Housing Wire

DECEMBER 20, 2024

House of Representatives proposes to relieve Federal Housing Administration (FHA) borrowers of mortgage insurance premiums (MIPs) once they reach a certain level of home equity , aligning FHA policies with those of conventional loans. Mortgage insurance exists as protection from foreclosure on low equity loans. Introduced by Reps.

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Housing Wire

APRIL 1, 2025

An alternative home equity-tapping product backed by former executives from a reverse mortgage lender has been rolled out to several additional states, following an earlier move that secured hundreds of millions of dollars in financing. Our growing presence across the U.S.

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Housing Wire

APRIL 10, 2025

Unlike existing owners, these buyers have no low-rate loan to protect, no equity to leverage, and no fallback. The core insight: a well-designed financial product can serve both borrowers and lenders without creating systemic friction. In todays environment, that design is becoming a liability. Its a design problem.

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Housing Wire

JANUARY 22, 2025

For those who are struggling to repay their mortgages, the process aims to help them avoid foreclosure and retain their home equity. Every distressed customer deserved a chance to protect their equity, and Auction.com is going beyond auctions to make that possible, President Ali Haralson said in a statement.

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Housing Wire

JUNE 10, 2025

It’s doing so with the launch of a new home equity line of credit ( HELOC ) option specifically for customers ages 62 and older. Namely, it concerns the frequently expressed reluctance of older homeowners to tap into home equity in retirement out of fear that it will limit the assets they can leave to heirs.

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Equity Principal Development Mortgages 358

Housing Wire

OCTOBER 18, 2024

Indiana-based lender Ruoff Mortgage is making a move designed to help more homeowners get into new homes with ease. Sellers can tap into their current home equity in a bid to buy another property without coming up with cash for a down payment.

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Housing Wire

OCTOBER 5, 2023

As the housing market suffers through a drought of home sales and related mortgage originations in the current high-rate environment, home prices and home equity continue to climb, helping to spark a revival of another sector — home equity lending and investment. homeowners saw home equity increase 1.7%

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Housing Wire

NOVEMBER 7, 2024

The California-based lender recently introduced a revised branding effort , the “Flex Payment Mortgage“ suite, that is designed to broaden the appeal of its reverse offerings to more potential partners. It wants options available to first-time buyers as well as age-appropriate offerings for a person’s later years.

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Mortgages Equity Lending Branding 369

Housing Wire

MAY 15, 2024

Peter Van Gelderen, co-head of Global Securitized at TCW , a leading global asset management firm, said this means there could potentially be two new and unique products unveiled on the agency side: CES loan purchases and a related credit-risk transfer product designed to shift some of the agency CES risk to private investors. “In

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Housing Wire

APRIL 9, 2025

While homeowners take pride in seeing their personal tastes and design choices come to life, Realtors may recommend different strategies to enhance the propertys resale value. Instead, the substantial housing equity that homeowners have built up over time enables them to invest in transforming their homes while they remain in place.

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Housing Wire

OCTOBER 24, 2024

Valon’s platform — the first of its kind to provide end-to-end mortgage servicing — was designed to boost efficiency and transparency for home buyers and sellers. Valon’s platform offers traditional purchase and refinance products, alongside alternative products like home equity lines of credit ( HELOCs ).

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Housing Wire

JANUARY 3, 2024

population grows older with each passing year, looking for new and novel ways to fund long-term care for the aging population could include home equity. As the gap between high- and low-income homeowners widens, the equity they’ve built up in their homes could make a difference in the equation. As the U.S.

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Housing Wire

SEPTEMBER 22, 2023

Borrowers everywhere are seeking new ways to tap into their home equity. To help homeowners explore their home equity options, lenders, investors and others in the industry should consider leveraging tech-backed services. But with rising mortgage costs and high interest rates , refinancing doesn’t always make the most sense.

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Housing Wire

NOVEMBER 6, 2023

The use of artificial intelligence (AI) is poised to grow amid higher origination costs and greater competition, but without correcting the underlying causes of bias in data, AI models can embed racial equity inequality on a larger scale, a recent report from the Urban Institute concluded. “It

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Equity Mortgages Finance Development 405

Housing Wire

JANUARY 4, 2024

While home equity can certainly be a beneficial tool for some seniors to deploy, it will not always be a definitive answer for every senior’s needs. “If you could use your home equity to make your life better — to buy hearing aids, for example — maybe that’s a good investment.” ” Molinsky told NextAvenue.

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Equity Renovation Lending Finance 397

Housing Wire

APRIL 15, 2025

“FirstTeam’s impressive growth is fueled by a robust ecosystem designed to nurture agents at every stage of their career,” said Michele Harrington , the companys CEO. The firm is among the largest privately held U.S. brokerages and is a founding member of Leading Real Estate Companies of the World. The company reported $6.13

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Housing Wire

MAY 15, 2024

Peter Van Gelderen, co-head of Global Securitized at TCW , a leading global asset management firm, said this means there could potentially be two new and unique products unveiled on the agency side: CES loan purchases and a related credit-risk transfer product designed to shift some of the agency CES risk to private investors. “In

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Equity Marketing Loans Investor 412

Housing Wire

APRIL 14, 2025

As part of the agreement, Better is granting the investor the right to designate one non-voting board observer starting June 1, 2025. In exchange, the company has issued $155 million in new senior secured notes to SB Northstar at a 6% annual interest rate due in December 2028. Better is also making a one-time cash payment of $110 million.

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Equity Loans Finance Investor 293

Housing Wire

JUNE 26, 2023

Digital mortgage exchange and loan aggregator MAXEX announced on Monday it closed an equity investment round and partnerships to expand liquidity amid the recent market volatility. Terms of the transaction were not disclosed. ” The company also announced that it expanded its bulk- and forward-trading loan programs.

