Housing Wire

MAY 5, 2022

That’s partly because, according to a joint notice of proposed rulemaking from bank regulators on Thursday, banks’ performance would be judged by where they lend, not just where they have branches. Honestly we don’t know if that is coming or not,” said Ricard Pochkanawala, senior policy council at the Center for Responsible Lending.

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Modernization Lending Retail Law 351

Housing Wire

SEPTEMBER 30, 2020

Technology has made many aspects of day-to-day life more seamless than ever, with instant, easy and personalized consumer experiences; however, lending is still difficult. The Origence Mortgage Platform is an end-to-end lending platform that puts the power of modern technology in lenders’ hands, enabling them to close more loans, faster.

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Lending Modernization Mortgage Technology 196

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.”.

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Mortgage Technology Lending Modernization 296

Housing Wire

MARCH 7, 2024

Department of Housing and Urban Development (HUD). This includes a strain on resources brought about by the assumption of a sizable portfolio of reverse mortgage-backed securities following the bankruptcy of a major lender in the space in 2022. It allocates $450 billion in funding for several departments, including the U.S.

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Government Transportation Development Modernization 333

Housing Wire

JANUARY 12, 2023

Black Knight recently launched a web portal that enables clients, third-party providers and their developers to access the company’s application programming interfaces (APIs) across the mortgage life cycle. Black Knight is preparing to be acquired by ICE, the other mortgage tech giant in the data space.

Mortgage 290

Mortgage Clients Tools Development 290

Housing Wire

MARCH 29, 2022

Modern financial data aggregation makes it possible for VOA providers to furnish as much as two years of asset history in a single payload. Thanks to the mortgage industry’s rapidly evolving understanding of the power of asset data, the answer is a resounding “yes.” Department of Veterans Affairs (VA), U.S.

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Lending Modernization Construction Government 304

Housing Wire

MARCH 25, 2021

Digital mortgage and fulfillment platform Maxwell has raised $16.3 Other investors included Rotor Capital , The Mortgage Collaborative Emerging Technology Fund , Prudence Holdings and existing investors including Anthemis Group , Route 66 Ventures , and Sovereign’s Capital. mortgage market. Presented by: Sutherland.

Mortgage 378

Mortgage Lending Technology Loan Officers 378

Appraisal Buzz

APRIL 2, 2024

Thomas Gallucci has joined Xactus , a provider of borrower verification solutions for the mortgage industry, as executive vice president, strategic sales. Gallucci has nearly 20 years of financial services and mortgage industry experience, fostering business relationships and leading sales efforts.

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Modernization Training Development Business 195

Housing Wire

OCTOBER 24, 2023

The Office of the Comptroller of the Currency , the Federal Reserve Board and the Federal Deposit Insurance Corporation issued on Tuesday a new rule to modernize the 1977 Community Reinvestment Act (CRA), which addresses systemic inequalities in access to credit. Barrs, Fed vice chair for supervision, said in a statement.

Retail 319

Retail Law Modernization Lending 319

Housing Wire

MAY 23, 2022

The legislation would modernize the Department of Veteran Affairs ‘ appraisal requirements by allowing desktop appraisals, and in some circumstances, waving appraisals all together. The Mortgage Bankers Association supports the legislation. Currently, all VA appraisals must be performed in-house. Sponsored Video.

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Law Appraisal Modernization Appraisal Process 393

Housing Wire

JUNE 22, 2022

Emanuel Cleaver of Missouri asked the Government Accountability Office (GAO) to review the OCC’s fair lending oversight. The GAO also tracked the number of fair lending examinations the OCC performs each year, finding they have dropped off significantly since 2018. Democratic lawmakers Rep. Joyce Beatty of Ohio, Rep.

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Lending Training Government Modernization 374

Housing Wire

MARCH 8, 2023

District Court for the Southern District of Ohio last month, alleged that Park National failed to provide mortgage lending services by redlining majority-Black and Hispanic neighborhoods in the Columbus area from at least 2015 to 2021. The complaint, filed in federal court in the U.S.

Advertising 307

Advertising Lending Modernization Investing 307

Housing Wire

AUGUST 17, 2021

For better or worse, trends in the mortgage industry tend to mirror corresponding trends in the overall real estate market. In addition, a vast majority of people spent more time at home in 2020 than ever before in modern history. In turn, mortgage companies need to get with the times, implement technology and improve efficiency.

