Housing Wire

MARCH 28, 2024

Modern manufactured homes are an unusual feature of today’s housing market, the rare homeownership opportunity that is both lower-cost and high-quality. Much of this market dysfunction is also attributable to a lack of lenders. The home-only lending market presents several major opportunities.

Business 445

Business Finance Buyers Lending 445

Housing Wire

MAY 13, 2024

The FSOC report, released on Friday, states that these companies quickly adapt their operations to market conditions, are early adopters of technology and are key for underserved borrower groups. For example, nonbank mortgage servicers must make certain advances and their debt can be limited, repriced or even canceled in times of stress.

Finance 445

Finance Government Mortgage Legal 445

Housing Wire

MAY 2, 2024

The housing market has been on a topsy-turvy roller-coaster ride in recent years that has been particularly neck wrenching since this past fall, fueled by stubbornly high inflation and a still-strong jobs market. Treasury market — jumping to as high as 121 in mid-April after ending March near 85.

Marketing 426

Marketing Mortgage Investors Sellers 426

Housing Wire

OCTOBER 18, 2023

. “We’re hoping to have a final policy [for the payment supplement partial claim] out before the end of the year, although I will say keep your fingers crossed that we don’t face any lapse in appropriations that would shut down the government.” 14-17 in Philadelphia.

Mortgage 425

Mortgage Government Insurance Tools 425

Housing Wire

DECEMBER 1, 2021

years in prison — the maximum the federal government said it would seek — as well as three years of supervised release. As the housing market changes, so does lending fraud. Housing market conditions are changing in ways that may increase fraud risk and fraud schemes are becoming increasingly sophisticated.

Mortgage 544

Mortgage Insurance Lending Government 544

Housing Wire

FEBRUARY 1, 2023

High interest rates, coupled with a still-low supply of housing, have created price hurtles that are keeping many first-time homebuyers and lower-income borrowers locked out of the housing market. In terms of acceptance in the secondary market of these TRBLs, which is key to ensuring lender liquidity, the jury is still out.

Marketing 407

Marketing Government Mortgage Sellers 407

Housing Wire

JULY 27, 2022

As agencies seek best practices, this is indicative of more specific requirements for banks, lending institutions and entities that have access to sensitive borrower data and recordable instruments. Those insurance policy coverage issues can include misrepresentation and unlicensed or unapproved parties attempting to provide services.

Contracts 355

Contracts Marketing Law Agents 355

Housing Wire

JUNE 7, 2022

Originators will lose out to quicker competitors, especially in a purchase money market. Servicers, especially those who service government-insured loan products, are under statutory time constraints that give them very little wiggle room. The post Are these factors creating chaos in your mortgage lending ops?

Lending 356

Lending Mortgage Technology Modernization 356

Housing Wire

JULY 20, 2023

The consensus is that the change would primarily affect the shrinking jumbo market (loans greater than $726,200) and hurt regional banks , sources said. Residential mortgage-backed securities guaranteed by government-sponsored enterprises (GSEs) wouldn’t be affected.

Mortgage 369

Mortgage Marketing Lending Finance 369

Housing Wire

MARCH 7, 2024

For investors in the private-label securities (PLS) market, the earlier signal was enough to unleash a boatload of money that had been sitting on the sidelines waiting for the “peak” to arrive, according to several market experts interviewed recently by HousingWire. It’s a matter of speed. …

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Investors Government Mortgage Investing 415

Housing Wire

JULY 26, 2021

The housing market is red hot. The roots of racial disparities in housing and mortgage markets run deep. Government-backed New Deal programs of the 1930s openly discriminated against minority borrowers and neighborhoods. Justice Department charges of fair-lending violations.

Mortgage 501

Mortgage Lending Real Estate Agent Government 501

Housing Wire

MARCH 23, 2022

Add Homepoint to the list of lenders entering the non-QM market in 2022 amid a fall in origination volume. . Current government-sponsored enterprise guidelines make it difficult for these borrowers who don’t have a traditional salary to qualify for agency-backed loans. million. . .”

Marketing 367

Marketing Investors Real Estate Insurance 367

Housing Wire

JUNE 9, 2021

Bank CRA obligations cover far more than their mortgage lending. IMBs and other nonbanks have followed banks into these once redlined and overlooked markets, benefiting in many instances from a CRA-driven financial infrastructure. They stepped into the void created as some large banks retreated from the mortgage market.

