Housing Wire

APRIL 11, 2025

The regulation was the target of criticism from the mortgage industry. The main criticism from mortgage trade groups centered on what they characterized as the rules redundancy. Independent mortgage banks ( IMBs ) already report similar information through the Nationwide Multistate Licensing System and Registry (NMLS).

Industrial 355

Industrial Banks Mortgages Residential 355

Housing Wire

DECEMBER 20, 2024

The state of leadership in the mortgage industry When people say, Theres no such thing as a perfect company, are they really acknowledging an inherentflaw or are they feeling the void left by inadequate leadership? Top producers often succeed due to their independence and focus on personal goals. Heres how: 1.

Industrial 395

Industrial Loan Officer Mortgages Loans 395

Housing Wire

APRIL 22, 2025

Today’s mortgage lending environment is shifting rapidly. However, one mortgage company is in a prime position to transform the market and deliver value to mortgage professionals. However, one mortgage company is in a prime position to transform the market and deliver value to mortgage professionals.

Lending 368

Lending Loans Mortgages Technology 368

Housing Wire

APRIL 3, 2025

In mortgage finance and real estate , the only constant is change. From fluctuating interest rates and evolving regulations to technological disruptions and shifting consumer demands, mortgage leaders today face unprecedented volatility and complexity. This ongoing flux demands adaptive, resilient, and deeply principled leadership.

Mortgages 377

Mortgages Technology Industrial Finance 377

Housing Wire

JANUARY 3, 2025

Reverse mortgage professionals made more inroads into the forward mortgage industry in 2024. This happened through dedicated conversations, partnerships between reverse and forward mortgage companies, and expanded activities in reverse that stemmed from acquisitions and expansions of existing divisions.

Mortgages 418

Mortgages Lending Loan Officer Loans 418

Housing Wire

APRIL 8, 2025

Fairway Independent Mortgage Corp. announced the incorporation of hybrid e-closings for reverse mortgages on Tuesday, aiming to incorporate its experience with the technology on the forward side of the mortgage business into its reverse mortgage division for the first time. Fairway Independent Mortgage Corp.

Closing 339

Closing Mortgages Lending Technology 339

Housing Wire

OCTOBER 18, 2024

Provident, run by the Pica family, is known in the industry for its conservative approach and sports a better-than-average delinquency rate in its servicing portfolio, so it’s perhaps not a huge surprise it would exit such a choppy space. Provident told broker partners that all loans in the pipeline must be locked by 11:59 p.m. .

Mortgages 524

Mortgages Marketing Lending Finance 524

Housing Wire

APRIL 24, 2025

Industry reactions Industry reactions to the documents provisions were mixed. When news of VASPs discontinuation was reported earlier this month, the Mortgage Bankers Association (MBA) came to the programs defense. Following news earlier this month that the U.S. Additionally, no VASP-related payments will be issued after Sept.

Industrial 263

Industrial Mortgages VA loan Loans 263

Housing Wire

DECEMBER 23, 2024

Over the past year, members of the reverse mortgage industry have been making a more concerted effort to connect with their counterparts in the forward mortgage space. And some reverse-only companies have aimed to establish firmer ties with the much larger forward mortgage industry.

Lending 396

Lending Mortgages Industrial Finance 396

Housing Wire

JANUARY 8, 2025

California -based direct lender AmeriTrust Mortgage announced a new addition to its leadership team. The company welcomed veteran mortgage executive Jett Farrington this week as its new chief operating officer. Schoep told HousingWire that Farrington has a proven track record of leadership, expansion and mortgage industry expertise.

Mortgages 397

Mortgages Loans Industrial Banks 397

Housing Wire

OCTOBER 18, 2024

Indiana-based lender Ruoff Mortgage is making a move designed to help more homeowners get into new homes with ease. Ruoff Mortgage is teaming up with fintech company Calque to offer two “buy before you sell“ programs to customers. The Trade-In Mortgage — Calque’s most popular program — functions similar to a vehicle trade-in.

Purchase and sale agreement 448

Purchase and sale agreement Mortgages Equity Finance 448

Housing Wire

OCTOBER 31, 2024

Reverse mortgage industry leader Finance of America (FOA) announced updates on Thursday to the interest rate for HomeSafe Second, its proprietary second-lien reverse mortgage product. It will also be available in four new states, bringing the total to 10 with more planned for 2025.

