Housing Wire

JANUARY 4, 2021

Citadel Servicing Corporation (CSC) , one of the country’s largest non-QM lenders , is rebranding as Acra Lending (Acra). Then known as Citadel Servicing, the company was acquired by HPS Investment Partners, LLC in February 2020 for an undisclosed price. Citadel resumed non-QM lending in the summer. Presented by: WFG.

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Lending Investing Business Retail 319

Housing Wire

NOVEMBER 2, 2020

As a premier provider of innovative, high-performance software, data and analytics for mortgage and home equity lending and servicing, Black Knight is transforming the housing finance industry. Added Value to Clients. The post Simplify complex lending processes with powerful analytics appeared first on HousingWire.

Lending 385

Lending Valuation Clients Tools 385

Housing Wire

MAY 7, 2024

Industry veteran John Gibson is leaving the company to pursue other opportunities, and he will be replaced by Rich Hoffman as senior vice president and head of TPO lending. He’s replacing Gibson, who spent nearly five years leading the TPO channel and focusing on client experience. lender in the space.

Finance 340

Finance Lending Clients Investing 340

Housing Wire

OCTOBER 26, 2020

As one of the largest correspondent investors in the country, AmeriHome is focused on being a consistent, reliable partner to its clients. In the COVID-19 era, that means AmeriHome has spent even more time listening to what clients need and adapting their products and services to help clients navigate constantly changing lending conditions.

Client Relationships 360

Client Relationships Clients Technology Business 360

Housing Wire

FEBRUARY 16, 2022

If your state requires a lending license, make sure a the lender is licensed. Examine previous transactions with a lender, such as funding renovations on investment property, to better understand the lender’s experience with diverse real estate projects. Establish a private money lending network for real estate.

Real Estate 382

Real Estate Investing Investors Renovations 382

Housing Wire

DECEMBER 7, 2020

HousingWire recently spoke with Mike Fierman, managing partner and co-CEO of Angel Oak, about the non-QM lending outlook for 2021 and how Angel Oak’s “originate to hold” model benefits originators. The vertically integrated partnership also yields benefits for Angel Oak wholesale clients through surety of execution.

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Lending Clients Investing Investors 272

Housing Wire

MAY 12, 2022

Worsening market conditions are only going to accelerate an already hyper-competitive mortgage lending industry that is still learning to adapt to post-pandemic homebuying behaviors. The most obvious argument against a totally digital lending approach—and the one that requires the least amount of rationale—is that customers don’t want it.

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Lending Marketing Technology Contracts 309

Housing Wire

APRIL 23, 2024

Department of Labor (DOL) on Tuesday announced a new rule that governs retirement advice, requiring more financial advisers to follow stricter fiduciary standards when dispensing advice about retirement-focused investments. Taking effect on Sept. Retirement investors are best protected by a uniform and protective framework.”

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Investing Investors Design Government 341

Housing Wire

DECEMBER 7, 2023

The company’s close partnerships with mortgage brokers and correspondents transforms feedback into impactful products, technology and services that help clients grow their businesses in any economic environment. That’s made Flagstar a true partner to the 3,600 clients the bank has served in its 35-plus year history.

Lending 298

Lending Clients Business Technology 298

Housing Wire

AUGUST 29, 2022

It’s an investment for the long term, strategically building the broker channel.” billion in equity as of the second quarter, plus technology that can close loans faster than most competitors, aggressive pricing is a “multibillion dollar decision investment,” as Ishbia put it. Multibillion dollar investment.

Investing 403

Investing Loan Officers Retail Mortgage 403

Housing Wire

JUNE 1, 2023

Connecticut-based lender and servicer Planet Home Lending has acquired the assets of Illinois-based retail lender Platinum Home Mortgage Corporation. It’s an investment down the road,” the executive added. “We The financial terms of the transaction have not been disclosed. We’re taking a long-run view that it’s going to pay off.

