Articles Tagged with ''Technology''

CoreLogic to buy out Symbility Solutions

CoreLogic already owns 28% of company, now it's purchasing the remainder of its shares
CoreLogic is buying Symbility Solutions, a subscription and cloud-based property insurance claims workflow solutions company. CoreLogic will acquire all outstanding stocks for C$0.165 per share in cash.
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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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Open Mortgage is all in on reverse

"We think chaos in the marketplace makes it a great time to invest"
Whether you originate traditional mortgage loans or focus on reverse, it’s a tough time in the lending space right now. For Open Mortgage, that means there’s opportunity for those bold enough to go after it. "It's all about moving forward when others are stuck," said CEO and Founder Scott Gordon.
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ARMCO goes toe-to-toe with fraud

Launches fraud investigation technology
Although there may be no immediate resolution for fraud in the housing industry, some companies are putting forth an effort to reduce the risk of deception. Amongst these companies includes ARMCO, who recently announced the launch of its Fraud Case Manager, the industry’s "first” fraud investigation technology.
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Mortgage lender closes doors after failing to invest in tech

Sells assets to Finance of America Mortgage
American Equity Mortgage closed its doors for good after its failure to invest in technology made it unable to compete with other mortgage lenders. Many lenders hope that investing in digital mortgages will help cut back on costs as competition rises, but for American Equity Mortgage, that investment was simply too little, too late.
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Unity Bank, Finastra announce partnership

Companies aim to streamline digital lending process
This week, Unity Bank, a Wisconsin-based lender, announced a partnership with HW Tech100 winner Finastra to streamline its Total Lending solution. Unity Bank Chief Credit Officer Darrin Wilson said Total Lending will offer customers the best possible experience while growing its lending business through improved operational efficiencies.
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Pavaso adds remote online notarization feature to eClosing platform

Feature added to meet growing demand for online notarizations
This week, mortgage technology provider Pavaso introduced a new remote online notarization tool to its Digital Close eClosing platform to meet the growing demand for remote notarizations. Pavaso's Nancy Pratt said that the tool, known as RON, "is a strong indicator that the mortgage and settlement industries are evolving."
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