Housing Wire

DECEMBER 1, 2023

Department of Housing and Urban Development (HUD) on Friday published a proposal that would require public housing agencies (PHA) to provide 30 days’ notice before filing an eviction notice in court for nonpayment of rent.

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Principal Development Finance 496

Housing Wire

APRIL 4, 2024

Department of Housing and Urban Development (HUD) on Thursday announced a new series of affordable housing grants totaling $13.5 Announced by Marion McFadden, HUD principal assistant secretary for community planning, at a Habitat for Humanity event in Nashville, the $13.5 ’s funding will go to the Housing Assistance Council ($2.5

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Equity Principal Development Construction 343

Housing Wire

DECEMBER 8, 2023

Department of Housing and Urban Development (HUD) believes housing has a role to play in combating the opioid overdose epidemic. On Friday, HUD issued a joint letter co-written with the U.S. Housing can help fight the epidemic that killed an estimated 70,601 people in 2021, according to the National Institutes of Health (NIH), HUD said.

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Principal Development Design As-is 406

Housing Wire

FEBRUARY 13, 2024

Department of Housing and Urban Development (HUD) announced a series of new relief measures for residents of the state of Hawaii. The announcement was made by Marion McFadden, HUD principal deputy assistant secretary for community planning and development, as she was touring the island of Maui. HUD awarded $6.9

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Principal Development Land Design 424

Housing Wire

MARCH 29, 2024

Department of Housing and Urban Development (HUD)’s Office of Policy Development and Research is seeking public comment related to application and origination documents for the Federal Housing Administration (FHA)-backed Home Equity Conversion Mortgage (HECM) program, according to a notice published this week in the Federal Register.

Mortgages 417

Mortgages VA loan Principal Loans 417

Housing Wire

MARCH 6, 2024

He will be responsible for developing a road map to expand Pennymac’s proprietary servicing platform, Servicing Systems Environment (SSE). It produced $99 billion in unpaid principal balance (UPB) in 2023. Follette’s vision for the company revolves around a “frictionless customer experience,” the company said.

Technology 421

Technology Principal Commercial Mortgages 421

Housing Wire

APRIL 11, 2024

Department of Housing and Urban Development (HUD) announced on Wednesday that it had entered into a cooperative endeavor agreement (CEA) to take control of the Indianapolis Housing Agency (IHA) alongside the City of Indianapolis.

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Principal Development Design As-is 421

Housing Wire

MARCH 27, 2024

VA borrowers will be the hardest hit if they have to shoulder buyer-side commissions, said Jon Overfelt, director of sales and principal at American Security Mortgage Corp. “VA Concerns over the existing VA policies have been echoed among mortgage professionals. VA loans are probably the best loans on the market.

VA loan 450

VA loan Loans Principal Mortgages 450

Housing Wire

JULY 26, 2023

Department of Housing and Urban Development (HUD) this week announced a new notice of funding opportunity (NOFO) to examine the intricacies of converting office space into residential living units. I have a name for the buildup of that stuff,” said Phil Wharton, a New York-based developer to the Times. “I I call it the kludge.”

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Residential Principal Development Finance 370

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.

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Technology Development Title Lending 450

Housing Wire

MARCH 25, 2024

So, it’s not just his ability to go out and develop relationships with brokers and create business, but just the impact of his energy on the team. Whether or not that makes a big, significant impact to the principal limit, I’m not sure.” Brian has the ability to elevate that with a team.

Mortgages 432

Mortgages Principal Industrial Sales 432

Housing Wire

APRIL 19, 2022

The administration said that the new loss mitigation option could be an alternative for borrowers who cannot reduce their principal and interest payments by 25% through FHA’s existing 30-year mortgage modification with a partial claim.

Loans 496

Loans Principal Mortgages Real-estate owned 496

Housing Wire

APRIL 10, 2024

In January, the government-owned company announced its plans to develop a new reverse mortgage-backed security product in response to industry liquidity challenges. Department of Housing and Urban Development (HUD) after the servicer funded a cure on delinquent obligations. million in fourth-quarter 2023.

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Investor Bankruptcy Finance Equity 421

Housing Wire

JANUARY 3, 2024

Department of Housing and Urban Development (HUD) program designed to allow for the construction of rental housing units is getting a new participant: the Cherokee Nation. They are one of the first tribes to be approved for the program, according to the announcement.

