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 458

FHA loan Loans Technology Loan Officer 458

Housing Wire

DECEMBER 17, 2024

The Consumer Financial Protection Bureau (CFPB) on Tuesday announced a final rule governing the Property Assessed Clean Energy ( PACE ) loan program. The rule applies existing protections for residential mortgages to borrowers who seek PACE loans to upgrade or renovate their homes through clean energy technology.

Loans 395

Loans Mortgages Finance Lending 395

Housing Wire

OCTOBER 18, 2024

Provident told broker partners that all loans in the pipeline must be locked by 11:59 p.m. Additionally, all loans currently locked must be funded by the lock expiration date. In particular it’s created a glut of 30-plus-year-old units on the market, with few takers. PST on Oct. 31 or they’ll be declined.

Mortgages 524

Mortgages Marketing Lending Finance 524

Housing Wire

JANUARY 8, 2025

Real estate investment trust Redwood has expanded its home equity platform, Aspire, to include alternative loan products amid affordability challenges in the housing market, the company announced Tuesday. Through Aspire, launched in September 2023, Redwood directly originates home equity investments (HEIs).

Equity 434

Equity Loans Lending Investor 434

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 434

Loans Investor Closing Lending 434

Housing Wire

NOVEMBER 18, 2024

The Federal Housing Finance Agency (FHFA) on Monday announced that it will raise the 2025 multifamily loan caps for purchases by the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac to $73 billion each. Since that point, “both Enterprises have seen encouraging growth in this critical market segment,” the FHFA said. “In

Loans 459

Loans Finance Mortgages Marketing 459

Housing Wire

AUGUST 5, 2024

sent shockwaves through financial markets around the world on Monday. mortgage market , which has already seen big interest rate declines in the past week following a Fed meeting that teased forthcoming cuts to benchmark interest rates, along with a much weaker-than-expected jobs report. Fears of a recession in the U.S.

Mortgages 501

Mortgages Marketing Fixed-rate mortgage Loans 501

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.

Loans 309

Loans Mortgages Equity Construction 309

Housing Wire

SEPTEMBER 6, 2024

To that end, Veterans United Home Loans conducted a study to find which housing markets are best for current and former military members in these two generations. It concluded that the most favorable markets are on the East Coast and in the Midwest. The city that topped the list is Tampa. and the quality of life score ranks No.

Marketing 459

Marketing Loans Mortgages Closing 459

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

OCTOBER 9, 2024

MIAC Analytics is marketing a large mortgage servicing rights portfolio on behalf of a lender with a big book of business in California. The seller will be providing full representations and warranties on the portfolio , which has an average loan size of $343,383. The portfolio consists of $292.91

Marketing 433

Marketing Loans Finance Mortgages 433

Housing Wire

JULY 26, 2024

The HousingWire Pulse Survey for Q3 2024 provides a detailed snapshot of current housing market sentiments and challenges faced by real estate agents, brokers, and mortgage professionals. The survey reveals a generally cautious optimism among these sectors, despite varied expectations regarding market trends over the next three months.

Marketing 482

Marketing MLS Mortgages Agents 482

Housing Wire

OCTOBER 4, 2024

The HousingWire Pulse Survey for Q4 2024 provides valuable insights into the current state of the real estate market from various perspectives: brokerage leaders, mortgage professionals, and real estate agents. This diversity allows for a comprehensive understanding of the market dynamics. Lender stability : 8% expressed concerns here.

Mortgages 459

Mortgages Marketing Brokerage Finance 459

Housing Wire

JANUARY 17, 2025

In a changing real estate market , mortgage lenders face increasing demand. This occurs while they manage the heavy loan of growing origination demand. The primary and secondary mortgage markets may be separate business components, but mortgage originators must understand both businesses intimately.

