Housing Wire

SEPTEMBER 30, 2021

Origence has addressed these common pain points by launching the Origence Mortgage Platform, a tightly integrated point of sale and loan origination system. The Origence Mortgage Platform removes inefficiencies from the loan origination process through automation and configuration.

Mortgage 307

Mortgage Contracts Technology Modernization 307

Housing Wire

JULY 8, 2022

There is unquestionably a need for regulatory innovation across the broader mortgage industry, but none more pressing than de-risking the mortgage servicing space. Broad lessons were learned on how to curb predatory lending practices following the subprime mortgage crisis. The true benefit of quantitative easing.

Mortgage 352

Mortgage Technology Investors Law 352

Movoto

APRIL 8, 2024

This is a legally binding agreement between the buyer and seller that helps ensure the sale will be completed according to the contract’s outlined conditions. Real estate purchase contracts come into play to protect both parties and move the sale forward, helping prevent either party from wasting the other’s time and money.

Contracts 36

Contracts Real Estate Property Taxes Legal 36

Housing Wire

APRIL 26, 2022

A rising player in the world of crypto-mortgages and blockchain-enabled financing, LoanSnap, plans expand its reach in the market by opening its lending platform to licensed mortgage brokers across the country in the near future. It’s an open platform. We’re not huge, but we’re not small either.”.

Mortgage 438

Mortgage Technology Investing Investors 438

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. billion, according to a review of bond-rating and industry reports.

Housing Market 384

Housing Market Marketing Contracts Finance 384

Housing Wire

MAY 24, 2024

In fact, according to a recent study, millennials currently struggle with so much debt that 25% worry they won’t qualify for a mortgage. Nearly 1 in 5 millennials (19%) think their credit card debt will be a stumbling block when applying for a mortgage, while 1 in 7 (14%) think the same about their student loans.

Mortgage 378

Mortgage Insurance Contracts Design 378

Appraisal Buzz

JUNE 7, 2024

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. The CFPB recently launched an inquiry into junk fees that are increasing mortgage closing costs. Chopra previously served at the CFPB from 2010-2015. By a 7-2 vote, the U.S.

Contracts 195

Contracts Insurance Legal Business 195

Housing Wire

NOVEMBER 3, 2023

Non-bank originator Change Lending will continue to originate non-qualified mortgages ( non-QMs ) for underserved borrowers after it reached a tentative deal with the U.S. A federal judge sided with Change in September, allowing the originator to continue its mortgage offerings for underserved borrowers until at least December.

Lending 362

Lending Finance Legal Contracts 362

Housing Wire

FEBRUARY 16, 2023

The two firms signed an agreement to combine Wolters Kluwer’s eNote and eVault solutions with Expedite Close — Black Knight’s digital closing solution — as the final pieces to connect all the tools lenders need to perform digital closings and complete digital mortgages, Black Knight said Thursday.

Contracts 276

Contracts Technology Clients Design 276

Appraisal Buzz

APRIL 15, 2024

UAD originated in 2010 and since then we appraisers are accustomed to using codes like “C4,” “N;Res,” and “1200sf0sfin” in our mortgage appraisal reports to communicate the results of our analysis. It all starts with the standard appraisal forms used in the mortgage process. Most appraisers have diversity in their business channels.

Appraisal 397

Appraisal Design Lending Technology 397

Housing Wire

APRIL 22, 2024

Meanwhile, a customer relationship management system, along with experts in marketing, sales and other areas, are designed to support these teams, he said. “If Djon spoke on Sunday during a session on lead generation at The Gathering, HousingWire ’s real estate and mortgage conference, held in Scottsdale, Arizona.

Brokerage 340

Brokerage Real Estate Realtors Real Estate Agent 340

Housing Wire

SEPTEMBER 11, 2023

While credit cards and auto loans aren’t directly related to mortgages , they comprise segments within the three main consumer debt categories. Conventional wisdom would dictate that the third category, mortgages, will follow if two of the three are negatively impacted. To learn more, visit consolidatedanalytics.com.

Inventory 379

Inventory Technology Design Tools 379

Housing Wire

OCTOBER 19, 2022

A doubling of 30-year fixed rate mortgage rates, shrinking profit margins and a risk of recession presents a challenging environment for independent mortgage banks (IMBs), but smaller IMBs are better positioned to weather challenges, claimed the Community Home Lenders of America (CHLA), a lobby group that represents smaller mortgage lenders.

