Housing Wire

APRIL 10, 2025

Volatility is becoming the new norm in today’s commercial real estate market. To help investors survive uncertain times, professionals must understand market trends and develop a game plan for success. His words contain valuable knowledge that investors need to thrive in this market. A change is needed.

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Investor Commercial Finance Loans 468

Housing Wire

MARCH 21, 2025

housing market remains challenging for prospective buyers as concerns over mortgage rates , home prices and affordability persist in 2025. Many first-time homebuyers are stretching their finances to the limit. I believe the concerns for the market at this point are dramatically related to geographics.

Debt-to-income ratio 335

Debt-to-income ratio Loan Officer Marketing Loans 335

Housing Wire

OCTOBER 25, 2024

Mortgage technology startup Novaprime is making its public debut with the launch of an AI-powered loan platform that it claims allows lenders to sell loans to investors in just days, instead of weeks, all with a high degree of accuracy. Loan details needing attention are routed to a professional for a better borrower experience.

Loans 435

Loans Investor Closing Lending 435

Housing Wire

FEBRUARY 6, 2025

Describing the modern-day mortgage market as challenging would be an understatement, to say the least. The average rate throughout 2024 for 30-year fixed mortgages was 6.72% higher than it was during the 2008 market crash. It reflects another pressing issue of imbalanced supply and demand in the housing market.

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Loans Mortgages Equity Construction 343

Housing Wire

MARCH 12, 2025

Evergreen Home Loans has expanded into New Mexico , opening branches in Albuquerque and Carlsbad. provides origination, funding and servicing for home loans. As we continue our expansion, our focus remains on delivering home financing solutions that put our clients first.

Loans 351

Loans Construction Finance Mortgages 351

Housing Wire

APRIL 10, 2025

Americas housing market isnt just cooling its frozen in place. homeowners hold mortgages below 4%, according to the Federal Housing Finance Agency. Servicing portfolios are clogged with long-dated, low-yield loans that strain balance sheets. But this isnt just a temporary side effect of high interest rates. And while U.S.

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Design Marketing Fixed-rate mortgage Finance 286

Housing Wire

FEBRUARY 4, 2025

Arrival Home Loans on Tuesday announced a partnership with zavvie a fintech company that specializes in bringing liquidity to residential real estate in an effort to enhance the homebuying experience for its customers. Arrival Home Loans, which is powered by Pacific Private Money Inc. produced a total volume of $52.5

Loans 334

Loans Loan Officer Finance Brokerage 334

Housing Wire

OCTOBER 15, 2024

It also must provide $7 million for a home loan subsidy program in majority-Black neighborhoods, and it must pay at least $1 million to serve the neighborhoods it redlined , according to the terms of the agreement released on Tuesday. billion in home loan production. billion in home loan production. million civil penalty.

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Lending Loan Officer Loans Mortgages 468

Housing Wire

JULY 19, 2024

“A national secondary market for construction financing could allow lenders, like state housing finance agencies and banks, to provide the investment capital needed to get multifamily housing projects built and keys in families’ hands.” This could make the overall cost to entry — which is already low — more digestible.

Construction 488

Construction Finance Development Marketing 488

Housing Wire

JANUARY 30, 2025

Tom Davis: When you’re working with a professional and you want expertise, you’re going to want to work with someone who is the expert in your market. Davis: Either you take market share or someone takes yours, right? trillion, followed by auto loans at $1.1 A lot of folks were expecting a decline in 2025.

New Construction 338

New Construction Construction Marketing Investor 338

Housing Wire

MARCH 14, 2025

Traditional loan officers who focus solely on transactions are being replaced by mortgage professionals who act as financial strategists, long-term advisors, and educators. Heres how the mortgage industry is changing and what loan officers must do to thrive. Understanding todays mortgage market challenges 1.

Mortgages 363

Mortgages Loan Officer Marketing Loans 363

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.

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Investor New Construction Construction Loans 448

Housing Wire

OCTOBER 24, 2024

But only about 17,000 delinquent loans completed the foreclosure process in the second quarter of 2024, almost one-third of the nearly 45,000 that completed the foreclosure process in Q1 2020. Often, the best available option for staying in the home is through a loan modification or some other type of repayment plan with the bank.

