Housing Wire

FEBRUARY 21, 2024

Regarding other initiatives, Gordon said the FHA is “also hoping soon to put out our servicing defect taxonomy ” and, in the near future, will be releasing a mortgagee letter for the 203(k) renovation loan program. Since March 2020, lenders and servicers have provided borrowers with nearly 1.9 million COVID-19 loss-mitigation actions.

Principal 430

Principal Loans Mortgages Renovation 430

Housing Wire

AUGUST 4, 2022

Jay Farner, vice chairman and CEO of Rocket Companies, said the company introduced new lending programs, forged new mortgage partnerships, launched the solar business and expanded the brand to Canada during the quarter. billion in closed loans from April to June, down from $83.7 In the second quarter, however, the company generated $1.4

Principal 410

Principal Lending Branding Loans 410

Housing Wire

JANUARY 10, 2022

The lender’s new broker division brand identity was updated across all of its platforms, including its website and social media channels. 30, 2021, the lender’s production of newly originated loans totaled $257 billion in unpaid principal balance, while its serviced loans totaled $495 billion in unpaid principal balance.

Principal 384

Principal Lending Technology Loans 384

Housing Wire

MAY 7, 2024

Finance of America Companies (FOA), which controls the outgoing brands Finance of America Reverse (FAR) and American Advisors Group (AAG), recorded a net loss under generally accepted accounting principles (GAAP) of $16 million in Q1 2024 and an adjusted net loss of $7 million for the quarter, according to a recently released earnings report.

Branding 429

Branding Finance Principal Loans 429

Housing Wire

AUGUST 12, 2024

Same great company, same great people, but we’ve got a new, fresh brand,” Ellsworth said in an interview with HousingWire ’s Reverse Mortgage Daily (RMD). “When brokers work with American Senior Lending Wholesale Division, they benefit from our internal account executives, who are mostly licensed loan officers.

Lending 430

Lending Loan Officer Branding Principal 430

Housing Wire

SEPTEMBER 1, 2023

Name Job Title Company Name Aaron Kardell Vice President of Product Lone Wolf Technologies Aayaam Kapoor Vice President of Product and Agency Real Estate Webmasters Amaly Quiroz Vice President of Transaction Operations eXp Realty Amy Gorce CEO REdistribute Andrew Binkley President Constellation Real Estate Group Ankur Bansal President of HomeLight (..)

Technology 450

Technology Title Development Lending 450

Housing Wire

APRIL 1, 2021

How lenders will benefit from Proctor Financial’s acquisition of Loan Protector. HW+ Managing Editor Brena Nath joins Proctor Loan Protector executives Damon Laprade and Mike Dimas to discuss the acquisition and the new brand, Proctor Loan Protector. Presented by: Proctor Loan Protector.

Brokerage 389

Brokerage Principal Loans Residential 389

Housing Wire

JANUARY 26, 2022

Philadelphia-based private equity firm LLR Partners announced Tuesday its investment in Sales Boomerang and Mortgage Coach , two fintechs focused on attracting and retaining mortgage borrowers and making loan originators more efficient. Both firms will maintain their existing brands and teams. LLR Partners, which led a $26.5

Investor 364

Investor Sales Mortgages Loan Officer 364

Housing Wire

DECEMBER 7, 2023

Watch Now The challenge and power of updating your brand Speaker: WeiLing Jang, Chief Marketing Officer, CoreLogic. Watch Now Wednesday CEO Playbook Loan Depot Speakers: Frank Martel, CEO, loanDepot.

Principal 409

Principal Title Lending Branding 409

Housing Wire

MAY 1, 2023

Name Job Title Company Name Alayna Gardner Director of Sales and Marketing LodeStar Software Solutions Alex Boand Managing Director of Correspondent Group Sales Pennymac Alison Flinn Chief of Staff Development Amherst Amanda Morrow Director of Investor Relations Atlantic Bay Mortgage Company Andres Munar Owner and President Co/LAB Lending Andrew Jewett (..)

Loan Officer 370

Loan Officer Principal Title Lending 370

Housing Wire

JULY 1, 2024

Name Job Title Company Name Ali Haralson President Auction.com Amy Jo Plummer Vice President of Customer Experience Maxwell Anita Blue President LGBTQ+ Real Estate Alliance Candy Nowak Chief Credit Officer CMG Financial Cecilia Choy Chief Operating Officer ICE Mortgage Technology Cerita Battles Head of Community & Affordable Lending Chase Charis (..)

