Housing Wire

MARCH 10, 2025

The transaction will merge Redfins home search platform , which is comprised of 50 million monthly visitors, 1 million active purchase and rental listings and its network of over 2,200 agents, with Rockets mortgage services, with the goal of delivering “a more seamless experience from search to close, to servicing and future transactions.”

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Purchase and sale agreement Pre-approval Brokerage Equity 477

Housing Wire

JANUARY 5, 2021

In a statement confirming the deal Tuesday afternoon, Guaranteed Rate said the acquisition of Stearns would enable a boost in retail loan originations and further scale its JV platform, while also developing “new multichannel capabilities.” The post Guaranteed Rate to acquire Stearns Lending appeared first on HousingWire.

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Lending Bankruptcy Loans Mortgages 538

Housing Wire

OCTOBER 15, 2024

From there, Collins dives deeper into Tomo’s past and mentions its focus on purchase loans versus refinances and other product types. Collins points out that purchase lending is generally more stable than refinances. Agents prioritize accountability and quality, and Tomo helps them provide that for buyer clients.

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Loans Marketing Technology Mortgages 251

Housing Wire

DECEMBER 17, 2024

The company said that Stebbins has been instrumental in connecting reverse loan originators with key industry partners, including real estate agents, financial planners and builders. Josh Kilty (left), senior vice president of reverse lending at Fairway, presents a lifetime achievement award to Pistol Pete Stebbins.

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Lending Title Mortgages Banks 392

Housing Wire

JUNE 20, 2024

Michael Saleh, a former senior vice president of Rocket Mortgage who spent about two decades at the company, has transitioned from the retail lending channel to wholesale by launching independent brokerage firm Zoom Home Lending. Each LO is closing 12 loans per month with an eventual goal of 15 to 20.

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Lending Brokerage Loan Officer Loans 451

Housing Wire

DECEMBER 4, 2023

Digital mortgage automation solution provider Floify launched a lending platform for mortgage brokers built on the foundation of the Floify point-of-sale (POS) platform. is a software development company that offers a digital loan origination and POS system for the mortgage industry. in an $87 million deal in 2021.

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Lending Mortgages Loans Technology 461

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. The way we as mortgage lending originators conduct our business has quickly taken on a new form during these times of uncertainty.

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Lending Mortgages Pre-approval Loans 469

Housing Wire

AUGUST 17, 2022

Mortgage lender Angel Oak Home Loans has implemented SimpleNexus ‘ all-in-one mortgage app to streamline its loan origination process. With Nexus Origination, what SimpleNexus calls its flagship point of sale system, borrowers can apply for a loan, upload documents, view loan status, pay and sign disclosures on the app.

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Lending Loans Loan Officer Technology 370

Housing Wire

SEPTEMBER 14, 2020

In fact, the changes we’ve seen since the advent of the global pandemic are significant enough to serve as a catalyst that will drive all lending digital. The trends and lending requirements I’ve highlighted below became important long before the coronavirus made it to the U.S. Peering into the future of lending.

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Lending Mortgages Technology Loans 483

Housing Wire

JANUARY 8, 2025

However, for many lenders and title agents, the path to compliance can be a bit too much to handle while running a business and dodging compliance risks. GridBase is a proven leader in title and lending technology, offering a seamless, coding-free solution that simplifies migration while enhancing operational workflows.

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Technology Title Lending Development 369

Housing Wire

MAY 17, 2024

Chase Home Lending , the consumer and commercial banking arm of JPMorgan Chase & Co. , In just the past year, the Department of Justice has called for a full dislocation of real estate agent commissions between sellers and buyers, and new appraisal bias protections have been set up.

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Housing Wire

APRIL 22, 2025

Here are three strategic areas that deserve renewed focus: Refocus on purchase lending With refinance volume shrinking, lenders must realign operations around purchase demand. This means empowering loan officers with the tools and training they need to serve todays buyersfast preapprovals, clear communication and seamless closings.

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Loan Officer Finance Loans Mortgages 372

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 startup says it has also partnered with top local real estate agents who know their way around the markets they serve.

