Housing Wire

JANUARY 11, 2023

In its 3rd year, the HW Finance Leaders award is celebrating the industry’s top finance executives who have muscled through another unprecedented year in housing and helped their organizations come out on top. So what does it take to be among the HW Finance Leaders? Click here before the January 27th deadline!

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Finance Brokerage Banks Closing 406

Housing Wire

OCTOBER 7, 2024

Freiha joins Opendoor after a three-year stint at Alphabet, where he started as Google ’s vice president of finance and oversaw commerce and payments before moving to capital allocations and planning. Prior to that, he spent 11 years at Intuit in product development roles. Prior to that, he worked in similar roles with eBay.

Technology 418

Technology Finance MLS Title 418

Housing Wire

MAY 30, 2024

Home equity fintech lender Point , in collaboration with its long-time financing partner Atalaya Capital Management , has successfully closed a $141 million rated asset-backed securities transaction. The investment community is seeing the results from HEIs exceed expectations and are embracing the product at scale.

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Closing Equity Investor Finance 416

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.

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Branding Equity Lending Finance 318

Housing Wire

JULY 18, 2024

” Waltz aims to support international buyers with a “comprehensive” solution that covers the compliance, legal, banking and regulatory processes to close the purchase process within 30 days. Closing tasks such as appraisal , inspection, title insurance and homeowners insurance are done remotely.

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Finance Investor Banks Residential 417

Housing Wire

DECEMBER 20, 2024

The lack of affordable housing also makes it more challenging for folks who are the caregivers , whether they are paid help or family, to be close enough to their loved ones or the ones they are caring for. There is a real risk we may see reduced growth in economic development in the state, which has many ramifications.

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Construction Land Development New Construction 402

Housing Wire

DECEMBER 4, 2024

At Finance of America (FOA), the increased limit for next year is seen as a positive development that could also make clearer the potential use cases for reverse mortgage products beyond the federally insured HECM options.

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Mortgages Equity Lending Loans 384

Real Estate News

JUNE 13, 2025

Our goal is to make assumable loans just another financing type, like a 30-year fixed or a 5/1 ARM,” founder Andy Taylor told Real Estate News. While tracking rising rates in 2020 and 2021, he stumbled across the home financing option. "It was almost shocking."

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Mortgages MLS Loans Finance 268

Housing Wire

JUNE 1, 2022

One avenue to reduce cost and streamline the closing process is to offer digital closings. Lenders and title agents also reported they can close more loans faster with the same or fewer people, and improve overall loan quality by reducing critical errors, avoiding missed signatures and unnecessary rework.

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Closing Title Loans Technology 410

Housing Wire

APRIL 14, 2023

The Federal Reserve ’s 2019 Survey of Consumer Finances found that the median net worth of a homeowner is approximately $255,000 — more than 40 times that of a renter. It has enabled first-time, low- to moderate-income borrowers to secure affordable mortgage financing since 1957 while protecting taxpayers from mortgage credit risk.

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Finance Equity Mortgages Principal 370

Housing Wire

DECEMBER 11, 2024

Department of Housing and Urban Development (HUD)s Office of Policy Development and Research recently published a report that more closely examines the housing needs of older Americans and the pain points that have exacerbated their needs stemming from a national housing crisis.

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Finance Development Equity Banks 369

Housing Wire

MARCH 4, 2025

Remote online notarization (RON) continues to stake its claim as a critical innovation for real estate professionals and homebuyers, opening the door for faster closings and largely eliminating the need for in-person meetings. The only state that is an outlier at the moment is Connecticut, where they excluded real estate finance transactions.

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Title Technology Industrial Development 354

Housing Wire

NOVEMBER 14, 2024

stock market, companies like Finance of America (FOA) and Ellington Financial — the parent of reverse lender Longbridge Financial — have recently released their third-quarter 2024 earnings results. With several top 10 reverse mortgage lenders now active in some form within the U.S.

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Investor Mortgages Bankruptcy Equity 368

Housing Wire

MARCH 25, 2025

Global investment bank Cambridge Wilkinson today announced the closing of a forward flow agreement up to $100 million for a private real estate lending platform specializing in short-term bridge , fix-and-flip, construction and land development loans.

