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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Housing Wire

FEBRUARY 21, 2024

Department of Housing and Urban Development (HUD) on Wednesday issued a mortgagee letter that implements the Federal Housing Administration ’s (FHA) payment supplement partial claim. After the payment supplement period ends, however, the borrower will be responsible for resuming payment of the full monthly principal and interest amount.

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Principal Loans Mortgages Renovation 459

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 445

Mortgages VA loan Principal Loans 445

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 432

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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Development Principal Industrial Mortgages 443

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.

VA loan 448

VA loan Principal Residential Loans 448

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.” We see this program as a way to show our broker and principal agent partners that we are aligned with their success.”

Principal 448

Principal Branding Investor Mortgages 448

Housing Wire

NOVEMBER 19, 2020

Originally introduced in April, the MISMO RON compliance certification was designed to assure RON tech providers meet a universal set of standards including credential analysis, borrower identification, capturing and maintaining a recording of the notary process electronically, audio and video requirements, record storage and audit trails.

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Principal Technology Development Industrial 468

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, according to a presale report by Kroll Bond Rating Agency (KBRA). billion for the $12.2

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Principal Loans Investor Residential 448

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

JULY 11, 2024

The Appraisal Foundation , a private organization that is the de facto regulator of appraisers , has settled with the United States Department of Housing and Urban Development (HUD) over allegations that its qualification program violated the Fair Housing Act.

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Principal Development Equity Industrial 426

Housing Wire

JANUARY 3, 2024

Department of Housing and Urban Development (HUD) program designed to allow for the construction of rental housing units is getting a new participant: the Cherokee Nation. They are one of the first tribes to be approved for the program, according to the announcement.

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Construction Principal Development Loans 448

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.

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Principal Development Design As-is 448

Housing Wire

JANUARY 5, 2022

The loan modification options allowed eligible borrowers to reduce their principal and interest payments by 25%. A spokesperson for the Department of Housing and Urban Development said the agency takes the concerns raised in the letter very seriously. The attorneys general wrote in a Dec.

Mortgages 493

Mortgages Loans Principal Development 493

Housing Wire

JULY 26, 2023

Department of Housing and Urban Development (HUD) this week announced a new notice of funding opportunity (NOFO) to examine the intricacies of converting office space into residential living units. I have a name for the buildup of that stuff,” said Phil Wharton, a New York-based developer to the Times. “I I call it the kludge.”

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Residential Principal Development Finance 370

Housing Wire

DECEMBER 13, 2023

The Mortgage Bankers Association (MBA) and the National Mortgage Servicing Association (NMSA) are expressing their views on a recently revised Federal Housing Administration (FHA) loss mitigation proposal, stating that it needs additional adjustments to effectively address the challenges it is designed to tackle.

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Principal Mortgages Design Industrial 345

Housing Wire

SEPTEMBER 14, 2023

That record provides pool-level aggregate information about the extent of loans and unpaid principal balance (UPB) dollars that are in low- and moderate-income areas, with a chart illustrating the percentage of loans, percentage of UPB of ESG-flagged pools and/or loans and totals of the total portfolio over the last 12 months.

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Principal Investor Loans New Construction 432

Housing Wire

SEPTEMBER 17, 2024

Department of Housing and Urban Development (HUD) on Tuesday also will publish a new final rule in the Federal Register to expand accepted communication methods for counseling clients. David Berenbaum, HUD’s principal deputy assistant secretary of housing counseling, lauded the partnership for its potential to meet HUD’s counseling goals. “We

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Pre-approval Principal Design Development 448

Housing Wire

NOVEMBER 3, 2023

Department of Treasury that would keep the firm certified as a Community Development Financial Institution (CDFI). The CDFI certification is a designation given by the Treasury Department CDFI Fund to specialized organizations that provide financial services to low-income communities and people who lack financing.

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Lending Principal Finance Loans 434

Housing Wire

AUGUST 25, 2022

According to Qualia, platform users can use these capabilities to design custom client experiences, track performance, productivity and revenue, and pipeline across clients and settlement agency branches. As part of that, we continue to develop technology that helps businesses engineer full end-to-end purchase and refinance experiences.

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Title Principal Commercial Technology 397

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 433

Mortgages Principal Loans Equity 433

Housing Wire

MARCH 23, 2022

Minneapolis-based CarVal Investors , a global alternative investment manager and long-time player in the mortgage market, has launched a real estate mortgage investment conduit, or REMIC, that plans to work with loan originators around the country to develop and acquire innovative nonagency mortgage products.

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Bankruptcy Banks Loans Investor 397

Housing Wire

MAY 27, 2022

“Creditors who use complex algorithms — including artificial intelligence or machine learning technologies — to engage in credit decisions must still provide a notice that discloses the specific, principal reasons for taking adverse actions,” CFPB said in a news release. There is no exception,” it added. Presented by: Mortgage Coach.

