Housing Wire

MARCH 23, 2021

to a seasonally adjusted annual rate of 775,000 in February — the sharpest month-over-month decline since 2013, according to estimates by the U.S. Census Bureau and the Department of Housing and Urban Development. After a near decade high in January, new home sales for single-family houses plummeted 18.2% year-over-year jump.

Construction 532

Construction Buyers Development Contracts 532

Housing Wire

MARCH 11, 2024

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

Mortgage 395

Mortgage Loan Officers Real Estate Agent Design 395

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 435

Lending Mortgage Real Estate Agent Design 435

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. 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.

Architecture 411

Architecture Real Estate Agent Loan Officers Real Estate 411

Housing Wire

AUGUST 25, 2021

Mortgage industry groups on Tuesday made their voices heard in response to the Department of Housing and Urban Development ’s proposed reinstatement of its 2013 disparate impact rule. Numerous industry stakeholders asked HUD to make some changes to the regulation to raise and further explain the threshold for disparate impact claims.

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Legal Insurance Development Mortgage 374

Housing Wire

APRIL 10, 2024

The [MOU] establishes substantive information sharing protocols between state financial regulators and FHFA, improving the ability to coordinate on market developments, identify and mitigate risks, and ultimately, further protect consumers, taxpayers, and the nation’s housing finance system,” a joint announcement from CSBS and FHFA said.

Mortgage 339

Mortgage Finance Development Government 339

Appraisal Buzz

JANUARY 15, 2025

Since 2013, the number of units renting for less than $1,000 per month (adjusted for inflation) has declined by 7.5 The pace of new development has already slowed, and renter household growth is picking up, creating conditions for tighter markets and renewed upward pressure on rents.

Construction 397

Construction Development Marketing Appraisal 397

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.

Lending 372

Lending Mortgage Tools Development 372

Housing Wire

FEBRUARY 29, 2024

Bureau of Labor Statistics from 2013 to 2023. However, with supply chain issues piling up and loan rates for builders continuing to rise, developers’ confidence is going in the opposite direction. The findings are based on historic data from the U.S. Census Bureau and the U.S.

Inventory 418

Inventory Supply Chain Construction Buyers 418

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. Treasury as a Community Development Financial Institution (CDFI), a designation earned by approximately 100 banks nationwide. With locations in Minneapolis/St.

Design 396

Design Government Investors Technology 396

Housing Wire

JANUARY 24, 2022

Founded in 2000, Guaranteed Rate sought to boost retail loan originations, scale its JV platform, and develop new multichannel capabilities by acquiring Stearns. After the deal, HousingWire reported that Stearns’ retail operations was folded into Guaranteed Rate.

Lending 355

Lending Retail Loan Officers Business 355

Housing Wire

SEPTEMBER 16, 2022

Since the initial SFR securitization in 2013 through August of this year, according to a separate KBRA market-sector report, 16 sponsors have undertaken 113 SFR securitizations involving notes with a total principal balance of $69.6 The securitization, IH 2013-SFR1, was collateralized by a single $479.1 billion. “The

Landlords 389

Landlords Marketing Development Investing 389

Housing Wire

SEPTEMBER 20, 2023

Founded in 2013, Floify — a subsidiary of Porch Group Inc. — is a software development company that offers a digital loan origination and point-of-sale 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.

Technology 373

Technology Real Estate Agent Loan Officers Clients 373

Appraisal Buzz

JUNE 27, 2024

Still , Vice Chair, Pulte Financial Services Sheri Thompson , EVP, Head of Affordable Housing, Walker & Dunlop Eileen Tu , VP, Mortgage Policy and Credit Development, Rocket Mortgage John Wiechmann , President/CEO, Midwest Housing Equity Group Inc.

Development 395

Development Finance Tenants Lending 395

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 405

Technology Training Clients Tools 405

Housing Wire

JANUARY 12, 2022

Stearns had a sizable partnership business, led by Steve Stein, a more limited retail operation, and a wholesale channel that was the largest in the industry as recently as 2013, but had lost market share to UWM. Founded in 2000 and known for its robust retail operations, Guaranteed Rate has been growing in stature in recent years.

Retail 397

Retail Loan Officers Best Value Business 397

Housing Wire

AUGUST 30, 2021

The DOJ alleged that between 2013 to 2017, the bank violated the Fair Housing Act and the Equal Credit Opportunity Act “by avoiding predominantly Black and Hispanic neighborhoods [in the Houston, metro area] because of the race, color and national origin of the people living in those neighborhoods.”. Specifically, Cadence will provide $4.17

Lending 403

Lending Loan Officers Advertising Development 403

Housing Wire

OCTOBER 15, 2020

“We still have vacancy and blight issues but they are not crippling as they were a decade ago,” said Ian Beniston, executive director at the Youngstown Neighborhood Development Corporation (YNDC), a nonprofit community development corporation in Youngstown, Ohio. When we began a decade ago there was much more blight.

Buyers 357

Buyers Development Renovations Retail 357

Housing Wire

JUNE 28, 2023

Founded in 2013 by Brew Johnson, Brett Crosby and Alex Perelman, Peer Street developed a marketplace connecting lenders and borrowers seeking capital to investors looking for real estate-related debt. The business attracted investor Michael Burry, one of the featured players in “The Big Short.”

