Housing Wire

APRIL 23, 2024

On Tuesday at The Gathering by HousingWire in Scottsdale, Arizona, Guild Mortgage CEO Terry Schmidt sat down with HousingWire editor in chief Sarah Wheeler to talk about the principles guiding much of the lender’s actions in recruiting, mergers and acquisitions (M&A) and overall business outlook.

Mortgages 402

Mortgages Technology Development Loans 402

Housing Wire

MARCH 19, 2024

Mortgage capital markets tech firm Polly announced its application programming interface (API) integration with CoreLogic , which will enable lenders to streamline the digital mortgage process. Polly’s API integration with CoreLogic is part of the fintech’s long-term strategy to provide innovation for lenders.

Technology 395

Technology Loans Mortgages Banks 395

Housing Wire

MARCH 15, 2024

Optimal Blue has brought on Sara Holtz, former vice president of demand marketing and communications at ICE Mortgage Technology , as chief marketing officer (CMO). She has a track record of proven leadership, and she will play an integral role as we continue to expand our position as the leader in mortgage secondary marketing technology.”

Mortgages 412

Mortgages Technology Investor Loans 412

Housing Wire

MARCH 1, 2024

Name Job Title Company Name Alan Tiongson VP of Secondary Marketing and Asset Management Constructive Capital (Constructive Loans) Andrew Stringer EVP, Senior Director of Capital Markets PrimeLending Ben Allison Chief Financial Officer Deephaven Mortgage Bryan Charap Chief Financial Officer Realtor.com Cassie Vosburgh Chief Financial Officer ACES Quality (..)

Finance 418

Finance Principal Construction MLS 418

Housing Wire

MARCH 6, 2024

California-based mortgage lender CMG Financial will partner with fintech Sagent for seven years as it brings its servicing business in-house. After an exhaustive search, it was clear Sagent was the right servicing fintech partner with deep mortgage expertise plus highly configurable platforms needed to realize our homeowner-first vision.”

Bankruptcy 382

Bankruptcy Loan Officer Mortgages Investor 382

Housing Wire

APRIL 22, 2024

Industry veteran Rick Roque has resigned from his position as corporate vice president at retail mortgage lender CrossCountry Mortgage (CCM) to join multichannel player Sierra Pacific Mortgage as executive vice president of retail. Roque, who co-founded M&A and retail mortgage banking firm Menlo Co.

Mortgages 362

Mortgages Loan Officer Loans Banks 362

Housing Wire

APRIL 23, 2024

Rocket Mortgage launched a new artificial intelligence (AI) tool on Tuesday that allows its client experience teams to analyze sentiment, record behavior patterns, transcribe conversations and create tailored experiences during customer interactions. The addressable market in mortgages is $1.5 million in loans serviced.

Loans 386

Loans Finance Mortgages Lending 386

Housing Wire

APRIL 24, 2024

Most recently, he served as the president of Fairway Central at Fairway Independent Mortgage Corp. In May 2020, Brenning also founded and led Amerisave Wholesale Mortgage Solutions , a technology- and service-driven wholesale lending platform. “I

Lending 329

Lending Investor Technology Mortgages 329

Housing Wire

APRIL 24, 2024

Mortgage lenders should get used to the concept of ”higher for longer” interest rates and work to bring profitability to their businesses, according to Stan Middleman, founder, president and CEO at Freedom Mortgage. In September 2023, to support its operations, Freedom Mortgage raised $1.3 compared to the previous year.

Debt-to-income ratio 417

Debt-to-income ratio Mortgages Loans Finance 417

Housing Wire

MARCH 12, 2024

San Diego-based lender Guild Mortgage lost money in 2023 but grew its market share through a focus on purchase mortgage originations, it reported in an earnings call on Tuesday. Growth strategy Guild announced the acquisition of Academy Mortgage Corp. million in 2023, compared to net income of $328.6 billion as of Sept.

Marketing 410

Marketing Mortgages Loans Finance 410

Housing Wire

MARCH 7, 2024

Connecticut-headquartered mortgage servicer and lender Planet Home Lending has hired Doug Long as senior vice president and divisional sales manager. Long was most recently the executive regional manager for Union Home Mortgage before joining Planet. decline from 2022, according to Inside Mortgage Finance.

Lending 409

Lending Loans Renovation Mortgages 409

Housing Wire

OCTOBER 11, 2023

Name Job Title Company Name Aaron VanTrojen CEO Geneva Financial Home Loans Abbie Tidmore Senior Managing Director and Chief Revenue Officer Pennymac Adam Kessler CEO Academy Mortgage Baron Silverstein President Newrez Ben Madick Co-Founder and CEO Matic Insurance Bernadette Kogler Co-Founder and CEO RiskSpan Bill Rogers Founder and CEO Homeowners (..)