Mortgage 369

Mortgage Contracts Design Government 369

Housing Wire

JANUARY 21, 2022

The United States Court of Appeals for the Fourth Circuit ruled on Wednesday that borrowers can pursue a class action lawsuit against Carrington Mortgage Services regarding the fees it applied when collecting payments online or by phone. Plaintiff Alexander took out a mortgage to purchase a property in Baltimore, Maryland, in 2005.

Law 389

Law Contracts Mortgage Design 389

Housing Wire

JANUARY 5, 2023

residential mortgage-backed securities (RMBS) market continues to look bleak for 2023. This year, RMBS issuance volumes are expected to contract further from 2022 due to the impact from elevated rates, high inflation and recession possibilities. .

Marketing 410

Marketing Investors Mortgage Contracts 410

Housing Wire

NOVEMBER 10, 2022

The 2023 caps reflect an anticipated contraction of the multifamily originations market in 2023,” the FHFA said in a statement. “To Thompson, and the FHFA’s strategy is designed to support that. Affordable housing remains a top priority for the government, according to FHFA Director Sandra L.

Government 357

Government Finance Contracts Design 357

Housing Wire

NOVEMBER 29, 2021

The Mortgage Industry Standard Maintenance Organization (MISMO) announced last week that the organization is looking for participants for an initiative focused on standardizing pre-closing title document data sets. MISMO hopes that the initiative will streamline the business process and improve the efficiency of the closing process.

Insurance 315

Insurance Real Estate Agent Brokerage Agents 315

Housing Wire

NOVEMBER 29, 2023

It’s perfect for agents, with helpful design and marketing tools tailored for real estate. The platform offers a mix of customizable templates and the option to upload your own designs. Forming partnerships with mortgage brokers can be mutually beneficial. Starting at $0.91

Real Estate 373

Real Estate Buyers Tools Real Estate Agent 373

Housing Wire

DECEMBER 11, 2020

Through every financial transaction in a person’s life — whether a mortgage, auto, student or personal loan — there is one constant: the borrower. When the pandemic forced a shutdown of the economy, Congress gave blanket permission for any affected consumer to place their mortgage in forbearance,” Schwartz said.

Lending 399

Lending Contracts Investors Technology 399

Housing Wire

DECEMBER 15, 2022

Amid elevated mortgage rates, continued emphasis on regulatory oversight and a worsening 2023 market outlook, many lenders are reassessing their risk tolerance, which can lead to a tightening of their lending standards. In a contracting market, how can lenders gain a competitive advantage? Risks and benefits.

Clients 336

Clients Contracts Lending Technology 336

Housing Wire

MARCH 25, 2024

TikTok has primarily served as a tool for mortgage pros to connect with first-time homebuyers through educational and entertaining content, maintain long-term relationships with the audience, and establish a reputation in the market. The marketing funnel has shifted due to this generation and the impact of things like TikTok.”

Loan Officers 357

Loan Officers Tools Business Clients 357

Housing Wire

MAY 23, 2023

The growing wave of loan-repurchase requests from Fannie Mae and Freddie Mac has yet another major wrinkle, industry sources reveal, and this new problem, if accurate as alleged, threatens to disrupt future merger and acquisition (M&A) activity in the mortgage-finance industry.

Buyers 350

Buyers Sellers Finance Contracts 350

Housing Wire

OCTOBER 1, 2022

Mortgage interest rates have risen quickly in the past few months further eroding affordability. Notably, the market has contracted as fewer buyers can afford to purchase in today’s market with the rise in interest rates and the continual rise in home prices. It is difficult to obtain a mortgage today.

Realtors 383

Realtors Housing Market Marketing Buyers 383

Housing Wire

DECEMBER 20, 2021

While the family’s income has been cut by almost half and inflation has increased their expenses, Wilen’s primary concern is his mortgage. mortgage for 12 months, and the county where he lives paid three months of his mortgage bill as part of an assistance program. He is afraid of losing his home.

Mortgage 330

Mortgage Government Contracts Insurance 330

Housing Wire

AUGUST 31, 2020

Indecomm approaches automation by looking at practical applications for the technology across the entire mortgage lifecycle, using a framework called the automation continuum for mortgages. State of Mortgage Automation. Indecomm’s Automation Continuum. That is where supervised automation comes in.”.

