Housing Wire

MAY 20, 2021

Black Knight reported the vast majority of those in this serious delinquency category are in some form of forbearance, putting the end of Q3 and beginning of Q4 as an inflection point in terms of understanding how things may shake out in a post-forbearance world. Presented by: Move Sales.

Mortgage 490

Mortgage Real Estate Agent Inventory Real Estate 490

Housing Wire

MAY 17, 2023

“If we’re at historic refinance lows and if we’re at secular purchase lows, you largely can paint a picture over the coming years that we’ll see both of those expand. That’s always relevant day in and day out to 2 million Rocket Money clients. That is coming out. A credit card is always relevant.

Marketing 319

Marketing Clients Mortgage Business 319

Housing Wire

DECEMBER 22, 2021

HousingWire: What has been one of your biggest learning opportunities? Shant Banosian: I think 2020 was a huge learning opportunity not just for myself and my team, but for the industry. Exurbs (areas a little further out than the suburbs): We started seeing a rise in home prices here as buyers got priced out of the suburbs.

Clients 326

Clients Technology Tools Business 326

Housing Wire

AUGUST 30, 2021

Refinances also saw a surge. A shift in household economics strained finances, so lower interest rates and cash-outs became attractive. Following the lead of telemedicine and district-wide online classrooms, other professionals who never thought their business could transfer to video learning found a way.

Real Estate 380

Real Estate Technology Business Buyers 380

Housing Wire

AUGUST 8, 2022

Our company was born out of the financial crisis to provide non-QM loan solutions for underserved borrowers such as self-employed. We have been out educating the mortgage industry on what non-QM is and how to utilize it since we were founded. However, people are still buying homes and homeowners are getting cash-out refis.

Lending 350

Lending Loan Officers Training Investors 350

Housing Wire

MARCH 2, 2021

It’s the fifth SPAC carried out by Capitol. The transaction is expected to provide up to $645 million in cash proceeds and a fully committed private investment in public equity (PIPE) of $300 million. Up to $345 million of cash will be held in Capitol’s trust account.

Insurance 320

Insurance Real Estate Investing Finance 320

Housing Wire

DECEMBER 3, 2021

HousingWire: What has been one of your biggest learning opportunities? Reina Ramos: My biggest learning opportunities were working for both large and small institutions. Having previously worked for a small community bank, it was like drinking out of a fire hose. The good news is that there’s a lot of cash in the market.

Inventory 383

Inventory Loan Officers Clients Mortgage 383

Housing Wire

MARCH 4, 2022

HousingWire: What has been your biggest learning opportunity? Max Simkoff: A person I worked with early in my career, Greg Richards – who is now CEO at strategy consulting firm Keystone – helped me learn a lot about instilling responsibility in those who are most capable, regardless of their experience. Max Simkoff: Keep going.

Real Estate 367

Real Estate Technology Insurance Buyers 367

Housing Wire

NOVEMBER 2, 2023

The company doesn’t break out purchase business versus refinancings in its earnings reports, but it said it “gained purchase market share.” The Detroit-based lender closed the third quarter with $1 billion cash on hand. The company produced $10.3 billion the previous quarter. billion from $8.6

Technology 411

Technology Tools Business Mortgage 411

Appraisal Buzz

JULY 13, 2022

“Reimagining the appraisal process has long been a goal for many, and I’m excited that our ability to create a property’s 3D Digital Twin will be used to benefit both cash-out refinance sellers as well as borrowers,” said Asteroom’s CEO & Co-Founder Eric Tsai. About Asteroom Inc.:

Real Estate Agent 195

Real Estate Agent Technology Real Estate Appraisal Process 195

Housing Wire

APRIL 7, 2022

In 2008, as the financial crisis was unfolding, he landed a job at secretive big data startup Palantir , where he learned that the $10 trillion mortgage industry was still in the Stone Age technologically. We’re about to find out. The firm’s net cash loss from financing activities grew more than 80-fold to $633.9

Mortgage 372

Mortgage Technology Clients Insurance 372

Housing Wire

JANUARY 12, 2022

The mortgage industry is coming out of back-to-back amazing years, and while 2022 still holds great opportunity for the industry, it also signals a pivot point for market participants. We’ve worked closely with our partners to understand what they need and have designed technology enhancements that will roll out in phases during 2022.

Technology 350

Technology Clients Investing Contracts 350

Housing Wire

JULY 12, 2022

John Bell, deputy director at the VA, said the agency has made strides in recent years to get loans processed and out the door in a timely manner. John Bell : We have been trying to get the word out about improvements to our program and trying to get this message to the right people at the right time. How is the VA addressing this?

