Lending Related Topics 
Housing Wire
FEBRUARY 22, 2023
Wells Fargo , the largest depository mortgage lender in America, issued pink slips to employees in its home lending business on Tuesday following its decision to exit the correspondent channel. “I Wells Fargo’s correspondent lending business was already in a freefall.
Housing Wire
FEBRUARY 28, 2023
Virginia-based mortgage bank Prosperity Home Mortgage, LLC has acquired the assets of Arizona-based JFQ Lending, LLC to explore the direct-to-consumer channel.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Housing Wire
FEBRUARY 9, 2023
Northpointe Bank , a regional bank headquartered in Michigan, will walk away from its correspondent lending business to focus on its retail lending, mortgage warehouse financing division and specialty loan servicing business.
Housing Wire
FEBRUARY 27, 2023
RMK Financial Corporation , which does business as Majestic Home Loans , has been permanently banned by the Consumer Financial Protection Bureau (CFPB) from the mortgage lending industry following a series of repeat offenses — which occurred despite the CFPB’s law enforcement order issued in 2015.
Housing Wire
OCTOBER 17, 2022
The Howard County Food Bank in Columbia, Maryland, gained valuable volunteers and donations from Planet Home Lending as the organization partnered with Farmlink to deliver farm-fresh produce to the food bank. The post Planet Home Lending volunteers fight hunger appeared first on HousingWire.
Housing Wire
AUGUST 15, 2022
In the face of a declining mortgage market and heightened regulatory scrutiny, Wells Fargo , the country’s largest depository mortgage lender by volume, is planning for a smaller footprint in correspondent lending and third-party servicing business.
Housing Wire
JANUARY 27, 2023
California-based retail lender JVM Lending plans to drum up business this year — but by doing the exact opposite. This year, JVM Lending plans on diversifying their business to closing loans for investment properties rather than being heavily dependent on jumbo loans.
Housing Wire
AUGUST 30, 2022
The Redlands, California-based company informed its broker network last week that it has “made the difficult decision to take a step back from wholesale lending,” according to a spokesperson. The post Mountain West Financial steps back from wholesale lending appeared first on HousingWire.
Housing Wire
DECEMBER 11, 2020
Mortgage giant Fannie Mae extended its relaxed lending and appraisal standards put in place due to COVID-19 into the new year. To that end, the GSEs began accepting alternative forms of employment verification, including a recent paystub, to ensure lending can continue.
Housing Wire
JANUARY 23, 2023
Mortgage lender Revolution Mortgage has partnered with Tavant, an AI-powered digital lending company, to integrate Tavant’s Touchless Lending product suite into Revolution Mortgage’s platform.
Housing Wire
NOVEMBER 14, 2022
Full-service mortgage lender Nations Lending and local Indiana real estate firm Carpenter Realtors launched a joint venture, Commitment Mortgage , in order to offer an end-to-end experience — from finding a home to closing a loan in a cooled-down housing market. “We
Appraisal Buzz
APRIL 11, 2022
asks of its time to “democratize” the lending process. The post Democratizing Lending appeared first on theMReport.com. The post Democratizing Lending appeared first on Appraisal Buzz. Origination fees can present a web of inconsistencies, and Yatin Karnik of Confer Inc.
Housing Wire
JANUARY 5, 2021
The post Guaranteed Rate to acquire Stearns Lending appeared first on HousingWire. M&A / Funding Mortgage Featured Guaranteed Rate M&A MORTGAGE M&A Stearns Stearns Lending
Housing Wire
MARCH 11, 2021
The Federal Housing Finance Agency (FHFA) announced on Thursday that it has again extended relaxed lending and appraisal standards for both Fannie Mae and Freddie Mac. The post FHFA extends relaxed appraisal, lending standards appeared first on HousingWire.
Housing Wire
SEPTEMBER 21, 2022
Martin, Firth Third’s group head of mortgage warehouse finance, along with a team of warehouse lending professionals, will be based in Dallas. “We’re The post Fifth Third Bank unveils new warehouse lending business appeared first on HousingWire.
Housing Wire
OCTOBER 12, 2022
Over the past year, Homepoint sold off large chunks of its business including selling its delegated correspondent business to Planet Home Lending. The post Homepoint shrinks its lending capacity appeared first on HousingWire. Home Point Financial Corp.
Housing Wire
JULY 16, 2021
Seventy million dollars in seed funding is a colossal investment for an unproven tech startup, even one that promises to fully disrupt a relatively low-margin, traditional industry like mortgage lending. The post Ex-Zillow execs promise revolution in lending appeared first on HousingWire.
Housing Wire
NOVEMBER 30, 2022
A recent lawsuit filed by Banc of California is claiming that mortgage lenders and servicers Sprout Mortgage (now defunct) and Planet Home Lending owe $1.5
Housing Wire
JANUARY 5, 2023
Silvergate’s provisional fourth quarter earnings report revealed that it exited its mortgage warehouse lending product in the fourth quarter of 2022 due to “the current macro environment, the rising interest rate environment and related reduction in mortgage volumes.”.
Housing Wire
JANUARY 8, 2021
As we think about coming out of this first month of the year, we’ve quickly realized this year is going to be anything but planned or what we in the mortgage lending industry are used to. Buckle up lending community — this may be only getting started!
