HousingWire Daily James Kleimann on mortgage technology innovation
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Mar 13, 2025 James Kleimann, Managing Editor at HousingWire and expert in mortgage technology, shares insights from the ICE Experience conference. He discusses the transformative impact of AI on the mortgage industry, highlighting how companies are adapting through innovative vendor contracts. The conversation touches on the competitive landscape, emphasizing the rising influence of smaller tech companies and the challenges posed by federal staffing cuts. Kleimann also addresses the complexities of regulatory compliance that businesses face amidst evolving market conditions.
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ICE Attendees
- ICE Experience attendees are the "doers and tinkerers" of mortgage technology, building and integrating systems.
- They possess a broad understanding of the mortgage ecosystem and its various components.
Shifting Landscape
- Smaller tech vendors are challenging larger, established companies in the mortgage space.
- Advancements in technology are accelerating, creating opportunities for smaller, nimble companies.
Adapting to Volatility
- Mortgage tech vendors are adapting their business models due to market volatility.
- They offer flexible payment options and absorb migration costs to stay competitive.