Housing Wire

OCTOBER 22, 2024

Guaranteed Rate Affinity announced a promotion on Tuesday as the joint venture company named 22-year industry veteran Mark Rawls as vice president of mortgage lending. Rawls’ prior experience spans several companies — including Movement Mortgage and WR Starkey Mortgage.

Lending

Housing Wire

JULY 18, 2025

A newly released NextGen Homebuyer Report — compiled by National Mortgage Insurance and financial literacy nonprofit FirstHome IQ — highlights how Gen Z and millennials are creatively navigating a changing real estate landscape. Only 40% of respondents said they trust banks — a sharp drop from 61.5%

Loan Officer

Housing Wire

NOVEMBER 20, 2024

In August 2023 , the bank disclosed it was under investigation by the Department of Housing and Urban Development (HUD) after the nonprofit organization filed a complaint alleging violations of the U.S. and we are honored to support these efforts through our loans, investments and grants.”

Loan Officer

Housing Wire

MARCH 3, 2025

Union Home Mortgage (UHM) on Monday announced its acquisition of Nations Reliable Lending , aka NRL Mortgage. By coming together, we expand the reach of that promise further, while also continuing to build a unique workplace culture in the mortgage industry,” UHM CEO Bill Cosgrove said in a statement.

Mortgages

Housing Wire

APRIL 22, 2025

Today’s mortgage lending environment is shifting rapidly. Purchase loans are now outpacing refinances, and interest rates are reaching the stratosphere. However, one mortgage company is in a prime position to transform the market and deliver value to mortgage professionals. The goal is simple yet profound.

Lending

Housing Wire

MARCH 11, 2025

Federally registered broker and correspondent lender Milestone Mortgage Solutions has acquired Willow Home Loans and is looking to join the $1 billion origination club this year. ” Russell Petty, the founder of North Carolina -based Willow (formerly Grow Mortgage), said he expects to do $1 billion in origination volume in 2025.

Loans

Housing Wire

NOVEMBER 13, 2024

Movement Mortgage has named Steve Smith, a mortgage veteran who most recently served as Movement’s executive advisor, as its new president and chief financial officer. compared to the same period last year, according to Inside Mortgage Finance (IMF). The announcement was made Wednesday.

Mortgages

Housing Wire

NOVEMBER 14, 2024

CrossCountry Mortgage , a top-10 U.S. mortgage lender, has hired a team of former Pennymac Financial Services executives to lead its capital markets and investment-related activities. During that time, he helped with credit risk transfer transactions and the first mortgage servicing rights (MSR) securitizations.

Mortgages

Housing Wire

APRIL 21, 2025

Veteran mortgage executive Randell Gillespie has been named president of Kansas City -based mortgage shop LeaderOne. Gillespie joins LeaderOne following a long stint at Thrive Mortgage and Lower , which merged in early 2024. According to Home Mortgage Disclosure Act data , LeaderOne originated $1.32 billion last year.

Loan Officer

Housing Wire

MAY 19, 2025

In November, Chicago-based mortgage lender Rate formerly known as Guaranteed Rate announced that it was revamping its dedicated reverse mortgage division by appointing two longtime industry veterans to lead its efforts with older borrowers. That means expanding the distribution footprint for the reverse division.

Mortgages

Housing Wire

MAY 20, 2025

John Toohig stood at a podium as the moderator of a panel about home equity lines of credit (HELOCs) and asked an illustrative question of the audience of mortgage professionals. How many of you have a mortgage first lien, 30-year with a 4% coupon or lower? But according to panelist Julian Grey of ICE Mortgage Technology, theres $17.6

Equity

Housing Wire

JUNE 24, 2025

Williston Financial Group (WFG) announced the release of a new digital tool through subsidiary Volly that aims to enhance collaboration between mortgage loan officers and real estate agents. Volly added that the system is scalable and supports the retail and wholesale lending channels, as well as mortgage brokers.

Loan Officer

Housing Wire

MARCH 24, 2025

26 in Dallas, provided valuable insights into the forces shaping the mortgage and housing markets in 2025. Logan Mohtashami, an expert in the mortgage and housing ecosystem and lead analyst for HousingWire, set the tone with this optimistic message. The HousingWire Economic Summit, held Feb. The worst is behind us. 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. Last week, our first class was led by Jen Peachman from GVC Mortgage. 15 and goes until the end of April, Hoffman told HousingWire.

Banks

Housing Wire

OCTOBER 30, 2024

When asked whether loan buybacks were a more significant issue last year than now, Freddie Mac executive Sonu Mittal says emphatically, “It depends on who you ask.” Mittal spoke to HousingWire this week during the Mortgage Bankers Association (MBA)’s Annual Conference and Expo in Denver. points,” Mittal said. “If

Debt-to-income ratio

Housing Wire

OCTOBER 23, 2024

UWM has debuted a new cash-out refi product without mortgage insurance. United Wholesale Mortgage (UWM) has the mortgage industry abuzz over its latest product, a higher-risk, cash-out refinance at a time of economic uncertainty. Loan amounts, however, cannot exceed conforming limits. Is the juice worth the squeeze?

Equity

Housing Wire

DECEMBER 4, 2024

Top 10 mortgage lender Rate — previously known as Guaranteed Rate — announced a new promotion on Wednesday. The company named veteran mortgage professional Connie Lindsay as its senior vice president of mortgage lending in Washington state. Most recently, Lindsay served as a mortgage loan officer at U.S.