Construction 421

Construction Principal Development Loans 421

Housing Wire

OCTOBER 19, 2023

This positions our associates to adapt and thrive in the market from both a business growth and technology innovation standpoint,” Matthew Mullin, principal and founder of The Mullin Blankfeld Group, said in a statement. “It It enables us to level up skills and support, ensuring our associates and clients are prepared for the future.”

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Principal Technology Equity Residential 410

Housing Wire

DECEMBER 14, 2022

Mortgage Industry Standards Maintenance Organization (MISMO), the organization tasked with developing standards for the mortgage finance industry, appointed vice president of operations Jan Davis as its acting president. Congressman Blaine Luetkemeyer, assistant secretary for policy development and research with the U.S.

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Principal Development Finance Industrial 370

Housing Wire

JANUARY 12, 2024

As a marketer by profession, I tend to put these companies into categories to create a narrative and to develop brand specificity. Principal among these are: Invested capital “requires” the highest return. Develop “community pools” and shared equity models to break the dependence on intransigent and predatory financial institutions.

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Finance Principal Residential Development 419

Brownstoner

SEPTEMBER 28, 2020

In the News How Schools Are Scrambling to Open [NYT] Principals Assail Mayor, Calling for State Takeover of Schools [NYT] New York Threatens Orthodox Jewish Areas With Lockdown Over Virus [NYT] Firefighters Battling Flatlands Home Blaze Discover Heaps of Hidden Cash [NYP] Revolutionary War Battleground Could Be Beneath Gowanus Development [BP] Complaints (..)

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Principal Development 75

Housing Wire

NOVEMBER 16, 2023

Department of the Treasury have agreed to settle a lawsuit in which the lender claims “flawed analysis and mathematical errors” led to its decertification as a Community Development Financial Institution (CDFI).

Lending 414

Lending Principal Finance Loans 414

Housing Wire

JULY 12, 2023

BlackFin Group announced on Wednesday the appointment of Christopher Call as the principal consultant on the BlackFin Group Professional Services team. In this new role, Call will assume leadership of the expanding team. “I am eager to serve our clients by delivering on their critical business needs,” Call said.

Principal 364

Principal Technology Banks Mortgages 364

Housing Wire

MARCH 6, 2024

One potentially positive development is that New View had originally predicted that HMBS production would be lower than it actually is, due to larger factors that influence pool production. “No pressure, really — the Ginnie Mae market is very liquid,” he said. The resulting lower HECM production inevitably reduces HMBS production.”

Mortgages 433

Mortgages Seller concession Principal Loans 433

Housing Wire

FEBRUARY 16, 2023

In his new role, Seehausen will work with the leadership team at LauraMac, overseeing strategic planning and developing new and existing products. “I Prior to joining LauraMac, he served as a principal at LauraMac’s parent company Calterra Capital, where he continues to be an executive advisor to personal holdings. “We

Loans 375

Loans Principal Technology Development 375

Housing Wire

NOVEMBER 3, 2023

Department of Treasury that would keep the firm certified as a Community Development Financial Institution (CDFI). Change accused Levine of committing fraud and breaching his contract with the firm to advance his scheme to extort Change and its principals for over $10 million.

Lending 409

Lending Principal Finance Loans 409

Housing Wire

JUNE 14, 2022

Fannie Mae has chosen the winning bidder for its inaugural nonperforming loan sale of 2022, a deal involving 3,223 loans with an unpaid principal balance of $477.2 The cover bids, which represent the second highest bid per pool, however, were 94.59% of the unpaid principal balance (UPB) for Pool 1 and 101.59% of UPB for Pool 2.

Loans 370

Loans Purchase and sale agreement Sales Principal 370

Housing Wire

SEPTEMBER 16, 2022

In addition, purchasers must offer delinquent borrowers a waterfall of loss mitigation options, including loan modifications, which may include principal forgiveness, prior to initiating foreclosure on any loan.”. Through four offerings to date, Fannie Mae has brought to market 31,780 reperforming loans valued at $5.4

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Sales Principal Loans Banks 397

Housing Wire

DECEMBER 14, 2023

Of the nine open board of director seats, four went to MLS or Realtor association representatives and five went to members representing technology companies, developers, partners or consultants. Of the winners, Fairley, Jensen, Cohen, Evans and Wurzer all currently hold seats on the board of directors.

