Housing Wire

DECEMBER 4, 2024

The company named veteran mortgage professional Connie Lindsay as its senior vice president of mortgage lending in Washington state. Top 10 mortgage lender Rate — previously known as Guaranteed Rate — announced a new promotion on Wednesday. Lindsay is the latest addition to Rate’s evolving leadership team of experienced executives.

Lending 396

Lending Mortgages Loan Officer Loans 396

Housing Wire

MARCH 25, 2025

Global investment bank Cambridge Wilkinson today announced the closing of a forward flow agreement up to $100 million for a private real estate lending platform specializing in short-term bridge , fix-and-flip, construction and land development loans.

Lending 229

Lending Equity Banks Construction 229

Housing Wire

JANUARY 28, 2025

Last week, business-purpose residential mortgage lender Dunmor announced that it received a minority equity investment from Newfi Lending , a nonagency mortgage lender owned by funds managed by Apollo Global Management. Apollo has 16 lending platforms in the U.S. Ruimy: The transaction was completed with Apollo Global Management.

Residential 327

Residential Lending Finance Banks 327

Housing Wire

FEBRUARY 20, 2025

Chase Home Lending recently announced a limited-time, nationwide interest rate discount that is designed to help homeowners save on their monthly mortgage payments.The offer is in effect through March 7. This offer extends to anyone with an existing mortgage at any lending institution looking to benefit from refinancing, she said.

Lending 289

Lending Equity Mortgages Design 289

Housing Wire

OCTOBER 15, 2024

Department of Justice (DOJ) over the regulators’ allegations of mortgage lending discrimination in majority-Black neighborhoods of the Birmingham, Alabama , metro area. Fairway Independent Mortgage Corp. has agreed to settle with the Consumer Financial Protection Bureau (CFPB) and the U.S million civil penalty. This compared to 12.2%

Lending 467

Lending Loan Officer Loans Mortgages 467

Housing Wire

FEBRUARY 28, 2025

This week on Power House , Diego Sanchez chats with Jay Plum, EVP of Consumer Lending at Fifth Third Bank. During the conversation, Plum explores Basel III’s impact on warehouse lending, the importance of affordability programs, and how Fifth Third plans to grow market share with mortgage servicing portfolios (MSRs).

Lending 219

Lending Banks Mortgages Industrial 219

Housing Wire

JUNE 6, 2024

Mortgage lending in the U.S. reduction in residential lending activity compared to first-quarter 2023 and a 69.3% reduction in residential lending activity compared to first-quarter 2023 and a 69.3% All major mortgage lending categories sustained losses, the report said. dropped by 6.7% in the first quarter of 2024 to 1.28

Lending 488

Lending Mortgages Residential Loans 488

Housing Wire

AUGUST 1, 2024

Mortgage servicer and lender Planet Home Lending is acquiring the retail division assets of employee-owned Axia Home Loans , HousingWire has learned. Executives at Planet Home Lending were also on the call. According to Inside Mortgage Finance , Planet Home Lending ranked as the 22nd-largest mortgage lender in the U.S.

Lending 468

Lending Loans Finance Mortgages 468

Housing Wire

OCTOBER 18, 2024

California-based Provident Funding Associates LLC is getting out of the Florida condo lending business , it told broker partners on Friday. Condos in Florida have to be next level,” said one retail lending executive. Provident told broker partners that all loans in the pipeline must be locked by 11:59 p.m. Condos are hard.

Mortgages 523

Mortgages Marketing Lending Finance 523

Housing Wire

JANUARY 15, 2025

The study claims that the crisis can be traced back to the early 2000s when subprime lending activities were prevalent. The resulting housing market crash and the Great Recession led policymakers to overcorrect by tightening mortgage lending standards and limiting funds for new construction.

Lending 414

Lending New Construction Staging Construction 414

Housing Wire

MARCH 19, 2025

Chief operating officer Tammy Richards is taking on a new role at Kind Lending. Richards announced Tuesday on LinkedIn that shes now the president of retail at Kind Lending, a move that comes a little less than a year after she joined the company. But her relationship with loanDepot ended in acrimony after she left in 2021.

Lending 198

Lending Industrial Bankruptcy Mortgages 198

Housing Wire

MARCH 30, 2025

However, there is a big difference between apartment lending and homeowners who have a 30-year fixed-rate mortgage. However, there is a big difference between apartment lending and homeowners who have a 30-year fixed-rate mortgage. Its not even a clever lie. Some people are trying to imply that we have major stress in homeowner data.

