Housing Wire

JANUARY 26, 2022

Tomo , a fintech mortgage startup run by former Zillow executives, is expanding its presence, announcing this week that it will now serve borrowers in Florida, Connecticut and Colorado. And they’re looking to capitalize on higher home prices and the market for jumbo mortgages. Presented by: Mr. Cooper. the fintech company said.

Mortgages 370

Mortgages Pre-approval VA loan Lending 370

Housing Wire

JUNE 3, 2024

Roof AI , an artificial intelligence -powered sales assistant that helps real estate and mortgage companies generate revenue across their business units, announced the integration of OpenAI ’s technology into its system, significantly boosting its capabilities. Michel Moubarak, vice president of growth at Roof AI, told HousingWire.

Technology 468

Technology Sales Pre-approval MLS 468

Housing Wire

OCTOBER 1, 2024

The Federal Housing Administration (FHA) on Tuesday issued an informational notice to mortgage lenders in which it reiterates various loss-mitigation options afforded to companies and borrowers who are engaged in FHA lending programs in presidentially declared major disaster areas (PDMDAs).

Inspection 476

Inspection Pre-approval Loans Principal 476

Housing Wire

JUNE 22, 2023

Wholesale mortgage lender The Loan Store (TLS) announced on Thursday the roll-out of its new home equity line of credit (HELOC) product, which is currently available in 25 states and Washington, D.C. This approach allows The Loan Store to offer same-day approvals and HELOC funding in as little as three business days after final approval.

Loans 370

Loans Pre-approval Equity Lending 370

Housing Wire

FEBRUARY 23, 2023

LenderLogix, a provider of mortgage automation software and application programming interfaces (APIs), has launched LiteSpeed, a white-label streamlined point-of-sale (POS) system that serves small- to mid-sized mortgage lenders. Its other products include QuickQual , which is used by lenders in 42 states.

Pre-approval 393

Pre-approval Loans Closing costs Branding 393

Housing Wire

OCTOBER 1, 2024

However, the most recent ACES Mortgage QC Industry Trends Report found critical defect rates jumped up in the first quarter (Q1) of this year. Not only does this break a five-quarter-long downward trend, but this uptick in defects happened at a time when mortgage originations were at their lowest levels since 2000.

Loans 432

Loans Pre-approval Marketing Staging 432

Housing Wire

JUNE 17, 2024

Department of Housing and Urban Development (HUD) announced Monday the availability of $10 million in new grants to be distributed to 23 HUD-approved counseling agencies nationwide, which will help the department boost homeownership rates within historically underserved communities.

Pre-approval 459

Pre-approval Finance Development Design 459

Housing Wire

NOVEMBER 30, 2022

Borrower Digital is Black Knight’s point-of-sale (POS) solution that is built using responsive-design to be used easily from any web-enabled device. Borrower Digital helps mortgage lenders optimize the POS and LOS interaction using the LOS database for transactional data.

Loan Officer 435

Loan Officer Pre-approval Technology Loans 435

Housing Wire

JUNE 20, 2024

A few weeks later the Mortgage Bankers Association released its Quarterly Mortgage Bankers Performance Report , underscoring my point with some truly grim figures. And employment verification is just one of dozens of mortgage cost centers. Reward good behavior at the individual level. Mandate change from the top down.

Loan Officer 448

Loan Officer Pre-approval Technology Lending 448

Housing Wire

DECEMBER 20, 2021

While the family’s income has been cut by almost half and inflation has increased their expenses, Wilen’s primary concern is his mortgage. The four-bed property was perfect for the pre-Covid reality, but it is challenging to afford right now. “They’ve had a manageable budget due to mortgage forbearance. .

Pre-approval 418

Pre-approval Loans Mortgages Principal 418

Housing Wire

SEPTEMBER 29, 2022

MAXEX , a major mortgage trading and aggregating platform, has unveiled a series of new programs designed to serve originators and loan buyers in the growing non-QM lending market. Facilitating forward-trading agreements, which allow platform users to sell loan pools at a future date with pre-negotiated terms and pricing.’.

Marketing 397

Marketing Pre-approval Bankruptcy Loans 397

Realty Biz

AUGUST 20, 2023

Mortgage pre-approval is an essential step when buying a house. During pre-approval, lenders carefully evaluate your financial information, including income, assets, credit history, and other relevant details. How long it takes for lenders to give mortgage pre-approval can vary from a day to a week.

Pre-approval 94

Pre-approval Debt-to-income ratio Mortgages Loans 94

Housing Wire

SEPTEMBER 17, 2024

New final rule on counseling accessibility Published in the Federal Register on Monday, the “ Modernizing the Delivery of Housing Counseling Services ” final rule now allows HUD-approved housing counseling agencies to use a broader swath of communication methods with counseling clients.

