Housing Wire

OCTOBER 18, 2024

Provident told broker partners that all loans in the pipeline must be locked by 11:59 p.m. Additionally, all loans currently locked must be funded by the lock expiration date. Relatedly, Fannie Mae and Freddie Mac have blacklisted a number of condo buildings in South Florida that it won’t back loans for. PST on Oct.

Mortgages 520

Mortgages Marketing Lending Finance 520

Housing Wire

JUNE 13, 2025

As debate swirls over job loss and security risks, Bressler urged the industry to embrace AI or risk falling behind, likening resistance to ignoring the internet in the ’90s. Experts say inclusive development is critical as AI reshapes industries like health care and financial services. million in seed funding.

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Industrial MLS Loan Officer Lending 252

Housing Wire

APRIL 10, 2025

Meet Danny van der Reis , a commercial real estate (CRE) finance veteran and executive vice president of servicing and asset management at Arbor Realty Trust. In this executive conversation, van der Reis explores his experience in CRE finance, technology, loan servicing , and risk management.

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Investor Commercial Finance Loans 441

Housing Wire

MARCH 12, 2025

Evergreen Home Loans has expanded into New Mexico , opening branches in Albuquerque and Carlsbad. provides origination, funding and servicing for home loans. As we continue our expansion, our focus remains on delivering home financing solutions that put our clients first.

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Loans Construction Finance Mortgages 317

Housing Wire

FEBRUARY 6, 2025

In addition to all of these challenges, economic factors outside of housing are making it harder for potential buyers to acquire qualifying mortgage loans. Most lenders focus on offering traditional mortgage loans to clients, choosing to shy away from unconventional options in the market. Finance a loan, and you may lose money.

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Loans Mortgages Equity Construction 301

Housing Wire

MAY 13, 2025

Lets be real: the real estate industry is changing. The real professional of the future must provide proactive, consistent and ongoing value on all things real estate and finance. Industry trends show that homeowners locked into sub-3% mortgage rates find it difficult to justify moving when current rates hover around 6.5%

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Industrial Mortgages Technology Equity 337

Housing Wire

JUNE 13, 2025

Non-QM lending allows borrowers with nontraditional income sources, such as self-employed individuals, freelancers, and gig workers, to qualify for mortgage financing. Additionally, third-party due diligence is conducted on 100% of the securitized loans, utilizing firms that have been reviewed and approved by S&P. percent and 6.2

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Due diligence Lending Investor Loans 416

Housing Wire

JANUARY 23, 2025

billion in total or as much as $1,692 per loan. The Federal Housing Finance Agency had previously estimated that the pilot could save consumers between $500 and $1,500 per transaction. In their analysis, Nigrinis and Zywicki found that borrowers refinancing their mortgage could save an estimated $2.19

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Title Land Loans Closing costs 441

Housing Wire

OCTOBER 31, 2024

Reverse mortgage industry leader Finance of America (FOA) announced updates on Thursday to the interest rate for HomeSafe Second, its proprietary second-lien reverse mortgage product. The interest rate on the loan has been lowered from 9.99% to 9.49%. The interest rate on the loan has been lowered from 9.99% to 9.49%.

Mortgages 407

Mortgages Equity Loan Officer Loans 407

Housing Wire

MAY 5, 2025

San Francisco-based home equity solutions provider Unison announced Monday that it’s lowering the annual percentage rate (APR) on its Equity Sharing Home Loan, an alternative funding vehicle aimed at helping U.S. The company said that for a $100,000 loan through Unison, the 5.34% rate equates to monthly payments as low as $306.

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Equity Loans Mortgages Finance 296

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. As of April 22, the platform had 272 sponsored loan officers across 90 branches, according to the Nationwide Multistate Licensing System (NMLS).

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Loan Officer Equity Loans Brokerage 376

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. Rocket also has arguably the strongest recapture game in the industry, and a deal like this would give it a distinct advantage over all other competitors.

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Finance Title Mortgages Equity 441

Housing Wire

JANUARY 31, 2025

Evergreen Home Loans , which is based in Washington state and has a presence in seven Western states, announced a major expansion of its footprint on Friday. “His proven success in building strong teams and partnerships, along with his deep industry expertise, makes him the perfect fit for this role. .

