Housing Wire

FEBRUARY 5, 2021

Fresh off its acquisition of Stearns , Guaranteed Rate has picked up Owning Corporation , a direct-to-consumer mortgage lender. According to Guaranteed Rate, Owning’s direct-to-consumer platform processed over $20 billion in total loan volume in 2020. According to the NMLS, Owning has 62 loan officers and was formed in 2018.

Loan Officer 414

Loan Officer Loans Closing costs Title 414

Housing Wire

MAY 12, 2022

Worsening market conditions are only going to accelerate an already hyper-competitive mortgage lending industry that is still learning to adapt to post-pandemic homebuying behaviors. Technology has been the focal point of that evolution more out of necessity than some consensus that homebuyers don’t want to interact with their lenders at all.

Lending 320

Lending Marketing Pre-qualification Pre-approval 320

Housing Wire

NOVEMBER 8, 2022

LodeStar Software Solutions, a provider of compliance tools for mortgage lenders, has partnered with loan origination system and software provider LendingPad, it announced on Tuesday. The aim of the partnership is to introduce LodeStar Discovery, a closing fee calculator, to mortgage loan originators using the LendingPad platform.

Closing costs 346

Closing costs Title Lending Loans 346

Housing Wire

MARCH 9, 2023

The program would grant certain mortgage lenders a waiver on title insurance requirements for loans sold to Fannie Mae and will be rolled out this spring, according to Politico. residential real estate mortgages, would not confirm nor deny the rumors. “We Fannie Mae, which currently backs almost $4.1 trillion in U.S.

Title 393

Title Closing costs Finance Land 393

Housing Wire

JUNE 9, 2022

Renovation financing startup RenoFi now offers a fixed-rate home renovation loan, which allows homeowners to borrow as much as 90% of their home’s after-renovation value — a move to target homeowners who don’t qualify for a home equity line of credit (HELOCs). Presented by: Auction.com.

FHA loan 317

FHA loan Renovation Equity Loans 317

Housing Wire

NOVEMBER 30, 2022

Each year, the TECH100 awards recognize the 200 most influential tech companies in mortgage and real estate that are working to improve the housing industry through tech innovation. The promises of technology have largely been lost in the mortgage industry and little has been done to reduce costs for homebuyers.”.

Industrial 342

Industrial Title Lending Technology 342

Housing Wire

FEBRUARY 23, 2023

LenderLogix, a provider of mortgage automation software and application programming interfaces (APIs), has launched LiteSpeed, a white-label streamlined point-of-sale (POS) system that serves small- to mid-sized mortgage lenders. Its other products include QuickQual , which is used by lenders in 42 states.

Pre-approval 292

Pre-approval Loans Closing costs Mortgages 292

Housing Wire

OCTOBER 21, 2021

The nation’s network of Federal Home Loan Banks (FHLBanks ) expects to be required to increase its share of investments in affordable housing. The resources help families with 80% or less of the area median income for down payments or closing costs, for example. In May, Sen. Catherine Cortez Masto (D-NV) and Rep.

Banks 348

Banks Loans Equity Finance 348

Lab Coat Agents

MAY 1, 2024

VA loan assumptions offer a fantastic opportunity for your clients to save thousands on their mortgage in a rising interest rate environment. What is a VA Loan Assumption? What is a VA Loan Assumption? This can provide significant savings compared to taking out a new loan at prevailing market rates.

VA loan 52

VA loan Loans Debt-to-income ratio FHA loan 52

Housing Wire

MAY 23, 2022

Technology equals efficiency. A lot of lenders haven’t spent much money on technology for home equity processes. They’re still using legacy in-house technology for their loan origination system and their processes simply aren’t efficient. They include automated title, digital signing solutions and eClosing offerings.

Equity 343

Equity Title Technology Loans 343

Housing Wire

APRIL 25, 2023

The goal of Asset Analysis is to automate the labor-intensive process of reviewing assets and multiple bank statements during underwriting to determine the likelihood that the borrower will have sufficient funds to cover down payments, closing costs, and reserves for the mortgage transaction.

Lending 318

Lending Banks Loan Officer Loans 318

Housing Wire

NOVEMBER 13, 2020

Later, you may have taken out a personal or small business loan. Making a loan is all about understanding who a person is and what risk they represent. Consumers are ready — and they’re waiting on mortgage to catch up. There’s no doubt that mortgage data is among the most valuable in the world. Mortgage data is aged data.

