Housing Wire

MARCH 29, 2024

Department of Housing and Urban Development (HUD)’s Office of Policy Development and Research is seeking public comment related to application and origination documents for the Federal Housing Administration (FHA)-backed Home Equity Conversion Mortgage (HECM) program, according to a notice published this week in the Federal Register.

Mortgages 343

Mortgages VA loan Principal Loans 343

Housing Wire

MARCH 27, 2024

VA borrowers will be the hardest hit if they have to shoulder buyer-side commissions, said Jon Overfelt, director of sales and principal at American Security Mortgage Corp. “VA The National Association of Realtors (NAR) urged the U.S. Concerns over the existing VA policies have been echoed among mortgage professionals.

VA loan 441

VA loan Loans Principal Mortgages 441

Housing Wire

APRIL 4, 2024

Department of Housing and Urban Development (HUD) on Thursday announced a new series of affordable housing grants totaling $13.5 Announced by Marion McFadden, HUD principal assistant secretary for community planning, at a Habitat for Humanity event in Nashville, the $13.5 million), while Washington, D.C.’s million). .’s

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Equity Principal Development Construction 284

Housing Wire

APRIL 11, 2024

Department of Housing and Urban Development (HUD) announced on Wednesday that it had entered into a cooperative endeavor agreement (CEA) to take control of the Indianapolis Housing Agency (IHA) alongside the City of Indianapolis. Throughout the city, more than 20,000 residents utilize housing under the purview of IHA.

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Principal Development Design As-is 371

Housing Wire

DECEMBER 8, 2023

Department of Housing and Urban Development (HUD) believes housing has a role to play in combating the opioid overdose epidemic. On Friday, HUD issued a joint letter co-written with the U.S. Housing can help fight the epidemic that killed an estimated 70,601 people in 2021, according to the National Institutes of Health (NIH), HUD said.

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Principal Development Design As-is 333

Housing Wire

MARCH 6, 2024

He will be responsible for developing a road map to expand Pennymac’s proprietary servicing platform, Servicing Systems Environment (SSE). It produced $99 billion in unpaid principal balance (UPB) in 2023. The changes come after the resolution of a long-standing arbitration process with Black Knight regarding its servicing platform.

Technology 373

Technology Principal Commercial Mortgages 373

Housing Wire

MARCH 25, 2024

So, it’s not just his ability to go out and develop relationships with brokers and create business, but just the impact of his energy on the team. So, it’s not just his ability to go out and develop relationships with brokers and create business, but just the impact of his energy on the team.

Mortgages 407

Mortgages Principal Industrial Sales 407

Housing Wire

APRIL 10, 2024

In January, the government-owned company announced its plans to develop a new reverse mortgage-backed security product in response to industry liquidity challenges. The Company has substantially completed its exit from all non-core businesses at the end of Q1’24.”

Investor 375

Investor Bankruptcy Finance Equity 375

Housing Wire

APRIL 19, 2022

The administration said that the new loss mitigation option could be an alternative for borrowers who cannot reduce their principal and interest payments by 25% through FHA’s existing 30-year mortgage modification with a partial claim. Comments from the mortgage industry are due by May 31.

Loans 488

Loans Principal Mortgages Real-estate owned 488

Housing Wire

JULY 26, 2023

Department of Housing and Urban Development (HUD) this week announced a new notice of funding opportunity (NOFO) to examine the intricacies of converting office space into residential living units. I have a name for the buildup of that stuff,” said Phil Wharton, a New York-based developer to the Times. “I I call it the kludge.”

Residential 344

Residential Principal Development Finance 344

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 400

Construction Principal Development Loans 400

Housing Wire

JANUARY 12, 2024

As a marketer by profession, I tend to put these companies into categories to create a narrative and to develop brand specificity. Principal among these are: Invested capital “requires” the highest return. The value of all residential real estate worldwide is approximately $200 trillion. Of this, the U.S. exceeds $1.5 Investors’ No.

Finance 354

Finance Principal Residential Development 354

Housing Wire

DECEMBER 14, 2022

Mortgage Industry Standards Maintenance Organization (MISMO), the organization tasked with developing standards for the mortgage finance industry, appointed vice president of operations Jan Davis as its acting president. Congressman Blaine Luetkemeyer, assistant secretary for policy development and research with the U.S.

