Housing Wire

MAY 15, 2024

Government-sponsored enterprise (GSE) Freddie Mac has put its finger on the scale of an emerging loan market that has been the domain of the private-label securities market, which has nurtured its reemergence in recent years. billion have been securitized in the private-label market, “of which $4.5

Equity 322

Equity Marketing Loans Investor 322

Housing Wire

NOVEMBER 22, 2023

Seemingly forever, the average time between reaching a sales agreement and closing on that property has hovered around 45 days — a month and a half. When asked why it takes an average of six to seven weeks to get to closing, there are a lot of complex (and honest) answers. But there’s also room for improvement.

Closing 395

Closing Title Technology Property Management 395

Housing Wire

DECEMBER 20, 2021

The automated loan document preparation and eMortgage services provider claims the new platform delivers a clear-cut, highly accurate decision telling users exactly how far they can take their closing digitally based on the unique attributes of the loan transaction and the county-level eRecording acceptance.

Closing 397

Closing Loans Investor Title 397

Housing Wire

AUGUST 7, 2023

Since 2008, the number of private secondary mortgage providers has reduced dramatically, and those that remain in the market generally purchase jumbo loans from more affluent borrowers. Independent mortgage bankers use lines of credit to fund all of their loans and therefore must sell them promptly on the secondary mortgage market.

Closing 342

Closing Fixed-rate mortgage Debt-to-income ratio Lending 342

Housing Wire

DECEMBER 18, 2023

The Federal Communications Commission (FCC) last week released a new order amending its “express consent” rules for the Telephone Consumer Protection Act (TCPA), which closes the “lead generator loophole” used by mortgage professionals to connect with potential business leads. We now have a time clock of about six months.

Closing 382

Closing Mortgages Industrial Loan Officer 382

Housing Wire

MARCH 22, 2023

HousingWire recently spoke to Tom Kriby, vice president of client development and partnerships at Westwood Insurance Agency, about how working with an insurance agency can simplify the closing process for their customers, even in times of interest rate uncertainty. TK: When it comes to closings, it’s all about keeping it simple.

Debt-to-income ratio 353

Debt-to-income ratio Closing Loans Closing costs 353

Housing Wire

JUNE 1, 2022

This was up from $9,140 per loan in the third quarter as the market transitioned from a rate-term refinancing market to a purchase and cash-out refinancing market. One avenue to reduce cost and streamline the closing process is to offer digital closings. Consumers are worried too. About half of U.S.

Closing 366

Closing Title Loans Technology 366

Housing Wire

APRIL 18, 2023

According to Sawan Tivakaran, SVP, titlegenius Product Owner, “Homebuyers continue to cite the closing process as one of the most stressful events in their lives. Radian has developed titlegenius to help improve the closing process for homebuyers, sellers and lenders alike.

Closing 285

Closing Title Loan Officer Technology 285

Housing Wire

JANUARY 12, 2022

“Guaranteed Rate will continue to thrive and win market share by having a laser focus on leveraging our industry-leading purchase platform augmented by the best loan officers in the business,” Guaranteed Rate CEO Victor Ciardelli wrote in an email to brokers that HousingWire reviewed. The year prior, Stearns originated $20 billion in loans.

Closing 381

Closing Loan Officer Loans Lending 381

Housing Wire

SEPTEMBER 28, 2021

But as lenders scrambled to keep up with demand, closing errors naturally crept in. In the wake of this unparalleled volume, companies across the housing industry have been working to increase the efficiencies of the entire lending process – including getting closings correct the first time around. But Snapdocs isn’t stopping there.

Closing 348

Closing Lending Title Loans 348

Housing Wire

JANUARY 4, 2022

For well over a decade, the industry has made steady progress in digitizing mortgage closings. As a result, closings today fall on a spectrum of digitization, with benefits that increase with each component that is digitized and each document that is electronically signed (eSigned). eMortgage challenges.

Closing 431

Closing Industrial Investor Loans 431

Housing Wire

OCTOBER 10, 2023

A Comparative Market Analysis (CMA) is a detailed report that helps real estate agents evaluate and determine the market value of a property. A CMA report includes information on similar, comparable properties in the area, including recent sales, active listings and current market trends.

Marketing 375

Marketing Agents Closing Renovation 375

Housing Wire

MARCH 18, 2022

I closed 28 H4P transactions last year, over 1% of the national total. My market share in this area continues to grow steadily even though on a national level it is stagnant or even declining.”. My market share in this area continues to grow steadily even though on a national level it is stagnant or even declining.”.

