Technology

The latest Mortgage Technology news

February 2023 — There have been a number of exciting advancements made in mortgage technology recently to help better streamline the lending process, and many more are on the horizon. With the housing industry in turmoil due to high rates and low inventory, companies are finding new ways to forge ahead and find profits in 2021 — and mortgage technology is one area they’re betting on. Take Ice Mortgage Technologies, for example, which plans to capitalize on cross-selling its tech products to clients, large home lending banks investing in their legacy infrastructure to help drum up business this year. Others are integrating with new platforms or new technologies to get ahead of the competition in what is likely to be a rough year for many companies. 

In addition, there have also been a number of notable changes made in the field of mortgage technology in recent months — and there may be more coming soon. Partnerships have been formed between big players to better utilize mortgage technology and gain a stronghold in the market. Mortgage tech startups have been successful in fundraising efforts. And, in mid-February, there were reports that Black Knight was looking to sell Empower, its loan origination software business in a bid to save the $13 billion deal with Intercontinental Exchange Inc (ICE), and had been soliciting the interest of potential buyers. The business is valued at about $400 million.

Mortgage Tech News

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• HUD highlights support for expanding high-speed internet access HW+

  Mar 21, 2023By Chris Clow

• Daily AI mortgage CRM company rebrands to Aidium HW+

  Mar 21, 2023By Tannistha Sinha

• Black Knight’s Scout added to Fannie Mae’s new valuation options list HW+

  Mar 21, 2023By Connie Kim

• LendingPad integrates with mortgage marketing provider Aduvo HW+

  Mar 20, 2023By Tannistha Sinha

• Frontwave integrates the Black Knight digital ecosystem HW+

  Mar 20, 2023By Tannistha Sinha

• Mortgage AI firm Candor conducts layoffs HW+

  Mar 17, 2023By Connie Kim

• Blend focuses on tech, cost reduction as it reports $769M loss HW+

  Mar 16, 2023By Connie Kim

• Qualia adds a new product to its software offerings HW+

  Mar 16, 2023By Brooklee Han

• FTC sues to stop ICE-Black Knight merger, says it would “drive up costs” HW+

  Mar 09, 2023By James Kleimann

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