Housing Wire

JUNE 23, 2025

With mortgage rates still hovering near multi-decade highs, homeowners are opting to hold onto their ultra-low first mortgages. Instead of refinancing, they’re tapping into their equity through home equity loans and HELOC s to finance renovations, cover tuition, or consolidate high-interest debt. Alternatives are allowed.

Lending

Housing Wire

DECEMBER 5, 2024

As consumer debt reaches all-time highs and the cost of living continues to escalate, home equity investment fintech Splitero on Thursday announced a purchase commitment from funds managed by asset manager Blue Owl Capital. mortgage holders held $17.2 trillion in equity, of which $11.2 At the end of third-quarter 2024, U.S.

Equity

Housing Wire

NOVEMBER 13, 2024

Founder and CEO Vishal Garg made a eye-popping statement when he opined that “in the next 10 years, 99% of the (mortgage) tasks will be completed by bots and 1% by humans.” “The bulk of the tasks that are required to process a mortgage are going to be performed by AI bots over the next 10 years,” Garg said in an interview with HousingWire.

Mortgages

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. That is bad news for banks like WaFd Bank, because it has made the business of originating mortgages for our portfolio unsustainable.

Lending

Housing Wire

APRIL 8, 2025

Fairway Independent Mortgage Corp. 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. Fairway Independent Mortgage Corp.

Closing

Housing Wire

JANUARY 27, 2025

Beyond just offering homeowners 24/7 self-service capabilities to handle day-to-day loan maintenance activities, e.g. making a mortgage payment or reviewing taxes, insurance, and loan details, the app also allows customers to better explore and manage their housing wealth.

Equity

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 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. They will be a great fit.

Loan Officer

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 12, 2024

Finance of America (FOA), the leading reverse mortgage lender, presented a robust outlook last week in its third-quarter 2024 earnings and is aiming to hit the ground running with business in 2025. The product was first introduced in 2018, marking the industry’s first-ever second-lien reverse mortgage option.

Mortgages

Housing Wire

JULY 11, 2025

Welcome back to Tech Pulse — HousingWire ‘s weekly series rounding up the latest in technology — including tools, integrations and trends that impact mortgage and real estate. With no association membership required and an equity-ownership model, REsides aims to empower real estate professionals and support growth.

MLS

Housing Wire

NOVEMBER 15, 2024

Rocket Companies ’ third-quarter earnings call offered a glimpse into a key element of its 2025 strategy for Rocket Mortgage — driving profits through ridiculously high recapture rates and an expanding servicing portfolio. Here’s HousingWire’s early look at Rocket Mortgage’s 2025 recapture play strategy.

Mortgages

Housing Wire

MARCH 31, 2025

Rocket Companies is buying Mr. Cooper , America’s largest mortgage servicer, in a market-shattering deal that could reshape the mortgage industry for years to come. billion , is paying an equity value of $9.4 That’s one out of every six mortgages in America. trillion, spread across nearly 10 million clients.

Finance

Housing Wire

DECEMBER 30, 2024

While 2024 was rife with challenges for the mortgage industry broadly across forward and reverse a new year brings a new mindset. Some challenges remain, with mortgage rates being chief among them. Education and distribution can also likely be improved.

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

MAY 13, 2025

Mortgage solutions provider ServiceLink has introduced updates to its EXOS Close platform aimed at increasing scheduling flexibility for lenders and borrowers. New features are expected to benefit home equity and refinance transactions by streamlining scheduling and improving transparency, the company added.

Technology

Housing Wire

JUNE 13, 2025

Mortgage veteran Glenn Stearns is taking a different approach with his latest venture. Kind Lending , a national wholesale mortgage lender and his second brainchild, is built on lean operations and a focus on efficiency — a contrast with his first company, Stearns Lending, which filed for Chapter 11 bankruptcy in 2019. He’s not wrong.

Mortgages

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 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

JANUARY 22, 2025

Online real estate marketplace Auction.com announced Wednesday that it is launching SmartSale, a technology-powered option to foreclosure that lets distressed homeowners list and sell their property. For those who are struggling to repay their mortgages, the process aims to help them avoid foreclosure and retain their home equity.

