Housing Wire

DECEMBER 14, 2022

Mortgage Industry Standards Maintenance Organization (MISMO), the organization tasked with developing standards for the mortgage finance industry, appointed vice president of operations Jan Davis as its acting president. Mortgage Insurers (USMI) as its president in 2023.

Development 321

Development Insurance Finance Mortgage 321

Housing Wire

MARCH 17, 2023

Future development projects will follow this collaborative approach with our clients and strategic partners. The company debuted in August 2020 with a mission to automate much of the underwriting process when making income, asset and lending decisions. In August 2021, Candor raised $12.5

Mortgage 313

Mortgage Clients Technology Development 313

Housing Wire

NOVEMBER 15, 2022

Department of Housing and Urban Development (HUD) and the Federal Housing Administration (FHA) noted in a briefing on Tuesday that it managed to record another banner year for the Mutual Mortgage Insurance (MMI) Fund. We are not announcing a mortgage insurance premium change today,” Gordon said. “I

Insurance 367

Insurance Mortgage Development Housing Market 367

Housing Wire

FEBRUARY 24, 2022

Another “Big Four” title insurer announced its fourth quarter earnings and yet again the numbers reached historic highs. billion coming from direct title premiums, a 21% increase of the fourth quarter of 2020. billion for 2021, a 49% increase over a year prior. billion, with $1.0 in Q4 and 21.7% for the full year.

Insurance 348

Insurance Investors Development Technology 348

Housing Wire

APRIL 13, 2023

Sahi will be involved in all aspects of the corporate strategy, business development, sales and account management, the firm said Thursday. Ellie Mae was acquired by Intercontinental Exchange (ICE) in September 2020.

Technology 244

Technology Mortgage Insurance Clients 244

Housing Wire

JUNE 30, 2023

million to settle allegations that it improperly originated and underwrote mortgages insured by the Federal Housing Administration (FHA) and Department of Veterans Affairs (VA) programs. Therefore, lenders must follow FHA and VA rules to ensure only loans that meet credit and underwriting criteria are insured or guaranteed by the government.

Government 368

Government Insurance Mortgage Legal 368

Housing Wire

JULY 18, 2022

The Federal Housing Administration ’s (FHA) decision to withhold a mortgage insurance premium cut has confounded mortgage policy experts and industry stakeholders. The connection between the upfront, annual and life-of-loan fees FHA borrowers pay and funding for, say, community development block grants, is not immediately apparent.

Insurance 425

Insurance Transportation Mortgage Government 425

Housing Wire

JUNE 16, 2023

Department of Housing and Urban Development (HUD)’s Office of the Inspector General (OIG). “[The] Since the pandemic began in March 2020, mortgage servicers provided payment relief to nearly 8 million borrowers via forbearance.

Insurance 332

Insurance Mortgage Development 332

Housing Wire

NOVEMBER 15, 2021

The reverse mortgage portion of the Federal Housing Administration’s Mutual Mortgage Insurance Fund (MMIF) has reached a positive capital ratio on the overall government-backed portfolio, according to an annual actuarial review of the fund’s finances and FHA’s Annual Report to Congress, both released Monday morning.

Mortgage 315

Mortgage Insurance Finance Development 315

Housing Wire

NOVEMBER 29, 2021

The CLP forms a contract between a title insurance underwriter and a lender, in which the underwriter agrees to indemnify the lender for actual losses caused by certain types of misconduct by the closing agent, while the Title Commitment is a promise from your title company to issue the title insurance policy after the closing is completed.

Insurance 308

Insurance Real Estate Agent Brokerage Agents 308

Housing Wire

MARCH 31, 2021

In March 2020, the CFPB announced it would no longer require certain lenders to report quarterly information under HMDA, however, now the agency is instructing all financial institutions to do so beginning with their 2021 first-quarter data due by May 31. .” How servicers can stay ahead of Biden’s potential regulatory changes.

Insurance 406

Insurance Appraisal Development Lending 406

Housing Wire

APRIL 26, 2023

Since the pandemic began, the FHFA has enabled lenders to complete more than 1 million payment deferrals, with roughly one-third of all homeowners exiting forbearance via payment deferrals since 2020. million homeowners with COVID-19 pandemic forbearance programs since March 2020.

Insurance 300

Insurance Mortgage Government Investors 300

Housing Wire

JUNE 1, 2022

For the first time, the ALTA Registry will provide data on individual title insurance and settlement services companies, identified by an ALTA ID. It’s crucial that the title insurance industry urge progress and innovation in the digital closing space.

