Housing Wire

DECEMBER 16, 2020

In a lawsuit filed last week, a mortgage brokerage claimed that one of its former loan officers stole a database containing client names and information and brought it with him to a new job at NEXA Mortgage. In the federal lawsuit, Smart Mortgage alleges that Noe downloaded Dropbox on his company computer without authorization on Feb.

Mortgage 391

Mortgage Loan Officers Brokerage Clients 391

Housing Wire

FEBRUARY 12, 2024

Amanda Phillips, EVP of Compliance, ACES Quality Management In the current mortgage landscape, ensuring the highest standards of loan quality is paramount not only during the origination process but also over the life of the loan. HousingWire: What were some of the challenges faced by lenders in 2023, and what is the outlook for 2024?

Mortgage 371

Mortgage Technology Inventory Lending 371

Housing Wire

DECEMBER 10, 2020

Despite slightly higher Treasury yields, mortgage rates held steady at record lows this week, according to a survey by Freddie Mac. Rates remained at last week’s level of 2.71% for the 30-year fixed rate mortgage, according to Freddie Mac’s Primary Mortgage Market Survey. Although today’s mortgage spread is about 1.8%

Mortgage 502

Mortgage Marketing 502

Housing Wire

AUGUST 16, 2022

Nearly 70 mortgage lenders and brokers made it on the list of Inc. All the top five mortgage lenders debuted on the Inc. theLender , which offers government and conventional mortgages as well as non-QM products, saw a 20,489% three-year growth rate. All the top five mortgage lenders debuted on the Inc. Zap Mortgage (no.335),

Mortgage 368

Mortgage Lending Investors Brokerage 368

Housing Wire

OCTOBER 9, 2023

A mortgage lender isn’t the first place most people would turn to for yoga, meditation or personal wellness. The app offers users the standard fare you’d expect in a mortgage app from a major fintech lender. The app offers users the standard fare you’d expect in a mortgage app from a major fintech lender. As of Oct.

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Loan Officers Mortgage Technology Realtors 414

Housing Wire

OCTOBER 21, 2022

In times as tough as these, mortgage lenders must be proactive in borrower outreach and find consumers’ home finance needs if they’re going to close a deal, a new report by mortgage relationship data company Sales Boomerang concludes. Download this white paper for a roadmap to deploying new technologies.

Mortgage 360

Mortgage Sellers Finance Technology 360

Housing Wire

JULY 12, 2021

Venture capital-backed mortgage lender Better.com is going international. The company, which is expected to go public later this year, has agreed to acquire United Kingdom-based digital mortgage brokerage Trussle. since early 2020, with plans to usurp the traditional mortgage brokerages that dominate the U.K.’s homeowners.

Brokerage 382

Brokerage Mortgage Loan Officers Finance 382

Housing Wire

SEPTEMBER 1, 2023

Pennymac Loan Services and RoundPoint Mortgage Servicing reported this week their customers were exposed to a data breach through the Sovos Compliance software , per filings with the Attorney General in California. primary mortgage servicers in the second quarter of 2023 , according to Inside Mortgage Finance data.

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Law Investing Finance Mortgage 341

Housing Wire

MARCH 4, 2024

At HousingWire , we have a debate about whether home sellers will freeze up again this year as mortgage rates stay stubbornly high. But now it’s March, and mortgage rates are the highest they’ve been all year, the economy continues to report strong numbers so the Fed is growing less likely to cut rates soon. So that rule holds.

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Inventory Sellers Buyers Real Estate 474

Housing Wire

FEBRUARY 20, 2024

mortgage lender loanDepot. loanDepot, which originated about $17 billion in mortgages in the first three quarters of 2023, had reported that a cyberattack brought down the company’s systems earlier this year. Infamous ransomware gang AlphV/BlackCat claimed it was behind the January cyberattack at top 15 U.S.

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Government Tools Development Mortgage 342

Appraisal Buzz

APRIL 12, 2024

Ginnie Mae has further expanded its low-to-moderate income (LMI) disclosure initiative to include pool-level data for its home equity conversion mortgage (HECM) mortgage-backed securities (HMBS) program. Ginnie Mae’s new HMBS LMI disclosures cover active loans pooled from 2012 through the present time, the firm says in a release.

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Investors Investing Government Finance 195

Housing Wire

AUGUST 17, 2022

July saw whiplash mortgage rates and our audience followed economic news very closely. But we also saw some resiliency, with companies expanding loan products — especially cash out and home equity— and shoring up their mortgage servicing rights. This theme wasn’t limited to white papers.

