Housing Wire

MARCH 11, 2025

Tomo touts its use of artificial intelligence in streamlining loan underwriting and closing processes. It claims to save the typical homebuyer up to $4,000 in closing costs and offers interest rates that are 50 to 100 basis points lower than the industry average, according to a press release.

Closing

Housing Wire

DECEMBER 27, 2024

That was a repeated idea shared by a group of reverse mortgage professionals when asked to assess what they see as the biggest industry challenges of the year. Rates re-emerged as a challenge and continue to be as the year winds down to a close. I think that’s true from an industry standpoint.

Industrial

Housing Wire

APRIL 22, 2025

Purchase loans are now outpacing refinances, and interest rates are reaching the stratosphere. In this executive interview, NEO Home Loans President Ryan Grant discusses the company’s partnership with Better Mortgage , which is aimed at combining technological innovation and local market knowledge. Now they dont have to.

Lending

Housing Wire

OCTOBER 31, 2024

A tri-merge report that a couple years ago was $20 is around $60 right now, one industry pro told HousingWire. Though mortgage lenders don’t want to charge borrowers upfront, many have had to because the pull-through rate on loans makes it economically infeasible otherwise, especially for refis. What will it cost?

Industrial

Housing Wire

OCTOBER 28, 2024

The Loan Store — a wholesale lender based in Arizona — will now use the Gateless Smart Underwrite platform, according to a recent announcement. The artificial intelligence-based platform, the latest addition to the Gateless AI mortgage tool suite, aims to enhance The Loan Store’s underwriting capabilities.

Loans

Housing Wire

MARCH 25, 2025

What’s the deal with all the discussion across the lending community about the fluctuation of the loan officer population recently? There have been social media posts and editorials debating the current total number of loan officers, whether the population has decreased, and if so, by how much.

Loan Officer

Housing Wire

MAY 13, 2025

Lets be real: the real estate industry is changing. Industry trends show that homeowners locked into sub-3% mortgage rates find it difficult to justify moving when current rates hover around 6.5% Additionally, increasing credit card debt, student loans, and high living costs make upgrading homes financially challenging.

Industrial

Housing Wire

APRIL 1, 2025

Today, A&D Mortgage announced the official closing of its acquisition of the wholesale and non-delegated correspondent mortgage business from Mr. Cooper Group. Cooper’s wholesale and non-delegated correspondent divisions have officially joined A&D Mortgage as part of the closing, a press release from A&D confirmed.

Closing

Housing Wire

DECEMBER 20, 2024

The state of leadership in the mortgage industry When people say, Theres no such thing as a perfect company, are they really acknowledging an inherentflaw or are they feeling the void left by inadequate leadership? Four months later, the branch was still struggling, and worse, my top loan officer now the branch manager quit.

Industrial

Housing Wire

FEBRUARY 6, 2025

In addition to all of these challenges, economic factors outside of housing are making it harder for potential buyers to acquire qualifying mortgage loans. Most lenders focus on offering traditional mortgage loans to clients, choosing to shy away from unconventional options in the market. Finance a loan, and you may lose money.

Loans

Housing Wire

APRIL 15, 2025

In its 2025 State of eClose Adoption Report released on Tuesday, Snapdocs revealed that 90% of mortgage lending institutions now offer digital closings to customers. Snapdocs said that the rise in digital closings is due to the measurable efficiencies and improved experience that digitization delivers. the industry average.

Closing

Housing Wire

JULY 18, 2025

The integration streamlines mortgage closings, cuts costs for borrowers by up to 70%, and reduces loan cycle times — marking a shift toward faster software-driven title solutions for lenders and homebuyers alike. While NAF’s internal systems were not compromised, the lender has cut ties with the vendor and launched an investigation.

Title

Housing Wire

MAY 2, 2025

Amor and Banosian are actively promoting the product line through in-person training with loan officers, real estate agents and financial advisers. Among loan officers, the biggest misconception is that these loans are more difficult to originate and take longer, Banosian said. In other cases, they’re not as good.

Closing

Housing Wire

APRIL 3, 2025

While the Redfin acquisition (still pending close) was a clear push into the purchase market, the Mr. Cooper acquisition is about scale, servicing, and customer lifecycle retention. Mr. Cooper services a vast portfolio, including loans originated by top competitors. And thats before Rocket even leans into marketing. [3:45]

Industrial

Housing Wire

MARCH 27, 2025

The company calls the move an “industry-first initiative.” FinLocker details that the initiative will eliminate verification costs at all stages of the mortgage journey, from prequalification and underwriting to final reverification before closing. ”

Mortgages

Housing Wire

MAY 29, 2025

The answer lies in a remote corner of the mortgage industry: subservicing. For subservicers, managing loans can generate stable income through fees, and when agreements allow and align with their strategy, it opens doors for cross-selling activity. Theres a lot of consolidation in the [subservicing] industry.

Mortgages

Housing Wire

APRIL 18, 2025

The company analyzed a portfolio of residential , commercial and business-purpose loans totaling approximately $80 billion. of these transactions contained issues that could lead to fraud, with each problematic loan averaging 2.5 It found that 46.8% errors the highest number on record. In Q1 2025, 10.8% of all transactions.

Title

Housing Wire

JULY 11, 2025

The waiver pilot , relaunched by Fannie Mae in March 2024, allows approved mortgage lenders to use an automated title review process to assess title risk during loan manufacturing and prior to loan purchase. The pilot is limited to certain refinance loans with loan-to-value ratios of less than 80% in certain geographic areas.

