Housing Wire

AUGUST 30, 2024

Mortgage banking executive and industry mergers & acquisitions advisor Rick Roque has taken a new executive position at NFM Lending. Roque will lead NFM’s retail growth strategy as corporate vice president of retail, NFM’s Managing Director Greg Sher announced on LinkedIn on Friday.

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Lending Retail Technology Mortgage 435

Housing Wire

AUGUST 12, 2024

Open Mortgage on Friday shut down its distributed retail channel and laid off more than two dozen employees. Those of you who have worked with us over the years have seen us operate in a profitable manner, and we will continue to do so with an increased focus on our TPO channel in advance of redeploying retail in the future,” he added.

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Retail Mortgage Loan Officers Business 459

Housing Wire

MARCH 16, 2022

Tech-fueled retail mortgage lender InstaMortgage has merged with mortgage broker shop All Cal Financial , a rare example of a top-performing brokerage switching channels. As part of the merger, Jim Black, the founder of All Cal, will become chief lending officer of InstaMortgage.

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Retail Loan Officers Brokerage Technology 459

Housing Wire

MAY 22, 2024

Dallas -based Certainty Home Lending , an affiliate of Guaranteed Rate , named Shadi Kamran as its new national business development executive. The technologically advanced mortgage platform empowers loan officers to serve both customers and business partners with ease and excellence.

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Development Lending Business Loan Officers 448

Housing Wire

MARCH 27, 2024

Figure Technology Solutions (FTS), the parent company of Figure Lending LLC , took another step this week to become a public company, just one week after announcing a reorganization of its enterprise structure. to take its lending division, LendCo , public. The following year, CMG acquired Homebridge’s retail assets.

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Technology Lending Retail Investors 468

Housing Wire

MARCH 15, 2021

What happens when borrowers can’t or won’t walk into a lending branch? HousingWire recently sat down with Insellerate CEO Josh Friend to discuss that very question and what strategies retail lenders should look to adopt from direct-to-consumer lending. Retail lenders originate loans through their in-person retail branches.

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Lending Retail Mortgage Loan Officers 418

Housing Wire

FEBRUARY 7, 2023

The lender originated approximately $309 million in mortgages in 2022, according to data from mortgage technology platform Modex. The company has 39 active loan officers across its retail branches, according to Modex data. The distributed retailer’s volume slipped to $2.7 Terms of that deal were also not disclosed.

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Retail Mortgage Loan Officers Technology 397

Housing Wire

NOVEMBER 22, 2023

Mike Cagney’s financial technology firm Figure Technologies has taken another step to go public with its lending division, LendCo , hiring investment banks to coordinate the initial public offering (IPO), per a Bloomberg report. The profitable lending business has more than a 50% contribution margin, he said in a meeting.

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Lending Valuation Technology Retail 459

Appraisal Buzz

MARCH 4, 2025

Cloudvirga reports that it has completed an enhanced integration for its Horizon Retail POS product and Encompass Partner Connect , the latest API framework for mortgage technology from Intercontinental Exchange (ICE).

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Retail Modernization Technology Development 150

Housing Wire

AUGUST 14, 2020

A former Quicken Loans executive, Booth has over 15 years of experience working in state and federal government bodies, focusing on transforming the mortgage industry through technology. Planet Home Lending has promoted four people to vice president positions, supporting the company’s continual growth.

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Lending Retail Development Realty 406

Housing Wire

JANUARY 4, 2021

Citadel Servicing Corporation (CSC) , one of the country’s largest non-QM lenders , is rebranding as Acra Lending (Acra). Citadel resumed non-QM lending in the summer. ” Doug Perry, Citadel’s managing director of wholesale and retail, said the company expects to fine-tune its plan as the country recovers from the virus.

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Lending Investing Retail Business 459

Housing Wire

DECEMBER 18, 2024

Citis previous use of the URL was to redirect to learning center content within the home lending pages on the Citi domain, according to Head of Mortgage Marketing at Citi, Chip Burgard. The company owned the domain for several years but didnt have a direct purpose with it until Q4 2023. We’ve got good purchase products.