Lending 473

Lending Technology Mortgages Equity 473

Housing Wire

APRIL 24, 2024

Engagement team goals Schmidt explained that, considering the size of the reverse mortgage business relative to the forward side, finding a way to bring the broader community of loan originators into the fold is a priority. “I Technically, it encompasses brokers, principal agents and closed loan sellers,” he said. “We

Mortgages 409

Mortgages Loan Officer Loans Principal 409

Housing Wire

JANUARY 17, 2024

But unlike financing with a traditional mortgage, monthly principal and interest payments are not required on the loan, so long as the homeowner keeps up to date with real estate taxes, homeowners’ insurance and property maintenance. They own the home with their name on the title, as with any mortgage, traditional or reverse.

Finance 458

Finance Seller concession Loan Officer Loans 458

Housing Wire

MAY 5, 2021

Closed loan volume in the first quarter increased to $41.5 ” During the call, Hsieh spoke to the brand awareness effort the lender has embarked on. The additional increase is related to higher direct expenses from record loan originations, additional personnel expenses and marketing costs. billion from $37.4

Marketing 342

Marketing Technology Branding Loans 342

Housing Wire

JANUARY 4, 2024

Endorsement volume falls slightly While not a pronounced drop, HECM endorsements fell 3% to end the month with 2,190 loans, but that general drop came with a few notable exceptions according to RMI. million of [unpaid principal balance (UPB)] that may not otherwise have been issued in December.” This is a different situation.”

Mortgages 449

Mortgages Bankruptcy Principal Industrial 449

Housing Wire

FEBRUARY 24, 2022

The Detroit-based company, with a ready-built infrastructure and top-notch brand recognition, was uniquely positioned to absorb historic mortgage demand as others struggled to get out of the gates. billion in loan originations, down 30% compared to the same period of 2020 and 13% compared to the third quarter of 2021. Rocket has 2.6

Mortgages 384

Mortgages Principal Loans Branding 384

Housing Wire

JANUARY 12, 2024

As a marketer by profession, I tend to put these companies into categories to create a narrative and to develop brand specificity. Principal among these are: Invested capital “requires” the highest return. I’ve been involved in this area for about eight years and have the pleasure of advising several leading companies. Investors’ No.

Finance 419

Finance Residential Principal Development 419

Housing Wire

AUGUST 2, 2021

Principal and Chair, Financial Instituions Regulatory Practice Group. SVP, Loan Administration. Realogy Expansion Brands. Bay Equity Home Loans. Evergreen Home Loans. Courtney Poulos. Broker/Owner; Co-Founder. ACME Real Estate; ACME Real Estate Florida. Cristy Ward. Chief Strategy Officer. Mortgage Connect.

Title 397

Title Lending Finance Technology 397

Housing Wire

AUGUST 3, 2023

billion in sold loans through its direct-to-consumer channel and $9.6 HousingWire recently published a deep-dive feature on whether Rocket’s accelerated efforts of hiring local loan officers represented a shift in the lender’s strategy. “As million loans service, with approximately $500 billion in unpaid principal balance.

Loans 368

Loans Loan Officer Mortgages Principal 368

Housing Wire

MAY 9, 2024

Refi is generally going to happen where home price appreciation has been the strongest for the past several years, which can outpace the decline in principal limit factors from higher interest rates,” he said. “I’d It created $155 million in new issuance, outdoing its March figure by $15 million.

Mortgages 386

Mortgages Finance Equity Principal 386

Housing Wire

JULY 7, 2021

Mortgage servicing, origination and transaction-based services company Mr. Cooper Group announced on Tuesday the sale of its reverse mortgage servicing portfolio – operating under the Champion Mortgage brand – to Mortgage Assets Management (MAM).

Sales 397

Sales Mortgages Branding Principal 397

Housing Wire

AUGUST 1, 2023

Name Job Title Company Name Agnes Standowicz Senior Vice President and Head of Underwriting United Wholesale Mortgage Alayna Gardner Director of Sales and Marketing LodeStar Software Solutions Ali Haralson President Auction.com Amanda Tucker Chief Risk and Compliance Officer Atlantic Bay Mortgage Company Amy Gromowski Executive of Science and Analytics (..)

Lending 370

Lending Title Mortgages Equity 370

Housing Wire

FEBRUARY 3, 2022

California-based nonbank mortgage lender Pennymac Financial Services posted record loan production last year, but a significant decline in net profits. billion in unpaid principal balance, a reduction of 13% from the previous quarter and 11% compared to the same period of 2020. In loan service, it is at 4.1%.

Lending 302

Lending Principal Technology Loans 302

Housing Wire

AUGUST 2, 2023

billion of consumer loans from Goldman Sachs and purchased 371 newly built single-family rental properties from Lennar. And quite frankly, we just think the timing is right now with the scale and what the team has done around with the New Rez brand and obviously the Caliber acquisition.” ” Servicing contributed $357.3

Mortgages 358

Mortgages Banks Equity Principal 358

Housing Wire

FEBRUARY 27, 2025

billion in closed loan origination volume, a 29% increase from a year ago. “We have momentum heading into 2025 with the launch of our unified Rocket brand and Rocket.com platform. billion of corporate cash used to self-fund loan originations, $3.3 million loans at the end of 2024, up 13% year over year.

