Housing Wire

NOVEMBER 14, 2024

In the case of FOA — the current industry leader — the earnings results were robust. 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.

Investor 370

Investor Mortgages Bankruptcy Equity 370

Housing Wire

APRIL 16, 2024

Bellevue, Washington-based real estate investment firm Legacy Group Capital announced this week that it has acquired fintech company Rook Capital , a provider of home equity investment (HEI) products through its “Shared Value Investment” brand. Legacy is privately owned and terms of the deal were not disclosed. “As

Equity 459

Equity Investor Technology Industrial 459

Housing Wire

APRIL 2, 2025

Top-five reverse mortgage industry lender Finance of America (FOA) announced on Wednesday that it has promoted Jonathan Scarpati to the role of chief production officer. Scarpati previously served as the company’s senior vice president of wholesale lending. Im extremely honored to take on this new role as chief production officer.

Equity 307

Equity Finance Lending Branding 307

Housing Wire

DECEMBER 23, 2024

Over the past year, members of the reverse mortgage industry have been making a more concerted effort to connect with their counterparts in the forward mortgage space. And some reverse-only companies have aimed to establish firmer ties with the much larger forward mortgage industry. People are talking and want to hear more.

Lending 396

Lending Mortgages Industrial Finance 396

Housing Wire

OCTOBER 5, 2023

As the housing market suffers through a drought of home sales and related mortgage originations in the current high-rate environment, home prices and home equity continue to climb, helping to spark a revival of another sector — home equity lending and investment. billion, according to a review of bond-rating and industry reports.

Equity 448

Equity Purchase and sale agreement Marketing Lending 448

Housing Wire

FEBRUARY 21, 2025

In 2024, a key element for the reverse mortgage industry was a sense of newfound collaboration that many industry participants felt with forward mortgage players. But that has required leadership, and the leadership at MBA, I think, should be complimented for taking a fresh look at the product, the industry and the program.

Mortgages 342

Mortgages Branding Industrial Lending 342

Housing Wire

NOVEMBER 20, 2024

Chicago-based multichannel mortgage lender Rate , formerly known as Guaranteed Rate , has announced a shakeup in its reverse mortgage division’s leadership by appointing two longtime industry veterans to lead the company’s efforts with older borrowers.

Industrial 370

Industrial Mortgages Lending Loan Officer 370

Housing Wire

SEPTEMBER 6, 2023

The biggest combined brokerage company in the country in terms of all their brands, just said, ‘We’re out. Meanwhile, Steve Murray , the co-founder of RealTrends Consulting , said he believes the changes Anywhere proposed to make could mark the end of buyer broker compensation as we know it. “As

Industrial 448

Industrial MLS Agents Equity 448

Housing Wire

SEPTEMBER 23, 2024

Los Angeles area-based mortgage lender Premier Plus Lending announced last week that it is expanding into the senior-focused home equity market with a new division, Retirement Mortgage Solutions , which will include reverse mortgages and other home equity-based lending instruments.

Lending 448

Lending Mortgages Equity Loan Officer 448

Housing Wire

JULY 17, 2024

While the performance metrics for the reverse mortgage industry so far this year have not been anywhere near record-breaking, this also breeds ambition for participants to focus on ways they can renew their messaging about the product. And FOA is interested in carrying the baton formerly held by AAG.

Mortgages 448

Mortgages Marketing Finance Equity 448

Housing Wire

APRIL 22, 2025

Spector added that the company produced annualized operating return on equity of 15% that was “driven by continued strength in our servicing business and a solid contribution from our production segments despite elevated mortgage rates.” “We are uniquely positioned in the industry. Olympic and Paralympic teams.

Principal 304

Principal Loans Mortgages Equity 304

Housing Wire

SEPTEMBER 9, 2024

The brand includes Home Equity Conversion Mortgage ( HECM ) reverse mortgage products alongside refinances, proprietary jumbo options and HECM for Purchase (H4P) loans. With the Flex Payment Mortgage, Guild is looking to give the reverse mortgage product a new, fresh look and branding,” Cory said.

