Housing Wire

JANUARY 10, 2024

Sue Haviland has also joined the division as a loan officer, coming off of a roughly three-year stint as Finance of America Reverse (FAR)’s national sales trainer in learning and development. Michael Weltman has also joined the division as an area manager, coming to the company from One Trust Mortgage.

Banks 404

Banks Mortgages Lending Loan Officer 404

Housing Wire

NOVEMBER 7, 2023

VA loans offer a 100% financing option for qualifying military service members and veterans, and don’t require mortgage insurance. These clients are typically low on funds, which is why they need this type of financing. It would be a disaster for FHA and VA homebuyers,” Evan Potter, branch production manager at Revolution Mortgage.

VA loan 446

VA loan Agents Seller concession FHA loan 446

Housing Wire

MARCH 13, 2023

Treasury and introducing new technologies to the housing finance system. billion loss from the sale of a $21 billion portfolio of available-for-sale securities that triggered massive deposit outflows. Founded in 1983, SVB specialized in banking for tech startups, providing financing for almost half of U.S.

Banks 371

Banks Finance Commercial Technology 371

Housing Wire

NOVEMBER 27, 2023

HousingWire recently spoke with David Bernard, senior managing director of Specialized Mortgage Services at Western Alliance Bank , Member FDIC, about warehouse lending and how the warehouse sector and mortgage finance have progressed and continue to evolve. HW: How has mortgage finance changed in the last few years?

Banks 339

Banks Lending Finance Mortgages 339

Housing Wire

JULY 28, 2023

Our one-stop insurance shop model is designed to give homeowners peace of mind and protect their investment, no matter what life throws their way.” NAF offers numerous home financing options including conventional, jumbo , non-QM, as well as others. In 2023, The Agency ranked as the No.

Brokerage 345

Brokerage Finance Lending Mortgages 345

Housing Wire

MARCH 28, 2024

Better Home & Finance Holding Co. , We are pleased to see early conversion improvements from this new operating model from the seasoned sales talent we are hiring, as well as better alignment between our production output and costs. 31, 2023, we had three warehouse facilities for a total capacity of $425 million.”

Loan Officer 392

Loan Officer VA loan Loans Technology 392

Housing Wire

FEBRUARY 8, 2024

To begin with, his reputation for excellence is ironclad: over a decade of experience as a real estate broker and over $300,000,000 in total sales. In 2024, Tate received Coldwell Banker’s International President’s Premier Award representing the company’s top 1% of all sales professionals. Jane Doe specializes in luxury markets.”

Agents 385

Agents Construction Design Branding 385

Housing Wire

APRIL 11, 2024

DART is a mortgage processing product designed to offer the industry an alternative to offerings from Mortgage Electronic Registration Systems (MERS), with this latest move ostensibly designed to expand the reach of Figure’s own ecosystem. The DART System is pre-integrated with Figure’s origination and loan-sale services. “We

Lending 303

Lending Technology Equity Loans 303

Housing Wire

MARCH 11, 2024

Peak 65 serves as an historic demographic milestone of the new paradigm shift that is changing every aspect of the housing market , finance, retirement planning process and the fragile supply/demand balance of housing inventory for real estate at large. Paul Donohue is a reverse area sales manager for Mutual of Omaha Reverse Mortgage.

Staging 377

Staging Finance As-is Closing 377

Housing Wire

FEBRUARY 8, 2024

This week, Mortgage Cadence announced that it had appointed longtime reverse mortgage industry professional George Morales to serve on its sales team. George Morales: My new role is really designed to bring reverse mortgage insights and perspectives to the company. My role as a salesperson is interesting. reverse) as well.

Banks 363

Banks Mortgages Technology Branding 363

Housing Wire

MARCH 11, 2021

This can’t-miss session will equip you with a borrower retention game plan designed to ensure every borrower has the right loan, right now. Plus, get a sneak peek at bleeding-edge innovations in borrower intelligence like Sales Boomerang ’s Prescriptive Scenarios. Panelist: Alex Kutsishin, CEO & Co-Founder, Sales Boomerang.

Sales 222

Sales Loans Design Finance 222

Housing Wire

MAY 14, 2024

The investment from Radian Group and existing shareholders will enable FinLocker to introduce a suite of new features and tools designed to optimize the homebuying and homeownership experience. ” FinLocker raised roughly $20 million in 2020 in its Series A round ( TransUnion was one of its early backers ) and $2.25

Pre-qualification 324

Pre-qualification Technology Equity Development 324

Housing Wire

JUNE 22, 2022

United Wholesale Mortgage (UWM), the nation’s largest wholesale lender, wants to beat rival lenders by offering competitive pricing to brokers, a move designed to navigate a shrinking mortgage market with compressed margins. UWM dropped rates by 50 to 100 basis points across all loan types, the company said in a release.

