Housing Wire

JANUARY 24, 2024

Government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac announced this week the release of their “Mission Index,” updating or expanding their single-family social bond framework to better communicate the goals of the index to stakeholders and investors. The GSEs issued separate announcements and a joint statement.

Investors 418

Investors Lending Finance Design 418

Housing Wire

OCTOBER 30, 2024

A California regulator has revoked the residential mortgage lending license of LoanSnap , the latest in a series of difficulties for the fintech lender. That policy, which is designed to protect consumers from lender fraud and financial risk, expired in early August.

Landlords 396

Landlords Loan Officers Lending Contracts 396

Housing Wire

APRIL 13, 2023

Wholesale lending is great for helping serve underserved borrowers. The wholesale channel has the ability to offer borrowers a variety of choices, with access to many different bank and lending programs. As a CDFI (Community Development Financial Institution) — a designation given by the U.S.

Marketing 358

Marketing Lending Design Development 358

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.

Lending 303

Lending Housing Market Technology Business 303

Housing Wire

JULY 23, 2021

Acra Lending is doing what it can to help free up inventory. Acra’s jumbo prime mortgage solution is designed to provide borrowers with the larger loan amounts needed to purchase a high-value property, with loan amounts up to $3 million. Acra Lending plans to launch its fix’n’flip loan program in the coming weeks. Fix’n’flip.

Housing Market 459

Housing Market Marketing Inventory Lending 459

Housing Wire

SEPTEMBER 24, 2021

As investors recognize the potential these older properties hold and the inventory and profits they could open up in such a red-hot housing market, demand for older, more distressed properties should increase. Traditional lending approaches are time-consuming when it comes to fix-and-flip properties. The only problem?

Lending 392

Lending Renovations Finance Investors 392

Housing Wire

MAY 24, 2021

Notable in light of the current servicing challenges facing the industry, Stavvy’s eClosing technology is designed to facilitate faster borrower communication and closings as servicers work through loan modifications, referrals and forbearance. Presented by: Sagent Lending Technologies.

Technology 385

Technology Lending Investors Modernization 385

Housing Wire

APRIL 23, 2024

The rule is designed to “protect the millions of workers who are saving for retirement diligently and rely on advice from trusted professionals on how to invest their savings,” DOL said in its announcement. Retirement investors are best protected by a uniform and protective framework.”

Investing 362

Investing Investors Design Government 362

Housing Wire

NOVEMBER 29, 2023

Encompass by ICE Mortgage Technology is designed to enable users to manage their entire lending workflow in one place, from the customer’s initial point of thought through investor delivery. Every lender and investor has their own unique approach to doing business and their own mix of channels they utilize.

Technology 383

Technology Mortgage Lending Business 383

Housing Wire

JANUARY 28, 2021

Separate to the Homepoint IPO, Home Point Capital raised $500 million in a debt offering earlier this month, returning half of the proceeds to original investors and shareholders affiliated with its private equity backers. Mortgage Tech Demo Day. a share.

Retail 534

Retail Lending Valuation Mortgage 534

Housing Wire

JANUARY 27, 2021

Roostify, which powers the digital mortgage platforms of JPMorgan Chase , TD Bank , Guild Mortgage , HSBC Bank USA and more, allows different lending parties to bring in data and information from online sources that then tailors the homebuying process.

Lending 326

Lending Technology Loan Officers Investors 326

Housing Wire

JUNE 15, 2021

Sprout said it intends to grow its retail channel through increased direct sales to consumers and residential investors, dedicated retail facilities, and joint ventures. In the last six months, Sprout has unveiled a series of new products for it non-QM program , resumed correspondent lending.

Retail 352

Retail Mortgage Legal Lending 352

Housing Wire

OCTOBER 6, 2020

Purveyors of very complex financial instruments, sold to risk-averse investors under the careful oversight of government regulators, have given us a process that must conform to investor and regulatory compliance requirements. Lending technology out of focus. We have fared much better on the automation side.

