Housing Wire

MAY 15, 2025

MORE’s model offers a short-term bridge loan typically around three years in length that’s designed to give buyers time to refinance or secure permanent financing. Seller financing spans residential, commercial and land transactions, with residential making up 63% of all deals over the past three years, Note Investor reported.

Finance 370

Finance Lending Bankruptcy Residential 370

Housing Wire

MARCH 25, 2021

In short, their AI platform, which is built on aggregated loan data from its network, allows loan officers, processors and underwriters to offload manual, arduous tasks. Clients include Credit Union of Colorado , Texas Lending and JMAC Lending. Increasing lending and servicing capacity – regardless of mortgage rates.

Land 430

Land Mortgages Lending Loans 430

Housing Wire

MAY 24, 2021

Stavvy, a Boston-based fintech, announced Monday that it landed a $40 million Series A funding round led by Morningside Technology Ventures. Presented by: Sagent Lending Technologies. We are confident in Stavvy’s ability to change the lending and banking experience for both institutions and consumers.

Land 430

Land Lending Technology Banks 430

Housing Wire

MAY 8, 2025

An analysis released Thursday by MortgageResearch.com suggests that the average new college graduate likely wont be able to afford a home until April 2034 nearly 10 years after graduation due to a triple burden of surging home prices, student loan debt and modest entry-level salaries. and conforming loans were up 0.2%

Loans 260

Loans Mortgages Lending Land 260

Housing Wire

FEBRUARY 25, 2025

The best hard money loans for real estate depend on your investment strategy, whether youre financing a short-term flip, a rental property or a large-scale development. Youll also learn how hard money loans work, what it takes to get approved and key factors to consider before applying.

Hard money loan 368

Hard money loan Loans Investor Lending 368

Housing Wire

SEPTEMBER 17, 2024

Anthony Casa, President & CEO of UMortgage , isn’t mincing words when it comes to the lending practices that often victimize our veterans. These lenders take advantage of the profit margins on VA loans to charge veterans inflated fees and higher interest rates. Veterans deserve to own a piece of the land they fought to protect.

Lending 417

Lending VA loan Loans Mortgages 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. Last year , lenders didn’t raise conventional loan limits until Sept.

Loans 388

Loans Lending Land Finance 388

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. Home prices are usually inflated, inspections are not made, and loans have high interest rates and balloon payments. among subprime loans.

Mortgages 468

Mortgages Land Lending Finance 468

Housing Wire

JUNE 17, 2022

It’s a tough time to be a loan officer. Amid all the chaos, loan officers may be pressed to get creative when it comes to generating new business. Amid all the chaos, loan officers may be pressed to get creative when it comes to generating new business. The best loan officers are those who aren’t loan officers.

Loan Officer 417

Loan Officer Loans Lending Land 417

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

JANUARY 31, 2023

Scott Miller, a former mortgage loan originator at Sprout Mortgage , knew the clock was ticking when the non-qualified mortgage (non-QM) lender abruptly closed doors in July 2022. In turn, thousands of loan originators could soon be looking for a new lender to hang their license. They weren’t so small that they couldn’t handle us.”

Loans 403

Loans Mortgages Loan Officer Pre-approval 403

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

APRIL 24, 2025

The HECM Tool a software platform designed to serve as a reverse mortgage sales conversion tool announced this week that it has integrated the proprietary reverse mortgage offering from Smartfi Home Loans into the platforms existing visualization and comparison capabilities.

Mortgages 284

Mortgages Loan Officer Loans Principal 284

Housing Wire

JUNE 26, 2023

Digital mortgage exchange and loan aggregator MAXEX announced on Monday it closed an equity investment round and partnerships to expand liquidity amid the recent market volatility. ” The deal with MAXEX expands access to a broad range of non-agency and agency-eligible mortgage loan programs.

Equity 370

Equity Land Investor Loans 370

Housing Wire

SEPTEMBER 16, 2020

The title insurance industry saw a surge in premium volume in the second quarter of 2020, according to the American Land Title Association’s latest Market Share Analysis. It’s no secret that lending volume is up in 2020. In fact, the latest Fannie Mae forecast says mortgage lending will hit an all-time high of $3.9

Title 468

Title Land Commercial Lending 468

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

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. With a focus on purchase mortgages through referral sources, Reich aims to close $1 billion in loan origination volume in 2023 through his division alone. We specialize in marketing for purchases.”.

Mortgages 502

Mortgages FHA loan Loan Officer Construction 502

Housing Wire

APRIL 14, 2022

Consolidation in the mortgage industry is likely in 2022, analysts and lending executives said. A seasoned retail and commercial banking salesman in Fort Wayne, Indiana, the 39-year-old Woodward joined Interfirst Mortgage as a loan officer in October 2020 after a recommendation from an old college friend. The closer, the better.

Mortgages 525

Mortgages Marketing Lending Loans 525

Housing Wire

JUNE 21, 2022

It plays an essential role in the economics of homeownership, ensuring that credit reaches those who need it and providing safeguards to those who lend it. In a refinancing, homeowners obtain a new loan and lenders require a new title search and a title insurance policy on that loan to protect their investment.

Title 516

Title Title search Land Due diligence 516

Housing Wire

MARCH 28, 2024

New changes from the Federal Housing Administration (FHA) and Ginnie Mae , which insure and guarantee loans, could help open an untapped market for lenders looking to expand their businesses and improve access to credit for buyers of manufactured homes. The home-only lending market presents several major opportunities.

