Housing Wire

MAY 1, 2023

80% LTVs (no mortgage insurance required) and 80.01-85% 85% LTVs (with mortgage insurance) by credit score. As the FHFA pointed out, the current grids were developed some time ago and might reflect mortgage performance from a less benign economic environment than today.

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Mortgage Insurance Development Business 435

Housing Wire

NOVEMBER 18, 2022

The most recent example of a decline in districts to ll resulted from the 2015-2016 merger of the Seattle and Des Moines institutions into a Des Moines District Bank. savings and loan associations, savings banks, and cooperative banks) and insurance companies. Short-term advances are not so restricted.

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Legal Law Insurance Finance 370

Housing Wire

JULY 18, 2022

The Federal Housing Administration ’s (FHA) decision to withhold a mortgage insurance premium cut has confounded mortgage policy experts and industry stakeholders. Ed Golding, who was FHA commissioner from 2015 to 2017, said it’s “likely” budget issues are holding up a MIP reduction. A HUD spokesperson declined to comment.

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Insurance Transportation Mortgage Government 468

Housing Wire

JANUARY 28, 2021

The app also lists any local laws protecting renters who use veteran’s benefits or Social Security insurance payments to pay their rent. The Department of Housing and Urban Development attempted to crack down on landlord discrimination back in 2018.

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Landlords Tenants Law Legal 488

Housing Wire

APRIL 25, 2024

Department of Housing and Urban Development (HUD)’s Home Equity Conversion Mortgage (HECM) counseling program was cited as an example. This program provides counseling to all applicants of the federally insured reverse mortgage program, the Home Equity Conversion Mortgage program,” the report stated.

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Housing Wire

OCTOBER 1, 2022

The complaint filed in federal court on Wednesday alleges that from at least 2015 to 2021, Lakeland failed to provide mortgage lending services to Black and Hispanic neighborhoods in Newark. The largest settlement recorded , at $25 million, was with New Jersey-based Hudson City Savings Bank in 2015.).

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Loan Officers Law Lending Advertising 435

Housing Wire

APRIL 1, 2021

Real estate transactions require coordination between lenders, title insurers, home buyers, title & escrow companies – the list goes on. Since 2015 Qualia has invested heavily in building a flexible infrastructure for the real estate and mortgage industry. Joel Gottsegen, Co-founder. Lucas Hansen, CTO. Nate Baker, CEO.

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Real Estate Real Estate Agent Clients Development 397

Housing Wire

AUGUST 8, 2022

Chief Operating Officer Rob Lux was named co-CEO for operations, technology, business development, client management, human resources, and legal. Applegate was previously CEO of Common Securitization Solutions (a joint venture owned by Fannie Mae and Freddie Mac ), Homeward Residential , Radian Mortgage Insurance and GMAC Mortgage and Bank.

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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).

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Mortgage Insurance Government Tools 397

Housing Wire

FEBRUARY 1, 2024

Department of Housing and Urban Development (HUD) set the HECM limit at $625,500, an increase from $417,000. Other examples include the introduction in 2015 of the life-expectancy set aside (LESA) account and the 2017 principal limit factor changes. In 2009, the U.S.

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Mortgage Business Development Design 435

Housing Wire

OCTOBER 7, 2020

Behind him, the recent financial crisis still cast a cautionary shadow over new business development, but ahead he saw opportunities for a client-centric, tech-focused family of companies in the title insurance and real estate settlement services industry. Now, at WFG’s 10-year anniversary, this vision holds even more relevance.

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Real Estate Insurance Technology Loan Officers 370

Housing Wire

MARCH 10, 2022

Two similar past issuances, one in 2015 and another last year, also were sponsored by Lakeview, according to a US Bank trust investor report. The downside risk is an ultimate loan default, kicking in the underlying loan insurance provided through FHA, which is part of the U.S. Department of Housing and Urban Development (HUD).

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Mortgage Insurance Government Investors 396

Housing Wire

FEBRUARY 3, 2025

Starting in 2015, the homeowner fell behind on certain fees and assessments, leading to the association to declare a foreclosure action. Department of Housing and Urban Development (HUD)], and Reverse Mortgaging Service Department, the mortgage servicer. The Association did not send notice to RMF, the judges order reads.

