Housing Wire

SEPTEMBER 11, 2020

to the lowest in the data series that goes back to 2011, the report said. Even with tighter standards, the lowest mortgage rates on record will push home lending this year to a 15-year high of $3 trillion, MBA said in an Aug. The data comes from about 95 lenders and investors, MBA said. 20 forecast. Refinancing probably will reach $1.7

Mortgage 545

Mortgage Government Contracts Lending 545

Housing Wire

FEBRUARY 9, 2024

“However, overall credit availability remained close to 2012 lows, and the conventional index was close to its record low in the series dating back to 2011,” he said. There are still other active headwinds to monitor despite the rise in these programs, however.

Mortgage 459

Mortgage Government Lending Technology 459

Appraisal Buzz

MARCH 17, 2025

While an increase in the index signifies loosening credit, a decrease in the MCAI suggests tightening lending rules. Conventional lending programs that come inside conforming loan limitations are examined by the Conforming MCAI, whereas conventional programs outside of conforming loan limits are examined by the Jumbo MCAI.

Buyers 221

Buyers Mortgage Government Lending 221

Housing Wire

SEPTEMBER 12, 2023

A decline of the index, benchmarked to 100 in March 2012, indicates that lending standards are tightening while an increase suggests loosening credit. The conforming index dropped to its lowest level since 2011. The trade group’s monthly Mortgage Credit Availability Index picked up by 0.3% in August.

Mortgage 418

Mortgage Government Lending Marketing 418

Housing Wire

JANUARY 18, 2021

In 2011, the Secretary of the Treasury appointed him to serve as the CFPB’s student loan ombudsman, a new position established in the financial reform law. President-elect Joe Biden announced several appointments Monday, including FTC Commissioner Rohit Chopra to head the Consumer Financial Protection Bureau. As one of Sen.

Law 448

Law Lending Construction Government 448

Housing Wire

MAY 31, 2024

“Aided by access to capital through various sources, institutional investors had a funding advantage over smaller investors at a time when mortgage lenders were generally reducing lending,” the findings said. Studies GAO reviewed found that no investor owned 1,000 or more single-family rental homes as of late 2011,” the results said.

Investors 461

Investors Inventory Government Construction 461

Housing Wire

JUNE 24, 2022

The whistleblower claimed AFN knowingly underwrote certain FHA mortgages and approved for some mortgage insurance that didn’t meet FHA requirements or qualify for insurance between December 2011 and March 2019. AFN knowingly failed to perform quality control reviews that it was required to conduct, the former AFN loan processor alleged.

Insurance 397

Insurance Mortgage Government Lending 397

Housing Wire

MAY 12, 2021

Five years after introducing the Rocket Mortgage brand for digital lending, Rocket Companies will finally retire the legacy Quicken name on July 31. “More than 20 years ago, Dan Gilbert, our founder and chairman, had a vision of putting the entire mortgage process online to simplify the lending experience and add more transparency.

Lending 397

Lending Mortgage Real Estate Technology 397

Housing Wire

JANUARY 4, 2021

Most notably, Langner held senior roles with Ellie Mae from 2003 to 2011, including senior vice president of sales, chief operating officer and chief sales officer. He also played a vital role in the leadership team that would eventually guide Ellie Mae to it’s 2011 IPO. during the first nine months of 2020. billion as of Sept.

Technology 354

Technology Lending Mortgage 354

Housing Wire

SEPTEMBER 13, 2024

She has been a Realtor since 1985 and also spent 20 years in mortgage lending. In 2011, Suit was appointed by the Virginia governor to be the state’s first secretary of veterans affairs and homeland security. Johnson has previously served as its senior vice president of advocacy, chief lobbyist and chief external affairs officer.

Realtors 434

Realtors Real Estate Landlords Tenants 434

Appraisal Buzz

SEPTEMBER 13, 2024

While increases in the index point to looser credit, a decrease in the MCAI suggests tighter lending requirements. Conventional lending programs that are not subject to conforming loan restrictions are examined by the Jumbo MCAI, whereas those that are are examined by the Conforming MCAI. In August, the MCAI increased by 0.9%

Mortgage 414

Mortgage Government Lending Construction 414

Housing Wire

OCTOBER 17, 2024

In 2011, he founded the innovative brokerage The Agency RE, and he recently launched a real estate agent trade group that aims to serve as an alternative to the National Association of Realtors (NAR). JA: You also launched a joint venture called Aclara Lending in conjunction with Barrett Financial.

