Housing Wire

JANUARY 8, 2025

Heading into the 2025 housing market, we havent had this many homeowners with mortgage rates over 6% since 2016. of outstanding mortgages, around 8.7 million borrowers, carry a mortgage with an interest rate over 6%. had these cheap mortgages. People with expensive mortgages are more likely to sell their house.

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Mortgage Inventory Finance Sellers 488

Housing Wire

JULY 25, 2024

1, 2025, for FHA-insured forward mortgages and Home Equity Conversion Mortgages (HECMs). It also applies to HECM loans, otherwise known as reverse mortgages under the FHA-sponsored program. The moratorium, initially scheduled to expire on May 6 after a previous extension, was pushed into August earlier this year.

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Insurance Development Mortgage 448

Housing Wire

NOVEMBER 26, 2024

The limit for federally backed reverse mortgages is increasing for the ninth consecutive year. The Federal Housing Administration (FHA) announced on Tuesday via Mortgagee Letter (ML) 2024-22 a maximum claim amount of $1,209,750 in 2025. 1, 2025, through Dec. This is a developing story. compared to third-quarter 2023.

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Lending Insurance Development Finance 370

Housing Wire

OCTOBER 11, 2023

loanDepot ‘ s CEO and president Frank Martell said the mortgage market will remain challenging in 2024. To get there, Martell said loanDepot is still committed to its Vision 2025 plan, announced three months following his arrival to the company last year. Martel spoke during the HW Annual Conference held from Oct. on Wednesday.

Investing 459

Investing Valuation Marketing Mortgage 459

Appraisal Buzz

NOVEMBER 26, 2024

Regulatory Developments: Key updates on policy changes and new regulations affecting industry compliance and operations. Stone discussed challenges in the real estate and mortgage sectors, emphasizing operational efficiency and preparedness in light of regulatory changes, housing supply concerns, and evolving market dynamics.

Real Estate 367

Real Estate Insurance Tenants Housing Market 367

Housing Wire

NOVEMBER 29, 2024

The Federal Housing Administration (FHA) announced this week that the Home Equity Conversion Mortgage ( HECM ) limit for 2025 will be $1,209,750. The HECM limit is unique when compared to FHA limits that govern Title II forward mortgage lending programs. But seniors hold onto a large portion of the nation’s housing wealth.

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Mortgage Insurance Home Value Local Properties 368

Housing Wire

DECEMBER 4, 2024

I think 2025 is going to be another major growth year for us,” Poleg said. Going into 2025, we are remembering the fact that this company was built in order to constantly provide value for agents,” Poleg said. Real owns mortgage and title companies, and in 2025, Poleg said he hopes to drive increased attach rates.

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Brokerage Agents Technology Clients 397

Appraisal Buzz

DECEMBER 13, 2024

The National Association of Realtors (NAR) has announced 10 top hot spots for the 2025 housing market based on economic, demographic and housing factors predicted to significantly impact local markets. All areas offer a favorable financing environmenteither with lower proportions of locked-in homeowners or lower mortgage rates.

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Inventory Bracketing Buyers Housing Market 370

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 447

Mortgage Technology Investors Modernization 447

Housing Wire

JANUARY 7, 2025

housing market was relatively slow in 2024, experts say the luxury sector was an outlier and they are anticipating even stronger conditions in 2025. According to The Trend Report released Monday by Coldwell Banker s Global Luxury program, the brands luxury property specialists expect more luxury buyers to reenter the market in 2025.

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Housing Market Luxury Properties Marketing Design 334

Housing Wire

OCTOBER 25, 2024

TD: There will be an uptick throughout the rest of 2024 and into 2025 due to a deficit of 5-7 million homes. We have access to and business purpose financing with loan amounts up to $10 million for builders, developers and experienced real estate investors. This will allow them to serve investors, builders and developers.

Investors 448

Investors Construction Training Realtors 448

Housing Wire

JULY 23, 2024

Mortgage rates continue to move lower this week even as higher borrowing costs have kept activity subdued across many areas of the housing market. Department of Housing and Urban Development (HUD) showed that housing starts shrank 4.4% Fannie also upwardly revised its forecast for purchase mortgage origination volume to $1.22

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Mortgage Real Estate Agent Finance Buyers 511

Housing Wire

JUNE 17, 2024

loanDepot has promoted Viviana Abarca, who has worked for the mortgage lender for the past 11 years, to managing director of mortgage lending operations. billion in mortgages, down from $5.3 billion in mortgages, down from $5.3 billion in the previous quarter. billion in the previous quarter.

