Housing Wire

AUGUST 17, 2022

Struggling digital mortgage lender Better.com is teaming up with secretive big data firm Palantir to create a proprietary loan platform that is says will enable Fannie Mae , Freddie Mac and mortgage investors to make “richer and deeper data-driven mortgage capital allocation decisions.”. million profit during the same period in 2021.

Investors 447

Investors Brokerage Valuation Mortgage 447

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 Servicers must be powered by nimble technology to be heroes to borrowers, stalwarts to investors, and stewards of consumer protection to regulators.

Technology 406

Technology Lending Investors Modernization 406

Housing Wire

MARCH 25, 2024

Betley, who has more than a decade of experience helping first-time and move-up buyers, joined NFM Lending as a loan officer in 2021. Meanwhile, investors are taking steps to acquire the business. In 2019, 4% of her business originated from social media, but from 2020 through 2022, it increased to an average of 30%.

Loan Officers 401

Loan Officers Tools Business Clients 401

Clear Capital

MARCH 27, 2024

ClearAVM’s up-to-date and reliable valuations help property investors and asset managers make more informed investment, management and underwriting decisions with confidence. SFR investors also depend on AVMs to evaluate a portfolio of assets, inform leasing and asset sale decisions and ensure due diligence.

Investors 69

Investors Investing Valuation Real Estate 69

Housing Wire

JANUARY 31, 2022

To win more mortgage business in 2022 and beyond, it’s crucial to offer borrowers the most suitable loan products for their needs at the best prices. Consider the following components when selecting a high-performing PPE in 2022 to enhance your business: Accurate, Fair and Consistent Quotes. Robust and Competitive Product Offerings.

Technology 349

Technology Marketing Mortgage Investors 349

Housing Wire

FEBRUARY 29, 2024

Another loan closing today is for a real estate agent who is an investor and has done many mortgages in the past. Regulators at the Consumer Financial Protection Bureau (CFPB) have expressed growing concerns about fair lending issues associated with pricing exceptions. Fair lending concern To start, here’s how pricing exceptions work.

Loan Officers 419

Loan Officers Mortgage Lending Real Estate Agent 419

Housing Wire

MARCH 23, 2023

Mortgage industry experts believe the current turbulence has potential to hit the jumbo space harder, mainly due to a reduced investor appetite in the secondary market and banks’ tightened financial conditions for borrowers. The leaders in 2022 were Wells Fargo ($45.4 billion in volume), Chase ($38.3

Mortgage 451

Mortgage Government Investors Marketing 451

Housing Wire

MARCH 31, 2022

As the market shifts, interest in non-QM lending from traditional lenders and brokers has increased. Overall, I think the consensus we’re hearing from clients is that the overall non-QM market is going to continue to grow in 2022. And investor guidelines are continually evolving. is just under 10 million, a 4.6% annual increase.

Marketing 362

Marketing Investors Technology Loan Officers 362

Housing Wire

SEPTEMBER 19, 2022

Investors are expecting anything in the range of 75- to 100-basis point hike.”. How will non-QM perform for the rest of 2022? With inflation and rising rates, non-QM lending has spent the last few months in choppy waters, with some lenders closing their doors. Presented by: Acra Lending.

Lending 366

Lending Marketing Mortgage Tools 366

Housing Wire

APRIL 29, 2021

Despite 2020’s pause in originations and securitizations, the 2021 outlook for non-QM lending is promising. Investors are returning to the space with more confidence, and new investors like private equities and insurance companies are showing interest. billion in total securitizations – only a 33% decrease from its 2019 high.

Lending 334

Lending Investors Insurance Marketing 334

Housing Wire

JUNE 8, 2023

It’s been a brutal 15-month period for the housing market since the Federal Reserve began escalating its benchmark interest rate in March 2022 to combat rising inflation. I know everybody was hooked on the cocaine that was 2021 and 2022, and we all love $4 trillion markets, but come on. in 2023, according to Fed staff.

Housing Market 480

Housing Market Marketing Investing Mortgage 480

Housing Wire

SEPTEMBER 20, 2022

HousingWire recently spoke to Donna Gibson, COO and president of QC Ally, about fraud prevention and loan quality outlook for the rest of 2022. HousingWire: In this time of market change and as we head towards the last quarter of 2022, what are the hot topics in risk, fraud prevention and loan quality? increase) and property (22.6%

Marketing 320

Marketing Training Clients Technology 320

Housing Wire

SEPTEMBER 11, 2023

The New York-based independent bank exceeded its 2022 production volume of $400 million in August, but the end goal is far more ambitious: The company is aiming to produce between $3 billion to $5 billion in origination volume annually. Target buyers for Cliffco include non-traditional buyers seeking investor loans.

Loan Officers 404

Loan Officers Agents Retail Technology 404

Housing Wire

JUNE 14, 2023

The Federal Open Markets Committee (FOMC) has decided to pause its rate hikes in June after data that pointed to cooling inflation and the need to assess how much banks have slowed down their lending due to the recent tumult in the sector. However, 60% of these investors bet officials will impose a rate hike at the July 26 meeting.

Mortgage 392

Mortgage Real Estate Investors Marketing 392

Housing Wire

MARCH 1, 2022

News just broke that private equity investor LLR Partners announced strategic investments in two mortgage technology companies — Mortgage Coach and Sales Boomerang ( click here for article ). With efficiency metrics and client outcomes like these it’s no surprise that the company continued to attract capital and investor interest.

