Housing Wire

DECEMBER 17, 2024

The Consumer Financial Protection Bureau (CFPB) on Tuesday announced a final rule governing the Property Assessed Clean Energy ( PACE ) loan program. The rule applies existing protections for residential mortgages to borrowers who seek PACE loans to upgrade or renovate their homes through clean energy technology.

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Loans Mortgages Finance Lending 386

Housing Wire

JANUARY 8, 2025

Real estate investment trust Redwood has expanded its home equity platform, Aspire, to include alternative loan products amid affordability challenges in the housing market, the company announced Tuesday. Through Aspire, launched in September 2023, Redwood directly originates home equity investments (HEIs).

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Equity Loans Lending Branding 417

Housing Wire

OCTOBER 25, 2024

Mortgage technology startup Novaprime is making its public debut with the launch of an AI-powered loan platform that it claims allows lenders to sell loans to investors in just days, instead of weeks, all with a high degree of accuracy. Loan details needing attention are routed to a professional for a better borrower experience.

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Loans Investor Closing Lending 417

Housing Wire

NOVEMBER 18, 2024

The Federal Housing Finance Agency (FHFA) on Monday announced that it will raise the 2025 multifamily loan caps for purchases by the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac to $73 billion each. Since that point, “both Enterprises have seen encouraging growth in this critical market segment,” the FHFA said. “In

Loans 441

Loans Finance Mortgages Marketing 441

Housing Wire

APRIL 22, 2025

Purchase loans are now outpacing refinances, and interest rates are reaching the stratosphere. However, one mortgage company is in a prime position to transform the market and deliver value to mortgage professionals. NEO Powered by Better wants to revolutionize the mortgage market. The goal is simple yet profound.

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Lending Loans Mortgages Technology 367

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 357

Housing Wire

MAY 19, 2025

With rates in the high-6% range on 30-year fixed products, borrowers are increasingly turning to 7/1 ARM products , said Mike Fratantoni , chief economist for the Mortgage Bankers Association , during the trade group’s Secondary & Capital Markets Conference on Monday in New York City. It was a more affordable mortgage.”

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Loans Mortgages Banks Finance 341

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 359

Loans Banks Mortgages Industrial 359

Housing Wire

APRIL 8, 2025

A strong wave of refinance activity and renewed buyer interest lifted mortgage rate lock volumes in March, according to Optimal Blues latest Market Advantage report. The pull-through rate for refinance loans rose to 63.3%, indicating stronger borrower commitment compared to earlier months. of total lock volume. after a February rally.

Loans 312

Loans Debt-to-income ratio VA loan FHA loan 312

Housing Wire

JANUARY 17, 2025

In a changing real estate market , mortgage lenders face increasing demand. This occurs while they manage the heavy loan of growing origination demand. The primary and secondary mortgage markets may be separate business components, but mortgage originators must understand both businesses intimately.

Marketing 365

Marketing Residential Commercial Loans 365

Housing Wire

NOVEMBER 8, 2024

Sean Shallis, a “Recovering Realtor” and top-producing loan officer , is offering strategies to help realtors break through this stagnation by leveraging micro-market shifts to create urgency and inspire action. Leveraging micro-market shifts Realtors have an opportunity to use local market changes to drive urgency for their clients.

Marketing 370

Marketing Loan Officer Equity Loans 370

Housing Wire

JUNE 4, 2025

Mortgage sales professionals also need to budget for the costs associated with marketing and networking oneself. So is budget so that the originator can invest in their product and their marketing. Dustin Owen is the SVP of Growth and Division Sales Leader with Lower and the creator and host of “The Loan Officer Podcast”

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Loan Officer Loans Sales Mortgages 372

Housing Wire

NOVEMBER 20, 2024

Mortgage professionals must keep up with the new demand for home equity products in the new market. JS: The home equity wealth of our senior homeowners now exceeds 14 trillion, reflecting a growing market. That growth presents an opportunity for reverse mortgages and home equity loans. JS: I think they’re here to stay.

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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.

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Debt-to-income ratio Loan Officer Marketing Loans 297

Housing Wire

JUNE 18, 2025

Mortgage rates decreased last week, driven by financial market volatility caused by current geopolitical conflict and ongoing tariff uncertainties. Additionally, the overall average loan size at $380,200 was the lowest since January 2025.” Added Kan, “Refinance activity declined for both conventional and government borrowers.

VA loan 295

VA loan Loans Fixed-rate mortgage Mortgages 295

Housing Wire

OCTOBER 18, 2024

As mortgage rates fluctuate based on decreasing housing inventory volume, the appraisal market is more volatile than ever in key areas such as urban and rural communities states like California and Texas. Jaro stands tall as the only end-to-end appraisal platform on the market. This trend had a profound impact on the housing market.

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Inspection Marketing Design Technology 430

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.

