Housing Wire

JUNE 6, 2025

To qualify, a forward or reverse mortgage borrower must own only one property; the damaged property must have served as the beneficiary’s primary residence for at least one month prior to the disaster; and the combined income of all occupants must not exceed designated income limits for the county in which the property is located.

Mortgages 258

Mortgages Finance Principal Loans 258

Housing Wire

JANUARY 14, 2025

If you live in one those states, leveling up your career might mean studying to become a Managing Broker or Principal Broker. Despite the learning curve, becoming a broker has been one of the most fulfilling decisions of my career. Before you take the leap, Ill share with you what I wish my young self knew when I launched my own brokerage.

Brokerage 368

Brokerage Branding Agents Industrial 368

Housing Wire

JULY 22, 2024

This particular funding opportunity is designed to impact communities with demographic and size variations by setting aside $65 million for CoCs that are “located in states with populations of fewer than 2.5 It is designed to address both the immediate impacts of homelessness as well as risk factors that contribute to it, HUD explained.

Construction 439

Construction Renovation Principal Development 439

Housing Wire

FEBRUARY 21, 2024

The new option Partial claims are interest-free loans from HUD that borrowers use to make their payments current, with the remainder of the late payments added to the principal and extended for 30 years. Since March 2020, lenders and servicers have provided borrowers with nearly 1.9 million COVID-19 loss-mitigation actions.

Principal 431

Principal Loans Mortgages Renovation 431

Housing Wire

SEPTEMBER 10, 2022

This agency’s most recent credit risk transfer (CRT) offering, STACR 2022-DNA6, involves a $1.165 billion note backed by a reference loan pool of 112,865 residential mortgages with an outstanding principal balance of $35.6 billion so far in 2022. billion, according to a presale report by Kroll Bond Rating Agency (KBRA).

Principal 421

Principal Loans Investor Residential 421

Housing Wire

APRIL 24, 2025

The HECM Tool a software platform designed to serve as a reverse mortgage sales conversion tool announced this week that it has integrated the proprietary reverse mortgage offering from Smartfi Home Loans into the platforms existing visualization and comparison capabilities.

Mortgages 239

Mortgages Loan Officer Loans Principal 239

Housing Wire

JUNE 26, 2024

The first is for up to $200 million in aggregate principal of senior secured first-lien notes due in 2026, while the second is for up to $150 million in aggregate principal of exchangeable senior first-lien notes due in 2029. FOA added that more than 90% of the parties to the 2025 unsecured debt agreement agreed with the restructuring.

Finance 391

Finance Principal Commercial Equity 391

Housing Wire

JULY 31, 2024

The partners will conduct the “design, engineering, materials research, development, planning, and analysis” that is required for 3D printing of “high-quality, affordable, energy-efficient, and sustainable housing for communities in sub-arctic regions of Alaska,” HUD explained. and Fairbanks Materials Inc.

Construction 431

Construction Technology Principal Development 431

Housing Wire

FEBRUARY 13, 2024

One measure is targeted specifically for the island of Maui — which endured a devastating wildfire last year that destroyed the town of Lahaina — while the other is designed to expand rental assistance for Native Hawaiians residing on the islands. HUD awarded $6.9 HUD awarded $6.9

Principal 427

Principal Development Land Design 427

Housing Wire

MAY 19, 2025

To further complicate things, these loans are sold to the GSEs and GNMA with various types of remittances which dictate how cash flows are treated for scheduled or actual principal and interest handling. The mortgage servicing industry faces significant challenges in managing cash flows efficiently. That is a significant mismatch.

Mortgages 215

Mortgages Investor Loans Banks 215

Housing Wire

JULY 19, 2024

The new term sheet details several differences from the current HMBS program, including a reduction in the HMBS pool size to 95% of the loan’s total unpaid principal balance (UPB). To get a better idea of the potential impact that HMBS 2.0 Wong is also a member of the company’s investment committee.

Development 430

Development Industrial Mortgages Fixed-rate mortgage 430

Housing Wire

AUGUST 21, 2023

In the same filing, RE/MAX announced that it had let go of Adam Grosshans, the firm’s principal accounting officer, as part of the reorganization. She was also appointed as RE/MAX’s new principal accounting officer. Denver -based real estate giant RE/MAX announced that it was laying off 7% of its staff on Friday.

