Housing Wire

FEBRUARY 12, 2024

New Jersey-based mortgage lender The Money Store named industry veteran Coleen Bogle as chief marketing officer, the company announced on Monday. The hiring follows changes in marketing leadership at other mortgage companies, including Guild Mortgage and Rocket Companies.

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Marketing Loan Officer Lending Branding 380

Housing Wire

MAY 10, 2024

The Real Brokerage welcomes Texas -based independent brokerage The Property Shop , led by Season Ware, the company announced on Friday. I’ve committed to always doing what’s best for my team, and this was a no-brainer.” The acquisition brings 125 additional agents to Real. “By

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Brokerage Branding Equity Technology 380

Housing Wire

NOVEMBER 1, 2023

Michael Gifford and David Zvaifler‘s home equity investment company, Splitero , lost its main investor, Redwood Trust , HousingWire has learned. According to an internal presentation deck, the startup had secured more than $1 billion in committed capital. Atalaya committed $250 million while Kingsbridge put up $50 million.

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Equity Investor Loan Officer Finance 391

Housing Wire

APRIL 3, 2024

the parent company of top five reverse mortgage lender Liberty Reverse Mortgage and PHH Mortgage Corp. This is according to a company spokesperson and a subsequent announcement issued on Wednesday. Messina went on to describe the company having “steadily grown” its mortgage servicing and subservicing portfolios.

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Branding Mortgages Staging Equity 330

Housing Wire

MAY 9, 2024

Guild Holdings Company , parent company of Guild Mortgage , recorded a 6% increase in mortgage originations and much higher revenue levels in the first quarter of 2024 than in 2023. The company’s unpaid principal balance (UPB) in its servicing portfolio also grew by two percent to $86.3 billion, the company said.

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Housing Wire

MARCH 26, 2024

Ellington Financial , the parent company of reverse mortgage industry lender and servicer Longbridge Financial , announced the successful closing of a new securitization backed by a pool of proprietary reverse mortgages initially originated by Longbridge. Line-of-credit versions are available in 18 states and D.C. It’s been a tough business.

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Housing Wire

APRIL 17, 2024

Capital Fundings , a Florida -based private mortgage lender, has partnered with real estate investment platform Privy , the companies announced on Tuesday. Our commitment to empowering borrowers aligns perfectly with Privy’s mission to revolutionize real estate investment through technology and education.

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Housing Wire

MAY 7, 2024

The PPE system is native to the cloud and is described by the company as “commercially scalable” through a series of customizable options. We recognize the limitless possibilities of AI to transform our industry for the better, and are committed to delivering the innovations that drive value and ROI for mortgage lenders and borrowers alike.”

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Housing Wire

MARCH 26, 2024

California-based loanDepot will pay an undisclosed amount and commit to improving its mortgage appraisal practices. But the company hasn’t admitted any fault. A spokesperson for loanDepot told HousingWire that the company “strongly opposes bias in the home finance process.”

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Finance Mortgages 352

Housing Wire

APRIL 19, 2024

Department of Housing and Urban Development (HUD) and Ginnie Mae largely deny any allegations made against the company in the original complaint. Attorneys for the U.S.

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Banks Title Equity Development 394

Housing Wire

FEBRUARY 21, 2024

region with the opening of a new branch in Bethesda, Maryland , the company announced on Tuesday. First Home Mortgage Corp. bolstered its presence in the Washington, D.C. In that context, First Home appointed Chris Channell, a 2022 HousingWire Rising Star , to the position of vice president of business development at the Bethesda location.

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Housing Wire

JANUARY 10, 2024

Jake Droge joins the company as a loan officer, while Carol Olmos has joined the company as an account executive. Michael Weltman has also joined the division as an area manager, coming to the company from One Trust Mortgage. We’ve hired four new people in the month of December, but we’re not done,” he said.

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Banks Mortgages Lending Loan Officer 415

Housing Wire

MARCH 19, 2024

Calque , a company that partners with lenders to offer non-contingent mortgages to homebuyers, has appointed Michael Bremer as CEO. I am thrilled at the chance to join a company dedicated to alleviating the challenges homeowners face during the homebuying and selling process,” Bremer said in a statement.

