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. In particular it’s created a glut of 30-plus-year-old units on the market, with few takers. PST on Oct. 31 or they’ll be declined.

Mortgages 524

Mortgages Marketing Lending Finance 524

Housing Wire

MARCH 3, 2025

Introduction As part of our ongoing discussion on the concept of movement in the mortgage industry, it is readily apparent that the failure of mortgage companies to pivot or tweak their business models to satisfy changing market and other conditions has resulted in consolidation based on liquidity, buyback, financial and other concerns.

Purchase and sale agreement 409

Purchase and sale agreement Closing Industrial Mortgages 409

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. Peter Sciandra, who serves as EVP of reverse lending secondary marketing at Fairway Independent Mortgage Corp. I think that’s true from an industry standpoint.

Industrial 392

Industrial Mortgages Principal Lending 392

Housing Wire

APRIL 22, 2025

Purchase loans are now outpacing refinances, and interest rates are reaching the stratosphere. However, one mortgage company is in a prime position to transform the market and deliver value to mortgage professionals. NEO Powered by Better wants to revolutionize the mortgage market. The goal is simple yet profound.

Lending 369

Lending Loans Mortgages Technology 369

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.

Technology 440

Technology Industrial Mortgages Development 440

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.

Loans 392

Loans Mortgages Technology Development 392

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.

Loans 365

Loans Banks Mortgages Industrial 365

Housing Wire

JUNE 2, 2025

HousingWires Marketing Leaders award celebrates the most creative and influential marketing minds of the housing economy. By combining data, technology, and creative strategy, theyre transforming how the industry communicates, competes and grows. This year 55 honorees were selected. Congratulations to this year’s winners.

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Marketing HR Branding Brokerage 384

Housing Wire

MAY 13, 2025

Lets be real: the real estate industry is changing. Yes, they want great service, excellent marketing, negotiating a great price and sound guidance on the transaction.However, what they NEED is a lot more than that. Understanding todays market challenges 1. The days of surviving on transactions alone are gone.

Industrial 360

Industrial Mortgages Technology Equity 360

Housing Wire

FEBRUARY 6, 2025

Describing the modern-day mortgage market as challenging would be an understatement, to say the least. The average rate throughout 2024 for 30-year fixed mortgages was 6.72% higher than it was during the 2008 market crash. It reflects another pressing issue of imbalanced supply and demand in the housing market.

Loans 343

Loans Mortgages Equity Construction 343

Housing Wire

MAY 28, 2025

The 5/1 option provides a fixed interest rate for the first five years, after which the rate adjusts annually based on market conditions. ARMs typically gain market share when rates are elevated, as borrowers can access lower initial rates compared to traditional fixed-rate mortgages. FHA loan rates averaged 6.68%.

VA loan 362

VA loan Loans FHA loan Fixed-rate mortgage 362

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 329

Housing Wire

OCTOBER 15, 2024

In the newest episode of the PowerHouse podcast, HousingWire CEO Clayton Collins sits down with Greg Schwartz, CEO of Tomo , to discuss market recovery indicators and Tomo’s recent investments in artificial intelligence (AI). As such, Tomo’s priority goes beyond merely driving loan volume. “It

Loans 251

Loans Marketing Technology Mortgages 251

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 351

Loans Construction Finance Mortgages 351

Housing Wire

NOVEMBER 20, 2024

Mortgage professionals must keep up with the new demand for home equity products in the new market. HousingWire: How did you get into Finance of America and the industry? JS: The home equity wealth of our senior homeowners now exceeds 14 trillion, reflecting a growing market. Also, many loan originators go against the grain.

Equity 370

Equity Finance Marketing Lending 370

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.

Industrial 392

Industrial Mortgages Branding Loans 392

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.

Industrial 329

Industrial Mortgages Loan Officer Loans 329

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.

Loan Officer 243

Loan Officer Loans Mortgages Industrial 243

Housing Wire

OCTOBER 18, 2024

As mortgage rates fluctuate based on decreasing housing inventory volume, the appraisal market is more volatile than ever in key areas such as urban and rural communities states like California and Texas. Jaro stands tall as the only end-to-end appraisal platform on the market. This trend had a profound impact on the housing market.

Inspection 440

Inspection Marketing Design Technology 440

Housing Wire

NOVEMBER 8, 2024

Sean Shallis, a “Recovering Realtor” and top-producing loan officer , is offering strategies to help realtors break through this stagnation by leveraging micro-market shifts to create urgency and inspire action. Leveraging micro-market shifts Realtors have an opportunity to use local market changes to drive urgency for their clients.