MLS 420

MLS Technology Principal Industrial 420

Housing Wire

OCTOBER 11, 2023

The alarming data underscores why housing professionals need to understand the financial impact of climate change on the real estate industry, George Gallagher, senior leader and principal of ESG, climate risk, natural hazard and spatial solutions at CoreLogic told attendees during a session at HousingWire Annual on Wednesday.

Principal 441

Principal Loans Investor Industrial 441

Housing Wire

DECEMBER 21, 2021

HousingWire Editor-in-Chief Sarah Wheeler had the opportunity to catch up with Autumn Barkhuff, CoreLogic Principal of Program Management, to talk about potential housing market trends in 2022 and how real estate analytics can enable decision making. “So But it’s not just the data that sets CoreLogic apart in the industry, she explained.

Principal 395

Principal Development Industrial Marketing 395

Housing Wire

FEBRUARY 6, 2023

He became an interim principal financial officer in July 2022 following the death of Timothy Forrester. billion and injected $925 million into UWM to develop new technology and grow the broker channel. Hubacker joined the mortgage lender in October 2020 as chief accounting officer. Forrester served as UWM’s CFO for 10 years.

Principal 409

Principal Finance Mortgages Loans 409

Housing Wire

MARCH 23, 2023

Census Bureau and the Department of Housing and Urban Development ( HUD ). New home sales increased in February for the third straight month, in a sign that the market may be stabilizing,” Kelly Mangold, the principal of RCLCO Real Estate Consulting , said in a statement. “As New home sales continued to rise in February, jumping 1.1%

Sales 410

Sales Principal MLS Mortgages 410

Housing Wire

APRIL 1, 2024

To start out, our comp plan was based on the production and the [unpaid principal balances (UPBs)]. Parks sees this kind of development as a key differentiating factor for the Longbridge NFS division when compared to competitors. “A Two years later, the UPB has diminished right.

Sales 415

Sales Loan Officer Principal Loans 415

REM Online

MARCH 21, 2022

The original post can be found at the following URL: Mike Harrison joins Avison Young’s Vancouver land development team. Avison Young is broadening its expertise in Vancouver’s land development market with the appointment of Mike Harrison as principal, development land sales.

Land 59

Land Development Principal Sales 59

Realty Biz

MARCH 5, 2021

million households in foreclosure in the amount of $547 billion in unpaid principal (not counting interest and related fees). The post Developing Housing Market Concerns appeared first on RealtyBizNews: Real Estate News. Foreclosures are also on the horizon. According to Black Knight (mortgage data company), in January there were 2.7

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Development Marketing Residential Principal 107

Housing Wire

APRIL 21, 2022

Meanwhile, Ethan Elzen will be the executive vice president of business development and operational finance. . According to the latest quarterly earnings, the servicing company ended the fourth quarter of 2021 with $710 billion in unpaid principal balance, up from $668 billion in the third quarter. Cooper Group Inc.,

Banks 397

Banks Principal Finance Equity 397

Housing Wire

FEBRUARY 13, 2023

Last month, Deephaven tapped business development veteran Tyler Bohn as its managing director of national accounts. In May, Lisa Heitzmann joined the company as its chief operating officer and later went on to join LGH Consulting LLC as its principal. among others. million security backed by non-QM mortgages.

Mortgages 380

Mortgages Principal Banks Equity 380

Housing Wire

FEBRUARY 24, 2023

Among other initiatives, the FHA raised the maximum partial claim amount from 25% of the mortgage ‘s unpaid principal balance to the maximum 30% allowed by statute. The FHA is developing a solution where borrowers can put the partial claim resources into a reserve account and supplement mortgage payments over time. “It

Industrial 384

Industrial Principal Loans Mortgages 384

Housing Wire

DECEMBER 30, 2020

For 2021, I talked with Scott Petronis , principal of Xcentric Consulting and one of the architects of HousingWire’s HousingStack ecosystem, about three areas of fintech he’s keeping an eye on in the new year. . End-to-end tech vs disparate tech solutions. End-to-end tech vs disparate tech solutions.

Principal 432

Principal Technology Development Mortgages 432