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. Godin made plans to relaunch the business in late 2019 as a tech-forward lender that originated loans across both wholesale and retail channels. “And 375% below the market.”

Mortgage 370

Mortgage Loan Officers Retail Training 370

Housing Wire

MAY 7, 2023

2017 99,880 2016 88,105 2015 94,101 As you can see in the chart below, new listing data is very seasonal; we don’t have much time to get some more growth here. Since the entire marketplace is keeping an eye out on credit getting tighter, I will be watching the Senior Loan Officer Opinion Survey on Bank Lending Practices on Monday.

Inventory 483

Inventory Housing Market Marketing New Listings 483

Appraisal Buzz

JUNE 7, 2021

In 2015, I designed the Market Machine, a technological tool used by appraisers and other valuation professionals. Josh : The course is taken by staff of lending institutions and appraisal management companies and centers on the need for companies to meet or exceed clients’ and regulators’ minimum training requirements.

Training 366

Training Reconsideration of Value Valuation Clients 366

Housing Wire

OCTOBER 1, 2022

The complaint filed in federal court on Wednesday alleges that from at least 2015 to 2021, Lakeland failed to provide mortgage lending services to Black and Hispanic neighborhoods in Newark. Federal officials said similar banks generated five times as many loan applications from prospective Black and Latino home buyers as Lakeland.

Law 404

Law Loan Officers Lending Advertising 404

Housing Wire

MAY 1, 2023

The tool is designed to address the issue of sensitive data being handled by lenders and loan officers on a daily basis, including social security numbers, paystubs, and tax returns. Maxwell Single-Sign On allows lending teams to sign in safely and securely using their existing authentication partner.

Tools 393

Tools Loan Officers Mortgage Technology 393

Housing Wire

JUNE 8, 2022

The firm’s software — which it says streamlines the loan origination process by allowing document sharing and communication between loan officers and real estate agents — helped to close more than 77,000 mortgage applications per month, according to Porch. So it’s like middle-office, later stage workflow.

Mortgage 382

Mortgage Technology Loan Officers Investing 382

Housing Wire

AUGUST 31, 2022

The first category is real estate credit, which covers most establishments focused on lending with real estate as collateral. The second category is mortgage and non-mortgage brokers, which includes establishments that facilitate lending by bringing borrowers and lenders together.

Lending 382

Lending Mortgage Real Estate Loan Officers 382

Housing Wire

OCTOBER 7, 2020

“The market remains underserved in the sense that the mortgage lending market has changed so quickly that everyone is still trying to keep up,” Stone said. Another important landmark in 2015 was the addition of WFG Board Member Steve Ozonian as president and CEO. To 2021 and beyond.

Insurance 370

Insurance Real Estate Technology Loan Officers 370

Appraisal Today

JANUARY 12, 2024

I worked for an assessor’s office in the late 1970s where we were making 2% per month time adjustments upward. Since Fannie started focusing on UAD analysis around 2015, losing business because of negative market conditions has almost stopped. For example, to close their “deal” the borrower needs a bridge loan.

Appraisal 67

Appraisal Contracts Mortgage Marketing 67

Housing Wire

MARCH 29, 2022

The three agencies in charge of such reviews — the Federal Reserve , the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency — have not denied a single bank merger in 15 years. And HUD can bring lawsuits claiming bias in mortgage lending. The law also required banks to lend within their communities.

Lending 370

Lending Government Law Mortgage 370

Appraisal Today

OCTOBER 14, 2022

While that number may seem high to some, in the context of lending and property complexities, that is a 54% improvement in performance cited earlier in this article (from 35% 10 years ago). The last one, in September 2015, destroyed nearly 2,000 structures. Is there room for more improvement? To read more, click here.

Appraisal 52

Appraisal Insurance Real Estate Business 52

Housing Wire

FEBRUARY 7, 2022

A spokesperson for HUD said the agency could not discuss investigations or strategy of fair lending enforcement, but said that fair lending is a priority of the Biden-Harris Administration and HUD. In August, HUD Secretary Marcia Fudge signed an agreement with the Federal Housing Finance Agency to strengthen fair lending enforcement.

Insurance 370

Insurance Modernization Lending Mortgage 370