Housing Wire

MARCH 15, 2023

The AI-powered language tool has been sparking conversations about where and how it can be used to make work more efficient, and the mortgage business is no exception. ChatGPT was launched in November 2022 by OpenAI. The tool has been trained on millions of pages of writing dating from 2021 and earlier across the internet.

Tools 337

Tools Training Business Development 337

Lamacchia Realty

APRIL 13, 2022

We are proud to share that long time employee, Nicole Leblanc, has been promoted to the role of Business Development Manager. Nicole has worked in the Business Development Department since early 2019, prior to that Nicole was a REALTOR with the company. Vice President of Business Development. “I Director of Business Development.

Development 69

Development Business Realty Realtors 69

Housing Wire

MARCH 6, 2024

Follette, who joined Pennymac 12 years ago, became the company’s senior managing director and chief mortgage operations officer in 2022. He will be responsible for developing a road map to expand Pennymac’s proprietary servicing platform, Servicing Systems Environment (SSE).

Technology 385

Technology Retail Contracts Tools 385

Housing Wire

SEPTEMBER 28, 2023

“We were completely blown away by the tools and technology and the culture of RE/MAX,” Owen Boone, RE/MAX Foxfire’s vice president and director of operations, said in a statement. RE/MAX Foxfire has 165 agents , who collectively closed nearly $400 million in sales volume in 2022, according to the brokerage.

Brokerage 367

Brokerage Technology Agents Training 367

Housing Wire

JANUARY 18, 2024

This is an encouraging development for the housing market and in particular first-time homebuyers who are sensitive to changes in housing affordability. More than 57% of investors have priced in at least a quarter-point cut in March, according to the CME Group’s FedWatch tool. The Fed next meets on Jan.

Mortgage 529

Mortgage Inventory Retail Construction 529

Housing Wire

JANUARY 16, 2024

Ginnie Mae intends to develop a new reverse mortgage-backed security product enabling the acquisition of loans from an HMBS pool above the existing 98% maximum claim amount (MCA) requirement, according to a new announcement.

Mortgage 389

Mortgage Development Government Tools 389

McKissock

JUNE 17, 2022

As of mid-March 2022, banks and mortgage lenders can now use desktop appraisals in place of traditional appraisals for qualifying Fannie Mae or Freddie Mac backed mortgages. Below are five remote inspection tools worth looking into. Another virtual inspection tool is HomeView by ValueLink, launched in July 2020. OwnerInsight.

Inspection 75

Inspection Tools Appraisal Technology 75

Housing Wire

MAY 24, 2022

Lenders also mentioned concerns and roadblocks with adopting new appraisal modernization tools. Some of the biggest challenges listed by lenders include: speed, or lack thereof, of industry implementation and integrating these tools with loan origination systems. The policy now expires on December 31, 2022.

Modernization 480

Modernization Appraisal Lending Investing 480

Housing Wire

JANUARY 4, 2024

While home equity can certainly be a beneficial tool for some seniors to deploy, it will not always be a definitive answer for every senior’s needs. HUD issued $15 million grants in mid-2022 and early 2023 designed to help with health and safety home repairs for low-income seniors. Over the past couple of years, the U.S.

Renovations 326

Renovations Investing Finance Design 326

Housing Wire

DECEMBER 6, 2022

Calyx has developed a new third-party origination (TPO) functionality for Path Software called Path TPO, the company announced Tuesday. In August 2022, it enhanced its point-of-sale platform Zip, with new features for loan originators. It is included in Calyx’s solutions like Zenly and Path.

Clients 340

Clients Tools Development Mortgage 340

Housing Wire

MARCH 29, 2023

In 2022, they were the recipients of an MLK grant which will be used to fund their youth development initiative. The MLK grant we received last year is helping to enhance our youth development initiatives in the Houston area. HW: Which of Hope Through Housing’s Accomplishments this past year are you most proud of?

Property Management 364

Property Management Training Development Transportation 364

Housing Wire

OCTOBER 6, 2022

The platform was designed and developed using direct broker feedback, which shaped our workflow and functionality,” said Kim Nichols, senior managing director of Pennymac TPO. The POWER+ platform’s tools also ensure URLA accuracy before submission, the California-based firm said. In all, it laid claim to 2.2%

Tools 335

Tools Technology Business Design 335

Housing Wire

JANUARY 17, 2024

Did you know that in 2022, both younger and older Baby Boomers made up the largest generation of American homebuyers? The HECM for Purchase is not a refinancing tool; it is not akin to a Home Equity Line of Credit ( HELOC ). This cohort accounted for 1,950,000 properties — equating to 39% of total homes purchased!

