Housing Wire

APRIL 28, 2025

billion deal to acquire digital real estate brokerage firm Redfin , industry observers are still trying to understand the future of one key asset: Bay Equity Home Loans. While the companies remain quiet on their plans, some Bay Equity employees arent waiting for answerstheyre already looking for new jobs. billion in 2022, $4.2

Loan Officer

Housing Wire

JANUARY 27, 2025

Integrated with ICEs industry-leading MSP loan servicing system , Servicing Digital provides homeowners with real-time access to detailed and personalized loan and property-related data anytime, anywhere. In fact, ICEs Mortgage Monitor data found that as of November 2024, the average U.S.

Equity

Housing Wire

APRIL 10, 2025

If it isn’t rising interest rates or shifting rental trends, then growing technology is the driving force that prompts investors to evolve. In this executive conversation, van der Reis explores his experience in CRE finance, technology, loan servicing , and risk management. A change is needed.

Investor

Housing Wire

JULY 31, 2025

HousingWire: Matt, we’ve spoken a few times recently about the work you’re doing in the customer acquisition space, and how ICE is helping lenders uncover new loan opportunities in today’s competitive market. Lenders often view borrowers differently depending on where they are in the loan journey. Can you tell us more about that?

Loans

Housing Wire

APRIL 16, 2025

Equity Smart Home Loans made a splash Wednesday by announcing it is severing ties with United Wholesale Mortgage (UWM) and partnering with Rocket Pro. A lot of our loan officers are struggling. So we’re behind our loan officers, our consumers come first,” Martinez said during the interview.

Equity

Housing Wire

OCTOBER 10, 2024

Mortgage lenders can also benefit from these projects through a variety of products, including home equity lines of credit (HELOCs). The vast amount of home equity accumulated across the country could be a path to addressing these issues. And there are now 32 million borrowers who have at least $100,000 in tappable equity.

Renovation

Housing Wire

NOVEMBER 13, 2024

The company also reported a funded loan volume of $1.035 billion for Q3 2024, up 42% year over year and up 8% quarter over quarter, with 71% of this volume attributed to purchase loans. million in cash, restricted cash, short-term investments and self-funded loans. The company posted an adjusted EBITDA loss of $38.7

Mortgages

Housing Wire

MARCH 10, 2025

billion in equity. Together, we will improve the experience by connecting traditionally disparate steps of the search and financing process with leading technology that removes friction, reduces costs and increases value to American homebuyers.

Purchase and sale agreement

Housing Wire

JANUARY 17, 2025

Seattle-based WaFd Bank , which has offered home loans for more than 100 years, announced Thursday in an earnings report that it will exit the single-family mortgage lending business. ” “We will be reaching out to clients who have active loan applications with additional details and deadlines. million profit in Q4 2023.

Lending

Housing Wire

MAY 8, 2025

Todays best loan officers operate differently and expect more. Things like AI, well-integrated technology, consumer expectations and the rise of a number of innovative new business models have turned the industry on its head, and for the better in many cases. Did I mention technology has also changed?

Loan Officer

Housing Wire

OCTOBER 28, 2024

While retaining existing customers should remain a key priority, as interest rates fluctuate, lenders should be prepared to support an increase in new business for refinances, purchases and home equity lending. Moreover, the older the loan, the more likely the borrower would refinance elsewhere.

Loan Officer

Housing Wire

JUNE 24, 2025

Rocket Mortgage , the home lending arm of Rocket Companies , announced Tuesday it will now offer bridge loans , a short-term financing option that helps homeowners tap into their equity while selling their current property. The maximum loan amount is $500,000. If not, borrowers can request a one-time extension. “We

Loans

Housing Wire

JUNE 20, 2025

Welcome back to Tech Pulse — a new weekly series rounding up the latest in technology , including tools, integrations and trends that impact mortgage and real estate. Chief technology offficer Jason Bressler shares how these tools boost speed, accuracy and client engagement — ushering in a smarter, more automated lending era.

Lending

Housing Wire

NOVEMBER 26, 2024

In honor of the 2025 Tech100 nomination season, HousingWire asked leaders from last year’s Tech100-winning companies including Flueid , Vesta , Gridbase and MyHome, a Williston Financial Group Company to share some examples of how their technology has helped transform a traditional real estate and mortgage process.

Title

Housing Wire

APRIL 18, 2025

First American Data & Analytics has launched a new product designed to help lenders identify title issues earlier in the mortgage and home equity loan process, with the goal of cutting delays and reducing closing times.

Title

Housing Wire

MARCH 31, 2025

billion , is paying an equity value of $9.4 Rocket projects $400 million in pre-tax cost savings from streamlining operations, corporate expense and technology investments. Cooper , America’s largest mortgage servicer, in a market-shattering deal that could reshape the mortgage industry for years to come.

Finance

Housing Wire

APRIL 8, 2025

announced the incorporation of hybrid e-closings for reverse mortgages on Tuesday, aiming to incorporate its experience with the technology on the forward side of the mortgage business into its reverse mortgage division for the first time. This is according to Tom Evans, EVP of marketing and technology for reverse at Fairway.

Closing

Housing Wire

FEBRUARY 6, 2025

billion in consumer loans from Goldman Sachs while also closing a deal to purchase Sculptor Capital Management and its $33 billion in assets under management. In total, its funded loan volume jumped from $8.9 Its refinance recapture rate in 2024 when including closed-end second-lien loans was 52%, up from 41% two years earlier.

Loans

Housing Wire

MARCH 4, 2025

The new chief information officer, Brian Conneen, is described as a seasoned fintech leader who played a pivotal role in scaling personal loan provider Best Egg from its inception to serving over two million customers.

