Housing Wire

DECEMBER 3, 2023

Mortgage holders withdrew a mere 0.41% of tappable equity in Q3, about 55% below the average withdrawal rate seen in the 12 years leading up to the Federal Reserve ’s most recent tightening cycle, according to the latest ICE Mortgage Technology ‘s mortgage monitor report. for FHA loans and 44.5% for VA loans.

Equity 451

Equity VA loan FHA loan Mortgages 451

Housing Wire

MAY 26, 2021

The average time to close on a mortgage has decreased for a fourth consecutive month to 51 days, according to a new study from ICE Mortgage Technology. The percentage of purchase mortgages increased to 43% of total closed loans. The percentage of purchase mortgages increased to 43% of total closed loans.

Closing 460

Closing Mortgages VA loan FHA loan 460

Housing Wire

APRIL 5, 2023

Achieving digital optimization is a main priority for federal housing agencies, and it’s happening at a time when incorporating technology is becoming a crucial part of the entire industry. House of Representatives passed a bill in September that streamlines the appraisal process for VA mortgage loans. For the U.S.

Technology 386

Technology Loans Mortgages Industrial 386

Housing Wire

DECEMBER 21, 2023

While delinquencies remain low overall, the number of delinquent loans ticked up in November, according to the latest ICE Mortgage Monitor report. Furthermore, the delinquency rate among FHA loans is at a nine-year high, and will be worth watching closely in 2024, the report said. Foreclosure starts decreased by 12.2%

Mortgages 441

Mortgages VA loan FHA loan Staging 441

Housing Wire

MAY 2, 2024

loan officer Timothy Potempa has departed Dallas-based multichannel lender OneTrust Home Loans to join E Mortgage Capital , bringing his team of about 40 people and more than $300 million in annual production to the company headquartered in California. ” According to Scotsman Guide , Potempa was the No. million. .

Loan Officer 430

Loan Officer Mortgages VA loan Lending 430

Housing Wire

NOVEMBER 28, 2023

Rapidio , a mortgage underwriting technology provider, on Monday released the income assessment component of its underwriting product, FlexStack Component System. The new tool is an automated income verification feature, which is available across various types of loans, including conventional loans, FHA and VA loans.

VA loan 417

VA loan Technology Loans Mortgages 417

Housing Wire

OCTOBER 15, 2024

Mortgage credit availability decreased in September, according to the latest Mortgage Bankers Association (MBA) analysis of ICE Mortgage Technology data. The MBA’s Mortgage Credit Availability Index (MCAI) fell by 0.5% to a reading of 98.5 in September.

Mortgages 425

Mortgages Loans Marketing Technology 425

Housing Wire

MAY 5, 2022

Mortgage rates surged to 5.27% over the last week, the highest average since 2009, according to the latest Freddie Mac PMMS. This week’s average purchase mortgage rate rose 17 basis points from the prior week’s 5.10%. This week, mortgage application volume rose 2.5% from the previous week. Presented by: Polly.

Mortgages 370

Mortgages VA loan Fixed-rate mortgage Banks 370

Housing Wire

NOVEMBER 4, 2020

In its annual Mortgage Fraud Report, CoreLogic found that the risk of mortgage fraud for the 12 months ending June 2020 decreased 26.3% Applications for investment properties showed the highest risk, while VA-based programs showed the lowest. Many VA borrowers are employed by the military, reducing income risk also.”.

Mortgages 430

Mortgages VA loan Loans Lending 430

Housing Wire

AUGUST 26, 2022

The mortgage industry is changing rapidly and originators are focused on adapting to a shifting market in order to stay competitive. HousingWire: Should originators focus on any specialty mortgage products such as home equity lines of credit or non-QM? Both HELOCs and non-QM loans are made to order for today’s mortgage market.

Mortgages 370

Mortgages VA loan Loans Technology 370

Housing Wire

NOVEMBER 7, 2023

And how should mortgage firms rethink tech strategy? Below I run down these hot topics and look forward to going deeper with fellow mortgage CEOs on a HousingWire webinar December 5. What’s next for the inflation fight and mortgage rates? trillion per Urban Institute , and total mortgages outstanding are $13.9

Debt-to-income ratio 417

Debt-to-income ratio Mortgages VA loan Loans 417

Housing Wire

FEBRUARY 28, 2023

Virginia-based mortgage bank Prosperity Home Mortgage, LLC has acquired the assets of Arizona-based JFQ Lending, LLC to explore the direct-to-consumer channel. Full-service mortgage company Prosperity, a subsidiary of HomeServices of America , originated about $8.5 The financial terms of the transaction were not disclosed.

