Housing Wire

OCTOBER 30, 2023

Mezzasalma joined Cenlar in 2015 as vice president and chief accounting officer. Prior to joining Cenlar in July 2023, Schneider held other executive leadership positions at mortgage companies such as Ditech, Vericrest, Washington Mutual Home Loans, CitiMortgage and Blackstone-backed Stearns Lending.

Project Management 440

Project Management Lending Finance Clients 440

Housing Wire

JANUARY 30, 2023

He left Cenlar in 1990 to join New York City-based Dime Bancorp as its chief financial officer but returned to Cenlar in 2015. He then worked as Cenlar’s chief risk officer from 2015 to 2019 before taking on an advisory role at the company in 2019. Daras’ association with Cenlar dates back to 1985 when he initially joined the company.

Clients 396

Clients Insurance Mortgage Finance 396

Housing Wire

JANUARY 23, 2024

Founded in 2015 as an indirect wholly owned subsidiary of Mr. Cooper Group , Xome is a real estate marketplace that serves mortgage servicers, originators, real estate professionals, financial institutions and homebuyers and sellers.

Real Estate 430

Real Estate Technology Valuation Brokerage 430

Housing Wire

MAY 1, 2023

To understand how this might happen, consider Figure 3 below, which depicts actual net loss rates for mortgages purchased by Fannie Mae for two different sets of vintages; a more severe period represented by origination years 2005-2007, and 2013-2015 representing a much more favorable period of time.

Mortgage 410

Mortgage Insurance Development Business 410

Appraisal Buzz

JULY 16, 2024

Updating a survey that was previously conducted in 2015, 2018, and 2023, Fannie Mae released the results of a consumer survey that uncovered opportunities to close knowledge gaps around mortgage qualifications and underscored the need to continue to improve education around the mortgage buying process.

Government 397

Government Mortgage Housing Market Investing 397

Inman

MAY 30, 2024

million in 2015. The "Zero Dark Thirty" star purchased the home for $5.1 A number of well-known musicians have lived in the apartment in its time, including Leonard Bernstein, who composed "West Side Story" while living there.

Realty 165

Realty 165

Housing Wire

FEBRUARY 22, 2024

In 2005, he began a 10-year stint working for the Royal Bank of Scotland in Singapore, then joined Morgan Stanley in 2015, according to his biography. Akwaboah serves on the board of the Morgan Stanley Foundation and is also a member of the Federal Reserve Bank ’s payments risk committee. Fannie Mae recently reported $77.4

Technology 479

Technology Government Business Marketing 479

Housing Wire

MARCH 5, 2024

For context, active listings during the same time frame in 2015 were substantially higher at 958,304. Meanwhile, inventory rose year over year by nearly 19%. The most recent inventory bottom was in 2022 at 240,194 units, while the inventory peak in 2023 was 569,898.

Mortgage 458

Mortgage Inventory Investors Sellers 458

Housing Wire

FEBRUARY 28, 2024

Pollack joined Blackstone in 2015. “I have known Jonathan for more than a decade, and he is universally respected across our industry with unparalleled relationships and a track record of success, which will help lead a firm of our scale and ambition.”

Real Estate 395

Real Estate Investing Development Business 395

Appraisal Buzz

JUNE 11, 2021

Department Secretary Marcia Fudge says HUD will restore certain definitions and other selected parts from 2015’s Affirmatively Furthering Fair Housing rule, which the previous administration ended last year. . The post HUD Rescinds ‘Preserving Neighborhood and Community Choice’ Rule appeared first on DSNews.

Appraisal 370

Appraisal 370

Housing Wire

SEPTEMBER 1, 2020

In the case of Service 1st Mortgage, the misleading mailers were sent out for a period beginning in 2015, and for Hypotec, beginning in 2016. The most recent cases were those against Service 1st Mortgage, Inc. , and Hypotec Inc.,

Advertising 482

Advertising Mortgage Lending 482

Housing Wire

OCTOBER 23, 2023

Lamphere served as the chief operating officer at Mid America Mortgage from November 2015 to December 2020. Formerly known as Mid America Mortgage, the company changed its name to Click n’ Close in June 2022.

Lending 394

Lending Technology Mortgage Business 394

Inman

JANUARY 19, 2024

Government alleges competitors in Patriot's peer group made home loans in minority areas of Memphis at almost three times the rate of Patriot from 2015 to at least 2020.