Loans 243

Loans Equity Principal Commercial 243

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. And in July, it announced its formal launch of Orchard Home Loans. They can work with any lender of their choice, including Orchard Home Loans.

Title 305

Title Branding Principal Loans 305

RIS Media

JULY 30, 2021

On April 28, 2021, the company used cash on hand to pay down $150 million of the Term Loan B Facility, reducing the principal amount of that facility to $240 million. In June 2021, the company issued $403 million principal amount of 0.25% exchangeable senior notes due 2026. The company’s net debt leverage ratio was 2.5x

Branding 105

Branding Principal Title Equity 105

The Close

NOVEMBER 25, 2024

They usually find financing through hard money lenders or loans made just for flipping houses. The two main ways to dive into the house-flipping game are: Hard money loans : These loans offer faster approval and funding times than traditional mortgages. It’s common for flippers to aim for an ROI of 20%.

House Flipping 98

House Flipping Renovation Finance Banks 98

RIS Media

AUGUST 13, 2021

– Mortgage revenue, which includes residential loan origination and underwriting services, was $1.5 The increase in G&A principally related to acquisitions, public company costs and continued investments in growth. The post Brand Report: Fathom Realty Releases Q2 Earnings Data appeared first on RISMedia.

Branding 98

Branding Technology Brokerage Principal 98

The Close

MAY 6, 2025

Given these, it has one of the best home renovation loans for homeowners and real estate investors wanting financing for large rehabs. Borrow up to 90% of a homes after-repair value (ARV) Visit Renofi RenoFi stands out as one of the best home remodeling loans because of its high potential loan amount of up to $750,000.

Loans 45

Loans Renovation Equity Finance 45

HomeLight

JANUARY 31, 2022

You’re thinking about buying a house, but you aren’t sure what your mortgage loan (or monthly payment ) will look like. Still, to make your dream a reality, determining how to estimate a mortgage loan and how much you can spend is something you’re going to have to do. Source: (sarah b / Unsplash). as a down payment.

Loans 98

Loans Mortgages FHA loan Principal 98

HomeLight

MAY 31, 2021

I want to pay my loan off in five years” is good, but setting a specific date is even better; it gives you something tangible to aim toward and look forward to. To calculate your DTI, lenders tally up your monthly debt payments — such as student loans, car payments, and credit card payments — and add in your new mortgage payment.

Mortgages 81

Mortgages Principal Loans VA loan 81

HomeLight

AUGUST 27, 2020

Which means you have a brand-new responsibility, a mortgage payment. At closing, you will have to prepay the interest on your loan for the days when you own the house but have not yet made a payment. Your first mortgage payment will include the principal and the interest for the first full month that you own the home.

Mortgages 98

Mortgages Principal Closing Loans 98

RIS Media

MARCH 28, 2022

A brand-new report from the Mortgage Bankers Association (MBA) says homebuyer affordability decreased in February, with the national median payment applied for by applicants jumping 8.3% The national median mortgage payment for FHA loan applicants was $1,201 in February, up from $1,142 in January and $1,009 in February 2021.

Mortgages 98

Mortgages FHA loan Fixed-rate mortgage Principal 98

The Close

AUGUST 9, 2022

Download Your Free Branding Guide. Additionally, if the relinquished property has a mortgage loan outstanding on it, the replacement property must have equal or greater debt. A “like-kind” property cannot be used as a principal residence or a vacation home for longer than 14 days in a given year. Principal Residence.

Purchase and sale agreement 105

Purchase and sale agreement Principal Investor Title 105

HomeLight

DECEMBER 30, 2021

We’ll also hear from Richie Helali of HomeLight Home Loans for an inside scoop on the loan-related documents for buying a house. Loan Estimate. A Loan Estimate is a document provided by your lender that includes the terms of your mortgage loan and an estimate of your closing costs. Grab a pen and let’s review!

Purchase and sale agreement 98

Purchase and sale agreement Title Seller disclosure Closing costs 98

Marco Santarelli

AUGUST 8, 2024

Refinancing replaces your existing mortgage with a brand new one, and you can typically choose a new loan term, which could be another 30 years. However, this doesn't mean you're throwing away the years you've already invested in your current loan. A loan term refers to the length of time you have to repay your mortgage in full.

Mortgages 52

Mortgages Debt-to-income ratio Equity Loans 52