2003, Development and Lending - Property Appraisal Zone

Citi names Brad Wayman head of U.S. mortgage

Housing Wire

MARCH 23, 2021

Wayman first joined Citi in 2003, and most recently, he held the position of head of U.S mortgage sales , where he led distributed retail sales, direct to consumer sales, strategic market business development, community reinvestment strategy and sales support. Before his role as head of U.S. retail banking. “As

Retail

Retail Mortgage Clients Lending

Risks of nonbank mortgage sellers and servicers revisited

Housing Wire

JULY 29, 2021

They further state: “The collapse of the short-term funding structure of nonbanks and some depositories, such as Countrywide Financial , led to rapid losses in liquidity and lending activity. These were 2000-2003, 2004-2008Q2, 2008Q3-2011, and 2012-2015. Specifically, the 1.9 Similar results (2.57

Sellers

Sellers Mortgage Business Lending

NAF taps Mosi Gatling for newly created executive role

Housing Wire

FEBRUARY 27, 2024

Rebecca Anderson, senior vice president of strategic communications and public relations at loanDepot, wrote to HousingWire that the company “enjoys a long history of attracting and developing top-notch talent and “we thank Mosi for her many contributions to loanDepot and wish her the best in the next chapter of her career.”

Loan Officers

Loan Officers Development Mortgage Real Estate

CRN – Gross Living Area Measuring Standards Announcement

Appraisal Buzz

NOVEMBER 3, 2021

The Collateral Risk Network (CRN) announced today its formal endorsement of the gross living area measuring standard developed by the National Association of Home Builders (NAHB). The CRN applauds NAHB and the Home Lab for their efforts in developing this standard.”. ANSI Z265 has been adopted by the states of Kentucky and Mississippi.

Valuation

Valuation Development Technology Appraisal

New American Funding onboards top Chicago loan officer

Housing Wire

APRIL 2, 2024

Larry Steinway, VP producing area sales manager at New American Funding He joins NAF from Revolution Mortgage , where he served as branch production sales manager and SVP of mortgage lending for a little over a year. The lender originated $9.6 billion in mortgages in 2023, according to estimates from Inside Mortgage Finance.

Loan Officers

Loan Officers Retail Finance Buyers

Rocket names Heather Lovier as chief operating officer

Housing Wire

JUNE 26, 2024

An industry veteran, Lovier joined Rocket Mortgage , the company’s lending arm, in 2003. It’s the latest top executive change as Rocket pursues its mission of developing a homeownership journey powered by artificial intelligence (AI) under Varun Krishna’s leadership. The goal is to close loans faster.

Lending

Lending Clients Technology Development

ReverseVision acquired by Constellation Software

Housing Wire

FEBRUARY 10, 2022

This acquisition expands our footprint in the digital mortgage ecosystem, and we are thrilled to have them join us as we continue to develop innovative and streamlined technology solutions in the lending space.”. In January, the company also added a new director of business development. This is a developing story.

Development

Development Modernization Technology Mortgage

Trade groups express concern to FHFA over historic credit data

Housing Wire

MAY 13, 2024

Our members continue to believe that it is imperative to have credit reporting data ‘through the cycle’ back to 2003 given the sensitivity of mortgage default and prepayment to origination credit scores.” FHFA’s current lack of a plan to include “through the cycle” data increases the importance of the data itself, the letter explained.

Legal

Legal Mortgage Contracts Insurance

Fannie Mae announces first chief diversity and inclusion officer

Housing Wire

MARCH 1, 2022

Prior to her seven-year stint at the Federal Home Loan Bank of Pittsburgh, from 2013 to 2014 Anderson worked as an attorney at Relman, Dane & Colfax PLLC , specializing in fair lending counseling and compliance. Before that, she worked at Ballard Spahr in public finance and housing. It will not be her first time at Fannie Mae.

Human Resources

Human Resources Government Finance Mortgage

HUD: A racial divide exists between FHA homeownership and rental assistance programs

Housing Wire

OCTOBER 16, 2024

Department of Housing and Urban Development (HUD) have published a new report identifying the locations of people seeking Federal Housing Administration (FHA) rental and homeownership assistance programs. Researchers at the U.S.

Tenants

Tenants Investing Housing Market Mortgage

Open Mortgage closes distributed retail channel, will focus on TPO

Housing Wire

AUGUST 12, 2024

Open was founded in 2003 by Scott and Tana Gordon. Department of Housing and Urban Development (HUD) terminated the Federal Housing Administration (FHA) direct endorsement approval for Open in Iowa. D’Auria said in a statement to HousingWire that GenHome Mortgage Corporation acquired Open Mortgage in February 2024. In June, the U.S.

Retail

Retail Mortgage Loan Officers Business

What MBA’s forecast means for mortgage originators

Housing Wire

OCTOBER 22, 2020

history next to 2003. Doing this now will help lending teams establish a game plan to increase the skills of any refinance-focused LOs, as well as their managers. In fact, if none of this happens, the best outcome will be the skills development of your teams, assuming you responded to this forecast in your own way.

Mortgage

Mortgage Training Contracts Loan Officers

HUD outlines reverse mortgage wish list in budget proposal

Housing Wire

MARCH 12, 2024

Department of Housing and Urban Development (HUD) are a few key priorities related to the Federal Housing Administration (FHA) and its Home Equity Conversion Mortgage (HECM) program. federal government. Within the congressional justifications for the U.S.

