Appraisal Buzz

MAY 6, 2024

Does the cost of homeowners insurance affect the price of a home? In recent years, insurance companies have pulled out of some markets altogether after sustaining massive losses due to wildfires, flooding, and other climate-related disasters. In some markets, the answer is increasingly yes.

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HOA Insurance Legal Fees Valuation 370

Housing Wire

JULY 28, 2023

Through partnerships with Bubble Insurance Solutions and New American Funding , real estate agents at The Agency will have access to mortgage lending services and insurance services for their clients. The affiliation will provide The Agency’s agents with access to Bubble Insurance’s insurance coverage for their clients.

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Housing Wire

MAY 15, 2024

Former Ginnie Mae President Ted Tozer previously floated a plan in which there would be “debt guarantee for a Ginnie Mae issuer, collateralized by assets insured or guaranteed by a federal mortgage program agency.” CHLA added in a statement that the release of these recommendations is designed to coincide with relevant news.

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Housing Wire

MARCH 13, 2023

The Federal Deposit Insurance Corporation (FDIC) has named former Fannie Mae CEO and Blend president Tim Mayopoulos as CEO of Silicon Valley Bank N.A. , Treasury and introducing new technologies to the housing finance system. Founded in 1983, SVB specialized in banking for tech startups, providing financing for almost half of U.S.

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Insurance Government Design Finance 372

Housing Wire

JUNE 30, 2023

The goal of the increase is to “enable a greater number of transactions to use standard underwriting processes when submitted for FHA Multifamily insurance,” the agency said. Anything we can do to prudently alleviate extra steps in obtaining FHA insurance will help all of us meet the housing supply challenges before us.”

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Housing Wire

JANUARY 31, 2024

This is according to experts who spoke to personal finance website Bankrate about the concept of taking on a new mortgage in retirement. Reverse mortgage industry advocates say that this helps insulate retirement resources from traditional mortgage payments. 30-year mortgages were never meant to be for them.

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Property Taxes Mortgage Design Finance 374

Housing Wire

JUNE 1, 2023

Six federal agencies have requested comment from the public on a newly-proposed rule that is designed to “ensure the credibility and integrity of models used in real estate valuations.” And the design and development of the models and algorithms can reflect the biases and blind spots of the developers.”

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Housing Wire

MARCH 28, 2024

The result is that safe and affordable financing is out of reach for tens of thousands of credit-ready homebuyers looking to purchase a manufactured home. Demand for home-only financing is strong; in 2019, there were more than 200,000 home-only loan applications. Yet help might be on the way.

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Housing Wire

MARCH 1, 2023

And yes, this certainly has had an impact on insurance companies from coast to coast, as we’ve seen insurers retreat en masse from states such as California , Florida , and Texas , which have all seen record losses in recent years from wildfires, earthquakes, hurricanes, severe winter storms, sinkholes, and more.

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Housing Wire

JANUARY 10, 2024

Sue Haviland has also joined the division as a loan officer, coming off of a roughly three-year stint as Finance of America Reverse (FAR)’s national sales trainer in learning and development. Obviously we have a forward lending division, we have the reverse mortgage lending division and a commercial panel, as well as an insurance company.

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Mortgage Lending Loan Officers Design 406

Appraisal Buzz

NOVEMBER 3, 2021

Lender and servicer Guild Mortgage has introduced a new mortgage option designed to make it easier for medical professionals to buy their first home.

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Mortgage Design Insurance Finance 360

Housing Wire

MARCH 8, 2024

Although commercial mortgage debt is propelling these concerns, the possibility of failure for a federally insured bank has implications for the residential mortgage sector. According to the Federal Deposit Insurance Corp. FDIC), banks held $2.78 trillion in residential mortgage debt as of first-quarter 2023.

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Housing Wire

JANUARY 12, 2024

A proprietary reverse mortgage from Finance of America Companies (FOA) now secures the home of Rhode Island ’s honorary historian laureate after the property was returned to the owner after attempts to bequeath it to a nonprofit historical society he founded. This is according to reporting from The Providence Journal.