Bankruptcy 448

Bankruptcy Equity Hard money loan Finance 448

Housing Wire

OCTOBER 21, 2024

In a housing market shaped by uncertainty, military veterans and service members are emerging as some of the most confident and prepared homebuyers, outpacing their civilian counterparts. This was driven by optimism about the housing market and economy. It also shows up in their personal finances.

Finance 476

Finance Mortgages Loans Marketing 476

Housing Wire

MARCH 31, 2025

Rocket Companies is buying Mr. Cooper , America’s largest mortgage servicer, in a market-shattering deal that could reshape the mortgage industry for years to come. Cooper did about $23 billion in originations last year, according to Inside Mortgage Finance data. billion , is paying an equity value of $9.4

Finance 468

Finance Title Mortgages Equity 468

Housing Wire

JANUARY 23, 2025

billion in total or as much as $1,692 per loan. The Federal Housing Finance Agency had previously estimated that the pilot could save consumers between $500 and $1,500 per transaction. In their analysis, Nigrinis and Zywicki found that borrowers refinancing their mortgage could save an estimated $2.19

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Title Land Loans Closing costs 468

Housing Wire

OCTOBER 31, 2024

Reverse mortgage industry leader Finance of America (FOA) announced updates on Thursday to the interest rate for HomeSafe Second, its proprietary second-lien reverse mortgage product. The interest rate on the loan has been lowered from 9.99% to 9.49%. The interest rate on the loan has been lowered from 9.99% to 9.49%.

Mortgages 434

Mortgages Equity Loan Officer Loans 434

Housing Wire

MARCH 27, 2025

. “By covering these expenses, we’re creating a rising tide that lifts all boats consumers get more affordable mortgages, lenders reduce expenses and close loans faster, and our industry takes another step toward truly digital mortgages. This is about fundamentally transforming how the mortgage ecosystem works together.”

Mortgages 391

Mortgages Loan Officer Technology Loans 391

Housing Wire

APRIL 22, 2025

housing market, with more listings hitting the market and warmer weather making it easier for buyers to tour homes and explore their options. This means empowering loan officers with the tools and training they need to serve todays buyersfast preapprovals, clear communication and seamless closings.

Loan Officer 351

Loan Officer Finance Loans Mortgages 351

Housing Wire

DECEMBER 18, 2024

Market data at HousingWire ‘s Mortgage Rates Center showed an average fixed rate of 6.87% for 30-year conforming loans on Wednesday, a slight increase from the week ending on Dec. Meanwhile, government loan activity increased across all loan types, excluding U.S. Department of Veterans Affairs (VA) loans.

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VA loan Mortgages FHA loan Loans 395

Housing Wire

AUGUST 30, 2024

As a salve, a vocal minority of activists say that “simply” allowing the financing of buyer-agent commissions into mortgages will resolve all concerns. As an economist focused on the real estate market for years, I’m wary of ideas that sound too good to be true. This claim is misguided, oversimplifying a more complicated reality.

Finance 448

Finance Agents FHA loan Closing costs 448

Housing Wire

NOVEMBER 1, 2024

About one in three (35%) received special financing, while 26% made their purchase offer contingent upon a lower rate. Zillow home trends expert Amanda Pendleton noted a trend of new buyers thinking outside the box when it comes to mortgage financing. There are also nontraditional loan types such as an adjustable-rate mortgage (ARM).

Mortgages 321

Mortgages Finance Loan Officer Loans 321

Housing Wire

APRIL 18, 2025

The company analyzed a portfolio of residential , commercial and business-purpose loans totaling approximately $80 billion. of these transactions contained issues that could lead to fraud, with each problematic loan averaging 2.5 It found that 46.8% errors the highest number on record.

Title 363

Title Closing Commercial Loans 363

Housing Wire

NOVEMBER 13, 2024

The report also said that potential Black homebuyers are too often shut out of the opportunity to participate in the market. Additionally, the report finds it “alarming” that a strong Black presence in the labor market is “not prompting increases in homeownership or narrowing the wealth gap.”

Pre-approval 418

Pre-approval Mortgages Loans Finance 418

Housing Wire

FEBRUARY 13, 2025

“We also continued to support other market participants,” Whitlinger added during the call. “For example, last year alone, Freddie Mac acquired more than 1 million loans from over 1,000 lenders of all sizes across the country. The proceeds enabled Freddie Mac to help nearly 1.6 “Full-year net revenues of $23.9

Finance 443

Finance Loans Mortgages Investor 443

Housing Wire

DECEMBER 11, 2024

Data at HousingWire ‘s Mortgage Rates Center showed an average rate of 6.85% for 30-year conforming loans on Wednesday, a slight decrease from the week ending Dec. Government loan activity saw a slight jump. Department of Veterans Affairs (VA) loans followed suit, jumping 270 bps to 16.3% of all applications.

