Housing Wire

MARCH 23, 2023

In October, the Federal Housing Finance Agency (FHFA) published the first publicly available datasets of aggregate statistics on appraisal records, which provided the public with access to data and trends found in appraisal reports.

Appraisal 352

Appraisal Reconsideration of Value Valuation Training 352

Housing Wire

SEPTEMBER 2, 2022

Finance of America Reverse. Finance of America Mortgage. VP, All In One Loan Finance. SVP, Retail Lending Analytics Manager. EVP, Training and Operational Support. Synergy One Lending. Senior Finance Project Director. Chief Administrative Officer. Andrew Lloyd. SVP, Infrastructure and Operations.

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Retail Realty Finance Technology 323

Housing Wire

MARCH 31, 2022

The draft bill also proposed an “Office of Fair Lending” within the new valuations agency, which would report to the head of the agency. That office would oversee fair lending supervision and examination procedures, as well as the consumer complaint process.

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Appraisal Valuation Training Government 413

Housing Wire

MARCH 9, 2021

The finance giant will also begin training home lending advisors and client care specialists in the reconsideration of value process and fair lending issues related to appraisals. Under the conciliation agreement , JPMorgan will pay the homeowner, a Black woman, $50,000.

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Reconsideration of Value Appraisal Valuation Appraisal Process 450

Appraisal Buzz

MAY 20, 2024

Lenders want to finance a home for an amount they can recoup should the borrower default. Faster Turnaround Times In a seller’s market, the lending institution and homeowners may demand faster turnarounds to push the sale through before the market fluctuates. Young couples on a budget may have thinly stretched finances.

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Appraisal Marketing Sellers Valuation 370

Housing Wire

MAY 26, 2023

This made the company significantly more vulnerable to cybersecurity attacks, the state’s finance department said in a statement announcing the settlement. New York State’s Department of Financial Services (DFS) announced this week that mortgage lender and servicer OneMain Financial will pay a $4.25

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Development Training Lending Finance 335

Housing Wire

SEPTEMBER 27, 2023

The DOJ alleges that the bank also failed to train and incentivize its staff to market and advertise its mortgage services to compensate for its lack of presence in these areas. A director of community lending will oversee the business in communities of color.

Advertising 385

Advertising Loan Officers Lending Training 385

Housing Wire

AUGUST 2, 2021

More than just breaking records in the housing finance space, the HousingWire 2021 Women of Influence are shattering glass ceilings and leaving a legacy for years to come. Finance of America Reverse. Aslan Home Lending Corporation. JMAC Lending. VP, Sales Training. Synergy One Lending. Angela Dunham.

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Insurance Lending Realty Finance 393

Housing Wire

SEPTEMBER 16, 2022

Looking for a quick and easy way to stay up-to-date on mortgage lending news, trends and technology? This podcast not only includes episodes geared specifically toward mortgage professionals, but also features content on personal finance, career advice, sales training, business mentorship and more. Mortgage Lending Mastery.

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Loan Officers Mortgage Lending Modernization 404

Housing Wire

JUNE 10, 2022

Mortgage lender and servicer Planet Home Lending also named Kathryn Edelen as regional vice president of its sales division this week. Erickson will be in charge of product management, the procurement and advancement of technology solutions and will oversee the training department and support teams for Motto Mortgage and wemlo.

Marketing 374

Marketing Real Estate Agent Lending Real Estate 374

Housing Wire

FEBRUARY 29, 2024

In our training, there’s so much focus that we can’t do anything that would be even accidentally discriminatory.” Regulators at the Consumer Financial Protection Bureau (CFPB) have expressed growing concerns about fair lending issues associated with pricing exceptions. Fair lending concern To start, here’s how pricing exceptions work.

Loan Officers 378

Loan Officers Mortgage Lending Real Estate Agent 378

Lamacchia Realty

MARCH 11, 2024

Buyers hoping to purchase condos have been under more stringent lending regulations over the past three years, initially under temporary guidelines that were later made permanent. If you’re interested in finding a condo with a highly trained REALTOR® in your corner to ensure the smoothest transaction possible, contact us today.

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Buyers Lending Insurance Mortgage 66

Housing Wire

APRIL 26, 2022

HousingWire recently spoke to Jonathan Scarpati, Senior Vice President of Wholesale Lending at Finance of America Reverse, about tapping into the reverse mortgage market in light of the changing market. . We have recorded trainings. We have live trainings. But we can assist with all of this.

