Housing Wire

OCTOBER 22, 2024

In total, loan acquisitions and originations had an unpaid principal balance (UPB) of $31.7 At the same time, our servicing portfolio — now near $650 billion in unpaid principal balance and nearly 2.6 million in Q2 2024 and $25.2 million in Q3 2023. This was a reflection of more volume rather than higher margins. As of Sept.

Principal

Housing Wire

MARCH 7, 2025

The report also states that the idea is being championed by Irving Dennis, HUDs new chief financial officer and principal deputy. Dennis, the agencys new principal deputy chief financial officer, is a former partner at the global consulting giant EY , also commonly known by its original name, Ernst & Young , the report said.

Technology

Housing Wire

MARCH 4, 2025

Make sure you research your options, said gerontologist Nancy Schier-Anzelmo, principal in Alzheimers Care Associates in an interview with Yonder. This is according to a syndicated article originally published by the Daily Yonder , a national news publication focusing on stories from rural America. This is Mayberry.

Equity

Housing Wire

APRIL 10, 2025

In this kind of interest rate environment, you’re looking at probably around 40% of the home value, up to the lending limit as an initial line of credit principal limit, he said. So that was the original justification for the [Home Equity Conversion Mortgage ( HECM )] portfolio coordination strategy.

Mortgages

Housing Wire

APRIL 7, 2025

The property management landscape is evolving rapidly, with rising costs, shifting renter expectations, and increasing competition pushing industry professionals to rethink strategies. Many property managers are embracing this opportunity to innovate, streamline operations, and deliver even greater value to residents and property owners alike.

Property Management

Housing Wire

MAY 20, 2025

As Compass continues to grow our presence in the region, we are delighted to welcome Anchor Home and integrate their luxury market expertise, Holly Worthington, principal broker for Compass’s DMV region, said in a statement. Led by broker Jennifer Chino, the Anchor Home team also includes Whitney Jerdal, Angela Hays and Ashley Earle.

New Construction

Housing Wire

DECEMBER 18, 2024

In a company statement, United Real Estate President Rick Haase expressed excitement about bringing SunWest operating principal and partner Jerry Braklow and his team into the fold. Dallas -based brokerage United Real Estate is expanding its footprint in the Midwest with a new merger. The financial terms of the merger were not disclosed.

Brokerage

Housing Wire

JUNE 12, 2025

billion in unpaid principal balance in 2024 and $1.2 The company, which works in the wholesale and correspondent channels, funded $2.5 billion from January through May 2025. It expects to reach $3.5 billion in volume by the end of this year. HomeXpress currently has 300 employees and is licensed in 46 states and Washington, D.C.

Loan Officer

Housing Wire

NOVEMBER 14, 2024

Led by co-principals Annie Tran, Dewey Luong and Tiffany Powell, the Atlas team said that culture is one reason SERHANT. Led by co-principals Annie Tran, Dewey Luong and Tiffany Powell, the Atlas team said that culture is one reason SERHANT. Atlas Group is coming over from Compass. 3 in transactions in Atlanta with 132 and No.

Principal

Housing Wire

DECEMBER 9, 2024

The attention that Native American communities are paying to their own needs was lauded by Richard Monocchio, principal deputy assistant secretary for public and Indian housing at HUD. Native American Tribes are leading the charge to upgrade infrastructure in their communities, he said.

Principal

Housing Wire

APRIL 22, 2025

Whats slated for the Coastal Bend especially in Port Aransas in terms of new development, new condos, and new neighborhoods is truly impressive, said J Kuper, principal broker of Kuper Sothebys International Realty. This has really become the belle of the ball as far as the Texas coast goes.

Principal

Housing Wire

JULY 9, 2025

Welcoming Brandi back home to Keller Williams is a power move for our luxury presence across Georgia ,” said Gabby Maddox-Davis, operating principal at Keller Williams Realty West ATL. Brandi Lewis, a prominent Atlanta -based real estate agent, has rejoined Keller Williams as of July 1, affiliating with Keller Williams Realty West ATL.