Pre-approval 448

Pre-approval Principal Design Development 448

Housing Wire

AUGUST 31, 2020

In creating its AutomatIQ Borrower solution, CoreLogic aimed to provide one consistent, objective and transparent workflow that lenders could leverage to validate applicants from pre-qualification to closing. And it’s Day 1 Certainty approved.”.

Pre-qualification 320

Pre-qualification Pre-approval Loan Officer Loans 320

Housing Wire

FEBRUARY 12, 2024

In business for close to two decades, The CE Shop offers real estate exam prep, continuing education, and broker licensing courses, plus programs for prospective mortgage and appraisal professionals. If you’re new to real estate, you’ll need to complete a state-approved course and pass your state’s licensing exam. The Leap 2.0

Pre-approval 435

Pre-approval Design Agents Industrial 435

Housing Wire

SEPTEMBER 27, 2021

Effectively implementing a social media program and training loan officers on the numerous regulations and policies pertinent to mortgage lending is no small task. For example, Black Knight’s social media platform delivers features specifically designed to help protect an organization from compliance risk.

Loan Officer 370

Loan Officer Loans Pre-approval Development 370

Marco Santarelli

JANUARY 15, 2025

It seems the charm of its waterfront parks, and the presence of Brown University and the Rhode Island School of Design, are a huge draw. Work with Norada in 2025, Your Trusted Source for Turnkey Real Estate Investing Discover high-quality, ready-to-rent properties designed to deliver consistent returns.

Marketing 98

Marketing Pre-approval Sales New Construction 98

Housing Wire

MAY 16, 2024

Sarah Wheeler: You came into the mortgage space about nine years ago after leading teams at NTT Data and Infosys. Were you surprised at where the mortgage industry was technology-wise? In fact, we have four patents that are already approved for some of the technologies that we have built.

Technology 353

Technology Pre-approval Industrial Mortgages 353

Housing Wire

FEBRUARY 8, 2022

Goldstone is an executive at a mortgage servicer company trying to reach out to homeowners. “We But we’re having a hard time reaching out to them,” he said during a panel at the annual Residential Mortgage Servicing Rights Forum held in New York City in October. We know who the borrowers are. We service their loans. of the U.S.

Loans 370

Loans Pre-approval Mortgages Principal 370

Housing Wire

DECEMBER 5, 2024

In addition to finding agents online, Zillows report indicates that 65% of pre-approved buyers used real estate websites or apps to explore financing options. Its a social media marketing platform designed specifically for real estate agents. So, whats driving this shift? Think of your website as your digital business card.

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Agents Land Design Technology 370

Housing Wire

JANUARY 29, 2024

You’ll need to complete a 120-hour approved course and sit the state licensing exam to become a real estate agent in Utah. Final Exam: In order to fulfill your approved 120 hours of Utah real estate exam prelicensing education, you must take and pass the course final exam. Ready to launch your real estate career in Utah?

Pre-approval 448

Pre-approval Agents As-is Industrial 448

Marco Santarelli

FEBRUARY 7, 2025

Let's delve into the critical factors that set the 2025 housing market apart from the pre-crash era. “Subprime” mortgages were rampant, meaning loans were given to people with poor credit or insufficient income. I do not have data that explicitly provides the average credit score for conventional mortgages in 2006.

Pre-approval 87

Pre-approval Marketing Debt-to-income ratio Lending 87

Marco Santarelli

JANUARY 22, 2025

Its designed by Choeff Levy Fischman Architecture + Design, built by Robert W. Burrage of RWB Construction Management, and designed by Marc-Michaels Interior Design. Here are some tips that I feel are crucial: For Buyers: Get Pre-Approved: Know your budget and get pre-approved for a mortgage before you start looking.

New Construction 98

New Construction Construction Pre-approval Design 98

HomeLight

JULY 30, 2024

Have you been considering a reverse mortgage but would like to relocate to a new city or downsize your home? Most people think of a reverse mortgage as an option to retire in place, but buying a home with a reverse mortgage is also possible. What is a reverse mortgage? How does a reverse mortgage work?

Mortgages 115

Mortgages Pre-approval Equity Loans 115

Marco Santarelli

FEBRUARY 16, 2025

As of February 16, 2025 , the mortgage rates have held steady, with the average 30-year fixed rate currently at 6.53% and the 15-year fixed rate at 5.87%. Understanding todays mortgage rates can be crucial in shaping financial decisions for homebuyers and homeowners alike.

