Housing Wire

MARCH 5, 2024

Department of the Treasury on Tuesday announced a series of new initiatives designed to increase the supply of affordable housing across the country. Department of Housing and Urban Development (HUD) and state and local housing finance agencies,” according to the announcement. There are three core provisions of the plan.

Insurance 468

Insurance Construction Government Design 468

Appraisal Buzz

NOVEMBER 13, 2024

In 2025, home purchasers and homeowners will design cozy, environmentally friendly, and climate-resilient homes by fusing the newest technology with vintage, rustic beauty. Energy-efficient and climate-resilient home features are quickly gaining popularity as homeowners look to keep costs down, including insurance costs.

Buyers 370

Buyers Design Real Estate Agent Real Estate 370

Housing Wire

NOVEMBER 1, 2024

Similar to the HousingWire TECH100, which celebrates the most innovative companies in mortgage and real estate tech, Tech Trendsetters highlights the individuals who are developing cutting-edge technology and leading innovation for their clients in these industries. This year, 75 honorees were selected. Take a look at the full list below.

Technology 410

Technology Realty Real Estate Development 410

Housing Wire

OCTOBER 24, 2024

Valon intends to use the fresh capital to boost product development and expand its reach to new markets. Valon’s platform — the first of its kind to provide end-to-end mortgage servicing — was designed to boost efficiency and transparency for home buyers and sellers. The firm is currently valued at $1.1

Mortgage 417

Mortgage Real Estate Agent Technology Real Estate 417

Housing Wire

JUNE 30, 2023

The goal of the increase is to “enable a greater number of transactions to use standard underwriting processes when submitted for FHA Multifamily insurance,” the agency said. Anything we can do to prudently alleviate extra steps in obtaining FHA insurance will help all of us meet the housing supply challenges before us.”

Insurance 391

Insurance Development Design Finance 391

Housing Wire

NOVEMBER 15, 2024

The reverse mortgage portion of the Federal Housing Administration ’s (FHA)’s Mutual Mortgage Insurance Fund (MMIF) has reached a positive capital ratio for the fourth year in a row on the overall government-backed portfolio. 30, FHA has active insurance on an estimated 287,000 HECM loans. This is a developing story.

Insurance 319

Insurance Development Mortgage Design 319

Housing Wire

JULY 31, 2024

Department of Housing and Urban Development (HUD) visited the University of Alaska at Fairbanks to tout the possibilities that 3D printing technology could bring to the construction of affordable housing in the U.S. They are also less likely to burn down or be blown down, which could be attractive for insurers.

Construction 427

Construction Technology Design Development 427

Housing Wire

APRIL 24, 2024

Department of Housing and Urban Development (HUD) on Wednesday announced new initiatives to bolster community protections against severe heat, an issue that has become more common nationwide. But now, we’re seeing insurance costs going up and people are deciding where to live based on the climate.

Insurance 405

Insurance Housing Market Development Design 405

Housing Wire

DECEMBER 1, 2023

Name Job Title Company Name Aarne Huttunen Chief Product Officer CubiCasa Abhinav Asthana Head of Product Business and Growth Tavant Alissa Harper Chief Sales Officer Inside Real Estate Amit Arora Vice President of Investments Opendoor Arvind Mohan CEO Kiavi Brian McCarthy Director of Product Management Maxwell Brian Donnellan President and CEO Bright (..)

Technology 428

Technology Architecture Real Estate Development 428

Housing Wire

JUNE 1, 2023

Six federal agencies have requested comment from the public on a newly-proposed rule that is designed to “ensure the credibility and integrity of models used in real estate valuations.” And the design and development of the models and algorithms can reflect the biases and blind spots of the developers.”

Valuation 396

Valuation Design Law Real Estate 396

Housing Wire

MARCH 11, 2024

Configured to give independent mortgage banks, federally insured banks and credit unions the needed tools at an accessible price point, Floify Lender Edition aims to increase lender profitability through its automated processes and efficiency tools, the company said. Founded in 2013, Floify — a subsidiary of Porch Group Inc. —

Mortgage 419

Mortgage Loan Officers Real Estate Agent Design 419

Appraisal Buzz

MAY 6, 2024

Over the past 20 years, he has served in key leadership roles in mortgage banking, private mortgage insurance, and appraisal management. Johnston is a certified real estate appraiser with advanced professional appraisal designations, project management designations, and process improvement credentials.

