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 418

Lending Loan Officers Advertising Development 418

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 368

Mortgage Technology Lending Modernization 368

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 418

Architecture Real Estate Agent Loan Officers Real Estate 418

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 418

Human Resources Lending Retail Mortgage 418

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

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.

Legal 418

Legal Insurance Development Mortgage 418

Housing Wire

JANUARY 12, 2022

Chicago-based Guaranteed Rate will discontinue its third-party wholesale channel, Stearns Wholesale Lending , just one year after it acquired the multichannel lender. In acquiring Stearns, the company sought to boost retail loan originations, scale its JV platform, and develop new multichannel capabilities.

Retail 397

Retail Loan Officers Best Value Business 397

Housing Wire

JULY 18, 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) never fully implemented this. “To These proposals build upon several changes FHA made to the HECM program on Jan. But the U.S.

Mortgage 439

Mortgage Design Insurance Lending 439

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.

Legal 448

Legal Mortgage Contracts Insurance 448

Appraisal Buzz

NOVEMBER 4, 2024

Responsible for market analysis, strategic planning and sales process development reporting directly to the CRO and CEO. He joined the Covius team in March of 2013 as SVP of Operations. Click here for more information or to register for the “ Partnering for Performance: Mortgage Operations Outsourcing ” webinar.

Mortgage 221

Mortgage Clients Technology Business 221

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

MAY 26, 2021

After all, the FHFA reported that since 2013, the GSEs had paid approximately $15 billion in interest and premiums for their CRT coverage while receiving just $50 million in write downs or reimbursements. Presented by: Acra Lending. Simply put, we’ve not seen unexpected losses between 2013 and the first quarter of 2021.

Insurance 389

Insurance Investors Design Finance 389

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 439

Sellers Business Contracts Mortgage 439

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. Topics of discussion will include: U.S. He began his career at T.

Housing Market 361

Housing Market Marketing Finance Development 361

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. 487 LiveEasy 1,204% 2013 Real estate software company changing the way people manage their move and their homes. 4,105 FirstCloseFirstclose. 4,105 FirstCloseFirstclose. 4,105 FirstCloseFirstclose.

Real Estate 370

Real Estate Real Estate Agent Technology Investors 370

Housing Wire

MARCH 23, 2022

Census Bureau and the Department of Housing and Urban Development. Could you imagine this housing market if we eased lending standards? I would be protesting in front of Congress and speaking at congressional hearings if lending standards were reduced. percent (±11.9 percent)* below the revised January rate of 788,000 and is 6.2

Mortgage 505

Mortgage Inventory Housing Market Construction 505

Housing Wire

DECEMBER 16, 2021

By July 2013, things were going so well that Godin and his wife purchased a lakefront mansion in Winnetka, Illinois, for nearly $13 million , a record for the posh Chicago suburb. The lender originated $10 billion in mortgages in 2013, $5 billion in 2014, $3 billion in 2015 and just $2 billion in 2016 before shutting down altogether in 2017.

Mortgage 370

Mortgage Loan Officers Retail Training 370

Appraisal Buzz

JUNE 14, 2024

Herbert serves as Managing Director of the Joint Center for Housing Studies of Harvard University, and has experience conducting research related to housing policy and urban development, both in the U.S. In her role as CEO, Priya leads NHT’s engagement in public policy, lending, and energy sustainability. and abroad.

Development 221

Development Government Project Management Design 221

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 369

Retail Business Agents Loan Officers 369

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

Appraisal Buzz

SEPTEMBER 25, 2024

Presented by Lead Sponsor Property Masters , and Partner Sponsors Black Dome Services , Inspectify , and Sphere Rocket VA , the Single-Family Rental Roundtable covered topics from lending strategies to property management, tech tools, build-for-rent demand, and much more throughout the afternoon.

Marketing 221

Marketing Property Management Investing Real Estate 221

Appraisal Buzz

AUGUST 23, 2024

Factually, a group of entities known as “Fendee” built a housing development that included a homeowner’s association. The governing documents for the association were recorded in 2013. Of importance in this matter, pursuant to the governing documents, monthly assessment payments were due on the tenth of each month.

HOA 221

HOA Mortgage Government Legal Fees 221

Simonson Real Estate

JANUARY 23, 2020

An example is the Hydes Development in Fridley industrial property where they put together food truck Fridays, happy hours, etc. Lowest volume since 2013. Midway Field, with Allianz Field development. Less development, potential to exacerbate affordability dilemma. Local, regional investors are creating more niches.

