Housing Wire

MAY 21, 2025

“Our technology eliminates the tedious ‘stare and compare’ work of analyzing bank statements while enhancing fraud detection and ensuring consistency across underwriting decisions,” said Paul Gigliotti , chief growth officer at Prudent AI. Jones : The way to help loan officers is to make it very easy from our side.

Mortgages

Housing Wire

MARCH 25, 2025

Global investment bank Cambridge Wilkinson today announced the closing of a forward flow agreement up to $100 million for a private real estate lending platform specializing in short-term bridge , fix-and-flip, construction and land development loans.

Lending

Housing Wire

MARCH 13, 2025

Vice Capital Markets , a mortgage hedge advisory firm for independent lenders, banks and credit unions, announced Thursday that it is the first to integrate Fannie Mae s new loan pricing application programming interface (API) into its trading portal.

Loans

Housing Wire

JULY 21, 2025

Other examples include a software developer with multiple 1099s, a real estate agent with seasonal income spikes, or a small business owner maximizing deductions. Under standard guidelines, each of these individuals might be denied a mortgage that a W-2 employee earning half as much would be able to secure.

Lending

Housing Wire

JULY 14, 2025

The growing “gig economy” is reshaping the future of homebuying , and savvy brokers are recognizing the need to adapt quickly with loan products that fit this demographic. Here’s why: Quality loans Today’s non-QM loans are a far cry from the risky products of the pre-2008 era. workforce — will be freelancing.

Investor

Housing Wire

JULY 16, 2025

Three federal banking regulators announced on Wednesday the rescission of the Community Reinvestment Act (CRA) final rule issued in October 2023. Because the 2023 final rule is subject to legal action and has not taken effect, the agencies continue to apply the 1995 regulations to banks today,” the agencies said in a joint statement.

Banks

Housing Wire

MARCH 24, 2025

this year, while wages are risingan encouraging sign that were moving toward a healthier market For lenders, this means preparing for a shift in borrower demographics and ensuring loan origination processes are built for scale. Additionally, rate buy-down incentives are playing a major role in helping move new home inventory. Those who dont?

Technology

Housing Wire

JANUARY 21, 2025

The Mortgage Bankers Association (MBA)s education division, MBA Education, recently launched its Mortgage Banking Bound (MBB) program at Cleveland State University. The industry is getting the talent developments and potential new students to enter their workforce. It’s a true collaborative effort, Hoffman added.

Banks

Housing Wire

MAY 19, 2025

Gregory Tsang is the Chief Executive Officer and co-founder of eRESI , a Non-QM correspondent whole loan investor offering both Delegated and Non-Delegated options. Banks previously targeted these borrowers as valuable portfolio assets and often considered them for future banking opportunities.

Lending

Housing Wire

OCTOBER 22, 2024

Rawls is the latest addition to a leadership team of seven executives at the developing company. Guaranteed Rate Affinity highlighted Rawls’ promotion as a key development in their partnership with New Jersey-based real estate franchise Coldwell Banker , a subsidiary of Anywhere.

Lending

Housing Wire

APRIL 10, 2025

policymakers scramble for answers, countries abroad have already developed and deployed practical solutions. Banks and credit unionsmany of which depend on mortgage activity to fuel lending, gather deposits, and generate fee incomeare facing an extended drought. And while U.S. The scale of the lock-in problem is staggering.

Design

Housing Wire

JANUARY 28, 2025

. … The trend over the last few years of banking financing retreating from this sector , I think it opened up a lot more opportunities for BPL lenders to be the at the forefront of the funding solution to residential developers and investment. I think [about] five years ago, banks were still extremely active in the sector.

Residential

Housing Wire

JULY 1, 2025

Name Job Title Company Name Abigail Williams Chief Legal Officer Lima One Capital Alexandra Lumpkin Chief Legal Officer The Real Brokerage Ali Haralson President Auction.com Alison Adams Grey Chief of Staff LPT Realty Amy Adams National Real Estate Expert The CE Shop Amy Butler Executive Vice President, National Sales Northpointe Bank Amy Creason Co-founder (..)