Loans 424

Loans Loan Officer Banks Mortgages 424

Housing Wire

JUNE 15, 2021

Sprout hired former Wells Fargo executive Michael Johnson to expand Sprout’s consumer and retail sales channel, the company said Tuesday. Johnson spent two decades at Wells Fargo, leading sales teams in the Miami and Philadelphia regions. Johnson, based in Miami, has also worked at PNC Bank during his career in mortgage banking.

Mortgages 358

Mortgages Lending Banks Residential 358

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. billion, according to offering documents.

Equity 394

Equity Purchase and sale agreement Marketing Lending 394

Housing Wire

AUGUST 14, 2023

billion in penalties to settle a civil action alleging misconduct related to the underwriting, issuance and sale of residential mortgage-backed securities (RMBS) before the 2008 financial crisis. The decision is part of UBS’s strategy to focus more on financing mortgage originators, per a Bloomberg report from May.

Due diligence 327

Due diligence Banks Loans Investor 327

Realty Biz

JULY 17, 2022

Kick-Out Clause vs. Home Sale Contingency. When the real estate market favors sellers home sale contingencies almost become extinct. In hot markets there would never be a need for a seller to even considered a home sale clause. Most real estate agents would laugh at the thought of seeing an offer with a home sale contingency.

Home sale contingency 133

Home sale contingency Purchase and sale agreement Sales Earnest money deposit 133

Housing Wire

JUNE 30, 2022

As one of the few lenders to hold a Community Development Financial Institution (CDFI) designation, Champions Funding promotes growth in some of the nation’s most distressed communities. Kimberley Torres: Executive Vice President of Sales.

Lending 337

Lending Mortgages Loans Design 337

Housing Wire

JUNE 13, 2022

While real estate professionals are perfectly positioned to introduce homebuyer assistance as a concept, home financing is not their schtick. And, importantly, financing borrowers with homebuyer assistance is good for business. their lenders) if homebuyer assistance is right for them. There is consumer demand for homebuyer assistance.

Finance 358

Finance Loans Closing Closing costs 358

The Close

MARCH 18, 2022

Real estate designations separate you from the competition, demonstrate your expertise, and give you access to professional networks for referrals and support. But, with so many designations to choose from, it’s hard to tell which ones are worth your time, effort, and money. About Real Estate Designations.

Design 98

Design Commercial Property Management Residential 98

Calculated Risk Real Estate

APRIL 19, 2024

From the NMHC: Apartment Market Continues to Loosen Amidst Worsening Financing Conditions Apartment market conditions continued to weaken in the National Multifamily Housing Council’s (NMHC’s) Quarterly Survey of Apartment Market Conditions for April 2024. Meanwhile, the U.S.

Marketing 72

Marketing Equity Finance Sales 72

HomeLight

JANUARY 31, 2024

You can then make a strong offer on your next home with no home sale contingency. In real estate, when a house is listed as “ contingent ,” it means the sale of the property is conditional upon certain criteria being met. If significant defects are found, the buyer can renegotiate or withdraw from the sale without penalty.

Purchase and sale agreement 100

Purchase and sale agreement Inspection contingency Home sale contingency Inspection 100

Calculated Risk Real Estate

OCTOBER 20, 2023

“A combination of rising interest rates and tightening lending standards has caused a decrease in the availability of debt financing for the ninth consecutive quarter,” noted NMHC’s Vice President of Research, Caitlin Sugrue Walter. This is the fifth consecutive quarter with looser conditions than the previous quarter.

Marketing 118

Marketing Equity Finance Lending 118

Housing Wire

JUNE 24, 2021

Panelists: Bill Dallas, President, Finance of America Courtney Graham, Chief Marketing Officer Princeton Mortgage Alcynna Lloyd, Digital Media Manager, HousingWire. Panelists: Alex Kutsishin, CEO & Co-Founder, Sales Boomerang Caren Karris, Director of Marketing, HousingWire. Winning in a red-hot purchase market.

Lending 302

Lending Loan Officer Finance Mortgages 302

Realty Biz

FEBRUARY 19, 2024

Unlike purchasing a ready-made home, it offers the flexibility to design and build according to personal or business needs. However, the process involves intricate steps, from understanding zoning laws to securing financing and conducting due diligence. Technically, you also do not have a buildable lot without an approved design.

