Housing Wire

FEBRUARY 2, 2024

That’s despite a net loss in the last quarter of the year attributable to the resolution of a long-standing arbitration process with Black Knight regarding its servicing technology and losses in mortgage servicing rights (MSR) fair value. billion in unpaid principal balance (UPB) in 2023, down 9% year over year.

Technology 374

Technology Loans Principal Mortgages 374

Housing Wire

DECEMBER 15, 2021

According to Ledn, if Bitcoin prices drop, the client needs to deposit more collateral or pay down some of the principal. Some banks, lenders, and fintechs are testing the technology, but the lack of regulatory clarity and fears of volatility have kept these currencies from becoming fully integrated into products and services. .

Mortgages 414

Mortgages Lending Banks Investor 414

Housing Wire

APRIL 27, 2023

Servicing “is a critically important asset and has driven much of the success that we have enjoyed in mortgage banking,” David Spector, chairman and CEO, said in a recorded earnings message. billion in unpaid principal balance (UPB) as of March 31, up 2% from December 31. ” The servicing segment pretax income was $57.4

Principal 364

Principal Banks Loans Mortgages 364

Housing Wire

FEBRUARY 14, 2024

Analysts in the mortgage industry are projecting that 2024 will be a better year than 2023 across the board. Servicing software APIs simplify in-house servicing Digital technologies can help lenders reduce errors, costs, and processing times, delivering better service.

Investor 339

Investor Loans Mortgages Principal 339

Realty Biz

JULY 1, 2022

NYSE: COMP), a leading technology-enabled residential real estate brokerage, today announced the appointment of Dawanna Williams to its board of directors effective July 1, 2022. Williams currently serves as Founder and Managing Principal of Dabar Development Partners. Williams has decades of experience in the real estate industry.

Principal 86

Principal Development Brokerage Residential 86

Housing Wire

MAY 31, 2021

He formerly served as senior counsel for the Senate Committee on Banking, Housing, and Urban Affairs, and currently, he serves as senior counsel for the U.S. Senate Finance Committee. It’s this same willpower, steadfastness and determination to push through adversity that defines this year’s winners.

Principal 328

Principal Banks Finance Mortgages 328

Housing Wire

MAY 6, 2022

The firm’s earnings were driven by its servicing portfolio and about $520 billion in unpaid principal balance, said David Spector, chairman and chief executive officer of PennyMac in an earnings call. billion in unpaid principal balance, down 36% from the previous quarter and 32% from the first quarter of 2021. million, down from $106.5

Principal 350

Principal Loans Technology Mortgages 350

Housing Wire

AUGUST 26, 2022

The mortgage industry is changing rapidly and originators are focused on adapting to a shifting market in order to stay competitive. HW: Mortgage technology is accelerating quickly and originators are rushing to keep pace. In addition, this may be the time for companies to make the switch from broker-to-banker or vice versa.

Mortgages 355

Mortgages VA loan Loans Technology 355

Housing Wire

AUGUST 14, 2020

Ivanoski has 17 years of experience in the financial services industry, including time at State Street Corporation and Santander Bank. A former Quicken Loans executive, Booth has over 15 years of experience working in state and federal government bodies, focusing on transforming the mortgage industry through technology.

Lending 277

Lending Principal Industrial Development 277

Housing Wire

JANUARY 26, 2022

The investment comes at a pivotal time for the mortgage industry, which has seen record refi volume give way to a market dominated by purchase loans. Lenders across the board felt that they got truly high ROI from these solutions,” said Sam Ryder, principal at LLR Partners. Both firms will maintain their existing brands and teams.

Investor 306

Investor Sales Mortgages Loan Officer 306

Housing Wire

NOVEMBER 17, 2022

Mortgage industry executives are echoing the sentiment that Ginnie Mae’s risk-based capital requirement is currently the main concern for companies holding mortgage servicing rights (MSR). According to industry leaders, the rule can force a sell-off wave, reduce values and put some lenders and services in a difficult spot.

Marketing 388

Marketing Lending Loans Principal 388

Housing Wire

FEBRUARY 10, 2023

trillion in unpaid principal balance (UPB) that needs to be sold in the market. “You’ve read public statements from industry leaders who decided to strengthen servicing portfolios. Cooper’s capitalization is among the strongest of its rated non-bank mortgage peers,” Lynch said. The estimate is for $3.9

Principal 312

Principal Mortgages Lending Equity 312

Housing Wire

JULY 22, 2022

Just weeks later, a leaked text message from Flagstar Bank provided an inside look at how dire the current climate is for many non-QM lenders. The bank calls out 16 non-QM lenders in the text message, indicating it is ramping up scrutiny of its loan reviews, prior to advancing warehouse funding.

