Housing Wire

JANUARY 9, 2024

Heading into 2024, there are continuing and emerging financing options, grant programs and legislation all designed to help homeowners and builders create much-needed infill housing. These will help on the margin, but we still need smart lenders to help create even more robust financing options for ADUs.

Finance 485

Finance Construction Loans Renovation 485

Housing Wire

AUGUST 30, 2024

As a salve, a vocal minority of activists say that “simply” allowing the financing of buyer-agent commissions into mortgages will resolve all concerns. For reasons both practical and legal, buyer-agent commissions are not today explicitly financeable with a mortgage. To avoid this, you’d need additional rule changes.

Finance 420

Finance Agents FHA loan Closing costs 420

Housing Wire

DECEMBER 20, 2024

The Federal Housing Finance Agency (FHFA) this week announced a new final rule establishing affordable housing goals for the loan purchases of government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac from 2025 through 2027. The goals, originally proposed in August , are largely unchanged from the initial draft.

Finance 485

Finance Loans Mortgages Development 485

Housing Wire

SEPTEMBER 4, 2024

Bosman and Kulvin each have decades of experience in real estate finance and “will strengthen Pretium’s investment team as the firm continues to expand its impact in the residential financial ecosystem,” the company said in its announcement. The firm hired Brendan Bosman, a former senior managing director and head of U.S.

Finance 416

Finance Residential Investor Lending 416

Housing Wire

OCTOBER 21, 2024

The construction activity is likely to place the housing industry and its financing partners on a “collision course” with insurers, the outlet said. This is the most among all states, according to an analysis by climate-modeling firm First Street Foundation on behalf of the The Wall Street Journal.

Construction 479

Construction Development Finance Mortgages 479

Housing Wire

NOVEMBER 12, 2024

Finance of America (FOA), the leading reverse mortgage lender, presented a robust outlook last week in its third-quarter 2024 earnings and is aiming to hit the ground running with business in 2025. This represents a significant opportunity for us as our products are specifically designed to serve this demographic.”

Mortgages 368

Mortgages Equity Lending Design 368

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. Together, we’re changing the way people think about home financing by offering solutions that work for real people in real markets.”

Purchase and sale agreement 420

Purchase and sale agreement Mortgages Equity Finance 420

Housing Wire

NOVEMBER 25, 2024

The Federal Housing Finance Agency (FHFA) on Monday unveiled its three-year plan for the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac to improve housing opportunities in underserved areas. The DTS plans aim to address a lack of liquidity across manufactured housing, affordable housing preservation and rural housing.

Development 421

Development Finance Design Mortgages 421

Housing Wire

NOVEMBER 15, 2024

But in Greater Austin , the “Holiday of Homes” offers flex cash — which can be used towards design selections or structural options — and financing.

Fixed-rate mortgage 397

Fixed-rate mortgage Closing costs Residential Finance 397

Housing Wire

NOVEMBER 12, 2024

This comes from a new survey by Down Payment Resource — a nationwide database designed to connect prospective homebuyers to financial assistance opportunities. The study analyzed DPA programs from more than 1,300 housing finance agencies, municipalities, nonprofits and other organizations. in third-quarter 2024.

Mortgages 384

Mortgages Finance Loans Design 384

Housing Wire

JANUARY 22, 2025

Rocket.com is designed for serious buyers and sellers, offering a streamlined path to homeownership, said Jamie Belsky, chief product and design officer at Rocket. With this intuitive platform, we will remove traditional barriers for homebuyers through instant offers, AI-powered financing and Verified Approval Letters.

Staging 370

Staging Design Mortgages Finance 370

Housing Wire

JUNE 20, 2024

Finance of America (FOA), the leading U.S. reverse mortgage lender, has received shareholder approval upon recommendation of its board to perform a reverse stock split at a 10-to-1 ratio in a move designed to boost the company’s stock price.

Finance 430

Finance Investor Mortgages Equity 430

Housing Wire

JUNE 26, 2024

Reverse mortgage industry leader Finance of America (FOA) announced this week that it has restructured its unsecured debt into new, secured debt that will come due beyond the original 2025 maturity date. This is the latest move undertaken by FOA to improve the financial posture of the company.

