Housing Wire

JUNE 14, 2024

Incenter has a wonderful Enterprise Business Development team who have repeatedly proven themselves as strategic partners to lenders , servicers and investors. Incenter’s business channels include capital markets, loan diligence, student lending, insurance, property tax, accounting and marketing solutions.

Property Taxes 409

Property Taxes Clients Development Insurance 409

Housing Wire

AUGUST 26, 2024

When interest rates began skyrocketing more than two years ago, mortgage companies faced a pivotal decision regarding a crucial part of their business: the servicing portfolio. million clients, a number it will likely reach by early 2025 after migrating Flagstar’s customer base. This period was a windfall for servicers.

Mortgage 425

Mortgage Business Investing Clients 425

Housing Wire

AUGUST 25, 2022

But there’s another threat that Homepoint executives must worry about – United Wholesale Mortgage (UWM), the top dog in wholesale, has embarked on a strategy of heavy price cutting, forcing Homepoint and others to limbo to compete for business. That has contributed to UWM’s competitors taking losses on loans when they can least afford it.

Mortgage 397

Mortgage Loan Officers Finance Investors 397

Housing Wire

AUGUST 8, 2023

The California-based mortgage lender had its second consecutive double-digit revenue gain amid increasing origination volumes and margins. Changes in leadership came with the decision to consolidate LDI Digital, including mellohome, into its existing production channels, under the direction of LDI Mortgage President Jeff Walsh.

Human Resources 368

Human Resources Lending Investors Mortgage 368

Housing Wire

SEPTEMBER 12, 2023

Shannon Hoff, a California-based branch manager at American Pacific Mortgage (APM), finds herself both enthusiastic and cautious as she assesses the prospects of the mortgage market in the coming year. “But economists said mortgage rates should be in the 5s in the first or second quarter of 2024.”

Loan Officers 397

Loan Officers Investors Mortgage Clients 397

Housing Wire

JUNE 13, 2023

Atlanta-based Equity Prime Mortgage (EPM) has decided to focus its investments on the wholesale channel amid the most challenging mortgage market in decades. Meanwhile, with competitive pricing, United Wholesale Mortgage (UWM) reached an estimated 54% market share at the end of 2022. “Wholesale is growing. in 2014. .

Retail 370

Retail Loan Officers Landlords Lending 370

Housing Wire

OCTOBER 14, 2020

San Francisco-based StreamLoan has forged a partnership with insurance giant Progressive enabling home buyers and homeowners who use StreamLoan’s digital mortgage platform to obtain quotes for homeowners’ insurance. Founded in 2015, StreamLoan licenses its software to mortgage lenders, fintech companies and mortgage brokers.

Insurance 413

Insurance Technology Lending Real Estate Agent 413

Housing Wire

FEBRUARY 10, 2023

And investors can expect the company to keep growing its servicing business in the months to come. The direct-to-consumer channel was responsible for 60% of total originations from September to December, with the remainder coming via correspondent lending. trillion from 2023 to 2025. Cooper’s volume declined to $3.2 ”

Business 360

Business Mortgage Lending Investors 360

Housing Wire

FEBRUARY 7, 2023

The year ahead for the mortgage-servicing rights market is shaping up to be a lucrative play for investors, lenders and others looking to purchase MSR assets. Independent mortgage banks (IMBs) leaning on MSR sales, however, now face a supply-demand imbalance, market observers say. These differences can cause volatile MSR values.

Sellers 306

Sellers Investors Valuation Finance 306

Housing Wire

SEPTEMBER 4, 2024

The Federal Housing Administration (FHA) on Wednesday published Mortgagee Letter (ML) 2024-18 , which implements updates to debenture interest rates and reimbursements for Home Equity Conversion Mortgage ( HECM ) program claims proposed in July. 2, 2025, and will be available through July 1, 2025.

Mortgage 431

Mortgage Legal Development Insurance 431

Housing Wire

DECEMBER 29, 2023

After nearly two years of trudging through a frozen housing market , the consensus among mortgage professionals is that the worst of it is over. The spread between the 30-year fixed-rate mortgage and the 10-year Treasury yield has narrowed after sitting at over 300 basis points, compared to the historic norm of 150 bps.

