Housing Wire

JANUARY 19, 2024

The DOJ alleged that from 2015 through at least 2020, Patriot avoided providing mortgage services to majority- Black and Hispanic neighborhoods in Memphis, Tennessee and discouraged people seeking credit in those communities from obtaining home loans. Tennessee-based community bank Patriot Bank agreed to pay $1.9

Loan Officers 424

Loan Officers Lending Advertising Home Improvement 424

Appraisal Buzz

MARCH 29, 2024

Dovenmuehle Mortgage reports that Moody’s Investors Service has affirmed its servicer quality (SQ) assessment as a servicer of prime residential mortgage loans at SQ2-. Dovenmuehle says the assessment underscores its exceptional capabilities across various key areas of mortgage servicing.

Technology 195

Technology Clients Investing Investors 195

Housing Wire

FEBRUARY 28, 2024

Independent brokerage Howard Hanna Real Estate Services has partnered with Zillow ’s ShowingTime+ to allow agents in the Cleveland and Pittsburgh areas to leverage the Listing Showcase tool. Launched in June 2023, Listing Showcase is an AI-powered listing tool available exclusively on Zillow.

Tools 394

Tools Agents Real Estate Brokerage 394

Housing Wire

APRIL 2, 2024

New American Funding (NAF) has snagged top Chicago loan officer Larry Steinway as it looks to grow its presence in the Chicagoland area. billion of loan volume in his nearly 30-year career, started at NAF on April 1 as its vice president producing area sales manager tasked with expanding the lender’s footprint in the Chicagoland area.

Loan Officers 399

Loan Officers Retail Finance Buyers 399

Housing Wire

FEBRUARY 1, 2024

The downtown area, big time. But you go to the outskirts of the Detroit area and it looks like a damn desert town.” Yet as surrounding neighborhoods appreciated in value with increased amenities and services, rising costs pushed out the mostly Black, longtime residents — excluding them from the benefits of development.”

Real Estate 403

Real Estate Appraisal Insurance Training 403

Housing Wire

DECEMBER 15, 2023

The suit also names a handful of local multiple listing services (MLSs), including Austin/Central Texas Realty Information Service, Central Texas Multiple Listing Service, Housing Realtors Information Service, and North Texas Real Estate Information Systems.

Real Estate 469

Real Estate Realtors Realty Real Estate Agent 469

Housing Wire

OCTOBER 30, 2020

“Redfin redlines communities of color in this digital age by setting minimum home listing prices in each housing market on its website under which it will not offer any real estate brokerage services to buyers or sellers,” the lawsuit states. Looking at 10 metro areas and the services Redfin offered, the lawsuit found the following.

Brokerage 545

Brokerage Sellers Buyers Agents 545

Housing Wire

AUGUST 29, 2023

million in credit opportunities for neighborhoods of color in the Tulsa metropolitan area as a settlement with the Department of Justice in an alleged redlining case. American Bank of Oklahoma has agreed to invest $1.5 The bank denies the allegations. The lender has seven branches and 23 active LOs.

Advertising 367

Advertising Investing Insurance Mortgage 367

Housing Wire

JANUARY 23, 2024

The launch of AREA was announced on Tuesday, as first reported by The New York Times. According to the Times article, Haber and Umansky are expected to formally launch AREA on Wednesday at the Inman Connect real estate conference in New York City. We don’t believe this is time for talk, this is time for action.”

Real Estate 437

Real Estate Agents Realtors Brokerage 437

Housing Wire

JANUARY 18, 2024

Originally piloted in 2017, Lifelong Laguna is a program that enlists a local area nonprofit to encourage support for aging in place. The Laguna Beach program aims to fulfill a specific need for a city where approximately 28% of residents are age 65 and over, while local assisted living and memory care services are scarce.”

Realtors 438

Realtors 438

Housing Wire

FEBRUARY 1, 2023

Building the future of mortgage servicing technology is about granular, nuanced innovation — knowing what changes must happen and when, and executing with no mistakes across scale operations where every tiny detail is highly regulated. Connect with them in 2023 and build the future of servicing fintech together.

Mortgage 453

Mortgage Technology Modernization Investors 453

Housing Wire

AUGUST 18, 2023

Based on the data, 5,200 mortgages serviced by Freddie Mac , 9,800 mortgages serviced by Fannie Mae and 2,400 mortgages serviced by Ginnie Mae on Maui have all been impacted by the fires. The governor’s office said that the Lāhainā and Kula areas are “still being assessed.” Josh Green (D).

