Housing Wire

MARCH 15, 2024

Meanwhile, trade groups representing lenders believe that more details on the settlement are needed to understand its coming impact on the housing market. However, they already worry about some groups of considered vulnerable borrowers who could not pay for the buyers’ agent commission due to affordability challenges.

Industrial 498

Industrial Seller concession Purchase and sale agreement Agents 498

Housing Wire

JANUARY 11, 2023

In its 3rd year, the HW Finance Leaders award is celebrating the industry’s top finance executives who have muscled through another unprecedented year in housing and helped their organizations come out on top. So what does it take to be among the HW Finance Leaders? Click here before the January 27th deadline!

Finance 364

Finance Banks Brokerage Closing 364

Housing Wire

FEBRUARY 22, 2024

Recent cyberattacks at mortgage companies have put the industry in alert mode, executives at top lenders, servicers, tech vendors and investors told HousingWire. But they acknowledge that they keep a vast amount of customer data and some players may be vulnerable amid a shrinking market. It’s already been in the cloud.

Industrial 409

Industrial Mortgages Investor Technology 409

Housing Wire

SEPTEMBER 12, 2023

MBA cannot control macroeconomic forces, but what we can do is make sure the actions of policymakers help our industry instead of hindering it at a crucial time,” Broeksmit said at the organization’s Compliance and Risk Management Conference this week in Washington, D.C. John Rose (R-TN)’s effort to curb trigger leads, he said.

Industrial 395

Industrial Banks Finance Commercial 395

Housing Wire

MARCH 21, 2024

Mike Fratantoni , the chief economist and senior vice president of research and industry technology at the Mortgage Bankers Association (MBA), addressed three major challenges in the housing market during testimony before the U.S. House of Representatives ‘ Financial Services Subcommittee on Housing and Insurance.

Industrial 335

Industrial Banks Residential Lending 335

Housing Wire

MARCH 12, 2024

nonbank mortgage lenders continue to gain market share as the industry consolidates and a number of smaller players exit the space due to a lack of strong franchises to retain sufficient volume, Fitch Ratings reported Tuesday. billion in purchase originations in 2023, up 4% from 2022 and good for a market share of nearly 8%.

Mortgages 450

Mortgages Marketing Lending Banks 450

Housing Wire

MARCH 25, 2021

Private mortgage insurance helped over 2 million low downpayment borrowers secure mortgage financing in 2020, a 53% increase from 2019, according to data from the government sponsored entities. The private mortgage insurance industry also supported $600 billion in mortgage originations. The result was approximately $1.3

Industrial 544

Industrial Mortgages FHA loan Finance 544

Housing Wire

MAY 17, 2024

The National Reverse Mortgage Lenders Association (NRMLA) this week announced that Jonathan Scarpati, senior vice president of wholesale production at Finance of America (FOA), has joined its board of directors for the remainder of the 2024 term. Scarpati expressed excitement for his new role.

Equity 353

Equity Finance Lending Industrial 353

Housing Wire

FEBRUARY 12, 2024

New Jersey-based mortgage lender The Money Store named industry veteran Coleen Bogle as chief marketing officer, the company announced on Monday. The hiring follows changes in marketing leadership at other mortgage companies, including Guild Mortgage and Rocket Companies.

Marketing 381

Marketing Loan Officer Lending Branding 381

Housing Wire

SEPTEMBER 11, 2023

The Federal Housing Finance Agency (FHFA) on Monday announced that it will offer additional opportunities for public engagement as it considers the transition to updated credit score models and credit report requirements for loans acquired by government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac.

Industrial 384

Industrial Finance Loans Mortgages 384

Housing Wire

APRIL 17, 2023

Some say that the nearly 150-year-old title industry has a difficult time adapting and evolving. However, the title industry has proven these critics wrong over the past decade, and importantly, it has done so without leaving homeowners vulnerable to unnecessary risks. Innovation should be encouraged across the real estate industry.

Title 413

Title Industrial Title search Technology 413

Housing Wire

APRIL 4, 2024

Nominations for HousingWire’s 2024 Marketing Leaders are open until April 30, 2024. While they have endured a rocky, rates-driven cycle, marketers in mortgage and real estate continue to play a pivotal role in lead generation, customer acquisition and retention differentiation that has helped to keep many organizations stay afloat.

