Housing Wire

JANUARY 17, 2024

But unlike financing with a traditional mortgage, monthly principal and interest payments are not required on the loan, so long as the homeowner keeps up to date with real estate taxes, homeowners’ insurance and property maintenance. The 6% limit also includes payment of the Up-Front Mortgage Insurance Premium (UFMIP).

Finance 437

Finance Real Estate Agent Real Estate Insurance 437

Housing Wire

NOVEMBER 1, 2022

Mortgage Coach, founded in 2009 and based in California, offers an interactive borrower education platform that lets loan officers guide borrowers through a visual presentation of their loan options. This will enable borrowers to view accurate, side-by-side home loan comparisons, Mortgage Coach and Sales Boomerang said.

Mortgage 388

Mortgage Project Management Insurance Loan Officers 388

Housing Wire

JUNE 1, 2023

The FHFA also argues that the targeted fee eliminations based on income, not credit score, are primarily supported by higher fees on loans for second homes, investment properties and cash-out refinancings. Are low-FICO, first-time homebuyers better off with a conventional mortgage and reduced LLPA fees, or an FHA loan with none at all?

Loan Officers 341

Loan Officers Insurance Mortgage Real Estate Agent 341

Housing Wire

MARCH 29, 2024

Anna Frankowska was recognized in 2017 as one of Forbes’ “ 30 Under 30 ” in Europe, having studied economics in London before moving to work in investment banking. I came to their offices to speak to their loan officers, processors and customers because they told me, ‘We would love to do more.

Mortgage 402

Mortgage Finance Insurance Tools 402

Housing Wire

MAY 11, 2021

Better.com, which offers mortgage, real estate, title and homeowner insurance through its digital platform, has entered an agreement to merge with Aurora Acquisitions Corp., billion investment into the combined company. Novator would also invest $200 million into the merged company. billion in title insurance and $1.4

Valuation 363

Valuation Insurance Investors Loan Officers 363

Housing Wire

OCTOBER 28, 2021

With the most recent acquisition of Floify, Porch will expand “its early access to high-intent homebuyers who need key services including insurance, warranty and moving services,” the company said in a statement.

Mortgage 381

Mortgage Logistics Insurance Real Estate Agent 381

Housing Wire

OCTOBER 13, 2021

Funds managed by Oaktree Capital Management , MFA Financia l, various family offices, and other strategic investors invested through a StoicLane’s special purpose vehicle, StoicLane said. It’s also made a push to hire teachers and first responders to be loan officers.

Mortgage 297

Mortgage Investors Investing Technology 297

Housing Wire

OCTOBER 6, 2021

A spokesperson for the company said they are facing “the same headwinds as everyone in the industry” and that they are ” investing heavily in growing our business and providing fantastic service to our customers.” Better has also made strides in real estate and insurance. billion in title insurance and $1.4

Insurance 408

Insurance Investors Real Estate Loan Officers 408

Housing Wire

MARCH 15, 2023

Silicon Valley Bank resumed mortgage originations on Tuesday via its newly established “bridge bank” — just four days after California state regulators took possession of the financial institution and appointed the Federal Deposit Insurance Company (FDIC) as receivers. The company’s average mortgage loan was about $1.45

Mortgage 336

Mortgage Loan Officers Insurance Business 336

Housing Wire

DECEMBER 18, 2020

Conventional loans. A conventional loan is a smart way to finance an income-earning property. These can be used on primary residences, second homes and investment properties, and they require down payments as low as 3%. If you’re not sure if it’s a good move, talk to a financial advisor or loan officer.

HOA 466

HOA Finance Investing Loan Officers 466

Housing Wire

JANUARY 19, 2023

There were no severance packages, and even health insurance was canceled retroactive to May 2022, leaving some on the hook for huge medical bills. The nascent mortgage company, however, has only one loan officer registered and no loan origination volume so far, according to the mortgage tech platform Modex.

