Housing Wire

JUNE 20, 2024

Real estate technology firm Knock announced Thursday that its bridge loan product is being integrated into the borrower application process at Baltimore -based NFM Lending. NFM loan officers will be automatically notified when a homeowner can tap into the equity of their current home to buy a new one before selling.

Lending 448

Lending Loans Loan Officer Equity 448

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. Citi led creative testing throughout the year-long site design and build, and will conduct testing throughout 2025. .”

Marketing 405

Marketing Lending Branding Banks 405

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.

FHA loan 418

FHA loan Mortgages Equity Loans 418

Housing Wire

AUGUST 2, 2024

HighTechLending , a California -based top-10 reverse mortgage lender, announced on Friday that it is rebranding its wholesale lending division to American Senior Lending Wholesale Division in an effort to better align its identity with key business lines designed to serve older borrowers.

Lending 434

Lending Branding Loan Officer Technology 434

Housing Wire

OCTOBER 5, 2023

As the housing market suffers through a drought of home sales and related mortgage originations in the current high-rate environment, home prices and home equity continue to climb, helping to spark a revival of another sector — home equity lending and investment. billion, according to offering documents. billion.

Equity 447

Equity Purchase and sale agreement Marketing Lending 447

Housing Wire

APRIL 11, 2024

Figure Technology Solutions (FTS), the parent company of Figure Lending LLC , announced on Thursday that it will begin making its Digital Asset Registration Technologies (DART) platform — which it describes as “a combined lien and eNote registry service” — available to private and wholesale lending partners.

Lending 389

Lending Technology Equity Loans 389

Housing Wire

JULY 28, 2021

Digital lending and cloud banking startup Blend Labs has launched Blend Impact , a program focused on increasing access and equity in housing and financial services with Blend’s nonprofit partners. The post Blend launches housing equity program appeared first on HousingWire.

Equity 435

Equity Lending Banks Development 435

Housing Wire

DECEMBER 27, 2024

With Home Equity Conversion Mortgage (HECM) volume declining on an annual basis, many industry participants cited at least one key factor that couldve driven the decline, but the view was not universal. Peter Sciandra, who serves as EVP of reverse lending secondary marketing at Fairway Independent Mortgage Corp.

Industrial 395

Industrial Mortgages Principal Lending 395

Housing Wire

DECEMBER 24, 2021

Last week’s announcement from the Department of Housing and Urban Development cleared the way for lenders to adopt targeted lending programs, but so far, they are treading carefully. Special purpose credit programs allow lenders to target loan products to benefit protected classes without running afoul of fair lending law.

Lending 431

Lending Finance Banks Equity 431

Housing Wire

DECEMBER 9, 2024

The reverse mortgage division of Rate formerly known as Guaranteed Rate recently announced the hiring of reverse industry veteran Jesse Allen as the president for Rates reverse lending division as the company heads into 2025. The second step is to understand the landscape of existing equity release product offerings.

Mortgages 359

Mortgages Lending Banks Industrial 359

Housing Wire

FEBRUARY 6, 2025

Deephaven Mortgage a pioneer in non-QM lending offers loan products to serve borrowers who might not otherwise qualify for a traditional loan. If that isnt spectacular enough, Deephaven offers interest-only options for maximum property cash flow alongside cash-out solutions to consolidate debt and unlock equity.

Loans 273

Loans Mortgages Equity Construction 273

Housing Wire

JANUARY 4, 2024

While home equity can certainly be a beneficial tool for some seniors to deploy, it will not always be a definitive answer for every senior’s needs. “If you could use your home equity to make your life better — to buy hearing aids, for example — maybe that’s a good investment.” ” Molinsky told NextAvenue.

Equity 412

Equity Renovation Lending Finance 412

Housing Wire

APRIL 4, 2025

The Platinum Peak product suite aims to offer higher available loan-to-value (LTV) ratios, which are designed to translate into higher loan proceeds for borrowers, according to the announcement. Previously, the Platinum line aligned its minimum amount with Federal Housing Administration (FHA) lending limits.

