Housing Wire

MARCH 28, 2025

The bill introduces a new section called Consumer Privacy in Mortgage Applications to the Idaho Residential Mortgage Practices Act. The new provisions, which take effect July 1, regulate the use of consumer information linked to mortgage credit inquiries and define who has access to it.

Mortgages 364

Mortgages Residential Banks As-is 364

Housing Wire

MAY 21, 2024

After two years of limited demand, private equity and insurance companies are increasing their allocations to single family residential mortgages. These strong fund flows are resulting in tighter credit spreads, higher prices, and an increased focus on sourcing new originations.

Residential 488

Residential Equity Mortgages Purchase and sale agreement 488

Housing Wire

DECEMBER 23, 2024

When mortgage rates decline, sales improve, but it becomes more challenging for builders and buyers when rates rise. As mortgage rates keep increasing along with supply, this doesnt bode well for housing starts growing meaningfully. Is 2025 the first year we start losing residential construction jobs?

Residential 525

Residential Construction Sales Mortgages 525

Housing Wire

JANUARY 22, 2025

Mykhailyna, who is based in Denver, had previously held both a Colorado certified residential appraiser license and a controlling appraiser license. and Rocket Mortgage of discrimination under the Fair Housing Act. In addition to the revocation of his license, Mykhailyna must pay a total fine of $97,500.

Mortgages 418

Mortgages Residential Development 418

Housing Wire

FEBRUARY 7, 2025

The labor market is showing signs of softness but is not breaking down yet, which has kept mortgage rates higher for longer. Since 2022, my guiding principle has been that the labor market is more important than inflation in determining mortgage rates. This is the reason mortgage rates are around 7% and not around 6% today.

Mortgages 450

Mortgages Marketing Residential Construction 450

Housing Wire

DECEMBER 18, 2024

Interestingly, employment for residential construction workers typically one of the first areas to experience declines before a recession has not yet seen its usual downturn. Perhaps most importantly, some homebuilders have been subsidizing mortgage rates to help maintain employment and finish ongoing projects.

Construction 510

Construction Residential Sales Mortgages 510

Housing Wire

FEBRUARY 6, 2024

Banks reported having tightened lending standards across almost all categories of residential real estate loans over the fourth quarter of 2023 amid an elevated interest rate environment. banks said they saw weaker demand for all types of residential real estate loans except for government (46.2%) and subprime mortgage loans (41.6%).

Residential 497

Residential Lending Banks Mortgages 497

Housing Wire

JULY 10, 2024

Highlands Residential Mortgage announced that Dan Carson recently joined the company as a senior vice president and area manager of its Park Cities branch in Dallas. Carson has spent more than a decade in the mortgage industry, having previously served in leadership positions for OriginPoint , Willow Bend Mortgage Co.

Residential 432

Residential Mortgages Banks Industrial 432

Housing Wire

MARCH 13, 2025

Mortgage applications for new-home purchases fell 6.9% year over year in February, according to data from the Mortgage Bankers Association (MBA)’s Builder Application Survey that was released Thursday. Census Bureau ‘s new residential sales report hit a seasonally adjusted annual rate of 634,000 units in February, up 2.9%

FHA loan 364

FHA loan VA loan Mortgages Loans 364

Housing Wire

JANUARY 21, 2025

After years of high interest rates, and price spikes, mortgage lenders are optimistic heading into 2025. Fannie Mae predicts a 28% increase in mortgage originations to $2.1 The Mortgage Bankers Association (MBA) also predicts that total origination volume will increase by 28.5%

Mortgages 370

Mortgages Investor Loans Principal 370

Housing Wire

JANUARY 17, 2025

In a changing real estate market , mortgage lenders face increasing demand. If high mortgage rates and increased liquidity management arent challenging, then regulatory changes, operation inefficiencies, and economic uncertainty are enough. Fortunately, SitusAMC can handle that, letting mortgage originators focus on their goals.

Marketing 366

Marketing Residential Commercial Loans 366

Housing Wire

JANUARY 27, 2025

Without more clarity on mortgage rates , substantial growth in housing permits is unlikely. We are maintaining a steady level, with the best results appearing when mortgage rates approach 6%. If you’re wondering why construction labor might be at risk in 2025, supply is piling up and mortgage rates are still above 7%.

Sales 483

Sales Construction Mortgages Residential 483

Housing Wire

APRIL 15, 2025

Per a release from Friday Harbor, the seed round will support the growth of its engineering team and support integrations with leading mortgage LOS and point-of-sale platforms Friday Harbor was co-founded by Theo Ellis (CEO) and Jesse Collins (CTO) and launched in 2024 with support from the AI2 Incubator and CoFound Partners. .

