Industry Update: the Future of eClosing and RON

Join industry experts for an in-depth discussion on the future of eClosing and how hybrid and RON closings benefit lenders and borrowers.

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

How Biden’s Neighborhood Homes proposal impacts real estate investors

Dubbed the Neighborhood Homes Tax Credit, the proposal is part of the larger American Jobs Plan legislation — also known as Biden’s infrastructure plan. Here's a look into how it impacts real estate investors.

FintechMortgage

2018 HW Vanguard: Matt Hansen

SimpleNexus CEO

Since Matt Hansen founded SimpleNexus in 2014, the company has grown astronomically. What started out as a lark, creating a mobile app for his brother-in-law’s mortgage lending business, turned into one of the biggest names in digital mortgages.

Under Hansen’s leadership, SimpleNexus was recognized as a 2018 Top 500 company by Inc. Magazine, checking in at No. 359 on the prestigious list.Vanguard logo

Matt HansenSimpleNexus achieved the recognition as a bootstrapped company, earning $3.9 million last year, and growing 1,405% over the past three years.

The company was also named as one of HW’s Tech100 as one of the top technology companies in the housing industry.

SimpleNexus offers a digital mortgage platform that allows loan officers to become “mobile originators,” using their smartphones to view applications, pull credit reports and oversee all aspects of the loan process while connecting in real-time to their loan origination system.

Currently, 15 of the top 25 retail mortgage lenders are using the SimpleNexus digital mortgage platform, servicing more than 18,000 loan officers and 180 enterprise lenders nationwide. The platform has processed $100 billion in loan transactions, and more than 450,000 borrowers have used the SimpleNexus app to complete the mortgage process.

And, all that growth led to a big injection of funding in 2018. Back in June, the company raised $20 million in capital from Insight Venture Partners to fuel its plans for the future.

What’s the best advice you’ve ever received?

“The most important decision you will ever make is who you marry.”

Most Popular Articles

The housing market is losing steam

Mortgage applications for new home purchases decreased 3% from May and 23.8% year over year, suggesting buyer fatigue in the housing market.

Jul 20, 2021 By
3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please