Housing Wire

APRIL 18, 2025

The company analyzed a portfolio of residential , commercial and business-purpose loans totaling approximately $80 billion. In Q1 2025, FundingShield said it received increased data requests from lender clients undergoing mortgage origination risk assessment audits. It found that 46.8% errors the highest number on record.

Title 363

Title Closing Commercial Loans 363

Housing Wire

FEBRUARY 26, 2025

When reverse mortgage professionals from Australia and New Zealand made the long journey to San Diego last year to attend the National Reverse Mortgage Lenders Association (NRMLA) Annual Meeting and Expo, they were ready to learn about the core differences between the businesses in a different part of the world.

Mortgages 335

Mortgages Banks Equity Development 335

Housing Wire

JANUARY 6, 2025

The Mortgage Bankers Association (MBA) on Monday appointed Jamie Woodwell as its senior vice president of commercial/multifamily policy and strategic industry engagement. MBA leadership praised Woodwell for his market expertise and detailed economic insights in the commercial and multifamily real estate sectors.

Commercial 396

Commercial Finance Land Mortgages 396

Housing Wire

DECEMBER 19, 2024

RE/MAX Holdings , the parent company of real estate franchisor RE/MAX and mortgage franchisor Motto Mortgage , is getting into the advertising game. On Thursday, the company announced the launch of the RE/MAX commerce media network. The initiative is supported by Kontrol Media. Google Analytics data for Remax.com and Remax.ca

Branding 397

Branding Commercial Mortgages Industrial 397

Housing Wire

OCTOBER 18, 2024

Cooper Group as part of the sale of its third-party origination (TPO) business and mortgage servicing rights (MSRs). The changes come after NYCB, which concluded a merger with Flagstar in December 2022 and acquired some of Signature Bank ‘s assets in March 2023, faced a confidence crisis related to its commercial real estate portfolio.

Banks 448

Banks Sales Commercial Equity 448

Housing Wire

JANUARY 15, 2025

For real estate professionals and mortgage lenders, these shifts present both challenges and opportunities. For real estate professionals and mortgage lenders , these challenges heighten the risk of deal cancellations and complicate the closing process.

Marketing 369

Marketing Commercial Mortgages Branding 369

Housing Wire

FEBRUARY 4, 2025

Rithm owns multichannel mortgage lender and servicer Newrez. It has made a slew of acquisitions in the credit and mortgage servicing sectors over the past two years. A year prior, it acquired Sculptor Capital Management , along with Computershare Mortgage Services and Specialized Loan Servicing (SLS). ”

Commercial 404

Commercial Residential Loans Banks 404

Housing Wire

MARCH 15, 2024

In fact, there aren’t many mortgage lenders, builders or real estate brokerages that haven’t at least fleetingly entertained the notion. So why aren’t more commercial real estate (CRE) entities – investors , principals, banks, law firms or developers – seeking the same? And why not? CREs need not go it alone.

Commercial 448

Commercial Brokerage Due diligence Title 448

Housing Wire

APRIL 7, 2025

Expanding homeownership, embracing commercial real estate As president of NAHREP, Herrera says her main priority is expanding access to homeownership amid todays affordability crisis. When I started, commercial brokers were majority white males, and it was hard to break in, Herrera said. But I became the first homeowner in my family.

Commercial 370

Commercial Title Closing costs Equity 370

Housing Wire

MAY 21, 2024

After two years of limited demand, private equity and insurance companies are increasing their allocations to single family residential mortgages. These strong fund flows are resulting in tighter credit spreads, higher prices, and an increased focus on sourcing new originations.

Residential 488

Residential Equity Mortgages Purchase and sale agreement 488

Housing Wire

APRIL 18, 2025

As more people buy homes and businesses invest in commercial properties, demand for title insurance has grown significantly. As populations continue to grow and urbanization accelerates, demand for residential and commercial properties is on the rise, MRF said in its report. Demographic shifts are also playing a role. Valued at $1.5

Title 300

Title Title search Marketing Commercial 300

Housing Wire

MARCH 5, 2025

The companys ambitious commercial which featured John Denvers Take Me Home, Country Roads was only the first part of the Own the Dream rollout from Rockets marketing team. Notably, the companys marketing and advertising expenses dropped from $1.2 billion in 2021 to $7.36

Commercial 404

Commercial Branding Investor Mortgages 404

Housing Wire

MARCH 18, 2022

Veteran mortgage executive Bill Dallas has left his position as president of Finance of America Mortgage amid larger changes to the Texas-based nonbank lender’s C-Suite and business lines. His exit was first reported by Inside Mortgage Finance. Dallas did not immediately return requests for comment.

