Housing Wire

MARCH 11, 2025

The funding round was led by prior investors Ribbit Capital , DST Global and NFX along with new investor Progressive Insurance. Tomo, which was founded in 2020 by former Zillow executives Greg Schwartz and Carey Armstrong, has received a total of $130 million in funding to date.

Mortgage 360

Mortgage Investors Insurance Loan Officers 360

Housing Wire

OCTOBER 3, 2024

“It’s the fear of the unknown,” said McGrath, whose lending company is based in Florida. While rates are coming down and there will be more refi activity, it won’t be a full-fledged boom like 2020-2021. What keeps McGrath up at night? “Something needs to be done.” ”

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Insurance Technology Lending Business 433

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 Training Agents Valuation 379

Housing Wire

SEPTEMBER 27, 2022

It rebranded in summer of 2020. LemonBrew Technologies also has divisions for title insurance and homeowners insurance. Presented by: Acra Lending. The post The Real Brokerage to acquire LemonBrew Lending appeared first on HousingWire. How brokers can reach more and new borrowers with non-QM.

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Brokerage Lending Loan Officers Technology 370

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.

Real Estate 370

Real Estate Insurance Technology Loan Officers 370

Housing Wire

OCTOBER 3, 2024

“It’s the fear of the unknown,” said McGrath, whose lending company, Republic State Mortgage , has a presence in Florida. While rates are coming down and there will be more refinance activity, it won’t be a full-fledged boom like in 2020 and 2021. What keeps McGrath up at night? ”

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Insurance Technology Lending Business 363

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.

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Insurance Real Estate Technology Business 417

Housing Wire

FEBRUARY 20, 2025

Garg explained that Better utilized its marketplace lending model that includes 32 different investors across the mortgage landscape from real estate investment trusts and insurance companies to hedge funds, major correspondent lenders and the government-sponsored enterprises Fannie Mae and Freddie Mac. ” How is it so fast?

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Business Renovations Investors Market Value 332

Housing Wire

FEBRUARY 3, 2025

The combined cost of mortgages, taxes and insurance now takes up a larger share of household income than it has since the early 1980s, according to an affordability index from John Burns Research & Consulting. Together, FHA and VA loans represented 34% of the market, up from less than 30% in 2022 and the highest share since late 2020.

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Government Loan Officers Buyers Finance 431

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

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 544

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.

Real Estate Agent 369

Real Estate Agent Real Estate Agents Loan Officers 369

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 370

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 448

Renovations Home Improvement Marketing Finance 448

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 468

Appraisal Buzz

OCTOBER 23, 2024

Banks are not willing to lend as much money, and the interest rates on distressed properties are 10 percent,” wrote one survey respondent, explaining why he is bidding on fewer properties. The rate also declined during the quarter, hitting a nine-month low in September.

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Retail Marketing Inventory Buyers 370

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 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

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Property Taxes Lending Insurance Local Properties 459

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 397

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.

Lending 397

Lending Government Law Insurance 397

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

Brokerage 397

Brokerage Lending Realty Loan Officers 397

Housing Wire

MARCH 15, 2021

of households in current neighborhoods that were once designated undesirable for mortgage lending are non-white, compared with 40.4% of households in current neighborhoods that were labeled desirable for lending. And almost 90% of flood damage insurance payments in Chicago are made to households in communities of color, per Redfin.

Real Estate Agent 447

Real Estate Agent Lending Real Estate Design 447

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.

Appraisal 435

Appraisal Insurance Lending Development 435

Housing Wire

FEBRUARY 4, 2021

This would be a premium of 51% to CoreLogic’s unaffected share price as of June 25, 2020. Strategies lenders should adopt from direct to consumer lending. Join expert panelists to learn how the pandemic is ushering in a new era of digital lending and leading to the formation of a hybrid lending model. Sign up here.

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Legal Investors Lending Finance 482

Housing Wire

MARCH 30, 2021

The trade organization’s letter states: “We also are concerned that the Proposed Rule’s real purpose is to set the stage for the Bureau to reopen the 2020 General QM Rule. We firmly believe that reopening the 2020 General QM Rule would not be in the public interest. Presented by: Proctor Loan Protector. “As

Mortgage 476

Mortgage Insurance Lending Marketing 476

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 370

Real Estate Agent Clients Real Estate Insurance 370

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 448

Real Estate Brokerage Mortgage Insurance 448

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

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 418

Insurance Investing Inventory Business 418

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 368

Insurance Lending Modernization Clients 368

Housing Wire

MARCH 4, 2021

2021 is already shaping up to be a vastly different year than 2020 for the mortgage and real estate industry, and it’s not only because we’re entering a purchase market. They’ll also be measuring new legislation/regulation and possibly greater enforcement by various state departments of insurance, state bar associations and more.

Lending 448

Lending Law Loan Officers Clients 448

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.

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Lending Mortgage Insurance Government 418

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 468

Real Estate Agent Real Estate Agents Insurance 468

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 370

Insurance Clients Modernization Technology 370

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.

Retail 418

Retail Lending Loan Officers Finance 418

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 397

Insurance Finance Inventory Mortgage 397

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 370

Mortgage Technology Clients Development 370