Lending 404

Lending Technology Tools Training 404

Housing Wire

NOVEMBER 29, 2021

The supply-chain bottleneck afflicting the global economy has its own counterpart in the world of residential mortgage-backed securities, also referred to as RMBS. They are in high demand for each stage of the mortgage process, yet they are in seriously short supply in a still-booming mortgage market. billion, compared to $49.69

Loan Officers 419

Loan Officers Supply Chain Mortgage Marketing 419

Appraisal Today

MAY 17, 2024

NOTE: Please scroll down to read the other topics in this long blog post on Geographic Data and Comps, effect of renovation on value, very low foreclosures now, current real estate market, unusual homes, mortgage origination stats, etc. = = $99.5M Hamptons, NY Compound Comes With a 750-Gallon Shark Tank Excerpts: 24 bedrooms, 27.5

Tools 66

Tools Appraisal Renovations Design 66

Appraisal Today

OCTOBER 20, 2023

NOTE: Please scroll down to read the other topics in this long blog post Modular Homes Data Plates, ADU income, Pickleball courts and other interesting home improvements, , unusual homes, mortgage origination and more! Some use postal mailings or office visits, such as you did in the mortgage broker days.

Appraisal 74

Appraisal Design Contracts Inspection 74

Appraisal Today

APRIL 26, 2024

What should appraisers look for in a sales contract? NOTE: Please scroll down to read the other topics in this long blog post on agent concessions, History of appraisal bias back to 1930s, “one mile” rule and bias, unusual homes, mortgage origination stats, etc. April 24, 2024) — Mortgage applications decreased 2.7

Appraisal 79

Appraisal Real Estate Real Estate Agent Contracts 79

Housing Wire

JANUARY 12, 2022

The mortgage industry is coming out of back-to-back amazing years, and while 2022 still holds great opportunity for the industry, it also signals a pivot point for market participants. We’ve worked closely with our partners to understand what they need and have designed technology enhancements that will roll out in phases during 2022.

Technology 340

Technology Clients Investing Contracts 340

Appraisal Buzz

JULY 5, 2022

State boards field complaints about appraisals, often when appraised value is below sales contract price. I ask you, the professional appraiser – is all this risk worth the rewards (as you define them) of doing mortgage lending work? There is no such thing, not anymore. The post All Risk, No Reward?

Appraisal 221

Appraisal Finance Lending Contracts 221

Appraisal Today

DECEMBER 8, 2023

NOTE: Please scroll down to read the other topics in this long blog post on Non-lender appraisals, dealing with lender hassles, real estate market, unusual homes, mortgage origination stats, etc. = $36M Beachfront Beauty on Maui Hawaii Excerpts: What exactly makes this oceanside manse on Maui so desirable? With only one owner, the.47-acre

Appraisal 69

Appraisal Real Estate Contracts Design 69

Appraisal Buzz

JUNE 7, 2021

In 2015, I designed the Market Machine, a technological tool used by appraisers and other valuation professionals. Josh : The Annual Compliance Training is designed to meet requirements of clients and regulators. Buzz : Why do AMCs need the training?

Training 366

Training Reconsideration of Value Valuation Clients 366

Housing Wire

DECEMBER 20, 2023

Mortgage rates had climbed close to the 7% range and he was determined to remain competitive on pricing with rival loan officers in North Carolina. One top-producing California -based loan officer said she was excited when a top 35 mortgage lender tried to recruit her with the promise of multiple pricing buckets.

Loan Officers 442

Loan Officers Clients Law Legal 442

Appraisal Today

JULY 1, 2023

Their volume went up and down with mortgage rates, but they always had some appraisals to fee out. NOTE: Please scroll down to read the other topics in this long blog post on new online Fannie forms, highest and best use, real estate market, unusual homes, mortgage origination stats, etc. More Crazy Appraiser Stories! Just wait.

Appraisal 88

Appraisal Contracts Market Value Mortgage 88

Housing Wire

OCTOBER 21, 2022

But in combination with uncertainty about interest rates and the overall economy, the fact is that there will be industry contraction into 2023. That collapse was historic, and the contraction so severe that I remember checking, daily, a news source specifically designed to track lenders who had closed or gone insolvent.

Marketing 247

Marketing Business Agents Investing 247

Appraisal Today

JANUARY 19, 2024

NOTE: Please scroll down to read the other topics in this long blog post on non-lender appraisals, and types of bias, Scams on black homes, unusual homes, mortgage origination stats, etc. An example of this in real estate appraisal is the purchase and sale contract. January 17, 2024) — Mortgage applications increased 10.4

Appraisal 75

Appraisal Contracts Real Estate Architecture 75