Banks 482

Banks Loans Technology Mortgages 482

Housing Wire

MARCH 22, 2023

An affordable home insurance policy not only means lower monthly payments, but also improved debt-to-income ratio and more money to put towards home improvements, property taxes or closing costs. HW: How does working with an insurance agency simplify the closing process? You can also request a policy and easily print EOI.

Debt-to-income ratio 378

Debt-to-income ratio Closing Loans Closing costs 378

Housing Wire

JUNE 30, 2021

Data analytics giant CoreLogic announced on Wednesday the acquisition of closing cost data and tech provider ClosingCorp. The closing data company also utilized CoreLogic’s home price data to release its first national refinance closing cost report in 2021, so there’s quite a bit of familiarity between the two firms.

Closing 367

Closing Closing costs Investor Title 367

Housing Wire

JUNE 11, 2021

Have you budgeted for closing costs? Before you get overwhelmed, take comfort that critical milestones of home inspection, appraisal and closing processes are all great ways to get more acquainted with your prospective new home. What’s the difference between a home inspection and an appraisal?

Inspection 424

Inspection Closing Closing costs Title search 424

Housing Wire

MAY 17, 2023

Rocket Mortgage ‘s top executives believe the mortgage market is near the bottom, which means a recovery may be on the horizon soon. So yes, we’re toward the bottom in that,” Bob Walters, CEO at Rocket Mortgage and president and COO at Rocket Companies , said. You may get a mortgage once every 10 years.

Marketing 327

Marketing Banks Mortgages Industrial 327

Realtor.com

MARCH 12, 2021

Getty Images Mortgage rates are on the rise after nearly a year of record lows, providing a nudge to homeowners who want to refinance but didn’t get around to it yet. First find the difference between your current mortgage rate and the potential savings of a refinance offer. What if closing costs are too high?

Fixed-rate mortgage 87

Fixed-rate mortgage Mortgages Closing costs Equity 87

Marco Santarelli

APRIL 28, 2023

The Federal Housing Finance Agency (FHFA) recently announced changes to the loan-level price adjustments (LLPAs) for borrowers with conventional mortgages backed by Fannie Mae or Freddie Mac. The changes, which are set to take effect on May 1, 2023, will impact the pricing structure of mortgages for borrowers.

Mortgages 98

Mortgages Debt-to-income ratio Loans Finance 98

Housing Wire

OCTOBER 13, 2022

Now, thanks to United Wholesale Mortgage (UWM) CEO Mat Ishbia’s recent announcement that his company is hiring attorneys to review title and closing documents, AOLs and the risks associated with them, have been a hot topic at this year’s ALTA One conference. “The An AOL is not going to cover the period of a 30-year loan,” Cain said.

Title 317

Title Closing costs Title search Closing 317

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. That’s not a knock on the good professionals who enact minor miracles choreographing the multi-faceted ballet that is a typical closing. Let’s admit it. More emotion.

Closing 242

Closing Marketing Title Title search 242

Redfin

JULY 11, 2023

In this comprehensive guide, by Redfin, we will delve into ten common questions about mortgages, offering valuable insights and expert answers. What is a mortgage? A mortgage is a loan specifically designed for purchasing a property, commonly a home. How does a mortgage work? How is a mortgage rate determined?

Pre-approval 59

Pre-approval Mortgages Pre-qualification Debt-to-income ratio 59

Housing Wire

MAY 9, 2022

Closing costs for homeowners who jumped on the refi wave in 2021 increased at less than one-third the pace of closing costs for home purchases as homebuyers had to cope with a hot market that fueled higher home-sale prices and related settlement costs. How to avoid home closing delays in 2022.

Closing costs 357

Closing costs Closing Loans Title 357

Real Trends

NOVEMBER 11, 2022

“With housing affordability at an all-time low and interest rates on the climb, it’s important that homeowners have alternative options to access their home equity without selling or taking on additional debt,” said Michael Gifford, CEO of Splitero , a financial technology company that helps homeowners access home equity. . USDA loans.

Finance 106

Finance VA loan FHA loan Agents 106

Realty Biz

NOVEMBER 16, 2020

Due to some favorable financial circumstances (no student loans and I live with a roommate), I’m already able to buy an entry level home. I’ve been told by my older brother and others that I should take out an adjustable rate mortgage because I plan to sell my first house before the interest rate will increase. What do you think?

Fixed-rate mortgage 102

Fixed-rate mortgage Mortgages Loans Closing costs 102

RIS Media

OCTOBER 2, 2020

If you’re looking to buy a house, there are a wide range of companies that would likely be happy to give you a mortgage. Well-known national lenders approve loans for customers across the United States, but a smaller, local bank or credit union may offer you several advantages that a larger institution can’t. Loan Servicer.

