Housing Wire

FEBRUARY 24, 2025

Long-term care (LTC) will likely play a large part in the lives of Americans as the population continues to age, but financing it can be a financial challenge for people particularly on a fixed income. While many retirees often do not intend to tap their home equity to finance such moves, they may often end up doing so.

Equity 321

Equity Finance Construction Development 321

Housing Wire

JANUARY 30, 2025

Nominations for HousingWires 2025 Finance Leaders Award are open now through January 31, 2025. Nominations are still open for the 2025 Finance Leaders award. As we gear up for the 2025 Finance Leader awards, his forward-thinking perspective offers a glimpse into the evolving role of finance leaders in real estate.

Finance 346

Finance Technology Property Management Branding 346

Housing Wire

DECEMBER 11, 2024

The Federal Housing Finance Agency (FHFA) recently announced plans to raise 2025 conforming loan limits to $806,500 for one-unit properties 5.2% Mortgage applications increased 5.4% on a seasonally adjusted basis during the week ending Dec. This could represent a glimmer of hope for mortgage lenders heading into 2025.

As-is 383

As-is VA loan Mortgages Loans 383

Housing Wire

MARCH 12, 2025

Reverse mortgage leader Finance of America (FOA) recorded a quarter-over-quarter loss in the fourth quarter of 2024, but still notched a full-year profit. Finance of America is making home equity a mainstream component of retirement planning and we remain confident in our strategic direction and the long-term value of the business.

Finance 364

Finance Equity Mortgages Closing 364

Housing Wire

JANUARY 6, 2025

HousingWire Vanguard Sarah Gonzalez has taken on a new role at Logan Finance Corporation as chief innovation officer. Gonzalez formerly served as Logan’s chief operating officer, a position she started in February 2024. Before joining Logan, Gonzalez served as president and COO at Panorama Mortgage Group.

Finance 386

Finance Lending Loans Banks 386

Housing Wire

JUNE 12, 2025

Nonqualified mortgage ( non-QM ) lender Logan Finance Corp. Logan Finance says the suite is intended to close a growing financing gap that impacts millions of creditworthy borrowers who don’t meet the standard criteria for conventional loans. According to the National Employment Law Project , more than 16.75 million at 70% LTV.

Finance 266

Finance Lending Investor Loans 266

Housing Wire

NOVEMBER 4, 2024

As high mortgage rates reshape the housing market, existing homes are making up a larger percentage of for-sale inventory, and homebuyers are taking notice. An overdue shift in homeowner attitudes about selling their homes is a major factor, Redfin reported. The available inventory of existing homes rose by 22% year over year in Q3 2034.

As-is 369

As-is Marketing Construction New Construction 369

Housing Wire

MAY 7, 2025

In beating its estimates for funded loan volume and by posting a profit in the first quarter of 2025, reverse mortgage lender Finance of America (FOA) saw its volume improve by nearly one-third compared to numbers from Q4 2024. Finance of America is setting the standard for how our industry communicates the role of reverse mortgages.

Finance 308

Finance Branding Industrial Mortgages 308

Housing Wire

JUNE 10, 2025

Legacy Group Capital on Tuesday at HousingWire’s The Gathering announced the expansion of its suite of consumer financing solutions. Its expanded solutions include: Buy-Before-You-Sell: Enables homeowners to purchase a new home before selling their current one, with flexible bridge financing that removes timing pressure.

Finance 230

Finance Lending Renovation Residential 230

Housing Wire

MARCH 17, 2025

Not wasting any time following his Senate confirmation last week, Federal Housing Finance Agency (FHFA) Director Bill Pulte made a series of major changes to the boards of government-sponsored enterprises Fannie Mae and Freddie Mac according to filings with the Securities and Exchange Commission (SEC). This is a developing story.

Finance 486

Finance Development Mortgages As-is 486

Housing Wire

OCTOBER 18, 2024

Some owners of older condo units have had to list at prices far below what they bought the units for because special assessments are so high (and are difficult to finance). This could result in the local community banks and credit unions providing the financing, likely with maximum loan-to-value ratios of 80% or less.”

Mortgages 520

Mortgages Marketing Lending Finance 520

Housing Wire

JANUARY 8, 2025

In the last decade, as more and more homebuyers financed their purchases with mortgage rates in the 4s or lower, an interesting thing happened: We held on to these homes longer and resold them less often. Available inventory of homes for sale fell each year as more and more borrowers had this cheap financing.

