Housing Wire

DECEMBER 9, 2020

The bank will pay a $200,000 fine for reporting inaccurate HMDA data in 2016 and 2017 — with error rates up to 40% in some cases, according to the CFPB. The settlement also orders Washington Federal to “develop and implement an effective compliance-management system to prevent future violations,” per the CFPB.

Training 370

Training Lending Development Mortgage 370

Housing Wire

JANUARY 26, 2024

Department of Housing and Urban Development (HUD) Office of the Inspector General (OIG) issued a management alert this week, saying that the department has struggled to identify and prevent “improper payments” related to its programs for 11 consecutive years. billion in improper payments. billion in FY16 to $45.3 billion in FY16 to $45.3

Law 435

Law Development Tenants 435

Housing Wire

JULY 16, 2024

Ultimately, this development will empower our members to better serve their clients and grow their businesses.” Founded in 2016, NCRMLS — which is based in Castle Hayne, North Carolina — is a wholesale cooperative MLS. According to the announcement, the move over to NCRMLS for the Georgia MLSs will go live in first-quarter 2025.

Real Estate 420

Real Estate Modernization Realtors Retail 420

Housing Wire

OCTOBER 17, 2023

The index shows the relative degree of movement between brokerages by experienced agents and is indexed to the level of mobility in January 2016. To capture these trends and report them to the industry Relitix recently developed its Agent Movement Index.

Real Estate Agent 435

Real Estate Agent Real Estate Agents Brokerage 435

Housing Wire

SEPTEMBER 26, 2023

The index shows the relative degree of movement between real estate brokerages by experienced agents and is indexed to the level of mobility in January 2016. To capture these trends and report them to the industry Relitix recently developed its Agent Movement Index. The most recent trailing twelve months value shows a new low of 89.3

Real Estate Agent 434

Real Estate Agent Real Estate Agents Brokerage 434

Housing Wire

MARCH 19, 2021

Watson Laws joined HousingWire in 2016 as National Sales Director and was promoted to Vice President of Sales and Revenue Operations in 2019. When Watson Laws joined in 2016, she took on the management of three account executives. .” She will also continue to identify product opportunities and develop go-to-market strategies. “I

Law 396

Law Advertising Clients Business 396

Housing Wire

SEPTEMBER 11, 2020

In 2019, Tyrrell became chief operating officer and was awarded membership within the Forbes Business Development Council the same year. In 2005, Tyrrell temporarily left the company to work as an independent executive consultant, ultimately returning to Ellie Mae in 2010 as a senior vice president. ICE also acquired Simplifile in 2019.

Mortgage 505

Mortgage Development Business 505

Housing Wire

SEPTEMBER 10, 2021

The consent order from three years ago mandated that Wells Fargo appoint and maintain an active compliance committee of at least three members and develop a compliance risk management proposal to address these issues. 2016 regarding the bank’s retail sales practices expired a few days prior.

Lending 482

Lending Retail Housing Market Mortgage 482

Housing Wire

OCTOBER 23, 2024

the lowest since 2016, indicating a sharp decrease in agent movement compared to previous years. Rob Keefe commented on these developments: “The data from September underscores a pivotal moment in our industry. This decline suggests that agents are increasingly hesitant to switch brokerages as we move deeper into the fall season.

Agents 458

Agents Brokerage Real Estate Realtors 458

Housing Wire

AUGUST 28, 2024

Department of Housing and Urban Development (HUD) by falsely certifying that the money was being spent in compliance with federal accessibility laws.” A similar lawsuit against the city was previously settled in 2016 for $200 million. Department of Justice (DOJ) on behalf of a disabled resident.

Law 434

Law Development Legal Housing Market 434

Housing Wire

OCTOBER 17, 2024

Better began partnering with big data firm Palantir in 2022 to develop the platform. Better claims it has funded more than $100 billion in mortgages since 2016. Gains in productivity mean fewer additions to operations staff per LO in this lending cycle, he added. The digital lender posted a net loss of $42.2 million.

Tools 435

Tools Loan Officers Technology Mortgage 435

Housing Wire

APRIL 26, 2021

Allen, hired in January, is responsible for managing Cloudstar’s title service department, which includes consulting, server-based reporting, and workflow services, as well as development in blockchain integrations and API’s. For title professionals, Cloudstar offers ResWare , RamQuest , Qualia , and SoftPro Consulting.

