Housing Wire

JANUARY 8, 2025

It had no sponsored loan officers. The Nationwide Multistate Licensing System (NMLS) showed that Ally Financial had six branches as of Wednesday in Arizona, California, Florida, Illinois, North Carolina and Texas. Ally’s recent job cuts, according to Gilchrist, are not tied to any specific business line or location.

Closing

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

APRIL 8, 2025

announced the incorporation of hybrid e-closings for reverse mortgages on Tuesday, aiming to incorporate its experience with the technology on the forward side of the mortgage business into its reverse mortgage division for the first time. Fairway Independent Mortgage Corp.

Closing

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

MARCH 5, 2025

According to the MBA, rates for Federal Housing Administration (FHA) loans dipped to 6.42%, while refinance activity posted its fastest pace since October 2024. The move in government refinances was driven by a 75% increase in VA loans, which have been prone to large changes in recent months. More renovations?

Loan Officer

Housing Wire

MAY 19, 2025

They closed nearly $40 million in volume in 2024, vibe flipping luxury homes. They walked us through their exact strategy for building a team, finding homes to renovate and sell and which renovations get the best ROI at the closing table. Claire and Sam OConnor are living your HGTV-inspired rockstar Realtor dream life.

Closing

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

JUNE 6, 2025

According to the company, Shilo can deeply understand the context of business calls made by real estate agents and mortgage loan officers. “We’re here to build the AI teammate every elite agent will use daily — one that listens, learns, and helps them win. That teammate’s name is Shilo.”

Closing

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

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

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.

Investor

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

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

JANUARY 2, 2025

Applications for refinances drove the decrease in the overall index as they fell 36%, while applications for purchase loans were down 13%. Data at HousingWire ‘s Mortgage Rates Center also shows consistent upward movement in the cost of a home loan during the last two weeks of the year.

FHA loan

Housing Wire

JANUARY 23, 2025

billion in total or as much as $1,692 per loan. The report found that the state that could experience the most savings per transaction would be Texas at a savings of $1,692 per loan, followed by Florida ($1,275 per loan), and New Mexico ($978 per loan). 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. They will be a great fit.

Loan Officer

Housing Wire

APRIL 18, 2025

First American Data & Analytics has launched a new product designed to help lenders identify title issues earlier in the mortgage and home equity loan process, with the goal of cutting delays and reducing closing times.

Title

Housing Wire

MARCH 27, 2025

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. FinLocker also explained that it aims to offer a “competitive edge in a challenging market with a tangible cost” for loan officers.

Mortgages

Housing Wire

OCTOBER 31, 2024

The interest rate on the loan has been lowered from 9.99% to 9.49%. Interest rates on second-lien loans tend to be higher when compared to first liens, reflecting the higher amount of risk to the lender. In October 2023, FOA announced a rollout of HomeSafe Second to an expanded pool of direct retail loan officers and wholesale brokers.

Mortgages

Housing Wire

NOVEMBER 13, 2024

The company also reported a funded loan volume of $1.035 billion for Q3 2024, up 42% year over year and up 8% quarter over quarter, with 71% of this volume attributed to purchase loans. million in cash, restricted cash, short-term investments and self-funded loans. NEO was previously expected to close in early 2025. “We

Mortgages

Housing Wire

JULY 14, 2025

the parent of Guild Mortgage , has left loan officers wondering how the traditionally purchase-focused lender would integrate refinance capabilities to leverage the $770 billion servicing portfolio of soon-to-be sister company Lakeview Loan Servicing , the nation’s second-largest mortgage servicer. Bayview Asset Management ’s $1.3

Mortgages

Housing Wire

JULY 1, 2025

A press release from Rocket also announced Rocket Preferred Pricing, which allows homebuyers who use Rocket Mortgage for financing and either purchase a Redfin-listed home or work with a Redfin agent to receive a one-percentage-point interest rate reduction for the first year of their loan or a lender credit of up to $6,000 at closing.

