Housing Wire

AUGUST 13, 2024

The Consumer Financial Protection Bureau (CFPB) on Tuesday released an advisory opinion stating that contracts for deed are under federal home lending rules and should provide consumer protections. Mancini – who is testifying during a CFPB field hearing on land contracts on Tuesday in St. among subprime loans.

Mortgages 468

Mortgages Land Lending Finance 468

Housing Wire

JANUARY 4, 2023

More than 160 employees from the now-shuttered Finance of America Mortgage have landed at Go Mortgage , a Columbus, Ohio-based lender. When Finance of America announced their closure, we started searching around,” Reich said. ” .

Mortgages 502

Mortgages FHA loan Loan Officer Construction 502

Housing Wire

FEBRUARY 7, 2024

The Underserved Mortgage Markets Coalition (UMMC), a coalition of 32 housing groups initially convened by the Lincoln Institute of Land Policy , published a report on Wednesday that recommended actions for the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac. mortgage finance system. mortgage finance system.

Land lease 441

Land lease Land Lending Finance 441

Housing Wire

APRIL 5, 2022

Actual” real estate is defined as property consisting of land or buildings, and everything that is permanently attached to the land. Its boundaries can be shown on a land survey and ownership is vetted through a physical deed in the jurisdiction, where the physical real estate is located. Lending is lending.

Mortgages 531

Mortgages Lending Land Loans 531

Housing Wire

MARCH 28, 2024

The result is that safe and affordable financing is out of reach for tens of thousands of credit-ready homebuyers looking to purchase a manufactured home. Demand for home-only financing is strong; in 2019, there were more than 200,000 home-only loan applications. The home-only lending market presents several major opportunities.

Title 460

Title Finance Lending Loans 460

Housing Wire

NOVEMBER 9, 2020

In an online event on Monday, Qualia and its partners discussed the ever-changing world of technology in real estate, mortgage, and title lending and what lies ahead in 2021. We’re really trying to make all title lending folks stay engaged with customers – through technology – the best that they can,” Tomb said.

Title 493

Title Technology Lending Land 493

Housing Wire

FEBRUARY 25, 2025

With nearly three decades of experience in real estate and investing, Ive worked with hard money lenders to secure financing for everything from simple fix-and-flip projects to multi-million-dollar apartment building rehabs. Constitution Lending prides itself on helping investors kick off their projects.

Hard money loan 368

Hard money loan Loans Investor Lending 368

Housing Wire

JANUARY 6, 2022

The government-sponsored enterprises must do this by setting a plan every three years, dubbed Duty to Serve, that provides lending liquidity and preservation goals for manufactured, rural, and affordable housing. The proposals, they wrote in a letter, did not meet the “spirit or the letter” of the Duty to Serve regulation.

Land 525

Land Loans Title Lending 525

Housing Wire

JUNE 28, 2024

The Federal Housing Finance Agency (FHFA) on Thursday named the inaugural members of its newly created advisory committee on affordable, equitable and sustainable housing. The FHFA began soliciting applications for the committee in September 2023.

Lending 403

Lending Principal Finance Land 403

Housing Wire

JULY 19, 2022

The Department of Housing and Urban Development said it is “looking very hard” at how to make it easier to finance small-dollar mortgages, but has yet to spell out how it will accomplish that goal. Industry practitioners have some ideas for how HUD might make financing such loans more feasible.

Mortgages 388

Mortgages Lending Finance Loans 388

Housing Wire

OCTOBER 4, 2022

Head of Neighborhood and Community Lending. Senior Executive Vice President, President of Residential Servicing and Correspondent Lending. Housing Finance Strategies. Supreme Lending. Head of Home Lending. Planet Home Lending. Finance of America Mortgage. Executive Vice President of Retail Lending.

Lending 417

Lending Technology Finance Mortgages 417

Housing Wire

AUGUST 4, 2021

Louis-headquartered lending operation following a long career at Wells Fargo , the top depository bank by mortgage origination volume in the U.S. Russell also landed at Citi, where he is now head of direct-to-consumer sales (Sheth landed at U.S. Bryant comes to the St. Bryant announced her resignation from Wells Fargo in March.

Mortgages 417

Mortgages Banks Land Lending 417

Housing Wire

APRIL 14, 2022

Consolidation in the mortgage industry is likely in 2022, analysts and lending executives said. “I had not done first mortgage lending before, but I was familiar with the basics of real estate lending. “I had not done first mortgage lending before, but I was familiar with the basics of real estate lending.

