Housing Wire

FEBRUARY 9, 2021

Mega Capital Funding just became the latest company to re-enter the non-Qualified Mortgage space with the launch of several new product lines. Non-QM lending is poised for growth in 2021. Back in March, Mega Capital Funding became one of many mortgage lenders that ceased all non-QM operations. Presented by: Angel Oak.

Lending 317

Lending Investors Mortgage Marketing 317

Housing Wire

AUGUST 9, 2022

Lending standards tightened in July with the mortgage credit availability index (MCAI) dropping 9%, the largest monthly drop since April 2020, according to the Mortgage Bankers Association (MBA). Mortgage application volume for refis dropped 82.6% The MCAI fell to 108.8 from the last week of July 2021.

Mortgage 355

Mortgage Government Inventory Lending 355

Housing Wire

FEBRUARY 28, 2021

To be successful, lenders have to rely on mortgage lead generation to find potential borrowers. Home Lending Pal (HLP) has an anonymous marketplace that uses conversational intelligence, machine learning and blockchain to help first-time homebuyers through the home research and lending process.

Lending 299

Lending Mortgage Business Development 299

Housing Wire

JULY 12, 2022

Lenders continued to tighten credit standards in June as higher mortgage rates slowed refinance and purchase activity. The monthly Mortgage Credit Availability Index (MCAI) fell by 0.3% in June, according to the Mortgage Bankers Association. Purchase mortgage rates , measured by the Freddie Mac PMMS Index , were at 5.3%

Mortgage 376

Mortgage Government Inventory Lending 376

Housing Wire

SEPTEMBER 12, 2023

These current mortgage markets are what make it challenging for independent mortgage banks (IMBs). For many of these transaction-oriented, monoline mortgage lenders, it’s always a question of feast or famine. This left a void in the mortgage lending market, which was filled by IMBs.

Mortgage 349

Mortgage Investors Business Lending 349

Housing Wire

MAY 7, 2023

We had a lot of drama over the week between Federal Reserve meetings and banking stress, and mortgage rates and purchase applications both fell. Mortgage rates fell last week as we started the week at 6.73%, got as low as 6.43% to end the week at 6.5%. Mortgage rates fell to a low of 6.43% then ended the week at 6.5%.

Inventory 481

Inventory Housing Market Marketing New Listings 481

Housing Wire

JULY 29, 2021

In a comprehensive study of mortgage market liquidity, Liquidity Crises in the Mortgage Market , several well-known academics provided compelling evidence for “liquidity vulnerabilities associated with nonbanks.” These were 2000-2003, 2004-2008Q2, 2008Q3-2011, and 2012-2015.

Sellers 412

Sellers Mortgage Business Lending 412

Housing Wire

FEBRUARY 2, 2022

ConsumerDirect Mortgage rebranded itself to Real Genius and announced the launch of a modern mortgage application platform to simplify a borrower’s experience. Additionally, the lender promises borrowers a “personalized approach” and “access to veteran mortgage professionals.”.

Mortgage 282

Mortgage Technology Lending Modernization 282

Appraisal Buzz

SEPTEMBER 10, 2021

Mortgage credit availability increased in August according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from Ellie Mae’s AllRegs Market Clarity business information tool. The index was benchmarked to 100 in March 2012. in August.

Mortgage 195

Mortgage Tools Lending Business 195

Appraisal Buzz

OCTOBER 12, 2021

Mortgage credit availability increased in September, according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from Ellie Mae’s AllRegs Market Clarity business information tool. The index was benchmarked to 100 in March 2012.

Mortgage 195

Mortgage Tools Lending Business 195

Housing Wire

APRIL 7, 2022

Mortgage credit availability dropped in March, a sign that lenders tightened credit standards amid insufficient inventory of homes for sale and rising mortgage rates. The monthly Mortgage Credit Availability Index fell by 0.7% last month, according to the Mortgage Bankers Association. Presented by: CreditXpert.

Mortgage 336

Mortgage Government Inventory Lending 336

Housing Wire

APRIL 8, 2022

In time, markets always find balance and balance is a good thing. One of the reasons that I moved into the “team higher mortgage rate” camp is that what I saw in January, February, and March of this year was so unhealthy that I labeled the housing market savagely unhealthy. No, it can’t.

Housing Market 390

Housing Market Marketing Inventory Lending 390

Housing Wire

JUNE 9, 2022

Mortgage credit availability dipped for three consecutive months, largely due to shrinking refinance loans, according to the monthly Mortgage Credit Availability Index , (MCAI) which fell by 0.9% to 120 in May, the lowest level since July 2021, according to the Mortgage Bankers Association. Presented by: CreditXpert.

