Housing Wire

MARCH 21, 2024

Planet Home Lending hired Matt Kingsborough as regional sales manager, the Connecticut-based lender, servicer and asset manager announced Thursday. It’s an opportunity to align with an organization that not only values excellence and innovation in mortgage lending but also deeply invests in the growth and success of its sales professionals.

Lending 323

Lending Sales Commercial Loans 323

Housing Wire

JULY 25, 2023

F2 Finance wants to scoop up a share of a “fragmented” fix-and-flip market as a lack of housing inventory sharply limits transactions. just to give an idea of how fragmented it is in terms of the lender,” Christian Faes, founder of F2 Finance, said in an interview with HousingWire.

Finance 322

Finance Marketing Lending Loans 322

Housing Wire

SEPTEMBER 26, 2023

After a boost in July, the sales pace of new homes slowed in August, according to data published on Wednesday by the U.S. Census Bureau and the Department of Housing and Urban Development ( HUD ). In August, the sales pace of new homes fell 8.7% On a year-over-year basis, new home sales were up 5.8%.

As-is 473

As-is Sales New Construction MLS 473

Housing Wire

AUGUST 3, 2022

South Carolina-based Movement Mortgage has hired two executives away from rival Fairway Independent Mortgage to boost the growth and development of its distributed retail sales team. The nonbank lender named the 34-year veteran Sarah Middleton to the new position of chief growth officer to attract, onboard and develop sales leaders.

Sales 382

Sales Development Mortgages Residential 382

Housing Wire

AUGUST 23, 2023

After a slump in June, the sales pace of new homes picked up month over month in July, according to data published on Wednesday by the U.S. Census Bureau and the Department of Housing and Urban Development ( HUD ). In July, the sales pace of new homes climbed 4.4% On a year-over-year basis, new home sales were up 31.5%.

Sales 315

Sales MLS Finance Mortgages 315

Housing Wire

JULY 18, 2023

The NAHB/HMI report is based on a monthly survey of NAHB members, in which homebuilders are asked to rate both current market conditions for the sale of new homes and expected conditions for the next six months, as well as traffic of prospective buyers of new homes. This is the index’s highest reading since June 2022.

Sales 322

Sales Construction New Construction Finance 322

Housing Wire

MAY 30, 2024

He pioneered a comprehensive team approach in real estate, incorporating a transaction coordinator, financing professional and buyer agents to provide full service to a broader clientele. His expertise spans condominium conversion and development, residential sales, buyer representation and commercial transactions. DelRose Sr.

Brokerage 385

Brokerage Residential Commercial Development 385

Housing Wire

FEBRUARY 24, 2023

New home sales started off 2023 on a positive note, rising 7.2% Census Bureau and the Department of Housing and Urban Development (HUD) on Friday. This marks the second consecutive month of increases and the strongest sales pace since March 2022. On a year-over-year basis, however, new home sales are still down 19.4%.

Sales 423

Sales New Construction Construction Mortgages 423

Housing Wire

SEPTEMBER 28, 2020

The recent new home sales data is at levels last seen in 2006, with monthly supply data back down to the low levels when new home sales data was really good. No, this is not a new home sales housing bubble as we are far from total new home sales being where they were in 2005. We haven’t started a year yet at 1.5

Sales 500

Sales Mortgages Finance As-is 500

Housing Wire

JULY 25, 2023

New home sales among the “50 Top-Selling Master-Planned Communities” increased by 7% in the first half of 2023 compared to the same period in 2022, according to a study by RCLCO Real Estate Consulting. It was the same exact number of sales as recorded at this time in 2022. All of its communities were in Texas.

Sales 280

Sales Development Land Construction 280

Housing Wire

JULY 26, 2023

Despite yet another increase in homebuilder sentiment , the sales pace of new homes declined month over month in June, according to data published on Wednesday by the U.S. Census Bureau and the Department of Housing and Urban Development ( HUD ). In June, the sales pace of new homes fell 2.5% from a month prior, but down 3.6%

Sales 329

Sales New Construction Marketing Construction 329

Housing Wire

APRIL 10, 2024

Last July, the company sold its title insurance business to Essent Group , followed by strategic changes in September including a transition of its offshore-based operations to a team in the Philippines and the sale of “certain operations” of its home improvement lending business to Aqua Finance.