Mortgages 525

Mortgages Marketing Lending Loans 525

Housing Wire

AUGUST 2, 2021

More than just breaking records in the housing finance space, the HousingWire 2021 Women of Influence are shattering glass ceilings and leaving a legacy for years to come. Finance of America Reverse. Aslan Home Lending Corporation. JMAC Lending. Synergy One Lending. SVP, Correspondent Lending. Angela Dunham.

Title 403

Title Lending Finance Technology 403

Housing Wire

MAY 8, 2023

The special purpose credit program is an extension of the government sponsored enterprise’s equitable housing finance plan. Freddie Mac’s DPA One, a down payment assistance digital platform, will also be made available broadly this year and complements Freddie Mac’s SPCP efforts.

Debt-to-income ratio 417

Debt-to-income ratio Closing costs Finance Lending 417

Housing Wire

OCTOBER 28, 2022

Speakers: Carrie Gusmus, President, CEO, Aslan Home Lending AJ Barkley, head of Neighborhood and Community, Lending Bank of America Charmaine Brown, Vice President of Diversity, Equity, and Inclusion, Finance of America Companies Courtney Graham, Chief Marketing Officer and Chief People Officer, Princeton Mortgage.

Title 417

Title Lending Finance Technology 417

Housing Wire

SEPTEMBER 8, 2022

Fiercer competition in the wholesale channel spurred United Wholesale Mortgage (UWM) to increase the ceiling on conforming loans on Wednesday, ahead of the Federal Housing Finance Agency’s (FHFA) decision in November. How can brokers get ahead in a tight market?

Loans 388

Loans Lending Land Finance 388

Housing Wire

SEPTEMBER 10, 2024

DDAs are areas with high construction , land and utility costs when compared to an area’s median gross income (AMGI). Other variations of the data are also available at a dedicated landing page. The parameters were published in the Federal Register on Monday.

Land 441

Land Development Design Construction 441

Housing Wire

OCTOBER 11, 2022

Mortgage Coach’s side-by-side loan comparisons targets to have borrowers make faster, more informed mortgage decisions while enabling lenders to consistently deliver a consultative home financing experience that increases borrower pull-through, repeat business and referrals.

Mortgages 403

Mortgages Loan Officer Loans MLS 403

Housing Wire

AUGUST 3, 2023

Those include material shortages (such as a current lack of electrical transformers and the volatility of wood pricing) as well as shortages of skilled labor , zoning restrictions and available land. How are you going to build millions of homes if you can’t get the financing to develop the lots in the first place?” billion to $1.8

Land 370

Land Construction Development Finance 370

Housing Wire

AUGUST 14, 2020

“The undersigned organizations strongly urge the Federal Housing Finance Agency, which had to approve this policy, to withdraw this ill-timed, misguided directive.”.

Industrial 506

Industrial Mortgages Title Lending 506

Housing Wire

MARCH 31, 2021

The CFPB also rolled back leniency on reporting of certain information related to credit card and prepaid accounts under the Truth in Lending Act, Regulation Z, and Regulation E. The CFPB also now intends to take enforcement action against land developers subject to the Interstate Land Sales Full Disclosure Act under Regulation J.

Purchase and sale agreement 417

Purchase and sale agreement Loans Land Lending 417

Housing Wire

JULY 12, 2023

Pennington’s departure comes a few months after Brady Yeager , a mortgage executive with over 21 years in finance and mortgage lending roles, joined Movement as national sales director. Schoolfield and Shelton joined Movement in 2012, were promoted as divisional leaders in February 2021, and landed at Summit in July.

Sales 370

Sales Lending Loans Finance 370

Housing Wire

NOVEMBER 10, 2022

Altogether, the last time the Fed hammered inflation with a rise in lending rates, housing sales fell 49% from the peak in 1978 to the trough of 1982 before bouncing upward by 39% in 1983 over 1982’s low. Existing home sales hit 4 million units in 1978 for the first time. They fell by 25.3% from that level in 1980, fell another 18.8%

Mortgages 482

Mortgages Sales Lending Land 482

Housing Wire

NOVEMBER 30, 2022

Among this impressive list of submissions, companies like 2022 TECH100 honoree Voxtur are working to improve the entire lending lifecycle. As the American Land Title Association and some members of congress have taken a harsh stand against AOLs, how do you think this will impact the adoption and overall future of your AOL product?

Industrial 370

Industrial Title Lending Technology 370

Housing Wire

JANUARY 31, 2023

The right product mix When Finance of America Companies closed its forward mortgage origination unit in October, Steven Reich, a former COO at Finance of America Mortgage , and some branch managers wanted to stick together as a pack. Go [Mortgage] was on that list,” Reich said. They weren’t so small that they couldn’t handle us.”

