Housing Wire

APRIL 5, 2022

Virtual” real estate shares much of the same general definitions of actual real estate. Lending is lending. Similar to consumer lending, you may consider a simplified tradeline-level AUS scorecard to deliver an instant decision to applicant(s). But we do live in a world of disclosures when lending money.

Real Estate 532

Real Estate Mortgage Property Taxes Law 532

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.

Law 468

Law Lending Insurance Mortgage 468

Housing Wire

FEBRUARY 4, 2021

After months of uncertainty , CoreLogic announced Thursday that it entered into a definitive agreement to be acquired by Stone Point Capital and Insight Partners for $80 per share in cash, or an equity value of about $6 billion. Strategies lenders should adopt from direct to consumer lending. Sign up here.

Legal 482

Legal Investors Lending Finance 482

Housing Wire

OCTOBER 11, 2023

In its 9th year, the HousingWire Vanguards award offers a definitive list of the top leaders in housing who are shaping the housing economy for the better. The forward-thinkers and trailblazers who are shaping the industry through their unwavering commitment, transformative ideas and steadfast dedication to driving growth and positive change.

Realty 488

Realty Real Estate Technology Lending 488

Appraisal Buzz

MAY 22, 2024

Technology firm Finaya has launched an AI-based homeownership marketplace super-app that integrates home buying and selling, mortgage, insurance, title, closing and other related services supported by a marketplace of on-demand realtors, loan brokers, lenders and service providers.

Insurance 195

Insurance Real Estate Agent Mortgage Real Estate 195

Housing Wire

JANUARY 18, 2023

So, it’s definitely not like selling a loan to a GSE (government-sponsored enterprise). mortgage insurance market in 2023 to deteriorate. mortgage insurance sector,” Christopher Grimes, director of Fitch Ratings, said. mortgage insurance sector, according to the report.

Housing Market 476

Housing Market Marketing Insurance Mortgage 476

Housing Wire

MAY 22, 2024

H4P endorsements accounted for roughly 6% of the 32,963 HECMs endorsed for Federal Housing Administration (FHA) insurance that fiscal year. It represented a modest recovery for a highly underutilized option within a wider and similarly underutilized lending program sponsored by the federal government. A sleeping giant?

Mortgage 458

Mortgage Loan Officers Lending Business 458

Housing Wire

MARCH 30, 2021

Among the unknowns servicers face in 2021 are changes that could affect lender-placed insurance (LPI). In proposing to extend the date by which lenders must comply with the CFPB’s new General QM definition, we are working to provide needed options for both homeowners and lenders during a time of uncertainty and hardship.”.

Mortgage 476

Mortgage Insurance Lending Marketing 476

Housing Wire

AUGUST 15, 2023

Non-QM lender Acra Lending is projecting mortgage originations will increase in 2023 to about $2.6 The consolidation in the non-QM lending space, which has allowed Acra to expand its market share. “So, Our pipeline is a lot bigger than it was at this time last year, and rates have doubled, so we’re definitely getting market share.”

Business 370

Business Lending Investors Finance 370

Housing Wire

MARCH 23, 2023

In the mortgage space, warehouse lending is a very lucrative business for the banks, so in general they’ll want to keep warehousing lending, maybe over other types of lending,” said Brian Hale, founder and CEO of consulting firm Mortgage Advisory Partners. It’s just a matter of to what degree.

Lending 448

Lending Investing Insurance Mortgage 448

Housing Wire

AUGUST 8, 2024

That gets rolled into their debt-to-income ratio, which means they look like a riskier buyer, which means their mortgage loan gets priced higher, which means they have an additional disadvantage because the cost of lending goes up for them. So, this is a further challenge for them to even enter the housing market.”

Housing Market 488

Housing Market Marketing Mortgage Sellers 488

Housing Wire

MAY 2, 2021

The many applications for financial institutions of this technology include Home Equity Lending to Insurance inspections. Our solution brings back the notion of ‘arms-length’ images to a remote inspection process, which is something the industry definitely needs right now.”. Mark Walser, President of Appraisal Management.

Inspection 370

Inspection Appraisal Real Estate Agent Technology 370

Housing Wire

APRIL 29, 2021

Despite 2020’s pause in originations and securitizations, the 2021 outlook for non-QM lending is promising. Investors are returning to the space with more confidence, and new investors like private equities and insurance companies are showing interest. billion in total securitizations – only a 33% decrease from its 2019 high.

