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. The company is in expansion mode, bolstering its offerings to meet new market demands.

Lending 433

Lending Mortgages Loan Officer Development 433

Housing Wire

OCTOBER 18, 2024

California-based Provident Funding Associates LLC is getting out of the Florida condo lending business , it told broker partners on Friday. Condos in Florida have to be next level,” said one retail lending executive. In particular it’s created a glut of 30-plus-year-old units on the market, with few takers.

Mortgages 524

Mortgages Marketing Lending Finance 524

Housing Wire

MARCH 25, 2025

Global investment bank Cambridge Wilkinson today announced the closing of a forward flow agreement up to $100 million for a private real estate lending platform specializing in short-term bridge , fix-and-flip, construction and land development loans.

Lending 307

Lending Equity Banks Construction 307

Housing Wire

DECEMBER 19, 2024

Planet Home Lending announced Thursday that it has hired Candice McNaught as senior vice president of business development and strategic initiatives for its distributed retail channel. She formerly held posts at Supreme Lending and NFM Lending. billion, per Modex data.

Lending 396

Lending Loan Officer Loans Mortgages 396

Housing Wire

JANUARY 9, 2025

Kevin Peranio , chief lending officer for Paramount Residential Mortgage Group (PRMG), lives in the Orange County area and said hes witnessed the effects of being displaced by the wildfires. Peranio is also an investor in Pacaso , a second-home co-ownership company, and said that the company is mobilizing its network to help those in need.

Marketing 501

Marketing Lending Land Residential 501

Housing Wire

JANUARY 28, 2025

Last week, business-purpose residential mortgage lender Dunmor announced that it received a minority equity investment from Newfi Lending , a nonagency mortgage lender owned by funds managed by Apollo Global Management. Apollo has 16 lending platforms in the U.S. Ruimy: The transaction was completed with Apollo Global Management.

Residential 364

Residential Lending Finance Banks 364

Housing Wire

DECEMBER 4, 2024

The company named veteran mortgage professional Connie Lindsay as its senior vice president of mortgage lending in Washington state. She joins the company’s leadership team to further its presence and performance in the Washington market. According to Rate’s website, the company has 11 branches in the state.

Lending 397

Lending Mortgages Loan Officer Loans 397

Housing Wire

DECEMBER 18, 2024

The company has an aggressive marketing goal to reach the No. Citis previous use of the URL was to redirect to learning center content within the home lending pages on the Citi domain, according to Head of Mortgage Marketing at Citi, Chip Burgard. Market share and brand authority Why launch this site now?

Marketing 418

Marketing Lending Branding Banks 418

Housing Wire

APRIL 10, 2025

But when confronted with volatility in the markets, advisors who are more concerned with the risk of loss might start to slowly open themselves up to more conversations. While most of the broader tariffs have since been delayed by at least 90 days , theyre not all lifted and the market reacted tepidly in active trading on Thursday.

Mortgages 410

Mortgages Marketing Principal Lending 410

Housing Wire

FEBRUARY 20, 2025

Chase Home Lending recently announced a limited-time, nationwide interest rate discount that is designed to help homeowners save on their monthly mortgage payments.The offer is in effect through March 7. This offer extends to anyone with an existing mortgage at any lending institution looking to benefit from refinancing, she said.

Lending 351

Lending Equity Mortgages Design 351

Housing Wire

FEBRUARY 28, 2025

This week on Power House , Diego Sanchez chats with Jay Plum, EVP of Consumer Lending at Fifth Third Bank. During the conversation, Plum explores Basel III’s impact on warehouse lending, the importance of affordability programs, and how Fifth Third plans to grow market share with mortgage servicing portfolios (MSRs).

Lending 293

Lending Banks Mortgages Industrial 293

Housing Wire

NOVEMBER 20, 2024

Mortgage professionals must keep up with the new demand for home equity products in the new market. Jonathan Scarpati: I started with Senior Lending Network out of New York. JS: The home equity wealth of our senior homeowners now exceeds 14 trillion, reflecting a growing market. Later, I joined Urban Financial Group.

Equity 370

Equity Finance Marketing Lending 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.