Retail 392

Retail Mortgage Lending Renovations 392

Housing Wire

APRIL 23, 2024

Rocket Mortgage launched a new artificial intelligence (AI) tool on Tuesday that allows its client experience teams to analyze sentiment, record behavior patterns, transcribe conversations and create tailored experiences during customer interactions. Each year, Rocket employees participate in 65 million calls with clients, including 3.1

Tools 341

Tools Clients Investing Finance 341

Housing Wire

SEPTEMBER 29, 2020

Right now, while things are good, invest in cross-training your staff. Their overarching goal is to help grow happiness — for customers, for clients and for their staff. Their overarching goal is to help grow happiness — for customers, for clients and for their staff. Tip #3: Start marketing now.

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Lending Loan Officers Business Investors 404

Housing Wire

SEPTEMBER 7, 2023

QC Ally is invested in providing high-quality outcomes in both the service and the proprietary technology it offers to clients. Overall, he brings 30 years of mortgage lending and servicing experience to the company. “I am humbled to take on this role and help bring the company’s vision to fruition,” Flory said in a statement.

Investing 345

Investing Technology Lending Clients 345

Housing Wire

APRIL 8, 2021

JPMorgan Chase has appointed Bhavesh Patel to lead client management for the bank’s correspondent lending channel. As director of client management, Patel will focus on improving the client experience and driving future growth for the business, which is growing at a faster rate than the bank’s more traditional retail arm.

Retail 348

Retail Lending Clients Finance 348

Housing Wire

AUGUST 1, 2023

Stavvy , a fintech company specializing in digital and remote collaboration for lending and real estate companies, acquired Brace , a digital mortgage servicing platform. Founded in 2018 , Stavvy works to increase efficiency and transparency in real estate and mortgage lending. Terms of the deal were not announced.

Real Estate 327

Real Estate Lending Technology Investing 327

Housing Wire

FEBRUARY 2, 2023

In turn, the mortgage service company plans to capitalize on cross-selling products to clients, large home lending banks investing in their legacy infrastructure and increasing sales to new mortgage shops in 2023. “We Impacted mortgage professionals who are starting mortgage shops are becoming new ICE clients, executives said.

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Technology Mortgage Clients Lending 351

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 338

Insurance Brokerage Clients Real Estate Agent 338

Housing Wire

JANUARY 18, 2022

Milo , a Miami-based digital lender, will soon offer a crypto mortgage to clients with digital assets. According to Milo’s press release , clients who use the company’s services can pledge their Bitcoin to purchase a property. If a client qualifies, they will receive a low interest rate 30-year crypto mortgage, the company said.

Mortgage 477

Mortgage Clients Real Estate Technology 477

Housing Wire

APRIL 24, 2024

On Tuesday , Mr. Cooper Group named former Wells Fargo Home Lending executive Ranjit Bhattacharjee and former Piper Sandler analyst Kevin Barker to its leadership team. Cooper Group named former Wells Fargo Home Lending executive Ranjit Bhattacharjee and former Piper Sandler analyst Kevin Barker to its leadership team.

Technology 301

Technology Lending Investing Contracts 301

Housing Wire

JULY 31, 2023

“Flagstar is an originator and servicer that also provides financing solutions through its warehouse and MSR lending businesses,” Smith said. “We And now, thanks to our acquisitions from Signature, we also can offer cash and treasury management services that focus on mortgage clients and businesses.”

Mortgage 327

Mortgage Clients Business Investing 327

Housing Wire

MARCH 17, 2022

During the transactions, Apollo purchased eNote digital mortgage assets, originated by Figure on the Provenance Blockchain and registered on its Digital Asset Registration Technologies (DART) platform, via an investment vehicle it manages on a blockchain-based marketplace.

Technology 444

Technology Landlords Valuation Lending 444

Housing Wire

NOVEMBER 6, 2023

After that, real estate professionals were tasked with cleaning up the industry and giving every client equal opportunities. Steering is against the law In an act of open discrimination and racism, agents were encouraged to “steer” clients toward or away from specific neighborhoods based on their protected class.

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Real Estate Agent Law Real Estate Agents 424

Housing Wire

DECEMBER 15, 2021

Toronto-based cryptocurrency lending platform Ledn has raised $70 million in a Series B funding round to support the growth of its digital assets lending business, including a new Bitcoin-backed mortgage product. Founded in 2018, Ledn focuses on saving and lending products for Bitcoin and other digital assets.

