Housing Wire

SEPTEMBER 27, 2022

The workforce reduction came from its Des Moines, Clive, Ankeny and West Des Moines offices, according to a WARN notice filed in the Iowa Workforce Development. ” The latest layoff announcement from the country’s second-largest lender comes amid faltering home lending business. billion in revenue from home lending.

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Lending Finance Development Business 347

Simonson Real Estate

AUGUST 24, 2020

It was here that I had the opportunity to moderate the Banking and Construction Lending Update discussion with Patricia Gnetz of U.S. Based on lender interviews and market reports, appetite for lending on each of the property types generally falls into in the following ranking (in order of best to worst). We had a great discussion!

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Lending Construction Tenants Real Estate 148

Appraisal Buzz

APRIL 15, 2024

Using the form structure, GSEs have been ingesting these eclectic abbreviations to develop a large database of residential valuation. Appraisers will be presented with the data elements needed to report the characteristics of the subject property, and analyze the market, comparables, and other necessary parts of the appraisal process.

Appraisal 397

Appraisal Design Lending Technology 397

Housing Wire

APRIL 25, 2024

The reverse lending industry’s most prominent attendee — Kristen Sieffert of Finance of America Companies (FOA), parent company of industry-leading lender Finance of America Reverse (FAR) — offered insights into various topics about the reverse mortgage product category.

Mortgage 296

Mortgage Finance Real Estate Best Value 296

Housing Wire

FEBRUARY 2, 2022

Jamie Thornton, director of online mortgage lending at Real Genius, said in a statement that the company has “invested a significant amount of time and resources” into developing technology for customers. Since 2016, we’ve helped more than 51,000 families with their mortgage needs, lending more than $15 billion,” said Thornton.

Mortgage 300

Mortgage Technology Lending Modernization 300

Housing Wire

FEBRUARY 27, 2024

Rebecca Anderson, senior vice president of strategic communications and public relations at loanDepot, wrote to HousingWire that the company “enjoys a long history of attracting and developing top-notch talent and “we thank Mosi for her many contributions to loanDepot and wish her the best in the next chapter of her career.”

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Loan Officers Development Mortgage Real Estate 390

Housing Wire

APRIL 20, 2022

A Department of Veterans Affairs lending program for Native American veterans has been severely underutilized, a government watchdog found. The GAO said that the VA lacked the staff to run the lending program and failed to inform communities that it exists. Presented by: Salesforce. from 2012 to 2021.

Government 529

Government Lending Development Legal 529

Housing Wire

NOVEMBER 2, 2023

There is also growing demand for non-QM products from a banking sector that is taking note, presenting new opportunities where some banks see the need to sell loans they would traditionally hold as portfolio products. Our client development team spends a lot of time at conference forums and in retail branches educating loan officers.

Investors 386

Investors Real Estate Lending Loan Officers 386

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. Presented by: Sagent Lending Technologies.

Technology 364

Technology Lending Investors Modernization 364

Housing Wire

JUNE 1, 2021

Housing and Urban Development Secretary Marcia Fudge joined Biden to mark the 100th year since a white mob killed hundreds of Black residents of the Greenwood District. How hybrid title and valuations help increase lending efficiency. Presented by: Altisource. Streamline by combining services.

Renovations 502

Renovations Development Investors Legal 502

Housing Wire

JULY 22, 2022

“Personal loans are a really smart way for customers to reduce the cost of high-interest credit card debt or to help finance unexpected purchases,” said Anand Cavale, executive vice president and head of unsecured lending product at Guaranteed Rate. Presented by: CreditXpert.

Mortgage 370

Mortgage Lending Finance Retail 370

Housing Wire

MAY 23, 2023

It’s a problem, it’s real, it’s documentable,” said Shannon Johnson, Touchless Lending product manager at Tavant. At Tavant , they’re taking a look at the past and present of appraisals to prepare for a better future. To learn more about Tavant’s Touchless Lending platform, click here.

Technology 344

Technology Appraisal Lending Valuation 344

Housing Wire

SEPTEMBER 10, 2021

Wells Fargo has been slapped with a $250 million civil money penalty by the Office of the Comptroller of the Currency for “unsafe or unsound practices” pertaining to their home lending loss mitigation program this week. As the housing market changes, so does lending fraud. Presented by: First American Data & Analytics.

