Housing Wire

APRIL 5, 2022

But what does virtual real estate mean for real-world mortgage professionals? Is there demand for “mortgages” to buy virtual real estate in the Metaverse? 500 million in Metaverse purchases in 2021 says that, yes, the demand is there. However, to call it a “mortgage” in the traditional sense may be incorrect, for now.

Real Estate 527

Real Estate Mortgage Property Taxes Law 527

Housing Wire

NOVEMBER 4, 2022

There has been a flurry of recent articles prognosticating a decrease to Federal Housing Administration (FHA) insurance premiums. Several trade groups including the Mortgage Bankers Association have corresponded with the HUD Secretary in support of cuts. At least 137,000 of those borrowers have FHA-insured loans.

Insurance 325

Insurance Mortgage Development Valuation 325

Housing Wire

FEBRUARY 3, 2021

In a bid to aid borrowers, the Department of Housing and Urban Development announced on Wednesday a series of temporary waivers that will allow servicers to use alternative methods when servicing FHA -insured forward and reverse mortgages. Strategies retail lenders should adopt from D2C lending. Click the headline to register.

Mortgage 437

Mortgage Insurance Lending Retail 437

Housing Wire

MARCH 12, 2024

Department of Housing and Urban Development (HUD) are a few key priorities related to the Federal Housing Administration (FHA) and its Home Equity Conversion Mortgage (HECM) program. Of that total, $220 billion is estimated for standard forward mortgages and $17.9 Within the congressional justifications for the U.S.

Mortgage 325

Mortgage Insurance Training Government 325

Housing Wire

JUNE 1, 2021

These 50 young disruptors come from all sectors of housing – mortgage, real estate, fintech, servicing and more – and pushed beyond the challenges the year brought. And thanks to their dedication, hard work and drive, the housing sector is more prepared than ever before to successfully navigate 2021 and beyond. Sierra Pacific Mortgage.

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Retail Lending Loan Officers Finance 385

Housing Wire

JUNE 24, 2021

In 2021, all housing professionals must be focused on the 3 P’s: Process, Profitability and Purchase. PPP may have meant something different in 2020, but this year the 3 P’s are the guiding light to long-term mortgage success and domination. The Pulse of Consumer Shopping Behavior: Mortgage Purchase, Refi & More.

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Loan Officers Lending Finance Business 279

Housing Wire

JULY 1, 2021

When mortgage and acquisition activity picked up, marketers created new brand unity between companies. They were there, in the middle of everything, to make sure that brand loyalty would last well beyond 2021. First Guaranty Mortgage Corporation. Princeton Mortgage. A&D Mortgage. Mortgage Capital Trading.

Marketing 344

Marketing Advertising Real Estate Technology 344

Housing Wire

JANUARY 18, 2022

Milo , a Miami-based digital lender, will soon offer a crypto mortgage to clients with digital assets. If a client qualifies, they will receive a low interest rate 30-year crypto mortgage, the company said. And unlike conventional mortgages, there are no down payment requirements.

Mortgage 477

Mortgage Clients Real Estate Technology 477

Housing Wire

NOVEMBER 8, 2022

Publicly traded lending software firm MeridianLink has acquired OpenClose , a fintech company that specializes in residential mortgage software solutions for banks, credit unions and mortgage lenders. How mortgage lenders are qualifying the value of fintech solutions. Presented by: Total Expert.

Mortgage 360

Mortgage Lending Technology Insurance 360

Housing Wire

FEBRUARY 21, 2024

Many analysts who cover the mortgage industry believe that the worst of the current cycle may be in the rearview mirror. In 2022 and 2023, quickly rising mortgage rates and shrinking volumes sent shockwaves through the industry and prompted massive job cutbacks. According to data from the U.S.

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Housing Market Mortgage Marketing Real Estate 311

Housing Wire

DECEMBER 1, 2022

Sales Boomerang and Mortgage Coach announced an API integration between Mortgage Coach and SaaS technology provider Polly on Thursday. Now, lenders can merge the benefits of our high-performance PPE with Mortgage Coach’s ability to multiply borrower conversion,” said Adam Carmel, founder and CEO of Polly, in a statement.

Mortgage 367

Mortgage Technology Investing Design 367

Housing Wire

JANUARY 15, 2021

SoFi co-founder Mike Cagney’s latest digital mortgage operation Figure Lending closed on a $100 million funding facility from JPMorgan Chase this week. In a statement, Figure said the $100 million loan facility represents another push toward growth in mortgage lending. How 2020 continues to impact mortgage closings.

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Lending Technology Finance Insurance 247

Housing Wire

APRIL 10, 2023

After four years of Congress hiking Veterans Administration (VA) so-called “Bluewater Navy” mortgage loan fees as an offset to pay for other critical veterans’ benefits, Congress has finally let those excessive VA mortgage loan fees expire. Mortgage loan fees should not be higher than needed to safely run government-backed lending.

