Housing Wire

SEPTEMBER 26, 2023

Acra Lending , a private mortgage lender, announced its integration with Tavant ’s Touchless Lending Collateral Analysis. This partnership marks a milestone in Tavant’s expansion into non-QM lending. Collateral Analysis is a proprietary product of Tavant’s Touchless Lending automation platform.

Lending 365

Lending Technology Design Investors 365

Housing Wire

APRIL 11, 2024

Figure Technology Solutions (FTS), the parent company of Figure Lending LLC , announced on Thursday that it will begin making its Digital Asset Registration Technologies (DART) platform — which it describes as “a combined lien and eNote registry service” — available to private and wholesale lending partners.

Lending 320

Lending Technology Design Buyers 320

Housing Wire

JULY 11, 2024

This process is designed to capture detailed property characteristics, floor plans, and high-quality photos. This enhancement in efficiency is driven by an intuitive system designed to simplify workflows for both appraisers and lenders.

Lending 378

Lending Appraisal Appraisal Process Valuation 378

Housing Wire

FEBRUARY 27, 2023

RMK Financial Corporation , which does business as Majestic Home Loans , has been permanently banned by the Consumer Financial Protection Bureau (CFPB) from the mortgage lending industry following a series of repeat offenses — which occurred despite the CFPB’s law enforcement order issued in 2015. government.

Lending 371

Lending Advertising Mortgage Government 371

Housing Wire

NOVEMBER 3, 2023

Non-bank originator Change Lending will continue to originate non-qualified mortgages ( non-QMs ) for underserved borrowers after it reached a tentative deal with the U.S. Change is proud to be certified as a CDFI and to continue our mission,” Carlos Salas, CEO of Change Lending, said in a statement.

Lending 381

Lending Finance Legal Contracts 381

Housing Wire

JULY 10, 2024

The complexities of Non-QM lending demand a strategic approach that combines innovation, efficiency, and resilience. Acra Lending has positioned itself at the forefront of this sector by investing in its workforce, optimizing processes, leveraging cutting-edge technology, and building a robust infrastructure. Craig Timmins.:

Lending 343

Lending Technology Training Investing 343

Housing Wire

OCTOBER 10, 2023

“Our Marketplace unites a multitude of industry-leading solutions with the MeridianLink One platform to deliver exceptional consumer experiences and streamline contemporary lending processes,” Megan Pulliam, SVP of MeridianLink Marketplace, said in a statement.

Lending 356

Lending Technology Design Mortgage 356

Housing Wire

DECEMBER 24, 2021

Last week’s announcement from the Department of Housing and Urban Development cleared the way for lenders to adopt targeted lending programs, but so far, they are treading carefully. Special purpose credit programs allow lenders to target loan products to benefit protected classes without running afoul of fair lending law.

Lending 376

Lending Finance Development Law 376

Housing Wire

NOVEMBER 30, 2022

A recent lawsuit filed by Banc of California is claiming that mortgage lenders and servicers Sprout Mortgage (now defunct) and Planet Home Lending owe $1.5 million related to the proceeds of two notes it owned and funded. District Court in the Central District of California, Southern Division. Zillow shows the estimated price is $26.5

Lending 368

Lending Mortgage Design Business 368

Housing Wire

DECEMBER 7, 2021

So mortgage lending morphed from a trust-based system to what could be called a “trust, but verify” model, to coin a favorite Russian proverb of Reagan’s. The problem with the “trust, but verify” model, which is still used by many lending institutions today, is that it’s time-consuming and expensive.

Lending 379

Lending Mortgage Landlords Design 379

Housing Wire

MARCH 31, 2023

The Consumer Financial Protection Bureau (CFPB) has finalized the rule on small business lending, which fulfills a mandate from Congress and aims to increase transparency while mitigating discrimination. For decades, the government has assembled data pursuant to Congressional mandates on residential mortgages,” the CFPB said.

Lending 320

Lending Business Government Design 320

Housing Wire

DECEMBER 10, 2024

announced this week the appointment of Gabe Bodner to the head of its 55-plus lending division which includes its reverse mortgage business. James Hecht, the companys CEO , said, We are confident that Gabes leadership will bring fresh energy and innovative strategies to our 55-plus lending division.