Housing Wire
FEBRUARY 21, 2023
IPO / M&A Mortgage Agents National Title Insurance Company Boston National Business Credit Suisse Finance of America Finance of America Capital Finance of America Reverse Incenter Lending
Housing Wire
FEBRUARY 3, 2021
Economists and housing experts say mortgage lending standards will likely loosen in 2021, despite the increased risk of delinquencies ahead. The post Why mortgage lending standards will ease in 2021 appeared first on HousingWire.
Inman
JANUARY 11, 2023
Mortgage Select correspondent lending correspondent mortgage lending Equal Credit Opportunity Act Fair Housing Act fair lending Kleber Santos Kristy Fercho wells fargo
Housing Wire
JANUARY 24, 2022
Stearns Lending will lay off 348 workers following the decision by Guaranteed Rate earlier this month to discontinue operations of its third-party wholesale channel. The post Stearns Lending to lay off 348 workers appeared first on HousingWire.
Housing Wire
AUGUST 11, 2022
In a move the Federal Housing Finance Agency said will bolster sustainability and equity, servicers for federally backed loans will obtain and maintain fair lending data. The post FHFA: GSE servicers must keep fair lending data appeared first on HousingWire.
Housing Wire
SEPTEMBER 15, 2020
Fannie Mae , the world’s largest mortgage financier, said mortgage lending this year probably will reach an all-time high of $3.9 The post Mortgage lending volume in 2020 likely to break records appeared first on HousingWire.
Housing Wire
JANUARY 11, 2023
Nashville, Tennessee-headquartered Defy Mortgage is the latest player to join the non-QM (non-qualified mortgage) lending space, which targets entrepreneurs and gig workers who have various forms of collateral, including cryptocurrency.
Housing Wire
AUGUST 10, 2022
Nonbank lender Panorama Mortgage Group has added Texas-based Lone Peak Lending to its growing stable of brands. Donovan Stamps, a 27-year mortgage veteran with stints at Stearns Lending , SoFi Mortgage , First Guaranty Mortgage Corp.
Housing Wire
JUNE 15, 2021
Houston-based nonbank mortgage lender Cornerstone Home Lending is buying Roscoe State Bank , a traditional depository bank headquartered in Roscoe, Texas. Increasing Lending and Servicing Capacity – Regardless of Rates.
Housing Wire
APRIL 27, 2021
Wholesale lender Kind Lending has brought on mortgage veteran Suzy Lindblom as its chief operating officer, the company said Tuesday. Lindblom has 40 years of experience in the mortgage space, most recently serving as the COO of Planet Home Lending for three and half years.
Housing Wire
APRIL 29, 2022
Connecticut-based mortgage servicer and lender Planet Home Lending has entered into an agreement to acquire assets from Homepoint ‘s delegated correspondent channel for $2.5 The deal will also contribute to Planet Home Lending’s servicing portfolio, now at $54 billion.
Housing Wire
JULY 6, 2022
As recession talk becomes more prevalent, some people are concerned that mortgage credit lending will get much tighter. One of the biggest reasons home sales crashed from their peak in 2005 was that the credit available to facilitate that boom in lending simply collapsed.
Housing Wire
MARCH 29, 2021
That has caused a remarkable shift to a digital lending model that has significantly impacted a lender’s ability to do business during these challenging times. The post Pandemic ushers in a new era of digital lending appeared first on HousingWire. Mortgage digital lending HWplus
Housing Wire
JANUARY 7, 2021
Acra Lending, one of the largest independent non-QM specialty finance lenders, has added to its suite of mortgage loan programs with the launch of its Jumbo Prime mortgage solution. The post Acra Lending launches new jumbo prime program appeared first on HousingWire.
Housing Wire
AUGUST 31, 2022
Houston-based nonbank mortgage lender Cornerstone Home Lending announced on Wednesday it has received all regulatory approvals to acquire traditional depository The Roscoe State Bank, a deal that will expand its operations beyond the traditional mortgage business.
Housing Wire
JANUARY 22, 2021
Another one would be home lending. The post Chase sees huge digital adoption in home lending business appeared first on HousingWire. Fintech Loan Origination Tech Mortgage Chase Home Lending Digital mortgage JPMorgan Chase Rohan Amin
Housing Wire
SEPTEMBER 27, 2022
Presented by: Acra Lending. The post The Real Brokerage to acquire LemonBrew Lending appeared first on HousingWire. Publicly traded real estate firm The Real Brokerage has struck an agreement to acquire the mortgage brokerage arm of real estate and mortgage technology company LemonBrew.
Housing Wire
DECEMBER 14, 2021
Automated underwriting for agency [ Fannie Mae and Freddie Mac ] products is definitely much easier because there’s a defined set of scenarios that you have to meet,” says Keith Lind, executive chairman and president of Acra Lending (a non-QM lender formerly known as Citadel Servicing ).
Housing Wire
JANUARY 14, 2021
The Federal Housing Finance Agency (FHFA) announced on Thursday it has extended relaxed lending and appraisal standards put in place due to COVID-19 another month for both Fannie Mae and Freddie Mac. The post FHFA extends relaxed appraisal, lending standards appeared first on HousingWire.
Housing Wire
NOVEMBER 15, 2022
Lending standards tightened in October, largely due to higher mortgage rates and the worsening outlook for the economy, the Mortgage Bankers Association (MBA) said.
Expert insights. Personalized for you.
469 
Let's personalize your content