Marketing 365

Marketing Residential Commercial Loans 365

Housing Wire

AUGUST 8, 2024

Although there is no doubt that business practice changes outlined in the National Association of Realtors’ (NAR) nationwide commission lawsuit settlement agreement are going to impact how real estate industry professionals operate, economists aren’t too sure they’ll have much bearing on the housing market. “I

Debt-to-income ratio 488

Debt-to-income ratio Marketing Mortgages Days on market 488

Housing Wire

OCTOBER 15, 2024

The MCAI for conventional loans fell by 1.7%, while the corresponding index for government loans increased by 0.8%. There was a decline in loan programs for cash-out refinances , jumbo and non-QM loans , including loans that require less than full documentation. to a reading of 98.5 in September.

Mortgages 442

Mortgages Loans Marketing Technology 442

Housing Wire

NOVEMBER 8, 2024

Sean Shallis, a “Recovering Realtor” and top-producing loan officer , is offering strategies to help realtors break through this stagnation by leveraging micro-market shifts to create urgency and inspire action. Leveraging micro-market shifts Realtors have an opportunity to use local market changes to drive urgency for their clients.

Marketing 370

Marketing Loan Officer Equity Loans 370

Housing Wire

OCTOBER 18, 2024

They’ve built a digital platform that brings together loan origination , closing, servicing, and data analysis into an all-in-one mortgage solution. They’ve brought together solutions like Encompass for loan origination, MSP for servicing , Simplifile for electronic recording, and MERS for loan registration.

Technology 441

Technology Mortgages Marketing Loans 441

Housing Wire

SEPTEMBER 5, 2024

Declining mortgage rates have yet to break the dam on the stalled housing market, but the sweet spot on rates that would get the market moving again is about 5%. That’s according to a new survey from Mphasis Digital Risk, which revealed that 42% of prospective buyers said a 5% rate would get them back in the market.

Mortgages 493

Mortgages Marketing Construction Sales 493

Housing Wire

SEPTEMBER 10, 2024

Rocket Companies , the parent of Rocket Mortgage , has set ambitious goals to increase market share by 2027 using its multichannel reach, its origination and servicing flywheel, and its advanced technology platform. The retail direct-to-consumer segment represents about half of the mortgage market, and while we’re already the No.

Mortgages 459

Mortgages Marketing Principal Technology 459

Housing Wire

FEBRUARY 3, 2025

Despite that and other positives, the LA wildfires are still making an impact on the housing market at the local and national levels. The reports analyzes “tens of millions of loans across the spectrum of credit products and more than 160 million historical records.” home-price growth, according to Walden.

Marketing 340

Marketing Mortgages Loans Technology 340

Housing Wire

SEPTEMBER 23, 2024

San Diego-based Smartfi Home Loans , which is primarily active as a wholesale lender in the reverse mortgage space and is actively building a retail division that offers reverse mortgage products, has hired industry veteran Martin Lenoir as its new chief marketing officer.

Marketing 448

Marketing Loan Officer Mortgages Industrial 448

Housing Wire

SEPTEMBER 12, 2024

For one, it’s easier to qualify for more of the homes on the market now that mortgage rates are a bit lower. Attractive properties in hot markets are still selling quickly, but some metros — or neighborhoods within them — have flipped further in favor of buyers.“ “Buyers have more options to choose from for two reasons.

Marketing 482

Marketing Mortgages Loans Sales 482

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. Jaro stands tall as the only end-to-end appraisal platform on the market. This trend had a profound impact on the housing market.

Inspection 448

Inspection Marketing Design Technology 448

Housing Wire

SEPTEMBER 30, 2024

They discuss the latest developments in the mortgage market, along with key dynamics and growth strategies for lenders as interest rates continue to fall. The conversation also covers cost-to-completion metrics, new technology and tactics strategies for making customers happy in today’s market.

Mortgages 458

Mortgages Marketing Technology Lending 458

Housing Wire

NOVEMBER 20, 2024

Mortgage professionals must keep up with the new demand for home equity products in the new market. JS: The home equity wealth of our senior homeowners now exceeds 14 trillion, reflecting a growing market. That growth presents an opportunity for reverse mortgages and home equity loans. JS: I think they’re here to stay.