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Mortgage HOA Law Property Taxes 329

Housing Wire

AUGUST 19, 2022

To be fair, this level of regulatory oversight was needed due to the criticality of banks to the financial system and potential exposure FDIC has by way of federal deposit insurance. However, nonbank counterparty risk exposure for Ginnie Mae is very real and critical to contain.

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Finance Insurance Mortgage Business 370

Housing Wire

MAY 10, 2022

In the end, some $850,000 in claims had to be paid on defaulted government-backed mortgages insured by the Federal Housing Administration (FHA). There were 1,150 SARs filings lodged in 2015 related to potential mortgage fraud involving the GSEs, according to the FinCEN data, and last year that number stood at 5,042.

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Mortgage Marketing Finance Insurance 418

Housing Wire

FEBRUARY 23, 2024

Recounting history TCB began its relationship with RMF in 2015 by “financing […] to enable RMF to fund and operate its business — including funding for RMF’s operations involving tails,” the filing states. Department of Housing and Urban Development (HUD) may not be in office should the suit progress to trial sometime next year.

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Lamacchia Realty

FEBRUARY 22, 2023

The Department of Housing and Urban Development announced the reduction of the FHA Mortgage Insurance Premium (MIP) today. The down payment hasn’t changed but the cost of the monthly mortgage insurance has decreased putting more money back in the homeowners’ pockets, making homeownership more affordable. to $176.92.

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Insurance Development Buyers Realty 74

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. Palmer serves as Chairman and CEO of Taylor Morrison, a national homebuilder and developer based in Scottsdale, Arizona. and abroad.

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Development Government Project Management Design 221

Housing Wire

NOVEMBER 17, 2022

We have urged Washington policymakers to price housing insurance programs appropriately to actual risk, and not use these programs as budget devices to fund other federal budget priorities. FHFA’s recent fee cut for first-time homeowners and FHA’s very strong financial report are positive developments.

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Mortgage Finance Design Insurance 321

Miller Samuel

MARCH 19, 2019

The New York state political zeitgeist was recently and suddenly tilted against luxury development in New York City. If this latest turn of events plays out as written, we'll be able to look back at this era as a milestone where the supertanker began to turn in the wrong direction for the new development multi-family industry.

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Real Estate Law Development Investors 370

Housing Wire

FEBRUARY 15, 2022

government, insurance companies and financial institutions as well as asset-backed security issuances and transactions in the private-label residential mortgage-backed securities (MBS) sector. The sectors highlighted in the rating-agencies report include securities issued by corporations, the U.S.

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Law Mortgage Marketing Design 370

The Robert Weiler Company

JULY 18, 2021

Property owners include individuals, LLCs, families, large corporations, insurance companies, financial institutions, government, real estate investment trusts, and religious institutions. since its peak in 2015. In the United States, commercial real estate is big business. Valued at nearly $17 trillion and covering an impressive 69.2

Real Estate 148

Real Estate Investing Investors Renovations 148

Appraisal Today

MAY 10, 2024

These policies were the result of a collaborative effort between the GSEs, the Department of Housing and Urban Development (HUD) and the Federal Housing Finance Agency (FHFA). To read the Fannie document, Click Here My comments: What will happen to owners and buyers who cannot get insurance or whose costs will go way up?

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Reconsideration of Value Appraisal Real Estate Insurance 82

McKissock

OCTOBER 11, 2020

As a global speaker, author, coach, and social media influencer, Leigh strives to support and develop REALTORS®, who are both leaders and advocates in their communities. She strives to make her community a better place through personal interactions and positive relationships daily. The post FREE Webinar: Fair Housing, Is It?

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Law Real Estate Training Realtors 52

Housing Wire

MARCH 17, 2022

As HUD considers mortgage insurance premium (MIP) changes in the aftermath of FHA’s record-breaking FY 2021 performance with $100 billion of capital reserves and a capital ratio of 8%, it is time to address the “elephant in the room.” It is important to remember that FHA was founded on fundamental insurance principles.

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Insurance Finance Mortgage Sellers 448

The Robert Weiler Company

JULY 4, 2022

You’ll understand multifamily property tax and insurance requirements and diligent financial bookkeeping. Butler developed an proven, effective method for managing rental properties without the hassle and in your spare time: Landlording on Autopilot. But he didn’t always wear all of these hats.