Technology 474

Technology Mortgage Investors Investing 474

Housing Wire

SEPTEMBER 20, 2022

But recently a new factor is accelerating the problem — massive purchases of single-family homes by larger investors. In Texas, for example, major institutional investors bought 28% of the single-family homes sold in 2021. Nationally, institutional investors are buying over 13% of homes, and that share is increasing.

Investors 422

Investors Landlords Inventory Buyers 422

Housing Wire

OCTOBER 23, 2020

As this settlement demonstrates, we are committed to holding mortgage lenders accountable when they choose to abuse the integrity of vital government programs that are designed to assist homeownership,” U.S. Through Guild Holdings, the lender’s management and the private equity investors planned to issue 8.5

Mortgage 502

Mortgage Government Retail Lending 502

Housing Wire

JUNE 8, 2021

One issue is that among the low inventory, there are even fewer homes that are move-in ready, said Keith Lind, executive chairman and president of Acra Lending. “We According to Lind, one way for existing housing stock to be expanded and improved upon is through investors or developers using fix’n’flip loans.

Inventory 351

Inventory Renovations Lending Construction 351

Housing Wire

SEPTEMBER 8, 2022

Well, it isn’t 2008, but this type of loan does have risk — and it’s the risk that is traditional among all late economic cycle lending in America when the loan requires low or no downpayment. The entire system has to be designed to inflate the price over time. Remember, the system is designed to keep home prices inflated.

Inventory 543

Inventory Law Housing Market Design 543

Housing Wire

SEPTEMBER 29, 2022

MAXEX , a major mortgage trading and aggregating platform, has unveiled a series of new programs designed to serve originators and loan buyers in the growing non-QM lending market. MAXEX is an Atlanta-based fintech company that is backed by leading private-equity and capital-markets investors, including J.P. Morgan Chase.

Marketing 342

Marketing Investors Design Lending 342

Housing Wire

MAY 27, 2022

The designers historically have been unwilling to tell lenders all the factors used and how they are weighted,” Kully said. In his own statement Thursday, Chopra said companies have “legal responsibilities when they let a black-box model make lending decisions.”. Presented by: Mortgage Coach.

Law 445

Law Valuation Legal Government 445

Housing Wire

MARCH 5, 2024

The end-to-end, real-time capabilities of Dara improve every point of the servicing industry for every stakeholder, including operators, consumers, investors, and regulators. Dara is designed to be proactive when it comes to real-time policymaking. Sagent has shifted the servicing paradigm with its launch of Dara.

Modernization 393

Modernization Investors Design Tools 393

Housing Wire

JULY 19, 2022

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. Miami-based fintech Milo has closed $10 million in cryptocurrency mortgages since unveiling the product earlier this year, the company announced early Tuesday.

Mortgage 435

Mortgage Design Insurance Lending 435

Housing Wire

SEPTEMBER 13, 2023

CAPE Analytics has unveiled a new, AI-powered , automated property condition report (aPCR) tool crafted for institutional lenders, whole loan investors, and real estate investors. The data can also be accessed via an API, in bulk data, or through a dynamic web application.

Tools 386

Tools Valuation Inspection Investors 386

Housing Wire

JUNE 11, 2024

Developed over the past two years, the newly rebranded Flyhomes portal is proprietary technology that was designed under the guidance of ZeroDown co-founders Laks Srini and Abhijeet Dwivedi, who have joined Flyhomes as chief technology officer and chief growth officer, respectively. How does the job market here compare to other cities?”

Real Estate 383

Real Estate Real Estate Agent Technology Design 383

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 Design 529

Housing Wire

MAY 25, 2022

There is also the matter of efficiency versus increased lending cost. With so many different types of borrowers beginning to look towards non-QM for their lending needs, LOs and brokers are wise to incorporate a diverse set of loan options. With non-QM in a current transition state, forecasting future demand levels can be tricky.

Lending 379

Lending Investing Loan Officers Design 379

Housing Wire

NOVEMBER 1, 2022

Lenders invest significant time and money into building diverse portfolios of loan products designed to meet borrowers’ unique needs, yet those products often sit underutilized,” Mortgage Coach and Sales Boomerang Chief Lending Officer Joe Puthur said in a statement.