Technology

Housing Wire

FEBRUARY 20, 2025

Digital homeownership company Better.com on Thursday announced a record 400% growth in its home equity line of credit ( HELOC ) and home equity loan businesses. “What’s unique about our solution there is, we’re not asking them to adopt our technology,” he said about earning customers.

Equity

Housing Wire

JULY 1, 2025

billion in equity. Rocket Preferred Pricing is available to qualified clients buying a home with conventional, FHA or VA loans. The transaction faced no opposition from antitrust regulators and received approval from Redfin shareholders on June 4. “I’ve used Redfin every day for the last 20 years.

VA loan

Housing Wire

NOVEMBER 12, 2024

Digital mortgage exchange platform and loan aggregator MAXEX announced on Tuesday the hiring of mortgage technology veteran Daniel Wallace as its new chief operating officer. Bill Decker, MAXEX president and co-founder, highlighted Wallace’s expertise in mortgage technology as a valuable asset for the company.

Technology

Housing Wire

NOVEMBER 12, 2024

It also wants to widely deploy refreshed marketing strategies that are designed to both educate and appeal to older homeowners about the use of home equity in retirement. The potential for building on HomeSafe Second’s numbers also comes from broader trends in the home equity lending space, she said.

Mortgages

Housing Wire

JUNE 10, 2025

2 industry player in reverse-backed securities issuance and one of the top two providers of proprietary reverse mortgage loans, is expanding its product suite beyond government-backed and proprietary reverse mortgages while remaining focused on older customers. Reverse mortgage lender and servicer Longbridge Financial , a no.

Equity

Housing Wire

MAY 7, 2025

Roughly 73% of respondents said they used personal savings to cover renovation costs, significantly outpacing those who relied on credit cards (17%) and home equity loans (15%). Building trust, new technology Finding a trustworthy contractor is also proving to be a challenge for homeowners.

Renovation

Housing Wire

MAY 13, 2025

Additionally, increasing credit card debt, student loans, and high living costs make upgrading homes financially challenging. Limited financial literacy Many clients of real estate professionals lack basic financial planning knowledge and do not understand how to leverage home equity, consolidate debt, or invest strategically.

Industrial

Housing Wire

JUNE 13, 2025

Private equity giant Blackstone conducted the Stearns Lending bankruptcy process after acquiring a majority stake in parent company Stearns Holdings in 2015. These lenders recorded an average net production income of $882 per loan (20 basis points). As a group, IMBs posted a net loss of $28 per loan in the same period. “If

Mortgages

Housing Wire

NOVEMBER 1, 2024

The Mortgage Industry Standards Maintenance Organization (MISMO), a subsidiary of the Mortgage Bankers Association (MBA), has been developing a series of uniform technology standards that will ideally allow for the somewhat siloed reverse mortgage industry to more easily collaborate with others in the mortgage finance ecosystem.

Mortgages

Housing Wire

MARCH 19, 2025

Vishal Garg , Better’s CEO and founder, said that despite a market with historically low housing affordability and persistently high mortgage rates , Better saw progress in its funded loan volume. All three of the company’s product channels purchase, refinance and home equity saw annualized growth.

Loan Officer

Housing Wire

MAY 12, 2025

Home Equity Investment (HEI) is a relatively new option for private equity real estate investors, and one that carries significant promise. Unlike a loan, there are no monthly payments or interest. Theres a supply of billions of dollars in home equity that wants to be tapped. Theres this tremendous demand for HEIs.

Equity

Housing Wire

JULY 30, 2025

” Other achievements throughout the quarter included a fraud detection and prevention partnership with Palantir Technologies , surpassing $100 billion in total equity and ranking No. Credit quality remained solid, with a 50% loan-to-value ratio and an average FICO score of 753 at origination. 25 in the 2025 Fortune 500.

Loans

Housing Wire

APRIL 28, 2025

“We have the scale, capital, technology , and we’ve invested forward. We’ve also been seeing ramp production and closed-end seconds , home equity loans, and we think that’s a great untapped opportunity for the channel.” . “There’s a lot of talk about choice in the channel. ”

Marketing

Housing Wire

NOVEMBER 15, 2024

In the midst of a servicing acquisition spree, the company now has millions of potential new customers in its ecosystem, and executives say its technological advancements allow for faster decision-making and better outcomes, creating efficiencies others can’t match when the refis do come. months to 4.3 months,” he said.

Mortgages

Housing Wire

APRIL 7, 2025

That’s according to the latest Mortgage Monitor report from ICE Mortgage Technology. While falling condo prices can erode equity levels among existing condo owners, they also afford modest relief to those looking to prospective home buyers. In last month’s ICE first look, FHA loans dominated delinquencies.

FHA loan

Housing Wire

MARCH 24, 2025

Department of Housing and Urban Development (HUD) has moved to cancel a contract that involves a technology service for Home Equity Conversion Mortgage ( HECM ) counselors , according to a review of the contract details on government websites and an announcement from the National Reverse Mortgage Lenders Association (NRMLA).

Technology

Housing Wire

MAY 12, 2025

HELOC and home equity loan originations jumped 6% and 8% , respectively, in Q3 2024. Homeowners are increasingly turning to HELOCs as a means to access home equity without refinancing their low-rate mortgages. According to the Mortgage Bankers Association , the lenders who are making money right now arent just originating loans.

Mortgages

Housing Wire

DECEMBER 30, 2024

The good news for 2024 for us was that we had a lot of forward loan officers realize that reverse mortgages are a great piece [to add to] their business, and a lot of people took the initiative to get certified, she said. There may be ways to improve that, whether it’s changes in guidelines or changes in technology.

Mortgages