Modernization 352

Modernization Appraisal Process Appraisal Training 352

Clear Capital

APRIL 1, 2024

According to CNBC , American homeowners have a combined total equity of nearly $30 trillion — roughly $200,000 of cash for each owner-occupied home in the U.S. Home equity lenders provide an option for their clients to convert their growing equity back into debt for cash. What can customers do with home equity loans?

Lending 36

Lending Valuation Home Value Design 36

Housing Wire

MARCH 11, 2022

In relation other top 10 reverse mortgage lenders, Fairway stands out by making a concerted effort to cultivate more H4P business in an environment where many other reverse mortgage companies have spent much of the past 12-18 months focused on HECM-to-HECM (H2H) refinances, according to data compiled by Reverse Market Insight ( RMI ).

Business 344

Business Real Estate Agent Real Estate Loan Officers 344

Housing Wire

APRIL 18, 2023

The refinance wave of 2020 and 2021 made clear that the various leaks and clogs in the operational process can grease the skids toward leaving money on the table. To find out, we polled dozens of mortgage lenders in 2022 and compiled the results. Finally, we know that the average time to close remains above 50 days.

Mortgage 358

Mortgage Technology Business Investing 358

Housing Wire

JULY 14, 2022

“Yet, with all the economic pressures facing older Americans this year, reverse continues to stand out as a really elegant solution for them. HousingWire reached out to Sieffert for an update on market conditions in the world of reverse and to learn more about the role leadership plays within FAR’s company culture.

Mortgage 343

Mortgage Business Lending Marketing 343

Housing Wire

MARCH 23, 2021

The COVID-19 pandemic, coupled with skyrocketing refinance applications due to a low interest rate environment, have created a perfect storm for fraud. However, the real prize, for some, was not the cash made by originating loans but rather the value of the private, personal information stored in companies’ systems. across U.S.

Lending 423

Lending Mortgage Sellers Development 423

Assurance Financial

MAY 10, 2022

You have a guaranteed vacation spot each year and can rent the house out to bring in some extra income. You can rent the home out to others when you’re not using it. Renting the property out can help you cover the cost of the mortgage or give you a little extra spending money. Can You Rent Out the Home?

Property Taxes 74

Property Taxes Mortgage Finance Property Management 74

McKissock

OCTOBER 17, 2021

Cap rate assumes you pay cash. Enroll in Real Estate Investing: Beyond the Basics to learn about other, more reliable ways to determine the investment value—and optimal price—of a rental property. What if you can’t pay cash? The big guys: The insurance companies and pension funds, because they most often pay all cash.

Investing 85

Investing Real Estate Finance Valuation 85

Clear Capital

JULY 27, 2023

Demand for home equity loans has risen significantly over the last year as an alternative to cash out refinances and with homeowners looking to take advantage of historic levels of equity in their properties. HELOCs allow homeowners to tap into the equity in their homes as a source of cash without the need to refinance.

Home Value 69

Home Value Valuation Mortgage Real Estate 69

Housing Wire

AUGUST 7, 2020

As record-low interest rates drive a refinance boom and spikes in mortgage applications, many businesses are adjusting to the present market. We’re really starting to see a shift from the idea of growing at all costs, to the idea of focusing on how to scale that growth upward,” said Katy Lyman, director of product management at Total Expert.

Technology 373

Technology Tools Loan Officers Business 373

Housing Wire

OCTOBER 21, 2022

We also learned some lessons that could come in handy this time around. With that in mind, here are a few tactics that I and my partners learned as we adapted to the market meltdown of the late 2000s. The brand damage, in many cases, was enough to drive those firms out of business altogether. But it never hurts to be prepared.

Marketing 252

Marketing Business Agents Investing 252

Appraisal Hub

JANUARY 6, 2021

Do you need to learn your home’s real market value? Knowing the actual market value of your home can be practical in different situations, such as when buying or selling, applying for a home equity loan, refinancing, or when verifying if your property can serve as collateral for cash or a small business loan.

Appraisal 78

Appraisal Property Appraisal Inspection Market Value 78

Cleveland Appraisal Blog

AUGUST 20, 2021

If you’re not an appraiser, if you are trying to figure out the value of a home, chances are good that you use a price per square foot metric. If I was selling my home and found out that I could have sold it for $28,000 more than I did, I would not be a happy camper. I appraised a home last year, for a refinance.