Mortgages 466

Mortgages Finance Loans Equity 466

Housing Wire

NOVEMBER 14, 2024

The CBO analyzed data from the Federal Housing Finance Agency (FHFA) data in its report. Fannie and Freddie are also legally mandated to follow housing goals that “serve as benchmarks for measuring how the GSEs facilitate the financing of affordable housing for low-income families,” the report stated.

Loans 534

Loans Finance Mortgages Development 534

Housing Wire

JUNE 13, 2025

Non-QM lending allows borrowers with nontraditional income sources, such as self-employed individuals, freelancers, and gig workers, to qualify for mortgage financing. They are a less risky collateral base as these investors typically hold other assets in their portfolios. debt-to-income (DTI) ratio (33.3% debt-to-income (DTI) ratio (33.3%

Due diligence 412

Due diligence Lending Investor Loans 412

Housing Wire

OCTOBER 31, 2024

California-based personal finance company NerdWallet has struck a deal to acquire brokerage firm Next Door Lending. Jonathon Haddad, chairman and CEO of the Association of Independent Mortgage Experts (AIME), is one of the owners of Next Door. As part of the deal that closed Oct. As part of the deal that closed Oct. It is also offering $3.5

Lending 465

Lending Mortgages Loan Officer Principal 465

Housing Wire

MARCH 31, 2025

Mr. Cooper did about $23 billion in originations last year, according to Inside Mortgage Finance data. To help finance the transaction, Rocket is taking out a nearly $5 billion bridge loan through JPMorgan Chase (which itself is a top-3 mortgage servicer and warehouse lender). billion , is paying an equity value of $9.4

Finance 441

Finance Title Mortgages Equity 441

Housing Wire

DECEMBER 20, 2024

The Federal Housing Finance Agency (FHFA) this week announced a new final rule establishing affordable housing goals for the loan purchases of government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac from 2025 through 2027. The goals, originally proposed in August , are largely unchanged from the initial draft.

Finance 485

Finance Loans Mortgages Development 485

Housing Wire

OCTOBER 24, 2024

“I knew things were going down, but I didn’t know how bad it was until people started knocking on our door.” Now Sandoval, who was featured earlier this year in a Wall Street Journal article , is the one knocking on the doors of homeowners facing foreclosure or other distressed circumstances. There is nothing like that face to face.

Bankruptcy 421

Bankruptcy Equity Hard money loan Finance 421

Housing Wire

OCTOBER 15, 2024

That was down 18% year over year, per Inside Mortgage Finance estimates. It also must provide $7 million for a home loan subsidy program in majority-Black neighborhoods, and it must pay at least $1 million to serve the neighborhoods it redlined , according to the terms of the agreement released on Tuesday. The company ranked No.

Lending 441

Lending Loan Officer Loans Mortgages 441

Housing Wire

OCTOBER 21, 2024

That’s according to a recent index released by Veterans United Home Loans to measure the financial health and optimism of veterans, active-duty service members and civilians in terms of home purchase timelines and motivating factors, personal finance and their outlook for the U.S. It also shows up in their personal finances.

Finance 450

Finance Mortgages Loans Marketing 450

Housing Wire

OCTOBER 22, 2024

The final product Real unveiled at RISE is Real Wallet , a financial platform designed to help agents control and manage their finances. Real Wallet is designed specifically for agents of the future, addressing a critical need by helping them better manage their finances and reinvest in their businesses,” Poleg said. “By and Canada.

Agents 410

Agents Brokerage Technology Staging 410

Housing Wire

DECEMBER 18, 2024

As short-term interest rates decrease, some lending opportunities, such as land purchases and apartment financing, are improving. Interestingly, employment for residential construction workers typically one of the first areas to experience declines before a recession has not yet seen its usual downturn. We will soon find out. percent (10.6

Construction 496

Construction Residential Sales Mortgages 496

Housing Wire

OCTOBER 21, 2024

The construction activity is likely to place the housing industry and its financing partners on a “collision course” with insurers, the outlet said. The construction activity is likely to place the housing industry and its financing partners on a “collision course” with insurers, the outlet said. They sell for just under $3 million.

Construction 479

Construction Development Finance Mortgages 479

Housing Wire

JANUARY 7, 2025

Credit reporting errors can have serious consequences for a familys finances, and it is critical that credit reporting giants follow the law. The lawsuit against Experian follows one filed by the CFPB against Vanderbilt Mortgage & Finance , part of Warren Buffetts conglomerate Berkshire Hathaway.

Finance 397

Finance Banks Mortgages Loans 397

Housing Wire

DECEMBER 17, 2024

PACE loans which are often used to finance environmentally minded renovations, like the addition of solar panels have led to financial instability for some borrowers. The rule applies existing protections for residential mortgages to borrowers who seek PACE loans to upgrade or renovate their homes through clean energy technology.

