Housing Wire

APRIL 22, 2025

Purchase loans are now outpacing refinances, and interest rates are reaching the stratosphere. In this executive interview, NEO Home Loans President Ryan Grant discusses the company’s partnership with Better Mortgage , which is aimed at combining technological innovation and local market knowledge. Now they dont have to.

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Lending Loans Mortgages Technology 364

Housing Wire

DECEMBER 27, 2024

That was a repeated idea shared by a group of reverse mortgage professionals when asked to assess what they see as the biggest industry challenges of the year. But despite challenges posed by rates, industry professionals continue to find a way forward. I think that’s true from an industry standpoint.

Industrial 384

Industrial Mortgages Principal Lending 384

Housing Wire

OCTOBER 28, 2024

The Loan Store — a wholesale lender based in Arizona — will now use the Gateless Smart Underwrite platform, according to a recent announcement. The artificial intelligence-based platform, the latest addition to the Gateless AI mortgage tool suite, aims to enhance The Loan Store’s underwriting capabilities.

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Loans Mortgages Technology Development 384

Housing Wire

OCTOBER 27, 2024

The mortgage industry has long been promised a technological revolution to streamline workflows, reduce operational costs, and enhance efficiency. Yet, despite significant investments in new technologies, the cost to originate loans has dramatically increased. Continuous improvement and updates keep systems relevant and effective.

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Technology Industrial Mortgages Development 420

Housing Wire

APRIL 17, 2025

Independent mortgage banks ( IMBs ) and mortgage subsidiaries of chartered banks reported an average profit of $443 on each loan they originated in 2024, up from an average loss of $1,056 per loan in 2023, according to the Mortgage Bankers Association (MBA)’s annual Mortgage Bankers Performance Report.

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Loans Banks Mortgages Industrial 353

Housing Wire

DECEMBER 20, 2024

The state of leadership in the mortgage industry When people say, Theres no such thing as a perfect company, are they really acknowledging an inherentflaw or are they feeling the void left by inadequate leadership? Four months later, the branch was still struggling, and worse, my top loan officer now the branch manager quit.

Industrial 376

Industrial Loan Officer Mortgages Development 376

Housing Wire

DECEMBER 2, 2024

Movement is constant in the mortgage industry. Understanding what rights the departing employee may have in a loan pipeline, customer lists, or referral arrangements can avoid costly legal battles that significantly impair the value of any new opportunities. Likewise, retention of key talent and executives must be addressed.

Industrial 384

Industrial Mortgages Branding Loans 384

Housing Wire

MAY 13, 2025

Lets be real: the real estate industry is changing. Industry trends show that homeowners locked into sub-3% mortgage rates find it difficult to justify moving when current rates hover around 6.5% Additionally, increasing credit card debt, student loans, and high living costs make upgrading homes financially challenging.

Industrial 337

Industrial Mortgages Technology Equity 337

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.

Industrial 252

Industrial MLS Loan Officer Lending 252

Housing Wire

JANUARY 30, 2025

Sage Home Loans Corp. “We are thrilled to welcome Bijoy John as the new Senior VP of Marketing at Sage Home Loans Corporation,” Sage Home Loans’ CEO Mike Malloy said in an email. Sage Homes Loans is based in Fort Mill, South Carolina. John will reportedly focus on leading borrower retention efforts.

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Loans Marketing Lending Banks 341

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. Abt, who has extensive experience in the mortgage industry, will oversee operations in the Albuquerque and Carlsbad markets.

Loans 317

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

MARCH 25, 2025

What’s the deal with all the discussion across the lending community about the fluctuation of the loan officer population recently? There have been social media posts and editorials debating the current total number of loan officers, whether the population has decreased, and if so, by how much.

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Loan Officer Loans Mortgages Industrial 207

Housing Wire

MAY 9, 2025

The expense associated with originating mortgage loans has been escalating, with the current average cost approximating $11,600 per loan. In this article, we delve into its application to elucidate how intelligent automation can enhance efficiency and cost-effectiveness within the loan origination process.

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Loan Officer Loans Agents Lending 260

Housing Wire

MAY 28, 2025

FHA loan rates averaged 6.68%. According to industry experts , most borrowers can shave at least 50 basis points off their rate compared to a conventional fixed mortgage by choosing an ARM. ARMs typically gain market share when rates are elevated, as borrowers can access lower initial rates compared to traditional fixed-rate mortgages.

VA loan 291

VA loan Loans FHA loan Fixed-rate mortgage 291

Housing Wire

APRIL 11, 2025

The regulation was the target of criticism from the mortgage industry. Industry response Mortgage trade groups applauded the freeze on the nonbank registry rule. The NMLS MU1 forms already require IMBs to disclose all state or federal regulatory actions as well as certain court actions from the past 10 years.

