Housing Wire

NOVEMBER 12, 2024

In 2013, Corn and his partners launched RMF , which became a leading reverse mortgage lender. Corn is a longtime reverse mortgage industry professional, having served in leadership roles at Financial Freedom and EverBank Reverse Mortgage , and as vice president for MetLife ’s reverse mortgage division. 31 of that year.

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Finance Mortgage Insurance Investing 340

Inman

OCTOBER 18, 2024

Executives of investment firm iCap ran the scheme from 2013 to 2022, a federal bankruptcy judge ruled this week. They turned to the scheme when their real estate portfolio failed to yield results.

Real Estate 161

Real Estate Investors Investing 161

Appraisal Buzz

NOVEMBER 15, 2024

However, despite the across-the-board increases, overall credit supply remains tight, with the index still near the very low levels of 2011-2013. Notably, while credit availability was higher over the month, it was for a specific segment of borrowers.

Mortgage 195

Mortgage Government Lending Technology 195

Housing Wire

APRIL 1, 2024

Meanwhile, homeowners who bought in January 2000, January 2006 and January 2013 have received boosts of $414,000, $338,000, and $343,000, respectively. Overall, U.S. homeowners held $31.8 trillion in home equity at the end of 2023, up from $15 trillion in 2006, the previous peak of the housing cycle.

Investing 465

Investing Buyers Mortgage Housing Market 465

Appraisal Buzz

NOVEMBER 18, 2024

A Cautionary Tale from 2013 Let me start with a personal story. In 2013, I acquired an apartment complex in Austell, Georgia. Today, I want to dive deep into the current rental market environment, share some personal insights, and most importantly, discuss how we can address these challenges head-on.

Development 284

Development Finance Real Estate Housing Market 284

Housing Wire

DECEMBER 14, 2022

Prior to this role, Ralston served as the senior vice president of mortgage banking at NexBank since 2013. Earlier this month, NexBank Capital promoted Rhett Miller to executive vice president and chief banking officer from chief credit officer, a role he’s had since 2013. Ralston is also the president of NexBank Title, Inc.

Lending 415

Lending Business Mortgage Finance 415

Appraisal Buzz

JANUARY 31, 2022

With an emphasis on the Golden State, investors in 2021 comprised the highest share of single-family home and condo sales nationwide since 2013. The post Institutional Investors Reach Seven-Year High in Home Purchases appeared first on DSNews.

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Investors Appraisal 398

Housing Wire

FEBRUARY 22, 2022

In 2013, the CFPB accused Ocwen of “engaging in significant and systematic misconduct.” The accusations were resolved with a consent order issued December 17, 2013, shielding the servicer from future actions arising from the alleged practices up to that point. the watchdog agency moved in early February to overturn the decision.

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Law Clients Mortgage Finance 397

Housing Wire

FEBRUARY 14, 2022

Court of Appeals for the Eleventh Circuit, Lawrence DeMille-Wagman, CFPB’s attorney, argued that a consent agreement from 2013 did not excuse the mortgage servicer from future violations and that Ocwen is on the hook for alleged wrongdoings. Last March, U.S. The CFPB declined to comment. Ocwen did not return a request for comment.

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Law Legal Insurance Mortgage 369

Housing Wire

MAY 1, 2023

To understand how this might happen, consider Figure 3 below, which depicts actual net loss rates for mortgages purchased by Fannie Mae for two different sets of vintages; a more severe period represented by origination years 2005-2007, and 2013-2015 representing a much more favorable period of time.

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Mortgage Insurance Development Business 435

Housing Wire

NOVEMBER 12, 2024

Hitt began his career at Engel & Völkers Americas in 2010 and has served as the firm’s CEO and president since 2013. The brokerage firm announced Tuesday that Hitt will be stepping down from his leadership roles at the end of 2024 in order to “focus on personal endeavors.”

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Brokerage Realty Business Development 254

Inman

SEPTEMBER 13, 2024

After upgrading to a larger home in Southampton last year, the "RHONY" alum is selling the Bridgehampton property that she has owned since 2013.

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Appraisal Buzz

NOVEMBER 14, 2024

In determining the best day of the year to purchase a home, ATTOM analyzed calendar days in the last 11 years (2013-2023) with at least 15,000 single-family home and condo sales. While still above market value, homebuyers are only paying a 4.8% premium, compared to the 14.6% premium buyers are seeing on May 27.