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Equity Mortgages Agents Sales 369

Housing Wire

AUGUST 24, 2023

The company went public after merging with the special purpose acquisition company (SPAC) Aurora Acquisition Corp. According to Bloomberg News , the digital lender is among the 10 worst-performing companies that merged with SPACs this year. At that time, the company was valued by its investors at $7.7 the prior day.

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Purchase and sale agreement Title Mortgages Equity 369

Housing Wire

MAY 7, 2024

It is shipped from the Boxabl manufacturing facility in Las Vegas and is “designed to unfold into a fully functional dwelling unit in just a few hours,” reducing construction costs and minimizing environmental impacts, according to a company news release.

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Construction Finance Design Technology 404

Housing Wire

MARCH 11, 2024

Configured to give independent mortgage banks, federally insured banks and credit unions the needed tools at an accessible price point, Floify Lender Edition aims to increase lender profitability through its automated processes and efficiency tools, the company said. Founded in 2013, Floify — a subsidiary of Porch Group Inc. —

Mortgages 394

Mortgages Loan Officer Loans Banks 394

Housing Wire

MARCH 6, 2024

Pennymac Financial Services has made changes to its technology leadership, creating a new role focused on digital innovations, the company announced on Tuesday. Meanwhile, Mike Hogan will be Pennymac’s new chief information officer, replacing Lior Ofir, who is departing the company to pursue new opportunities.

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Technology Principal Commercial Mortgages 395

Housing Wire

FEBRUARY 9, 2024

Lenz to its board of directors, the company announced on Thursday. Anywhere is committed to maintaining a high-caliber and diverse Board, and we are confident we will benefit from Joe’s notable business experience. Anywhere Real Estate named Joseph Z. The appointment will be effective starting Feb. Williams. “We

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Housing Wire

MAY 2, 2024

parent company of PHH Mortgage Corp. Under generally accepted accounting principles (GAAP), Ocwen reported GAAP net income of $30 million or diluted earnings per share of $3.74, which company CEO Glen Messina characterized as the “highest level in six quarters.” In Q4 2023, the company reported a GAAP net loss of $47 million.

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Mortgages Branding Equity Loans 313

Housing Wire

FEBRUARY 6, 2024

To redesign the interface, the company collected feedback from more than 250 loan officers, demonstrating the company’s commitment to enhancing user experience. The company also offers a native mobile application, which gives more flexibility to loan officers. The platform is SOC 2 and SSAE 18 certified.

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Loan Officer Lending Banks Loans 345

Housing Wire

APRIL 1, 2024

Since its foundation 85 years ago, NHAR has remained committed to providing its members with support and resources to serve consumers in an efficient, effective and ethical manner; and to advocate for private property rights. We are committed to delivering the data, analytics, media, and events that advance this vision.

Brokerage 395

Brokerage Industrial Agents As-is 395

Housing Wire

SEPTEMBER 25, 2023

The layoff news comes on the heels of Better going public via special purpose acquisition company (SPAC) Aurora Acquisition Corp. When Better debuted on Nasdaq in late August, the SPAC deal unlocked $565 million of fresh capital for the unprofitable company. Better laid off about a quarter of its U.S.

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Title Technology Finance Mortgages 414

Housing Wire

APRIL 30, 2024

In the midst of a higher-for-longer mortgage rate environment that is reshaping the landscape of the mortgage industry, the role of a chief marketing officer (CMO) becomes increasingly pivotal as mortgage companies navigate market fluctuations and changing consumer behaviors. Unlike other mortgage lenders, we prioritize substance over style.

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Loan Officer Technology Loans Finance 421

Housing Wire

SEPTEMBER 19, 2023

Alterra Home Loans , a Nevada headquartered retail lender and a Panorama Mortgage Group company, has promoted Fernando Ospina to president. He originated more than $46 million in loans in 2022, the company said. The company originated $1.23 billion across 3,900 loans in 2022, data from mortgage data platform Modex showed.

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Loans Lending Residential Mortgages 417

Housing Wire

MARCH 5, 2024

The initiative underscores Ginnie Mae’s commitment to bolstering its companywide information security, business continuity and reporting standards. Valverde said these problems affect homeowners, investors and insurance companies, and Ginnie Mae is “a bridge for all those counterparties.”

