Technology is critical for companies in the housing economy, who are striving to be accessible to consumers, efficient in their operations and compliant with regulations. That's why, for the third year in a row, HousingWire is recognizing the most innovative technology companies in our industry in the HW Tech100.
The number of applicants for the 2016 awards ballooned from previous years and these 100 companies demonstrate how deep the tech bench now is for mortgage finance and the larger housing economy. Out of these100 companies, 34 are new to the list this year, and in a trend that accelerated rapidly from last year, a large majority of the companies on the list are working feverishly on automating systems or solutions for the much-anticipated eMortgage.
In evaluating companies for the list, our editorial team viewed innovation along six discrete dimensions, which served as a guideline for inclusion to the larger list, and then selected one company that best represents that given dimension. The companies that won in these six special categories are:
- Market influence: CoreLogic
- Market potential: Auction.com (Ten-X)
- Unique solution: DocuTech's ConformX
- Growth: Ellie Mae
- Elegant implementation: Aces Risk Management (ARMCO)
- Something else entirely: Hearsay Social
The 2016 HW Tech100TM list: