Housing Wire

FEBRUARY 22, 2024

Government-sponsored enterprise (GSE) Fannie Mae announced on Thursday the appointment of Peter Akwaboah as executive vice president and chief operating officer, effective May 20, 2024. He will lead Fannie Mae’s chief information office, enterprise operations, business resiliency, and enterprise workplace and security functions, the GSE said.

Banks 475

Banks Technology Industrial As-is 475

Broke Agent Media

MARCH 14, 2023

BAM’s Key Details: Every year, T3 Sixty releases T3 Top 5 rankings, which list the nation’s five largest real estate enterprise companies, brokerages, franchise brands and franchisees. Yesterday, the T3 Top 5 rankings were released, showcasing the largest real estate enterprises, brokerages, franchise brands and franchisees.

Branding 98

Branding Brokerage Sales Residential 98

Inman

OCTOBER 26, 2023

RESAAS’s data provisioning and market insight tools address a wide array of needs in multiple real estate business centers. It's known especially for its MLS and brokerage communication modules.

Brokerage 188

Brokerage MLS Marketing Technology 188

Real Trends

MAY 2, 2023

a global technology platform for the real estate industry, has announced a new enterprise partnership with HomeServices of America , a Berkshire Hathaway affiliate. The post RESAAS forms enterprise partnership with HomeServices appeared first on RealTrends. RESAAS Services Inc. ,

Technology 73

Technology Branding Industrial Residential 73

Realty Biz

FEBRUARY 14, 2023

Writer , the only full-stack generative AI platform built for business, today launches three new proprietary large language models (LLMs) designed for enterprise-ready generative AI. Writer was built from the ground up to take AI into the enterprise. Palmyra Small and Base LLMs are accessible via free download on Hugging Face.

Commercial 73

Commercial Branding Design As-is 73

RIS Media

AUGUST 12, 2021

The enterprises completed 65,243 foreclosure prevention actions in May, bringing the total to 5,965,347 since the start of the conservatorships in Sept. The post Enterprises Completed 65,243 Foreclosure Prevention Actions in May appeared first on RISMedia. of the total loans serviced and 59% of the total delinquent loans.

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Principal Loans Finance Industrial 98

Housing Wire

MARCH 1, 2024

Mortgage trade groups have commended the moves taken by the Federal Housing Finance Agency (FHFA) and the government-sponsored enterprises (GSEs) to address a spike in loan buybacks — the latest being a new electronic notification made available by Fannie Mae. But advocates also say more is needed to improve the loan repurchase process.

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Loans Mortgages Construction Finance 427

Housing Wire

APRIL 18, 2024

It is configured to give independent mortgage banks, federally insured banks and credit unions the needed tools at an accessible price point The government-sponsored enterprise Freddie Mac approved Truv as a lender tool for payroll verifications and consumer-permissioned income data in December 2023.

Banks 414

Banks Mortgages Loans Sales 414

Housing Wire

JANUARY 24, 2024

Another step the government-sponsored enterprise took was to enhance the best efforts commitments on HomeReady loans. The enterprise said that the new features “offer increased access to homeownership.” It allows lenders to lock in margins and reduce hedging costs. 1, 2024, to Feb. 1, 2024, to Feb. 1, 2025.”

Closing costs 475

Closing costs Loans Closing Mortgages 475

Housing Wire

DECEMBER 16, 2021

“The proposed rule will help ensure that the Enterprises have robust systems and processes in place to monitor and maintain proper levels of capital, ” said Acting Director Sandra Thompson, who was nominated to be the permanent agency director on Wednesday. The amendments would: 1.

Investor 545

Investor Finance Development As-is 545

Inman

FEBRUARY 28, 2023

Former Keller Williams CEO John Davis says he wants his claims decided through a public trial rather than arbitration. KW says Davis's claims are "unsubstantiated, unwarranted, and disparaging."

Brokerage 157

Brokerage Agents 157

Housing Wire

JUNE 21, 2023

“Despite considerable growth in each Enterprise’s loss-absorbing capacity (net worth), available capital remains in deficit, in large part because the Senior Preferred Stock issued by the Enterprises is excluded from regulatory capital,” the report reads. Unlike the U.S. Unlike the U.S.

Banks 369

Banks Finance Mortgages As-is 369

Housing Wire

MARCH 3, 2024

A record 47% of government-sponsored enterprise (GSE) purchase loans in 2023 came from first-time homebuyers, a number that’s been trending gradually higher throughout the past decade. Since 1995, only two quarters have seen fewer than one million first lien mortgages originated,” Andy Walden, vice president of enterprise research at ICE.

Loans 501

Loans Debt-to-income ratio Lending Banks 501

Housing Wire

FEBRUARY 14, 2024

The data provider will leverage the artificial intelligence capabilities of Google Cloud’s enterprise AI platform, Vertex AI. CoreLogic is expanding its strategic alliance with Google Cloud , the company announced on Wednesday. The integration will also help leverage prebuilt models.

As-is 424

As-is Technology 424

Housing Wire

OCTOBER 30, 2023

Due to low volume, a formal review process has not been implemented for desktop appraisal reports, as these appraisals make up “less than one percent of the Enterprises’ total loan volume,” according to the report.

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Development Finance Loans Mortgages 445

Housing Wire

NOVEMBER 14, 2023

Government sponsored-enterprises (GSEs) Fannie Mae and Freddie Mac will each have a $70 billion cap for multifamily loan purchases in 2024, the Federal Housing Finance Agency (FHFA) announced Tuesday. The combined $140 billion volume considers the given market condition. Over the last two years, the cap has been reduced.

Loans 343

Loans Finance Lending Mortgages 343

Housing Wire

SEPTEMBER 15, 2021

The FHFA proposed a rule on Wednesday to amend the Enterprise Regulatory Capital Framework (ERCF) for the GSEs that would refine the leverage buffer and the risk-based capital treatment for CRT transactions. of an enterprise’s adjusted total assets with a dynamic PLBA equal to 50% of the enterprise’s stability capital buffer.

Investor 378

Investor Banks As-is Mortgages 378

Housing Wire

FEBRUARY 24, 2023

In its official notice in the Federal Register, the FHFA said that “in the interim, FHFA will require the Enterprises to delay commencement of any activities that satisfy the new activity criteria until those activities can be reviewed by FHFA in accordance with the final rule.” It’s not much a reprieve, though.

Investor 383

Investor Finance Industrial Marketing 383

Housing Wire

SEPTEMBER 30, 2022

Priscilla Almodovar, the president and CEO of national housing nonprofit Enterprise Community Partners , will take the helm of the mortgage finance behemoth on Dec. Almodovar, a former managing director at JPMorgan Chase who co-led its real estate division for five years, has served as CEO of Enterprise Community Partners since 2019.

Finance 394

Finance Mortgages As-is Marketing 394

RIS Media

DECEMBER 9, 2020

the parent company of eXp Realty and Virbela, recentlyt announced that it has completed the acquisition of SUCCESS Enterprises and its related media properties, including the SUCCESS.com domain and web property. Sanford has been named CEO of SUCCESS Enterprises and will continue serving in his other leadership capacities.

Development 73

Development Technology Branding Equity 73

Housing Wire

NOVEMBER 10, 2020

“The validation and approval of Classic FICO by the enterprises allows them to continue supporting the mortgage market while assessing more modern credit score models that were submitted in response to the 2020 Joint Enterprise Credit Score Solicitation ,” the FHFA announced.

Finance 539

Finance Development Mortgages As-is 539

Housing Wire

MARCH 18, 2024

Intercontinental Exchange (ICE) Mortgage Technology introduced two new tools, Validate ROV and Validate Selector, to its growing suite of property valuation solutions, the company announced on Monday.

Technology 416

Technology Inspection Investor Mortgages 416

Housing Wire

FEBRUARY 26, 2024

Greene will report to Devi Mateti, president of the enterprise digital solutions team. “I In this new capacity, Greene will oversee operations, sales and customer service efforts, working to empower CoreLogic’s MLS clients.

Industrial 416

Industrial MLS Development Residential 416

Housing Wire

MARCH 19, 2024

Before joining Calque, Bremer (a 2020 HousingWire Insider ), served as the executive vice president of enterprise operations at CoreLogic. “I Calque , a company that partners with lenders to offer non-contingent mortgages to homebuyers, has appointed Michael Bremer as CEO.