Housing Market 389

Housing Market Marketing Insurance Inventory 389

Housing Wire

MARCH 8, 2022

Now, from within the RealDeals portal, preferred agents can track the borrower’s status, manage documents — such as uploading purchase agreements and downloading conditional approval letters — for faster closings. Product Fast Facts. #1.

Loan Officers 331

Loan Officers Realtors Tools Agents 331

Housing Wire

JULY 13, 2022

June was a volatile month for mortgage rates and for lenders having to adapt quickly to changing conditions. Other top stories looked to make sense of the new environment, including: · How mortgage lenders are navigating life at 6%. · Housing starts data raises 5th recession red flag. CFPB to review QM rule.

Housing Market 351

Housing Market Marketing Realtors Technology 351

Housing Wire

MARCH 24, 2023

No downloading of software or an app is required. ChatGPT for lenders Several use cases exist for mortgage companies and loan officers to use ChatGPT and AI. AI can be used to provide a more personalized experience for mortgage customers. Download the free ebook “ChatGPT For Lenders” on www.ChatGPTForLenders.com

Loan Officers 470

Loan Officers Legal Development Marketing 470

Housing Wire

DECEMBER 21, 2022

Guild Mortgage and Caliber Home Loans have both sued CrossCountry on similar grounds. In October 2021, Guild Mortgage sued CrossCountry for allegedly engaging in similar practices. loanDepot registered a partial win against CrossCountry in a trade secret and employment-separation dispute. . billion in business.

Legal 374

Legal Loan Officers Contracts Business 374

Housing Wire

AUGUST 15, 2022

Angel Oak Mortgage Solutions has five easy steps for originators to follow for success with non-QM. Each step is detailed in an asset piece that you can download here: Get The Steps. A large number of originators Angel Oak works with have carved out a niche for themselves just in the self-employed market. Establishing a personal brand.

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Marketing Business Mortgage 347

Housing Wire

NOVEMBER 17, 2023

The transition of three veteran sales executives from South Carolina-based lender Movement Mortgage to its California competitor Summit Funding led to a legal battle over poaching. mortgage lender in the first nine months of 2023, per Inside Mortgage Finance (IMF) estimates. It originated $15.46 year over year.

Loan Officers 333

Loan Officers Legal Retail Finance 333

Housing Wire

APRIL 12, 2023

For mortgage lenders, all this boils down to one set of questions: What will borrowers do in 2023? We found that today’s borrowers want: Flexibility: When it comes to financing a mortgage, more than half (53%) cited flexible loan options among their most important considerations. In the mortgage industry, we can always count on change.

Realtors 369

Realtors Finance Investing Business 369

Housing Wire

FEBRUARY 28, 2022

After being a part of the award selection committee for this year’s list of Tech100 mortgage and real estate winners, it’s easy to see how the housing space isn’t simply launching new products and tools, it’s sometimes even leading tech conversations — looking at you, blockchain. I’d say this concept hasn’t been true for a while now though.

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Tools Real Estate Business Mortgage 275

Housing Wire

SEPTEMBER 14, 2021

Black Knight is looking to hook mortgage brokers with a new loan origination system designed specifically for them. The mortgage tech firm said LoanCatcher is entirely cloud-based and can be used on any internet-connected device. The mortgage tech space is rapidly becoming a crowded one. The company went public at a $4.6

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Technology Design Lending Valuation 271

Inman

NOVEMBER 23, 2023

A big drop in mortgage rates has resulted in holiday rejoicing for agents and hopeful buyers. Make sure you're ready to work with them.

Agents 206

Agents Mortgage Buyers 206

The Appraiser Coach

JUNE 6, 2023

If our mortgage is $3500 a month, but we get $5500 dollars a month in returns, that’s a couple thousand dollars that can further be invested to start turning a profit. For example: my wife and I have been saving money for a long time, and we eventually decided that just putting more money in the bank wasn’t doing us any good.

Investing 195

Investing Appraisal Mortgage Inspection 195

Housing Wire

OCTOBER 6, 2021

with the Securities and Exchange Commission last week gave the mortgage industry a glimpse into how its partner Better.com fared in the second quarter. The digital mortgage lender, which plans to go public via a special purpose acquisition company (SPAC), reported a net loss of $86 million in the second quarter. And it wasn’t great.

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Insurance Investors Real Estate Loan Officers 403

Housing Wire

AUGUST 31, 2022

Lastly, as a pro-tip for attending, as you plan out each of your days for the event, stay tuned for more information on how to download our HousingWire event app, which allows to plan out the sessions you want to attend and look at a list of attendees. 3 Can’t-miss HW Annual panels for new mortgage loan officers. HousingWire Annual.