Mortgage 389

Mortgage Insurance Buyers Government 389

Housing Wire

MARCH 17, 2023

a mortgage artificial intelligence firm focused on automated mortgage underwriting decisions, has conducted layoffs as lenders rush to cut costs. Candor is executing a change in strategy to address the ever-changing mortgage market and to pivot along with client operations,” Tom Showalter, CEO of Candor , said in an e-mailed response.

Mortgage 311

Mortgage Clients Technology Development 311

Housing Wire

FEBRUARY 14, 2024

Since the Federal Deposit Insurance Corporation (FDIC) insures only up $250,000, the banks’ wealthier customers panicked and demanded all of their money immediately. Moody’s also downgraded NYCB subsidiary Flagstar Bank , through which the bank originates residential mortgages. ” Days later on Feb.

Mortgage 369

Mortgage Real Estate Insurance Tenants 369

Housing Wire

AUGUST 17, 2022

The Community Home Lenders Association and the Community Mortgage Lenders of America , two Washington, D.C. lobby groups representing smaller mortgage lenders, will join forces. The groups have been aligned on calling on the Federal Housing Administration to lower its mortgage insurance premiums. Steve Preston.

Mortgage 339

Mortgage Lending Insurance Government 339

Housing Wire

JUNE 6, 2022

It’s a tough time for mortgage lenders. A rapid rise in mortgage rates and a big drop in origination volume has led to thousands of industry job losses over the last six months. By some estimates, origination volume will fall in 2022 to about $2 trillion, about half the volume from the record-breaking years of 2021 and 2020.

Mortgage 409

Mortgage Loan Officers Lending Human Resources 409

Housing Wire

OCTOBER 4, 2022

The Federal Housing Administration (FHA) on Tuesday issued a request for feedback from the public on how it can increase access to small balance mortgages through its single-family mortgage insurance programs. Due to high fixed origination costs, many mortgage lenders shy away from offering mortgages under $150,000.

Mortgage 331

Mortgage Government Lending Finance 331

Housing Wire

MAY 23, 2022

Full-service lender Cherry Creek Mortgage announced Rick Hogle has joined the company as its chief revenue officer. Hogle has more than 20 years of experience, including about 15 years with Supreme Lending. Hogle began his mortgage career in 2001 at New Century Mortgage , where he became a branch manager.

Mortgage 352

Mortgage Retail Insurance Development 352

Housing Wire

SEPTEMBER 1, 2021

United Wholesale Mortgage. First Guaranty Mortgage Corporation. First American Mortgage Solutions. DHI Mortgage Company. American Mortgage Network. First Community Mortgage. President of Residential Servicing and Correspondent Lending. Freedom Mortgage. Academy Mortgage Corporation.

Technology 295

Technology Human Resources Finance Retail 295

Housing Wire

MARCH 20, 2023

mortgage lender owned by New York Community Bancorp, announced on Sunday that it has assumed most deposits and acquired certain assets, business lines and liabilities of Signature Bridge Bank, N.A. from the Federal Deposit Insurance Corporation (FDIC). Flagstar Bank , a top-20 U.S. New York Community Bancorp announced a $2.6

Lending 345

Lending Insurance Real Estate Finance 345

Housing Wire

APRIL 4, 2023

Add Moon Mortgage to the list of fintechs offering crypto-backed mortgages. Since 2021, other fintechs have launched crypto mortgage products, including Toronto-based Ledn and Miami-based Milo. Moon’s crypto mortgage product has a minimum loan amount of $1 million. .” Six months after raising $3.5

Mortgage 334

Mortgage Investors Retail Investing 334

Housing Wire

DECEMBER 29, 2021

One of our big goals at Blueprint Title is to shrink the title insurance business from an $18 billion business to a $10 billion business,” Berneman, the company co-founder and CEO. “We share of the market controlled by small, independent title insurance companies. of the market, should be too concerned about the rise of the little guy.

Insurance 302

Insurance Real Estate Technology Business 302

Housing Wire

AUGUST 1, 2023

Stavvy , a fintech company specializing in digital and remote collaboration for lending and real estate companies, acquired Brace , a digital mortgage servicing platform. Founded in 2018 , Stavvy works to increase efficiency and transparency in real estate and mortgage lending. Terms of the deal were not announced.

Real Estate 311

Real Estate Lending Technology Investing 311

Housing Wire

AUGUST 16, 2022

s mortgage business has been the subject of industry speculation in the wake of a Bloomberg report indicating that the lending giant plans to shrink its enormous mortgage footprint , including a likely pull-back from the correspondent lending business. The fate of Wells Fargo & Co. ’s Presented by: Reggora.

