Housing Wire

SEPTEMBER 21, 2023

The credit risk analytics will combine ICE’s physical climate risk data and DeltaTerra’s climate analytics, financial risk models, and market data to deliver risk impact estimates for investors in the residential and commercial mortgage-backed securities markets. Our climate risk data can help inform investment decisions of U.S.

Investors 228

Investors Investing Finance Insurance 228

Housing Wire

MARCH 11, 2021

Finance of America Reverse will soon debut a hybrid product that combines elements of a reverse mortgage with a forward mortgage. The new product, called EquityAvail, funds at closing and requires that the borrower make payments for 10 years but at a reduced amount, Finance of America Reverse said this week.

Finance 391

Finance Mortgage Retail Home Value 391

Housing Wire

NOVEMBER 2, 2020

As the pandemic shifts from crisis to chronic, investors, community leaders and housing advocates say they intend to make the most of the chance to permanently elevate the case for affordable housing even as economic metrics are starting to shift. The influx of cash to consumers early in the pandemic kept rent payments flowing, all agree.

Investors 408

Investors Transportation Property Taxes Investing 408

Housing Wire

SEPTEMBER 11, 2023

Lesley Alli and Andrew Greenberg both joined NMI Holdings to serve as senior vice presidents, announced the parent company of National Mortgage Insurance Corporation Monday in a statement. Prior to this new position, she served as the chief investor and industry relations officer of Home Point Financial Corporation.

Investors 335

Investors Insurance Finance Government 335

Housing Wire

NOVEMBER 9, 2023

New York-based digital lender Better Home & Finance Holding Company has partnered with information technology consulting company Infosys on a mortgage-as-a-service platform. The company’s latest efforts to become a digital homeownership company includes the launch of Better Insurance. The digital lender reported a net loss of $45.5

Mortgage 344

Mortgage Insurance Finance Technology 344

Housing Wire

MARCH 5, 2024

“There have been at least half a dozen cybersecurity attacks that were successful within housing finance in the last several months; we’ve had to deal with some of those issues directly ourselves and to others we work with,” Sam Valverde, principal executive vice president at Ginnie Mae, said during a regulatory session at the conference.

Insurance 353

Insurance Government Investors Finance 353

Housing Wire

MARCH 1, 2024

For example, recently, Fannie Mae has focused on expanding alternatives to title insurance as a way to supposedly increase homeownership affordability. However, Fannie Mae’s own research from 2022 found that title insurance is not a significant component of the overall closing costs when buying a home.

Insurance 350

Insurance Property Taxes Real Estate Sellers 350

Housing Wire

APRIL 17, 2024

The portfolio of loans examined included residential, commercial investor and business purpose loans. However, CPL Validations issues, including agent good standing, issuance limits or title file order registered in title insurer systems, recorded the largest increase, jumping 29.32%. up 60% compared to non-attorney only states.

Insurance 431

Insurance Agents Tools Legal 431

Housing Wire

FEBRUARY 9, 2023

Northpointe Bank , a regional bank headquartered in Michigan, will walk away from its correspondent lending business to focus on its retail lending, mortgage warehouse financing division and specialty loan servicing business. Northpointe was the 24th largest correspondent lender , according to Inside Mortgage Finance.

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Lending Business Retail Client Relationships 360

Housing Wire

FEBRUARY 7, 2024

According to a Bloomberg report, the bank has already started to offer its mortgage assets to investors in order to transfer the portfolio risks. Bloomberg, citing anonymous sources, reported that NYCB has contacted investors to finance a large portfolio of residential mortgages held by Flagstar Bank. It also had $84.3

Mortgage 363

Mortgage Marketing Investors Real Estate 363

Housing Wire

OCTOBER 11, 2023

A number of players in the industry benefit from the risk data, including real estate investors who need additional insights to make informed decisions. This may give investors pause as to whether a particular real estate investment is a sound one. If adopted, the rule might have a ripple effect on housing agencies such as the U.S.

Real Estate 405

Real Estate Insurance Investors Law 405

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. Inside Mortgage Finance (IMF) first reported on the topic. But they are not immune to systemic industry shocks.

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Lending Finance Insurance Investors 300

Housing Wire

FEBRUARY 22, 2024

Recent cyberattacks at mortgage companies have put the industry in alert mode, executives at top lenders, servicers, tech vendors and investors told HousingWire. Reputational risk Mortgage companies, tech vendors and investors are taking steps to protect their systems. It could disrupt the cash flow to investors, Fitch said.

