Housing Wire

NOVEMBER 20, 2024

In August 2023 , the bank disclosed it was under investigation by the Department of Housing and Urban Development (HUD) after the nonprofit organization filed a complaint alleging violations of the U.S. and we are honored to support these efforts through our loans, investments and grants.” Fair Lending Act.

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Loan Officer Lending Banks Loans 396

Housing Wire

OCTOBER 15, 2024

From there, Collins dives deeper into Tomo’s past and mentions its focus on purchase loans versus refinances and other product types. Collins asks Schwartz to share how he balanced working with real estate agents and other referral partners by leveraging AI to develop the “ Costco loan origination method.“

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Loans Marketing Technology Mortgages 234

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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FHA loan Mortgages Equity Loans 397

Housing Wire

OCTOBER 25, 2024

In this HousingWire Executive Conversation, Tom Davis, Chief Sales Officer at Deephaven , discusses the opportunities in the non-QM investor loan space as we head into the new year. He emphasizes the importance of a diverse product portfolio including DSCR and business-purpose loans, to better serve clients.

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Investor New Construction Construction Loans 421

Housing Wire

FEBRUARY 12, 2025

Entering the mortgage industry as a loan officer can be both exciting and overwhelming. The first year is crucial for developing the habits, relationships, and skills that lay the foundation for long-term success. Dress & act like you mean business There is no dress code to be a loan originator, but there is for you.

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Loan Officer Loans Industrial Development 254

Housing Wire

OCTOBER 30, 2024

The firm offers “smart loans” using artificial intelligence and developed a cloud-based portal, LoanFlow , that aims to give mortgage brokers and loan officers the ability to originate loans anytime, anywhere.

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Lending Loan Officer Banks Loans 421

Housing Wire

APRIL 10, 2025

To help investors survive uncertain times, professionals must understand market trends and develop a game plan for success. In this executive conversation, van der Reis explores his experience in CRE finance, technology, loan servicing , and risk management. HW: Multifamily investors have had to deal with many market shifts recently.

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Investor Commercial Finance Loans 440

Housing Wire

MAY 22, 2025

Originally developed and launched internally through its NAF Black Impact initiative, the HAC program has trained more than 1,000 company employees, NAF said. “There are statistics still showing loans for Black borrowers have higher decline rates. We did it for loan officers. “Everybody wants to do good.

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Agents HR Loan Officer Development 356

Housing Wire

MARCH 13, 2025

Vice Capital Markets , a mortgage hedge advisory firm for independent lenders, banks and credit unions, announced Thursday that it is the first to integrate Fannie Mae s new loan pricing application programming interface (API) into its trading portal.

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Loans Marketing Banks Mortgages 199

Housing Wire

JANUARY 8, 2025

These borrowers found themselves a great deal on their loan and locked themselves into really terrific cheap payments. Most people didnt notice this growing lock-in effect as it was developing in the mid 2010s, but it was well under way. Theyll unload some of the properties with ultra-cheap loans to finance the next purchase.

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Mortgages Finance Loans Equity 466

Housing Wire

DECEMBER 20, 2024

Over the years, Ive observed a glaring issue that stifles the growth and success of many mortgagecompanies: promoting top-producing loan officers into management roles without equipping them with the tools, training, or even determining whether they want to be leaders. Leadership, however,demands a shift to prioritizing team success.

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Industrial Loan Officer Mortgages Loans 369

Housing Wire

MAY 19, 2025

Gregory Tsang is the Chief Executive Officer and co-founder of eRESI , a Non-QM correspondent whole loan investor offering both Delegated and Non-Delegated options. The profile for Non-QM typically has FICOs in the mid-700s and 70% loan-to-value (LTV) ratios, with strong pay histories.

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Lending Loans Due diligence Investor 199

Housing Wire

JUNE 5, 2024

Department of Housing and Urban Development (HUD) this week announced the launch of a new program designed to allow for the purchase, refinance or renovation of manufactured housing under a loan program sponsored by the Federal Housing Administration (FHA).

