Housing Wire

NOVEMBER 30, 2022

Each year, the TECH100 awards recognize the 200 most influential tech companies in mortgage and real estate that are working to improve the housing industry through tech innovation. The promises of technology have largely been lost in the mortgage industry and little has been done to reduce costs for homebuyers.”.

Industrial 369

Industrial Title Lending Technology 369

Housing Wire

SEPTEMBER 16, 2020

A well-qualified buyer these days can find a mortgage at historically low interest rates. But that’s not good enough for United Wholesale Mortgage CEO Mat Ishbia. So if the numbers work for them and they want the lowest rate , they can do that and the mortgage brokers can figure out what works for them and get that deal for them.

Mortgages 466

Mortgages Marketing Title Loans 466

Housing Wire

FEBRUARY 5, 2021

Fresh off its acquisition of Stearns , Guaranteed Rate has picked up Owning Corporation , a direct-to-consumer mortgage lender. Like virtually all residential mortgage lenders, Chicago-based Guaranteed Rate had its best-ever year in 2020, originating about $73 billion in mortgages. Presented by: Black Knight.

Loan Officer 421

Loan Officer Loans Closing costs Title 421

Housing Wire

NOVEMBER 8, 2022

LodeStar Software Solutions, a provider of compliance tools for mortgage lenders, has partnered with loan origination system and software provider LendingPad, it announced on Tuesday. The aim of the partnership is to introduce LodeStar Discovery, a closing fee calculator, to mortgage loan originators using the LendingPad platform.

Closing costs 370

Closing costs Title Lending Loans 370

Housing Wire

MAY 12, 2022

Worsening market conditions are only going to accelerate an already hyper-competitive mortgage lending industry that is still learning to adapt to post-pandemic homebuying behaviors. Technology has been the focal point of that evolution more out of necessity than some consensus that homebuyers don’t want to interact with their lenders at all.

Lending 366

Lending Marketing Pre-qualification Pre-approval 366

Housing Wire

FEBRUARY 22, 2024

HousingWire Editor in Chief Sarah Wheeler sat down with Jason Cave , former deputy director at the FHFA where he ran their FinTech Office, to talk about where mortgage tech is falling short, and what the government should do to help. SW: Looking at the mortgage space, what are some of the challenges when it comes to technology?

Technology 322

Technology Banks Mortgages As-is 322

Housing Wire

JUNE 9, 2022

For government loans, such as a Fannie Mae Homestyle Renovation loan, first-time buyers can qualify with a down payment as low as 3%, but renovation costs are limited to 75% of the home’s after-repair value, and borrowers must pay higher fees and closing costs than they would on other types of mortgage loans.

FHA loan 365

FHA loan Renovation Equity Loans 365

Housing Wire

OCTOBER 21, 2021

The resources help families with 80% or less of the area median income for down payments or closing costs, for example. The Federal Home Loan Bank System was created in 1932 by the Federal Home Loan Bank Act as a government-sponsored enterprise to support mortgage lending. In May, Sen. Catherine Cortez Masto (D-NV) and Rep.

Banks 370

Banks Loans Equity Finance 370

Housing Wire

NOVEMBER 13, 2020

Consumers are ready — and they’re waiting on mortgage to catch up. While mortgages make up the lion’s share of consumer debt — nearly 72% of it, according to the Fed — they’re among the rarest financial transactions in a consumer’s life. There’s no doubt that mortgage data is among the most valuable in the world.

Banks 491

Banks Loans Technology Mortgages 491

Housing Wire

FEBRUARY 23, 2023

LenderLogix, a provider of mortgage automation software and application programming interfaces (APIs), has launched LiteSpeed, a white-label streamlined point-of-sale (POS) system that serves small- to mid-sized mortgage lenders. Its other products include QuickQual , which is used by lenders in 42 states.

Pre-approval 359

Pre-approval Loans Closing costs Mortgages 359

Housing Wire

OCTOBER 19, 2021

trillion in mortgage originations, according to the Mortgage Bankers Association (MBA), as interest rates plunged, and COVID-19 accelerated an ongoing exodus from cities to the suburbs. Last year saw a record-breaking $3.83 HousingWire: How has the shift from a refi to a purchase market changed the dynamics for lenders?

Closing costs 383

Closing costs Technology Lending Mortgages 383

Housing Wire

JUNE 30, 2021

Data analytics giant CoreLogic announced on Wednesday the acquisition of closing cost data and tech provider ClosingCorp. The closing data company also utilized CoreLogic’s home price data to release its first national refinance closing cost report in 2021, so there’s quite a bit of familiarity between the two firms.

