Solving the Post-Close Challenge with Intelligent Automation

Join our upcoming webinar as SoftWorks AI CEO and Avanze CEO explore the advances in tech that allow for greater levels of automation and cost reduction, especially in support of post-close and pre-fund review.

Spruce’s Patrick Burns on innovation in title technology

In the season finale of Housing News season 5, Spruce CEO discusses heightened investor interest in title tech, innovation and fintech adoption.

The 100-years-war over real estate commissions

HousingWire plunges down the rabbit hole of residential real estate commissions, uncovering the past, present and future of this wholly unique part of the economy.

Real estate agents and LOs: the great collaboration

We spoke with Propertybase CEO Vance Loiselle about real estate tech and how the past year has accelerated the need for digital collaboration tools across the entire customer journey.

Awards

2020 HW Tech100 Mortgage winner: Figure

Transforming the lending experience for consumers through the power of blockchain

Figure is transforming the lending experience for consumers through the power of blockchain. Through its proprietary blockchain, Provenance, Figure takes loans from application to funding in days, not the typical weeks-long process. Figure products eliminate time consuming appraisals and inspections and require zero paperwork, resulting in a truly digital experience. Figure’s flagship product, Figure Home Equity Line, is a fixed-rate line of credit that provides approval in as little as five minutes and funding in five days — all online. It allows consumers to borrow against the equity in their homes without the paperwork-intensive, 45-day process traditional lenders require.

  • In just two years, Figure has become the fourth largest HELOC originator in the United States and homeowners can now borrow up to $150,000 with a fixed rate.
  • Originated approximately $1 billion in loans so far and have garnered significant interest from partners and customers like Jefferies, Franklin Templeton, Experian, Caliber Home Loans, and many others.
  • Figure began offering student loan refinance and mortgage refinance products, and since then, has originated a total of over $700 million in loans for customers in 2019.

https://www.figure.com/

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3d rendering of a row of luxury townhouses along a street

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