Lending

Housing Wire

MARCH 7, 2025

Union Home Mortgage (UHM) on Friday announced two changes to its executive leadership team, just days after the company grew its footprint through the acquisition of NRL Mortgage. Ohio -based UHM promoted Brian Smith to chief operating officer of retail lending and hired David Alonzo as its chief technology officer.

Mortgages

Housing Wire

JULY 22, 2025

Seattle-based HomeStreet Bank has agreed to sell its $794 million Ginnie Mae loan servicing portfolio to an undisclosed “experienced” buyer, the company announced in a regulatory filing. the bank’s parent company, prepares to merge with Mechanics Bank in an all-stock business combination announced in March.

Banks

Housing Wire

DECEMBER 16, 2024

In an evolving mortgage market, mergers and acquisitions could give mortgage company owners opportunities to achieve growth and avoid challenges. In the first episode , Hanson explains how an owner can decide on selling a mortgage company to avoid potential market challenges in the future.

Loan Officer

Housing Wire

MAY 13, 2025

At the core of this strategy is Better s AI loan assistant, Betsy , which executed 127,000 consumer interactions in March. Another notable factor in accomplishing all three goals is Better’s partnership with NEO Home Loans , announced in January. “In January, we funded $2 million of loans for four families. .”

Purchase and sale agreement

Housing Wire

MARCH 18, 2025

Had things worked out differently, Monday would have been Michael Brennan’s 10-year anniversary at Movement Mortgage , a company he thought he’d work at until retirement. Like other mortgage lenders, Movement’s executives have had to focus on cost-cutting to return the business to profitability. NMB did about $1.6

Loan Officer

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

MARCH 6, 2025

Real also added head count to its nascent mortgage business. It started 2024 with 18 loan officers and finished the year with about 90. This allowed the company to grow its mortgage revenue from $1.2 The company said about 40 independent brokerages with about 2,200 agents in total joined under these terms.

Brokerage

Housing Wire

MAY 7, 2025

And if Craig Ungaro’s experience is any indication, the dynamic will pose a very different challenge for independent mortgage banks. Not many are fixated on the LO compensation rule, although every one of them do want to know about your policies, Ungaro, the veteran chief operating officer of AnnieMac Home Mortgage , said.

Mortgages

Housing Wire

JUNE 27, 2025

Fannie Mae has launched an AI-powered Crime Detection Unit in partnership with Palantir Technologies to achieve what FHFA/Fannie/Freddie chief Bill Pulte has called “something big on mortgage fraud.” So with equal parts excitement and foreboding, this is what I see Palantir bringing to the mortgage fraud fight. So what is that?

Loans

Housing Wire

NOVEMBER 4, 2024

Mortgage butterflies As confident and comfortable as I was in the home search process and the paperwork involved in signing on with an agent, I was not feeling great about the mortgage preapproval and application process. But in another stroke of luck, I have a cousin who is a loan officer at Guild Mortgage.

Purchase and sale agreement

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. Interested in learning more?

Property Management

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. Today, we’ll round out the rest of the top 10 based on data from mortgage recruiting software provider Modex. #6: 6: Jacob Flax, Caliver Beach Mortgage, $76.17 The Money House Inc. ,

Mortgages

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. However, this assumption is dangerous. Regulation is not disappearing its shifting.

Lending

Housing Wire

FEBRUARY 19, 2025

Denver-based loan originator Chris Franquemont announced on Wednesday his return to Guaranteed Rate as producing branch manager. His return follows a brief stint with CrossCountry Mortgage. The top-producing loan officer brings a proven track record of high-volume production and financing solutions for borrowers.

Loan Officer

Housing Wire

JANUARY 31, 2025

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. We’re excited to welcome him to the Evergreen Home Loans family.” His career began in 1989 as a loan officer with Norwest Mortgage.

Loans

Housing Wire

NOVEMBER 25, 2024

One such solution includes the Edge Platform —designed to survey loan portfolios and identify recapture opportunities based on current mortgage rates. It’s the quintessential function of a mortgage servicer. A mortgage servicer collects payments from an asset and repays the investor.

Loans

Lighter Side of Real Estate

APRIL 16, 2025

Lenders Are Lookin at LinkedIn and Maybe More Most buyers know the basics when it comes to getting ready for a mortgage. They check their credit score, save up for a down payment, and gather all the necessary documentation like bank statements and tax returns. All good things to have in order. What Are Lenders Looking For, Exactly?

Mortgages

Housing Wire

OCTOBER 15, 2024

Brian McKinney, formerly the CEO of Benchmark Mortgage (a dba of Ark-La-Tex Financial Services ), has joined PrimeLending in a newly created executive position. billion in mortgages over the past year, according to Modex data, and it has made no bones about tapping high-volume loan officers in targeted locations to gain market share.

Loan Officer

The Mortgage Report

JULY 24, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? How Much Home Can I Afford? Are these approaches worth it?

FHA 203k rehab loan

Marco Santarelli

MAY 19, 2025

Looking for the states with the lowest mortgage rates today? On May 19, 2025 , the states boasting the cheapest 30-year new purchase mortgage rates are New York, California, Florida, Colorado, Tennessee, Texas, Georgia, North Carolina, and Washington. State-Level Regulations: Mortgage regulations vary significantly from state to state.

Mortgages