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.

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Housing Market Marketing Contracts Finance 421

Housing Wire

NOVEMBER 7, 2023

FHA loans are a popular option for first-time homebuyers or those who don’t have a lot of cash saved for a down payment, because the loans require a minimum of 3.5% VA loans offer a 100% financing option for qualifying military service members and veterans, and don’t require mortgage insurance.

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Agents Sellers Buyers Finance 458

Housing Wire

AUGUST 12, 2020

This article was written for FinLedger, HW Media’s new fintech-focused news brand designed specifically for financial services professionals in banking, insurance and real estate. To that end, Blend plans to use the new capital to invest in product development such as speeding up the release of its digital closing solution.

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Investing Loan Officers Technology Development 496

Housing Wire

AUGUST 25, 2022

During the second-quarter earnings season, executives from publicly traded mortgage lenders detailed their forays into jumbo loans, non-qualified mortgages, reverse mortgages, home equity products and even personal loans. ” Just a little less vanilla. . ” Just a little less vanilla. ” Tapping that equity.

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Mortgage Loan Officers Finance Investors 397

Housing Wire

NOVEMBER 8, 2021

After completing countless Veterans Administration (VA) mortgage loan transactions over the years, Chris Pascoe, a Marine veteran turned RE/MAX agent, has developed something of a system. Alex Naumovych, a loan officer at Draper & Kramer , has noticed similar trends in his work at a lender.

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Clients Agents Buyers Sellers 397

Housing Wire

SEPTEMBER 5, 2023

TB: It seems like each mortgage process should be relatively standardized because we’re manufacturing loans — the vast majority of which will be purchased by the two GSEs or insured by FHA , VA or USDA. How are lenders helping borrowers take advantage of loan product innovation and affordable housing initiatives?

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Technology Mortgage Tools Insurance 397

Housing Wire

JANUARY 25, 2022

To develop a robust input, it’s imperative to understand your cash flows, which means knowing your sources and uses of cash. This includes how much cash is used to fund new loans, cycle time on loans in inventory, and how fast you’re selling loans. Ravi Correa is Chief Financial Officer at Angel Oak Lending.

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Mortgage Inventory Business Loan Officers 370

Housing Wire

OCTOBER 27, 2020

For many years, we’ve been developing and investing in technology to deliver an end-to-end digital mortgage experience. We’re the largest centralized mortgage transactional services provider in the country, backed by the country’s largest provider of title insurance services.

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Clients Technology Insurance Loan Officers 397

Housing Wire

MARCH 30, 2022

The title insurance space isn’t generally known for placing outsized bets on technology. One example of this is Lev , a company that facilitates commercial real estate lending, starting with small- and medium-sized transactions. BH: Can you share developments related to Endpoint? As of Sept.

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Mortgage Real Estate Investing Technology 370

Housing Wire

SEPTEMBER 28, 2023

So, we’re not little, but we’re not big, like some of these companies with 500 developers. We have a development team and so we have software developers, system analysts, business analysts, quality assurance testers, and people that manage deployments. We have smaller teams, but they’re very effective.

Technology 458

Technology Loan Officers Lending Business 458

Appraisal Today

MAY 10, 2024

These policies were the result of a collaborative effort between the GSEs, the Department of Housing and Urban Development (HUD) and the Federal Housing Finance Agency (FHFA). The mortgage loan officer handling the loan? Was it the borrower? A Zillow Zestimate? Maybe the underwriter at the lender?

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Reconsideration of Value Appraisal Real Estate Insurance 71

Housing Wire

OCTOBER 1, 2022

The complaint filed in federal court on Wednesday alleges that from at least 2015 to 2021, Lakeland failed to provide mortgage lending services to Black and Hispanic neighborhoods in Newark. Federal officials said similar banks generated five times as many loan applications from prospective Black and Latino home buyers as Lakeland.

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Law Loan Officers Lending Advertising 410

Housing Wire

MAY 1, 2023

Name Job Title Company Name Alayna Gardner Director of Sales and Marketing LodeStar Software Solutions Alex Boand Managing Director of Correspondent Group Sales Pennymac Alison Flinn Chief of Staff Development Amherst Amanda Morrow Director of Investor Relations Atlantic Bay Mortgage Company Andres Munar Owner and President Co/LAB Lending Andrew Jewett (..)

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Real Estate Loan Officers Development Realtors 370

Housing Wire

MAY 6, 2024

Largely hidden from view and misperceived by some to be on the lower end of the hierarchy of service providers, the position seemingly lacked the luster of the real estate agent or the panache of the loan officer. During the housing crisis of 2008, the title industry suddenly emerged from obscurity into full view.

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Real Estate Agent Real Estate Project Management Agents 415

Housing Wire

MARCH 11, 2024

The addition of automation made credit optimization more accessible to mortgage loan officers who could simply set a target score and allow our predictive analytics engine to run hundreds of simulations in just seconds to arrive at a detailed plan.

Buyers 432

Buyers Tools Mortgage Lending 432

Housing Wire

JUNE 1, 2021

SVP, Agent Engagement & Development. Genworth Mortgage Insurance. EVP, Retail Lending. Alterra Home Loans. Alterra Home Loans. Senior Loan Officer. Supreme Lending. VP of Product Development. VP, Lending Support. eXp Realty. Kristen Cox. Senior Leader, Flood Solutions.