Title

Housing Wire

FEBRUARY 26, 2025

These are some of the elements that Medina Cicak, chief commercial officer for Heartland Bank in Australia , and Keira Billot, the bank’s New Zealand -based general manager of retail and reverse mortgages, discussed in an interview with HousingWire s Reverse Mortgage Daily (RMD). Department of Housing and Urban Development (HUD).

Mortgages

Housing Wire

APRIL 28, 2025

“So aside from hiring and building our sales team, we’re focusing on deepening our partnerships and developing repeat working with PennyMac. “They’ve been able to compete with banks and credit unions, and so that’s been a big win for us. “There’s a lot of talk about choice in the channel. .

Marketing

Housing Wire

DECEMBER 17, 2024

has honored a longtime professional in its ranks with a lifetime achievement award, in recognition of his 40-year career in the mortgage banking, real estate , homebuilding and title insurance industries. The reverse mortgage division of Fairway Independent Mortgage Corp.

Lending

Housing Wire

FEBRUARY 27, 2025

To save time, Acra employs an eligibility review system for non-QM loans. The system functions similarly to Fannie Maes Desktop Underwriting (DU) and Freddie Macs Loan Prospector (LP) because it has automated review capabilities. With this process, brokers can validate appraisals before the loans submission.

Lending

Housing Wire

NOVEMBER 14, 2024

The team will develop and execute the company’s investment strategies, secondary market activities, and risk management, among other things. Meanwhile, Rettinger joined Pennymac in 2010 after holding leadership roles at Bank of America and HSBC. billion in mortgage loans from January to September, up 8.8% He left in June.

Mortgages

Housing Wire

APRIL 4, 2025

Following other recent proprietary product development news, Longbridge Financial announced on Friday the launch of a new variation for its private fixed-rate reverse mortgage offering. The revised LTVs could allow previously ineligible borrowers to have a renewed conversation about securing a loan, the company explained.

Mortgages

Housing Wire

MAY 19, 2025

Industry veteran Jesse Allen, formerly of OneTrust Home Loans and American Advisors Group (AAG) is now leading the division as its new president. Were focused on execution, getting our sales force in front of customers, and having good conversations and manufacturing the loans well.

Mortgages

Housing Wire

MAY 12, 2025

Bidding wars for producing mortgage loan officers are back with a vengeance and it’s largely in the hopes of capitalizing on an upcoming refinance wave, recruiters and executives tell HousingWire. His reasoning is simple: When a refinance opportunity arises, it will find the loan officerregardless of which company they work for.

Mortgages

Housing Wire

DECEMBER 12, 2024

Many national companies had already established national refi rates with some of the biggest banks and lenders and yet that left many doing what they have always done; waiting until all the noise has fully hit and then reacting. Unfortunate for most, whereas a few had prepared, most did not see the magnitude of this market anomaly!

Title

Housing Wire

MARCH 6, 2025

We had to take back some properties where we dont have a large real estate operation, so we didnt want to keep them, said Sims, general partner at Constitution Lending , a Connecticut-based real estate lender providing fix-and-flip and long-term loans to real estate investors. million registered users.

Renovation

Housing Wire

JANUARY 31, 2025

Evergreen Home Loans , which is based in Washington state and has a presence in seven Western states, announced a major expansion of its footprint on Friday. John Porath “John’s leadership and ability to connect with loan officers will be instrumental in driving our core conviction of growth and success for the region.

Loans

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. With several top 10 reverse mortgage lenders now active in some form within the U.S. In the case of FOA — the current industry leader — the earnings results were robust.

