Housing Wire

MAY 12, 2021

Five years after introducing the Rocket Mortgage brand for digital lending, Rocket Companies will finally retire the legacy Quicken name on July 31. “More than 20 years ago, Dan Gilbert, our founder and chairman, had a vision of putting the entire mortgage process online to simplify the lending experience and add more transparency.

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Housing Wire

JUNE 10, 2022

Mortgage lender and servicer Planet Home Lending also named Kathryn Edelen as regional vice president of its sales division this week. for Planet Home Lending, will focus on increasing market share by adding branches and loan originators. Edelen most recently was a regional sales manager at Nations Lending.

Marketing 435

Marketing Real Estate Agent Lending Real Estate 435

Housing Wire

OCTOBER 17, 2024

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

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Tools Loan Officers Technology Mortgage 435

Housing Wire

AUGUST 3, 2023

Department of Housing and Urban Development (HUD) for alleged redlining practices. Fair Lending Act by engaging in discriminatory lending practices in majority Black and Hispanic neighborhoods in six U.S. That was the second time HSBC was questioned about its mortgage lending practices by federal agencies.

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Lending Mortgage Development Marketing 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.

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Mortgage Government Real Estate Development 418

Housing Wire

MAY 22, 2024

Department of Housing and Urban Development (HUD), the Home Equity Conversion Mortgage (HECM) for Purchase (H4P) program saw its share of total HECM endorsements in 2023 rise to its highest level since 2019. According to the most recent annual report to Congress by the U.S. That’s not saying all that much. A sleeping giant?

Mortgage 458

Mortgage Loan Officers Lending Business 458

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.”

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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.

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Real Estate Insurance Construction Housing Market 367

Housing Wire

DECEMBER 9, 2020

mortgage and housing markets and serves an audience of lending, servicing, investment and real estate market participants. Mark Adams, Director of Real Estate for HW Media, will take on responsibility as the commercial lead for REAL Trends where he will oversee product development and sales. About HW Media. About HW Media.

Real Estate 539

Real Estate Brokerage Legal Real Estate Agent 539

Housing Wire

DECEMBER 2, 2024

Keeping that momentum going is a priority for Jesse Allen, who was recently announced as the president for Rate’s reverse lending division. Jesse Allen “Rate offers a comprehensive platform — we’re one of the top-ranked retail lenders in the industry,” Allen said of its forward lending side.

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Retail Lending Loan Officers Mortgage 370

Housing Wire

MAY 2, 2022

Presented by: Acra Lending. The company reduced its origination to $2 billion in 2016 before shutting down altogether in 2017. In October 2021, a $175 million investment from principals at the private holding company StoicLane was used to grow operations and refine and develop new technologies.

Human Resources 397

Human Resources Loan Officers Retail Training 397

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.

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Tenants Finance Construction Government 511

Housing Wire

AUGUST 14, 2024

In concert with the brand unification, we also developed and introduced a singular company purpose and shared values,” Sieffert said during the earnings call. The go-to market strategy of the company’s retail lending division was revised and includes stepping away from “strategies that have been less fruitful over time,” she explained. “We

Finance 435

Finance Marketing Mortgage Retail 435

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

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Valuation Clients Contracts Mortgage 370

Housing Wire

SEPTEMBER 28, 2023

So, we’re not little, but we’re not big, like some of these companies with 500 developers. We have a development team and so we have software developers, system analysts, business analysts, quality assurance testers, and people that manage deployments. We have smaller teams, but they’re very effective.

Technology 482

Technology Loan Officers Lending Business 482

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. 678 TriusLending 869% 2003 A mid-Atlantic real estate investment firm and financing lender focused on short-term private lending and long-term rental loans. 4,105 FirstCloseFirstclose.

Real Estate 370

Real Estate Real Estate Agent Technology Investors 370

Housing Wire

FEBRUARY 15, 2022

The report includes an analysis of essential-findings trends from examinations conducted between 2016 and 2021. From 2016 to 2021, the large NRSROs had an average of 8.2 A chart in the report shows that the range of essential-finding violations in 2016 averaged between 14 to 18 across the small, medium and large agency categories.

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Law Mortgage Marketing Design 370

Housing Wire

MARCH 1, 2022

In 2016 LLR led a $26.5 million investment in eOriginal, a multi-year Tech100 winner that developed a ‘simple closing experience for lenders, borrowers and settlement agents.’ This isn’t a new story in mortgage lending or real estate brokerage. Mortgage lending has its problems. This could be read through a negative lens.

Real Estate 397

Real Estate Brokerage Real Estate Agent Technology 397

Appraisal Buzz

JULY 8, 2024

Heck, appraisal modernization was being discussed by FNMA and Freddie Mac in 2016! Moves to modernize The most recent efforts to “modernize” the appraisal process was highlighted significantly due to the years of the pandemic when appraisal turn times and fees reached all-time highs. Some of these have been around for many years.

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Modernization Inspection Appraisal Technology 367

Housing Wire

JANUARY 21, 2022

Still, hidden among all that greenwashed coal may be a framework or two for manufacturing diamonds, according to some experts working to develop those investment standards. And so that’s where non-QM lending comes into play.”. building, even after fulfilling program requirements.”

