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FHA amends identifier requirement for lenders, other entities seeking government business

Housing Wire

The Federal Housing Administration (FHA) this week published a mortgagee letter (ML) amending a 2022 requirement for mortgage lenders, and anyone seeking to do business with FHA, to obtain a Unique Entity Identifier (UEI) in order to be eligible for such business. The GSA is a wing of the U.S. The rule is effective immediately.

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Cloze, marketing platform MAXA Designs announce integration

Inman

Cloze, a provider of artificial intelligence driven solutions for business development and growth, has formed an agreement with marketing technology company MAXA Designs.

Design 148
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Zonda announces major business acquisition

Housing Wire

By extension, Zonda also acquired NewHomeSource.com , one of the largest listings platforms for newly constructed homes, and Envision , a new home design platform. Zonda , one of the leading data providers in the homebuilding industry, has acquired Builders Digital Experience (BDX), the company announced on Wednesday.

Business 433
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Opinion: Reformed FHA program will offer lenders new business opportunities

Housing Wire

New changes from the Federal Housing Administration (FHA) and Ginnie Mae , which insure and guarantee loans, could help open an untapped market for lenders looking to expand their businesses and improve access to credit for buyers of manufactured homes. For lenders, the market offers the prospect of a new and growing line of business.

Business 446
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FOA closes on sale of Incenter’s title businesses

Housing Wire

Finance of America (FOA) announced Thursday that its indirect subsidiary Incenter closed the sale of its title insurance businesses. The company previously announced that it would be selling its title insurance businesses in early February.

Business 370
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First Community Mortgage selects Blue Sage platform to scale business

Housing Wire

We think that part of the reason why the system is able to help Andy attract loan officers is the fact that they get this portal designed for how they do their job.” “In many systems, loan officers have to live in the same system as the back-office personnel and not have a system that’s optimized for their role,” Aach said. “We

Business 417
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UBS to close business in U.S. mortgage trading unit

Housing Wire

Swiss bank UBS Group AG plans to wind down a business in its US mortgage unit that focuses on “to-be-announced” (TBA) trading, Bloomberg reported late last week. We are fully committed to our lending business, which supports independent mortgage originators,” UBS spokesperson Erica Chase told Bloomberg in an email.

Business 395