Investor

Housing Wire

MAY 14, 2025

Mortgage loan originator (MLO) or mortgage broker License or education required: Yes Average national salary: ~$60,000 to ~87,000 Job description: A loan originator, or loan officer, plays an essential role in the process of purchasing property. Similar to an MLO, a mortgage broker finds financing for buyers.

Property Management

Housing Wire

JUNE 10, 2025

2 industry player in reverse-backed securities issuance and one of the top two providers of proprietary reverse mortgage loans, is expanding its product suite beyond government-backed and proprietary reverse mortgages while remaining focused on older customers. Reverse mortgage lender and servicer Longbridge Financial , a no. In the U.S.,

Equity

Housing Wire

JANUARY 29, 2025

Its been a while since there were any substantive updates to the lawsuit playing out between Texas Capital Bank (TCB), the U.S. Department of Housing and Urban Development (HUD) and Ginnie Mae over a dispute involving Home Equity Conversion Mortgage (HECM)-backed Securities ( HMBS ).

Banks

Housing Wire

JULY 23, 2025

Having personal connections helps, but setting aside time each week, or even better, each day, to intentionally develop your sphere with expats (short for expatriate: someone who resides outside their native country) can work just as well. Daza and Suarez developed a business plan to capitalize on the success of Daza’s first deal.

Closing

Housing Wire

JANUARY 30, 2025

This was some of the perspective shared by Matt Cook, the director of business development at HomeTeam Inspection Service , who shared with HousingWire ‘s Reverse Mortgage Daily (RMD) how the growing number of older homeowners is impacting what he sees on a daily basis.

Inspection

Housing Wire

AUGUST 4, 2025

Department of Housing and Urban Development (HUD) that provides funding for many U.S. Over the weekend, the Senate received Joseph Gormley ’s nomination to lead Ginnie Mae and forwarded it to the committee on banking, housing and urban affairs. Ginnie Mae , the government-owned corporation within the U.S.

Finance

Housing Wire

MARCH 18, 2025

He climbed the ladder to the role of president, and led sales and operations at a top-25 independent mortgage bank with 5,600 employees that notched $33 billion in volume during the peak of the mortgage boom. Brennan joined Movement in 2015 as a regional manager, organically growing the Northeast to a $3 billion a year operation.

Loan Officer

Housing Wire

JULY 24, 2025

On Wednesday, Reverse Mortgage Daily (RMD) brought you a ranking of the top five reverse mortgage loan originators in America. Department of Housing and Urban Development (HUD) and PHH Mortgage. There are some high loan amounts too — one reverse mortgage on a home in Palisades, California, was for $9.1 The Money House Inc. ,

Mortgages

Real Estate News

JULY 18, 2025

Skip to Content Agents Brokerages MLS/Assn Tech Industry By the Numbers Consumer Illustration by Lanette Behiry/Real Estate News Industry Homeownership education needs a reboot — and a new messenger Loan officers and financial advisors need to meet aspiring buyers where they are as many increasingly turn to social media for home financing advice.

Loan Officer

Housing Wire

JUNE 10, 2025

Legacy, one of the few private lenders focused on Residential Transition Loans (RTL) for both business-purpose real estate investors and consumers, is offering flexible financing for homebuyers and homeowners to help them move quickly in the housing market. We were helping create financing, and together, that was the vision,” he said.

Finance

Housing Wire

NOVEMBER 25, 2024

In this HousingWire executive conversation, Chris Kennedy , Director of Sales and Business Development at RiskSpan , explores the key recapture strategies that lenders can follow to maximize profit in the 2025 real estate market. Chris Kennedy: Recapture is refinancing the customer into a new loan.

Loans

Housing Wire

FEBRUARY 10, 2025

The recent developments surrounding the Consumer Financial Protection Bureau (CFPB) have left many in the mortgage industry wondering what comes next. Regulatory framework still intact The Loan Originator Compensation Rule (15 U.S.C. If IMB executives fail to recognize this, they may risk legal and financial consequences.

Lending