Housing Wire

JUNE 18, 2025

Loan volume through the U.S. That’s according to an analysis of VA loan data released Wednesday by Veterans United Home Loans. The analysis, based on lending data from the first half of fiscal year 2025, found that VA purchase loans are up nearly 10% while refinance activity is up nearly 150%.

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VA loan Loans Lending Mortgages 378

Housing Wire

MAY 19, 2025

You’ve lowered the MIP; you’re making that mortgage insurance for that high-LTV loan cheaper. “Builders are doing a lot more of these buydown loans, so they’re able to sacrifice a little on the loan because they can make up for it on the home price,” Curro said. It was a more affordable mortgage.”

Loans 366

Loans Mortgages Banks Finance 366

Housing Wire

APRIL 22, 2025

Purchase loans are now outpacing refinances, and interest rates are reaching the stratosphere. In this executive interview, NEO Home Loans President Ryan Grant discusses the company’s partnership with Better Mortgage , which is aimed at combining technological innovation and local market knowledge. Now they dont have to.

Lending 369

Lending Loans Mortgages Technology 369

Housing Wire

APRIL 17, 2025

Independent mortgage banks ( IMBs ) and mortgage subsidiaries of chartered banks reported an average profit of $443 on each loan they originated in 2024, up from an average loss of $1,056 per loan in 2023, according to the Mortgage Bankers Association (MBA)’s annual Mortgage Bankers Performance Report.

Loans 365

Loans Banks Mortgages Industrial 365

Housing Wire

JUNE 4, 2025

Dustin Owen is the SVP of Growth and Division Sales Leader with Lower and the creator and host of “The Loan Officer Podcast” And to those that say they cannot afford a coach I typically respond with, How can you not afford to invest in your product?

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Loan Officer Loans Sales Mortgages 396

Housing Wire

JUNE 18, 2025

Additionally, the overall average loan size at $380,200 was the lowest since January 2025.” The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances decreased to 6.84% from 6.93%. Added Kan, “Refinance activity declined for both conventional and government borrowers. of total applications.

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VA loan Loans Fixed-rate mortgage Mortgages 324

Housing Wire

APRIL 9, 2025

” Continued Kan, “Refinance applications rose by 35% to the highest level in six months, as borrowers with larger loan sizes tend to be more sensitive to rate changes. The average refinance loan size jumped to its second highest in the survey at $399,600. of total applications. from 14.4% from the week prior.

Fixed-rate mortgage 474

Fixed-rate mortgage Mortgages Loans VA loan 474

Housing Wire

NOVEMBER 14, 2024

These including a certain number of purchase loans for low-income households (defined as households with an income at or below 80% of the area median income (AMI). One of the subgoals covers two types of purchase loans. One of the subgoals covers two types of purchase loans.

Loans 538

Loans Finance Mortgages Development 538

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. About 58% of respondents still relied on loan officers to guide them through the process.

Mortgages 441

Mortgages Loan Officer Loans Technology 441

Housing Wire

FEBRUARY 6, 2025

New data released Thursday by the Mortgage Bankers Association (MBA) revealed that the delinquency rate for mortgages on one- to four-unit residential properties increased to a seasonally adjusted rate of 3.98% of all loans outstanding at the end of 2024. Department of Veterans Affairs loans. And likewise, it’s gone up for VA.

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VA loan FHA loan Debt-to-income ratio Loans 396

Housing Wire

JUNE 30, 2025

This situation differs from the years following the housing bubble crash, when nearly 15 million loans were under stress, and many late-cycle homebuyers had little to no equity. Down payment and loan-to-value data are very different As shown in the chart below, the loan-to-value ratio for American households is very low.

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Equity Bankruptcy Loans Mortgages 467

Housing Wire

OCTOBER 15, 2024

It also must provide $7 million for a home loan subsidy program in majority-Black neighborhoods, and it must pay at least $1 million to serve the neighborhoods it redlined , according to the terms of the agreement released on Tuesday. billion in home loan production. million civil penalty. The company ranked No. This compared to 12.2%

Lending 451

Lending Loan Officer Loans Mortgages 451

Housing Wire

JANUARY 2, 2025

Applications for refinances drove the decrease in the overall index as they fell 36%, while applications for purchase loans were down 13%. Data at HousingWire ‘s Mortgage Rates Center also shows consistent upward movement in the cost of a home loan during the last two weeks of the year.