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Market Value Buyers Valuation Marketing 356

Housing Wire

OCTOBER 31, 2024

By 2013, the bank ended up selling. And, you know, mortgage is a great, great income generator for banks. Owen: You basically grew it from virtually nonexistent to doing billions in volume, and you probably made several mistakes along the way and learned a ton along the way. We took a very, very small portion of the team.

Mortgage 443

Mortgage Retail Modernization Loan Officers 443

Housing Wire

AUGUST 20, 2024

253 Realty was founded in 2013 by Shawn Viguerie. On Monday, Better Homes and Gardens Real Estate (BHGRE) Northwest Home Team announced its acquisition of Tacoma, Washington -based 253 Realty. The financial terms of the deal were not disclosed. Prior to venturing out on his own, Viguerie served as a managing broker at another local firm.

Real Estate 438

Real Estate Realty Agents Clients 438

Housing Wire

NOVEMBER 5, 2024

Census Bureau county-to-county migration data between 2013 and 2022 to identify the most popular and profitable moving routes from California to Arizona. That’s according to a report released Monday by StorageCafe , a national marketplace for storage space and an affiliate of real estate data provider Yardi. The report reviewed U.S.

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Real Estate Technology Business Housing Market 414

Housing Wire

JUNE 14, 2024

In March, Freddie Mac announced that its president, Michael Hutchins — a 30-year veteran of the mortgage industry who joined the GSE in 2013 — had been appointed as interim CEO. Its CEO, Michael DeVito , retired in the first quarter of 2024, less than three years into the job. Freddie Mac reported a full-year profit of $10.5

Finance 450

Finance Government Mortgage Marketing 450

Housing Wire

MARCH 30, 2021

The Housing Policy Council sent a letter to the Consumer Financial Protection Bureau on Tuesday expressing its opposition to delaying the implementation of the Final QM Rule and expiration of the 2013 QM Rule, set to take effect on July 1, 2021. 1, 2022 and opened up a comment period.

Mortgage 466

Mortgage Insurance Lending Marketing 466

Appraisal Buzz

OCTOBER 14, 2024

This initiative extends the regulatory framework developed in response to the foreclosure crisis between 2006 and 2014, during which the CFPB enacted the 2013 Mortgage Servicing Rules under the Real Estate Settlement Procedures Act (RESPA) and Regulation X.

Mortgage 391

Mortgage Inspection Real Estate Investors 391

Housing Wire

SEPTEMBER 18, 2024

FinCEN’s new annual projection is higher than the entire six-year period from 2013-2019 when FinCEN estimated the total risk of losses or actual losses to be $21.8 The figure is likely underreported, which could be due to fear, embarrassment or a lack of understanding of the abuse being committed.

Finance 451

Finance 451

Housing Wire

JUNE 17, 2024

Abarca joined loanDepot as an underwriter in 2013 and became vice president of lending operations in 2021. Abarca will lead loanDepot’s loan processing, underwriting and closing operations, which in the first quarter of 2024 were responsible for closing $4.6 billion in mortgages, down from $5.3 billion in the previous quarter.

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Lending Mortgage Tools Development 432

Housing Wire

SEPTEMBER 13, 2024

According to her company bio, Suit became CEO in September 2013. Johnson has previously served as its senior vice president of advocacy, chief lobbyist and chief external affairs officer. She has been a Realtor since 1985 and also spent 20 years in mortgage lending.

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Realtors Real Estate Landlords Tenants 411

Housing Wire

JANUARY 30, 2024

billion in non-QM loans since the company’s inception in 2013, according to its release. In addition, Fed data shows that outstanding debt linked to home equity products also increased in the third quarter to $501 billion, up 2.3% from $490 billion in the second quarter. Angel Oak has originated $9.4

Mortgage 468

Mortgage Investing Marketing 468

Housing Wire

MARCH 11, 2024

Founded in 2013, Floify — a subsidiary of Porch Group Inc. — .” Floify plans to roll out new integrations with popular borrower verification report providers and an e-closing vendor, as well as enhanced functionality with existing integration partners in the coming months.

