Housing Wire

JULY 1, 2025

Name Job Title Company Name Abigail Williams Chief Legal Officer Lima One Capital Alexandra Lumpkin Chief Legal Officer The Real Brokerage Ali Haralson President Auction.com Alison Adams Grey Chief of Staff LPT Realty Amy Adams National Real Estate Expert The CE Shop Amy Butler Executive Vice President, National Sales Northpointe Bank Amy Creason Co-founder (..)

Title

Housing Wire

MAY 22, 2025

The deal involves an 18-month revolving period during which principal payoffs can be reinvested to originate new loans, creating a projected $400 million in additional funding capacity. Legacy Group Capital on Thursday announced its first institutional capital partnership with LibreMax Capital LLC , an $11.8

Principal

Housing Wire

JUNE 11, 2025

Dan Ventura, the president of reverse mortgage lending at Fairway Independent Mortgage Corp. , Meanwhile, Ventura described Fairway’s 2015 entrance into the reverse mortgage industry as a principal agent — and how the larger company aims to leverage its robust forward mortgage operations in its reverse pursuits. Last year, more than 1.1

Mortgages

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. The lender chose LoanPASS to provide its software-as-a-service (SaaS) product and pricing engine in its reverse lending operations.

Mortgages

Housing Wire

JULY 15, 2025

Packer has worked in the consumer lending space for four decades, with deep expertise in technology and operations. Now the system determines what employees are going to work on and when, and then, from a management perspective, we can see what they’re working on, see who needs help, what loans are stuck, etc.

Technology

Housing Wire

OCTOBER 24, 2024

Mutual of Omaha approved brokers and principal agents will have access to five core protections, including a promise that the lender “will not solicit borrowers established within the broker network.” We see this program as a way to show our broker and principal agent partners that we are aligned with their success.”

Principal

Housing Wire

NOVEMBER 5, 2024

It has an emphasis on first-time homebuyers ; purchase loans through an expanded geographic footprint and partnerships; servicing portfolio scale and retention; operating leverage quality to drive down turn times; and recruiting, developing and retaining the best talent available. Meanwhile, the company’s total revenues reached $314.6

Purchase and sale agreement

Housing Wire

APRIL 3, 2025

In return for lending money to Reverse Mortgage Funding (RMF), TCB said it received a first priority lien on certain HECM collateral. Tails are not from new loans, but they do represent new amounts lent. The bank described it as critically important since without it, the only collateral TCB could rely on was a bankrupt company.

Banks

Housing Wire

APRIL 28, 2025

billion in unpaid principal balance (UPB), up 2% from the end of 2024 and 10% higher compared to March 2024. We’ve also been seeing ramp production and closed-end seconds , home equity loans, and we think that’s a great untapped opportunity for the channel.” “[PennyMac] is well-rounded. ”

Marketing

Housing Wire

JANUARY 31, 2025

And the company’s servicing portfolio, measured by unpaid principal balance (UPB), rose 10% during the year to $665.8 “PennyMac maintained its dominant position in correspondent lending in the fourth quarter, with total acquisitions of $28 billion, up from $26 billion in the prior quarter, he said. million, up from $144.7

Principal

Housing Wire

JUNE 10, 2025

2 industry player in reverse-backed securities issuance and one of the top two providers of proprietary reverse mortgage loans, is expanding its product suite beyond government-backed and proprietary reverse mortgages while remaining focused on older customers. Reverse mortgage lender and servicer Longbridge Financial , a no.

Equity

Housing Wire

APRIL 1, 2025

Name Job Title Company Name Aaron Heidorn Director of Software Engineering & Infrastructure Cloudvirga Aaron Smith Director, Sales CubiCasa Adrian Provost Chief Executive Officer Realty ONE Group Terminus Ana LeBlanc Human Resources Director InterLinc Mortgage Annie Lemon Producing Branch Manager Gold Star Mortgage Financial Anthony Russo Diamond (..)

Lending

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

Marco Santarelli

JANUARY 1, 2025

As of January 01, 2025, the average mortgage rate for a 30-year fixed loan is 7.01%. This rate is a significant factor that affects how much homebuyers will pay each month and the total cost of the loan over the long term. 15-Year Fixed Mortgage Rate : 6.36%, providing another option for those looking to pay off their loans faster.

Mortgages

BAM Media

JANUARY 8, 2025

Lets dive into how lending fees and interest rates can affect your investmentsand how seller financing can help you save big. The Cost of Traditional Loans With traditional loans, lending fees typically range between 2-4% of the loan amount , on top of your down payment. These fees are how lenders get paid.

Finance

Housing Wire

JANUARY 10, 2025

Brown also served as managing director of sales for mortgage technology firm Black Knight , as chief revenue officer for Lift Strategic Partners and as principal for Brown Derby Consulting. Brown expressed excitement over his new role and said he intends to continue serving customers with new solutions.

Principal

The Mortgage Report

JULY 11, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? How Much Home Can I Afford?

FHA 203k rehab loan

Redfin

AUGUST 5, 2025

In this article, we’ll review the major costs associated with house flipping and the loan options you should know about. Types of loans for flipping houses From crowdfunding to mortgages to loans and lines of credit, there are a few financing options for flipping houses. How much does it cost to flip a house?

Loans

The Close

JULY 1, 2025

However, some will struggle with getting approved for a loan, which is something that could result in the transaction falling through for you as a real estate agent. That’s where FHA loans can save the day for everyone. This makes it possible for buyers who might not qualify for traditional loans to still secure financing.

