Housing Wire

APRIL 9, 2024

With the Federal Reserve gone AWOL on purchasing mortgage loans, mortgage rates have doubled and spreads over 10-year Treasuries are at historical highs. The Community Home Lenders of America (CHLA) applauds these initiatives. The American homebuyer needs help. But it’s time for a reality check. Such opportunities may arise.

Sellers 425

Sellers Realty Insurance Realtors 425

Lamacchia Realty

FEBRUARY 22, 2023

The Department of Housing and Urban Development announced the reduction of the FHA Mortgage Insurance Premium (MIP) today. The down payment hasn’t changed but the cost of the monthly mortgage insurance has decreased putting more money back in the homeowners’ pockets, making homeownership more affordable.

Insurance 60

Insurance Development Buyers Realty 60

Housing Wire

MAY 14, 2024

With the Fed gone AWOL on purchasing mortgage loans, mortgage rates have doubled and spreads over 10-year Treasuries are at historical highs. Another development in the focus on first-time homebuyers is CFPB’s recent announcement that it was going after junk fees and other non-competitive practices in the mortgage loan process.

Sellers 295

Sellers Realty Insurance Realtors 295

Housing Wire

JULY 18, 2022

The Federal Housing Administration ’s (FHA) decision to withhold a mortgage insurance premium cut has confounded mortgage policy experts and industry stakeholders. Ed Golding, who was FHA commissioner from 2015 to 2017, said it’s “likely” budget issues are holding up a MIP reduction.

Insurance 420

Insurance Transportation Mortgage Government 420

Housing Wire

JULY 20, 2023

Rumors this week that regulators would increase residential mortgage capital requirements for larger depositary banks, far exceeding international standards under the Basel III rules, have raised alarms for industry executives, analysts and trade groups. To understand the context, U.S.

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Mortgage Marketing Lending Finance 317

Housing Wire

MAY 16, 2024

Department of Housing and Urban Development (HUD) Office of Policy Development and Research (PD&R) in 2022 aimed to assess the state of the Home Equity Conversion Mortgage (HECM) program over a 20-year period. An analysis of the fourth reduction in October 2017 found that it had its intended effect.

Development 309

Development Appraisal Property Appraisal Insurance 309

Housing Wire

OCTOBER 26, 2020

First American Financial, which provides title insurance, settlement services and risk solutions for real estate transactions, has acquired a minority interest in ServiceMac’s parent company and that interest will convert into equity of ServiceMac at the acquisition’s closing, pending regulatory approvals. Presented by: Total Expert.

Technology 395

Technology Insurance Real Estate Mortgage 395

Housing Wire

AUGUST 8, 2022

Cenlar FSB , the nation’s second-largest mortgage servicer and largest sub-servicer, has installed new leadership following the retirement of its president, CEO and chairman Greg Tornquist. Chief Operating Officer Rob Lux was named co-CEO for operations, technology, business development, client management, human resources, and legal.

Human Resources 319

Human Resources Legal Finance Insurance 319

Housing Wire

NOVEMBER 13, 2020

The Federal Housing Administration ’s flagship Mutual Mortgage Insurance (MMI) Fund is in the best condition since before the financial crisis with a combined capital ratio for FY 2020 at 6.1% – only.3% MMI fund capital for the forward mortgage portfolio now stands at $77.8 3% away from levels seen in 2007. It’s a good thing.

Insurance 310

Insurance Mortgage Development Marketing 310

Housing Wire

AUGUST 14, 2020

The Community Home Lenders Association (CHLA) recently used the opportunity to submit a comment letter on proposed GSE capital levels to instead focus mostly on pending unresolved issues that are critically important to small mortgage lenders. CHLA did this not because capital levels aren’t important; they are. Scott Olson Guest Author.

Mortgage 323

Mortgage Insurance Development Government 323

Housing Wire

DECEMBER 7, 2020

Cooper , the nation’s largest nonbank servicer of mortgage loans, will refund customers nearly $90 million and pay a civil penalty of more than $6.5 We are holding Nationstar accountable for harming homeowners by improperly servicing their mortgage loans,” said Delaware Attorney General Kathy Jennings. “[Mr.

Law 534

Law Insurance Mortgage Investing 534

Housing Wire

JANUARY 12, 2022

CoStar CEO Andy Florance stated that the timing was poor to move into the residential mortgage market. He took over as CEO in 2017 following the unexpected death of then-CEO Anand Nallathambi from an illness. It also followed a bidding war for CoreLogic, with CoSta r making a pitch only to issue an 11 th hour withdrawal.

Real Estate 314

Real Estate Valuation Insurance Business 314

Housing Wire

DECEMBER 21, 2020

Blosser has been leading the association’s data privacy efforts since 2017, and led the association’s role in creating model legislation such as the Remote Online Notarization Act , which was drawn up in collaboration with the Mortgage Bankers Association and the National Association of Realtors. Presented by: WFG.

Insurance 223

Insurance Government Advertising Legal 223

Housing Wire

JUNE 1, 2022

According to the Mortgage Bankers Association (MBA), total loan production expenses increased to an all-time high of $9,470 per loan in the fourth quarter of 2021. The ALTA Registry is a unique real estate utility created specifically for the mortgage industry and service providers.

Insurance 366

Insurance Real Estate Agents Technology 366

Housing Wire

FEBRUARY 7, 2022

Few things terrify lenders more than the arrival of a manila envelope from the Department of Housing and Urban Development ( HUD ) containing a redlining allegation. As some independent mortgage banks have found out, a modern-day redlining allegation does not need to prove intentionality.

