Housing Wire

MAY 23, 2023

The lawsuit , first brought in 2015, takes issue with a policy that has been in place within New York City since 1988 and reserves 50% of the units in most subsidized affordable housing developments for residents of the local community district.

Development 384

Development Law Legal 384

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 458

Loan Officers Lending Advertising Home Improvement 458

Housing Wire

NOVEMBER 3, 2023

Department of Treasury that would keep the firm certified as a Community Development Financial Institution (CDFI). In 2015, Levine’s former employer, TPG Global, also sued him for taking confidential documents and distributing them to media outlets after being denied a promotion.

Lending 410

Lending Finance Legal Contracts 410

Housing Wire

JANUARY 9, 2023

These buyers are primarily local community developers who purchase distressed properties and then resell or rent those properties on the retail market following rehab — a process that typically takes six to 12 months. . The 29% average purchase discount was also well above the pre-pandemic average of 22% between 2015 and 2019.

Retail 491

Retail Sellers Buyers Market Value 491

Housing Wire

AUGUST 25, 2021

Mortgage industry groups on Tuesday made their voices heard in response to the Department of Housing and Urban Development ’s proposed reinstatement of its 2013 disparate impact rule. The argument for the higher threshold for claims arose following a 2015 Supreme Court decision which upheld the disparate impact regulation.

Legal 397

Legal Insurance Development Mortgage 397

Housing Wire

MAY 17, 2022

“Inco-Check has not only developed proprietary technology to support its clients, it also uses these same tools to provide a highly differentiated service offering, making it a one-stop shop for software and tech-enabled services,” said Michael Detwiler, who partnered with NGC on the acquisition, in a statement.

Logistics 370

Logistics Legal Investors Technology 370

Housing Wire

NOVEMBER 18, 2022

The most recent example of a decline in districts to ll resulted from the 2015-2016 merger of the Seattle and Des Moines institutions into a Des Moines District Bank. However, the smaller FDIC-insured institution members are permitted to obtain long-term advances to fund small business and community development activities.

Legal 370

Legal Law Insurance Finance 370

Housing Wire

JULY 29, 2021

I applied a multivariate statistical analysis consistent with the one I used to develop the industry’s first FHA automated underwriting scorecard (known now as TOTAL), and the industry’s first VA scorecard during my tenure at Freddie Mac. These were 2000-2003, 2004-2008Q2, 2008Q3-2011, and 2012-2015. Specifically, the 1.9

Sellers 421

Sellers Mortgage Business Lending 421

Housing Wire

FEBRUARY 9, 2024

In 2015, CoStar spent $100 million in consumer marketing to promote the revamped Apartments.com site. “I This is the next stage in the development of Homes.com. Part of this investment, Florance said, was to build content on roughly 21,000 neighborhoods across the U.S., The firm is no stranger to large marketing spends. 5 or 6 to No.

Marketing 450

Marketing Advertising Real Estate Real Estate Agent 450

Housing Wire

MAY 19, 2022

A spokesperson for the Department of Housing and Urban Development (HUD) said in a statement that the administration is continuing to monitor seriously delinquent loans in its portfolio as it weighs premium pricing, and that to date, they have been “pleased.”. Gordon has supported a premium reduction in the past.

Insurance 421

Insurance Mortgage Development 421

Housing Wire

JUNE 28, 2023

Founded in 2013 by Brew Johnson, Brett Crosby and Alex Perelman, Peer Street developed a marketplace connecting lenders and borrowers seeking capital to investors looking for real estate-related debt. Burry was one of PeerStreet’s first investors in 2015.

Investors 432

Investors Real Estate Mortgage Investing 432

Housing Wire

SEPTEMBER 9, 2021

Take a look at some of the 2020 honorees: Maxwell co-founder John Paasonen has grown the company to serve more than 250 community lenders since 2015 and the Maxwell platform has now facilitated over $100 billion in loan volume, helping its customers enhance the borrower experience by closing loans 45% faster than the national average.

Architecture 364

Architecture Technology Construction Real Estate 364

Housing Wire

MARCH 8, 2023

District Court for the Southern District of Ohio last month, alleged that Park National failed to provide mortgage lending services by redlining majority-Black and Hispanic neighborhoods in the Columbus area from at least 2015 to 2021. Under the proposed consent order, Park National agreed to invest at least $7.75

Advertising 384

Advertising Lending Modernization Investing 384

Lamacchia Realty

FEBRUARY 22, 2023

The Department of Housing and Urban Development announced the reduction of the FHA Mortgage Insurance Premium (MIP) today. The FHA cut the annual mortgage insurance premium fees in 2015 from 1.35% to 0.85% for LTV >95%. The reduction of 30 basis points makes it less expensive for a borrower to own a home. to $176.92.

