DALLAS, TX--(Marketwired - Mar 1, 2016) - HousingWire, the nation's leading news and information source for the U.S. housing economy, announced their third annual ranking of the Tech100™.
The HW TECH100™ is a groundbreaking awards program that highlights the housing economy's top 100 technology innovators. The number of applicants for the 2016 awards ballooned from previous years and these 100 companies demonstrate how deep the tech bench now is for mortgage finance and the larger housing economy.
Companies were evaluated based on six discrete dimensions, which served as a guideline for inclusion:
- Market influence
- Market potential
- Unique solution
- Growth
- Elegant implementation
- Something else entirely (the "it" factor)
For each of these six dimensions, HousingWire editorial selected a winning company that best represents the given dimension, in addition to selecting the 100 companies that comprise the HW TECH100™.
"The companies in the HW TECH100™ are providing innovative solutions to the traditionally hide-bound mortgage finance industry," said HousingWire Editor-in-Chief Jacob Gaffney. "In the face of rising costs to originate and service loans, a still-volatile housing market and multiplying regulations, these innovations are crucial to the survival and profitability of those in our industry."
Out of the 100 companies HousingWire recognized, 34 are new to the list this year. In a trend that accelerated rapidly from last year, a large majority of the companies on the list are working feverishly on automating systems or solutions for the much-anticipated eMortgage.
"It's incredible to see the universe of tech options now available to our industry," said HousingWire Magazine Editor Sarah Wheeler. "Some of the best and brightest minds are clearly working in our space to address the extraordinary challenges our industry is facing."
The 2016 HW TECH100™ is featured in the March 2016 issue of HousingWire Magazine and can also be found online at www.housingwire.com.
About HousingWire:
HousingWire is the nation's leading source of news and information for U.S. mortgage and housing markets. Winner of numerous awards, including a FOLIO™ Eddie Award for national editorial excellence in B-to-B Banking/Business/Finance, HousingWire has also been recognized for excellence in journalism by the Society of Business Editors and Writers, the American Society of Business Press Editors, the National Association of Real Estate Editors, and Trade Association Business Publications International. Learn more at www.housingwire.com.
Contact Information:
Kim Armstrong
(469) 893-1497