Housing Wire

NOVEMBER 30, 2020

Paul Anastos has been on the forefront of innovation within the housing industry for over a decade, specializing in developing technology solutions and transforming businesses into industry powerhouses. The post 2020 HW Tech Trendsetter: Paul Anastos appeared first on HousingWire.

Loan Officers 338

Loan Officers Real Estate Agent Technology Development 338

Housing Wire

DECEMBER 1, 2020

She is responsible for the technology delivery and strategic development of Fannie Mae’s trading, conduit, pricing and structured transactions technology platforms. These systems support Capital Markets and Treasury in providing liquidity to the mortgage market, raising funds for the company and handling the enterprise’s cash transactions.

Technology 384

Technology Development Business Marketing 384

Housing Wire

SEPTEMBER 30, 2020

Robert D’Urbano, Chief Information Officer, Freedom Mortgage Corporation. Robert D’Urbano joined Freedom Mortgage in 2005 and guides the development of system improvements and assuring operational readiness of all corporate systems. In June, Freedom Mortgage originated more than $11 billion in loans.

Technology 288

Technology Development Design Mortgage 288

Housing Wire

JANUARY 22, 2024

Customer intelligence and mortgage tech firm Polly named Troy Coggiola as its chief operating officer amid the company’s effort to scale. He has more than 25 years of mortgage technology and enterprise software experience with his latest stint being chief product officer at Accela , a government tech provider.

Technology 441

Technology Mortgage Loan Officers Clients 441

Housing Wire

SEPTEMBER 30, 2020

Tony Thompson, Founder and CEO, National Association of Minority Mortgage Bankers of America. Under Thompson’s leadership, NAMMBA launched an initiative called “Mission 2025” in which the company will connect with 50,000 students to bring them into the mortgage profession. It will seek more Millennials, minorities, and women.

Development 274

Development Design Real Estate Business 274

Housing Wire

APRIL 29, 2024

The attorney general of Michigan has re-released a consumer alert about the reverse mortgage product category during financial literacy month. A reverse mortgage is a type of home equity loan extended, in most cases, to those who are 62 years of age or older,” the announcement stated.

Mortgage 448

Mortgage Property Taxes Insurance Design 448

Housing Wire

MAY 15, 2024

This is an excerpt of a HousingWire Research report titled: What Everyone Needs to Know about Mortgage Rate Lock-in, by Altos President Mike Simonsen. housing market saw dramatic changes in affordability as mortgage rates skyrocketed 500 basis points. million in January 2021 (when mortgage rates were 2.7%) fell to 3.9

Mortgage 458

Mortgage New Listings Inventory Sellers 458

Housing Wire

DECEMBER 1, 2020

Now leading Clear Capital’s mortgage collateral modernization programs, Allen is reimagining and re-engineering how home valuations are manufactured and partnering with major lenders and GSEs to bring greater efficiency and speed to the consumer. The post 2020 HW Tech Trendsetter: Jeff Allen appeared first on HousingWire.

Valuation 342

Valuation Real Estate Modernization Appraisal Process 342

Housing Wire

MAY 20, 2024

According to Todman, the industry has been asking for years for HUD to be helpful on assumable mortgages, which “is a complex transaction that she has “come to understand that sometimes the juice is not worth the squeeze.” ” There was a “hue and cry,” Todman said. .

Mortgage 463

Mortgage Modernization Housing Market Finance 463

Housing Wire

NOVEMBER 30, 2020

For the last two years, Campbell has worked to select, implement and adopt more than 14 technologies for an end-to-end digital mortgage solution including an MOS, POS, and COS, collaborative operating system for BI data across all tools. Campbell quickley recognized the growing adoption of an online mortgage in the consumer market.

Technology 301

Technology Tools Clients Development 301

Housing Wire

SEPTEMBER 25, 2024

Applicants hoping to get a mortgage job in 2024. After cutting to the bone over the past three years, several large mortgage lenders are beginning to ramp up hiring. The data includes employees at parent companies and subsidiaries, in mortgage lending, servicing and other activities.) Image created by AI in Midjourney.)

Mortgage 458

Mortgage Loan Officers Retail Training 458

Appraisal Buzz

JULY 10, 2024

In the most recent Fannie Mae Mortgage Lender Sentiment Survey (MLSS), mortgage lenders listed “cost-cutting” and “talent management and leadership” as their two top business objectives for 2024. Lenders still see the two largest threats to industry growth—a short supply of housing and rising mortgage rates—as they did last year.

