Technology

Coldwell Banker getting into the direct home buying business

Direct buying program could expand to other Realogy brands
Have we reached a tipping point in the trend of massive real estate players beginning to buy homes directly from homeowners? It looks like that may be the case, as one of the nation’s biggest real estate brands is planning to launch its own direct buying business, and its siblings may not be far behind.
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Tavant Technologies integrates with Homestar Financial Corporation

Homestar will bring VELOX to its customers
Tavant Technologies recently announced it has integrated its VELOX platform, with Homestar Financial Corporation to transform its digital mortgage experience. HOMESTAR Chief Digital Officer Walt Carter said the partnership will help the company provide a higher level of service to customers.
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Deephaven Mortgage launches new non-QM tool with LoanScorecard

The new tech will smooth out the origination and qualification processes for non-QMs
Deephaven Mortgage is launching a non-qualified-mortgage point-of-sale/pre-qualification tool called IDENTI-FI AUS to simplify the origination and qualification processes for Non-QMs. Now is a good time to be an originator in the Non-QM as Non-QM lending has been enjoying a big uptick in popularity this year, more than doubling production this year, according to LoanScorecard’s statement.
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Live Well Financial bets big on tech

Plans to launch enhanced platform to streamline forward and reverse lending
Whether they’re buying a car or refinancing a house, consumers want immediate information about their transaction at their fingertips. Acutely aware that mortgage shopping is no different, Live Well Financial is bankrolling a major upgrade in its lending platform in a bid to create a better, faster more automated experience for its customers and its originators.
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Fiserv Lending Solutions rebranding as Sagent Lending Technologies

Follows sale to Warburg Pincus
Earlier this year, Fiserv sold more than half of its mortgage servicing business to private equity firm Warburg Pincus for $395 million. The plan was for the companies to operate the servicing business, called Fiserv Lending Solutions, as a joint venture. And that’s still the case, although the joint venture won’t carry Fiserv’s name anymore.
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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. GSF Mortgage Corporation President Chad Jampedro stated the company's mission is to deliver a safe, efficient and smooth transaction to for customers.
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Cryptocurrency exchange Coinbase nabs top Fannie Mae exec Brian Brooks

Fannie Mae general counsel leaving after 4 years
Once rumored to be on the Trump administration’s shortlist to lead the CFPB, top Fannie Mae executive Brian Brooks is set to leave the federal government behind for the cryptocurrency industry. Brooks, who has served as Fannie Mae’s executive vice president, general counsel, and corporate secretary for almost four years, is stepping down from that position Friday to become the chief legal officer of Coinbase, one of the world’s largest digital currency exchanges.
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Maxwell launches new API to streamline loan applications

Releases ApplyID to help minimize customer involvement
Tech 100 winner Maxwell just launched a new loan application and data enrichment API it has dubbed Maxwell ApplyID. According to Maxwell, the new tech enables clients to pre-populate loan application data and develop new customer intelligence capabilities with little to no hassle.
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[LISTEN] SimpleNexus in the Winner's Circle

How the company is making loan officers' lives easier
SimpleNexus recently secured a multimillion dollar investment and Miller discusses how that money is fueling the expansion efforts at the firm, and making life easier for loan officers. In this edition of In The Winner's Circle, Editor-in-Chief Jacob Gaffney sits down with Ben Miller, SimpleNexus president and COO and asks him why LOs should invest their time and money in his product.
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[LISTEN] Optimal Blue in the Winner's Circle

3 layers of analytics mortgage firms need to be successful
In this edition of In The Winner's Circle, Editor-in-Chief Jacob Gaffney sits down with Bob Brandt, VP of marketing and strategic alliances at Optimal Blue. Brandt discusses the three layers of analytics needed for mortgage firms to be successful, both in mortgage lending and mortgage investing.
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