Lending 387

Lending VA loan Loan Officer Loans 387

Housing Wire

JUNE 5, 2025

RatePlug a company known for integrating mortgage data into home search platforms has launched Afordal, a new tool that brings together property listings , live mortgage rates and preapproval functions into one system. The platform allows users to search for homes based on what they can afford, rather than just the listing price.

VA loan 262

VA loan Mortgages Loan Officer Principal 262

Housing Wire

MARCH 28, 2024

The digital lender made changes in its commercial operating model to achieve this goal and will continue to invest in Tinman, its proprietary technology platform. The operating model change involved Better pivoting to hiring experienced loan officers on commission-based compensation plans. Better posted a GAAP net loss of $59.5

Loan Officer 441

Loan Officer VA loan Loans Technology 441

Housing Wire

OCTOBER 27, 2020

Your credit plays a huge part in your ability to get a mortgage. It influences what loans you’re eligible for, how much you can take out, and how much you’ll pay in interest over the life of your loan. Perfect credit would certainly make getting a loan easier (and cheaper), but it’s not a requirement by any means.

Debt-to-income ratio 420

Debt-to-income ratio VA loan FHA loan Loan Officer 420

Housing Wire

JULY 22, 2024

While the emergence of technology tools is not new to the industry, the latest wave of artificial intelligence (AI)-driven technology is unlike many others that have come before. In this role of being a trusted adviser, technology is helping us be more time efficient and be better at our jobs, but it isn’t replacing us.

Industrial 438

Industrial Technology VA loan FHA loan 438

Real Trends

DECEMBER 14, 2022

For many homebuyers and housing industry professionals, there are lots of myths and misunderstandings about the VA loan and lending process. Vetted VA seeks to change that narrative. Learning the ropes of VA loans. Agents shouldn’t hesitate to ask questions and seek guidance in the world of VA loans.

VA loan 107

VA loan Loans Lending Loan Officer 107

Housing Wire

JULY 29, 2024

But technology — particularly leveraging generative AI — can help solve these challenges in new ways. The sprint culminated with a demo day on Thursday where 12 teams presented their solutions to a panel of technology, regulation and housing experts. million renters who could afford a mortgage if they had down payment assistance.

Loans 347

Loans VA loan Technology Property Management 347

Housing Wire

SEPTEMBER 22, 2023

The Federal Reserve ‘s effort to temper inflation has cooled the housing market that remains subdued with mortgage rates north of 7%. this week, Fannie Mae Chief Economist Doug Duncan believes that mortgage rates will stay elevated before the Fed makes further rate cuts. “We’ve Kim: Spreads in the mortgage space are wide.

FHA loan 460

FHA loan Bankruptcy Marketing Loans 460

Calculated Risk Real Estate

JULY 7, 2025

Here is the ICE July Mortgage Monitor report (pdf). Press Release: ICE Mortgage Monitor: Amid a Cooling Housing Market, Early Signs of Homeowner Risk Emerge Intercontinental Exchange, Inc. … released its July 2025 Mortgage Monitor report. According to ICE’s Home Price Index, annual home price growth slowed to 1.3%

Mortgages 52

Mortgages FHA loan Equity Loans 52

The Close

MAY 28, 2025

A great mortgage lender provides you with plenty of options, including different types of mortgage loans and products. 620 Conventional loans FHA loans VA loans Jumbo loans Average turn time is 42 days Visit Better Mortgage Conventional: 6.75% FHA: 6.625% VA: 6.5%

VA loan 85

VA loan FHA loan Mortgages Pre-approval 85

Lab Coat Agents

MAY 1, 2024

VA loan assumptions offer a fantastic opportunity for your clients to save thousands on their mortgage in a rising interest rate environment. What is a VA Loan Assumption? What is a VA Loan Assumption? This can provide significant savings compared to taking out a new loan at prevailing market rates.

VA loan 52

VA loan Loans Debt-to-income ratio FHA loan 52

Real Trends

NOVEMBER 11, 2022

“With housing affordability at an all-time low and interest rates on the climb, it’s important that homeowners have alternative options to access their home equity without selling or taking on additional debt,” said Michael Gifford, CEO of Splitero , a financial technology company that helps homeowners access home equity. .

Finance 113

Finance VA loan FHA loan Agents 113

RIS Media

DECEMBER 20, 2020

As Green Ocean TV notes, the modern agent is “educated, equipped and empowered” using the marketing, technology and systems that give them the edge in today’s highly competitive market. Imagine working with a lender that only extends loans to borrowers with 750-plus FICO scores.

Agents 111

Agents VA loan Brokerage Technology 111

HomeLight

OCTOBER 26, 2021

Before you start shopping for your home, you will be advised by your real estate agent to choose your mortgage provider and get preapproved for a mortgage so you know what price range you can afford. But that is only a preliminary step to getting final approval for a mortgage. What is mortgage underwriting? a / Unsplash).

