Housing Wire

FEBRUARY 10, 2021

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

Investors 529

Investors Development Legal Business 529

Housing Wire

JULY 28, 2021

Digital lending and cloud banking startup Blend Labs has launched Blend Impact , a program focused on increasing access and equity in housing and financial services with Blend’s nonprofit partners. Launched in 2012, Blend raised $300 million in January 2021, not long after it introduced a series of consumer banking tools.

Legal 435

Legal Lending Development Design 435

Housing Wire

FEBRUARY 2, 2022

Jamie Thornton, director of online mortgage lending at Real Genius, said in a statement that the company has “invested a significant amount of time and resources” into developing technology for customers. Since 2016, we’ve helped more than 51,000 families with their mortgage needs, lending more than $15 billion,” said Thornton.

Mortgage 369

Mortgage Technology Lending Modernization 369

Housing Wire

SEPTEMBER 4, 2024

Debenture interest refers to the percentage of a return that an investor would receive for lending money through a debenture. Department of Housing and Urban Development (HUD) added a DIRA request template that can be used for such submissions. HERMIT was launched by HUD in October 2012 after a protracted development cycle.

Mortgage 459

Mortgage Legal Development Insurance 459

Housing Wire

SEPTEMBER 4, 2024

He had a particular focus on residential developers and homebuilders. Bosman will help to lead Pretium’s investment activities in homebuilder finance, which have generated $14 billion in originations since the company’s inception in 2012. Brendan and Karen’s expertise will help us further scale those offerings.”

Finance 448

Finance Real Estate Investing Development 448

Housing Wire

JANUARY 5, 2021

The Utah-based software developer offers a private-label digital mortgage platform and mobile app designed to connect lenders with borrowers and real estate agents. In fact, prior to founding SimpleNexus in 2011, CEO Matt Hansen worked on the Simplifile development architecture team for nearly five years. billion.

Architecture 418

Architecture Real Estate Agent Loan Officers Real Estate 418

Appraisal Buzz

SEPTEMBER 13, 2024

While increases in the index point to looser credit, a decrease in the MCAI suggests tighter lending requirements. In March 2012, the index was benchmarked at 100. In August, the MCAI increased by 0.9% The Government MCAI remained steady, whereas the Conventional MCAI rose by 1.8%. among the Conventional MCAI’s component indices.

Mortgage 414

Mortgage Government Lending Construction 414

Appraisal Buzz

OCTOBER 15, 2024

While increases in the index point to looser credit, a decrease in the MCAI suggests tighter lending requirements. In March 2012, the index was benchmarked at 100. Key Findings from the Mortgage Credit Availability Index: In September, the MCAI dropped by 0.5% The Government MCAI grew by 0.8%, while the Conventional MCAI fell by 1.7%.

Mortgage 387

Mortgage Government Lending Construction 387

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 448

Sellers Mortgage Business Lending 448

Housing Wire

MARCH 16, 2022

Roostify, a mortgage technology provider, will integrate the solution to its digital home lending platform. Parvesh Sahi, senior vice president of business and client development at ICE Mortgage Technology, said that lenders will have a true digital experience that provides efficiency, speed, and cost savings.

Technology 397

Technology Real Estate Agent Loan Officers Lending 397

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. In the overall process of residential lending, our industry has not used automation. The blue bar is compensation cost since 2012.

Technology 418

Technology Business Lending Training 418

Housing Wire

JULY 12, 2023

Pennington’s departure comes a few months after Brady Yeager , a mortgage executive with over 21 years in finance and mortgage lending roles, joined Movement as national sales director. Schoolfield and Shelton joined Movement in 2012, were promoted as divisional leaders in February 2021, and landed at Summit in July.

Retail 370

Retail Development Finance Lending 370

Housing Wire

MARCH 3, 2022

The company announced on Wednesday that Bryan Wright will be the vice president of national sales and Cyndi Garza, the vice president of national business development, a new position created in the company. Wright, a veteran with over 30 years in the mortgage industry, joined Union Home Mortgage in 2012.