Marketing 249

Marketing Industrial Mortgages Inspection 249

Housing Wire

MARCH 3, 2022

Finance of America Companies on Wednesday told investors that it managed to increase in originations in 2021, but a more competitive landscape reduced margins and, consequently, the company’s net income. Finance of America funded $35.6 billion in 2021, up 9% compared to 2020, mainly due to reverse and commercial businesses.

Finance 377

Finance Investor Mortgages Commercial 377

Housing Wire

SEPTEMBER 4, 2020

realtor.com named Bob Evans vice president of industry relations, where he will lead the company’s long-standing efforts to engage and support its industry partners. Prior to joining the company, Anderson has led marketing teams at Stearns Lending , Certainty Home Loans , Accenture , CNN and The Weather Channel.

Finance 406

Finance Branding Title Lending 406

Housing Wire

FEBRUARY 22, 2024

When the Department of Justice (DOJ) revealed last week the changes it would like to see in how real estate agents and brokers are compensated through its statement of interest filed in the MLS Property Information Network commission lawsuit , few in the real estate industry were surprised by the agency’s desire to decouple commissions.

Industrial 414

Industrial MLS FHA loan Agents 414

Housing Wire

NOVEMBER 18, 2022

A combination of elevated mortgage rates, sluggish home sales and inflation continue to plague the housing market workforce, with numerous mortgage lenders and real estate startups shedding employees. These trends have exacerbated industry overcapacity, leading to continual layoffs. American Financing Corporation originated $4.13

Industrial 408

Industrial Loan Officer Loans Lending 408

Housing Wire

APRIL 25, 2024

Real estate brokerage eXp Realty has added industry veteran Wendy Forsythe to its leadership team. On Thursday, the firm announced that Forsythe was joining eXp as its new chief marketing officer. She will also oversee eXp Realty’s brand management and advertising, as well as the firm’s digital marketing and public relations.

Marketing 330

Marketing Branding Brokerage Staging 330

Housing Wire

MARCH 15, 2024

While many in the real estate industry were surprised by the news Friday morning that the National Association of Realtors had agreed to a nationwide settlement of the commission lawsuits for $418 million, Marty Green, a principal at law firm Polunsky Beitel Green , was not one of them. There is an agreement but what about approval?

Industrial 439

Industrial MLS Brokerage Agents 439

Housing Wire

JANUARY 2, 2024

The “ silver tsunami ” — a colloquialism referring to aging Americans changing their housing arrangements to accommodate aging — could have more of an impact on the housing market this year, according to analyst Meredith Whitney in a conversation with Yahoo Finance. “[T]he

Marketing 510

Marketing Equity Industrial Mortgages 510

Housing Wire

NOVEMBER 8, 2021

While the total number of reverse mortgage industry professionals present at HW Annual in Frisco, Tex. While the total number of reverse mortgage industry professionals present at HW Annual in Frisco, Tex. Kathryn Amor. “We

Finance 338

Finance Mortgages Lending Equity 338

Housing Wire

NOVEMBER 30, 2022

Each year, the TECH100 awards recognize the 200 most influential tech companies in mortgage and real estate that are working to improve the housing industry through tech innovation. The promises of technology have largely been lost in the mortgage industry and little has been done to reduce costs for homebuyers.”.

Industrial 350

Industrial Title Lending Technology 350

Housing Wire

JANUARY 20, 2023

An industry downturn is when leaders find out the real capabilities of the companies they have built. In the title industry , like the rest of the home finance industry, the real dangers are high operating costs that come from inefficiency. For years now, executives seeking efficiency were steered to new automation.

Title 380

Title Industrial Technology As-is 380

Housing Wire

NOVEMBER 13, 2023

Ron Frasier, a title industry veteran and CEO of title startup Atlas Title , has been watching the commission lawsuit saga closely. “If It is going to change how title companies market their products and services,” Cain said. It’s easy to see why Frasier is concerned.

Title 404

Title Industrial Purchase and sale agreement Agents 404

Housing Wire

APRIL 10, 2024

The company also provides commentary for its fourth quarter 2023 financial performance, assesses its market advantages and offers an assessment of impacts stemming from changes in Ginnie Mae ’s Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) program.

Investor 396

Investor Bankruptcy Finance Equity 396

Housing Wire

MAY 14, 2024

Steve Resch, vice president of retirement strategies at leading reverse mortgage industry lender Finance of America , knows a lot about the intersection between the interests of financial planning professionals and reverse mortgage industry members. And I’m curious how this combines with what you do for Finance of America.