Loans 378

Loans Mortgages Finance Lending 378

Housing Wire

APRIL 7, 2025

HousingWire reached out to representatives of both the Federal Housing Finance Agency (FHFA) and Fannie Mae for additional details, but did not receive an immediate response. According to reports from outlets including TechStory , HRKatha and the Times of India ,700 U.S.-based

Finance 537

Finance Loans As-is Mortgages 537

Housing Wire

JANUARY 23, 2025

The Federal Housing Finance Agency had previously estimated that the pilot could save consumers between $500 and $1,500 per transaction. Fannie Mae s title insurance pilot program could save borrowers up to $2.19 In their analysis, Nigrinis and Zywicki found that borrowers refinancing their mortgage could save an estimated $2.19

Title 441

Title Land Loans Closing costs 441

Housing Wire

MARCH 10, 2025

Together, we will improve the experience by connecting traditionally disparate steps of the search and financing process with leading technology that removes friction, reduces costs and increases value to American homebuyers. billion in equity. The deal is projected to boost Rockets adjusted earnings per share by late 2026.

Purchase and sale agreement 458

Purchase and sale agreement Pre-approval Brokerage Equity 458

Housing Wire

JANUARY 3, 2025

These green building benefits associated with modular construction do not come with the dreaded green cost premium even though recent research shows that developers are willing to pay an average 10% more on construction costs if it allows their business to shift towards a more circular and sustainable business model.

Development 409

Development Construction Finance Investor 409

Housing Wire

FEBRUARY 3, 2025

In April 2023, federal auditors were confounded by $3 million in unexplained variances in HACMs balances, and the prior finance team came up with nothing after an investigation lasting nearly two years. But HACM recently appointed Brad Leak to its finance team, moving to make him the CFO last month.

Bankruptcy 348

Bankruptcy Finance Development As-is 348

Housing Wire

OCTOBER 18, 2024

The process only takes 48 hours, after the buyer completes a virtual appraisal with Calque. “Together, we’re changing the way people think about home financing by offering solutions that work for real people in real markets.” Indiana-based lender Ruoff Mortgage is making a move designed to help more homeowners get into new homes with ease.

Purchase and sale agreement 420

Purchase and sale agreement Mortgages Equity Finance 420

Housing Wire

NOVEMBER 18, 2024

The Federal Housing Finance Agency (FHFA) on Monday announced that it will raise the 2025 multifamily loan caps for purchases by the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac to $73 billion each. FHFA Director Sandra Thompson said that the new caps highlight the agency’s efforts to make rental housing more affordable.

Loans 430

Loans Finance Mortgages Marketing 430

Housing Wire

NOVEMBER 15, 2024

But in Greater Austin , the “Holiday of Homes” offers flex cash — which can be used towards design selections or structural options — and financing. While shoppers flock to malls and online retailers for Black Friday deals, M/I Homes is shifting the focus to residential real estate with holiday incentives that rival traditional doorbusters.

Fixed-rate mortgage 397

Fixed-rate mortgage Closing costs Residential Finance 397

Housing Wire

NOVEMBER 21, 2024

I discussed this on Yahoo Finance this morning. Traditionally, home prices soften in the second half of the year and I had counted on this for my price forecast , which predicted 2.33% home-price growth for 2024. However, that didn’t happen. The charts below show the key data lines from the NAR existing home sales report.

Mortgages 470

Mortgages Finance Sales As-is 470

Housing Wire

MARCH 6, 2025

Pierpoint has served NAR for nearly four decades, including serving as CFO and as a staff executive to NARs Finance Committee for 20 years. Cenedella has formerly held finance roles at I MG Worldwide , American Greetings , Nestle Waters , Readers Digest Association and Deloitte & Touche. He also serves as treasurer for the U.S.

Finance 370

Finance Commercial Development Technology 370

Housing Wire

NOVEMBER 13, 2024

Smith will lead teams across sales, operations, finance, servicing and corporate functions at the South Carolina-based mortgage lender that originated about $16 billion in mortgage loans from January to September, up 2.7% compared to the same period last year, according to Inside Mortgage Finance (IMF).

Mortgages 370

Mortgages Loan Officer Finance Lending 370

Housing Wire

JUNE 10, 2025

Ressler joined Real in July 2020 as vice president of finance and was promoted to CFO three months later. Ressler was named a HousingWire Finance Leader on multiple occasions, while Jani recently earned a nod as a 2025 HousingWire Rising Star. The lawsuit was filed Tuesday in the U.S. billion over a four-year period.

Brokerage 373

Brokerage Finance Investor Industrial 373