Housing Wire

JANUARY 30, 2025

In this conversation, the duo explore niche lending, second lien product opportunities and demand for non-QM. Deephaven’s focus on non-QM lending is expected to drive its volume past $80 billion in 2025. For example, 30% of purchase transactions were new construction last year. That’s where the growth is at.

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Construction Marketing Investors Renovations 338

Appraisal Buzz

MARCH 4, 2025

Such was the case with University Federal Credit Union Chief Lending Officer Christy Soukhamneut who spoke on the podcast Lessons From Last Time with Ken Perry about her own personal challenges in navigating the past few years, which featured the COVID shutdown followed by a deteriorating and volatile mortgage market.

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Lending Mortgage Loan Officers Architecture 221

Housing Wire

MARCH 21, 2024

Planet Home Lending hired Matt Kingsborough as regional sales manager, the Connecticut-based lender, servicer and asset manager announced Thursday. Kingsborough has more than 20 years of experience in mortgage lending and will be responsible for driving the company’s expansion plans in the western U.S.

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Lending Retail Contracts Construction 447

Housing Wire

MARCH 7, 2024

Connecticut-headquartered mortgage servicer and lender Planet Home Lending has hired Doug Long as senior vice president and divisional sales manager. As the 12th-largest mortgage lender , Planet Home Lending posted an origination volume of $25 billion in 2023, a 5.3% decline from 2022, according to Inside Mortgage Finance.

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Retail Lending Renovations Construction 459

Appraisal Buzz

JANUARY 23, 2025

Dunmor , a provider of bridge, fix and flip, ground-up construction and DSCR rental loans for real estate developers, has received a minority equity investment from Newfi Lending , a non-agency mortgage lender owned by funds managed by Apollo Global Management. The investment is an expansion of the partnership announced in June 2024.

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Housing Wire

JANUARY 15, 2025

The study claims that the crisis can be traced back to the early 2000s when subprime lending activities were prevalent. The resulting housing market crash and the Great Recession led policymakers to overcorrect by tightening mortgage lending standards and limiting funds for new construction.

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Lending Housing Market Inventory Construction 418

Housing Wire

MARCH 30, 2023

The proposed template would change the mortgage disclosures required under the Truth in Lending Act (TILA)-Real Estate Settlement Procedures Act (RESPA) Integrated Disclosure (TRID) rules.

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Construction Lending Finance Mortgage 397

Housing Wire

MARCH 20, 2024

The PROGRESS in Lending Association released the names for its 2024 Innovations Award winners last week, including two vendors that are active in the reverse mortgage industry, according to an announcement. Their innovative solution supports our commitment to streamlining the lending process for our partners.”

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Lending Mortgage Technology Construction 447

Housing Wire

FEBRUARY 1, 2023

Michigan-based lender United Wholesale Mortgage (UWM) has introduced a construction-to-permanent loan that covers the cost of building a home and then converts to a permanent mortgage once construction is complete. The loan will cover an 11-month maximum build period with a one-month modification.

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Construction Real Estate Agent Loan Officers Inspection 418

Housing Wire

NOVEMBER 10, 2022

In response, multifamily construction has skyrocketed over the last year, hitting a historic high of 841,000 units under construction nationwide in June of this year, according to research from the National Multifamily Housing Council and the National Apartment Association. Department of Housing and Urban Development.

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Construction Supply Chain Buyers Development 482

Appraisal Buzz

OCTOBER 1, 2024

Total borrowing and lending for commercial and multifamily mortgages is expected to finish at $539 billion by the end of 2024, according to an updated baseline forecast by the Mortgage Bankers Association (MBA). The post Forecast: Commercial/Multifamily Borrowing and Lending to Increase first appeared on The MortgagePoint.

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Lending Real Estate Investors Construction 369

Housing Wire

FEBRUARY 6, 2025

Buyers want affordable new homes, yet new construction listings are still playing catch up with their high-priced counterparts. Deephaven Mortgage a pioneer in non-QM lending offers loan products to serve borrowers who might not otherwise qualify for a traditional loan. As such, theyll need ground-up construction loans.