Equity 391

Equity Finance Industrial Mortgages 391

BAM Media

MAY 9, 2024

Real estate transactions can be complex, especially when traditional financing isn’t the best option. This is where creative financing strategies like seller financing and subject to come into play. Seller Financing: The seller acts as the bank, creating a new financing agreement with the buyer. What is Subject To?

Finance 105

Finance Banks Investor Loans 105

Housing Wire

APRIL 21, 2023

It’s been delayed, but that’s not enough for the mortgage industry. Mortgage industry trade groups such as the MBA say the new deadline helps, but it doesn’t fix an unworkable problem that represents both a logistical nightmare and also confusion to the customer.

Industrial 414

Industrial Mortgages Loans Closing 414

Housing Wire

AUGUST 9, 2023

Unlike others that are more reactive to cyclical market conditions, we will continue to be aggressive in our technology and product investments. We are hiring right now, whereas the industry as a whole is continuing to cut back on capacity,” Mat Ishbia, chairman and CEO, said in a statement. UWM originated $31.8 UWM originated $31.8

As-is 370

As-is Principal Mortgages Loans 370

Housing Wire

MARCH 1, 2023

For decades, the housing industry has viewed climate risk as a fairly straightforward issue. However, the ramifications of climate risk are now being felt throughout the broader industry, especially as a larger and larger percentage of this damage comes in the form of uninsured losses. You build the home to code.

Industrial 366

Industrial Banks Loans Design 366

Housing Wire

APRIL 30, 2024

Nominations for HousingWire’s 2024 Marketing Leaders Leaders award are open now through April 30th, 2024. Savvy marketing leaders like Coleen Bogle, CMO at New Jersey-based mortgage lender The Money Store have become critical to the industry. Click here to nominate someone.

Loan Officer 414

Loan Officer Technology Loans Finance 414

Housing Wire

APRIL 10, 2024

While officials are on track to hold rates steady at the next Federal Open Markets Committee meeting, the next inflation data, set for release on April 26, could shape the debate over what to do at the subsequent meeting in June. Inflation is down from the high of 9.1% Inflation is down from the high of 9.1%

Industrial 417

Industrial Mortgages MLS As-is 417

Housing Wire

JANUARY 10, 2023

For those of us in housing finance, the calendar year change really does mean something. And yet the MBA Mortgage Finance Forecast for 2023 has some bright spots in it. Well, here we are at the beginning of another year. There are also all those millennials reaching prime home buying age, and they have to live somewhere, right?

Industrial 371

Industrial Finance Mortgages Equity 371

Housing Wire

FEBRUARY 5, 2024

Recent market trends — including an improvement in mortgage rates, housing affordability and potential refinance opportunities — suggest positive signs for the real estate market this year, according to February’s Mortgage Monitor report from Intercontinental Exchange (ICE). peak prior to the housing market downturn in 2006.

Debt-to-income ratio 446

Debt-to-income ratio Marketing Equity Loans 446

Housing Wire

OCTOBER 14, 2022

Mortgage professionals are no exception – whether you find yourself tweeting for work or in your free time, you may also want to follow accounts for people and organizations that are relevant to the industry in order to stay up-to-date on the latest news about the housing market. economy and specializes in the housing market.

Marketing 460

Marketing Finance Industrial Mortgages 460

Housing Wire

DECEMBER 9, 2022

With only three weeks until 2023 arrives, housing industry executives are adjusting their operations to face what is expected to be another challenging year. . Against the backdrop of this challenging economic and housing environment, companies in the housing industry continued to restructure and cut workforce to better position themselves.

Industrial 351

Industrial Residential Mortgages Investor 351

Housing Wire

JANUARY 20, 2023

The Federal Housing Finance Agency this week made a series of significant changes to loan level pricing adjustment (LLPA) fees charged by Fannie Mae and Freddie Mac on conventional/conforming mortgages. The changes include updates to pricing for second homes, high-balance loans and cash-out refinances that were first announced in 2022.

Debt-to-income ratio 541

Debt-to-income ratio Industrial Mortgages Loans 541

Housing Wire

AUGUST 3, 2021

Rocket Companies , parent of Rocket Mortgage , has its eyes on the solar energy industry, announcing this week that it will enter the green energy game by 2022. Installation of solar panels is gaining steam, with the solar market installing a record of 19.2 thus far and counting. thus far and counting.

Industrial 410

Industrial Mortgages Lending Loans 410