Housing Wire

SEPTEMBER 26, 2023

Acra Lending , a private mortgage lender, announced its integration with Tavant ’s Touchless Lending Collateral Analysis. This partnership marks a milestone in Tavant’s expansion into non-QM lending. Collateral Analysis is a proprietary product of Tavant’s Touchless Lending automation platform.

Lending 429

Lending Technology Investor Mortgages 429

Housing Wire

DECEMBER 7, 2021

ECOA prohibits reverse redlining — targeting minority communities for predatory lending — but Congress amended the statute in 1976 to allow for special purpose credit programs. It could be a sustainable lending product for a community where a lender has had poor penetration. A special purpose credit program can take many forms.

Lending 468

Lending Development Design Banks 468

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. The product is designed to make buyer offers more attractive to sellers by removing contingencies. ” NFM Lending is licensed in 49 states and Washington, D.C.

Lending 448

Lending Loans Loan Officer Equity 448

Housing Wire

FEBRUARY 7, 2024

California-based lender Summit Funding has appointed Thomas Yoon as the head of subsidiary Lead+ Wholesale Lending, the company announced on Wednesday. Simultaneously, Lead+ Wholesale Lending is unveiling a new program designed to educate brokers on non-QM products. Founded in 1995, Summit Funding operates in 48 states.

Lending 426

Lending Loans Mortgages Design 426

Housing Wire

JULY 11, 2024

This process is designed to capture detailed property characteristics, floor plans, and high-quality photos. This enhancement in efficiency is driven by an intuitive system designed to simplify workflows for both appraisers and lenders.

Lending 452

Lending Technology Industrial Loans 452

Housing Wire

JULY 10, 2024

The complexities of Non-QM lending demand a strategic approach that combines innovation, efficiency, and resilience. Acra Lending has positioned itself at the forefront of this sector by investing in its workforce, optimizing processes, leveraging cutting-edge technology, and building a robust infrastructure. Craig Timmins.:

Lending 420

Lending Technology Loans Mortgages 420

Housing Wire

NOVEMBER 12, 2024

It also wants to widely deploy refreshed marketing strategies that are designed to both educate and appeal to older homeowners about the use of home equity in retirement. In 2025, it will begin rolling out new regional and local programs designed to “build our brand profile and drive business in strategic markets,” she said.

Mortgages 364

Mortgages Equity Lending Design 364

Housing Wire

MARCH 31, 2025

It’s technology designed to feel human.” ” Meanwhile, Donna serves brokers through Dominion’s wholesale lending channel, which launched in June 2024. The company said the tool will help brokers reduce the amount of time spent on understanding lending criteria.

Investor 299

Investor Mortgages Lending Technology 299

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

OCTOBER 10, 2023

“Our Marketplace unites a multitude of industry-leading solutions with the MeridianLink One platform to deliver exceptional consumer experiences and streamline contemporary lending processes,” Megan Pulliam, SVP of MeridianLink Marketplace, said in a statement.

Lending 425

Lending Banks Technology Loans 425

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

NOVEMBER 7, 2024

For homeowners with conventional loans backed by Fannie Mae and Freddie Mac , insurance at replacement cost is mandatory, but flood insurance is only required in designated flood zones. Others say homeowners insurance wasn’t designed around catastrophe risk — it was designed around idiosyncratic storms or trees falling on roofs.

Design 482

Design Mortgages Lending As-is 482

Housing Wire

NOVEMBER 3, 2023

Non-bank originator Change Lending will continue to originate non-qualified mortgages ( non-QMs ) for underserved borrowers after it reached a tentative deal with the U.S. Change is proud to be certified as a CDFI and to continue our mission,” Carlos Salas, CEO of Change Lending, said in a statement.

Lending 432

Lending Principal Finance Loans 432

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.

Mortgages 369

Mortgages Lending Banks Finance 369

Housing Wire

AUGUST 28, 2023

Non-bank originator Change Lending lost its Community Development Fund Institution (CDFI) certification, according to a report from Barron’s. Change Lending was removed from the CDFI Fund’s list of certified program lenders last week, the outlet reported. The CDFI certification is a designation given by the U.S.

Lending 370

Lending Finance Loans Design 370

Housing Wire

NOVEMBER 20, 2024

However, homeowners have a unique advantage with home equity products—designed to let residents tap into their home’s equity for cash. Jonathan Scarpati: I started with Senior Lending Network out of New York. Innovative lending models are driving more accessibility and efficiency in home equity financing options.

Equity 365

Equity Finance Marketing Lending 365

Housing Wire

NOVEMBER 30, 2022

A recent lawsuit filed by Banc of California is claiming that mortgage lenders and servicers Sprout Mortgage (now defunct) and Planet Home Lending owe $1.5 million related to the proceeds of two notes it owned and funded. District Court in the Central District of California, Southern Division. Zillow shows the estimated price is $26.5

Lending 416

Lending Mortgages Banks As-is 416

Housing Wire

FEBRUARY 27, 2023

RMK Financial Corporation , which does business as Majestic Home Loans , has been permanently banned by the Consumer Financial Protection Bureau (CFPB) from the mortgage lending industry following a series of repeat offenses — which occurred despite the CFPB’s law enforcement order issued in 2015. government.

Lending 397

Lending Industrial Mortgages Loans 397

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

MARCH 31, 2023

The Consumer Financial Protection Bureau (CFPB) has finalized the rule on small business lending, which fulfills a mandate from Congress and aims to increase transparency while mitigating discrimination. For decades, the government has assembled data pursuant to Congressional mandates on residential mortgages,” the CFPB said.