Mortgage 403

Mortgage Project Management Insurance Loan Officers 403

Housing Wire

JUNE 7, 2024

Its investors included Virgin Group , led by British business magnate Richard Branson; Liquid 2 Ventures , led by former NFL star Joe Montana; and LinkedIn co-founder Reid Hoffman. The regulator also charged the company with violations of the Truth in Lending Act and Fair Credit Reporting Act.

Legal 403

Legal Landlords Loan Officers Mortgage 403

Housing Wire

OCTOBER 3, 2022

Encompass by ICE Mortgage Technology is the industry’s most complete end-to-end solution that provides the flexibility and configurability needed to deliver a next-generation lending experience for every channel, all from a single system of record.

Technology 294

Technology Mortgage Lending Investors 294

Housing Wire

DECEMBER 1, 2020

Flagstar Bank and the FinTech Consortium revealed that fintech startups Home Lending Pal , Stavvy and Real Key are the latest initiates to the companies’ ongoing MortgageTech Accelerator program. Explore three steps that enable technology to work more efficiently, which helps drive profitability. Presented by: Total Expert.

Mortgage 309

Mortgage Lending Technology Investors 309

Housing Wire

SEPTEMBER 4, 2024

. “I am thrilled to bring my decades of experience in real estate finance to Pretium as the company scales its efforts in real estate debt, and continues to create value for homebuilders, investors and communities,” Kulvin said. The company said at the time that it had acquired more than 7,500 BTR homes in 11 states.

Finance 364

Finance Real Estate Investing Development 364

Housing Wire

OCTOBER 5, 2023

As the housing market suffers through a drought of home sales and related mortgage originations in the current high-rate environment, home prices and home equity continue to climb, helping to spark a revival of another sector — home equity lending and investment. billion, according to a review of bond-rating and industry reports.

Housing Market 408

Housing Market Marketing Contracts Finance 408

Housing Wire

OCTOBER 24, 2024

Aligned with their success’ These protections are designed to signal that brokers can have more trust when bringing their business to Mutual of Omaha, according to reverse division president Alex Pistone. “As We have been the fastest-growing wholesale investor in the space over the past couple of years,” he said. “If

Client Relationships 398

Client Relationships Clients Investors Business 398

Housing Wire

APRIL 26, 2022

A rising player in the world of crypto-mortgages and blockchain-enabled financing, LoanSnap, plans expand its reach in the market by opening its lending platform to licensed mortgage brokers across the country in the near future. The financing for the initial deal was handled through a cryptocurrency lender called Helio Lending.

Mortgage 469

Mortgage Technology Investing Investors 469

Housing Wire

OCTOBER 14, 2020

This article was written for FinLedger, HW Media’s new fintech focused news brand designed specifically for financial services professionals in banking, payments, insurance and proptech. KBV Research predicts the global market for digital lending platforms , including those geared toward mortgages, will reach $11.6

Insurance 358

Insurance Technology Lending Real Estate Agent 358

Housing Wire

DECEMBER 10, 2021

“If you look in the last 15 to 20 years, the self-employed portion of the country has been increasing every year,” said Keith Lind, executive chairman and president of Acra Lending (formerly known as Citadel Servicing ). The pandemic has only accelerated that, with more people self-employed or wanting to be entrepreneurs.

Lending 492

Lending Finance Mortgage Government 492

Housing Wire

JUNE 26, 2023

Several of MAXEX’s existing investors, including J.P. In September 2022, the digital mortgage platform unveiled a series of new programs designed to serve originators and loan buyers in the growing non-QM lending market. The companies claim they collectively serve more than 500 market participants.

Investing 302

Investing Investors Design Mortgage 302

Housing Wire

JULY 18, 2024

Debenture interest refers to the percentage of a return that an investor would receive for lending money through a debenture. These changes are designed to “reaffirm” FHA’s commitment to the HECM program, as well as its long-term stability, the ML explained. 19, 2017, which went into effect later that year.

Mortgage 340

Mortgage Design Insurance Lending 340