Loans 403

Loans Mortgages Loan Officer Pre-approval 403

Housing Wire

OCTOBER 16, 2023

Housing trade groups urged Fed Chair Jerome Powell to make two clear statements — that the Fed does not contemplate further rate hikes, and the Fed will not sell off any of its MBS holdings until and unless the housing finance market has stabilized and mortgage-to-Treasury spreads have normalized. Not just mortgages, but servicing.

Banks 430

Banks Fixed-rate mortgage Lending Mortgages 430

Housing Wire

AUGUST 8, 2024

“Incomes, wealth, life events, mortgage rates all play a role in determining housing demand, while on the supply side we have land costs, government regulations in terms of zoning rules, geographic constraints to building and builder financing costs,” Divounguy added. “So,

Debt-to-income ratio 475

Debt-to-income ratio Marketing Mortgages Days on market 475

Housing Wire

OCTOBER 2, 2023

Rocket Pro TPO , the wholesale arm of Rocket Mortgage , on Monday raised agency conforming loan limits to $750,000, ahead of the Federal Housing Finance Agency’s (FHFA) decision expected in November. Companies are pressured to launch new initiatives to attract brokers and land more purchase businesses due to high mortgage rates.

Loans 441

Loans Mortgages Finance Land 441

Housing Wire

FEBRUARY 27, 2024

In the early 20th century, Black Americans faced significant barriers to homeownership, including racial segregation, discriminatory lending practices, and exclusionary covenants that prevented them from buying homes in certain neighborhoods. might avoid a recession in 2024, or at least experience a soft landing.

Banks 441

Banks Loans Land Commercial 441

Housing Wire

OCTOBER 19, 2023

By doing a cash-out refi, she landed a $340,000 FHA loan and locked in a 6.9% Some borrowers are handcuffed from negotiating a HELOC – the product typically requires a higher credit score – or other type of secondary lending, and are often left with no other option but to refinance. mortgage rate at the end of August. “At

Mortgages 488

Mortgages FHA loan Equity Loans 488

Housing Wire

MARCH 11, 2024

What happened There are so many reasons that homeowners may seek out a reverse mortgage: funding retirement , sending kids to college, financing large purchases during retirement and the list goes on. In both forward and reverse lending, it’s common to have first-time borrowers that need to learn about the process they’re going through.

Industrial 468

Industrial Mortgages Loans Lending 468

Housing Wire

MARCH 1, 2022

In eOriginal’s 2020 Tech100 nomination, the company boasted about the efficiency their ClosingCenter product brought to mortgage lending clients; Fairway achieved 80% faster mortgage acceptance by secondary market investors and also realized a 90% reduction in interest expenses to warehouse lenders for mortgages closed using ClosingCenter.

Technology 388

Technology Brokerage Lending Mortgages 388

Housing Wire

OCTOBER 5, 2023

Lax lending standards and cheap credit, plus a popular belief that real estate values never decline, created a massive bubble. residential market becomes a relatively safer landing spot for investment. Like a slow-motion train wreck at first, it is now definitively off the rails and heading over a cliff. in 2008 and 2009.

Marketing 441

Marketing Residential Investor New Construction 441

Realty Biz

FEBRUARY 19, 2024

Buying land represents a pivotal investment in one's future. However, the process involves intricate steps, from understanding zoning laws to securing financing and conducting due diligence. Each stage demands careful consideration to avoid common pitfalls and ensure the land meets your long-term objectives.

Land 128

Land Due diligence Title search Finance 128

Housing Wire

MAY 7, 2025

These real estate memes poke a bit of fun at the quirks that come with working with sellers and a few that are great for landing some listings. Competition is fierce Source: Pinterest Memes for financing a home One of the most important networking you can do as a real estate agent is to land a few solid relationships with mortgage lenders.

Marketing 264

Marketing Branding Investor Proof of funds 264

Rochester Real Estate

NOVEMBER 5, 2015

What To Expect From Your Listing Agent Why For Sale By Owners (FSBOs) Fail Blog Featured Articles Home Buying Home Selling LOCAL Rochester NY Articles 6 Things You Should Know About Buying Land Kyle Hiscock Kyle Hiscock | Greater Rochester NY Real Estate | Pittsford NY Realtor at RE/MAX Realty Group Have questions about buying or selling a home?

Land 52

Land Construction Loans Finance 52