Mortgage 315

Mortgage Government Inventory Lending 315

Appraisal Buzz

AUGUST 12, 2021

The Mortgage Credit Availability Index (MCAI) shows that mortgage credit availability increased in July. The report from Mortgage Bankers Association (MBA) analyzes data from Ellie Mae’s AllRegs Market Clarity business information tool. The index was benchmarked to 100 in March 2012. The MCAI rose by 0.3%

Mortgage 195

Mortgage Tools Lending Business 195

Appraisal Buzz

DECEMBER 10, 2021

Mortgage credit availability decreased in November according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from Ellie Mae’s AllRegs Market Clarity business information tool. The index was benchmarked to 100 in March 2012.

Mortgage 195

Mortgage Tools Lending Business 195

Housing Wire

MARCH 22, 2023

The Federal Reserve ‘s decision to raise the federal funds rate by 25 basis points on Wednesday signaled that officials are still focused on bringing down inflation to 2% while monitoring how much recent bank failures slow lending in the economy and cool demand.

Mortgage 356

Mortgage Sellers Buyers Housing Market 356

Housing Wire

JANUARY 8, 2024

HousingWire: How do you view the lending landscape for 2024? To the buyer of an $800,000 home putting down 20%, the mortgage savings would be roughly $500. Granted, mortgage rates aren’t at their pandemic lows, but historically they are in line with what homeowners have typically paid. million in 20 years.*

Lending 323

Lending Development Investors Finance 323

Housing Wire

NOVEMBER 23, 2022

The current market downturn for mortgage lenders may be shorter than the previous cycles, mainly due to the recent rounds of workforce layoffs imposed by nonbanks. Nonbanks have more than 60% market share of mortgage industry production — and they are more likely than banks to move quickly to reduce capacity.

Marketing 325

Marketing Loan Officers Business Mortgage 325

Housing Wire

MAY 6, 2022

HousingWire recently spoke with John Keratsis, President and CEO of Deephaven Mortgage, about the potential benefits of non-QM lending in today’s tight housing market. HousingWire: In today’s tight market, margin compression is impacting countless mortgage companies. Deephaven has been doing non-QM since 2012.

Marketing 312

Marketing Lending Loan Officers Training 312

Housing Wire

MARCH 29, 2022

Johnson, whose career with Fannie Mae spans for almost two decades, is currently responsible for leading the mortgage giant’s digital transformation , which includes overseeing Fannie Mae’s technology, data, enterprise models and operations. What are the building blocks of digital lending? Presented by: Wolters Kluwer. Mary’s College.

Government 358

Government Lending Technology Mortgage 358

Housing Wire

MAY 3, 2024

The dismal 2024 mortgage market has one very silver lining: $32 trillion in home equity. The biggest year of mortgage production , from 2021-2022, generated $4.5 Cost to originate But providing the right lending products is only one factor in succeeding in this market. The other is reining in the cost to originate.

Technology 322

Technology Lending Mortgage Investing 322

Housing Wire

JULY 12, 2023

Three veteran sales executives at Movement Mortgage have parted ways with the South Carolina-based lender to join the competitor Summit Funding, sources told HousingWire. Schoolfield and Shelton joined Movement in 2012, were promoted as divisional leaders in February 2021, and landed at Summit in July. division, to Summit.

Retail 366

Retail Development Finance Lending 366

Housing Wire

DECEMBER 29, 2023

And with the ability to buy down consumers’ mortgage rates while still maintaining double-digit margins, new construction grew to comprise roughly 30% of total housing inventory in 2023, more than double a normal year. Most housing market forecasters believe that the existing home-sales market will likely only improve slightly next year.

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Construction Supply Chain Inventory Housing Market 424

Housing Wire

FEBRUARY 16, 2021

Writing about digital mortgage in 2021, I am reminded of a cartoon in the New Yorker, in which two cavemen were starting a fire and one said “Stop saying everything is ‘unprecedented.’” I can set filters for my partner search on Bumble, so why can’t I filter results for a mortgage broker? 1 Personalization. 2 Digital adoption.

Mortgage 530

Mortgage Technology Loan Officers Business 530

Housing Wire

DECEMBER 16, 2021

In 2012, Dmitry Godin was seemingly on top of the world. Interfirst Mortgage , the retail mortgage business he founded in 2001, had grown to $14.5 The lender originated $10 billion in mortgages in 2013, $5 billion in 2014, $3 billion in 2015 and just $2 billion in 2016 before shutting down altogether in 2017.