Lending 293

Lending Clients Training Mortgage 293

Housing Wire

JUNE 6, 2023

In honor of National Homeownership Month, Chase Home Lending unveiled on Tuesday an upgraded suite of resources for homebuyers to assist in navigating the homebuying process and managing homeownership. We’re excited for consumers to explore our updated offerings and engage with tools that can help them achieve homeownership.”

Lending 307

Lending Buyers Tools Design 307

Housing Wire

FEBRUARY 12, 2024

The Federal Financial Institutions Examination Council (FFIEC) on Monday issued a statement outlining examination principles related to valuation and appraisal discrimination or bias in residential lending. FFIEC is a federal interagency coalition consisting of the Federal Reserve Board of Governors (FRB), the Federal Deposit Insurance Corp.

Valuation 379

Valuation Appraisal Law Design 379

Appraisal Buzz

AUGUST 19, 2024

(ICE) has released new enhancements to its Encompass digital mortgage lending platform designed to help lenders improve productivity and lower operational costs. The most recent Encompass update features expanded capabilities for mortgage originators to offer beneficial affordable lending solutions for their customers.

Lending 195

Lending Mortgage Design Finance 195

Housing Wire

APRIL 24, 2024

Figure Technology Solutions , the parent company of Figure Lending LLC , named Michael Tannenbaum as its new CEO, the company announced on Tuesday. Earlier this month, Figure launched its Digital Asset Registration Technologies (DART) platform, making it available to private and wholesale lending partners.

Technology 364

Technology Lending Design Finance 364

Appraisal Buzz

DECEMBER 9, 2024

Newfi Lending has launched a redesigned website that features a new calculator that aims to simplify the decision-making process for customers when researching their home equity options. This enhancement was designed to help customers get answers at their fingertips and make informed decisions with confidence.

Lending 195

Lending Modernization Design Investing 195

Housing Wire

DECEMBER 30, 2022

At a small mortgage banker, leadership has to know all aspects of lending. Chris Mozilo: If I didn’t go into mortgage lending, I would have likely become an architect. I always enjoyed beautiful and simple designs. The design of a room or building must be based the function of the space. Those five years were my Ph.D.

Architecture 383

Architecture Design Lending Housing Market 383

Housing Wire

NOVEMBER 13, 2023

In the world of mortgage lending, there’s an all-too-common sentiment that echoes through the industry: “My loan origination system (LOS) sucks.” In reality, the LOS is not the problem; the technology is doing exactly what it was designed to do. The LOS is a foundational piece of technology for every lender.

Technology 389

Technology Design Lending Real Estate Agent 389

Housing Wire

SEPTEMBER 23, 2020

The Federal Housing Administration’s 203(k) rehabilitation mortgage insurance program is designed for borrowers to renovate when they purchase or refinance. Homeowners are serious about dedicating room for work. There’s a mainstay in mortgage finance poised to help in working from home. The rest of this content is for HW+ members.

Renovations 541

Renovations Insurance Home Improvement Design 541

Housing Wire

JANUARY 10, 2024

Blue Sage Solutions’s primary product offering is a cloud-based digital lending platform designed to operate in the retail, wholesale, and correspondent lending channels while ensuring compliance. Additionally, the platform is accessible to all users, regardless of their current loan origination software.

Retail 381

Retail Lending Design Technology 381

Housing Wire

DECEMBER 10, 2020

The country was in the middle of the financial crisis, as the consequences of the deceptive mortgage lending practices from all the years prior came crashing down. This unconventional monetary policy is designed to encourage lending and investment, adding money back into the economy and lowering interest rates.

Marketing 459

Marketing Lending Design Government 459

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

Appraisal Buzz

SEPTEMBER 30, 2024

M2 Lending Solutions is using LenderLogix ’ mortgage point-of-sale and automation software to provide an automated, digital-first borrower experience. Specifically, M2 lending has implemented LenderLogix’ QuickQual, LiteSpeed, and Milestone Text Updates solutions to provide borrowers high-touch, white-glove service.

