Housing Wire

JANUARY 17, 2024

The DNA and mission of this website has not changed, rather Mortgage Matchup provides a new visual identity to help us resonate with consumers in a more modern, approachable way. Of the total, $29.7 billion came from Q3 alone, a decline from the previous quarter’s $31.8 billion and $33.5 billion in Q3 2022.

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Mortgage Real Estate Agent Modernization Retail 433

Housing Wire

APRIL 4, 2024

representatives at federal agencies reinforced their support for the new rules that would modernize the Community Reinvestment Act (CRA), a few days after a federal judge in Texas granted a preliminary injunction to banking associations that seek to halt its implementation. This week in Washington, D.C.,

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Modernization Law Legal Landlords 275

Housing Wire

AUGUST 31, 2022

Gloudeman’s career in mortgages and financial services will help “modernize compliance strategies for the quickly evolving mortgage landscape” as traditional approaches are falling behind, said Perry Steiner, chairman and CEO of Xactus said. Gloudeman started on Tuesday. . where he left as chief compliance and regulatory counsel.

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Modernization Clients Technology Insurance 370

Housing Wire

NOVEMBER 19, 2021

The agency asks for comment on whether the HMDA rule has “brought greater transparency to the mortgage market,” and whether it helps identify possible discriminatory lending patterns and enforcement of anti-discrimination laws. The agency also uses HMDA data to identify and call attention to systemic issues in mortgage lending.

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Lending Modernization Tools Mortgage 365

Housing Wire

JUNE 9, 2021

Bank CRA obligations cover far more than their mortgage lending. IMBs have expanded because of the warehouse lending and short-term credit provided them by the nation’s depositories and because they can sell their loans into the government-guaranteed agency secondary market ( Ginnie Mae , Fannie Mae , Freddie Mac ).

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Lending Development Government Finance 491

Housing Wire

DECEMBER 2, 2020

More than that, the fintechs that flooded in brought with them a promise to modernize the mortgage industry with data-rich, cloud-enabled and digitally secure workflows. It would require coordination and cooperation with government and the transformation of processes and systems within industry giants.

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Mortgage Lending Technology Modernization 385

Housing Wire

DECEMBER 30, 2022

This is the result of several forces: the Fed’s anti-inflation policy; the rapid deceleration in lending that’s resulted in a 40% drop in applications; the rising cost of mortgage production, which has now broken the $10,000 per loan threshold; and the continued drive towards digitization in mortgage lending. Because I am.

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Lending Transportation Government Mortgage 374

Housing Wire

JUNE 25, 2021

One way to do that is by offering a digital lending process’ that attracts borrowers across all generations, regardless of their credit score and finances. Joel Rickman: One of the most significant and transformational trends in lending is the call for the modernization and digitization of the mortgage loan process.

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Lending Technology Modernization Mortgage 416

Housing Wire

MAY 24, 2023

There are also plans in place for the government-sponsored enterprises (GSEs) to transition to two credit reports from the national consumer reporting agencies within a year, as opposed to three, in an approach called “bi-merge” rather than “tri-merge.” credit score models and outlined the timeline for implementation.

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Finance Lending Modernization Mortgage 368

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 367

Housing Wire

APRIL 21, 2021

The government agency also said it plans to retire all temporary selling flexibilities on May 31, 2021. Within the RFI, the FHFA sought insight on the appraisal policies, practices and processes of Fannie and Freddie, especially as it relates to the GSEs’ appraisal modernization efforts.

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Real Estate Agent Valuation Appraisal Modernization 397

Appraisal Buzz

APRIL 29, 2024

If you aren’t in control of your clients, your fees, your market, or the main factors that drive your business, you’re always under threat by outside forces, like interest rates and government policy. To that end, the appraisal business is ripe with opportunities to diversify and have revenue streams from multiple sources.

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Clients Business Appraisal Lending 195

Housing Wire

JUNE 8, 2022

The plans establish a flexible framework for the government-sponsored enterprises to address barriers to sustainable housing and close the racial homeownership gap. Both plans rely heavily on special purpose credit programs , which allow lenders to target lending to protected classes without violating the Equal Credit Opportunity Act. . “A

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Development Finance Government Lending 362

Housing Wire

JANUARY 31, 2021

The company recently launched ClearLabs, an in-house research and development group that works alongside industry leaders and government-sponsored enterprises (GSEs) to continually build on what’s possible in compliant real estate valuation and analytics.

