Housing Wire

JANUARY 30, 2025

Sage Home Loans Corp. recently hired Bijoy John as its new senior vice president of marketing. “We are thrilled to welcome Bijoy John as the new Senior VP of Marketing at Sage Home Loans Corporation,” Sage Home Loans’ CEO Mike Malloy said in an email.

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Loans Marketing Lending Banks 378

Housing Wire

MARCH 5, 2025

According to the MBA, rates for Federal Housing Administration (FHA) loans dipped to 6.42%, while refinance activity posted its fastest pace since October 2024. The move in government refinances was driven by a 75% increase in VA loans, which have been prone to large changes in recent months. More renovations?

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Loan Officer Loans VA loan FHA loan 313

Housing Wire

FEBRUARY 6, 2025

Describing the modern-day mortgage market as challenging would be an understatement, to say the least. The average rate throughout 2024 for 30-year fixed mortgages was 6.72% higher than it was during the 2008 market crash. It reflects another pressing issue of imbalanced supply and demand in the housing market.

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Loans Mortgages Equity Construction 333

Housing Wire

MARCH 5, 2025

This move grants loan officers access to real-time insights that are designed to improve borrower assistance and engagement. Loan officers on the Uplist platform can now leverage Pollys product and pricing engine (PPE) to more easily pursue refinance opportunities. The integration comes at a time of rising refinancing activity.

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Loan Officer Loans Technology Mortgages 357

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.

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Marketing Residential Commercial Loans 368

Housing Wire

OCTOBER 15, 2024

In the newest episode of the PowerHouse podcast, HousingWire CEO Clayton Collins sits down with Greg Schwartz, CEO of Tomo , to discuss market recovery indicators and Tomo’s recent investments in artificial intelligence (AI). As such, Tomo’s priority goes beyond merely driving loan volume. “It

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Loans Marketing Technology Mortgages 259

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.

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Mortgages Loan Officer Marketing Loans 362

Housing Wire

MARCH 25, 2025

What’s the deal with all the discussion across the lending community about the fluctuation of the loan officer population recently? There have been social media posts and editorials debating the current total number of loan officers, whether the population has decreased, and if so, by how much.

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Loan Officer Loans Mortgages Industrial 220

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 293

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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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.

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Marketing Loan Officer Equity Loans 370

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.

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Equity Finance Marketing Lending 370

Housing Wire

FEBRUARY 3, 2025

Despite that and other positives, the LA wildfires are still making an impact on the housing market at the local and national levels. The reports analyzes “tens of millions of loans across the spectrum of credit products and more than 160 million historical records.” home-price growth, according to Walden.

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Marketing Mortgages Loans Technology 355

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. Mortgage applications for new-home purchases increased 7.2%

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FHA loan VA loan Mortgages Loans 397

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.

Investor 448

Investor New Construction Construction Loans 448

Housing Wire

MARCH 30, 2025

However, the data references Freddie Mac ‘s Serious Delinquency levels on multifamily loans. These loans pertain to multifamily mortgages, which are used for commercial properties with five or more units, such as apartment buildings. But as we can see in the chart below, the data clearly identifies these as multifamily loans.

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Fixed-rate mortgage Bankruptcy Loans Commercial 541

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 367

Housing Wire

JANUARY 12, 2025

During the 10-minute conversation, Pieklo explores his new focus on developing AFR’s wholesale lending strategy, the competitive landscape of the mortgage market, and the company’s unique approach to differentiating itself from other big names in the wholesale space. They didn’t really get into “vanilla loans.”

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Mortgages Marketing Lending Loans 304

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. The company ranked No. 12 among the largest U.S. Garland added.

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Lending Loan Officer Loans Mortgages 468

Housing Wire

JANUARY 23, 2025

billion in total or as much as $1,692 per loan. billion in total or as much as $1,692 per loan. The report found that the state that could experience the most savings per transaction would be Texas at a savings of $1,692 per loan, followed by Florida ($1,275 per loan), and New Mexico ($978 per loan).

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Title Land Loans Closing costs 468

Housing Wire

FEBRUARY 4, 2025

Arrival Home Loans on Tuesday announced a partnership with zavvie a fintech company that specializes in bringing liquidity to residential real estate in an effort to enhance the homebuying experience for its customers. Arrival Home Loans, which is powered by Pacific Private Money Inc. produced a total volume of $52.5

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Loans Loan Officer Finance Brokerage 305

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 476

Housing Wire

DECEMBER 20, 2024

House of Representatives proposes to relieve Federal Housing Administration (FHA) borrowers of mortgage insurance premiums (MIPs) once they reach a certain level of home equity , aligning FHA policies with those of conventional loans. Mortgage insurance exists as protection from foreclosure on low equity loans. Introduced by Reps.

