Housing Wire

APRIL 4, 2023

Add Moon Mortgage to the list of fintechs offering crypto-backed mortgages. Since 2021, other fintechs have launched crypto mortgage products, including Toronto-based Ledn and Miami-based Milo. Moon’s crypto mortgage product has a minimum loan amount of $1 million. .” Six months after raising $3.5

Mortgage 368

Mortgage Investors Retail Investing 368

Housing Wire

FEBRUARY 15, 2023

Texas-based mortgage lender Click n’ Close announced on Tuesday that its primary technology partner, Alabama-based mortgage banker Barr Group Mortgage, has completed the first eNote transaction using the Click n’ Close non-delegated correspondent eNote program.

Mortgage 261

Mortgage Retail Insurance Technology 261

Housing Wire

JANUARY 26, 2022

Polly, a software-as-service mortgage-technology firm that operates a loan-trading platform , has raised $37 million through a new funding round, its third since launching in 2019 — bringing the total raised from investors to $57 million. It operates more than 650 branches nationwide and employs some 4,000 people.

Modernization 346

Modernization Mortgage Lending Investors 346

Housing Wire

OCTOBER 4, 2022

Gold Star Mortgage Financial Group. Managing Director and Global Head of Mortgage Services. Matic Insurance. Built Technologies. Mortgage Champions. Sales Boomerang and Mortgage Coach. Chief Technology Officer. Freedom Mortgage. United Wholesale Mortgage. Sierra Pacific Mortgage.

Human Resources 406

Human Resources Lending Real Estate Technology 406

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.

Mortgage 491

Mortgage Government Retail Lending 491

Housing Wire

AUGUST 23, 2023

” Better is partnering with other businesses to offer services such as homeowner’s insurance and to provide access to a network of real estate agents, rather than offering these products and services directly to borrowers. That technology platform has helped us maintain best-in-class compliance and regulatory audits.

Realtors 366

Realtors Technology Insurance Mortgage 366

Housing Wire

AUGUST 23, 2023

Better faced the deterioration of the mortgage market due to surging rates. Better plans to be a mortgage marketplace that sells its technology platform to other companies. “For things like homeowner’s insurance , title insurance, and realtors, we’ve now just become a marketplace.

Finance 367

Finance Insurance Mortgage Realtors 367

Housing Wire

JUNE 6, 2022

It’s a tough time for mortgage lenders. A rapid rise in mortgage rates and a big drop in origination volume has led to thousands of industry job losses over the last six months. Nonbank lenders such as Pennymac , Mr. Cooper , loanDepot , Guaranteed Rate , Fairway Independent Mortgage , Interfirst Mortgage Co.,

Mortgage 421

Mortgage Loan Officers Lending Human Resources 421

Housing Wire

AUGUST 19, 2021

Blend’s white-label technology is what powers mortgage applications on the websites of traditional banks such as Wells Fargo and U.S. It checks income, it verifies identities and has become a key consumer-facing processing tool for some of the largest mortgage lenders in the country.

Insurance 365

Insurance Retail Clients Technology 365

Housing Wire

AUGUST 24, 2023

and created a refi boom for mortgage lenders like Better. But Better’s debut came at a low point in the mortgage market, with mortgage rates at their highest levels in more than two decades and historically low levels of home sales. At that time, the company was valued by its investors at $7.7

Insurance 369

Insurance Mortgage Realtors Business 369

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. To learn more about Encompass, visit [link].

Modernization 67

Modernization Technology Appraisal Mortgage 67

Housing Wire

APRIL 19, 2021

Similarly, Shirley has years of financial leadership experience, including at retailers Tuesday Morning and Neiman Marcus , but does not possess a real estate background. Peace, on the other hand, was the vice president of mortgage at Tomo , a recently created company to facilitate easier mortgage transactions.

Human Resources 366

Human Resources Real Estate Real Estate Agent Insurance 366

Housing Wire

AUGUST 1, 2023

From leading mortgage companies and real estate firms to spearheading groundbreaking initiatives and driving policy reforms, these honorees are making an indelible impact on housing.

Real Estate 370

Real Estate Realty Lending Mortgage 370

Housing Wire

AUGUST 16, 2023

A week after announcing a pivot in its business strategy , publicly traded title insurance firm Doma announced the sale of its retail operations in Florida on Tuesday. Doma’s Florida operation was purchased by Near North Title Group for an undisclosed sum. Near North Title Group purchased Doma’s Midwest locations in July.