Mortgage 396

Mortgage Business Technology Development 396

Housing Wire

DECEMBER 1, 2020

LBA Ware founder and CEO Lori Brewer is an accomplished entrepreneur and technology leader, having dedicated her career to developing innovative business process optimization tools for mortgage lenders. The post 2020 HW Tech Trendsetter: Lori Brewer appeared first on HousingWire.

Technology 226

Technology Tools Business Development 226

Housing Wire

OCTOBER 24, 2024

Weaker demand from the local community developers buying at auction suggests continued weakness in the retail housing market into early 2025 given that those local community developers are anticipating retail market conditions about six months into the future,” Daren Blomquist, vice president of market economics at Auction.com, said in a statement.

Housing Market 482

Housing Market Marketing Retail Development 482

Housing Wire

DECEMBER 22, 2020

Retail lender Movement Mortgage has invested $200 million to expand its nonprofit Movement Foundation , and to accelerate the development of its growing charter school network. Movement Foundation uses dividends from the mortgage company for affordable housing and related projects to support community stability through homeownership.

Investing 418

Investing Mortgage Development Retail 418

Housing Wire

MARCH 17, 2023

a mortgage artificial intelligence firm focused on automated mortgage underwriting decisions, has conducted layoffs as lenders rush to cut costs. Candor is executing a change in strategy to address the ever-changing mortgage market and to pivot along with client operations,” Tom Showalter, CEO of Candor , said in an e-mailed response.

Mortgage 369

Mortgage Technology Clients Development 369

Housing Wire

JUNE 13, 2024

The lawsuit stems from a 2022 Bloomberg investigation that found Wells Fargo was the only large bank to deny more Black applicants than it accepted in 2020 during the refinancing boom. The systems merely indicate whether an applicant’s mortgage would be eligible for purchase by Fannie or Freddie.

Mortgage 454

Mortgage Tools Development Business 454

Housing Wire

AUGUST 29, 2024

Richelle Hopkins of Mutual of Omaha Mortgage has been a reverse mortgage professional for 20 years, moving to Arizona in 2006. At a recent WIFS Phoenix event, Hopkins was able to bring a discussion about reverse mortgages to attendees and sat down with HousingWire ’s Reverse Mortgage Daily (RMD) to share details about the experience.

Finance 437

Finance Mortgage Real Estate Agent Insurance 437

Housing Wire

JUNE 10, 2024

Mortgage rate lock-in happens because even small changes in mortgage rates can make a big difference in costs. in April 2024 — with a 10% down payment, a typical mortgage would be approximately $350,000. For every 50 basis point change in mortgage rates, the monthly payment for this house would change by $112.In

Mortgage 464

Mortgage Inventory New Listings Sellers 464

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.

Insurance 370

Insurance Real Estate Technology Loan Officers 370

Housing Wire

MAY 5, 2021

Rocket Mortgage originated more than $100 billion in mortgages for yet another quarter, but profit margins are trending down. And the country’s largest mortgage lender expects a good-sized slowdown in the second quarter of 2021. billion, a dramatic increase from the $99 million in profit the first quarter of 2020.

Mortgage 448

Mortgage Real Estate Agent Real Estate Clients 448

Housing Wire

JUNE 18, 2024

Having built and led mortgage operations for nearly three decades, planning for the future stands out amongst the most challenging components a leader faces. Today’s consumer looks a lot like pre-pandemic First, how prepared are mortgage servicers for the next hardship cycle? Our history would indicate yes.

Mortgage 438

Mortgage Technology Investors Modernization 438

Housing Wire

OCTOBER 4, 2022

The shift from a refinance boom to a purchase market will leave some mortgage lenders and loan officers with only two options: “Consolidate or exit the business,” according to ​​Mary Ann McGarry, Guild Mortgage’s chief executive officer. “Think of 2020 and 2021.

Mortgage 435

Mortgage Retail Loan Officers Business 435

Housing Wire

JULY 16, 2024

The state of Montana may not be a key source of business for the reverse mortgage industry, but that doesn’t negate the reality that seniors who reside there might find the product useful for reaching some kind of financial goal. He joined the mortgage industry in 1990 and transitioned to the reverse channel in 2002.

Mortgage 433

Mortgage Easement Home Value Business 433

Housing Wire

APRIL 25, 2024

Photo credit: AJ Canaria Reverse mortgages became an unexpectedly prominent topic during certain parts of The Gathering by HousingWire , held earlier this week in Scottsdale, Arizona. Reverse mortgages for purchase are taking up more conversation on the reverse side of the business recently.

