Housing Wire

OCTOBER 16, 2024

Speakers: Nate Clear, President at First Funding Wade Betz, Head of Correspondent Lending at Mpire Financial Sarah Wheeler, Editor in Chief at HousingWire

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Lending Marketing Mortgages 448

Housing Wire

SEPTEMBER 23, 2024

Los Angeles area-based mortgage lender Premier Plus Lending announced last week that it is expanding into the senior-focused home equity market with a new division, Retirement Mortgage Solutions , which will include reverse mortgages and other home equity-based lending instruments.

Lending 448

Lending Mortgages Equity Loan Officer 448

Housing Wire

SEPTEMBER 20, 2024

If we learned anything from HousingWire’s recent AI Summit , artificial intelligence (AI) is rapidly reshaping lending by streamlining processes, reducing costs, and enhancing the overall borrower experience. In addition, the regulatory environment is ever-changing and with it comes increased burdens on the lending industry.

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Housing Wire

JANUARY 17, 2025

Seattle-based WaFd Bank , which has offered home loans for more than 100 years, announced Thursday in an earnings report that it will exit the single-family mortgage lending business. It further clarified that it will continue its business lending activities, including commercial mortgages, and will begin offering loans backed by the U.S.

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Lending Banks Mortgages Commercial 370

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. “With so many of our lending officers turning to the Knock Bridge Loan as a financing solution, this integration will streamline the approval process.

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Lending Loans Loan Officer Equity 448

Housing Wire

AUGUST 30, 2024

Mortgage banking executive and industry mergers & acquisitions advisor Rick Roque has taken a new executive position at NFM Lending. Roque will lead NFM’s retail growth strategy as corporate vice president of retail, NFM’s Managing Director Greg Sher announced on LinkedIn on Friday.

Lending 435

Lending Land Banks Loans 435

Housing Wire

JANUARY 6, 2025

GVC Mortgage announced the hiring of Jen Peachman as vice president of strategic lending, a move that Peachman confirmed on LinkedIn. ” With more than 20 years of experience in mortgage and financial services, Peachman formerly served as national director of origination sales for Lenders One Mortgage Cooperative.

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Lending Mortgages Loans Sales 418

Housing Wire

OCTOBER 17, 2024

Guild Mortgage announced on Thursday that it has hired Nora Guerra, who worked at Freddie Mac for more than five years, as its senior vice president of community lending solutions. The executive has also advocated for Latino housing equality, receiving awards for her activism.

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Lending Mortgages Development Industrial 435

Housing Wire

DECEMBER 23, 2024

While some forward lending companies have gone out of their way to acquire and incorporate reverse mortgage lending divisions into their ongoing operations, others have bolstered their existing reverse mortgage divisions.

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Lending Mortgages Industrial Finance 396

Housing Wire

SEPTEMBER 17, 2024

Anthony Casa, President & CEO of UMortgage , isn’t mincing words when it comes to the lending practices that often victimize our veterans. Patton Gade, National Director of Military Lending at UMortgage and 2023 Scotsman Guide #1 VA Loan Originator, says, “we can do better. Our veterans deserve better.

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Lending VA loan Loans Mortgages 435

Housing Wire

OCTOBER 7, 2024

This approach integrates QC principles throughout the lending process, from application to servicing. This focus aligns with Fannie Mae’s QC requirements and reflects the growing importance of data in the lending process.

Lending 459

Lending Mortgages Technology Loans 459

Housing Wire

DECEMBER 10, 2024

announced this week the appointment of Gabe Bodner to the head of its 55-plus lending division which includes its reverse mortgage business. James Hecht, the companys CEO , said, We are confident that Gabes leadership will bring fresh energy and innovative strategies to our 55-plus lending division.

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Lending Loans Mortgages Technology 370

Housing Wire

NOVEMBER 13, 2024

In today’s challenging market, higher interest rates and home values have created a unique opportunity for lenders to grow their home equity lending business. Despite the recent interest rate reduction , the demand for home equity products remains strong.