Lending 370

Lending Investors Insurance Marketing 370

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 368

Real Estate Agent Real Estate Agents Loan Officers 368

Housing Wire

APRIL 19, 2022

The Office of the Comptroller of the Currency (OCC), the Federal Reserve System , and the Federal Deposit Insurance Corporation (FDIC) oversee and regulate the activities of banks. HMDA, Fair Lending etc.,” I think that the depositories are not as picky in making sure they are hiring LOs with mortgage lending experience.

Training 397

Training Loan Officers Lending Mortgage 397

Housing Wire

AUGUST 8, 2023

In the secondary market, these jumbo loans are sold to other investors, such as real estate investment trusts, hedge funds and insurance companies. These big banks attract customers by offering low rates on home loans; then, they try to sell those clients credit cards, insurance and other products and services. from June 2022.

Insurance 370

Insurance Mortgage Lending Clients 370

Housing Wire

DECEMBER 4, 2024

The shift is being driven by a combination of factors, including macroeconomic pressures, the impact of natural disasters, and rising property insurance premiums and taxes. Oftentimes, when we look at the delinquency rate, we’re looking at the unemployment rate too, and our forecast definitely has the unemployment rate going up to 4.7%

Mortgage 305

Mortgage Insurance Government Investors 305

Housing Wire

FEBRUARY 3, 2025

The judge cited the definition of first mortgage in Blacks Law Dictionary, which calls it a mortgage that has priority over another mortgage (a junior mortgage) on the same property. HECM loans require borrowers to continue paying property taxes, homeowners insurance and if applicable HOA fees to keep their loan in good standing.

Mortgage 296

Mortgage HOA Law Property Taxes 296

Housing Wire

OCTOBER 4, 2024

Mortgage loan officers, also known as mortgage loan originators or lending officers, generally make salary-based income with commission. Well, as a new or aspiring MLO, your NMLS license is absolutely critical for qualifying to handle lending transactions, and no one will hire you without one. Why is this important?

Real Estate 448

Real Estate Loan Officers Tools Lending 448

Housing Wire

APRIL 26, 2023

This is honestly where good loan officers can really separate themselves,” Josh Burruss, executive vice president and chief lending officer of Intercoastal Mortgage , said. I think if we get down close to the 5% range, that will definitely open up a lot of buyers from an affordability standpoint.

Loan Officers 418

Loan Officers Mortgage Inventory Clients 418

Housing Wire

JULY 20, 2023

JPMorgan Chase Chief Financial Officer Jeremy Barnum said, “All else [being] equal, higher capital requirements definitely are going to increase the cost of credit, which is bad for the economy.” Mills particularly worries about the impacts on the MSR market and warehouse lending. Is the Basel Endgame coming soon?

Mortgage 370

Mortgage Marketing Lending Finance 370

Housing Wire

JUNE 27, 2022

Less business for lenders and real estate brokerages, in return, is hurting title companies, tech vendors, appraisers and mortgage insurance firms. “It’s definitely a landlord’s market,” said Kiser Group’s Sklar. I don’t think it’s a win for anyone on the lending side.

Housing Market 468

Housing Market Marketing Brokerage Real Estate 468

Housing Wire

JUNE 30, 2021

ServiceLink, which is backed by Fidelity National Financial, meets the unique needs of wholesale lenders by providing title insurance, appraisals, flood certificates and closing services. Our EXOS Title technology offers accelerated title decisioning and a definitive clear-to-close timeline in seconds.

Valuation 204

Valuation Client Relationships Inspection Clients 204

Housing Wire

OCTOBER 7, 2022

Switzerland-based global lender Credit Suisse Group AG had a rough start this week after its stock was beaten down by 11%, the value of its riskiest debt fell more than 10% and the cost of purchasing derivatives insuring against the bank defaulting rose sharply. Credit Suisse through its subsidiary DLJ Mortgage Capital Inc.,

Supply Chain 418

Supply Chain Mortgage Investors Business 418

Housing Wire

MARCH 7, 2022

A deed transfer often includes the new owner ensuring they are the property holder through title insurance. Still, the company contends, blockchain technology “is ready to be utilized by counties and that’s definitely needed.”. But not a single Florida title company would touch the Gulfport sale. “A

Real Estate 501

Real Estate Law Inspection Agents 501

Housing Wire

MARCH 26, 2024

Keith Lind, CEO of Acra Lending , a leading nonqualified mortgage lender, said early indications are that the year ahead looks promising for non-QM and related investment property lending for his institution. We definitely see an uptick there.” million households formed each year.”

