Housing Wire

OCTOBER 18, 2024

Homes are still evolving in terms of technology and energy consumption, raising the need for accurate and efficient appraisals to help lenders approve mortgage loans with greater accuracy and efficiency. Managing appraisal orders, tracking status, and QC aren’t a problem for a system designed to make lenders’ lives easier.

Inspection 448

Inspection Marketing Design Technology 448

Housing Wire

JUNE 5, 2024

Department of Housing and Urban Development (HUD) this week announced the launch of a new program designed to allow for the purchase, refinance or renovation of manufactured housing under a loan program sponsored by the Federal Housing Administration (FHA).

Loans 529

Loans Finance Renovation Equity 529

Housing Wire

MARCH 31, 2025

It’s technology designed to feel human.” ” Dominion explained that Harvey will aim to support real estate investors through “real-time guidance” on fix-and-flip loans and rental strategies. “Real estate investors operate in a fast-moving environment. .”

Investor 350

Investor Mortgages Lending Technology 350

Housing Wire

JANUARY 17, 2025

This occurs while they manage the heavy loan of growing origination demand. How do we get a loan from I want a house to its closed and done before they walk away? How do we get a loan from I want a house to its closed and done before they walk away? Most companies think from the primary lens.

Marketing 368

Marketing Residential Commercial Loans 368

Housing Wire

JUNE 13, 2024

Multichannel mortgage lender New American Funding (NAF) announced this week the relaunch of its initiative designed to recruit, educate and expand loan officer understanding around issues faced by borrowers of color as “ NAF Black Impact.”

Design 459

Design Loan Officer Branding Loans 459

Housing Wire

MARCH 21, 2025

Findings include 71% of loan officers reporting an increase in buyers who are willing to purchase fixer-uppers, explore unconventional financing or accept high mortgage rates despite long-term financial concerns. Jones, a Colorado-based LO for Lower -backed Universal Lending Home Loans.

Debt-to-income ratio 318

Debt-to-income ratio Loan Officer Marketing Loans 318

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 452

Loans Lending Technology Equity 452

Housing Wire

MAY 8, 2024

Nonbank lender Panorama Mortgage Group (PMG) launched a new program that allows first-time homebuyers to take out a loan with a 1% down payment , the company announced on Wednesday. Founded in 2007 in Las Vegas , Panorama originated from Alterra Home Loans , which carved out a niche by catering to first-time Hispanic homebuyers.

Loans 438

Loans Mortgages Lending Branding 438

Housing Wire

MAY 24, 2024

Nearly 1 in 5 millennials (19%) think their credit card debt will be a stumbling block when applying for a mortgage, while 1 in 7 (14%) think the same about their student loans. How student loans impact your ability to buy a home Adding a mortgage on top of monthly student loan payments can create a significant financial strain.

Debt-to-income ratio 468

Debt-to-income ratio Loans Pre-approval VA loan 468

Housing Wire

NOVEMBER 15, 2024

In most of our remodeling, we use a design technique called Universal Design,” said Brian Harvey, owner of Boston-area business Harvey Home Modifications. That essentially is a design that will serve anyone of any physical capability in the house.”

Design 435

Design Renovation Branding Development 435

Housing Wire

MARCH 1, 2024

Department of Agriculture (USDA) announced on Friday that it has lowered the interest rates for its single-family housing (SFH) direct home loan programs as of March 1, according to an email update sent out earlier this week. The USDA’s SFH non-program interest rate is being lowered from 5.125% in February.

Loans 488

Loans Land Construction Development 488

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. Breaking it down There was a total of $335.6

Loans 448

Loans Mortgages Industrial Technology 448

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 bridge loan estimate is being integrated into the lender’s workflow through an Encompass plugin. The loan includes no interest for six months.

Lending 448

Lending Loans Loan Officer Equity 448

Housing Wire

JUNE 12, 2024

An analysis released Wednesday by Columbia, Missouri -based lender Veterans United Home Loans revealed that the home loan program through the U.S. The VA loan program — which was established in 1944 through the GI Bill — will celebrate its 80th anniversary on June 22. Department of Veterans Affairs (VA) has contributed $3.9

VA loan 465

VA loan Loans As-is Mortgages 465

Housing Wire

APRIL 14, 2025

As part of the agreement, Better is granting the investor the right to designate one non-voting board observer starting June 1, 2025. billion in loan volume, up from $3 billion in 2023. The NEO Powered by Better program included the onboarding of 110 NEO Home Loans originators across 53 branches.

Equity 334

Equity Loans Finance Investor 334

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

JULY 15, 2024

Loan originators in today’s mortgage market have weathered significant challenges. For loan originators , managing the narrative is crucial. This event is designed to equip you with the tools and insights needed to lead with vision and inspire your teams effectively.

Loan Officer 434

Loan Officer Loans Banks Mortgages 434

Housing Wire

OCTOBER 28, 2024

“From loan officers to secondary marketing teams and investors, we empower mortgage professionals with tools designed to maximize their profitability on every loan transaction.” ” The announcements were made at MBA Annual in Denver.

Loan Officer 432

Loan Officer Investor Loans Mortgages 432

Housing Wire

MARCH 31, 2025

Marine Samuel Royer has spearheaded efforts to pass the HELPER Act, a bipartisan bill designed to make homeownership more accessible for Americas civil servants including teachers, first responders, EMTs and law enforcement officers. This mirrors the benefits offered to military veterans through VA home loans.

