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 437

Project Management Lending Finance Clients 437

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 427

Real Estate Technology Brokerage Valuation 427

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 176

Government Lending Mortgage 176

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 407

Mortgage Insurance Development Business 407

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 395

Clients Insurance Mortgage Finance 395

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 413

Real Estate Investing Development Business 413

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

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 167

Realty Brokerage 167

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 487

Inventory New Listings Housing Market Mortgage 487

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 405

Lending Technology Mortgage Business 405

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 383

Lending Advertising Mortgage Law 383

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 532

Mortgage Inventory New Listings Sellers 532

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 417

Sellers Mortgage Business Lending 417

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 481

Advertising Mortgage Lending 481

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 417

Law Real Estate Investors Sellers 417

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 370

Mortgage Lending Investors Housing Market 370

Housing Wire

APRIL 9, 2024

Anthony Lamacchia The financial terms of the deal were not disclosed, but Lamacchia said the possibility of a merger has been a topic of discussion between himself and Sears family since 2015.

Realty 417

Realty Brokerage Real Estate Realtors 417

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 497

Housing Market Marketing Inventory Buyers 497

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 446

Real Estate Housing Market Insurance Mortgage 446

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 427

Retail Technology Market Value Valuation 427

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 481

Mortgage Inventory New Listings Housing Market 481

Mortgagebroker News

NOVEMBER 21, 2022

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

Mortgage 51

Mortgage 51

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 417

Insurance Mortgage Development 417

Housing Wire

DECEMBER 7, 2023

In 2015, Stewart was granted an “irrevocable and perpetual license” to install and use the ResWare software title production system product, which at that time was owned by Adeptive Software.

Modernization 406

Modernization Business Contracts Design 406

Inman

MAY 26, 2023

House lawmakers ask SEC not to hinder a system that private mortgage insurers have used to transfer nearly $68 billion in risk since 2015.

Insurance 154

Insurance Mortgage Finance 154

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 182

Construction 182

Appraisal Buzz

APRIL 18, 2022

Lender profit margin expectations have consistently fallen over the years since 2015. BLOG VIEW: Profit margin compression is currently one of the most significant factors impacting profitability and business efficiency for mortgage lenders.

Mortgage 195

Mortgage Business Appraisal 195

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 383

Finance Real Estate Agent Loan Officers Legal 383

Eyes on Housing

NOVEMBER 15, 2022

The index has decreased four of five months for the first time since 2015. The prices of building materials decreased 0.2% in October (not seasonally adjusted) following a 0.5% decline in September according to the latest Producer Price Index (PPI) report. The PPI for goods inputs to residential construction, including energy, was led 0.2%

Construction 193

Construction 193

Inman

MARCH 7, 2023

Mortgage veteran Kurt Johnson, who held executive roles at Indymac Bank and OneWest Bank before joining Mr. Cooper in 2015, succeeds Jaime Gow as CFO, it was announced this week.

Mortgage 148

Mortgage 148

Housing Wire

FEBRUARY 22, 2022

The class action affects all customers in California whose cellular calls with Ocwen Loan Servicing, LLC were recorded in November 2015. Franklin said he fell behind on his mortgage payments and, between 2011 and 2015, received numerous phone calls from Ocwen, who was servicing his mortgage, to collect the payments.

Law 383

Law Clients Mortgage Finance 383

Housing Wire

DECEMBER 28, 2020

The 10-year yield and mortgage rates In 2015, I made my first bond yield forecast for the coming year. From 2015 to 2020, I’ve made the exact same forecast, and for the most part, over the years, this range has held. Here’s what I think that means for the 2021 housing market.

Housing Market 545

Housing Market Marketing Law Mortgage 545

Housing Wire

JULY 18, 2023

Maxwell, founded in 2015, aims to make mortgage processes more efficient and accessible. Wetzel’s arrival is timely, given the challenges faced by the U.S. mortgage industry, including significant net losses on loans and a decline in purchase loans. His goal is to empower lenders on Maxwell’s platform to find long-term solutions.

Technology 370

Technology Lending Mortgage Real Estate 370

Housing Wire

MARCH 23, 2024

This data line is slightly lower than I hoped for for 2024, but we are still growing. Right now we are a tad below the levels we saw in 2022 before mortgage rates spiked over 6%.

Mortgage 512

Mortgage Inventory New Listings Housing Market 512

Housing Wire

AUGUST 17, 2023

Every year starting from 2015, it was the same forecast; the 10-year yield would be between 1.60%-3% which meant mortgage rates between 3.50%-4.75%, roughly. As the chart below shows, before the COVID-19 recession, bond yields mostly stayed in that range, although there were times between 2015-2020 when they broke below 1.60% and over 3%.

Mortgage 370

Mortgage Retail Marketing 370

Housing Wire

AUGUST 11, 2023

real estate between 2015 and 2020, a trend that she said has been going on for decades. The department believes the proposed rule will close a loophole that allows corrupt oligarchs, terrorists and criminals to hide illegally obtained funds in U.S. real estate. According to a state from Treasury Secretary Janet Yellen in March, as much as $2.3

Real Estate 370

Real Estate Insurance Legal Finance 370

Housing Wire

SEPTEMBER 27, 2023

That is Maxwell’s second acquisition since its inception in 2015. Maxwell , a Wells Fargo -backed mortgage fintech, announced Wednesday that it has struck a deal to acquire the digital lending platform Revvin ( formerly known as MortgageHippo ) to enhance its point-of-sale technology.

Lending 437

Lending Technology Loan Officers Development 437