Housing Wire

OCTOBER 27, 2024

The mortgage industry has long been promised a technological revolution to streamline workflows, reduce operational costs, and enhance efficiency. This raises a critical question: Is technology failing the mortgage industry, or are we approaching it incorrectly? The human touch remains critical in mortgage lending.

Technology 448

Technology Industrial Mortgages Development 448

Housing Wire

APRIL 4, 2025

Reston, Virginia -based mortgage software company RETR announced this week that it has hired two new senior leaders to guide the company’s growth efforts. Before joining RETR, she founded PlacedE, a boutique mortgage recruiting and coaching firm. Heidi Iverson Iverson has 20-plus years of experience across various industries.

Mortgages 374

Mortgages Technology Loan Officer Loans 374

Housing Wire

DECEMBER 27, 2024

Reverse mortgage business and mortgage business generally is not where people want it to be. That was a repeated idea shared by a group of reverse mortgage professionals when asked to assess what they see as the biggest industry challenges of the year. I think that’s true from an industry standpoint.

Industrial 397

Industrial Mortgages Principal Lending 397

Housing Wire

OCTOBER 28, 2024

Mortgage technology company Gateless is offering its flagship automated underwriting platform to a new lender. The artificial intelligence-based platform, the latest addition to the Gateless AI mortgage tool suite, aims to enhance The Loan Store’s underwriting capabilities.

Loans 397

Loans Mortgages Technology Development 397

Housing Wire

FEBRUARY 6, 2025

Interestingly, Batey noted that he and his office have observed a higher level of interest in reverse mortgages from seniors in the area. HousingWire s Reverse Mortgage Daily (RMD) reached out to Batey and did not receive an immediate reply. It had been right at $48,000 last year, but the commission approved to update that to $60,000.

Mortgages 444

Mortgages Staging Equity Loans 444

Housing Wire

APRIL 15, 2025

Per a release from Friday Harbor, the seed round will support the growth of its engineering team and support integrations with leading mortgage LOS and point-of-sale platforms Friday Harbor was co-founded by Theo Ellis (CEO) and Jesse Collins (CTO) and launched in 2024 with support from the AI2 Incubator and CoFound Partners. .

Mortgages 317

Mortgages Lending Technology Residential 317

Housing Wire

APRIL 7, 2025

The National Association of Mortgage Brokers (NAMB) today announced the official launch of Hive, an online community platform designed to foster nationwide collaboration, knowledge sharing and professional development for mortgage professionals. “I’m thrilled to lead the Hive initiative at NAMB,” said Frazier.

Mortgages 300

Mortgages Development Branding Industrial 300

Housing Wire

JANUARY 13, 2025

Once out of harms way, we encourage homeowners in these affected areas to contact their mortgage servicer to learn about relief options. If homeowners have been impacted by the fires, we encourage them to call their mortgage servicer for assistance as soon as possible, she said in a statement.

Mortgages 397

Mortgages Development Loans Design 397

Housing Wire

NOVEMBER 7, 2024

Guild Mortgage CEO Terry Schmidt said during a third-quarter earnings call on Wednesday that Guild’s reverse mortgage division continues to contribute to companywide strategies, and that additional interest in reverse has been observed. The aging and demographics [provide] great opportunity.

Mortgages 370

Mortgages Equity Lending Branding 370

Housing Wire

APRIL 4, 2025

Following other recent proprietary product development news, Longbridge Financial announced on Friday the launch of a new variation for its private fixed-rate reverse mortgage offering. Platinum Peak is now available in at least two reverse mortgage loan origination systems (LOS) for brokers.

Mortgages 349

Mortgages Principal Loans Equity 349

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

Mortgages 370

Mortgages Lending Banks Industrial 370

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. We took a very careful and measured approach to finding a potential partner to grow our QM business, Max Slyusarchuk , CEO of A&D Mortgage, said in a statement.

Mortgages 370

Mortgages Lending Banks Finance 370

Housing Wire

FEBRUARY 6, 2025

Describing the modern-day mortgage market as challenging would be an understatement, to say the least. Mortgage interest rates have steadily ramped up throughout 2024. The average rate throughout 2024 for 30-year fixed mortgages was 6.72% higher than it was during the 2008 market crash.

Loans 343

Loans Mortgages Equity Construction 343

Housing Wire

APRIL 3, 2025

The Federal Housing Administration (FHA) on Tuesday issued a waiver on quality control (QC) reviews for some newly distressed mortgages in Southern California as homeowners continue to grapple with the effects of the January 2025 wildfires. 7, 2025, and hit the 60-day delinquency mark between Feb. 1 and July 31, 2025. 1 and July 31, 2025.

Mortgages 269

Mortgages Development Closing Loans 269

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 291

Mortgages Lending Technology Development 291

Housing Wire

OCTOBER 15, 2024

The new guidelines are designed to make it easier for consumers to revoke consent for unwanted robocalls and texts. The effective date for the new rule is April 11, 2025, giving the mortgage and real estate industries roughly six months to become compliant. The Homebuyers Privacy Protection Act of 2024, a U.S.

Mortgages 482

Mortgages Design Industrial Development 482

Housing Wire

NOVEMBER 7, 2024

Not long ago, homeowners insurance was a minor concern for most homebuyers, real estate agents and mortgage originators. Impacts to mortgage credit Banks, insurers and regulators have long acknowledged that climate risks could threaten mortgage borrowers’ creditworthiness.

Design 482

Design Mortgages Lending As-is 482

Housing Wire

APRIL 10, 2025

Florida-based Theoris Software has launched a new artificial intelligence (AI) platform, AI agent, it says could transform how mortgage companies handle operations. The platform introduces a digital agent named Alpha7x that automates key processes across the mortgage lifecycle.