Mortgages 448

Mortgages VA loan Branding Loans 448

Housing Wire

JUNE 5, 2024

Our core focus is on creating a modern retirement that centers on home equity, and we will continue to make decisions that strengthen our platform and our ability to deliver for our customers, teammates, and investors,” she said. The news was first reported by National Mortgage News. Sieffert added that Fiore’s successor has been selected. “At

Finance 482

Finance Sales Equity Mortgages 482

Housing Wire

JUNE 30, 2021

Since RMD was founded by Aging Media Network President John Yedinak in 2007, the publication has focused on being an industry-led news source, offering a down-to-earth, personal and independent perspective on reverse mortgages. The values and strategy fostered by RMD’s founders and team align perfectly with HW Media’s values and strategy.

Mortgages 435

Mortgages Branding Equity Industrial 435

Housing Wire

JANUARY 11, 2021

LoanDepot , backed by private equity firm Parthenon Capital Partners, first announced plans to go public in September 2015 but canceled the IPO just hours before pricing, citing adverse “market conditions.” Thanks to our brand investment over time, we are also one of the most recognized brands in the industry today.

Branding 514

Branding Banks Loans Finance 514

Housing Wire

JUNE 10, 2024

We are proud of what we have built – a strong servicing platform with industry-leading cost and operational performance, multi-channel originations and asset management capabilities, and a technology-enabled global platform.” Other major brands under the company’s umbrella — including PHH Mortgage Corp. per share.

Branding 448

Branding Mortgages Loans Equity 448

Housing Wire

JULY 15, 2024

Data is a relevant and valuable tool for assessing where a business or an industry is at any given time. But looking deeper than the core numbers is essential, especially when considering the shifting realities and governing rules for an industry as intertwined between public and private interests as the reverse mortgage industry is.

Mortgages 433

Mortgages Industrial Loan Officer Branding 433

Housing Wire

FEBRUARY 14, 2024

As a result, homeowners either must sell their current home and suffer through double moves and short-term rentals to access the equity they’ve accrued, or they have to make contingent offers that require the sale of their current house to close. HW: How has the proptech space evolved in the last 5-10 years?

Backup offer 448

Backup offer Loan Officer Home sale contingency Branding 448

Housing Wire

AUGUST 17, 2022

Massachusetts-based Volly is a provider of marketing, customer engagement strategies and lending technologies for the mortgage industry. The company’s platform also includes a marketing portal for brokers that offers personalized branding and compliance technology. It was named a HousingWire Tech100 company in 2021 and 2022.

Technology 397

Technology Lending Equity Branding 397

Housing Wire

JULY 19, 2024

We specialize in non-agency loans, including bank statement loans, government lending, new construction and renovation products, and HELOCs , positioning us as a leader in the industry.” Marketing support: White-label materials for brokers to brand and market their services along with a mortgage trigger lead pass-back program.

Lending 466

Lending New Construction Renovation Banks 466

Housing Wire

AUGUST 12, 2020

This article was written for FinLedger, HW Media’s new fintech-focused news brand designed specifically for financial services professionals in banking, insurance and real estate. The mortgage industry has been moving in the direction of being more digital. Stay tuned for updates. billion, making it officially a unicorn.

Loans 508

Loans Banks Loan Officer Branding 508

Housing Wire

JULY 2, 2024

After the reverse mortgage industry’s key performance metrics rallied in May, June fared slightly worse than previously telegraphed by case number assignments. Home Equity Conversion Mortgage (HECM) endorsements fell by 14.4% Equity takeout” loans — reverse mortgages that are neither purchases nor refinances — dropped by 4.8%

Mortgages 434

Mortgages Equity Loans Loan Officer 434

Housing Wire

JANUARY 9, 2025

The Consumer Financial Protection Bureau (CFPB) in December released its 2023 Mortgage Market Activity and Trends report, which included a brief look at activity from the reverse mortgage industry based on Home Mortgage Disclosure Act (HMDA) data from 2023. Mutual of Omaha Mortgage was No.

Mortgages 366

Mortgages Finance Branding Lending 366

Housing Wire

JANUARY 22, 2024

Mortgage servicing is the last and toughest mile of mortgage industry modernization, and Sagent’s technology, team, and industry expertise make it the best software partner for America’s servicers,” said Marshall. Marshall joined Sagent’s board under the terms of the transaction.

