Technology

Glenn Sanford returns to lead SUCCESS Enterprises

Glenn Sanford has returned to SUCCESS Enterprises as publisher and managing director. Sanford — the founder of eXp Realty and CEO of eXp World Holdings — announced the move alongside the launch of SUCCESS+, an artificial intelligence (AI)-driven global platform aimed at providing professional development and community for entrepreneurs and growth-minded individuals. “With SUCCESS+, we […]

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Stellar MLS launches market, neighborhood reports for agents

Stellar MLS — the largest multiple listing service in Florida and Puerto Rico — has launched IO Reports, a new tool that offers subscribers access to neighborhood and market insights for any address in the U.S. The new feature — provided in partnership with location intelligence company Local Logic — gives real estate professionals detailed

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Longbridge hires Azita Guzzo to head up tech innovation efforts

Longbridge Financial, one of the nation’s leading reverse mortgage lenders, on Tuesday announced the hiring of Azita Guzzo as its new head of technology innovation. Guzzo will fill a newly created role at Longbridge. She’s being tasked with the development of advanced technology solutions for enhanced customer service and improved operational efficiency. “Azita’s deep expertise

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Senate bill would add unconverted crypto to mortgage underwriting equation

A new bill introduced in the Senate would require Fannie Mae and Freddie Mac to consider unconverted digital assets in mortgage underwriting. Sen. Cynthia Lummis (R-Wyo.) introduced the legislation, known as the 21st Century Mortgage Act, on Tuesday. S.B. 2471 is a response to a directive from Bill Pulte, the director of the Federal Housing

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Tech providers zero in on home equity lending

Tech providers zero in on home equity lending

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,

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Beeline exits partnership with spirits company

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

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Halcyon integrates with Finastra on income verification solutions

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

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LoanLogics finds persistent 11.5% error rate in US mortgage files

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

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ICE links MSP and Encompass to unlock home equity, refi loans

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

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Figure expands Intellidebt offerings for debt consolidation

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

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