Mortgages 271

Mortgages Lending Technology Residential 271

Housing Wire

FEBRUARY 25, 2025

Fannie Mae on Tuesday announced the results of its 2024Servicer Total Achievement and Rewards(STAR) program, recognizing 29 mortgage servicers for “competency, capability, and overall performance.” Guild Mortgage Co. PHH Mortgage Corp. Dovenmuehle Mortgage Inc. Freedom Mortgage Corp. BOK Financial Corp.

Mortgages 264

Mortgages Banks Lending Residential 264

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 company — which is headquartered in Costa Mesa, California — also lost its mortgage lender license in Connecticut earlier this month.

Lending 448

Lending Loan Officer Banks Loans 448

Housing Wire

JANUARY 21, 2025

The Mortgage Bankers Association (MBA)s education division, MBA Education, recently launched its Mortgage Banking Bound (MBB) program at Cleveland State University. Last week, our first class was led by Jen Peachman from GVC Mortgage. 15 and goes until the end of April, Hoffman told HousingWire. Lectures are done by MBA members.

Banks 370

Banks Mortgages Lending Residential 370

Housing Wire

MARCH 20, 2025

on Thursday announced that Blue Ridge Bank has entered into a definitive asset purchase and sale agreement to sell certain assets of its mortgage division. A press release from Blue Ridge confirmed that the division, currently operating as Monarch Mortgage , is being sold to an unrelated third-party mortgage company.

Banks 290

Banks Purchase and sale agreement Mortgages Residential 290

Housing Wire

MARCH 17, 2025

A bill being deliberated in the Washington State Senate regarding a foreclosure mediation program would except reverse mortgage borrowers over the age of 61. This is according to a comment letter submitted by NRMLA to the sponsoring lawmakers and language in the proposed bill, as reviewed by HousingWire s Reverse Mortgage Daily (RMD).

Mortgages 359

Mortgages Loans Equity Residential 359

Housing Wire

APRIL 18, 2025

The Mortgage Bankers Association ‘s (MBA) Builder Application Survey (BAS) data for March 2025 revealed that mortgage applications for new home purchases increased 5.5% Census Bureaus New Residential Sales report, were running at a seasonally adjusted annual rate of 629,000 units in March 2025. compared to a year ago.

VA loan 203

VA loan FHA loan Mortgages Loans 203

Housing Wire

MARCH 18, 2025

However, employment for residential construction workers hasnt fallen at all, even with the decline in housing starts and permits. For those looking for recession signals , a decrease in the number of residential construction workers is usually an early sign. Why haven’t the homebuilders started doing layoffs?

Construction 404

Construction Residential Sales New Construction 404

Housing Wire

JANUARY 10, 2025

Residential building construction added 3,500 jobs from November, while residential specialty trade contractors added just 500 positions. This will push mortgage rates higher in the near term, Fratantoni said. The construction sector showed little month-over-month change, adding just 8,000 jobs.

Residential 396

Residential Construction MLS Mortgages 396

Housing Wire

NOVEMBER 15, 2024

While shoppers flock to malls and online retailers for Black Friday deals, M/I Homes is shifting the focus to residential real estate with holiday incentives that rival traditional doorbusters. That’s right, there are Black Friday home sales! Several areas, including Central Ohio, Greater Austin, Texas, and Charlotte, N.C.,

Fixed-rate mortgage 418

Fixed-rate mortgage Closing costs Residential Finance 418

Housing Wire

OCTOBER 24, 2024

The big publicly traded builders have money to pay down mortgage rates and manage their pipelines better than smaller homebuilders. We had no growth in residential construction work hiring earlier in the year when rates were higher. We had no growth in residential construction work hiring earlier in the year when rates were higher.

Sales 488

Sales Construction Mortgages Residential 488

Housing Wire

APRIL 17, 2025

mortgage lender United Wholesale Mortgage (UWM) on Wednesday became the target of a lawsuit from the Ohio Attorney General, Dave Yost, who claims UWM conspired with mortgage brokers to steer loans and rip off consumers in Ohio. He seeks compensation for affected consumers and civil penalties to the company.

Lending 390

Lending Loans Mortgages Residential 390

Housing Wire

APRIL 18, 2025

The company analyzed a portfolio of residential , commercial and business-purpose loans totaling approximately $80 billion. In Q1 2025, FundingShield said it received increased data requests from lender clients undergoing mortgage origination risk assessment audits. It found that 46.8% errors the highest number on record.