Title

Housing Wire

JANUARY 23, 2025

billion in total or as much as $1,692 per loan. According to the release, Nigrinis and Zywicki analyzed how much widespread use of automated title risk assessments would lower consumer costs, promote greater transparency and increase industry competition. The pilot program is slated to run through May of 2026.

Title

Housing Wire

APRIL 28, 2025

billion deal to acquire digital real estate brokerage firm Redfin , industry observers are still trying to understand the future of one key asset: Bay Equity Home Loans. The RocketRedfin deal is expected to close in Q2 or Q3. billion in loans in 2021nearly 10 times Redfins in-house mortgage volume.

Loan Officer

Housing Wire

OCTOBER 31, 2024

Reverse mortgage industry leader Finance of America (FOA) announced updates on Thursday to the interest rate for HomeSafe Second, its proprietary second-lien reverse mortgage product. The interest rate on the loan has been lowered from 9.99% to 9.49%. The interest rate on the loan has been lowered from 9.99% to 9.49%.

Mortgages

Housing Wire

OCTOBER 18, 2024

To open the conversation, Sanchez asks Jacobson to explain how Fairway harnesses the power of positive recommendations to boost production for the company’s loan officers. He explains that speed and customer service rule every aspect of business, including the mortgage industry. As consumers, we expect instant everything.

As-is

Housing Wire

OCTOBER 25, 2024

In this HousingWire Executive Conversation, Tom Davis, Chief Sales Officer at Deephaven , discusses the opportunities in the non-QM investor loan space as we head into the new year. He emphasizes the importance of a diverse product portfolio including DSCR and business-purpose loans, to better serve clients.

New Construction

Housing Wire

JANUARY 3, 2025

Reverse mortgage professionals made more inroads into the forward mortgage industry in 2024. Continuing this momentum into 2025 is a priority for many in the reverse mortgage space, according to conversations with leaders at various industry lenders. One key is to bolster connections between a companys forward and reverse divisions.

Mortgages

Housing Wire

MARCH 31, 2025

Rocket Companies is buying Mr. Cooper , America’s largest mortgage servicer, in a market-shattering deal that could reshape the mortgage industry for years to come. Rocket also has arguably the strongest recapture game in the industry, and a deal like this would give it a distinct advantage over all other competitors.

Finance

Housing Wire

JULY 28, 2025

Total originations of open-ended home equity lines of credit ( HELOCs ) and closed-end home equity loans increased in 2024 by 7.2% billion in maximum credit extended and $70 billion in outstanding loans as of year-end. billion in maximum credit extended and $70 billion in outstanding loans as of year-end. billion in 2023.

Equity

Housing Wire

OCTOBER 15, 2024

Schwartz points out that starting Tomo required an adaptive approach to leadership by people who maintain a “wartime“ leadership style that adjusts to industry changes. But he notes that building a successful mortgage company requires hard work and diligence, regardless of industry changes.

Loans

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 while this fact might be daunting, I encourage my colleagues in this tumultuous industry to look at the situation another way. Stay persistent, keep learning, and have faith in the process.

Mortgages

Housing Wire

FEBRUARY 6, 2025

Younger service members struggle during the homebuying process, particularly around paying closing costs. The housing benefits pushed more than 28 million home loans for Veterans over the last 80 years. The number of financial institutions servicing home loans has declined. In 1944, the U.S.

Industrial

Housing Wire

JULY 16, 2025

“I had great conversations with industry today, including the CEO of Fidelity National Title ,” Pulte wrote in a July 11 post on X. “We will be collaborating with Fidelity, as we do with all willing industry participants.” “I implore them to stand strong.

Title

Housing Wire

MAY 22, 2025

The mortgage industry has undergone significant changes over the past few decades. However, recent technological advances, especially in artificial intelligence (AI), are prompting many in the industry to reconsider this dividing wall. One of the most notable has been the separation of origination from servicing.

Loan Officer

Housing Wire

JUNE 10, 2025

Amid expectations that interest rate declines may reignite refinance activity , Optimal Blue on Monday launched a new tool that automatically analyzes loan officer portfolios each month to identify recapture opportunities. The tool is designed to ensure loan officers are ready when refinance volume picks up.

Loan Officer

Housing Wire

JULY 7, 2025

He previously served as chief lending officer for DPL Capital and Genesis Capital , along with a stint at PeerStreet as head of loan products. “We are delighted to welcome proven industry veterans Tom and Robert to the Kiavi team to take our ground-up construction product to the next level,” CEO Arvind Mohan said in a a statement.

Lending

Housing Wire

OCTOBER 23, 2024

United Wholesale Mortgage (UWM) has the mortgage industry abuzz over its latest product, a higher-risk, cash-out refinance at a time of economic uncertainty. Loan amounts, however, cannot exceed conforming limits. This was rolled out last week, but we are getting close to closing our first two.

Equity

Housing Wire

DECEMBER 4, 2024

It’s the ninth straight year that the limit will increase based on home-price appreciation levels, which feeds into a single, national limit for all HECM loans. Overall, we feel that this is positive as it helps to expand the industry to even more individuals that can benefit from a reverse loan,” Sciandra said.

Mortgages

Housing Wire

JULY 31, 2025

HousingWire: Matt, we’ve spoken a few times recently about the work you’re doing in the customer acquisition space, and how ICE is helping lenders uncover new loan opportunities in today’s competitive market. Lenders often view borrowers differently depending on where they are in the loan journey. Can you tell us more about that?

Loans

Housing Wire

MAY 8, 2025

Tamir Poleg, chairman and CEO of The Real Brokerage , closed out the prepared remarks section of his firms first-quarter 2025 earnings call by addressing the transformative technological era the industry is currently operating in. Our industry is no exception. While the industry debates, we stay focused.

Technology