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Lending Pre-approval Mortgages Closing 469

Housing Wire

NOVEMBER 1, 2021

If you make your living by originating new mortgage loans, I don’t have to tell you that the business is changing. You probably already know that the MBA’s latest mortgage forecast puts the purchase money at 75% of all loan volume. That means you’ve been thinking about real estate agents…a lot. Stevens, President at SRE.

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Lending Purchase and sale agreement Agents Loan Officer 440

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 Nations Lending originated $3.43

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Lending Mortgages Loan Officer Loans 370

Housing Wire

JULY 11, 2024

Additionally, Opteon engages trained third-party data collectors, comprised of appraisers, agents, and home inspectors, who adhere to stringent requirements, ensuring the accuracy and reliability of the collected data. This reliability reduces the risk of discrepancies that could affect loan approvals and valuations.

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Lending Technology Industrial Loans 460

Housing Wire

APRIL 4, 2025

The Platinum Peak product suite aims to offer higher available loan-to-value (LTV) ratios, which are designed to translate into higher loan proceeds for borrowers, according to the announcement. The revised LTVs could allow previously ineligible borrowers to have a renewed conversation about securing a loan, the company explained.

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Mortgages Principal Loans Equity 334

Housing Wire

DECEMBER 27, 2024

Peter Sciandra, who serves as EVP of reverse lending secondary marketing at Fairway Independent Mortgage Corp. We’ll have those loans that come in where we have to look at every opportunity that we can to save that deal and help that client. Were seeing market headwinds, and not really seeing a lot of release in the rates.

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Industrial Mortgages Principal Lending 392

Housing Wire

FEBRUARY 16, 2022

HousingWire recently sat down with Steve Meirink, executive vice president and general manager, Compliance Solutions, Wolters Kluwer’s Governance, Risk and Compliance Division, to discuss the impact of digital technology on mortgage and the future of digital lending in an era of accelerated innovation and digital transformation.

Lending 392

Lending Loans Technology Loan Officer 392

Housing Wire

AUGUST 4, 2022

Tech-focused real estate brokerage Radius , flush with $14 million in venture capital raised this past April, has launched a mortgage lending arm in California that it plans to roll out to additional markets sometime next year.

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Lending Brokerage Mortgages Banks 411

Housing Wire

DECEMBER 21, 2023

Unfortunately, too many misconceptions persist among real estate and even mortgage industry professionals about the VA home loan, and those misconceptions have big (and negative) impacts. Earlier in my life, I was directed away from using a VA loan when I purchased my first home. A VA loan is a mortgage partially backed by the U.S.

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Loans VA loan Mortgages Lending 461

Housing Wire

NOVEMBER 7, 2023

loanDepot has appointed David Smith to the newly-created position of vice president of national VA lending, the company announced on Monday. In this role, Smith, a former Army sergeant, will oversee the lender’s VA lending strategy. Smith’s promotion follows the departure of Patton Gade , the nation’s top VA loan originator in 2022.

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Lending VA loan Loans Mortgages 419

Housing Wire

DECEMBER 14, 2023

Mortgage industry trade group Community Home Lenders of America (CHLA) is urging government agencies to begin to have conversations surrounding the impact of the jury verdict and potential court ruling in the Sitzer/Burnett commission lawsuit on lending practices.

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Lending Mortgages VA loan Finance 440

Housing Wire

MARCH 3, 2025

The prudent selection of the escrow agent, assessment of the escrow fees and interest paid, identification of the escrow buckets and related escrow amounts, and detailed drafting of the mechanics and timing for release or payments from the escrow buckets, will help avoid or resolve liability disputes.

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Purchase and sale agreement Closing Industrial Mortgages 409

Housing Wire

MARCH 21, 2025

Rocket obviously has the moat in mortgage and Zillow has the moat in search and agent referrals, so it is not surprising to see Rocket make a move to expand its presence on the other end of the spectrum in home search and with that agent network. John Campbell, an analyst at Stephens , shares a similar view.

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Loan Officer Loans Mortgages Title 287

Housing Wire

DECEMBER 11, 2023

Not surprisingly, affordability is inextricably linked to fair housing , as fair housing (and lending) for all is foundational to affordability for all. Or, if he had not even been able to purchase that particular home because he was steered elsewhere or was unfairly denied the loan he needed? Back to Bob’s American dream.

