Housing Wire

APRIL 6, 2023

Strauss is also accused of suspending staffers’ health insurance coverage retroactively to May 2022, despite collecting the employees’ contributions from their paychecks. At Sprout, Strauss struggled to sell loans in the secondary market that were originated at 2-4% when investors were asking for more premiums.

Investors 292

Investors Mortgage Insurance Real Estate 292

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. Jumbo loan volume increased 3.1% At Finance of America , reverse mortgages have been a ??

Mortgage 391

Mortgage Loan Officers Finance Investors 391

Housing Wire

FEBRUARY 3, 2022

Investors have largely shunned nonbank mortgage stocks, and analysts believe the hard times are still ahead. Finance data. In the next few quarters, we should see a more challenging market,” Bose George, mortgage finance analyst at Keefe, Bruyette & Woods (KBW) , told HousingWire. Investors were nonplussed.

Mortgage 374

Mortgage Retail Finance Investors 374

Housing Wire

SEPTEMBER 15, 2020

This article was written for FinLedger, HW Media’s new fintech focused news brand designed specifically for financial services professionals in banking, payments, insurance and proptech. business advisory firm in real estate, mortgage finance, digital mortgage, banking and capital markets. Register for the FinLedger Daily Newsletter.

Business 466

Business Law Real Estate Investors 466

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?

Technology 355

Technology Mortgage Tools Insurance 355

Housing Wire

JUNE 15, 2022

Investors asked for higher premiums to invest in these assets amid a flight to quality caused by the expectation of higher U.S. “Even though the market may have priced in some of the rate change already, the volatility is just requiring additional yield to be provided to investors to accommodate for the changes going on.”

Mortgage 381

Mortgage Investors Clients Marketing 381

Housing Wire

MARCH 30, 2022

The title insurance space isn’t generally known for placing outsized bets on technology. We’re identifying and investing in new mortgage technology companies and capitalizing on the recent interest of entrepreneurs and venture investors in commercial real estate. As of Sept.

Mortgage 348

Mortgage Real Estate Investing Technology 348

PennyMac

JUNE 2, 2022

Financing, knowing what kind of property to buy, and the many other steps are all part of a well-rounded investment plan. For example, typical annual costs include things like: Insurance. It may seem overwhelming, but with the right financing, this is doable. Decide Whether To Loan or Buy In Cash. Property taxes.

Real Estate 69

Real Estate Investing Tenants Property Management 69

Housing Wire

DECEMBER 28, 2023

In his 20 years in mortgage banking, no year has compared to 2023 in terms of difficulty, said Ben Cohen, Guaranteed Rate ’s managing director and a top-producing loan officer. It was another brutal year, pushing loan originators to work longer hours, close loans faster while diversifying their mortgage product offerings.

Business 415

Business Mortgage Loan Officers Inventory 415

PennyMac

FEBRUARY 13, 2024

In a standard home purchase scenario, prospective homebuyers apply with a lender to obtain conventional financing to get the new home on their wishlist. Did you know, however, that there may be another financing option that could possibly benefit both the buyer and the seller under the right circumstances? and $220,071.99

Mortgage 53

Mortgage Sellers Buyers Finance 53

Eppraisal

DECEMBER 28, 2021

While applicants can feel uneasy about a bank looking so closely at their financial lives, they can nonetheless take comfort from the fact that the lender's thoroughness enables it to make loans in the first place. Assembling and confirming the validity of these documents is the job of a loan processor.

Mortgage 68

Mortgage Home Value Insurance Loan Officers 68

Miller Samuel

FEBRUARY 12, 2019

Miller said that real estate investors should stop trying to perfectly time the market (both with rate and supply vs. demand). Perfect timing is a concept that was born out of the housing bubble, he said, when investors viewed housing as a highly liquid stock, instead of in its proper context.

Marketing 221

Marketing Real Estate Appraisal Sellers 221

Assurance Financial

JUNE 15, 2023

Its purpose is to provide liquidity and stability to the housing market by buying mortgages from home loan lenders and securitizing them into mortgage-backed securities (MBS) that are sold to investors. Fannie Mae is regulated by the Federal Housing Finance Agency (FHFA) and is one of two GSEs, the other being Freddie Mac.

Government 36

Government Housing Market Mortgage Investors 36

PennyMac

DECEMBER 22, 2020

Many potential homebuyers and investors overlook bank-owned properties, but for buyers who take the time to understand the REO process, these homes can be a significant opportunity. REO properties are attractive to homebuyers or real estate investors for several reasons. Step 2: Find a Lender and Discuss REO Financing.