Mortgage 383

Mortgage Supply Chain Investors Technology 383

Housing Wire

MAY 25, 2021

The bill would allow borrowers to finance up to 100% of the acquisition price. Homebuyers would pay an up-front mortgage insurance premium of 3.6 percent of the principal, which could be financed, and would not pay a monthly insurance premium. Representatives John Rutherford (R-Fla.), Al Lawson (D-Fla.),

Finance 464

Finance Insurance Loan Officers Government 464

Eppraisal

NOVEMBER 28, 2023

Here’s what you need to qualify for a loan, plus the rundown on five financing choices. How First-Time Homeowners Can Utilize Financing Options Buying a house involves saving considerable cash and borrowing the remaining funds necessary to make a purchase is the norm. They can be conforming or nonconforming.  Conforming

Finance 69

Finance Government Insurance Property Taxes 69

Housing Wire

JULY 17, 2023

MRAs account for only one such tool that could impact the foreclosure rate among homeowners of color, as other approaches — including those in the insurance space — could be scaled to meet the needs of potential beneficiaries.

Mortgage 337

Mortgage Tools Insurance Development 337

Housing Wire

MARCH 1, 2023

And yes, this certainly has had an impact on insurance companies from coast to coast, as we’ve seen insurers retreat en masse from states such as California , Florida , and Texas , which have all seen record losses in recent years from wildfires, earthquakes, hurricanes, severe winter storms, sinkholes, and more.

Insurance 346

Insurance Supply Chain Design Government 346

Housing Wire

NOVEMBER 7, 2023

And yet, it would also undermine the institutions that will need to fill the vacuum, independent mortgage banks, by making it more expensive for banks to provide them financing or a market for their primary asset, mortgage-servicing rights. There is a lot here to unpack, so we’ll take it piece by piece.

Mortgage 414

Mortgage Marketing Finance Lending 414

Housing Wire

OCTOBER 5, 2023

“This is a watershed moment for many different reasons as now these [HEAs] can start to become more of a mainstream asset class that a significant number of investors will want to participate in. billion, according to offering documents. The news is just as positive in the more traditional home equity sector of HELOCs and CESs.

Housing Market 383

Housing Market Marketing Contracts Finance 383

Housing Wire

AUGUST 2, 2022

The proposal, by Laurie Goodman, the founder of Urban’s housing finance policy center, Ted Tozer, former president of Ginnie Mae , and Alexei Alexandrov, former chief economist at the Federal Housing Finance Agency , would see measures implemented during the pandemic made permanent.

Government 312

Government Insurance Investors Finance 312

Housing Wire

NOVEMBER 2, 2023

Former employees accused Strauss of not paying salaries and suspending their health insurance coverage retroactively despite collecting contributions from paychecks. The SEC said the executive caused losses to investors after engaging in a pattern of false and misleading claims at American Home Mortgage Investment Corp.

Business 407

Business Loan Officers Law Mortgage 407

Housing Wire

FEBRUARY 16, 2022

In today’s competitive real estate market, an increasing number of real estate investors are turning to private money lenders to help them close deals faster, enhance property valuations, and increase their returns. Property managers and real estate agents who are interested in working with investors.

Real Estate 382

Real Estate Investing Investors Renovations 382

Housing Wire

AUGUST 24, 2023

Shares of Better Home & Finance Holding , the parent of digital lender Better.com, collapsed during its debut on Nasdaq Thursday. At that time, the company was valued by its investors at $7.7 For things like homeowner’s insurance , title insurance, and realtors, we’ve now just become a marketplace. the prior day.

Insurance 366

Insurance Mortgage Realtors Business 366

Housing Wire

FEBRUARY 4, 2021

Stone Point and Insight Partners are highly respected investors who recognize the value and potential of CoreLogic’s digital content, solutions and market-leading platforms that power the housing economy,” CoreLogic President and CEO Frank Martell said. The investors dropped their takeover bid on Nov.

Legal 418

Legal Investors Lending Finance 418

Housing Wire

FEBRUARY 24, 2022

But like real estate brokerage Compass , another company significantly financed by the SoftBank Vision Fund , Opendoor has constructed an empirically money-losing business model with little sign of reversing course. One hypothetical path to profitability is ancillary services, particularly Opendoor mortgage loans and title insurance.