Loans 443

Loans Closing Mortgages Equity 443

Housing Wire

JUNE 24, 2022

Texas lender Mid America Mortgage rebranded as Click n’ Close to expand into the mortgage technology industry following the sale of the majority of its retail lending operations. Click n’ Close will retain retail operations related to its reverse mortgage and lending business for Native Americans, the company said Monday.

Closing 295

Closing Mortgages Lending Technology 295

Housing Wire

FEBRUARY 9, 2024

In a video discussing its marketing strategy, also released this week, CoStar tells real estate agents that it plans to run the Homes.com ads on streaming platforms, broadcast TV and digital radio, as well as during major events. No other competitor comes close to our investment to drive leads to all agents,” the video states.

Commercial 399

Commercial Marketing Residential Branding 399

Housing Wire

JANUARY 23, 2024

The proposed transaction comes at a premium, marking a significant 30% increase over Tricon’s closing share price on the New York Stock Exchange as of Jan. The proposed transaction comes at a premium, marking a significant 30% increase over Tricon’s closing share price on the New York Stock Exchange as of Jan.

Residential 468

Residential Development Equity Land 468

Housing Wire

OCTOBER 5, 2023

As the housing market suffers through a drought of home sales and related mortgage originations in the current high-rate environment, home prices and home equity continue to climb, helping to spark a revival of another sector — home equity lending and investment. That offering, Unlock HEA Trust 2023-1, is slated to close this week.

Equity 374

Equity Purchase and sale agreement Marketing Lending 374

Housing Wire

JUNE 24, 2022

Each year, this award spotlights the individuals who have a huge impact behind-the-scenes within their organizations — through operations, product development, hiring, marketing campaigns, or improving efficiency. The post Nominations for HW Insiders Close Today! appeared first on HousingWire.

Closing 315

Closing Lending Equity Mortgages 315

Housing Wire

MAY 15, 2024

Government-sponsored enterprise (GSE) Freddie Mac has put its finger on the scale of an emerging loan market that has been the domain of the private-label securities market, which has nurtured its reemergence in recent years. billion have been securitized in the private-label market, “of which $4.5

Equity 383

Equity Loans Investor Mortgages 383

Housing Wire

MAY 31, 2023

California-based lender loanDepot has promoted Alec Hanson , the company’s senior vice president of production for the West division, to the role of chief marketing officer. Hanson will also be responsible for the company’s originator-led field-level marketing capabilities.

Marketing 321

Marketing Equity Branding Development 321

Housing Wire

JANUARY 29, 2024

Read on to learn more about what Doug Duncan – Fannie Mae’s senior vice president and chief economist — and Mark Palim – Fannie Mae’s vice president and deputy chief economist – had to say about the housing market, the Fed’s interest rate cut timeline and their views on overcapacity in the industry. They noted that their forecast for the U.S.

Marketing 448

Marketing Mortgages Investor Technology 448

Housing Wire

APRIL 26, 2024

FHA will move forward with its proposal that permits contributions by the property seller, real estate agent, builder, or developer to HECM for Purchase borrowers’ closing costs,” the update said. The original effective date as announced last fall remains in effect, which will be April 29, 2024.

Closing costs 411

Closing costs Development Equity Closing 411

Housing Wire

JUNE 16, 2021

The National Association of Realtors says the current state of the housing market is absolutely “dire,” the consequence of a housing shortage 30 years in the making. trillion gap in housing market investment from 2000 to 2020. According to the lobbying group, construction of long-term housing fell 5.5 in the last decade.

Marketing 535

Marketing Construction Development Residential 535

Housing Wire

FEBRUARY 19, 2021

Title insurance upstart States Title announced this week $150 million in debt financing from HSCM Bermuda , which will go towards developing a more modern home closing experience. The debt financing will go towards product development, investment in go-to-market growth, and the refinance of debt to Lennar Corp.,

Title 225

Title Closing Finance Technology 225

Housing Wire

FEBRUARY 2, 2023

The Federal Reserve Chairman Jerome Powell maintained a hawkish tone during his speech at a press conference on Wednesday afternoon — but it wasn’t hawkish enough to keep optimism from spreading across the markets as mortgage rates dropped closer to 6%. Is the market overreacting? In turn, mortgage rates started a free fall.