Valuation 195

Valuation Project Management Insurance Design 195

Appraisal Buzz

OCTOBER 28, 2024

According to Mike Fratantoni , MBA’s Chief Economist and SVP of Research and Business Development, the U.S. The advance seasonally adjusted insured unemployment rate was 1.3% By loan count, total mortgage origination volume is expected to increase by 28% to 6.5 million loans in 2025 from the 5.1 million loans expected in 2024.

Property Taxes 409

Property Taxes Insurance HOA Inventory 409

Housing Wire

JULY 31, 2024

Roughly one month ago, Ginnie Mae released a term sheet for a highly anticipated new development for the reverse mortgage industry: a new Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) product referred to as HMBS 2.0. Still a developed private-label structure has managed to withstand a lot of market distress, he said. “So,

Development 359

Development Design Mortgage Marketing 359

Housing Wire

MARCH 8, 2024

“The exposure of the largest banks is quite low, but there may be smaller banks that are stressed by these developments.” Although commercial mortgage debt is propelling these concerns, the possibility of failure for a federally insured bank has implications for the residential mortgage sector. FDIC), banks held $2.78

Real Estate 483

Real Estate Insurance Lending Retail 483

Appraisal Buzz

MAY 6, 2024

Does the cost of homeowners insurance affect the price of a home? In recent years, insurance companies have pulled out of some markets altogether after sustaining massive losses due to wildfires, flooding, and other climate-related disasters. ICON, an Austin based firm, has developed a 3D printed wall system.

HOA 370

HOA Insurance Legal Fees Valuation 370

Housing Wire

JANUARY 10, 2024

Sue Haviland has also joined the division as a loan officer, coming off of a roughly three-year stint as Finance of America Reverse (FAR)’s national sales trainer in learning and development. Obviously we have a forward lending division, we have the reverse mortgage lending division and a commercial panel, as well as an insurance company.

Mortgage 439

Mortgage Lending Loan Officers Design 439

Housing Wire

MARCH 29, 2024

Department of Housing and Urban Development (HUD)’s Office of Policy Development and Research is seeking public comment related to application and origination documents for the Federal Housing Administration (FHA)-backed Home Equity Conversion Mortgage (HECM) program, according to a notice published this week in the Federal Register.

Mortgage 392

Mortgage Tools Design Development 392

Housing Wire

JULY 18, 2024

Department of Housing and Urban Development (HUD) never fully implemented this. “To That process would allow HECM holders to “request an adjustment for mortgages that became due and payable on or after September 19, 2017, and filed a claim prior to the effective date of the final ML, if an insurance claim was paid in cash,” FHA explained.

Mortgage 363

Mortgage Insurance Design Lending 363

Housing Wire

MAY 15, 2024

The plan makes four key recommendations, one of which is the development of a new liquidity facility for Ginnie Mae issuers that would “facilitate servicer advances/pool buyouts,” the plan explained. CHLA added in a statement that the release of these recommendations is designed to coincide with relevant news.

Modernization 380

Modernization Government Contracts Insurance 380

Housing Wire

FEBRUARY 13, 2024

hired two executives as it looks to take the company to its next phase of development. Department of Homeland Security and title insurance company Charter Title. It is designed to streamline the loan manufacturing process while eliminating the need for employee adoption. Mortgage tech firm TRAiNED Inc.

Training 438

Training Mortgage Insurance Design 438

Housing Wire

MAY 6, 2024

In particular, HUD Form 92900–C is designed to “collect loan-level data that is needed for insuring purposes and not found on Fannie Mae form 1003,” according to the original announcement. Following an announcement that the U.S. HUD also plans to replace its use of some internal forms, including one used in conjunction with U.S.

Inspection 419

Inspection Development Insurance Design 419

Appraisal Buzz

OCTOBER 14, 2024

Also added is AgentNet Production, a comprehensive, cloud-based title and escrow closing solution designed to simplify The post First American Revamps AgentNet With New Products and Services appeared first on Appraisal Buzz.

Tools 195

Tools Agents Training Insurance 195

Housing Wire

JUNE 5, 2024

Department of Housing and Urban Development (HUD) this week announced the launch of a new program designed to allow for the purchase, refinance or renovation of manufactured housing under a loan program sponsored by the Federal Housing Administration (FHA).

Government 529

Government Finance Renovations Insurance 529

Housing Wire

SEPTEMBER 6, 2024

CANDID: The ecosystem for top-producing LOs Developed by top-producing LOs, CANDID has become the preferred mortgage marketing and sales ecosystem for many of the nation’s elite originators, with an average user volume of $43M.