Lending 448

Lending Mortgage Tools Development 448

Housing Wire

SEPTEMBER 11, 2024

ICE Mortgage Technology will be sunsetting legacy integrations for its flagship Encompass platform by Oct. 31, 2025, which will modernize the mortgage market even if some vendors have to go kicking and screaming. and Mortgage Automation Technologies (which is not SDK-based).

Mortgage 459

Mortgage Technology Modernization Development 459

Housing Wire

DECEMBER 16, 2024

The family-run brokerage firm recorded some legal w ins and losses , developed new tools for agents and clients , and navigated one of the slowest years for home sales in nearly three decades. In 2025 and beyond, Hanna said he hopes these innovations lead to more growth.

Real Estate 370

Real Estate Brokerage Agents Buyers 370

Appraisal Buzz

JANUARY 10, 2025

This article originally appeared in the January 2025 edition of MortgagePoint magazine, online now. In the modern mortgage industry, lenders are not just setting themselves apart on who has the best Super Bowl ad or the biggest branch footprint, but increasingly also on their approach to technology.

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Architecture Mortgage Technology Modernization 397

Housing Wire

DECEMBER 12, 2024

Institutional sellers at distressed property auctions have gradually lowered pricing over the last six months as rising retail inventory and stubbornly high mortgage rates act as twin headwinds for buyers purchasing at these auctions. 26, 2025 and hear Daren Blomquist in person.

Housing Market 370

Housing Market Retail Marketing Sellers 370

Housing Wire

SEPTEMBER 4, 2024

The Federal Housing Administration (FHA) on Wednesday published Mortgagee Letter (ML) 2024-18 , which implements updates to debenture interest rates and reimbursements for Home Equity Conversion Mortgage ( HECM ) program claims proposed in July. 2, 2025, and will be available through July 1, 2025.

Mortgage 459

Mortgage Legal Development Insurance 459

Housing Wire

SEPTEMBER 30, 2024

They discuss the latest developments in the mortgage market, along with key dynamics and growth strategies for lenders as interest rates continue to fall. Collins immediately kicks off the conversation by diving into the current state of the mortgage industry.

Mortgage 459

Mortgage Marketing Technology Business 459

Housing Wire

DECEMBER 16, 2024

billion acquisition of Black Knight, ICE now commands a roughly 70% share of the mortgage technology market, so whatever it does affects the entire industry. 1, 2025, and, come May 1, 2026 , those who insist on clinging to the SDK will do so under a modest monthly fee schedule. Following its $11.9 Theres nowhere for Luddites to hide.

Mortgage 358

Mortgage Clients Technology Tools 358

Appraisal Buzz

DECEMBER 16, 2024

As the new year draws near, Fannie Mae anticipates that many of the housing trends from 2024 will persist in 2025, with the lock-in effect of mortgage rates and housing affordability continuing to be major obstacles for countless Americans. In 2025, economists predict that the average mortgage rate will continue to be higher than 6%.

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Inventory Construction Housing Market Mortgage 284

Housing Wire

JULY 24, 2024

Reverse mortgage industry veteran George Morales has been appointed as the new chairperson of the dedicated reverse mortgage development workgroup (DWG) inside the Mortgage Industry Standards Maintenance Organization.

Mortgage 459

Mortgage Development Lending 459

Appraisal Buzz

NOVEMBER 13, 2024

The mortgage servicing landscape has long been a crucible of change, where today’s decisions lay the groundwork for the industry’s future. Formed in 2023, the MSEA is a platform for nurturing the next generation of mortgage leaders. Here’s what our panel of mortgage servicing executives had to share.

Mortgage 410

Mortgage Technology Clients Tools 410

Housing Wire

JANUARY 12, 2025

During the 10-minute conversation, Pieklo explores his new focus on developing AFR’s wholesale lending strategy, the competitive landscape of the mortgage market, and the company’s unique approach to differentiating itself from other big names in the wholesale space. This interview has been edited for length and clarity.