FHA loan

Marco Santarelli

AUGUST 5, 2025

Refinance Loan Program Rate % 1W Change (bps) 30-Year Fixed 7.12 +19 15-Year Fixed 5.79 +6 5-Year ARM 7.89 +27 The 30-year fixed refinance rate increased by 19 basis points to 7.12%, while the 5-year ARM refinance rate jumped 27 basis points to 7.89%. This rise adds complexity for those trying to reduce monthly payments or tap equity.

Mortgages

Marco Santarelli

MARCH 20, 2025

Be prepared for higher monthly payments compared to a 30-year loan. VA Loans – A Benefit for Veterans: Backed by the Department of Veterans Affairs, VA loans offer significant advantages to eligible veterans, active-duty service members, and surviving spouses. Refinance Rates: What's on Offer Today?

Mortgages

Marco Santarelli

MARCH 18, 2025

If you're considering a refinance, it's crucial to weigh the potential benefits, such as a lower interest rate or shorter loan term, against any associated costs. One of the ways the Fed influences the economy is by setting the federal funds rate, which is the interest rate at which banks lend money to each other overnight.

Mortgages

Marco Santarelli

APRIL 1, 2025

For someone borrowing a significant amount of money, even a slight decrease can translate into real savings over the life of the loan. The interest rate you get at the beginning of your loan stays the same for the entire term, whether it's 15, 20, or 30 years. A fixed-rate mortgage is pretty straightforward.

Fixed-rate mortgage

Marco Santarelli

JUNE 28, 2025

If you're considering taking out a mortgage or refinancing your current home loan, knowing these updated rates will help you make informed financial decisions. This amount includes principal, interest, property tax, and homeowners insurance, typical of fixed monthly payments.

Mortgages

Marco Santarelli

MARCH 17, 2025

Here's a snapshot of the average mortgage rates you can expect today: Loan Type Interest Rate 30-Year Fixed 6.59% 20-Year Fixed 6.45% 15-Year Fixed 5.93% 5/1 ARM 6.85% 7/1 ARM 7.13% 30-Year VA 6.15% 15-Year VA 5.59% 5/1 VA 6.15% Source: Zillow It's worth noting that these are national averages.

Mortgages

Marco Santarelli

JULY 30, 2025

Finding the best mortgage rates can save you thousands of dollars over the life of your loan. Loan Sizes: The average loan size can also have an impact. Some states have stricter rules for lending , which can affect rates. Item Amount Principal & Interest $2,264.38 Looking to buy a home?

Mortgages

Marco Santarelli

JUNE 16, 2025

Average Loan Size: The average loan amount also matters. In pricier states (like California), where loan sizes are bigger, lenders might adjust rates to reflect perceived risk or different market dynamics. All of these factors play a role in figuring how lenders can offer loans. It's like buying down your rate.

Mortgages

Norada Real Estate

JULY 28, 2025

Mortgage rates represent the interest charged on home loans. The 30-year fixed-rate mortgage is the most popular loan product among homebuyers because it offers predictability with stable monthly payments over three decades. They fluctuate daily based on broader economic signals. Realtor.com 6.5%-6.7% 6.4% — Fannie Mae 6.6%

Mortgages

Marco Santarelli

JUNE 30, 2025

Government Loans Mixed: FHA rates increased, while VA rates showed slight increases. Jumbo Loans Varied: Jumbo loan rates experienced a mix of increases and decreases across different terms. But other conforming loans saw both increases and decreases. These changes provide insights for those seeking larger loan amounts.

Fixed-rate mortgage

Marco Santarelli

MAY 2, 2025

Average Loan Size: This one is pretty straightforward. Texas: Despite its size and varied markets, Texas generally benefits from a strong economy and a competitive lending environment. Small Loan Amounts: The rate might only apply to smaller-than-average loan amounts. More competition usually means better rates for you!

Mortgages

Marco Santarelli

JUNE 16, 2025

This announcement could dramatically impact interest rates and, consequently, the mortgage lending world. Current Mortgage Rates Overview To give you a clear snapshot of the current market, let's look at the mortgage rates being offered for different types of home loans. This, in turn, can push mortgage rates down.

Mortgages

Norada Real Estate

AUGUST 1, 2025

As of August 1, 2025, mortgage rates and refinance rates have edged slightly higher across most loan types. Current Mortgage Rates by Loan Type The mortgage market shows subtle upward movement after weeks of relative stability. Borrowers should watch upcoming Fed meetings in September and December for rate movement clues.

Mortgages

Marco Santarelli

JUNE 27, 2025

Refinance Opportunity : Average refinance rates for a 30-year fixed loan have climbed slightly to 7.12% , but are lower compared to prior weeks. Below are the estimated monthly payments for different loan amounts based on the current rates. This calculation factors in the principal amount along with interest.

Mortgages

Norada Real Estate

JUNE 26, 2025

Their decisions regarding interest rates and growth projections can send ripples throughout the lending market. This estimate includes principal and interest but does not encompass additional costs like property taxes and homeowners insurance, which can significantly affect the total monthly obligation.

Mortgages

Norada Real Estate

JUNE 12, 2025

These changes reflect a positive shift in the lending environment, giving potential homebuyers and those looking to refinance a bit of breathing room. Here's a brief overview of both types: Fixed-Rate Mortgages : These loans lock in a fixed interest rate for the entire term of the loan.

Mortgages

Marco Santarelli

MARCH 22, 2025

Understanding the implications of these rates is crucial for anyone considering purchasing a home or refinancing an existing loan. This figure takes into account only principal and interest, not including property taxes, homeowners insurance, or private mortgage insurance (PMI).

Mortgages

Norada Real Estate

JUNE 27, 2025

Refinance Opportunity : Average refinance rates for a 30-year fixed loan have climbed slightly to 7.12% , but are lower compared to prior weeks. Below are the estimated monthly payments for different loan amounts based on the current rates. This calculation factors in the principal amount along with interest.

Mortgages