Mortgage 450

Mortgage Loan Officers Inventory Business 450

Housing Wire

SEPTEMBER 5, 2024

A government-led effort to change the venue in a case brought by Texas Capital Bank (TCB) against Ginnie Mae over reverse mortgage-related collateral has been denied by presiding Judge Matthew Kacsmaryk, according to a court filing reviewed by HousingWire ’s Reverse Mortgage Daily (RMD). In June, attorneys representing the U.S.

Government 431

Government Contracts Legal Development 431

Housing Wire

JUNE 1, 2023

Mortgage rates jumped last week amid a debt ceiling impasse and expectations of another federal funds rate hike. debt limit until January 2025 and cap government spending. debt limit until January 2025 and cap government spending. trillion U.S. trillion U.S. The same rate averaged 5.09% a year ago at this time.

Mortgage 384

Mortgage Government Housing Market Marketing 384

Housing Wire

APRIL 8, 2022

One of the reasons that I moved into the “team higher mortgage rate” camp is that what I saw in January, February, and March of this year was so unhealthy that I labeled the housing market savagely unhealthy. We need prices to fall this year, next year, and in 2024 to ensure we are under 23% cumulative price growth for 2025.

Housing Market 397

Housing Market Marketing Inventory Lending 397

Housing Wire

JANUARY 21, 2022

ESG securities such as bonds are backed by collateral, like mortgages, that can be defined as meeting environmentally sustainable, socially responsible, or good governance criteria. Digital mortgage platform MAXEX , backed by investment from financial-services giant JPMorgan , sees a bright future in the ESG market.

Marketing 397

Marketing Investors Development Mortgage 397

D Fritz Appraisals

JULY 4, 2024

A 2023 Leger poll found that 68% of British Columbians are concerned that they won’t be able to pay their mortgage or rent, and another 93% agree that increasing rental prices have become a serious problem. Residential property owners will be required to declare for the first time starting in 2025. Fritz Appraisals Inc.

Construction 110

Construction Government Appraisal Transportation 110

Housing Wire

AUGUST 3, 2023

In a recent earnings call, Sheryl Palmer, chairman and CEO of national homebuilder Taylor Morrison , said about two-thirds of homeowners now have mortgage interest rates below 4%. Fannie Mae ’s vice president of economic and strategic research, Hamilton Fout, said the gap between homeowners now holding historically low mortgage rates (i.e.,

Construction 370

Construction Development Finance Mortgage 370

Housing Wire

MAY 19, 2021

An industry concern during the debate on the bill related to a provision which would have eliminated the tax deferral on the creation of mortgage servicing rights (MSRs). There was also no mention of changes to individual provisions (including the lowered MID cap and the SALT limitation) from the TCJA that will sunset after 2025.

Housing Market 491

Housing Market Marketing Real Estate Government 491

Will Springer Realtor

AUGUST 13, 2024

Financing costs to buy a home have held steady for several months and homeowners – many enjoying historically low, pandemic-related mortgage rates – preferred to sit in front of their screens to root on athletes competing in Paris or soak up the sun during this amazing summer weather. The greater the number of investors in U.S.

Buyers 64

Buyers Investors Sellers Inventory 64

Will Springer Realtor

SEPTEMBER 12, 2023

The market is spooking many potential buyers and sellers thanks to stubbornly high mortgage interest rates. We’re just trapped in this equilibrium of low inventory, house prices not coming down, high mortgage rates and current owners who have a strong incentive to just sort of stay where they are and wait this out.” There are 7.4%

Finance 69

Finance Inventory Construction Buyers 69

Housing Wire

SEPTEMBER 12, 2024

Department of Housing and Urban Development (HUD) and Ginnie Mae over a dispute involving Home Equity Conversion Mortgage (HECM)-backed Securities ( HMBS ) have been advised to be ready for a trial in September 2025. This is according to court filings reviewed by HousingWire ’s Reverse Mortgage Daily (RMD).

Government 413

Government Development Mortgage Lending 413

Appraisal Buzz

JULY 11, 2024

All candidates, no matter what party they lead, will be tasked with providing solutions to address the record-high median prices and mortgage rates that continue to shut out many from achieving the American Dream. He works with institutional investors and other capital partners that are looking to invest in MSRs.

Government 221

Government Housing Market Mortgage Finance 221