Housing Wire

SEPTEMBER 25, 2023

Equifax ‘s new product integration with the United Kingdom’s IRIS Software Group aims to cut down underwriting time for mortgage borrowers at small- and medium-sized businesses (SMBs). When a consumer applies for a home mortgage , auto loan or social service benefits, their employer is required to provide employment and income history.

HR

Housing Wire

MAY 25, 2022

Keller Mortgage , part of the kwx holding company, laid off operations positions in a conference call on Monday May 23, according to more than a dozen employees. Each pod has about 15 employees consisting of loan officers, processors, closers, underwriters, supervisors, and funders, according to multiple employees. .

Mortgages

Housing Wire

JULY 18, 2022

new jobs hiring, housing jobs, recruiting for mortgage industry. Based on the headlines, one might assume the mortgage business is a complete disaster. Some mortgage companies will merge to stay afloat, and many others will go under. Recruiting battles for LOs remain fierce, mortgage executives and LOs told HousingWire.

Mortgages

Housing Wire

SEPTEMBER 16, 2022

Department of Veterans Affairs mortgage loans. With the passage of HR 7735, known as the “Improving access to the VA home loan benefit Act of 2022,” the VA is now permitting desktop appraisals and in some circumstances, waiving appraisals altogether. The bill, introduced by Rep.

HR

Housing Wire

JUNE 16, 2023

A former CrossCountry Mortgage employee accused her immediate superior at a branch in Georgia of sexual harassment and said the mortgage company retaliated against her after she lodged complaints with the human resources department and federal authorities. District Court for the Northern District of Georgia, Atlanta Division.

HR

Housing Wire

JUNE 17, 2024

Dozens of former employees at Guaranteed Rate say the mortgage lender has fostered a toxic work environment — including verbal abuse, misogyny and bullying — amid the laser focus of its founder and CEO, Victor Ciardelli, on making money and growing the business, according to a report published Saturday by the Chicago Tribune.

HR

Housing Wire

JUNE 7, 2022

From mortgage origination to servicing, companies are constantly grappling with high volume and stringent regulatory oversight while managing a large cohort of vendor partners. Smaller mortgage originators often deal with this problem by throwing more people at it. We’re seeing mortgage executives and workers retiring at record rates.

Lending

Housing Wire

APRIL 5, 2024

This is according to an official log of the proposed bill, designated as House Resolution (HR) 7857 and which Fitzgerald is calling the “Accurate Credit Reporting for Homebuyers Act.” The FHFA’s proposal could be the obstacle that keeps borrowers from obtaining a mortgage if they have lower FICO scores but are otherwise credit-worthy.”

HR

Housing Wire

APRIL 26, 2023

Arizona-based lender On Q Financial will form a multi-partner mortgage banking joint venture with HomeCo Partners , a consortium of real estate brokerages and a builder, HousingWire has learned. Most recently, On Q Financial brought on former employees from Celebrity Home Loans.

HR

Housing Wire

SEPTEMBER 1, 2021

United Wholesale Mortgage. First Guaranty Mortgage Corporation. First American Mortgage Solutions. DHI Mortgage Company. American Mortgage Network. First Community Mortgage. Embrace Home Loans. HR Director. Freedom Mortgage. Academy Mortgage Corporation. First Option Mortgage.

HR

Housing Wire

FEBRUARY 26, 2021

Looking back to 2020, Truework’s verification experts saw an enormous spike in fraud—a notable case being the rise of income misrepresentation on TPO loans in Southern California last fall. This can be attributed to increasing mortgage applications and refinances due to COVID-19 and low interest rates.

HR

Housing Wire

MAY 23, 2024

Bettios has been at NFM Lending for seven years and previously worked at US Bank Home Mortgages and First American Mortgage Solutions. Sarah Wheeler: You’ve been on different sides of the mortgage transaction. And we have 500 loan officers that are on the street every day and I can always go to them for ideas.

Loan Officer

Housing Wire

FEBRUARY 15, 2022

government, insurance companies and financial institutions as well as asset-backed security issuances and transactions in the private-label residential mortgage-backed securities (MBS) sector. HR Ratings de Mexico and Japan Credit Rating Agency Ltd. first-lien mortgages on residential properties.” billion — or 68.1%

Residential

HomeLight

AUGUST 16, 2021

The mortgage loan process is pretty messy! We’ve made it easy by giving you a detailed checklist of key documents you can expect to collect, see, or sign for your loan. We’ve made it easy by giving you a detailed checklist of key documents you can expect to collect, see, or sign for your loan. Loan application.