Banks 54

Banks Debt-to-income ratio Mortgages Loans 54

HomeLight

JANUARY 30, 2024

.” This overall cost will vary significantly based on location, even within the state. But the core living expenses you’ll pay for typically include the following categories: Housing (rent/mortgage) Energy (utilities) Food (groceries) Transportation (vehicles or transit systems) Healthcare (doctors, hospitals, etc.)

Home sale contingency 102

Home sale contingency Closing costs Technology Sales 102

HomeLight

JANUARY 22, 2024

.” This overall cost will vary significantly based on location, even within the state. But the core living expenses you’ll pay for typically include the following categories: Housing (rent/mortgage) Energy (utilities) Food (groceries) Transportation (vehicles or transit systems) Healthcare (doctors, hospitals, etc.)

Home sale contingency 99

Home sale contingency Closing costs Technology Equity 99

HomeLight

JANUARY 22, 2024

.” This overall cost will vary significantly based on location, even within the state. But the core living expenses you’ll pay for typically include the following categories: Housing (rent/mortgage) Energy (utilities) Food (groceries) Transportation (vehicles or transit systems) Healthcare (doctors, hospitals, etc.)

Home sale contingency 98

Home sale contingency Closing costs Technology As-is 98

Housing Wire

NOVEMBER 9, 2023

Fannie Mae and Freddie Mac jointly announced this week that they have entered a new critical edit phase for their Uniform Closing Dataset (UCD) as of Nov. 6, informing lenders that they must address quality issues for “fatal data points” before delivering loans to either of the government-sponsored enterprises.

Loans 375

Loans Closing costs Mortgages Closing 375

HomeLight

JANUARY 30, 2024

.” This overall cost will vary significantly based on location, even within the state. But the core living expenses you’ll pay for typically include the following categories: Housing (rent/mortgage) Energy (utilities) Food (groceries) Transportation (vehicles or transit systems) Healthcare (doctors, hospitals, etc.)

Home sale contingency 94

Home sale contingency Closing costs Technology Sales 94

HomeLight

JANUARY 22, 2024

.” This overall cost will vary significantly based on location, even within the state. But the core living expenses you’ll pay for typically include the following categories: Housing (rent/mortgage) Energy (utilities) Food (groceries) Transportation (vehicles or transit systems) Healthcare (doctors, hospitals, etc.)

Home sale contingency 83

Home sale contingency Closing costs Technology Sales 83

HomeLight

JANUARY 30, 2024

.” This overall cost will vary significantly based on location, even within the state. But the core living expenses you’ll pay for typically include the following categories: Housing (rent/mortgage) Energy (utilities) Food (groceries) Transportation (vehicles or transit systems) Healthcare (doctors, hospitals, etc.)

Home sale contingency 88

Home sale contingency Closing costs Technology Sales 88

HomeLight

OCTOBER 29, 2021

How long does the house closing process take? The average time to close a loan was 48 days in July 2021 , according to ICE Mortgage Technology, a company that produces mortgage management technology. In January 2021, the average time to close was 58 days. Step 5: Review the Loan Estimate.

Closing 82

Closing Inspection Title Due diligence 82

HomeLight

JANUARY 30, 2024

.” This overall cost will vary significantly based on location, even within the state. But the core living expenses you’ll pay for typically include the following categories: Housing (rent/mortgage) Energy (utilities) Food (groceries) Transportation (vehicles or transit systems) Healthcare (doctors, hospitals, etc.)

Home sale contingency 80

Home sale contingency Closing costs Technology Equity 80

HomeLight

JUNE 16, 2023

Editor’s note: Processes, rates, and services from real estate companies can change based on market conditions, housing trends, changes in technology, and customer needs. Key to this process is the short-term loan they provide to clients which allows them to make a cash offer on a new home before their current property is sold.

Home sale contingency 86

Home sale contingency Staging Loans Closing 86

Housing Wire

DECEMBER 19, 2022

Rocket Mortgage , once the largest mortgage originator in the country, capitalized on the all-time low mortgage rates during the pandemic years, racking up record profits through an enormous amount of refinances. Worse, Rocket lost its origination crown to its chief antagonist, United Wholesale Mortgage. trillion in 2022.

Mortgages 393

Mortgages Loans Finance Industrial 393

Redfin

MAY 2, 2023

The state’s economy is driven by various industries, including technology, tourism, energy. However, living in Colorado can also come with challenges, such as a high cost of living, traffic congestion in urban areas, and extreme weather conditions. In Colorado, closing typically occurs at a title company.

Pre-approval 56

Pre-approval FHA loan Loans Finance 56