Lending 375

Lending Banks Bankruptcy Loans 375

RIS Media

MARCH 3, 2022

With a background that includes key tech roles at UPS, AT&T, and most recently as the engineering leader at Alexa AI and AWS AI at Amazon, Venkatesh Baglodi will use that experience to help the rapidly growing PropTech startup zavvie as its new chief technology officer.

Technology 98

Technology Brokerage Principal Industrial 98

Housing Wire

FEBRUARY 14, 2023

Once the decision is made to retain servicing, the institution must then provide staff, technology and processes based on best practices. Additionally, borrowers can log into online banking to view their statements electronically. Another key to headache-free reporting is ensuring direct access to all loan data in the database.

Loans 349

Loans Investor Mortgages Principal 349

Housing Wire

JANUARY 13, 2021

As part of its Flood Services business, CoreLogic completes flood zone determinations for banks and mortgage companies to support their compliance with the mandatory purchase requirements. The technology will also need to facilitate quick decisioning, while helping servicers remain complaint. Presented by: CoreLogic.

Mortgages 439

Mortgages Investor Loans Technology 439

Housing Wire

JUNE 15, 2022

“The industry was already trying to rightsize from a $4 trillion market to a $2.5 trillion market, but now, just given the spike in rates, it’s going to be lower than that,” said Mike Fratantoni, Mortgage Bankers Association’s chief economist and senior vice president of research and industry technology.

Mortgages 382

Mortgages Loans Investor Equity 382

Housing Wire

NOVEMBER 16, 2022

trillion in volume, according to industry forecasters. But Brian Hale, who is assisting several buyers in their hunt for independent mortgage bank acquisition targets, sees an even more brutal landscape ahead. With such a drastic downturn, the pressure for industry consolidation increases dramatically. trillion to $1.7

Banks 403

Banks Mortgages Loan Officer Due diligence 403

Housing Wire

MAY 23, 2022

These include expected prepayment rates, expectations of net supply to the market, and drivers of net demand from different investors including banks, Fannie Mae and Freddie Mac (the GSEs), asset managers, global investors, and in recent times, the Federal Reserve. This would certainly help many potential first-time homebuyers.

Loans 392

Loans Mortgages Investor Industrial 392

Realty Biz

APRIL 4, 2023

Thayne Houston, Principal Broker, ERA Brokers Consolidated, St. Jim Napier, President and Principal Broker, Napier Realtors ERA, Richmond, Va., Joanne, Francois, Thayne, and Jim are all industry trailblazers, respected leaders, and icons within Team ERA. The ERA ® brand is unlike any other brand in the industry.

Principal 87

Principal Branding Brokerage Industrial 87

McKissock

FEBRUARY 13, 2023

He is the principal expert for all matters related to residential property appraisals and valuation solutions at Veros. Jeff is also a member of the Appraisal Foundation’s Diversity, Equity, and Inclusion committee and the Industry Advisory Council (IAC) taskforce. View upcoming Pro-Series webinars. Did you know?

VA loan 85

VA loan Principal Development Title 85

Housing Wire

SEPTEMBER 10, 2020

This article was written for FinLedger, HW Media’s new fintech focused news brand designed specifically for financial services professionals in banking, payments, insurance and proptech. Patrick Conroy, principal at Washington, D.C.-based Register for the FinLedger Daily Newsletter.

Title 252

Title Branding Principal Loans 252

Housing Wire

MARCH 15, 2024

So why aren’t more commercial real estate (CRE) entities – investors , principals, banks, law firms or developers – seeking the same? A significant opportunity To be sure, there are title agencies eager to partner with CRE principals and funds. CRE firms are also suffering through the highest interest rates seen in years.

Commercial 394

Commercial Brokerage Due diligence Title 394

McKissock

FEBRUARY 13, 2023

He is the principal expert for all matters related to residential property appraisals and valuation solutions at Veros. Jeff is also a member of the Appraisal Foundation’s Diversity, Equity, and Inclusion committee and the Industry Advisory Council (IAC) taskforce. View upcoming Pro-Series webinars. Did you know?

VA loan 52

VA loan Principal Development Title 52

RIS Media

SEPTEMBER 21, 2021

After just five years in the industry, Aviles has shown strong leadership and team-building skills that align with Fathom’s servant-based leadership mentality and culture, according to the company. She brings a mix of investment banking and a legal background into her work in real estate. Greater Collin County – Southwest, Texas.