Real Estate 352

Real Estate Brokerage Real Estate Agent Technology 352

Housing Wire

APRIL 7, 2021

The Consumer Financial Protection Bureau released a proposed rule on Monday that would bar servicers from starting on foreclosures until 2022. The CARES Act caused some confusion among servicers when it was first passed, however, Stevens worries that a foreclosure halt could potentially hurt relationships with investors long term.

Investors 411

Investors Legal Contracts Government 411

Housing Wire

APRIL 13, 2021

Uncertain borrower income spells risk for lenders and investors, who tend to respond by tightening their underwriting guidelines. The mortgage executives I’ve been speaking with are asking themselves, “what am I going to do later this year and in 2022 when rates tick up and cookie cutter refis are no longer falling from trees?”

Mortgage 452

Mortgage Tools Lending Investors 452

DataMaster

JUNE 15, 2023

Note: This blog post about short-term rentals was originally posted on Class Valuation’s site on May 11, 2022. also known as short-term rentals (STRs) — to claim STR income as part of the borrower qualifications side of the lending decision. This is creating significant friction in the lending environment.

Appraisal 148

Appraisal Tenants Investors Business 148

Housing Wire

DECEMBER 9, 2021

Bond-rating firm Moody’s Investor Service highlights three of Goldman Sachs deals that involved the use of automated underwriting systems (AUS). Now, if you’re talking about a super-jumbos in the $2 million to $5 million range, I think you have to draw a line and say maybe it’s not the best evaluation tool for those borrowers.”.

Mortgage 417

Mortgage Marketing Tools Investing 417

Cleveland Appraisal Blog

NOVEMBER 3, 2022

Most appraisers are experiencing a significant slowdown in mortgage lending work due to rapidly increasing mortgage rates which are slowing down the housing market. I have seen a slowdown in my lending work also. Half my work is non-lending work, and that’s been a blessing. It also offers a lot of other great tool options.

Business 395

Business Appraisal Real Estate Agent Clients 395

DataMaster

JUNE 15, 2023

Note: This blog post about short-term rentals was originally posted on Class Valuation’s site on May 11, 2022. also known as short-term rentals (STRs) — to claim STR income as part of the borrower qualifications side of the lending decision. This is creating significant friction in the lending environment.

Appraisal 78

Appraisal Tenants Investors Business 78

Housing Wire

MARCH 28, 2022

Now, after two years of drinking from a firehose, mortgage lenders must pivot once again to succeed in the vastly different lending landscape that lies ahead. in 2022, representing a decline in volume from $3.9 trillion in 2022. trillion in 2021 to $2.6

Marketing 357

Marketing Real Estate Agent Business Transportation 357

Clear Capital

JUNE 28, 2022

Self-Serve APIs Will Enable Faster Adoption, More Control for Lenders, Investors and System Providers. Reno, NV — June 28, 2022 — Clear Capital , a national real estate valuation technology company, today announced the launch of two Application Programming Interfaces (APIs), Property Valuation API and Risk Assessment API.

Valuation 69

Valuation Modernization Real Estate Investors 69

Listing Spark

DECEMBER 15, 2022

Brandon Smith, who has over 13 years of investing and lending experience, specializes in owner financing and has developed a successful system for sourcing deals and minimizing risk. In this episode, we’ll learn more about his approach, how he finds and closes deals, and best practices for working with banks and private investors.

Finance 36

Finance Investing Real Estate Lending 36

On Q Financial

JANUARY 6, 2022

The Federal Housing Finance Agency (FHFA), Federal Housing Administration (FHA), and Veterans Administration (VA) have all announced new conforming loan limits for 2022. They are responsible for reimbursing investors, so acquiring too many high-value loans might jeopardize the agency’s financial stability. Baseline Loan Limit.

HOA 36

HOA Finance Design Government 36

Housing Wire

JANUARY 30, 2024

Market observers say if rates do stay higher for longer, that will continue to build pressure for many nonbanks to use MSRs as a liquidity tool in managing their balance sheets — which will promote healthy MSR trading volume. Redfin reports that nearly 79% of homeowners now have rates under 5%.

Marketing 378

Marketing Mortgage Sellers Buyers 378

On Q Financial

JANUARY 7, 2022

The Federal Housing Finance Agency (FHFA), Federal Housing Administration (FHA), and Veterans Administration (VA) have all announced new conforming loan limits for 2022. They are responsible for reimbursing investors, so acquiring too many high-value loans might jeopardize the agency’s financial stability. Baseline Loan Limit.

HOA 28

HOA Finance Design Government 28

Listing Spark

AUGUST 11, 2022

For those that haven’t been a real estate investor before, hard money lending may be confusing. We’ll dive into hard money lending with Romney Navarro, CEO of Streamline Funding which is a Texas-based private lending company. Romney says that if you’re a first time investor or new builder, you need to find a partner.

Real Estate 36

Real Estate Investors Lending Investing 36

Clear Capital

MARCH 17, 2022

From informing medical diagnostics to measuring investor sentiment, using technology to scan images has brought revolutionary advancements across fields. Appraisal photos help lenders verify the condition of the property and ensure the value is supported in line with their investor guidelines. Copyright © 2022 Clear Capital.

Real Estate 69

Real Estate Appraisal Technology Development 69

Housing Wire

MARCH 3, 2022

A vertical which has seen a strong digital push is mortgages, with consumers, lenders and other agents increasingly using online tools and services to apply for and process home sales. Morty also recently raised a $25 million Series B from leading investors March Capital , Rethink Impact , Thrive Capital , Prudence and Lerer Hippeau.

Mortgage 308

Mortgage Technology Real Estate Investing 308