Insurance 370

Insurance Real Estate Agents Technology 370

Housing Wire

JUNE 16, 2021

Jim Campbell, Title Alliance chief executive officer, said the company wanted to continue growth in Washington thanks to the state’s unprecedented level of industry activity beginning in 2020. With its bustling real estate market, the Tacoma area is ripe for further growth and development,” Campbell said. year over year.

Realty 210

Realty Insurance Realtors Real Estate 210

Housing Wire

JUNE 8, 2021

EnerBank says it works with 10,000 contractors and develops personalized loan programs for their clients. EnerBank funds most of its loans on its balance sheet through FDIC -insured brokered CDs; it also charges fees to the contractors. billion in volume in 2020. in 2021 to $433 billion. in 2021 to $433 billion.

Renovations 330

Renovations Home Improvement Marketing Finance 330

Housing Wire

JANUARY 28, 2021

The app also lists any local laws protecting renters who use veteran’s benefits or Social Security insurance payments to pay their rent. The Department of Housing and Urban Development attempted to crack down on landlord discrimination back in 2018.

Landlords 462

Landlords Tenants Law Legal 462

Housing Wire

JULY 2, 2021

Title insurance provider First American Financial Corporation announced the acquisition of Texas-based Georgetown Title , a company with roots planted in the Lone Star State over 125 years ago. billion underwritten by title insurers in 2020 was a 22% increase from $15.8 billion in 2019.

Insurance 221

Insurance Clients Development Technology 221

Housing Wire

MARCH 31, 2022

WFG National Title Insurance Company (WFG) is a wholly owned subsidiary of Williston Financial Group and a national title insurance underwriter dedicated to taking time and cost out of real estate transactions. DecisionPoint offers immediate title clearance for about a third of U.S. properties.

Real Estate 324

Real Estate Human Resources Technology Clients 324

Housing Wire

JUNE 8, 2021

Take a look at some of the 2020 honorees who helped to keep their companies on track during an unpredictable time in housing: Katie Maxson , NotaryCam ‘s Product Quality Assurance and Compliance Lead put her problem-solving skills to the test when COVID-19 created internal challenges within her organization.

Real Estate 218

Real Estate Development Insurance Government 218

Housing Wire

MARCH 8, 2023

Servicers also collected money for fake private mortgage insurance (PMI) premiums that homeowners did not owe in their monthly statements, the CFPB said. CARES Act mortgage forbearance covered not only a mortgage’s principal and interest but also stopped servicers from charging late fees during the period of forbearance,” the CFPB said.

Mortgage 300

Mortgage Inspection Law Contracts 300

Housing Wire

OCTOBER 7, 2021

Georganne Youngclaus, the former marketing director at RealFi, filed a civil lawsuit against a group of top male executives at the lender, alleging that they engaged in “severe and pervasive patterns of mentally and physically abusive conduct” from May 2016 through July 2020. rebranded to RealFi in August 2020.

Insurance 283

Insurance Mortgage Clients Development 283

Housing Wire

NOVEMBER 10, 2021

Servicers have had sufficient time to adjust their operations by taking steps to work with consumers affected by the Covid-19 pandemic and developing more robust business continuity and remote work capabilities,” the agencies said in a statement.

Mortgage 389

Mortgage Law Insurance Government 389

Housing Wire

AUGUST 8, 2022

Dave Applegate, a board member since 2020, has been named the company’s chairman. Chief Operating Officer Rob Lux was named co-CEO for operations, technology, business development, client management, human resources, and legal. Tornquist served the company for 35 years and became CEO in 2008.

Human Resources 321

Human Resources Legal Finance Insurance 321

Housing Wire

NOVEMBER 11, 2021

The Title I program insures mortgage loans made by private lending institutions to finance the purchase of a new or used manufactured home.). With renewed attention towards the manufactured housing space, the FHA moved this week to provide updated guidance to its Title I loan program, making it easier to understand and use for lenders.

Finance 446

Finance Valuation Insurance Lending 446

Housing Wire

MAY 24, 2022

Indecomm, founded more than 25 years ago, has more than 200 mortgage industry customers, including large and mid-sized lenders, servicers and mortgage insurers, according to its website.

