Housing Wire

JULY 1, 2022

Connecting with clients and consumers has never been an easy task, and today’s market has been no exception. Tasked with an endless list of functions, this year’s 2022 Marketing Leaders did it all despite market turmoil. VP, Marketing & Growth. Vice President, Marketing & Communications. Alan Parris.

Marketing 382

Marketing Realty Real Estate Lending 382

Housing Wire

MARCH 14, 2024

Nonbank mortgage originator Change Lending will become a member of the Federal Home Loan Bank of San Francisco (FHLB-SF). We welcome a partnership with the FHLB-SF to enhance our strength and reach as America’s CDFI,” said Steven Sugarman , founder of the Change Company, the parent company of Change Lending. “We

Lending 348

Lending Renovations Legal Real Estate 348

Housing Wire

DECEMBER 8, 2022

Lending standards loosened in November for the first time in nine months as mortgage rates remaining elevated and the housing market slowed further, the Mortgage Bankers Association (MBA) said on Thursday. While mortgage rates are expected to drop lower in 2023, the forecast for the housing market is expected to get gloomier next year.

Housing Market 357

Housing Market Lending Mortgage Marketing 357

Housing Wire

JUNE 20, 2023

Mike Cagney’s Figure Technologies rolled out a wholesale lending platform that will give loan originators access to the company’s home equity line of credit (HELOC) offering. In terms of dollar volume, there was an estimated $251 billion in HELOC originations during all of 2022, up from $182 billion in 2021.

Technology 317

Technology Lending Housing Market Investors 317

Housing Wire

AUGUST 1, 2023

billion in new mortgages for apartment buildings with five or more units in 2022, a reduction of around 1% when compared to 2021 levels. This is according to an annual report of the multifamily lending market compiled and released by the Mortgage Bankers Association (MBA).

Lending 279

Lending Government Real Estate Mortgage 279

Housing Wire

MARCH 12, 2024

nonbank mortgage lenders continue to gain market share as the industry consolidates and a number of smaller players exit the space due to a lack of strong franchises to retain sufficient volume, Fitch Ratings reported Tuesday. Last year, Homepoint shut down operations, while Wells Fargo closed its correspondent lending business.

Mortgage 434

Mortgage Marketing Retail Lending 434

Housing Wire

APRIL 14, 2022

Consolidation in the mortgage industry is likely in 2022, analysts and lending executives said. “I had not done first mortgage lending before, but I was familiar with the basics of real estate lending. “I had not done first mortgage lending before, but I was familiar with the basics of real estate lending.

Mortgage 519

Mortgage Marketing Retail Lending 519

Housing Wire

MARCH 8, 2022

In its second year, HousingWire’s Marketing Leaders award is honoring the most creative and influential marketing minds of the housing economy. Eligible nominees include CMOs (or equivalent title) in mortgage lending, servicing and real estate. The post Nominations for the 2022 Marketing Leaders are open!

Marketing 334

Marketing Lending Real Estate Mortgage 334

Housing Wire

NOVEMBER 10, 2023

With soaring home prices and mortgage rates putting a damper on the market for new home loans and refinancing options, it’s a challenging time for homebuyers and lenders alike. And that offers an incredible opportunity for banks and non-banks alike to improve their digital channels to better support home equity lending.

Lending 365

Lending Tools Inventory Renovations 365

Housing Wire

MAY 7, 2024

Carrington Mortgage Services (CMS) hired Steven Winokur to serve as vice president of marketing for third-party originations (TPO), the company announced Tuesday. It is licensed to lend in 48 states. Department of Agriculture ( USDA ) programs. Headquartered in California, the company services loans in all 50 states and Puerto Rico.

Marketing 318

Marketing Retail Lending Investing 318

Housing Wire

DECEMBER 16, 2021

Let’s not forget the substantial fiscal and monetary policy that provided extraordinary levels of support for households, businesses, and markets here and abroad. The main takeaway from Mortgage Bankers Association forecast is that we see 2022 as a transition year, moving from a refinance market to a purchase market.

Marketing 448

Marketing Mortgage Supply Chain Inventory 448

Housing Wire

NOVEMBER 14, 2022

Full-service mortgage lender Nations Lending and local Indiana real estate firm Carpenter Realtors launched a joint venture, Commitment Mortgage , in order to offer an end-to-end experience — from finding a home to closing a loan in a cooled-down housing market. “We trillion in 2022, down from the previous year’s $4.4

Lending 321

Lending Realtors Real Estate Agent Mortgage 321

Housing Wire

AUGUST 15, 2022

In the face of a declining mortgage market and heightened regulatory scrutiny, Wells Fargo , the country’s largest depository mortgage lender by volume, is planning for a smaller footprint in correspondent lending and third-party servicing business. billion as of the quarter ended June 30, 2022.