Real Estate 459

Real Estate Brokerage Agents Real Estate Agent 459

Housing Wire

FEBRUARY 10, 2021

Perry joined Freddie Mac in 2011 to oversee the company’s fair lending program. Perry brings 25 years of legal experience in the financial services industry, with expertise in fair housing and community development. She previously advised on solutions for complex corporate finance transactions with firms such as JPMorgan Chase.

Investors 529

Investors Development Business Legal 529

Housing Wire

OCTOBER 23, 2020

Those loans, originated between 2007 and 2011, defaulted and led to claims to the FHA for mortgage insurance. The lawsuit, brought initially in 2016, alleged that Guild knowingly originated and underwrote mortgages that didn’t meet the program requirements of the FHA.

Mortgage 505

Mortgage Government Retail Lending 505

Appraisal Buzz

AUGUST 8, 2024

While increases in the index point to looser credit, a decrease in the MCAI suggests tighter lending requirements. Conventional lending programs that are not subject to conforming loan restrictions are examined by the Jumbo MCAI, whereas those that are are examined by the Conforming MCAI. In July, the MCAI increased by 3.3%

Mortgage 396

Mortgage Government Lending Construction 396

Housing Wire

DECEMBER 7, 2020

The monthly housing supply for the existing home sales has only gone above six months during the bust years after the housing bubble (2006-2011). This period was also during a lull in our prime-age labor force growth, so demand was soft during the years 2006-2011. million jobs lost. Hard pass.

Inventory 545

Inventory Construction Government Housing Market 545

Housing Wire

JUNE 22, 2023

Connecticut-based lender and servicer Planet Home Lending announced on Thursday a deal that boosts its servicing portfolio, which the company claims is already above the $90 billion mark. Planet has acquired a $10 billion mortgage servicing rights (MSR) bulk of Ginnie Mae loans from Village Capital & Investment LLC.

Lending 370

Lending Mortgage Sellers Finance 370

Housing Wire

JUNE 18, 2021

in the fourth quarter of 2020 to its lowest point since the second quarter of 2011. Presented by: Acra Lending. The gross flipping return on investment was down from 41.8% Regionally, house flipping was down in 70 percent of U.S. The market is tight, prices are soaring on what stock is available and it’s not available long.

Investors 501

Investors Investing Lending Inventory 501

Housing Wire

JANUARY 5, 2021

In fact, prior to founding SimpleNexus in 2011, CEO Matt Hansen worked on the Simplifile development architecture team for nearly five years. Most recently, the private-equity firm invested in Real , a technology-powered real estate brokerage in 2020, and perhaps most notably, e-recording provider Simplifile in 2013. billion.

Architecture 418

Architecture Real Estate Agent Loan Officers Real Estate 418

Housing Wire

OCTOBER 13, 2021

Interfirst was founded in 2001 as a retail originator but expanded to the wholesale channel in 2008 and the correspondent channel in 2011. The team co-founded several businesses, such as the fintech Enova, real estate investment trusts (REIT) Pangea Properties and New Lake , and the online lending company Avant.

Mortgage 420

Mortgage Investors Investing Technology 420

Appraisal Buzz

JULY 11, 2024

While increases in the index point to looser credit, a decrease in the MCAI suggests tighter lending requirements. Conventional lending programs that are not subject to conforming loan restrictions are examined by the Jumbo MCAI, whereas those that are are examined by the Conforming MCAI. In June, the MCAI increased by 1.0%

Mortgage 397

Mortgage Government Lending Technology 397

Housing Wire

JANUARY 11, 2023

Messer has been with Prosperity since January 2011, working as SVP of capital markets and corporate strategy before a promotion to COO in 2019. in the mortgage lending space. . The Virginia-based mortgage bank sponsors 679 loan originators and has 492 branches, according to the NMLS. from the same period in 2021, according to the IMF.

Mortgage 418

Mortgage Lending Finance Marketing 418

Housing Wire

OCTOBER 24, 2024

Department of Housing and Urban Development (HUD), but in 2011, the oversight, enforcement and rulemaking responsibility was transferred to the Consumer Financial Protection Bureau (CFPB). 22, 2024, will mark the 50th anniversary of RESPA being signed into law by President Gerald Ford. It was originally overseen by the U.S.

