Housing Wire

MARCH 31, 2025

Rocket Companies is buying Mr. Cooper , America’s largest mortgage servicer, in a market-shattering deal that could reshape the mortgage industry for years to come. trillion, spread across nearly 10 million clients. That’s one out of every six mortgages in America. billion , is paying an equity value of $9.4

Finance 468

Finance Clients Brokerage Mortgage 468

Housing Wire

FEBRUARY 1, 2025

Higher mortgage rates are forcing many first-time homebuyers to adopt a “wait-and-see” approach to the market. HomeLight is an Arizona -based real estate platform designed to connect agents with clients. HomeLight is an Arizona -based real estate platform designed to connect agents with clients. 30 and Nov.

Buyers 482

Buyers Real Estate Agent Mortgage Real Estate 482

Housing Wire

JANUARY 3, 2025

Reverse mortgage professionals made more inroads into the forward mortgage industry in 2024. This happened through dedicated conversations, partnerships between reverse and forward mortgage companies, and expanded activities in reverse that stemmed from acquisitions and expansions of existing divisions.

Mortgage 418

Mortgage Lending Loan Officers Training 418

Housing Wire

DECEMBER 9, 2024

The reverse mortgage division of Rate formerly known as Guaranteed Rate recently announced the hiring of reverse industry veteran Jesse Allen as the president for Rates reverse lending division as the company heads into 2025. Naturally, this includes reverse mortgages, he explained. That role is an active one, Allen said.

Mortgage 370

Mortgage Clients Lending Design 370

Housing Wire

JANUARY 22, 2025

and Rocket Mortgage of discrimination under the Fair Housing Act. This business model was not only misleading to the clients, but also to his credentialled appraisers on staff, the release stated. HUD and the DOJ charged Mykhailyna, his company, Maverick Appraisal Group , appraisal management company Solidifi U.S.

Appraisal 418

Appraisal Law Mortgage Real Estate 418

Housing Wire

NOVEMBER 21, 2024

Tim Nelson, a longtime reverse mortgage industry professional and reverse department manager at VIP Mortgage in Scottsdale, Arizona , spent 20 years in the home lending arena before shifting his focus entirely to reverse. Nelson is now a reverse mortgage borrower in addition to being an industry professional.

Mortgage 370

Mortgage Loan Officers Tools Lending 370

Housing Wire

DECEMBER 3, 2024

As the mortgage world continues to see rapid tech advancements, staying ahead of the curve requires more than just keeping up — it demands leading the way. Companies like CLARIFIRE — a multi-year Tech100 Mortgage honoree — that delivers advanced automation solutions to servicers. Click here to nominate a tech organization.

Mortgage 366

Mortgage Technology Real Estate Clients 366

Housing Wire

DECEMBER 27, 2024

Reverse mortgage business and mortgage business generally is not where people want it to be. That was a repeated idea shared by a group of reverse mortgage professionals when asked to assess what they see as the biggest industry challenges of the year. I think that’s true from an industry standpoint.

Mortgage 397

Mortgage Retail Lending Business 397

Housing Wire

MARCH 10, 2025

A reverse mortgage-related bill that was introduced in the Maryland state Senate that would have put the onus on lenders to cover some extra expenses tied to the Home Equity Conversion Mortgage ( HECM ) origination process has been withdrawn by the sponsoring senator after conversations with reverse mortgage industry representatives.

Mortgage 329

Mortgage Business Clients Investing 329

Housing Wire

FEBRUARY 6, 2025

Describing the modern-day mortgage market as challenging would be an understatement, to say the least. Mortgage interest rates have steadily ramped up throughout 2024. The average rate throughout 2024 for 30-year fixed mortgages was 6.72% higher than it was during the 2008 market crash.

Mortgage 343

Mortgage Training Construction Investors 343

Appraisal Buzz

MARCH 31, 2025

trillion across nearly 10 million clients, or one in every six mortgages in America. Servicing is a critical pillar of homeownershipalongside home search and mortgage origination, said Varun Krishna , Rocket CEO. We look forward to welcoming Mr. Coopers nearly seven million clients.

Clients 407

Clients Real Estate Finance Technology 407

Housing Wire

FEBRUARY 4, 2025

In February 2024, Sagent , a Warburg Pincus -backed fintech firm, announced the launch of its mortgage software platform, Dara. The six components here make up an entire end-to-end mortgage servicing platform. Dara Consumer focuses on the homeowners navigation of their mortgage. Whats next in the Dara playbook?