Loan Officer 92

Loan Officer New Construction Brokerage Principal 92

Housing Wire

APRIL 24, 2024

Thanks to our strategic emphasis on technology, including years of investment in AI and the cloud, Mr. Cooper is well positioned to provide our customers with world-class service, operate as a trusted counterparty for our industry stakeholders, and grow and sustain investor returns.” billion in unpaid principal balance (UPB).

Equity 321

Equity Lending Principal Technology 321

Housing Wire

MARCH 5, 2024

A mortgage industry veteran, Vas has served since October 2023 as the president of tech company Pagaya Technologies Ltd., a KKR -owned company; Citibank ’s mortgage division; Morgan Stanley ; American Express ; and Bank of America. Kasnet, chairman of Two Harbors, said in a statement.

Principal 345

Principal Commercial Loans Mortgages 345

Housing Wire

MARCH 5, 2024

A mortgage industry veteran, Das has served since October 2023 as the president of tech company Pagaya Technologies Ltd., a KKR -owned company; Citibank ’s mortgage division; Morgan Stanley ; American Express ; and Bank of America. The company has hired industry veteran Kyle Kilpatrick to lead the newly created division.

Principal 195

Principal Commercial Loans Mortgages 195

Redfin

JULY 11, 2023

You then make monthly payments, including principal and interest, over an agreed-upon term (usually 15 to 30 years) until the loan is fully repaid. These may include proof of income, bank statements, employment verification, credit history, and debt information. How does a mortgage work?

Pre-approval 59

Pre-approval Mortgages Pre-qualification Debt-to-income ratio 59

Housing Wire

DECEMBER 29, 2023

Strategies for 2024 I’m heavily focused on recruiting , improving technology and marketing, empowering the loan officers — by giving them the same technology and marketing support. Jon Overfelt, director of sales and principal at American Security Mortgage Corp. Whatever I have for me, I will do it for them as well.

Mortgages 441

Mortgages Loan Officer Loans Equity 441

Housing Wire

AUGUST 4, 2022

Angel Hernandez, vice president of industry and regulatory affairs at Stavvy , is moderating the panel and will tap into his background in housing policy and regulation to ask the questions you need to know to strategically drive your business forward. million loans with an unpaid principal balance of more than $1.2

Principal 397

Principal Title Mortgages Industrial 397

Marco Santarelli

MARCH 30, 2023

This can be especially attractive during periods of rising inflation because the principal value of the bond is adjusted to reflect changes in the Consumer Price Index (CPI), which measures inflation. Materials: Materials companies, such as those in the mining or chemical industries, may also benefit from rising interest rates.

Investor 40

Investor Loans Banks Mortgages 40

Housing Wire

JANUARY 7, 2021

Webhooks take automation one step further and deliver up-to-date, relevant details directly to the user,” said Scott Happ, president, Black Knight Secondary Marketing Technologies. Click here to nominate yourself or an industry colleague to be part of the 2021 Tech100 Selection Committee.

Mortgages 236

Mortgages Lending Loans Investor 236

The Close

MARCH 1, 2022

If you want to climb the success ladder in the real estate industry, you’ve got to deploy strategies that will create a steady stream of buyer clients. If you’re looking for a direct mail option that is easy to use, has a ton of design options, and won’t break the bank, definitely check out ProspectsPLUS! Related Article.

Agents 116

Agents MLS Closing As-is 116

HomeLight

APRIL 30, 2022

Buying a house is still one of the most stressful and time-consuming processes in the modern world, even with the advent of technology. Auction.com calls itself the nation’s largest online auction marketplace for foreclosure and bank-owned properties. Buyers bid and purchase properties in live events and online. Home insurance portals.

Closing 87

Closing MLS Pre-qualification Due diligence 87

HomeLight

JANUARY 31, 2022

If you are able to put at least 20% down toward the cost of your home and you use a conventional loan, you’ll avoid mortgage insurance , but will still need to pay the loan principal and interest on the home, homeowners insurance , taxes , and sometimes even HOA fees. Predicting these costs can feel overwhelming. Or some of them, anyway.

Loans 88

Loans As-is Mortgages Agents 88

Marco Santarelli

JANUARY 1, 2021

This city is the home of the US oil and gas industry and offers perennial employment opportunities. The primary drivers of the Las Vegas economy are tourism, gaming, and conventions, which in turn feed the retail and restaurant industries. Mining constitutes the mainstay of the region’s industrial sector. Houston, Texas.

Investor 138

Investor Residential Marketing As-is 138