Fixed-rate mortgage 386

Fixed-rate mortgage Mortgages Marketing Loans 386

Housing Wire

APRIL 27, 2023

Executives at both Stewart Information Services and First American Financial bemoaned the challenging housing market environment as they discussed their respective firms’ first quarter 2023 earnings with investors Thursday morning. Given the success of our early testing, we expect to deploy it in two markets within the next year.”

Title 313

Title Marketing Commercial Investor 313

Housing Wire

SEPTEMBER 15, 2020

The virtual notary services industry has become increasingly popular amid the COVID-19 pandemic as businesses have adopted remote signatures to adhere to social distancing protocols while closing on mortgages and other loans. Electronic closings supported by remote online notarization (RON) offer advantages to notaries, borrowers and lenders.

Closing 447

Closing Loans Banks Investor 447

Housing Wire

MAY 19, 2022

HousingWire recently spoke with Jon Irvine, Chief Production Officer at Change Lending, about how brokers can gain a new competitive advantage in the current tight market. As a result, brokers will be forced to look to the purchase market to fill their volume needs. ” How do we help brokers close more loans?

Marketing 390

Marketing Lending Loans Closing 390

Housing Wire

SEPTEMBER 30, 2021

Our hands-on approach to implementation, from developing the project roadmap to synchronized testing of each facet of the eClosing process, helps us ensure success for our clients,” DocMagic President and CEO Dominic Iannitti said. That said, the eMortgage process is complex, involving a significant number of moving parts.

Closing 274

Closing Technology Lending Loans 274

Housing Wire

DECEMBER 2, 2022

The honey badger labor market is still going strong as we got another solid jobs report Friday, which pushed bond yields higher at first. This will be important to think about going into 2023, especially if the labor market does what the Federal Reserve wants it to do, which is slow down enough to create a job loss recession.

Marketing 469

Marketing Mortgages As-is Staging 469

Housing Wire

AUGUST 31, 2023

It’s part of a bigger effort to implement international standards by raising capital requirements, which could shield banks from a host of risks, including fraud and market volatility. Department of Housing and Urban Development (HUD), the Federal Housing Administration (FHA) and the Federal Housing Finance Agency (FHFA).

Mortgages 268

Mortgages Closing Banks Lending 268

Housing Wire

JANUARY 18, 2024

The firm is primarily focused on creating an application programming interface (API) marketplace where Dark Matter Technologies can collaborate with developers on automation and cutting expenses for third-party vendors and lenders. Read on to learn more about how Dark Matter Technologies’ plans increase market share and utilize AI in its LOS.

Technology 332

Technology Marketing Loans Development 332

Housing Wire

NOVEMBER 9, 2020

One area in the mortgage and real estate industry that has been evolving for nearly two decades is digital closings. Much like efforts to achieve full self-driving vehicles, the road to achieve full digital closings has been bumpy. Prior to the pandemic, ALTA and MBA saw a need to develop model RON legislation.

Closing 431

Closing Title Technology Land 431

Housing Wire

MARCH 11, 2024

Lorraine is a powerhouse in the Manhattan luxury scene, boasting almost two decades of expertise and Kathy is synonymous with excellence and her extensive knowledge of Manhattan luxury and new developments across the city makes her an unstoppable force,” Kevelyn Guzman, regional vice president of Coldwell Banker Warburg, said in a statement.

Development 356

Development Brokerage Banks Agents 356

Housing Wire

MARCH 19, 2024

Others of you will say that is a great retention opportunity for my loan officers and the market will figure all this out,” Broeksmit added. Broeksmit also reacted to the decision by the Consumer Financial Protection Bureau (CFPB) to closely scrutinize what it described as “ junk fees ” imposed on borrowers when closing a mortgage.

Loan Officer 480

Loan Officer Closing costs Loans Agents 480

Housing Wire

OCTOBER 27, 2023

Since 2015, ALTA has provided education through Home Closing 101, a consumer-focused website that provides information about the closing process, how they can protect their property rights, how to file a claim, and how to find a title company. Closing on a loan can vary from state to state, and even within the same county or city.

Title 489

Title Title search Land Closing 489

Housing Wire

AUGUST 14, 2023

Local housing markets is a HousingWire magazine feature spotlighting housing trends and data across the country. I absolutely love the Columbia Basin and the reason is that we are a unique market. “I I absolutely love the Columbia Basin and the reason is that we are a unique market. A score of 30 denotes a balanced market.

Marketing 288

Marketing New Construction Inspection Agents 288