Agents 221

Agents Mortgages Loan Officer Loans 221

Housing Wire

APRIL 18, 2025

First American Data & Analytics has launched a new product designed to help lenders identify title issues earlier in the mortgage and home equity loan process, with the goal of cutting delays and reducing closing times.

Title 367

Title Equity Loans Closing 367

Housing Wire

OCTOBER 18, 2024

As mortgage rates fluctuate based on decreasing housing inventory volume, the appraisal market is more volatile than ever in key areas such as urban and rural communities states like California and Texas. 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

OCTOBER 30, 2024

A California regulator has revoked the residential mortgage lending license of LoanSnap , the latest in a series of difficulties for the fintech lender. That policy, which is designed to protect consumers from lender fraud and financial risk, expired in early August. The request was pending, but the license was suspended in July.

Lending 448

Lending Loan Officer Banks Loans 448

Housing Wire

OCTOBER 21, 2024

Robert Gordon, a senior vice president at the American Property Casualty Insurance Association , told the Journal that mortgage lenders need to be more involved in these processes. But the dynamics are evolving, and the fallout from storms like Helene and Milton are playing havoc with the intersection between mortgage and insurance.

Construction 497

Construction Development Finance Mortgages 497

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.” For us, this is much more than a rebrand of the initiative.

Design 459

Design Loan Officer Branding Loans 459

Housing Wire

MARCH 26, 2025

The Mortgage Bankers Association (MBA) supported the UDAP policy reversal, arguing that avoided unnecessary oversight and cost increases for consumers and lenders. Ending SPCPs means eliminating initiatives designed to provide targeted financial assistance such as loans or credit to historically underserved or disadvantaged groups.

Mortgages 284

Mortgages Lending Loans Finance 284

Housing Wire

MARCH 19, 2025

Cardinal Financial Wholesale has introduced Cardinal Complete, a new loan processing solution aimed at streamlining operations for mortgage brokers. The platform offers an end-to-end processing service designed to reduce administrative burdens and improve efficiency from application to closing.

Loans 259

Loans Mortgages Design Closing 259

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. In 2024, second-lien mortgage programs (20) stand out with the highest number of veteran-tailored DPA programs.

Mortgages 397

Mortgages Finance Loans Design 397

Housing Wire

JANUARY 22, 2025

Rocket Companies today announced the launch of Rocket.com, officially putting Rocket Mortgage and Rocket Homes on the same platform. 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.

Staging 370

Staging Design Mortgages Finance 370

Housing Wire

OCTOBER 31, 2024

Certainty is used by mortgage lenders and valuation providers, and ClearValue’s partnership with Restb.ai is designed to allow an AI-powered system to analyze photos of a property for identification and verification purposes. Restb.ai’s technology will be compatible with broker price opinions, appraisals, inspections and forms.

Technology 459

Technology Inspection Design Industrial 459

Housing Wire

JANUARY 17, 2025

In a changing real estate market , mortgage lenders face increasing demand. If high mortgage rates and increased liquidity management arent challenging, then regulatory changes, operation inefficiencies, and economic uncertainty are enough. Fortunately, SitusAMC can handle that, letting mortgage originators focus on their goals.

Marketing 368

Marketing Residential Commercial Loans 368

Housing Wire

APRIL 10, 2025

Theres a common belief that a decrease in the inflation growth rate would lead to mortgage rates dropping below 6% as the Fed would cut more aggressively. Since 2022, Ive focused on the relationship between labor and Fed policy. However, we havent seen that improvement.

Design 460

Design As-is Mortgages Closing 460

Housing Wire

OCTOBER 22, 2024

The final product Real unveiled at RISE is Real Wallet , a financial platform designed to help agents control and manage their finances. Real Wallet is designed specifically for agents of the future, addressing a critical need by helping them better manage their finances and reinvest in their businesses,” Poleg said. “By

Agents 435

Agents Brokerage Technology Staging 435

Housing Wire

NOVEMBER 20, 2024

In today’s economy, mortgage rates and housing expenses have consistently risen. However, homeowners have a unique advantage with home equity products—designed to let residents tap into their home’s equity for cash. Mortgage professionals must keep up with the new demand for home equity products in the new market.

Equity 370

Equity Finance Marketing Lending 370

Housing Wire

NOVEMBER 15, 2024

Buyers using this incentive can qualify for either a 3/2/1 rate buydown on a 30-year FHA Fixed-rate Mortgage or a 3/2/1 rate buydown on a 30-year conventional fixed-rate mortgage. But in Greater Austin , the “Holiday of Homes” offers flex cash — which can be used towards design selections or structural options — and financing.

Fixed-rate mortgage 418

Fixed-rate mortgage Closing costs Residential Finance 418

Housing Wire

MARCH 12, 2025

ICE Mortgage Technology has added new analysis tools, expanding its technology portfolio that’s designed to simplify underwriting and post-closing review processes. ICE’s Audit Analyzer is designed to improve post-closing quality control. ” . ”

Technology 221

Technology Mortgages Lending Loans 221

Housing Wire

APRIL 14, 2025

the parent of digital mortgage lender Better.com has restructured about $534 million of its outstanding debt with SB Northstar , the asset management subsidiary of SoftBank , the company announced on Monday. As part of the agreement, Better is granting the investor the right to designate one non-voting board observer starting June 1, 2025.

Equity 345

Equity Loans Finance Investor 345

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 21, 2025

housing market remains challenging for prospective buyers as concerns over mortgage rates , home prices and affordability persist in 2025. The affordability crisis extends beyond mortgage payments. ADUs are also gaining popularity as homeowners seek rental income to offset mortgage expenses. ADU is a big requirement now.

Debt-to-income ratio 335

Debt-to-income ratio Loan Officer Marketing Loans 335