FHA loan 52

FHA loan Mortgages Principal VA loan 52

Housing Wire

DECEMBER 7, 2023

After completing an approved course of study, you’ll be able to sit the state real estate exam. Colibri Real Estate is a state-approved real estate education provider with over 132 instructors experienced in Massachusetts real estate sales and teaching best practices.

HR 435

HR Pre-approval Brokerage Commercial 435

Marco Santarelli

DECEMBER 22, 2024

Mortgage rates are a critical consideration for anyone looking to borrow money for a home. As of December 22, 2024, the average 30-year fixed mortgage rate has increased to 6.67% , marking its highest point since June 2024. Recommended Read: Mortgage Rates Trends December 21, 2024 Update What's Influencing Today's Mortgage Rates?

Mortgages 52

Mortgages VA loan Fixed-rate mortgage Debt-to-income ratio 52

HomeLight

FEBRUARY 16, 2024

From getting pre-approved for your mortgage to offering flexible closing dates, these strategies are designed to put you in a stronger position. Get pre-approved for your mortgage loan Securing a mortgage pre-approval is perhaps the most important first step in making a compelling offer.

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Pre-qualification Seller concession Pre-approval Closing costs 115

Marco Santarelli

DECEMBER 5, 2024

Mortgage rates to stay above 6% in 2025 , according to the Realtor.com® While there might be some slight improvements in the housing market, including a larger supply of homes for sale, the elevated mortgage rate environment will likely persist. Recommended Read: Mortgage Rates Predictions December 2024: Will Rates Fall?

Mortgages 52

Mortgages Pre-approval Finance Marketing 52

Marco Santarelli

FEBRUARY 28, 2025

Here's my take on how this might impact buyers and sellers in San Diego: For Buyers: Be Prepared: Get pre-approved for a mortgage, have your finances in order, and be ready to make a competitive offer. Discover high-quality, ready-to-rent properties designed to deliver consistent returns.

Marketing 92

Marketing Pre-approval Land Staging 92

Housing Wire

APRIL 22, 2024

With Wise Pelican, you can try both — it’s a fantastic resource for beautifully designed postcards and letters. I’d be happy to email you a copy of their pre-approval letter. House-hacking is a great way to build wealth and pay down your mortgage. I would love to find them a home that is not yet on the market!

Brokerage 467

Brokerage Investor Agents Pre-approval 467

Lab Coat Agents

NOVEMBER 20, 2024

As a homebuyer, finding the right mortgage can significantly impact your overall financial health. Among the various financing options available, an assumable mortgage offers a unique solution that could lead to substantial savings. What Is An Assumable Mortgage ? How Do I Qualify for An Assumable Mortgage?

Purchase and sale agreement 98

Purchase and sale agreement Mortgages Pre-approval VA loan 98

HomeLight

FEBRUARY 12, 2021

Today, FHA loans represent a fair share of the mortgage market; in 2018, the FHA insured 12.1% of all mortgage originations. As a seller, you’re usually not taking on additional risk by accepting an offer from a buyer pre-approved for an FHA loan than you would with a buyer pre-approved for a conventional loan.

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FHA loan Loans Pre-approval Pre-qualification 111

Redfin

MARCH 4, 2025

Step 1: Get pre-approved If you’re buying with a loan, include a pre-approval letter with your offer. A mortgage pre-approval can also reassure the letter that your financing is likely to be approved during closing. Do some homework up front.

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Pre-approval Inspection contingency Agents Inspection 31

Realty Biz

SEPTEMBER 30, 2023

Mortgages with Low Credit Scores Mortgages with low credit scores can appear challenging, but there are options available. Understanding how a low credit score affects your mortgage and exploring government-backed programs can help you navigate the process. Can you buy a house with bad credit?

Finance 96

Finance Debt-to-income ratio FHA loan Mortgages 96

Redfin

JULY 31, 2024

Key takeaways Shop around for the best mortgage lender : Compare offers from multiple lenders, including banks, credit unions, and online lenders, to find the best rates and terms for your mortgage. Understand loan options: Learn about different mortgages like conventional, jumbo, and government-backed loans (FHA, VA, USDA).

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Pre-approval Pre-qualification Mortgages Loans 71

Realtor.com

AUGUST 26, 2020

Andrei Stanescu / iStock Some mortgage lenders are asking customers taking out a mortgage to confirm they don’t intend to seek forbearance, a move meant to keep losses low during a pandemic that has put millions of Americans on shaky financial footing. For mortgage lenders, the forbearance penalty is an added concern.

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Loans Debt-to-income ratio Mortgages Purchase and sale agreement 102