Housing Wire

SEPTEMBER 27, 2022

million to acquire the tech-enabled home loan platform, which does business in 20 U.S. LemonBrew Technologies also has divisions for title insurance and homeowners insurance. Many brokers and loan officers are familiar with a business model in which leads come in and they pursue them. Presented by: Acra Lending.

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Brokerage Lending Loan Officers Technology 366

Housing Wire

FEBRUARY 27, 2023

RMK Financial Corporation , which does business as Majestic Home Loans , has been permanently banned by the Consumer Financial Protection Bureau (CFPB) from the mortgage lending industry following a series of repeat offenses — which occurred despite the CFPB’s law enforcement order issued in 2015. government.

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Lending Advertising Mortgage Law 375

Housing Wire

JUNE 21, 2022

As someone who spent a career in the title insurance industry – both as a builder of a title business and leader of the industry’s trade group, — I am proud of the role we play in helping to protect what most Americans consider the biggest purchase of their lives. Why is a title search necessary for refinancing?

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Insurance Easement Real Estate Investing 509

Housing Wire

JUNE 20, 2023

Smith, whose experience includes leadership roles at companies such as Keller Williams and CitiMortgage , will oversee the strategy and execution of originations, fulfillment, servicing and warehouse lending. Prior to joining Truist, Smith led the mortgage lending, insurance and title businesses affiliated with Keller Williams.

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Business Mortgage Retail Lending 349

Housing Wire

JUNE 13, 2023

Dallas-based Comerica Bank has decided to “organically exit” the mortgage banker finance business following the tumult in the banking industry that threatened the nation’s top warehouse lenders. Representatives at Comerica referred to the presentation when asked about the bank’s decision and its implications.

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Lending Finance Insurance Investors 322

Housing Wire

APRIL 13, 2022

Title insurance protects borrowers from financial loss if the lender discovers a defect in the title to the property (for example, a previous mortgage) and demands a borrower to pay back the loan. Perhaps the interesting part regarding conformity in title insurance fees is found in Section 8 of RESPA (12 U.S.C.

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Lending Insurance Legal Business 341

Housing Wire

JULY 18, 2023

The Federal Reserve , Federal Depository Insurance Corporation and the Office of the Comptroller of the Currency , which together regulate large depository banks, are expected to unveil the proposed changes on July 27. It would likely further chill jumbo lending by regional banks. But it’s a thin-margin business.

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Lending Mortgage Insurance Government 361

Housing Wire

JULY 31, 2023

banks have tightened their lending standards for residential real estate (REE) loans and home equity lines of credit (HELOC) in the second quarter amid the collapse of regional banks and a cascade of interest rate hikes by the Federal Reserve to tame inflation. Responses were received from 66 domestic banks and 19 U.S.

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Lending Mortgage Loan Officers Government 355

Housing Wire

MARCH 15, 2021

Digital lending software provider Blend announced on Monday that it is expanding its cloud-based platform with the acquisition of Title365 from the Mr. Cooper Group for approximately $422 million, reflecting an enterprise value of $500 million. How hybrid title and valuations help increase lending efficiency. .

Insurance 385

Insurance Lending Real Estate Agent Valuation 385

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. Isn’t this just good business practice anyway?

Business 393

Business Appraisal Real Estate Agent Clients 393

Housing Wire

APRIL 2, 2021

White label title insurance franchise Proliant Settlement Systems announced Friday the acquisition of Great Northern Title Insurance Agency (GNTIA) in Michigan as a franchisee. ” This was appealing to GNTIA owner Neville Nofar, who also counts Great Northern Tax and Great Northern Insurance Agency as part of his portfolio.

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Insurance Agents Training Valuation 263

Housing Wire

DECEMBER 29, 2021

Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the predictions for next year, along with a roundtable discussion on how these insights apply to your business. share of the market controlled by small, independent title insurance companies.

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Insurance Real Estate Technology Business 335

Housing Wire

JANUARY 15, 2021

SoFi co-founder Mike Cagney’s latest digital mortgage operation Figure Lending closed on a $100 million funding facility from JPMorgan Chase this week. In a statement, Figure said the $100 million loan facility represents another push toward growth in mortgage lending. Mike Cagney, SoFi. billion across these deals.