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FHA loan Mortgages VA loan Loans 451

Housing Wire

DECEMBER 20, 2024

House of Representatives proposes to relieve Federal Housing Administration (FHA) borrowers of mortgage insurance premiums (MIPs) once they reach a certain level of home equity , aligning FHA policies with those of conventional loans. Mortgage insurance exists as protection from foreclosure on low equity loans. Introduced by Reps.

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FHA loan Mortgages Equity Loans 403

Housing Wire

APRIL 28, 2025

billion deal to acquire digital real estate brokerage firm Redfin , industry observers are still trying to understand the future of one key asset: Bay Equity Home Loans. As of April 22, the platform had 272 sponsored loan officers across 90 branches, according to the Nationwide Multistate Licensing System (NMLS).

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Loan Officer Equity Loans Brokerage 386

Housing Wire

MARCH 12, 2025

As we enter the spring homebuying season, the purchase index was more than 4% higher than a year ago, and activity was up across all loan categories. Additionally, average loan sizes were higher, with the purchase loan amount hitting $460,800, the highest in the survey dating back to 1990. of total applications from 43.8%

Fixed-rate mortgage 417

Fixed-rate mortgage Mortgages Loans Marketing 417

Housing Wire

JUNE 19, 2025

With the launch of two groundbreaking platforms— the Loan Estimate Optimizer ( LEO ) and Mia , an AI -powered assistant for loan officers , UWM is setting a new benchmark for how technology and especially AI can transform the lending experience. The first one we rolled out was LEO, which stands for Loan Estimate Optimizer.

Lending 450

Lending Loan Officer Mortgages Loans 450

Housing Wire

APRIL 10, 2025

In this executive conversation, van der Reis explores his experience in CRE finance, technology, loan servicing , and risk management. HW: Arbor has an in-house loan servicing platform, which every lender doesn’t offer. Sellers and servicers can be in continuous contact with their borrowers throughout the loan’s lifecycle.

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Investor Commercial Finance Technology 451

Housing Wire

JUNE 10, 2025

Rocket Pro is partnering with Vetted VA , which provides education to veterans and training to loan officers to give veterans better access to home loan benefits. “They know more about VA loans than anybody else,” Sweeney told HousingWire in an interview. That was a lot for loan officers.

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VA loan Loan Officer Loans Lending 451

Housing Wire

JULY 14, 2025

The growing “gig economy” is reshaping the future of homebuying , and savvy brokers are recognizing the need to adapt quickly with loan products that fit this demographic. Here’s why: Quality loans Today’s non-QM loans are a far cry from the risky products of the pre-2008 era. workforce — will be freelancing.

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Investor Lending Loans Pre-approval 375

Housing Wire

JUNE 9, 2025

For Ginnie Mae loans, which often serve lower-income and first-time borrowers, DTIs have surged to 45.1%, the highest since 2008 1. in 2022 – while auto loans delinquencies hit 2.0%, and student loan delinquencies (90+ days past due) soared to 20%, a level unseen since 2012. Post-crisis reforms lowered the average to 35.5%

Marketing 450

Marketing Debt-to-income ratio Fixed-rate mortgage Loans 450

Housing Wire

MARCH 5, 2025

The move in government refinances was driven by a 75% increase in VA loans, which have been prone to large changes in recent months, he shared. Conventional refinance applications rose 34% and government refinance applications increased by 42% over the week. ” The refinance share of mortgage activity increased to 43.8%

Fixed-rate mortgage 498

Fixed-rate mortgage VA loan Mortgages Loans 498

Housing Wire

OCTOBER 18, 2024

Provident told broker partners that all loans in the pipeline must be locked by 11:59 p.m. Additionally, all loans currently locked must be funded by the lock expiration date. Relatedly, Fannie Mae and Freddie Mac have blacklisted a number of condo buildings in South Florida that it won’t back loans for. PST on Oct.

Mortgages 523

Mortgages Marketing Lending Finance 523

Housing Wire

MARCH 30, 2025

However, the data references Freddie Mac ‘s Serious Delinquency levels on multifamily loans. These loans pertain to multifamily mortgages, which are used for commercial properties with five or more units, such as apartment buildings. But as we can see in the chart below, the data clearly identifies these as multifamily loans.

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Fixed-rate mortgage Bankruptcy Loans Commercial 541

Housing Wire

OCTOBER 25, 2024

In this HousingWire Executive Conversation, Tom Davis, Chief Sales Officer at Deephaven , discusses the opportunities in the non-QM investor loan space as we head into the new year. He emphasizes the importance of a diverse product portfolio including DSCR and business-purpose loans, to better serve clients.