Mortgages 270

Mortgages Principal Loans Equity 270

Housing Wire

JUNE 26, 2023

Digital mortgage exchange and loan aggregator MAXEX announced on Monday it closed an equity investment round and partnerships to expand liquidity amid the recent market volatility. Terms of the transaction were not disclosed. ” The company also announced that it expanded its bulk- and forward-trading loan programs.

Equity 364

Equity Land Investor Loans 364

Housing Wire

APRIL 2, 2025

Scarpati previously served as the company’s senior vice president of wholesale lending. The role is designed to strengthen FOAs leadership in an area that is essential to the companys long-term growth plans and further its efforts to make home equity for retirement a mainstream solution, the company said.

Equity 259

Equity Finance Lending Branding 259

Housing Wire

OCTOBER 23, 2024

Mortgage data and workflow solutions provider FirstClose is launching a new feature for its automated home equity point-of-sale system. Borrowers can determine down payment amounts, monthly payment limits, and interest rates for home equity lines of credit ( HELOCs ) or home equity loans with a five- to 10-day closing process.

Equity 432

Equity Loan Officer Lending Loans 432

Housing Wire

JANUARY 28, 2021

That’s a significant downsizing from the $250 million its private equity backers planned to raise through the sale of 12.5 Home Point Capital itself is not selling any shares in the offering, but funds affiliated with its private equity backer Stone Point Capital are cashing out. million dollars in its IPO on Friday. a share.

Equity 534

Equity Loans Lending Banks 534

Housing Wire

OCTOBER 18, 2022

The product is designed specifically for homeowners who require in-hand leases to qualify for mortgages on new home purchases. Knox Upside, which distributes rental income to the investment property owner when a resident pays rent and enables owners to access their equity through Knox’s proprietary lending platform. .

Equity 434

Equity Lending Loans Mortgages 434

Housing Wire

JUNE 12, 2024

Figure Technology Solutions , the parent company of Figure Lending LLC , has launched a blockchain-based marketplace to connect buyers and sellers of private credit loans, promising to reduce settlement timelines and create greater pricing certainty.

Loans 416

Loans Lending Technology Equity 416

Housing Wire

SEPTEMBER 8, 2022

Well, it isn’t 2008, but this type of loan does have risk — and it’s the risk that is traditional among all late economic cycle lending in America when the loan requires low or no downpayment. The entire system has to be designed to inflate the price over time. Remember, the system is designed to keep home prices inflated.

Loans 544

Loans Banks Equity Bankruptcy 544

Housing Wire

FEBRUARY 1, 2024

Shortly after EasyKnock acquired home equity investment platform Balance Homes , the company appointed former Balance Homes co-founders Judd Schoenholtz and Aaron LaRue as chief revenue officer and chief technology officer, respectively. LaRue, meanwhile, will focus on the expansion of EasyKnock’s technology platform.

Equity 431

Equity Technology Lending Development 431

Housing Wire

MAY 23, 2024

But they have also accumulated a good amount of equity over the last few years. How do we allow them to extract equity out of their house in a responsible way?“ The MBA said it recognized that the product provides access to equity at lower rates and is a “cost-effective alternative to cash-out refinances.“

Equity 450

Equity Closing Mortgages Lending 450

Housing Wire

MARCH 12, 2024

The Blueprint Builder features more than 60 third-party integrations, allowing lending teams to connect with other pieces of their workflow, from credit and verifications to pricing and disclosures. Wells Fargo -backed mortgage fintech Maxwell rolled out a point-of-sale (POS) feature that offers tailored workflows and integrations.

Lending 440

Lending Technology Loans Equity 440

Housing Wire

OCTOBER 12, 2023

Wholesale lender The Loan Store launched a consumer rewards program designed to help mortgage brokers offer competitive mortgage rates. The lender’s newly launched products include a home equity line of credit (HELOC) in 25 states and Washington, D.C.

Loans 433

Loans Lending Equity Mortgages 433

Housing Wire

SEPTEMBER 1, 2021

In 2019, Origence launched its “end-to-end” mortgage lending platform. It was designed to handle a company’s digital mortgage needs, help lenders to streamline the mortgage process, improve efficiency, increase sales opportunities and deliver a better borrower experience, according to a company statement announcing its launch.

