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 320

Finance Branding Industrial Mortgages 320

Housing Wire

MAY 13, 2025

Lets be real: the real estate industry is changing. The real professional of the future must provide proactive, consistent and ongoing value on all things real estate and finance. Industry trends show that homeowners locked into sub-3% mortgage rates find it difficult to justify moving when current rates hover around 6.5%

Industrial 337

Industrial Mortgages Technology Equity 337

Housing Wire

JUNE 13, 2025

As debate swirls over job loss and security risks, Bressler urged the industry to embrace AI or risk falling behind, likening resistance to ignoring the internet in the ’90s. Experts say inclusive development is critical as AI reshapes industries like health care and financial services. million in seed funding.

Industrial 252

Industrial MLS Loan Officer Lending 252

Housing Wire

MARCH 19, 2025

remodeling industry reached $600 billion in value following the COVID-19 pandemic. But industry fragmentation, inflation and a shortage of skilled trade labor jeopardize the ability of the industry to fully meet demand, according to a new report by the Harvard Joint Center for Housing Studies (JCHS).

Industrial 260

Industrial Residential Construction Finance 260

Housing Wire

OCTOBER 18, 2024

Provident, run by the Pica family, is known in the industry for its conservative approach and sports a better-than-average delinquency rate in its servicing portfolio, so it’s perhaps not a huge surprise it would exit such a choppy space. Provident told broker partners that all loans in the pipeline must be locked by 11:59 p.m. .

Mortgages 520

Mortgages Marketing Lending Finance 520

Housing Wire

MARCH 31, 2025

Rocket Companies is buying Mr. Cooper , America’s largest mortgage servicer, in a market-shattering deal that could reshape the mortgage industry for years to come. Rocket also has arguably the strongest recapture game in the industry, and a deal like this would give it a distinct advantage over all other competitors.

Finance 441

Finance Title Mortgages Equity 441

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. A decade later, non-QM loans are considered a “ stable, crucial option ” by mortgage industry analysts. debt-to-income (DTI) ratio (33.3% percent and 6.2 As the U.S.

Due diligence 416

Due diligence Lending Investor Loans 416

Housing Wire

JANUARY 3, 2025

In response to drastic economic changes and environmental concerns, industries are quickly realizing the benefits of investing in sustainable practices that can positively impact their business operations. Over the next several decades, this will require our industry to invest in the development of truly recyclable building materials.

Development 409

Development Construction Finance Investor 409

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.

Construction 479

Construction Development Finance Mortgages 479

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. According to the release, Nigrinis and Zywicki analyzed how much widespread use of automated title risk assessments would lower consumer costs, promote greater transparency and increase industry competition.

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Title Land Loans Closing costs 441

Housing Wire

JULY 19, 2024

“A national secondary market for construction financing could allow lenders, like state housing finance agencies and banks, to provide the investment capital needed to get multifamily housing projects built and keys in families’ hands.” This could make the overall cost to entry — which is already low — more digestible.

Construction 466

Construction Finance Development Marketing 466

Housing Wire

APRIL 25, 2025

Reverse mortgage professionals are preparing to travel to Irvine, California, for the industrys first event of the year, hosted by the National Reverse Mortgage Lenders Association (NRMLA). But NRMLAs board will also aim to look even further ahead by engaging members on-site about the potential dynamics of the industry beyond that scope.

Industrial 207

Industrial Mortgages Loan Officer Equity 207

Housing Wire

OCTOBER 25, 2024

Lapin said FormFree operates within an open banking framework, a relative rarity in the mortgage industry. This new model, powered by artificial intelligence, blockchain, and open banking, aims to give consumers greater ownership and control over their data, potentially reshaping industries. In practice, the U.S.

Banks 431

Banks Mortgages Lending Industrial 431

Housing Wire

OCTOBER 18, 2024

Ruoff Mortgage has been a trusted name in the industry for decades, and their dedication to client success aligns perfectly with our vision at Calque,” Calque CEO Michael Bremer said in a statement. Together, we’re changing the way people think about home financing by offering solutions that work for real people in real markets.”

