Housing Wire

DECEMBER 14, 2022

In his new position, Ralston will lead the mortgage banking division’s strategies and oversee origination and servicing operations of the wholesale, non-delegated and delegated correspondent channels, and warehouse lending. Prior to this role, Ralston served as the senior vice president of mortgage banking at NexBank since 2013.

Lending 418

Lending Business Mortgage Finance 418

Appraisal Buzz

FEBRUARY 11, 2025

Michael Gevurtz, CEO and Founder, Bluebird Lending This article originally appeared in the February 2025 edition of MortgagePoint magazine, online now. It happened by accident in 2013. Q: In the current market, what do you see as possible market corrections to amend the affordability crisis?

Real Estate 269

Real Estate Finance Development Investing 269

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 475

Mortgage Insurance Lending Marketing 475

Housing Wire

FEBRUARY 18, 2021

After three weeks of unchanged rates, the average mortgage rate for a 30-year fixed loan jumped 8 basis points to 2.81%, reaching its highest point since mid-November, according to Freddie Mac ’s Primary Mortgage Market Survey. However, the uptrend in the bond market since the lows of August 2020 is intact. for the week ending Feb.

Mortgage 545

Mortgage Supply Chain Lending Marketing 545

Housing Wire

SEPTEMBER 17, 2021

This exact scenario occurred in 2013 during what was known as the taper tantrum. On the flip side, events unrelated to the Fed’s activities can also have a tremendous impact on the market. The craving for market stability — and the willingness to believe that a change like ZIRP will deliver it — is understandable but misguided.

Marketing 435

Marketing Mortgage Investing Business 435

Appraisal Buzz

JULY 5, 2024

While the nation’s housing market remains tight, sales are tracking well below housing demand, and rental and homeowner vacancy rates are plummeting to multi-decade lows. economics, including the labor market, consumer spending, inflation, demographics, and many more. On Wednesday, July 10, Fitch Ratings will present, its “ U.S.

Housing Market 361

Housing Market Marketing Finance Development 361

Housing Wire

JANUARY 25, 2024

Jonathon Haddad, president of Next Door Lending , will replace Katie Sweeney as the chairman and CEO of the Association of Independent Mortgage Experts (AIME). Haddad joined the channel in 2020 at Next Door Lending, where he transitioned from vice president to managing partner and president. He left Rocket in the beginning of 2019.

Retail 448

Retail Lending Loan Officers Brokerage 448

Housing Wire

JULY 2, 2024

The data provides “updated mortgage performance and credit information for a nationally representative sample of mortgage borrowers from 2013 to 2021,” the agencies explained. On a quarterly basis since 2014, the FHFA and the CFPB have sent surveys to borrowers who recently obtained mortgage financing.

Mortgage 419

Mortgage Appraisal Process Finance Appraisal 419

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.”. We are pleased with our results today.”.

Lending 418

Lending Loan Officers Advertising Development 418

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. A decline of the index, benchmarked to 100 in March 2012, indicates that lending standards are tightening while an increase suggests loosening credit.

Mortgage 418

Mortgage Government Lending Marketing 418

Housing Wire

MAY 9, 2022

The list includes top executives, such as lending directors and vice presidents for credit and underwriting. In this context, Owning is the second company acquired by Guaranteed Rate in 2021 to face layoffs in the challenging mortgage market this year. Surging mortgage rates are reducing margins and volumes.

Human Resources 418

Human Resources Lending Retail Mortgage 418

Housing Wire

JUNE 13, 2023

A decline of the index, benchmarked to 100 in March 2012, indicates that lending standards are tightening while an increase suggests loosening credit. With this decline in availability, the MCAI is now at its lowest level since January 2013.” Of the two component indices of the conventional index, the Jumbo MCAI fell by 1.5%

Mortgage 370

Mortgage Government Lending Contracts 370

Housing Wire

SEPTEMBER 10, 2020

In 2013, Fraser was tapped to head CitiMortgage in St. The day I started at CitiMortgage was the day the market started responding to the Fed, and inevitably was the end of the refi boom,” Fraser, who became CEO in May 2013, said in an interview with the Post-Dispatch. “The

Mortgage 362

Mortgage Retail Lending Business 362

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

JULY 14, 2022

Cuts also hit operations, risk and compliance, legal, finance, business operations and marketing teams, according to a presentation held on Wednesday afternoon. . Kiavi, founded in 2013 and led by CEO Michael Bourque, expanded to three states in June and now operates in 32 states and Washington, D.C. .

Human Resources 418

Human Resources Investors Construction Legal 418

Appraisal Buzz

JULY 1, 2024

The data also provides updated mortgage performance and credit information for a nationally representative sample of mortgage borrowers from the years 2013-2021. These surveys gather feedback on borrowers’ experiences during the mortgage process, their perceptions of the mortgage market, and their future expectations.

Government 411

Government Mortgage Design Property Appraisal 411

Housing Wire

OCTOBER 29, 2021

The Consumer Financial Protection Bureau (CFPB) has appointed two veteran regulators to lead enforcement and supervision, the latest indication that Director Rohit Chopra will heavily prioritize fair lending and racial equity issues. He also had a stint as director at the Center for Responsible Lending. a legal defense nonprofit.