Pre-approval 104

Pre-approval Mortgages Loans Loan Officer 104

Lab Coat Agents

FEBRUARY 7, 2023

How To Get The Best Mortgage Rate You can do a few things to ensure you get the best mortgage rate possible. Next, consider the type of loan that’s right for you. Third, you want to find an agent who uses technology to their advantage. The minimum down payment for an FHA loan is 3.5%. What Is A USDA Loan?

FHA loan 96

FHA loan VA loan Pre-approval Fixed-rate mortgage 96

Realtor.com

JANUARY 11, 2023

“Simply put, total homeownership costs are more than a monthly mortgage payment alone.” Compounding the problem is that homeowners who might normally sell aren’t doing so because they’re reluctant to buy a new home—and get a new mortgage—when interest rates are so high. Getty Images. Getty Images.

New Construction 110

New Construction Construction VA loan Finance 110

HomeLight

SEPTEMBER 21, 2020

Market your transferable VA Loan Terms. Mortgage rates won’t be as affordable as they are now forever. Norton urges his sellers to offer the option of transferring their favorable VA loan terms within the property’s marketing plan. . Anyone can assume the VA loan, not just a military member.

VA loan 111

VA loan Purchase and sale agreement Loans Agents 111

McKissock

FEBRUARY 13, 2023

Don’t miss this FREE update on VA appraisal topics on Wednesday, February 22nd from 11am-12pm ET. He was an independent fee appraiser on the VA panel for over 9 years prior to his current position. Sign up now.

VA loan 85

VA loan Principal Development Title 85

Redfin

JULY 11, 2023

In this comprehensive guide, by Redfin, we will delve into ten common questions about mortgages, offering valuable insights and expert answers. What is a mortgage? A mortgage is a loan specifically designed for purchasing a property, commonly a home. How does a mortgage work? How is a mortgage rate determined?

Pre-approval 59

Pre-approval Mortgages Pre-qualification Debt-to-income ratio 59

HomeLight

OCTOBER 29, 2021

The average time to close a loan was 48 days in July 2021 , according to ICE Mortgage Technology, a company that produces mortgage management technology. Conventional loans closed in an average of 47 days in July 2021, while FHA loans took 51 days, and VA loans required an average of 52 to close.

Closing 111

Closing Inspection Title Due diligence 111

Real Trends

MAY 9, 2023

And yet, in today’s world of technology, instant gratification and misinformation, local MLS broker marketplaces and real estate professionals can be taken for granted. You understand and provide guidance on the financial aspects of the transaction, like mortgage rates, closing costs and appraisals.

MLS 100

MLS VA loan Equity Agents 100

Lab Coat Agents

JUNE 17, 2024

The Federal Housing Administration (FHA) and the Department of Veterans Affairs (VA) have recently updated their policies regarding fees associated with assumable loans. Assumable loans provide an opportunity for: Sellers with FHA mortgages who are struggling to find buyers due to high interest rates.

Loans 52

Loans VA loan FHA loan Finance 52

Marco Santarelli

DECEMBER 12, 2024

These markets, largely concentrated in the South and West, are seeing a combination of factors like increased inventory, younger populations, and government-backed mortgage programs that are fueling the surge in homeownership. Strong economy, with growth in sectors like finance, technology, and healthcare.

Marketing 59

Marketing VA loan New Construction Construction 59

Realty Biz

JANUARY 19, 2024

Interviewing and selecting a buyer's agent and choosing a mortgage lender and real estate attorney are vital steps. From preparing your finances and exploring mortgage options to calculating your budget, these steps set you on the right path toward finding your dream home. Let's get started on your path to homeownership.

Debt-to-income ratio 100

Debt-to-income ratio Pre-approval Purchase and sale agreement Inspection 100

Realty Biz

JULY 23, 2023

Understanding the implications of 1099 income on mortgage loans is crucial. Government-backed and conventional mortgage options, as well as home equity for down payment assistance, are available. Government-backed and conventional mortgage options, as well as home equity for down payment assistance, are available.

Debt-to-income ratio 72

Debt-to-income ratio FHA loan Lending Loans 72

Marco Santarelli

JULY 20, 2024

Bill, which provided veterans with low-cost mortgages Suburban development and expansion Economic prosperity and rising incomes By the late 1960s , the homeownership rate in America had reached approximately 65% , a figure that would remain relatively stable for several decades. This increase was largely due to: The G.I. 35-44 years : 61.4%

Debt-to-income ratio 52

Debt-to-income ratio VA loan FHA loan Lending 52