Housing Wire

JANUARY 13, 2025

Once out of harms way, we encourage homeowners in these affected areas to contact their mortgage servicer to learn about relief options. If homeowners have been impacted by the fires, we encourage them to call their mortgage servicer for assistance as soon as possible, she said in a statement.

Mortgage 397

Mortgage Legal Insurance Development 397

Housing Wire

JUNE 4, 2024

With flood insurance premiums commanding ever-higher prices, a U.S. senator recently described a hardship faced by a constituent who endured challenges with higher flood insurance costs while keeping a reverse mortgage in good standing. And Cassidy shared another story of a constituent with a reverse mortgage on his home.

Insurance 448

Insurance Mortgage Property Taxes Modernization 448

Housing Wire

APRIL 3, 2025

The Federal Housing Administration (FHA) on Tuesday issued a waiver on quality control (QC) reviews for some newly distressed mortgages in Southern California as homeowners continue to grapple with the effects of the January 2025 wildfires. Insured losses are estimated at $45 billion. 1 and July 31, 2025. 1 and July 31, 2025.

Mortgage 269

Mortgage Design Insurance Development 269

Housing Wire

OCTOBER 4, 2023

As major home insurance carriers are increasingly pulling back their coverage options in disaster-prone areas, hundreds of thousands of people are moving to state-sponsored “last resort” insurance plans originally designed to offer a temporary fix. The plans were designed to be temporary safety nets,” the Journal report reads.

Insurance 468

Insurance Design Marketing Real Estate 468

Housing Wire

MARCH 6, 2025

The impacted presidentially declared major disaster area (PDMDA) has more than 100,000 FHA-insured mortgages. HUD is working with mortgage servicers and others to assess the extent of properties with FHA-insured mortgages in the designated area that have been severely damaged or destroyed, the department explained.

Insurance 358

Insurance Design Mortgage Development 358

Housing Wire

MARCH 21, 2025

housing market remains challenging for prospective buyers as concerns over mortgage rates , home prices and affordability persist in 2025. The affordability crisis extends beyond mortgage payments. ADUs are also gaining popularity as homeowners seek rental income to offset mortgage expenses. ADU is a big requirement now.

Loan Officers 335

Loan Officers Property Taxes Marketing Insurance 335

Housing Wire

APRIL 1, 2025

Last year, the office of the departments chief financial officer and its customer and design experience teams undertook an assessment of HUDs website alongside its Digital Experience Working Group, which was comprised of representatives from every program office. HUD has been on a yearslong road to modernize its technology systems.

Modernization 394

Modernization Insurance Technology Design 394

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 24, 2025

Fitch Ratings reported this week that recent natural disasters that have damaged thousands of homes and businesses including the Southern California wildfires and hurricanes Milton and Helene in the Southeast are not expected to heavily impact paid claims experience or credit ratings for mortgage insurers.

Insurance 370

Insurance Mortgage Real Property Design 370

Housing Wire

APRIL 18, 2025

First American Data & Analytics has launched a new product designed to help lenders identify title issues earlier in the mortgage and home equity loan process, with the goal of cutting delays and reducing closing times.

Tools 367

Tools Design Mortgage Business 367

Housing Wire

SEPTEMBER 26, 2024

Real estate data company StreetWire has partnered with Northern California MLS MetroList to produce an insurance product called Home Value Lock. It’s designed to protect homeowners from declining home values. Someone buys a house for $500,000 but then decides to sell due to a job relocation or an expanding family.

Home Value 435

Home Value Insurance Real Estate Design 435

Housing Wire

NOVEMBER 21, 2022

Homeowners with the Federal Housing Administration -insured mortgage financing will now be allowed to obtain private flood insurance policies, expanding consumer options to protect borrowers from the country’s major natural disaster. . billion, did not have the required NFIP coverage.

Insurance 370

Insurance Mortgage Realtors Design 370

Housing Wire

NOVEMBER 1, 2024

The Tech Trendsetters are made up of the top product and technology leaders who have been essential in bringing innovative tech solutions to market for mortgage and real estate clients.

Technology 435

Technology Realty Real Estate Development 435

Housing Wire

MAY 16, 2024

United Wholesale Mortgage (UWM) has launched a new service to handle all the title work for its brokers on refinancings. mortgage lender announced the service on Thursday during an annual meeting with its broker partners in Pontiac, Michigan. The top U.S. Department of Veteran Affairs (V.A.) loans but only for refinances.

