Housing Wire

APRIL 18, 2025

Reverse mortgages have a minimum age requirement that serves as a key differentiator for the product. But things seemed to take a step forward last week when one of the leading lenders in the space, Fairway Independent Mortgage Corp. announced that it was implementing hybrid e-closings into its reverse mortgage processes.

Technology 339

Technology Mortgages Industrial Finance 339

Housing Wire

NOVEMBER 7, 2024

Guild Mortgage CEO Terry Schmidt said during a third-quarter earnings call on Wednesday that Guild’s reverse mortgage division continues to contribute to companywide strategies, and that additional interest in reverse has been observed. We service most of our own loans on the traditional side as well as the reverse side.

Mortgages 370

Mortgages Equity Lending Branding 370

Housing Wire

OCTOBER 18, 2024

In this week’s episode of the Power House podcast , HousingWire President Diego Sanchez speaks with Steve Jacobson, CEO of Fairway Independent Mortgage Corp. The duo also discusses Fairway’s status as a top 15 mortgage lender even after its decision to leave the wholesale channel. As consumers, we expect instant everything.

As-is 447

As-is Loan Officer Loans Mortgages 447

Housing Wire

NOVEMBER 14, 2024

With several top 10 reverse mortgage lenders now active in some form within the U.S. 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

MAY 8, 2024

Nonbank lender Panorama Mortgage Group (PMG) launched a new program that allows first-time homebuyers to take out a loan with a 1% down payment , the company announced on Wednesday. Founded in 2007 in Las Vegas , Panorama originated from Alterra Home Loans , which carved out a niche by catering to first-time Hispanic homebuyers.

Loans 432

Loans Mortgages Lending Branding 432

Housing Wire

OCTOBER 22, 2024

The third-quarter financials for Pennymac Financial Services illustrate the double-edged sword of declining interest rates for mortgage companies. It can improve loan production and acquisitions but hurt their servicing portfolios. In total, loan acquisitions and originations had an unpaid principal balance (UPB) of $31.7

Principal 435

Principal Loans Mortgages Lending 435

Housing Wire

FEBRUARY 6, 2025

Rithm Capital , which owns multichannel mortgage lender Newrez , built upon its success in 2023 with net income of $835 million in 2024. billion in consumer loans from Goldman Sachs while also closing a deal to purchase Sculptor Capital Management and its $33 billion in assets under management. In 2023, it acquired $1.4

Loans 403

Loans Equity Principal Mortgages 403

Housing Wire

MARCH 10, 2025

… So when you look at Rocket’s strength in mortgage with Redfin’s leadership and home search and brokerage, what we’re doing is simply allowing our broker network to get access to a bigger ecosystem,” Krishna elaborated. ” “We think about it more like opportunity.

Branding 418

Branding Brokerage Commercial Title 418

Housing Wire

MARCH 5, 2025

1 loan originator in the country by volume for at least five years, is assuming the role of president at Rate Mortgage , the company announced Tuesday. 8 on the Inside Mortgage Finance ranking of top originators at just under $40 billion. 1 mortgage company in America. Shant Banosian, ranked the No.

Loan Officer 435

Loan Officer Loans Technology Mortgages 435

Housing Wire

APRIL 16, 2025

Rocket Companies made a major move this week by integrating Rocket Pro TPO with ARIVE , a leading software platform used by mortgage brokers. Its another path for them to come to us ARIVE offers a platform that includes a loan origination system, a consumer point-of-sale interface, a pricing engine and a marketplace of wholesale lenders.

Loan Officer 301

Loan Officer Loans Mortgages Branding 301

Housing Wire

APRIL 30, 2025

If the mortgage industry had a mantra at the start of last year, it was something like: Just survive to get to 2025. But now heres 2025, and its clear that mortgage rates arent falling the way wed hoped, and the market is going to take more time than we thought to find its new normal.

Mortgages 195

Mortgages Industrial Loans Technology 195

Housing Wire

MARCH 14, 2025

Despite a drop in overall profitability in the fourth quarter of 2024, FOA, one of the nations leading reverse mortgage lenders, remains optimistic about the total addressable market for home equity-based retirement products and will continue to develop its offerings in 2025.

Branding 342

Branding Equity Lending Finance 342

Housing Wire

SEPTEMBER 9, 2024

Last week, Guild Mortgage announced a suite of products under the name “ Flex Payment Mortgage.” The brand includes Home Equity Conversion Mortgage ( HECM ) reverse mortgage products alongside refinances, proprietary jumbo options and HECM for Purchase (H4P) loans. It was recently listed as the No.

