Housing Wire

AUGUST 11, 2022

In a move the Federal Housing Finance Agency said will bolster sustainability and equity, servicers for federally backed loans will obtain and maintain fair lending data. The data will stay with the loan throughout the mortgage term, regardless of whether the servicing rights change hands. What will servicing look like in 2022?

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Lending Finance Loan Officers Legal 340

Housing Wire

NOVEMBER 7, 2023

loanDepot has appointed David Smith to the newly-created position of vice president of national VA lending, the company announced on Monday. In this role, Smith, a former Army sergeant, will oversee the lender’s VA lending strategy. The appointment supports the company’s Vision 2025 plan , the company said.

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Lending Real Estate Agent Real Estate Training 278

Housing Wire

JUNE 23, 2023

HousingWire reached out to 2019 HW Insiders honoree Jemma Pachiano , chief innovation officer at Legend Lending. Pachiano shared an update on her career, industry insights on digitization and advice for anyone entering the mortgage industry. In January of 2021 I was promoted to chief operating officer of Mid America Mortgage, Inc.

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Lending Retail Technology Mortgage 303

Housing Wire

JUNE 23, 2023

HousingWire reached out to 2019 HW Insiders honoree Jemma Pachiano , chief inspiration officer at Legend Lending. Pachiano shared an update on her career, industry insights on digitization and advice for anyone entering the mortgage industry. In January of 2021 I was promoted to chief operating officer of Mid America Mortgage, Inc.

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Appraisal Buzz

JUNE 7, 2021

Certain states require AMC staff to receive training to ensure they understand valuation independence regulations as well as other statutory requirements. Our free webinar, “ Components of AMC Training ” will be held on June 10th at 2 pm with Josh Walitt as the host. Buzz : Why do AMCs need the training?

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Training Reconsideration of Value Valuation Clients 366

Housing Wire

JANUARY 27, 2023

California-based retail lender JVM Lending plans to drum up business this year — but by doing the exact opposite. After the 2008 mortgage meltdown, JVM let go of all its loan originators and trained its employees to target the jumbo loan market in the San Francisco Bay area instead.

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Lending Real Estate Agent Loan Officers Retail 355

Housing Wire

MARCH 27, 2024

New York-based multichannel lender US Mortgage Corporation is expanding its efforts in the reverse mortgage space, illustrating its focus on growth. The company recently hired reverse mortgage industry veteran Ken Krajewski to serve as its managing director and head of reverse mortgage lending.

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Business Mortgage Loan Officers Training 360

Housing Wire

FEBRUARY 16, 2024

Cautious optimism is prevalent in the mortgage industry for 2024 as industry professionals anticipate the recovery of lost origination volume. We’re utilizing the latest technology to do that with video and making the training much more engaging than they were back in the Loan Toolbox days.”

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Mortgage Marketing Loan Officers Training 358

Housing Wire

FEBRUARY 8, 2023

Homelendia Mortgage LLC, a Florida-based mortgage brokerage franchisor, launched its mortgage brokerage franchises this week, offering individual unit and regional opportunities to qualified individuals, teams, brokerages and loan originators. That changes now,” Homelendia CEO Frank Chimento said in a press release.

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Brokerage Mortgage Training Lending 321

Housing Wire

JANUARY 13, 2023

Wisconsin-based mortgage lender Waterstone Mortgage Corp. In addition, he will work with other teams to lead cross training and improve communication with both internal and external customers. In addition, he will work with other teams to lead cross training and improve communication with both internal and external customers.

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Mortgage Lending Training Development 350

Housing Wire

JULY 11, 2022

In light of that, HW Media CEO Clayton Collins recently sat down with Tom Hutchens, EVP of Production at Angel Oak Mortgage Solutions , to talk all things non-QM lending. . While there are logistical learning curves, the main thing Hutchens highlights as a challenge is preconceived – and misinformed – ideas of what non-QM lending is.

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Lending Logistics Training Mortgage 325

Housing Wire

JUNE 5, 2023

HousingWire recently spoke with Desmond Smith , chief growth officer at United Wholesale Mortgage , about the role that wholesale lending plays in the mortgage ecosystem and common myths and misconceptions about becoming an independent mortgage broker. HW: How has wholesale changed over the past 2–3 years?