Principal

Housing Wire

NOVEMBER 19, 2024

At Corcoran McEnearney, Pejacsevich will serve as principal and chief operating officer, while Buzzelli will serve as chief strategy officer. The Corcoran Group is making moves in the Washington, D.C., metropolitan area. Through establishing a presence in a major city like Washington, D.C., area’s urban, suburban and rural communities.

Principal

Housing Wire

NOVEMBER 21, 2024

As we continue to invest deeply into providing our KW-affiliated brokerages support for the development of their team leaders and operating principals, we are excited to welcome Shanan, who will spearhead those efforts,” KW President and CEO Mark Willis said in a statement. She has held numerous brokerage leadership roles within the company.

Brokerage

Housing Wire

NOVEMBER 14, 2024

Executive leaders there pointed to the performance of the company’s proprietary loan products and trends in the Home Equity Conversion Mortgage ( HECM ) space as favorable. While Ellington’s results were softer in comparison , company leaders remain bullish on profitability prospects for Longbridge and the wider industry.

Investor

Housing Wire

JANUARY 2, 2025

This program allows seniors to purchase a new principal residence and obtain a reverse mortgage with a single transaction, the report said. HECM-to-HECM refinance cases grew at a faster pace than equity takeout cases, rising 18.6% This is particularly true after the dissipation of the post-pandemic refinance boom. to 167 cases, or 3.8%

Mortgages

Housing Wire

APRIL 28, 2025

billion in unpaid principal balance (UPB), up 2% from the end of 2024 and 10% higher compared to March 2024. While profits shrank, PennyMacs servicing portfolio simultaneously grew to $680.2 The company is deploying an “aggressive” growth strategy, Nichols said. “There’s a lot of talk about choice in the channel.

Marketing

Housing Wire

MAY 12, 2025

Melissa Sterling, principal broker and owner of Better Homes and Gardens Real Estate Heritage Group, said the acquisition aligns with the firms strategy of growth through shared values and professional development. Lora Umbarger will continue in her role as principal broker, while Mitch Umbarger plans to focus on his sales practice.

Principal

Housing Wire

OCTOBER 30, 2024

In this case, the fee is applied to their overall quarterly unpaid principal balance (UPB) production delivered to Freddie, varying according to their non-acceptable quality (NAQ) rate. “If The new model also provides economic benefits to lenders, according to Mittal. “If points,” Mittal said. If the NAQ is less than 2%, there’s no fee.”

Debt-to-income ratio

Housing Wire

DECEMBER 20, 2024

If you think about the idea of having modern technology that allows them to configure quickly, and to bring in these [reverse-specific] calculations the principal limit factor, non-borrowing spouses, all the things that legacy software doesn’t have today when it comes to decisioning technology, we have that, he said.

Mortgages

Housing Wire

JULY 11, 2025

Overall, unpaid principal balance (UPB) remains relatively flat year over year across all loan types. New issuance of agency mortgage servicing pools is down sharply — $555 billion through the first six months of 2025 versus $1.1 trillion in the same period last year — and is reflective of a sluggish origination environment. billion).

Banks

Housing Wire

JULY 14, 2025

No official plan has been released because the deal is not closed. Chief among their concerns is whether Lakeview-generated leads will be distributed and, critically, how compensation will be structured for these opportunities. When an LO closes a deal there, they receive a small compensation split. I doubt it.

Mortgages

Housing Wire

JUNE 10, 2025

The principal amount “generally does not come due until the borrower permanently leaves the home, provided the borrower stays current on all required payments, including interest, property taxes and homeowners insurance, and appropriately maintains the home.” Reverse mortgage lender and servicer Longbridge Financial , a no.

Equity

Housing Wire

NOVEMBER 1, 2024

The program is designed to be based on the UPB (unpaid principal balance), or the loan deliveries we receive in a specific quarter from the lenders, and the corresponding NAQ rate, which is the non-acceptable quality rate. This interview has been edited for length and clarity. This is also another step that will assist first-time homebuyers.