Mortgage 432

Mortgage Clients Tools Agents 432

Housing Wire

JANUARY 30, 2025

This was some of the perspective shared by Matt Cook, the director of business development at HomeTeam Inspection Service , who shared with HousingWire ‘s Reverse Mortgage Daily (RMD) how the growing number of older homeowners is impacting what he sees on a daily basis. Some feel like homes arent built like they used to be.

Inspection 322

Inspection Mortgage Construction Insurance 322

Housing Wire

MARCH 3, 2025

Introduction As part of our ongoing discussion on the concept of movement in the mortgage industry, it is readily apparent that the failure of mortgage companies to pivot or tweak their business models to satisfy changing market and other conditions has resulted in consolidation based on liquidity, buyback, financial and other concerns.

Mortgage 416

Mortgage Sellers Buyers Business 416

Housing Wire

JANUARY 10, 2025

Representatives from lenders and servicers, as well as individual originators, have told HousingWire s Reverse Mortgage Daily (RMD) that its imperative for borrowers to let their servicer know about anything that could impact the occupancy of their property due to the terms of Federal Housing Administration (FHA)-backed reverse mortgages.

Insurance 397

Insurance Mortgage Clients Finance 397

Housing Wire

NOVEMBER 13, 2024

In a new episode of “The Loan Officer Podcast,” host Dustin Owen chats with John Cornish of Iowa-based Key Mortgage Group about his path into the industry, tips for scaling a mortgage lending business and how to avoid stagnation as a loan originator. Cornish started his career in mortgage banking at Wells Fargo in Iowa in 2003.

Mortgage 370

Mortgage Loan Officers Lending Business 370

Housing Wire

JANUARY 27, 2025

The Consumer Financial Protection Bureau (CFPB) this month published an issue spotlight that takes a closer look at home equity contracts, or what the industry refers to as home equity investments (HEIs) that offer a lump sum payment to clients in exchange for a stake in their home equity. Unlock Partnership Solutions case in the U.S.

Contracts 370

Contracts Mortgage Property Taxes Law 370

Housing Wire

NOVEMBER 7, 2024

Guild Mortgage CEO Terry Schmidt said during a third-quarter earnings call on Wednesday that Guild’s reverse mortgage division continues to contribute to companywide strategies, and that additional interest in reverse has been observed. The aging and demographics [provide] great opportunity.

Mortgage 370

Mortgage Lending Investing Design 370

Appraisal Buzz

MARCH 24, 2025

Prudent AI , offering AI-powered income verification, reports that mortgage lenders are experiencing significant operational efficiencies and growth with its income intelligence tool. Angel Oak Mortgage Solutions reports doubling its loan application processing capacity within months of implementation.

Clients 195

Clients Design Tools Mortgage 195

Housing Wire

DECEMBER 19, 2024

After initially entering the mortgage business in 2003 following a career change from accounting, Rick Rodriguez was reading a book about mortgages that included a chapter on the reverse mortgage product. This led him to an experience that convinced him that the product had a place in the wider mortgage ecosystem.

Clients 397

Clients Mortgage Business Tools 397

Housing Wire

NOVEMBER 26, 2024

In honor of the 2025 Tech100 nomination season, HousingWire asked leaders from last year’s Tech100-winning companies including Flueid , Vesta , Gridbase and MyHome, a Williston Financial Group Company to share some examples of how their technology has helped transform a traditional real estate and mortgage process.

Real Estate 370

Real Estate Mortgage Technology Insurance 370

Housing Wire

MARCH 31, 2025

Late last week in an email update to its members, the National Reverse Mortgage Lenders Association (NRMLA) announced that reverse mortgage software pioneer Jerry Wagner, founder of Ibis Software , died in February. Throughout the 1990s, Ibis developed several reverse mortgage software applications, including for use by counselors.

Mortgage 293

Mortgage Development Tools Investing 293

Appraisal Buzz

FEBRUARY 27, 2025

Mortgage Capital Trading (MCT) has released a new AI adviser for mortgage capital markets called Atlas. platform, Atlas serves as a virtual capital markets expert and educational resource for MCTs mortgage lender clients. No client data has been exchanged with or used to train Atlas, MCT says.

Marketing 259

Marketing Mortgage Training Clients 259

Housing Wire

FEBRUARY 3, 2025

There is constant movement in the mortgage industry with the desire for growth and expansion. Thus, it has never been more important to focus on due diligence in analyzing a mortgage industry acquisition target. Regulatory compliance The mortgage industry is heavily regulated and subject to scrutiny by both State and Federal agencies.

Mortgage 418

Mortgage Contracts Insurance Sellers 418

Housing Wire

DECEMBER 20, 2024

The state of leadership in the mortgage industry When people say, Theres no such thing as a perfect company, are they really acknowledging an inherentflaw or are they feeling the void left by inadequate leadership? It became clear that he was far more comfortable and fulfilled working directly with clients than managing a team.

