ISGN CorporationTM (“ISGN”), a leading provider of end-to-end technology solutions and services to the U.S. mortgage industry, announced today that it was named to HousingWire’s inaugural HW TECH100™ list of the housing economy’s most innovative technology companies for 2014 – the only list of technology innovation that captures the entire U.S. housing economy, spanning real estate to mortgage lending, servicing and investments.
ISGN was selected based on how the company’s technology met at least one of HousingWire’s six dimensions of innovation – unique solution, elegant implementation, market influence, growth, market potential or something else entirely. The firm’s technology must focus on residential mortgage lending, residential mortgage servicing, residential mortgage investments or real estate and be available to third party users and/or actively marketed and sold to third parties for use.
“The revolution in mortgage and real estate technology is just getting started,” said Paul Jackson, publisher and CEO of HousingWire. “What we’ve already seen happen in many other industries, from retail to news media, we’re now seeing take place on a grand scale in the U.S. housing economy. The HW TECH100™ recognizes those firms that are innovating the future of an industry that underpins much of the U.S. economic engine.”
“With more than 400 firms under consideration this year, selecting 100 was incredibly difficult – and making the cut should be considered a distinct honor,” said Jacob Gaffney, executive editor of HousingWire. “What really stands out to me is this: for the firms included in the 2014 HW TECH100™, the average reported customer growth rate year-over-year was a whopping 359 percent. This tells me that innovation is really taking off when it comes to the future of the housing economy.”
ISGN provides diversified platforms that support every aspect of the loan life cycle. The company recently launched its CFPB Compliance RiskCheck™, a Software-as-a-Service (SaaS), cloud-based tool designed specifically for small to midsize lenders in need of a cost-effective and efficient risk evaluation tool. The end-to-end review helps lenders understand and drive compliance with new and changing Consumer Financial Protection Bureau (CFPB) requirements.
“It is an honor to be named to HousingWire’s HW TECH100™ and recognized for our sustained focus on innovation in the mortgage industry. This recognition also reflects ISGN’s solution offering as a leading provider of technology to the U.S. mortgage industry,” said Amit Kothiyal, CEO of ISGN.
The HW TECH100™ looks to find the housing economy’s 100 most innovative technology companies. The annual program is the first to look at the entire housing economy, spanning residential real estate to residential mortgage lending, servicing and investments. Collectively, the housing economy represents roughly one-third of the U.S. economy, and more than 600 technology firms and dot-coms offer solutions that serve this market.