Lending 413

Lending Technology Banks Loans 413

Housing Wire

OCTOBER 12, 2023

Customer engagement platform Total Expert ‘s customer intelligence and mortgage tech firm Polly ‘s product and pricing engine (PPE) will help California-based lender Mountain West Financial identify lending opportunities from its existing database. billion in generated loan application volume, and $6.7

Loan Officer 447

Loan Officer Lending Loans Equity 447

Housing Wire

AUGUST 12, 2024

California -based HighTechLending , a top-10 lender in the reverse mortgage industry, recently announced that it was rebranding its wholesale channel to American Senior Lending Wholesale Division in an effort to better align its identity with key business lines designed to serve older borrowers.

Lending 454

Lending Loan Officer Branding Principal 454

Housing Wire

OCTOBER 23, 2020

As this settlement demonstrates, we are committed to holding mortgage lenders accountable when they choose to abuse the integrity of vital government programs that are designed to assist homeownership,” U.S. The settlement occurred just before Guild and its private equity owners McCarthy Capital Partners made a debut on the public markets.

Mortgages 505

Mortgages FHA loan Lending Loans 505

Housing Wire

JANUARY 27, 2021

Roostify, which powers the digital mortgage platforms of JPMorgan Chase , TD Bank , Guild Mortgage , HSBC Bank USA and more, allows different lending parties to bring in data and information from online sources that then tailors the homebuying process.

Lending 369

Lending Technology Loan Officer Equity 369

Housing Wire

NOVEMBER 15, 2023

Stavvy , a fintech firm specializing in digital and remote collaboration for lending and real estate companies, acquired SigniaDocuments, a technology suite from Texas-based lender Evolve Mortgage Services. The acquisition also facilitates the adoption of digital second-lien products like home equity lines of credit (HELOCs).

Technology 435

Technology Lending Loans Title 435

Housing Wire

JANUARY 12, 2024

The company later told RMD, however, that the loan was within current product lending limits. The 2023 reverse mortgage limit for Federal Housing Administration (FHA)-insured Home Equity Conversion Mortgages (HECMs) stood at $1,089,300, but proprietary reverse mortgages are not subject to FHA limits. to the Heritage Harbor Foundation.

Mortgages 451

Mortgages Finance Lending Equity 451

Housing Wire

OCTOBER 15, 2024

“There’s a growing curiosity about integrating reverse mortgage capabilities into existing lending platforms. This interest aligns with efforts designed to standardize reverse mortgage data, the company noted. Part of this includes lowering the barrier to entry for new players in the reverse mortgage space.

Mortgages 434

Mortgages Lending Industrial Development 434

Housing Wire

MAY 24, 2021

Notable in light of the current servicing challenges facing the industry, Stavvy’s eClosing technology is designed to facilitate faster borrower communication and closings as servicers work through loan modifications, referrals and forbearance. Presented by: Sagent Lending Technologies.

Land 444

Land Lending Technology Banks 444

Housing Wire

JULY 18, 2024

The Federal Housing Administration (FHA) this week published a new proposed policy for the Home Equity Conversion Mortgage ( HECM ) program, which would update the way debenture interest rates for HECM loans operate. Debenture interest refers to the percentage of a return that an investor would receive for lending money through a debenture.

Mortgages 417

Mortgages Equity Loans Title 417

Housing Wire

OCTOBER 3, 2022

Encompass by ICE Mortgage Technology is the industry’s most complete end-to-end solution that provides the flexibility and configurability needed to deliver a next-generation lending experience for every channel, all from a single system of record.

Technology 361

Technology Mortgages Lending Equity 361

Housing Wire

MARCH 8, 2024

And the FDIC reported that home loans are the largest lending segment by dollar volume at more than 40% of community banks. residential mortgage servicers, received an equity investment of $1 billion earlier this month that is designed to strength the bank’s balance sheet. banks moved away from commercial real estate lending.

Banks 493

Banks Commercial Residential Lending 493

Housing Wire

APRIL 27, 2023

The delisting follows Impac’s failure to adjust its stockholders’ equity levels amid consecutive financial losses. However, in the most challenging mortgage market in over a decade, Impac’s equity reached a negative $11.6 million in stockholder equity. Impac’s common stock was trading at $0.22

Equity 385

Equity Brokerage Lending Mortgages 385