Technology

Technology innovation and integrations. Company updates to client services, as well as strategic vendor moves.

ARTICLES

  • Fintech company Plaid secures investments from Mastercard and Visa

    Top credit card companies invest in fintech unicorn
    Plaid, a technology platform that connects various applications with users’ bank accounts and has a growing presence in the mortgage space, raised $250 million last December in its Series C funding round that pegged the company with a reported valuation of $2.65 billion. But now, the company has two new and very notable investors: Mastercard and Visa.
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  • Expert: The greatest hurdle for mortgage technology is culture

    We are in the adapt or die moment
    We are in the adapt or die moment for mortgage technology, and lenders must quickly move from doing digital to being digital, one expert explained. Leaders in the lending space need to understand that the greatest hurdle for technology in the housing industry isn’t technical. It’s cultural.
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  • Insellerate brings on Tami Von Tour as director of enterprise sales

    Von Tour joins the company from Ellie Mae
    Insellerate, a mortgage industry customer relationship management system and 2018 HW Tech 100 winner, recently announced the hire of Tami Von Tour. She joins the company as director of enterprise sales. In her new role, Von Tour will aim to grow the company’s client base of mortgage companies and financial institutions.
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  • Using rapid analytics to find and keep customers

    Black Knight’s RAP reduces the time, effort and cost of analyzing large data sets and applying advanced analytics
    At Black Knight, our data scientists faced the challenges of organizing vast data sets on a daily basis. In fact, we scoured the marketplace to find a tool that would help us wrangle the terabytes of mortgage and housing data we work with into useful information. Such a tool simply did not exist, but that didn’t change our needs – so we built one instead. The result is our Rapid Analytics Platform (RAP) – a “virtual lab” for organizations working with big data and complex analytics specifically around housing-related assets – and which we now offer to clients.
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  • Realogy denies merger talks with Compass

    Compass’ claim “was clearly designed to create distraction,” Realogy’s CEO says
    Realogy, the biggest U.S. real estate brokerage, on Monday took the unusual step of disclosing to the Securities and Exchange Commission an internal memo sent by CEO Ryan Schneider to his employees outlining something that wasn’t going to happen. “We want to be clear with you that we have never had discussions to sell or merge Realogy with Compass,” Schneider told his employees.
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  • Opendoor acquires escrow and title company OS National

    Announcement comes on the heels of Opendoor Home Loans launch
    It’s been an interesting few weeks for Opendoor. Last week, the company announced the launch of Opendoor Home Loans, and officially entered the mortgage lending industry. Now, the iBuyer’s growth continues, as Opendoor announced Thursday that it has acquired OS National, LLC, a national title and escrow company.
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  • From HW Magazine

    Finicity provides high quality consumer-permissioned data to empower financial health

    Digital verifications expedite lending and provide borrowers access to financial data
    Fintech company Finicity was founded on the idea that when borrowers have access to their personal financial data, they are empowered to make the best financial decisions. Finicity puts the borrower at the center of its product development and design, understanding that access to data can positively impact one’s financial health.
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