Mortgages 434

Mortgages Equity Loan Officer Loans 434

Housing Wire

OCTOBER 17, 2024

HousingWire real estate reporter Jeff Andrews sat down with Umansky to talk about his brokerage, agent recruiting efforts, how the industry is changing in the wake of the NAR commission lawsuit settlement — and even a little fashion. It’s really out of pure love and wanting to give back to an industry that we love.

Industrial 459

Industrial Brokerage Branding Agents 459

Housing Wire

FEBRUARY 7, 2025

The labor market is showing signs of softness but is not breaking down yet, which has kept mortgage rates higher for longer. Since 2022, my guiding principle has been that the labor market is more important than inflation in determining mortgage rates. This is the reason mortgage rates are around 7% and not around 6% today.

Mortgages 478

Mortgages Marketing Residential Construction 478

Housing Wire

MARCH 27, 2025

Self-branded “financial fitness” platform FinLocker announced Wednesday that it will cover 100% of the verification costs for mortgage borrowers who use lenders’ FinLocker-powered apps. The company calls the move an “industry-first initiative.” This direct-source verification covers 85% of the U.S.

Mortgages 391

Mortgages Loan Officer Technology Loans 391

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 459

Mortgages Loan Officer Loans Technology 459

Housing Wire

MARCH 17, 2025

If mortgage rates don’t drop, we may see this sector facing supply issues and shrinking profit margins. To avoid a job loss recession, closely monitoring the homebuilding industry is essential. With rising mortgage rates, more supply and some pressure on profit margins, its challenging for housing permits to grow.

Mortgages 478

Mortgages Staging Development As-is 478

Housing Wire

NOVEMBER 21, 2024

Tim Nelson, a longtime reverse mortgage industry professional and reverse department manager at VIP Mortgage in Scottsdale, Arizona , spent 20 years in the home lending arena before shifting his focus entirely to reverse. Nelson is now a reverse mortgage borrower in addition to being an industry professional.

Mortgages 370

Mortgages Loan Officer Equity Lending 370

Housing Wire

APRIL 1, 2025

Today, A&D Mortgage announced the official closing of its acquisition of the wholesale and non-delegated correspondent mortgage business from Mr. Cooper Group. Cooper previously acquired the wholesale and nondelegated mortgage business assets as part of its Flagstar Bank transaction in November 2024.

Closing 394

Closing Mortgages Lending Banks 394

Housing Wire

OCTOBER 22, 2024

Guaranteed Rate Affinity announced a promotion on Tuesday as the joint venture company named 22-year industry veteran Mark Rawls as vice president of mortgage lending. Rawls’ prior experience spans several companies — including Movement Mortgage and WR Starkey Mortgage.

Lending 433

Lending Mortgages Loan Officer Development 433

Housing Wire

APRIL 17, 2025

Housing industry pros are largely supportive of the raft of changes the Federal Housing Administration made related to the COVID-19 era loss mitigation waterfall. What they’ve instituted is a responsible and fair way of addressing the needs of people who are in trouble with their mortgage and can work it out.

Industrial 279

Industrial Mortgages Equity Banks 279

Housing Wire

NOVEMBER 13, 2024

In a new episode of “The Loan Officer Podcast,” host Dustin Owen chats with John Cornish of Iowa-based Key Mortgage Group about his path into the industry, tips for scaling a mortgage lending business and how to avoid stagnation as a loan originator. Cornish started his career in mortgage banking at Wells Fargo in Iowa in 2003.

Mortgages 370

Mortgages Sales Loan Officer Lending 370

Housing Wire

DECEMBER 20, 2024

At the beginning of 2024, mortgage technology company LoanPASS was announced as a technology partner for reverse mortgage lender Smartfi Home Loans. Getting the hang of reverse Mitchell is a 25-year veteran of the mortgage technology space, primarily working for LOS companies.

Mortgages 397

Mortgages Technology Principal Industrial 397

Housing Wire

NOVEMBER 19, 2024

The passage of the mortgage trigger lead bill as proposed in the U.S. Congress will face a challenge from a new plan expected to be released this week by representatives of the consumer reporting industry, HousingWire has learned. ” “The industry proposal does not address the underlying problem of telephone solicitations.

Mortgages 397

Mortgages Loans Industrial As-is 397

Housing Wire

APRIL 3, 2025

Cooper a $9 billion deal that could reshape the mortgage landscape for years to come. Coming on the heels of Rockets Redfin acquisition , the move signals the companys intent to control the full mortgage journey from lead generation to long-term servicing. Kleimann is clear-eyed about the challenges Rocket faces.