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Principal Development Finance Industrial 330

Housing Wire

OCTOBER 11, 2023

The alarming data underscores why housing professionals need to understand the financial impact of climate change on the real estate industry, George Gallagher, senior leader and principal of ESG, climate risk, natural hazard and spatial solutions at CoreLogic told attendees during a session at HousingWire Annual on Wednesday.

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Principal Loans Investor Industrial 405

Housing Wire

SEPTEMBER 1, 2023

Through the development of improved and sophisticated systems, protocols and technology, these operations leaders are driving their companies to growth and success. In its 8th year, the HW Insiders program is spotlighting the talented operations professionals who are laying the foundation of success for their organizations.

Technology 419

Technology Development Title Lending 419

Housing Wire

MARCH 6, 2024

One potentially positive development is that New View had originally predicted that HMBS production would be lower than it actually is, due to larger factors that influence pool production. That was down 3.6% from the $445 million figure in January, according to Ginnie Mae data and private data compiled by New View Advisors.

Mortgages 349

Mortgages Seller concession Principal Loans 349

Housing Wire

SEPTEMBER 16, 2022

In addition, purchasers must offer delinquent borrowers a waterfall of loss mitigation options, including loan modifications, which may include principal forgiveness, prior to initiating foreclosure on any loan.”. LLC (PIMCO) for Pool 1, DLJ Mortgage Capital Inc. The transaction is slated to close by October 26. acting as advisor.

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Sales Principal Loans Banks 392

Housing Wire

JUNE 14, 2022

Fannie Mae has chosen the winning bidder for its inaugural nonperforming loan sale of 2022, a deal involving 3,223 loans with an unpaid principal balance of $477.2 The cover bids, which represent the second highest bid per pool, however, were 94.59% of the unpaid principal balance (UPB) for Pool 1 and 101.59% of UPB for Pool 2.

Loans 358

Loans Purchase and sale agreement Sales Principal 358

Housing Wire

APRIL 1, 2024

To start out, our comp plan was based on the production and the [unpaid principal balances (UPBs)]. Two years later, the division has proven to be a key player in the business at Longbridge. Two years later, the UPB has diminished right. It’s probably close to a third of what it was anticipated to be.”

Sales 335

Sales Loan Officer Principal Loans 335

Housing Wire

DECEMBER 14, 2023

Of the nine open board of director seats, four went to MLS or Realtor association representatives and five went to members representing technology companies, developers, partners or consultants. The Real Estate Standards Organization is welcoming many new and returning board of director members in 2024.

MLS 360

MLS Technology Principal Industrial 360

Housing Wire

NOVEMBER 3, 2023

Department of Treasury that would keep the firm certified as a Community Development Financial Institution (CDFI). Change accused Levine of committing fraud and breaching his contract with the firm to advance his scheme to extort Change and its principals for over $10 million.

Lending 360

Lending Principal Finance Loans 360

Housing Wire

JULY 12, 2023

BlackFin Group announced on Wednesday the appointment of Christopher Call as the principal consultant on the BlackFin Group Professional Services team. In this new role, Call will assume leadership of the expanding team. “I am eager to serve our clients by delivering on their critical business needs,” Call said. “We

Principal 291

Principal Technology Banks Mortgages 291

Housing Wire

NOVEMBER 16, 2023

Department of the Treasury have agreed to settle a lawsuit in which the lender claims “flawed analysis and mathematical errors” led to its decertification as a Community Development Financial Institution (CDFI). But at least 60% of a lender’s financing must target these borrowers.

Lending 333

Lending Principal Finance Loans 333

Housing Wire

FEBRUARY 16, 2023

In his new role, Seehausen will work with the leadership team at LauraMac, overseeing strategic planning and developing new and existing products. “I Prior to joining LauraMac, he served as a principal at LauraMac’s parent company Calterra Capital, where he continues to be an executive advisor to personal holdings.

Loans 297

Loans Principal Technology Development 297

Housing Wire

MARCH 23, 2023

Census Bureau and the Department of Housing and Urban Development ( HUD ). New home sales increased in February for the third straight month, in a sign that the market may be stabilizing,” Kelly Mangold, the principal of RCLCO Real Estate Consulting , said in a statement. “As year over year.

Sales 378

Sales Principal MLS Mortgages 378

Housing Wire

DECEMBER 21, 2021

HousingWire Editor-in-Chief Sarah Wheeler had the opportunity to catch up with Autumn Barkhuff, CoreLogic Principal of Program Management, to talk about potential housing market trends in 2022 and how real estate analytics can enable decision making. “So But it’s not just the data that sets CoreLogic apart in the industry, she explained.