Lending 396

Lending Law Legal Mortgage 396

Housing Wire

OCTOBER 11, 2022

drop in cash-out refinance locks in September from the previous month, which is now down 78% from the same period in 2021, according to Black Knight ’s originations market monitor report. “Home prices are pulling back in a growing number of markets, but across the country, affordability remains a challenge,” Happ said.

Lending 397

Lending Home Value Mortgage Government 397

Housing Wire

JANUARY 5, 2021

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. 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

Housing Wire

MARCH 23, 2022

We finally got mortgage rates to rise, and for people like me who have been concerned about how unhealthy the housing market was last year — and it got a lot worse this year — it’s a blessing that was much needed. This sector on an apples-to-apples basis is more expensive than the existing home sales market. The only risk to that 6.2

Mortgage 505

Mortgage Inventory Housing Market Construction 505

Housing Wire

OCTOBER 5, 2023

That is the ultimate lever — it is really the only lever that the mortgage lending community has. I worked for a mortgage company from 2007 until 2013 — that’s where I learned the industry. Then I started a mortgage company in 2013 that went on until 2019. SW: So did you start Polly because of what you saw as a lender?

Technology 447

Technology Lending Mortgage Business 447

Housing Wire

MAY 26, 2021

After reading the recent report from the Federal Housing Finance Agency on the performance of Fannie Mae and Freddie Mac’ s credit risk transfer programs, anyone unfamiliar with the purposes of CRT might understandably conclude that the GSEs vastly overpaid capital market investors and insurance providers to transfer credit risk off their books.

Insurance 387

Insurance Investors Design Finance 387

Housing Wire

APRIL 27, 2021

As the mortgage market navigates an uncertain and challenging time, extending the date by which lenders must comply with the CFPB’s new General QM definition will help provide options and flexibility for both lenders and borrowers.”. Presented by: Insellerate.

Finance 370

Finance Legal Realty Mortgage 370

Housing Wire

FEBRUARY 14, 2023

Tyrrell joined Ellie Mae in 2002, where he was promoted to executive vice president in 2013 from chief operating officer and senior vice president. ICE acquired Ellie Mae in 2020 from Thomas Bravo for $11 billion. “In The firm expects the business model that focuses on recurring revenue will help grow the business by 8-10% per year.

Technology 397

Technology Mortgage Lending Business 397

Housing Wire

JUNE 28, 2022

Kiavi , formerly LendingHome , recently closed a $218 million private-label securitization of unrated short-term mortgages — described as “residential transition loans” (RTLs) by the lender, which serves the fix-and-flip market. Nomura Securities International Inc. served as the sole structuring agent of the securitization.

Investors 383

Investors Real Estate Finance Lending 383

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. 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

MARCH 29, 2022

During her 16-year stint at the government guarantor, Johnson held numerous titles, including vice president of capital markets from 2006 to 2012, senior vice president of multi-family from 2012 to 2013 and chief risk officer from 2015 to 2018. What are the building blocks of digital lending? Presented by: Wolters Kluwer.

Government 370

Government Lending Technology Mortgage 370

Housing Wire

FEBRUARY 6, 2023

Dybvad, who joined the company in 2013 and is now a vice president, will be responsible for loan origination production in the Ohio, Indiana, Illinois, Michigan, Wisconsin and Kentucky markets.

Legal 391

Legal Mortgage Lending Buyers 391

Appraisal Buzz

NOVEMBER 4, 2024

Responsible for market analysis, strategic planning and sales process development reporting directly to the CRO and CEO. His role blends his unique skillset set of tactical marketing execution with sales expertise and the ability to drive hyper-growth for companies in the outsourcing space.

Mortgage 221

Mortgage Clients Technology Business 221

Housing Wire

MAY 13, 2024

Announced in February , the agency had originally planned to publish the dataset next year, but it chose instead to advance the timeline to third-quarter 2024 in order to “better support market participants with this transition” to a new bi-merge credit reporting requirement that is also being challenged by trade groups and lawmakers.

Legal 447

Legal Mortgage Contracts Insurance 447

Housing Wire

DECEMBER 14, 2020

The evidence for this can be seen here in a series of charts published with the article: Considering all the wild machinations in the market that we lived through from the date of the first infections to the present, I thought it would be useful to recap some of the year’s significant economic milestones. BC Era: Before Coronavirus.

Housing Market 545

Housing Market Government Marketing Mortgage 545

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 1, 2022

Fannie said in a press release on Monday that the creation of this role cements its commitment to enabling opportunities for minority and women-owned firms in capital markets and fostering an inclusive workplace. Effective Feb. Before that, she worked at Ballard Spahr in public finance and housing.

Human Resources 418

Human Resources Government Finance Mortgage 418

Appraisal Buzz

JUNE 27, 2024

Prior to joining NFHA, Bailey served as an EVP at the Center for Responsible Lending (CRL), a research and policy advocacy organization that seeks to build a fairer and more inclusive financial services marketplace. Still has testified before Congress multiple times. Still is presently Chair of MBA’s Opens Doors Foundation.

Development 395

Development Finance Tenants Lending 395

Housing Wire

DECEMBER 7, 2020

housing market was the single best outperforming economic sector globally during the COVID-19 pandemic in 2020. Demand right now is not an issue for both the existing and new home sales market. In 2013/2014, when the economic data was improving, mortgage rates rose. New Home Supply. Hard pass.

Inventory 545

Inventory Construction Government Housing Market 545

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

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 437

Sellers Business Contracts Mortgage 437