Housing Wire

OCTOBER 15, 2024

From there, Collins dives deeper into Tomo’s past and mentions its focus on purchase loans versus refinances and other product types. Collins asks Schwartz to share how he balanced working with real estate agents and other referral partners by leveraging AI to develop the “ Costco loan origination method.“

Loans 259

Loans Marketing Technology Mortgages 259

Housing Wire

APRIL 10, 2025

To help investors survive uncertain times, professionals must understand market trends and develop a game plan for success. In this executive conversation, van der Reis explores his experience in CRE finance, technology, loan servicing , and risk management. HW: Multifamily investors have had to deal with many market shifts recently.

Investor 468

Investor Commercial Finance Loans 468

Housing Wire

NOVEMBER 20, 2024

In August 2023 , the bank disclosed it was under investigation by the Department of Housing and Urban Development (HUD) after the nonprofit organization filed a complaint alleging violations of the U.S. and we are honored to support these efforts through our loans, investments and grants.” Fair Lending Act.

Loan Officer 418

Loan Officer Lending Banks Loans 418

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

OCTOBER 25, 2024

In this HousingWire Executive Conversation, Tom Davis, Chief Sales Officer at Deephaven , discusses the opportunities in the non-QM investor loan space as we head into the new year. He emphasizes the importance of a diverse product portfolio including DSCR and business-purpose loans, to better serve clients.

Investor 448

Investor New Construction Construction Loans 448

Housing Wire

APRIL 2, 2025

Overall purchase activity has shown year-over-year growth for more than two months as the inventory of existing homes for sale continues to increase, a positive development for the housing market despite the uncertain near-term outlook. For 30-year fixed-rate mortgages with jumbo loan balances, rates decreased to 6.76% from 6.77%.

Fixed-rate mortgage 405

Fixed-rate mortgage Loans Mortgages Development 405

Housing Wire

OCTOBER 30, 2024

The firm offers “smart loans” using artificial intelligence and developed a cloud-based portal, LoanFlow , that aims to give mortgage brokers and loan officers the ability to originate loans anytime, anywhere.

Lending 448

Lending Loan Officer Banks Loans 448

Housing Wire

MARCH 13, 2025

Vice Capital Markets , a mortgage hedge advisory firm for independent lenders, banks and credit unions, announced Thursday that it is the first to integrate Fannie Mae s new loan pricing application programming interface (API) into its trading portal.

Loans 214

Loans Marketing Banks Mortgages 214

Housing Wire

APRIL 9, 2025

Department of Housing and Urban Development (HUD) Office of the Inspector General (OIG) related to the Home Equity Conversion Mortgage ( HECM ) program, there are four open recommendations according to a review by HousingWire ‘s Reverse Mortgage Daily (RMD). On an online database tracking a series of issues the U.S.

Mortgages 394

Mortgages Principal Loans Equity 394

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

DECEMBER 20, 2024

Over the years, Ive observed a glaring issue that stifles the growth and success of many mortgagecompanies: promoting top-producing loan officers into management roles without equipping them with the tools, training, or even determining whether they want to be leaders. Leadership, however,demands a shift to prioritizing team success.

Industrial 395

Industrial Loan Officer Mortgages Loans 395

Housing Wire

AUGUST 2, 2024

is acquiring Garden State Home Loans Inc. Garden State had 34 sponsored loan officers and two active branches—in Medford (New Jersey) and Maitland (Florida)—as of Friday, per the Nationwide Multistate Licensing System (NMLS). billion in 19,000 loans since its foundation. billion in 19,000 loans since its foundation.

Banks 468

Banks Loans Loan Officer Lending 468

Housing Wire

OCTOBER 17, 2024

The Federal Home Loan Banks (FHLBanks) saw significant growth in support of affordable housing and community development in 2023, according to a report released Thursday by the Federal Housing Finance Agency (FHFA). FHFA Director Sandra Thompson lauded the development in a statement accompanying the report.