Lending 388

Lending Banks Loans Residential 388

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 8, 2025

GridBase is a proven leader in title and lending technology, offering a seamless, coding-free solution that simplifies migration while enhancing operational workflows. End-to-end workflow optimization : With support for both servicing and loan origination workflows, GridBase enhances efficiency across the lending ecosystem.

Technology 348

Technology Title Lending Development 348

Housing Wire

DECEMBER 10, 2024

announced this week the appointment of Gabe Bodner to the head of its 55-plus lending division which includes its reverse mortgage business. James Hecht, the companys CEO , said, We are confident that Gabes leadership will bring fresh energy and innovative strategies to our 55-plus lending division.

Lending 361

Lending Loans Mortgages Technology 361

Housing Wire

NOVEMBER 7, 2024

Guild’s current reverse lending division, built off its 2023 acquisition of Cherry Creek Mortgage , has expanded its reverse mortgage activities this year. When asked during the earnings call about what the company sees in the home equity lending space, Schmidt said that the opportunities in reverse stand out. “We

Mortgages 367

Mortgages Equity Lending Branding 367

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. That role is an active one, Allen said. Naturally, this includes reverse mortgages, he explained.

Mortgages 359

Mortgages Lending Banks Industrial 359

Housing Wire

FEBRUARY 12, 2025

The expansion adds 10- and 30-year fixed-term options to the companys existing 20-year fixed-rate home equity loan, which the company has designed as complements to its first-lien and second-lien home equity lines of credit ( HELOCs ). homeowners with access to their tappable home equity.

Equity 369

Equity Loans Lending Mortgages 369

Housing Wire

FEBRUARY 27, 2025

How can today’s mortgage lending market be summed up in one word? Acra Lending has done precisely that. Acra Lending is a proven leader in the space, and it has adapted and thrived despite market shifts. higher interest rates and elevated home prices create openings for non-QM lending. billion to $3.47

Lending 233

Lending Technology Loans Mortgages 233

Housing Wire

JUNE 6, 2023

In honor of National Homeownership Month, Chase Home Lending unveiled on Tuesday an upgraded suite of resources for homebuyers to assist in navigating the homebuying process and managing homeownership. We’re excited for consumers to explore our updated offerings and engage with tools that can help them achieve homeownership.”

Lending 366

Lending Commercial Loans Banks 366

Housing Wire

MARCH 21, 2025

Jones, a Colorado-based LO for Lower -backed Universal Lending Home Loans. Role of AI in mortgage lending The mortgage industry is also growing increasingly reliant on artificial intelligence (AI). But AI-driven lending tools have raised concerns about bias. It recommended human oversight to mitigate bias.

Debt-to-income ratio 261

Debt-to-income ratio Loan Officer Marketing Loans 261

Housing Wire

OCTOBER 27, 2024

The human touch remains critical in mortgage lending. Human-centric design Solutions need to be designed with the end-user in mind, enhancing rather than replacing human work. Human Expertise : Automated systems can’t replicate seasoned professionals’ nuanced decision-making and relationship-building skills.

Technology 442

Technology Industrial Mortgages Development 442

Housing Wire

APRIL 15, 2025

“I’ve always believed AI could be the great equalizer in mortgage lending,” said Ellis. Kevin Peranio , chief lending officer at Paramount Residential Mortgage Group (PRMG) , touted Friday Harbor’s speed and efficiency. Ellis was previously head of U.S.

Mortgages 238

Mortgages Lending Technology Residential 238

Housing Wire

APRIL 1, 2025

Name Job Title Company Name Aaron Heidorn Director of Software Engineering & Infrastructure Cloudvirga Aaron Smith Director, Sales CubiCasa Adrian Provost Chief Executive Officer Realty ONE Group Terminus Ana LeBlanc Human Resources Director InterLinc Mortgage Annie Lemon Producing Branch Manager Gold Star Mortgage Financial Anthony Russo Diamond (..)

Lending 270

Lending Technology Title Development 270

Housing Wire

MARCH 4, 2025

Xactus has become the first technology partner to introduce the FICO Score Mortgage Simulator, a new tool designed to help lenders and borrowers understand how credit decisions impact mortgage eligibility. The simulator, developed by FICO , is the only mortgage industry tool that uses FICO scores and FICO score algorithms.

Mortgages 250

Mortgages Lending Technology Development 250

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. Also, DSCR five- to nine-unit loans are designed for larger multi-family homes. Bank Statement loans are designed for self-employed borrowers. These loans go up to $2.5

Loans 273

Loans Mortgages Equity Construction 273

Housing Wire

MARCH 26, 2025

Ending SPCPs means eliminating initiatives designed to provide targeted financial assistance such as loans or credit to historically underserved or disadvantaged groups. These programs are often used to promote fair lending and expand access to credit for minorities, low-income borrowers or specific communities that face systemic barriers.

Mortgages 283

Mortgages Lending Loans Finance 283

Housing Wire

APRIL 24, 2024

Figure Technology Solutions , the parent company of Figure Lending LLC , named Michael Tannenbaum as its new CEO, the company announced on Tuesday. Earlier this month, Figure launched its Digital Asset Registration Technologies (DART) platform, making it available to private and wholesale lending partners.

Lending 441

Lending Technology Design Finance 441

Housing Wire

FEBRUARY 10, 2025

Non-QM Prime is designed to offer “flexible documentation” to borrowers with strong credit profiles. The company designed the platform to help lenders process complex loans with efficiency. This form of lending is growing in popularity, and lenders seem to be catching on.

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Loans Finance Investor Mortgages 273