Retail 369

Retail Mortgage Development Business 369

Housing Wire

DECEMBER 29, 2023

million housing units due to a severe lack of supply produced between 2012 and 2019. The biggest headwind that homebuilders will confront when it comes to multifamily construction is the tight financing conditions in multifamily development. The pipeline Depending on the source, the U.S. remains deficient by anywhere between 1.5

Construction 476

Construction Supply Chain Inventory Housing Market 476

Housing Wire

AUGUST 12, 2020

Fintech-focused Canapi Ventures led the investment, which brings Blend’s total venture raised to $365 million since its 2012 inception. This morning, Blend President Tim Mayopoulos (and former CEO of Fannie Mae ) told me that Blend didn’t necessarily “need” the funding but saw the value in accelerating its product development plans.

Investing 508

Investing Loan Officers Technology Development 508

Housing Wire

FEBRUARY 10, 2021

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

Investors 370

Investors Development Legal Business 370

Housing Wire

MAY 19, 2022

If there’s a bet to be made on the future of the non-agency lending space, it’s that the adjustable-rate mortgage (ARM) will become far more popular this year as purchase mortgages increasingly dominate a housing market pivoting to an up-rate environment. The topic of the panel discussion: “What’s New in Non-Agency?”. “I

Loan Officers 476

Loan Officers Lending Mortgage Housing Market 476

Housing Wire

MAY 2, 2022

Presented by: Acra Lending. In 2012, the historically low interest rates led to a boom in refinances, and the lender grew to $14.5 In October 2021, a $175 million investment from principals at the private holding company StoicLane was used to grow operations and refine and develop new technologies.

Human Resources 397

Human Resources Loan Officers Retail Training 397

Housing Wire

AUGUST 21, 2020

This is evident if one compares the purchase application data from the overheating market of 2002-2005 to the period between 2012-2020. Real demand growth is limited because lending standards are back to their normal liberal standards which takes away speculation buying on bad debt structures.

Housing Market 544

Housing Market Mortgage Buyers Marketing 544

Housing Wire

APRIL 8, 2024

It now faces a wave of mortgage maturities and payoffs on the thousands of affordable-housing complexes it has helped to finance over the years — with no new construction carried out under the program since 2012. The legislation would provide several tools to help stem the loss of Section 515 affordable-housing in rural America.

Tenants 511

Tenants Finance Construction Government 511

Appraisal Buzz

JULY 5, 2024

During this webinar, Fitch Ratings will present a cross-section of industry stakeholders discussing the drivers of housing economy expansion, factors impacting homebuilder credit, the home loan lending environment, and mortgage delinquency expectations. Ryan joined Fitch Ratings in 2012. Topics of discussion will include: U.S.

Housing Market 361

Housing Market Marketing Finance Development 361

Housing Wire

AUGUST 21, 2023

403 Homelight 1,444% 2012 Providing a platform that helps deliver better outcomes for homebuyers and sellers. 469 LoanStar Technologies 1,241% 2016 Enabling lenders to connect and lend to customers who are traditionally underbanked or unbanked. 4,105 FirstCloseFirstclose. 4,105 FirstCloseFirstclose. 4,105 FirstCloseFirstclose.

Real Estate 370

Real Estate Real Estate Agent Technology Investors 370

Housing Wire

AUGUST 7, 2023

Real estate still relies on a “system” unable to integrate production across the silos of media, brokerage, lending, insurance and trading. Technology hasn’t been the barrier since 1998 when Equifax, and later other firms, developed systems to secure complex, multi-party transactions over the Internet.

Supply Chain 370

Supply Chain Real Estate Architecture Brokerage 370

Housing Wire

JULY 19, 2021

The IPO gives the cloud-based software company the ammunition to grow market share , develop new products and dive deeper into various sectors within fintech, including consumer banking and auto. Blend, which launched in 2012, raised $300 million in January, not long after it introduced a series of consumer banking tools.

Insurance 397

Insurance Investors Technology Real Estate Agent 397

Housing Wire

SEPTEMBER 12, 2023

Interest rates have risen from a low of less than 3% in 2012 to over 7% today, meaning that 99% – according to Goldman Sachs – have a lower rate and would not benefit from a refinance. This left a void in the mortgage lending market, which was filled by IMBs.