Marketing 370

Marketing Loan Officer Equity Loans 370

Housing Wire

MARCH 21, 2025

housing market remains challenging for prospective buyers as concerns over mortgage rates , home prices and affordability persist in 2025. I believe the concerns for the market at this point are dramatically related to geographics. Jones, a Colorado-based LO for Lower -backed Universal Lending Home Loans.

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Debt-to-income ratio Loan Officer Marketing Loans 335

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. Industry reactions Industry reactions to the documents provisions were mixed. 31, the circular explained.

Industrial 312

Industrial Mortgages VA loan Loans 312

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.

Equity 341

Equity Loans Mortgages Finance 341

Housing Wire

MARCH 14, 2025

Our mortgage industry is experiencing a fundamental shift. Traditional loan officers who focus solely on transactions are being replaced by mortgage professionals who act as financial strategists, long-term advisors, and educators. Heres how the mortgage industry is changing and what loan officers must do to thrive.

Mortgages 363

Mortgages Loan Officer Marketing Loans 363

Housing Wire

APRIL 28, 2025

During last week’s earnings call, PennyMac Financial Services chairman and CEO David Spector said during a Q&A with investors and analysts that the company’s goals include continued growth in its broker direct channel and 10% market share by the end of 2026 a goal of more than 100% growth over the next 18 months.

Marketing 403

Marketing Principal Loans Mortgages 403

Housing Wire

MAY 29, 2025

What happens when competitors pursue scale in a static yet strategically important market? The answer lies in a remote corner of the mortgage industry: subservicing. Indeed, the total residential subservicing market declined to $3.96 including affiliated Rushmore Loan Management Services ) and Flagstar s servicing assets.

Mortgages 413

Mortgages Loans Banks Industrial 413

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 329

Loans Loan Officer Finance Brokerage 329

Housing Wire

NOVEMBER 4, 2024

The third party origination (TPO) division of Rocket Mortgage on Monday announced the rollout of its latest product, 24 Takeoff, which allows mortgage broker partners to receive a 24 basis point credit on all eligible loans until Nov. 29, which gave borrowers a 75-basis-point rate cut on various refinancing options.

FHA loan 370

FHA loan Mortgages Marketing Loans 370

Housing Wire

APRIL 3, 2025

While the Redfin acquisition (still pending close) was a clear push into the purchase market, the Mr. Cooper acquisition is about scale, servicing, and customer lifecycle retention. And thats before Rocket even leans into marketing. [3:45] Mr. Cooper services a vast portfolio, including loans originated by top competitors.

Industrial 270

Industrial Mortgages Loans Closing 270

Housing Wire

FEBRUARY 6, 2025

Multistate mortgage lender Click n’ Close on Thursday announced that it’s adding a 30-year, fixed-rate conventional loan option to its SmartBuy Shared Appreciation Mortgage (SAM) program. SAM loans grant the lender a share of the home’s future appreciation in exchange for a lower interest rate.

Loans 295

Loans Closing Mortgages Technology 295

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.

VA loan 461

VA loan Loan Officer Loans Lending 461

Housing Wire

APRIL 10, 2025

Volatility is becoming the new norm in today’s commercial real estate market. To help investors survive uncertain times, professionals must understand market trends and develop a game plan for success. His words contain valuable knowledge that investors need to thrive in this market. A change is needed.

Investor 461

Investor Commercial Finance Technology 461

Housing Wire

MAY 1, 2025

Industry debate around off-market listings or pocket listings has become increasingly heated. For Willoughby, founder of The Jaymes Willoughby Team with Keller Williams Realty , off-market listings are a gamble that rarely pays off for sellers. Youre artificially limiting your market. Hidden gem or missed opportunity?

Agents 407

Agents Marketing MLS FHA loan 407

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. Co-founded in 2019 alongside President Tim Wang, eRESI was created to deliver consistent, long-term capital to support the growing Non-QM market.

Lending 221

Lending Loans Due diligence Investor 221

Housing Wire

JUNE 13, 2025

While these borrowers may follow a less traditional route, they play an essential role in the diversity and strength of the housing market. Indeed, it bears highlighting that the Non-QM market is increasingly critical to helping specific segments of the population who do not fit the conventional “box” achieve the American Dream.

Due diligence 439

Due diligence Lending Investor Loans 439

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. Tuesdays] FHA action acknowledges that the market has normalized and seeks to balance homeowner hardship relief with an FHA MMI fund thats stable over the long-term.

Industrial 279

Industrial Mortgages Equity Banks 279

Housing Wire

MAY 22, 2025

The mortgage industry has undergone significant changes over the past few decades. This decoupling was initially driven by the desire for greater efficiency, specialization and the need to respond to growing regulatory and market pressures. One of the most notable has been the separation of origination from servicing.

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Loan Officer Loans Technology Mortgages 375