Title 355

Title Closing Commercial Loans 355

Housing Wire

NOVEMBER 22, 2024

housing market slowed down in the third quarter due to rising home prices and higher mortgage rates , investor purchases also ramped down, according to a new report by Redfin. in Q1 2022, when investors were taking advantage of low mortgage rates. As the U.S. Investors purchased $38.8 billion worth of properties in Q3 2024, up 3.4%

Investor 488

Investor Residential Brokerage Mortgages 488

Housing Wire

JULY 8, 2024

Global asset manager Bain Capital announced Monday that it has acquired a controlling stake in Archwest Capital , a California -based company that offers financing to residential real estate investors. In March, its venture capital arm was part of a $30 million funding round to mortgage verifications provider Argyle.

Residential 435

Residential Lending Finance Investor 435

Housing Wire

JUNE 6, 2024

Mortgage lending in the U.S. million mortgages secured by residential property, the 11th drop recorded in the past 12 quarters and the lowest level since the year 2000, according to the newest U.S. Residential Property Mortgage Origination Report compiled by data provider Attom. dropped by 6.7% households.

Lending 493

Lending Mortgages Residential Loans 493

Housing Wire

JANUARY 30, 2025

This was some of the perspective shared by Matt Cook, the director of business development at HomeTeam Inspection Service , who shared with HousingWire ‘s Reverse Mortgage Daily (RMD) how the growing number of older homeowners is impacting what he sees on a daily basis. Some feel like homes arent built like they used to be.

Inspection 277

Inspection Mortgages New Construction Equity 277

Housing Wire

APRIL 18, 2025

Planting his roots Stone got his industry start at just 25 years old, quickly making a name for himself while taking on a variety of projects including residential subdivisions, warehouses and even a medical office condominium. I did residential, I did commercial, you name it. I actually had a real estate license, he said.

Title 369

Title Residential Industrial Commercial 369

Housing Wire

FEBRUARY 24, 2025

billion deal to acquire the depository bank’s residential mortgage servicing operations. The third-party originations team members will transition to non-QM lender A&D Mortgage. Cooper comes just days after the Mortgage Bankers Association lowered its 2025 projections for refinancing origination volume.

Banks 355

Banks Residential Mortgages Technology 355

Housing Wire

NOVEMBER 1, 2024

Mike Fratantoni, chief economist for the Mortgage Bankers Association , noted that while mass layoffs have not occurred, the pace of hiring has slowed in recent months. Residential construction gained 1,300 jobs in October, while residential specialty trade contractors shed 6,600 jobs.

Construction 370

Construction Residential MLS Mortgages 370

Housing Wire

AUGUST 29, 2024

million residential mortgage originations in the second quarter of 2024, an increase of 23.2% The increase in overall lending in Q2 came amid the Spring homebuying season and lower mortgage interest rates that dipped downward after months of increases, according to Attom ’s Q2 residential property mortgage origination report.

Mortgages 431

Mortgages Fixed-rate mortgage Lending Residential 431

Housing Wire

DECEMBER 2, 2024

The agreement, announced on Monday, will aim to address “critical residential housing needs across the U.S.,” The adaptability of Wrightwell to a changing mortgage rate environment helped to make its suitability for the task clear, according to Brad Hartung, senior portfolio manager at Saluda Grade and a board member at Wrightwell.

Finance 397

Finance Residential Commercial Construction 397

Housing Wire

JULY 15, 2024

For the sake of simplicity, I will keep my comments restricted to residential real estate in the US. Post-purchase: F Post-purchase, mortgage servicing remains imperfect, with scatter-shooting being the order of the day. To some, any suggestion that AI is anything but liberatory is heresy.

Residential 439

Residential Finance Technology Staging 439

Housing Wire

JANUARY 24, 2025

Business-purpose residential mortgage lender Dunmor announced Thursday that it has received a minority equity investment from Newfi Lending , a nonagency mortgage lender owned by funds managed by Apollo Global Management. According to Dunmor, the investment is an extension of an original partnership initiated in June 2024.

Equity 364

Equity Lending Residential Branding 364

Housing Wire

FEBRUARY 28, 2025

Florida-based non-QM lender A&D Mortgage on Friday announced an offering of $458.9 million in residential mortgage-backed securities ( RMBS ), calling it another milestone in the companys commitment to expanding financing solutions for borrowers with diverse income streams.

Mortgages 230

Mortgages Loans Residential Banks 230