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.

FHA loan

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.

Lending

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.

Investor

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.

New Construction

Housing Wire

NOVEMBER 14, 2024

These including a certain number of purchase loans for low-income households (defined as households with an income at or below 80% of the area median income (AMI). One of the subgoals covers two types of purchase loans. One of the subgoals covers two types of purchase loans.

Loans

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.

Mortgages

Housing Wire

JULY 7, 2025

He previously served as chief lending officer for DPL Capital and Genesis Capital , along with a stint at PeerStreet as head of loan products. His most recent role was with Archwest Capital , where he served as head of national business development. Robert Jayne Jayne has 20-plus of experience in construction finance.

Lending

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.

Loans

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.

Pre-approval

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.

Mortgages

Housing Wire

JULY 11, 2025

The waiver pilot , relaunched by Fannie Mae in March 2024, allows approved mortgage lenders to use an automated title review process to assess title risk during loan manufacturing and prior to loan purchase. The pilot is limited to certain refinance loans with loan-to-value ratios of less than 80% in certain geographic areas.

Title

Housing Wire

JUNE 19, 2025

With the launch of two groundbreaking platforms— the Loan Estimate Optimizer ( LEO ) and Mia , an AI -powered assistant for loan officers , UWM is setting a new benchmark for how technology and especially AI can transform the lending experience. And how long was it in development and testing before it was fully rolled out?

Lending

Housing Wire

APRIL 2, 2025

Overall purchase activity has shown year-over-year growth for more than two months as the inventory of existing homes for sale continues to increase, a positive development for the housing market despite the uncertain near-term outlook. For 30-year fixed-rate mortgages with jumbo loan balances, rates decreased to 6.76% from 6.77%.

Fixed-rate mortgage

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.

Agents

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.

Lending

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).

Loan Officer

Housing Wire

MAY 9, 2025

And representatives of Los Angeles County have signaled they want to provide specific guidance for impacted reverse mortgage borrowers to navigate issues that arise with these loans in disaster areas. Department of Housing and Urban Development (HUD), and pro bono legal private firms on hand to help with more individualized consultations.

Mortgages

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.

Loan Officer

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.

Lending

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.

Loan Officer

Housing Wire

APRIL 9, 2025

Department of Housing and Urban Development (HUD) Office of the Inspector General (OIG) related to the Home Equity Conversion Mortgage ( HECM ) program, there are four open recommendations according to a review by HousingWire ‘s Reverse Mortgage Daily (RMD). On an online database tracking a series of issues the U.S.

Mortgages

Housing Wire

JULY 16, 2025

Michael Rubin, president of Shaddock National Holdings , said he and other title industry members will be watching developments closely. The waiver pilot , relaunched in March 2024, allows approved mortgage lenders to use an automated title review process to assess title risk during loan manufacturing and prior to loan purchase.

Title

Housing Wire

JULY 21, 2025

The chatbot can field questions and queries, including the identification of top lenders, loan officer rankings, broker wallet share and mortgage retention rates. We haven’t had a county in the country where we haven’t had a loan officer utilize our MMI products. The Bonzo guys started in the industry originating loans.

Loan Officer

Housing Wire

APRIL 8, 2025

Fairway now enables HECM borrowers to e-sign most loan documents before closing, making the process more efficient, convenient and borrower-friendly, the company said. Department of Housing and Urban Development (HUD) rules still require such signatures on certain documents, the company explained. Fairway Independent Mortgage Corp.

Closing

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.

Loan Officer

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.

Closing

Housing Wire

MARCH 20, 2025

Servicers must act fast, delivering real-time updates on loan statuses, forbearance options, insurance claims and other relief programs. Compliance with state and investor guidelines, managing temporary payment suspensions, fee waivers and loan modifications, all ensure portfolio stability.

Mortgages

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

Closing

Housing Wire

JULY 14, 2025

The growing “gig economy” is reshaping the future of homebuying , and savvy brokers are recognizing the need to adapt quickly with loan products that fit this demographic. Here’s why: Quality loans Today’s non-QM loans are a far cry from the risky products of the pre-2008 era. workforce — will be freelancing.

Investor

Housing Wire

APRIL 30, 2025

During winter, invest in personal growthbuild skills, develop discipline, and stay open to new possibilities. An invitation for innovation I began my career when loan applications were just four pages long, every loan required a manual underwriting review, and we collected Service Release Premiums (SRPs).

Mortgages

Housing Wire

DECEMBER 5, 2024

Department of Housing and Urban Development (HUD), alleging the agency is “unfairly” holding the company accountable for the actions of an independent appraiser in a 2021 case. In its defense, Rocket said it originated three home loans for the borrower named in the lawsuit with no issues. Rocket Mortgage , the third-largest U.S.

Lending

Housing Wire

MAY 31, 2025

The anagram stands for Homes for Every Local Protector, Educator, and Responder, modeled after the popular and successful VA home loan program. For agents, brokers, developers, and mortgage professionals, the HELPER Act isn’t just good policy, its great businessfor a number of reasons. Thats where the HELPER Act comes in.

Pre-approval

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

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

Housing Wire

JULY 21, 2025

Other examples include a software developer with multiple 1099s, a real estate agent with seasonal income spikes, or a small business owner maximizing deductions. Under standard guidelines, each of these individuals might be denied a mortgage that a W-2 employee earning half as much would be able to secure.

Lending

Housing Wire

MARCH 3, 2025

Name Job Title Company Name Alejandro Franco Vice President of Finance and Controller Cairn Real Estate Holdings Allyson Jackson Executive Vice President Finance and Treasury Planet Home Lending Amit Arora Chief Investment Officer Opendoor Andrey Gunin Chief Financial Officer A&D Mortgage Bill Warden Chief Financial Officer Dark Matter Brandon (..)

Finance

Housing Wire

JANUARY 8, 2025

Mortgage and title clients are undergoing a significant transformation with the shift from Encompass Software Development Kit (SDK) to Encompass Partner Connect (EPC). Increased software development needs : New integrations often require more development resources to ensure compatibility with existing systems.

Technology