Housing Wire

APRIL 24, 2025

Industry reactions Industry reactions to the documents provisions were mixed. When news of VASPs discontinuation was reported earlier this month, the Mortgage Bankers Association (MBA) came to the programs defense.

Industrial 295

Industrial Mortgages VA loan Loans 295

Housing Wire

APRIL 11, 2025

The regulation was the target of criticism from the mortgage industry. The main criticism from mortgage trade groups centered on what they characterized as the rules redundancy. Independent mortgage banks ( IMBs ) already report similar information through the Nationwide Multistate Licensing System and Registry (NMLS).

Industrial 345

Industrial Banks Mortgages Residential 345

Housing Wire

APRIL 22, 2025

Today’s mortgage lending environment is shifting rapidly. However, one mortgage company is in a prime position to transform the market and deliver value to mortgage professionals. However, one mortgage company is in a prime position to transform the market and deliver value to mortgage professionals.

Lending 369

Lending Loans Mortgages Technology 369

Housing Wire

APRIL 3, 2025

In mortgage finance and real estate , the only constant is change. From fluctuating interest rates and evolving regulations to technological disruptions and shifting consumer demands, mortgage leaders today face unprecedented volatility and complexity. This ongoing flux demands adaptive, resilient, and deeply principled leadership.

Mortgages 373

Mortgages Technology Industrial Finance 373

Housing Wire

JANUARY 3, 2025

Reverse mortgage professionals made more inroads into the forward mortgage industry in 2024. This happened through dedicated conversations, partnerships between reverse and forward mortgage companies, and expanded activities in reverse that stemmed from acquisitions and expansions of existing divisions.

Mortgages 418

Mortgages Lending Loan Officer Loans 418

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. It will also be available in four new states, bringing the total to 10 with more planned for 2025.

Mortgages 434

Mortgages Equity Loan Officer Loans 434

Housing Wire

APRIL 28, 2025

VantageScore credit score usage by the mortgage industry dropped in 2024, ahead of widespread changes expected in credit reporting in the coming years. The mortgage industry accounted for 1.2% But when considering only mortgage originations, the usage of the credit score surged by 166% in 2024, according to the data.

Mortgages 338

Mortgages Loans Banks Industrial 338

Housing Wire

APRIL 8, 2025

Fairway Independent Mortgage Corp. announced the incorporation of hybrid e-closings for reverse mortgages on Tuesday, aiming to incorporate its experience with the technology on the forward side of the mortgage business into its reverse mortgage division for the first time. Fairway Independent Mortgage Corp.

Closing 331

Closing Mortgages Lending Technology 331

Housing Wire

OCTOBER 18, 2024

Provident, run by the Pica family, is known in the industry for its conservative approach and sports a better-than-average delinquency rate in its servicing portfolio, so it’s perhaps not a huge surprise it would exit such a choppy space. Messages left with Provident were not immediately returned on Friday.

Mortgages 524

Mortgages Marketing Lending Finance 524

Housing Wire

OCTOBER 24, 2024

Fast-growing mortgage servicing platform Valon has secured $100 million in a Series C funding round, the company announced this week. It is utilizing a cross-selling strategy that offers additional products to its existing customers in an evolving mortgage landscape.

Mortgages 448

Mortgages Technology Equity Industrial 448

Housing Wire

JANUARY 8, 2025

California -based direct lender AmeriTrust Mortgage announced a new addition to its leadership team. The company welcomed veteran mortgage executive Jett Farrington this week as its new chief operating officer. Schoep told HousingWire that Farrington has a proven track record of leadership, expansion and mortgage industry expertise.

Mortgages 397

Mortgages Loans Industrial Banks 397

Housing Wire

MARCH 27, 2025

Self-branded “financial fitness” platform FinLocker announced Wednesday that it will cover 100% of the verification costs for mortgage borrowers who use lenders’ FinLocker-powered apps. The company calls the move an “industry-first initiative.” ” . ”

Mortgages 389

Mortgages Loan Officer Technology Loans 389

Housing Wire

DECEMBER 23, 2024

Over the past year, members of the reverse mortgage industry have been making a more concerted effort to connect with their counterparts in the forward mortgage space. And some reverse-only companies have aimed to establish firmer ties with the much larger forward mortgage industry.