Mortgage 506

Mortgage Inventory Real Estate Technology 506

Housing Wire

OCTOBER 1, 2022

The complaint filed in federal court on Wednesday alleges that from at least 2015 to 2021, Lakeland failed to provide mortgage lending services to Black and Hispanic neighborhoods in Newark. million consent order with Trident Mortgage Co., Attorney General Merrick Garland said in a statement.

Law 378

Law Loan Officers Lending Advertising 378

Housing Wire

OCTOBER 28, 2022

Speakers: Haley Parker, Area Business Development Manager, Fairway Independent Mortgage Corporation Arjun Dhingra, Sales and Business Development, All Western Mortgage Doug Wilber, CEO, Denim Social Chelsea Peitz, Founder, Chelsea Peitz Consulting. 03 Marketing Leaders Success Summit: The Future of Marketing.

Lending 367

Lending Development Finance Technology 367

Housing Wire

AUGUST 1, 2023

From leading mortgage companies and real estate firms to spearheading groundbreaking initiatives and driving policy reforms, these honorees are making an indelible impact on housing.

Real Estate 370

Real Estate Realty Lending Mortgage 370

Housing Wire

SEPTEMBER 8, 2021

According to the OCC, the current proposal would align the OCC’s CRA rules with the other federal banking agencies to “facilitate ongoing interagency work to modernize the CRA rules and create consistency for all insured depository institutions.”. In turn, the new rule was picked apart by fair housing advocates and the mortgage industry.

Modernization 339

Modernization Insurance Lending Development 339

Housing Wire

NOVEMBER 8, 2021

While the total number of reverse mortgage industry professionals present at HW Annual in Frisco, Tex. Kathryn Amor, chief product officer at Finance of America Companies, spoke during the event’s mortgage purchase market panel about what Finance of America Reverse (FAR) beings to the table for the larger parent company.

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Finance Mortgage Lending Development 310

Housing Wire

MAY 24, 2021

Our first goal was to make mortgage lending easier and more accessible, but we’ve been intentional in recognizing that our technology can be used to facilitate so much more, including commercial lending, servicing, foreclosure and more,” Ligris said. How modernized servicing creates customers for life.

Technology 360

Technology Lending Investors Modernization 360

Housing Wire

OCTOBER 6, 2020

Talk to any mortgage technologist about the future of the industry and two topics will emerge immediately: big data and smarter automation. Joe Camerieri, EVP Mortgage Cadence. Today, while the mortgage industry has the technology to support this, we’re still in the early stages of determining how it should be used.

Technology 441

Technology Mortgage Investors Investing 441

Appraisal Buzz

APRIL 15, 2024

UAD originated in 2010 and since then we appraisers are accustomed to using codes like “C4,” “N;Res,” and “1200sf0sfin” in our mortgage appraisal reports to communicate the results of our analysis. It all starts with the standard appraisal forms used in the mortgage process. But we are still stuck with the “form” functionality.

Appraisal 397

Appraisal Design Lending Technology 397

Housing Wire

APRIL 12, 2021

After speaking with several other female mortgage executives in celebration of International Women’s Day, I wanted to take the opportunity to highlight a few women leaders who are making waves. Susan Stewart , CEO at SWBC Mortgage Corporation , is the current Chair of the Mortgage Bankers Association.

Mortgage 441

Mortgage Business Lending Finance 441

Housing Wire

JUNE 9, 2021

He’s right and we disagree with the Community Home Lenders Association ’s assertion that such an affirmative obligation should not also extend to independent mortgage companies. Bank CRA obligations cover far more than their mortgage lending.

Lending 431

Lending Development Government Finance 431

Housing Wire

MAY 16, 2022

One measure would expand existing federal subsidies for multifamily housing development. Another would hand out federal tax credits for developing or rehabbing homes for owner-occupants instead of large investors, making available 125,000 homes for low- and middle-income homebuyers. To do so, it first needs FHFA’s approval.