Finance 437

Finance Real Estate Agent Real Estate Insurance 437

Housing Wire

APRIL 1, 2024

In March 2022, reverse mortgage lender and servicer Longbridge Financial announced the launch of its national field sales (NFS) division , appointing reverse mortgage industry veteran Melanie Parks to lead the channel as vice president and national field sales leader. Two years later, the UPB has diminished right.

Loan Officers 348

Loan Officers Training Business Retail 348

Housing Wire

SEPTEMBER 18, 2023

According to the FBI’s 2022 Internet Crime Report , the problem is only worsening, with an 86% increase in monetary losses in the real estate industry since 2020. According to the 2022 FBI report , phishing is the most prevalent tactic used for wire fraud today, affecting over 300,000 victims. billion in 2022.

Real Estate 371

Real Estate Clients Realtors Business 371

Housing Wire

JANUARY 13, 2023

This article is part of our 2022 – 2023 Housing Market Update series. 2022 marked a unique time for homebuilders. of builders who experienced an increase in their sales revenue in 2022. homebuilders relied on subcontractors to manage their business in 2022. This number is expected to increase to 72% in 2023.

Marketing 454

Marketing Contracts Supply Chain Project Management 454

Housing Wire

JUNE 5, 2023

Stoy’s expertise has been recognized as he was named a UWM Top 1% Broker and a Top-100 Purchase LO with UWM in 2022. I’m incredibly excited to see what they’re able to achieve with the tools and resources available at UMortgage!”

Mortgage 344

Mortgage Brokerage Retail Tools 344

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 316

Logistics Legal Investors Technology 316

Housing Wire

SEPTEMBER 28, 2023

Since ICE announced plans to acquire Black Knight in May 2022, the firm went through a bumpy 16-month-period facing antitrust concerns from the Federal Trade Commission (FTC), lawmakers and trade groups. ICE affirmed that Optimal Blue is still available to its customers, who are the largest consumers of Optimal Blue Solutions.

Technology 376

Technology Valuation Mortgage Development 376

McKissock

OCTOBER 5, 2021

The official 2022-2023 Online Update Course for Uniform Standards of Professional Appraisal Practice (USPAP) is now available online. The Foundation is pleased to once again partner with McKissock to develop online versions of the real property 2022-2023 7-Hour National USPAP Update Course. “The

Appraisal 78

Appraisal Development Tools Real Property 78

Housing Wire

JUNE 5, 2023

As the top mortgage lender, we are always building, growing and improving broker tools on a daily basis. In fact, in 2022, over 20,000 loan officers joined the wholesale channel. And those tools are just the start. These tools come at no cost to the originator, which is a huge cost savings to the broker as well.

Mortgage 355

Mortgage Retail Lending Loan Officers 355

Housing Wire

APRIL 27, 2022

Nominations for HousingWire’s Women of Influence award are now open through Friday, April 29, 2022. Between their expertise and access to tools, they’re the right people for the job and will come out on top on the other side of the purchase market.”. Click here to nominate someone you know — it can even be you!

Marketing 369

Marketing Tools Development Training 369

Appraisal Today

JULY 14, 2023

What tool do you prefer to use when measuring a house? No (or Limited) Discrimination Coverage This one is a problem that has only developed recently — within the last two years — as more and more appraisers are facing discrimination complaints and claims. Phone app. – The jumbo rate also increased to 7.04

Tools 76

Tools Appraisal Insurance Contracts 76

Housing Wire

FEBRUARY 19, 2024

Conversely, slowing home price appreciation can help accelerate the rate of lost equity as it did in 2022, when distressed homeowners lost an average of $1,453 a month. And when home price appreciation slows or goes negative, as it did for a few months in 2022, the home equity hole is dug faster. Of more than 8.7

Real Estate 405

Real Estate Property Taxes Insurance Government 405

Housing Wire

NOVEMBER 17, 2021

HousingWire recently sat down with Eric Lee , the Senior Vice President of Product Development at DataVerify , to talk about what he sees as the challenges facing lenders today when it comes to figuring out the best way to implement automation solutions and get the best ROI possible. But the reality is they need it now more than ever.

