Housing Wire

NOVEMBER 1, 2024

In the newest episode of the HousingWire Daily podcast , host Sarah Wheeler sits down with Freddie Mac ’s Sonu Mittal — the agency’s senior vice president and head of single-family acquisitions — to explore its recently announced alternative to loan repurchases , as well as appraisal waivers and how they address lender pain points in 2024.

Loans

Housing Wire

FEBRUARY 6, 2025

billion in consumer loans from Goldman Sachs while also closing a deal to purchase Sculptor Capital Management and its $33 billion in assets under management. In total, its funded loan volume jumped from $8.9 That marked a substantial turnaround from the $87.5 million loss it sustained in the fourth quarter of 2023.

Loans

Housing Wire

DECEMBER 27, 2024

Rates re-emerged as a challenge and continue to be as the year winds down to a close. We’ll have those loans that come in where we have to look at every opportunity that we can to save that deal and help that client. We’re expanding our reach, becoming a principal agent in a lot of states, Moriello said.

Industrial

Housing Wire

JUNE 18, 2025

The deal will result in Guild exiting the public markets and becoming a private entity, operating independently but in partnership with Bayview’s servicing company, Lakeview Loan Servicing. per quarter through the consummation of the merger if it does not close in 2025. billion in unpaid principal balance as of March 31.

Principal

Housing Wire

APRIL 28, 2025

billion in unpaid principal balance (UPB), up 2% from the end of 2024 and 10% higher compared to March 2024. We’ve also been seeing ramp production and closed-end seconds , home equity loans, and we think that’s a great untapped opportunity for the channel.” “[PennyMac] is well-rounded. ”

Marketing

Housing Wire

DECEMBER 20, 2024

At the beginning of 2024, mortgage technology company LoanPASS was announced as a technology partner for reverse mortgage lender Smartfi Home Loans. Bill Mitchell For the six months that Mitchell worked closely with RV, he described it as a good time and became far more familiar with the reverse mortgage industry.

Mortgages

Housing Wire

APRIL 21, 2025

The principal investigator of the study is Mariana Amorim, an associate professor in the department of sociology at Washington State University. It is not technically a loan but an option agreement. Yet, from the consumers perspective they are seen as akin to existing mortgage loans, Amorim said.

Equity

Housing Wire

JULY 15, 2025

Now the system determines what employees are going to work on and when, and then, from a management perspective, we can see what they’re working on, see who needs help, what loans are stuck, etc. It focuses the employee on the exceptions and our cost per boarded loan has decreased by almost 50%. Does it make a mistake?

Technology

Housing Wire

JANUARY 21, 2025

This could negate any profit potential from increased loan volume. To combat this, lenders should retain their servicing rights to collect the maximum amount of revenue throughout the loan’s life. Effective loan servicing positions servicers as reliable advisors for the homeowner.

Mortgages

Housing Wire

NOVEMBER 14, 2024

Executive leaders there pointed to the performance of the company’s proprietary loan products and trends in the Home Equity Conversion Mortgage ( HECM ) space as favorable. With several top 10 reverse mortgage lenders now active in some form within the U.S. In the case of FOA — the current industry leader — the earnings results were robust.

Investor

Housing Wire

JUNE 10, 2025

2 industry player in reverse-backed securities issuance and one of the top two providers of proprietary reverse mortgage loans, is expanding its product suite beyond government-backed and proprietary reverse mortgages while remaining focused on older customers. Closings can occur as quickly as one week “in most cases,” they added.

Equity

Housing Wire

MAY 27, 2025

Meanwhile, Two Harbors Investment acquired RoundPoint Mortgage Servicing and Rithm Capital closed a deal for Computershare Mortgage Services, bringing in Specialized Loan Servicing. billion in unpaid principal balance as of March 31. Guild originated $5.2 billion in mortgages from January to March, compared to $3.9

Due diligence

Housing Wire

FEBRUARY 13, 2025

San Francisco-based private lender Kiavi announced on Thursday that it has secured $300 million in capital after another securitization of its residential transition loans (RTLs). The deal leaves room for reinvestment via a two-year window, allowing investors to reuse principal payoffs to purchase newlyoriginated loans.

Land

Housing Wire

MAY 6, 2025

During the quarter, UWM extended its 60-bps incentive pricing on conventional and government loans for qualifying brokers through March 31 to help increase volume during the slower winter months. The expectation is to bring all loans in-house by the end of 2026. from the previous closing. billion as of December 31.

Principal

Housing Wire

JULY 31, 2025

” The company also experienced “strong growth” in refinance volume, he said, while home equity loan originations nearly doubled year over year, setting new records for units and volume. Rocket is adding nearly 150 loan officers from Bay Equity Home Loans , a Redfin subsidiary, enhancing its presence in local markets.

Equity

Housing Wire

MAY 19, 2025

These loans are frequently sold to entities like Fannie Mae and managed by large companies. To further complicate things, these loans are sold to the GSEs and GNMA with various types of remittances which dictate how cash flows are treated for scheduled or actual principal and interest handling. And were not even done.

Mortgages

Housing Wire

APRIL 1, 2025

It offers adjustable- and fixed-rate options with a maximum loan amount of $4 million. This is roughly in line with other proprietary product offerings in the space from companies such as Finance of America (FOA), Longbridge Financial , University Bank , Smartfi Home Loans and Nationwide Equities.

Mortgages

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 (..)

Lending

Housing Wire

AUGUST 7, 2025

United Wholesale Mortgage (UWM), the largest mortgage originator in America, swung back to profitability in the second quarter of 2025, driven by higher loan volumes and wider margins. billion was tied to purchase loans , putting the lender on pace to reach $100 billion in purchase volume for the year, the company reported Thursday.

