Housing Wire

APRIL 4, 2025

Principal agents and closed loan sellers can ask their LOS administrator to add it to their available product menu, the company said. But the variations available to brokers and principal agents differ. Previously, the Platinum line aligned its minimum amount with Federal Housing Administration (FHA) lending limits.

Mortgages

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

JULY 2, 2025

Roby Robertson , executive vice president of LoanLogics , a mortgage document automation provider, is more optimistic about how the new era of crypto-backed lending could open doors for nonqualified mortgage ( non-QM ) borrowers. “I Another open question is how crypto-backed lending fits within state licensing laws, especially when U.S.

Mortgages

Housing Wire

DECEMBER 20, 2024

The lender chose LoanPASS to provide its software-as-a-service (SaaS) product and pricing engine in its reverse lending operations. At the beginning of 2024, mortgage technology company LoanPASS was announced as a technology partner for reverse mortgage lender Smartfi Home Loans.

Mortgages

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.

Mortgages

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

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

OCTOBER 30, 2024

That said, we see our direct lending channels, as we continue to basically get momentum through our recapture investments, to continue to improve and increase.” This resulted from a portfolio of $878 billion in unpaid principal balance (UPB), including $755 billion in mortgage servicing rights (MSRs) owned by the company.

Equity

Housing Wire

JUNE 10, 2025

Too many older Americans are unable to access their own home equity , not because of poor credit, but because traditional lending products weren’t designed for life after 62,” Mayer said in a statement. The product does not include a preset maturity date.

Equity

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. The bank alleged that Ginnie Mae had extinguished, in return for no consideration, TCBs first priority lien on tens of millions of dollars in collateral stemming from the [FHA]-sponsored [ HECM ] program.

Banks

Housing Wire

NOVEMBER 5, 2024

In September, it hired military advocate Bryan Bergjans to boost its lending capacity in the U.S. Regarding loanDepot’s servicing portfolio, the unpaid principal balance (UPB) increased to $114.9 Department of Veterans Affairs (VA) space. billion on Sept. 30, compared to $114.3 billion on June 30.

Purchase and sale agreement

Housing Wire

JULY 15, 2025

Packer has worked in the consumer lending space for four decades, with deep expertise in technology and operations. Editor in Chief Sarah Wheeler sat down with Bill Packer , chief operating officer at Longbridge Financial, to talk about the ways his company is using AI to serve reverse mortgage borrowers.

Technology

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. Wholesale partnerships Last week’s earnings painted an interesting picture for the company. While profits shrank, PennyMacs servicing portfolio simultaneously grew to $680.2

Marketing

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

Principal limit factors] change and programs change often, so it’s difficult to tackle that one. We’re incredibly excited to see Choice Fixed now available within the HECM Tool platform,” said Kim Smith , senior vice president of wholesale lending at Smartfi.

Mortgages

Inman

JUNE 6, 2025

Tune in to Inman Access as Jeff Tucker, principal economist at Windermere Real Estate, walks agents through client communication strategies.

Principal

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

Marco Santarelli

JANUARY 1, 2025

As the Fed adjusts its rate in response to economic conditions, those changes ripple through the lending market. The recent rise in mortgage rates can be attributed to several intertwined factors, including: Federal Reserve Policies : The Fed's monetary policies greatly influence mortgage rates.

Mortgages

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

Andrea Blais , SVP of real estate lending at SchoolsFirst Federal Credit Union: There are several, promising signs for first-time home buyers trying to find the right property to purchase. Jay Crowell , national retail division president at Cornerstone Home Lending : We’re seeing differential at a more micro level. Time to make a move?

FHA 203k rehab loan

Redfin

APRIL 15, 2025

Shannon Love, Principal Designer, Iced Tulips Interiors Stripes as a statement piece Stripes, with their timeless appeal and inherent versatility, can make a bold yet balanced statement in interior design. Stripes in neutral palettes lend understated elegance, while metallic or high-contrast combinations add modern drama.

Principal

Marco Santarelli

AUGUST 5, 2025

Instead, the Fed’s decisions on the federal funds rate impact bond markets and lending costs. annualized in the first half of 2025, signaling caution for long-term lending. Understanding the Numbers: What Does This Mean for You? Growth Slowdown: U.S. GDP growth slowed to around 1.2% Unemployment: Slight increases to 4.5%

Mortgages

Marco Santarelli

MARCH 20, 2025

The Fed's actions, such as adjusting the federal funds rate (the rate at which banks lend to each other overnight), can have a ripple effect on mortgage rates. Monthly Payment on a $150k Mortgage: With a $150,000 mortgage at a 6.61% interest rate, your estimated monthly payment for principal and interest would be approximately $962.