Equity 370

Equity Finance Marketing Lending 370

Housing Wire

JANUARY 7, 2025

Across the board, mortgage and real estate respondents to the HousingWire Pulse Q1 2025 survey say the housing market will be flat for the first three months of 2025. HousingWire experts are forecasting a more positive outlook for this year’s housing market in their recent 2025 Housing Market Forecast: The Path to Recovery.

Marketing 370

Marketing Industrial Brokerage Mortgages 370

Housing Wire

DECEMBER 17, 2024

Conventional loans accounted for 61.6% of applications, Federal Housing Administration (FHA) loans for 28% and U.S. Department of Veterans Affairs (VA) loans for 9.9% The average loan size for new homes decreased to $402,873, down from $409,942 in October. from the 56,000 sales in October. in November.

FHA loan 396

FHA loan VA loan Mortgages Loans 396

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 300

New Construction Construction Marketing Equity 300

Housing Wire

JUNE 11, 2024

Department of Veterans Affairs (VA) on Tuesday issued a temporary fix that will allow homebuyers using VA loans to pay for their real estate agent’s commission — i.e., the buyer-broker fee. Behr, program analyst at the department’s Loan Guaranty Service and Veterans Benefits Administration, said in a statement.

VA loan 523

VA loan Loans Brokerage MLS 523

Housing Wire

NOVEMBER 14, 2024

These including a certain number of purchase loans for low-income households (defined as households with an income at or below 80% of the area median income (AMI). One of the subgoals covers two types of purchase loans. One of the subgoals covers two types of purchase loans.

Loans 538

Loans Finance Mortgages Development 538

Housing Wire

JANUARY 14, 2025

Professional flippers become experts in certain markets and partner with local professionals such as realtors and contractors with strong reputations. Denver is one example of a city where such major companies as Google, Amazon, and Palantir opened new offices, and the fix and flip market is growing to meet the ensuing demand for housing.

Marketing 397

Marketing Investor Renovation Industrial 397

Housing Wire

JANUARY 12, 2025

During the 10-minute conversation, Pieklo explores his new focus on developing AFR’s wholesale lending strategy, the competitive landscape of the mortgage market, and the company’s unique approach to differentiating itself from other big names in the wholesale space. They didn’t really get into “vanilla loans.”

Mortgages 303

Mortgages Marketing Lending Loans 303

Housing Wire

JULY 10, 2024

The important message in the mortgage data is that even as the economy perhaps finally slows and even as mortgage rates stay higher for longer than anyone expected, the housing market remains buoyed by an incredible cushion of very strong borrowers. Terms: I am upside down on my loan or I have onerous terms.

Equity 545

Equity Loans Mortgages Sales 545

Housing Wire

AUGUST 2, 2024

Prospective borrowers with strong credit are locking in mortgages this week at the lowest rates in more than a year, loan officers and lending executives told HousingWire on Friday. This generally matches up with data from Mortgage News Daily , which looks at marketed rates for strong credit profiles.

Mortgages 514

Mortgages FHA loan Loans Loan Officer 514

Housing Wire

OCTOBER 11, 2024

The real estate data analysis firm noted that the index “has been slightly increasing to flat over the last year, which is expected given the minimal changes affecting the factors that typically drive changing risk in mortgage market.” Purchase loans (0.9%) had higher levels of risk than refinances (0.58%).

Mortgages 516

Mortgages Sales Loans Lending 516

Housing Wire

AUGUST 15, 2024

Why many would forego homeownership during a challenging mortgage market is easy to understand. To make matters worse, there is a limited inventory of homes on the market , as many current homeowners hold rates well below 6% and don’t want to be saddled with higher rates. by the fourth quarter of 2024.

Industrial 476

Industrial Fixed-rate mortgage Banks Loans 476