Real Estate 343

Real Estate Loan Officers Technology Mortgage 343

Housing Wire

JULY 21, 2022

Recent pleadings filed in the bankruptcy case of First Guaranty Mortgage Corp. He also contends in his court pleadings that the amounts advanced under the warehouse lines are secured by “mortgage loans, cash and related collateral.”. One is the warehouse line — set up to facilitate FGMC’s funding of mortgage loans.

Finance 387

Finance Investing Mortgage Lending 387

Housing Wire

MARCH 16, 2021

For the past few years, low mortgage rates have fueled a housing market so hot that even a pandemic couldn’t derail purchase originations. Record-breaking lending volumes led many lenders to tighten up their processes across every stage of the mortgage cycle.

Property Taxes 379

Property Taxes Tools Clients Lending 379

Appraisal Buzz

SEPTEMBER 6, 2022

In today’s competitive environment, mortgage lenders are seeking new ways to improve their responsiveness to borrowers, and many want appraisers who use these time-saving technologies. Those early adopters who can meet lenders’ needs now will be well-positioned when the mortgage market heats up again.”.

Appraisal 195

Appraisal Inspection Lending Clients 195

The Appraiser Coach

MAY 23, 2023

Early on in my career, I started working for a mortgage company that was just about as twisted as could be. For more information on this subject, please download and listen to The Appraiser Coach Podcast Episode: [link] The post The Importance of Integrity first appeared on The Appraiser Coach. It can’t last.

Business 195

Business Appraisal Mortgage Inspection 195

Housing Wire

JUNE 4, 2021

Download the white paper for a playbook to building a tech-enabled acquisition strategy for growth. Stewart recently acquired Cloudvirga , a leading fintech company that powers digital mortgages through its retail and wholesale point-of-sale systems. Ten of country’s top 40 mortgage lenders use Cloudvirga.

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Retail Investing Valuation Business 280

Housing Wire

NOVEMBER 13, 2020

Consumers are ready — and they’re waiting on mortgage to catch up. While mortgages make up the lion’s share of consumer debt — nearly 72% of it, according to the Fed — they’re among the rarest financial transactions in a consumer’s life. There’s no doubt that mortgage data is among the most valuable in the world.

Modernization 482

Modernization Technology Mortgage Investors 482

Housing Wire

APRIL 12, 2021

This case study explores how Plaza Mortgage was able to reduce its property tax estimation time by upwards of 90% per loan by implementing CoreLogic’s Property Tax Estimator (PTE). Download this case study to find out about the integration process and the results it yielded. Presented by: CoreLogic.

Property Taxes 226

Property Taxes Lending Loan Officers Business 226

Assurance Financial

MARCH 14, 2022

A mortgage usually lasts for 15 or 30 years, but that doesn’t mean you have to have the same home loan for several decades. Some people choose to refinance their mortgage at some point, either to take advantage of lower interest rates or change the loan length. What Does It Mean to Consolidate Mortgages?

Mortgage 69

Mortgage Appraisal Insurance Lending 69

Housing Wire

JUNE 10, 2021

By partnering with a mortgage company that understands how to streamline non-Qm loans, brokers can close loans quickly and effectively. HousingWire recently sat down with John Jeanmonod, Regional Vice President of Sales at Angel Oak , about the company’s non-QM solutions which make the mortgage process easier for brokers.

Clients 345

Clients Business Mortgage Investors 345

Assurance Financial

APRIL 29, 2021

Important Mortgage Acronyms. When you’re in the process of shopping for a home and a mortgage, you’re likely to encounter what looks like alphabet soup. All those letters and mortgage statement abbreviations can make your head spin. Mortgage Term Abbreviations to Know. ARM (Adjustable-Rate Mortgage).

Mortgage 74

Mortgage HOA Insurance Real Estate Agent 74

Assurance Financial

JANUARY 3, 2022

Wondering how many mortgages you can realistically get on a single residential property? Whether you want to finance your first home or you already have an existing mortgage and you’re looking for ways to refinance your home, you might be wondering about the number of mortgages you can take out on one property.

Mortgage 69

Mortgage Finance Loan Officers Law 69

Movoto

MARCH 25, 2024

5 Steps For Getting Pre Approved For A Mortgage For the majority of homeowners ( 80%, per the National Association of Realtors ), buying a home is made possible, thanks in part to a mortgage. So, knowing the steps to getting pre-approved for a mortgage is highly beneficial for those considering buying a home. you really love.

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Mortgage Real Estate Agent Sellers Real Estate 36