Insurance 476

Insurance Agents Real Estate Agent Mortgage 476

Housing Wire

JUNE 13, 2022

Fannie Mae has executed its sixth Credit Insurance Risk Transfer (CIRT) deal of 2022, providing up to $725 million in mortgage-risk coverage as part of the agency’s ongoing effort to share risk with private-sector insurers. billion of insurance coverage on $675.9 billion of insurance coverage on $675.9

Insurance 397

Insurance Mortgage Design Finance 397

Housing Wire

JULY 3, 2024

Department of Housing and Urban Development (HUD) on Wednesday announced that it has released five new language translations for 19 separate single-family mortgage documents used for Federal Housing Administration (FHA)-insured mortgage servicing.

Mortgage 448

Mortgage Insurance Tools Law 448

Appraisal Buzz

APRIL 6, 2022

Insurance Office of America (IOA) is integrating SimplyIOA, an insurtech company with a fully integrated digital platform for comparing, quoting and purchasing homeowners insurance online quickly. SimplyIOA is designed for seamless integration into point-of-sale systems, loan origination servicing and self-servicing platforms.

Design 195

Design Insurance Mortgage Appraisal 195

Housing Wire

MARCH 31, 2025

Marine Samuel Royer has spearheaded efforts to pass the HELPER Act, a bipartisan bill designed to make homeownership more accessible for Americas civil servants including teachers, first responders, EMTs and law enforcement officers. This mirrors the benefits offered to military veterans through VA home loans.

Law 368

Law Design Insurance Government 368

Housing Wire

APRIL 1, 2025

An alternative home equity-tapping product backed by former executives from a reverse mortgage lender has been rolled out to several additional states, following an earlier move that secured hundreds of millions of dollars in financing. In 2013, Corn and his partners launched RMF , which became a leading reverse mortgage lender.

Insurance 248

Insurance Finance Investing Design 248

Housing Wire

JANUARY 5, 2022

Some Federal Housing Administration -approved mortgage servicers have routinely flouted the agency’s loan modification program, according to Washington, D.C. 21 letter that a number of mortgage servicers employed by FHA-approved lenders failed to adequately implement loan modification options the FHA introduced in July.

Mortgage 493

Mortgage Insurance Design Government 493

Housing Wire

APRIL 29, 2024

Intercontinental Exchange (ICE) introduced MSP Digital Experience (MSP DX), a conversational user interface designed to interact with the company’s leading mortgage servicing system, MSP. MSP DX provides servicing professionals with an intuitive, dynamic and conversational approach to working within MSP.

Mortgage 448

Mortgage Technology Training Valuation 448

Housing Wire

OCTOBER 22, 2024

To help overcome these obstacles, Sagent has created its Dara Loss Mitigation platform as a solution that modernizes how homeowners and mortgage servicers address financial hardship. The platform’s intelligent design is showcased by its ability to pre-populate borrower data, substantially reducing application completion time.

Mortgage 448

Mortgage Modernization Technology Design 448

Housing Wire

JULY 18, 2024

The Federal Housing Administration (FHA) this week published a new proposed policy for the Home Equity Conversion Mortgage ( HECM ) program, which would update the way debenture interest rates for HECM loans operate. But the U.S. Department of Housing and Urban Development (HUD) never fully implemented this.

Mortgage 445

Mortgage Design Insurance Lending 445

Housing Wire

NOVEMBER 1, 2022

Mortgage tech firms Mortgage Coach and Polly have teamed up on a new application programming interface (API) integration that guides borrowers through a visual representation of their loan options. The new API integration will feed real-time data from Polly’s cloud-based PPE into Mortgage Coach’s total cost analysis (TCA) presentation.

Mortgage 459

Mortgage Project Management Insurance Loan Officers 459

Housing Wire

JANUARY 10, 2024

University Bank ’s reverse mortgage division has added four key hires across different disciplines as it prepares to grow further in the reverse mortgage space. Both Droge and Olmos come to University Bank from Open Mortgage , which shuttered its own top 10 reverse mortgage lending division late last year.