Government 367

Government Mortgage Tenants Development 367

Housing Wire

MARCH 21, 2024

Planet Home Lending hired Matt Kingsborough as regional sales manager, the Connecticut-based lender, servicer and asset manager announced Thursday. Prior to joining Planet, Kingsborough was a multistate regional area manager for HomeBridge Financial Services and was the Northern California regional manager for Prospect Mortgage.

Lending 383

Lending Retail Contracts Construction 383

Housing Wire

APRIL 15, 2024

.” The American Real Estate Association (AREA), a startup trade organization, also was pleased by Monday’s announcement. Today’s statement regarding seller commission compensation was well-received,” wrote Jason Haber, the co-founder of AREA. Will buyer payments for their own professional services count against the IPC cap?

Buyers 529

Buyers Agents Real Estate Agent Sellers 529

Housing Wire

JANUARY 31, 2024

In that context, the company appointed Brett Evertz as the area manager. Evergreen Home Loans offers a full suite of mortgage services, including conventional purchase loans and refinancing , as well as government-backed products through the Federal Housing Administration (FHA), U.S.

Government 397

Government Mortgage 397

Housing Wire

SEPTEMBER 27, 2023

community bank, was accused of illegally avoiding providing mortgage services to majority Black and Hispanic neighborhoods in Rhode Island. The DOJ alleges that the bank also failed to train and incentivize its staff to market and advertise its mortgage services to compensate for its lack of presence in these areas.

Advertising 419

Advertising Loan Officers Lending Training 419

Housing Wire

MARCH 8, 2023

Department of Justice (DOJ) to resolve allegations that it discriminated against Black and Hispanic neighborhoods in the Columbus area. Specifically, the complaint alleges that all of Park National’s branches and mortgage lenders in the Columbus area were concentrated in majority-white neighborhoods.

Advertising 356

Advertising Lending Modernization Investing 356

Housing Wire

MARCH 8, 2024

The Desjardins Group , a Quebec-based lender, is no longer issuing mortgages in high-risk flood areas, multiple media outlets reported this week. Canadian homes in recently flooded areas posted lower values. That is stoking concerns that similar measures could be taken in other places, including the U.S. In the U.S.,

Insurance 417

Insurance Mortgage Housing Market Buyers 417

Advanced Appraisal

APRIL 17, 2024

We are located in the Mokena area but some of our prime service areas is the Lincoln-Way areas as a whole, from Frankfort to Manhattan, we are very active in Residential, Land and some Small Commercial to Industrial.

Real Estate 128

Real Estate 128

Housing Wire

NOVEMBER 30, 2023

The Consumer Financial Protection Bureau (CFPB) wants to address mortgage issues, including affordability and servicing challenges. House of Representatives Financial Services Committee on Wednesday. “The We think this is quite targeted in a few metro areas, but maybe nationwide,” he said.

Mortgage 403

Mortgage Lending Business Marketing 403

Housing Wire

APRIL 24, 2024

The Dallas-Fort Worth-Arlington metro area had the largest increase in population count between 2021 and 2022 of any metro area in the country, adding more than 170,000 people , according to the U.S. Few cities have benefited as much from the recent trend of Americans increasingly moving south as Dallas. Census Bureau.

Brokerage 364

Brokerage Realty Marketing Real Estate 364

Housing Wire

JANUARY 30, 2024

The deal that runs through 2028 includes more than $1 billion for community development lending and services, investments in affordable housing , revitalization and stabilization, and projects that create jobs in LMI areas. The depository is aiming to maintain at least 25% of its branches in LMI areas.

Investing 377

Investing Mortgage Lending Loan Officers 377

Housing Wire

JUNE 7, 2022

New York-based AmTrust Title Insurance Company on Tuesday introduced MidPoint , its new title closing solution enabling title agents to work outside their geographic areas to serve clients nationwide. MidPoint’s three transaction service levels are the “title-only workflow,” the “sub-escrow workflow,” and the “full-escrow service.”.

Insurance 365

Insurance Clients Agents Real Estate 365

Appraisal Buzz

APRIL 9, 2024

This included roles in client services and product management at Mortgagebot, as well as a position as vice president of mortgage lending at the company now known as TD Bank. Throughout his tenure at Optimal Blue, Allen has played an integral role in the enhancement and delivery of products.

Best Value 195

Best Value Lending Clients Technology 195

Housing Wire

APRIL 12, 2024

The paper notes that “AI is not a homogenous technology” and offers a variety of uses across the mortgage ecosystem, from origination and servicing to default solutions and asset sales. They go on to describe the potential significance of AI in multiple areas of mortgage lending.