Principal 379

Principal Investor Finance Mortgages 379

Housing Wire

FEBRUARY 2, 2024

However, in the last quarter of the year, the company lost $36.8 million in damages related to a breach of contract claim in a four-year dispute involving the companies. The company had a $370.7 In this channel, the company reached $23.9 Consumer-direct’s interest-rate lock commitments (IRLCs) came in at $1.6

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Technology Loans Principal Mortgages 372

Housing Wire

MAY 14, 2024

The company said it will be using generative artificial intelligence (AI) and machine learning technologies to provide customers with personalized recommendations, credit management solutions, budgeting assistance and loan qualification tools. It already has more than 40,000 registered customers.

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Pre-qualification Technology Equity Development 246

Housing Wire

APRIL 24, 2024

Florida -based wholesale lender A&D Mortgage appointed Satish Vishwakarma to the role of servicing manager, the company announced on Tuesday. I am committed to leveraging my experience and insights to meet the challenges ahead and support A&D Mortgage in its mission to provide innovative and reliable mortgage solutions.”

Mortgages 354

Mortgages Agents 354

Housing Wire

OCTOBER 19, 2023

CoStar Group , the parent company of real estate data giant CoStar , has made an offer to acquire OnThe Market , the third most visited residential property portal in the United Kingdom. The company offered to acquire the U.K. The company acquired Apartments.com in 2014, at the time the fifth-place U.S. portal for £1.10

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Residential Agents Closing Marketing 377

Housing Wire

FEBRUARY 28, 2024

Ellington Financial , parent company of top 10 reverse mortgage lender Longbridge Financial , reported a lower economic return for the fourth quarter of 2023, which was partially driven by net losses from Longbridge “and other positions,” according to CEO Laurence Penn. per share — Ellington chief financial officer J.R.

Mortgages 379

Mortgages Investor Equity Branding 379

Housing Wire

JANUARY 23, 2024

With the acquisition , Consolidated Analytics expands its valuation solutions, offering clients tools — from data and analytics to appraisals — to predict market value and access a more comprehensive selection of collateral assessment products, the company said. Terms of the deal were not disclosed.

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Due diligence Residential Real-estate owned Lending 428

Housing Wire

JANUARY 10, 2024

billion affordable housing and community development investment platform,” according to an announcement from the company. “It These “have financed 2,800 developments, creating or preserving 200,000 affordable homes nationwide,” The company said. Downes is looking forward to serving in the new position.

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Development Investor Finance As-is 375

Housing Wire

NOVEMBER 1, 2023

Appraisal technology company Accurate Group announced this week that it has acquired Voxtur Appraisal Services , an appraisal management company (AMC). Voxtur will operate as an independent brand within the Accurate Group corporate umbrella, retaining its existing team, including company president Al Broadway, who lauded the deal.

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Lending Technology Branding Finance 403

Housing Wire

JANUARY 9, 2024

Ohio-based mortgage lender CrossCountry Mortgage has adopted the updated credit scoring model FICO Score 10 T to support origination of non-conforming loans and issue mortgage-backed securities (MBS), the company announced on Tuesday. Fair Isaac Corp.

Loans 429

Loans Investor Mortgages Lending 429

Housing Wire

DECEMBER 4, 2023

Coldwell Banker Danforth , a Seattle-based Coldwell Banker franchise, won’t renew its National Association of Realtors (NAR) affiliation at the beginning of 2024, the company announced on Friday. The announcement comes amid major turmoil at the trade organization.

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MLS Brokerage Agents Development 417

Housing Wire

FEBRUARY 26, 2024

CoreLogic promoted Kevin Greene to the role of executive general manager of its real estate business segment, the company announced on Monday. In this new capacity, Greene will oversee operations, sales and customer service efforts, working to empower CoreLogic’s MLS clients. Greene is also a former real estate broker/owner and a U.S.

Industrial 377

Industrial MLS Development Residential 377

Housing Wire

MARCH 4, 2024

HousingWire first launched its subscription program in 2020, and since then has continued to deliver and double down on its commitment to real estate news that you can depend on. We are committed to delivering the data, analytics, media, and events that advance this vision. Read the latest real estate coverage from HousingWire here.

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