Loans 527

Loans Finance Renovation Equity 527

Housing Wire

JUNE 10, 2025

Amid expectations that interest rate declines may reignite refinance activity , Optimal Blue on Monday launched a new tool that automatically analyzes loan officer portfolios each month to identify recapture opportunities. The tool is designed to ensure loan officers are ready when refinance volume picks up.

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Loan Officer FHA loan Loans Closing costs 321

Housing Wire

AUGUST 2, 2024

is acquiring Garden State Home Loans Inc. Garden State had 34 sponsored loan officers and two active branches—in Medford (New Jersey) and Maitland (Florida)—as of Friday, per the Nationwide Multistate Licensing System (NMLS). billion in 19,000 loans since its foundation. billion in 19,000 loans since its foundation.

Banks 434

Banks Loans Loan Officer Lending 434

Housing Wire

DECEMBER 18, 2024

The new credit optimization platform will combine the best parts of the What-if Simulator and Wayfinder tools, giving mortgage professionals the power to reach more clients and close more loans. CreditXpert developed the platform to cut down loan filing timelines. 1 in preparation for the launch of the new platform.

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Loan Officer Loans Technology Mortgages 382

Housing Wire

OCTOBER 17, 2024

The Federal Home Loan Banks (FHLBanks) saw significant growth in support of affordable housing and community development in 2023, according to a report released Thursday by the Federal Housing Finance Agency (FHFA). FHFA Director Sandra Thompson lauded the development in a statement accompanying the report.

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Banks Loans Development Finance 431

Housing Wire

NOVEMBER 13, 2024

Black mortgage applicants are turned down more often than whites; Blacks are more likely to receive high-cost home loans than their white counterparts on similar properties, and houses in Black neighborhoods are less likely to be appraised at the same values compared to similar homes in white communities,” the report found.

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Pre-approval Mortgages Loans Finance 396

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.

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Finance Loans Mortgages Development 485

Housing Wire

MAY 29, 2025

For subservicers, managing loans can generate stable income through fees, and when agreements allow and align with their strategy, it opens doors for cross-selling activity. including affiliated Rushmore Loan Management Services ) and Flagstar s servicing assets. Theres a lot of consolidation in the [subservicing] industry.

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Mortgages Loans Banks Industrial 339

Housing Wire

FEBRUARY 25, 2025

The best hard money loans for real estate depend on your investment strategy, whether youre financing a short-term flip, a rental property or a large-scale development. Youll also learn how hard money loans work, what it takes to get approved and key factors to consider before applying.

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Hard money loan Loans Investor Lending 353

Housing Wire

OCTOBER 9, 2024

Mortgage tech firm Candor Technology has expanded its Loan Engineering System (LES) to include Federal Housing Administration (FHA) loans. The company now fully automates underwriting decisions for FHA loans — minus collateral – and also offers a warranty on income calculations and cleared conditions for funded FHA loans.

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FHA loan Loans Technology Loan Officer 425

Housing Wire

FEBRUARY 11, 2025

Mortgage lending, small business loans, and investments in local development projects are all driven by local lenders who know their markets, live in their communities, and have a vested interest in the growth of their economies. The FHLBanks are also key players in affordable housing and community development initiatives.

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Lending Development Banks Loans 364

Housing Wire

OCTOBER 22, 2024

Rawls is the latest addition to a leadership team of seven executives at the developing company. Guaranteed Rate Affinity highlighted Rawls’ promotion as a key development in their partnership with New Jersey-based real estate franchise Coldwell Banker , a subsidiary of Anywhere.

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Lending Mortgages Loan Officer Development 394

Housing Wire

FEBRUARY 10, 2025

ICE Mortgage Technology on Monday announced several enhancements to the Encompass loan origination platform , including a rate lock comparison tool that enables lenders to automatically detect and adjust for changes to a loan that may affect pricing and eligibility.