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Lending Technology Finance Insurance 261

Housing Wire

MARCH 20, 2023

mortgage lender owned by New York Community Bancorp, announced on Sunday that it has assumed most deposits and acquired certain assets, business lines and liabilities of Signature Bridge Bank, N.A. from the Federal Deposit Insurance Corporation (FDIC). Flagstar Bank , a top-20 U.S. The bank did not acquire crypto-related assets.

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Lending Insurance Real Estate Finance 363

Housing Wire

JUNE 19, 2023

It is crucial to focus on capturing the business that exists in this market in the near term while also planting seeds with clients that will yield long-term rewards. Whether you’re on the brokerage or lending side, offering clients something that aligns with today’s narrative is key. Evolve the technology stack.

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Real Estate Business Clients Client Relationships 301

Housing Wire

APRIL 23, 2021

.” The Dallas-based bank, one of the country’s largest correspondent lenders, also announced that the deal would represent an exit from the correspondent lending sector. Texas Capital’s correspondent lending business originated approximately $2.4

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Business Lending Insurance Sellers 193

Housing Wire

JULY 28, 2023

Through partnerships with Bubble Insurance Solutions and New American Funding , real estate agents at The Agency will have access to mortgage lending services and insurance services for their clients. The affiliation will provide The Agency’s agents with access to Bubble Insurance’s insurance coverage for their clients.

Insurance 350

Insurance Brokerage Clients Real Estate Agent 350

Housing Wire

OCTOBER 14, 2020

Though its earnings were disappointing overall, residential lending at Wells Fargo rebounded in the third quarter, both in terms of income and origination volume. billion in income from its residential lending operation, up from $317 million in the prior quarter. billion to insure against any losses on its active loans.

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Business Mortgage Lending Valuation 464

Housing Wire

OCTOBER 12, 2021

At each stage of the buying process, there are multiple siloed transactions, from appraisals, inspections and settlements to mortgage payments and homeowners’ insurance. Digitalization in the home lending industry does not always require companies to entirely invent new technology solutions. However, it’s important.

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Lending Technology Investing Loan Officers 334

Housing Wire

JANUARY 10, 2024

Both Droge and Olmos come to University Bank from Open Mortgage , which shuttered its own top 10 reverse mortgage lending division late last year. Keeping business moving The reverse mortgage business has faced headwinds including reduced volume, high interest rates, lender exits and consolidations.

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Mortgage Lending Loan Officers Design 413

Housing Wire

OCTOBER 30, 2023

In a recent interview with HousingWire, loanDepot CEO Frank Martell said the company is not chasing business that doesn’t make sense but trying “to make sure our focus is on the strategic growth areas that we think will contribute to the first-time homebuyer, diverse lending and affordable” lending.

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Lending Retail Finance Insurance 469

Housing Wire

SEPTEMBER 6, 2023

FundingShield’s API driven fitnech services allow lenders, investors, homebuyers and title companies to confirm wired funds are going to intended recipients and transactions are free of impact from cyber fraud, phishing, business email compromise, or title fraud. increase in issues with proof of insurance in Q2.

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Real Estate Insurance Investors Lending 377

Housing Wire

FEBRUARY 2, 2024

It wants smaller loan originators, credit unions and others “to offer FHA-insured loan products in branch offices that they did not previously register due to business volume considerations, thus expanding the availability of FHA programs to underserved communities,” the notice said.

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Mortgage Finance Insurance Lending 430

Housing Wire

JUNE 7, 2022

Add to those challenges increased competition in a rising interest rate environment that is choking off refinance business, driving overall mortgage volume down significantly. Servicers, especially those who service government-insured loan products, are under statutory time constraints that give them very little wiggle room.

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Lending Mortgage Technology Modernization 297

Housing Wire

SEPTEMBER 30, 2020

With FinXperience, Tavant aims to bring all parties together on one collaboration platform and provide hyper-personalized digital journeys to borrowers, loan officers, brokers, real estate agents, financial advisers and other participants in the lending ecosystem. Mohammad Rashid, Head of Fintech Practice.

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Lending Real Estate Agent Loan Officers Architecture 198

Housing Wire

SEPTEMBER 7, 2022

As the lending arm of mortgage companies can no longer depend on new loans or the rate-based refinancing that’s kept them afloat throughout the pandemic, the value of mortgage servicing rights is serving as a lifeline. Why insurance? These customers may be paying too much for insurance or looking to switch providers or coverage.

