Articles Tagged with ''digital mortgages''

Fintech company Plaid raises $250 million, valued at $2.65 billion

New investors include Mary Meeker and Andreessen Horowitz
There’s a new unicorn in the fintech space, as Plaid announced this week that it raised $250 million in its Series C funding round at a reported valuation of $2.65 billion. Plaid, a technology platform that connects various applications with users’ bank accounts, has a growing presence in the mortgage space. And now, the company plans to grow exponentially thanks to a massive new capital injection.
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Better Mortgage expands again, adds 8 new states

Company now operates in 26 states
Digital mortgage company and 2018 HW Tech100 winner Better Mortgage is expanding again. Earlier this year, the company expanded into Mississippi, Iowa, South Dakota, Michigan, and Tennessee. And now, the company is adding eight more states.
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Here are 5 AI trends to watch for in 2019

How far will tech advance in the new year?
This year is drawing to a close, and many experts are already predicting the direction mortgage lending will take in 2019. One way lenders can keep up with the challenging lending environments is through technological enhancements. One expert outlined five artificial intelligence trends that lenders should watch out for in 2019.
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Redfin partners with Notarize to enable completely online mortgage experience

With eClosings, Redfin takes the final step toward digital mortgages
Redfin has taken the final step toward providing its clients with a fully digital home buying experience. The listings giant’s mortgage arm has announced a partnership with Notarize in a deal that offers Redfin Mortgage clients the ability to close on a home quickly, easily – and completely online.
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Fintech lender Prosper enters mortgage arena with eyes on HELOC disruption

Bets on growth in home equity lending with digital offering
Fintech lender Prosper, a longtime player in the personal lending space, has set its sights on the home equity sector, announcing plans Wednesday to enter mortgage lending with the release a digital HELOC product in early 2019. “We are taking advantage of our expertise in consumer credit and personal loans to build a product that removes the complexity and time-consuming barriers in applying for a HELOC,” said Prosper CEO David Kimball.
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Executive Conversation: Rick Thornberry on the launch of his company's new brand identity — One Radian

Business strategy focuses on innovative products and services so customers can better manage risk
Radian CEO Rick Thornberry discusses One Radian — his company's new brand identity and the catalyst behind innovative new products and services. "We want to be a force of positive disruption and are committed to creating a new future that strategically leverages technology and data to drive digital transformation of our business and the markets we serve," Thornberry says.
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Qualia debuts eSign technology

Aims to streamline digital mortgage with proprietary software
Qualia just rolled out eSigning capabilities in its bid for a berth among the companies holding the keys to the fully digital mortgage. Qualia claims that its new eSign technology is the first built specifically for title, escrow and closing software. According to Qualia, this will allow real estate professionals to use only the Qualia platform instead of needing to use piecemeal software to cobble together a digital mortgage process.
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Jay Kingsley addresses the disconnect between the digital experience and manual underwriting processes

CoreLogic's AutomatIQ Borrower gives lenders a single integrated solution to improve underwriting
There is a disconnect between the digital consumer experience and the more fragmented, manual processes that continue to slow down and increase underwriting costs. Jay Kingsley, executive for credit solutions at CoreLogic, discusses how his company's AutomatIQ Borrower pulls all the disparate borrower underwriting tools together into one integrated solution delivered from one provider.
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AFR Wholesale announces partnership with Floify

New partnership could reduce loan processing time by 15 hours per loan
AFR Wholesale and Floify announced Wednesday both companies shook hands on a partnership, and AFR will now use Floify’s point-of-sale technology. AFR’s goal in partnering with Floify is to reduce origination time and increase broker productivity.
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