Housing Wire

JUNE 6, 2022

The deadline for the mortgage industry to chime in on the Federal Housing Administration ‘s (FHA) proposed 40-year loan modification rule was at the end of May. It remains unclear when the FHA plans to add the 40-year loan modification option to its servicing and loss mitigation handbook.

Loans 414

Loans Industrial Mortgages Real-estate owned 414

Housing Wire

OCTOBER 5, 2023

Industry-leading lender Movement Mortgage will become an “early adopter” of FICO Score 10 T, the updated credit scoring model designed to take advantage of trended data information to help expand mortgage approval rates.

Loans 385

Loans Mortgages Lending Finance 385

Housing Wire

NOVEMBER 10, 2022

The Federal Housing Finance Agency (FHFA) announced on Thursday that the 2023 multifamily loan purchase caps for Fannie Mae and the Freddie Mac will be $75 billion for each government-sponsored enterprise (GSE), for a combined total of $150 billion to support the multifamily market, according to an announcement from the FHFA.

Loans 358

Loans Finance Design Mortgages 358

Housing Wire

MARCH 18, 2022

Mangus then worked to build the dedicated reverse mortgage department at his new company from scratch and has found a notable degree of success by building Home Equity Conversion Mortgage (HECM) for Purchase (H4P) business through the use of continuing education (CE) classes designed for licensed real estate agents. Curtis Mangus.

Loans 456

Loans Closing Mortgages Equity 456

Housing Wire

JANUARY 29, 2021

Over $4 trillion in originations made its way through the housing market last year, and new data from mortgage software firm LBA Ware revealed that by the end of 2020, loan officers played every last card in their deck to get those deals closed by New Years. Despite per-loan compensation decreasing 0.2% Mortgage Tech Demo Day.

Loan Officer 388

Loan Officer Loans Mortgages Industrial 388

Housing Wire

NOVEMBER 29, 2022

The conforming loan limit for mortgages backed by Fannie Mae and Freddie Mac will pass the $1 million mark for the first time in 2023, reigniting a debate about the government’s role in the mortgage market and its persistent affordability challenges. ” Raise the (conforming loan) roof. .

Loans 246

Loans VA loan Mortgages Lending 246

Housing Wire

SEPTEMBER 23, 2020

The Federal Housing Administration’s 203(k) rehabilitation mortgage insurance program is designed for borrowers to renovate when they purchase or refinance. For over 40 years with Section 203(k) of the National Housing Act, FHA has been protecting lenders with fully-insured mortgage loans even as renovations are underway.

Renovation 542

Renovation Loans Lending Finance 542

Housing Wire

APRIL 13, 2023

Change Wholesale is at the forefront of wholesale lending, with the widest variety of products on the market, ranging from traditional lending products to non-traditional products (Alt Doc, Investor/DSCR, Foreign National). As a CDFI (Community Development Financial Institution) — a designation given by the U.S.

Lending 354

Lending Marketing Banks Investor 354

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. It sets up a domino effect [for market activity].”

Equity 385

Equity Purchase and sale agreement Marketing Lending 385

Housing Wire

MAY 13, 2024

Launched in 2023, the program aims to improve funded loan volumes in underserved communities nationwide. During the initiative’s first phase, Guaranteed Rate added new loan products, improved training efforts for processors and underwriters , and established strategic partnerships to expand the company’s presence in underserved markets.

Loans 299

Loans Lending Mortgages Design 299

Housing Wire

MARCH 11, 2024

Solutions within Floify Lender Edition allow lenders to improve recruitment and retention of top-producing loan officers and to navigate regulatory landscapes, according to the company’s website. is a software development company that offers a digital loan origination system and POS for the mortgage industry.

Mortgages 374

Mortgages Loan Officer Loans Banks 374

Housing Wire

JUNE 8, 2021

Low rates and increased demand mean prices are soaring on what stock is available – and what’s available isn’t staying on the market for long. According to Lind, one way for existing housing stock to be expanded and improved upon is through investors or developers using fix’n’flip loans.

Loans 328

Loans Lending Renovation New Construction 328

Housing Wire

AUGUST 31, 2022

With its innovative SaaS platform, Flueid Decision, Flueid brings robust data and analytics forward to jumpstart the loan life cycle, enhance the underwriting process and support a frictionless lender-borrower journey during one of life’s major moments.

