Housing Wire

JANUARY 31, 2021

Clear Capital’s suite of field valuations, real estate analytics, and platform technology solutions help servicers prevent fraud, check the accuracy of completed appraisals and broker price opinions (BPOs), conduct portfolio valuation analysis and updates, and help with disposition analysis on distressed loans. Duane Andrews, CEO.

Loans 234

Loans Technology Development Inspection 234

Housing Wire

JUNE 16, 2023

SimpleNexus , a homeownership platform developer for loan officers, borrowers, real estate agents, and settlement agents, announced this week a new integration with Empower, the loan origination system (LOS) from Black Knight. ” SimpleNexus , an nCino company, is a developer of mobile-first technology for mortgage lenders.

Loan Officer 333

Loan Officer Technology Loans Banks 333

Housing Wire

JULY 26, 2021

The share of Fannie Mae and Freddie Mac loans in forbearance also decreased two basis points to 1.81%, and Ginnie Mae loans decreased one basis point to 4.35%. The share for portfolio loans and private-label securities (PLS) increased five basis points to 7.38%. By stage, 9.8% Approximately 1.74 are in an extension.

Staging 464

Staging Loans Finance Development 464

Realty Biz

OCTOBER 21, 2023

From navigating traditional mortgage loans to exploring non-conventional options, various financing solutions are available. Development financing for larger new construction projects and alternative financing approaches should also be considered. Traditional mortgage loans are a common choice, particularly for individual spec homes.

Loans 108

Loans Finance Construction Commercial 108

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. You should be finding buyers before real estate agents anyway.”

Industrial 498

Industrial Seller concession Purchase and sale agreement Agents 498

Housing Wire

JUNE 20, 2023

Department of Housing and Urban Development (HUD) has over 50 proposed rules in the pipeline in its section of the federal government’s 2023 spring regulatory agenda, released last week by the White House. An initial notice on this proposal is expected this month.

Staging 316

Staging Equity Loans Mortgages 316

Housing Wire

MARCH 2, 2023

We are doing a lot of research and development in it and artificial intelligence,” Slyusarchuk said. “We A&D is also in the final stages of its non-QM automated underwriting system, which will be distributed to broker partners in the coming months. We’re picking up some of the guys from conforming loans.”

Mortgages 389

Mortgages Investor Loans Banks 389

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 390

Due diligence Lending Technology Mortgages 390

Housing Wire

APRIL 18, 2023

Given that HELOC organizations are more streamlined than closed-end lending, there is greater importance for the adoption of electronic closing documents, MISMO said last week, calling for participants to join a new development workgroup (DWG). The volume of HELOC loans declined by 17% to $60.1 Overall, HELOCS accounted for 20.7%

Equity 283

Equity Lending Finance Loans 283

Housing Wire

JULY 17, 2023

The continuous development of loss mitigation tools and practices in the mortgage industry will play an essential part in preventing future foreclosures, but additional safety nets — particularly for those mortgage customers who belong to historically disadvantaged populations — will play a critical role in thinning the racial wealth gap.

Mortgages 341

Mortgages Finance Development Staging 341

Housing Wire

JULY 25, 2023

The Santa Monica, California-based lender is focused on short-term financing – providing fix-and-flip loans as well as bridge loans – in markets that are struggling with the lack of existing homes for sale – including California, Texas and Florida. LendInvest has more than $4.7 billion (£3.7

Finance 334

Finance Marketing Lending Loans 334

Housing Wire

APRIL 3, 2024

The only entity to be immediately impacted in the initial rebranding stage is Ocwen itself, but a version of the new name is expected to roll out to both Liberty and PHH at some point in 2024. Ocwen Financial Corp., the parent company of top five reverse mortgage lender Liberty Reverse Mortgage and PHH Mortgage Corp.

Branding 311

Branding Mortgages Staging Equity 311

Housing Wire

AUGUST 9, 2021

The share of Fannie Mae and Freddie Mac loans in forbearance also decreased, falling five basis points to 1.74%, and Ginnie Mae loans decreased 12 basis points to 4.18%. This is the biggest decrease in the share of loans in forbearance in three weeks, noted Mike Fratantoni, MBA senior vice president and chief economist.