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Housing Market Business Mortgage Marketing 358

Housing Wire

SEPTEMBER 9, 2021

Dave Sheeler, president of residential servicing and correspondent lending at Freedom Mortgage. Even though it’s rare that housing finance is listed on someone’s career aspirations when leaving high school, it doesn’t mean that the people who are in this space are any less passionate about what they do.

Mortgage 336

Mortgage Lending Training Finance 336

Housing Wire

NOVEMBER 2, 2023

We also continue to keep our eye on any disruption in the warehouse lending space and see as an area of potential focus headed into 2024. MW: Non-QM provides a source of financing solutions that caters towards homeownership of a growing population of underserved borrowers in the United States.

Investors 389

Investors Real Estate Lending Loan Officers 389

Housing Wire

JULY 25, 2022

Communication, borrower education and training of consumer-facing staff are all critical elements to ensure your servicing operation is properly prepared to help borrowers as they exit forbearance plans. Presented by: Selene Finance. Louisiana followed at 2.11% and Alabama was third at 1.77%. . What will servicing look like in 2022?

Mortgage 360

Mortgage Training Inventory Lending 360

Housing Wire

DECEMBER 14, 2021

The Federal Housing Finance Agency (FHFA) is the latest stakeholder to examine how racial bias may creep into property valuations. But “increased transparency and awareness and more training and education” could help combat appraisal bias, the report said.

Appraisal 424

Appraisal Valuation Finance Training 424

Housing Wire

JUNE 17, 2022

Amanda Hill: My first job for a small but innovative bank when I was still in college…I started as a teller, but when I was bored, they taught me to assist in other areas and lending captured my interest! They had a young executive team who valued fresh ideas and were not afraid to train inexperienced novices like me.

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Modernization Inventory Tools Lending 309

Housing Wire

JUNE 14, 2022

The Federal Housing Finance Agency released voluminous plans last week developed by Fannie Mae and Freddie Mac to make the housing market more equitable, in part through changes to the appraisal process. According to Freddie Mac’s equitable housing finance plan, it could be the expansion of automated valuation models.

Appraisal 308

Appraisal Valuation Inspection Law 308

Housing Wire

OCTOBER 14, 2021

But don’t expect UWM to jump aboard the crypto train just yet. Building the next generation of tech: Three ways to digitize home lending. The home lending industry has a massive opportunity to digitalize to create efficiencies and to deliver a simpler end-to-end user experience that would benefit both borrowers and servicers. “UWM

Technology 352

Technology Lending Training Mortgage 352

Housing Wire

JANUARY 14, 2022

Non-QM lenders Angel Oak Mortgage , Acra Lending and Newfi alone currently have at least 130 openings on jobs listings sites. Acra Lending, which rebranded from Citadel Servicing last year , more than doubled its headcount year-over-year from 200 employees to 420 in 2022. “The riches are in the niches.”

Lending 329

Lending Loan Officers Real Estate Mortgage 329

Housing Wire

SEPTEMBER 16, 2021

housing finance industry and deserves a strong leader. I have been following efforts to address that scarcity, including through technology and through recruitment and training efforts (particularly in connection with diverse appraisers). McCargo’s nomination. HousingWire: What is the weirdest job you have ever had?

Finance 324

Finance Legal Development Training 324

Housing Wire

JANUARY 19, 2022

To address money laundering concerns, it may be necessary to ensure that a recordkeeping and reporting requirement attaches to some entity involved in every non-financed transaction,” FinCEN’s proposed rulemaking notice states. of all new-home sales involve non-financed deals. and foreign trusts,” the agency’s proposed rule states. .

Real Estate Agent 429

Real Estate Agent Real Estate Agents Insurance 429

Housing Wire

JULY 25, 2023

What does the top-producing lending officer (LO) in the country have to say to other mortgage lenders? More critical than training on skills is training on having a strong mindset,” said Matt Weaver. HousingWire: What do lending executives need to understand when it comes to supporting top producers? Weaver is the No.

Real Estate Agent 260

Real Estate Agent Mortgage Real Estate Training 260

Housing Wire

JANUARY 10, 2024

.” Many of the individual agents in the study had other full-time jobs as “teachers, government workers, restaurant servers, commercial employees, and a large number in associated industries – mortgage lending, real estate appraisal, commercial and residential investment, and the practice of real estate law.”