Mortgage 397

Mortgage Investors Legal Loan Officers 397

Housing Wire

MARCH 30, 2022

The title insurance space isn’t generally known for placing outsized bets on technology. But for First American, its shrewd investments in rising proptech companies are a core business strategy. In addition, He will continue to serve as the managing director of the company’s venture investing arm. As of Sept. As of Sept.

Mortgage 339

Mortgage Real Estate Investing Technology 339

Housing Wire

FEBRUARY 27, 2023

Consider, for example, just one aspect of purchasing a new home in 2023: obtaining mortgage insurance. Most borrowers don’t even know what mortgage insurance is, let alone how much it adds to their cost. The same holds true for a borrower who is tasked with redefining a personal monthly budget. What are the unexpected new costs?

Insurance 344

Insurance Contracts Buyers Mortgage 344

Housing Wire

AUGUST 12, 2020

This article was written for FinLedger, HW Media’s new fintech-focused news brand designed specifically for financial services professionals in banking, insurance and real estate. Fintech-focused Canapi Ventures led the investment, which brings Blend’s total venture raised to $365 million since its 2012 inception.

Investing 494

Investing Loan Officers Development Technology 494

Housing Wire

OCTOBER 5, 2023

As the housing market suffers through a drought of home sales and related mortgage originations in the current high-rate environment, home prices and home equity continue to climb, helping to spark a revival of another sector — home equity lending and investment. billion, according to a review of bond-rating and industry reports.

Housing Market 392

Housing Market Marketing Contracts Finance 392

Housing Wire

JUNE 24, 2021

Buyside helps real estate agents and loan officers engage homeowners with not just home value tools but also branded wealth optimization tips on their home’s equity so homeowners can now truly view their home as an asset. According to NAR over 69% of buyers have a home to sell, so really homeowners represent the earliest buyer.

Valuation 296

Valuation Real Estate Agent Real Estate Clients 296

PennyMac

MARCH 4, 2024

Down Payment and Mortgage Insurance Most, but not all, home loans will require a down payment. When comparing mortgage lenders, be sure to inquire about which loans they offer, especially if you’re interested in a non-conventional loan, such as a FHA or VA loan.

Loan Officers 65

Loan Officers Insurance Mortgage Sellers 65

Housing Wire

OCTOBER 12, 2021

Purchasing a home is one of the biggest investments most people will make in their entire lives, but the complexity of securing a mortgage can be a grueling and fractured process for first-time homeowners. Customers are more open than ever to engaging through channels such as interactive chat. Right Processes Drive the Best Results.

Lending 316

Lending Technology Investing Loan Officers 316

Housing Wire

JUNE 6, 2022

New Residential Investment Corp. , The layoff decision followed New Residential Investment Corp.’s ’s acquisition of multichannel lender Caliber Home Loans last year. Pink slips will arrive for California employees at six offices in Thousand Oaks, Pasadena, Roseville, Westlake Village, Agoura Hills, and Moorpark.

Mortgage 419

Mortgage Loan Officers Lending Human Resources 419

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. ” Just a little less vanilla.

Mortgage 393

Mortgage Loan Officers Finance Investors 393

Housing Wire

FEBRUARY 3, 2023

Sometimes that means investing more heavily in growth areas and scaling back or stopping work in others.” The bank has 197 active loan officers and 12 branches across the country. It has offices in seven U.S. Origination volume for USAA Federal Savings Bank dropped 39% in 2022, declining to $5.17 billion from $8.47

Real Estate 68

Real Estate Lending Human Resources Insurance 68

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 284

Investors Mortgage Insurance Real Estate 284

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 349

Technology Mortgage Tools Insurance 349

Housing Wire

OCTOBER 27, 2020

For many years, we’ve been developing and investing in technology to deliver an end-to-end digital mortgage experience. We’re the largest centralized mortgage transactional services provider in the country, backed by the country’s largest provider of title insurance services.