Purchase and sale agreement 421

Purchase and sale agreement Mortgages Equity Finance 421

Housing Wire

DECEMBER 4, 2024

While the increased limit theoretically increases the borrowing power for anyone considering a HECM loan, industry analysts are somewhat split over the potential benefits such a limit would have on the industry in the new year. This is because interest rates remain relatively high even after some moderation.

Mortgages 384

Mortgages Equity Lending Loans 384

Housing Wire

AUGUST 30, 2024

As a salve, a vocal minority of activists say that “simply” allowing the financing of buyer-agent commissions into mortgages will resolve all concerns. For reasons both practical and legal, buyer-agent commissions are not today explicitly financeable with a mortgage. This claim is misguided, oversimplifying a more complicated reality.

Finance 421

Finance Agents FHA loan Closing costs 421

Housing Wire

MARCH 20, 2025

Hill is a veteran finance leader in the real estate industry. He currently serves as vice president of international finance and corporate financial planning and analysis at eXp Realty. Beyond the real estate industry, Hill previously served as a financial analyst for The Walt Disney Co.

Finance 340

Finance Industrial Agents As-is 340

Housing Wire

DECEMBER 23, 2024

Over the past year, members of the reverse mortgage industry have been making a more concerted effort to connect with their counterparts in the forward mortgage space. And some reverse-only companies have aimed to establish firmer ties with the much larger forward mortgage industry.

Lending 381

Lending Mortgages Industrial Finance 381

Housing Wire

NOVEMBER 14, 2024

stock market, companies like Finance of America (FOA) and Ellington Financial — the parent of reverse lender Longbridge Financial — have recently released their third-quarter 2024 earnings results. In the case of FOA — the current industry leader — the earnings results were robust.

Investor 369

Investor Mortgages Bankruptcy Equity 369

Housing Wire

MARCH 4, 2025

Passed in 2021, the CTA aims to combat financial crimes such as tax fraud, money laundering and terrorist financing by requiring certain businesses to file a BOI report with FinCEN. FinCEN began accepting BOI reports from new and existing companies in January 2024. This rule, which goes into effect Dec.

Title 315

Title Residential Finance Land 315

Housing Wire

MARCH 27, 2025

The company calls the move an “industry-first initiative.” “By covering these expenses, we’re creating a rising tide that lifts all boats consumers get more affordable mortgages, lenders reduce expenses and close loans faster, and our industry takes another step toward truly digital mortgages. . ”

Mortgages 328

Mortgages Loan Officer Technology Loans 328

Housing Wire

JUNE 10, 2025

Ressler joined Real in July 2020 as vice president of finance and was promoted to CFO three months later. In an industry where women comprise a majority of the workforce but too few of the decision-makers, we need more leaders willing to challenge outdated, discriminatory norms and lead with integrity. billion over a four-year period.

Brokerage 384

Brokerage Finance Investor Industrial 384

Housing Wire

APRIL 28, 2025

billion deal to acquire digital real estate brokerage firm Redfin , industry observers are still trying to understand the future of one key asset: Bay Equity Home Loans. Industry observers say that while Bay Equity could cannibalize Rockets existing operations, it adds roughly $4.5 Over a month after Rocket Companies announced its $1.75

Loan Officer 376

Loan Officer Equity Loans Brokerage 376

Housing Wire

OCTOBER 31, 2024

Reverse mortgage industry leader Finance of America (FOA) announced updates on Thursday to the interest rate for HomeSafe Second, its proprietary second-lien reverse mortgage product. Recent history HomeSafe Second was first introduced in 2018, marking the industry’s first-ever second-lien reverse mortgage option.

Mortgages 407

Mortgages Equity Loan Officer Loans 407

Housing Wire

MAY 8, 2025

Tamir Poleg, chairman and CEO of The Real Brokerage , closed out the prepared remarks section of his firms first-quarter 2025 earnings call by addressing the transformative technological era the industry is currently operating in. Our industry is no exception. The catch was, listeners thought it was Poleg, but it wasn’t.