Investors 424

Investors Real Estate Inventory Brokerage 424

Housing Wire

AUGUST 17, 2022

Struggling digital mortgage lender Better.com is teaming up with secretive big data firm Palantir to create a proprietary loan platform that is says will enable Fannie Mae , Freddie Mac and mortgage investors to make “richer and deeper data-driven mortgage capital allocation decisions.”.

Investors 411

Investors Brokerage Valuation Mortgage 411

Housing Wire

FEBRUARY 9, 2023

Regarding Smart Rate, Rehwinkel added that the department was concerned that not all pertinent information had been provided regarding the owner’s background in the industry, “including but not limited to the owner’s experience with real estate finance.” Strauss agreed to pay a $2.45 million settlement in the case.

Real Estate 312

Real Estate Investors Finance Mortgage 312

Housing Wire

NOVEMBER 2, 2021

California-based Anchor Loans, founded in 1998, provides capital for professional residential real-estate investors through bridge and construction products. According to the transaction terms, American Equity Investment Life Insurance Company provided financing for the deal and acquired $1 billion of loans originated by Anchor.

Investing 262

Investing Finance Modernization Investors 262

Housing Wire

SEPTEMBER 7, 2022

Miami-based fintech Milo has started to diversify its portfolio for investors with digital holdings by offering its first crypto-mortgage refinancing product, the company announced on Tuesday. “This solution allows them to extend the repayment term to 30 years and gain access to the financing they would have preferred from inception.”

Mortgage 415

Mortgage Loan Conditions Finance Investing 415

Housing Wire

FEBRUARY 21, 2023

Finance of America Companies (FOA) has entered into an agreement to sell the operational assets of its Finance of America Commercial vertical to Roc Capital Holdings LLC. Following the closing of the [deal], FAM will no longer operate in the business of originating business purpose loans to residential real estate investors.

Business 307

Business Lending Finance Real Estate 307

Padove Appraisal Service

FEBRUARY 24, 2023

Financing: If you are financing your purchase or refinancing your existing mortgage, your lender may require an appraisal to ensure that the property’s value is sufficient to secure the loan. Investment analysis: Real estate investors may use appraisals to evaluate the potential return on investment for a property.

Appraisal 148

Appraisal Property Taxes Insurance Market Value 148

Housing Wire

MAY 26, 2021

After reading the recent report from the Federal Housing Finance Agency on the performance of Fannie Mae and Freddie Mac’ s credit risk transfer programs, anyone unfamiliar with the purposes of CRT might understandably conclude that the GSEs vastly overpaid capital market investors and insurance providers to transfer credit risk off their books.

Insurance 285

Insurance Investors Design Finance 285

Housing Wire

FEBRUARY 14, 2023

Modern software automates investor reporting and compliance and creates a more efficient workflow, allowing servicers to effectively service loans in-house. There is still evidence that higher LTV loans with Private Mortgage Insurance are attractive to buyers who don’t have much money saved up for a down payment.

Modernization 326

Modernization Insurance Investors Tools 326

Housing Wire

OCTOBER 13, 2021

Funds managed by Oaktree Capital Management , MFA Financia l, various family offices, and other strategic investors invested through a StoicLane’s special purpose vehicle, StoicLane said. But Interfirst’s tech bend has undoubtedly attracted some sophisticated investors.

Mortgage 289

Mortgage Investors Investing Technology 289

Housing Wire

NOVEMBER 30, 2022

The company also made headlines in October for its decision to offer an Attorney Opinion Letter product for VA direct and VA-backed home loans as a compliant alternative to title insurance. HousingWire reached out to Albertelli to learn more about Voxtur’s current product offerings and see what’s to come for the organization in 2023.

Real Estate 327

Real Estate Insurance Technology Lending 327

Housing Wire

APRIL 19, 2021

Other investors included Greycroft, Pillar VC, 2LVC, and Gaingels. Knox automates and oversees a property’s finances and taxes, insurance, leasing and legal, tenant and property care, banking, and bill pay. That’s $14.7 million of total funding to-date for Knox.

Landlords 375

Landlords Investing Tenants Construction 375

Housing Wire

AUGUST 1, 2023

The private New York-based company, founded in 2008, manages third-party capital on behalf of insurance companies, pension funds, hedge funds and other investors. “We We continue to see significant volumes of MSRs trading in the marketplace with attractive yields.

Investors 369

Investors Design Insurance Investing 369