Technology

“Father of securitization” Lewis Ranieri partners with blockchain company Symbiont

Partnership seeks to transform mortgage industry with blockchain technology
On Wednesday, Ranieri Solutions announced a partnership with Symbiont, a blockchain and smart contract company, to explore opportunities to use Symbiont’s platform to “systemically improve all aspects of the mortgage industry.” The two companies explained that “Ranieri’s deep knowledge of the mortgage market coupled with Symbiont’s expertise in deploying enterprise blockchain networks led to the partnership between the firms."
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MERSCORP and eOriginal debut eNote Solutions

Enables mortgage originators to accelerate digital mortgage adoption
On Wednesday, MERSCORP and eOriginal announced the launch of a new solution the companies say will enable originators to accelerate entry into the digital mortgage ecosystem. MERS eNote Solutions, which is part of the company’s eSuite, will enable the creation, execution, registration and management of the electronic promissory note, or eNote, to mortgage originators across the industry.
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Here's your final preview of the 2018 HW Tech100

One last peek before the big unveiling!
Hundreds of companies applied for the honor of being named to the HW Tech100, a list of the most innovative tech companies in the housing and mortgage finance space... but only 100 were crowned. This week, we are previewing several of the companies that made our list. Today is our final sneak peek before we unveil the complete list of winners on Monday.
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FHFA officially sets date for Fannie, Freddie single security

Uniform Mortgage-Backed Security coming on June 3, 2019
After years of work and planning, the development of a single mortgage-backed security that will be issued by both Fannie Mae and Freddie Mac is nearly complete. The FHFA announced Wednesday that the government-sponsored enterprises will officially begin issuing the single security, called the Uniform Mortgage-Backed Security, on June 3, 2019.
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Your next look at HW's 2018 Tech100

Here's another preview of the companies that made our list
Hundreds of companies applied for the honor of being named to the HW Tech100, a list of the most innovative tech companies in the housing and mortgage finance space... but only 100 were crowned. Yesterday, we unveiled 10 companies that made our list. Today, we're showing off another 10... Click here to see some of the companies that made our list.
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Lennar partners with Blend to power its financing arm

Will digitally streamline purchase process for Lennar customers
Lennar, one of the largest homebuilders in the U.S., is now partnering with mortgage technology provider Blend, to power its financing arm. The new system will allow Lennar mortgages to close up to 10 days faster by cutting out unnecessary manual process.
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Here’s your first look at HW's 2018 Tech100

Just a sneak peek
Hundreds of companies applied for the honor of being named to the HW Tech100, a list of the most innovative tech companies in the housing and mortgage finance space... but only 100 were crowned. We know, you can’t wait and neither can we! So, click here for a sneak preview of some of the companies that made our list.
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JLL Spark acquires real estate asset management company Stessa

JLL acquires first company, Stessa, a SaaS-based real estate technology platform
On Tuesday morning, JLL Spark announced its acquisition of Stessa, a SaaS-based real estate technology platform that allows investors in income properties to track, manage and communicate the performance of their portfolios. This is the first strategic acquisition by JLL Spark since Jones Lang LaSalle created the company in 2017. Its mission, according to the company, is to transform the real estate industry through technology-based innovation.
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MISMO requests participation for creating enhanced digital verification process

New group to address implementation guidance
The Mortgage Industry Standards Maintenance Organization, a subsidiary of the Mortgage Bankers Association, announced it is inviting the mortgage industry participation in creating an enhanced digital verification process. The process will ensure a user's data and document are in agreement and have not been modified.
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Elon Musk’s Boring Company to sell LEGO-like bricks that can be used to build housing

Musk claims two people could build outer walls of a small house in two days
Elon Musk may be more famous for building electric cars (and solar roof panels) at Tesla or launching one of those electric cars into space with SpaceX, but his other company is about to come out with a product that could be used to easily and quickly build new housing. Musk took to Twitter on Monday to announce that The Boring Company will soon sell “lifesize LEGO-like interlocking bricks” that can be used to build sculptures, buildings, or even houses.
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