Industrial 273

Industrial Banks Mortgages Residential 273

Housing Wire

MARCH 10, 2025

A reverse mortgage-related bill that was introduced in the Maryland state Senate that would have put the onus on lenders to cover some extra expenses tied to the Home Equity Conversion Mortgage ( HECM ) origination process has been withdrawn by the sponsoring senator after conversations with reverse mortgage industry representatives.

Industrial 275

Industrial Mortgages Equity Loans 275

Housing Wire

JUNE 4, 2025

As borrower expectations for personalized, timely communication rise, loan officers are turning to AI-powered tools to stay competitive. He emphasizes that embracing automation today is key to thriving in an industry that is evolving faster than ever. Loan officers realize margins are too tight to treat prospects as one-time deals.

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Industrial Mortgages Loan Officer Loans 264

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

JUNE 10, 2025

Rocket Pro is partnering with Vetted VA , which provides education to veterans and training to loan officers to give veterans better access to home loan benefits. “They know more about VA loans than anybody else,” Sweeney told HousingWire in an interview. That was a lot for loan officers.

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VA loan Loan Officer Loans Lending 440

Housing Wire

APRIL 24, 2025

Servicers must report the completion status of TPPs in the VA Loan Electronic Reporting Interface (VALERI) by Aug. Industry reactions Industry reactions to the documents provisions were mixed. 31, the circular explained.

Industrial 252

Industrial Mortgages VA loan Loans 252

Housing Wire

APRIL 17, 2025

Housing industry pros are largely supportive of the raft of changes the Federal Housing Administration made related to the COVID-19 era loss mitigation waterfall. When the cost of modifying mortgages is increased continuously, this serves to discourage lenders from making these kinds of loans in the first place, he added.

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Industrial Mortgages Equity Banks 267

Housing Wire

APRIL 3, 2025

3:45] Why It matters for the rest of the industry Two segments stand out in the episode: First, Kleimanns assessment of Rockets ability to execute on the end-to-end vision. Mr. Cooper services a vast portfolio, including loans originated by top competitors. And thats before Rocket even leans into marketing. [3:45]

Industrial 244

Industrial Mortgages Loans Closing 244

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.

Mortgages 352

Mortgages Loans Banks Industrial 352

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

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

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 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 9, 2025

For Ginnie Mae loans, which often serve lower-income and first-time borrowers, DTIs have surged to 45.1%, the highest since 2008 1. in 2022 – while auto loans delinquencies hit 2.0%, and student loan delinquencies (90+ days past due) soared to 20%, a level unseen since 2012. Post-crisis reforms lowered the average to 35.5%

Marketing 437

Marketing Debt-to-income ratio Fixed-rate mortgage Loans 437

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

JANUARY 23, 2025

billion in total or as much as $1,692 per loan. According to the release, Nigrinis and Zywicki analyzed how much widespread use of automated title risk assessments would lower consumer costs, promote greater transparency and increase industry competition. The pilot program is slated to run through May of 2026.

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Title Land Loans Closing costs 441

Housing Wire

OCTOBER 18, 2024

To open the conversation, Sanchez asks Jacobson to explain how Fairway harnesses the power of positive recommendations to boost production for the company’s loan officers. He explains that speed and customer service rule every aspect of business, including the mortgage industry. As consumers, we expect instant everything.

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As-is Loan Officer Loans Mortgages 419

Housing Wire

JANUARY 2, 2025

to 2,392 loans for the month, according to data compiled by Reverse Market Insight (RMI). But after additional data about the month of October was released, one metric of reverse mortgage industry performance HECM case number assignments from the Federal Housing Administration (FHA) saw a surprising increase at that time.

Mortgages 393

Mortgages Equity Principal Loans 393

Housing Wire

JANUARY 3, 2025

Reverse mortgage professionals made more inroads into the forward mortgage industry in 2024. Continuing this momentum into 2025 is a priority for many in the reverse mortgage space, according to conversations with leaders at various industry lenders. One key is to bolster connections between a companys forward and reverse divisions.

Mortgages 397

Mortgages Lending Loan Officer Loans 397

Housing Wire

JUNE 13, 2025

This is because traditional income verification requirements for government or government-sponsored loans, including those from Fannie, Freddie , or Ginnie Mae , may not be applicable. Additionally, third-party due diligence is conducted on 100% of the securitized loans, utilizing firms that have been reviewed and approved by S&P.

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Due diligence Lending Investor Loans 416

Housing Wire

NOVEMBER 13, 2024

In a new episode of “The Loan Officer Podcast,” host Dustin Owen chats with John Cornish of Iowa-based Key Mortgage Group about his path into the industry, tips for scaling a mortgage lending business and how to avoid stagnation as a loan originator. This interview has been edited for length and clarity.

Mortgages 370

Mortgages Sales Loan Officer Lending 370

Housing Wire

MAY 22, 2025

The mortgage industry has undergone significant changes over the past few decades. However, recent technological advances, especially in artificial intelligence (AI), are prompting many in the industry to reconsider this dividing wall. One of the most notable has been the separation of origination from servicing.

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Loan Officer Loans Technology Mortgages 335