Principal 370

Principal Technology Agents Design 370

Housing Wire

SEPTEMBER 22, 2022

The new credit risk transfer (CRT) offering, STACR 2022-DNA7, outlined in a presale report by Kroll Bond Rating Agency , involves a $616 million note offering backed by a reference loan pool of 69,144 residential mortgages with an outstanding principal balance of $19.9 billion so far in 2022. aged between six and 12 months.

Principal 370

Principal Loans Investor Residential 370

Housing Wire

APRIL 22, 2025

The critics Compass is the most vocal critic of the CCP and it has been loudly advocating for its three-phase marketing plan, which it claims is designed to maximize demand and fine-tune [the sellers] positioning for the best possible sale outcome. What is CCP? It is up to each individual MLS to decide how long a listing may be delayed for.

MLS 244

MLS Brokerage Days on market Industrial 244

Housing Wire

NOVEMBER 19, 2020

Originally introduced in April, the MISMO RON compliance certification was designed to assure RON tech providers meet a universal set of standards including credential analysis, borrower identification, capturing and maintaining a recording of the notary process electronically, audio and video requirements, record storage and audit trails.

Technology 441

Technology Principal Development Industrial 441

Housing Wire

JULY 31, 2024

The new term sheet detailed several differences from the existing HMBS program, including a reduction in the HMBS pool size to 95% of the loan’s total unpaid principal balance (UPB). Still a developed private-label structure has managed to withstand a lot of market distress, he said. “So, I think that is something that’s observable.”

Development 417

Development Principal Industrial Mortgages 417

Housing Wire

MAY 28, 2021

For example, for principal residences, the Bureau would require a temporary COVID-19 emergency pre-foreclosure review period until the end of December 2021. As borrowers impacted by COVID-19 continue to exit mortgage forbearance, now is the time for lenders and servicers to be proactive in their borrower outreach to reduce foreclosure volume.

Principal 432

Principal Loans Mortgages Investor 432

Housing Wire

MARCH 29, 2024

The first is for the HECM anti-churning disclosure, which is designed to protect borrowers from unnecessary loan refinancing. The first is for the HECM anti-churning disclosure, which is designed to protect borrowers from unnecessary loan refinancing. Two key documents are at the center of the proposed changes. Why are we on a 1009?

Mortgages 419

Mortgages VA loan Principal Loans 419

Housing Wire

JANUARY 24, 2025

Fitch noted that mortgage insurance does not cover claims principally caused by physical damage, including wildfires, floods or other natural disasters, but is designed to protect against borrower credit default. Master policies describe instances in which damage to a home would not be covered by a mortgage insurance claim.

Mortgages 368

Mortgages Principal Loans Equity 368

Housing Wire

DECEMBER 13, 2023

The Mortgage Bankers Association (MBA) and the National Mortgage Servicing Association (NMSA) are expressing their views on a recently revised Federal Housing Administration (FHA) loss mitigation proposal, stating that it needs additional adjustments to effectively address the challenges it is designed to tackle.

Principal 324

Principal Mortgages Design Industrial 324

Housing Wire

AUGUST 12, 2024

California -based HighTechLending , a top-10 lender in the reverse mortgage industry, recently announced that it was rebranding its wholesale channel to American Senior Lending Wholesale Division in an effort to better align its identity with key business lines designed to serve older borrowers.

Lending 431

Lending Loan Officer Branding Principal 431

Housing Wire

JANUARY 5, 2022

The loan modification options allowed eligible borrowers to reduce their principal and interest payments by 25%. But the program can only be effective if lenders implement it, the letter notes, highlighting a challenge of designing government relief programs that rely on the private sector to carry them out.

Mortgages 473

Mortgages Loans Principal Development 473

Housing Wire

AUGUST 31, 2022

The agencies pay monthly premiums in exchange for insurance coverage on a portion of the designated reference loan pools. billion of outstanding notes (based on original principal balance) being tendered and accepted. billion of outstanding notes (based on original principal balance) being tendered and accepted. to $1,017.81

Principal 370

Principal Investor Loans Mortgages 370

Housing Wire

MARCH 15, 2024

So why aren’t more commercial real estate (CRE) entities – investors , principals, banks, law firms or developers – seeking the same? A significant opportunity To be sure, there are title agencies eager to partner with CRE principals and funds. Market conditions have certainly trended downward for residential or commercial real estate.

Commercial 421

Commercial Brokerage Due diligence Title 421

Housing Wire

SEPTEMBER 17, 2024

David Berenbaum, HUD’s principal deputy assistant secretary of housing counseling, lauded the partnership for its potential to meet HUD’s counseling goals. “We The federal government is launching a campaign on Zillow to help provide housing counseling services to more Americans. The Department of U.S.