Investors 429

Investors Real Estate Mortgage Investing 429

Housing Wire

MAY 9, 2022

According to a Worker Adjustment and Retraining Notification (WARN) notice submitted to the Employment Development Department (EDD) in California, the company cut 108 jobs in three rounds from February to April but intends to add 81 to the list. “A California-based Owning Corp.,

Human Resources 391

Human Resources Lending Retail Mortgage 391

Housing Wire

NOVEMBER 17, 2022

The appraisals, compiled between 2013 and 2021, show that the home appraisal industry gives higher values to homes whose owners are white, and less if the owners are people of color. In late October, the Federal Housing Finance Agency released 47 million appraisal reports to the public for the first time.

Appraisal 311

Appraisal Valuation Modernization Property Appraisal 311

Housing Wire

SEPTEMBER 25, 2024

Department of Housing and Urban Development (HUD) Secretary Shaun Donovan when the president signed the Reverse Mortgage Stabilization Act of 2013 into law. And I’ve had great mentors and developed great friendships. He was in the Oval Office with President Barack Obama and then- U.S.

Law 358

Law Development Mortgage Business 358

Housing Wire

MAY 19, 2022

A spokesperson for the Department of Housing and Urban Development (HUD) said in a statement that the administration is continuing to monitor seriously delinquent loans in its portfolio as it weighs premium pricing, and that to date, they have been “pleased.”.

Insurance 433

Insurance Mortgage Development 433

Housing Wire

NOVEMBER 11, 2021

During his time at Amrock, Hughes spearheaded the firm’s effort to develop digital mortgage closings. LaQuanda Sain, who has been with Rocket Mortgage since 2013 and is currently serving as executive vice president of mortgage retention, will take over Beattie’s role as the head of the servicing team.

Valuation 365

Valuation Technology Appraisal Clients 365

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. Thornton founded Real Genius in 2012 as ConsumerDirect Mortgage, and the company was acquired by FirstBank in 2013.

Mortgage 287

Mortgage Technology Lending Modernization 287

Housing Wire

DECEMBER 27, 2024

As you plan your 2025, its important to be intentional about including self-development activities. Written by a top-producing agent in the Chicago area, Sasso has developed, perfected and still uses her mailer system as her core prospecting activity in her real estate business.

Real Estate Agent 397

Real Estate Agent Real Estate Agents Business 397

Appraisal Buzz

JULY 5, 2024

Rowe Price as an Equity Research Intern in 2013, and in 2014, joined Wells Fargo Securities as an Asset-Backed Finance Analyst for a few months before transitioning to Fitch Ratings. Orenstein has a diverse work experience that spans several roles and companies. He began his career at T.

Housing Market 361

Housing Market Marketing Finance Development 361

Housing Wire

AUGUST 14, 2020

Berg joined Planet Home Lending in September 2013. For the last 16 years, the brokerage ranked as Northern Nevada’s highest-producing real estate office by agent activity. Reames started as a processor with Planet Home Lending in July 2017. The post People movers: Notarize, RE/MAX and Planet Home Lending appeared first on HousingWire.

Lending 289

Lending Retail Development Realty 289

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 390

Mortgage Inspection Real Estate Investors 390

Housing Wire

NOVEMBER 2, 2021

In 2013, the Federal Housing Administration (FHA) began requiring borrowers to pay the Mortgage Insurance Premium (MIP) for the life of an FHA loan. Prior to the 2013 policy change, FHA did not collect the MIP on loans that had amortized to an LTV of 78%. This change triggered controversy.

Insurance 352

Insurance Mortgage Development Valuation 352

Housing Wire

JULY 30, 2024

The HMAC lawsuit alleges that Turturro, restricted from using confidential company information for his benefit, directed $800,000 to a marketing agency to develop the Jet Mortgage brand. The document adds that Turturro joined HMAC in late 2022, becoming a “high-ranking employee” and divisional president for Jet Mortgage. dba In-House Lender.

Sellers 340

Sellers Business Contracts Mortgage 340

The Robert Weiler Company

MARCH 4, 2021

Mixed-use development in 2021 may not resemble Orbit City, but commercial builders, architects, and real estate investors are undoubtedly re-engineering the proximity of your personal and professional orbit. This type of development provides the “live, work, play, gather” atmosphere in a convenient manner.

Development 148

Development Retail Transportation Real Estate 148

Housing Wire

FEBRUARY 6, 2024

Department of Housing and Urban Development (HUD) Office of the Inspector General (OIG), the New York City Department of Investigations (DOI), the U.S. The earliest alleged conduct goes back to 2013 and continued until as recently as 2023, he added. Department of Labor OIG and others, Williams said.

Contracts 383

Contracts Law Development Business 383

Housing Wire

JUNE 26, 2024

And so, in 2013, 2015, 2017, we saw a lot of changes. Department of Housing and Urban Development (HUD)-certified counselor to gain full understanding of the loan prior to closing. One was to create protections for eligible non-borrowing spouses (NBS).

Mortgage 356

Mortgage Insurance Government Tools 356

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 160

Development Brokerage Agents 160

Housing Wire

OCTOBER 24, 2022

FHFA also announced a new Uniform Appraisal Dataset (UAD) Aggregate Statistics Data file, with user-friendly visualization on its website, to develop a more efficient valuation system to reduce appraisal bias. “As Appraisal bias. FHFA’s Division of Research and Statistics used 47.3

Valuation 365

Valuation Finance Appraisal Mortgage 365

Housing Wire

MAY 13, 2024

The VantageScore dataset that is scheduled to be made available includes information going back to 2013, which is not far enough, the groups assert. FHFA was comfortable approving VantageScore 4.0 for use by the GSEs based on limited historical data,” the letter reads.

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