Appraisal Buzz

AUGUST 5, 2024

Candor Technology has launched PreQual, a patented borrower prequalification service that leverages artificial intelligence to deliver instant results and borrower insights across conventional and FHA loans. The post Candor Technology Introduces AI-Powered Mortgage Prequalification Tool appeared first on Appraisal Buzz.

Tools 195

Tools Technology Mortgage Loan Officers 195

Housing Wire

JUNE 17, 2022

Do loan officers need more technology than they currently have? Will new technology change anything? Most loan officers do not believe they need more tech than they have now. Most loan officers do not believe they need more tech than they have now. They do not need more technology.

Loan Officers 428

Loan Officers Technology Training Insurance 428

Housing Wire

MAY 8, 2023

Fintech software and hardware company Mortgage Automation Technologies, Inc. announced on Monday that it has integrated its next-generation point of sale system, The BIG Point of Sale, on the latest API Platform available through ICE Mortgage Technology , a division of Intercontinental Exchange, Inc.

Technology 380

Technology Mortgage Loan Officers Architecture 380

Housing Wire

MAY 22, 2023

Top-producing loan officer Christopher Keelin has taken his 80+person team over to CrossCountry Mortgage to “take advantage” of the lender’s technology while scaling his business. Keeling also previously held the role of branch manager at Advisors Mortgage Group.

Loan Officers 363

Loan Officers Investors Technology Clients 363

Housing Wire

APRIL 12, 2024

If there’s one word to describe today’s successful marketers in mortgage and real estate it’s “adaptable.” Marketers like 2023 Marketing Leader and USA Mortgage’s Senior Vice President of Marketing, Chelsea Vonder Haar , who has been a driving force behind USA Mortgage’s marketing success.

Loan Officers 346

Loan Officers Lending Real Estate Marketing 346

Housing Wire

SEPTEMBER 5, 2023

Intercontinental Exchange (ICE) completed its acquisition of Black Knight Tuesday, making the combined company the biggest player in the mortgage tech space. I sat down with Tim Bowler, president of ICE Mortgage Technology, a business unit of ICE, to talk about the company’s mortgage automation strategy — and what keeps him up at night.

Technology 415

Technology Mortgage Tools Insurance 415

Housing Wire

OCTOBER 17, 2024

Former Open Mortgage executive Brenda Hedeen has been hired by Utah-based Canopy Mortgage as its new chief financial officer. Hedeen was the CFO of Open Mortgage from May 2022 to October 2024. She also had CFO stints at On Q Financial and Mann Mortgage. It has nearly 300 loan officers and originated about $1.35

Mortgage 453

Mortgage Retail Loan Officers Technology 453

Housing Wire

OCTOBER 23, 2024

Even as artificial intelligence (AI) becomes more prominent in the mortgage industry, most millennial and Generation Z homebuyers are hesitant to rely solely on a fully automated application process to get a loan, according to a new study. About 58% of respondents still relied on loan officers to guide them through the process.

Mortgage 449

Mortgage Loan Officers Tools Technology 449

Housing Wire

SEPTEMBER 13, 2024

Buffalo, New York-based mortgage technology firm LenderLogix , a top provider of point-of-sale (POS) and automation software for independent mortgage banks , commercial banks and third-party brokers, announced Thursday that Ben Head will join the company as an account executive.

Mortgage 433

Mortgage Loan Officers Technology Insurance 433

Housing Wire

JANUARY 29, 2021

Over $4 trillion in originations made its way through the housing market last year, and new data from mortgage software firm LBA Ware revealed that by the end of 2020, loan officers played every last card in their deck to get those deals closed by New Years. Mortgage Tech Demo Day. million in funded purchase loans in Q4.

Loan Officers 418

Loan Officers Housing Market Valuation Design 418

Housing Wire

SEPTEMBER 20, 2023

Digital mortgage automation solution provider Floify launched verification of income (VOI) and verification of employment (VOE) waterfall technology that aims to save lenders and mortgage brokers time and reduce costs during the loan origination process. Founded in 2013, Floify — a subsidiary of Porch Group Inc. —

Technology 432

Technology Real Estate Agent Loan Officers Clients 432

Appraisal Buzz

SEPTEMBER 1, 2021

PERSON OF THE WEEK: How is technology helping LOs enhance client and partner relationships in the post-COVID landscape? The post Juan Farias: How Technology is Helping Loan Officers Enhance Client Relationships appeared first on Appraisal Buzz. Q: The COVID crisis caused some big shifts for.