Lending 195

Lending Real Estate Agent Loan Officers Modernization 195

Housing Wire

JANUARY 10, 2024

Both Droge and Olmos come to University Bank from Open Mortgage , which shuttered its own top 10 reverse mortgage lending division late last year. Certifications, reverse posture Haviland and Droge have certified reverse mortgage professional (CRMP) designations from the National Reverse Mortgage Lenders Association (NRMLA).

Mortgage 416

Mortgage Lending Loan Officers Design 416

Housing Wire

APRIL 17, 2024

Tennessee-based multichannel mortgage lender First Community Mortgage announced on Wednesday that it has selected the Blue Sage Solutions digital lending platform and its LION Consumer POS to help scale its growth efforts across the 48 states it operates in. In FCM’s case, this also includes interim servicing.

Business 419

Business Loan Officers Mortgage Lending 419

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

DECEMBER 11, 2023

fair lending laws has been on regulators’ radar in recent years. fair lending laws by discriminating against African American and female borrowers in the granting of pricing exceptions based upon competitive offers from other institutions. The CFPB has been tightening its screws on fair lending practices.

Mortgage 442

Mortgage Lending Law Loan Officers 442

Housing Wire

NOVEMBER 7, 2024

For homeowners with conventional loans backed by Fannie Mae and Freddie Mac , insurance at replacement cost is mandatory, but flood insurance is only required in designated flood zones. Others say homeowners insurance wasn’t designed around catastrophe risk — it was designed around idiosyncratic storms or trees falling on roofs.

Insurance 470

Insurance Supply Chain Real Estate Design 470

Housing Wire

MARCH 12, 2024

The Blueprint Builder features more than 60 third-party integrations, allowing lending teams to connect with other pieces of their workflow, from credit and verifications to pricing and disclosures. Wells Fargo -backed mortgage fintech Maxwell rolled out a point-of-sale (POS) feature that offers tailored workflows and integrations.

Technology 372

Technology Retail Lending Design 372

Housing Wire

AUGUST 12, 2024

California -based HighTechLending , a top-10 lender in the reverse mortgage industry, recently announced that it was rebranding its wholesale channel to American Senior Lending Wholesale Division in an effort to better align its identity with key business lines designed to serve older borrowers.

Lending 392

Lending Design Loan Officers Business 392

Housing Wire

MARCH 8, 2024

And the FDIC reported that home loans are the largest lending segment by dollar volume at more than 40% of community banks. residential mortgage servicers, received an equity investment of $1 billion earlier this month that is designed to strength the bank’s balance sheet. banks moved away from commercial real estate lending.

Real Estate 468

Real Estate Insurance Lending Retail 468

Housing Wire

OCTOBER 12, 2023

Customer engagement platform Total Expert ‘s customer intelligence and mortgage tech firm Polly ‘s product and pricing engine (PPE) will help California-based lender Mountain West Financial identify lending opportunities from its existing database. billion in generated loan application volume, and $6.7

Loan Officers 408

Loan Officers Modernization Lending Design 408

Housing Wire

APRIL 28, 2023

Digital lending solutions provider DocMagic announced this week that it has added ADA-compliant mortgage loan documents to its document library. Much of modern lending technology is designed to give consumers the convenience to access loan documents in the ways that work best for them.

Design 299

Design Lending Technology Modernization 299

Housing Wire

OCTOBER 12, 2023

Wholesale lender The Loan Store launched a consumer rewards program designed to help mortgage brokers offer competitive mortgage rates. In April, the lender bought the wholesale lending business from the now-defunct Home Point Capital.

Lending 385

Lending Design Government Tools 385

Housing Wire

AUGUST 6, 2024

Lower continues to make moves designed to support its expansion efforts, hiring former Waterstone Mortgage executive Dustin Owen as its new divisional sales leader and senior vice president of growth. But when I look at the future of mortgage lending, I do believe our industry is going the way of the banking industry.

Lending 381

Lending Loan Officers Modernization Mortgage 381

Housing Wire

OCTOBER 15, 2024

“There’s a growing curiosity about integrating reverse mortgage capabilities into existing lending platforms. This interest aligns with efforts designed to standardize reverse mortgage data, the company noted. Part of this includes lowering the barrier to entry for new players in the reverse mortgage space.

Mortgage 403

Mortgage Lending Development Design 403