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As-is VA loan Mortgages Loans 397

Housing Wire

NOVEMBER 4, 2024

The third party origination (TPO) division of Rocket Mortgage on Monday announced the rollout of its latest product, 24 Takeoff, which allows mortgage broker partners to receive a 24 basis point credit on all eligible loans until Nov. 15 at 2 pm EST. Rocket’s new offering debuts roughly one a week ahead of its Nov.

FHA loan 370

FHA loan Mortgages Marketing Loans 370

Housing Wire

MARCH 24, 2025

“A loan-to-value ratio that is too high, either because of a limited down payment or an appraisal of the home that resets the value used to calculate this ratio, can also be a factor,” she said. The type of mortgage also plays a role, with jumbo and nonconventional loans facing higher rejection rates.

Debt-to-income ratio 332

Debt-to-income ratio FHA loan Mortgages Loans 332

Housing Wire

APRIL 22, 2025

Lenders can use down payment assistance (DPA) to lower a homebuyers loan-to-value (LTV) ratio by an average of 6%. For lenders, that means more ways to qualify buyers and close loans in a tough market. The average benefit is $18,000. Nonprofits accounted for 21%, a 2% increase over Q4 2024. State FHAs represented 18%.

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Closing costs Loans Closing Finance 322

Housing Wire

MARCH 10, 2025

Together, we will improve the experience by connecting traditionally disparate steps of the search and financing process with leading technology that removes friction, reduces costs and increases value to American homebuyers. The deal is projected to boost Rockets adjusted earnings per share by late 2026.

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Purchase and sale agreement Pre-approval Brokerage Equity 482

Housing Wire

APRIL 22, 2025

As it aims to appeal to potential clients who may be taking a closer look at tapping into home equity , reverse mortgage lender Finance of America (FOA) has debuted a new marketing campaign in concert with its new creative agency to illustrate the lifestyle impacts of its products. Well let the market tell us where to go from there.

Equity 293

Equity Marketing Finance Mortgages 293

Housing Wire

SEPTEMBER 17, 2024

Home equity solutions provider Unison launched a new product on Tuesday that combines the features of traditional mortgage financing and emerging home equity investment (HEI) options. The San Francisco -based Unison calls its new offering the Equity Sharing Home Loan. Borrowers can repay the loan early without penalty.

Equity 459

Equity Loans Debt-to-income ratio Renovation 459

Housing Wire

SEPTEMBER 4, 2024

Bosman and Kulvin each have decades of experience in real estate finance and “will strengthen Pretium’s investment team as the firm continues to expand its impact in the residential financial ecosystem,” the company said in its announcement. The firm hired Brendan Bosman, a former senior managing director and head of U.S.

Finance 448

Finance Residential Investor Lending 448

Housing Wire

NOVEMBER 13, 2024

Smith will lead teams across sales, operations, finance, servicing and corporate functions at the South Carolina-based mortgage lender that originated about $16 billion in mortgage loans from January to September, up 2.7% compared to the same period last year, according to Inside Mortgage Finance (IMF).

Mortgages 370

Mortgages Loan Officer Finance Lending 370

Housing Wire

NOVEMBER 13, 2024

Better Home & Finance Holding Co., million in Q2 2024 related to mark-to-market impacts on its lock pipeline. The company also reported a funded loan volume of $1.035 billion for Q3 2024, up 42% year over year and up 8% quarter over quarter, with 71% of this volume attributed to purchase loans. million in Q3 2023.

Mortgages 370

Mortgages Loan Officer Loans Technology 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. Karl Benjamin, the company’s executive vice president of wholesale, highlighted the new products as solutions for leveling the mortgage market playing field.

Loans 343

Loans Finance Investor Mortgages 343

Housing Wire

OCTOBER 28, 2024

Fluctuating interest rates and a fast-changing market Last month, we saw the Federal Reserve deliver their long-awaited decision to lower interest rates with a 50 basis points cut, and 30-year mortgage rates reached as low as 6.08% according to ICE’s 30-year fixed conforming rate index.

Loan Officer 435

Loan Officer Pre-approval Technology Loans 435