Lending 462

Lending Technology Mortgages MLS 462

Housing Wire

APRIL 25, 2024

Department of Housing and Urban Development (HUD)’s Home Equity Conversion Mortgage (HECM) counseling program was cited as an example. This program provides counseling to all applicants of the federally insured reverse mortgage program, the Home Equity Conversion Mortgage program,” the report stated.

Mortgages 296

Mortgages Equity Development Design 296

Housing Wire

NOVEMBER 9, 2023

For this reason, many programs now allow funds to be used for buydowns and other popular financing strategies that take the edge off of monthly mortgage payments,” Rob Chrane, founder and CEO of DPR, said in a statement. Buydowns have become a preferred financing strategy for borrowers as mortgage rates have surged.

FHA loan 453

FHA loan VA loan Finance Loans 453

Housing Wire

FEBRUARY 29, 2024

Mortgage rates continued to trend up this week and dampen homebuyer momentum. The 30-year fixed-rate mortgage averaged 6.94% as of Feb. 29, an increase from last week ’s figure of 6.90%, according to Freddie Mac ’s Primary Mortgage Market Survey released on Thursday.

Mortgages 466

Mortgages Fixed-rate mortgage New Construction Construction 466

Housing Wire

DECEMBER 7, 2023

Tuesday Making Sense of Wild Housing Data for 2023 Speaker: Logan Mohtashami, Lead Analyst, HousingWire Watch Now Sponsored by: Busting the Top Myth in Mortgage Through Ai Speakers: Pavan Agarwal, CEO, Sun West Mortgage Company Diego Sanchez, COO, HousingWire Watch Now Fireside chat: Guaranteed Rate Affinity and Coldwell Banker Bain Speakers: Karen (..)

Principal 398

Principal Title Lending Branding 398

Housing Wire

DECEMBER 12, 2023

PrimeLending , a Texas-based retail mortgage bank, added 12 new loan originators as it attempts to grow market share within its existing Texas footprint. million) with a production volume of more than $20 million year-to-date, according to mortgage tech platform Modex. billion, data from Inside Mortgage Finance showed.

Loan Officer 417

Loan Officer Loans Lending Mortgages 417

Housing Wire

JANUARY 25, 2024

Jonathon Haddad, president of Next Door Lending , will replace Katie Sweeney as the chairman and CEO of the Association of Independent Mortgage Experts (AIME). Before that, Haddad spent about six years at Quicken Loans , starting as a senior mortgage banker in 2013 and ascending to regional vice president.

Lending 409

Lending Loan Officer Loans Mortgages 409

Housing Wire

APRIL 22, 2024

Earlier this month, California-based multichannel mortgage lender CMG Financial announced that it had acquired Norcom Mortgage ’s retail assets to expand its operations in the Northeast. Duffy said this also helps demonstrate the need for the reverse mortgage product. And I was offered a wonderful opportunity at CMG. “And

Lending 397

Lending Mortgages Loans Land 397

Housing Wire

APRIL 16, 2024

The innovative HEI offering, the world-class technology , and a channel-led strategy were a perfect fit for Legacy.” This market “is expected to grow as HEI companies seek to partner with mortgage lenders and real estate brokerages,” the reporting stated. We fell in love with Rook Capital immediately,“ he said in a statement.

Equity 419

Equity Investor Technology Industrial 419

Housing Wire

MARCH 28, 2024

Mata was recognized as one of the top 250 Latino mortgage originators in 2024, according to the National Association of Hispanic Real Estate Professionals (NAHREP). “I The lender now provides the entire mortgage process — including application, document processing and touch points throughout the loan funding cycle — in Spanish. “Our

Loans 354

Loans Lending Mortgages Industrial 354

Housing Wire

FEBRUARY 22, 2024

Tiffany Fletcher, senior vice president of operations support and operational risk for VRM Mortgage Services , offers strategies for doing just that, showing how VRM is growing and changing during these unique times. Tiffany Fletcher, VRM Mortgage Services HW: What does the current market and demand for REO assets look like?

Due diligence 392

Due diligence Marketing Mortgages New Construction 392

Housing Wire

MARCH 6, 2024

John’s new tasks will include consumer direct marketing and the crafting of strategies for new products. Before joining Newrez, John worked as the director of marketing at Freedom Mortgage. Guaranteed Rate hired Bijoy John, former head of marketing at Newrez , as its vice president of marketing.

Marketing 408

Marketing Loan Officer Lending Loans 408

Housing Wire

NOVEMBER 9, 2023

New York-based digital lender Better Home & Finance Holding Company has partnered with information technology consulting company Infosys on a mortgage-as-a-service platform. Better’s mortgage as a service currently consists roughly 20% of its revenue and the lender aims to grow this business line, Garg said.

