Top markets for affordable renovated housing inventory

Despite the rapidly deteriorating affordability, there is some hope for homebuyers in the form of renovated homes: properties that have been rehabbed into move-in ready condition after being purchased at auction.

HousingWire Magazine: December 2021/ January 2022

AS WE ENTER A NEW YEAR, let’s look at some of the events that we can look forward to in 2022. But what about what’s next for the housing industry?

Mortgage Tech Virtual Demo Day

Tune in to our live Virtual Demo Day on December 1st at 10am CT to experience demos from the most innovative tech companies in the Servicing, Audit and Post-Close space.

Logan Mohtashami on Omicron and pending home sales

In this episode of HousingWire Daily, Logan Mohtashami discusses how the new COVID variant, Omicron, will impact inflation and whether or not it will send mortgage rates lower.

FintechMortgage

PromonTech integrates with GSF Mortgage

GSF will bring Borrower Wallet to its customers

PromonTech, a 2018 HousingWire Tech100 winner, recently announced it has integrated its point-of-sale platform, Borrower Wallet, with GSF Mortgage to further improve customer experience.

Borrower Wallet is designed to help mortgage bankers provide customers the same digital mortgage solutions being offered by mega lenders. The solution captures leads and fosters borrower and lender collaboration to drive enterprise efficiency and improve loan pull-through.

“Our technology increases productivity and fosters collaboration by marrying applicant self-service with a loan officer’s trusted guidance,” PromonTech Chief Technology Officer Michael Kolbrener stated. “GSF Mortgage Corporation has been a fantastic partner and we are excited about their Borrower Wallet adoption.”

By implementing Borrower Wallet, GSF customers will be able to automatically download bank statements, sign documents online and receive accurate and up-to-date information.

“Our mission is to deliver a safe, efficient and smooth transaction to our customers,” GSF Mortgage Corporation President Chad Jampedro stated. “Our partnership with PromonTech helps GSF Mortgage to deliver on this mission and focus on customer centric business approach executed with innovative technology.”

“The originator experience is also upgraded,” Jampedro continued. “The new pipeline manager and borrower collaboration tools streamline our processes and brings our sales team closer to their customers with less effort. We are saving time and when you’re saving time in the mortgage business you are saving money."

Earlier this month, PromonTech also integrated Borrower Wallet, with Optimal Blue.

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