Search Results for: mortgage technology

Black Knight Announces Acquisition of Collateral Analytics, a Leading Provider of Analytic Technology for the Mortgage, Capital Markets and Real Estate Markets
Business Fintech News

Black Knight Announces Acquisition of Collateral Analytics, a Leading Provider of Analytic Technology for the Mortgage, Capital Markets and Real Estate Markets

Fintech News Desk
by Fintech News Desk0494
Collateral Analytics builds and delivers automated valuation models (AVMs), collateral and mortgage risk tools to the real estate, mortgage and wider finance sectors The company holds proprietary data assets representing approximately 600,000 neighborhoods across the U.S.; demographics on 100 million individual households; and commercial real estate market information The addition......
Candor Technology Enhances Pre-Close Underwriting Efficiency and Helps Lenders and Investors Quickly Review Portfolios and Reduce Buybacks
Lending Mortgage News

Candor Technology Enhances Pre-Close Underwriting Efficiency and Helps Lenders and Investors Quickly Review Portfolios and Reduce Buybacks

PR Newswire
by PR Newswire0146
Recent study of more than 500k funded loans revealed zero repurchases Candor Technology, Inc., a leading provider of automated underwriting technology and other technology-enabled solutions for the mortgage industry, announced it has completed a study of more than 500,000 funded loans and zero had repurchases. Thirteen repurchase claims were defended because the......
Rocket Companies Hires AI Innovator Shawn Malhotra as Chief Technology Officer
Fintech News

Rocket Companies Hires AI Innovator Shawn Malhotra as Chief Technology Officer

PR Newswire
by PR Newswire0156
Malhotra is a proven technology leader with decades of experience in engineering, product development and AI strategy for tech and media companies, including Thomson Reuters, Intel and Qualcomm Rocket Companies, the Detroit-based fintech platform company including mortgage, real estate and other financial service businesses, announced Shawn Malhotra as its first ever group......
ICE Mortgage Monitor Trading Up to a 25% More Expensive Home Would More Than Double the Average Mortgage Holder’s Payment
Finance Fintech News

ICE Mortgage Monitor: Trading Up to a 25% More Expensive Home Would More Than Double the Average Mortgage Holder’s Payment

Business Wire
by Business Wire0132
Homeowners who took out mortgages when rates were near record lows in 2020 and 2021 face an even steeper move across the street cost, with such a lateral move requiring a 60% higher monthly payment. Intercontinental Exchange, Inc, a leading global provider of technology and data, released its April 2024......
Fifth Third Bank Moving to ICE’s End-to-End Mortgage Ecosystem to Improve Customer Experience
Banking Fintech News

Fifth Third Bank Moving to ICE’s End-to-End Mortgage Ecosystem to Improve Customer Experience

Business Wire
by Business Wire0149
Fifth Third will also incorporate multiple ICE data and analytics solutions to help mitigate risk, identify opportunities, and gain crucial insights to support data-driven decision making. Intercontinental Exchange, Inc., a leading global provider of technology and data, today announced that Fifth Third Bank will move its origination and servicing operations......
Redfin Report: 89% of People With Mortgages Have an Interest Rate Below 6%, Down From a Record 93% in 2022
Fintech News

Redfin Report: 89% of People With Mortgages Have an Interest Rate Below 6%

Fintech News Desk
by Fintech News Desk0203
The share of homeowners with relatively low rates has fallen because some have given up on waiting to move until rates nosedive, and everyone who has purchased a home in the last year did so when rates were above 6% Nationwide, 88.5% of U.S. homeowners with mortgages have an interest......
Matic Partners With Paramount Residential Mortgage Group
InsurTech Mortgage News

Matic Partners With Paramount Residential Mortgage Group

Fintech News Desk
by Fintech News Desk0249
Matic to enhance property & casualty insurance offerings for PRMG customers By Global FinTech Series News Desk  Matic, a digital insurtech platform, and Paramount Residential Mortgage Group (PRMG), a national mortgage lender, announced an exclusive partnership to offer Property & Casualty (P&C) insurance products to PRMG customers.  The partnership will......
Infosys and Better Collaborate to Offer Mortgage as a Service
Mortgage News

Infosys and Better Collaborate to Offer Mortgage as a Service

PR Newswire
by PR Newswire0241
An integrated technology & operations white-labelled AI-driven platform to help banks and credit unions provide their customers seamless digital mortgage and home equity loan experiences Infosys, a global leader in next-generation digital services and consulting, announced a collaboration with Better Home & Finance Holding Company, a leading digital-first homeownership company,......
New Research on AI in Mortgage Finance Identifies Opportunities to Advance Racial Equity in Homeownership, Pitfalls to Avoid
Mortgage News

New Research on AI in Mortgage Finance Identifies Opportunities to Advance Racial Equity in Homeownership, Pitfalls to Avoid

GlobeNewswire
by GlobeNewswire0260
FHLBank San Francisco and Urban Institute collaboration delves into evolving role of AI in mortgage finance industry, issues recommendations for pursuing equitable outcomes The Black-white homeownership gap is wider than it was in 1960, sitting at nearly 30 percentage points, and the rapid adoption of Artificial Intelligence (AI) puts the......
Redfin Reports 2023 on Pace For Fewest Home Sales Since 2008 As Mortgage Rates Hit 8%
Banking Finance News

Redfin Reports 2023 on Pace For Fewest Home Sales Since 2008 As Mortgage Rates Hit 8%

Business Wire
by Business Wire0294
Redfin economists say this is likely to be the slowest sales year since the Great Recession as persistently high mortgage rates and low inventory spook buyers This year is likely to end with roughly 4.1 million existing home sales nationwide, the fewest since the housing bubble burst in 2008 after......
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