Loans 344

Loans Equity Lending Technology 344

Housing Wire

JANUARY 5, 2023

residential mortgage-backed securities (RMBS) market continues to look bleak for 2023. Major factors that will shape the RMBS market include a dramatic reduction in origination volume and mortgage lenders exiting the business , according to a report from DBRS Morningstar on the outlook of the industry. .

Marketing 410

Marketing Equity Loans Investor 410

Housing Wire

JANUARY 25, 2022

The Community Home Lenders Association (CHLA), which represents small and mid-sized IMBs, just sent a letter to the Federal Housing Finance Authority (FHFA) , asking for tweaks to FHFA’s recently announced fee hikes on second home and high balance Fannie Mae and Freddie Mac loans. CHLA strongly opposed the PSPA caps. This seems ludicrous.

Marketing 353

Marketing Fixed-rate mortgage Banks Loans 353

Housing Wire

JULY 23, 2021

Competition for home buyers is tougher than ever right now, as tightened housing stock supply continues to plague the housing market. The company specializes in non-QM products, a sector that serves many borrowers who might not fit agency loans. Acra Lending is doing what it can to help free up inventory. 3-month bank statement.

Marketing 424

Marketing Banks Lending Loans 424

Housing Wire

MAY 7, 2024

Mortgage capital markets tech firm Polly announced on Tuesday that it has launched “Polly/AI,” which integrates artificial intelligence (AI) technology into the newest version of its product and pricing engine (PPE) and includes a “co-pilot” for loan officers that will “process, interpret, and recommend a range of outcome-driven results.”

Loan Officer 324

Loan Officer Commercial Loans Mortgages 324

Housing Wire

SEPTEMBER 30, 2021

Borrowers, loan officers, and the corresponding processors and underwriters are often working on entirely different systems. The platform is loan origination system-agnostic and is designed to deliver value to both borrowers and lenders–”from the point of thought of buying a house to the point of owning a home.” .

Loans 296

Loans Loan Officer Lending Branding 296

Housing Wire

MAY 16, 2024

It’s available to conventional loans only in purchase and refinance transactions. loans but only for refinances. loans but only for refinances. UWM’s TRAC+ announcement comes as the federal government pushes title insurance alternatives designed to save consumers money. Department of Veteran Affairs (V.A.)

Title 381

Title Loans Mortgages Closing 381

Housing Wire

MAY 15, 2024

The Community Home Lenders of America (CHLA) on Wednesday released a plan that it says would “modernize” Ginnie Mae , the government-owned company that manages the securitization of government-sponsored loans. This undermines Ginnie Mae’s ability to run a market-driven program.”

Banks 314

Banks Loans Development Mortgages 314

Housing Wire

SEPTEMBER 8, 2022

When mortgage lenders are talking about compliance in loan origination or mortgage servicing, the worst case can be pretty bad, so we often see companies investing heavily in the best tools. Mike is an experienced mortgage loan officer. Without marketing automation, he probably would have been right. Not anymore.

Marketing 406

Marketing Technology Loan Officer Loans 406

Housing Wire

MARCH 28, 2024

Modern manufactured homes are an unusual feature of today’s housing market, the rare homeownership opportunity that is both lower-cost and high-quality. Demand for home-only financing is strong; in 2019, there were more than 200,000 home-only loan applications. Much of this market dysfunction is also attributable to a lack of lenders.

Title 407

Title Finance Loans Lending 407

Housing Wire

FEBRUARY 7, 2024

“It’s not just about offering non-QM loans; it’s about providing a foundation for brokers to confidently navigate this complex market,” Yoon said in a statement. Our team’s depth of experience ensures that every loan we handle is approached with the insight and precision it deserves.”

Lending 339

Lending Loans Mortgages Design 339

Housing Wire

MARCH 31, 2021

Last year’s record-low mortgage rates dipped as low as 2.65% on 30-year fixed-rate loans and ignited an origination boom that had lenders scrambling to manage the high demand. During this surge, many lenders experienced challenges as they tried to deliver an ideal customer experience while closing loans at the speed of light. .