Equity 370

Equity Lending Loans Renovation 370

Housing Wire

DECEMBER 4, 2024

The company named veteran mortgage professional Connie Lindsay as its senior vice president of mortgage lending in Washington state. Top 10 mortgage lender Rate — previously known as Guaranteed Rate — announced a new promotion on Wednesday. Lindsay is the latest addition to Rate’s evolving leadership team of experienced executives.

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Lending Mortgages Loan Officer Loans 397

Housing Wire

OCTOBER 21, 2024

In a high(er) rate environment, non-QM (non-qualified mortgage) lending continues to play an increasingly pivotal role. To explore how Acra Lending has adapted to these shifts, we sat down with Ryan Barrus, a key player in the company’s non-QM division. HW: Acra Lending recently launched its Glide portal. RB: Absolutely.

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Lending Loan Officer Banks Loans 434

Housing Wire

OCTOBER 15, 2024

Department of Justice (DOJ) over the regulators’ allegations of mortgage lending discrimination in majority-Black neighborhoods of the Birmingham, Alabama , metro area. Fairway Independent Mortgage Corp. has agreed to settle with the Consumer Financial Protection Bureau (CFPB) and the U.S million civil penalty. Garland added.

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Lending Loan Officer Loans Mortgages 468

Housing Wire

JANUARY 15, 2025

The study claims that the crisis can be traced back to the early 2000s when subprime lending activities were prevalent. The resulting housing market crash and the Great Recession led policymakers to overcorrect by tightening mortgage lending standards and limiting funds for new construction.

Lending 418

Lending New Construction Staging Construction 418

Housing Wire

SEPTEMBER 23, 2024

California -based mortgage lender loanDepot has hired military advocate Bryan Bergjans as part of an effort to boost its lending capacity in the U.S. Before that, Bergjans spent eight years at Caliber Home Loans , including stints as national director of military and veteran lending and as head of retail business development.

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VA loan Lending Loans Loan Officer 448

Housing Wire

OCTOBER 3, 2024

Speakers: Kevin Peranio, Chief Lending Officer at PRMG Candice McNaught, SVP of National Sales at Supreme Lending Laura Brandao, CEO at Lighthouse Advisors They have decades of experience with receipts to show their approach works, and they’re going to share their hard-earned wisdom with our audience. Watch the full session below.

Lending 448

Lending Sales Mortgages 448

Housing Wire

JULY 19, 2024

Ascent Developer Solutions , a private mortgage lending platform, announced its launch Friday in conjunction with an equity infusion from Elliott Investment Management. Founder and CEO Robert Wasmund has a deep background in the residential construction and bridge lending industry. “We now known as Rithm Capital.

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Construction Development Loans Lending 459

Housing Wire

SEPTEMBER 4, 2024

Figure Technology Solutions , the parent company of Figure Lending LLC , announced on Wednesday the hiring of Ronald Chillemi as its first chief legal officer and corporate secretary. Its 120-plus lending partners include CMG Financial , CrossCountry Mortgage , Fairway Independent Mortgage Corp. Department of Justice.

Lending 448

Lending Technology Equity Mortgages 448

Housing Wire

OCTOBER 11, 2024

million agreement with Citadel Federal Credit Union to settle allegations of lending discrimination in certain neighborhoods of Philadelphia with majority Black and Hispanic populations. Department of Justice (DOJ) announced on Thursday a $6.5 This is the DOJ’s first redlining settlement involving a credit union.

Lending 435

Lending Mortgages As-is Marketing 435

Housing Wire

JANUARY 9, 2025

A spokesperson at The Mortgage Firm told HousingWire thatthroughout its 29-year history, the company has been committed to providing equal credit access to all communities within its lending footprint. million for a loan subsidy program and enhance its fair lending training, among other things.

Mortgages 397

Mortgages Lending Loan Officer Loans 397

Housing Wire

SEPTEMBER 19, 2024

The initial complaint alleged that the bank “engaged in redlining by restricting access to credit and mortgage lending services in majority-Black, Hispanic, and Asian neighborhoods in the New Brunswick, New Jersey area,” adding that the alleged activity persisted from 2018 to 2022.