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Marketing Lending Retail Mortgage 418

Housing Wire

SEPTEMBER 14, 2020

In fact, the changes we’ve seen since the advent of the global pandemic are significant enough to serve as a catalyst that will drive all lending digital. The trends and lending requirements I’ve highlighted below became important long before the coronavirus made it to the U.S. Peering into the future of lending.

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Lending Mortgage Technology Business 488

Housing Wire

SEPTEMBER 20, 2024

If we learned anything from HousingWire’s recent AI Summit , artificial intelligence (AI) is rapidly reshaping lending by streamlining processes, reducing costs, and enhancing the overall borrower experience. In addition, the regulatory environment is ever-changing and with it comes increased burdens on the lending industry.

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Lending Mortgage Technology Tools 459

Housing Wire

APRIL 14, 2021

RoundPoint Mortgage has added three new senior executives to its management team, as it prepares to ramp up its retail operations. RoundPoint also hired a veteran of the retail mortgage sector, Scott Bristol, who previously oversaw national mortgage production at Flagstar Bank. Freedom is one of the country’s biggest lenders.

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Retail Investors Mortgage Insurance 390

Housing Wire

SEPTEMBER 7, 2023

The Atlanta-based lender has fully exited the retail channel, a change in strategy the company has been preparing for over the past few months. EPM’s CEO Eddy Perez had previously shared plans with HousingWire to double down on wholesale while scaling down its retail footprint. It’s all about the consumer. EPM originated $1.05

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Retail Loan Officers Business Lending 418

Housing Wire

AUGUST 7, 2020

In today’s low-rate environment, wholesale mortgage lending continues to grow, making up more than 20% market share. Nichols pointed out that after the 2008 financial crisis, wholesale lending began using technology that helped match pace with the processes of retail lenders.

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Retail Mortgage Loan Officers Marketing 370

Housing Wire

NOVEMBER 29, 2023

Encompass by ICE Mortgage Technology is designed to enable users to manage their entire lending workflow in one place, from the customer’s initial point of thought through investor delivery. All of these features come together to help lenders achieve operational efficiencies across their entire business for every lending channel.

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Technology Mortgage Lending Business 435

Housing Wire

FEBRUARY 16, 2022

HousingWire recently sat down with Steve Meirink, executive vice president and general manager, Compliance Solutions, Wolters Kluwer’s Governance, Risk and Compliance Division, to discuss the impact of digital technology on mortgage and the future of digital lending in an era of accelerated innovation and digital transformation.

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Lending Technology Tools Loan Officers 397

Housing Wire

MARCH 11, 2025

Milestone, the largest brokerage in Massachusetts over the past three years, said the companies will be able to combine Willow’s top-drawer proprietary technology platform with Milestone’s federal registration and state licensing footprint. “With this technology , we’re going to be able to flip the script.

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Mortgage Loan Officers Brokerage Technology 370

Housing Wire

JUNE 23, 2023

HousingWire reached out to 2019 HW Insiders honoree Jemma Pachiano , chief innovation officer at Legend Lending. In April of 2022, the retail division of Mid America Mortgage, Inc. was acquired by Legend Lending Corporation. I was then promoted to chief innovation officer of Legend Lending Corporation.

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Lending Retail Technology Mortgage 370

Housing Wire

JUNE 23, 2023

HousingWire reached out to 2019 HW Insiders honoree Jemma Pachiano , chief inspiration officer at Legend Lending. In April of 2022, the retail division of Mid America Mortgage, Inc. was acquired by Legend Lending Corporation. I was then promoted to chief innovation officer of Legend Lending Corporation.

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Lending Retail Technology Mortgage 370

Housing Wire

MARCH 23, 2021

retailers and e-commerce merchants, and every $1 of fraud now costs $3.36, up from $3.13 As origination volumes hit record highs in 2020, Truework’s verification experts saw a spike in fraud in mortgage lending, and expect that trend to continue this year. across U.S. How lenders can prepare for growing fraud threats.

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Lending Mortgage Sellers Technology 476

Housing Wire

JANUARY 12, 2025

During the 10-minute conversation, Pieklo explores his new focus on developing AFR’s wholesale lending strategy, the competitive landscape of the mortgage market, and the company’s unique approach to differentiating itself from other big names in the wholesale space. This interview has been edited for length and clarity.