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Property Management Tenants Landlords Legal 78

Housing Wire

MARCH 11, 2024

Department of Housing and Urban Development (HUD) Secretary Marcia Fudge announced on Monday that she would be resigning from her post effective March 22. Fudge oversaw three submissions of the agency’s Annual Report to Congress, which reported positivity in the Mutual Mortgage Insurance (MMI) Fund’s HECM portfolio each time.

Mortgage 459

Mortgage Development Finance Insurance 459

Appraisal Today

APRIL 21, 2023

Brand your appraisal practice Make it easier for customers to send you referrals by developing a brand that they will remember. 2 Lenders require appraisers to carry E&O insurance because they routinely seek to hold appraisers responsible for loan losses. Here’s how to get referrals for your appraisal business.

Appraisal 52

Appraisal Contracts Modernization Mortgage 52

Housing Wire

FEBRUARY 29, 2024

Department of Housing and Urban Development (HUD) and the White House announced plans to extend the Federal Financing Bank (FFB) risk-sharing program, two prominent housing associations shared their differing perspectives on the move. Shortly after the U.S.

Finance 439

Finance Insurance Design Construction 439

The Robert Weiler Company

NOVEMBER 16, 2022

In 2015, the company opened a $50 million research and development center in Solon, and in 2016, it spent another $31 million to expand its Quality Assurance Center in Dublin. Some of the largest brands include: Nationwide Insurance. Honda Research & Development Americas. Victoria’s Secret. Bath & Body Works.

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Business Logistics Supply Chain Technology 147

Housing Wire

FEBRUARY 22, 2023

The cut, widely anticipated by the industry, will result in mortgage insurance premiums (MIP) of 55 bps for most borrowers, down from 85. Housing and Urban Development (HUD) Secretary Marcia Fudge will make the official announcement with Vice President Kamala Harris Wednesday afternoon at Bowie State University in Maryland.

Mortgage 482

Mortgage Insurance Finance Development 482

Appraisal Today

NOVEMBER 10, 2022

Development of value and/or marketability conclusions that are not supported by available market data. Bottom line: If the home is going to be financed by a lender, insured by FHA, or sold on the secondary market, you must make sure you compile a fair, thorough report to ensure that the lender doesn’t take a loss.

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Appraisal Real Estate Agent Real Estate Contracts 40

Housing Wire

MARCH 29, 2022

The three agencies in charge of such reviews — the Federal Reserve , the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency — have not denied a single bank merger in 15 years. And in a March interview with former president Bill Clinton, Department of Housing and Urban Development Sec.

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Lending Government Law Mortgage 370

Housing Wire

DECEMBER 24, 2021

real estate between 2015 and 2020.”. Those GTOs, the White House report states, were directed at title insurance companies, requiring them to identify the “natural persons behind legal entities [shell companies] used in all-cash purchases of residential real estate exceeding $300,000. …” The GTO dragnet ultimately encompassed a dozen U.S.

Real Estate 482

Real Estate Government Legal Law 482

Appraisal Buzz

MARCH 6, 2025

As Chief Servicing Officer, Roger has managed the growth from 20,000 loans serviced in 2015, to more than 270,000 loans today. Vella began his financial services career with the Federal Deposit Insurance Corporation (FDIC) and Freddie Mac. He holds a bachelors degree in Finance and Economics from Stephen F.

Mortgage 416

Mortgage Finance Technology Clients 416

Housing Wire

FEBRUARY 4, 2025

It would provide notice of mortgagor’s right and responsibilities under reverse mortgage loans issued under the [HECM] program of the federal Department of Housing and Urban Development (HUD), and it would require every authorized lender in the state to provide copies of these summaries no less than five days before the closing of a HECM loan.

Mortgage 360

Mortgage Law Property Taxes Design 360

Housing Wire

MARCH 5, 2025

Department of Housing and Urban Development (HUD) is planning to eliminate dozens of field offices across the country. According to 2019 congressional testimony from the Government Accountability Office (GAO), the NSC fielded 105,000 HECM-related servicing inquiries between 2015 and 2018. could be impacted.

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Government Insurance Lending Training 413