Technology 370

Technology Title Brokerage Agents 370

Housing Wire

JUNE 5, 2024

Leading reverse mortgage lender Finance of America (FOA) has undergone a round of layoffs that are impacting multiple levels of the organization, including retail and corporate leadership positions. The news was first reported by National Mortgage News. It was not specified how many employees nor which specific divisions were impacted.

Finance 457

Finance Sales Equity Mortgages 457

Housing Wire

DECEMBER 30, 2024

While 2024 was rife with challenges for the mortgage industry broadly across forward and reverse a new year brings a new mindset. But there are also new opportunities for the industry in 2025, and the eternally optimistic reverse mortgage industry is more than ready to embrace them.

Mortgages 383

Mortgages Technology Loan Officer Industrial 383

Housing Wire

DECEMBER 12, 2024

Kessler, a 48-year real estate industry veteran, served as Texas Realtors’ CEO and president for 14 years. “It’s been an honor to serve with an industry icon like Travis, whose dedication and contributions to theTexas real estate industry have left a tremendous legacy.”

Development 369

Development Industrial Finance As-is 369

Housing Wire

MAY 20, 2025

The government-sponsored enterprises (GSEs) have been under the conservatorship of the federal government since the 2008 financial crisis, and for some time now many in the mortgage industry have thought this should end. But what is the goal of ending the conservatorships for Fannie Mae and Freddie Mac ? Treasury securities.

Investor 424

Investor Mortgages Residential Finance 424

Housing Wire

NOVEMBER 4, 2024

As real estate practitioners adjust to the practice changes that took effect in August, and the industry waits for final approval of the NAR settlement from the court in November, questions continue about seller offers of compensation. These are the questions that advocates who want to upend the real estate industry further cannot answer.

Debt-to-income ratio 305

Debt-to-income ratio Agents VA loan MLS 305

Housing Wire

MARCH 4, 2025

States, industry steps up While the SECURE Act was first introduced in Congress in early-2023, talk of the legislation and anything resembling it has stalled since then. The only state that is an outlier at the moment is Connecticut, where they excluded real estate finance transactions. The reality is quite the opposite.

Title 365

Title Technology Industrial Development 365

Housing Wire

JANUARY 21, 2025

Nominations for HousingWires 2025 Finance Leaders Award are open now through January 31, 2025. Click here to nominate a Finance Leader. to discuss the trends shaping the housing industry in 2025. Charlotte Simonelli: Weve found many use cases where we can leverage generative AI in finance.

Finance 364

Finance Technology Industrial Development 364

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

MAY 29, 2025

The answer lies in a remote corner of the mortgage industry: subservicing. Still, the overall subservicing space has been relatively static in recent years, said Walter Mullen, chief strategy officer at Onity Group , the parent company of PHH Mortgage (the seventh-largest subservicer in 2024, according to Inside Mortgage Finance).

Mortgages 352

Mortgages Loans Banks Industrial 352

Housing Wire

JANUARY 28, 2025

Apollo orchestrated this transaction and now our partnership through Newfi provides the financing needed to grow this business and scale it to a higher level. It’s a complete financing solution that helps us ramp up and scale our production in the BPL sector. Apollo has 16 lending platforms in the U.S.

Residential 350

Residential Lending Finance Banks 350

Housing Wire

APRIL 3, 2025

In mortgage finance and real estate , the only constant is change. Add to this the constantly shifting demographics of homebuyers, particularly as younger generations enter the market with different preferences and expectations and its clear that leadership in our industry isn’t for the faint-hearted. What drives them?

Mortgages 303

Mortgages Technology Industrial Finance 303

Housing Wire

OCTOBER 7, 2024

Freiha joins Opendoor after a three-year stint at Alphabet, where he started as Google ’s vice president of finance and oversaw commerce and payments before moving to capital allocations and planning. Opendoor is not just changing real estate; it’s pushing the industry into the future,” Radhakrishna said in a statement.

Technology 420

Technology Finance MLS Title 420