Loan Officer

The Close

NOVEMBER 7, 2024

While The Close likes to keep our articles short, this topic needs a bit more explanation, but trust us, it will be worth your while. You also want to add overhead expenses like filing your business entity, advertising costs, real estate commissions and finder’s fees, taxes, and mortgage principal and interest.

Hard money loan

Redfin

FEBRUARY 20, 2025

Closing costs arent just a buyers responsibility – sellers have their own expenses to consider as well. On average, sellers can expect to pay between 6% to 10% of the sale price in closing costs , including agent commissions, transfer taxes, and title fees. What are closing costs for sellers?

Closing costs

Marco Santarelli

JANUARY 1, 2025

As of January 01, 2025, the average mortgage rate for a 30-year fixed loan is 7.01%. This rate is a significant factor that affects how much homebuyers will pay each month and the total cost of the loan over the long term. 15-Year Fixed Mortgage Rate : 6.36%, providing another option for those looking to pay off their loans faster.

Mortgages

The Close

NOVEMBER 25, 2024

They usually find financing through hard money lenders or loans made just for flipping houses. The two main ways to dive into the house-flipping game are: Hard money loans : These loans offer faster approval and funding times than traditional mortgages. Depending on your financing, closing on the property can take 15 to 45 days.

House Flipping

Marco Santarelli

JANUARY 2, 2025

Calculating Total Cost of Mortgage Over 30 Years Understanding the Basics: Principal and Interest Okay, let's start with the fundamentals. The amount you borrow is called the principal. This interest is what really inflates the total cost of your loan over time. Lets break it down, shall we? It's a bit sneaky, I know!

Mortgages

Marco Santarelli

DECEMBER 20, 2024

Here's the straightforward answer: The best time to refinance is when interest rates are lower than your current rate, or when your financial situation has improved, allowing you to secure a better loan term. A quarter-point increase from 5% to 5.25% adds close to $40 to your monthly bill. Who doesn't want that? My personal take?

Mortgages

The Mortgage Report

JULY 1, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? How Much Home Can I Afford? But not everyone can afford to put 20% down.

Loans

BAM Media

JANUARY 8, 2025

The Cost of Traditional Loans With traditional loans, lending fees typically range between 2-4% of the loan amount , on top of your down payment. Factor in additional benefits like principal reduction, cash flow , and depreciation, and the advantages become even more compelling. These fees are how lenders get paid.

Finance

The Mortgage Report

JULY 8, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? What Are the Different Types of Home Equity Loans and Which Is Best?

Equity

Marco Santarelli

MARCH 31, 2025

Refinance Rates: Refinance rates are also available, generally hovering close to purchase rates. Current Mortgage Rates Breakdown When you're looking to buy a home, the interest rate you lock in plays a huge role in your monthly payment and the total amount you'll pay over the life of the loan.

Mortgages

Calculated Risk Real Estate

MARCH 5, 2025

Overall delinquencies decreased in January are below the pre-pandemic levels. Source: ICE Home Price Index (HPI) As expected, annual home price growth saw a noticeable pullback in January, falling to +3.0% from +3.4%

Mortgages

Marco Santarelli

APRIL 2, 2025

Experian suggests we might see rates hovering around the 6% mark by the close of 2025. If you buy a home now and interest rates do eventually fall considerably, you can always look into refinancing your existing loan at a lower rate. Fannie Mae predicts mortgage rates to be around 6.3%

Mortgages

Marco Santarelli

MARCH 29, 2025

This dip offers a potential window for securing a more favorable interest rate on your home loan or refinance. For those in the market to purchase a new home, this small reduction in rates can translate to modest savings over the life of the loan. The 30-year fixed mortgage rate is currently at 6.59% , down three basis points.

Mortgages

Marco Santarelli

MARCH 16, 2025

Breaking Down Today's Mortgage Rates Loan Type Interest Rate 30-Year Fixed 6.59% 20-Year Fixed 6.45% 15-Year Fixed 5.93% 5/1 ARM 6.85% 7/1 ARM 7.13% 30-Year VA 6.15% 15-Year VA 5.59% 5/1 VA 6.15% As you can see, the 30-year fixed-rate mortgage the most common choice for homebuyers is currently averaging 6.59%.

Mortgages

Redfin

JUNE 13, 2025

Step 3: Research second-time homebuyer programs and loans Step 4: Work with an experienced agent Step 5: Make a strong offer as a second-time homebuyer Step 6: Plan your transition Second-time homebuyer FAQs Is it harder to buy a house the second time? Communicate closely with your real estate agent to align timelines and contingencies.

Debt-to-income ratio

Rochester Real Estate

NOVEMBER 5, 2015

PITI stands for principal, interest, taxes, and insurance, which are the critical components of your monthly mortgage payment. PITI, an acronym for principal, interest, taxes, and insurance, represents the major components of your monthly mortgage payment. Let’s delve into what PITI entails and how it impacts your mortgage.

Debt-to-income ratio

Redfin

JULY 23, 2025

In addition to repaying the principal amount of the loan, the monthly mortgage payment includes additional costs that can vary based on location and mortgage type. Let’s break it down. How much is the monthly mortgage payment on a $500K house?

Mortgages

Marco Santarelli

APRIL 16, 2025

If you're planning to secure a mortgage or refinance your existing loan, today's mortgage rates – April 16, 2025 have dropped significantly across multiple loan types. Mortgage Rates – Detailed Overview Mortgage interest rates play a crucial role whenever you plan to purchase a home or refinance your existing loan.

Fixed-rate mortgage