Lending 396

Lending Mortgages Industrial Finance 396

Housing Wire

APRIL 18, 2025

Reverse mortgages have a minimum age requirement that serves as a key differentiator for the product. But things seemed to take a step forward last week when one of the leading lenders in the space, Fairway Independent Mortgage Corp. announced that it was implementing hybrid e-closings into its reverse mortgage processes.

Technology 355

Technology Mortgages Industrial Finance 355

Housing Wire

OCTOBER 18, 2024

Indiana-based lender Ruoff Mortgage is making a move designed to help more homeowners get into new homes with ease. Ruoff Mortgage is teaming up with fintech company Calque to offer two “buy before you sell“ programs to customers. The Trade-In Mortgage — Calque’s most popular program — functions similar to a vehicle trade-in.

Purchase and sale agreement 448

Purchase and sale agreement Mortgages Equity Finance 448

Housing Wire

OCTOBER 17, 2024

HousingWire real estate reporter Jeff Andrews sat down with Umansky to talk about his brokerage, agent recruiting efforts, how the industry is changing in the wake of the NAR commission lawsuit settlement — and even a little fashion. It’s really out of pure love and wanting to give back to an industry that we love.

Industrial 459

Industrial Brokerage Branding Agents 459

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). This will include an interactive conversation with a panel of reverse mortgage LOs on the dais and in attendance.

Industrial 225

Industrial Mortgages Loan Officer Equity 225

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.

Mortgages 459

Mortgages Loan Officer Loans Technology 459

Housing Wire

APRIL 1, 2025

Today, A&D Mortgage announced the official closing of its acquisition of the wholesale and non-delegated correspondent mortgage business from Mr. Cooper Group. Cooper previously acquired the wholesale and nondelegated mortgage business assets as part of its Flagstar Bank transaction in November 2024.

Closing 394

Closing Mortgages Lending Banks 394

Housing Wire

NOVEMBER 21, 2024

Tim Nelson, a longtime reverse mortgage industry professional and reverse department manager at VIP Mortgage in Scottsdale, Arizona , spent 20 years in the home lending arena before shifting his focus entirely to reverse. Nelson is now a reverse mortgage borrower in addition to being an industry professional.

Mortgages 370

Mortgages Loan Officer Equity Lending 370

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. Cornish started his career in mortgage banking at Wells Fargo in Iowa in 2003.

Mortgages 370

Mortgages Sales Loan Officer Lending 370

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. What they’ve instituted is a responsible and fair way of addressing the needs of people who are in trouble with their mortgage and can work it out.

Industrial 279

Industrial Mortgages Equity Banks 279

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. Among the nation’s top 10 reverse mortgage lenders, Onity Group Inc. The reverse share accounts for 1.4%

Mortgages 417

Mortgages Bankruptcy Short sale Loans 417

Housing Wire

MARCH 17, 2025

If mortgage rates don’t drop, we may see this sector facing supply issues and shrinking profit margins. To avoid a job loss recession, closely monitoring the homebuilding industry is essential. With rising mortgage rates, more supply and some pressure on profit margins, its challenging for housing permits to grow.

Mortgages 477

Mortgages Staging Development As-is 477

Housing Wire

FEBRUARY 7, 2025

The labor market is showing signs of softness but is not breaking down yet, which has kept mortgage rates higher for longer. Since 2022, my guiding principle has been that the labor market is more important than inflation in determining mortgage rates. This is the reason mortgage rates are around 7% and not around 6% today.

Mortgages 476

Mortgages Marketing Residential Construction 476

Housing Wire

OCTOBER 22, 2024

Guaranteed Rate Affinity announced a promotion on Tuesday as the joint venture company named 22-year industry veteran Mark Rawls as vice president of mortgage lending. Rawls’ prior experience spans several companies — including Movement Mortgage and WR Starkey Mortgage.