Mortgage 418

Mortgage Investors Business Lending 418

Housing Wire

DECEMBER 16, 2021

In 2012, Dmitry Godin was seemingly on top of the world. The historically low interest rates that led to a boom in refinances in 2012 had ended, and Interfirst struggled to maintain volumes in following years as the market turned to purchase. Interfirst Mortgage , the retail mortgage business he founded in 2001, had grown to $14.5

Mortgage 370

Mortgage Loan Officers Retail Training 370

Housing Wire

AUGUST 3, 2023

Aerial drone inspection of Lennar’s Westview housing development Miami, Florida. Deitz said the “underbuilding” in the home market between 2012-2019 “left us with the housing deficit.” How are you going to build millions of homes if you can’t get the financing to develop the lots in the first place?” billion to $1.8

Construction 370

Construction Development Finance Mortgage 370

Housing Wire

MARCH 23, 2022

The program is available to a wide range of homeowners, with lending limits as high as $4 million*. Since its inception in 2012, RMF has originated over 1,300 reverse mortgages for homes valued over $1 million, including some homes valued as high as $5 million. Then there is the HECM, which offers the most flexible terms for borrowers.

Mortgage 397

Mortgage Clients Business Training 397

Housing Wire

APRIL 4, 2023

I remember that 2012, 2013, 2014 were really tough years for us because the product is really good, it was early and there were no proof points, they didn’t want to be the first mover because if it didn’t work out the person who hired us was going to lose their job. What’s next for Blend?

Clients 370

Clients Mortgage Business Technology 370

Housing Wire

NOVEMBER 3, 2023

I was just too busy building the company, selling real estate and developing properties.” “Every time, my family was in the construction lending business, and they’d lose homes and file bankruptsy. So, in 2012, he decided to start a property management company rather another traditional real estate brokerage.

Real Estate 345

Real Estate Brokerage Property Management Buyers 345

Empire Appraisal Group

JULY 28, 2022

Other government lending institutions (Freddie Mac, FHA, VA, and Rural Housing) indicate that they’ll accept the ANSI standard, but it’s unclear if they’ll accept Fannie Mae’s protocol when there are portions of the property that are used as living space but aren’t classified as living space under ANSI. George, Utah.

Appraisal 78

Appraisal Agents Valuation Realtors 78

Appraisal Today

NOVEMBER 17, 2023

Myth #2: Data collectors are going to replace appraisers There’s a lot of buzz right now about PDC possibly replacing traditional property appraisal, but the intent of this service is to fill a gap in the lending process. The beloved musician died in 2012. The architect, Beverley D. And it could be again.

Appraisal 71

Appraisal Modernization Training Business 71

Appraisal Today

FEBRUARY 23, 2024

Take Note of GSE Requirements To read more, Click Here My comment: If you do residential lending appraisals, read this article! The property data collection process by unlicensed and unregulated people hampers the appraiser trainee’s development and hurts the next generation of licensed and certified appraisers. Very comprehensive.

Appraisal 69

Appraisal Real Estate Contracts Reconsideration of Value 69

Appraisal Today

SEPTEMBER 20, 2024

percent from one week earlier Appraised Value Vs. Sale Price Excerpts: Property sellers often ask professionals who are performing appraisals for mortgage lending, “Why is an appraisal even needed? The buyer and I have already agreed on a sale price.” However, when it comes to appraised value vs. sale price, they are not the same thing.

Appraisal 75

Appraisal Business Contracts Real Estate 75

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. Earlier today and prior to 12:00 p.m.,

Mortgage 546

Mortgage Law Insurance Legal 546

Housing Wire

MARCH 10, 2022

The Federal Housing Administration (FHA), within the department of Housing and Urban Development , provides mortgage financing for borrowers the conventional market doesn’t serve, yet it has been understaffed for over a decade. But the department may now finally be getting the resources it requires to tackle the issue.

Finance 397

Finance Development Training Government 397

Housing Wire

NOVEMBER 4, 2022

It is a cornerstone of the countercyclical role FHA plays when lending in private markets becomes constrained or, more recently, a global pandemic negatively impacts the economy and by extension leads to unexpected job losses or reduced incomes. By 2012, FHA’s capital ratio had cratered into negative territory, -1.4%, requiring a $1.7

Insurance 447

Insurance Mortgage Development Valuation 447