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Valuation Development Technology Real Estate 266

Housing Wire

MARCH 1, 2022

In eOriginal’s 2020 Tech100 nomination, the company boasted about the efficiency their ClosingCenter product brought to mortgage lending clients; Fairway achieved 80% faster mortgage acceptance by secondary market investors and also realized a 90% reduction in interest expenses to warehouse lenders for mortgages closed using ClosingCenter.

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Real Estate Brokerage Real Estate Agent Technology 375

McKissock

MARCH 24, 2022

Require appraisal anti-bias, fair housing, and fair lending training for all appraisers who conduct appraisals for federal programs and work with the appraisal industry to require such trainings for all appraisers. Define metrics that can help to identify and measure patterns of mis-valuation in the property valuation process.

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Valuation Property Appraisal Training Appraisal 91

Appraisal Today

MARCH 15, 2024

NOTE: Please scroll down to read the other topics in this long blog post on USPAP and Personal Inspection, GSE Appraisal Modernization, Transaction costs and values including real estate commissions, unusual homes, mortgage origination stats, etc. = Is the GSE’s “Appraisal Modernization” Really Just Mass Appraisal? By Dallas T.

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Appraisal Inspection Modernization Business 69

Housing Wire

OCTOBER 2, 2020

Its MSR portfolio contains 41% government and 59% conventional loans as of June 30. Year-to-date, AmeriHome has booked $642 million in revenue for the 12 months that ended June 30, according to the S-1 filing. from 2015 to LTM Q2 2020, positioning us as the third largest correspondent producer.” basis points – as of June 30 was $87.9

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Valuation Mortgage Business Modernization 275

Housing Wire

DECEMBER 20, 2021

A $250 monthly child tax credit from the federal government for each child also helps the household. Governments and servicers were both quick to launch forbearance programs for over seven million mortgage borrowers during the pandemic, realizing the historic challenge borne out of the Covid-19 pandemic. But will end in December.

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Mortgage Government Contracts Insurance 383

Genworth MI Blog

MAY 28, 2020

In this article, I will challenge conventional stereotypes and encourage you to explore manufactured housing as an emerging lending opportunity, positioned ideally for those savvy enough to see with different eyes. To start, let’s dispel a few myths and agree on a few truths: Myth 1 : Manufactured Homes Are Mobile Homes.

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Construction Loan Officers Training Lending 148

Housing Wire

MARCH 29, 2022

To minimize the pain, legacy loan manufacturing processes typically collect only as many months of asset statements as are required by investors — often just two months for conventional and government loans. The post Deeper asset history unlocks new lending opportunities appeared first on HousingWire.

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Lending Modernization Construction Government 356

Genworth MI Blog

MAY 28, 2020

In this article, I will challenge conventional stereotypes and encourage you to explore manufactured housing as an emerging lending opportunity, positioned ideally for those savvy enough to see with different eyes. To start, let’s dispel a few myths and agree on a few truths: Myth 1 : Manufactured Homes Are Mobile Homes.

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Construction Loan Officers Training Lending 78

Housing Wire

FEBRUARY 22, 2023

It will also help lenders make “confident” lending decisions, according to Michele Bodda, president of Experian ’s mortgage, verification solutions and employer services. This new partnership with Freddie Mac is another important milestone in our journey to unlock the modern mortgage,” Bodda said.

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Modernization Government Tools Lending 397

Housing Wire

OCTOBER 1, 2022

The complaint filed in federal court on Wednesday alleges that from at least 2015 to 2021, Lakeland failed to provide mortgage lending services to Black and Hispanic neighborhoods in Newark. In an investigative feature published in March , HousingWire examined the federal government’s feeble fight to end redlining.

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Law Loan Officers Lending Advertising 408

Clear Capital

JUNE 28, 2022

Each API connects directly into existing systems through a single integration for lenders, investors, and system providers, making it easier to adopt and deploy modern property valuation solutions. ” Over the past year, the government-sponsored enterprises (GSEs) have made sweeping changes around modern valuation solutions, and ?? .”