Investor 366

Investor Bankruptcy Finance Equity 366

Housing Wire

JANUARY 29, 2021

Over the past six months, mergers and acquisitions, huge financing rounds and public offerings have dominated headlines across the real estate and housing finance sector. This level of action is keeping finance executives like Jeremy Collett , Executive Director, Capital Markets at Guaranteed Rate busier than ever.

Finance 246

Finance Mortgages Industrial Loans 246

Housing Wire

SEPTEMBER 27, 2023

Divounguy added that new home sales should make up a bigger piece of the home sales pie moving forward. In August, of the total home inventory, including both new and resale homes, newly built homes represented an elevated share of 31% of those available for sale, according to the National Association of Home Builders (NAHB).

Marketing 500

Marketing New Construction Finance Construction 500

Realty Biz

APRIL 12, 2024

The Pennsylvania Housing Finance Agency has unveiled seven projects that will receive $4.5 million in funding for the construction or renovation of mixed-use developments. Pennsylvania Housing Finance Agency administers the Mixed-Use Development Tax Credit Program; its board of directors approved the selected projects earlier today.

Development 77

Development Commercial Renovation Finance 77

Housing Wire

APRIL 2, 2024

billion of loan volume in his nearly 30-year career, started at NAF on April 1 as its vice president producing area sales manager tasked with expanding the lender’s footprint in the Chicagoland area. NAF, the 31st largest mortgage lender in America in 2023, according to Inside Mortgage Finance, has been in growth mode.

Loan Officer 343

Loan Officer Loans Finance Mortgages 343

Housing Wire

MARCH 15, 2024

Mortgage pros have closely monitored the commission lawsuit developments since a Kansas City, Missouri jury determined that NAR, HomeServices of America , and Keller Williams conspired to inflate or maintain high commission rates through NAR’s so-called Participation Rule. Assisting homebuyers and their agents adds more to an LO’s plate.

Industrial 498

Industrial Seller concession Purchase and sale agreement Agents 498

Housing Wire

SEPTEMBER 1, 2023

Through the development of improved and sophisticated systems, protocols and technology, these operations leaders are driving their companies to growth and success. In its 8th year, the HW Insiders program is spotlighting the talented operations professionals who are laying the foundation of success for their organizations.

Technology 413

Technology Development Title Lending 413

Housing Wire

MAY 15, 2024

The National Association of Realtors , via its Seasonally Adjusted Annual Rate of Existing Home Sales series, reported that the peak home sales volume of 6.6 Researchers developed a framework for estimating the number of home sales in 2024 based on the current levels for mortgage rates.

Mortgages 368

Mortgages Fixed-rate mortgage Sales Title 368

Housing Wire

MARCH 7, 2024

Connecticut-headquartered mortgage servicer and lender Planet Home Lending has hired Doug Long as senior vice president and divisional sales manager. This synergy allows Planet to offer unparalleled operational support to its sales professionals, along with no hidden overlays and some of the industry’s best turn times.”

Lending 352

Lending Loans Renovation Mortgages 352

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 438

VA loan Agents Seller concession FHA loan 438

Housing Wire

JANUARY 3, 2024

A total of 84 staff were affected at five offices in Pasadena, Roseville, Agoura Hills, Westlake Village and Moorpark, California, according to a Worker Adjustment and Retraining Notifications (WARN) alert submitted to the California’s Employment Development Department (EDD) in late December. “To 15 and reviewed by HousingWire.

Loan Officer 350

Loan Officer Development Mortgages Investor 350

Housing Wire

MARCH 27, 2024

Earlier this month, the NAR announced the settlement of various lawsuits filed by home sellers, which allege that the real estate industry colluded to keep agent commissions artificially high at 5% to 6% of a home’s sale price. VA loans are probably the best loans on the market. They’ve earned the right to have that VA loan,” he added.

VA loan 440

VA loan Loans Principal Mortgages 440

Housing Wire

JANUARY 10, 2024

“Unfortunately, we do not see this change taking place within the base period or extended base period of the Community Economic Development Agreement (CEDA),” Allen noted. The JDIG agreement authorized the potential reimbursement to Pennymac of up to $1.9 million over the course of 12 years. In Q3, the California-based lender delivered a $92.87

Loan Officer 294

Loan Officer Development Mortgages Lending 294

Housing Wire

JANUARY 12, 2024

A proprietary reverse mortgage from Finance of America Companies (FOA) now secures the home of Rhode Island ’s honorary historian laureate after the property was returned to the owner after attempts to bequeath it to a nonprofit historical society he founded. This is according to reporting from The Providence Journal.