Lending 370

Lending Business Finance Retail 370

Appraisal Buzz

JANUARY 12, 2022

Commercial and multifamily mortgage originators anticipate 2022 will be another strong year of borrowing and lending, according to the Mortgage Bankers Association ‘s (MBA) 2022 Commercial Real Estate Finance (CREF) Outlook Survey.

Lending 195

Lending Real Estate Finance Appraisal 195

Housing Wire

OCTOBER 12, 2022

Homepoint declined to comment on the credit line terminations, but has been open about shrinking its footprint as the mortgage market contracts from about $4 trillion to roughly $1.6 In response to the current market headwinds, Michigan-based lender Homepoint shrunk its employee headcount dramatically. trillion this year and $1.3

Lending 355

Lending Contracts Finance Mortgage 355

Housing Wire

JANUARY 27, 2023

Most retail lenders are desperately seeking high producing loan originators to make up for the losses that occurred in 2022. California-based retail lender JVM Lending plans to drum up business this year — but by doing the exact opposite. Back in the 2007-2009 meltdown, we had loan officers with us at that time.

Lending 367

Lending Real Estate Agent Loan Officers Retail 367

Housing Wire

JULY 6, 2022

As recession talk becomes more prevalent, some people are concerned that mortgage credit lending will get much tighter. One of the biggest reasons home sales crashed from their peak in 2005 was that the credit available to facilitate that boom in lending simply collapsed. The short (and long) answer is no, not a chance.

Lending 477

Lending Mortgage Business Inventory 477

Housing Wire

JULY 18, 2022

The residential mortgage-backed securities (RMBS) market is reeling from an unfavorable interest-rate environment, which is expected to suppress private-label securities offerings for at least the rest of the year, a recent market outlook report concludes.

Marketing 341

Marketing Investors Mortgage Lending 341

Housing Wire

MAY 17, 2023

Recent home price declines are leading to decreased tappable equity, but there are still opportunities in home equity lending, according to a report published by Home Equity Lending News. There was no change in the HELOC 90-day delinquency rate from the third quarter to the fourth quarter of 2022, standing at around 0.24%.

Lending 330

Lending Valuation Mortgage Government 330

Housing Wire

MARCH 6, 2024

Guaranteed Rate hired Bijoy John, former head of marketing at Newrez , as its vice president of marketing. John’s new tasks will include consumer direct marketing and the crafting of strategies for new products. What led me to Guaranteed Rate’s marketing team was Victor Ciardelli’s vision for the company.

Marketing 367

Marketing Loan Officers Retail Lending 367

Housing Wire

NOVEMBER 15, 2022

Lending standards tightened in October, largely due to higher mortgage rates and the worsening outlook for the economy, the Mortgage Bankers Association (MBA) said. A decline in the index, benchmarked to 100 in March 2012, is an indicator that lending standards are tightening, while an increase suggests loosening credit standards.

Lending 430

Lending Government Mortgage Housing Market 430

Housing Wire

FEBRUARY 28, 2023

Virginia-based mortgage bank Prosperity Home Mortgage, LLC has acquired the assets of Arizona-based JFQ Lending, LLC to explore the direct-to-consumer channel. However, amid a challenging mortgage market, monthly production fell from over $1.1 billion in June 2022 to $460 million in December 2022.

Lending 323

Lending Loan Officers Government Realtors 323

Housing Wire

DECEMBER 20, 2021

Last year’s unique market conditions created unprecedented profitability for most lenders. But now, as the strong refinance volume of 2020 and 2021 drops industry-wide, lending businesses find themselves at a crossroads: How will they manage the impact of fixed expenses until the next injection of loan volume?

Marketing 297

Marketing Technology Lending Business 297

Housing Wire

APRIL 29, 2022

Connecticut-based mortgage servicer and lender Planet Home Lending has entered into an agreement to acquire assets from Homepoint ‘s delegated correspondent channel for $2.5 Homepoint’s management is working to lower the cost to originate a loan to $900 in 2022, from $1,700 in the first quarter of 2021. year-over-year.

Lending 355

Lending Finance Business Mortgage 355

Housing Wire

JANUARY 26, 2023

California-based lender American Pacific Mortgage (APM) announced an asset purchase agreement with retail lender Lend Smart Mortgage on Thursday in its latest move to drum up production across the country. APM bought assets that include about 25 branches from the Minnesota retail lender Lend Smart. million in loan volume last year. “We

Lending 341

Lending Retail Loan Officers Mortgage 341

Housing Wire

JANUARY 13, 2023

Like its nonbank competitors, Wells Fargo , JPMorgan Chase and Bank of America operated in a highly challenging mortgage market in 2022. “The fourth quarter results were weaker than we expected,” a team of mortgage lending analysts at Keefe, Bruyette & Woods wrote in a report. Wells Fargo, the third-largest U.S.