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Marketing Mortgage Retail Lending 304

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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Lending Real Estate Agent Real Estate Technology 370

Housing Wire

FEBRUARY 17, 2025

Boston-based fintech Stavvy announced a new integration using the latest Encompass Partner Connect Application Programming Interface (API) framework from Intercontinental Exchange (ICE) for mortgage technology. “It allows us to provide for a more seamless, both hybrid and RON closing experience with little to no human intervention.”

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Lending Technology Modernization Retail 210

Housing Wire

MARCH 7, 2025

Ohio -based UHM promoted Brian Smith to chief operating officer of retail lending and hired David Alonzo as its chief technology officer. He’ll be tasked with utilizing technology to scale the company while helping borrowers and employees.

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Mortgage Training Loan Officers Technology 210

Housing Wire

OCTOBER 12, 2021

The home lending industry has a massive opportunity to digitalize to create efficiencies and to deliver a simpler end-to-end user experience hat would benefit both borrowers and servicers. Digitalization in the home lending industry does not always require companies to entirely invent new technology solutions.

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Lending Technology Investing Loan Officers 370

Housing Wire

MARCH 7, 2022

Lenders One Cooperative announced on Monday that it has struck a deal to lease retail space in Walmart stores to sell mortgage products and services. ” Walmart isn’t the first warehouse-style retailer to offer mortgage products on location. Members can order and receive cooperative solutions without human intervention. .

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Retail Mortgage Lending Real Estate 488

Housing Wire

JANUARY 10, 2024

Software development company Blue Sage Solutions has launched a new servicing platform that merges loan origination and servicing functions using API-based technology. Additionally, the platform is accessible to all users, regardless of their current loan origination software.

Retail 448

Retail Lending Design Technology 448

Housing Wire

MARCH 1, 2021

Fred Bolstad, executive vice president of retail lending at U.S. He leads both retail sales and operations, a channel that originated over $47 billion in 2020. Bank Home Mortgage , will speak on a panel titled What Mortgage Tech is Solving Now at HousingWire’s Spring Summit on March 4.

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Retail Lending Loan Officers Technology 418

Housing Wire

AUGUST 3, 2021

The blockchain revolution may soon be coming to mortgage lending. The Mike Cagney-led fintech lender Figure Technologies , most recently valued at $3.2 Founded more than 30 years ago, New Jersey-based Homebridge has more than 180 retail branches nationwide and two wholesale arms, Homebridge Wholesale and REMN Wholesale.

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Mortgage Architecture Lending Technology 516

Housing Wire

JUNE 1, 2023

Connecticut-based lender and servicer Planet Home Lending has acquired the assets of Illinois-based retail lender Platinum Home Mortgage Corporation. We look to acquire right-sized, financially solid distributed retail companies.” The financial terms of the transaction have not been disclosed.

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Retail Mortgage Lending Renovations 418

Housing Wire

APRIL 3, 2023

SoFi Technologies announced Monday that it had acquired fellow digital lender Wyndham Capital Mortgage in an all-cash transaction. There were several rounds of layoffs last year at the Charlotte, North Carolina-based retail lender, which has a direct-to-consumer model as well as nine retail branches.

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Retail Mortgage Technology Lending 397

Housing Wire

MAY 7, 2024

The increased awareness around these benefits have positioned brokers to be the obvious choice when it comes to consumer mortgage needs, keeping them competitive with large banks and retail lenders. Similar to consumer awareness, retail LO’s are learning the benefits of being independent.

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Retail Marketing Loan Officers Government 476

Housing Wire

APRIL 14, 2022

Consolidation in the mortgage industry is likely in 2022, analysts and lending executives said. A seasoned retail and commercial banking salesman in Fort Wayne, Indiana, the 39-year-old Woodward joined Interfirst Mortgage as a loan officer in October 2020 after a recommendation from an old college friend. It just has not gone well.”.

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Mortgage Marketing Retail Lending 526

Housing Wire

MARCH 12, 2024

The Blueprint Builder features more than 60 third-party integrations, allowing lending teams to connect with other pieces of their workflow, from credit and verifications to pricing and disclosures. In the current environment, a rigid, static technology stack can prove fatal.

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Technology Retail Lending Design 448