Investor 430

Investor New Construction Construction Loans 430

Housing Wire

JANUARY 23, 2025

billion in total or as much as $1,692 per loan. The report found that the state that could experience the most savings per transaction would be Texas at a savings of $1,692 per loan, followed by Florida ($1,275 per loan), and New Mexico ($978 per loan). The pilot program is slated to run through May of 2026.

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Title Land Loans Closing costs 451

Housing Wire

OCTOBER 31, 2024

The interest rate on the loan has been lowered from 9.99% to 9.49%. Interest rates on second-lien loans tend to be higher when compared to first liens, reflecting the higher amount of risk to the lender. In October 2023, FOA announced a rollout of HomeSafe Second to an expanded pool of direct retail loan officers and wholesale brokers.

Mortgages 417

Mortgages Equity Loan Officer Loans 417

Housing Wire

FEBRUARY 5, 2025

“The average loan size for a purchase loan has increased since the start of the year and continued that trend last week with weaker government purchase activity, which reached $447,300, the highest level since October 2024,” he said. Kan added that purchase activity had a rougher week. from the week prior.

Fixed-rate mortgage 360

Fixed-rate mortgage Loans Mortgages FHA loan 360

Housing Wire

MAY 13, 2025

Credit data in general doesnt look great when accounting for credit card debt, auto loans, and student loan debt all have had an increase in their percentage on 90-day lates. In contrast, the current state of housing credit appears to be much healthier when compared to credit cards, auto loans and student loan debt.

Bankruptcy 473

Bankruptcy Equity Loans Lending 473

Housing Wire

MARCH 13, 2025

The share of Federal Housing Administration (FHA) loan applications hit a record high for the survey, accounting for nearly one-third of all applications. The average loan size decreased, signaling that first-time homebuyers remain active in the market, Kan said. By loan type, conventional mortgages made up 56.7%

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FHA loan VA loan Mortgages Loans 367

Housing Wire

NOVEMBER 11, 2024

In its third-quarter earnings report, Zillow Home Loans revealed an impressive data point: mortgage revenue increased 63% year over year in the third quarter to $39 million, which is primarily due to an 80% year-over-year increase in purchase loan origination volume to $812 million. That’s an annualized $3.2

Mortgages 441

Mortgages Loan Officer Loans Agents 441

Housing Wire

DECEMBER 18, 2024

Market data at HousingWire ‘s Mortgage Rates Center showed an average fixed rate of 6.87% for 30-year conforming loans on Wednesday, a slight increase from the week ending on Dec. ” Refinance application activity across all loan types decreased 3% week over week, although it was still 41% higher compared to the same week in 2023.

VA loan 386

VA loan Mortgages FHA loan Loans 386

Housing Wire

MAY 29, 2025

For subservicers, managing loans can generate stable income through fees, and when agreements allow and align with their strategy, it opens doors for cross-selling activity. including affiliated Rushmore Loan Management Services ) and Flagstar s servicing assets. Theres a lot of consolidation in the [subservicing] industry.

Mortgages 423

Mortgages Loans Banks Industrial 423

Housing Wire

JUNE 25, 2025

With about 75,000 licensed retail loan officers and another 25,000 mortgage brokers in operation, the opportunity is clear—especially for those ready to serve rising borrower segments. Hispanic homebuyers: your next growth opportunity Success today isn’t about competing for the same loans as every other originator. That includes $1.15

Mortgages 403

Mortgages Loan Officer Loans Finance 403

Housing Wire

JANUARY 8, 2025

These borrowers found themselves a great deal on their loan and locked themselves into really terrific cheap payments. The average age of outstanding loans climbed steadily during the cheap-money decade, dropped during the pandemic frenzy and is now skyrocketing as homeowners hunker down. Tenure of ownership keeps climbing.

Mortgages 475

Mortgages Finance Equity Loans 475

Housing Wire

NOVEMBER 15, 2024

The credit markets were toxic back then, featuring loans with big recast payments which meant that you could have two people working full-time and still be at a credit risk. Now, most loans are 30-year-fixed mortgages and people’s wages rise almost every year. In 2008, the loan to value was nearly 85%.

Loans 518

Loans Mortgages Lending As-is 518

Housing Wire

JANUARY 17, 2025

This occurs while they manage the heavy loan of growing origination demand. How do we get a loan from I want a house to its closed and done before they walk away? How do we get a loan from I want a house to its closed and done before they walk away? Most companies think from the primary lens.

Marketing 368

Marketing Residential Commercial Loans 368