Mortgages 448

Mortgages VA loan Branding Loans 448

Housing Wire

MARCH 30, 2023

Donny Kirby, former vice president of national direct-to-consumer sales at Wyndham Capital Mortgage , spent more than 12 years at Charlotte, North Carolina-based company before leaving to start a mortgage broker shop, Cornerstone Home Loans. Connie Kim: You had a long run at Wyndham Capital Mortgage dating back to 2011.

Loans 418

Loans Mortgages Loan Officer Lending 418

Housing Wire

SEPTEMBER 9, 2022

Pennymac followed the tracks of Rocket Pro TPO and United Wholesale Mortgage in raising conforming loan limits ahead of the Federal Housing Finance Agency ‘s (FHFA) decision to do so in November. Official 2023 conforming loan limit changes will be determined by the FHFA announcement, she added.

Loans 435

Loans Finance Branding Mortgages 435

Housing Wire

MARCH 21, 2025

Rocket obviously has the moat in mortgage and Zillow has the moat in search and agent referrals, so it is not surprising to see Rocket make a move to expand its presence on the other end of the spectrum in home search and with that agent network. But Zillow has that recognizable consumer brand.

Loan Officer 277

Loan Officer Loans Mortgages Title 277

Housing Wire

SEPTEMBER 26, 2024

New York-based Simplist Technologies , which has developed a consumer-facing mortgage platform, introduced a new software solution on Thursday for mortgage professionals that combines a loan origination system (LOS) with a point-of-sale system (POS).

Mortgages 448

Mortgages Loans Technology Branding 448

Housing Wire

SEPTEMBER 19, 2024

Heartland Bank , the leading reverse mortgage lender in Australia and New Zealand , will rebrand its dedicated reverse mortgage division from “Heartland Finance” to “Heartland Bank” following a recent acquisition and a repositioning of its offerings. “We dollars. “The billion AUD, or roughly $1.2 billion USD.

Mortgages 448

Mortgages Banks Finance Branding 448

Housing Wire

SEPTEMBER 28, 2023

Jim Anderson Colorado-based lender Loan Simple brought on Jim Anderson as its new chief marketing officer. Anderson, who started the new role in September, will oversee all aspects of the firm’s marketing, branding and demand-generation efforts. Anderson won HousingWire’s Marketing Leader Award in 2021.

Loans 435

Loans Marketing Lending Finance 435

Housing Wire

JANUARY 24, 2025

Business-purpose residential mortgage lender Dunmor announced Thursday that it has received a minority equity investment from Newfi Lending , a nonagency mortgage lender owned by funds managed by Apollo Global Management. According to Dunmor, the investment is an extension of an original partnership initiated in June 2024.

Equity 364

Equity Lending Residential Branding 364

Housing Wire

NOVEMBER 15, 2024

One of the ways the reverse mortgage industry has aimed to position the potential value proposition for prospective borrowers is by the ability to use the loan proceeds to fund home modifications. Department of Housing and Urban Development (HUD) has also given attention to home modifications specifically for aging in place.

Design 435

Design Renovation Branding Development 435

Housing Wire

AUGUST 10, 2022

Nonbank lender Panorama Mortgage Group has added Texas-based Lone Peak Lending to its growing stable of brands. Lone Peak is the fourth lender to join Panorama this year, following the additions of Utah-based Rely Home Loans , Texas-based Prosperity Mortgage and Oregon-based Vision Mortgage Group.

Lending 448

Lending Mortgages Loan Officer Branding 448

Housing Wire

MAY 24, 2024

Movement Mortgage , a multichannel mortgage lender, has appointed Joe Thompson as its new regional director. Thompson, recognized as a HousingWire Rising Star in 2018 , will oversee more than 60 loan officers across Texas , Oklahoma and New Mexico.

Mortgages 447

Mortgages Loan Officer Renovation Loans 447

Housing Wire

AUGUST 10, 2022

Mortgage lender Celebrity Home Loans shut down its correspondent channel and laid off employees on Tuesday. Part of the financial services holding company Celebrity Financial, the Illinois-based Celebrity Home Loans is licensed in 48 states and has reached $21 billion in home loans since 2006, according to its website.