Equity 422

Equity Mortgages Agents Sales 422

Housing Wire

MARCH 1, 2022

In recent years, both of the government sponsored enterprises have stepped up efforts to improve diversity in their staffs, boards and suppliers. A 2020 report from the Government Accountability Office found that female directors held leadership positions on the enterprises’ boards for the first time in 2019. Effective Feb.

Banks 394

Banks Finance Industrial Lending 394

Housing Wire

MARCH 21, 2022

Chambliss is currently the deputy general counsel for mission and anti-predatory lending at the enterprise. In recent years, both of the government sponsored enterprises have stepped up efforts to improve diversity in their staffs, boards and suppliers. He also oversees Freddie Mac’s anti-predatory lending efforts.

Lending 370

Lending Equity Loans Finance 370

Housing Wire

OCTOBER 16, 2023

“I am announcing today that we have directed the Enterprises to extend their rep & warrant policies for loans affected by natural disasters to cover mortgages that have successfully exited a COVID-19 forbearance plan,” FHFA director Sandra Thompson said during the MBA Annual 2023, a conference held Oct. 14-17 in Philadelphia.

Loans 407

Loans Finance Mortgages As-is 407

Housing Wire

DECEMBER 6, 2023

In the letter addressed to FHFA Director Sandra Thompson , the CHLA says that it supports the use of AOLs in lieu of title insurance , “in conjunction with Enterprise mortgage loans, subject to reasonable standards.”

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Title Due diligence Land Loans 407

Housing Wire

NOVEMBER 10, 2022

The Federal Housing Finance Agency (FHFA) announced on Thursday that the 2023 multifamily loan purchase caps for Fannie Mae and the Freddie Mac will be $75 billion for each government-sponsored enterprise (GSE), for a combined total of $150 billion to support the multifamily market, according to an announcement from the FHFA.

Loans 370

Loans Finance Design Mortgages 370

Housing Wire

SEPTEMBER 28, 2022

The report noted that a compensation consultant would be added to help FHFA staff validate the enterprises’ compensation submissions. Federal law prohibits bonuses to GSE executives while they are under conservatorship.

Finance 406

Finance Closing As-is Mortgages 406

Housing Wire

MARCH 5, 2024

Ginnie Mae has introduced new cybersecurity incident reporting requirements, the government-owned enterprise announced on Monday. The initiative underscores Ginnie Mae’s commitment to bolstering its companywide information security, business continuity and reporting standards.

Principal 425

Principal Investor Finance Mortgages 425

Housing Wire

MARCH 27, 2024

Figure Technology Solutions (FTS), the parent company of Figure Lending LLC , took another step this week to become a public company, just one week after announcing a reorganization of its enterprise structure. On Wednesday, the company said it “has confidentially submitted a draft registration statement” with the U.S.

Technology 436

Technology Lending Equity Investor 436

Housing Wire

JULY 6, 2022

Overseeing those fourth parties poses a challenge, however, since in most cases the enterprises do not have a direct relationship with them. For Fannie Mae, large subservicers fit that bill, and they also have direct relationships with the enterprises. Fannie Mae said it can monitor subservicers in the same way it monitors servicers.

Due diligence 395

Due diligence Finance Development Industrial 395

Realty Biz

AUGUST 25, 2023

As you embark on this journey, remember that dedication to quality, innovation, and customer satisfaction will set your commercial paving enterprise on a path to long-term prosperity. Stay tuned for more insights, tips, and expert guidance as we continue to explore the journey of founding and running a successful commercial paving company.

Commercial 52

Commercial Branding Construction Staging 52

Housing Wire

SEPTEMBER 11, 2023

The Federal Housing Finance Agency (FHFA) on Monday announced that it will offer additional opportunities for public engagement as it considers the transition to updated credit score models and credit report requirements for loans acquired by government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac.

Industrial 395

Industrial Finance Loans Mortgages 395

Housing Wire

APRIL 10, 2024

CSBS is a conference of the primary regulators of nonbank mortgage companies at the state level, while FHFA is both regulator and conservator to the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac , the most important counterparties for nonbank mortgage entities.

Mortgages 402

Mortgages Finance Development Banks 402

Housing Wire

APRIL 15, 2024

Fannie Mae and Freddie Mac will not count buyer’s agent commissions as part of their allowable interested party contributions (IPCs), according to announcements from the government-sponsored enterprises (GSEs) on Monday.

Agents 529

Agents Seller concession VA loan Finance 529