Lending 448

Lending Principal Technology Mortgages 448

Housing Wire

SEPTEMBER 17, 2024

FOA also advised that any investors who participate could receive “a cash fee equal to 0.25% of the aggregate principal amount of outstanding 2025 unsecured notes that are exchanged,” according to the announcement. Anyone with potential interest in the agreement must signal their intent to participate by 5 p.m.

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Commercial Finance Branding Principal 420

Housing Wire

DECEMBER 13, 2024

The Mortgage Bankers Association (MBA) this week published a proposal for Ginnie Mae to develop a new mortgage securitization product that could boost the availability of private capital liquidity sources into the market, particularly in periods of stress for the U.S. could serve as a logistical template for such a product.

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Bankruptcy Loans Investor Banks 367

Housing Wire

NOVEMBER 7, 2023

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 loans are probably the best loans on the market. Nobody’s ever had to ask the question, ‘Are buyer’s agent commissions considered closing costs?’

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VA loan Agents Seller concession FHA loan 482

Housing Wire

FEBRUARY 4, 2025

It would provide notice of mortgagor’s right and responsibilities under reverse mortgage loans issued under the [HECM] program of the federal Department of Housing and Urban Development (HUD), and it would require every authorized lender in the state to provide copies of these summaries no less than five days before the closing of a HECM loan.

Mortgages 333

Mortgages Equity Loans Principal 333

Housing Wire

JANUARY 22, 2025

Reasons for the move In an interview with HousingWire s Reverse Mortgage Daily (RMD), Longbridge CEO Chris Mayer explained that adding an option like this is not designed to take away from the potential utility of the HECM product, which Mayer says remains an amazing loan product.

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Loans Principal Mortgages Lending 390

Housing Wire

JANUARY 17, 2024

That’s where reverse purchase financing comes into play, the funding option specifically designed for older Americans. The bottom line The reverse mortgage (HECM) for purchase program was designed to help older Americans buy a more suitable home in retirement, while still conserving cash and assets for future expenses.

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Finance Seller concession Loan Officer Loans 482

Realty Biz

JULY 1, 2022

Williams currently serves as Founder and Managing Principal of Dabar Development Partners. Dawanna Williams is the Founder and Managing Principal of Dabar Development Partners – a real estate development firm that offers modern living solutions with intelligent planning, architectural ingenuity, and environmental integrity.

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Principal Development Brokerage Residential 87

Sotheby's International Real Estate

AUGUST 24, 2020

Showcasing the height of new luxury construction in some of the world’s most sought after locations, let’s explore an exclusive new development from our worldwide network. The Principality of Andorra | Andreu Cañadas , Andorra Sotheby’s International Realty. Discover luxury developments around the world on sothebysrealty.com.

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Principal Development Commercial Residential 64

Housing Wire

FEBRUARY 8, 2024

Accreditations and designations Highlight your professional credentials and any special designations you’ve earned. Growing up in Savannah, Georgia, as the daughter of a builder and developer, she learned the processes involved in new home construction from her dad. Jane Doe specializes in luxury markets.”

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Agents Design Construction Branding 435

Housing Wire

JULY 7, 2021

The development is particularly notable due to the recent activity of MAM in the realm of reverse mortgage servicing. Terms of the deal were not disclosed, but statements from Mr. Cooper company leadership detailed that the transaction will not have a significant impact on its second quarter 2021 results.

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Sales Mortgages Branding Principal 418

Housing Wire

MARCH 14, 2022

As the principal broker for a RE/MAX franchise in coastal Cannon Beach, Oregon, Alaina Giguiere’s typical responsibilities include marketing homes for sellers, touring homes with buyers, generating new business leads, managing client relationships, and drafting and reviewing contracts with buyers and sellers. financial system.

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Industrial Title Commercial Banks 435

Housing Wire

OCTOBER 29, 2021

While the reverse mortgage industry continues to explore ways it can innovate in terms of product development and consumer education to bring greater awareness for reverse mortgage products to American seniors, alternative equity tapping companies appear poised to increase focus on seniors as a tool for potential growth. “76%

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Equity Mortgages Principal As-is 417

Housing Wire

AUGUST 26, 2024

trillion unpaid principal balance (UPB). Mr. Cooper must maintain high retention rates to drive more business, an achievement that requires investment in technology and product development. Cooper had become the largest U.S. The company is expected to reach a UPB of $1.5 trillion once the Flagstar deal closes.

Mortgages 455

Mortgages Banks Debt-to-income ratio Loans 455

Housing Wire

JUNE 5, 2024

Loan repurchases continue to trend downward at both Fannie Mae and Freddie Mac , but there appears to be a separation developing in loan-repurchase patterns — with Freddie reducing its loan buybacks at a faster clip than Fannie, according to recently released data and public filings. billion [$500 million] and $1.3

Loans 445

Loans Mortgages Industrial Principal 445