Housing Wire

APRIL 29, 2024

” Republic collapsed after it failed to raise $75 million in capital from investors and exited the mortgage lending space. In a presentation last year, the bank said it “had aggressive rates, higher risk, and lower risk-adjusted rates of return than other asset classes.” billion in loans. billion in loans.

Loan Officers 311

Loan Officers Insurance Mortgage Lending 311

Housing Wire

DECEMBER 1, 2022

Real-time data from Polly’s cloud-native Product and Pricing Engine (PPE) will feed into Mortgage Coach Total Cost Analysis (TCA) presentations through this integration, providing home loan comparisons for borrowers. Sales Boomerang and Mortgage Coach laid off at least 20 employees last month amid significant mortgage market challenges.

Mortgage 385

Mortgage Technology Investing Design 385

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. The new API integration will feed real-time data from Polly’s cloud-based PPE into Mortgage Coach’s total cost analysis (TCA) presentation.

Mortgage 389

Mortgage Project Management Insurance Loan Officers 389

Housing Wire

NOVEMBER 8, 2022

Publicly traded lending software firm MeridianLink has acquired OpenClose , a fintech company that specializes in residential mortgage software solutions for banks, credit unions and mortgage lenders. In April, MeridianLink paid roughly $28 million to acquire StreetShares , which provides lending technology to banks and credit unions.

Mortgage 381

Mortgage Lending Technology Insurance 381

Housing Wire

OCTOBER 28, 2022

Speakers: Carrie Gusmus, President, CEO, Aslan Home Lending AJ Barkley, head of Neighborhood and Community, Lending Bank of America Charmaine Brown, Vice President of Diversity, Equity, and Inclusion, Finance of America Companies Courtney Graham, Chief Marketing Officer and Chief People Officer, Princeton Mortgage.

Lending 377

Lending Development Finance Technology 377

Housing Wire

DECEMBER 1, 2021

As the housing market changes, so does lending fraud. This white paper covers new fraud schemes in mortgage lending as well as solutions for fraud detection. Presented by: First American Data & Analytics. In early 2017, after Spirit and Citizens stopped funding his company’s mortgages, McCord sought a new warehouse lender.

Mortgage 526

Mortgage Insurance Lending Government 526

Housing Wire

MARCH 28, 2024

New changes from the Federal Housing Administration (FHA) and Ginnie Mae , which insure and guarantee loans, could help open an untapped market for lenders looking to expand their businesses and improve access to credit for buyers of manufactured homes. The home-only lending market presents several major opportunities.

Business 416

Business Finance Buyers Lending 416

Housing Wire

JANUARY 2, 2024

” “Unfortunately, at the present time, RealFi does not have the funds to pay the monies owed to its employees,” Mosiello wrote. However, two former employees said the company communicated it’s shutting down its mortgage lending business. It wasn’t immediately clear what restructuring Mosiello was referring to.

Loan Officers 416

Loan Officers Lending Mortgage Insurance 416

Housing Wire

MARCH 9, 2022

banks, lenders, credit unions, insurers and securities firms. What are the building blocks of digital lending? Presented by: Wolters Kluwer. In late 2020, Wolters Kluwer GRC acquired cloud-based digital lending software firm eOriginal for about $280 million. The deal is expected to close in the second quarter of 2022.

Lending 325

Lending Government Law Insurance 325

Housing Wire

SEPTEMBER 8, 2022

Presented by: FormFree. The following month, Xactus acquired MassiveCert , a software firm that provides flood zone determinations for insurance, lending and real estate, to add flood services to its verification solutions.

Lending 377

Lending Insurance Mortgage Real Estate 377

Housing Wire

NOVEMBER 11, 2021

The Title I program insures mortgage loans made by private lending institutions to finance the purchase of a new or used manufactured home.). Presented by: Freddie Mac. The changes can be implemented immediately but must be implemented for loans closed on and after May 9, 2022, the FHA said. “Our

Finance 450

Finance Valuation Insurance Lending 450

Housing Wire

JULY 28, 2022

Xactus will add flood services to its list of verification solutions with the acquisition of MassiveCert , a software company that provides flood zone determinations for insurance, lending and real estate. Presented by: ServiceLink. Up until now, Xactus obtained data from third parties.