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Loans Loan Officer Construction Banks 296

Housing Wire

MARCH 27, 2025

The company calls the move an “industry-first initiative.” “By covering these expenses, we’re creating a rising tide that lifts all boats consumers get more affordable mortgages, lenders reduce expenses and close loans faster, and our industry takes another step toward truly digital mortgages.

Mortgages 328

Mortgages Loan Officer Technology Loans 328

Housing Wire

NOVEMBER 18, 2024

by a number of industry players. Department of Veterans Affairs (VA) and the Federal Home Loan Banks (FHLBs) in New York, Chicago and San Francisco. The initiative comes as the mortgage industry prepares for mandatory adoption of VantageScore 4.0 by October 2025, as required by the Federal Housing Finance Agency (FHFA).

Mortgages 394

Mortgages Principal Banks Loans 394

Housing Wire

FEBRUARY 4, 2025

Arrival Home Loans on Tuesday announced a partnership with zavvie a fintech company that specializes in bringing liquidity to residential real estate in an effort to enhance the homebuying experience for its customers. Arrival Home Loans, which is powered by Pacific Private Money Inc. produced a total volume of $52.5

Loans 260

Loans Loan Officer Finance Brokerage 260

Housing Wire

DECEMBER 4, 2024

It’s the ninth straight year that the limit will increase based on home-price appreciation levels, which feeds into a single, national limit for all HECM loans. Overall, we feel that this is positive as it helps to expand the industry to even more individuals that can benefit from a reverse loan,” Sciandra said.

Mortgages 384

Mortgages Equity Lending Loans 384

Housing Wire

DECEMBER 18, 2024

Market data at HousingWire ‘s Mortgage Rates Center showed an average fixed rate of 6.87% for 30-year conforming loans on Wednesday, a slight increase from the week ending on Dec. ” Refinance application activity across all loan types decreased 3% week over week, although it was still 41% higher compared to the same week in 2023.

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VA loan Mortgages FHA loan Loans 377

Housing Wire

OCTOBER 25, 2024

In this HousingWire Executive Conversation, Tom Davis, Chief Sales Officer at Deephaven , discusses the opportunities in the non-QM investor loan space as we head into the new year. He emphasizes the importance of a diverse product portfolio including DSCR and business-purpose loans, to better serve clients.

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Investor New Construction Construction Loans 421

Housing Wire

MAY 29, 2025

The answer lies in a remote corner of the mortgage industry: subservicing. For subservicers, managing loans can generate stable income through fees, and when agreements allow and align with their strategy, it opens doors for cross-selling activity. Theres a lot of consolidation in the [subservicing] industry. trillion as of Dec.

Mortgages 352

Mortgages Loans Banks Industrial 352

Housing Wire

OCTOBER 25, 2024

The company offers a product called Passport, which analyzes financial data provided by customers, such as banking history and recurring payments, to assess their ability to repay a loan. Lapin said FormFree operates within an open banking framework, a relative rarity in the mortgage industry. The mortgage sector will be affected.

Banks 431

Banks Mortgages Lending Industrial 431

Housing Wire

JULY 19, 2024

“A national secondary market for construction financing could allow lenders, like state housing finance agencies and banks, to provide the investment capital needed to get multifamily housing projects built and keys in families’ hands.” This could make the overall cost to entry — which is already low — more digestible.

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Construction Finance Development Marketing 466

Housing Wire

SEPTEMBER 23, 2024

increase from the first quarter, according to an analysis of public filings by Inside Mortgage Finance. By contrast, sellers of loans through fellow government-sponsored enterprise (GSE) Fannie Mae repurchased $268.5 million in noncompliant loans during the same period, a 27.7% decline from Q1 2024.

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Loans Mortgages Finance Industrial 504

Housing Wire

APRIL 25, 2025

Reverse mortgage professionals are preparing to travel to Irvine, California, for the industrys first event of the year, hosted by the National Reverse Mortgage Lenders Association (NRMLA). But NRMLAs board will also aim to look even further ahead by engaging members on-site about the potential dynamics of the industry beyond that scope.

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Industrial Mortgages Loan Officer Equity 207

Housing Wire

JUNE 5, 2024

Department of Housing and Urban Development (HUD) this week announced the launch of a new program designed to allow for the purchase, refinance or renovation of manufactured housing under a loan program sponsored by the Federal Housing Administration (FHA).

