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. According to IMF, Comerica was the 14th largest warehouse lender nationally based on market share in the first quarter of 2023.

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Lending Finance Insurance Investors 303

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 352

Housing Wire

JUNE 14, 2024

I am thrilled to have the opportunity to help our clients strengthen their market positioning despite today’s challenges,” Duffy said in a statement. Incenter has a wonderful Enterprise Business Development team who have repeatedly proven themselves as strategic partners to lenders , servicers and investors.

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Property Taxes Clients Development Insurance 327

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. Everyone’s market is different.

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Business Appraisal Real Estate Agent Clients 393

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 315

Housing Wire

MAY 28, 2024

” Incenter has businesses focused on capital markets, loan diligence, student lending, insurance, property tax, accounting and marketing. According to Parrish, some of Incenter’s clients, such as IMBs, face pressures from the market downturn.

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Property Taxes Lending Insurance Investors 331

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. SVP, Marketing.

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Marketing Realty Real Estate Lending 382

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 251

Housing Wire

OCTOBER 5, 2023

As the housing market suffers through a drought of home sales and related mortgage originations in the current high-rate environment, home prices and home equity continue to climb, helping to spark a revival of another sector — home equity lending and investment. It sets up a domino effect [for market activity].”

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Housing Market Marketing Contracts Finance 385

Housing Wire

JUNE 19, 2023

According to the latest data from Altos Research , the real estate market is experiencing unusual patterns in pricing, inventory and demand. This has created a competitive market where buyers are struggling to find suitable properties, leading to increased competition and few bargains.

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Real Estate Business Clients Client Relationships 283

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 321

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 354

Housing Wire

MAY 22, 2024

H4P endorsements accounted for roughly 6% of the 32,963 HECMs endorsed for Federal Housing Administration (FHA) insurance that fiscal year. It represented a modest recovery for a highly underutilized option within a wider and similarly underutilized lending program sponsored by the federal government. A sleeping giant?

Mortgage 351

Mortgage Loan Officers Lending Business 351

Housing Wire

MAY 2, 2024

The housing market has been on a topsy-turvy roller-coaster ride in recent years that has been particularly neck wrenching since this past fall, fueled by stubbornly high inflation and a still-strong jobs market. Treasury market — jumping to as high as 121 in mid-April after ending March near 85.

Marketing 374

Marketing Mortgage Investors Sellers 374

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 394

Housing Wire

JULY 27, 2022

Two House Appropriations bills recently advanced by House negotiators have included language surrounding Business Email Compromise (BEC) in an effort to promote collaboration between federal and law enforcement agencies and private sector partners in monitoring and reporting for cyber-based crime events. How FundingShield can help.

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Contracts Marketing Law Agents 283

Housing Wire

APRIL 29, 2024

” Republic collapsed after it failed to raise $75 million in capital from investors and exited the mortgage lending space. Republic had an active business that specialized in jumbo mortgage products. The volume almost doubles the acquirer’s presence in the Philadelphia market, with combined deposits of nearly $8.6

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Loan Officers Insurance Mortgage Lending 321

Housing Wire

JULY 20, 2023

The consensus is that the change would primarily affect the shrinking jumbo market (loans greater than $726,200) and hurt regional banks , sources said. According to George, the rule would impact only the jumbo market, a very high credit quality market. That’s 20 basis points higher than the international standard.

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Mortgage Marketing Lending Finance 330

Housing Wire

JUNE 8, 2021

Regions Bank is looking to make a big dent in the home improvement lending space , striking a deal to acquire EnerBank USA for $960 million in cash. EnerBank funds most of its loans on its balance sheet through FDIC -insured brokered CDs; it also charges fees to the contractors. It will maintain its headquarters in Salt Lake City.

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Renovations Home Improvement Marketing Finance 338

Housing Wire

SEPTEMBER 7, 2022

The entire mortgage market is in flux like few times in history. 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? Integration is now seamless.

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Insurance Mortgage Business Lending 385

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 197

Housing Wire

DECEMBER 1, 2021

As the housing market changes, so does lending fraud. Housing market conditions are changing in ways that may increase fraud risk and fraud schemes are becoming increasingly sophisticated. This white paper covers new fraud schemes in mortgage lending as well as solutions for fraud detection.