Lending 500

Lending Development Government Finance 500

Housing Wire

MAY 13, 2024

Mortgage Insurers — sent a letter on Monday to the Federal Housing Finance Agency (FHFA) to express concerns about the FHFA’s intent to publish the VantageScore 4.0 historical dataset. In the joint letter, the organizations contend that the data to be published under the plan is insufficient for their needs.

Legal 411

Legal Mortgage Contracts Insurance 411

Housing Wire

APRIL 10, 2024

The company also provides commentary for its fourth quarter 2023 financial performance, assesses its market advantages and offers an assessment of impacts stemming from changes in Ginnie Mae ’s Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) program. million in fourth-quarter 2023.

Business 417

Business Investors Finance Home Improvement 417

Housing Wire

DECEMBER 14, 2020

Nexsys Technologies , a subsidiary of Rocket Companies , launched its Clear HOI platform for all mortgage lenders on Wednesday – a new product it says will cut homeowners’ insurance verification time to mere minutes. Other insurance companies already integrated with the platform include Allstate , Liberty Mutual and Farmers Insurance.

Mortgage 378

Mortgage Insurance Lending Technology 378

Housing Wire

NOVEMBER 11, 2021

In September, Biden’s administration also called on state and local governments to “reduce zoning and financing barriers to these kinds of housing – housing that allows families to achieve homeownership and build wealth.”. How Freddie Mac is addressing affordable housing challenges. Presented by: Freddie Mac.

Finance 446

Finance Valuation Insurance Lending 446

Housing Wire

OCTOBER 4, 2022

Each year, the HousingWire Vanguards represent an elite group of industry executives who are moving the housing market forward. Head of Neighborhood and Community Lending. Matic Insurance. Senior Executive Vice President, President of Residential Servicing and Correspondent Lending. Supreme Lending. Company Name.

Human Resources 407

Human Resources Lending Real Estate Technology 407

Housing Wire

DECEMBER 21, 2023

VA mortgage loans generally provide veterans and active-duty service members with more favorable terms than other loans on the market. The VA makes a guarantee to the lending institution for 25% of the loan amount and the lender is responsible for evaluating the eligibility of the borrower. Who is eligible? REALITY: There is no limit.

Mortgage 437

Mortgage Renovations Appraisal Process Finance 437

Housing Wire

JUNE 23, 2021

HousingWire sat down with Radian CEO Rick Thornberry to learn more about the state of the housing market and how Radian is helping further homeownership. HousingWire: What is the current state of the housing market for first-time homebuyers and communities of color? According to the Radian Home Price Index , home prices rose 9.2%

Housing Market 417

Housing Market Marketing Construction Insurance 417

Housing Wire

AUGUST 31, 2022

His 15-plus years of career include three years at Home Point Financial, where he was promoted to senior managing director of enterprise risk and corporate governance and seven years at Black Knight Financial Services. In a tight housing market, Xactus said it aims to help customers close loans more quickly. .

Modernization 370

Modernization Clients Technology Insurance 370

Housing Wire

AUGUST 16, 2022

s mortgage business has been the subject of industry speculation in the wake of a Bloomberg report indicating that the lending giant plans to shrink its enormous mortgage footprint , including a likely pull-back from the correspondent lending business. market share and a $616.7 market share and a $116.9 It was $770.7

Mortgage 370

Mortgage Lending Business Insurance 370

Housing Wire

AUGUST 22, 2023

The proposed rule will implement quality control standards that govern AVMs used by originators and secondary market issuers in valuing the real estate collateral securing mortgage loans. The National Association of Mortgage Brokers (NAMB) said it supports new federal regulatory proposals governing the use of AVMs.

Valuation 370

Valuation Appraisal Government Real Estate 370

Housing Wire

OCTOBER 23, 2020

Guild agreed to settle the federal lawsuit, brought by the Department of Justice , for just under $25 million, the government said Thursday. Those loans, originated between 2007 and 2011, defaulted and led to claims to the FHA for mortgage insurance. It did not admit to any wrongdoing.

Mortgage 487

Mortgage Government Retail Lending 487

Housing Wire

JUNE 24, 2021

Here at HousingWire, we focus on Moving Markets Forward. And to help you power your business forward in 2021 and beyond we brought together the smartest minds in purchase mortgage marketing to share the insights, tactics and strategies that set the leaders apart. Understanding the Current Market. Not a member yet?