Technology 390

Technology Tools Investing Mortgage 390

Housing Wire

JANUARY 16, 2024

In an amended complaint filed on Friday, the plaintiffs’ counsel named Vanguard Properties , Twin Oaks Real Estate , Windermere Real Estate Services Company , Rapisdara & Fox and Realty One Group , as additional defendants in the antitrust suit. The lawsuit was originally filed in U.S.

Brokerage 413

Brokerage Realtors Realty Real Estate 413

Housing Wire

OCTOBER 26, 2023

Real estate conglomerate Anywhere is teaming up with Offerpad to expand the iBuyer ‘s services nationwide, according to an announcement on Thursday. Offerpad operates in 14 states. “This is part of our ongoing effort to bring new lead opportunities to our Network, creating an elevated experience for agents and consumers alike.”

Real Estate Agent 397

Real Estate Agent Real Estate Sellers Agents 397

Housing Wire

JANUARY 8, 2024

Together, they serve communities in the Houston and Austin areas. This move empowers us to elevate the level of service we provide to our clients and expand our reach in the Houston area and Austin metroplex real estate markets.” The Mike Seder Group joined eXp after spending more than 25 years with RE/MAX.

Realty 419

Realty Brokerage Real Estate Agents 419

Housing Wire

DECEMBER 14, 2023

New York State’s largest multiple listing service just got larger. The Poughkeepsie-based Mid-Hudson MLS is a broker-owned MLS serving over 1,400 agents in Dutchess County and the Mid-Hudson Valley area. OneKey MLS has acquired Mid-Hudson MLS according to an announcement on Monday, growing its membership to nearly 50,000 agents.

Agents 405

Agents Realtors Real Estate 405

Housing Wire

FEBRUARY 22, 2024

A suspected fraudster nearly brought financial ruin to an elderly resident of London, Ontario in Canada , but an area reverse mortgage professional’s quick thinking is credited with leading to the suspect’s arrest, according to a news release from the London Police Service.

Renovations 395

Renovations Mortgage Contracts Government 395

Housing Wire

NOVEMBER 27, 2023

HousingWire recently spoke with David Bernard, senior managing director of Specialized Mortgage Services at Western Alliance Bank , Member FDIC, about warehouse lending and how the warehouse sector and mortgage finance have progressed and continue to evolve. HW: How has mortgage finance changed in the last few years?

Lending 375

Lending Finance Clients Client Relationships 375

Housing Wire

APRIL 22, 2024

This is especially effective if you’re newly licensed, just moved to a new area, or simply as an introduction if you’ve haven’t previously told your neighbors that you’re in the real estate industry. There are still plenty of buyers interested in this area. Are you or any of our neighbors thinking about selling?

Real Estate 384

Real Estate Open Houses Brokerage Real Estate Agent 384

Housing Wire

DECEMBER 4, 2023

Housing Forward is leading the charge in the greater Dallas area against homelessness, a vexing problem that plagues many cities across the county, and in recent years the nonprofit has notched some significant victories in the effort. The reality of the nation’s homelessness problem is that the goal posts keep moving.

Development 410

Development Property Management Government Training 410

Housing Wire

AUGUST 28, 2023

The Consumer Financial Protection Bureau (CFPB) reached a multi-billion dollar settlement with a collection of brands that offer credit repair services to American consumers, the agency announced on Monday. If the settlement is approved, the companies will also be banned from telemarketing credit repair services for a period of 10 years.

Law 370

Law Real Estate Business Marketing 370

Housing Wire

MARCH 7, 2023

Cenlar FSB, the second-largest mortgage servicer and largest sub-servicer in the U.S., My objective is to strengthen Cenlar’s escrow area by leveraging technology and automating wherever possible to enhance operational efficiencies and deliver the best outcomes for Cenlar, our clients and their homeowners.”

Insurance 359

Insurance Clients Technology Mortgage 359

Housing Wire

SEPTEMBER 15, 2022

Cenlar FSB, the nation’s second-largest mortgage servicer and largest sub-servicer, hired Gary Gaskin as vice president of transfer services. Gaskin will be responsible for areas of loan boarding, acquisitions and transfers as well as improving operation efficiencies, the firm said.

Finance 352

Finance Development Mortgage 352

Housing Wire

FEBRUARY 2, 2024

This partnership is poised to enhance agents’ title experiences through streamlined processes, exceptional service and unparalleled mobility.” Orlando and its surrounding areas provide a wide range of housing options, making collaborations like this incredibly valuable for real estate professionals, as well as buyers and sellers.

Business 355

Business Realty Brokerage Real Estate 355