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

JANUARY 15, 2021

SoFi co-founder Mike Cagney’s latest digital mortgage operation Figure Lending closed on a $100 million funding facility from JPMorgan Chase this week. In a statement, Figure said the $100 million loan facility represents another push toward growth in mortgage lending. How 2020 continues to impact mortgage closings.

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Lending Technology Finance Insurance 286

Housing Wire

APRIL 2, 2021

White label title insurance franchise Proliant Settlement Systems announced Friday the acquisition of Great Northern Title Insurance Agency (GNTIA) in Michigan as a franchisee. ” This was appealing to GNTIA owner Neville Nofar, who also counts Great Northern Tax and Great Northern Insurance Agency as part of his portfolio.

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Insurance Agents Training Valuation 273

Housing Wire

DECEMBER 29, 2021

One of our big goals at Blueprint Title is to shrink the title insurance business from an $18 billion business to a $10 billion business,” Berneman, the company co-founder and CEO. “We share of the market controlled by small, independent title insurance companies. of the market, should be too concerned about the rise of the little guy.

Insurance 351

Insurance Real Estate Technology Business 351

Housing Wire

OCTOBER 12, 2021

At each stage of the buying process, there are multiple siloed transactions, from appraisals, inspections and settlements to mortgage payments and homeowners’ insurance. Digitalization in the home lending industry does not always require companies to entirely invent new technology solutions. However, it’s important.

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Lending Technology Investing Loan Officers 328

Housing Wire

OCTOBER 25, 2024

However, this era is ending, leading to an expected increase in mortgage lending and an uptick in RMBS issuance, especially in H1 2025. Louis Fed , new business applications have exploded since the COVID-19 pandemic in 2020, roughly doubling and remaining elevated ever since. For insurance companies, this is the non-QM space.

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Supply Chain Investors Insurance Lending 436

Housing Wire

FEBRUARY 24, 2021

Successful agents, brokerages and loan officers of the future are going to rely significantly on technology to find, nurture and engage with buyers and sellers while also playing an expanding role as personal advisors in all things related to mortgage, insurance, moving, renovating and new home transitioning.

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Real Estate Agent Real Estate Agents Loan Officers 297

Housing Wire

JANUARY 3, 2022

As a result, 77% of counties included in the report have now been labeled as less affordable by ATTOM, up from 39% of counties in the fourth quarter of 2020. The data vendor also noted that in the third quarter of 2021 , 428 counties from the same data set were labeled as less affordable, up from 224 counties in the fourth quarter of 2020.

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Property Taxes Lending Housing Market Insurance 535

Housing Wire

SEPTEMBER 8, 2022

Founded in 2020, Truv covers more than 120 million Americans via 50 integrations with payroll providers and more than 2,000 customer-built connections to specific employers, according to the firm’s website. Xactus is comprised of the merged family of companies that includes Credit Plus, DataFacts Lending Solutions and MassiveCert.

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Lending Insurance Real Estate Mortgage 393

Housing Wire

DECEMBER 1, 2021

In June 2020, a federal grand jury returned indictments charging McCord with having defrauded mortgage lenders Spirit Bank and Citizens State Bank , as well as Fannie Mae and others over the course of three years. As the housing market changes, so does lending fraud. Presented by: First American Data & Analytics.

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Mortgage Insurance Lending Government 533

Housing Wire

OCTOBER 25, 2021

“Omitting non-depository lenders, who currently hold a substantial portion of the mortgage lending market, from CRA monitoring leaves communities vulnerable to fair lending abuses in the New York State residential loan market,” the bill states. The key to implementing non-QM products.

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Law Lending Insurance Mortgage 458

Housing Wire

JUNE 8, 2021

Regions Bank is looking to make a big dent in the home improvement lending space , striking a deal to acquire EnerBank USA for $960 million in cash. EnerBank funds most of its loans on its balance sheet through FDIC -insured brokered CDs; it also charges fees to the contractors. billion in volume in 2020.

Renovations 384

Renovations Home Improvement Marketing Finance 384

Housing Wire

NOVEMBER 11, 2021

The Title I program insures mortgage loans made by private lending institutions to finance the purchase of a new or used manufactured home.). With renewed attention towards the manufactured housing space, the FHA moved this week to provide updated guidance to its Title I loan program, making it easier to understand and use for lenders.