Real Estate 78

Real Estate Tenants Retail Valuation 78

Appraisal Today

DECEMBER 15, 2023

fair lending laws has been on regulators’ radar in recent years. The American Enterprise Institute (AEI) publishes data tracking the mortgage and appraisal production numbers of both Fannie Mae and Freddie Mac (the GSEs) going back to 2013.

Appraisal 77

Appraisal Contracts Business Mortgage 77

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. I quit commercial lender appraisals when my local bank was bought out in 2013 (competitive bidding for low fees).

Appraisal 69

Appraisal Modernization Training Business 69

Housing Wire

NOVEMBER 28, 2023

The Consumer Financial Protection Bureau (CFPB) imposed a $12 million penalty on Bank of America (BofA) for violating federal laws by submitting false mortgage lending information for about four years, it announced on Monday. The CFPB claims that the bank identified the practice as early as 2013 but “turned a blind eye for years.”

Law 476

Law Mortgage Loan Officers Lending 476

Housing Wire

JUNE 23, 2021

Musalem is chief executive officer, co-chief investment officer, and a founder of Evince Asset Management LP , a company developing portfolio technologies for investors and managing a quantitative global fund. He previously served as an economist at the International Monetary Fund from 1996 to 2000.

Finance 323

Finance Investing Government Lending 323

Realtor

AUGUST 1, 2018

But under legislation passed in 2013, you can plan on paying that extra money for the life of the FHA loan. “But for the first few years, a buyer is paying mostly interest rather than principal, so the loan amount doesn’t go down for quite a while,” says Robert Harris , owner and mortgage consultant at All in One Lending.

Inspection 134

Inspection Insurance Buyers Renovations 134

Realtor

AUGUST 1, 2018

But under legislation passed in 2013, you can plan on paying that extra money for the life of the FHA loan. “But for the first few years, a buyer is paying mostly interest rather than principal, so the loan amount doesn’t go down for quite a while,” says Robert Harris , owner and mortgage consultant at All in One Lending.

Inspection 78

Inspection Insurance Buyers Renovations 78

Appraisal Buzz

NOVEMBER 15, 2024

Responsible for market analysis, strategic planning, and sales process development reporting directly to the CRO and CEO. He joined the Covius team in March of 2013 as SVP of Operations. Click here for more information or to register for the “ Partnering for Performance: Mortgage Operations Outsourcing ” webinar.

Clients 368

Clients Technology Business Mortgage 368

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. Treasury in 2013. Department of Housing and Urban Development.

Insurance 446

Insurance Mortgage Development Valuation 446

Housing Wire

JUNE 25, 2021

Department of Housing and Urban Development published a proposal to the Federal Register on Friday that would rescind the department’s 2020 disparate impact rule and restore the 2013 discriminatory effects rule. The post HUD plans to restore 2013 version of discrimination rule appeared first on HousingWire.

Legal 474

Legal Housing Market Landlords Development 474

Housing Wire

FEBRUARY 6, 2025

This can be done by the Department of Housing and Urban Development (HUD). After the financial crisis, the mutual mortgage insurance (MMI) fund operated below that 2% requirement for a number of years and even went negative in 2013, resulting in it drawing $1.7 billion from the Treasury and effectively got bailed out by the taxpayers.

Insurance 378

Insurance Mortgage Buyers Government 378

Housing Wire

FEBRUARY 13, 2025

and top 10 reverse mortgage lender Liberty Reverse Mortgage , highlighted the financial performance of its reverse mortgage division as a hedge on forward originations and touted the ongoing performance of its servicing portfolio, and broadly stated that the company reached its highest net income since 2013, according to the CEO.

Development 201

Development Business Mortgage Tools 201

Housing Wire

JANUARY 31, 2025

Despite there being no federal statute, I have been proud that we, as Realtors, have been held to and voluntarily committed to a higher ethical code to ensure that fair housing extends to everyone, no matter their sexual orientation or gender identification since 2010 and 2013, respectively.

Legal 373

Legal Realtors Real Estate Real Estate Agent 373

Housing Wire

FEBRUARY 5, 2025

Department of Housing and Urban Development (HUD), was confirmed today by the U.S. As always, policy equals personnel so it will be critical for Secretary Turner to fill key positions with seasoned professionals in public and subsidized housing, fair housing /lending, mortgage banking, and financial markets. million households.

Modernization 235

Modernization Government Lending Development 235