zimmytws – stock.adobe.com With interest in home equity lending on the rise, ICE Mortgage Technology and Figure are rolling out tool enhancements for business customers aimed at expediting originations and attracting customers. Borrowers managing loans via ICE’s MSP servicing platform will be able to quickly apply for new home equity lines of credit and loans, […]
Tech providers zero in on home equity lending Read More »
Beeline Financial announced Tuesday it is exiting its unusual partnership with an Oregon-based publicly traded distillery, a little less than a year after the two companies announced plans to merge. The digital mortgage lender said it will instead focus on expanding its offerings in home finance, as it expects the housing market to recover next
Beeline exits partnership with spirits company Read More »
Halcyon, a provider of digital income and tax verification solutions, on Tuesday announced a new integration with Finastra, a financial services software company, to enable seamless digital management of IRS Form 8821 authorizations within Finastra’s Mortgagebot solution. This integration provides financial institutions with a faster and secure way to retrieve and manage tax transcript data
Halcyon integrates with Finastra on income verification solutions Read More »
Audit software and automation solutions company LoanLogics announced Tuesday that 11.5% of all U.S. mortgage file content was missing or erroneous over the past 10 years, according to an analysis of internal data. LoanLogics provides technology used to originate, manufacture, audit and service loans. Its systems process more than half of all U.S. mortgages each
LoanLogics finds persistent 11.5% error rate in US mortgage files Read More »
ICE Mortgage Technology’s new integration of its servicing and origination platforms reflects a broader trend in the mortgage industry — offering home equity loans while rates remain high and preparing for refinances as rates begin to decline. The same logic underpins deals such as Rocket Companies’ acquisition of Mr. Cooper Group and Bayview Asset Management’s
ICE links MSP and Encompass to unlock home equity, refi loans Read More »
Figure Technology Solutions, a blockchain-native capital marketplace, announced on Monday an expansion of Intellidebt, its Direct Debt Payoff (DDP) solution. The move aims to allow borrowers to consolidate existing liens and high-interest debt directly through the loan application process. The upgrade boosts borrower qualification potential by improving combined loan-to-value (CLTV) ratios, debt-to-income (DTI) ratios and
Figure expands Intellidebt offerings for debt consolidation Read More »
First American Title Insurance Co. has introduced a generative artificial intelligence (AI) tool designed to streamline how title agents access underwriting and compliance information. The new feature — called AgentNet Assist — integrates with the company’s AgentNet platform and is now rolling out to First American’s policy-issuing title agents nationwide. AI tools allow agents to
First American Title launches AI tool for agents Read More »
Property Technology (PropTech) is quickly transforming the global real estate industry, driving innovation and spurring trends across new residential and commercial developments. The global PropTech market was valued at $36.55 billion in 2024 and is projected to reach $88.37 billion by 2032, illustrating the growing relevance of smart technologies in real estate. With staples of
Hybrid cloud and the rise of PropTech: What’s next? Read More »
Welcome back to Tech Pulse — HousingWire‘s weekly series rounding up the latest in technology news, including tools, integrations and trends that impact mortgage and real estate. Here’s what happened this week: Senate Democrats press FHFA on crypto use in mortgages Five Senate Democrats are urging caution as the Federal Housing Finance Agency considers allowing unconverted cryptocurrency in mortgage underwriting.
Tech Pulse: Lawmakers press FHFA on crypto for mortgages Read More »
Five Senate Democrats are raising concerns about the potential risks of using unconverted cryptocurrency assets in mortgage underwriting, urging the Federal Housing Finance Agency (FHFA) to tread carefully. In a letter addressed to FHFA Director Bill Pulte, the senators reacted to his social media post from late June, in which Pulte said the agency is
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