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Insurance Mortgage Business Lending 397

Housing Wire

DECEMBER 1, 2021

As the housing market changes, so does lending fraud. This white paper covers new fraud schemes in mortgage lending as well as solutions for fraud detection. He set his sights on CapLOC , a North Carolina-based mortgage lender, and tried to sell CapLOC First Mortgage Company’s lending arm.

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Mortgage Insurance Lending Government 536

Housing Wire

OCTOBER 11, 2023

Name Job Title Company Name Aaron VanTrojen CEO Geneva Financial Home Loans Abbie Tidmore Senior Managing Director and Chief Revenue Officer Pennymac Adam Kessler CEO Academy Mortgage Baron Silverstein President Newrez Ben Madick Co-Founder and CEO Matic Insurance Bernadette Kogler Co-Founder and CEO RiskSpan Bill Rogers Founder and CEO Homeowners (..)

Realty 461

Realty Real Estate Technology Lending 461

Housing Wire

FEBRUARY 21, 2024

Axis 360 Lift strives to offer a comprehensive understanding of the mortgage business by addressing each step of the process. Axis has lending and title academies, with an origination academy set to launch in the spring of 2024. The initial 30 days establish a foundational understanding of mortgage lending concepts.

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Housing Market Mortgage Marketing Real Estate 340

Housing Wire

OCTOBER 14, 2020

This article was written for FinLedger, HW Media’s new fintech focused news brand designed specifically for financial services professionals in banking, payments, insurance and proptech. This setup lets a consumer compare quotes from several insurers, including Progressive, with only one click. market for homeowners’ insurance.

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Insurance Technology Lending Real Estate Agent 358

Housing Wire

OCTOBER 4, 2022

Head of Neighborhood and Community Lending. Matic Insurance. Senior Executive Vice President, President of Residential Servicing and Correspondent Lending. Supreme Lending. Head of Home Lending. Planet Home Lending. Chief Business Officer. Executive Vice President of Retail Lending. Aaron King.

Human Resources 402

Human Resources Lending Real Estate Technology 402

Housing Wire

APRIL 29, 2022

While other “big four” title insurers discussed the “transitional period” in the housing market during their first quarter 2022 earnings calls with investors, Old Republic International Corp. ’s As expected, the firm’s title insurance segment did not have the greatest quarter. Presented by: Acra Lending. million, down from $103.7

Insurance 366

Insurance Investors Housing Market Law 366

Housing Wire

OCTOBER 25, 2021

. “Omitting non-depository lenders, who currently hold a substantial portion of the mortgage lending market, from CRA monitoring leaves communities vulnerable to fair lending abuses in the New York State residential loan market,” the bill states. The key to implementing non-QM products.

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Law Lending Insurance Mortgage 430

Housing Wire

JANUARY 2, 2024

However, two former employees said the company communicated it’s shutting down its mortgage lending business. It wasn’t immediately clear what restructuring Mosiello was referring to. One of the former employees said the company may continue as a broker shop.

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Loan Officers Lending Mortgage Insurance 420

Housing Wire

JANUARY 5, 2023

is the latest former business partner to sue Sprout Mortgage in a suit filed six months after the mortgage lender abruptly closed its doors. Former employees accuse the company of retroactively cutting off their health insurance on May 1, 2022 without prior communication. California-based Loan America, Inc.

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Insurance Loan Officers Mortgage Business 405

Housing Wire

AUGUST 16, 2022

s mortgage business has been the subject of industry speculation in the wake of a Bloomberg report indicating that the lending giant plans to shrink its enormous mortgage footprint , including a likely pull-back from the correspondent lending business. The fate of Wells Fargo & Co. ’s

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Mortgage Lending Business Insurance 369

Housing Wire

NOVEMBER 8, 2022

A statement from LodeStar says the alliance will allow clients from both companies to streamline their lending process. LodeStar Discovery can also minimize manual execution of repetitive tasks and help originators on LendingPad to grow their business, said Dan Smith, vice president of sales and strategy at LendingPad.

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Insurance Tools Lending Clients 349