Agents 416

Agents Real Estate Real Estate Agent Training 416

Housing Wire

MAY 25, 2022

Partnering with a team that understands how to approach home loans for borrowers with complex finances can make the difference between another year of profit growth and the unfortunate possibility of loss in business, making it one of the most crucial decisions for any lender.

Lending 368

Lending Investing Loan Officers Design 368

Housing Wire

AUGUST 3, 2021

According to the Detroit-based company, it will be leveraging the same technology, data and client experience used in the mortgage, real estate and personal lending spaces “to help Americans make their home more energy efficient.”. PACE programs are also not regulated as heavily as other financial services, including mortgage lending.

Mortgage 402

Mortgage Clients Lending Technology 402

Housing Wire

MARCH 14, 2022

From my perch as the CEO of a digital lending platform, the past two years have witnessed a sea change in technology adoption. It’s also about preparing the lending enterprise for the coming generation of homebuyers. The path to digital lending. Mortgage lending is a very complex business. It did not always work so well.

Mortgage 295

Mortgage Technology Tools Lending 295

Housing Wire

OCTOBER 5, 2023

Like a slow-motion train wreck at first, it is now definitively off the rails and heading over a cliff. Lax lending standards and cheap credit, plus a popular belief that real estate values never decline, created a massive bubble. Following a pattern eerily similar to the U.S. in 2008 and 2009.

Real Estate 398

Real Estate Housing Market Marketing Investors 398

Housing Wire

JUNE 22, 2023

In its originations business, AmeriFirst kept its business purpose lending (BPL), providing four products, including debt-service coverage ratio (DSCR) loans, bridge financing, investor construction loans and residential transition loans (RTLs). Its BPL business originates about $30 million in volume every month, according to the firm.

Loan Officers 335

Loan Officers Mortgage Real Estate Agent Business 335

Housing Wire

DECEMBER 13, 2021

Ninety percent of consumers start their home search online and many get prequalified for financing before they even reach out to a real estate agent. Serving some of the top organizations in the real estate and lending space is a privilege,” said Jason Mitchell, president of JMG. Our goal is not to simply be a distribution warehouse.

Real Estate 414

Real Estate Real Estate Agent Agents Clients 414

Housing Wire

AUGUST 25, 2022

. “For some smaller originators, it could kind of move the needle,” said Bose George, mortgage finance analyst at Keefe, Bruyette & Woods (KBW). The obvious starting place for nonbank lenders looking to capture volume is in jumbo lending, executives and analysts said. Time and training. In total, FoA funded $4.23

Mortgage 389

Mortgage Loan Officers Finance Investors 389

Housing Wire

FEBRUARY 10, 2022

Tricky situations can arise in mortgage lending, especially when navigating less-common products or originating non-agency loans. “They’re doing the same exact training every single year, ” he said. The hours spent on continued education should be useful. ” They aren’t delivering the latest information.”

Loan Officers 356

Loan Officers Law Training Lending 356

Housing Wire

JUNE 6, 2022

Wells Fargo , one of the nation’s largest banks, had at least 114 layoffs in its home lending business following a drop in revenue in that division in the first quarter of 2022. Wells Fargo: at least 114 employees in home lending. The bank’s revenues in the home lending business totaled $1.5 loanDepot: Unknown.

Mortgage 412

Mortgage Loan Officers Lending Human Resources 412

Housing Wire

DECEMBER 16, 2021

The company also works with the consumer in financing the home – including recommending the homebuyer works with one of Knock’s in-house loan advisors. More broadly, the mortgage refinancing gravy train has skidded off the tracks for several lending companies. It began 2021 in 14 markets and is now in 70.

Loan Officers 363

Loan Officers Real Estate Agent Real Estate Agents 363

Housing Wire

MAY 6, 2022

HousingWire recently spoke with John Keratsis, President and CEO of Deephaven Mortgage, about the potential benefits of non-QM lending in today’s tight housing market. First, it is true that margins continue to be compressed in the conforming market primarily due to rising rates and increased financing costs.

Marketing 333

Marketing Lending Loan Officers Training 333

Housing Wire

JUNE 30, 2021

As the nation’s leading VA and FHA lender according to Inside Mortgage Finance 2020, Freedom’s leadership gives its clients access to the platform and people needed to exceed expectations. In fact, last year, Inside Mortgage Finance ranked us as the No. 1 VA, FHA and GNMA lender.”.

Mortgage 196

Mortgage Clients Training Government 196