Mortgage

Mortgage Insurance Training Government

More than ever, lender profitability requires maintaining pace with innovation

Housing Wire

JULY 28, 2022

In light of this, HousingWire recently caught up with Teraverde Chief Technology & Innovation Officer Rob Peterson to learn more about the key to lender profitability in today’s lending environment. increase in total labor productivity in the US from 2003 through 2022, largely through business process improvement and automation.

Technology

Technology Business Lending Training

Nearly 40 housing tech firms make the 2023 Inc. 5000 list

Housing Wire

AUGUST 21, 2023

469 LoanStar Technologies 1,241% 2016 Enabling lenders to connect and lend to customers who are traditionally underbanked or unbanked. 678 TriusLending 869% 2003 A mid-Atlantic real estate investment firm and financing lender focused on short-term private lending and long-term rental loans. 4,105 FirstCloseFirstclose.

Real Estate

Real Estate Real Estate Agent Technology Investors

New American Funding cofounders talk expansion, prospects for 2023

Housing Wire

APRIL 18, 2023

Since launching as a call center in 2003, the California lender has expanded into the outside distributed retail model with a target on the purchase mortgage market, serviced its own loans and developed its tech stack in-house. Kim: One of NAF’s priorities is on lending to the Hispanic community.

Retail

Retail Business Agents Loan Officers

Boosting Mortgage Operations Through Outsourcing

Appraisal Buzz

NOVEMBER 4, 2024

Responsible for market analysis, strategic planning and sales process development reporting directly to the CRO and CEO. In 2003, he owned and operated BCF Technology Resources Inc. Flaherty, CEO of Global Strategic, graduated from Monmouth University in 1998 with a BS in Medical Technology.

Mortgage

Mortgage Clients Technology Business

ROV (Reconsideration of Value) Changes – FHA and GSEs

Appraisal Today

MAY 10, 2024

VA’s Tidewater Initiative written in 2021 by McKissock (Similar idea as current ROV changes), effective in 2003. These policies were the result of a collaborative effort between the GSEs, the Department of Housing and Urban Development (HUD) and the Federal Housing Finance Agency (FHFA). It was and is controversial.

Reconsideration of Value

Reconsideration of Value Appraisal Real Estate Insurance

Rocket hires Intuit exec as its first chief people and places officer

Housing Wire

AUGUST 8, 2024

McGillivray will be responsible for the growth and development of the company’s workforce, including oversight of Rocket’s human resources and diversity, equity and inclusion (DEI) teams, its employee training and development group, and Rocket’s executive leadership development capabilities.

Human Resources

Human Resources Development Training Lending

HUD declares FHA once again backing DACA mortgages

Housing Wire

JANUARY 20, 2021

Department of Housing and Urban Development declared Wednesday that the Federal Housing Administration will once again back mortgages for immigrants under the Deferred Action for Childhood Arrivals (DACA) program. In one of former President Donald Trump administration’s last acts, the U.S. are not eligible for FHA-insured mortgages.”

Mortgage

Mortgage Law Insurance Legal

BofA settles maternity leave discrimination case for $15K

Housing Wire

APRIL 19, 2022

According to the Department of Housing and Urban Development, Hung Tran, one of the bank’s loan officers at its branch in Fairfield, California, allegedly discriminated based on sex and familial status when he withheld approval of a mortgage loan until the prospective borrower returned from maternity leave.

Loan Officers

Loan Officers Mortgage Government Development

New FHA Eligibility for DACA Recipients!

On Q Financial

FEBRUARY 2, 2021

The Department of Housing and Urban Development announced on January 19, 2021, that the FHA would once again back mortgages for DACA recipients. In 2003, the FHA Housing Handbook stated, “non-U.S. All figures are given for comparison purposes only and are not a commitment to lend or extend credit. On Q Financial, Inc.

Law

Law HOA Legal Government

The Week Ahead: Exploring Cost Savings Through Outsourcing

Appraisal Buzz

NOVEMBER 15, 2024

Responsible for market analysis, strategic planning, and sales process development reporting directly to the CRO and CEO. In 2003, he owned and operated BCF Technology Resources Inc. Flaherty, CEO of Global Strategic, graduated from Monmouth University in 1998 with a BS in Medical Technology.

Clients

Clients Technology Business Mortgage

Property Appraisal Zone

Citi names Brad Wayman head of U.S. mortgage

Risks of nonbank mortgage sellers and servicers revisited

Trending Sources

NAF taps Mosi Gatling for newly created executive role

CRN – Gross Living Area Measuring Standards Announcement

New American Funding onboards top Chicago loan officer

Rocket names Heather Lovier as chief operating officer

ReverseVision acquired by Constellation Software

Trade groups express concern to FHFA over historic credit data

Fannie Mae announces first chief diversity and inclusion officer

HUD: A racial divide exists between FHA homeownership and rental assistance programs

Open Mortgage closes distributed retail channel, will focus on TPO

What MBA’s forecast means for mortgage originators

HUD outlines reverse mortgage wish list in budget proposal

More than ever, lender profitability requires maintaining pace with innovation

Nearly 40 housing tech firms make the 2023 Inc. 5000 list

New American Funding cofounders talk expansion, prospects for 2023

Boosting Mortgage Operations Through Outsourcing

ROV (Reconsideration of Value) Changes – FHA and GSEs

Rocket hires Intuit exec as its first chief people and places officer

HUD declares FHA once again backing DACA mortgages

BofA settles maternity leave discrimination case for $15K

New FHA Eligibility for DACA Recipients!

The Week Ahead: Exploring Cost Savings Through Outsourcing

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