Loans

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

Housing Wire

FEBRUARY 27, 2025

CoreLogic data shows that the percentage of mortgage borrowers who pay more for their taxes and insurance than their principal and interest has risen from 2% roughly a decade ago to nearly 10% today. That has changed. When it comes to what’s causing the rapid rise in insurance costs, Hepp sees six key drivers.

Equity

Housing Wire

JUNE 18, 2025

billion in unpaid principal balance as of March 31. The board of directors also intends to approve a special cash dividend of up to $0.25 in 2025, or $0.25 per quarter through the consummation of the merger if it does not close in 2025. Guild originated $5.2 billion in mortgages in the first quarter of 2025, ranking as the 15th-largest U.S.

Principal

Housing Wire

APRIL 14, 2025

In February, Maverix Advisory Group added industry veteran Kevin Van Eck to its leadership roster, appointing him to the role of principal after a 16-year tenure at @properties. Baur, the former CEO of MoxiWorks , helped to scale that platform to a point that it now supports more than 800 brokerages and 400,000 agents across North America.

Brokerage

Housing Wire

FEBRUARY 6, 2025

Around the same time , Rithm also struck a $720 million deal for Computershare Mortgage Services and its subsidiary, Specialized Loan Servicing , which brought $136 billion in unpaid principal balance (UPB) to Rithms servicing book. Sculptor added another $1 billion in assets during the past year, according to the 2024 earnings report.

Loans

Housing Wire

JUNE 6, 2025

Tom O’Donoghue, principal with Reverse Loans Now , has multiple clients impacted by the recent wildfires and said the program would help. California Gov. Gavin Newsom (D) on Thursday announced that the CalAssist Mortgage Fund will launch on June 12. The guidelines also extend the qualifying disaster period back from Jan. 1, 2023 to Jan.

Mortgages

Housing Wire

JUNE 18, 2025

billion in unpaid principal balance. In 2025, Rithm closed three securitizations of non-QM loans — a product that has gained popularity amid a challenging mortgage market. Non-QM loans are for borrowers who do not have traditional income sources, such as self-employed individuals, freelancers and gig workers. Barclays structured the deal.

Closing

Housing Wire

JULY 2, 2025

Hill had been serving as interim CFO and principal financial officer since April. Jesse Hill has been appointed chief financial officer (CFO) of eXp World Holdings Inc. , the company announced Tuesday. The appointment is effective immediately. It’s an honor to step into this role at such a pivotal moment in eXp’s evolution,” Hill said.

Principal

Housing Wire

AUGUST 6, 2025

Led by principal agent Wendy Banner, the 13-agent team brings more than 100 years of combined experience and $2.03 The Banner Team — one of the highest-performing real estate groups in the Washington, D.C., metro area — has joined Compass. billion in career sales to Compass. Maryland and Northern Virginia) in 2024.

Principal

Housing Wire

OCTOBER 30, 2024

This resulted from a portfolio of $878 billion in unpaid principal balance (UPB), including $755 billion in mortgage servicing rights (MSRs) owned by the company. But executives expect things to calm down moving forward. “I The company’s estimated book value is $2.9 In September, the company raised $300 million in equity.

Equity

Housing Wire

NOVEMBER 15, 2024

A shift in Rocket Mortgage’s MSR strategy Through the third quarter, Rocket has already acquired or committed to over $70 billion in unpaid principal balance for its servicing portfolio —a 15% increase over year-end 2023. “Our scalable tech platform is what empowers us to navigate dynamic markets with agility.

Mortgages

Housing Wire

MARCH 20, 2025

Molly Boesel, CoreLogic’s senior principal economist, said that January’s rent growth is slightly higher than what she’d expect in the opening month of the year. Rent growth for single-family homes ramped up at the start of 2025, according to a new report by CoreLogic. during the year ending in January.

Principal

Real Estate News

JULY 12, 2025

Maryanne Moyers, Principal Broker, Serhant Maryanne Moyers, a veteran broker with more than $5 billion in career sales, will lead the expansion as principal broker. Skip to Content Agents Brokerages MLS/Assn Tech Industry By the Numbers Consumer Illustration by Lanette Behiry/Adobe Stock Brokerages SERHANT. " The high-demand D.C.

Brokerage