Insurance 313

Insurance Clients Modernization Technology 313

Housing Wire

SEPTEMBER 8, 2021

Instead, the agency is proposing to replace the federal anti-redlining rule with rules adopted jointly by the OCC, Federal Deposit Insurance Corporation , and the Board of Governors of the Federal Reserve System in 1995. The agency is soliciting public commentary, due by Oct.

Modernization 350

Modernization Insurance Lending Development 350

Housing Wire

APRIL 29, 2022

While other “big four” title insurers discussed the “transitional period” in the housing market during their first quarter 2022 earnings calls with investors, Old Republic International Corp. ’s As expected, the firm’s title insurance segment did not have the greatest quarter. Presented by: Acra Lending.

Insurance 361

Insurance Investors Housing Market Law 361

Housing Wire

SEPTEMBER 10, 2021

Wells Fargo has been slapped with a $250 million civil money penalty by the Office of the Comptroller of the Currency for “unsafe or unsound practices” pertaining to their home lending loss mitigation program this week. As the housing market changes, so does lending fraud. Presented by: First American Data & Analytics.

Lending 458

Lending Housing Market Retail Mortgage 458

Housing Wire

OCTOBER 25, 2021

. “Omitting non-depository lenders, who currently hold a substantial portion of the mortgage lending market, from CRA monitoring leaves communities vulnerable to fair lending abuses in the New York State residential loan market,” the bill states. Presented by: Angel Oak Mortgage Solutions. .

Law 426

Law Lending Insurance Mortgage 426

Housing Wire

SEPTEMBER 30, 2021

Tack on the challenges presented by not being able to connect in person, and it’s clear that servicers are navigating a unique set of obstacles. Our solution prioritizes the borrower experience and promotes a “self-cure” to insurance resolution with a multi-channel campaign that includes both digital and print touchpoints with consumers.

Insurance 280

Insurance Lending Modernization Clients 280

Housing Wire

MAY 23, 2022

Hogle has more than 20 years of experience, including about 15 years with Supreme Lending. Presented by: Evocalize. HUD so far has resisted lowering the up-front and life-of-loan fees, saying it has “no near-term plans” to change FHA’s mortgage insurance premium pricing.

Mortgage 369

Mortgage Retail Insurance Development 369

Housing Wire

DECEMBER 21, 2023

I’m here to debunk the myths and explain why every veteran and qualifying service member should embrace this well-deserved benefit and capitalize on the opportunities it presents. 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.

Mortgage 438

Mortgage Renovations Appraisal Process Finance 438

Appraisal Buzz

JULY 12, 2021

WFG Executive Chairman Patrick Stone and Economist Dr. Bill Conerly discuss the state of real estate, mortgage lending, title insurance and the economy in the latest quarterly presentation. The post WFG Announces Latest in Webinar Series appeared first on theMReport.com.

Insurance 195

Insurance Lending Real Estate Appraisal 195

Housing Wire

JULY 28, 2023

It follows a request from the shuttered lender to halt the agreement due to an involuntary bankruptcy petition filed by three creditors. New Wave Lending Group , JMJ Financial Group and EF Mortgage filed on July 5 an involuntary petition against Sprout under Chapter 7 of the Bankruptcy Code in a New York court, claiming the lender owes $1.3

Mortgage 296

Mortgage Insurance Business Lending 296

Housing Wire

AUGUST 16, 2023

HousingWire: 2023 has been rough for mortgage lending with mortgage applications down around 60%, what is CreditXpert seeing from a demand side when it comes to credit inquiries? Higher credit scores are the key to lower interest rates, lower monthly payments and lower private mortgage insurance premiums.

Inventory 325

Inventory Lending Mortgage Insurance 325

Housing Wire

MARCH 16, 2022

No mortgage insurance will be required. Presented by: Angel Oak. We are going to see an increase in some of the non-QM lending. According to UWM, only self-employed borrowers will be able to send bank statements to qualify for a loan, instead of income documents or tax transcripts.

Lending 384

Lending Insurance Government Mortgage 384

Housing Wire

MAY 26, 2021

Presented by: MCT. AmeriHome purchased approximately $65 billion in conventional conforming and government-insured originations in 2020. Texas Capital’s correspondent lending business originated approximately $2.4 Western Alliance Bank agreed to buy AmeriHome for $1 billion earlier this year.