Tools 395

Tools Technology Training Design 395

Housing Wire

DECEMBER 4, 2023

Housing Forward’s job is to ensure the homeless are not left behind in that game by providing them the tools and assistance necessary to effectively find and compete for scarce housing. Over the past three decades, DCH has developed more than 2,400 safe and affordable rental units in some of the most distressed areas of Dallas.

Development 385

Development Property Management Government Training 385

Housing Wire

JANUARY 25, 2023

In July 2022, Clear Capital rolled out two application programming interfaces (APIs) — a property valuation API and risk assessment API — to make adopting and deploying modern valuation solutions easier, leading to faster loan closings.

Valuation 390

Valuation Technology Modernization Appraisal 390

Lamacchia Realty

MAY 20, 2022

The Boston Business Journal has named Lamacchia Realty to its exclusive 2022 Fast 50 list, which represents the 50 fastest-growing private companies in Massachusetts. In 2022, Lamacchia Realty ranked 16th on the Fast 50 List with 274.39% growth! Lamacchia Realty continues to show signs of continued growth in 2022. May 20, 2022.

Realty 68

Realty Business Renovations Realtors 68

Housing Wire

APRIL 18, 2024

The loan repurchase trend that began to sting many mortgage originators in 2022 appears to finally be winding down, according to a recent report by Sterling Point Advisors and Augment Analytics. He stressed that the AI system is still in development and not in general use at this point.

Investors 380

Investors Technology Mortgage Training 380

Housing Wire

DECEMBER 21, 2021

Higher inflation, post-pandemic economic recovery and a reduction in Federal Reserve stimulus incentives are key economic factors expected to put upward pressure on interest rates as we move into 2022 — increasing the already stiff competition among mortgage lenders. But as rates rise, refinancing is expected to decrease. trillion in 2023.

Mortgage 359

Mortgage Tools Lending Development 359

Housing Wire

MAY 24, 2021

The company says the round is the largest Series A for a New England fintech and it plans to use the capital to double or even triple its staff by the first quarter of 2022. “We COVID19 certainly accelerated development and focus on servicing, coming out of 2019 with record low default and foreclosure.”.

Technology 374

Technology Lending Investors Modernization 374

Housing Wire

MARCH 25, 2022

This week’s HW+ member spotlight features Arjun Dhingra, who serves as sales and business development at All Western Mortgage. HousingWire: What is your most useful tech tool? Arjun Dhingra: My most useful tech tool is my social media (all of it). To learn more about HW Annual 2022, click here.

Inventory 347

Inventory Technology Real Estate Agent Tools 347

McKissock

JANUARY 25, 2022

In this webinar recording, Anow’s President Marty Haldane discusses what pieces of data will help you better understand your business, what tools and tech you need to make sure you’re turning your appraisal efforts into cash, and what parts of the appraisal process Anow software covers. Fannie Mae Q4 2021 Appraisal Update.

Appraisal 87

Appraisal Real Estate Appraisal Process Tools 87

Housing Wire

JANUARY 18, 2023

Appraisals have gotten a lot of attention due to that and much of what we saw in 2022 were reactions to what we deemed as an untenable situation with appraisers. To make it worse for them, they are not large enough for technology companies to truly invest in the right tools for them to be more efficient. B) Property intelligence.

Appraisal 363

Appraisal Reconsideration of Value Appraisal Process Technology 363

Lamacchia Realty

DECEMBER 4, 2021

John Millen and Patrick Kennedy have both been named Directors, and Michelle Wesson has been named an Alternate for the 2022 year! He shifted his work to the Company’s Business Development team in 2018 and in 2019 and was promoted to Business Development Manager. John will be a Director for the 2022 year. lead products ,?

Realtors 69

Realtors Realty Government Development 69

Housing Wire

MARCH 23, 2023

Department of Housing and Urban Development (HUD) Secretary Marcia Fudge and White House Domestic Policy Advisor Ambassador Susan Rice, the PAVE task force revealed its action plan one year ago and claims that its efforts have amounted to “critical progress” in its efforts to make the homebuying process more equitable for people of color.

Appraisal 356

Appraisal Reconsideration of Value Valuation Training 356

Housing Wire

APRIL 20, 2021

Once again, Google grabbed headlines in March 2021 when they emphasized that the code would cease to exist across its platforms by 2022. Adding gas to the fire, Google acknowledged that they would not develop alternate identifiers to track individuals browsing the web or use them in their products.

Real Estate 407

Real Estate Mortgage Loan Officers Advertising 407