Loans 527

Loans Finance Renovation Equity 527

Housing Wire

AUGUST 30, 2024

As a salve, a vocal minority of activists say that “simply” allowing the financing of buyer-agent commissions into mortgages will resolve all concerns. For reasons both practical and legal, buyer-agent commissions are not today explicitly financeable with a mortgage. But this is much easier said than done.

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Finance Agents FHA loan Closing costs 421

Housing Wire

MARCH 21, 2025

Findings include 71% of loan officers reporting an increase in buyers who are willing to purchase fixer-uppers, explore unconventional financing or accept high mortgage rates despite long-term financial concerns. Many first-time homebuyers are stretching their finances to the limit.

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Debt-to-income ratio Loan Officer Marketing Loans 286

Housing Wire

APRIL 18, 2025

The company analyzed a portfolio of residential , commercial and business-purpose loans totaling approximately $80 billion. of these transactions contained issues that could lead to fraud, with each problematic loan averaging 2.5 It found that 46.8% errors the highest number on record.

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Title Closing Commercial Loans 346

Housing Wire

DECEMBER 4, 2024

Connie Lindsay “Having cultivated a deep understanding of the mortgage industry over her years in the business, Connie brings a wealth of expertise and a proven track record of success,” Kamien said in a statement. “I am excited to join Rate at such a pivotal time for the mortgage industry,” Lindsay said.

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Lending Mortgages Loan Officer Loans 384

Real Estate News

JUNE 13, 2025

Skip to Content Agents Brokerages MLS/Assn Tech Industry By the Numbers Consumer Shutterstock Industry Startup aims to bring assumable mortgages to the masses Could a new market emerge around homebuyers taking over a seller’s existing low interest rate loan? One proptech veteran thinks so. "It was almost shocking."

Mortgages 282

Mortgages MLS Loans Finance 282

Housing Wire

NOVEMBER 4, 2024

Global credit rating agency Morningstar DBRS last week assigned a “good” rating to reverse mortgage industry leader Finance of America (FOA), confirming the ranking the company was assigned this past summer ahead of its earnings call this week. The rating is officially classified as “MOR RVO2” by Morningstar.

Loans 383

Loans Finance Equity Residential 383

Housing Wire

NOVEMBER 1, 2024

In the newest episode of the HousingWire Daily podcast , host Sarah Wheeler sits down with Freddie Mac ’s Sonu Mittal — the agency’s senior vice president and head of single-family acquisitions — to explore its recently announced alternative to loan repurchases , as well as appraisal waivers and how they address lender pain points in 2024.

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Loans Principal Finance Closing 378

Housing Wire

JANUARY 8, 2025

It includes Bayview and three of its affiliates, Lakeview Loan Servicing , Community Loan Servicing and Pingora Holdings. mortgage servicer as of September 2024, with an owned portfolio of $728 billion, per Inside Mortgage Finance. Lakeview was the third-largest U.S.

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Staging Loans Mortgages Banks 396

Housing Wire

JANUARY 24, 2025

There were a total of 298 consumer complaints submitted to the Consumer Financial Protection Bureau (CFPB) in 2024 that were related to the reverse mortgage industry, according to a database maintained by the bureau. About 13% of all complaints were related to applying for a loan or refinancing an existing one.

Mortgages 394

Mortgages Bankruptcy Short sale Loans 394

Housing Wire

MAY 19, 2025

Gregory Tsang is the Chief Executive Officer and co-founder of eRESI , a Non-QM correspondent whole loan investor offering both Delegated and Non-Delegated options. The partnership was instrumental in strengthening our foundation and creating an industry-leading platform to serve our clients.

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Lending Loans Due diligence Investor 201

Housing Wire

OCTOBER 23, 2024

Even as artificial intelligence (AI) becomes more prominent in the mortgage industry, most millennial and Generation Z homebuyers are hesitant to rely solely on a fully automated application process to get a loan, according to a new study. About 58% of respondents still relied on loan officers to guide them through the process.

Mortgages 431

Mortgages Loan Officer Loans Technology 431

Housing Wire

NOVEMBER 4, 2024

As real estate practitioners adjust to the practice changes that took effect in August, and the industry waits for final approval of the NAR settlement from the court in November, questions continue about seller offers of compensation. These are the questions that advocates who want to upend the real estate industry further cannot answer.

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Debt-to-income ratio Agents VA loan MLS 305