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Lending Housing Market Retail Mortgage 450

Housing Wire

NOVEMBER 2, 2022

As a part of NAMB’s 50th anniversary, the organization also entered into a partnership with Freddie Mac for a professional development program focusing on young leaders in the mortgage industry over the next year. Presented by: Grid 151. NAMB and Freddie Mac will host events across the U.S. the newly appointed board president of NAMB.

Tools 366

Tools Mortgage Lending Technology 366

McKissock

MARCH 28, 2023

In times like the present when the housing market is slow, you can help your appraisal business thrive by offering additional services beyond mortgage lending appraisals. What are some specific types of non-lending assignments that might be worth adding to your workload this year? Read the full survey results below. We do that.

Lending 99

Lending Appraisal Property Taxes Training 99

Housing Wire

OCTOBER 11, 2022

The funds will be utilized to finance its lending product, CryptoMortgage. Founded in 2022 by Aaron Nevin and Tristan Marino, Moon Mortgage was the product of the founders’ advocacy for crypto and their frustrations with the lack of its applications in digital asset lending. The post Crypto outfit Moon Mortgage raises $3.5M

Mortgage 361

Mortgage Investors Investing Lending 361

Housing Wire

JULY 25, 2022

Pink slips will arrive for 58 employees working in the mortgage business at Texana Bank in California, according to a Worker Adjustment Retraining Notification (WARN) sent to the state’s Employment Development Department. Presented by: HCL America. 5, according to the document reviewed by HousingWire.

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Human Resources Loan Officers Construction Mortgage 346

Housing Wire

MAY 17, 2022

With NGC’s acquisition of Inco-Check, the company aims to enhance loan quality and prevent fraud in a competitive mortgage and consumer lending market, Inco-Check said. Presented by: DataVerify . Terms of the deal were not disclosed. Lenders, are you prepared for 2022’s challenges? Berkery Noyes & Co.

Logistics 309

Logistics Legal Investors Technology 309

Housing Wire

MARCH 25, 2021

Clients include Credit Union of Colorado , Texas Lending and JMAC Lending. Increasing lending and servicing capacity – regardless of mortgage rates. Presented by: Sutherland. Maxwell will use the additional capital to accelerate product development, market penetration, and product and engineering recruitment.

Mortgage 381

Mortgage Lending Technology Loan Officers 381

Housing Wire

NOVEMBER 7, 2022

Athas Capital has been credited for “pioneering the re-birth of ‘sane’ subprime lending,” according to the company website. In light of this, HousingWire recently caught up with Teraverde’s Rob Peterson to learn more about what lenders need to succeed in today’s lending environment.

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Lending Investors Business Mortgage 421

Housing Wire

MARCH 25, 2022

California-based Pennymac Financial Services will lay off more than two hundred employees in the coming months, according to notices sent to the state’s Employment Development Department on March 7. Presented by: Acra Lending. Pennymac has said it is making an effort to boost its consumer direct lending business.

Project Management 381

Project Management Lending Business Technology 381

Appraisal Buzz

MAY 31, 2022

As we all know, the home valuation is an integral part of the lending process that helps Americans in their journey to homeownership. This series of articles explores the role of appraisal review processes in the risk system in the format of mortgage lending for 1-4 family real estate. The Appraisal Review.

Real Estate 221

Real Estate Lending Valuation Appraisal 221

Housing Wire

MARCH 16, 2022

Roostify, a mortgage technology provider, will integrate the solution to its digital home lending platform. Parvesh Sahi, senior vice president of business and client development at ICE Mortgage Technology, said that lenders will have a true digital experience that provides efficiency, speed, and cost savings. Presented by: Notarize.

Technology 327

Technology Real Estate Agent Loan Officers Lending 327

Housing Wire

AUGUST 16, 2023

HousingWire: 2023 has been rough for mortgage lending with mortgage applications down around 60%, what is CreditXpert seeing from a demand side when it comes to credit inquiries? Through these tight partnerships, we are constantly developing and bringing new solutions to market. What is your take on these changes?

Inventory 324

Inventory Lending Mortgage Insurance 324

Housing Wire

MARCH 8, 2021

Despite the increased pace, the industry as a whole still has room for continued tech development and usage. HousingWire: Why do you feel it is important to continually develop and use new technologies? Renata Sheyner : Two key industry factors drive the need for continual use and development of new technologies.