Mortgages

Marco Santarelli

MARCH 18, 2025

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. For example, on a $400,000 mortgage at today's rates: A 30-year mortgage at 6.57% would result in a monthly payment of around $2,547 (principal and interest).

Mortgages

Marco Santarelli

JUNE 16, 2025

This announcement could dramatically impact interest rates and, consequently, the mortgage lending world. The Fed's primary tool is the federal funds rate, which is the rate banks charge each other for overnight lending. Let's dive in to understand what's happening and what it means for you. This, in turn, can push mortgage rates down.

Mortgages

Marco Santarelli

JULY 30, 2025

Some states have stricter rules for lending , which can affect rates. Item Amount Principal & Interest $2,264.38 In areas with pricier properties , rates might be adjusted to reflect the lenders' risk. State Regulations: Believe it or not, state regulations can play a role. Property Taxes $256.67 Homeowners Insurance $128.00

Mortgages

Marco Santarelli

JUNE 28, 2025

This amount includes principal, interest, property tax, and homeowners insurance, typical of fixed monthly payments. For example, if consumer confidence is strong and more people are likely to apply for loans, lenders might increase rates to balance demand, thereby controlling the risk of lending.

Mortgages

AAOA

JANUARY 23, 2025

in July 2024 Just about every multifamily project that BartonPartners has designed in recent years has marketed itself as a luxury property, says Bill Warwick, AIA, a Principal with the Philadelphia-based architecture and urban design firm. Right now, its all about financial feasibility, says NMHCs Walter. The Fed lowered rates in September.)

Marketing

Marco Santarelli

MARCH 17, 2025

Let's look at an example provided by Zillow: For a $300,000 mortgage at 6.59% with a 30-year term, your monthly payment for principal and interest alone would be around $1,914. This is the interest rate at which banks lend money to each other overnight. While the federal funds rate isn't directly mortgage rates, it influences them.

Mortgages

Marco Santarelli

JUNE 16, 2025

Some might be more comfortable lending in certain states than others, based on a variety of factors. Here's the breakdown: Principal & Interest: $2,264.38 All of these factors play a role in figuring how lenders can offer loans. Risk Management Strategies: Different lenders have different ways of assessing and managing risk.

Mortgages

Marco Santarelli

APRIL 1, 2025

With a 30-year mortgage at 6.55% , your estimated monthly payment (principal and interest) would be around $2,541. They control the federal funds rate, which is the rate banks charge each other for overnight lending. Let's look at an example to illustrate this. Imagine you're borrowing $400,000.

Fixed-rate mortgage

Norada Real Estate

JULY 28, 2025

Looking ahead to August 2025 and beyond, forecasts from major housing and mortgage lending experts suggest rates will mostly stabilize with no dramatic falls expected soon: Source Q3 2025 (August) Forecast Year-End 2025 Forecast 2026 Forecast National Association of Realtors (NAR) ~6.4% Expert Expectations About Mortgage Rates: What’s Coming?

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

Marco Santarelli

JUNE 27, 2025

This calculation factors in the principal amount along with interest. As these rates fluctuate, potential buyers need to stay informed about market trends, lending standards, and economic forecasts that could impact their decisions.

Mortgages

Norada Real Estate

AUGUST 1, 2025

Investors watch Treasury yields, inflation data, and labor market indicators closely, because these factors govern mortgage lending costs. Housing market activity often reacts to these shifts, influencing home prices, sales volume, and lending standards. If the rate was just 0.5% 7.28 -0.04 15-Year Fixed (Mortgage) 5.94 +0.04

Mortgages

Marco Santarelli

JUNE 30, 2025

These fluctuations highlight the specific dynamics within government-backed lending. If you choose a 30-year FRM at 6.79%, your monthly payment for principal and interest would be around $1,954. VA loans saw minor increases, while the 15-year fixed rate for FHA loans saw a significant decrease of 0.71%.

Fixed-rate mortgage

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. As of June 12, 2025, the average rate for a 30-year fixed mortgage is now 6.76% , while the 15-year fixed rate has dropped to 5.96%.

Mortgages