Client Relationships 195

Client Relationships Loan Officers Clients Technology 195

Housing Wire

MAY 30, 2023

And, in the mortgage industry, AI will play an instrumental role in helping loan officers to be more efficient, according to Nima Ghamsari , Blend ‘s co-founder and CEO. The most difficult part, however, is building the technology. Blend’s mortgage banking software processed 23.2% in the second half of 2021.

Loan Officers 413

Loan Officers Technology Investing Mortgage 413

Housing Wire

NOVEMBER 13, 2024

Founder and CEO Vishal Garg made a eye-popping statement when he opined that “in the next 10 years, 99% of the (mortgage) tasks will be completed by bots and 1% by humans.” “The bulk of the tasks that are required to process a mortgage are going to be performed by AI bots over the next 10 years,” Garg said in an interview with HousingWire.

Retail 361

Retail Mortgage Loan Officers Technology 361

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

Appraisal Buzz

OCTOBER 11, 2024

Candor Technology has expanded its Loan Engineering System (LES) to include Federal Housing Administration (FHA) loans. In an industry first, Candor’s LES not only automates underwriting decisions for FHA loans but also offers a warranty on income calculations and cleared conditions for funded FHA loans.

Technology 195

Technology Loan Officers Insurance Investing 195

Housing Wire

JUNE 5, 2024

Top mortgage technology executives say their companies are embracing artificial intelligence (AI) in their operations but still relying on human decision-making to sell loans. “There’s one question every CEO, CTO, CIO, loan officer, processor, underwriter, they all ask the same thing: will AI replace my job?

Mortgage 455

Mortgage Loan Officers Technology Tools 455

Appraisal Buzz

JUNE 10, 2024

And of course, mortgage bankers and credit unions play a pivotal role in facilitating this journey. For lenders, navigating the transition from selling loans to servicing them involves juggling diverse functions, expertise, and systems, often creating a disjointed experience for the consumer. But that work is not easy.

Technology 221

Technology Mortgage Modernization Lending 221

Housing Wire

AUGUST 20, 2024

The duo dive into several topics, including Lower’s transformed culture and leadership structure following its acquisitions of Thrive Mortgage and Universal Lending. They also discuss fintech developments for loan officers, recruitment and even the CPO’s favorite hamburger.

Loan Officers 445

Loan Officers Mortgage Tools Technology 445

Housing Wire

OCTOBER 31, 2023

HousingWire recently spoke to Sandra Madigan, EVP of product strategy – servicing technology at ICE Mortgage Technology , about improving the home buying and ownership experience with technology and how the industry can do so thoughtfully. I compare it to how people felt before the iPhone came out.

Technology 456

Technology Tools Loan Officers Development 456

Housing Wire

SEPTEMBER 25, 2024

Applicants hoping to get a mortgage job in 2024. After cutting to the bone over the past three years, several large mortgage lenders are beginning to ramp up hiring. Today’s focus is on cultural fit, innovative talent compensation strategies, and leveraging technology to stabilize workforce needs through economic cycles.

Mortgage 457

Mortgage Loan Officers Retail Training 457

Housing Wire

MAY 2, 2024

loan officer Timothy Potempa has departed Dallas-based multichannel lender OneTrust Home Loans to join E Mortgage Capital , bringing his team of about 40 people and more than $300 million in annual production to the company headquartered in California. ” According to Scotsman Guide , Potempa was the No. million. .

Loan Officers 448

Loan Officers Mortgage Retail Lending 448

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.

Business 448

Business Loan Officers Mortgage Lending 448

Housing Wire

MAY 20, 2024

Mortgage capital markets tech firm Polly announced on Monday its API integration with cloud banking provider nCino to enhance the digital mortgage process for lenders. In August 2022, Polly announced an extension of its API portfolio to better accommodate lenders amid a contracting mortgage environment.

Mortgage 435

Mortgage Real Estate Agent Loan Officers Technology 435

Appraisal Buzz

OCTOBER 24, 2024

Cloudvirga , a subsidiary of Stewart Information Services Corporation , has announced the findings of a consumer survey that highlights the increasing digitalization of the front-end of the mortgage origination process and growing homebuyer expectations for an even more automated, digital experience. What Does the Future Hold?