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Mortgage Training Construction Investors 343

Appraisal Buzz

OCTOBER 15, 2024

While increases in the index point to looser credit, a decrease in the MCAI suggests tighter lending requirements. Conventional lending programs that are not subject to conforming loan restrictions are examined by the Jumbo MCAI, whereas those that are are examined by the Conforming MCAI.

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Mortgage Government Lending Construction 387

Housing Wire

DECEMBER 18, 2024

Citis previous use of the URL was to redirect to learning center content within the home lending pages on the Citi domain, according to Head of Mortgage Marketing at Citi, Chip Burgard. The company owned the domain for several years but didnt have a direct purpose with it until Q4 2023. We’ve got good purchase products.

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Marketing Lending Retail Mortgage 418

Housing Wire

JANUARY 11, 2023

Nashville, Tennessee-headquartered Defy Mortgage is the latest player to join the non-QM (non-qualified mortgage) lending space, which targets entrepreneurs and gig workers who have various forms of collateral, including cryptocurrency. We are able to count it as liquidity from a reserve requirement and for asset depletion.”.

Lending 448

Lending Mortgage Marketing Technology 448

Housing Wire

JANUARY 24, 2025

Business-purpose residential mortgage lender Dunmor announced Thursday that it has received a minority equity investment from Newfi Lending , a nonagency mortgage lender owned by funds managed by Apollo Global Management. According to Dunmor, the investment is an extension of an original partnership initiated in June 2024.

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Investing Lending Real Estate Construction 367

Appraisal Buzz

DECEMBER 10, 2024

Among the top 10 metros, eight have seen year-over-year growth in single-family home construction, with builders increasingly focusing on more affordable and smaller homes to meet demand. Miami leads with 42.7% foreign-born residents, and is joined by other Florida and Texas markets, which also have shares above 20%.

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Housing Market Marketing Inventory Government 418

Housing Wire

JANUARY 13, 2025

“Individuals and families in these markets deserve proper community-focused lending, and Evans leadership is well-suited to deliver the localized support they need. The company believes that population increases in these states have driven higher demand for new construction sales.

Lending 370

Lending Retail Business Construction 370

Housing Wire

JUNE 10, 2024

Los Angeles -based Dunmor , a technology -enabled lender that specializes in loans for residential real estate investors , has added a pair of experienced executives in the business-purpose lending space. Pham has 23 years of marketing experience in the real estate and finance sectors.

Lending 345

Lending Business Real Estate Finance 345

Appraisal Buzz

MAY 9, 2024

PERSON OF THE WEEK: At a time of lower-profit margins, a growing number of mortgage lenders are looking to lift their balance sheets by offering construction-to-per loans. This has led to the current boom in construction loan administration software designed to manage and simplify these complex products.

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Construction Technology Lending Design 195

Appraisal Buzz

NOVEMBER 26, 2024

Housing Market Supply and Demand: An analysis of housing inventory trends and construction pressures affecting pricing and availability. Dr. Conerly’s analysis included interest rates, inflation, and the Federal Reserve’s strategic direction, with insights into consumer behavior, government spending, and construction.

Real Estate 367

Real Estate Tenants Insurance Construction 367

Housing Wire

NOVEMBER 4, 2024

Smith Douglas Homes’ approach to the new construction market is perfectly aligned with loanDepot’s commitment to serving the needs of first-time homebuyers,” said Dan Peña, executive vice president of national joint ventures for loanDepot. “Our Smith Douglas Homes sold 2,297 homes in 2023.

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Business Mortgage Retail Construction 305

Housing Wire

APRIL 8, 2021

For those that have focused on purchase lending, they will see less of a drop in total volume. But as America returns to work, supplies for builders will return to needed production levels, new home construction will continue to rise, and ultimately the supply-demand imbalance will rectify itself.

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Development Lending Mortgage Marketing 448

Housing Wire

SEPTEMBER 29, 2020

Will they be able to help borrowers construct FHA loans — which have been among those hit the hardest by COVID-19? Be proactive now about balancing your lending diet, equipping your staff to handle a range of responsibilities and solidifying your brand’s presence in the marketplace. Will they be able to convert leads to purchases?

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Lending Loan Officers Business Investors 459

Appraisal Buzz

FEBRUARY 19, 2025

Additionally, builders continue to grapple with challenges stemming from the 5 Ls: labor, lots, legal issues, lumber, and lending. The post January Residential Construction: Whats Behind Builder Pessimism? The post January Residential Construction: Whats Behind Builder Pessimism? To read the full report, click here.