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Tools Mortgage Finance Lending 376

Housing Wire

SEPTEMBER 23, 2020

There’s a mainstay in mortgage finance poised to help in working from home. The Federal Housing Administration’s 203(k) rehabilitation mortgage insurance program is designed for borrowers to renovate when they purchase or refinance.

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Renovations Insurance Home Improvement Design 543

Housing Wire

MARCH 17, 2023

The firm’s automated underwriting tech is designed to augment human underwriters’ capabilities, allowing underwriters to handle more loans. The company had plans to develop automated appraisals as well as title insurance processes. In August 2021, Candor raised $12.5 million in Series A funding, led by Arthur Ventures.

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Mortgage Clients Technology Development 338

Appraisal Buzz

MARCH 21, 2024

As a result, TMC’s members will have access to SmartBuy, a proprietary suite of down payment assistance (DPA) loan programs offered by Click n’ Close designed to give homebuyers an advantage in today’s heightened mortgage interest rate environment. billion in DPA-related financing.

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Mortgage Design Insurance Finance 195

Housing Wire

NOVEMBER 30, 2023

The 203(k) Rehabilitation Mortgage Insurance Program helps borrowers purchase a home or refinance an existing mortgage and includes the cost of repairs or rehabilitation into one new mortgage. Also, in the limited program, the FHA proposes that consultant fees be included in the financed mortgage, as it is permissible in the standard version.

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Architecture Renovations Inspection Finance 425

Housing Wire

APRIL 29, 2024

The action is designed to inform consumers about the potential pros and cons of taking out these loans, according to an announcement issued by Attorney General Dana Nessel’s office on Monday. “A The attorney general of Michigan has re-released a consumer alert about the reverse mortgage product category during financial literacy month.

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Housing Wire

JANUARY 11, 2024

CoreLogic has debuted a new security solution for multiple listing services designed to reduce the risk of cybersecurity threats. In late 2023, title insurance companies First American and Fidelity National Financial suffered cyberattacks. Recent cybersecurity incidents in the industry underscore the vulnerability to cyber threats.

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Design Insurance Mortgage Finance 361

Housing Wire

NOVEMBER 7, 2023

VA loans offer a 100% financing option for qualifying military service members and veterans, and don’t require mortgage insurance. These clients are typically low on funds, which is why they need this type of financing. Potter added: “Government lending would come to a halt.

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Housing Wire

JUNE 12, 2023

Designed by project management professionals who sought a comprehensive digital solution for their homes, HomeZada offers a suite of apps that schedule maintenance and repairs, streamline remodeling projects, document inventory for insurance purposes, and manage all associated home finances.

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Eppraisal

SEPTEMBER 5, 2023

When purchasing a home and applying for a mortgage, many borrowers are confronted with the dreaded Private Mortgage Insurance (PMI) requirement. This creative financing technique can save you from PMI while potentially offering a lower overall interest rate on the second mortgage compared to PMI premiums.

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Insurance Mortgage Design Finance 69

Housing Wire

JUNE 21, 2023

Earlier this month, that coalition of six federal agencies requested comment from the public on a newly-proposed rule that is designed to “ensure the credibility and integrity of models used in real estate valuations.” The Agencies expect to issue a proposed rule to implement the Dodd-Frank Act’s AVM amendments to FIRREA in June 2023.”

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Valuation Finance Legal Development 320

Housing Wire

MAY 26, 2022

A spokesperson from Department of Housing and Urban Development’s Office of Inspector General said that the loans funded were FHA-insured loans. She allegedly created phony prepaid debit card statements designed to serve as records of the borrowers withdrawing the monthly child support payments.

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Loan Officers Clients Design Insurance 404

Housing Wire

MAY 26, 2021

After reading the recent report from the Federal Housing Finance Agency on the performance of Fannie Mae and Freddie Mac’ s credit risk transfer programs, anyone unfamiliar with the purposes of CRT might understandably conclude that the GSEs vastly overpaid capital market investors and insurance providers to transfer credit risk off their books.