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Marketing Principal Mortgages Loans 385

Housing Wire

MAY 12, 2025

The mortgage market might still be sluggish, but for originators willing to look beyond the traditional, theres real momentum building in the non-QM space. HousingWire: The current market presents a unique window of opportunity especially for borrowers who fall outside traditional lending guidelines. today according to the U.S.

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Loans Investor Renovation Equity 303

Housing Wire

APRIL 7, 2025

While the housing market seems like the least of our financial worries right now as stock markets are melting down around the globe, we track housing here at HousingWire, so it opens the question: how quickly could we see impact in the housing market and in which data would we see it first? We can lose our jobs.

Marketing 417

Marketing Sales Mortgages As-is 417

Housing Wire

MARCH 14, 2025

Traditional loan officers who focus solely on transactions are being replaced by mortgage professionals who act as financial strategists, long-term advisors, and educators. Heres how the mortgage industry is changing and what loan officers must do to thrive. Understanding todays mortgage market challenges 1.

Mortgages 353

Mortgages Loan Officer Marketing Loans 353

Housing Wire

MAY 1, 2025

Industry debate around off-market listings or pocket listings has become increasingly heated. For Willoughby, founder of The Jaymes Willoughby Team with Keller Williams Realty , off-market listings are a gamble that rarely pays off for sellers. Some agents use off-market listings as a way to double-dip commissions, Willoughby said.

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Agents Marketing MLS FHA loan 395

Housing Wire

DECEMBER 17, 2024

Conventional loans accounted for 61.6% of applications, Federal Housing Administration (FHA) loans for 28% and U.S. Department of Veterans Affairs (VA) loans for 9.9% The average loan size for new homes decreased to $402,873, down from $409,942 in October. from the 56,000 sales in October. in November.

FHA loan 387

FHA loan VA loan Mortgages Loans 387

Housing Wire

MAY 28, 2025

The 5/1 option provides a fixed interest rate for the first five years, after which the rate adjusts annually based on market conditions. ARMs typically gain market share when rates are elevated, as borrowers can access lower initial rates compared to traditional fixed-rate mortgages. FHA loan rates averaged 6.68%.

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VA loan Loans FHA loan Fixed-rate mortgage 308

Housing Wire

APRIL 10, 2025

Volatility is becoming the new norm in today’s commercial real estate market. To help investors survive uncertain times, professionals must understand market trends and develop a game plan for success. His words contain valuable knowledge that investors need to thrive in this market. A change is needed.

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Investor Commercial Finance Loans 451

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.

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Loans Finance Mortgages Development 538

Housing Wire

JUNE 30, 2025

This should put an end to any discussions suggesting that the housing market is on the verge of a mass foreclosure crisis or that national home prices will crash like they did from 2007 to 2011. During that time, people were forced to sell in an underwater market. The loan-to-value data averaged roughly 57% from 2005 to 2006.

Equity 467

Equity Bankruptcy Loans Mortgages 467

Housing Wire

JUNE 2, 2025

HousingWires Marketing Leaders award celebrates the most creative and influential marketing minds of the housing economy. This year 55 honorees were selected.

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Marketing HR Branding Brokerage 321

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!

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Title Marketing Banks Loans 363

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.

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Investor New Construction Construction Loans 430

Housing Wire

JANUARY 8, 2025

Heading into the 2025 housing market, we havent had this many homeowners with mortgage rates over 6% since 2016. These borrowers found themselves a great deal on their loan and locked themselves into really terrific cheap payments. Theyll sell investment properties where the cash flow just doesnt pencil like it would with a 4% loan.

Mortgages 475

Mortgages Finance Loans Equity 475

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

MAY 13, 2025

According to the most recent credit data from the New York Fed , foreclosure data for the housing market is still below 2019 levels. 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.

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Bankruptcy Equity Loans Lending 471

Housing Wire

OCTOBER 30, 2024

When asked whether loan buybacks were a more significant issue last year than now, Freddie Mac executive Sonu Mittal says emphatically, “It depends on who you ask.” Freddie Mac has seen a nearly 55% reduction in repurchase requests from its peak in the first quarter of 2023. This expands upon a pilot program launched earlier this year.

Debt-to-income ratio 415

Debt-to-income ratio Loans Loan Officer Finance 415

Housing Wire

JUNE 25, 2025

You likely hear strategies rooted in competitive advantage: how to stand out, gain market share and outperform rivals. Despite these headwinds, one truth remains: there’s more than enough business for professionals who shift focus to underserved markets. It’s about contributing to an underserved market that’s driving U.S.

Mortgages 403

Mortgages Loan Officer Loans Finance 403

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

OCTOBER 15, 2024

The government-sponsored enterprise (GSE) said the Housing Choice Voucher program, which launched in 2022, assists very low-income families, seniors and people with disabilities in being able to afford stable and quality housing in the private market. It’s now available to borrowers in all parts of the U.S.

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Property Management Loans Marketing As-is 460

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. None of that action has been happening for 14 years because the credit market changed after the 2010 qualified mortgage rule.

Loans 518

Loans Mortgages Lending As-is 518