Closing 384

Closing Closing costs Investor Title 384

Housing Wire

JUNE 11, 2021

Have you budgeted for closing costs? Before you get overwhelmed, take comfort that critical milestones of home inspection, appraisal and closing processes are all great ways to get more acquainted with your prospective new home. What’s the difference between a home inspection and an appraisal?

Inspection 432

Inspection Closing Closing costs Title search 432

Housing Wire

MAY 23, 2022

Technology equals efficiency. A lot of lenders haven’t spent much money on technology for home equity processes. They’re still using legacy in-house technology for their loan origination system and their processes simply aren’t efficient. That way, they can control their own closing timeline.

Equity 382

Equity Title Technology Loans 382

Housing Wire

MAY 5, 2023

HFAs provide affordable homeownership options to low- and moderate-income borrowers through down payment and closing cost assistance, as well as reduced mortgage payments. Last month, Black Knight’s Optimal Blue released a product comparison feature in the company’s cloud-based Loansifter PPE engine for mortgage brokers.

Investor 382

Investor MLS Finance Closing costs 382

Housing Wire

OCTOBER 13, 2022

Now, thanks to United Wholesale Mortgage (UWM) CEO Mat Ishbia’s recent announcement that his company is hiring attorneys to review title and closing documents, AOLs and the risks associated with them, have been a hot topic at this year’s ALTA One conference. “The

Title 382

Title Closing costs Title search Closing 382

Housing Wire

APRIL 25, 2023

The goal of Asset Analysis is to automate the labor-intensive process of reviewing assets and multiple bank statements during underwriting to determine the likelihood that the borrower will have sufficient funds to cover down payments, closing costs, and reserves for the mortgage transaction.

Lending 375

Lending Banks Loan Officer Loans 375

Realtor.com

MARCH 12, 2021

Getty Images Mortgage rates are on the rise after nearly a year of record lows, providing a nudge to homeowners who want to refinance but didn’t get around to it yet. First find the difference between your current mortgage rate and the potential savings of a refinance offer. What if closing costs are too high?

Fixed-rate mortgage 87

Fixed-rate mortgage Mortgages Closing costs Equity 87

Housing Wire

MARCH 22, 2023

An affordable home insurance policy not only means lower monthly payments, but also improved debt-to-income ratio and more money to put towards home improvements, property taxes or closing costs. Often left to the last minute, insurance can push a buyer’s monthly payment beyond their limit.

Debt-to-income ratio 409

Debt-to-income ratio Closing Loans Closing costs 409

Housing Wire

MARCH 20, 2024

Many buyers struggled with the financial burden of covering closing costs , making it difficult or impossible to also cover the compensation for agent representation. With the advancements in technology, finding homes online has become easy and straightforward. For these buyers, every dollar matters.

Debt-to-income ratio 479

Debt-to-income ratio Agents Equity Closing costs 479

Housing Wire

FEBRUARY 23, 2023

The title industry led the way in collaborating with industry partners to expand access to digital closings through remote online notarization (RON), which has helped tens of thousands of homebuyers complete their real estate and mortgage transactions safely and securely through the innovative use of technology solutions.

Title 450

Title Industrial Purchase and sale agreement Title search 450

Housing Wire

MAY 17, 2023

Rocket Mortgage ‘s top executives believe the mortgage market is near the bottom, which means a recovery may be on the horizon soon. So yes, we’re toward the bottom in that,” Bob Walters, CEO at Rocket Mortgage and president and COO at Rocket Companies , said. You may get a mortgage once every 10 years.

Marketing 367

Marketing Banks Mortgages Industrial 367

Marco Santarelli

APRIL 28, 2023

The Federal Housing Finance Agency (FHFA) recently announced changes to the loan-level price adjustments (LLPAs) for borrowers with conventional mortgages backed by Fannie Mae or Freddie Mac. The changes, which are set to take effect on May 1, 2023, will impact the pricing structure of mortgages for borrowers.

Mortgages 98

Mortgages Debt-to-income ratio Loans Finance 98

Redfin

JULY 11, 2023

In this comprehensive guide, by Redfin, we will delve into ten common questions about mortgages, offering valuable insights and expert answers. What is a mortgage? A mortgage is a loan specifically designed for purchasing a property, commonly a home. How does a mortgage work? What are the different types of mortgages?

Pre-approval 59

Pre-approval Mortgages Pre-qualification Debt-to-income ratio 59

Housing Wire

MARCH 1, 2021

The closing process, that time between underwriting approval and the actual closing, is the mortgage industry’s not-so-secret Achilles’ heel. That’s not a knock on the good professionals who enact minor miracles choreographing the multi-faceted ballet that is a typical closing. Let’s admit it. More emotion.