Principal 330

Principal Development Industrial Marketing 330

Housing Wire

FEBRUARY 6, 2023

He became an interim principal financial officer in July 2022 following the death of Timothy Forrester. billion and injected $925 million into UWM to develop new technology and grow the broker channel. Hubacker joined the mortgage lender in October 2020 as chief accounting officer. Forrester served as UWM’s CFO for 10 years.

Principal 352

Principal Finance Mortgages Loans 352

Housing Wire

APRIL 21, 2022

Meanwhile, Ethan Elzen will be the executive vice president of business development and operational finance. . According to the latest quarterly earnings, the servicing company ended the fourth quarter of 2021 with $710 billion in unpaid principal balance, up from $668 billion in the third quarter.

Banks 372

Banks Principal Finance Equity 372

Housing Wire

AUGUST 10, 2023

Meanwhile, innovation-driven transparency is helping to make distressed property auctions more accessible for these owner-occupant buyers as well as for local community developer buyers who, it turns out, sell most of their renovated foreclosures to owner-occupants. Department of Housing and Urban Development (HUD) in August 2022.

Renovation 337

Renovation Development Rent back Principal 337

Housing Wire

SEPTEMBER 28, 2020

PROJETO specifically is for homes that have not been built yet, these are homes that are still in development and that is something that when we did all of our research and looked around, no one else is doing it the way we’re doing it in the country,” Principal Broker and CEO of Urban District Realty Ryan Fiero told HousingWire.

Brokerage 544

Brokerage Principal Development Technology 544

Housing Wire

AUGUST 25, 2022

As part of that, we continue to develop technology that helps businesses engineer full end-to-end purchase and refinance experiences. We think about Qualia as an extension of the Redfin ecosystem and that’s not possible without the Qualia API,” Mary Pappas, the principal product manager at Redfin, said in a statement.

Title 357

Title Principal Commercial Technology 357

Housing Wire

NOVEMBER 7, 2023

VA borrowers will be the hardest hit if they have to shoulder buyer-side commissions, said Jon Overfelt, director of sales and principal at American Security Mortgage Corp. The guilty verdict of the landmark Sitzer/Burnett commission lawsuit case sent shockwaves across the real estate industry. points from the 7.5% Grant said.

VA loan 442

VA loan Agents Seller concession FHA loan 442

Housing Wire

FEBRUARY 24, 2023

Among other initiatives, the FHA raised the maximum partial claim amount from 25% of the mortgage ‘s unpaid principal balance to the maximum 30% allowed by statute. The FHA is developing a solution where borrowers can put the partial claim resources into a reserve account and supplement mortgage payments over time.

Industrial 341

Industrial Principal Loans Mortgages 341

Housing Wire

DECEMBER 30, 2020

For 2021, I talked with Scott Petronis , principal of Xcentric Consulting and one of the architects of HousingWire’s HousingStack ecosystem, about three areas of fintech he’s keeping an eye on in the new year. . 2020 served as a real litmus test for mortgage technology and fintech. End-to-end tech vs disparate tech solutions.

Principal 403

Principal Technology Development Mortgages 403

Housing Wire

FEBRUARY 13, 2023

Last month, Deephaven tapped business development veteran Tyler Bohn as its managing director of national accounts. In May, Lisa Heitzmann joined the company as its chief operating officer and later went on to join LGH Consulting LLC as its principal. among others. million security backed by non-QM mortgages.

Mortgages 309

Mortgages Principal Banks Equity 309

Housing Wire

JANUARY 17, 2024

But unlike financing with a traditional mortgage, monthly principal and interest payments are not required on the loan, so long as the homeowner keeps up to date with real estate taxes, homeowners’ insurance and property maintenance. For real estate professionals, this option presents an opportunity to capture more sales.

Finance 426

Finance Seller concession Loan Officer Loans 426

Housing Wire

AUGUST 4, 2022

According to Fannie Mae’s guidance , “The lender must have a documented program that provides grants for low- to moderate-income borrowers, community development, equitable housing initiatives, or similar initiatives.” The loan must be secured by a principal residence. Fannie Mae did not respond to a request to comment.

Principal 488

Principal Loans Banks Closing costs 488