Debt-to-income ratio 335

Debt-to-income ratio Loan Officer Marketing Loans 335

Housing Wire

NOVEMBER 27, 2024

Despite the recent rise in mortgage rates, early indicators suggest that the housing market is pointed in the right direction. The latest signal comes from the National Association of Realtors ‘ (NAR) Pending Home Sales Index (PHSI), which shows sales in October growing 5.4% year over year and 2% compared to September.

Sales 370

Sales Marketing MLS Lending 370

Housing Wire

OCTOBER 15, 2024

Department of Justice (DOJ) over the regulators’ allegations of mortgage lending discrimination in majority-Black neighborhoods of the Birmingham, Alabama , metro area. Fairway Independent Mortgage Corp. has agreed to settle with the Consumer Financial Protection Bureau (CFPB) and the U.S million civil penalty. Garland added.

Lending 468

Lending Loan Officer Loans Finance 468

Housing Wire

JANUARY 30, 2025

In this conversation, the duo explore niche lending, second lien product opportunities and demand for non-QM. Deephaven’s focus on non-QM lending is expected to drive its volume past $80 billion in 2025. Davis: Either you take market share or someone takes yours, right? A lot of folks were expecting a decline in 2025.

New Construction 338

New Construction Construction Marketing Equity 338

Housing Wire

JANUARY 30, 2025

recently hired Bijoy John as its new senior vice president of marketing. “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. As the lender’s new head of marketing, John can bring this vision to life.

Loans 382

Loans Marketing Lending Banks 382

Housing Wire

APRIL 28, 2025

Texas-based analytics and decision management company LENDEM Solutions announced that Krish Dhokia, a former mortgage marketing leader at Kind Lending and Fairway Independent Mortgage Corp. , has been hired as its new chief marketing officer. Dhokia shared the news over the weekend via LinkedIn.

Lending 370

Lending Technology Mortgages Loans 370

Housing Wire

JANUARY 12, 2025

During the 10-minute conversation, Pieklo explores his new focus on developing AFR’s wholesale lending strategy, the competitive landscape of the mortgage market, and the company’s unique approach to differentiating itself from other big names in the wholesale space. We look to the secondary markets first.

Mortgages 304

Mortgages Marketing Lending Loans 304

Housing Wire

FEBRUARY 10, 2025

Kiavis expansion into these 13 additional markets provides an immediate opportunity to equip more real estate investors with the fast, reliable, and transparent capital they need to create move-in ready housing while scaling their businesses, Arvind Mohan , CEO of Kiavi , said in a statement. In 2024, Kiavi reportedly originated a record $6.5

Lending 326

Lending New Construction Residential Investor 326

Housing Wire

MAY 17, 2024

Chase Home Lending , the consumer and commercial banking arm of JPMorgan Chase & Co. , Current market dynamics have impacted the affordability of homeownership for many Americans, and at the same time, competition has only increased,” Sean Grzebin, head of consumer originations for Chase Home Lending, said in a statement.

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Lending Closing Banks Commercial 481

Housing Wire

AUGUST 2, 2024

HighTechLending , a California -based top-10 reverse mortgage lender, announced on Friday that it is rebranding its wholesale lending division to American Senior Lending Wholesale Division in an effort to better align its identity with key business lines designed to serve older borrowers.

Lending 448

Lending Branding Loan Officer Technology 448

Housing Wire

JUNE 20, 2024

Michael Saleh, a former senior vice president of Rocket Mortgage who spent about two decades at the company, has transitioned from the retail lending channel to wholesale by launching independent brokerage firm Zoom Home Lending. “Rocket went public and the times have changed. Department of Veterans Affairs ( VA) and U.S.

Lending 459

Lending Brokerage Loan Officer Loans 459

Housing Wire

SEPTEMBER 30, 2024

The rise of private lending Private lenders disrupted the monopoly of traditional banks and the private lending market has since seen a remarkable rise, reaching $1.5 With the rise of private lending comes an increase in competition, from new and traditional lenders.