Mortgage 323

Mortgage Insurance Development Technology 323

Housing Wire

MAY 10, 2022

In the end, some $850,000 in claims had to be paid on defaulted government-backed mortgages insured by the Federal Housing Administration (FHA). Year over year as of Q4 of last year, the index was up 26.7% — from 109 in Q4 2020. Following is a breakdown of SARs filings by institutional category for 2021, compared with 2020.

Mortgage 377

Mortgage Marketing Finance Insurance 377

Housing Wire

MARCH 8, 2022

Like many mortgage lenders, Better.com made a killing in 2020 thanks to low rates and a homeowner rush to refinance, but latter half of 2021 and 2022 have not been as kind. The reputational damage from the December layoffs also hinders the company’s ability to develop relationships that lead to purchase business. “As

Insurance 452

Insurance Mortgage Real Estate Development 452

Housing Wire

AUGUST 23, 2023

” Better is partnering with other businesses to offer services such as homeowner’s insurance and to provide access to a network of real estate agents, rather than offering these products and services directly to borrowers. The company went from a $500 million profit and 11,000 employees in 2020 to only 950 employees by June 2023.

Realtors 351

Realtors Technology Insurance Mortgage 351

Simonson Real Estate

JANUARY 23, 2020

I attended the 2020 Minneapolis/St. Paul Commercial Real Estate Valuation and Appraisal Forecast Summit held at the Golden Valley Country Club on Friday, January 17, 2020. This article shares the best insights and trends from 2019 and expectations into 2020. Midway Field, with Allianz Field development. New Supply.

Real Estate 78

Real Estate Tenants Retail Valuation 78

Housing Wire

OCTOBER 20, 2021

Goldstein founded StoicLane in September alongside Matt Foran and Jake Nice to invest in finance, insurance, and real estate businesses. On Monday, the Federal Housing Finance Agency (FHFA) said that desktop appraisals, temporary flexibility implemented in March 2020 amid lockdowns, will become permanent.

Appraisal 348

Appraisal Valuation Appraisal Process Finance 348

Housing Wire

AUGUST 20, 2020

Azevedo initially joined HW Media in June 2020 as Fintech Editor for HousingWire, and was quickly identified as the right talent to lead the launch of FinLedger as managing editor. . FinLedger officially launched on August 17, 2020. The appetite for quality journalism specific to the fintech industry is great. About FinLedger.

Real Estate 237

Real Estate Technology Design Insurance 237

Housing Wire

MAY 26, 2021

After reading the recent report from the Federal Housing Finance Agency on the performance of Fannie Mae and Freddie Mac’ s credit risk transfer programs, anyone unfamiliar with the purposes of CRT might understandably conclude that the GSEs vastly overpaid capital market investors and insurance providers to transfer credit risk off their books.

Insurance 279

Insurance Investors Design Finance 279

Housing Wire

OCTOBER 21, 2021

The company last announced a funding raise in November 2020 , when it secured $40 million from First American. The Los Angeles-based startup was designed and developed in a collaboration with BCG Digital Ventures , a global corporate venture, investment and incubation arm of the Boston Consulting Group.

Real Estate 342

Real Estate Investing Development Design 342

Housing Wire

AUGUST 14, 2020

But the pace of Fannie Mae and Freddie Mac ’s eventual exit from conservatorship is accelerating, with the development of the capital rule and retention of financial advisors. Yet, developments are accelerating. CHLA did this not because capital levels aren’t important; they are. CHLA agrees.

Mortgage 328

Mortgage Insurance Development Government 328

Housing Wire

DECEMBER 21, 2020

She ensured the association continued to provide networking and educational opportunities to the title insurance industry within the new platform. After the onset of the pandemic, Gottheim helped ensure the title insurance industry was deemed an essential business. WFG reports its highest volume months ever during Q2 and Q3 of 2020.

Insurance 225

Insurance Government Advertising Legal 225

Housing Wire

JUNE 23, 2021

from April 2020 to April 2021, with the median home price surging by more than $20,000. Municipal regulations, such as zoning restrictions, costly permitting and minimum lot sizes, must be reformed to expand developable land and reduce timelines and costs. According to the Radian Home Price Index , home prices rose 9.2%

Housing Market 381

Housing Market Marketing Construction Insurance 381

Housing Wire

APRIL 7, 2022

Better.com made a killing in 2020 thanks to low mortgage rates and a homeowner rush to refinance, but the second half of 2021 and the first quarter of 2022 have not been as kind. The reputational damage from the December layoffs also hinders the company’s ability to develop relationships that lead to purchase business.

Business 386

Business Mortgage Insurance Investors 386