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Housing Wire

FEBRUARY 20, 2025

Chase Home Lending recently announced a limited-time, nationwide interest rate discount that is designed to help homeowners save on their monthly mortgage payments.The offer is in effect through March 7. through a cash-out refinance, Gidwaney told HousingWire. Gidwaney explained that the rate discount depends on a customers service area.

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Lending Equity Mortgages Design 305

Housing Wire

FEBRUARY 6, 2025

If that isnt spectacular enough, Deephaven offers interest-only options for maximum property cash flow alongside cash-out solutions to consolidate debt and unlock equity. Also, DSCR five- to nine-unit loans are designed for larger multi-family homes. Equity Advantage HELOC loans offer similar benefits as a revolving line of credit.

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Loans Mortgages Equity Construction 288

Housing Wire

MAY 22, 2025

Polk County, which encompasses the states capital and largest city, Des Moines, and is home to more than 500,000 people announced this week the rollout of a dedicated program that’s designed to help older residents age in place. According to data from the U.S. of the population. Its a win-win.

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Housing Wire

MARCH 25, 2025

The agreement is designed to fit the New York-based lender’s asset-based underwriting model, allowing for greater flexibility in how capital is allocated across its varied loan portfolio. ” The lender arranges debt and equity capital raises from $25 million to $5 billion and advises on mergers and acquisitions.

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Housing Wire

MARCH 4, 2025

Of his upcoming work, the company said Conneen will lead the charge in implementing modern, scalable solutions to both consumers and lender partners who wish to unlock home equity with greater efficiency, transparency, and accessibility.

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Technology Equity Finance Mortgages 263

Housing Wire

NOVEMBER 15, 2024

The health of the Home Equity Conversion Mortgage ( HECM ) book of business remains strong from FHA’s perspective, as its economic value has increased while the portfolio overall has recovered from issues that previously put it on shaky financial footing.

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Housing Wire

DECEMBER 18, 2024

Citi led creative testing throughout the year-long site design and build, and will conduct testing throughout 2025. There are some calculators that they can leverage about how to access the equity in their home, information on home equity lines of credit , those sorts of things that we’re starting with, Stahlman added.

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Housing Wire

MARCH 6, 2025

HUD is working with mortgage servicers and others to assess the extent of properties with FHA-insured mortgages in the designated area that have been severely damaged or destroyed, the department explained. HUD advises anyone in the designated PDMDA who is having trouble making their mortgage payments to immediately contact their servicer.

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Equity Mortgages Design Development 321

Housing Wire

MAY 1, 2025

The co-sponsor program, officially unveiled at eXp s EXPCON conference in Montreal, Canada , allows new agents and commercial advisers to designate a primary sponsor a longtime element of eXps model and a co-sponsor who contributes to their early success.

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Agents Commercial Equity Development 265

Housing Wire

FEBRUARY 6, 2025

They’ve got a lot of equity , and so they’re able to tap into that to help with living expenses. They can be beneficial Im not necessarily an advocate but sometimes those can be helpful, as well, to give folks some cash flow, Batey said. Because their largest asset may well be their home with these escalating prices.

Mortgages 377

Mortgages Staging Equity Loans 377

Housing Wire

DECEMBER 17, 2024

Existing homeowners, leveraging their home equity, can make substantial down payments, giving them a significant edge over first-time buyers who must borrow more at todays higher interest rates. This aging trend is matched by a rise in wealth among homebuyers. Register today to attend the Housing Economic Summit in Dallas, on Feb.

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Housing Wire

DECEMBER 27, 2024

With Home Equity Conversion Mortgage (HECM) volume declining on an annual basis, many industry participants cited at least one key factor that couldve driven the decline, but the view was not universal. Reverse mortgage business and mortgage business generally is not where people want it to be.

Industrial 384

Industrial Mortgages Principal Lending 384

Housing Wire

MAY 6, 2025

A shifting market demands a faster response Many borrowers who locked in loans over the past few years are sitting on tappable equity and watching the market closely. Its specifically designed to maximize early-funnel conversion and re-engage past borrowers at scale. million borrowers could refinance.

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Pre-qualification Loans Closing Design 421

Housing Wire

MAY 7, 2025

Roughly 73% of respondents said they used personal savings to cover renovation costs, significantly outpacing those who relied on credit cards (17%) and home equity loans (15%). Living through construction was the top stressor (55%), followed by project delays (35%) and the pressure of making design choices (29%).

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Renovation Technology Equity Design 248

Housing Wire

MAY 14, 2025

Working with an advisor, having access to guaranteed income, and building a plan thats designed to last. So that was the original justification for the [Home Equity Conversion Mortgage (HECM)] portfolio coordination strategy. We consistently see that those who plan for longevity feel more confident about retirement, Finke said.

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Equity Finance Mortgages Design 273

Housing Wire

DECEMBER 9, 2024

Because of that, more people in the industry have a better understanding of seniors unique challenges, which could necessitate more products designed for them. The second step is to understand the landscape of existing equity release product offerings. Naturally, this includes reverse mortgages, he explained.

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Mortgages Lending Banks Industrial 365

Housing Wire

OCTOBER 24, 2024

Aligned with their success’ These protections are designed to signal that brokers can have more trust when bringing their business to Mutual of Omaha, according to reverse division president Alex Pistone. “As

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Principal Branding Investor Mortgages 421

Housing Wire

APRIL 4, 2025

The Platinum Peak product suite aims to offer higher available loan-to-value (LTV) ratios, which are designed to translate into higher loan proceeds for borrowers, according to the announcement. Other lenders active in the proprietary space include University Bank , Smartfi Home Loans and Nationwide Equities.

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Mortgages Principal Loans Equity 268