VA loan

Housing Wire

MAY 29, 2025

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. including affiliated Rushmore Loan Management Services ) and Flagstar s servicing assets. Theres a lot of consolidation in the [subservicing] industry.

Mortgages

Housing Wire

JANUARY 27, 2025

Consumers who chose to take out a cash-out refinance largely used the loans proceeds for paying down existing debts, with notable impacts on credit card and auto loan balances as well as credit utilization rates. One source of debt that was not heavily impacted, according to the data, were student loan balances.

Loans

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 23, 2024

On Wednesday, UWM unveiled a new cash-out refinance product —dubbed Cash-Out 90—that allows borrowers to refinance with a loan-to-value ratio of up to 89.99% without requiring mortgage insurance (MI). Loan amounts, however, cannot exceed conforming limits. UWM is simply taking a lower margin, effectively,” he added.

Equity

Housing Wire

FEBRUARY 3, 2025

It is easy to become blinded by the end goal of increasing loan volume and quality origination talent. The last thing a buyer wants is to find out after the deal closes that the founder of the business registered a name or trademark in their own name and never properly assign it to the company. Patent & Trademark Office.

Due diligence

Housing Wire

JANUARY 17, 2025

This occurs while they manage the heavy loan of growing origination demand. How do we get a loan from I want a house to its closed and done before they walk away? Originators dont consider the secondary market, even though those loans will most likely shift into the market down the line.

Marketing

Housing Wire

MARCH 30, 2025

However, the data references Freddie Mac ‘s Serious Delinquency levels on multifamily loans. These loans pertain to multifamily mortgages, which are used for commercial properties with five or more units, such as apartment buildings. As always, you have to examine the data closely before concluding anything on the internet.

Fixed-rate mortgage

Housing Wire

JANUARY 8, 2025

These borrowers found themselves a great deal on their loan and locked themselves into really terrific cheap payments. The average age of outstanding loans climbed steadily during the cheap-money decade, dropped during the pandemic frenzy and is now skyrocketing as homeowners hunker down. Tenure of ownership keeps climbing.

Mortgages

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

MAY 13, 2025

Credit data in general doesnt look great when accounting for credit card debt, auto loans, and student loan debt all have had an increase in their percentage on 90-day lates. In contrast, the current state of housing credit appears to be much healthier when compared to credit cards, auto loans and student loan debt.

Bankruptcy

Housing Wire

MARCH 31, 2025

Rocket said the the transaction is expected to generate $100 million in additional pre-tax revenue from higher recapture rates and attaching its title, closing and appraisal services to Mr. Coopers existing originations. The deal is expected to close in the fourth quarter of 2025.

Finance

Housing Wire

MAY 8, 2025

Todays best loan officers operate differently and expect more. Naturally, this means loan officers (LOs) dont work the same way anymore, either. So by the time theyve contacted an LO, theyre armed with substantial knowledge about loan products, rates and qualification requirements (or, in some cases, misinformation about the same).

Loan Officer

Housing Wire

NOVEMBER 26, 2024

From streamlining title verification to enabling collaborative loan processing and automating key title production tasks, these leaders are helping shape a faster, smarter, and more efficient housing market. For instance, the system can flag potential issues and suggest solutions, leading to faster, more accurate closings.

Title

Housing Wire

JULY 14, 2025

The growing “gig economy” is reshaping the future of homebuying , and savvy brokers are recognizing the need to adapt quickly with loan products that fit this demographic. Here’s why: Quality loans Today’s non-QM loans are a far cry from the risky products of the pre-2008 era. workforce — will be freelancing.

Investor

Housing Wire

JULY 11, 2025

Median home prices are still below the national average in Georgia, but the gap is rapidly closing as prices there jumped 65% between 2019 and 2024. But not all loans are built the same in these scenarios. Government-backed loans like those from the Federal Housing Administration (FHA) and the U.S.

Mortgages