Technology 370

Technology Development Legal Clients 370

Housing Wire

FEBRUARY 3, 2021

A Chicago-area real estate developer and two mortgage professionals participated in a mortgage fraud scheme that defrauded banks out of at least $3 million, the U.S. The alleged scheme occurred over a six-year period ending in April 2016, the government said. Attorney’s Office in Chicago said Tuesday.

Mortgage 418

Mortgage Government Real Estate Development 418

Housing Wire

MARCH 22, 2023

million in seed funding, led by SignalFire in December 2021 to develop the mobile app. Since launching its first production product in 2016, the company has grown to a size of 20 employees. Quo raised $7.2 Since launching their app in June 2021, Quo’s users have amassed over $1.5

Finance 396

Finance Real Estate Agent Loan Officers Legal 396

Housing Wire

AUGUST 14, 2020

For the last 16 years, the brokerage ranked as Northern Nevada’s highest-producing real estate office by agent activity. Planet Home Lending has promoted four people to vice president positions, supporting the company’s continual growth.

Lending 387

Lending Retail Development Realty 387

Housing Wire

APRIL 12, 2022

To help the lowest-income families, who increasingly can’t find affordable housing in today’s market, federal, state, and local governments devote considerable resources to subsidize the development of affordable housing with below market rents. These bureaucratic barriers burden developers with direct and indirect costs.

Development 418

Development Finance Legal Fees Construction 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 369

Mortgage Technology Lending Modernization 369

Housing Wire

OCTOBER 25, 2023

For that reason, Treasury is committed to developing a solution to increase the transparency in the domestic real estate market.” FinCEN began issuing GTOs in January 2016 and last announced expansions to its GTOs in April 2023. national security and help protect the integrity of the U.S. financial system.

Real Estate 448

Real Estate Law Design Development 448

Housing Wire

MAY 12, 2021

Since then, we developed proprietary technology to improve every piece of the process but we officially revolutionized the mortgage industry when we launched Rocket Mortgage in 2015,” said Jay Farner, Rocket Mortgage CEO. “Rocket Mortgage has grown to be the industry leader and the measuring stick for all other lenders.

Lending 397

Lending Mortgage Real Estate Technology 397

Housing Wire

JUNE 6, 2024

This development is contrary to the declining trend observed in recent months, suggesting a potential revitalization in the industry. This percentage is normalized to reflect a value of 100 at the level of movement in January 2016 (0.7313%).

Real Estate Agent 490

Real Estate Agent Real Estate Agents Brokerage 490

Housing Wire

NOVEMBER 21, 2022

The GTOs and the $300,000 reporting requirement were established in 2016 by FinCEN and were originally designed to target shell companies purchasing real estate in Manhattan and Miami. We urge stakeholders to provide input to assist us in developing an approach that enhances transparency while minimizing burden on business.”.

Real Estate 418

Real Estate Law Development Design 418

Housing Wire

NOVEMBER 23, 2021

The Neighborhood Homes Investment Act (Neighborhood Homes) would begin addressing these challenges by developing or renovating 125,000 affordable homes in economically distressed communities. It’s a fact: the homeownership gap between Black and white households is wider now than when the Fair Housing Act was passed in 1968.

Investing 476

Investing Renovations Construction Development 476

Housing Wire

APRIL 8, 2024

Using a slightly different yardstick than USDA, HAC estimated in a 2018 report that Section 515 loan maturities will reach 191,607 units between 2016 to 2036 — and 416,396 units between 2016 and 2050.) The legislation would provide several tools to help stem the loss of Section 515 affordable-housing in rural America.

Tenants 511

Tenants Finance Construction Government 511

Housing Wire

DECEMBER 6, 2021

According to the lawsuit, Tate-Austin, and her husband Austin bought a house in Marin County for $550,000 in 2016. Department of Housing and Urban Development on behalf of Cora Robinson, who alleged racial bias against Class Valuation , an appraisal management company, and Thomas Kearney, an individual appraiser.