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Valuation Modernization Real Estate Investors 69

Birmingham Appraisal

AUGUST 2, 2023

Look for appraisers who utilize modern tools and technologies to complement their expertise. Property data collectors do not possess a valid appraiser’s license, and they are not authorized to provide formal appraisals that can be used for legal or lending purposes.

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Appraisal Agents Valuation Real Estate 70

Walitt Solutions

JULY 28, 2019

During my presentation, I reviewed with the audience a number of appraisal scenarios that have been common practice for decades – often in spaces outside of first mortgage lending. Are these “other” inspection-and-valuation processes appropriate for lending? But is this so-called “new” process really new at all?

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Appraisal Inspection Valuation Lending 28

Housing Wire

MAY 25, 2021

Modernization will either take root and flourish throughout every branch of the mortgage industry, or our industry could miss a critical window to introduce meaningful reforms. In fact, real estate professionals are accountable to the exact same type of state government licensing requirements and regulatory frameworks that appraisers are.

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Appraisal Valuation Real Estate Modernization 364

Housing Wire

OCTOBER 6, 2020

Purveyors of very complex financial instruments, sold to risk-averse investors under the careful oversight of government regulators, have given us a process that must conform to investor and regulatory compliance requirements. Lending technology out of focus. We have fared much better on the automation side.

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Technology Mortgage Investing Investors 450

Appraisal Today

NOVEMBER 24, 2023

Once again, modern brain-body science jumps ahead and teaches me things. At first glance, it might not register that most of this modern-industrial home in Northern California was built in a factory, delivered by a truck, and assembled on-site. It turns out gratitude is a tool. A method for making my own life better. Even better.

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Appraisal Mortgage Business Contracts 74

Housing Wire

DECEMBER 31, 2021

Few in mid-March could have predicted that a perfect storm of ultra-low interest rates, new migration patterns and historic government intervention wouldn’t just save them, but line their pockets with billions of dollars and change their entire trajectory. But many of those elements are fading as the industry heads into 2022.

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Marketing Law Government Mortgage 432

Housing Wire

MAY 5, 2021

Our floor plans and elevations will uniquely feature a modern and sleek look but will still maintain a similar feel to what was built in the 1960s.”. . “Kavison Homes is excited about this unique opportunity to be the first new construction in the John S Park area in 35-plus years,” said Stratton.

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Modernization Realty Real Estate Housing Market 228

Housing Wire

APRIL 12, 2021

Kristy Fercho , executive vice president and head of Wells Fargo Home Lending, currently serves as vice chair of the board of the MBA, vice chair of the MBA’s Diversity and Inclusion Advisory Committee, co-chair of the Affordable Housing Council, and a member of its Residential Board of Governors. to lobby for the industry and homeowners.

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Mortgage Business Lending Finance 450

Realtor

MAY 15, 2023

Lenders have a vested interest in the home appraisal because it protects them from lending more money than they can recoup should you default on your loan and go into foreclosure. And in 2018, Fannie Mae began testing its hybrid appraisal, a method it had worked on for years to speed up and modernize the traditional appraisal process.

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Appraisal Real Estate Appraisal Process Market Value 107

Appraisal Today

FEBRUARY 23, 2024

Resembling a modern French Chteau, it features a freshwater lake, manicured gardens, and three levels of luxurious living spaces. Finally, we have an inside look (and some hard numbers) at how Fannie’s complaint process works and how many complaints these Government Sponsored Enterprises (GSEs) are actually filing against appraisers.

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Appraisal Real Estate Contracts Reconsideration of Value 67

Housing Wire

MARCH 13, 2023

In its announcement of the filing, the CFPB said loanDepot “is fighting the case by, among other things, suggesting that it can’t be held liable for making a lending decision based on a discriminatory appraisal because the alleged discrimination was committed by a third-party appraiser.

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Appraisal Valuation Law Loan Officers 369

Appraisal Today

AUGUST 4, 2023

The censorship is part of a march toward what appraiser and podcaster Phil Crawford has coined “universal basic home value” – a utopian vision among idealogues in which government technocrats dictate the supposed value of a property using algorithms and machine learning.

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Appraisal Business Contracts Real Estate 71