Loan Officers 395

Loan Officers Mortgage Training Development 395

Housing Wire

APRIL 1, 2025

The current reverse mortgage industry market leader, Mutual of Omaha Mortgage , announced on Tuesday that it has launched a new proprietary reverse mortgage product, with initial availability in California and Florida. The product line, known as SecureEquity, is available to homeowners as young as age 55.

Mortgage 269

Mortgage HOA Property Taxes Clients 269

Housing Wire

DECEMBER 17, 2024

There have been countless press releases and news articles about how AI is changing the mortgage industry. was curious about what he was doing as I always looked for ways to improve my client experience.On was curious about what he was doing as I always looked for ways to improve my client experience.On Absolutely not.I

Loan Officers 396

Loan Officers Clients Technology Mortgage 396

Housing Wire

JANUARY 8, 2025

Mortgage and title clients are undergoing a significant transformation with the shift from Encompass Software Development Kit (SDK) to Encompass Partner Connect (EPC). This change driven by ICE Mortgage Technologys updated standards promises enhanced efficiency, cost savings, and future-proof workflows. Click Here

Technology 369

Technology Clients Agents Development 369

Housing Wire

JANUARY 21, 2025

After years of high interest rates, and price spikes, mortgage lenders are optimistic heading into 2025. Fannie Mae predicts a 28% increase in mortgage originations to $2.1 The Mortgage Bankers Association (MBA) also predicts that total origination volume will increase by 28.5%

Mortgage 370

Mortgage Investors Insurance Modernization 370

Housing Wire

DECEMBER 4, 2024

Top 10 mortgage lender Rate — previously known as Guaranteed Rate — announced a new promotion on Wednesday. The company named veteran mortgage professional Connie Lindsay as its senior vice president of mortgage lending in Washington state. Most recently, Lindsay served as a mortgage loan officer at U.S.

Lending 397

Lending Mortgage Loan Officers Retail 397

Appraisal Buzz

MARCH 5, 2025

Kortney Lane-Schafers has been promoted to vice president of growth and client advocacy at Mobility Market Intelligence (MMI), which offers data intelligence and market insight tools for the mortgage and real estate industries.

Clients 195

Clients Client Relationships Loan Officers Development 195

Housing Wire

MARCH 20, 2025

It seems that everyone in mortgage and real estate has an opinion about Rocket Mortgage ‘s pending $1.75 After the deal was announced, CEO Varun Krishna told investors that he expects a lift in purchase mortgage growth after the deal closes. Essentially, it’s the holy grail of mortgage and real estate tech.

Mortgage 281

Mortgage Real Estate Brokerage Loan Officers 281

Housing Wire

MARCH 7, 2025

Rocket Mortgage is shutting down its Canadian operations as the company refocuses on its core U.S. We want to assure our clients that all loans in process will proceed without issue, and we remain committed to supporting them through this transition, Rocket Mortgage said in a statement. The decision, filed in U.S.

Mortgage 221

Mortgage Real Estate Agent Insurance Clients 221

Housing Wire

MARCH 6, 2025

Reverse mortgage industry performance metrics continued their 2025 softness on the basis of endorsement volume and securities issuance, February data shows. When asked about that difference, Jon McCue, RMIs director of client relations, said that it all comes down to rates, with a bit of an asterisk. And PHH Mortgage Corp.

Mortgage 365

Mortgage Insurance Business Tools 365

Housing Wire

OCTOBER 31, 2024

The companies hope Restb.ai’s technology can help ClearValue’s appraisal review clients improve efficiency and quality control while also reducing costs. Our goal has always been to provide clients with the most advanced, efficient and reliable tools available,” ClearValue CEO Don Juhl said in a statement. “By

Appraisal Process 459

Appraisal Process Appraisal Valuation Review Valuation 459

Housing Wire

FEBRUARY 7, 2025

A bill introduced into the Oregon Senate that seeks to limit the amount of equity a reverse mortgage lender can receive after the sale or transfer of a property could potentially halt the availability of proprietary product offerings in the state. It’s a nonrecourse loan that is negatively amortizing, and balances increase over time.

Business 349

Business Mortgage Contracts Law 349

Housing Wire

MARCH 3, 2025

A bill that would seek to bolster the disclosures that reverse mortgage lenders make to potential clients in an effort to broaden their understanding of the product inside New York state is getting pushback from industry advocates. Leroy Comrie (D-Queens), who introduced the bill on Jan. Again, it’s very concerning, Irwin said.

Mortgage 248

Mortgage Law Property Taxes Clients 248