Inspection 69

Inspection Real Estate Agent Real Estate Agents 69

Housing Wire

AUGUST 8, 2023

Until mid-2022, 65% of Busch’s pipeline were jumbos , conventional loans that exceed Fannie Mae and Freddie Mac ‘s purchase standards , as set by the Federal Housing Finance Agency. The FHFA’s conforming loan limit was a baseline of $647,200 in 2022, and $726,200 in 2023.) Jumbos represented 22.7%

Insurance 338

Insurance Mortgage Clients Lending 338

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. FHA Home Loans. Conventional Fixed-Rate Mortgages. Learn More. Minimum Down Payment.

Insurance 36

Insurance Buyers Mortgage Human Resources 36

Housing Wire

AUGUST 9, 2023

We also sought input from industry experts, lenders and loan officers. Inside Mortgage Finance (IMF) data shows that First Republic held the jumbo crown in the first quarter of 2023, with $3.7 We took those same investors that are our partners, and we just aligned specific products to them.” year over year.

Marketing 329

Marketing Retail Mortgage Investors 329

Assurance Financial

NOVEMBER 28, 2023

A mortgage is a critical tool to have — it allows you to become a homeowner without putting down hundreds of thousands of dollars on the spot, and it lets you pay off your loan over time. About 96% of first-time homebuyers finance the purchase with a mortgage. The loan is usually repaid over a period of years.

Mortgage 69

Mortgage Property Taxes Insurance HOA 69

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.

Housing Market 418

Housing Market Marketing Brokerage Real Estate 418

Assurance Financial

SEPTEMBER 28, 2021

Each person’s finances come with a wide range of variables, such as income, expenses, debts, interest rates, credit scores, and the bank being used. If you’ve done your homework, reviewed your finances, and decided that paying off your mortgage is right for you, then we want to teach you some ways to make that dream a reality.

Mortgage 36

Mortgage Investing Finance Loan Officers 36

PennyMac

MARCH 20, 2023

A conventional loan doesn’t have to be guaranteed or insured by the federal government, but it does adhere to Fannie Mae and Freddie Mac guidelines in most cases. A conforming loan, on the other hand, describes a certain set of characteristics, mainly loan amount, contained within a home loan.

Government 36

Government Insurance Loan Officers Mortgage 36

Housing Wire

APRIL 13, 2022

As a driver of the economy, housing should be bolstered by: Non-bank lending institutions to lend in lower-income areas and to minorities in the same way that CRA provides for banks Reducing government-insured and guaranteed mortgage loan fees. Reducing government-insured and guaranteed mortgage loan fees.

Insurance 377

Insurance Construction Government Lending 377

Appraisal Today

MAY 12, 2023

Fannie Mae will end up creating more instability for the trillions in the bond market – investors will have to process millions of valuations with the physical attributes of the home collected by unlicensed, uninsured, and unprepared individuals getting paid $10-$25 per inspection. I had appraised many of the homes that burned down.

Appraisal 52

Appraisal Architecture Business Contracts 52

Clear Capital

SEPTEMBER 29, 2021

And the mechanism behind it is if I have an offer that is accepted as a Ribbon-backed offer, I go to closing and if for some reason the lender is unable to finance the mortgage on time, we’ll step in, we’ll buy the home on behalf of the consumer. And you should not be competing against 25 different investors. Shaival Shah.

Sellers 69

Sellers Agents Real Estate Buyers 69

PennyMac

JANUARY 16, 2022

Andra Hopulele is a senior writer with Point2Homes whose data-driven articles have been quoted by publications including Yahoo Finance, Statista and Business Insider. The cost of owning a vacation home is not only what you pay for it, but also associated taxes, utility costs, HOA, upkeep costs, insurance etc.

Investing 36

Investing Property Taxes Real Estate Renovations 36

Housing Wire

MARCH 15, 2022

Over the next two decades, housing finance experts predict Hispanic homeowners will make up 70% of all new homeowners. About two-thirds of purchase originations financed by the GSEs that year went to non-Hispanic white borrowers, while 10.9% of loans purchased by Fannie Mae, and 8.4% NAHREP co-Founder and CEO Gary Acosta.

Government 335

Government Insurance Finance Investing 335

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. Federal government lawyers assailed Trustmark for redlining in Hispanic and Black neighborhoods. The reason?

Lending 362

Lending Government Law Mortgage 362