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Mortgage Retail Lending Loan Officers 337

Housing Wire

FEBRUARY 21, 2024

Many analysts who cover the mortgage industry believe that the worst of the current cycle may be in the rearview mirror. In 2022 and 2023, quickly rising mortgage rates and shrinking volumes sent shockwaves through the industry and prompted massive job cutbacks. According to data from the U.S.

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Housing Market Mortgage Marketing Real Estate 307

Housing Wire

JANUARY 18, 2023

Columbus, Ohio-headquartered lender Lower rolled out mortgage as a service platform that enables consumer finance, banking and real estate companies to offer its mortgage products. . iBuyer Opendoor is Lower’s first mortgage platform customer, which Snyder said will help the platform expand its reach. . population.

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Mortgage Lending Finance Retail 332

Housing Wire

FEBRUARY 4, 2021

The average mortgage rate for a 30-year fixed loan remained unchanged last week from the week prior at 2.73%, according to Freddie Mac ’s Primary Mortgage Market Survey. With mortgage rates hovering below 3% for over six months now, Sam Khater, Freddie Mac’s chief economist, said this may be a sign of an economy still struggling.

Mortgage 541

Mortgage Lending Training Inventory 541

Housing Wire

AUGUST 8, 2022

HousingWire recently spoke with John Jeanmonod, Regional Vice President of Sales at Angel Oak, about non-QM lending and the outlook for the second half of 2022. We have been out educating the mortgage industry on what non-QM is and how to utilize it since we were founded. They can help with how to market outside of normal channels.

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Lending Loan Officers Training Investors 325

Housing Wire

APRIL 5, 2024

mortgage industry recently had to remind itself of this fact when a CNN analysis found that the nation’s largest credit union, Navy Federal, has the widest disparity in mortgage approval rates between white and black borrowers of any major lender. Is the mortgage industry offering fair access to loans?

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Mortgage Lending Buyers Property Management 319

Housing Wire

JUNE 2, 2022

Movement Mortgage will pay $75,000 to resolve allegations of racial discrimination, in violation of the Fair Housing Act, identified by undercover testers from the National Community Reinvestment Coalition. ” NCRC had previously provided training to Movement Mortgage, at the lender’s request, in 2019.

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Mortgage Training Loan Officers Lending 356

Housing Wire

SEPTEMBER 16, 2022

Looking for a quick and easy way to stay up-to-date on mortgage lending news, trends and technology? Podcasts are a great resource for mortgage professionals to continue learning, with shows covering industry updates, business advice and the experiences of other pros in the mortgage industry. Mortgage Marketing Radio.

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Loan Officers Mortgage Lending Modernization 404

Housing Wire

OCTOBER 15, 2021

Home lending proptech Roostify is releasing the “first of many” APIs on its existing lending platform built to automate document validation and data extraction in the lending process. Even in its relatively early stages of training the AI models, it is already turning out FI scores between 0.83

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Lending Development Training Mortgage 278

Housing Wire

MARCH 12, 2024

Department of Housing and Urban Development (HUD) are a few key priorities related to the Federal Housing Administration (FHA) and its Home Equity Conversion Mortgage (HECM) program. Of that total, $220 billion is estimated for standard forward mortgages and $17.9 Within the congressional justifications for the U.S.

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Mortgage Insurance Training Government 320

Housing Wire

FEBRUARY 29, 2024

Mortgage lenders are offering discounts on loan pricing to capture borrowers. Another loan closing today is for a real estate agent who is an investor and has done many mortgages in the past. I feel she’s going to know what the national average (for a 30-year fixed mortgage rate) is at around 6.8%. She’s well educated.

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Loan Officers Mortgage Lending Real Estate Agent 357

Housing Wire

FEBRUARY 15, 2023

Larry Steinway, former senior vice president of lending and branch manager at Illinois-based Guaranteed Rate , has taken on a new challenge to expand the Ohio-based Revolution Mortgage footprint in the Chicagoland market. It’s a different approach to lending.

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Mortgage Loan Officers Lending Retail 329

Housing Wire

NOVEMBER 17, 2022

Wisconsin-based mortgage lender Waterstone Mortgage Corporation appointed Chik Quintans its new director of digital marketing, the company announced Thursday. Quintans’ professional career spans more than two decades in mortgage lending. In 2021, he was a mortgage banker at USA Mortgage.

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Mortgage Marketing Training Design 344

Housing Wire

FEBRUARY 28, 2024

Tom Davis, chief sales officer, Deephaven Mortgage Today’s market means that more borrowers have higher debt-to-income ratios, limited access to credit and are looking for alternative ways to get qualified for a mortgage. Often, traditional mortgage products don’t meet their needs.