Finance 497

Finance Mortgages Commercial Lending 497

Housing Wire

DECEMBER 2, 2024

The adaptability of Wrightwell to a changing mortgage rate environment helped to make its suitability for the task clear, according to Brad Hartung, senior portfolio manager at Saluda Grade and a board member at Wrightwell.

Finance 397

Finance Residential Commercial Construction 397

Housing Wire

APRIL 17, 2024

Expect 2024 to be mildly better than 2023 with mortgage rates falling in the second half of the year, housing experts opined in their forecasts at the end of the year. The pessimism is visible in mortgage rates. Freddie Mac ‘s weekly Primary Mortgage Market Survey is climbing back towards 7%.

Mortgages 493

Mortgages Fixed-rate mortgage Banks Residential 493

Housing Wire

MARCH 18, 2025

While home prices, mortgages and other fees are drivers of this burden, they are not alone. The latter two elements have seen staggering price increases in recent years stemming from things like commercial building vacancies and an acceleration of natural disasters. By 2016, this figure had increased to more than 16%.

Marketing 364

Marketing Commercial Mortgages 364

Housing Wire

APRIL 18, 2025

I did residential, I did commercial, you name it. But his first big test came in the mid-1980s during the savings and loan crisis a time when the mortgage market dried up and title companies were hit hard. Stone has previously served as vice chairman of Metrocities Mortgage and as chairman of Austin-based The Stone Group.

Title 370

Title Residential Industrial Commercial 370

Housing Wire

FEBRUARY 14, 2025

MISMO brings key problem solvers together to collaborate on critical issues in the mortgage industry, said Bob Broeksmit , president and CEO of the Mortgage Bankers Association (MBA), which oversees MISMO. MISMO , the real estate finance industrys standards organization, on Thursday announced its board of directors for 2025.

Finance 329

Finance Commercial Technology Lending 329

Housing Wire

AUGUST 22, 2024

The Federal Housing Finance Agency (FHFA) on Wednesday updated its capital requirements for private mortgage insurers and allowed rules established during the COVID-19 pandemic to sunset. They establish limits for assets backed by residential or commercial real estate and mitigate the impact if the assets lose value.

Mortgages 459

Mortgages Commercial Loans Finance 459

Housing Wire

FEBRUARY 3, 2022

Amid higher rates, lower volumes, and fiercer competition , Santander Bank decided it will stop originating residential mortgages and home equity loans in the United States. On Wednesday, the bank announced that it will consider applications for residential mortgage or home equity line of credit (HELOC) on the portal EZApply only until Feb.

Banks 468

Banks Mortgages Fixed-rate mortgage Equity 468

Housing Wire

SEPTEMBER 19, 2024

Heartland Bank , the leading reverse mortgage lender in Australia and New Zealand , will rebrand its dedicated reverse mortgage division from “Heartland Finance” to “Heartland Bank” following a recent acquisition and a repositioning of its offerings. “We experienced an inflation rate of 3.1% billion AUD, or roughly $1.2 billion USD.

Mortgages 448

Mortgages Banks Finance Branding 448

Housing Wire

SEPTEMBER 13, 2024

Buffalo, New York-based mortgage technology firm LenderLogix , a top provider of point-of-sale (POS) and automation software for independent mortgage banks , commercial banks and third-party brokers, announced Thursday that Ben Head will join the company as an account executive.

Sales 435

Sales Mortgages Loan Officer Technology 435

Housing Wire

FEBRUARY 14, 2024

The demise of those banks, which had relied in part on friendly terms on jumbo mortgage loans to entice wealthier clients, had lasting effects on the mortgage landscape – as part I and part II of our jumbo series show. 7, the bank was reportedly offering to sell Flagstar’s residential mortgage assets.

Banks 468

Banks Mortgages Commercial Residential 468

Housing Wire

SEPTEMBER 25, 2024

Mortgage applications are now at their highest level in more than two years after an 11% jump during the week ending Sept. 20, according to the newest weekly applications survey from the Mortgage Bankers Association (MBA). Adjustable-rate mortgages (ARMs) accounted for 5.9% on mortgages with 80% loan-to-value ratios.