Investors 482

Investors Marketing Inventory Real Estate 482

Housing Wire

MARCH 3, 2022

A: There are a couple of things, and one is definitely education. Whether it’s information about the transaction or the appraisal, or the homeowners insurance, numbers, that stuff should all be able to be gathered in one place so that the customer always knows what’s going on. ’ and ‘How are we doing?’

Mortgage 369

Mortgage Technology Real Estate Investing 369

Housing Wire

FEBRUARY 15, 2022

government, insurance companies and financial institutions as well as asset-backed security issuances and transactions in the private-label residential mortgage-backed securities (MBS) sector. The sectors highlighted in the rating-agencies report include securities issued by corporations, the U.S.

Law 370

Law Mortgage Marketing Design 370

Housing Wire

AUGUST 9, 2023

The nation’s biggest banks stepped in to stabilize the lender with $30 billion of their own money, giving the Federal Depository Insurance Corporation time to find a buyer. First Republic’s stock bottomed in March in the wake of the bank failures , and depositors rushed to pull their money out.

Marketing 370

Marketing Retail Mortgage Investors 370

McKissock

JULY 23, 2021

USPAP Standards Rule 1-2 (c) requires the appraiser to identify the type and definition of value. When reasonable exposure time is a component of the definition for the value opinion being developed, the appraiser must also develop an opinion of reasonable exposure time linked to that value opinion.

Appraisal 99

Appraisal Marketing Market Value Development 99

Appraisal Today

NOVEMBER 8, 2024

Definitely the best practical appraisal advice I have read on new URAR. Weathering the Insurance Crisis: With Peter Carroll of CoreLogic, Ethan Aumann of APCIA, and Don White of PennyMac Market Outlook with Mike Fratantoni, Ph.D., The Selling Guide is being updated to include these new definitions in the Glossary.

Appraisal 82

Appraisal Contracts Modernization Clients 82

D Fritz Appraisals

FEBRUARY 22, 2023

This article will discuss the definition of home equity and taking equity out of your home to buy another house in Canada. We have provided reliable real estate lending, sales, and appraisals for four decades in Victoria, BC. Home equity is like having money in the bank, but it’s tied up in your real estate. What Is Home Equity?

Investing 129

Investing Real Estate Appraisal Market Value 129

McKissock

OCTOBER 23, 2020

How are divorce appraisals different from standard mortgage lending appraisals? If the appraiser is providing any services that would fall under that definition, the fee structure cannot be contingent on the outcome of the appeal. Insurance claims. Bankruptcy. Income tax (IRS) issues. Guardianship/Trustee matters.

Appraisal 77

Appraisal Insurance Legal Development 77

Appraisal Today

SEPTEMBER 29, 2023

NOTE: Please scroll down to read the other topics in this long blog post on non-lender appraisals, VA, flood and fires no insurance, retirement, few lender appraisals, unusual homes, mortgage origination $22M Modern Mansion on 130 Acres in Napa Has Its Own Cabernet Vineyard Excerpts: 6 bedrooms, 6.5+ The GSEs started keeping track in 71.

Insurance 88

Insurance Appraisal Contracts Mortgage 88

McKissock

APRIL 20, 2021

Meet with/learn from service providers such as loan officers, title companies, attorneys, home warranty, and insurance companies. Part-time is definitely not the norm, but having a second career as an agent is common, according to the NAR member profile. Build a concierge list of real estate professionals such as builders and plumbers.

Real Estate Agent 98

Real Estate Agent Real Estate Agents Realtors 98

Appraisal Today

JUNE 7, 2024

NOTE: Please scroll down to read the other topics in this long blog post on state appraisal boards, liability, appraiser insurance, price per sq.ft. Click here = Do I really have to report that state board issue to my E&O insurance? I have been following CEO Cyndi Chance since she started working for AI. baths, 8,74t sq.ft.,

Appraisal 79

Appraisal Insurance Contracts Business 79

Assurance Financial

APRIL 29, 2021

Mortgage Lending Terminology . If you plan to buy a home or refinance an existing mortgage, you’ll likely encounter mortgage loan terms and definitions that may be unfamiliar — especially if you’re buying a house for the first time. Homeowners Insurance. Insurance also protects you against theft.

Mortgage 69

Mortgage Insurance Inspection Sellers 69