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Loan Officer Technology Loans Development 312

Housing Wire

OCTOBER 10, 2024

The platform is intended for housing professionals in various sectors, including 5 million loan officers, appraisers , servicers , underwriters , developers, agents, brokers, attorneys and regulators. Through Araya, CoreLogic will give customers access to the data and analytics of nearly all U.S. properties on one platform.

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Loan Officer Technology Industrial Development 427

Housing Wire

JUNE 6, 2025

is going to have an easier time with product development thanks to a $2.6 According to the company, Shilo can deeply understand the context of business calls made by real estate agents and mortgage loan officers. The company said the funding round will accelerate Shilo’s product development and go-to-market expansion. “AI

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Closing Loan Officer Development Loans 324

Housing Wire

JULY 19, 2024

Such lenders, the report states, could underwrite mezzanine construction loans under the assumption that a national housing construction fund would have the ability to buy these loans on the secondary market. This could make the overall cost to entry — which is already low — more digestible.

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Construction Finance Development Marketing 466

Housing Wire

DECEMBER 4, 2024

It’s the ninth straight year that the limit will increase based on home-price appreciation levels, which feeds into a single, national limit for all HECM loans. Overall, we feel that this is positive as it helps to expand the industry to even more individuals that can benefit from a reverse loan,” Sciandra said.

Mortgages 384

Mortgages Equity Lending Loans 384

Housing Wire

MARCH 5, 2025

1 loan originator in the country by volume for at least five years, is assuming the role of president at Rate Mortgage , the company announced Tuesday. Throughout his 20-year career he has closed more than 40,000 units and $9 billion in funded loans. But my biggest focus initially is going to be the loan officers.

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Loan Officer Loans Technology Mortgages 410

Housing Wire

AUGUST 27, 2024

Department of Housing and Urban Development (HUD). The update will also now allow 203(k) consultant fees to be financed for a limited 203(k) loan, and rehabilitation periods will be extended for both limited 203(k) loans (to nine months) and for standard 203(k) loans (to 12 months).

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Loans Renovation Principal Finance 419

Housing Wire

DECEMBER 24, 2024

As a servicer of 48 million loans , CoreLogic streamlines workflows with innovative solutions designed to enhance property tax management. The portal provides comprehensive self-service functionality for setting up liens, loans, payment management or monitoring lien and loan status.

Loans 383

Loans Technology Design Residential 383

Housing Wire

JANUARY 13, 2025

Department of Housing and Urban Development (HUD). Cyndi Danko, Fannie Maes senior vice president and chief credit officer of single-family, added that the company is continuing to monitor developments related to the wildfires and urges impacted homeowners to immediately contact their loan servicer.

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Mortgages Development Loans Design 384

Housing Wire

OCTOBER 28, 2024

The Mortgage Industry Standards Maintenance Organization (MISMO)’s dedicated reverse mortgage development work group is targeting January 2025 as the release window for reverse mortgage standards it is helping to develop. Almost as important, he added, is the participation of non-reverse lending companies in the conversation.

Mortgages 412

Mortgages Lending Industrial Title 412

Housing Wire

NOVEMBER 14, 2024

The team will develop and execute the company’s investment strategies, secondary market activities, and risk management, among other things. billion in mortgage loans from January to September, up 8.8% Pennymac, a powerhouse in the correspondent channel, produced more than three times more loans, with a total of $79.8

Mortgages 367

Mortgages Loan Officer Loans Banks 367

Housing Wire

MAY 8, 2025

Todays best loan officers operate differently and expect more. Naturally, this means loan officers (LOs) dont work the same way anymore, either. So by the time theyve contacted an LO, theyre armed with substantial knowledge about loan products, rates and qualification requirements (or, in some cases, misinformation about the same).

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Loan Officer Debt-to-income ratio Loans Technology 318

Housing Wire

JANUARY 8, 2025

Bloomberg was the first to report the developments. It had no sponsored loan officers. The company also plans to explore strategic alternatives for its credit card business in the first quarter of 2025. These changes are expected to result in a workforce reduction of less than 5% of Ally’s approximately 11,000 employees.

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Closing Mortgages Loan Officer Development 397