Modernization 433

Modernization Advertising Business Technology 433

Appraisal Buzz

JUNE 7, 2024

A decrease in the MCAI suggests tighter lending rules, whilst an increase in the index indicates looser credit. Prior to March 31, 2011, data was prepared using less frequent and less complete data collected at 6-month intervals and interpolated in the intervening months for charting purposes. The MCAI increased by 0.1%

Mortgage 343

Mortgage Government Design Lending 343

Housing Wire

DECEMBER 1, 2020

Flagstar Bank and the FinTech Consortium revealed that fintech startups Home Lending Pal , Stavvy and Real Key are the latest initiates to the companies’ ongoing MortgageTech Accelerator program. in 2010 and 2011. The company’s cloud-based platform also automates the document collection, verification, and review process.

Mortgage 355

Mortgage Lending Technology Investors 355

Housing Wire

SEPTEMBER 7, 2022

Home prices in July slipped 0.77% from June, marking the largest single-month decline since January 2011, Black Knight said in its monthly mortgage monitor report. Relatedly, tappable home equity is expected to pull back in the third quarter as equity-rich markets already saw declines in July. . While July’s home price grew 14.5%

Housing Market 459

Housing Market Marketing Home Value Lending 459

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.

Sellers 448

Sellers Mortgage Business Lending 448

Housing Wire

MARCH 3, 2022

Garza began her career at the company in 2011 with the establishment of its first branch in Michigan. Santander Bank announced earlier this month that it would be shutting down its mortgage lending business and laying off its divisional staff.

Retail 369

Retail Mortgage Development Business 369

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 418

Human Resources Government Finance Mortgage 418

Housing Wire

AUGUST 15, 2022

The Federal Reserve Bank of New York ’s second-quarter 2022 Household Debt and Credit Report shows that limits on HELOCs jumped by $18 billion in the second quarter of this year, “the first substantial increase in HELOC limits since 2011,” and an indicator of an increase in new originations. billion in 2021 to $4.6

Lending 459

Lending Home Value Mortgage Renovations 459

Housing Wire

SEPTEMBER 23, 2022

“We are continually seeking opportunities for partnerships to help us lead our industry into the next generation of mortgage lending.”. Founded in 2011 in Georgetown, Texas, Thrive originated $2.3 billion in loans over the past 12 months, 90% of it through the retail channel, according to data on mortgage tech platform Modex.

Mortgage 370

Mortgage Retail Loan Officers Technology 370

Appraisal Buzz

OCTOBER 4, 2024

percent recorded in the fourth and first quarters of 2010 and 2011, and it has remained constant from previous quarters. In addition, FHFA must collect information on the creditworthiness of borrowers, including a determination of whether subprime and nontraditional borrowers would have qualified for prime lending. A further 0.6%

Mortgage 360

Mortgage Tools Lending Finance 360

Housing Wire

JANUARY 7, 2022

As a former executive vice president and chief sales officer at Ellie Mae , Langner helped execute the firm’s initial public offering in 2011. Langner has more than 30 years of senior leadership experience, driving growth at marquee mortgage technology and software companies.

Technology 434

Technology Business Mortgage Tools 434

Housing Wire

NOVEMBER 23, 2021

To run the hub, the company hired Casey Nunn, a former Rocket Mortgage and Homepoint executive, as the vice president of wholesale lending. Interfirst was founded in 2001 as a retail originator and then expanded to the wholesale channel and the correspondent channel in 2008 and 2011, respectively.

Mortgage 397

Mortgage Loan Officers Retail Technology 397

Housing Wire

SEPTEMBER 14, 2023

Industry veteran Dan Hanson joined loanDepot in 2011 and, in January 2017, became the company’s chief retail production officer, a job position he held for six years. In May, the lender promoted Alec Hanson , the company’s senior vice president of production for the West division, to chief marketing officer.

Human Resources 418

Human Resources Retail Investing Development 418

Housing Wire

DECEMBER 14, 2023

Thrive was founded in 2011 in Georgetown. “Last year, we acquired AMSCo, a storied Midwest company that added incredible talent to our model. We are now excited to share another amazing opportunity that has presented itself to join Lower.com,” Kellam said. The deal valued the company at roughly $110 million.

Mortgage 459

Mortgage Retail Loan Officers Finance 459

Housing Wire

JANUARY 20, 2023

The one period where this didn’t happen was from 2006-2011, when credit forced Americans to sell, to rent or to be homeless. This means we don’t have enough housing inventory available because with lending standards back to normal we can’t replicate the credit demand we saw in housing from 2002-2005.

Inventory 541

Inventory Housing Market New Listings Sellers 541