Housing Wire

MARCH 15, 2024

So why aren’t more commercial real estate (CRE) entities – investors , principals, banks, law firms or developers – seeking the same? A significant opportunity To be sure, there are title agencies eager to partner with CRE principals and funds. CRE firms are also suffering through the highest interest rates seen in years.

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Housing Wire

JULY 22, 2024

Department of Housing and Urban Development (HUD) on Monday announced a new $175 million notice of funding opportunity (NOFO) under its Continuum of Care (CoC) program, which will go toward the development of new rental housing units with “supportive services for people experiencing homelessness ,” the department explained.

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Construction Renovation Principal Development 464

Housing Wire

APRIL 19, 2022

The administration said that the new loss mitigation option could be an alternative for borrowers who cannot reduce their principal and interest payments by 25% through FHA’s existing 30-year mortgage modification with a partial claim. Comments from the mortgage industry are due by May 31.

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Loans Principal Mortgages Real-estate owned 508

Housing Wire

FEBRUARY 2, 2021

The total principal value of the digital pools came to about $24 million. Ginnie Mae announced its first guarantee of a mortgage-backed security backed by digital pools, or pools of loans that consist entirely of eNotes. The MBS were loans closed by Rocket Mortgage in December, are issued as of Jan.

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Principal Closing Loans Mortgages 510

Housing Wire

SEPTEMBER 28, 2020

PROJETO specifically is for homes that have not been built yet, these are homes that are still in development and that is something that when we did all of our research and looked around, no one else is doing it the way we’re doing it in the country,” Principal Broker and CEO of Urban District Realty Ryan Fiero told HousingWire.

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Housing Wire

FEBRUARY 13, 2024

Department of Housing and Urban Development (HUD) announced a series of new relief measures for residents of the state of Hawaii. The announcement was made by Marion McFadden, HUD principal deputy assistant secretary for community planning and development, as she was touring the island of Maui. HUD awarded $6.9 HUD provided $1.3

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Principal Development Land Design 455

Housing Wire

JULY 25, 2024

Right now, with the principal limit factors where they are, especially with younger borrowers (in their 60s to mid-70s), you run the numbers for people and they see that principal limit. Department of Housing and Urban Development ] need to look at this and find a way to bump up the principal limit factors.

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Mortgages Principal Development Industrial 431

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.” If you’ve watched our development over the past several years, you’ve witnessed deliberate, strategic growth across all of our channels.

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Principal Branding Investor Mortgages 448

Housing Wire

MAY 6, 2024

MBA and NRMLA each state that they are generally supportive of the proposed changes, which include wholesale revisions to the lender table for the best estimate of the total cost of a refinancing to the borrower, as well as increases to the borrower’s principal limit. Following an announcement that the U.S.

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VA loan Principal Residential Loans 448

Housing Wire

DECEMBER 30, 2020

For 2021, I talked with Scott Petronis , principal of Xcentric Consulting and one of the architects of HousingWire’s HousingStack ecosystem, about three areas of fintech he’s keeping an eye on in the new year. . 2020 served as a real litmus test for mortgage technology and fintech. End-to-end tech vs disparate tech solutions.

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Principal Technology Development Mortgages 459

Housing Wire

DECEMBER 9, 2024

Department of Housing and Urban Development (HUD) on Monday announced the disbursement of $72.6 million in new funding under the Indian Community Development Block Grant (ICDBG) program, adding up to $2 million to 38 individual community recipients to bolster housing development , expansion and preservation.

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Principal Land Development Renovation 369

Housing Wire

AUGUST 30, 2024

In a post on her website ConsultWithAME on Wednesday, Ellison wrote that she is “honored” to be joining a team with the guiding principal of “Everything worth building starts with a relationship.” After nearly 18 years ERA King Real Estate , Anna-Marie Ellison is moving to Alabama -based ARC Realty.

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Principal Development Agents Industrial 431

Housing Wire

JULY 31, 2024

Roughly one month ago, Ginnie Mae released a term sheet for a highly anticipated new development for the reverse mortgage industry: a new Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) product referred to as HMBS 2.0. Still a developed private-label structure has managed to withstand a lot of market distress, he said. “So,

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Principal Development Industrial Mortgages 444

Housing Wire

MARCH 29, 2024

Department of Housing and Urban Development (HUD)’s Office of Policy Development and Research is seeking public comment related to application and origination documents for the Federal Housing Administration (FHA)-backed Home Equity Conversion Mortgage (HECM) program, according to a notice published this week in the Federal Register.