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Lending Equity Banks Construction 237

Housing Wire

DECEMBER 28, 2024

The most positive development in the housing market over 2024 has been the increase in active housing inventory , which is approaching the levels seen in 2019. The week ahead: Pending home sales and home prices I will be on Yahoo Finance on Monday morning to discuss the results of pending home sales.

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Marketing Mortgages Sales Finance 504

Housing Wire

JANUARY 30, 2025

If you’re a loan officer, you should have a construction product that focuses on builders, developers and Realtors. To close the conversation, Davis explores Deephaven’s focus on home equity and new construction products in 2025. For example, 30% of purchase transactions were new construction last year.

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New Construction Construction Marketing Equity 279

Housing Wire

AUGUST 7, 2023

Without a strong secondary mortgage market supported by the federal government, lenders would be able to fund far fewer loans, and would likely flock to the most affluent areas in the country, leaving less-affluent markets with fewer options to finance a home. 1 answer has been, “They understand my borrowers and know how to close my loans.”

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Closing Fixed-rate mortgage Debt-to-income ratio Lending 370

Housing Wire

MAY 29, 2025

Still, the overall subservicing space has been relatively static in recent years, said Walter Mullen, chief strategy officer at Onity Group , the parent company of PHH Mortgage (the seventh-largest subservicer in 2024, according to Inside Mortgage Finance). Indeed, the total residential subservicing market declined to $3.96

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Mortgages Loans Banks Industrial 339

Housing Wire

APRIL 4, 2025

Following other recent proprietary product development news, Longbridge Financial announced on Friday the launch of a new variation for its private fixed-rate reverse mortgage offering. The Peak variation also updated seasoning requirements for Platinum-to-Platinum or proprietary-to-Platinum to 24 months, from one closing date to the next.

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Mortgages Principal Loans Equity 268

Housing Wire

APRIL 18, 2025

announced that it was implementing hybrid e-closings into its reverse mortgage processes. This also includes digital experiences such as website enhancements and the development of an AI-powered chatbot it calls Bridget. NRMLA President Steve Irwin described how he is delighted about Fairways hybrid e-closings announcement.

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Technology Mortgages Industrial Finance 315

Housing Wire

MARCH 5, 2025

8 on the Inside Mortgage Finance ranking of top originators at just under $40 billion. Throughout his 20-year career he has closed more than 40,000 units and $9 billion in funded loans. There are multiple offers in a lot of the markets, with competitive bidding wars and people willing to close quick and waive contingency.

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Loan Officer Loans Technology Mortgages 410

Housing Wire

APRIL 1, 2025

Name Job Title Company Name Aaron Heidorn Director of Software Engineering & Infrastructure Cloudvirga Aaron Smith Director, Sales CubiCasa Adrian Provost Chief Executive Officer Realty ONE Group Terminus Ana LeBlanc Human Resources Director InterLinc Mortgage Annie Lemon Producing Branch Manager Gold Star Mortgage Financial Anthony Russo Diamond (..)

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Lending Technology Title Development 268

Housing Wire

OCTOBER 24, 2024

The receiving agent becomes the buyer or seller’s primary point of contact and representative, and the referring agent receives a referral fee if a transaction closes. Their work is done, and it’s up to the receiving agent to serve the client and close the deal. What are the benefits of referrals? Choose your moment!

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Agents Closing As-is Industrial 397

Housing Wire

APRIL 30, 2025

During winter, invest in personal growthbuild skills, develop discipline, and stay open to new possibilities. Back then, we proudly branded ourselves as one of the first online finance companies with the tagline, “Buy a house with your mouse.” I chose the latterthe harder but ethical pathand refused to sell the loans.

Mortgages 315

Mortgages Industrial Loans Technology 315

Housing Wire

OCTOBER 31, 2024

Department of Housing and Urban Development (HUD) and the Office of Management and Budget (OMB), and recent budget cycles have shown Congress’s support as well. Prior to joining the company, Valverde worked for agencies including the Federal Housing Finance Agency (FHFA) and the U.S. Department of the Treasury.