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Finance Valuation Insurance Lending 476

Housing Wire

MARCH 9, 2022

banks, lenders, credit unions, insurers and securities firms. What are the building blocks of digital lending? In late 2020, Wolters Kluwer GRC acquired cloud-based digital lending software firm eOriginal for about $280 million. Presented by: Wolters Kluwer. Presented by: Wolters Kluwer.

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Lending Government Law Insurance 348

Housing Wire

JULY 21, 2023

Citywide Home Loans , a Utah-based mortgage lending company, agreed to settle a $1.2 million class action lawsuit to resolve claims surrounding a 2020 data breach. The news was first reported by legal website Top Class Action.

Legal 339

Legal Technology Insurance Lending 339

Housing Wire

MARCH 17, 2023

The company debuted in August 2020 with a mission to automate much of the underwriting process when making income, asset and lending decisions. The company had plans to develop automated appraisals as well as title insurance processes. In August 2021, Candor raised $12.5 million in Series A funding, led by Arthur Ventures.

Mortgage 335

Mortgage Technology Clients Development 335

Housing Wire

NOVEMBER 3, 2021

The brokerage on Wednesday also announced that the launch of its residential lending joint venture Success Lending with Kind Lending, LLC has been approved in Colorado, Illinois and Tennessee. by transaction volume in 2020 with $72.2 Residential transaction volume also rose to $46.6

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Brokerage Lending Realty Loan Officers 345

Housing Wire

MARCH 10, 2022

In 2020, about 4% of Fannie Mae-acquired purchase loans went to Black borrowers. Mark Palim, Fannie Mae deputy chief economist, said that he preferred not to “speculate” on “alternative borrower” profiles, and that the credit score in the profile is drawn from only those loans that were delivered to Fannie Mae in 2020. “If

Property Taxes 425

Property Taxes Lending Insurance Local Properties 425

Housing Wire

DECEMBER 14, 2022

Mortgage Insurers (USMI), the association that represents the nation’s leading private mortgage insurance companies, announced on Wednesday that it has named Seth Appleton, current president of the Mortgage Industry Standards Maintenance Organization (MISMO), as USMI’s new president.

Insurance 375

Insurance Finance Inventory Mortgage 375

Housing Wire

AUGUST 23, 2023

Since the deal announcement, Better’s employment count dropped from 11,000 employees in 2020 to 950 workers as of June 2023. It also dealt with the bad press after Garg laid off employees via Zoom in December 2020. For things like homeowner’s insurance , title insurance, and realtors, we’ve now just become a marketplace.

Finance 363

Finance Insurance Mortgage Realtors 363

Housing Wire

AUGUST 24, 2023

Since the deal announcement, Better’s employment count nosedived to 950 workers in June 2023 from 11,000 employees in 2020. Better dealt with the bad press after Vishal Garg, Better’s founder and CEO, laid off employees via Zoom in December 2020. The company posted a loss of $89.9

Insurance 368

Insurance Mortgage Realtors Business 368

Housing Wire

MARCH 17, 2021

WFG Title Insurance will now offer forbearance, loan modification, and foreclosure information reports as part of its general title and closing services. WFG reported its highest volume months ever during the second and third quarters of 2020.

Real Estate Agent 363

Real Estate Agent Clients Real Estate Insurance 363

Housing Wire

JULY 28, 2022

Xactus will add flood services to its list of verification solutions with the acquisition of MassiveCert , a software company that provides flood zone determinations for insurance, lending and real estate. Up until now, Xactus obtained data from third parties. Servicers, are you prepared for hurricane season?

Insurance 324

Insurance Clients Modernization Technology 324

Housing Wire

JUNE 2, 2023

District Court for the Eastern District of Pennsylvania , ESSA “failed to provide mortgage lending services and did not serve the credit needs of majority-Black and Hispanic neighborhoods in the Philadelphia metropolitan area” from 2017 to 2021. According to a complaint filed by DOJ in the U.S.

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Lending Advertising Design Loan Officers 302

Housing Wire

MARCH 31, 2021

In March 2020, the CFPB announced it would no longer require certain lenders to report quarterly information under HMDA, however, now the agency is instructing all financial institutions to do so beginning with their 2021 first-quarter data due by May 31. .” How servicers can stay ahead of Biden’s potential regulatory changes.