Mortgage 468

Mortgage Lending Loan Officers Design 468

Housing Wire

DECEMBER 1, 2022

Sales Boomerang and Mortgage Coach announced an API integration between Mortgage Coach and SaaS technology provider Polly on Thursday. Now, lenders can merge the benefits of our high-performance PPE with Mortgage Coach’s ability to multiply borrower conversion,” said Adam Carmel, founder and CEO of Polly, in a statement.

Mortgage 435

Mortgage Technology Investing Design 435

Housing Wire

MARCH 11, 2024

Digital mortgage automation solution provider Floify launched a mortgage point-of-sale (POS) platform for lenders. Broker Edition is designed to provide an intuitive loan management portal for borrowers while making loan management simpler at an accessible price point.

Mortgage 448

Mortgage Loan Officers Real Estate Agent Design 448

Housing Wire

SEPTEMBER 6, 2024

In an industry where managing a web of technology vendors to support LO’s sales and marketing needs has become overwhelmingly complex, inefficient and creates unnecessary security and compliance risks, CANDID is quickly becoming a leader in transforming how mortgage lenders operate.

Mortgage 459

Mortgage Technology Tools Clients 459

Housing Wire

APRIL 29, 2024

The attorney general of Michigan has re-released a consumer alert about the reverse mortgage product category during financial literacy month. 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

Mortgage 448

Mortgage Property Taxes Design Insurance 448

Housing Wire

JULY 19, 2024

Late last month, Ginnie Mae released a term sheet for one of the most anticipated new developments for the reverse mortgage industry — a new Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) product referred to as “ HMBS 2.0.” To get a better idea of the potential impact that HMBS 2.0

Development 459

Development Mortgage Design Government 459

Housing Wire

SEPTEMBER 13, 2024

The Federal Housing Administration (FHA) this week published a newly proposed Mortgagee Letter on its Single Family Drafting Table , which would align mortgage borrowers and originators in their understanding of how much is owed on a partial claim. Stakeholders are invited to submit their comments on the proposal through Oct.

Insurance 459

Insurance Design Agents Mortgage 459

Housing Wire

MARCH 10, 2025

However, long-standing challenges still persist within foreclosure firms, title and escrow companies, and title insurance underwriters. Fortunately, information technology company Mortiles brings comprehensive solutions to the ever-changing title insurance, escrow and settlement arena. What drew you to the title search industry?

Technology 349

Technology Clients Real Estate Insurance 349

Housing Wire

JULY 19, 2022

Miami-based fintech Milo has closed $10 million in cryptocurrency mortgages since unveiling the product earlier this year, the company announced early Tuesday. The lender’s 30-year crypto mortgage is designed to make it easy for investors to use their digital holdings to acquire homes in the U.S. or pursue refinancing.

Mortgage 459

Mortgage Design Insurance Lending 459

Housing Wire

FEBRUARY 13, 2024

Mortgage tech firm TRAiNED Inc. Department of Homeland Security and title insurance company Charter Title. In 2017, Cunningham, de Jong and three others founded Sales Boomerang, an automated borrower intelligence and retention system for the mortgage industry. It aims to save clients an average of 15 hours per week on labor.

Training 448

Training Mortgage Design Insurance 448

Housing Wire

JANUARY 31, 2024

This is according to experts who spoke to personal finance website Bankrate about the concept of taking on a new mortgage in retirement. Age information is collected at the time of origination, but only for Home Mortgage Disclosure Act (HMDA) purposes. 30-year mortgages were never meant to be for them. So she was approved.”

Property Taxes 435

Property Taxes Mortgage Design Finance 435

Housing Wire

NOVEMBER 1, 2024

That can include being a housing market expert and advising clients on the best times to list or buy a home; having referrals handy for inspections, repairs, staging and photography; understanding the mortgage origination process; and more. Associate broker: An associate broker works under the supervision of a designated or managing broker.

Real Estate 448

Real Estate Real Estate Agent Agents Brokerage 448

Housing Wire

SEPTEMBER 23, 2020

There’s a mainstay in mortgage finance poised to help in working from home. The Federal Housing Administration’s 203(k) rehabilitation mortgage insurance program is designed for borrowers to renovate when they purchase or refinance.

Renovations 544

Renovations Insurance Home Improvement Design 544