Mortgages 389

Mortgages Finance Technology Loans 389

Housing Wire

NOVEMBER 8, 2023

California lender Guild M o rtgage reported an increased profit in the third quarter despite high mortgage rates and limited home sales inventory. We have remained consistent with our strategy of growing market share in the retail purchase mortgage market while retaining the servicing of those loans. Guild reported a $54.2

Principal 412

Principal Loans Mortgages Industrial 412

Housing Wire

APRIL 9, 2024

Rocket Mortgage ’s bet on artificial intelligence (AI) has resulted in a patented platform called Rocket Logic, which can automatically process nearly 90% of data points extracted from documents in a month and reduce by 25% the number of times a professional interacts with a mortgage loan year over year, the company claims.

Loans 436

Loans Technology Mortgages Finance 436

Housing Wire

JANUARY 4, 2024

Detroit-based Rocket Companies , parent of Rocket Mortgage , has named Jonathan Mildenhall to its newly created chief marketing officer position, responsible for the marketing and communications teams for all the company’s brands. Get Mortgage” campaign.

Branding 425

Branding Mortgages Marketing As-is 425

Housing Wire

AUGUST 28, 2023

Retail lender Guild Mortgage announced Monday the acquisition of First Centennial Mortgage, a privately-held Illinois-based lender with 15 branches predominantly in the Midwest and a presence in 17 states. Guild has been acquiring lenders to expand in local markets in a purchase mortgage-focused environment.

Mortgages 368

Mortgages Loan Officer Construction Loans 368

Housing Wire

JANUARY 30, 2024

A growing number of nonbank mortgage lenders have recently rolled out down payment assistance (DPA) programs to increase their origination share in a challenging mortgage environment. Most recently, loanDepot rolled out a new DPA program for Federal Housing Administration borrowers that enables them to put no money down upfront.

Closing costs 504

Closing costs Mortgages Investor Loans 504

Housing Wire

APRIL 4, 2024

While they have endured a rocky, rates-driven cycle, marketers in mortgage and real estate continue to play a pivotal role in lead generation, customer acquisition and retention differentiation that has helped to keep many organizations stay afloat. HousingWire: Milestones was recognized as a 2024 Tech100 Mortgage honoree.

Marketing 268

Marketing Industrial Mortgages Inspection 268

Housing Wire

FEBRUARY 27, 2024

California-based New American Funding (NAF), which recently acquired Draper and Kramer Mortgage Corp. Last year, she produced about $78 million in mortgages, consisting mainly of Federal Housing Administration (58.8% of the total) and purchase loans (93.5%), according to the mortgage tech platform Modex. Of the total, 53.6%

FHA loan 414

FHA loan Loan Officer Loans Mortgages 414

Housing Wire

JANUARY 5, 2024

Lower interest rates make mortgages more accessible, paving the way for more buyers into the market and potentially resulting in increased demand and higher prices. Rising interest rates, however, mean higher mortgage payments, and can dampen buyer enthusiasm or affordability , slow down sales or lead to dropping home prices.

Fixed-rate mortgage 437

Fixed-rate mortgage Agents Marketing Lending 437

Housing Wire

JANUARY 10, 2024

University Bank ’s reverse mortgage division has added four key hires across different disciplines as it prepares to grow further in the reverse mortgage space. Both Droge and Olmos come to University Bank from Open Mortgage , which shuttered its own top 10 reverse mortgage lending division late last year.

Banks 429

Banks Mortgages Lending Loan Officer 429

Housing Wire

JANUARY 25, 2024

Nonqualified mortgage (non-QM) wholesale lender A&D Mortgage has obtained licenses to originate loans in Arkansas and Mississippi, the company announced on Thursday. A&D Mortgage also hired three new account executives: Tommy Williams, Betsy Marvin and Lori Welton.

Mortgages 358

Mortgages Lending Banks Loans 358

Housing Wire

JANUARY 30, 2024

The survey found that millennial and Generation Z homeowners are up to six times more likely than boomers or Generation X to use mortgage assistance, first-time homebuyer programs or credit-building resources, among other tools. Homeownership preservation is another pillar of NeighborWorks’ strategy.

Development 453

Development Loans Mortgages Closing 453

Housing Wire

FEBRUARY 13, 2024

In his new role, Coles will lead the company’s sales strategy and operations. Matt’s deep experience and passion for helping customers grow aligns well with our efforts to help mortgage lenders support consumers as they pursue their dreams of homeownership,” Nate Clear, president of FirstFunding, said in a statement. “His

Sales 333

Sales Banks Investor Mortgages 333

Housing Wire

JUNE 8, 2023

At HousingWire Annual 2023, attendees will get the inside scoop on the strategies that operational leaders, like Sarah Gonzalez, rely on to grow their businesses in any market. Register Sarah Gonzalez is the president and chief operating officer of Panorama Mortgage Group. Be decisive and move quickly.”

Staging 357

Staging New Construction Lending Mortgages 357