Closing 291

Closing Marketing Title Title search 291

Housing Wire

MAY 9, 2022

Closing costs for homeowners who jumped on the refi wave in 2021 increased at less than one-third the pace of closing costs for home purchases as homebuyers had to cope with a hot market that fueled higher home-sale prices and related settlement costs. How to avoid home closing delays in 2022.

Closing costs 370

Closing costs Closing Loans Title 370

Realty Biz

NOVEMBER 16, 2020

I’ve been told by my older brother and others that I should take out an adjustable rate mortgage because I plan to sell my first house before the interest rate will increase. He tells me that he was able to buy a bigger house because the mortgage payments were lower with an adjustable mortgage. What do you think?

Fixed-rate mortgage 102

Fixed-rate mortgage Mortgages Loans Closing costs 102

HomeLight

JANUARY 22, 2024

.” This overall cost will vary significantly based on location, even within the state. But the core living expenses you’ll pay for typically include the following categories: Housing (rent/mortgage) Energy (utilities) Food (groceries) Transportation (vehicles or transit systems) Healthcare (doctors, hospitals, etc.)

Home sale contingency 104

Home sale contingency Closing costs Technology Sales 104

HomeLight

JANUARY 30, 2024

.” This overall cost will vary significantly based on location, even within the state. But the core living expenses you’ll pay for typically include the following categories: Housing (rent/mortgage) Energy (utilities) Food (groceries) Transportation (vehicles or transit systems) Healthcare (doctors, hospitals, etc.)

Home sale contingency 109

Home sale contingency Closing costs Technology Sales 109

HomeLight

JANUARY 30, 2024

.” This overall cost will vary significantly based on location, even within the state. But the core living expenses you’ll pay for typically include the following categories: Housing (rent/mortgage) Energy (utilities) Food (groceries) Transportation (vehicles or transit systems) Healthcare (doctors, hospitals, etc.)

Home sale contingency 109

Home sale contingency Closing costs Technology Sales 109

HomeLight

JANUARY 30, 2024

.” This overall cost will vary significantly based on location, even within the state. But the core living expenses you’ll pay for typically include the following categories: Housing (rent/mortgage) Energy (utilities) Food (groceries) Transportation (vehicles or transit systems) Healthcare (doctors, hospitals, etc.)

Home sale contingency 107

Home sale contingency Closing costs Technology Sales 107

HomeLight

JANUARY 22, 2024

.” This overall cost will vary significantly based on location, even within the state. But the core living expenses you’ll pay for typically include the following categories: Housing (rent/mortgage) Energy (utilities) Food (groceries) Transportation (vehicles or transit systems) Healthcare (doctors, hospitals, etc.)

Home sale contingency 109

Home sale contingency Closing costs Technology Equity 109

HomeLight

JANUARY 22, 2024

.” This overall cost will vary significantly based on location, even within the state. But the core living expenses you’ll pay for typically include the following categories: Housing (rent/mortgage) Energy (utilities) Food (groceries) Transportation (vehicles or transit systems) Healthcare (doctors, hospitals, etc.)

Home sale contingency 109

Home sale contingency Closing costs Technology As-is 109

HomeLight

JANUARY 30, 2024

.” This overall cost will vary significantly based on location, even within the state. But the core living expenses you’ll pay for typically include the following categories: Housing (rent/mortgage) Energy (utilities) Food (groceries) Transportation (vehicles or transit systems) Healthcare (doctors, hospitals, etc.)

Home sale contingency 100

Home sale contingency Closing costs Technology Equity 100

RIS Media

OCTOBER 2, 2020

If you’re looking to buy a house, there are a wide range of companies that would likely be happy to give you a mortgage. A local credit union may also be able to give you advice on mortgage incentives or other programs you may qualify for, such as a home loan program for veterans. Qualification Requirements and Loan Terms.

Banks 52

Banks Debt-to-income ratio Mortgages Loans 52

Realty Biz

JUNE 4, 2021

Spruce was founded in 2016 and has developed a real estate transaction platform that helps mortgage lenders, real estate investors, iBuyers and other PropTech firms manage closing and title processes. The company had already grown pretty big prior to its latest round of funding. It does business in 48 U.S.

Title 66

Title Technology Investor Closing costs 66

Real Trends

NOVEMBER 11, 2022

“With housing affordability at an all-time low and interest rates on the climb, it’s important that homeowners have alternative options to access their home equity without selling or taking on additional debt,” said Michael Gifford, CEO of Splitero , a financial technology company that helps homeowners access home equity. .

Finance 106

Finance VA loan FHA loan Agents 106