Insurance 60

Insurance Development Buyers Realty 60

Housing Wire

JUNE 14, 2022

According to the DOJ, from 2009 through 2015, Lindeman and his wife targeted Hispanic homeowners through Spanish-language advertising that promised to cut mortgage payments in half. Kourouklis ran a company called Summit Development Solutions USA, LLC , which provided mortgage modification services to clients of ALG.

Law 370

Law Advertising Clients Development 370

Housing Wire

JULY 12, 2021

Founded in 2015, Trussle has raised £26.7m Since 2015, Trussle claims to have sourced over £2.7 We found a kindred spirit in the team at Trussle who have developed a platform that we can work alongside to help every Briton own their own home.” ’s $1.5 trillion residential mortgage market. homeowners.

Brokerage 421

Brokerage Mortgage Loan Officers Finance 421

Housing Wire

OCTOBER 6, 2021

Third-party homeownership education providers will still have to be aligned with the National Industry Standards for Homeownership Education and Counseling or with the Department of Housing and Urban Development Housing Counseling Program, if it is not a HUD-approved counseling agency.

Finance 479

Finance Mortgage Development 479

Housing Wire

MAY 12, 2021

Since then, we developed proprietary technology to improve every piece of the process but we officially revolutionized the mortgage industry when we launched Rocket Mortgage in 2015,” said Jay Farner, Rocket Mortgage CEO. “Rocket Mortgage has grown to be the industry leader and the measuring stick for all other lenders.

Lending 384

Lending Mortgage Real Estate Development 384

Housing Wire

NOVEMBER 17, 2020

Yannaccone joined Realogy in 2015 as the chief operating officer of ERA , and has since held senior franchise and owned brokerage leadership positions. More recently, Yannaccone launched the “ What Moves Her ” campaign, focused on helping women in real estate develop their professional goals and leadership across the industry.

Real Estate 370

Real Estate Brokerage Realty Business 370

Housing Wire

MARCH 2, 2023

We are doing a lot of research and development in it and artificial intelligence,” Slyusarchuk said. “We The lender began servicing some investor loans in 2008, adding non-QM loans in 2015 and expanding to Fannie Mae loan servicing in 2017. It added Freddie Mac loans in 2019 and jumbo loans for JPMorgan Chase the following year.

Mortgage 397

Mortgage Investors Development Investing 397

Housing Wire

AUGUST 8, 2022

Chief Operating Officer Rob Lux was named co-CEO for operations, technology, business development, client management, human resources, and legal. He returned to Cenlar in 2015 as chief risk officer and, in 2019, began an advisory role for the board. Dave Applegate, a board member since 2020, has been named the company’s chairman.

Human Resources 370

Human Resources Legal Finance Insurance 370

Housing Wire

APRIL 1, 2021

Since 2015 Qualia has invested heavily in building a flexible infrastructure for the real estate and mortgage industry. Joel Gottsegen leads product strategy, development and execution, as well as vendor integrations with title companies and mortgage lenders around the country. Joel Gottsegen, Co-founder. Lucas Hansen, CTO.

Real Estate 384

Real Estate Real Estate Agent Clients Development 384

Housing Wire

OCTOBER 20, 2022

Prior to the pandemic, the average purchase discount at foreclosure auction had never dropped below 20% in any quarter as far back as nationwide data is available, Q1 2015. But the fever broke in the second quarter of 2022, at least for the local community developers who are the primary buyers at foreclosure auction.

Buyers 432

Buyers Housing Market Marketing Investors 432

Housing Wire

JANUARY 28, 2021

The Department of Housing and Urban Development attempted to crack down on landlord discrimination back in 2018. Roberts said that of those 303 counties, 44% saw market-rate rents rise more than voucher values from 2015 to 2020. billion in unpaid rent last week stemming from the 2020 health and economic crisis.

Landlords 466

Landlords Tenants Law Legal 466

Housing Wire

FEBRUARY 26, 2021

Patterson has led Homepoint’s third-party originations business since 2015. She has also led the development of Homepoint’s Customer For Life program, which was designed to empower the company’s mortgage broker and correspondent partners to improve customer retention. Bank Home Mortgage.

Design 298

Design Retail Technology Lending 298

Housing Wire

MARCH 23, 2022

Additionally, Valverde worked to develop a post-conservatorship regulatory framework for the government-sponsored enterprises. Rotellini joins Ginnie Mae from DriveTime , a used car retailer and finance company, where she worked from 2015 to 2021 as a director of compliance. Treasury Department from 2010 to 2017.