Insurance 332

Insurance Modernization Lending Mortgage 332

Housing Wire

MAY 17, 2022

During her visits, one thing stood out to Golding, who served as the Department of Housing and Urban Development ’s principal deputy assistant secretary from 2015 to 2017. In March 2021, Fudge said that the agency had “no near-term plans” to change FHA’s mortgage insurance premium pricing.

Insurance 311

Insurance Development Housing Market Mortgage 311

Housing Wire

MAY 8, 2023

Department of Housing and Urban Development ( HUD ) , that 200,000 represented close to 20% of all single-family homes supplied to the market in 2019. A nationwide foreclosure moratorium on government-backed mortgages took effect in April 2020 and lasted through August of 2021. That was an increase of 174,000 (50%) from a year ago.

Inventory 370

Inventory Renovations Supply Chain Buyers 370

Housing Wire

JANUARY 13, 2023

That, in turn, could lead to improved liquidity outlets for loans secured by single-family investment properties — through the private-label securitization (PLS) market and via insurers, pension funds and other institutional investors that hold loans or mortgage-backed securities in portfolio. . in June to 6.5% in October 2021].

Marketing 399

Marketing Investing Investors Landlords 399

Housing Wire

MAY 5, 2022

Doing so would result in 32% of examined lenders receiving a “Needs to Improve” score, compared to the 16% earning that mark for their retail performance from 2017 to 2019, bank regulators estimated. Banks also would be able to get credit for community development activities, even if that work occurs outside of their branch footprint.

Modernization 344

Modernization Lending Retail Law 344

Housing Wire

NOVEMBER 9, 2020

One area in the mortgage and real estate industry that has been evolving for nearly two decades is digital closings. E-mortgage volume spikes. During the first six months of 2020, the Federal Housing Finance Agency reported that the volume of e-mortgages purchased by Fannie Mae and Freddie Mac spiked significantly.

Law 431

Law Legal Technology Real Estate 431

Appraisal Today

MAY 10, 2024

These policies were the result of a collaborative effort between the GSEs, the Department of Housing and Urban Development (HUD) and the Federal Housing Finance Agency (FHFA). Now there is, per the attached PDF HUD/FHA mortgage letter. The mortgage loan officer handling the loan? The GSE’s have similar policies.

Reconsideration of Value 73

Reconsideration of Value Appraisal Real Estate Insurance 73

Housing Wire

MARCH 29, 2022

The three agencies in charge of such reviews — the Federal Reserve , the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency — have not denied a single bank merger in 15 years. And in a March interview with former president Bill Clinton, Department of Housing and Urban Development Sec.

Lending 350

Lending Government Law Mortgage 350

The Robert Weiler Company

SEPTEMBER 7, 2022

Dubbed as “the Silicon Valley of The Midwest,” startups are flocking to Columbus to develop their businesses. Venture capitalists invested over $3 billion into Columbus over the past 20 years with an uptick in 2017 and a peak in 2021. Tax Deduction (homeowners can deduct property taxes and mortgage interest).

Investing 78

Investing Business Real Estate Buyers 78

The Robert Weiler Company

SEPTEMBER 7, 2022

Our land brokers anticipate steady demand from land buyers, other CRE investors, land developers, and tenants in Ohio, Central Ohio, and Columbus, Ohio. Low mortgage rates have steadied, welcoming batches of new buyers eager to own a home in the market. New development projects also remain strong. Commercial Real Estate Sales.

Marketing 78

Marketing Real Estate Investing Retail 78

The Robert Weiler Company

OCTOBER 15, 2021

How the 2017 Tax Cuts and Jobs Act Affects You and Your Commercial Real Estate. The mortgage payments, utility fees, and maintenance costs are all on your shoulders. Franklin County, which includes Columbus, underwent the property reassessment process in 2017. The 2017 Tax Cuts and Jobs Act, also known as Public Law No.

Investing 138

Investing Real Estate Tenants Investors 138

Appraisal Today

SEPTEMBER 17, 2022

NOTE: Please scroll down to read the other topics in this long blog post on AMCs, appraisal business, real estate market, unusual homes, mortgage origination stats, etc. =. Architect Adam Dayem designed the unique 2,500-square-foot residence, which was completed in 2017 after several years of construction. 2,500 sq.ft.,

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Appraisal Construction Contracts Insurance 52

Patch of Land

OCTOBER 5, 2018

Lawmakers, especially those in the House, have held multiple hearings between 2015 and 2017 on fintech-related topics, including mobile payments, peer-to-peer lending, digital currency, blockchain, the JOBS Act and online lending’s role in improving access to small business capital. After origination, they buy the loans for sale to investors.

Lending 35

Lending Law Technology Investors 35

Clear Capital

SEPTEMBER 29, 2021

And the mechanism behind it is if I have an offer that is accepted as a Ribbon-backed offer, I go to closing and if for some reason the lender is unable to finance the mortgage on time, we’ll step in, we’ll buy the home on behalf of the consumer. Sellers always prefer a cash offer over a mortgage-backed offer.

Sellers 69

Sellers Agents Real Estate Buyers 69

Will Springer Realtor

MAY 12, 2021

Home prices are overheating, mortgage rates are inching up from the start of the year and the supply of homes is in an unseasonable valley – far from its Mt. Today, 37% of all buyers are Millennials and they comprise about 54% of all mortgage applications. An insurance company offered a good example of just how bad it has gotten.

Real Estate 36

Real Estate Inventory Buyers Construction 36