Banks 459

Banks Loans Development Finance 459

Housing Wire

APRIL 8, 2025

Fairway now enables HECM borrowers to e-sign most loan documents before closing, making the process more efficient, convenient and borrower-friendly, the company said. Department of Housing and Urban Development (HUD) rules still require such signatures on certain documents, the company explained. Fairway Independent Mortgage Corp.

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Closing Mortgages Lending Technology 331

Housing Wire

NOVEMBER 13, 2024

Black mortgage applicants are turned down more often than whites; Blacks are more likely to receive high-cost home loans than their white counterparts on similar properties, and houses in Black neighborhoods are less likely to be appraised at the same values compared to similar homes in white communities,” the report found.

Pre-approval 418

Pre-approval Mortgages Loans Finance 418

Housing Wire

JULY 12, 2024

aka Nutter Home Loans , recently scored what an attorney has characterized as a win in a case brought against it by the U.S. Department of Housing and Urban Development (HUD) underwriting requirements in connection with the underwriting of approximately 1,500 [HECMs],” they explained. 9 — the defense is encouraged by this development.

Loans 447

Loans Development Mortgages Equity 447

Housing Wire

FEBRUARY 11, 2025

Mortgage lending, small business loans, and investments in local development projects are all driven by local lenders who know their markets, live in their communities, and have a vested interest in the growth of their economies. The FHLBanks are also key players in affordable housing and community development initiatives.

Lending 394

Lending Development Banks Loans 394

Housing Wire

DECEMBER 18, 2024

The new credit optimization platform will combine the best parts of the What-if Simulator and Wayfinder tools, giving mortgage professionals the power to reach more clients and close more loans. CreditXpert developed the platform to cut down loan filing timelines. 1 in preparation for the launch of the new platform.

Loan Officer 397

Loan Officer Loans Technology Mortgages 397

Housing Wire

OCTOBER 22, 2024

Rawls is the latest addition to a leadership team of seven executives at the developing company. Guaranteed Rate Affinity highlighted Rawls’ promotion as a key development in their partnership with New Jersey-based real estate franchise Coldwell Banker , a subsidiary of Anywhere.

Lending 433

Lending Mortgages Loan Officer Development 433

Housing Wire

OCTOBER 9, 2024

Mortgage tech firm Candor Technology has expanded its Loan Engineering System (LES) to include Federal Housing Administration (FHA) loans. The company now fully automates underwriting decisions for FHA loans — minus collateral – and also offers a warranty on income calculations and cleared conditions for funded FHA loans.

FHA loan 459

FHA loan Loans Technology Loan Officer 459

Housing Wire

FEBRUARY 10, 2025

ICE Mortgage Technology on Monday announced several enhancements to the Encompass loan origination platform , including a rate lock comparison tool that enables lenders to automatically detect and adjust for changes to a loan that may affect pricing and eligibility.

Loan Officer 353

Loan Officer Technology Loans Development 353

Housing Wire

APRIL 2, 2025

She went on to serve the next 11 years of her career at One Reverse Mortgage as vice president of operations, before that company a division of then- Quicken Loans , later Rocket Mortgage ceased its reverse mortgage product offerings in early 2020. This is roughly in line with other proprietary product offerings in the space.

Loans 352

Loans Mortgages Equity Industrial 352

Housing Wire

JULY 19, 2024

Late last month, Ginnie Mae released a term sheet for one of the most anticipated new developments for the reverse mortgage industry — a new Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) product referred to as “ HMBS 2.0.” To get a better idea of the potential impact that HMBS 2.0

Development 459

Development Industrial Mortgages Fixed-rate mortgage 459

Housing Wire

APRIL 25, 2025

Department of Housing and Urban Development (HUD) Office of the Inspector General (OIG) has issued an updated memorandum of open priority recommendations that aim to increase the department’s efficiency and address key management challenges. The acting head of the U.S. The memo, issued this week by Stephen M.

