Housing Wire

MAY 2, 2024

In early November, 30-year fixed mortgage rates began a nosedive, declining from near 8% to below 7% in a matter of months before once again starting to rise at the start of 2024. at the end of April, according to HousingWire ’s Mortgage Rates Center. Non-QM mortgages include loans that cannot be purchased by Fannie Mae or Freddie Mac.

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Housing Wire

NOVEMBER 10, 2023

Redfin classified purchases as all-cash when transactions had no mortgage loan information on the deed. High mortgage rates are exacerbating inequality between people who own homes and people who don’t,” Redfin Senior Economist Sheharyar Bokhari said. In September, government-insured FHA loans represented a little over 15% of U.S.

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Mortgage Buyers Insurance Government 437

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.

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Housing Wire

MARCH 1, 2024

While mortgage rates will likely fall this year, conversations about how to increase accessibility to homeownership are still top of mind — and should be top of mind — across the real estate industry. Accounting for geography, differences in title and settlement costs across groups of borrowers were not “economically meaningful.”

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Insurance Property Taxes Real Estate Sellers 426

Housing Wire

MARCH 5, 2024

Ginnie Mae has introduced new cybersecurity incident reporting requirements, the government-owned enterprise announced on Monday. Effective immediately, issuers of Ginnie Mae mortgage-backed securities must notify Ginnie Mae of any cybersecurity incident within 48 hours of its detection.

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Insurance Government Investors Finance 421

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.

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Housing Wire

DECEMBER 14, 2023

The fees paid to the mortgage-backed security (MBS) investor and lender are next with the accumulated cost of the annual interest payments made to the investor(s) that purchased the MBS bond containing the mortgage, and the lender’s net origination charges at closing plus the accumulated value of the excess interest the lender charges for profit.

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Insurance Property Taxes Buyers Investors 427

Housing Wire

AUGUST 2, 2022

“Foreclosure is the most expensive thing that can occur during a mortgage,” said Alexandrov. “ For the conventional mortgage market, the government-sponsored enterprises could bear the entire cost of the forbearance, the researchers argue. But while the borrower isn’t paying, who would?

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Government Insurance Investors Finance 367

Housing Wire

OCTOBER 12, 2023

1, investors are trying to make sense of the steady September inflation data and its impact on the Fed ‘s next rate-hike decision. Indices that increased in September were rent, owners’ equivalent rent, lodging away from home, motor vehicle insurance, recreation, personal care and new vehicles. in August and 0.2%

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Government Housing Market Contracts Insurance 400

Housing Wire

OCTOBER 23, 2020

Just before its stock debuted at a disappointing $15 a share, Guild Mortgage settled a federal lawsuit that claimed the lender knowingly breached legal requirements when it originated and underwrote FHA loans. Those loans, originated between 2007 and 2011, defaulted and led to claims to the FHA for mortgage insurance.

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Mortgage Government Retail Lending 487

Housing Wire

FEBRUARY 10, 2023

Nonbank mortgage lender and servicer Mr. Cooper has signed a definitive agreement to acquire the investment management firm Roosevelt Management Company, LLC., 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.

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Investing Investors Insurance Government 370

Housing Wire

JANUARY 13, 2021

have taken advantage of its mortgage relief provisions. Many of these challenges persist today, while new ones – like post-forbearance credit reporting, investor and year-end reporting for deferred balances – continue to arise. How the National Flood Insurance Program’s recent extension provides stability for the housing market.

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Mortgage Investors Technology Housing Market 461

Housing Wire

SEPTEMBER 15, 2023

Listen to all of these really great mortgage programs (most agents and buyers don’t know about these!) FHA mortgage programs The Federal Housing Administration (FHA) provides easy-to-qualify government insured loans. 30% of the buyer’s gross income should be available to use towards their mortgage payments.

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Real Estate Government Law Buyers 417

Housing Wire

MAY 24, 2023

The Federal Reserve ‘s monetary tightening policy and the recent banking crisis have the potential to change the mortgage-backed securities (MBS) market’s dynamics more than anything seen over the last two decades, according to secondary market experts. They are likely to be replaced by money managers as investors.

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Marketing Insurance Investors Mortgage 381

Housing Wire

MAY 25, 2021

Mortgages would be subject to FHA loan limits. 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. Loan officers, too, sometimes have reservations about government-financed loans.

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Finance Insurance Loan Officers Government 469

Housing Wire

FEBRUARY 19, 2024

That’s because the unpaid loan balance continues to grow for delinquent mortgages due to unpaid interest, property taxes and insurance. When the mortgage balance is increasing at a faster pace than home prices, more time in foreclosure only digs a deeper home equity hole for distressed homeowners. Assuming he put 3.5%

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Real Estate Property Taxes Insurance Government 436

Housing Wire

MARCH 23, 2022

The wholesale lender is preparing to launch two non-qualified mortgage products this year, including bank statement and investor cash flow loans. So far, United Wholesale Mortgage (UWM), the nation’s largest wholesale lender, has launched new non-QM offers. million. . .”

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Marketing Investors Real Estate Insurance 367

Housing Wire

APRIL 14, 2022

What happens when the Federal Reserve begins pulling back in a serious way from the mortgage-backed securities (MBS) market that it has helped to prop up through billions of dollars in bond purchases since the start of the pandemic in 2020 — to the point where it now holds a $2.7 You don’t know what investor demand is going to be.

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Marketing Investors Government Investing 406

Housing Wire

APRIL 26, 2023

On March 29, the Federal Housing Finance Agency (FHFA) announced Fannie Mae and Freddie Mac would enhance their COVID-19 pandemic-era deferral policies which allowed homeowners experiencing hardship to defer up to six months of mortgage payments to be settled at the end of the loan.