Retail 397

Retail Lending Loan Officers Finance 397

Birmingham Appraisal

SEPTEMBER 15, 2022

A mortgage appraisal is an appraisal that is done for mortgage lending purposes. Lenders, including banks and mortgage companies, require an appraisal to justify the loan they are making. Appraisers develop an opinion of value for the subject property for various reasons including mortgage underwriting.

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Appraisal Inspection Appraisal Process Real Estate Agent 90

Housing Wire

OCTOBER 7, 2020

Behind him, the recent financial crisis still cast a cautionary shadow over new business development, but ahead he saw opportunities for a client-centric, tech-focused family of companies in the title insurance and real estate settlement services industry. Now, at WFG’s 10-year anniversary, this vision holds even more relevance.

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Insurance Real Estate Technology Loan Officers 370

PennyMac

SEPTEMBER 9, 2020

Conventional loans, the most common mortgage type, require Private Mortgage Insurance (PMI) with a down payment of less than 20%. However your PMI can be removed (by request) once you’ve hit a 78% loan-to-value ratio in some cases. Here are four loan options that can help your down payment dollars go further.

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Insurance Buyers Mortgage Human Resources 36

Housing Wire

OCTOBER 3, 2022

Regardless of the size of a lending business, having the right origination software is the first step in creating a homebuying experience built for the 21st century. The system also provides management reporting on user productivity and loan metrics derived from a beginning-to-end workflow that can reduce costs and manual tasks.

Technology 370

Technology Loan Officers Modernization Retail 370

Housing Wire

AUGUST 9, 2023

We also sought input from industry experts, lenders and loan officers. The nation’s biggest banks stepped in to stabilize the lender with $30 billion of their own money, giving the Federal Depository Insurance Corporation time to find a buyer. After a weekend of negotiations, the FDIC sold First Republic to JPMorgan.

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Marketing Retail Mortgage Investors 370

Housing Wire

JUNE 27, 2022

Like many loan officers, Dicker was working nights and weekends, banging out refinancings and purchase mortgages at record-low rates for clients. Less business for lenders and real estate brokerages, in return, is hurting title companies, tech vendors, appraisers and mortgage insurance firms.

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Housing Market Marketing Brokerage Real Estate 441

Assurance Financial

JUNE 15, 2023

By doing so, Freddie Mac helps to ensure that there is a steady flow of funds available for mortgage lending, which in turn helps to keep interest rates stable and affordable for homebuyers. These are loans that meet Fannie Mae’s underwriting and eligibility standards and conform to loan limits set by the FHFA.

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Government Housing Market Mortgage Investors 36

Housing Wire

APRIL 13, 2022

But that engine could stall if action isn’t taken to increase the supply of affordable housing and expand opportunities for lending to underserved families. Incentivizing developers is necessary. Committing non-bank lending institutions. Housing has always been an engine of economic growth. of GDP in 2020.

Insurance 384

Insurance Construction Government Lending 384

PennyMac

AUGUST 10, 2022

Department of Housing and Urban Development (HUD). An FHA loan sounds like a loan that comes from the FHA, right? This is not true — the FHA does not issue loans directly to homebuyers. Instead, they insure loans offered by private lenders. In return, more homebuyers may qualify for home loans.

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Insurance Buyers Mortgage Renovations 36

Appraisal Today

MAY 12, 2023

Remember what it was like during the crash after 2008, when there were very few loans, and appraisal volume severely declined? Mortgage lending is very, very cyclical. I agree that I would be world-famous and rich if I could predict mortgage lending cycles! The insurance policies were based on reproduction cost, not replacement.

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Appraisal Architecture Business Contracts 52

Housing Wire

MARCH 29, 2022

The three agencies in charge of such reviews — the Federal Reserve , the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency — have not denied a single bank merger in 15 years. And in a March interview with former president Bill Clinton, Department of Housing and Urban Development Sec.

Lending 370

Lending Government Law Mortgage 370

Assurance Financial

JULY 23, 2021

The exact amount you need to save up for a down payment depends on the type of loan you choose, the market conditions and your financial situation. That might be true, as putting down 20% allows you to avoid paying private mortgage insurance (PMI) premiums and can mean you get a better interest rate on your loan.

Mortgage 74

Mortgage Real Estate Agent Government Loan Officers 74

Assurance Financial

JULY 27, 2021

You need to repay the mortgage according to the terms of the loan. Most mortgages require you to make monthly payments of principal, interest and other fees, such as private mortgage insurance (PMI). How long you need to pay for insurance depends on how long it takes you to pay off at least 20% of the home’s value.

Mortgage 69

Mortgage Government Construction Insurance 69

Will Springer Realtor

MARCH 30, 2021

Here are 11 thoughts, gathered from experienced real estate agents, and shared with you: Financial backing – Before considering offers, buyers should speak with their lender to request a letter that states they are strong candidates for a mortgage loan to cover the cost of the home. the seller.

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Inspection Sellers Buyers Real Estate 36

Clear Capital

SEPTEMBER 29, 2021

” This has been a very hot and important topic within the lending space for the last year or so, we’ve talked about it on this podcast before Kenon. And then they went to go buy a home and they were declined because there was all these inequities and biases in the mortgage process and in how mortgages were insured by the FHA.

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Sellers Agents Real Estate Buyers 69

Housing Wire

FEBRUARY 7, 2022

Few things terrify lenders more than the arrival of a manila envelope from the Department of Housing and Urban Development ( HUD ) containing a redlining allegation. Increased redlining enforcement is one piece of HUD’s renewed focus on fair lending, and part of a multi-pronged approach to address the legacy of racist housing policy.

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Insurance Modernization Lending Mortgage 370