Mortgages 446

Mortgages VA loan Principal Loans 446

Housing Wire

DECEMBER 21, 2021

HousingWire Editor-in-Chief Sarah Wheeler had the opportunity to catch up with Autumn Barkhuff, CoreLogic Principal of Program Management, to talk about potential housing market trends in 2022 and how real estate analytics can enable decision making. “So But it’s not just the data that sets CoreLogic apart in the industry, she explained.

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Principal Development Industrial Marketing 417

Housing Wire

JULY 31, 2024

Department of Housing and Urban Development (HUD) visited the University of Alaska at Fairbanks to tout the possibilities that 3D printing technology could bring to the construction of affordable housing in the U.S. Following a $600,000 research grant to the city of Nome, Alaska , that was issued last year, senior officials at the U.S.

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Construction Technology Principal Development 459

Housing Wire

DECEMBER 8, 2023

Department of Housing and Urban Development (HUD) believes housing has a role to play in combating the opioid overdose epidemic. On Friday, HUD issued a joint letter co-written with the U.S. Housing can help fight the epidemic that killed an estimated 70,601 people in 2021, according to the National Institutes of Health (NIH), HUD said.

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Principal Development Design As-is 433

Housing Wire

SEPTEMBER 10, 2022

This agency’s most recent credit risk transfer (CRT) offering, STACR 2022-DNA6, involves a $1.165 billion note backed by a reference loan pool of 112,865 residential mortgages with an outstanding principal balance of $35.6 billion so far in 2022. billion, according to a presale report by Kroll Bond Rating Agency (KBRA).

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Principal Loans Investor Residential 448

Housing Wire

NOVEMBER 19, 2020

NotaryCam Founder Rick Triola said the company recognized the need for industry-wide RON standards and that NotaryCam has been a long-time MISMO supporter and collaborator in the development of those standards to promote consistency across mortgage industry practices and state regulations. “As

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Principal Technology Development Mortgages 468

Housing Wire

FEBRUARY 1, 2024

As the principal limit has been increasing, the percentage of endorsements with an MCA over $417,000 has increased steadily since 2012.” Department of Housing and Urban Development (HUD) set the HECM limit at $625,500, an increase from $417,000. in 2009 to about 12-14% during Fiscal Years 2010 through 2014. In 2009, the U.S.

Mortgages 434

Mortgages Principal Loans Equity 434

Housing Wire

JANUARY 8, 2021

1, he served as the assistant secretary of policy development and research for the U.S. Department of Housing and Urban Development and as the principal executive vice president of Ginnie Mae. USB drive developed from standards organizations. Before starting as president of MISMO on Dec. Telecommunication, same thing.

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Development Technology Industrial Principal 482

Housing Wire

JUNE 28, 2024

Still, vice chair, Pulte Financial Services Sheri Thompson, executive vice president and head of affordable housing, Walker & Dunlop Eileen Tu, vice president of mortgage policy and credit development, Rocket Mortgage John Wiechmann, president and CEO, Midwest Housing Equity Group Inc.

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Lending Principal Finance Equity 418

Housing Wire

JANUARY 22, 2024

Lux’s career includes positions at Freddie Mac where he was executive vice president and chief information officer for seven years, and principal at Towers Watson , a global professional services company, where he was responsible for leading teams in the delivery of commercial risk modeling technology for the insurance industry.

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Technology Principal Commercial Loans 440

Housing Wire

MARCH 6, 2024

He will be responsible for developing a road map to expand Pennymac’s proprietary servicing platform, Servicing Systems Environment (SSE). It produced $99 billion in unpaid principal balance (UPB) in 2023. The changes come after the resolution of a long-standing arbitration process with Black Knight regarding its servicing platform.

Technology 448

Technology Principal Commercial Mortgages 448

Housing Wire

MARCH 27, 2024

VA borrowers will be the hardest hit if they have to shoulder buyer-side commissions, said Jon Overfelt, director of sales and principal at American Security Mortgage Corp. “VA The National Association of Realtors (NAR) urged the U.S. Concerns over the existing VA policies have been echoed among mortgage professionals.

