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FHA institutes new payment supplement partial claim

Housing Wire

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 380
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Reverse mortgage veteran offers advice for bringing new partners aboard

Housing Wire

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

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HousingWire Annual 2023 On Demand

Housing Wire

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 367
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Rocket’s profits drop dramatically to $60M in Q2 2022

Housing Wire

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 406
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Announcing the 2023 HW Insiders!

Housing Wire

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 (..)

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Sales Boomerang and Mortgage Coach merge

Housing Wire

A unified name has not yet been determined and Sales Boomerang and Mortgage Coach will continue to operate as distinct brands, for now, the companies said. In January, Sam Ryder, principal at LLR Partners, cited the companies’ solutions products as the reason for the capital investment.

Sales 381
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PennyMac launches new tech platform in broker channel rebrand

Housing Wire

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 347