Principal 424

Principal Loans Staging Mortgages 424

Housing Wire

JULY 31, 2022

The Closing Exchange (TCX) partners with its clients to configure solutions to support their workflow at every stage of their digital evolution. TCX provides a perfect mix of technology and service, providing its clients with the choice of how to close a loan at every stage of its digital evolution.

Closing 309

Closing Title Technology Staging 309

RIS Media

JUNE 6, 2021

Are you wondering how land loans work? Getting a loan for land is a smart move, especially when you will not be constructing your home right away. Let’s take a look at everything you need to know about acquiring a land loan, so your financing is an easy, carefree process. Where Do You Get Your Loan? Land Loan Types.

Land 126

Land Loans Debt-to-income ratio Construction 126

Housing Wire

MARCH 26, 2024

Even though they have a low mortgage rate on their home loan, the pandemic causes unanticipated financial hardships which lead to a decrease in their annual income as well as the necessity of using credit cards for their basic needs. How could they ever justify walking away from a loan with this low of an interest rate ?

Equity 419

Equity Loans Bankruptcy New Construction 419

Housing Wire

OCTOBER 15, 2021

Roostify CEO and Co-founder, Rajesh Bhat, told FinLedger that RDI operates as an API microservice, so it can be integrated at any stage in the lending process that works for a lender, regardless of whether Roostify is part of the lender’s tech stack or not. loan applications through its current platform.

Lending 294

Lending Staging Banks Equity 294

Housing Wire

OCTOBER 27, 2022

Neville said he is leaving LoanLogics, a data-driven mortgage audit, income calculation and loan quality software provider, in the “capable hands” of Parker. His professional career spans three decades and roles in companies of varying growth stages, with leadership positions at Fiserv, CoreLogic and Wells Fargo Home Mortgage.

Technology 314

Technology Loans Mortgages Lending 314

Housing Wire

APRIL 18, 2023

Radian has developed titlegenius to help improve the closing process for homebuyers, sellers and lenders alike. Plus, loan officers can access their entire transaction pipeline at a glance for purchase transactions using titlegenius. The platform makes closings simple, transparent and less expensive.

Closing 298

Closing Title Loan Officer Technology 298

RIS Media

JANUARY 18, 2021

added services that accomplishes this goal is home staging. Statistics provided by both The Profile of Home Staging from the National Association of REALTORS® and The 2020 Home Staging Industry Report (IAHSP) state staged houses can sell for up to 20 percent more than the non?staged staged competition.

Staging 86

Staging Agents Closing Sales 86

Housing Wire

JULY 26, 2021

New entrants continue to join the market with better technology and digital processes to simplify the loan process and provide fast closing experiences to meet consumer needs. As the refi-crunch subsides and homebuyers are increasingly competing against faster all-cash offers, speed once again is center stage.

Title 404

Title Lending Staging Technology 404

Housing Wire

DECEMBER 24, 2021

Last week’s announcement from the Department of Housing and Urban Development cleared the way for lenders to adopt targeted lending programs, but so far, they are treading carefully. Special purpose credit programs allow lenders to target loan products to benefit protected classes without running afoul of fair lending law.

Lending 359

Lending Finance Banks Equity 359

Housing Wire

APRIL 19, 2022

The Mill Valley, California-based REIT operates as a specialty finance house that invests in, acquires and securitizes residential loans. Redwood is not backing away from its venture capital pursuits. Vesta Equity , another blockchain-enabled marketplace for tokenized home-equity investments.

Equity 350

Equity Technology Investor Residential 350

RIS Media

AUGUST 23, 2020

Professional development is a great way to stay ahead of the competition. So, we asked agents across the country for advice on what they do to invest in their own professional development. So, we asked agents across the country for advice on what they do to invest in their own professional development. Take classes.

Development 76

Development Agents Staging Industrial 76

Housing Wire

OCTOBER 24, 2022

On stage in Nashville on Monday, Mortgage Bankers Association Chairwoman Kristy Fercho passed the torch to Matt Rocco, who will take over as chairman in 2023. “I joined the company in 1998, and over nearly 25 years, affordable housing has always been a strategic focus our portfolio,” Rocco said.

Banks 334

Banks Commercial Lending Staging 334

Housing Wire

MARCH 15, 2021

Primary Mortgage Origination Satisfaction Study, mortgage originators’ shortcomings in self-service tools for application and approvals, frequent communication and extended loan processing times could negatively affect customer satisfaction over time. Retail lenders originate loans through their in-person retail branches.