Lending 394

Lending Mortgage Insurance Government 394

Housing Wire

JUNE 29, 2022

Boston fintech firm Knox Financial plans to expand its lending business and loan products with $50 million in funding it received from a real estate advisory firm. Presented by: ServiceLink. Its rental pricing and projection model also calculates the rate of return an investment property is expected to produce over time.

Investing 331

Investing Real Estate Lending Brokerage 331

Housing Wire

JANUARY 26, 2022

Venture capital firm Menlo Ventures led the latest Series B funding round, which also includes investments from title insurance company First American Financial , FinVC as well as participation from existing investors 8VC , Khosla Ventures and Fifth Wall. Building the next generation of tech: Three ways to digitize home lending.

Modernization 325

Modernization Mortgage Lending Investors 325

Housing Wire

JANUARY 19, 2022

The Financial Crimes Enforcement Network , or FinCEN, is floating a proposed anti-money laundering rule that could impose reporting mandates on a broad swath of professionals in the residential real estate market, including real estate agents, brokers, attorneys, title insurance companies and settlement agents.

Real Estate Agent 437

Real Estate Agent Real Estate Agents Insurance 437

Housing Wire

APRIL 23, 2021

.” The Dallas-based bank, one of the country’s largest correspondent lenders, also announced that the deal would represent an exit from the correspondent lending sector. Texas Capital’s correspondent lending business originated approximately $2.4 Presented by: Proctor Loan Protector.

Business 187

Business Lending Insurance Sellers 187

Housing Wire

FEBRUARY 16, 2022

If your state requires a lending license, make sure a the lender is licensed. In comparison to larger banks or even a local credit union, private lending is more reliant on relationships. Establish a private money lending network for real estate. How to Locate a Reputable Private Money Lender.

Real Estate 384

Real Estate Investing Investors Renovations 384

Housing Wire

JANUARY 5, 2024

Generally, the Fed will adjust its lending rate by a quarter percent, but at times the adjustment has been larger. However, there could be some fluctuations in housing expenses due to changes in taxes or insurance. Declining interest rates present other opportunities for homeowners.

Real Estate 435

Real Estate Agents Marketing Sellers 435

Housing Wire

MARCH 17, 2021

WFG Title Insurance will now offer forbearance, loan modification, and foreclosure information reports as part of its general title and closing services. Presented by: Auction.com. “Offering customizable solutions for all our clients is key to this effort, regardless of their size.

Real Estate Agent 359

Real Estate Agent Clients Insurance Real Estate 359

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 336

Real Estate Supply Chain Architecture Brokerage 336

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. Presented by: Reggora. The fate of Wells Fargo & Co. ’s

Mortgage 367

Mortgage Lending Business Insurance 367

Housing Wire

MARCH 26, 2021

Judd Hoffman has been hired as chief executive officer for Proper Title LLC , an Illinois-based title insurance agency that’s backed by top independent real estate brokerage @properties. How hybrid title and valuations help increase lending efficiency. Presented by: Altisource. And they’re in expansion mode.

Brokerage 257

Brokerage Insurance Real Estate Valuation 257

Housing Wire

MARCH 31, 2021

Among the unknowns servicers face in 2021 are changes that could affect lender-placed insurance (LPI). Presented by: Proctor Loan Protector. The CFPB also rolled back leniency on reporting of certain information related to credit card and prepaid accounts under the Truth in Lending Act, Regulation Z, and Regulation E.

Insurance 410

Insurance Appraisal Development Lending 410

Housing Wire

MAY 26, 2021

After reading the recent report from the Federal Housing Finance Agency on the performance of Fannie Mae and Freddie Mac’ s credit risk transfer programs, anyone unfamiliar with the purposes of CRT might understandably conclude that the GSEs vastly overpaid capital market investors and insurance providers to transfer credit risk off their books.

Insurance 291

Insurance Investors Design Finance 291

Housing Wire

OCTOBER 23, 2020

Those loans, originated between 2007 and 2011, defaulted and led to claims to the FHA for mortgage insurance. Presented by: Total Expert. The lawsuit, brought initially in 2016, alleged that Guild knowingly originated and underwrote mortgages that didn’t meet the program requirements of the FHA. million of the $24.9

Mortgage 490

Mortgage Government Retail Lending 490