Housing Wire

SEPTEMBER 21, 2021

Starting March 14, 2022, the Federal Housing Administration (FHA) will require all lenders to use FHA Catalyst for appraisals. The module can also accept appraisals for Home Equity Conversion Mortgages (HECMs), the administration announced last week.

FHA loan 460

FHA loan Lending Equity Technology 460

Housing Wire

OCTOBER 23, 2020

Just before its stock debuted at a disappointing $15 a share, Guild Mortgage settled a federal lawsuit that claimed the lender knowingly breached legal requirements when it originated and underwrote FHA loans. LOs are only human — Tech is necessary to keep up with max loan volumes. It did not admit to any wrongdoing. “We

Mortgages 498

Mortgages FHA loan Lending Loans 498

Housing Wire

SEPTEMBER 22, 2023

For existing homeowners, that’s good news because it means equity accumulation. These loans are going to refinance, and the consumer will be in good shape, building equity to become a move-up buyer. Duncan: They have been investing in technology — primarily consumer-facing technologies to get business in the door.

FHA loan 460

FHA loan Bankruptcy Marketing Loans 460

Housing Wire

FEBRUARY 15, 2024

We were focused on being able to take a consumer all the way through on our technology platform for just the conventional loans, and we achieved that milestone back in the summer of 2023. The plan is to distribute the product through its network of partners as it scales. Better Home & Finance Holding Co. ,

VA loan 417

VA loan Loans Loan Officer FHA loan 417

Housing Wire

MARCH 14, 2024

These include the integration of forward mortgage professionals into the reverse mortgage business, how the Home Equity Conversion Mortgage (HECM) limit for 2024 could end up impacting the industry, and the openness of both clients and referral partners to reverse mortgage conversations. 2024 HECM limit On Jan. 2024 HECM limit On Jan.

Mortgages 428

Mortgages Loan Officer FHA loan Equity 428

Calculated Risk Real Estate

JULY 7, 2025

Pockets of vulnerability can be seen in rising negative equity, increased use of mortgage products that improve short-term affordability, and exposure to student loan debt. Softening home prices expand from the Sunbelt to Western states, driving increased negative equity.

Mortgages 52

Mortgages FHA loan Equity Loans 52

Real Trends

NOVEMBER 11, 2022

“With housing affordability at an all-time low and interest rates on the climb, it’s important that homeowners have alternative options to access their home equity without selling or taking on additional debt,” said Michael Gifford, CEO of Splitero , a financial technology company that helps homeowners access home equity. .

Finance 113

Finance VA loan FHA loan Agents 113

Realty Biz

JULY 23, 2023

Government-backed and conventional mortgage options, as well as home equity for down payment assistance, are available. Recent changes and technological advancements are shaping the lending landscape. Understanding the available options can help navigate the loan process successfully.

Debt-to-income ratio 72

Debt-to-income ratio FHA loan Lending Loans 72

Marco Santarelli

MAY 30, 2024

Alternative Financing Options: Exploring programs like FHA loans or down payment assistance initiatives can help bridge the gap for aspiring homeowners facing stiff competition from cash buyers. Owning a home offers long-term benefits like equity building and potential appreciation in value.

Investor 98

Investor Marketing Pre-approval FHA loan 98

HomeLight

JANUARY 6, 2022

It just has to show the potential for them to make money, build equity, or obtain the lifestyle they want within their budget. This buyer may be a first-timer who is unable to tap into existing equity to buy a new home, or a DIYer who isn’t afraid of a house that needs some TLC. Possible buyer #1: The real estate investor.

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Renovation Investor Inspection Loans 126

Calculated Risk Real Estate

JULY 3, 2024

This has been a slow-moving change, as borrowers with lower rates have sold their homes or, to a smaller degree, refinanced to withdraw equity. or higher – 1.9M “As of May, 24% of homeowners with mortgages now have a current interest rate of 5% or higher,” said Walden. “All in, there are 5.8M or higher – 1.9M

Mortgages 59

Mortgages FHA loan Loans Staging 59

Lab Coat Agents

MAY 1, 2024

Additional Benefits No Mortgage Insurance Another significant benefit of assuming a VA loan is that there is no mortgage insurance required, even if the buyer puts less than 20% down. This can result in additional monthly savings compared to conventional or FHA loans with small down payments.

VA loan 52

VA loan Loans Debt-to-income ratio FHA loan 52

Housing Wire

FEBRUARY 7, 2022

HUD’s work co-leading the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE), as well as the number of actions taken in the first year of the administration to bolster enforcement of the Fair Housing Act demonstrates our commitment to the issue,” a spokesperson said.

Banks 370

Banks Lending Loans Mortgages 370

Housing Wire

DECEMBER 7, 2020

The incoming Biden administration has made improving racial equity a pillar of its domestic policy agenda, and appropriately so. With home equity accounting for a quarter of total U.S. Quicken Loans Mortgage Services is proud to partner with a diverse set of brokers, which broadens the pool of potential clients they serve together.

FHA loan 498

FHA loan Debt-to-income ratio Loans Equity 498

Housing Wire

FEBRUARY 25, 2025

The economy is in a negative beat right now with inventories only slightly up year over year, with home sellers beginning to take their listings off the market in growing numbers, Lloyd San, senior vice president of enterprise business development at real estate technology firm Voxtur , said in a statement.

Mortgages 378

Mortgages MLS Loans Equity 378