Fixed-rate mortgage 541

Fixed-rate mortgage Bankruptcy Loans Commercial 541

Housing Wire

OCTOBER 30, 2024

A California regulator has revoked the residential mortgage lending license of LoanSnap , the latest in a series of difficulties for the fintech lender. The state’s banking commission also charged the firm with violations of the Truth in Lending Act and the Fair Credit Reporting Act.

Lending 446

Lending Loan Officer Banks Loans 446

Housing Wire

SEPTEMBER 20, 2024

If we learned anything from HousingWire’s recent AI Summit , artificial intelligence (AI) is rapidly reshaping lending by streamlining processes, reducing costs, and enhancing the overall borrower experience. In addition, the regulatory environment is ever-changing and with it comes increased burdens on the lending industry.

Lending 451

Lending Industrial Mortgages Technology 451

Housing Wire

SEPTEMBER 30, 2024

The rise of private lending Private lenders disrupted the monopoly of traditional banks and the private lending market has since seen a remarkable rise, reaching $1.5 With the rise of private lending comes an increase in competition, from new and traditional lenders.

Lending 427

Lending Technology Banks Loans 427

Housing Wire

AUGUST 30, 2024

Mortgage banking executive and industry mergers & acquisitions advisor Rick Roque has taken a new executive position at NFM Lending. Roque will lead NFM’s retail growth strategy as corporate vice president of retail, NFM’s Managing Director Greg Sher announced on LinkedIn on Friday. billion.

Lending 435

Lending Land Banks Loans 435

Housing Wire

SEPTEMBER 23, 2024

Los Angeles area-based mortgage lender Premier Plus Lending announced last week that it is expanding into the senior-focused home equity market with a new division, Retirement Mortgage Solutions , which will include reverse mortgages and other home equity-based lending instruments.

Lending 436

Lending Mortgages Equity Loan Officer 436

Housing Wire

OCTOBER 17, 2024

Guild Mortgage announced on Thursday that it has hired Nora Guerra, who worked at Freddie Mac for more than five years, as its senior vice president of community lending solutions. The executive has also advocated for Latino housing equality, receiving awards for her activism.

Lending 433

Lending Mortgages Development Industrial 433

Housing Wire

APRIL 8, 2025

UWM will integrate Google Cloud AI and machine learning tools into its lending platform, enhancing underwriting automation, streamlining document processing, and improving client support with AI-driven chat experiences. model to enhance underwriting automation. model to enhance underwriting automation.

Mortgages 496

Mortgages Lending Loans Technology 496

Housing Wire

NOVEMBER 20, 2024

Jonathan Scarpati: I started with Senior Lending Network out of New York. In today’s economy, mortgage rates and housing expenses have consistently risen. As a result, older citizens are tapping into their retirement savings to cover costs—if they have it. HousingWire: How did you get into Finance of America and the industry?

Equity 365

Equity Finance Marketing Lending 365

Housing Wire

JANUARY 9, 2025

Kevin Peranio , chief lending officer for Paramount Residential Mortgage Group (PRMG), lives in the Orange County area and said hes witnessed the effects of being displaced by the wildfires. This law applies to those who sell food, emergency supplies, medical supplies, building materials, and gasoline.

Marketing 495

Marketing Lending Land Residential 495

Housing Wire

DECEMBER 18, 2024

As short-term interest rates decrease, some lending opportunities, such as land purchases and apartment financing, are improving. Interestingly, employment for residential construction workers typically one of the first areas to experience declines before a recession has not yet seen its usual downturn. We will soon find out. percent (10.6

Construction 501

Construction Residential Sales Mortgages 501

Housing Wire

FEBRUARY 3, 2025

Feldman & Feldman began working with clients throughout Texas to file lawsuits under the truth in lending act against EasyKnock in 2021. According to Feldman & Feldman, EasyKnocks defamation suit forced the law firm to withdraw from the truth in lending suits it was involved in.

Lending 368

Lending Equity Investor Residential 368

Housing Wire

DECEMBER 18, 2024

Citis previous use of the URL was to redirect to learning center content within the home lending pages on the Citi domain, according to Head of Mortgage Marketing at Citi, Chip Burgard. The company has an aggressive marketing goal to reach the No. Market share and brand authority Why launch this site now?

Marketing 405

Marketing Lending Branding Banks 405

Housing Wire

OCTOBER 28, 2024

It claims 100-plus mortgage lending customers, including Better , CrossCountry Mortgage , LoanStream Mortgage and Union Home Mortgage. Currently, Ocrolus supports more than 95% of mortgage document types.