Loans 370

Loans Lending Branding Equity 370

Housing Wire

MARCH 1, 2024

In a fiercely competitive market , mortgage originators need to rethink everything to gain market share and become savvy. Adopting an educator-first mindset, coupled with a willingness to reach, assist, engage and nurture early-journey first-time homebuyers, are the defining attributes of a next-gen loan officer.

Loan Officer 448

Loan Officer Loans Marketing Title 448

Housing Wire

SEPTEMBER 9, 2024

added mortgage lending under its umbrella by acquiring mortgage brokerage company Be My Neighbor on Monday. Be My Neighbor will enable reAlpha to provide integrated mortgage services to consumers who utilize the reAlpha platform to purchase homes, reAlpha said. Publicly traded real estate software firm reAlpha Tech Corp.

Brokerage 456

Brokerage Mortgages Technology Branding 456

Housing Wire

APRIL 22, 2025

In our production segment, we acquired or originated nearly $30 billion in unpaid principal balance (UPB) of loans at higher note rates, which strategically positions our consumer direct division for significant growth when interest rates decline. ” Fees from fulfilling correspondent loans for PMT totaled $5.3

Principal 312

Principal Loans Mortgages Equity 312

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 447

Lending Mortgages Equity Loan Officer 447

Housing Wire

SEPTEMBER 19, 2022

SPS) has struck a deal to acquire certain assets of Texas-based Rushmore Loan Management Services LLC. “We believe that this combination of two highly rated and well-recognized brands will create a stronger company to better serve our customers, clients, regulators and associates,” Gandhi said in a press statement.

Loans 397

Loans Property Management Technology Branding 397

Housing Wire

APRIL 24, 2025

Better.com today announced a new partnership with Biz2Credit , which will provide Biz2Credits customers the option to receive $50,000 to $500,000 in additional financing options through Better.com s Home Equity Line of Credit ( HELOC ) and Home Equity Loan (HELOAN) products.

Finance 273

Finance Equity Land Branding 273

Housing Wire

SEPTEMBER 23, 2020

United Wholesale Mortgage , the largest wholesale lending firm in the country, is joining the blank-check company craze and will make its public debut via an acquisition. UWM’s move into the public markets follows that of rival Rocket Companies , the country’s largest mortgage lender by volume. billion profit.

Mortgages 542

Mortgages Lending Loans Equity 542

Housing Wire

NOVEMBER 16, 2023

CUSO Home Lending rolled out Dark Matter Technologies ’ Empower loan origination system (LOS) for its credit union owners.

Lending 435

Lending Technology Loans Branding 435

Housing Wire

SEPTEMBER 30, 2022

Many mortgage professionals are turning to the platform as a way to connect with prospective borrowers and educate them on mortgage, as well as market themselves. We spoke to UMortgage Branch Manager Arielle Best, known as the VA Loan Lady on TikTok, about the platform and how best to utilize it as a mortgage loan originator.

VA loan 435

VA loan Mortgages Loan Officer Branding 435

Housing Wire

MAY 31, 2022

Mortgage lenders and real estate investment firms this month entered tight housing markets in the Midwest and the Northwest to better reach prospective homebuyers, despite a challenging mortgage market. The expansion comes amid a surge in mortgage rates and declining loan origination volume.

Mortgages 397

Mortgages Loans Lending Construction 397

Housing Wire

JANUARY 20, 2025

Snyder: We were in the news for some of the mortgage company purchases we did last year. We actually need to manufacture the loan as quickly, compliantly and secure as possible and nothing more. To start the conversation, Sanchez asks a question about Lowers most recent acquisition. Could you tell us more about the Neat Labs purchase?

Technology 370

Technology Development Loans Branding 370

Housing Wire

NOVEMBER 15, 2024

Should the goal of marketing technology be to make it so that a loan officer never needs to log in? Or, should LOs be encouraged to engage with marketing tools as much as possible in order to help them build their own brand and connections? Those banks have since scaled back their role in the mortgage industry significantly.

Loan Officer 368

Loan Officer Loans Marketing Title 368

Housing Wire

MAY 2, 2024

parent company of PHH Mortgage Corp. and Liberty Reverse Mortgage , reported an overall improvement in its business performance for the first quarter of 2024 — including better reverse mortgage performance attributed to servicing and higher gains on loans held for sale. Ocwen Financial Corp.,

Mortgages 426

Mortgages Branding Loans Equity 426