Technology

Credit Plus hires new VP of Data Solutions

Jane House joins team to help servicers enhance portfolio management
Credit Plus has hired Jane House as vice president of Data Solutions. As such, the mortgage industry veteran and mortgage data specialist will support the 2017 Tech100 winner's mission to broaden its application of risk management and portfolio retention tools for mortgage servicers.
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Figure Technologies expands leadership team

Hires former Fidelity exec and chief economist to advance mission to help homeowners access equity
Figure Technologies announced its intention to shake up home equity lending in the fall, and now it's making key hires to help achieve this goal. The fintech company is the brainchild of former SoFi co-founder and CEO Mike Cagney, who launched the company last March with the goal of leveraging AI, blockchain and advanced analytics to revolutionize home equity lending.
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Churchill Mortgage to found new title company

Will create more secure experience
Churchill Mortgage announced Wednesday it will enter a joint venture with American Home Title to found a new title company – Churchill Title Solutions. Churchill Mortgage said the new title company will streamline the mortgage origination process and create a secure mortgage experience.
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Facebook making massive changes to ad platform after being accused of enabling housing discrimination

Fair housing groups spur changes to housing, employment, lending ads
Facebook is making significant changes to its advertising platform after the social media monolith was accused of enabling discrimination in housing, employment, and lending. The changes come after years of scrutiny into Facebook's ad practices, which appeared to allow advertisers to purposefully exclude certain people from seeing housing, employment, or lending ads.
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Reverse Mortgage Funding reduces fees, broadens broker access to proprietary reverse mortgage

Now accessible on a second LOS, Equity Elite also has lower origination fees and closing costs
New York-based Reverse Mortgage Funding jumped on the proprietary reverse mortgage train in May, becoming the third lender to offer a non-agency, jumbo reverse mortgage with the launch of its Equity Elite product. Now, less than a year later, the lender announced it is cutting the cost of its offering and making it available to a larger pool of brokers by appearing on ReverseVision's LOS.
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Multifamily tech company Livly launches with $10 million seed funding round

Company seeks to bring a "modern approach" to rentals
Tech-driven multifamily operations company Livly officially launched this week and is seeking to digitally disrupt the renting and the property management process. The company has a considerable amount of money behind it, announcing it raised $10 million in capital during its seed funding round.
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[Pulse] Here's how mortgage lenders can improve the borrower's journey

A step-by-step guide to gaining a competitive edge
It's a tough time for lenders. Origination costs are up, pricing is challenging and volumes are moderating. A recent Fannie Mae study revealed most lenders view increased competition as the biggest reason for margin compression. As the market continues to fragment, one key to margin expansion and beating the competition lies in improving the borrower journey. Here’s how you can do it.
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[Pulse] Here's the key to social media marketing for real estate agents and LOs

A clue: Find one good piece of content and break it down
Most real estate and mortgage professionals agree that creating content and using social media is vital to reaching customers and referral partners in today's market. As important as it is, many of them still find it overwhelming. That’s why I've created one simple strategy that can help brokers, LOs and agents create an active and engaging social media presence that won’t eat up loads of time.
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