Technology 322

Technology Loans Development Mortgages 322

Housing Wire

OCTOBER 10, 2024

The platform is intended for housing professionals in various sectors, including 5 million loan officers, appraisers , servicers , underwriters , developers, agents, brokers, attorneys and regulators. Through Araya, CoreLogic will give customers access to the data and analytics of nearly all U.S. properties on one platform.

Loan Officer 459

Loan Officer Technology Industrial Development 459

Housing Wire

MARCH 5, 2025

1 loan originator in the country by volume for at least five years, is assuming the role of president at Rate Mortgage , the company announced Tuesday. Throughout his 20-year career he has closed more than 40,000 units and $9 billion in funded loans. But my biggest focus initially is going to be the loan officers.

Loan Officer 435

Loan Officer Loans Technology Mortgages 435

Housing Wire

AUGUST 27, 2024

Department of Housing and Urban Development (HUD). The update will also now allow 203(k) consultant fees to be financed for a limited 203(k) loan, and rehabilitation periods will be extended for both limited 203(k) loans (to nine months) and for standard 203(k) loans (to 12 months).

Loans 448

Loans Renovation Finance Principal 448

Housing Wire

JULY 19, 2024

Such lenders, the report states, could underwrite mezzanine construction loans under the assumption that a national housing construction fund would have the ability to buy these loans on the secondary market. This could make the overall cost to entry — which is already low — more digestible.

Construction 488

Construction Finance Development Marketing 488

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. The revised LTVs could allow previously ineligible borrowers to have a renewed conversation about securing a loan, the company explained.

Mortgages 342

Mortgages Principal Loans Equity 342

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 342

Lending Technology Title Development 342

Housing Wire

OCTOBER 27, 2024

Yet, despite significant investments in new technologies, the cost to originate loans has dramatically increased. It prevents the development of a skilled workforce that can adapt to new technologies and market conditions. Employee input and engagement are crucial during the development and implementation phases.

Technology 448

Technology Industrial Mortgages Development 448

Housing Wire

APRIL 16, 2025

The integration, announced on Wednesday, connects Rocket to a network of approximately 28,000 active users, including 21,000 loan officers who source mortgage offers from multiple wholesale lenders including Rockets chief rival, United Wholesale Mortgage (UWM) all within a single system. Fast-growing ARIVE is owned by Wizni, Inc.,

Loan Officer 332

Loan Officer Loans Mortgages Branding 332

Housing Wire

MARCH 3, 2025

Name Job Title Company Name Alejandro Franco Vice President of Finance and Controller Cairn Real Estate Holdings Allyson Jackson Executive Vice President Finance and Treasury Planet Home Lending Amit Arora Chief Investment Officer Opendoor Andrey Gunin Chief Financial Officer A&D Mortgage Bill Warden Chief Financial Officer Dark Matter Brandon (..)

Finance 415

Finance Lending Principal MLS 415

Housing Wire

JANUARY 8, 2025

Bloomberg was the first to report the developments. It had no sponsored loan officers. The company also plans to explore strategic alternatives for its credit card business in the first quarter of 2025. These changes are expected to result in a workforce reduction of less than 5% of Ally’s approximately 11,000 employees.

Closing 418

Closing Mortgages Loan Officer Development 418

Housing Wire

JANUARY 13, 2025

Department of Housing and Urban Development (HUD). 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

Housing Wire

APRIL 15, 2025

In turn, these events can lower credit scores and restrict access to traditional methods of home equity tapping, such as a home equity loan or a home equity line of credit ( HELOC ).

Equity 363

Equity Lending Development Loans 363

Housing Wire

FEBRUARY 11, 2025

Conventional loans led January’s credit availability increase, following a similar trend from January 2024. According to the MBA, the MCAI for conventional loans jumped by 380 bps. The index for government loans rose by 100 bps. Although similar to last month, these were limited to borrowers with better credit.

Mortgages 315

Mortgages Loans Technology Development 315