Finance 385

Finance Principal Commercial Equity 385

Housing Wire

JANUARY 22, 2025

SmartSale is designed as an alternative for sellers who are navigating financial challenges or simply seeking greater control, Auction.com explained.

Proof of funds 370

Proof of funds Equity Technology Banks 370

Housing Wire

MAY 9, 2025

Older homeowners living on a fixed income have a higher chance of seeing their finances destabilized by rising costs, and that can be particularly true of something like property taxes. For homeowners who have either a forward or reverse mortgage on their home, these costs also must be paid in order to keep the loan in good standing.

Loans 331

Loans Finance Design Mortgages 331

Housing Wire

NOVEMBER 11, 2024

Zillow is moving full speed ahead with an ambitious expansion of its mortgage business, leveraging its housing tech innovations to potentially reshape how modern homebuyers finance homes. The lead generation program is designed for top-producing agents and teams who spend thousands a month on Zillow leads.

Mortgages 432

Mortgages Loan Officer Loans Agents 432

Housing Wire

FEBRUARY 10, 2025

Non-QM Prime is designed to offer “flexible documentation” to borrowers with strong credit profiles. Cardinal Financial is also offering real estate investor financing with its Foreign Debt Service Coverage Ratio ( DSCR ) and Investor Solutions DSCR products.

Loans 288

Loans Finance Investor Mortgages 288

Housing Wire

MARCH 20, 2025

Christopher Stanley, a cybersecurity engineer who has ties to Musks SpaceX , was one of the people appointed to Fannie Maes board following a move by new Federal Housing Finance Agency (FHFA) Director Bill Pulte to dismiss multiple board members and install himself as chair.

Finance 365

Finance Design As-is Mortgages 365

Housing Wire

NOVEMBER 7, 2024

For homeowners with conventional loans backed by Fannie Mae and Freddie Mac , insurance at replacement cost is mandatory, but flood insurance is only required in designated flood zones. Others say homeowners insurance wasn’t designed around catastrophe risk — it was designed around idiosyncratic storms or trees falling on roofs.

Design 458

Design Mortgages Lending As-is 458

Housing Wire

JANUARY 17, 2025

It also has a proprietary origination system designed to speed up the funding process. A&D Mortgage was the 80th-largest lender in the country through the first nine months of 2024, according to estimates from Inside Mortgage Finance (IMF). It originated $2.37 billion in loans during this period, up 37.5% year over year.

Mortgages 370

Mortgages Lending Banks Finance 370

Housing Wire

MARCH 21, 2025

Findings include 71% of loan officers reporting an increase in buyers who are willing to purchase fixer-uppers, explore unconventional financing or accept high mortgage rates despite long-term financial concerns. Many first-time homebuyers are stretching their finances to the limit.

Debt-to-income ratio 274

Debt-to-income ratio Loan Officer Marketing Loans 274

Housing Wire

AUGUST 29, 2024

I took on that segment with an SRES-designated real estate agent. Over a three-hour period, each of the three sections was covered including the “securing your wealth” segment, where Hopkins was able to discuss the Home Equity Conversion Mortgage (HECM) program. “I was able to highlight HECMs and reverse mortgages,” she said. “I

Finance 418

Finance Mortgages Equity Development 418

Housing Wire

MARCH 4, 2025

Top five reverse mortgage lender Finance of America (FOA) announced on Tuesday the hiring of two new executive leaders to modernize the companys digital and customer experience strategies. “These executive appointments are crucial for Finance of Americas objective to redefine the reverse mortgage experience.

Technology 263

Technology Equity Finance Mortgages 263

Housing Wire

DECEMBER 17, 2024

The Federal Housing Finance Agency (FHFA) on Tuesday released an update about the sales of non-performing loans (NPLs) through the government-sponsored enterprises (GSEs), saying the data has shown a steady drop in mortgage delinquencies since the start of COVID-19 pandemic. These loans had an average delinquency rate of 2.8 billion.