Proof of funds

Housing Wire

OCTOBER 28, 2024

Fluctuating interest rates and a fast-changing market Last month, we saw the Federal Reserve deliver their long-awaited decision to lower interest rates with a 50 basis points cut, and 30-year mortgage rates reached as low as 6.08% according to ICE’s 30-year fixed conforming rate index.

Loan Officer

Housing Wire

JULY 1, 2025

“By bringing Flyhomes’ consumer technology under the Real umbrella, we’re combining the best in real estate innovation to deliver a seamless, AI-powered experience —designed around people—for both agents and consumers,” Tamir Poleg , the chairman and CEO of Real, said in a statement.

Technology

Housing Wire

MARCH 4, 2025

Top five reverse mortgage lender Finance of America (FOA) announced on Tuesday the hiring of two new executive leaders to modernize the companys digital and customer experience strategies. “These executive appointments are crucial for Finance of Americas objective to redefine the reverse mortgage experience.

Technology

Housing Wire

MAY 8, 2025

If you believe you can originate mortgages today in the same way they were done in 2018, youve probably been on a very remote island since then. 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.

Loan Officer

Housing Wire

JUNE 10, 2025

Reverse mortgage lender and servicer Longbridge Financial , a no. 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.

Equity

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

JUNE 25, 2025

“Until mortgage rates ease or wage growth catches up, we expect this dynamic of increased supply yet more selective demand to define the market in the near term.” Most agents instead pointed to economic considerations (64%), company culture and values (55%), and technology and tools (38%). in May, down from 47.8

Marketing

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

DECEMBER 9, 2024

The reverse mortgage division of Rate formerly known as Guaranteed Rate recently announced the hiring of reverse industry veteran Jesse Allen as the president for Rates reverse lending division as the company heads into 2025. Naturally, this includes reverse mortgages, he explained. That role is an active one, Allen said.

Mortgages

Housing Wire

MARCH 19, 2025

Better ‘s fourth-quarter and full-year 2024 earnings call showcased the company’s growing revenue and its plans to further integrate artificial intelligence into the mortgage process. All three of the company’s product channels purchase, refinance and home equity saw annualized growth. It finished 2024 with $3.6

Loan Officer

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. Wallace brings more than 30 years of experience as a leader of tech-focused mortgage, asset management and capital market platforms. “The U.S.

Technology

Housing Wire

FEBRUARY 6, 2025

Rithm Capital , which owns multichannel mortgage lender Newrez , built upon its success in 2023 with net income of $835 million in 2024. according to Inside Mortgage Finance (IMF). 3 among the nations largest primary mortgage servicers, according to IMF, and its UPB jumped 32% year over year in the fourth quarter to reach $844 billion.

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. ” In 2024, Equity Smart Home Loans originated over 1,600 loans, according to Modex data. “It just comes down to pricing. Of those loans, just over 66% were brokered.

Equity

Housing Wire

JULY 1, 2025

billion in equity. ” The completed transaction merges Redfin’s home search platform, which is comprised of 50 million monthly visitors, 1 million active purchase and rental listings and its network of over 2,200 agents, with Rocket’s mortgage services. “I’ve used Redfin every day for the last 20 years. .”

VA loan

Housing Wire

MAY 13, 2025

This article explores the key traits, strategies, and mindset shifts required to succeed in evolving real estate and mortgage landscapes. Homeowners are stuck Many homeowners hesitate to sell due to the low mortgage rates they secured in previous years. Understanding todays market challenges 1.

Industrial

Housing Wire

MAY 12, 2025

The lending playbook needs an overhaul Lets cut through the noise: The mortgage market isnt changing; its already changed. 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.

Mortgages

Housing Wire

MARCH 4, 2025

Floify has introduced Dynamic Apps, a new feature that allows mortgage lenders to customize loan applications based on loan type. Traditional mortgage applications often require borrowers to answer questions irrelevant to their loan type. Based on the response, the system adjusts the application and displays only relevant information.

Mortgages