Mortgage 456

Mortgage Technology Tools Clients 456

Housing Wire

MARCH 17, 2023

Future development projects will follow this collaborative approach with our clients and strategic partners. The firm’s automated underwriting tech is designed to augment human underwriters’ capabilities, allowing underwriters to handle more loans. In August 2021, Candor raised $12.5

Mortgage 335

Mortgage Technology Clients Development 335

Appraisal Buzz

MAY 31, 2024

HUD’s Office of Policy Development & Research (PDR) will be hosting hybrid panel discussions, Thursday and Friday, June 6-7 from 8:30 a.m.-4:00 on the National Mall, to raise awareness of innovative and affordable housing designs and technologies. 4:00 Central on housing innovation.

Construction 195

Construction Design Finance Architecture 195

Housing Wire

APRIL 29, 2024

The action is designed to inform consumers about the potential pros and cons of taking out these loans, according to an announcement issued by Attorney General Dana Nessel’s office on Monday. “A Department of Housing and Urban Development (HUD)-approved counseling prior to closing the loan.

Mortgage 425

Mortgage Property Taxes Insurance Design 425

Housing Wire

MARCH 7, 2024

The White House also pointed out last year’s reduction to the mortgage insurance premium (MIP) for Federal Housing Administration (FHA) mortgages, which save “an estimated 850,000 homebuyers and homeowners an estimated $800 per year.” The NHC lauded the development. The White House estimates that this “will raise an additional $3.79

Construction 534

Construction Renovations Insurance Landlords 534

Housing Wire

JANUARY 17, 2024

That’s where reverse purchase financing comes into play, the funding option specifically designed for older Americans. This is a huge boon for the program as seller concessions have not been allowed within the FHA-insured program since its inception. The 6% limit also includes payment of the Up-Front Mortgage Insurance Premium (UFMIP).

Finance 468

Finance Real Estate Agent Real Estate Insurance 468

Housing Wire

JULY 8, 2024

An historic home in Chicago ’s Austin neighborhood designed by architect Frank Lloyd Wright in 1903 is in serious need of repairs and renovations, but an existing reverse mortgage loan is complicating the process of initiating the work. The home, designed by Lloyd Wright for real estate developer Joseph Jacob (JJ) Walser Jr.,

Mortgage 341

Mortgage Design Architecture Market Value 341

Housing Wire

AUGUST 29, 2024

In 2020, a colleague approached her about establishing a Phoenix-based chapter of Women in Insurance and Financial Services (WIFS), an association of financial services professionals who aim to “attract, develop and advance women in an underrepresented profession,” according to the WIFS National website.

Finance 374

Finance Mortgage Real Estate Agent Insurance 374

Housing Wire

APRIL 24, 2024

Almeida Realtor- Team Leader The American Dream Group Coldwell Banker Abhishek Shende Senior Principal Software Engineer Zillow Group Adi Pavlovic CEO Newzip Alnur Kassim-Lakha Director Mile Rock Capital Amy Macken Senior Vice President, Due Diligence Operations Consolidated Analytics Anaid Chacón Senior Vice President of Product Argyle Mortgage Arkadiusz (..)

Real Estate 459

Real Estate Realty Project Management Realtors 459

Housing Wire

JUNE 30, 2023

million to settle allegations that it improperly originated and underwrote mortgages insured by the Federal Housing Administration (FHA) and Department of Veterans Affairs (VA) programs. Therefore, lenders must follow FHA and VA rules to ensure only loans that meet credit and underwriting criteria are insured or guaranteed by the government.

Government 392

Government Insurance Mortgage Legal 392

Housing Wire

APRIL 25, 2024

Department of Housing and Urban Development (HUD)’s Home Equity Conversion Mortgage (HECM) counseling program was cited as an example. This program provides counseling to all applicants of the federally insured reverse mortgage program, the Home Equity Conversion Mortgage program,” the report stated. “The

Mortgage 353

Mortgage Government Law Insurance 353

Housing Wire

JANUARY 5, 2022

But rather than adhering to the program, some mortgage servicers of FHA-insured loans allegedly sent borrowers notices that fail to mention the relief options, requiring paperwork and imposing qualifications that are not necessary under the FHA’s guidelines. FHA required mortgage servicers to implement the program by Oct.

Mortgage 493

Mortgage Insurance Design Government 493

Housing Wire

DECEMBER 14, 2023

The Federal Communications Commission (FCC) — the government regulatory body overseeing communications across a wide variety of media including radio, telephone cable and the internet — adopted a new series of rules on Wednesday designed to crack down on controversial lead generation methods, including “robocalling” and “robo-texting.”

Law 472

Law Insurance Design Government 472