Loans 368

Loans Mortgages Design VA loan 368

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 370

Equity Loans Lending Mortgages 370

Housing Wire

FEBRUARY 10, 2025

The lender’s wholesale division is now offering a nonqualified mortgage ( non-QM ) loan product suite aimed at serving consumers who have outside-the-box financial profiles. ” Cardinal Financial’s non-QM suite will kick off with four loan products. . billion in non-QM loans through a proprietary product suite.

Loans 331

Loans Finance Investor Mortgages 331

Housing Wire

NOVEMBER 12, 2024

This comes from a new survey by Down Payment Resource — a nationwide database designed to connect prospective homebuyers to financial assistance opportunities. And another survey by Veterans United Home Loans found that 74% of the military population plans to purchase a home in 2025, compared to 69% of surveyed civilians.

Mortgages 397

Mortgages Finance Loans Design 397

Housing Wire

MARCH 25, 2025

Global investment bank Cambridge Wilkinson today announced the closing of a forward flow agreement up to $100 million for a private real estate lending platform specializing in short-term bridge , fix-and-flip, construction and land development loans.

Lending 274

Lending Equity Banks Construction 274

Housing Wire

OCTOBER 2, 2023

Rocket Pro TPO , the wholesale arm of Rocket Mortgage , on Monday raised agency conforming loan limits to $750,000, ahead of the Federal Housing Finance Agency’s (FHFA) decision expected in November. in 2024 (the current limit on conventional loans is $726,200). Conforming loan limits usually follow the changes in home prices.

Loans 459

Loans Mortgages Finance Land 459

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. Platinum Peak is now available in at least two reverse mortgage loan origination systems (LOS) for brokers.

Mortgages 323

Mortgages Principal Loans Equity 323

Housing Wire

JANUARY 22, 2025

Rocket.com is designed for serious buyers and sellers, offering a streamlined path to homeownership, said Jamie Belsky, chief product and design officer at Rocket. Since its launch, the company claims that its AI tool has tripled its conversion rate from website visits to loan closings.

Staging 370

Staging Design Mortgages Finance 370

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 370

Mortgages Equity Lending 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. That growth presents an opportunity for reverse mortgages and home equity loans. Also, many loan originators go against the grain.

Equity 370

Equity Finance Marketing Lending 370

Housing Wire

MARCH 1, 2024

From leveraging the latest in artificial intelligence (AI) and digital marketing to mastering financial literacy, mortgage and real estate professionals have come together to provide these skills to loan officers in a new book titled, “Rethink Everything: You ‘Know’ About Being A Next-Gen Loan Officer.”

Loan Officer 448

Loan Officer Loans Marketing Title 448

Housing Wire

NOVEMBER 9, 2023

6, informing lenders that they must address quality issues for “fatal data points” before delivering loans to either of the government-sponsored enterprises. The transition is designed to enhance data quality and consistency for single-family loans the GSEs purchase.”

Loans 435

Loans Closing costs Mortgages Closing 435

Housing Wire

APRIL 4, 2025

Prior to that, she served in senior leadership roles at Mobility Market Intelligence (MMI), Guild Mortgage , ClosingMark Home Loans , and Castle & Cooke Mortgage. It offers a high-quality software-as-a-service platform designed to help loan officers and mortgage companies build better relationships.

Mortgages 364

Mortgages Technology Loan Officer Loans 364

Housing Wire

DECEMBER 20, 2023

Mortgage rates had climbed close to the 7% range and he was determined to remain competitive on pricing with rival loan officers in North Carolina. After Mike paid his loan officer assistant, he was clearing just 40 bps. In theory, this means loan officers provide the same service and pricing on loans, reducing the risk of steering.

Loan Officer 482

Loan Officer Loans Lending Mortgages 482

Housing Wire

APRIL 9, 2025

While homeowners take pride in seeing their personal tastes and design choices come to life, Realtors may recommend different strategies to enhance the propertys resale value. Most homeowners funded their renovations using home equity loans or lines of credit (54%), while others relied on savings (29%) or credit cards (10%).

Renovation 393

Renovation Equity Loans Mortgages 393

Housing Wire

OCTOBER 5, 2023

Industry-leading lender Movement Mortgage will become an “early adopter” of FICO Score 10 T, the updated credit scoring model designed to take advantage of trended data information to help expand mortgage approval rates.

Loans 448

Loans Mortgages Lending Finance 448

Housing Wire

OCTOBER 1, 2024

The three overarching themes in all of these conversations include: Operational efficiencies for delinquent accounts : QC teams are honing in on how effectively operational processes are managed for delinquent loans, from customer service to loss mitigation. I have to say ACES has been such a tremendous help in our QC review process.

Loans 432

Loans Pre-approval Marketing Staging 432

Housing Wire

JULY 5, 2024

The Mortgage Bankers Association (MBA) this week detailed its reasons for opposing a bill in the state of Florida designed “to expand projects eligible for residential Property Assessed Clean Energy ( PACE ) financing,” which was recently signed into law by Gov. Ron DeSantis.

Loans 435

Loans Finance Residential Renovation 435

Housing Wire

JANUARY 13, 2025

Cyndi Danko, Fannie Maes senior vice president and chief credit officer of single-family, added that the company is continuing to monitor developments related to the wildfires and urges impacted homeowners to immediately contact their loan servicer.

Mortgages 397

Mortgages Development Loans Design 397