Mortgage 407

Mortgage Finance Real Estate Best Value 407

Housing Wire

MAY 10, 2024

The Consumer Financial Protection Bureau (CFPB) and Freedom Mortgage were handed minor setbacks by the presiding and magistrate judges, respectively, in a case that the regulator brought in widespread violations in its 2020 submission of Home Mortgage Disclosure Act (HMDA) data. The original case was filed in the U.S.

Mortgage 394

Mortgage Law Clients Development 394

Housing Wire

OCTOBER 28, 2021

The average 30-year-fixed mortgage rate continues to trend upwards, rising by five basis points to 3.14% for the week ending Oct. Mortgage rates are also rising, but purchase demand remains firm, showing that latent purchase demand exists among consumers,” he added. Treasury bonds and mortgage-backed securities.

Mortgage 497

Mortgage Development Business Marketing 497

Housing Wire

APRIL 13, 2022

Despite advances in technology, the mortgage industry still lacks efficiency. Mortgage executives are aware of a problem: despite billions of dollars in technology investments , the mortgage industry still largely looks like it did two decades ago. Bank Home Mortgage. But it’s a challenge.

Mortgage 435

Mortgage Technology Development Investing 435

Housing Wire

MARCH 24, 2022

The Federal Housing Administration insured thousands of mortgages in 2020 without the mandatory flood insurance coverage. billion, an audit released this week by the Department of Housing and Urban Development Office of Inspector General found. The potential loss on these loans could amount to $1.5 In doing so, “$1.5

Insurance 397

Insurance Mortgage Government Development 397

Appraisal Buzz

SEPTEMBER 9, 2024

The Federal Housing Finance Agency (FHFA) has released an online risk analysis tool that provides geographic estimates for physical risks from various types of natural disasters, as well as nationwide data on housing and the mortgage market. The dashboard utilizes data from three publicly available sources.

Tools 195

Tools Mortgage Finance Development 195

Housing Wire

NOVEMBER 27, 2023

Mortgage rates have pulled back in recent weeks giving consumers and loan originators some breathing room, but headwinds in the industry are far from over. Piper Sandler expects a drop in prepayment speeds to continue despite the near-term dip in mortgage rates, because very few borrowers have mortgage rates above current levels.

Mortgage 447

Mortgage Investing Government Real Estate 447

Housing Wire

MAY 15, 2024

From 2010 to 2024, the reverse mortgage industry sought to allow remote reverse mortgage counseling in the state of Massachusetts, citing an insufficient number of actual counselors and logistical challenges for senior clients. Sponsored primarily by then-Sen. Logistically difficult’ Industry reactions at the time were swift.

Logistics 457

Logistics Mortgage Law Business 457

Housing Wire

MAY 14, 2024

His responsibilities will include overseeing enhancements to the Empower loan origination system (LOS) and establishing Dark Matter’s developer community. Vikas has an impressive track record of success in driving digital innovation and API utilization in mortgage origination,” Dark Matter CEO Rich Gagliano said in a statement.

Technology 448

Technology Development Mortgage 448

Housing Wire

AUGUST 26, 2024

As the housing market continues to be marked by high mortgage rates and record-breaking home prices across many U.S. The median home sales price in late July was $412,300, a slight decrease from the previous three months, yet still 28% above the second quarter of 2020, according to data by the Federal Reserve Bank of St. In 2001,10.9

Marketing 459

Marketing Real Estate Agent Investors Tenants 459

Housing Wire

APRIL 13, 2023

San Francisco-based fintech Polly has hired Parvesh Sahi, a former executive from ICE Mortgage Technology , as chief revenue officer to scale the business in a highly competitive mortgage environment. Ellie Mae was acquired by Intercontinental Exchange (ICE) in September 2020.

Technology 304

Technology Mortgage Insurance Clients 304

Housing Wire

MAY 4, 2021

According to the report, in March 2021, consumers submitted more mortgage complaints to the CFPB than in any month since April 2018. Consumers also reported long delays in having their loan modified so that they could resume payments on the mortgage. As we warned mortgage servicers last month, unprepared is unacceptable.”.

Mortgage 476

Mortgage Government Investors Development 476

Housing Wire

APRIL 14, 2022

Consolidation in the mortgage industry is likely in 2022, analysts and lending executives said. Justin Woodward has experienced the best and the worst of the mortgage industry in only 18 months. “I had not done first mortgage lending before, but I was familiar with the basics of real estate lending.

Mortgage 526

Mortgage Marketing Retail Lending 526