Insurance 435

Insurance Appraisal Lending Development 435

Housing Wire

SEPTEMBER 17, 2024

“There’s been an explosion in high-DTI lending since I left FHFA,” he said, pointing to the fact that some Federal Housing Administration (FHA) borrowers have a 57% debt-to-income ratio. When you start to see a world where homeowners insurance and property taxes all go up, we’ve got borrowers hovering around a 50% DTI.

Property Taxes 375

Property Taxes Government Legal Insurance 375

Housing Wire

FEBRUARY 10, 2022

The company’s total revenue for 2021 was up 30% from 2020 to a record of $9.2 billion in revenue from its title insurance and services segments, a 13% year-over-year increase. In January 2021, we opened 2,000 purchase orders per day, a 9% increase relative to January of 2020,” DeGiorgio said during the call. billion, with $2.4

Insurance 390

Insurance Investing Inventory Business 390

Housing Wire

AUGUST 31, 2022

Starting out with a combination of credit reporting companies CIS Credit Solutions and Avantus in 2020, the company moved into the appraisal technology business the following year and rebranded to Xactus in March 2022. .

Modernization 370

Modernization Technology Clients Insurance 370

Appraisal Buzz

AUGUST 27, 2024

As a Bank leader since 2010, and COO since January 2020, Paulson has worked closely with Watson to advance FHLBank’s mission. FHLBank products and resources help support community lending, housing, and economic development.

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Investing Development Insurance Government 221

Housing Wire

SEPTEMBER 30, 2021

Our solution prioritizes the borrower experience and promotes a “self-cure” to insurance resolution with a multi-channel campaign that includes both digital and print touchpoints with consumers. RPA has been a necessity due to minimal in-person interactions during the pandemic in 2020 and has continued in 2021.

Insurance 290

Insurance Lending Modernization Clients 290

Housing Wire

SEPTEMBER 28, 2021

The Plano, Texas-headquartered Ebby Halliday is a subsidiary of the mighty HomeServices of America , the most prolific real estate brokerage in the country by number of sales in 2020 , according to RealTrends. This content is exclusively for HW+ members. Start an HW+ Membership now for less than $1 a day.

Real Estate 431

Real Estate Brokerage Mortgage Insurance 431

Housing Wire

MAY 26, 2021

AmeriHome purchased approximately $65 billion in conventional conforming and government-insured originations in 2020. Texas Capital’s correspondent lending business originated approximately $2.4 billion of volume in the fourth quarter, slightly less than Ocwen’s correspondent lending arm during the same period.

Lending 417

Lending Mortgage Insurance Government 417

Housing Wire

JUNE 1, 2021

This year’s class of Rising Stars matches the recording-breaking and unparalleled year that the housing industry experienced in 2020. Genworth Mortgage Insurance. EVP, Retail Lending. Supreme Lending. VP, Lending Support. ICE Mortgage Technology. Madisyn Rhone. Manager, Government & Industry Relations.

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Retail Lending Loan Officers Finance 416

Housing Wire

AUGUST 16, 2022

s mortgage business has been the subject of industry speculation in the wake of a Bloomberg report indicating that the lending giant plans to shrink its enormous mortgage footprint , including a likely pull-back from the correspondent lending business. billion at the end of 2020, a year after CEO Scharf’s arrival, and $648.4

Mortgage 368

Mortgage Lending Business Insurance 368

Housing Wire

JANUARY 19, 2022

The Financial Crimes Enforcement Network , or FinCEN, is floating a proposed anti-money laundering rule that could impose reporting mandates on a broad swath of professionals in the residential real estate market, including real estate agents, brokers, attorneys, title insurance companies and settlement agents. The agency also pointed to U.S.

Real Estate Agent 466

Real Estate Agent Real Estate Agents Insurance 466

Housing Wire

AUGUST 20, 2021

Yes, 2020 gave certain sectors a tail-wind but nonetheless these companies all had to manage through uncertainty while growing at breakneck speeds. And Nationwide Mortgage Bankers posted an insane average three-year growth rate of 16,396% in 2020. 2020 total volume for refinances and purchase mortgages totaled $3.83 5000 map.”.

Real Estate 476

Real Estate Realty Brokerage Mortgage 476

Housing Wire

OCTOBER 16, 2024

The latest report, which examined program data from 2010 to 2020, found no meaningful change in neighborhood poverty for program participants,” the report explained. Notably, nearly half (45%) of FHA-backed mortgages are issued to homeowners in census tracts where 75 percent or more of the residents are white.”

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Tenants Investing Housing Market Mortgage 458