Loans 381

Loans Sales Principal Design 381

Housing Wire

APRIL 14, 2025

Better Home & Finance Holding Co. As part of the agreement, Better is granting the investor the right to designate one non-voting board observer starting June 1, 2025. Better is retiring $530 million of outstanding debt accruing interest at 1% annually and due in 2028. Better is also making a one-time cash payment of $110 million.

Equity 293

Equity Loans Finance Investor 293

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. “Private lenders are filling a critical gap in the market, especially as traditional banks pull back on real estate financing.

Lending 237

Lending Equity Banks Construction 237

Housing Wire

JUNE 6, 2025

The new program has $100 million behind it, according to reporting from CBS News , and will be managed by the California Housing Finance Agency (CalHFA). Ashley Smith , senior vice president of marketing strategy and communications at Finance of America , also provided a statement of support. 1, 2023 to Jan.

Mortgages 248

Mortgages Finance Principal Loans 248

Housing Wire

NOVEMBER 1, 2024

We’re excited to share that the FHFA ( Federal Housing Finance Agency ) pilot is expanded to all sellers who do business with Freddie Mac. Sonu Mittal: Our goal was determining how to continue having the right focus on loan quality while reducing friction when a repurchase happens for performing loans.

Loans 373

Loans Principal Finance Closing 373

Housing Wire

FEBRUARY 6, 2025

Finance a loan, and you may lose money. Avoid financing, and you risk missing out on a sales growth opportunity. Also, DSCR five- to nine-unit loans are designed for larger multi-family homes. This loan type offers up to $2 million in financing. Bank Statement loans are designed for self-employed borrowers.

Loans 288

Loans Mortgages Equity Construction 288

Housing Wire

MAY 14, 2025

Working with an advisor, having access to guaranteed income, and building a plan thats designed to last. These include adopting a healthier lifestyle (58%); paying closer attention to finances while increasing savings (67%); and taking on less debt (63%). There is also a silver lining in the data, the results noted.

Equity 273

Equity Finance Mortgages Design 273

Housing Wire

MARCH 5, 2025

In a press release, the company said it plans to grow the partnership over the next several years through a variety of initiatives designed to build its brand while supporting its mission, vision, values, and industry leadership. Pennymac was the nations second-largest lender in 2024, according to Inside Mortgage Finance (IMF) data.

Design 288

Design Mortgages Branding Finance 288

Housing Wire

DECEMBER 9, 2024

These will ideally allow for the somewhat siloed reverse mortgage industry to more easily collaborate with others in the mortgage finance ecosystem. Because of that, more people in the industry have a better understanding of seniors unique challenges, which could necessitate more products designed for them.

Mortgages 365

Mortgages Lending Banks Industrial 365

Housing Wire

JUNE 9, 2025

“Gradient Mortgage Capital understands that every deal is unique, which is why their loan solutions are designed to help mortgage intermediaries assist entrepreneurial real estate investors at every stage of their journey,” the company explained in its news release. ” .

Mortgages 244

Mortgages Commercial Lending Loans 244

Housing Wire

NOVEMBER 1, 2024

This course covers real estate law, contracts, finance and ethics. For example, a designated broker is someone who owns a real estate firm and oversees business activities, such as hiring and managing other brokers, agents and office staff. Broker-in-charge or Principal broker : These roles most closely align with designated brokers.

Agents 421

Agents Brokerage Purchase and sale agreement Commercial 421

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 It trails only channel leader Longbridge Financial and industry-leading lender Finance of America (FOA), respectively.

Principal 421

Principal Branding Investor Mortgages 421

Housing Wire

JUNE 13, 2025

A new Kiplinger report warns that age bias in AI training data — often shaped by younger users — could sideline seniors in tech design and utility. AI training could be alienating, leaving out older adults As AI adoption accelerates, older adults risk being left behind. million in seed funding. million in seed funding.

Industrial 250

Industrial MLS Loan Officer Lending 250

Housing Wire

APRIL 2, 2025

Top-five reverse mortgage industry lender Finance of America (FOA) announced on Wednesday that it has promoted Jonathan Scarpati to the role of chief production officer. Scarpati previously served as the company’s senior vice president of wholesale lending.

Equity 243

Equity Finance Lending Branding 243