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Supply Chain Finance Development Renovations 353

Housing Wire

JUNE 30, 2021

The wholesale channel will continue to grow as more retail originators and borrowers learn the benefits of working with a mortgage broker. United Wholesale Mortgage (UWM) is solely focused on growing the wholesale channel and helping independent brokers thrive. “At 1 wholesale mortgage lender in the nation for six years running.

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Tools Training Technology Clients 302

Housing Wire

SEPTEMBER 30, 2020

In recent months, Mortgage Cadence clients have been able to quickly pivot to a remote-work model without missing a beat using its end-to-end digital lending solution, the Mortgage Cadence Platform (MCP). Lenders are able to scale and leverage new features and capabilities quickly.

Architecture 210

Architecture Mortgage Lending Tools 210

Appraisal Buzz

NOVEMBER 3, 2021

The Collateral Risk Network (CRN) announced today its formal endorsement of the gross living area measuring standard developed by the National Association of Home Builders (NAHB). As the appraisal process is undergoing major shifts towards modernization and new levels of automation, this void was ripe for a solution.

Valuation 370

Valuation Development Technology Appraisal 370

Housing Wire

FEBRUARY 10, 2022

Reverse mortgage software solutions and loan origination system (LOS) provider ReverseVision announced on Thursday morning that it has been acquired by a division of Toronto-based Constellation Software , a holding company that bought another mortgage LOS in 2019. Leadership at Constellation Mortgage Services, Inc.

Development 337

Development Modernization Technology Mortgage 337

Housing Wire

SEPTEMBER 18, 2020

As lenders continue to adjust to a new normal, the pivotal role of technology has become increasingly clear in maximizing productivity and keeping lending pipelines flowing. HousingWire reached out to Chandler to discuss how COVID-19 has propelled a much-needed modernization among lenders. What are some examples of these strategies?

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Business Lending Technology Clients 397

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.

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Insurance Modernization Lending Mortgage 340

Appraisal Buzz

SEPTEMBER 5, 2022

It took several years to re-establish effective and meaningful communication between appraisers and their lending partners. When it comes to lending activity, appraisal revisions have always been a part of the appraisal process. Appraisal Modernization. Complexity in Process and Properties. Is there room for more improvement?

Appraisal 281

Appraisal Modernization Appraisal Process Technology 281

Housing Wire

MAY 8, 2023

For those in the mortgage space, there are a myriad of technology solutions claiming to help streamline lending operations and improve efficiency. Lenders and title and settlement providers are trying to reach the same outcome — a frictionless mortgage closing process.

Technology 327

Technology Design Lending Business 327

Housing Wire

SEPTEMBER 21, 2021

The module can also accept appraisals for Home Equity Conversion Mortgages (HECMs), the administration announced last week. The announcement comes after more than a year’s worth of efforts by the FHA to streamline and modernize their FHA loan origination and claims process. Learn more here! Presented by: iEmergent.

Appraisal 422

Appraisal Modernization Property Appraisal Design 422

Housing Wire

AUGUST 7, 2023

Real estate still relies on a “system” unable to integrate production across the silos of media, brokerage, lending, insurance and trading. Technology hasn’t been the barrier since 1998 when Equifax, and later other firms, developed systems to secure complex, multi-party transactions over the Internet.

Real Estate 331

Real Estate Supply Chain Architecture Brokerage 331

Housing Wire

JUNE 8, 2022

“We look forward to working with the enterprises, lenders, and other housing industry participants to further develop the ideas described in these plans.”. Both plans rely heavily on special purpose credit programs , which allow lenders to target lending to protected classes without violating the Equal Credit Opportunity Act. . “A

Development 316

Development Finance Government Lending 316

Clear Capital

FEBRUARY 2, 2022

It’s an exciting time in the mortgage industry, especially for appraisals. Over the past few years, leading companies from across the industry have modernized and transformed how appraisals are manufactured to streamline the lending process and improve the borrower’s experience. What are the benefits of 1004 Desktop appraisals?

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Modernization Appraisal Appraisal Process Inspection 69

Housing Wire

JANUARY 27, 2022

alleging that the bank carried out redlining in its mortgage lending practices. The complaint alleged that Old National Bank structured its business to avoid extending mortgage credit to Black residents and neighborhoods in the Indianapolis area, and that the bank made many fewer loans to Black applicants than its peers did.

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Advertising Modernization Retail Development 357