Industrial 270

Industrial Mortgages Loans Closing 270

Housing Wire

APRIL 4, 2025

Reston, Virginia -based mortgage software company RETR announced this week that it has hired two new senior leaders to guide the company’s growth efforts. Heidi Iverson Iverson has 20-plus years of experience across various industries. Before joining RETR, she founded PlacedE, a boutique mortgage recruiting and coaching firm.

Mortgages 374

Mortgages Technology Loan Officer Loans 374

Housing Wire

NOVEMBER 22, 2024

As low inventory levels, elevated mortgage rates and rising home prices keep the housing industry stagnant, short-term real estate investors — aka fix-and-flippers — faced market turmoil during the third quarter of 2024. The index score declined from 63 in the second quarter to 62 in the third quarter.

Investor 434

Investor Mortgages Renovation Loans 434

Housing Wire

DECEMBER 9, 2024

Although no person can truly predict mortgage rates for there are several factors involved; Industry forecasts predict interest rates will hover between 5.5% Although no person can truly predict mortgage rates for there are several factors involved; Industry forecasts predict interest rates will hover between 5.5%

Mortgages 370

Mortgages FHA loan Closing costs Staging 370

Housing Wire

NOVEMBER 14, 2024

With several top 10 reverse mortgage lenders now active in some form within the U.S. In the case of FOA — the current industry leader — the earnings results were robust. While Ellington’s results were softer in comparison , company leaders remain bullish on profitability prospects for Longbridge and the wider industry.

Investor 370

Investor Mortgages Bankruptcy Equity 370

Housing Wire

FEBRUARY 18, 2025

Rocket Mortgage on Tuesday unveiled RocketRentRewards, which the company says is the homeownership industrys first offer to provide closing cost credits for renters. With the national average rent at $1,800, that translates to $2,160 applied toward a clients closing costs.

Closing costs 415

Closing costs Closing Mortgages Industrial 415

Housing Wire

APRIL 8, 2025

UWM’s Jason Bressler and Google’s Oliver Parker United Wholesale Mortgage (UWM) , the top mortgage lender in America, on Tuesday announced a strategic AI agreement with Google Cloud that the companies say will bring modernization to the mortgage industry. model to enhance underwriting automation.

Mortgages 497

Mortgages Lending Loans Technology 497

Housing Wire

APRIL 25, 2025

Reverse mortgage professionals are preparing to travel to Irvine, California, for the industrys first event of the year, hosted by the National Reverse Mortgage Lenders Association (NRMLA). Were looking at just about 150 registrants from 75 different companies across the country.

Industrial 204

Industrial Mortgages Loan Officer Equity 204

Housing Wire

FEBRUARY 6, 2025

Interestingly, Batey noted that he and his office have observed a higher level of interest in reverse mortgages from seniors in the area. HousingWire s Reverse Mortgage Daily (RMD) reached out to Batey and did not receive an immediate reply. Which is a significant jump.

Mortgages 444

Mortgages Staging Equity Loans 444

Housing Wire

MARCH 31, 2025

Rocket Companies is buying Mr. Cooper , America’s largest mortgage servicer, in a market-shattering deal that could reshape the mortgage industry for years to come. That’s one out of every six mortgages in America. Cooper, will be president and CEO of Rocket Mortgage, reporting to Krishna. ”

Finance 468

Finance Title Mortgages Equity 468

Housing Wire

APRIL 7, 2025

The National Association of Mortgage Brokers (NAMB) today announced the official launch of Hive, an online community platform designed to foster nationwide collaboration, knowledge sharing and professional development for mortgage professionals. “I’m thrilled to lead the Hive initiative at NAMB,” said Frazier.

Mortgages 300

Mortgages Development Branding Industrial 300

Housing Wire

NOVEMBER 12, 2024

Cornerstone Financing , a venture co-founded by former Reverse Mortgage Funding (RMF) CEO Craig Corn, has secured $285 million in financing through global investment firms Aquiline Capital Partners LP and Nomura. In 2013, Corn and his partners launched RMF , which became a leading reverse mortgage lender. 31 of that year.

Equity 369

Equity Finance Mortgages Bankruptcy 369

Housing Wire

DECEMBER 3, 2024

As the mortgage world continues to see rapid tech advancements, staying ahead of the curve requires more than just keeping up — it demands leading the way. Companies like CLARIFIRE — a multi-year Tech100 Mortgage honoree — that delivers advanced automation solutions to servicers. Click here to nominate a tech organization.

Mortgages 366

Mortgages Technology Industrial Investor 366