Pre-approval 421

Pre-approval Principal Design Development 421

Housing Wire

MAY 7, 2024

Those who might benefit most are homeowners who want to access capital without affecting their budget or savings, because borrowers have no required principal or interest payments for as long as they are living in the property,” the article said. “A A reverse mortgage could also benefit those who might outlive their retirement savings.”

Mortgages 441

Mortgages Principal Equity Loans 441

Redfin

MAY 22, 2025

Animal prints have been a major staple in everything from fashion to interior design for decades. Animalcore design takes your interior style to the next level by featuring the animals themselves in all their glory. Photo courtesy of BaBoo What is animalcore design? Their shapes, textures, colors, and movements are pure poetry.

Design 55

Design Principal As-is Closing 55

Housing Wire

MAY 6, 2024

MBA and NRMLA each state that they are generally supportive of the proposed changes, which include wholesale revisions to the lender table for the best estimate of the total cost of a refinancing to the borrower, as well as increases to the borrower’s principal limit. Following an announcement that the U.S.

VA loan 421

VA loan Principal Residential New Construction 421

Housing Wire

JULY 10, 2024

The first is for up to $200 million in aggregate principal of senior secured first-lien notes due in 2026 (with an option to extend it to 2027 if the company elects to do so), while the second is for up to $150 million in aggregate principal of exchangeable senior first-lien notes due in 2029.

Principal 419

Principal Finance Mortgages Equity 419

Housing Wire

AUGUST 25, 2022

According to Qualia, platform users can use these capabilities to design custom client experiences, track performance, productivity and revenue, and pipeline across clients and settlement agency branches. Our mission at Qualia is to create a simple and secure journey to home ownership,” Nate Baker, the CEO of Qualia, said in a statement. “As

Title 384

Title Principal Commercial Technology 384

Housing Wire

JULY 22, 2022

The agency pays monthly premiums in exchange for insurance coverage on a portion of the designated reference loan pools. CIRT 2022-7 involves a covered loan pool composed of 64,000 single-family mortgages with a total unpaid principal balance of about $19.8 Presented by: Maxwell. billion loan pool. billion loan pool. billion loan pool.

Fixed-rate mortgage 370

Fixed-rate mortgage Principal Loans Mortgages 370

Housing Wire

JANUARY 3, 2024

Department of Housing and Urban Development (HUD) program designed to allow for the construction of rental housing units is getting a new participant: the Cherokee Nation. The HUD program is a loan program that aids organizations in recruiting skilled workers for hard-to-fill or hard-to-recruit positions,” the announcement said.

Construction 421

Construction Principal Development Loans 421

Housing Wire

JUNE 16, 2022

REMICs are a type of multiclass-securities vehicle in which interest and principal payments from the underlying mortgage collateral are structured into several classes, with each class of securities having differing pass-through rates, average life, prepayment tendencies and final maturity dates. securities) issued by the other enterprise.”.

Finance 384

Finance Principal Design Mortgages 384

Housing Wire

APRIL 11, 2024

The move, which will effectively allow local and federal authorities to share control of the organization, is designed to “restore public confidence in and accountability over” IHA, according to HUD. ” HUD’s first action is to replace the IHA board with Kimberly Wize, who serves as HUD’s Indiana field office director.

Principal 421

Principal Development Design As-is 421

Housing Wire

NOVEMBER 3, 2023

The CDFI certification is a designation given by the Treasury Department CDFI Fund to specialized organizations that provide financial services to low-income communities and people who lack financing. Department of Treasury that would keep the firm certified as a Community Development Financial Institution (CDFI).

Lending 410

Lending Principal Finance Loans 410

Housing Wire

SEPTEMBER 14, 2023

That record provides pool-level aggregate information about the extent of loans and unpaid principal balance (UPB) dollars that are in low- and moderate-income areas, with a chart illustrating the percentage of loans, percentage of UPB of ESG-flagged pools and/or loans and totals of the total portfolio over the last 12 months.

Principal 408

Principal Investor Loans New Construction 408

Housing Wire

APRIL 15, 2024

down payment through a [FHA] loan (principal/interest only) in January 2021, the monthly payment on a median home would have been $1,363.00 down payment through a [FHA] loan (principal/interest only) in January 2021, the monthly payment on a median home would have been $1,363.00 Utilizing a 3.5% Utilizing a 3.5% A record 1.7

FHA loan 431

FHA loan Land Principal Development 431