Appraisal 418

Appraisal Market Value Contracts Agents 418

Listing Spark

FEBRUARY 24, 2023

Maximizing Returns with Real Estate Investment: An Interview with Ryan Jones Summary Aaron Jistel and Ryan Jones discuss the current real estate market, loan products for investors, cash out rule changes from Fannie Mae, debt service coverage ratio loans, interest rates, and home equity lines of credit.

Real Estate 36

Real Estate Investing Investors Finance 36

PennyMac

SEPTEMBER 16, 2021

Highlights: The Adverse Market Refinance Fee explained. The Adverse Market Refinance Fee is eliminated. Why it’s an ideal time to refinance. What Is the Adverse Market Refinance Fee? 05% Adverse Market Refinance Fee was a fee added to refinanced mortgages backed by government agencies in 2020. Ready to Refinance?

Marketing 36

Marketing Loan Officers Finance Government 36

Housing Wire

FEBRUARY 21, 2023

How do we get clients directly to reach out to us? Learn quickly. Despite much of the talk out there, buyers are not coming back until home values come down dramatically – you probably won’t see a tremendous pickup. The company paid $1.275 billion in cash for the app in December 2021. That was new back then.

Clients 289

Clients Mortgage Business Home Value 289

Appraisal Buzz

OCTOBER 25, 2021

We learned a lot during this pandemic because we had to improvise, but now that we can look back at the data, we can see how successful it was. She talked about how most of the accusations of racial bias are on cash out refinances, but not all. Appraisal Technology was front and center at this show.

Technology 150

Technology Appraisal Inspection Appraisal Process 150

PennyMac

FEBRUARY 12, 2021

However, before we dive into the pros and cons of refinancing from an FHA to conventional loan, it’s important to learn the basics of these mortgage insurance premiums and costs. *. Can You Refinance an FHA Loan? You can refinance an FHA loan to a conventional loan, but you’ll need to meet minimum requirements.

Insurance 59

Insurance Loan Officers Finance Mortgage 59

Quicken Loans

SEPTEMBER 8, 2021

After all, refinances typically take a month or two to complete, and delays in getting your lender the information they need from you can stretch that timeline even further. What documents are needed for a mortgage refinance? Refinance Documents Checklist. Documents Needed For Signing At Mortgage Refinance Closing.

Mortgage 63

Mortgage Insurance Investing Government 63

Housing Wire

MARCH 21, 2022

Although it might be their dream to sell, title business owners cashing in on the decades of blood, sweat and tears they spent building their businesses often face challenges. As you begin to flesh out your objectives, it’s never too early to start collecting information. Consider, for example, the source of your target leads.

Business 329

Business Sellers Buyers Valuation 329

Raleigh Realty

MARCH 29, 2021

Income limitations or frequent moves can make homeownership seem out of reach - that's what we are here for To help make your home purchase easy and successful. You can rent the home out to tenants who pay your mortgage and bills while you continue to build your asset. As another benefit, you may be able to cash out some equity.

Government 148

Government Real Estate Agent Insurance Property Taxes 148

PennyMac

SEPTEMBER 26, 2022

Set yourself up for success by putting some time (and a little cash) aside to clean up your household act before the harsh weather sets in. Overlooking windows — Be sure to check out door and window frames for damage or gaps that can result in air leakage. He points out that driveway sealing is often a DIY job.

Lending 68

Lending Home Improvement Agents Buyers 68

Assurance Financial

MARCH 2, 2021

The guide below will lay out some of the pros and cons to help you make sure you’re refinancing your home for the right reasons. Should You Refinance Your Home? Whether or not to refinance your home is a big decision. Is it good or bad to refinance your home? Reasons Not to Refinance Your Home.

Investing 69

Investing Mortgage Home Value Marketing 69

Cleveland Appraisal Blog

AUGUST 20, 2021

If you’re not an appraiser, if you are trying to figure out the value of a home, chances are good that you use a price per square foot metric. If I was selling my home and found out that I could have sold it for $28,000 more than I did, I would not be a happy camper. I appraised a home last year, for a refinance.

Appraisal 263

Appraisal Market Value Contracts Agents 263

PennyMac

APRIL 5, 2023

Can be arranged for both purchases and limited cash-out refinances. Whether you’re buying a new home or doing a limited cash-out refinance and replacing your current mortgage with a new, slightly larger mortgage, you may qualify for a temporary interest rate buydown. Potential tax write-off.

Mortgage 36

Mortgage Sellers Buyers Insurance 36