Inspection 441

Inspection Mortgages Technology Lending 441

Housing Wire

DECEMBER 17, 2024

Josh Kilty (left), senior vice president of reverse lending at Fairway, presents a lifetime achievement award to Pistol Pete Stebbins. Stebbins referred to as Pistol Pete by his colleagues was also lauded by Dan Ventura, Fairways president of reverse lending. Pistols achievements are only outshined by his kindness and generosity.

Lending 396

Lending Title Mortgages Banks 396

Housing Wire

OCTOBER 7, 2024

This approach integrates QC principles throughout the lending process, from application to servicing. This focus aligns with Fannie Mae’s QC requirements and reflects the growing importance of data in the lending process. ” Rather than viewing this as a setback, forward-thinking lenders can use this time to their advantage.

Lending 458

Lending Mortgages Technology Loans 458

Housing Wire

SEPTEMBER 17, 2024

Anthony Casa, President & CEO of UMortgage , isn’t mincing words when it comes to the lending practices that often victimize our veterans. Patton Gade, National Director of Military Lending at UMortgage and 2023 Scotsman Guide #1 VA Loan Originator, says, “we can do better. Our veterans deserve better.

Lending 435

Lending VA loan Loans Mortgages 435

Housing Wire

MARCH 3, 2025

Keller Williams has entered into a strategic partnership with private equity firm Stone Point Capital , according to an announcement on Monday. Stone Point is no stranger to the real estate industry, as it also holds strategic investments in Lone Wolf Technologies , Homepoint , CoreLogic and Meridian.

Technology 448

Technology Residential Commercial Brokerage 448

Housing Wire

APRIL 1, 2025

Today’s transaction, first announced in January 2025 , expands A&D Mortgages presence in the agency and government lending sectors while further strengthening its presence in non-QM. Cooper Group is once again making headlines. The company is also welcoming an expanded network of over 8,500 broker partners through the acquisition.

Closing 367

Closing Mortgages Lending Banks 367

Housing Wire

OCTOBER 31, 2024

Product comparisons In its announcement of the new rate and additional states, FOA said that its optimistic outlook for the product is fueled by the increased activity in the home equity lending space. Interest rates on second-lien loans tend to be higher when compared to first liens, reflecting the higher amount of risk to the lender.

Mortgages 421

Mortgages Equity Loan Officer Loans 421

Housing Wire

DECEMBER 27, 2024

Peter Sciandra, who serves as EVP of reverse lending secondary marketing at Fairway Independent Mortgage Corp. Robinson added that one of the ways that NAF is aiming to address the messaging challenge is by spreading it across multiple platforms and divisions, including the retail lending and distributed field sales divisions at her company.

Industrial 395

Industrial Mortgages Principal Lending 395

Housing Wire

JANUARY 3, 2025

Changing the conversation An improvement in this dynamic was also noted by Peter Sciandra , executive vice president of reverse lending secondary marketing at Fairway Independent Mortgage Corp. One key is to bolster connections between a companys forward and reverse divisions. I absolutely think it has improved, Cory said.

Mortgages 418

Mortgages Lending Loan Officer Loans 418

Housing Wire

JANUARY 17, 2025

Florida-based non-QM lender A&D Mortgage announced Friday that it has acquired the wholesale and nondelegated correspondent lending businesses of Mr. Cooper Group. A&D offers brokers more than 20 lending programs across the agency, government, jumbo and non-QM spectrum. Its origination business grew by 35.4%

Mortgages 369

Mortgages Lending Banks Finance 369

Housing Wire

NOVEMBER 12, 2024

The potential for building on HomeSafe Second’s numbers also comes from broader trends in the home equity lending space, she said. While home equity lending nationwide is on the rise, recent data shows that people 55 and older face denial rates exceeding 35%,” she said.

Mortgages 364

Mortgages Equity Lending Design 364

Housing Wire

APRIL 17, 2025

Yost charges UWM with violations of Ohios Consumer Sales Practices Act, Residential Mortgage Lending Act and Corrupt Practices Act. Borrowers also sued the company last year over the same matters in Michigan , where UWM is based. A spokesperson for UWM did not immediately reply to HousingWire ‘s request for comment.

Lending 363

Lending Loans Mortgages Residential 363

Housing Wire

DECEMBER 5, 2024

The lending executive’s reviews on Zillow reflect stellar performance in North Carolina. “We are eager to work with Highlands’ exceptional team to expand construction lending options and help more customers achieve their dream of building their perfect home.” The lender has more than 40 branches in 16 states.

Residential 358

Residential Construction Loans Mortgages 358