Mortgage 333

Mortgage Loan Officers Retail Training 333

Housing Wire

OCTOBER 11, 2022

As mortgage rates rose more than 90 basis points to finish September at 6.72%, overall rate lock volumes predictably fell sharply – down 10% from August and almost 60% off levels from 2021. “Home prices are pulling back in a growing number of markets, but across the country, affordability remains a challenge,” Happ said.

Lending 345

Lending Home Value Mortgage Government 345

Housing Wire

AUGUST 21, 2023

As a consequence, the number of real estate, mortgage and general housing tech firms to make the annual Inc. Mortgage origination platform Maxwell , which was in the top 200 last year and a HW Tech 100 award winner in 2021, was ranked No. The past year hasn’t been particularly good for tech or housing. The company was No.

Real Estate 345

Real Estate Real Estate Agent Technology Investors 345

Housing Wire

MAY 19, 2022

If there’s a bet to be made on the future of the non-agency lending space, it’s that the adjustable-rate mortgage (ARM) will become far more popular this year as purchase mortgages increasingly dominate a housing market pivoting to an up-rate environment. ARMs came up at almost every meeting, so it’s very relevant.”.

Loan Officers 440

Loan Officers Lending Mortgage Housing Market 440

Housing Wire

MARCH 23, 2022

Seeking business growth in the current rising rate environment, originators are contemplating the benefits of adding reverse mortgages to their product mix. David Peskin: As we all know, the housing market is booming right now. The program is available to a wide range of homeowners, with lending limits as high as $4 million*.

Mortgage 347

Mortgage Clients Business Training 347

Housing Wire

JULY 6, 2021

Mortgage software platform Blend Labs set terms for its initial public offering Tuesday including its goal to raise up to $360 million for a targeted valuation of nearly $4 billion. It has raised a total of $655 million since its founding in 2012, according to Crunchbase. The company also announced expectations to have a total of 219.6

Technology 366

Technology Mortgage Valuation Insurance 366

Housing Wire

MARCH 31, 2022

The Dallas Fed on Thursday published an article titled: Real-Time Market Monitoring Finds Signs Of a Brewing U.S. That’s not to say that the data points the Fed used are incorrect — in fact, we are in a savagely unhealthy housing market , but it’s not a bubble. Housing Bubble. I disagree with this conclusion. Let me explain.

Housing Market 515

Housing Market Inventory Lending Marketing 515

Housing Wire

APRIL 8, 2024

The lack of affordable housing in the United States is well-documented in the nation’s urban markets, where it is contributing to the swelling ranks of the homeless. That same dire need for affordable housing for the least prosperous among us, however, also is a serious problem in rural America — home to nearly 70 million Americans.

Tenants 463

Tenants Finance Construction Government 463

Housing Wire

MARCH 14, 2023

In a margin-compressing environment, California mortgage tech firm Blend Labs is betting that its newly launched composable origination tech will help the firm recover from its financial losses. Founded in 2012, Blend went public in 2021. In its latest third-quarter earnings, Blend reported a loss of $133.98

Insurance 326

Insurance Technology Business Lending 326

Housing Wire

JUNE 16, 2022

despite a challenging mortgage market in which real estate brokerages are laying off staff. The total funding, since the startup’s launch in 2012, is about $645 million and its valuation is at roughly $1.7 The company also plans to pause merger and acquisition activity and market expansion for the rest of the year. .

Brokerage 295

Brokerage Real Estate Lending Clients 295

Appraisal Buzz

DECEMBER 20, 2021

December 16, 2021 — Deephaven Mortgage today announced an alliance with Incenter Appraisal Management to give Non-Agency/Non-QM brokers a new competitive advantage by offering remote appraisal services for Deephaven’s loans. However, the challenges of appraiser shortages and appraisal backlogs are slowing down lending.

Appraisal 195

Appraisal Mortgage Technology Appraisal Process 195

Housing Wire

AUGUST 7, 2023

The capital, capability and content are present to make all real estate markets smarter, faster, safer and connected. Real estate still relies on a “system” unable to integrate production across the silos of media, brokerage, lending, insurance and trading. Consumers, communities and taxpayers are major beneficiaries.

Real Estate 317

Real Estate Supply Chain Architecture Brokerage 317

Housing Wire

JANUARY 5, 2021

SimpleNexus , a digital mortgage startup, announced on Tuesday that it picked up $108 million in a Series B funding around. The fund raise comes as the company attempts to increase its marketshare within the eClosing and mobile mortgage segments.

Architecture 384

Architecture Real Estate Agent Loan Officers Real Estate 384