Technology 446

Technology Banks Equity Branding 446

Housing Wire

MARCH 2, 2021

The transaction is expected to provide up to $645 million in cash proceeds and a fully committed private investment in public equity (PIPE) of $300 million. Up to $345 million of cash will be held in Capitol’s trust account. ” Doma saw revenues of $179.8 million in 2019 and $189.7

Title 452

Title Equity Principal Branding 452

Housing Wire

JANUARY 31, 2024

This is according to an interview with Sieffert featured on “ Ten Minute Talks ,” an interview series hosted by HousingWire President Diego Sanchez featuring mortgage or real estate leaders in the industry growing their businesses during a difficult housing market. It already is in other countries, so that’s our reason for being.”

Mortgages 445

Mortgages Finance Equity Industrial 445

Housing Wire

JULY 1, 2024

Many of this year’s winners mentor women in the industry, paving the way for a new generation of leaders. Others lead volunteer programs for their employees or serve on advisory boards that shape industry practices. This year marks the 15th year of this award program.

Lending 493

Lending Technology Mortgages Equity 493

Housing Wire

FEBRUARY 8, 2021

Thanks to our brand investment over time, we are also one of the most recognized brands in the industry today. billion in marketing and promotion of its brand. “We now possess roughly 3% market share of annual mortgage origination volumes, which makes up part of the $11T total addressable market.

Lending 482

Lending Branding Mortgages Loans 482

Housing Wire

SEPTEMBER 17, 2024

Industry-leading reverse mortgage lender Finance of America (FOA) on Tuesday announced updates and new details for a previously announced exchange offer , which would swap current investor bonds due in 2025 with new bonds due one to four years later. The company also unveiled a series of new TV spots with former AAG spokesman Tom Selleck.

Commercial 432

Commercial Finance Branding Principal 432

Housing Wire

JANUARY 22, 2024

After a year of challenge in the reverse mortgage industry, the major lenders in the industry look a bit different for calendar year 2023 when compared with recent years past. Reduced volume, a challenging mortgage rate environment and industry consolidation has contributed to some of the broader changes.

Mortgages 459

Mortgages Finance Industrial Equity 459

Housing Wire

SEPTEMBER 13, 2024

But instead of slashing my commissions, cutting my marketing budget and panicking, I put in the sweat equity to find ways to thrive. How many have significant enough equity gains from the last few years to make trading up to a bigger or better home possible? As a top-producing agent during the 2008 recession, I was unprepared.

Agents 448

Agents Branding Equity Design 448

Housing Wire

APRIL 3, 2024

The company arrived at the new name after what it called “a rigorous research and brand strategy development analysis,” adding it “believes its new name reflects the capabilities of a hard-working team with a can-do attitude and problem-solving culture.

Branding 444

Branding Mortgages Staging Equity 444

Housing Wire

MAY 9, 2024

Despite a challenging operating environment and broader concerns among industry professionals about connecting with new borrowers, the reverse mortgage industry’s key performance indicators showed improvements last month. Home Equity Conversion Mortgage (HECM) endorsements increased by 2.3%

Mortgages 417

Mortgages Finance Equity Principal 417

Housing Wire

FEBRUARY 1, 2023

This includes making payments, analyzing and adjusting tax and insurance escrow accounts in real-time, requesting and processing help for hardships, and viewing and taking action on home value and available home equity. and see the same data their customer is seeing.

Mortgages 493

Mortgages Technology Investor Equity 493

Housing Wire

FEBRUARY 15, 2024

Additionally, unprecedented litigation efforts against agent commissions have crippled the industry since last fall. Schneider also highlighted the performance of the Sotheby’s International Realty brand, which stood out by posting a higher year-over-year volume in Q4 2023. According to the National Association of Realtors , 4.09

Marketing 435

Marketing Branding Brokerage Sales 435

Housing Wire

APRIL 1, 2021

The Gilbert Family Foundation claims this will preserve roughly $400 million in wealth and home equity in the city. In late 2020, as the stock struggled despite industry-record profits , Rocket announced it would pay a special $1.11 The company will have prominent branding on Paretta Autosport ‘s No. 16 Chevrolet.

Equity 435

Equity Branding Mortgages Sales 435

Housing Wire

MARCH 17, 2021

Building brand equity became first and foremost…we really tried to define at the most granular level what our strengths, weaknesses, opportunities, and threats were in order to shape our direction forward.”. As the ominous gloom of 2020 unfolded, almost every company in every industry had to adapt to a new way of doing business.

Marketing 393

Marketing Branding Equity Mortgages 393