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Mortgage Insurance Lending Government 526

Housing Wire

OCTOBER 11, 2023

This year, 100 honorees were selected for their outstanding leadership in the midst of market volatility. The forward-thinkers and trailblazers who are shaping the industry through their unwavering commitment, transformative ideas and steadfast dedication to driving growth and positive change. Take a look at the full list below.

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Realty Real Estate Technology Lending 455

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 366

Housing Wire

OCTOBER 28, 2022

HousingWire Annual is where the community from across the housing ecosystem comes together to share strategies, drive business, discover new technologies, discuss best practices, and meet industry leaders. Panels featured top leaders, founders, and executives from across the housing system, to share thoughts on how to move the market forward.

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Lending Development Finance Technology 371

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. Originators will lose out to quicker competitors, especially in a purchase money market. The post Are these factors creating chaos in your mortgage lending ops?

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Lending Mortgage Technology Modernization 279

Appraisal Buzz

JUNE 7, 2024

As Director, Chopra is also a member of the Board of Directors of the Federal Deposit Insurance Corporation (FDIC) and the Financial Stability Oversight Council (FSOC). In 2011, the Secretary of the Treasury designated him as the agency’s student loan ombudsman, where he led the Bureau’s efforts on student lending issues.

Contracts 195

Contracts Insurance Legal Business 195

Cleveland Appraisal Blog

SEPTEMBER 21, 2023

The real estate market has been on a crazy ride for the past few years. However, over the past year, my business has been changing rapidly as I shift away from lending work to non-lender work as my primary business. She is a very cool person and knows her stuff when it comes to marketing. Did I go dark?

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Marketing Real Estate Agent Real Estate Appraisal 300

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 337

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 417

Housing Wire

OCTOBER 4, 2022

Each year, the HousingWire Vanguards represent an elite group of industry executives who are moving the housing market forward. Head of Neighborhood and Community Lending. Matic Insurance. Senior Executive Vice President, President of Residential Servicing and Correspondent Lending. Supreme Lending. Company Name.

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Human Resources Lending Real Estate Technology 392

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.

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Insurance Investors Housing Market Law 360

Housing Wire

MAY 8, 2023

In March 2023, Flagstar surprised the market amid the banking crisis by acquiring some assets, liabilities and deposits of Signature Bank from the Federal Deposit Insurance Corporation ( FDIC ). Regarding the mortgage business, Smith anticipates that the market will recover in 2023, with rates at the 5% level.

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Lending Business Retail Mortgage 300

Housing Wire

OCTOBER 6, 2022

Keller Mortgage , the lending arm of real estate holding company kwx , is the latest firm to be hit by the rapidly decreasing demand for mortgages. On Monday, the company underwent a “mass layoff,” according to posts by former Keller Mortgage employees on LinkedIn. The May layoffs mainly impacted operations positions. “In

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Mortgage Real Estate Loan Officers Brokerage 364

Housing Wire

AUGUST 1, 2023

Their collective expertise spans the entire spectrum of the sector, encompassing areas such as lending, tech, real estate, appraisal, compliance, operations, sales and so much more. The following list of honorees comprises many more examples of exceptional leadership from some of the industry’s most accomplished women.

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Real Estate Realty Lending Mortgage 370

Housing Wire

MAY 13, 2024

The FSOC report, released on Friday, states that these companies quickly adapt their operations to market conditions, are early adopters of technology and are key for underserved borrower groups. For example, nonbank mortgage servicers must make certain advances and their debt can be limited, repriced or even canceled in times of stress.

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Finance Government Mortgage Legal 409

Housing Wire

SEPTEMBER 30, 2021

With fluctuating volume, mortgage servicers are still struggling to effectively scale their business. Philip Reinking: Mortgage servicers are facing substantial growth but a lack of talent in scaling business growth. PR: Much like the rest of the mortgage market, we’ve seen growth during the covid pandemic.

Insurance 279

Insurance Lending Modernization Clients 279