The future will be digitally driven.
We're investing in the future of the real estate finance industry, building innovative technology solutions that serve as the backbone of our clients’ operations, seamlessly integrating with established technology platforms to drive efficiency, transparency and cost savings.
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Our Technologies
We’ve brought together more than 650 technologists who are building and implementing innovative technologies that are trusted by leading financial institutions to reduce transaction time, drive efficiency, increase transparency and ultimately build better businesses.
Products
- Residential Technologies
- Commercial Technologies
See how our real estate technology can help your business.
Resources
How Technology Is Transforming Warehouse Lending
Following the Great Financial Crisis of 2008, many of the nation’s largest banks began gravitating away from mortgage origination, concerned about higher risks, lower profits, and a changing regulatory environment. Over the last decade, independent mortgage banks (IMBs) or so-called “nonbanks” have filled the gap. Warehouse lenders extend short-term lines of credit to IMBs, secured by real estate collateral, allowing nonbanks to fund loans in their names rather than as a broker. IMBs originate and quickly sell the loans into the secondary market and pay the lender back.
Lenders Deploy Technology to Reduce Compliance Risk
Consumer protection regulations in the mortgage lending process have grown exponentially since the Great Recession. U.S. lenders must comply with federal mandates, regulations from 50 different states and nearly 200 different license types utilized by non-banks. Every step of the mortgage lending process requires specific disclosures, creating significant regulatory compliance risks. Fortunately, technology is quickly evolving to address the challenge.
How Digital Automation is Improving the Mortgage Process for Lenders, Originators and Consumers
Mortgage lending is a data-intensive endeavor, and the traditional loan process is time-consuming and bogged down in manual paperwork. But technology is streamlining and speeding the process for originators and their clients, as well as producing more accurate underwriting to reduce risk (and wasted time) for lenders and brokers. Meanwhile, the coronavirus pandemic has accelerated the adoption of digital products among consumers, and they expect less friction in their transactions.
Company News
Explore all NewsSitusAMC Advances Business Through Strategic Moves
SitusAMC, the leading provider of services and technology to the commercial and residential real estate finance industry, today announced a series of strategic business moves aimed at streamlining its focus while creating opportunities to advance its business through minority ownership and partnership structures.
SitusAMC Inks Agreement With Independent Financial To Transition Warehouse Lending System To SaaS-Based ProMerit
New York, NY (02.20.2024) – SitusAMC and Independent Financial have entered into an agreement to transition from the company’s warehouse lending platform WLS to its SaaS-based, enterprise-level warehouse lending platform ProMerit.