Housing Wire

OCTOBER 23, 2023

Throughout her career, she held other executive roles at Guaranteed Rate , Mid America Mortgage , CMG Financial , Prime Lending , First Command Bank and Alaska USA Federal Credit Union. Lamphere served as the chief operating officer at Mid America Mortgage from November 2015 to December 2020.

Lending 378

Lending Technology Mortgage Business 378

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 438

Loan Officers Lending Advertising Home Improvement 438

Housing Wire

APRIL 5, 2024

With civil rights bills like the Fair Housing Act (FHAct) and Equal Credit Opportunity Act (ECOA) now the law of the land, most lenders will note that they rely on supposedly objective borrower screening algorithms to make lending decisions. But the results tell a different story.

Mortgage 399

Mortgage Lending Buyers Property Management 399

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. On July 24, the CFPB announced consent orders against Sovereign Lending Group, Inc., The most recent cases were those against Service 1st Mortgage, Inc. , and Hypotec Inc., and on Aug.

Advertising 475

Advertising Mortgage Lending 475

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. The complaint, filed in federal court in the U.S.

Advertising 367

Advertising Lending Modernization Investing 367

Housing Wire

JULY 18, 2023

He will also work on expanding Maxwell’s partnership ecosystem, making it easier for customers to utilize over 50 partner integrations across the tech lending stack. 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.

Technology 361

Technology Mortgage Lending Real Estate 361

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. How to reach the growing segment of Hispanic American homebuyers in 2023.

Mortgage 364

Mortgage Lending Investors Housing Market 364

Housing Wire

FEBRUARY 15, 2023

Larry Steinway, former senior vice president of lending and branch manager at Illinois-based Guaranteed Rate , has taken on a new challenge to expand the Ohio-based Revolution Mortgage footprint in the Chicagoland market. It’s a different approach to lending. He was the fourth mortgage loan originator to join Guaranteed Rate in 2000.

Mortgage 369

Mortgage Loan Officers Lending Retail 369

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

MAY 12, 2021

Five years after introducing the Rocket Mortgage brand for digital lending, Rocket Companies will finally retire the legacy Quicken name on July 31. “More than 20 years ago, Dan Gilbert, our founder and chairman, had a vision of putting the entire mortgage process online to simplify the lending experience and add more transparency.

Lending 384

Lending Mortgage Real Estate Development 384

Housing Wire

MAY 17, 2022

With NGC’s acquisition of Inco-Check, the company aims to enhance loan quality and prevent fraud in a competitive mortgage and consumer lending market, Inco-Check said. Boston, Massachusetts-based NGC, founded in 2015, is focused on making investments in health care services, financial services technology, distribution and logistics sectors.

Logistics 358

Logistics Legal Investors Technology 358

Housing Wire

DECEMBER 20, 2022

billion to settle multiple consent orders related to automobile lending, consumer deposit accounts and mortgage lending with the Consumer Financial Protection Bureau (CFPB). . Wells Fargo , the largest depository mortgage lender in America, has agreed to pay a civil penalty of $1.7

Retail 370

Retail Lending Law Mortgage 370

Housing Wire

MAY 18, 2023

“When Guaranteed Rate introduced the world’s first fully digital mortgage in 2015, it revolutionized the industry. “This truly represents a historic milestone in the future of mortgage lending,” Rick Lang , president of Gateless, said.

Real Estate Agent 384

Real Estate Agent Technology Real Estate Realtors 384

Housing Wire

JULY 29, 2021

They further state: “The collapse of the short-term funding structure of nonbanks and some depositories, such as Countrywide Financial , led to rapid losses in liquidity and lending activity. These were 2000-2003, 2004-2008Q2, 2008Q3-2011, and 2012-2015. Specifically, the 1.9 Similar results (2.57

Sellers 421

Sellers Mortgage Business Lending 421

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 171

Government Lending Mortgage 171

Housing Wire

SEPTEMBER 17, 2020

The momentum for non-bank lending is here to stay. LoanDepot, backed by Parthenon Capital Partners, announced plans to go public in September 2015 , but canceled the IPO hours before pricing due to what the company called adverse “market conditions.” “We are the Lyft to their Uber,” Hsieh told Bloomberg. billion.