Mortgage 363

Mortgage Lending Business Insurance 363

Housing Wire

JANUARY 26, 2022

Polly, a software-as-service mortgage-technology firm that operates a loan-trading platform , has raised $37 million through a new funding round, its third since launching in 2019 — bringing the total raised from investors to $57 million. Building the next generation of tech: Three ways to digitize home lending.

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Modernization Mortgage Lending Investors 311

Housing Wire

JULY 7, 2022

Instead, the agency will focus on better identifying mortgage-ready applicants, and helping other borrowers become mortgage-ready, said Malloy Evans, single-family senior vice president at Fannie Mae. Another cornerstone of Fannie Mae’s equity plan is the use of targeted lending programs.

Lending 389

Lending Insurance Development Mortgage 389

Housing Wire

NOVEMBER 10, 2022

Mortgage lenders have imposed new rounds of layoffs in the fourth quarter, reflecting a dreadful landscape for originators. . This week, the latest Freddie Mac weekly survey data showed that the 30-year fixed-rate mortgage increased to 7.08%, up 13 basis points compared to last week. Rates averaged 2.98% this time last year. “As

Mortgage 358

Mortgage Loan Officers Lending Business 358

Housing Wire

AUGUST 14, 2023

Though its overall mortgage strategy has apparently not changed, Rocket Mortgage is undoubtedly ramping up its initiative to hire local loan officers to win purchase business. Kostegian added that about 5,000 approved insurance agents can also originate a mortgage with Rocket, Lazerson wrote.

Loan Officers 336

Loan Officers Mortgage Real Estate Agent Real Estate 336

Housing Wire

SEPTEMBER 25, 2023

Data provider Curinos partnered with Polly , a software-as-service mortgage technology firm, aimed to support lenders’ effective margin decisions. Founded in 2021, Curinos provides data, technologies and insights for financial institutions.

Technology 286

Technology Insurance Mortgage Lending 286

Housing Wire

JULY 19, 2022

Fannie Mae and Freddie Mac ’s regulator imagines a future where, perhaps through artificial intelligence and machine learning, errors in mortgages are identified in real time before a loan is closed. billion in 2021, up from $0.4 billion in 2021, up from $0.4 How mortgage lenders are qualifying the value of fintech solutions.

Mortgage 342

Mortgage Finance Technology Legal 342

Housing Wire

JUNE 8, 2021

The HW Insiders program is for the operational all-stars within the housing economy who do the leg work and make the mortgage industry tick, but rarely get the credit. The post The 2021 HW Insiders Nominations are now open! Under Bremer’s supervision, CoreLogic has automated 94% of its core flood determination service. .

Real Estate 217

Real Estate Development Insurance Government 217

Housing Wire

JANUARY 3, 2022

Per the report , between October to December 2021, median home prices in 440 of the 575 counties analyzed by the data vendor saw notable home-price growth. The data vendor also noted that in the third quarter of 2021 , 428 counties from the same data set were labeled as less affordable, up from 224 counties in the fourth quarter of 2020.

Property Taxes 532

Property Taxes Lending Housing Market Insurance 532

Housing Wire

DECEMBER 14, 2022

Mortgage Insurers (USMI), the association that represents the nation’s leading private mortgage insurance companies, announced on Wednesday that it has named Seth Appleton, current president of the Mortgage Industry Standards Maintenance Organization (MISMO), as USMI’s new president.

Insurance 339

Insurance Finance Inventory Mortgage 339

Housing Wire

APRIL 29, 2022

While other “big four” title insurers discussed the “transitional period” in the housing market during their first quarter 2022 earnings calls with investors, Old Republic International Corp. ’s million the firm recorded during the first quarter of 2021. As expected, the firm’s title insurance segment did not have the greatest quarter.

Insurance 353

Insurance Investors Housing Market Law 353

Housing Wire

SEPTEMBER 9, 2021

The average 30-year fixed-rate mortgage was stagnant at 2.88% for the week ending Sept. 9, according to mortgage rates data released Thursday by Freddie Mac ‘s PMMS. The week prior , mortgage rates also held steady at 2.87%. A year ago at this time, the 30-year fixed-rate mortgage averaged 2.86%.

Mortgage 463

Mortgage Home Value Valuation Inventory 463

Housing Wire

JANUARY 13, 2022

Another large mortgage-servicing rights bulk offering is on the market this week on the heels of a $10 billion MSR package that went out to bid earlier this month. . The latest deal is being marketed by New York-based Mortgage Industry Advisory Corp. , It is a $6.23 billion bulk-sale offering of agency MSRs, with bids due by Jan.

Mortgage 353

Mortgage Marketing Sellers Insurance 353