Government 169

Government Lending Mortgage 169

Housing Wire

JUNE 3, 2024

Founded in 2015, Roof AI developed its technology from scratch, creating proprietary algorithms to serve local real estate and mortgage professionals. This responsiveness builds trust and makes consumers more likely to engage with the brokerage.”

Technology 440

Technology Real Estate Brokerage Modernization 440

Appraisal Buzz

JUNE 4, 2024

Otting has had a long, distinguished career in banking including having served as CEO of OneWest Bank from 2010 to 2015, as the 31st Comptroller of the Currency from 2017 to 2020, and as acting director of the Federal Housing Finance Agency in 2018. He was named president and CEO of New York Community Bancorp on April 1, 2024.

Finance 195

Finance Appraisal 195

Housing Wire

FEBRUARY 27, 2023

RMK Financial Corporation , which does business as Majestic Home Loans , has been permanently banned by the Consumer Financial Protection Bureau (CFPB) from the mortgage lending industry following a series of repeat offenses — which occurred despite the CFPB’s law enforcement order issued in 2015. government. government.

Lending 384

Lending Advertising Mortgage Government 384

Housing Wire

JULY 29, 2021

The origination period of the analysis was 2000-2015 to allow for loan seasoning and two models were estimated: one with a definition of default as a loan becoming 90 days past due or worse, and the second a loan becoming 180 days past due or worse. These were 2000-2003, 2004-2008Q2, 2008Q3-2011, and 2012-2015. Specifically, the 1.9

Sellers 421

Sellers Mortgage Business Lending 421

Housing Wire

SEPTEMBER 16, 2023

9): Inventory rose from 547,222 to 552,042 The inventory bottom for 2022 was 240,194 The inventory peak for 2023 so far is 518,626 For context, active listings for this week in 2015 were 1,201,196 One of the data lines I will incorporate weekly going forward is the price cut percentage.

Inventory 491

Inventory New Listings Housing Market Mortgage 491

Housing Wire

JUNE 4, 2024

A Supervisory Highlights from the Summer of 2015 refers mainly to home equity installment loan agreements. These actions follow the Supreme Court’s decision to reject a broad challenge to the CFPB’s funding mechanism brought by payday lending groups led by the Community Financial Services Association of America (CFSA).

Legal 414

Legal Contracts Law Lending 414

Housing Wire

DECEMBER 7, 2022

District Court for the District of Columbia issued an order vacating the 2020 HMDA Final Rule, changing the reporting data on closed-end mortgage loans to 25 from 100 in each of the two preceding years going back to the threshold set in 2015.

Mortgage 369

Mortgage Lending Investors Housing Market 369

Housing Wire

DECEMBER 9, 2023

Here is the price cut percentage data for the same week in other years: 2023 38% 2022 42% 2021 27% As you can see, affordability is an issue, and the price cut percentage is higher now than in any period from 2015-2021, but still below 2022 levels. Now lets take a look at the weekly inventory data. the seasonal peak this year was on Nov.

Mortgage 533

Mortgage Inventory New Listings Sellers 533

Housing Wire

SEPTEMBER 17, 2021

from July’s total, which is slightly larger than the 2015-2019 July-to-August drop of 2.1%, the report found. Although this decrease is in line with the 2015 through 2019 average July-to-August drop of 1%, it still marks a 13.2% The report analyzes MLS data from 51 U.S. metropolitan areas and includes all residential properties.

Housing Market 500

Housing Market Marketing Inventory Buyers 500

Housing Wire

JUNE 6, 2022

Prior to joining CoreLogic in 2015, Nothaft had a nearly 30-year career at Freddie Mac, where he was most recently the chief economist. From 2010 to 2015, he was on the faculty at Georgetown University School of Continuing Studies , where he taught urban real estate economics.

Real Estate 450

Real Estate Housing Market Insurance Mortgage 450

Inman

NOVEMBER 15, 2023

Willis' first KW CEO tenure was from 2005 to 2015, and he returned to the company in July as a strategic consultant. Mark Willis is Keller Williams' new CEO, according to an announcement on Wednesday.

