Mortgage lenders are fighting brutal market conditions, but lenders shouldn’t be pulling back on tech investments. That was the message mortgage and solutions executives emphasized on Sunday during the Mortgage Bankers Association’s (MBA’s) Technology Solutions Conference & Expo in San Jose, California. Consumers’ demand for a digitized mortgage experience that
Declining mortgage rates could have improved affordability for buyers in the housing market in February, but instead spurred a demand that, combined with a persistent lack of inventory across the U.S., put more pressure on home prices. According to the Black Knight’s mortgage monitor report, home prices rose 0.16% nationally in February compared to
Closings can only move as quickly as information is able to be exchanged and acted upon between a title and escrow company and its partners. True automation of a closing process end-to-end — whereby not only a title and escrow company’s workflows are automated, but their partners’ resulting workflows as
The Qualia platform includes modern, cloud-based products that provide the transaction infrastructure for title and escrow organizations of all sizes, from smaller agencies and real estate law firms to multi-state operations operating at scale. What makes Qualia’s title and escrow products unique is the ability to achieve an unparalleled level
Brena Nath, Director of HW+ and Events When looking at the home-buying process, I’ve always found it fascinating and impressive that the title agent usually wins the buyer-driven social media post. The homebuyer just wrapped this long process with their real estate agent and mortgage loan officer, but it’s the
The use-cases for AI-powered chatbots just keep growing. Big Purple Dot (BPD), a mortgage and real estate customer relationship management (CRM) and recruiting solutions company in Irvine, California, announced this week the integration of ChatGPT into its CRM ecosystem. According to Big Purple Dot, it is one of the first
The Mortgage Industry Standards Maintenance Organization (MISMO), the real estate finance industry’s standards organization, is currently seeking public comment on the latest version of the MISMO Servicing Transfer Catalog (MSTC), according to an announcement on Thursday. According to MISMO, the catalog, which was created through the collaboration of the MISMO Servicing Transfers
The Consumer Financial Protection Bureau (CFPB) has finalized the rule on small business lending, which fulfills a mandate from Congress and aims to increase transparency while mitigating discrimination. “Lenders will collect and report information about the small business credit applications they receive, including geographic and demographic data, lending decisions, and
In its third year, the 2023 HW Finance Leaders award celebrates the outstanding achievements of the top finance executives in the real estate and mortgage space. As the housing market continues to face volatility, the role of CFO has become increasingly critical. These execs have been faced with navigating a
Donny Kirby, former vice president of national direct-to-consumer sales at Wyndham Capital Mortgage, spent more than 12 years at Charlotte, North Carolina-based company before leaving to start a mortgage broker shop, Cornerstone Home Loans. At Wyndham, Kirby led the expansion of the lender’s branches from Charlotte, North Carolina into Arizona,
With the banking crisis spurring more talk of a recession, the question now is: What would housing credit look like in a recession? Many people predicted that the U.S. housing market would crash during the pandemic. One of the main reasons for that fear was that housing credit was about to
New Jersey-based Homebridge Financial Services will lay off 139 employees in June, three months after the acquisition of its retail division by CMG Mortgage, Inc. A Worker Adjustment and Retraining Notification (WARN) filed with the New Jersey Department of Labor and Workforce Development shows the job cuts will affect mortgage
Meridian Listing Agent Kevin Harper Says Idaho Real Estate Market Stronger Than Many Expected
Lake & Town Realty Partners With Real Estate Portal Lakefront Living Realty LLC
Reseller Hosting Provider Launches White Label Webhosting Education Campaign For Freelancers
Ohio Investment Real Estate Broker Launches New Property Search Website
Zillow News Truth Delta: Opinion & Editorial