Loan Officers 365

Loan Officers Lending Finance Business 365

Housing Wire

AUGUST 7, 2023

The capital, capability and content are present to make all real estate markets smarter, faster, safer and connected. Real estate still relies on a “system” unable to integrate production across the silos of media, brokerage, lending, insurance and trading. Consumers, communities and taxpayers are major beneficiaries.

Real Estate 369

Real Estate Supply Chain Architecture Brokerage 369

Housing Wire

MAY 26, 2021

Technology for navigating secondary market challenges. In this webinar, MCT COO Phil Rasori and expert guest panelists will review how mortgage lenders can overcome common challenges selling their loans on the secondary market. Texas Capital’s correspondent lending business originated approximately $2.4

Lending 395

Lending Mortgage Insurance Government 395

Housing Wire

DECEMBER 2, 2020

1 spot among mortgage lenders, they decried that their “Rocket Mortgage” was a marketing ploy, with a sort of sneaker net of traditional processes behind it. It would require coordination and cooperation with government and the transformation of processes and systems within industry giants. Meanwhile, the industry scrambled.

Mortgage 396

Mortgage Lending Technology Modernization 396

Housing Wire

MAY 27, 2022

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.”. The requirement also applies to mortgage lenders, legal experts say.

Law 417

Law Legal Valuation Government 417

Housing Wire

MARCH 16, 2022

No mortgage insurance will be required. But current government-sponsored enterprise guidelines make it difficult for these borrowers who don’t have a traditional salary to qualify for agency-backed loans. “We We are going to see an increase in some of the non-QM lending.

Lending 383

Lending Insurance Government Mortgage 383

Housing Wire

MARCH 10, 2022

An affordable housing advocate, who requested anonymity, called the report “stunning,” because it indicates Fannie Mae is only lending to low-income borrowers with the most pristine of credit histories. “A Palim said that a fair lending analysis was outside of the scope of the research paper.

Property Taxes 426

Property Taxes Lending Insurance Local Properties 426

Housing Wire

MAY 18, 2022

HousingWire recently spoke with Christian Mills, head of Financial Advisor Relations at Reverse Mortgage Funding, about the ways a reverse mortgage can create a stable cash flow for homeowners in the midst of a volatile housing market. CM : Firstly, reverse mortgages, whether government-insured or proprietary, are non-recourse loans.

Mortgage 395

Mortgage Clients Insurance Tools 395

Housing Wire

APRIL 4, 2024

Meanwhile, community-focused trade groups and associations, although feeling that the new rules miss some relevant aspects of fair lending, criticized the judge’s decision. The following day, Martin Gruenberg, chairman at the Federal Deposit Insurance Corp. This week in Washington, D.C.,

Modernization 290

Modernization Law Legal Landlords 290

Housing Wire

SEPTEMBER 6, 2023

The ICE — Black Knight merger creates the first end-to-end digital infrastructure that will reorder incentives and change how housing markets operate. GSEs: The concentration of lenders will lead to new systems that may reach deeper into the primary market. Lenders will align with marketing and services partners to gain pricing power.

Supply Chain 370

Supply Chain Real Estate Technology Mortgage 370

Housing Wire

APRIL 26, 2023

Smart pandemic policies like this stabilized the housing market and, by extension, the economy when it was most needed, and today’s challenging market has emphasized the need for further policy reform as servicers expand their loss mitigation toolkits to keep homeowners in their homes.

Insurance 376

Insurance Mortgage Government Investors 376

Housing Wire

JUNE 8, 2021

The award recognizes housing professionals in residential mortgage lending, servicing, investments, real estate and fintech who are problem solvers, driving their companies forward every day. Last year’s list of nominees was nothing short of impressive.

Real Estate 248

Real Estate Development Insurance Government 248

Housing Wire

FEBRUARY 27, 2024

In the early 20th century, Black Americans faced significant barriers to homeownership, including racial segregation, discriminatory lending practices, and exclusionary covenants that prevented them from buying homes in certain neighborhoods. I have a lot of experience with these markets in my portfolio. I also know the inner city.

Real Estate 427

Real Estate Investors Business Lending 427