2015 Contracts Development Lending 
Housing Wire
SEPTEMBER 27, 2023
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. That is Maxwell’s second acquisition since its inception in 2015.
Housing Wire
NOVEMBER 3, 2023
Non-bank originator Change Lending will continue to originate non-qualified mortgages ( non-QMs ) for underserved borrowers after it reached a tentative deal with the U.S. Department of Treasury that would keep the firm certified as a Community Development Financial Institution (CDFI).
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Housing Wire
FEBRUARY 23, 2024
Alleged promises by Ginnie Mae That contention, however, does “nothing to undermine TCB’s claim that Ginnie Mae lacked statutory authority to extinguish TCB’s interest in its collateral, which was not only separate from the servicing rights but also subject to no contract between TCB and Ginnie Mae,” the filing reads.
Housing Wire
MARCH 10, 2023
Through the market turmoil and volatility that marked much of 2022 — and is still with us today — home-equity lending expanded, however. Our previous best year for HELOCs was 2015, and that was about $320 million,” he added. Toohig said Raymond James finished the year with some $1.1 level from the first quarter of 2021.”
Housing Wire
DECEMBER 16, 2021
The lender originated $10 billion in mortgages in 2013, $5 billion in 2014, $3 billion in 2015 and just $2 billion in 2016 before shutting down altogether in 2017. A $175 million investment from private holding company StoicLane in October would be used to grow operations and refine and develop new technologies. 375% below the market.”
Appraisal Today
MAY 10, 2024
These policies were the result of a collaborative effort between the GSEs, the Department of Housing and Urban Development (HUD) and the Federal Housing Finance Agency (FHFA). In more recent downturns, such as during the 2008 recession, many foreclosures were due to bad lending. From 2015 to 2018, there were 5 significant fires.
Appraisal Today
APRIL 21, 2023
Brand your appraisal practice Make it easier for customers to send you referrals by developing a brand that they will remember. Among the DOJ’s findings, from 2015 to 2021, all but one of the 101 mortgage lenders PNB employed in the lending area were white. The average contract interest rate for 5/1 ARMs increased to 5.56
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