Mortgage 413

Mortgage Clients Lending Investors 413

Housing Wire

NOVEMBER 21, 2022

FGMC) , controlled by global investment management firm PIMCO, filed for Chapter 11 bankruptcy protection in June. The company sells loans via brokers for clients – usually LLCs, C-corps or S-corps – to acquire residential real estate for commercial and investment purposes. First Guaranty Mortgage Corp.

Investors 347

Investors Investing Real Estate Clients 347

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 26, 2022

Venture capital firm Menlo Ventures led the latest Series B funding round, which also includes investments from title insurance company First American Financial , FinVC as well as participation from existing investors 8VC , Khosla Ventures and Fifth Wall. Building the next generation of tech: Three ways to digitize home lending.

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Modernization Mortgage Lending Investors 327

Housing Wire

MAY 3, 2024

Cost to originate But providing the right lending products is only one factor in succeeding in this market. Lenders are seeing costs rise, despite having made significant investments in technology and automation. One obstacle is that many companies don’t end up using the technology they invest in.

Technology 343

Technology Lending Mortgage Investing 343

Housing Wire

OCTOBER 7, 2022

Williams IV, founder and CEO of Percy.ai, about what housing professionals can do to improve their deal flow despite the turbulence of the current housing market, and how investing in valuable data insights could be the key to success. . Well, there are fintech solutions that allow you to invest fractionally in a home. Only got $1000?

Housing Market 342

Housing Market Real Estate Agent Marketing Real Estate 342

Housing Wire

APRIL 8, 2022

Anthony combines a strong understanding of the business opportunities for mortgage brokers with a dedicated focus on education and client support,” John Keratsis, president and CEO of Deephaven Mortgage, said in a statement. This combination has led to his success building strong and profitable wholesale partnerships.

Lending 358

Lending Mortgage Business Clients 358

Housing Wire

JANUARY 12, 2024

billion in home loans, representing only 23% of the $108 billion volume in the previous year, when it was still the kingfish in correspondent lending. Home lending revenues declined to $3.3 In 2023, the bank’s net revenues with home lending came in at $4.1 JPMorgan’s home lending net revenue reached $1.16

Mortgage 379

Mortgage Lending Retail Business 379

Housing Wire

APRIL 25, 2024

The reverse lending industry’s most prominent attendee — Kristen Sieffert of Finance of America Companies (FOA), parent company of industry-leading lender Finance of America Reverse (FAR) — offered insights into various topics about the reverse mortgage product category.

Mortgage 298

Mortgage Finance Real Estate Best Value 298

Housing Wire

DECEMBER 12, 2022

The company, which is the country’s largest correspondent aggregator , has invested in growing its correspondent footprint while some rivals, like its primary competitor, Wells Fargo , are pulling back or exiting entirely. Bank Home Mortgage and Planet Home Lending. Its strategy has impacted correspondent lending.

Marketing 376

Marketing Lending Retail Clients 376

Housing Wire

FEBRUARY 9, 2023

The merger will result in an “increased lending footprint” to better serve clients, Paul Kessel, president of American Portfolio, said in a statement. Lisa Thomas, chief executive officer of Town Square, added that the deal also brings “a portfolio of expanded loan products backed by a lending platform with state-of-the-art technology.”

Mortgage 347

Mortgage Retail Loan Officers Lending 347

Housing Wire

FEBRUARY 12, 2024

The confidence to invest further in reverse largely comes from NAF’s owners, Robinson said. If you’re already a client at New American Funding, why not continue and let us help you implement what your retirement goals could be?” So, this past year has been all about thriving to really grow this division.”

Business 404

Business Loan Officers Clients Mortgage 404

Housing Wire

JUNE 15, 2021

The addition of Johnson represents yet another change to the C-suite at Sprout, which halted non-QM lending last year when the coronavirus pandemic began and liquidity dried up. In the last six months, Sprout has unveiled a series of new products for it non-QM program , resumed correspondent lending.

Retail 351

Retail Mortgage Legal Lending 351

Housing Wire

JULY 1, 2022

With more hopeful homeowners searching for non-traditional lending solutions, brokers are looking to partner with wholesale lenders that can offer unique options. On the other hand, they’re often worried it may be difficult to learn how to broker non-QM,” said Shelly Griffin, Senior Vice President of Client Development.

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Training Mortgage Client Relationships Lending 344