Appraisal 418

Appraisal Valuation Development Real Estate 418

Housing Wire

MARCH 25, 2021

Founded in 2016, Maxwell claims it has facilitated over $100 billion in loan volume to date through its platform. Maxwell will use the additional capital to accelerate product development, market penetration, and product and engineering recruitment.

Mortgage 448

Mortgage Lending Technology Loan Officers 448

Housing Wire

JUNE 6, 2023

Watson, who has been with Cenlar since 2016, previously held the role of senior pricing analyst and is a graduate of the Cenlar Leadership Development Program. “I

Valuation 370

Valuation Clients Contracts Mortgage 370

Housing Wire

DECEMBER 7, 2020

1, 2016, Nationstar: Failed to identify loans on its systems that had pending loss-mitigation applications or trial-modification plans, and as a result failed to honor borrowers’ loan modification agreements. . Specifically, the CFPB alleged that between Jan. 2012 and Jan. Mr. Cooper services over 3 million mortgages in the U.S.,

Law 537

Law Insurance Mortgage Investing 537

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 459

Investors Real Estate Mortgage Investing 459

Housing Wire

SEPTEMBER 30, 2020

Tony Thompson founded the National Association of Minority Mortgage Bankers of America in 2016 with a vision to positively grow, develop and improve the industry by introducing women and minorities to the industry and investing in America’s youth to make them the leaders of tomorrow.

Development 304

Development Design Real Estate Business 304

Housing Wire

OCTOBER 15, 2024

McKinney, who’s been CEO of Benchmark since 2016, will serve as executive vice president for growth and strategic development at PrimeLending. Brian McKinney, formerly the CEO of Benchmark Mortgage (a dba of Ark-La-Tex Financial Services ), has joined PrimeLending in a newly created executive position.

Loan Officers 448

Loan Officers Business Development Mortgage 448

Housing Wire

JANUARY 8, 2024

The new agreement The agreement, stemming from a proof of claim filed against RMF by Celink in May 2023, originally sought $361,726 from the lender based on a subservicing agreement entered between both companies in late 2016. of the originally sought amount.

Property Taxes 456

Property Taxes Law Legal Mortgage 456

Housing Wire

JANUARY 5, 2021

Back in 2016, the FHFA issued a final rule that implemented the DTS provisions as mandated by the Housing and Economic Recovery Act of 2008.

Finance 418

Finance Development Investing Mortgage 418

Appraisal Buzz

JUNE 11, 2024

History of the DTS program FHFA issued a final rule in 2016 that implemented the DTS provisions of the Housing and Economic Recovery Act of 2008 (HERA). Department of Housing & Urban Development (HUD) and U.S. Thompson. “I I look forward to hearing the public’s input and feedback on the plans the Enterprises have proposed.”

Finance 390

Finance Real Property Design Lending 390

Housing Wire

OCTOBER 24, 2022

Looking for remote positions where I can leverage my relationship management, customer support, and business development skills. Roofstock, founded in 2016, provides a fintech platform for investors to manage, sell and partially invest in single-family rental properties in 27 markets across the U.S.

Real Estate 418

Real Estate Investing Investors Business 418

Housing Wire

JUNE 10, 2022

His extensive industry experience has allowed him to learn the challenges originators and consumers face in the home buying experience and he will work to develop solutions that improve and streamline the process for our franchisees and customers,” said Ward Morrison, president and chief executive officer at Motto Franchising and wemlo.

Marketing 435

Marketing Real Estate Agent Lending Real Estate 435

Appraisal Buzz

NOVEMBER 26, 2024

Regulatory Developments: Key updates on policy changes and new regulations affecting industry compliance and operations. Housing Market Supply and Demand: An analysis of housing inventory trends and construction pressures affecting pricing and availability.

Real Estate 367

Real Estate Insurance Construction Housing Market 367

Housing Wire

SEPTEMBER 16, 2022

Fannie Mae has completed the sale of its 27 th reperforming-loan offering since the inaugural transaction in 2016. Moon will oversee Fannie Mae’s enterprise risk management, a role responsible for governance and developing strategy for the agency’s global risk management. Moon also will be part of Fannie Mae’s management committee.

Government 418

Government Development Investing Marketing 418