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Principal Finance Mortgages Industrial 416

Housing Wire

MAY 28, 2025

Institutional investors, build-to-rent developers, and mom-and-pop landlords alike see opportunity in markets like Lakeland, Fort Myers, and Ocala, where affordability relative to larger cities remains intact. Moreover, investors should keep a close eye on Florida’s evolving climate resilience policies.

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Marketing Investor Development Land 293

Housing Wire

MARCH 21, 2025

.’ In a presentation for investors , Rocket outlined how its acquisition of Redfin will help the company create a more seamless and affordable way for consumers to transact real estate, showing how it will take consumers from the home search phase all the way through title and closing. But Zillow has that recognizable consumer brand.

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Loan Officer Loans Mortgages Title 248

Housing Wire

OCTOBER 17, 2024

The Federal Home Loan Banks (FHLBanks) saw significant growth in support of affordable housing and community development in 2023, according to a report released Thursday by the Federal Housing Finance Agency (FHFA). FHFA Director Sandra Thompson lauded the development in a statement accompanying the report.

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Banks Loans Development Finance 431

Housing Wire

JUNE 9, 2025

Here are twelve mind-blowing ideas and prompts smart agents are using to close more deals with ChatGPT in 2025. It’s not perfect, but close. Sound familiar? If so, you’ve barely scratched the surface of what ChatGPT can do for your real estate business. Let’s start with the basics. Here are the details: Audience: [e.g.,

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Branding Title Agents As-is 408

Housing Wire

NOVEMBER 4, 2024

These are homes that will generally close in November and December. But they’re back up to 7% now, so maybe this strength is fleeting and will evaporate as we close out the year. One thing that I find fascinating is that even though mortgage rates have jumped back up close to 7%, we haven’t yet seen a slowdown in the sales volume.

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Sales Staging Mortgages Closing 377

Housing Wire

DECEMBER 18, 2023

The Federal Communications Commission (FCC) last week released a new order amending its “express consent” rules for the Telephone Consumer Protection Act (TCPA), which closes the “lead generator loophole” used by mortgage professionals to connect with potential business leads.

Closing 431

Closing Mortgages Industrial Loan Officer 431

Housing Wire

NOVEMBER 4, 2024

Angela is the 11th-ranked agent in the state by sales volume, closing 38 sides and $29.82 For this, I turned to New Hampshire-based Cohen Closing & Title , where another cousin is the director of business development. million in volume in 2023, according to RealTrends Verified data.

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Purchase and sale agreement Inspection contingency Inspection Title 410

Housing Wire

FEBRUARY 25, 2025

The reverse mortgage industry in 2025 could be defined by two key developments: continuing efforts to establish partnerships with the forward mortgage industry, as well as the development of proprietary reverse mortgage products that could be the future of the industry. Closed-end second product HomeSafe Second is an example, he said.

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Development Loans Equity Industrial 199

Housing Wire

MARCH 31, 2025

The deal, which is expected to close in the fourth quarter of 2025, integrates the largest servicer in the country into Rockets flywheel. There’s the origination process, which is all of the financing, title closing, and then servicing, where they essentially develop a lifetime relationship.

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Technology Mortgages Industrial Title 274

Housing Wire

JUNE 30, 2022

The company said the bankruptcy action has no impact on closed mortgages, which are already serviced by third parties. FGMC claims that loans in the pipeline will be closed and funded, under existing terms and conditions, due to a debtor-in-possession financing and potential partners.

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Bankruptcy Fixed-rate mortgage Lending Loans 545

Housing Wire

SEPTEMBER 10, 2022

The SPCP, called “closing the gap,” permits a 1% down payment with a free appraisal, free home warranty program, free homebuying counseling and financial assistance with closing costs. The SPCP loan program will be piloted in Atlanta, Baltimore, Chicago, Detroit, Memphis and Philadelphia.

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Loans Development Closing costs Finance 421

BAM Media

OCTOBER 22, 2024

Real RISE 2024 kicks off today, October 22nd, with some exciting new developments in AI and fintech for real estate agents who’ve joined (or will join) the brokerage. Last Friday, October 18, Real President Sharran Srivatsaa gave the closing presentation at our own in-person event, BAM Mania. and Canada.

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Brokerage Development Branding Technology 98