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Insurance Mortgage Government Investors 376

Housing Wire

MARCH 3, 2022

A growing chorus of mortgage servicers, consultants, and lobbyists support the idea of having forbearance programs as a permanent solution in the industry’s loss mitigation toolkit, rather than only a temporary relief for wide-scale events such as financial crises and pandemics. So, it may start to come down.

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Insurance Finance Government Mortgage 370

Housing Wire

NOVEMBER 10, 2023

Fidelity National Financial finished out third-quarter earnings reporting for the Big Four title firms this week, hosting its earnings call with investors and analysts Wednesday morning. Upfront Title will be available to mortgage software platforms and the government sponsored entities before the end of the year.

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Investors Retail Government Mortgage 406

Housing Wire

MAY 27, 2022

The requirement also applies to mortgage lenders, legal experts say. The CFPB, a government watchdog agency, said lenders aren’t absolved from adverse action notice requirements under the Equal Credit Opportunity Act if they use complex algorithms, which Rohit Chopra, the director of the CFPB, has dubbed “black-box models.”.

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Law Legal Valuation Government 417

Housing Wire

SEPTEMBER 6, 2023

The most likely outcomes include: Lenders: Fewer than 50 mortgage lenders will transition to a federated model that enforces the controls necessary for secure cross-industry interoperability. Investor expectations will change, and government entities will attempt to coordinate their response.

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Supply Chain Real Estate Technology Mortgage 370

Housing Wire

FEBRUARY 17, 2023

When you think about the current mortgage servicing landscape, it’s complex,” said Kristin Broadley, Chief Innovation Officer at QC Ally. You’re under constant scrutiny and constantly having to monitor and govern processes and practices to make sure that you are doing right by your clients.”

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Government Clients Training Insurance 360

Housing Wire

JUNE 9, 2021

He’s right and we disagree with the Community Home Lenders Association ’s assertion that such an affirmative obligation should not also extend to independent mortgage companies. Bank CRA obligations cover far more than their mortgage lending. They stepped into the void created as some large banks retreated from the mortgage market.

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Lending Development Government Finance 500

Housing Wire

FEBRUARY 21, 2023

“Following the closing of the [deal], FAM will no longer operate in the business of originating business purpose loans to residential real estate investors. FOA announced its intention to exit the forward mortgage originations business in late 2022 by winding down the operations of Finance of America Mortgage.

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Business Lending Finance Real Estate 366

Housing Wire

AUGUST 10, 2023

The share of distressed property auction buyers who say they are owner-occupants nearly doubled over the last year, boosted by a game-changing government policy that took effect last August. Auction.com implemented the first look auctions for FHA-insured properties in August 2022 and saw an immediate impact: from nothing to 8.2%

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Renovations Buyers Development Insurance 370

Housing Wire

MAY 23, 2022

Potential homebuyers in today’s market are facing a number of challenges, including increasing mortgage rates and a sizeable supply and demand imbalance that is pushing home-price appreciation to very high levels throughout the country. Primary mortgage market rates are a function of several factors.

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Insurance Government Mortgage Marketing 395

Housing Wire

FEBRUARY 27, 2024

The practice of redlining , initiated in the 1930s, where banks and insurers refused services to entire neighborhoods based on racial composition, further entrenched these disparities. My success is based on my skill at identifying, targeting, and acquiring distressed mortgage notes and properties that earn these returns.

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Real Estate Investors Business Lending 427

Housing Wire

AUGUST 7, 2023

Real estate still relies on a “system” unable to integrate production across the silos of media, brokerage, lending, insurance and trading. The result is higher costs, lower productivity, unmeasured quality, and systemic exposure as government monopolies take most of the risk and make most of the money.

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Real Estate Supply Chain Architecture Brokerage 369

Housing Wire

SEPTEMBER 8, 2020

Adopting a “poison pill” strategy, Corelogic approved a shareholder-rights plan that prevents investors from acquiring 10% or more of the company’s common stock, or 20% in the case of certain passive investors.

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Investing Investors Government Insurance 342

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. Consumer loans such as mortgages and other financial documents require notarization. insurance companies, including home and auto providers.

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Business Law Real Estate Investors 487

Housing Wire

DECEMBER 20, 2021

A $250 monthly child tax credit from the federal government for each child also helps the household. While the family’s income has been cut by almost half and inflation has increased their expenses, Wilen’s primary concern is his mortgage. “They’ve had a manageable budget due to mortgage forbearance. .

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Mortgage Government Contracts Insurance 391

Eppraisal

NOVEMBER 28, 2023

  You can still qualify for a mortgage loan even if you have low income or bad credit and are willing to pay a small down payment. Mortgage lending is about trade-offs, so expect compromises when you make yourself a riskier borrower for lenders. They can be conforming or nonconforming.  Conforming

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Finance Government Insurance Property Taxes 69

Housing Wire

JULY 11, 2022

The federal government’s signature program to help homeowners from falling behind on their mortgage, having utilities shut off, or being forced out of their homes, is finally being rolled out across America through pilot programs. 21, 2020, to apply for government assistance.

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Logistics Design Government Finance 359

Housing Wire

APRIL 5, 2022

But what does virtual real estate mean for real-world mortgage professionals? Is there demand for “mortgages” to buy virtual real estate in the Metaverse? However, to call it a “mortgage” in the traditional sense may be incorrect, for now. TerraZero is not a licensed mortgage lender. Underwriting a Metaverse mortgage.

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Real Estate Mortgage Property Taxes Law 529

Housing Wire

OCTOBER 12, 2020

Under the CARES Act, homeowners have been able to ask for forbearance from their mortgage servicers and suspend payments for up to 12 months. Though numbers have declined since hitting a peak earlier this year, the Mortgage Bankers Association estimates there are still at least 3.4 million homeowners in forbearance plans.

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