Marketing 418

Marketing Investors Development Mortgage 418

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. We dabbled under the hood from mid-2016 to about mid-2018, and then really started to perfect it.

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Retail Business Agents Loan Officers 370

Housing Wire

JULY 18, 2022

And it’s still very much a relationship-driven business: borrowers want to speak to local loan officers when starting the process of getting a loan, which is why firms are hiring LOs, recruiters and mortgage lending executives said. Motto Mortgage is hiring business development consultants. Bank is hiring LOs in New Jersey and Oregon.

Mortgage 476

Mortgage Brokerage Retail Business 476

Appraisal Buzz

OCTOBER 28, 2024

She has served as president of Lennar Mortgage, the mortgage lending subsidiary of Lennar Corp., In 2004, she was promoted to senior vice president, managing the Eastern region; and in 2016, she became executive vice president, overseeing operations and production of the company’s builder division. since 2018.

Mortgage 195

Mortgage Real Estate Training Finance 195

Housing Wire

DECEMBER 16, 2021

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. A $175 million investment from private holding company StoicLane in October would be used to grow operations and refine and develop new technologies. 375% below the market.”

Mortgage 370

Mortgage Loan Officers Retail Training 370

Housing Wire

MAY 24, 2022

Think about your lending business model. 2015 2016 2017 2018 2019 2020 2021 Personnel 4,699 4,802 5,347 5,524 5,094 5,272 5,866 Total Cost to Produce 7,046 7,208 8,083 8,278 7,578 7,535 8,565 Compensation % 67% 67% 66% 67% 67% 70% 68%. We are not auditors or coders dispensing products or advice about lending.

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Business Technology Lending Housing Market 418

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

NOVEMBER 3, 2023

Merle Whitehead, who in 2016 sold his brokerage RealtyUSA to Howard Hanna Real Estate Services , “years ago, worked diligently to increase the share of buyers who were under contract to work with his agents,” says Murray. I was just too busy building the company, selling real estate and developing properties.”

Real Estate 345

Real Estate Brokerage Property Management Buyers 345

Appraisal Buzz

JULY 15, 2024

The International Monetary Fund (IMF) conducted a study that found that between 1963 and 2016, the contiguous 48 states of the United States warmed more than the world average. This finding lends credence to the assertion. government. What can be done about it is the question at hand.

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Government Insurance Real Estate Construction 195

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. Xcel Energy building constructed in 2016 totaling 222,000 square feet sold for close to $500/SF with a mid-5.5% Midway Field, with Allianz Field development. Riches are in the nices! billion from $2.0

Real Estate 78

Real Estate Tenants Retail Valuation 78

Appraisal Today

MARCH 15, 2024

It involves analyzing data collected in mass quantities, developing statistics from the data, and applying the results to value properties. In previous downturns, such as during the 2008 recession, there were many foreclosures due to bad lending. This kept appraisers busy. There have been very few foreclosures for the current downturn.

Appraisal 70

Appraisal Inspection Modernization Business 70

Housing Wire

APRIL 13, 2022

But that engine could stall if action isn’t taken to increase the supply of affordable housing and expand opportunities for lending to underserved families. Since 2016, legal immigration growth has declined by 40%. Incentivizing developers is necessary. Committing non-bank lending institutions. of GDP in 2020.

Insurance 397

Insurance Construction Government Lending 397

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. A top-20 U.S. The $12 million penalty will go to the CFPB’s victims relief fund.

Law 476

Law Mortgage Loan Officers Lending 476

Will Springer Realtor

SEPTEMBER 8, 2021

It is developing several single-family and multifamily communities in King and Snohomish counties. “Family friendliness” remains a prime focus for developers of master-planned communities, but a new survey indicates health & wellness amenities are becoming increasingly important. in the last 12 months. LIFESTYLE CHANGE.

Construction 36

Construction Inventory Buyers Real Estate 36

Appraisal Today

NOVEMBER 20, 2022

Unfortunately, because many appraisals were rarely rejected or required corrections, appraisers developed the false notion that poorly crafted appraisals were okay to turn in. FNMA indicates that their 2022 lending volume is down 47% from 2021 and is expected to drop by another 50% in 2023. What’s happening now.

Appraisal 52

Appraisal Real Estate Agent Real Estate Contracts 52

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. In February , Freddie Mac, with an equity market capitalization around $7.2

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Finance Investing Government Lending 335

Clear Capital

SEPTEMBER 29, 2021

” This has been a very hot and important topic within the lending space for the last year or so, we’ve talked about it on this podcast before Kenon. And then that triggered a whole series of developments for us. My professional background is out of finance and lending. They contributed to buy the home in cash for us.

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Sellers Agents Real Estate Appraisal 67

Housing Wire

AUGUST 22, 2023

Regarding third-party providers, the associations suggest that the CFPB expand its Compliance Bulletin 2016-02, Service Providers to outline expectations and potential recourse “for quality control and fair lending oversight” of third-parties providing AVMs services.

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Valuation Appraisal Government Real Estate 370