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FHA loan Mortgages Equity Loans 418

Housing Wire

OCTOBER 25, 2024

A new report from Zillow Home Loans outlines some key trends and factors for renters to consider when evaluating a home purchase. The for-sale market, on the other hand, is offering opportunities for buyers heading into the fall, with more than 1 in 4 sellers cutting prices. In some of the U.S.’s The typical rent is 3.4%

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Pre-approval Loans Mortgages Equity 476

Housing Wire

FEBRUARY 6, 2025

Multistate mortgage lender Click n’ Close on Thursday announced that it’s adding a 30-year, fixed-rate conventional loan option to its SmartBuy Shared Appreciation Mortgage (SAM) program. SAM loans grant the lender a share of the home’s future appreciation in exchange for a lower interest rate.

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Loans Closing Mortgages Technology 269

Housing Wire

OCTOBER 24, 2024

But only about 17,000 delinquent loans completed the foreclosure process in the second quarter of 2024, almost one-third of the nearly 45,000 that completed the foreclosure process in Q1 2020. Often, the best available option for staying in the home is through a loan modification or some other type of repayment plan with the bank.

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Bankruptcy Equity Hard money loan Finance 448

Housing Wire

MARCH 5, 2025

1 loan originator in the country by volume for at least five years, is assuming the role of president at Rate Mortgage , the company announced Tuesday. Throughout his 20-year career he has closed more than 40,000 units and $9 billion in funded loans. But my biggest focus initially is going to be the loan officers.

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Loan Officer Loans Technology Mortgages 435

Housing Wire

FEBRUARY 5, 2025

However, if home prices hadn’t skyrocketed alongside mortgage rates , we would have more younger homebuyers entering the market and we would have a slightly higher homeownership rate than todays 65.7% Our population was too young or old to actively participate in the home-buying market actively, tilting the scale toward renting instead.

Loans 471

Loans Mortgages Marketing As-is 471

Housing Wire

OCTOBER 31, 2024

The interest rate on the loan has been lowered from 9.99% to 9.49%. Interest rates on second-lien loans tend to be higher when compared to first liens, reflecting the higher amount of risk to the lender. The new states are Arizona, Nevada, Oregon and Utah. The product also has a minimum age requirement of 55.

Mortgages 434

Mortgages Equity Loan Officer Loans 434

Housing Wire

DECEMBER 3, 2024

Prospective homeowners enter the housing market with two questions: Where do I begin? Zillow Home Loans — the platform’s affiliate mortgage lender — pushes the future of financing. However, prospective homebuyers often need to pay more attention to market research and data to guide them in the marketplace. Click Here

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Finance Technology Loans Brokerage 397

Housing Wire

OCTOBER 28, 2024

Fluctuating interest rates and a fast-changing market Last month, we saw the Federal Reserve deliver their long-awaited decision to lower interest rates with a 50 basis points cut, and 30-year mortgage rates reached as low as 6.08% according to ICE’s 30-year fixed conforming rate index.

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Loan Officer Pre-approval Technology Loans 435

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. An index score above 50 indicates market expansion, while a score below 50 indicates contraction. ”

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Housing Wire

MARCH 3, 2025

Introduction As part of our ongoing discussion on the concept of movement in the mortgage industry, it is readily apparent that the failure of mortgage companies to pivot or tweak their business models to satisfy changing market and other conditions has resulted in consolidation based on liquidity, buyback, financial and other concerns.

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Purchase and sale agreement Closing Industrial Mortgages 415

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. The Detroit-based fintech , which is also in the midst of acquiring real estate brokerage and home search portal Redfin for $1.75 billion , is paying an equity value of $9.4

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Finance Title Mortgages Equity 468

Housing Wire

NOVEMBER 13, 2024

The report also said that potential Black homebuyers are too often shut out of the opportunity to participate in the market. Additionally, the report finds it “alarming” that a strong Black presence in the labor market is “not prompting increases in homeownership or narrowing the wealth gap.”

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Pre-approval Mortgages Loans Finance 418

Housing Wire

OCTOBER 16, 2024

The Market Composite Index, a measure of mortgage loan application volume, decreased 17% on both a seasonally adjusted and an unadjusted basis from one week earlier. .” Demand is holding up to an extent for prospective first-time buyers.

Mortgages 521

Mortgages Loans As-is Marketing 521

Housing Wire

MARCH 24, 2025

“A loan-to-value ratio that is too high, either because of a limited down payment or an appraisal of the home that resets the value used to calculate this ratio, can also be a factor,” she said. The type of mortgage also plays a role, with jumbo and nonconventional loans facing higher rejection rates.

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Debt-to-income ratio FHA loan Mortgages Loans 317