Lending 433

Lending Mortgages Loan Officer Development 433

Housing Wire

DECEMBER 20, 2024

At the beginning of 2024, mortgage technology company LoanPASS was announced as a technology partner for reverse mortgage lender Smartfi Home Loans. Getting the hang of reverse Mitchell is a 25-year veteran of the mortgage technology space, primarily working for LOS companies.

Mortgages 397

Mortgages Technology Principal Industrial 397

Housing Wire

NOVEMBER 19, 2024

The passage of the mortgage trigger lead bill as proposed in the U.S. Congress will face a challenge from a new plan expected to be released this week by representatives of the consumer reporting industry, HousingWire has learned. ” “The industry proposal does not address the underlying problem of telephone solicitations.

Mortgages 397

Mortgages Loans Industrial As-is 397

Housing Wire

APRIL 29, 2025

Kicking off the first 2025 event held by the National Reverse Mortgage Lenders Association (NRMLA) Tuesday morning in Irvine, Calif., the associations co-chairs offered an update on the industrys advocacy efforts. These meetings include with Rep. French Hill (R-Ark.), the chairman of the House Financial Services Committee, and Rep.

Industrial 238

Industrial Development Mortgages Equity 238

Housing Wire

APRIL 3, 2025

Cooper a $9 billion deal that could reshape the mortgage landscape for years to come. Coming on the heels of Rockets Redfin acquisition , the move signals the companys intent to control the full mortgage journey from lead generation to long-term servicing. And thats before Rocket even leans into marketing. [3:45]

Industrial 269

Industrial Mortgages Loans Closing 269

Housing Wire

DECEMBER 19, 2024

What drives the secondary market and mortgage industrys top innovators? This series unveils the personal and professional moments shaping Pollys executive team and their vision for a better mortgage future. Jon Foys journey from Montana to Polly is driving innovation in the mortgage industry.

Mortgages 393

Mortgages Loan Officer Technology Industrial 393

Housing Wire

DECEMBER 18, 2024

Mortgage applications declined 0.7% 13, driven by slight decline in refinance activity, according to data released Wednesday by the Mortgage Bankers Association (MBA). The decline in applications broke a five-week streak of increases in mortgage demand. Adjustable-rate mortgage (ARM) activity remained steady at 5.3%

VA loan 395

VA loan Mortgages FHA loan Loans 395

Housing Wire

APRIL 4, 2025

Reston, Virginia -based mortgage software company RETR announced this week that it has hired two new senior leaders to guide the company’s growth efforts. Heidi Iverson Iverson has 20-plus years of experience across various industries. Before joining RETR, she founded PlacedE, a boutique mortgage recruiting and coaching firm.

Mortgages 373

Mortgages Technology Loan Officer Loans 373

Housing Wire

MARCH 3, 2025

Union Home Mortgage (UHM) on Monday announced its acquisition of Nations Reliable Lending , aka NRL Mortgage. By coming together, we expand the reach of that promise further, while also continuing to build a unique workplace culture in the mortgage industry,” UHM CEO Bill Cosgrove said in a statement.

Mortgages 324

Mortgages Loan Officer Lending Banks 324

Housing Wire

NOVEMBER 22, 2024

As low inventory levels, elevated mortgage rates and rising home prices keep the housing industry stagnant, short-term real estate investors — aka fix-and-flippers — faced market turmoil during the third quarter of 2024. Home affordability challenges presented the biggest challenge for home flippers.

Investor 434

Investor Mortgages Renovation Loans 434

Housing Wire

OCTOBER 28, 2024

Mortgage technology company Gateless is offering its flagship automated underwriting platform to a new lender. 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 397

Loans Mortgages Technology Development 397

Housing Wire

DECEMBER 3, 2024

As the mortgage world continues to see rapid tech advancements, staying ahead of the curve requires more than just keeping up — it demands leading the way. Companies like CLARIFIRE — a multi-year Tech100 Mortgage honoree — that delivers advanced automation solutions to servicers. Click here to nominate a tech organization.

Mortgages 366

Mortgages Technology Industrial Investor 366