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?

Back to the Future of Mortgage Lending

This webinar will be a discussion on understanding what’s to come in the future of mortgage lending by analyzing past trends in the industry, evolving consumer behaviors and demographics of the industry’s production capacity.

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.


LenderLive rebrands as Covius

Move signals company's focus on tech

LenderLive Holdings announced Tuesday that it has rebranded as Covius Holdings. Covius is the name of the company’s SaaS development platform, and the rebrand is meant to signal the company's strength in tech innovation.

LenderLive Holdings is the parent company of LenderLive Services, Require Holdings and LenderLive Network.

LenderLive Network, which is being sold to Computershare Mortgage Services in a deal expected to close later this year, will retain its name in the acquisition.

“For 20 years, the LenderLive brand has been synonymous with outsourced private-label mortgage fulfillment,” said Rob Clements, Covius chairman and CEO. “With the pending sale of our Network Division, we chose a new brand – Covius – that reflects our new strategic direction.”

Through its subsidiaries, Covius Holdings offers tech solutions to the financial services industry, providing document management, regulatory compliance, commercial and residential loan due diligence, settlement services, business process automation and lien release tracking.

Clements said the rebrand reflects a change in the company’s strategy to be more tech-focused in order to gain a competitive edge in a tough business climate.

“In the past year, [President and COO] John Surface and I have refocused the company’s strategy on the services, information solutions and technology that leading financial companies depend on to thrive in a highly competitive, highly regulated environment,” he said. “Covius has been the name of our established SaaS development platform. It speaks to what we have built to date and points to the future state that we are working toward.”

According to the company, Covius offers a number of innovative solutions that have improved operations for its clients, including regulatory monitoring and advisory programs that help lending institutions ensure compliance, and a default management solution that reduces defects in loss mitigation by more than 40%.

“Today, Covius companies are helping clients improve and automate operational workflows, assure compliance and quality, and achieve higher efficiency as they originate, service, acquire, trade and securitize assets,” said Surface.

Most Popular Articles lays off LOs, secures $750M cash injection

Digital mortgage lender is laying off 9% of its workforce ahead of a $750 million cash injection from financial backer SoftBank Group.

Dec 01, 2021 By

Latest Articles

What Omicron, bond market and jobs mean for housing

We often have two to three job reports per year that miss estimates badly. However, remember that we have over 10 million job openings.

Dec 03, 2021 By
3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please