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Construction Legal Buyers Mortgage 150

Housing Wire

MARCH 29, 2022

Perhaps the loan is associated with a construction project that could take an unknown number of months to complete. The post Deeper asset history unlocks new lending opportunities appeared first on HousingWire. Maybe closing delays have caused the original asset data to become aged. Drop me a note brian@formfree.com.

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Lending Modernization Construction Government 370

Housing Wire

JUNE 30, 2022

Not only does Flagstar offer brokers direct access to seasoned sales, support and underwriting teams, it also provides a product set that includes specialty lending options like Advantage non-agency loan, jumbos, new construction, renovation products and HELOCs, and in the pipeline, loans to foreign nationals, seconds and investor property loans.

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Lending Housing Market Technology Business 370

Housing Wire

JANUARY 4, 2023

In addition to offering borrowers FHA loans, conventional purchase mortgages and refis, the lender specializes in retail channel construction loans, according to the firm. “We We have a one-time close construction-to-permanent loan, and we are the largest seller of that product to the agencies.

Retail 508

Retail Mortgage Construction Loan Officers 508

Appraisal Buzz

OCTOBER 11, 2024

Ginnie Mae’s Issuers are our partners in expanding access to affordable lending, and advancing solutions that support their liquidity needs is critical to ensuring sustainable access to credit for the borrowers we serve.” Click here for a complete event agenda and participant details.

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Marketing Mortgage Finance Retail 370

Housing Wire

JULY 19, 2024

We specialize in non-agency loans, including bank statement loans, government lending, new construction and renovation products, and HELOCs , positioning us as a leader in the industry.” Additionally, Flagstar offers direct access to underwriters for product-specific advice and expertise in Non-QM, VA, and FHA lending.

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Training Renovations Lending Clients 466

Appraisal Buzz

MARCH 3, 2025

Mortgage veteran Donny Panasis has joined Embrace Home Loans as branch manager of its Viera, Florida office, where he and his team will originate loans for both existing and new construction homes. Panasis previously served as a loan originator for The Mortgage Firm and TD Bank.

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Loan Officers Clients Brokerage Construction 284

Housing Wire

FEBRUARY 10, 2025

On Friday, a California jury found loanDepot not guilty on the final remaining claims involving gender discrimination and constructive discharge. Richards, now an executive at Kind Lending , and her attorney, James Bryant, did not immediately respond to a request for comment.

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Eyes on Housing

MARCH 21, 2025

Higher interest rates and tight financial lending conditions have led to a decline in loans for new home construction. The total volume of acquisition, development, and construction (AD&C) loans outstanding from FDIC-insured institutions fell 1.02% to $490.7 billion, the third straight quarterly decline.

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Construction Insurance Lending Development 78

Housing Wire

JULY 23, 2024

Real estate lending shop Dunmor has promoted two employees to senior leadership positions. Andy Thienkosol, a veteran in business-purpose lending (BPL), has been named chief operating officer of the California -based lender. It operates through consumer direct and broker channels.

Lending 446

Lending Construction Investing Real Estate 446

Housing Wire

FEBRUARY 12, 2024

In AFR, it’s adding the New Jersey-based, full-service independent mortgage bank that has direct, wholesale and correspondent lending divisions. AFR offers agency, nonagency and government lending products. It also has a niche in construction and manufactured home loan programs.

Lending 457

Lending Renovations Construction Finance 457

Housing Wire

DECEMBER 29, 2023

And with the ability to buy down consumers’ mortgage rates while still maintaining double-digit margins, new construction grew to comprise roughly 30% of total housing inventory in 2023, more than double a normal year. Let’s look at the new construction forecast for 2024. million new single-family construction units in 2024.

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Construction Supply Chain Inventory Housing Market 476

Housing Wire

FEBRUARY 5, 2024

Dallas-based OneTrust Home Loans brought on James Hecht as its CEO to spearhead the company’s various mortgage lending divisions. Before joining OneTrust Home Loans, Hecht served as head of production and executive vice president for national retail lending at Newrez , formerly known as Caliber Home Loans.

Lending 448

Lending Retail Construction Tools 448