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Mortgage Investors Real Estate Business 334

Housing Wire

JULY 26, 2023

The Consumer Financial Protection Bureau (CFPB) found that mortgage lenders violated the Equal Credit Opportunity Act (ECOA) and its implementing rule, Regulation B, in a variety of ways, according to the most recent release of its Supervisory Highlights report.

Mortgage 338

Mortgage Loan Officers Lending Training 338

Appraisal Buzz

JULY 9, 2021

As organizations scrambled to meet the demands presented by the marketplace over the past year, AXIS Lending Academy opened its doors to provide training for those interested in a career in the mortgage profession. . The post Expert Insights: Paul Gigliotti, President, AXIS Lending Academy appeared first on theMReport.com.

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Lending Training Appraisal Mortgage 195

Housing Wire

DECEMBER 29, 2023

After nearly two years of trudging through a frozen housing market , the consensus among mortgage professionals is that the worst of it is over. The spread between the 30-year fixed-rate mortgage and the 10-year Treasury yield has narrowed after sitting at over 300 basis points, compared to the historic norm of 150 bps.

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Mortgage Loan Officers Inventory Business 437

Valuation Review

MAY 24, 2021

AXIS Lending Academy, a non-profit education program that offers free hybrid education training to people seeking a career in the mortgage industry, announced the formal launch of its operations. Read on to learn more details.

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Training Lending Mortgage 60

Housing Wire

MAY 13, 2024

Chicago -based mortgage lender Guaranteed Rate rolled out the second wave of its Community Engagement Initiative, the company announced on Monday. Guaranteed Rate offers the opportunity to access the entire mortgage process — including application, document processing, and touch points throughout the loan funding cycle — in Spanish.

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Training Design Lending Mortgage 287

Housing Wire

FEBRUARY 20, 2024

Several historic events over the past few years have brought seismic changes to the way the mortgage lending industry operates. Today, as we face what appears to be the beginning of a modest recovery in the marketplace, we can see the effect of those events in the way mortgage lending has changed forever.

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Loan Officers Technology Lending Tools 349

Housing Wire

MARCH 28, 2024

A race is a useful analog for the mortgage business, especially as it relates to the refinance business. Anticipating the start of the refi race When mortgage rates finally rose above their historically low levels, the mortgage refinance business started to dry up. Today, he consults in the mortgage industry.

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Mortgage Technology Tools Business 395

Housing Wire

MARCH 5, 2024

Mortgage assumption is a niche option that gained momentum in 2023. An assumable mortgage enables a qualified buyer to take over a seller’s mortgage terms, including the existing balance and interest rate. trillion in mortgages were originated in 2020 and 2021, the Mortgage Bankers Association (MBA) reported.

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Mortgage Buyers Agents Real Estate Agent 385

Housing Wire

AUGUST 31, 2020

Indecomm approaches automation by looking at practical applications for the technology across the entire mortgage lifecycle, using a framework called the automation continuum for mortgages. State of Mortgage Automation. Indecomm’s Automation Continuum. That is where supervised automation comes in.”.

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Lending Technology Tools Training 403

Housing Wire

JULY 25, 2022

The national mortgage delinquency rate rose in June after hitting consecutive record lows in each of the previous three months. million properties were in early-stage delinquencies, defined as borrowers who missed a single mortgage payment, which is a 5% increase from May. A total of 1.51 A total of 1.51 Presented by: Selene Finance.

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Mortgage Training Inventory Lending 347

Housing Wire

JUNE 6, 2022

It’s a tough time for mortgage lenders. A rapid rise in mortgage rates and a big drop in origination volume has led to thousands of industry job losses over the last six months. Nonbank lenders such as Pennymac , Mr. Cooper , loanDepot , Guaranteed Rate , Fairway Independent Mortgage , Interfirst Mortgage Co.,

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Mortgage Loan Officers Lending Human Resources 407

Housing Wire

AUGUST 3, 2021

Rocket Companies , parent of Rocket Mortgage , has its eyes on the solar energy industry, announcing this week that it will enter the green energy game by 2022. PACE programs are also not regulated as heavily as other financial services, including mortgage lending. “We have a significant portfolio of clients, roughly 2.5

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Mortgage Clients Lending Technology 389