Banks 447

Banks Lending Loans Loan Officer 447

Housing Wire

MARCH 3, 2024

Looking back, last year’s market was dominated by purchase lending, with loans to buy homes making up 82% of a historically low number of originations. “Since 1995, only two quarters have seen fewer than one million first lien mortgages originated,” Andy Walden, vice president of enterprise research at ICE.

Loans 514

Loans Debt-to-income ratio Lending Banks 514

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. The state’s banking commission also charged the firm with violations of the Truth in Lending Act and the Fair Credit Reporting Act.

Lending 448

Lending Loan Officer Banks Loans 448

Housing Wire

OCTOBER 18, 2024

California-based Provident Funding Associates LLC is getting out of the Florida condo lending business , it told broker partners on Friday. Condos in Florida have to be next level,” said one retail lending executive. Provident told broker partners that all loans in the pipeline must be locked by 11:59 p.m. Condos are hard.

Mortgages 524

Mortgages Marketing Lending Finance 524

Housing Wire

SEPTEMBER 5, 2024

In November 2023, Lower announced the acquisition of Colorado-based Universal Lending. Snyder and his leadership team have executed M&A deals with strategic vision along with textbook execution and integration. Select speakers include: Matthew VanFossen, CEO, Absolute Home Mortgage Corp.

Lending 459

Lending Staging Banks Mortgages 459

Housing Wire

SEPTEMBER 30, 2024

Dubbed Aclara Lending, the joint venture will start in Southern California with plans to expand in the near future. Aclara Lending plans to source capital from 140 wholesale lenders for products such as jumbo, super jumbo and nonqualified ( non-QM ) loans, in addition to more traditional products.

Mortgages 435

Mortgages Lending Brokerage Loans 435

Housing Wire

AUGUST 26, 2024

HousingWire reported that in June 2022, the company raised $115 million — $60 million in equity and $55 million in debt — while acquiring Denver-based lending startup Accept.inc. In 2019, HomeLight acquired Eave , a digital mortgage lending startup. That was the company’s third acquisition.

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Equity Loan Officer Lending Investor 481

Housing Wire

AUGUST 6, 2024

But when I look at the future of mortgage lending, I do believe our industry is going the way of the banking industry. Dustin’s personal brand for exceptional professionalism and leadership is a perfect fit for the Lower vision as the future of home lending.” . “I spent 16 years at one company.

Lending 448

Lending Loan Officer Mortgages Branding 448

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. A&D offers brokers more than 20 lending programs across the agency, government, jumbo and non-QM spectrum.

Mortgages 370

Mortgages Lending Banks Finance 370

Housing Wire

AUGUST 2, 2024

In the message reviewed by HousingWire, DeJoseph wrote that by becoming part of a larger organization, Garden State gains access to a “national lending platform, greater resources, enhanced career development opportunities, and the ability to offer more comprehensive services to our clients, well beyond residential mortgage lending.”

Banks 467

Banks Loans Loan Officer Lending 467

Housing Wire

OCTOBER 28, 2024

Industry professionals hope these standards can go a long way toward normalizing reverse mortgage products within the mainstream lending ecosystem. Almost as important, he added, is the participation of non-reverse lending companies in the conversation.

Mortgages 447

Mortgages Lending Industrial Title 447

Housing Wire

AUGUST 12, 2024

California -based HighTechLending , a top-10 lender in the reverse mortgage industry, recently announced that it was rebranding its wholesale channel to American Senior Lending Wholesale Division in an effort to better align its identity with key business lines designed to serve older borrowers.

Lending 459

Lending Loan Officer Branding Principal 459

Housing Wire

JUNE 17, 2024

closing cost credit is another key component of Wells Fargo’s efforts to help drive economic growth, sustainable homeownership, and neighborhood stability in low- to moderate-income communities,” Kevin Reen, head of Wells Fargo Home Lending, said in a prepared statement.

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Closing costs Closing VA loan Banks 482

Housing Wire

MAY 15, 2024

300 to 850) and also uses score-to-odds ratios, meaning that most lenders will not need to adjust their credit or lending policies to use the new pilot program. The list includes lenders such as Movement Mortgage , CrossCountry Mortgage and Premier Lending. The pilot model uses the same scoring range as VantageScore 4.0 (300

Lending 459

Lending Banks Finance Loans 459