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VA loan Loans Principal Mortgages 476

Housing Wire

JANUARY 31, 2024

CoreLogic Principal Economist Molly Boesel told HousingWire the 2022 price boom was largely “a spillover from the for-sale market,” which has been stuck in a prolonged inventory crunch in the present high-mortgage-rate environment. Census Bureau and the Department of Housing and Urban Development.

Principal 482

Principal Construction Property Management Mortgages 482

Housing Wire

JUNE 9, 2021

Federal Reserve Chairman Jerome Powell recently observed that across all kinds of financial services, activities that had once been principally the province of banks have moved into the nonbank sector, including IMBs. Bank CRA obligations cover far more than their mortgage lending. They are bound to do more.

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Banks Lending Loans Principal 514

Housing Wire

FEBRUARY 25, 2022

The Federal Housing Administration (FHA) announced on Thursday the launch of a new portal for the Department of Housing and Urban Development ’s Single Family Mortgage Asset Recovery Technology (SMART) system. I feel really good about where we are with FHA Catalyst,” she told HousingWire. “I million from the year prior.

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FHA loan Title Principal Development 418

Housing Wire

SEPTEMBER 16, 2022

In addition, purchasers must offer delinquent borrowers a waterfall of loss mitigation options, including loan modifications, which may include principal forgiveness, prior to initiating foreclosure on any loan.”. LLC (PIMCO) for Pool 1, DLJ Mortgage Capital Inc. The transaction is slated to close by October 26. acting as advisor.

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Sales Principal Loans Banks 418

Housing Wire

NOVEMBER 24, 2020

The tools and functionality developed by Homesnap for residential property agents, such as lead generation, client collaboration, and digital advertising, have direct applicability to commercial brokers.”. This scanning service will focus on custom model creation for properties that are still under development and/or construction.

Principal 459

Principal Residential Commercial Development 459

Housing Wire

AUGUST 5, 2024

That program, referred to by industry participants as “HMBS 2.0,” was initially announced as in development at the beginning of the year. Department of Housing and Urban Development (HUD)’s HECM model loan agreement. according to a copy of the letter obtained by RMD.

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Principal Development Equity Mortgages 429

Housing Wire

APRIL 21, 2022

Perry said that despite statements from banking regulatory agencies, the Federal Housing Finance Agency , the Department of Housing and Urban Development and the Consumer Financial Protection Bureau to reassure lenders that targeted lending programs do not violate fair lending laws, mortgage lenders remain hesitant.

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Lending Finance Principal Development 435

Housing Wire

APRIL 11, 2024

Department of Housing and Urban Development (HUD) announced on Wednesday that it had entered into a cooperative endeavor agreement (CEA) to take control of the Indianapolis Housing Agency (IHA) alongside the City of Indianapolis. Throughout the city, more than 20,000 residents utilize housing under the purview of IHA.

Principal 448

Principal Development Design As-is 448

Housing Wire

AUGUST 27, 2024

Department of Housing and Urban Development (HUD). This system provides FHA-approved lenders and business partners with secure online access to computer systems at the U.S. The 203(k) program allows for the inclusion of repair or renovation costs within a single mortgage to purchase or refinance a home.

Loans 447

Loans Renovation Principal Finance 447

Housing Wire

MAY 31, 2021

His list of accomplishments includes being the principal drafter of the mortgage forbearance program enacted through the CARES Act, which reshaped the mortgage industry and enabled more than 4 million homeowners to hit the pause button on their mortgage. Senate Finance Committee. This content is exclusively for HW+ members.

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Principal Banks Finance Technology 422

Housing Wire

APRIL 21, 2022

Meanwhile, Ethan Elzen will be the executive vice president of business development and operational finance. . According to the latest quarterly earnings, the servicing company ended the fourth quarter of 2021 with $710 billion in unpaid principal balance, up from $668 billion in the third quarter.

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Banks Principal Finance Equity 418

Housing Wire

DECEMBER 14, 2022

Mortgage Industry Standards Maintenance Organization (MISMO), the organization tasked with developing standards for the mortgage finance industry, appointed vice president of operations Jan Davis as its acting president. Congressman Blaine Luetkemeyer, assistant secretary for policy development and research with the U.S.

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Principal Development Finance Industrial 370