Market Value 534

Market Value Lending Mortgage Marketing 534

Housing Wire

MARCH 16, 2022

Roostify, a mortgage technology provider, will integrate the solution to its digital home lending platform. Founded in 2015, Maxwell uses artificial intelligence to accelerate the mortgage process for over 300 community lenders, banks, and credit unions.

Technology 376

Technology Real Estate Agent Loan Officers Lending 376

Housing Wire

FEBRUARY 8, 2021

The momentum for non-bank lending is here to stay. Strategies lenders should adopt from direct to consumer lending. Join expert panelists to learn how the pandemic is ushering in a new era of digital lending and leading to the formation of a hybrid lending model. We are the Lyft to their Uber,” Hsieh said. billion to $2.6

Valuation 458

Valuation Retail Lending Real Estate Agent 458

Housing Wire

MARCH 15, 2021

Digital lending software provider Blend announced on Monday that it is expanding its cloud-based platform with the acquisition of Title365 from the Mr. Cooper Group for approximately $422 million, reflecting an enterprise value of $500 million. Cooper’s original name prior to rebranding) in 2015. Streamline by combining services.

Insurance 397

Insurance Lending Real Estate Agent Valuation 397

Housing Wire

NOVEMBER 19, 2021

The agency asks for comment on whether the HMDA rule has “brought greater transparency to the mortgage market,” and whether it helps identify possible discriminatory lending patterns and enforcement of anti-discrimination laws. The agency also uses HMDA data to identify and call attention to systemic issues in mortgage lending.

Lending 367

Lending Modernization Tools Mortgage 367

Housing Wire

OCTOBER 18, 2021

Remine was launched in November 2015 under the name “Real Deal,” before eventually becoming Remine Inc. Building the next generation of tech: Three ways to digitize home lending. Financial details of the joint venture are not being disclosed. million real estate professionals.

Realtors 392

Realtors Technology Real Estate Lending 392

Housing Wire

SEPTEMBER 11, 2020

Between 2015 and 2019, she served as executive vice president of sales and marketing at cloud-based mortgage technology provider Ellie Mae. Elsewhere in mortgage comings and goings, Chris Boyle has been named president of home lending at Roostify , bringing extensive experience in the mortgage lending ecosystem to the position.

Lending 282

Lending Valuation Technology Clients 282

Housing Wire

DECEMBER 21, 2020

Qualia has raised $160 million in venture capital since its founding in 2015. Just a few days ago, Walters Kluwer acquired eOriginal , a cloud-based digital lending software for $280 million. Qualia said on Monday that it was now valued at more than $1 billion following a $65 million Series D funding round, according to reports.

Lending 458

Lending Real Estate Modernization Investors 458

Appraisal Buzz

AUGUST 27, 2021

Alterra Home Loans LLC , an independent mortgage bank headquartered in Nevada, has promoted Marc Hernandez to president following his leadership and contributions as Alterra’s executive vice president of retail lending.

Retail 150

Retail Lending Appraisal Mortgage 150

Housing Wire

MARCH 22, 2022

Founded in 2015, Maxwell uses artificial intelligence to accelerate the mortgage process for over 300 community lenders, banks, and credit unions. Brandt will hold the position in a moment when regulators pressure lenders to collect accurate data to promote fair lending.

Technology 370

Technology Lending Mortgage Government 370

Housing Wire

JUNE 30, 2022

Pennsylvania-based Customers Bank , which has warehouse lending operations located in Hamilton, New Jersey, is listed as the largest unsecured creditor in the FGMC Chapter 11 case — with a claim of $25 million, court pleadings show.