Retail 322

Retail Insurance Technology Business 322

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. Digitalization in the home lending industry does not always require companies to entirely invent new technology solutions.

Lending 340

Lending Technology Investing Loan Officers 340

Realtor

APRIL 14, 2021

This is creating bidding wars, offers over asking, and appraisal gaps—houses are going quickly,” says Shanon Schinkel , branch manager and mortgage lender at Homebridge Financial Services. ” And did we mention that economists expect mortgage rates to rise? “The best time to buy is when it makes sense in your life.”

Mortgage 159

Mortgage Real Estate Agent Buyers Real Estate 159

Housing Wire

MARCH 1, 2021

The closing process, that time between underwriting approval and the actual closing, is the mortgage industry’s not-so-secret Achilles’ heel. But the fact is that it takes an average of 47 days to close a mortgage (according to Ellie Mae as of September 2020 ). There’s just a lot more to a purchase mortgage. More emotion.

Marketing 250

Marketing Realtors HOA Technology 250

Inman

JULY 20, 2023

Deals with Capital Title of Texas and Near North Title Group follow the sale of 22 retail title locations and operations centers in California to Williston Financial Group in May.

Retail 109

Retail Insurance Technology Mortgage 109

Realtor

APRIL 14, 2021

This is creating bidding wars, offers over asking, and appraisal gaps—houses are going quickly,” says Shanon Schinkel , branch manager and mortgage lender at HomeTown. ” And did we mention that economists expect mortgage rates to rise? Mortgage rates were at historic lows for months, but they’re beginning to edge higher.

Mortgage 78

Mortgage Real Estate Agent Buyers Real Estate 78

Housing Wire

APRIL 14, 2021

RoundPoint Mortgage has added three new senior executives to its management team, as it prepares to ramp up its retail operations. The mortgage subservicer’s board of directors appointed Patrick McEnerney as chief executive officer. Prior to his stint at HUD, Gormley was regulatory counsel for the Mortgage Bankers Association.

Retail 295

Retail Investors Mortgage Insurance 295

Housing Wire

SEPTEMBER 28, 2023

In my career, I’ve swung between enabling technology and securing it at the same time. SW: At PRMG, do you generally build or buy technology? JA: I was going back through some old PRMG stuff and they had “the five tenets of mortgage lending success” and it was: product, pricing, compensation, marketing, and fulfillment.

Technology 427

Technology Loan Officers Lending Business 427

Appraisal Today

JUNE 16, 2023

(Freddie Mac Announcement: “Loan Collateral Advisor: Starting June 29 New Messages Alert Users to Certain Unacceptable Appraisal Practices,” April 28, 2023) To read, click here So, if we have the technology and tools to present our conclusions in clearer, fact-based ways, let’s get ahead of the program and make the changes proactively.

Appraisal 73

Appraisal Contracts Design Mortgage 73

Housing Wire

SEPTEMBER 2, 2022

Freedom Mortgage. Finance of America Mortgage. Director of Product, Origination Technologies. Enact Mortgage Insurance. SVP, Retail Lending Analytics Manager. AmeriHome Mortgage. VP, Technology. Mortgage Coach. SVP, Retail. Fairway Independent Mortgage Corporation.

Retail 349

Retail Realty Finance Technology 349

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. = Mortgage rates were 18%+. By Dallas T. I worked for an assessor’s office then.

Appraisal 68

Appraisal Inspection Modernization Business 68

Housing Wire

MAY 1, 2023

This year, 80 honorees are being recognized for their achievements — 40 winners representing the real estate category and 40 representing mortgage. They work in any and every area of the housing economy and come from diverse backgrounds but share one common trait — an outsized impact on the industry and within their businesses.

Real Estate 370

Real Estate Loan Officers Development Realtors 370

Housing Wire

JUNE 1, 2021

These 50 young disruptors come from all sectors of housing – mortgage, real estate, fintech, servicing and more – and pushed beyond the challenges the year brought. Retail Branch Manager. Sierra Pacific Mortgage. First Guaranty Mortgage Corporation. Wyndham Capital Mortgage. AmeriHome Mortgage. Company Name.