Loan Officers 425

Loan Officers Technology Tools Development 425

Housing Wire

OCTOBER 22, 2024

Mortgage technology company Uplist has launched what it says is a killer new tool that will help loan officers automatically generate refinance options for their clients. Loan officers can also put in lender-offered concessions that will change the pricing. ”

Tools 413

Tools Loan Officers Clients Technology 413

Housing Wire

OCTOBER 11, 2023

Leading property data and analytics company CoreLogic ’s newly launched digital mortgage platform (DMP) aims to streamline the mortgage process and improve efficiency for lenders. CoreLogic acquired digital mortgage tech provider Roostify in February. It then tailors that data to the home-buying process.

Mortgage 438

Mortgage Loan Officers Technology Lending 438

Housing Wire

MAY 1, 2023

Maxwell , the mortgage fintech backed by Wells Fargo and Fin Capital, has launched Maxwell Single-Sign On, an SSO (single sign-on) tool for lenders to enhance security and reduce the risk of data breaches, the company announced on Monday.

Tools 412

Tools Loan Officers Mortgage Technology 412

Housing Wire

SEPTEMBER 2, 2021

The mortgage industry is still seeing record-breaking numbers, but those numbers have started to wane and lenders looking to succeed in a slow market need to begin preparations today. Recent trends indicate that the mortgage market is beginning to see the end of the refinance boom and enter a purchase heavy market.

Technology 459

Technology Loan Officers Mortgage Investing 459

Appraisal Buzz

SEPTEMBER 25, 2024

CoreLogic recently posted that an estimated 4 million loans are candidates for refinancing if mortgage rates float below 6.75%. “An trillion outstanding mortgage balances originated during the high-interest rate period in 2023-2024,” the firm says. Maybe some will realize technology weaknesses need to be buttressed.

Mortgage 393

Mortgage Loan Officers Technology Contracts 393

Housing Wire

OCTOBER 10, 2024

Struggling fintech LoanSnap had its mortgage lender license in Connecticut revoked in early October by state authorities, adding to the company’s legal and financial problems. The firm was first licensed to do mortgage business in Connecticut in January 2021 and applied for a renewal in December 2023.

Mortgage 417

Mortgage Landlords Loan Officers Legal 417

Housing Wire

OCTOBER 23, 2024

Chicago-based Rate was the eighth-largest mortgage lender in the country during the first half of 2024, according to estimates from Inside Mortgage Finance. Through employee feedback and work with its technology partners, Rate has optimized the platform and is ready for a broader marketing push to consumers.

Mortgage 435

Mortgage Technology Development Finance 435

Housing Wire

MAY 24, 2024

Movement Mortgage , a multichannel mortgage lender, has appointed Joe Thompson as its new regional director. Thompson, recognized as a HousingWire Rising Star in 2018 , will oversee more than 60 loan officers across Texas , Oklahoma and New Mexico.

Mortgage 436

Mortgage Renovations Loan Officers Retail 436

Appraisal Buzz

NOVEMBER 15, 2024

Informative Research has announced a new integration with ICE Mortgage Technology that allows loan officers seamlessly pull credit and verify income, assets and employment (VOA & VOE/I) directly from their mobile devices.

Loan Officers 195

Loan Officers Technology Design Mortgage 195

Housing Wire

OCTOBER 31, 2022

Movement Mortgage on Friday announced the appointment of Lyra Waggoner as its chief information officer. Her role will focus on technology to drive the company’s growth. Waggoner’s professional career spans 18 years in the mortgage industry. The key to growing in a challenging mortgage market. Presented by: Polly.

Loan Officers 370

Loan Officers Mortgage Technology Tools 370

Housing Wire

JUNE 27, 2024

Mortgage data provider Optimal Blue this week announced the launch of Competitive Data License, a product that is designed to help lenders price loans accurately and drive profitability. ” The data license product allows lenders to see which loan locks were completed using the dataset and which loan officers locked the loan.

Mortgage 384

Mortgage Loan Officers Design Business 384

Housing Wire

NOVEMBER 1, 2024

The Mortgage Industry Standards Maintenance Organization (MISMO), a subsidiary of the Mortgage Bankers Association (MBA), has been developing a series of uniform technology standards that will ideally allow for the somewhat siloed reverse mortgage industry to more easily collaborate with others in the mortgage finance ecosystem.

Mortgage 376

Mortgage Technology Loan Officers Development 376