Mortgage 443

Mortgage Loan Officers Real Estate Agent Design 443

Housing Wire

NOVEMBER 16, 2023

FHA applications reached highest share of new-home applications since 2013 In October, FHA applications represented 26.3% “We estimate that the pace of home sales increased for the third straight month to a 715,000-unit annual pace — the strongest sales month since May 2023.”

Mortgage 482

Mortgage Construction Inventory Buyers 482

Housing Wire

DECEMBER 4, 2023

Founded in 2013, Floify — a subsidiary of Porch Group Inc. — is a software development company that offers a digital loan origination and POS system for the mortgage industry. The Colorado-headquartered firm was acquired by publicly traded proptech company Porch Group, Inc. in an $87 million deal in 2021.

Lending 467

Lending Mortgage Real Estate Agent Design 467

Housing Wire

SEPTEMBER 12, 2023

Mortgage credit availability increased slightly in August but remained close to the very low levels last seen in January 2013, according a report from the Mortgage Bankers Association.

Mortgage 414

Mortgage Government Lending Marketing 414

Housing Wire

AUGUST 2, 2024

” That’s in addition to the decade-long drop in buyer’s agent commissions, which fell from 2.89% in 2013 to 2.66% in 2023, Redfin reported.

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Agents Buyers Real Estate Agent Sellers 474

Housing Wire

MAY 18, 2021

states from 2013 to 2020, correlated with rates of sales tax, income tax and property tax in 2020. Florida, specifically, has the seventh-lowest tax rate in the country and gained more residents than all but four other states from 2013 to 2020. The trend is reversed in high-tax states, where an average of 2.5

Real Estate 459

Real Estate Property Taxes Agents Buyers 459

Inman

JANUARY 25, 2024

Since 2013, the team has sold more than $800 million in transactions. They were drawn to Douglas Elliman for its company culture and opportunities in new development.

Development 165

Development Brokerage Agents 165

Housing Wire

MAY 13, 2024

When Standowicz started at UWM in 2013 she was on a team of about 100 underwriters. Fast forward to 2013, I joined UWM as an FHA Senior Underwriter and quickly rose through the ranks to become an underwriting leader, guiding a group of underwriters to ensure loans are processed accurately, quickly and consistently.

Technology 445

Technology Training Clients Tools 445

Housing Wire

NOVEMBER 21, 2023

When we started using this phrase in 2013, it was providing education around the launch of the newly created Consumer Financial Protection Bureau. Having referred to this phrase for over 10 years, the explanation we’ve used is as adaptable and forward thinking as the saying is supposed to be.

Housing Market 426

Housing Market Marketing Real Estate Mortgage 426

Housing Wire

AUGUST 10, 2023

Flat-fee firms climbing up the brokerage rankings Interestingly, in 2013 only five of the top 100 firms in the nation, according to the RealTrends 500 rankings , were flat-fee firms. By transactions last year, flat-fee firms did 12% of the closed business of the top 100, compared to 5% back in 2013.

Real Estate 367

Real Estate Brokerage Realty Advertising 367

Inman

APRIL 17, 2024

Charles "Todd" Hill, 58, starred on "Flip It to Win It" in 2013. He has been ordered to pay $9.4 million in restitution for committing real estate fraud.

Real Estate 153

Real Estate Agents 153

Appraisal Buzz

JULY 11, 2024

He began his career at FHLB in 2013 as an enterprise architect and worked his way up to his most recent role of VP/Director of Information Technology. Paul, Minnesota-based Sunrise Banks has introduced Jon Sandoval as its new Chief Information Officer.

Design 397

Design Government Investors Technology 397

Housing Wire

NOVEMBER 17, 2023

Founded in 2013, CBC Mortgage Agency’s Chenoa Fund program completed more than 40,000 mortgage transactions since its inception, according to its website. By meaningfully reducing our rate, more borrowers stand a better chance at qualifying,” said Miki Adams , president of CBC Mortgage Agency.

Mortgage 443

Mortgage Finance Housing Market Marketing 443

Housing Wire

MARCH 27, 2024

Davids, who has been a foundation staff member since 2013 as a senior vice president, is also a former foundation trustee and has served various roles in Ohio politics over the past 40 years. She served as mayor of LaRue, Ohio; as director of constituent inquiries in the office of former Gov.

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Appraisal Contracts Real Estate Valuation 444