Retail 397

Retail Lending Loan Officers Finance 397

Housing Wire

SEPTEMBER 1, 2021

United Wholesale Mortgage. First Guaranty Mortgage Corporation. First American Mortgage Solutions. DHI Mortgage Company. American Mortgage Network. Director, Cloud and Data Technology. First Community Mortgage. Freedom Mortgage. Academy Mortgage Corporation. First Option Mortgage.

Technology 335

Technology Human Resources Finance Retail 335

Housing Wire

OCTOBER 3, 2022

Optimizing the mortgage process means finding fast, efficient solutions for each part of the customer journey. Empower, Black Knight’s loan origination system (LOS), offers an end-to-end digital platform that supports retail, consumer-direct, home equity, correspondent, wholesale and assumption channels – all in a single system. “A

Technology 346

Technology Loan Officers Modernization Retail 346

The Robert Weiler Company

MARCH 29, 2023

Some property managers are more adept than others in using modern technology and keeping their finger on the pulse of the industry. Which kind of insurance do you have for your property management services? Education and experience, local area knowledge, range of services, and fees greatly vary among property manager companies.

Property Management 78

Property Management Tenants Real Estate Investors 78

Housing Wire

MAY 17, 2022

The rise in mortgage-related fraud over the past three years was largely due to a surge in online and mobile-only mortgage transactions. Firms with 50% or more retail transactions could have a higher cost of fraud and larger volume of average monthly attacks, according to the firm’s True Cost of Fraud report.

Real Estate 377

Real Estate Insurance Retail Mortgage 377

Housing Wire

MARCH 15, 2024

In fact, there aren’t many mortgage lenders, builders or real estate brokerages that haven’t at least fleetingly entertained the notion. Office buildings, retail spaces, industrial complexes and other CRE properties generally command higher price tags and offer greater revenue-generating potential compared to residential properties.

Brokerage 401

Brokerage Real Estate Development Investors 401

Housing Wire

JULY 14, 2022

This narrative was once again repeated in the HousingWire article announcing the FHA first-look program: “Typically, FHA-insured foreclosed properties are snatched up by large investors and turned into rental properties.”. Most of these reverted REOs are eventually sold via the Multiple Listing Service (MLS). The role of renovators.

Renovations 354

Renovations Investors Buyers Retail 354

Housing Wire

JUNE 30, 2021

As the world adjusts to its new normal, mortgage professionals are having to do the same thing. Additionally, the company’s mortgage insurance best-ex solution, OptiMIze, automatically delivers the best MI pricing available leveraging PennyMac’s highly competitive negotiated MI rates.

Business 233

Business Retail Tools Insurance 233

Appraisal Today

OCTOBER 14, 2022

Today, while there still remains some stickiness to the QC revision process, a recent survey completed by The STRATMOR Group commissioned by appraisal management technology company Reggora, indicates 25% of appraisal reports require some form of revision. Lenders want fire insurance for all mortgage loans. Few people have it.

Appraisal 52

Appraisal Insurance Real Estate Business 52

Appraisal Today

MAY 26, 2023

NOTE: Please scroll down to read the other topics in this long blog post on appraisal “modernization”, bias hearing, bad appraiser, USPAP, unusual homes, mortgage origination stats, etc. == Appraiser pleads guilty in $1.3B Varies widely around the country. == Mortgage applications decreased 4.6 billion tax fraud scheme.

Easement 52

Easement Contracts Appraisal Inspection 52

The Robert Weiler Company

NOVEMBER 10, 2021

NOI is a figure – not a calculation – that is, the amount of income the asset yields after operating expenses (including vacancy and loss) and before the mortgage is paid. Swimming in Success: Restaurant and Retail Rental Space. Low mortgage rates and an inventory crunch (limited supply) fuel the US housing market fire.

Real Estate 78

Real Estate Retail Investing Tenants 78

Housing Wire

FEBRUARY 3, 2021

In a bid to aid borrowers, the Department of Housing and Urban Development announced on Wednesday a series of temporary waivers that will allow servicers to use alternative methods when servicing FHA -insured forward and reverse mortgages. Strategies retail lenders should adopt from D2C lending.

Mortgage 480

Mortgage Insurance Lending Retail 480