Marketing 377

Marketing Loans Technology Mortgages 377

Housing Wire

MARCH 28, 2024

the parent of digital lender Better.com , narrowed its net loss between the third and fourth quarters of 2023 by more than 80%, driven by expense cuts to its platform and marketing efforts. Going forward, Better is focused on driving market share and reaching profitability in the medium term. Better Home & Finance Holding Co. ,

Loan Officer 381

Loan Officer VA loan Loans Technology 381

Housing Wire

JANUARY 12, 2021

We wanted to introduce a program that provides borrowers with the larger loan amounts they need to purchase or refinance a high-value property. Kyle Gunderlock: The addition of this program demonstrates our commitment in identifying, responding to and anticipating the needs of borrowers across the market.

Loans 274

Loans Lending Development Mortgages 274

Housing Wire

APRIL 29, 2021

Renowned speaker coach René Rodriguez will headline HousingWire’s virtual Engage Marketing event on June 17. For Engage Marketing’s keynote, he’ll lead a hands-on workshop on how to practically apply his proprietary AMPLIFII Formula to achieve maximum influence. Not a member?

Marketing 403

Marketing Design Branding Banks 403

Housing Wire

SEPTEMBER 9, 2020

In June, the bureau released two proposals regarding the QM Patch, which allows loans sold to Fannie Mae or Freddie Mac to exceed the 43% debt-to-income ratio the Bureau had established in its Ability to Repay/Qualified Mortgage rule.

Debt-to-income ratio 333

Debt-to-income ratio Loans Industrial Mortgages 333

Housing Wire

JULY 7, 2022

With a rapid spike in interest rates, inventory at historic lows, home prices rising at unprecedented levels above income, and a purchase market that is both highly anxious and digitally reliant, mortgage and real estate professionals must be strategic to capture the market opportunity today. Inventory rising, historically low.

Mortgages 392

Mortgages Marketing Investor Loan Officer 392

Realty Biz

OCTOBER 21, 2023

From navigating traditional mortgage loans to exploring non-conventional options, various financing solutions are available. The purpose of a spec house is to showcase the builder's skills and design choices to sell it to potential buyers once it is completed.

Loans 108

Loans Finance Construction Commercial 108

Housing Wire

MARCH 12, 2024

Lenders can also define workflows and business rules for any mortgage product, including construction loans, manufactured home loans, home equity loans and bridge loans. Unlike off-the-shelf POS solutions, Blueprint Builder allows lenders to customize technology that is designed to help improve operations, Maxwell noted.

Lending 350

Lending Technology Loans Equity 350

Housing Wire

MAY 7, 2024

Despite mentioning that a reverse mortgage can be used for the purchase of a new home, much of this article seems designed to introduce real estate agents to the concept of the H4P product. Boomers are said to be one reason inventory has been in short supply and the housing market has been frozen.”

Mortgages 426

Mortgages Principal Equity Loans 426

Housing Wire

MARCH 4, 2024

Guideline Buddy’s chatbot leverages generative AI technology to simplify the loan qualification process by providing swift and accurate information, freeing professionals from the time-consuming burden of sifting through extensive documentation, the firm said.

Loan Officer 358

Loan Officer Loans Mortgages Technology 358

Housing Wire

JANUARY 17, 2024

1 With over 12,000 Americans turning 65 every day in 2024, this burgeoning market will undoubtedly continue to bring more buyers and sellers to the table over the next decade. That’s where reverse purchase financing comes into play, the funding option specifically designed for older Americans.

Finance 428

Finance Seller concession Loan Officer Loans 428

Housing Wire

FEBRUARY 21, 2024

In 2021, Gigliotti created Axis 360 Lift , an online academy designed to educate aspiring mortgage and title professionals. It draws content from MBA’s School of Mortgage Banking and School of Loan Origination, including prerequisite coursework. “I a New York-based multichannel lender.

Mortgages 320

Mortgages Title Marketing Lending 320

Housing Wire

MAY 5, 2021

That’s why we’ve invited vice president of regional production at loanDepot Brian Covey to speak on a panel titled Building a Personal Brand at HousingWire’s virtual Engage Marketing event on June 17. His mortgage career was affected by the 2007 market crash just as he was raising toddlers with his wife Nicole. .

Marketing 366

Marketing Branding Title Mortgages 366

Housing Wire

OCTOBER 27, 2020

The real estate market is hot right now, and bidding wars are the norm in many parts of the country. These contingencies are all designed to protect you as a borrower — to make sure you’re getting a safe and habitable property, that you have the funds to pay for it, and that you’re not stuck paying two mortgage payments at once.

Marketing 430

Marketing Rent back Inspection Loans 430