Law 384

Law Finance Government Retail 384

Housing Wire

SEPTEMBER 22, 2022

Haley Parker is the area business development manager at Fairway Independent Mortgage Corporation. Social marketing and developing a personal brand is key. Implement the social aspect that was essential during the COVID-19 pandemic, but remember what made us successful in 2015-2019.

Client Relationships 384

Client Relationships Agents Development Business 384

Housing Wire

MARCH 16, 2022

Parvesh Sahi, senior vice president of business and client development at ICE Mortgage Technology, said that lenders will have a true digital experience that provides efficiency, speed, and cost savings. “We Encompass eClose will be part of the mortgage fintech Maxwell’s point-of-sale platform.

Technology 384

Technology Real Estate Agent Loan Officers Lending 384

Housing Wire

NOVEMBER 23, 2021

The Neighborhood Homes Investment Act (Neighborhood Homes) would begin addressing these challenges by developing or renovating 125,000 affordable homes in economically distressed communities. It’s a fact: the homeownership gap between Black and white households is wider now than when the Fair Housing Act was passed in 1968.

Investing 450

Investing Renovations Development Construction 450

Housing Wire

MAY 13, 2021

Of that $93,870, $41,330 is attributable to regulation during development, and $52,540 is due to regulation during construction. In March, Redfin reported almost two-thirds (63%) of people who bought a home in 2020 made an offer on a property they hadn’t seen in person, up from 32% a year earlier and the highest share since at least 2015.

Construction 466

Construction Government Inventory Mortgage 466

Lamacchia Realty

OCTOBER 27, 2023

To learn more about Amy, click HERE Her history of service includes: STATE ASSOCIATION MAR EXECUTIVE COMMITTEE: 2016, 2017, 2018, 2020, 2021, 2022 MAR DIRECTOR AT LARGE: 2018, 2019, 2020 NORTHERN REGION VICE PRESIDENT: 2016, 2017, 2022 MAR GOVERNMENT AFFAIRS COMMITTEE: 2018 (Vice Chair), 2019 & 2020 (Chair), 2021 MAR FINANCE COMMITTEE: 2020, 2022 (..)

Realtors 73

Realtors Realty Government Finance 73

JMV Lending

DECEMBER 22, 2022

Collateral Underwriter (CU) is a program developed by Fannie Mae to assess risk. It launched at the beginning of 2015. The CU program helps lenders assess the risk factors associated with a particular appraisal for a subject property by providing detailed information about potential appraisal quality or property eligibility issues.

Appraisal 78

Appraisal Lending Development 78

Housing Wire

JANUARY 14, 2021

Own Up, founded in 2015, claims that customers who used the service in 2020 would save more than $100 million in interest payments over the lifespan of their loans. It says it brings new transparency to the process by eschewing the traditional broker commission, typically 1.15% of the loan.

Technology 368

Technology Finance Brokerage Mortgage 368

Housing Wire

JUNE 14, 2022

The deal is the nineteenth sale of nonperforming loans since the inaugural sale in 2015. In a related development, earlier this month Fannie Mae unveiled its third reperforming loan sale of the year, an offering of some 10,000 loans valued at $1.57 Terms of the sale were not disclosed.

Investors 370

Investors Mortgage Development Business 370

Housing Wire

JANUARY 11, 2021

LoanDepot , backed by private equity firm Parthenon Capital Partners, first announced plans to go public in September 2015 but canceled the IPO just hours before pricing, citing adverse “market conditions.” The company recently announced a joint venture partnership with Canadian developer Brookfield. billion to $2.6

Retail 504

Retail Finance Investing Mortgage 504

Housing Wire

FEBRUARY 23, 2024

Recounting history TCB began its relationship with RMF in 2015 by “financing […] to enable RMF to fund and operate its business — including funding for RMF’s operations involving tails,” the filing states. Department of Housing and Urban Development (HUD) may not be in office should the suit progress to trial sometime next year.

Government 419

Government Contracts Finance Lending 419

Lamacchia Realty

DECEMBER 9, 2022

Her history of service includes: STATE ASSOCIATION MAR EXECUTIVE COMMITTEE: 2016, 2017, 2018, 2020, 2021, 2022 MAR DIRECTOR AT LARGE: 2018, 2019, 2020 NORTHERN REGION VICE PRESIDENT: 2016, 2017, 2022 MAR GOVERNMENT AFFAIRS COMMITTEE: 2018 (Vice Chair), 2019 & 2020 (Chair), 2021 MAR FINANCE COMMITTEE: 2020, 2022 LEADERSHIP DEVELOPMENT COMMITTEE: (..)

Realtors 69

Realtors Realty Finance Government 69