Mortgage technology

Lending that can fulfill Biden administration aims around equity and supply, like an FHA premium cut or financing for accessory dwelling units, remain possible, but late-cycle housing risk is a concern.

Mid America will retain its focus on technology, third-party originations and secondary market executions for specialty products while helping the acquirer expand the scope of its operations.

But the deal could be derailed by antitrust concerns given the size of both companies in the mortgage technology field.

It’s tempting to add yet another screen or an external piece of software, but that’s not always the quickest path to success, writes a director at InRule Technology.

The move by Self Financial could add momentum to recent efforts in this areas by influential mortgage-market participants like Fannie Mae and Freddie Mac.

The tech firm cited an expected 60 to 70% drop in refinance volume as reason for the layoffs, which affect employees in the company’s title business and general administrative duties.

The Texas-based company aims to increase customer retention, offering borrowers amenities like flexible payment options through a self-serve vendor system.

Zigg Capital led the Series B raise for the West Coast-based digital platform, which was founded by former employees of Freddie Mac and Palantir.

The legislation President Biden was expected to sign on Friday heads off an array of potential disruptions for the industry.

Easy integration and customization are marks of products that make work well for industry professionals in the ranking.

The first Senate-confirmed woman to serve as president of the agency wants to involve a wide range of borrowers and mortgage companies in its efforts.

The move takes on heightened importance given Mr. Cooper’s recent purchase of a 20% stake in Sagent, which suggests companies handling mortgage payments are relying more on automation to be competitive.

The company said the bond issue is the largest ever seen in this asset class and was boosted by rising home values.

Efforts aimed at modernizing outdated sets of PLS mortgage information could facilitate electronic transmissions and benefit lenders looking to broaden opportunities for secondary market sales.

As Gen Z and millennials become homebuyers, companies are adding and upgrading their apps in the hopes of gaining a greater market share.

Influencer loan officers are aiming to reach the largest emerging group of homebuyers, one super-short video at a time.

Home valuation professionals have had mixed feelings about automation out of concern that some forms could result in less accurate assessments.