Loans

Afford Anything

JANUARY 25, 2021

George is torn between paying down his student loan debt (which he deferred) or buying a househack. I’m torn between paying down my student loan debt versus buying a househack. I have a total of $130,000 in federal student loans – $26,000 in my name, and $104,000 in my parents’ names. I don’t have any revolving debt.

Loans

HomeLight

MARCH 31, 2022

Potential homebuyers will need to budget for a down payment, closing costs, monthly mortgage payment, and that doesn’t even include the cost of utilities. With some loans requiring as little as 3% down, the initial down payment on the average home could be around $16,300. Second mortgage. Forgivable second mortgage.

Closing costs

HomeLight

MAY 27, 2021

Some relocation packages offer a relocation mortgage , a loan that allows your employer to make financial contributions to your mortgage in various ways. Some employers may offer a bridge loan , which helps to ease the financial burden if your former home is still on the market after you’ve departed.

HR

Afford Anything

AUGUST 13, 2020

They also have student loan debt and a car loan. Tracie wants to buy her first rental property, but she has student loans and a car loan to pay off. We owe $10,000 on student loan debt and we have a $2,000 car loan payment. I have a mortgage balance of $126,000 on a condo close to Boston, MA.

HR

Afford Anything

APRIL 7, 2021

Should they pay off their student loans, save it towards a house and starting a family, or purchase her company stock options? My only debt is my mortgage, which is $76,000 at a fixed 4.125 percent interest rate. If I move, I’m required to pay a prorated portion of the grant back, and I can’t refinance my mortgage. to 4 percent.

HR

Afford Anything

JANUARY 10, 2022

We have two mortgages, with one being a rental home, and we have a car loan at just 1.9%. Gusto makes payroll, benefits, and HR easy for modern small businesses. We are also saving $24,000 a year towards our next investment, which might be another rental home or starting a business. I also have about $40,000 in an old 403b.

HR

Housing Wire

AUGUST 21, 2023

Ohio-based lender Union Home Mortgage denied sex discrimination claims made by a former employee whose employment was terminated while she was pregnant. Martin was a loan officer assistant at UHM from March 1, 2021 until “the unlawful termination” on August 11, 2022, according to the suit. UHM originated $1.75 UHM originated $1.75

Loan Officer

Housing Wire

MARCH 21, 2024

Rising costs “The 30-year fixed mortgage has increased over 100%, doubled, since 2020,” Davidson said. The first is HR 7480, known as the Disabled Veterans Housing Support Act, sponsored by Rep. The third bill, HR 5837, known as the Protecting America’s Property Rights Act, is sponsored by Rep. Monica De La Cruz (R-Texas).

HR

Housing Wire

DECEMBER 20, 2022

Department of Veterans Affairs (VA) mortgage loans. With the passage of HR 7735, known as the “Improving access to the VA home loan benefit Act of 2022,” the VA is now permitting desktop appraisals, and in some circumstances, waiving appraisals altogether. It is expected to be signed by President Joe Biden.

HR

Housing Wire

NOVEMBER 30, 2023

Business Ebooks by Industry Experts, Career Resources, Downloadable Resources, Digital Flashcards, Real Estate Glossary & Study Schedule Standard: All Basic Features + Exam Prep Edge (National and Ohio) and Pass Guarantee Value: All Standard Features + Business Building Courses Premium: All Value Features + The CE Shop 20-Hr.

Pre-approval

Afford Anything

JANUARY 11, 2022

She’s torn between paying off her student loans ($30,000) or investing the money. My husband is a real estate agent, and I am a loan processor for a private mortgage company. Currently, the only debt we have is our house, our cars and my student loans. My student loans are about $30,000 at 6% interest.

HR

Notorious ROB

DECEMBER 19, 2022

Rocket Mortgage Acquires Redfin. To be fair, there were a number of big announcements, but the one I honed in on was this one: We plan to overhaul our current mortgage funnels away from third-party lead generation and toward Zillow Home Loans , and bolster our loan officers’ tools and capabilities to help the customers who come their way.

MLS

Housing Wire

MAY 30, 2025

A key decision maker in the federal housing apparatus, the director of the Federal Housing Finance Agency (FHFA) oversees the regulator of the government-sponsored enterprises (GSEs) and the Federal Home Loan Banks. He quickly pledged to scrutinize the GSEs by calling them underperforming , and to root out mortgage fraud.

HR

Housing Wire

JANUARY 3, 2023

When it comes to offering an opinion of ‘good or bad’ on HR 7735 — the VA modernization bill — and its ultimate ability to create a better appraisal process for veteran and active duty borrowers, it’s simply too early to tell with too little information being shared on exactly what changes we should expect.

VA loan