Clients 342

Clients Technology Insurance Loan Officers 342

Housing Wire

SEPTEMBER 23, 2022

Rates are up over 300 basis points year-over-year, the largest trailing 12-month increase since the early 1980s, analysts from the investment banking firm Keefe, Bruyette & Woods wrote in a report on Wednesday. ” Fannie Mae ’s latest forecast, which was published this week, projects total mortgage origination activity at $2.44

Housing Market 369

Housing Market Marketing Mortgage Buyers 369

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. insurance companies, including home and auto providers. Register for the FinLedger Daily Newsletter.

Business 465

Business Law Real Estate Investors 465

Housing Wire

APRIL 16, 2024

The company recently launched a mortgage brokerage firm that offers a plug-and-play program for real estate agents to become mortgage loan officers, a practice called dual licensing. of the loan amount, with a $5,000 cap, which adds to the typical buyer-side agent commission of up to 3%. For example, Realfinity pays LOs 1.4%

Real Estate Agent 418

Real Estate Agent Loan Officers Real Estate Agents 418

East Coast Appraisal

SEPTEMBER 12, 2022

Private mortgage insurance, or PMI, allows lenders to offer home loans to buyers without the traditional 20 percent down payment. This insurance covers the risk of financing a mortgage with less equity from the buyer. You may need to hit an even lower loan-to-value ratio for several years after signing. contact us.

Appraisal 52

Appraisal Renovations Insurance Home Value 52

PennyMac

JUNE 2, 2022

Have you been inspired by one of the numerous investment property television shows? If so, you are probably intrigued by the prospect of investing in rental property. Financing, knowing what kind of property to buy, and the many other steps are all part of a well-rounded investment plan. Property taxes. Maintenance costs.

Real Estate 69

Real Estate Investing Tenants Property Management 69

PennyMac

JULY 25, 2022

What’s the difference between FHA and conventional loan options? Conventional Loan. Conventional loans by definition are loans that are not backed or insured by any government entity. In a conventional loan, you’ll be expected to pay at least 3% of the total loan as the down payment.

Insurance 36

Insurance Government Investing Mortgage 36

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. Lenders, loan officers and economists who spoke to HousingWire this week said that the current volatility in the markets will reduce originations even further in 2022, bringing additional rounds of layoffs.

Mortgage 383

Mortgage Investors Clients Marketing 383

Housing Wire

MARCH 1, 2021

It’s much more efficient to reach a loan officer and input an application into the pipeline than ever before. Some investment has also gone into the underwriting process. These investments will really begin to pay off in a purchase market that will foster greater competition for less volume.

Marketing 238

Marketing Realtors HOA Technology 238

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

Housing Wire

FEBRUARY 3, 2022

It could be a big source of leads for a company that has ambitions far beyond mortgage – Rocket has its hands in solar, autos, title insurance, home search and likely isn’t done yet. But they are putting a lot of resources into moving in that direction.”. Rocket didn’t respond to a request to comment on its stock performance.

Mortgage 371

Mortgage Retail Finance Investors 371

Clear Capital

JULY 13, 2023

Through this integration, Clear Capital will deliver an improved user experience for mortgage lenders and loan officers ordering products that support appraisal modernization, such as Universal Data Collection (UDC ) , Desktop appraisals and Hybrid appraisals. and/or its affiliates is located here.

Modernization 67

Modernization Technology Appraisal Mortgage 67

Housing Wire

APRIL 19, 2022

The raison d’etre is the same whether you work as a mortgage loan officer at a depository bank or an independent mortgage bank – originate a purchase mortgage or refinancing for a client. Loan officers working for depository banks are not bound by the same requirements. Regulations to oversee them all.

Training 350

Training Loan Officers Lending Mortgage 350

PennyMac

JUNE 28, 2022

Depending on your goals, financial situation and circumstances, there are different strategies for investing in another home. Real Estate Investments. Insurance. A second home usually means higher insurance costs for homeowners. If you’re renting, there’s also landlord insurance. Reasons To Buy A Second Home.

Tenants 36

Tenants Landlords Finance Insurance 36