Realty 161

Realty Brokerage 161

Mortgagebroker News

NOVEMBER 21, 2022

So why is the share of written-off mortgages still declining?

Mortgage 54

Mortgage 54

Housing Wire

JUNE 29, 2024

2015 81,875 2016 80,293 2017 84,293 2018 98,972 2019 87,278 Now, let me show you what stressed sellers’ data looks like. Now, let’s look at the new listings data for several years before COVID-19; these are the weekly data for this week. When mortgage rates increase, demand falls, and the price-cut percentage grows.

New Listings 415

New Listings Inventory Contracts Sellers 415

Housing Wire

NOVEMBER 11, 2020

After a dramatic false start in 2015, California-based lender loanDepot says it’s finally going public. LoanDepot , backed by private equity shop Parthenon Capital Partners, first announced plans to go public in September 2015 , but canceled the IPO hours before pricing due to what the company called adverse “market conditions.”

Retail 432

Retail Technology Market Value Valuation 432

Housing Wire

SEPTEMBER 24, 2023

16-23): Inventory rose from 552,042 to 556,865 The inventory bottom for 2022 was 240,194 The inventory peak for 2023 so far is 527,938 For context, active listings for this week in 2015 were 1,198,033 Historically, one-third of all homes have price cuts every year. According to Altos Research : Weekly inventory change (Sept.

Mortgage 484

Mortgage Inventory New Listings Housing Market 484

Housing Wire

JUNE 5, 2024

Since our acquisition of Mortgage Master in 2015, New England has been a critical market for loanDepot’s vision of the future,“ LDI Mortgage President Jeff Walsh added. One of his core strengths is helping his team to achieve their career best.“

Loan Officers 404

Loan Officers Legal Development Mortgage 404

Housing Wire

JUNE 3, 2024

For example, in February 2023, the CFPB permanently banned RMK Financial Corporation , which does business as Majestic Home Loans , from the mortgage lending industry following a series of repeat offenses — which occurred despite the CFPB’s law enforcement order issued in 2015.

Law 442

Law Business Mortgage Lending 442

Housing Wire

APRIL 25, 2024

Of the 24 financial literacy programs GAO identified that serve older adults and people with disabilities, the Commission’s five annual reports from fiscal years 2015 to 2022 included program outcome data for one,” the report’s findings read.

Mortgage 392

Mortgage Government Law Insurance 392

Appraisal Buzz

APRIL 22, 2024

Ashley had been chief operating officer of CSS since 2015. Ashley Jelinek is the new CEO of Corporate Settlement Solutions (CSS), a regional provider of residential and commercial real estate settlement solutions. With the new appointment, Jerome Jelinek, the company’s founder and CEO, will become chairman.

Valuation 195

Valuation Insurance Real Estate Appraisal 195

Housing Wire

MARCH 11, 2024

In early January, Proof , formerly known as Notarize , announced that it had helped sellers and buyers close $374 billion worth of real estate transactions since its founding in 2015, and that it had its sights set on California.

Law 420

Law Real Estate Investors Sellers 420

Housing Wire

MARCH 22, 2023

Homebot was co-founded by Ernie Graham and Ira McMahon in 2015 with a vision to help people make smart financial decisions with their homes. Since launching their app in June 2021, Quo’s users have amassed over $1.5 billion in home buying power and are working toward buying $5 billion in homes, the company said.

Finance 379

Finance Real Estate Agent Loan Officers Legal 379

Appraisal Buzz

MAY 21, 2024

Guarrero’s association with Fairway began in 2015, where she took on a critical role as a founding executive teammate for Fairway Ignite.

Mortgage 195

Mortgage Training Design Real Estate 195

Eyes on Housing

MARCH 9, 2023

Since the inception of this series in 1998, this was the fourth time construction costs represent over 60% of the total price of the home (2013: 61.7%, 2015: Read More › Results show that 60.8% of the average home sale price consisted of construction costs, essentially unchanged from the 61.1% posted in 2019.

Construction 186

Construction 186

Housing Wire

MAY 19, 2022

The last premium reduction took place in 2015, when the Obama administration, buoyed by an improving economy, slashed the premiums from 1.35% to.85%. Only by cutting premiums will the administration be able to carry out its objectives of improving racial equity and increasing homeownership, the trade group said.

Insurance 421

Insurance Mortgage Development 421