Technology 317

Technology Lending Loan Officers Development 317

Housing Wire

DECEMBER 16, 2021

Here’s a look at a lending technology that can help forge a pathway for underserved populations to build generational wealth through homeownership. Presented by: Equifax. For those in marginalized communities, it can be much more challenging to achieve the American dream of homeownership.

Mortgage 497

Mortgage Lending Technology Development 497

Housing Wire

SEPTEMBER 8, 2021

Meanwhile, trade groups, such as the Mortgage Bankers Association and the American Bankers Association , criticized the rule for setting overly complicated data reporting requirements that would inevitably present challenges for banks. The post OCC moves to rescind 2020 version of CRA rule appeared first on HousingWire.

Modernization 343

Modernization Insurance Lending Development 343

Housing Wire

AUGUST 18, 2021

The firm promised to automate much of the underwriting process by making income, asset and lending decisions. Presented by: CoreLogic. The company plans to develop automated appraisals in the first quarter of 2022 and is looking at automating title insurance processes, too. Shortly thereafter, Candor emerged.

Mortgage 398

Mortgage Technology Clients Development 398

Housing Wire

MAY 19, 2022

HousingWire recently spoke with Jon Irvine, Chief Production Officer at Change Lending, about how brokers can gain a new competitive advantage in the current tight market. What challenges does this present to brokers? To stay ahead, brokers must find a lending partner that understands just how beneficial this is.

Marketing 396

Marketing Lending Inventory Mortgage 396

Housing Wire

MARCH 22, 2023

Recent developments are likely to result in tighter credit conditions for households and businesses and to weigh on economic activity, hiring, and inflation. The Fed, of course, based its decision to hike 25 bps largely on the cooling – but still present – inflation data. “The U.S. banking system is sound and resilient.

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Lending Housing Market Mortgage Marketing 379

Housing Wire

JULY 15, 2021

As part of Davis’ roadmap, advisors worked with her to help her develop a financial plan. But with HomeFree-USA and Citi by her side, she faced each challenge head-on with a supportive lending partner that helped minimize fallout. Sponsored content presented by Citibank, N.A. I’d do it again in a heartbeat.”. NMLS #412915.

Clients 392

Clients Development Lending Inspection 392

Housing Wire

FEBRUARY 11, 2022

Cooper , one of the nation’s top servicers, and Sagent, a loan servicing software developer, announced on Friday that they will join forces to create a cloud-native servicing platform. In an earnings presentation on Friday, Mr. Cooper reported $155 million in net income in the fourth quarter, down 48.2% sequentially from Q3.

Development 331

Development Technology Mortgage Marketing 331

Housing Wire

FEBRUARY 3, 2021

A Chicago-area real estate developer and two mortgage professionals participated in a mortgage fraud scheme that defrauded banks out of at least $3 million, the U.S. Presented by: FundingShield. Attorney’s Office in Chicago said Tuesday. Mortgage fraud threats have greatly increased since the COVID-19 pandemic began.

Mortgage 358

Mortgage Government Real Estate Development 358

Housing Wire

MAY 23, 2022

In his new role, Hogle will manage the firm’s retail operations, overseeing growth and development of retail sales and the production network, while supporting the firm’s business channels. Hogle has more than 20 years of experience, including about 15 years with Supreme Lending. Presented by: Evocalize.

Mortgage 363

Mortgage Retail Insurance Development 363

Housing Wire

AUGUST 30, 2022

While the lending industry has traditionally seen a measured and conservative approach to technological evolution, we are finding that many “strategic” decisions are made during these relative lulls in production. We have also seen large multi-channel lenders reducing their risk footprint in wholesale and correspondent lending.

Tools 391

Tools Lending Technology Valuation 391

Housing Wire

FEBRUARY 17, 2021

The resolution planning requires each enterprise to begin developing a plan “to resolve its business in the event the Enterprise were to be placed in receivership, also known as a ‘living will.’ Non-QM lending is poised for growth in 2021. Presented by: Angel Oak.

Finance 404

Finance Lending Business Technology 404

Housing Wire

DECEMBER 10, 2020

Presented by: Maxwell. Low-code development is the future of lending, as companies opt for a simple, seamless digitized solution that maximizes speed and flexibility over big-budget monolithic loan origination systems,” he said in a statement. The tech solution giving community lenders an advantage.

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Technology Real Estate Agent Development Lending 327