Technology

Expert: Lenders shouldn't view technology as something to adopt

Lenders should see themselves as tech companies
Lenders shouldn't view technology as something to adopt in today's ever-changing market, but instead should see themselves as technology companies. While many borrowers aren't aware of what fintech is, they do know technology has finally started to make home buying, selling and financing much easier, according to Maria Moskver, Cloudvirga chief legal and compliance officer and 2018 HousingWire Woman of Influence winner.
Read More

Waterstone Mortgage founder launches tech-focused mortgage company

Announces launch of Novus Home Mortgage
Waterstone Mortgage founder Eric Egenhoefer has joined Panorama Mortgage Group as co-managing partner, launching a new brand extension, Novus Home Mortgage. Novus Home Mortgage is a residential lender operating in more than 35 states that aims to simplify the mortgage process using cutting-edge digital solutions, smartly leveraging the resources of its parent company to maximize returns.
Read More

Keller Williams to begin buying and selling houses

Real estate giant become latest to jump on iBuyer trend
Following a path previously laid out by the likes of Zillow and Redfin, and taking a page out of the playbook of Opendoor, Offerpad, and others, Keller Williams is about to start buying and selling houses. Next month, Keller Williams will launch an iBuyer offering, which it is calling “Keller Offers.”
Read More

Lone Wolf Technologies boosts real estate tech offerings by acquiring zipLogix

zipLogix’s offering will be integrated into Lone Wolf’s platform
Just over 18 months ago, Lone Wolf Technologies, a provider of residential real estate software, expanded its offerings when it acquired Instanet Solutions, a provider of transaction management, electronic forms, and eSignature solutions for the real estate industry. And now, Lone Wolf is at it again. Lone Wolf announced Monday that it acquired zipLogix, which also provides transaction management, electronic forms, and eSignature solutions for the real estate industry.
Read More

Fintech lender Prosper to pay $3 million fine for misleading investors

Settles SEC charges that it reported inflated returns
Prosper, a longtime player in the personal lending space, announced plans in November to enter the mortgage arena with a digital HELOC product that promised to disrupt home equity lending. But there's a chance these plans could be put on hold. The SEC announced Friday that Prosper has agreed to pay a $3 million fine to settle charges that it misled to investors by reporting inflated returns.
Read More

LoanLogics names new CEO

Promotes President and COO Bill Neville
LoanLogics has announced that its president and COO, Bill Neville, will take over the role of CEO from Brian Fitzpatrick. LoanLogics Founder and Chairman Howard Conyack Jr. said Neville’s leadership will help drive the company’s technology development and innovation.
Read More