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Marketing Mortgage Retail Lending 304

Housing Wire

OCTOBER 15, 2024

The Mortgage Industry Standards Maintenance Organization (MISMO) is targeting January 2025 as the release window for reverse mortgage standards from its work group that is analyzing and developing the standards, according to a statement released Tuesday by Mortgage Cadence.

Mortgage 435

Mortgage Lending Development Design 435

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. A third do not expect a jump in refinance activity in the near future, whereas nearly three out of five forecast a refinance boom in 2025.

Mortgage 396

Mortgage Business Technology Development 396

Housing Wire

OCTOBER 28, 2024

The Mortgage Industry Standards Maintenance Organization (MISMO)’s dedicated reverse mortgage development work group is targeting January 2025 as the release window for reverse mortgage standards it is helping to develop. But now, there is more specific work on language, he explained.

Mortgage 447

Mortgage Lending Modernization Development 447

Housing Wire

MARCH 12, 2024

The White House this week submitted its fiscal year 2025 budget proposal to the House of Representatives and the Senate , outlining the priorities of the administration in providing a budgetary blueprint for the entirety of the U.S. Total loan volume projected for all MMI programs for 2025 is $237.9 federal government.

Mortgage 458

Mortgage Insurance Training Government 458

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 439

Mortgage Finance Real Estate Best Value 439

Housing Wire

NOVEMBER 25, 2024

In this HousingWire executive conversation, Chris Kennedy , Director of Sales and Business Development at RiskSpan , explores the key recapture strategies that lenders can follow to maximize profit in the 2025 real estate market. It’s the quintessential function of a mortgage servicer.

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Tools Real Estate Investors Mortgage 369

Housing Wire

JUNE 25, 2024

The Mortgage Bankers Association (MBA) this week submitted a letter to congressional leaders in the U.S. Senate , urging them to endorse full funding for Ginnie Mae in order to ensure maximum liquidity for the government-backed corporation’s mortgage-backed securities (MBS) issuers. House of Representatives and U.S.

Mortgage 393

Mortgage Government Development Realtors 393

Housing Wire

FEBRUARY 21, 2024

Department of Housing and Urban Development (HUD) on Wednesday issued a mortgagee letter that implements the Federal Housing Administration ’s (FHA) payment supplement partial claim. Gordon also announced that the FHA is extending the current temporary waterfall into 2025. million COVID-19 loss-mitigation actions.

Renovations 459

Renovations Mortgage Design Development 459

Housing Wire

DECEMBER 28, 2024

The most positive development in the housing market over 2024 has been the increase in active housing inventory , which is approaching the levels seen in 2019. Now, as we look ahead to 2025, the market is in a much better position if mortgage rates fall toward 6%, something that wasnt the case before.

Inventory 514

Inventory Housing Market Marketing New Listings 514

Appraisal Buzz

OCTOBER 28, 2024

Total mortgage origination volume is forecast to increase to $2.3 trillion in 2025, up 28% from the $1.79 trillion expected in 2024, according to the Mortgage Bankers Association (MBA). By loan count, total mortgage origination volume is expected to increase to 6.5 We are bullish about the spring 2025 housing market.

Mortgage 195

Mortgage Inventory Housing Market Development 195

Housing Wire

NOVEMBER 25, 2024

Required under separate regulatory frameworks, the FHFA submitted the plans as part of the 2025-2027 Duty to Serve (DTS) requirements and the 2025-2027 Equitable Housing Finance Plans (EHFPs). And Fannie Mae “will focus on enabling rural Community Development Financial Institutions to access secondary markets,” the FHFA explained.

Development 448

Development Government Finance Design 448

Housing Wire

DECEMBER 5, 2024

Like the Compass-backed OriginPoint , @properties also has a mortgage joint venture with Chicago-based Rate Proper Rate which Golod said will help to strengthen Compass mortgage offerings. According to Golod, this is a message the company plans to continue to spread in 2025.

Real Estate 370

Real Estate Sellers Agents Business 370

Housing Wire

AUGUST 2, 2024

The Federal Housing Administration (FHA) announced on Friday that it has published a final rule in the Federal Register opening up communications between mortgage lenders and defaulted borrowers to remote and electronic methods. 1, 2025. The final rule is scheduled to go into effect on Jan.

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Modernization Design Tools Mortgage 466