Lending 435

Lending Technology Banks Loans 435

Housing Wire

SEPTEMBER 20, 2024

If we learned anything from HousingWire’s recent AI Summit , artificial intelligence (AI) is rapidly reshaping lending by streamlining processes, reducing costs, and enhancing the overall borrower experience. In addition, the regulatory environment is ever-changing and with it comes increased burdens on the lending industry.

Lending 459

Lending Industrial Mortgages Technology 459

Housing Wire

JANUARY 15, 2025

The study claims that the crisis can be traced back to the early 2000s when subprime lending activities were prevalent. The resulting housing market crash and the Great Recession led policymakers to overcorrect by tightening mortgage lending standards and limiting funds for new construction.

Lending 418

Lending New Construction Staging Construction 418

Housing Wire

APRIL 29, 2024

Small-balance commercial lender Stronghill Capital shut down its nascent consumer and correspondent lending businesses late last week. He cited a difficult market and elevated rates as reasons for shutting down correspondent and consumer lending businesses , which were added in 2022.

Lending 482

Lending Commercial Residential Loans 482

Housing Wire

OCTOBER 16, 2024

In this session, experts will discuss mini-corr challenges and opportunities going into 2025, including whether the channel will continue to see market share growth and the latest on warehouse lender risks.

Lending 448

Lending Marketing Mortgages 448

Housing Wire

FEBRUARY 27, 2025

How can today’s mortgage lending market be summed up in one word? ” The post-pandemic market was a utopia for aspiring homebuyers and mortgage brokers in the market, and some probably still reminisce about those times today. Acra Lending has done precisely that. billion to $3.47 billion in fundings.

Lending 312

Lending Technology Loans Mortgages 312

Housing Wire

JULY 11, 2024

The advantages for lenders The integration of advanced data collection techniques and the all-in-one ecosystem offers several significant advantages to lenders, positioning Opteon as a preferred partner in the lending process. This efficiency translates to cost savings and improved operational workflows for lending institutions.

Lending 467

Lending Technology Industrial Loans 467

Housing Wire

SEPTEMBER 23, 2024

Los Angeles area-based mortgage lender Premier Plus Lending announced last week that it is expanding into the senior-focused home equity market with a new division, Retirement Mortgage Solutions , which will include reverse mortgages and other home equity-based lending instruments.

Lending 448

Lending Mortgages Equity Loan Officer 448

Housing Wire

APRIL 10, 2025

Americas housing market isnt just cooling its frozen in place. Banks and credit unionsmany of which depend on mortgage activity to fuel lending, gather deposits, and generate fee incomeare facing an extended drought. But this isnt just a temporary side effect of high interest rates. The effects ripple far beyond the homeowner.

Design 286

Design Marketing Fixed-rate mortgage Finance 286

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 362

Marketing Principal Loans Mortgages 362

Housing Wire

DECEMBER 12, 2024

Every title company wanted a great piece of the current refi market and most would do about anything to obtain it.The problem; almost all were late to the party and not prepared. Unfortunate for most, whereas a few had prepared, most did not see the magnitude of this market anomaly! Consumers were refinancing in astronomical numbers!

Title 367

Title Marketing Banks Loans 367

Housing Wire

AUGUST 30, 2024

Mortgage banking executive and industry mergers & acquisitions advisor Rick Roque has taken a new executive position at NFM Lending. Roque will lead NFM’s retail growth strategy as corporate vice president of retail, NFM’s Managing Director Greg Sher announced on LinkedIn on Friday.

Lending 435

Lending Land Banks Loans 435

Housing Wire

NOVEMBER 20, 2024

Fair Lending Act. According to the document, HSBC allegedly engaged in discriminatory lending practices in majority Black and Hispanic neighborhoods in six U.S. million to certain California markets. California and Washington are the bank’s main markets. metropolitan areas from 2018 through 2021.

Loan Officer 418

Loan Officer Lending Banks Loans 418

Housing Wire

JULY 29, 2024

Home equity lending in 2023 grew by only 1.5% Even as debt has ticked upward, greater levels of home equity afforded by a run-up in home prices during and after the COVID-19 pandemic continue to illustrate potential for the market. compared to the prior year, while outstanding debt increased by 8.3% billion in 2022.

Equity 448

Equity Lending Loans Renovation 448