Mortgages 351

Mortgages Finance Lending Equity 351

Housing Wire

AUGUST 25, 2022

The acquisition is another step to boost its sales amid shrinking loan origination volumes. The company announced new hires in the sales executive team in early August. Founded in 2014, Massachusetts-based Superior Rate Mortgage reached $412 million in sales volume in 2021. The terms of the deal were not disclosed.

Brokerage 471

Brokerage Mortgages Loan Officer Loans 471

Broke Agent Media

JANUARY 31, 2023

Fannie Mae multifamily financing provided over $69 billion in 2022 to expand nationwide access to affordable housing. including underserved communities and populations with unmet needs, like Native Americans and farmworker communities, as well as supportive housing development and disaster-impacted areas. billion Newmark: $4.6

Finance 98

Finance Closing Equity Commercial 98

Housing Wire

MAY 18, 2024

In 2022, we saw the biggest crash in home sales ever, and the price-cut percentage data slope was high-speed, especially toward the end of the year. The week ahead: Fed speeches and home sales This week we will have a few Fed presidents giving speeches, so look for the markets to digest specific sentences to get hints on future Fed policy.

Mortgages 433

Mortgages Sales Banks Finance 433

Housing Wire

APRIL 30, 2024

Furthermore, we’re actively developing new email campaigns to engage with prospects, past clients, and business partners, ensuring we stay top of mind. While we have many projects on our plate, the response from our sales team has been overwhelmingly positive, which is incredibly rewarding.

Loan Officer 411

Loan Officer Technology Loans Finance 411

Housing Wire

JUNE 5, 2024

Focus on areas that are desirable, turn over at a reasonable rate, have low average days on the market, and a good average sale price. What’s the average sale price in the areas you work in? Know what’s driving sales in your market. Who are the developers and what are they developing? • List to sell price ratio?

Pre-approval 315

Pre-approval Fixed-rate mortgage New Construction Loans 315

Housing Wire

JANUARY 10, 2023

workforce by 28%, including research and development, sales, marketing, general and administrative functions. In operations, Amir Jafari will assume a new position created of head of finance and administration, overseeing areas like finance, people and legal. In another round of layoffs , Blend is reducing its U.S.

Title 389

Title Finance Mortgages Banks 389

RIS Media

SEPTEMBER 28, 2023

Thus, many prospective homebuyers who thought they had their finances buttoned up are suddenly having to recalculate, and often stretch, if able to purchase at all. Recent… The post The Playbook: Client Finances…What Must You Know? Inventory is tight and home prices have stayed elevated. Will that change? How Much Should You Ask?

Finance 113

Finance Mortgages Development MLS 113

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. That also extends to internal educational development to inform more people at the bank about reverse mortgages, he said. “In

Banks 382

Banks Mortgages Lending Loan Officer 382

Housing Wire

OCTOBER 16, 2023

Generative artificial intelligence (AI) has tremendous potential to cut costs and improve customer experience, but regulation has not caught up to develop a governance program, industry pros said of AI’s implementation in mortgage lending. Have we developed a model that is in fact fair?

Due diligence 378

Due diligence Lending Technology Mortgages 378

Housing Wire

JUNE 1, 2021

Housing and Urban Development Secretary Marcia Fudge joined Biden to mark the 100th year since a white mob killed hundreds of Black residents of the Greenwood District. The tax credit would cover the difference between total development costs — including acquisition, rehabilitation, demolition and construction — and the sales price.

Title search 502

Title search Title Renovation Investor 502

Housing Wire

SEPTEMBER 25, 2023

Just weeks after New York-based digital lender Better Home & Finance Holding went public , Better issued pink slips to employees in early September in a new round of layoffs, Insider reported. mortgage sales and origination team, according to the news outlet, citing two former employees who were affected by the latest downsizing.

Title 394

Title Technology Finance Mortgages 394

Housing Wire

OCTOBER 28, 2022

Speakers: Haley Parker, Area Business Development Manager, Fairway Independent Mortgage Corporation Arjun Dhingra, Sales and Business Development, All Western Mortgage Doug Wilber, CEO, Denim Social Chelsea Peitz, Founder, Chelsea Peitz Consulting. 03 Marketing Leaders Success Summit: The Future of Marketing.

Title 360

Title Lending Finance Development 360