Title 460

Title Finance Lending Loans 460

Housing Wire

NOVEMBER 15, 2023

Stavvy , a fintech firm specializing in digital and remote collaboration for lending and real estate companies, acquired SigniaDocuments, a technology suite from Texas-based lender Evolve Mortgage Services. Stavvy will offer eNote, SMART Doc disclosures and loan documents for all 50 states across all loan programs.

Technology 439

Technology Lending Loans Title 439

Housing Wire

MAY 2, 2024

loan officer Timothy Potempa has departed Dallas-based multichannel lender OneTrust Home Loans to join E Mortgage Capital , bringing his team of about 40 people and more than $300 million in annual production to the company headquartered in California. 7 loan officer in the country last year with a mortgage production volume of $326.5

Loan Officer 430

Loan Officer Mortgages VA loan Lending 430

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. They also blasted the GSEs for reducing loan targets for manufactured housing, affordable housing preservation and rural housing.

Land 525

Land Loans Title Lending 525

Housing Wire

OCTOBER 2, 2024

This process included removing a variety of debt — including commercial mortgages, personal loans and auto loans — from balance sheets and making credit available to traders. These assets include fix-and-flip loans (RTLs), homebuilder loans, nonqualified mortgages ( non-QM ) and more.

Lending 441

Lending Banks Loans Residential 441

Housing Wire

JANUARY 27, 2021

Roostify, which powers the digital mortgage platforms of JPMorgan Chase , TD Bank , Guild Mortgage , HSBC Bank USA and more, allows different lending parties to bring in data and information from online sources that then tailors the homebuying process. Many loan officers who may not have in the past sought to engage with customers digitally.

Lending 370

Lending Technology Loan Officer Equity 370

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

JANUARY 29, 2021

This comes as no surprise – a recent survey from the American Land Title Association of major vendors working in the remote online notarization space showed adoption of remote online notarization soared 547% in 2020. Leveraging eClosings to effectively manage increased loan volumes. Sources: MERS, First American.

Lending 430

Lending Loans Mortgages Title 430

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

OCTOBER 19, 2023

By doing a cash-out refi, she landed a $340,000 FHA loan and locked in a 6.9% We are paying off her current mortgage balance of $280,000 while maintaining more than $200,000 in home equity,” said Anderson, who runs the mortgage broker shop Rancho Capital Home Loans. Credit scores for FHA loan borrowers could go down even lower.

Mortgages 488

Mortgages FHA loan Equity Loans 488

Housing Wire

DECEMBER 1, 2020

Sean Faries, CEO, Land Gorilla. Land Gorilla founder and CEO Sean Faries is relentless in his pursuit of technology innovations that drive efficiency while simultaneously reducing risk in construction and renovation lending. Faries believes technology should enhance digital experiences for all project stakeholders.

Land 306

Land Lending Branding Construction 306

Housing Wire

OCTOBER 11, 2022

Mortgage Coach , a mortgage platform that enables lenders to educate borrowers with home loan presentations, announced that its platform will be integrated with Insellerate, a customer relationship management (CRM) platform.

Mortgages 403

Mortgages Loan Officer Loans MLS 403

Housing Wire

DECEMBER 6, 2022

Hispanic Americans represent a fast expanding segment of borrowers with an increasing number seeking home loans and homeownership. Even with the introduction of more digital tools to provide home buyers with a technology-enabled user experience, Spanish-speaking borrowers often encounter obstacles to homeownership during the lending process.

Lending 388

Lending Loans Land Mortgages 388

Housing Wire

JUNE 1, 2022

Before landing at Waterstone Mortgage, Garrigues served as a chief financial officer at Solarity Credit Union for three years. The firm, lending in 48 states, focuses on purchase loans and offers home loan programs including conventional and government loans and specialty programs for medical professionals and first-time homebuyers.

Mortgages 388

Mortgages Banks Lending Land 388

Housing Wire

MARCH 31, 2021

Presented by: Proctor Loan Protector. The flexible standards allowed for more appraisal options on certain qualifying primary residence loans, including desktop appraisals and exterior-only appraisals. How this will affect the reporting of delinquent loans, is yet to be delineated.

Purchase and sale agreement 417

Purchase and sale agreement Loans Land Lending 417

Housing Wire

JULY 19, 2022

Industry practitioners have some ideas for how HUD might make financing such loans more feasible. Lenders avoid them, because originating a small-balance loan is as expensive as a larger loan, but the compensation, which is about 1% of the loan balance, is lower.

Mortgages 388

Mortgages Lending Finance Loans 388

Housing Wire

JULY 31, 2023

Mike Cagney’s Figure Technologies laid off 20% of its staff and plans to take its profitable lending business public next year, Bloomberg reported. Figures’ lending business hit a record $900 million in origination and generated $2.7 Cagney expects to land a $2.5 In the first half of the year, the company posted $83.5

Lending 370

Lending Equity Banks Loans 370

Housing Wire

AUGUST 1, 2023

Stavvy , a fintech company specializing in digital and remote collaboration for lending and real estate companies, acquired Brace , a digital mortgage servicing platform. Founded in 2018 , Stavvy works to increase efficiency and transparency in real estate and mortgage lending. Terms of the deal were not announced.

Lending 370

Lending Title Technology Staging 370