FHA loan 448

FHA loan Mortgages VA loan Fixed-rate mortgage 448

Housing Wire

OCTOBER 9, 2024

After reaching their highest level since July 2022 , mortgage applications have declined for two straight weeks, counteracting some recent positive signs for a still-sputtering housing industry. According to weekly data released Wednesday by the Mortgage Bankers Association (MBA), applications shrank 5.1% of new applications. “As

VA loan 458

VA loan Mortgages FHA loan Loans 458

Housing Wire

MAY 15, 2024

New York Community Bancorp , the parent of Flagstar Bank , said it’s still committed to the home loan business despite selling approximately $5 billion in warehouse mortgages to JPMorgan Chase Bank to improve its capital and liquidity position. market share, according to Inside Mortgage Finance (IMF) estimates. billion; 5.7%).

Loans 468

Loans Mortgages Due diligence Banks 468

Housing Wire

JANUARY 31, 2023

First Internet Bank is shutting down its consumer mortgage business due to a steep decline in mortgage volumes and the negative outlook for mortgage lending that is forecasted to continue for the next several years. The residential mortgage loan balance for First Internet was $383.9 million as of December 31, 2022, a 13.7%

Banks 448

Banks Mortgages Lending Commercial 448

Housing Wire

SEPTEMBER 24, 2024

When offering advice on how to manage these costs, the mayor brought up the potential for a reverse mortgage. Property taxes in the city — as is the case with many localities nationwide — are higher, and the tax burden is increasingly shifting from commercial to residential properties. Pride then read the room’s reaction. “I

Mortgages 468

Mortgages Commercial Residential As-is 468

Housing Wire

DECEMBER 21, 2023

Dovenmuehle Mortgage , a mortgage sub-servicing company, has informed authorities in Illinois that it will impose a layoff affecting hundreds of employees next year. However, higher mortgage rates this year led mortgage origination volume to decline to $1.6 14 to the state authority. .” trillion, compared to $2.2

Mortgages 459

Mortgages Commercial Banks Finance 459

Housing Wire

FEBRUARY 1, 2021

United Wholesale Mortgage , now a publicly traded company, will return to the Super Bowl this year. The wholesale lender will be running a new Super Bowl commercial spotlighting independent mortgage brokers and its website FindAMortgageBroker.com for a second straight year. ” .

Commercial 546

Commercial Mortgages Branding Banks 546

Housing Wire

FEBRUARY 18, 2025

Reverse mortgage industry conferences are often seen as an effective way for professionals to meet up, discuss best practices from across their markets and assess the regulatory environment at entities like the Federal Housing Administration (FHA) and within the states. Occasionally, U.S.-based Why make the trip? they explained.

Banks 293

Banks Commercial Mortgages Industrial 293

Housing Wire

APRIL 16, 2024

Bank of America (BofA) reported another quarterly decline in mortgage and home equity production in the first quarter of 2024. mortgage lender stated it produced a volume of $3.4 billion in first mortgages from January to March, down 12.5% BofA’s mortgage assets Bank of America had $227.7 from the $3.9

Mortgages 448

Mortgages Banks Equity Commercial 448

Housing Wire

JANUARY 10, 2024

University Bank ’s reverse mortgage division has added four key hires across different disciplines as it prepares to grow further in the reverse mortgage space. Both Droge and Olmos come to University Bank from Open Mortgage , which shuttered its own top 10 reverse mortgage lending division late last year.

Banks 468

Banks Mortgages Lending Loan Officer 468

Housing Wire

FEBRUARY 7, 2024

Less than a year after coming to the rescue of Signature Bank during the market turmoil of March 2023, New York Community Bancorp (NYCB) faces a confidence crisis due to its exposure to commercial real estate loans. According to Inside Mortgage Finance (IMF) estimates, Flagstar originated $15.7 billion in mortgages in 2023.

Mortgages 468

Mortgages Banks Marketing Commercial 468

Housing Wire

JANUARY 31, 2023

According to Cangem, the substantial Fed policy shift last year resulted in significantly higher residential mortgage rates. It harmed the business, as the higher rates caused all mortgage activity to slow. NYCB says it was the 8th-largest bank originator of residential mortgages in 2022, with $24.2 billion in volume.

Mortgages 418

Mortgages Lending Banks Commercial 418

Housing Wire

APRIL 14, 2022

Consolidation in the mortgage industry is likely in 2022, analysts and lending executives said. Justin Woodward has experienced the best and the worst of the mortgage industry in only 18 months. “I had not done first mortgage lending before, but I was familiar with the basics of real estate lending.

Mortgages 526

Mortgages Marketing Lending Loans 526

Housing Wire

OCTOBER 28, 2022

Former employees at Finance of America Mortgage LLC (FAM) are transitioning to American Pacific Mortgage (APM), as the company will shut down by the end of the year, a source with knowledge of the process told HousingWire. . purchases, according to the mortgage tech platform Modex.

Mortgages 435

Mortgages Loan Officer Finance Commercial 435