Finance 370

Finance Lending Mortgage Investing 370

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. Ginnie Mae accordingly implored TCB to lend money to RMF. But TCB was hesitant to lend money to a bankrupt company.

Government 385

Government Contracts Finance Lending 385

Housing Wire

AUGUST 17, 2022

The agency initially proposed setting a minimum capital ratio for all non-depositories, regardless of size, of 9%, an increase from the 2015 level of 6%. HousingWire sat down with Newbold Advisors Partner Robert Simpson to learn more mortgage claims in today’s servicing climate. Presented by: Newbold.

Sellers 382

Sellers Government Lending Finance 382

Housing Wire

APRIL 30, 2021

“Having been a preferred lender with LGI Homes since 2015, we have been extremely impressed by each other’s ability to scale while still delivering industry-leading customer service,” said Dan Peña, executive vice president of national joint ventures for loanDepot.

Retail 384

Retail Mortgage Lending Marketing 384

Housing Wire

SEPTEMBER 23, 2020

United Wholesale Mortgage , the largest wholesale lending firm in the country, is joining the blank-check company craze and will make its public debut via an acquisition. Ishbia last week told HousingWire that his wholesale firm was lending in record volumes , thanks in part to a suite of low-rate purchase and refinance products.

Mortgage 542

Mortgage Lending Business Inventory 542

Housing Wire

JULY 27, 2022

The complaint alleged that 64 of Trident’s 68 loan officers in Philadelphia from 2015 to 2019 were white. Out of the 30,701 mortgage applications Trident made from 2015 to 2019 in Philadelphia, 12% came from residents of majority-minority areas, the complaint alleged. According to the complaint, Trident’s peers generated 21.5%

Loan Officers 397

Loan Officers Mortgage Law Contracts 397

JMV Lending

DECEMBER 22, 2022

It launched at the beginning of 2015. appeared first on JVM Lending. 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. As part of the CU […].

Appraisal 78

Appraisal Lending Development 78

Housing Wire

SEPTEMBER 4, 2020

and on July 24 against Sovereign Lending Group, Inc., In 2019, the Federal Trade Commission revealed it had received 163,000 fraud reports from military retirees and veterans since 2015, with an average loss of $950. August 26, the CFPB settled with PHLoans , Inc., The CFPB also announced consent orders on Aug. for similar violations.

Advertising 432

Advertising Lending Mortgage Government 432

Housing Wire

DECEMBER 1, 2020

Flagstar Bank and the FinTech Consortium revealed that fintech startups Home Lending Pal , Stavvy and Real Key are the latest initiates to the companies’ ongoing MortgageTech Accelerator program. RealKey was founded in 2015 by Christopher Hussain, who claims to have been the top mortgage originator in the U.S. in 2010 and 2011.

Mortgage 301

Mortgage Lending Technology Investors 301

Housing Wire

APRIL 1, 2024

Since its founding in 2015, Richards said the majority of feedback from consumers about Flyhomes and its products has been positive, but the firm has struggled to increase its brand and value awareness among consumers. “This assessment is crucial to transition from the bridge loan to refinance after the sale of the departing residence.”

Loan Officers 411

Loan Officers Clients Mortgage Construction 411

Housing Wire

AUGUST 27, 2020

The Fed’s new policy likely will keep its overnight lending rate at its current near-zero level for years as the economy recovers from the recession caused by the COVID-19 pandemic. The central bank used that approach from 2015 to 2018, raising rates nine times as the unemployment rate fell, trying to prevent inflation before it materialized.

Mortgage 496

Mortgage Investors Lending 496

Housing Wire

FEBRUARY 17, 2022

Fairway Independent Mortgage Corporation , Fairway Wholesale Lending and the American Warrior Initiative (AWI) wrapped up last year by granting 16 service dogs to 16 veterans in a timespan of less than one hour. When I began to originate loans for active-duty military clients in Leesville, La.,

Training 355

Training Lending Clients Mortgage 355