Land 127

Land Due diligence Title search Finance 127

Housing Wire

MAY 4, 2023

We designed the event with the attendee outcome in mind. These leaders will join the ranks of former HW Annual speakers like Sandra Thompson, director of of the Federal Housing Finance Agency , Laura Escobar, president at Lennar Mortgage , and Rick Haase, president at United Real Estate. So what does this look like in action?

Title 308

Title Development Staging Mortgages 308

HomeLight

NOVEMBER 29, 2023

In a market where inventory is limited, and prices are high, syncing the timing and finances of both transactions becomes a significant challenge. You can then make a strong offer on your next home with no home sale contingency. But there’s an alternative that might just be the solution you’re looking for: a bridge loan.

Equity 104

Equity Loans Debt-to-income ratio Home sale contingency 104

Housing Wire

APRIL 26, 2022

A rising player in the world of crypto-mortgages and blockchain-enabled financing, LoanSnap, plans expand its reach in the market by opening its lending platform to licensed mortgage brokers across the country in the near future. The financing for the initial deal was handled through a cryptocurrency lender called Helio Lending.

Due diligence 440

Due diligence Mortgages Equity Loans 440

Housing Wire

MAY 25, 2022

Non-QM loans are harder than other loan products, so lenders must invest the time, resources and education into their sales teams and brokers to learn the intricacies of non-QM products. They are simply being excluded from the homebuying market due to traditional loan requirements that don’t meet the needs of their unique finances.

Debt-to-income ratio 374

Debt-to-income ratio Lending Pre-qualification Loans 374

Windemere Selling

NOVEMBER 8, 2021

Like other professionals, real estate agents have the ability to specialize in certain areas of the business by earning designations. Those acronyms signify that they have achieved a specific designation through extensive training and education. So why should real estate designations matter to you?

Design 52

Design Commercial Short sale Land 52

Housing Wire

DECEMBER 2, 2020

The message was clear: if you weren’t already invested in new digital mortgage experience, then your competition already beat you to the sale. The digital point of sale (POS) was born. The next wave of innovators seeks to merge real estate and finance transactions into a re-imagined experience for the homeowner.

Industrial 337

Industrial Mortgages Lending Technology 337

Housing Wire

FEBRUARY 14, 2024

As a result, homeowners either must sell their current home and suffer through double moves and short-term rentals to access the equity they’ve accrued, or they have to make contingent offers that require the sale of their current house to close. JF: We’ve carefully designed our processes, so our incentives are always aligned with yours.

Backup offer 378

Backup offer Loan Officer Home sale contingency Branding 378

HomeLight

DECEMBER 29, 2023

Whether you’re relocating for a new job, struggling with finances, or dealing with personal issues like a divorce, the need for a fast sale can add pressure to an already stressful situation. This guide is designed to help Vermont homeowners like you navigate the complexities of a fast home sale.

Finance 96

Finance Property Management Inspection Sales 96

Housing Wire

SEPTEMBER 8, 2022

The entire system has to be designed to inflate the price over time. million homes for sale, but in 2022 we got as low as 870,000 in total inventory. Remember, the system is designed to keep home prices inflated. This is what we do in America. I have to make this statement because all six of my recession flags are up.

Loans 543

Loans Banks Equity Closing costs 543

Housing Wire

MARCH 3, 2022

. “Whether it is a natural disaster, a job loss, or an illness, forbearance is wildly effective,” John Lawrence, executive vice president of the Texas-based servicer Selene Finance , said last week during the Mortgage Bankers Association (MBA) Servicing Conference in Orlando. So, it may start to come down.

Principal 364

Principal Loans Lending Finance 364

Housing Wire

APRIL 22, 2022

The percentage an agent pays depends upon the sale price of the property. In addition, Capezza wrote that the company is “exploring ways to integrate financing with Zillow Home Loans for our customers, with the goal of connecting more transaction-ready customers with our partners.”.

Agents 370

Agents Finance Loans Design 370

The Close

SEPTEMBER 30, 2020

After 26 years of being a residential real estate agent, managing broker, and real estate coach, I too have wondered if there is a massive benefit for me to get my CCIM designation. OK, let’s start at the beginning: What Is a CCIM Designation? CCIM stands for Certified Commercial Investment Member. Cost of CCIM Courses in 2020.

Residential 102

Residential Design Agents Commercial 102