Articles by Caroline Basile

Movement Mortgage CEO: Robots will not replace loan officers

"You can't automate empathy"
In the most recent episode of “The Winner’s Circle”, HousingWire Editor-in-Chief Jacob Gaffney discusses a range of issues with Movement Mortgage CEO Casey Crawford, from how to increase black homeownership to how technology is changing mortgage lending. When asked about the application of artificial intelligence and automation in lending, Crawford said he anticipates that every tactical element is going to be automated but he reminds us that there is no replacement to human interaction.
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Cloudvirga raises $50 million in Series C funding round

Series C funding round led by private equity firm Riverwood Capital
Digital mortgage point-of-sale software provider Cloudvirga announced it raised $50 million in its Series C funding round, led by private equity firm Riverwood Capital. The company said the new round of funding will support its mission to “help lenders reduce record-high loan production costs via automation and empower borrowers with greater transparency and engagement in the mortgage transaction.”
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Movement Mortgage in the Winner’s Circle: We need to increase black homeownership

Here’s what CEO Casey Crawford is doing to fix it
In the newest episode of "The Winner's Circle", Casey Crawford, the CEO of Movement Mortgage, reflects on his childhood, NFL career and how he builds morale at Movement. But games and sports are no longer his strongest passions. In fact, he believes minorities need to be encouraged to buy homes much more than they are today. "The low rate of black homeownership is a problem," he says. Here’s what he is doing to fix it.
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Monday Morning Cup of Coffee: Federal Reserve Board to vote on lifting Wells Fargo’s growth restrictions

Plus St. Louis Fed President James Bullard says further rate increases aren’t necessary
Following pressure from Sen. Elizabeth Warren, Federal Reserve Chair Jerome Powell has indicated that the Fed's Board of Governors will hold a vote to decide whether or not to lift growth restrictions placed on the megabank. Plus, here's why Capital One putting a stop to mortgage lending is good for its investors.
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ATTOM Data Solutions debuts online marketing list platform

ATTOM List users can filter by location, occupancy, equity, foreclosure status
Property resource database provider and 2018 HW Tech100 winner ATTOM Data Solutions announced the launch of ATTOM List, a new online marketing list creation platform that allows users to data for nearly 155 million U.S. properties to create targeted direct marketing lists in minutes, the company explained in a press release.
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Mr. Cooper in the Winner’s Circle: Why we added AI to our new mobile app

Will AI replace humans?
In this episode of In the Winner’s Circle, Editor-in-Chief Jacob Gaffney talks with Kevin Dahlstrom, the chief innovation and marketing officer at Mr. Cooper, about the lending and servicing giant’s new app featuring artificial intelligence, how AI can save customers more than $500 a month, and what it was like to spearhead the company’s rebranding effort.
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Mr. Cooper announces new AI-driven mobile app for homeowners

Solution seeks to help homeowners optimize debt, save money
Nonbank mortgage lender and servicer Mr. Cooper (formerly Nationstar) announced on Wednesday it plans to launch a new mobile app that utilizes artificial intelligence to reimagine the homeownership experience with tools to help homeowners optimize their personal balance sheets.
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