Mortgage 400

Mortgage Lending Retail Business 400

Housing Wire

SEPTEMBER 28, 2023

Jim Anderson Colorado-based lender Loan Simple brought on Jim Anderson as its new chief marketing officer. Anderson, who started the new role in September, will oversee all aspects of the firm’s marketing, branding and demand-generation efforts. Anderson won HousingWire’s Marketing Leader Award in 2021.

Marketing 357

Marketing Lending Finance Mortgage 357

Housing Wire

SEPTEMBER 2, 2022

Back in March, HousingWire Lead Analyst Logan Mohtashami coined the phrase “savagely unhealthy” to describe the state of the housing market. When Mohtashami first used the phrase in his commentaries back in March, he said, “I have lost my five-year home-price growth model of 23% in just two years, and inventory has worsened in 2022.

Retail 332

Retail Housing Market Inventory Lending 332

Appraisal Buzz

JULY 19, 2022

Total commercial and multifamily mortgage borrowing and lending is expected to fall to $733 billion this year, down 18% from 2021 totals ($891 billion), according to an updated baseline forecast from the Mortgage Bankers Association (MBA). “After a record. . “After a record.

Lending 150

Lending Real Estate Appraisal Mortgage 150

Housing Wire

FEBRUARY 5, 2024

Recent market trends — including an improvement in mortgage rates, housing affordability and potential refinance opportunities — suggest positive signs for the real estate market this year, according to February’s Mortgage Monitor report from Intercontinental Exchange (ICE). peak prior to the housing market downturn in 2006. “If

Housing Market 436

Housing Market Marketing Mortgage Lending 436

Housing Wire

JANUARY 1, 2024

The 2023 housing market faced one of the same roadblocks we saw in 2022: mortgage rates were too high for home sales growth. Every Saturday I publish a weekly housing market tracker with forward-looking data and insights so you can adjust quickly to market conditions. If the 10-year yield gets above 4.25%, the U.S.

Housing Market 524

Housing Market Marketing New Listings Construction 524

Housing Wire

JUNE 6, 2023

In honor of National Homeownership Month, Chase Home Lending unveiled on Tuesday an upgraded suite of resources for homebuyers to assist in navigating the homebuying process and managing homeownership. based consumers who have never owned a home, was conducted in Q4 2022. ” The study, based on responses from 1,900 U.S.-based

Lending 316

Lending Buyers Tools Design 316

Housing Wire

JANUARY 6, 2022

Mortgage rate increased during the first week of 2022 to the highest level since May 2020 and are more than half a percent higher than January 2021,” Sam Khater, Freddie Mac’s chief economist said in a statement. With higher inflation, promising economic growth and a tight labor market, we expect rates will continue to rise.

Mortgage 493

Mortgage Lending Technology Business 493

Housing Wire

OCTOBER 4, 2022

Each year, the HousingWire Vanguards represent an elite group of industry executives who are moving the housing market forward. The following profiles for our 2022 honorees include the origin stories of 100 industry elites who continue to have a major impact on the housing landscape. Head of Neighborhood and Community Lending.

Human Resources 389

Human Resources Lending Real Estate Technology 389

Appraisal Buzz

DECEMBER 15, 2021

Mortgage lenders are predicting the market will return to some semblance of normal in 2022, at least that’s according to Fannie Mae’s Mortgage Lender Sentiment Survey, which is a quarterly poll of senior lending executives to assess their views and outlook across the mortgage market.

Marketing 195

Marketing Lending Mortgage Appraisal 195

Housing Wire

AUGUST 25, 2022

With 2022 more than halfway behind us, economic indicators continue to forecast minimal refinance volume while purchase volume faces its own headwinds. In fact, remodeling expenditures set a new annual high of $391 billion in Q1 of 2022 – a number that’s difficult to ignore.

Lending 324

Lending Valuation Appraisal Process Appraisal 324

Housing Wire

NOVEMBER 30, 2021

As we look forward to 2022, the non-QM market is predicted to grow substantially. There is a bigger consensus of confidence in the product now,” said Keith Lind, executive chairman and president of Acra Lending. There are a few market factors contributing to this expected growth for the non-QM sector. Refinance decline.

Supply Chain 321

Supply Chain Lending Investors Renovations 321