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Lending Agents Banks Loans 469

Housing Wire

MAY 11, 2022

In this hot housing market, Michigan-based wholesale lender Homepoint understands the key to originating more home loans is ensuring more sellers accept offers made by its buyers. The firm expects homebuyers to close a cash home purchase loan as fast as 10 business days without an appraisal or financing contingency.

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Lending Loans Finance Investor 392

Housing Wire

SEPTEMBER 27, 2022

million to acquire the tech-enabled home loan platform, which does business in 20 U.S. According to data by mortgage technology platform Modex , LemonBrew loan officers produced $347 million over the last 12 months. The vast majority of loans – more than 80% – are originated by Rocket Mortgage , the data shows.

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Lending Brokerage Loan Officer Technology 370

Housing Wire

NOVEMBER 7, 2024

Not long ago, homeowners insurance was a minor concern for most homebuyers, real estate agents and mortgage originators. For homeowners with conventional loans backed by Fannie Mae and Freddie Mac , insurance at replacement cost is mandatory, but flood insurance is only required in designated flood zones. Insurance Services , in March.

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Design Mortgages Lending As-is 477

Housing Wire

DECEMBER 16, 2021

It is an eventful week within the Slack channels of Knock , and an anxiety-filled one for the company’s about 50 loan officers. Knock loan officers draw a median salary of about $75,000 a year, according to these company sources. Glenn sent an email to loan officers stating that their base salaries would, in fact, not be reduced.

Loan Officer 411

Loan Officer Loans Lending Mortgages 411

Housing Wire

FEBRUARY 1, 2023

Michigan-based lender United Wholesale Mortgage (UWM) has introduced a construction-to-permanent loan that covers the cost of building a home and then converts to a permanent mortgage once construction is complete. The loan will cover an 11-month maximum build period with a one-month modification. “The UWM, which originated $33.5

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Housing Wire

JUNE 12, 2024

An analysis released Wednesday by Columbia, Missouri -based lender Veterans United Home Loans revealed that the home loan program through the U.S. The VA loan program — which was established in 1944 through the GI Bill — will celebrate its 80th anniversary on June 22. Department of Veterans Affairs (VA) has contributed $3.9

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VA loan Loans As-is Mortgages 459

Housing Wire

MAY 16, 2022

Borrowers need it more than ever to qualify for a home loan. Fees for second homes and high balance loans have increased adding to the problem of affordability for borrowers. These issues, and others, have made non-QM a go-to solution for originators to close loans for their clients. There isn’t time for another delay.

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Lending Loans Investor Banks 370

Housing Wire

JUNE 28, 2023

United Wholesale Mortgage (UWM) announced this week that it has added four bank statement loan offerings for self-employed borrowers. To qualify for loans of up to $3 million with up to 90% loan-to-value (LTV), self-employed borrowers can now provide bank statements to verify income rather than tax returns, W2s or pay stubs.

Banks 370

Banks Loans Lending Mortgages 370

Housing Wire

JUNE 30, 2021

The ideal real estate agent-lender relationship is symbiotic: the agent earns trust with their borrowers by connecting them with a great lending resource, while the lender receives a steady stream of business from the agent. Still, lenders are wise to cultivate rapport with real estate agents. Simple, right?

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Agents Lending Loans Closing 427

Housing Wire

JANUARY 23, 2024

Blue Sage: Digital Lending Platform Our Digital Lending Platform is a multi-channel, end-to-end digital mortgage solution that provides a superior experience for lenders and customers. Product Fast Facts #1 Robust flagship LOS and mobile apps for borrowers, loan officers, correspondents, and brokers.

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Lending Loan Officer Loans Mortgages 328

Housing Wire

NOVEMBER 7, 2023

FHA loans are a popular option for first-time homebuyers or those who don’t have a lot of cash saved for a down payment, because the loans require a minimum of 3.5% VA loans offer a 100% financing option for qualifying military service members and veterans, and don’t require mortgage insurance. “It points from the 7.5%

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VA loan Agents Seller concession FHA loan 477