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Insurance Investors Design Finance 302

Housing Wire

JULY 19, 2022

The lender’s 30-year crypto mortgage is designed to make it easy for investors to use their digital holdings to acquire homes in the U.S. Milo also offers a tech-enabled non-crypto mortgage product that serves U.S. and foreign nationals who want to purchase a home in the U.S., or pursue refinancing.

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Mortgage Design Insurance Lending 416

Housing Wire

MARCH 3, 2022

. “Whether it is a natural disaster, a job loss, or an illness, forbearance is wildly effective,” John Lawrence, executive vice president of the Texas-based servicer Selene Finance , said last week during the Mortgage Bankers Association (MBA) Servicing Conference in Orlando. So, it may start to come down. As of December 31, 1.3%

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Insurance Finance Government Mortgage 365

Housing Wire

FEBRUARY 22, 2022

Federal finance and housing regulators today issued a statement to assure lenders they are on the same page when it comes to special purpose credit programs. Lenders are left to their own devices to design the programs, based on guidelines from the CFPB, and hope they get it right.

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Lending Development Finance Law 326

Housing Wire

AUGUST 22, 2023

On June 1 , six federal agencies requested comments from the public on a rule designed to ensure the credibility and integrity of models used in real estate valuations. the trade groups state. Department of the Treasury ; and the Federal Reserve System.

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Valuation Appraisal Government Real Estate 366

Assurance Financial

JULY 20, 2023

Fortunately, 100% financing options are available for home loans that may allow you to purchase a home with no money down. If you are looking for a home loan with 100% financing, meaning a home loan that doesn’t require a down payment, we cover what you need to know. What Is a 100% Financing Home Loan?

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Finance Government Design Insurance 36

Housing Wire

APRIL 26, 2023

.; Northern Virginia and Maryland (DMV) area; the city and county of Baltimore; Fairfield County, Connecticut; the Hawaiian Islands of Honolulu, Maui, Hawaii and Kauai; and Houston and Laredo, Texas, will retain their GTO designation. real estate market to launder money.

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Real Estate Law Realtors Finance 307

Housing Wire

DECEMBER 24, 2020

Porch, a home services marketplace with partners in insurance, utilities, home inspection and moving, plans to use the cash to pursue acquisitions to seize the opportunity in real estate. acquisitions, divestitures and financings) of the Company.” They’ll also focus on the home insurance industry.

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Housing Wire

DECEMBER 18, 2020

Here’s what you need to know about financing that purchase. A conventional loan is a smart way to finance an income-earning property. Since FHA loans are designed for primary residences only, you’ll need to live in the home for at least a year before renting it out. Are you thinking of buying a house to rent out on Airbnb?

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HOA Finance Investing Loan Officers 457

Housing Wire

OCTOBER 5, 2023

These [rated offerings] can start to bring in investors like insurance companies, money managers with mutual funds that have ratings constraints, investment banks … [and more], which will provide better financing on rated bonds.” billion, according to offering documents. housing supply will sustain elevated home prices,” he added.

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Housing Market Marketing Contracts Finance 396

Housing Wire

AUGUST 1, 2023

The private New York-based company, founded in 2008, manages third-party capital on behalf of insurance companies, pension funds, hedge funds and other investors. “We We continue to see significant volumes of MSRs trading in the marketplace with attractive yields.

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Investors Design Insurance Investing 370

Eppraisal

JULY 7, 2023

In this final installment of our three-part series, we will explore government-insured mortgage loans. What are Government-Insured Mortgage Loans? Government-insured mortgage loans are mortgages that are backed by government agencies, providing lenders with an added layer of protection against borrower default.

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Government Insurance Mortgage Design 36

Housing Wire

JUNE 24, 2021

Panelists: Bill Dallas, President, Finance of America Courtney Graham, Chief Marketing Officer Princeton Mortgage Alcynna Lloyd, Digital Media Manager, HousingWire. Panelists: Mike Eshelman, Head of Consumer Finance, Jornaya Sarah Wheeler, Editor in Chief, HousingWire. Winning in a red-hot purchase market. Sponsored by: Watch Now.

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