Lending 384

Lending Mortgages Loan Officer Loans 384

Housing Wire

JUNE 10, 2021

By partnering with a mortgage company that understands how to streamline non-Qm loans, brokers can close loans quickly and effectively. This is simply because more borrowers will not qualify for Agency loans. We close the loan. In addition, we don’t sell our non-QM loans to Fannie Mae or Freddie Mac.

Loans 335

Loans Mortgages Closing Banks 335

Housing Wire

AUGUST 31, 2020

This year’s low rates have led to high loan volumes, and lenders overwhelmed with applications are looking for the best way to handle the increased workload. If a borrower is able to use an online portal to quickly and easily submit an application but they’re stuck waiting for 45 days to close their loan, that creates frustration.

Lending 404

Lending Technology Loans Loan Officer 404

Housing Wire

SEPTEMBER 16, 2021

It is important to note that in MBA’s NDS, loans are marked as delinquent if payments are not made in accordance with the terms of the mortgage. Thus, even if loans are in forbearance, if the borrower does not make a payment, the loan is counted as delinquent. Source: MBA’s National Delinquency Survey. This represents about 1.5

Mortgages 476

Mortgages Loans VA loan Investor 476

Housing Wire

JULY 24, 2023

The companies that have the two largest loan origination systems (LOS) will allegedly raise costs to lenders which would then be passed to homebuyers; and the deal would eliminate competition for product, pricing and eligibility engines (PPEs) and other various ancillary services that are add-ons to LOS, the FTC argued.

Investor 295

Investor Staging Equity Closing 295

Housing Wire

MARCH 10, 2023

Among the nonbanks that either have or plan to introduce HELOC loan products are United Wholesale Mortgage , Rocket Mortgage , Guaranteed Rate , loanDepot and New Residential Investment Corp. HELOCs rising Toohig’s sense of the HELOC market from his perch as a loan trader matches the broader rising market numbers for the product.

Equity 360

Equity Marketing Debt-to-income ratio Lending 360

Housing Wire

APRIL 18, 2023

Since launching as a call center in 2003, the California lender has expanded into the outside distributed retail model with a target on the purchase mortgage market, serviced its own loans and developed its tech stack in-house. Kim: NAF bought Marketplace Home Loans in 2018. NAF has been servicing its own loans.

Loan Officer 307

Loan Officer Loans Pre-approval Mortgages 307

Housing Wire

FEBRUARY 24, 2021

While modest mortgage delinquency improvements have occurred for several months, loans considered seriously delinquent are still five times that of pre-pandemic levels. To accommodate the large volume of loans still in forbearance, mortgage servicers must have functional, flexible and effective forbearance processes in place.

Mortgages 432

Mortgages Equity Loans Development 432

Housing Wire

NOVEMBER 3, 2021

Third co-founder Jon Hsu is also familiar with cloud-based development having worked for Twilio, a cloud-based communication platform. According to Wang, the mortgage sector is frustrating and lacks clear guidance on how to access plans for repayment, reinstatement, deferral or loan modification.

Investor 324

Investor Mortgages Staging Equity 324

Housing Wire

NOVEMBER 29, 2021

One group of industry players — loan underwriters — are the chief cause of the logjam. They are in high demand for each stage of the mortgage process, yet they are in seriously short supply in a still-booming mortgage market. About a half-dozen RMBS issuers also were contacted for this story, including J.P.

Due diligence 421

Due diligence Loan Officer Loans Mortgages 421

Realty Biz

FEBRUARY 19, 2024

Each stage demands careful consideration to avoid common pitfalls and ensure the land meets your long-term objectives. I have helped developers build and sell entire subdivisions from the ground up. Lack of access to utilities can significantly increase development costs. This guide will navigate you through these complexities.

Land 127

Land Due diligence Title search Finance 127

Housing Wire

MAY 5, 2022

Still, the proposed rule could set the stage going forward for expanding the CRA’s reach and the increased consideration of community performance during merger reviews — as banking agencies weigh future changes to regulations governing those transactions. Currently, examiners look at lending, investment and service.

Banks 354

Banks Lending Development Loans 354