abuzz the last year or two with regards to the GSEs being mandated to modernize the appraisal profession. Why are appraisers essentially being excluded from the conversation about modernizing the profession? Technology. Simply stated, good technology is as important as the collaborative process.

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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.

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Appraisal Buzz

SEPTEMBER 16, 2024

Ronald Chillemi has been appointed Chief Legal Officer (CLO) and Corporate Secretary of Figure Technology Solutions, Inc. Ron Chillemi, Chief Legal Officer (CLO) and Corporate Secretary of Figure Technology Solutions, Inc. “We He will oversee the legal and compliance departments of the business in this capacity.

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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?

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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.

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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).

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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.

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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.

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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.

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Housing Wire

OCTOBER 6, 2020

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. With the advances we’re seeing in Artificial Intelligence, Machine Learning and Robotic Process Automation, we have become experts at configuring our technology to meet the changing needs of lenders.

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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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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.

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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

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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.

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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.

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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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Inman

JUNE 18, 2024

CEO Dawar Alimi writes that choosing a modern and advanced pricing engine can unlock new opportunities for growth, profitability and success in an increasingly competitive landscape.

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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.

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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.

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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).

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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.

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Appraisal Buzz

OCTOBER 14, 2024

As all lenders have “skin in the game” on every loan, rigorous quality control across the lending lifecycle is imperative. Meanwhile, incomplete or inaccurate information can lead to faulty lending decisions that put lenders and their AMCs at risk. What is computer vision?

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Appraisal Buzz

JULY 2, 2024

His proven track record and strong strategic financial acumen will help guide our company as we continue to advance the modern mortgage. He most recently served as EVP and CFO at Sagent Lending Technologies , one of the most important technology platforms in the mortgage industry.

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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

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Appraisal Buzz

JULY 9, 2024

“The company remains dedicated to delivering high-quality service and leveraging cutting-edge technology to improve the mortgage experience for all. For over two decades, we’ve been at the forefront of technological advancements in the mortgage industry.

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Appraisal Buzz

MARCH 25, 2024

Warehouse lending software provider Forta Solutions hit a milestone recently: the funding of its first loan through its SaaS warehouse lending platform, Agility, which launched in October 2023.

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Appraisal Buzz

AUGUST 13, 2024

Demand for efficiency in lending operations is driving market growth, with a trend towards strategic partnerships and acquisitions between market participants. Notable open-source options include Apache Fineract, Online Lending Software, Trakker, and Turnkey-Lender, Technavio says.

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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.

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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

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Housing Wire

AUGUST 6, 2024

In joining Lower, he will report to chief production officer Randell Gillespie to execute plans for “transforming the modern mortgage experience for consumers and industry professionals,“ according to a company statement. But when I look at the future of mortgage lending, I do believe our industry is going the way of the banking industry.

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Housing Wire

JULY 18, 2024

The hiring coincided with the departure of the company’s chief technology officer, Uday Devalla. Navy captain who served at BAE Systems until joining the company in February, noted that Gow has led different lending businesses, including de novo banks, regional banks and industry leaders like Mr. Cooper.

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