Mortgage Tech Demo Day

In a half-day format, technology companies will demo their platforms and answer questions. You can tune in for the whole demo day, or strategically drop in on sessions to learn about specific solutions.

DOJ v. NAR and the ethics of real estate commissions

Today’s HousingWire Daily features the first-ever episode of Houses in Motion. We discuss the Department of Justice’s recent move to withdraw from a settlement agreement with the NAR.

Hopes for generational investment in housing fade in DC

Despite a Democratic majority, the likelihood of a massive investment in housing via a $3.5 trillion social infrastructure package appears slim these days. HW+ Premium Content

Road to the one-click mortgage

This white paper will outline how leveraging a credential-based data provider can save money for lenders, reduce friction for borrowers, speed time to close, and overall bring lenders one step closer to a one-click mortgage.

Awards

2020 HW Tech100 Mortgage winner: Teraverde

Increases lender profits and efficiency with data-driven intelligence

Teraverde’s Coheus Profit Intelligence increases lender profits and efficiency with data-driven intelligence that unwraps the secrets to increase profitability hidden within the lender’s LOS, accounting, and servicing data. Coheus provides actionable intelligence that guides executives to actions that increase profit and efficiency, providing immediate ROI using its proprietary data-driven intelligence. Teraverde’s innovative, data-driven associative engine and mortgage lending, financial and servicing domain knowledge uncovers hidden profit improvement intelligence with the troves of data in a lenders LOS, general ledger and servicing systems, providing fast return on investment and quick deployment.

  • A lender identified process inefficiency and took action to reduce exceptions by 55%
  • One CEO used Coheus to evaluate loan officer performance and took action to reduce underperforming loan officer headcount by 20% while increasing profit per loan by 30%
  • A user corrected process issues that sped up approvals by 12 days for the most creditworthy borrowers while increasing the productivity of staff by about 15%

https://www.teraverde.com/

Most Popular Articles

Are we back to a normal housing market?

Favorable demographics should keep the housing market ticking. But watch for home prices escalating out of control and rates moving up sharply, writes columnist Logan Mohtashami. HW+ Premium Content

Jul 26, 2021 By
3d rendering of a row of luxury townhouses along a street

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