Housing Wire

NOVEMBER 12, 2024

Finance of America (FOA), the leading reverse mortgage lender, presented a robust outlook last week in its third-quarter 2024 earnings and is aiming to hit the ground running with business in 2025. The product was first introduced in 2018, marking the industry’s first-ever second-lien reverse mortgage option.

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Modernization Mortgage Design Advertising 370

Appraisal Buzz

JANUARY 10, 2025

In the modern mortgage industry, lenders are not just setting themselves apart on who has the best Super Bowl ad or the biggest branch footprint, but increasingly also on their approach to technology. Lenders as Tech Providers in the New Era of Mortgage As we move into the era of mortgage digitalization 2.0,

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Architecture Mortgage Technology Modernization 397

Housing Wire

DECEMBER 27, 2024

Reverse mortgage business and mortgage business generally is not where people want it to be. That was a repeated idea shared by a group of reverse mortgage professionals when asked to assess what they see as the biggest industry challenges of the year. I think that’s true from an industry standpoint.

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Housing Wire

FEBRUARY 6, 2025

Interestingly, Batey noted that he and his office have observed a higher level of interest in reverse mortgages from seniors in the area. HousingWire s Reverse Mortgage Daily (RMD) reached out to Batey and did not receive an immediate reply. It had been right at $48,000 last year, but the commission approved to update that to $60,000.

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Property Taxes Mortgage Design Marketing 444

Housing Wire

JUNE 13, 2024

Multichannel mortgage lender New American Funding (NAF) announced this week the relaunch of its initiative designed to recruit, educate and expand loan officer understanding around issues faced by borrowers of color as “ NAF Black Impact.” For us, this is much more than a rebrand of the initiative.

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Design Bracketing Loan Officers Real Estate Agent 459

Appraisal Buzz

NOVEMBER 26, 2024

As 2025 draws near, mortgage rates are once again in the news. Mortgage Rates to Drop, Increase, & Drop Again in 2025 Although there are indications that mortgage rates may ease in 2025, as we witnessed in 2024, mortgage rates rarely move in the anticipated direction.

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Housing Market Tenants Marketing Mortgage 396

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.

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Mortgage Technology Clients Tools 410

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.

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Mortgage Legal Insurance Development 397

Housing Wire

NOVEMBER 7, 2024

Guild Mortgage CEO Terry Schmidt said during a third-quarter earnings call on Wednesday that Guild’s reverse mortgage division continues to contribute to companywide strategies, and that additional interest in reverse has been observed. The aging and demographics [provide] great opportunity.

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Mortgage Lending Investing Design 370

Housing Wire

MARCH 19, 2025

Cardinal Financial Wholesale has introduced Cardinal Complete, a new loan processing solution aimed at streamlining operations for mortgage brokers. The platform offers an end-to-end processing service designed to reduce administrative burdens and improve efficiency from application to closing.

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Mortgage Design Lending 259

Housing Wire

OCTOBER 18, 2024

As mortgage rates fluctuate based on decreasing housing inventory volume, the appraisal market is more volatile than ever in key areas such as urban and rural communities states like California and Texas. Managing appraisal orders, tracking status, and QC aren’t a problem for a system designed to make lenders’ lives easier.

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Appraisal Process Appraisal Real Estate Inspection 448

Housing Wire

FEBRUARY 6, 2025

Describing the modern-day mortgage market as challenging would be an understatement, to say the least. Mortgage interest rates have steadily ramped up throughout 2024. The average rate throughout 2024 for 30-year fixed mortgages was 6.72% higher than it was during the 2008 market crash.

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Mortgage Training Construction Investors 343

Housing Wire

NOVEMBER 7, 2024

Not long ago, homeowners insurance was a minor concern for most homebuyers, real estate agents and mortgage originators. Impacts to mortgage credit Banks, insurers and regulators have long acknowledged that climate risks could threaten mortgage borrowers’ creditworthiness.

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Insurance Supply Chain Real Estate Design 482

Housing Wire

MARCH 4, 2025

Xactus has become the first technology partner to introduce the FICO Score Mortgage Simulator, a new tool designed to help lenders and borrowers understand how credit decisions impact mortgage eligibility. The simulator, developed by FICO , is the only mortgage industry tool that uses FICO scores and FICO score algorithms.

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Mortgage Tools Design Technology 291

Housing Wire

DECEMBER 9, 2024

The reverse mortgage division of Rate formerly known as Guaranteed Rate recently announced the hiring of reverse industry veteran Jesse Allen as the president for Rates reverse lending division as the company heads into 2025. Naturally, this includes reverse mortgages, he explained. That role is an active one, Allen said.

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Mortgage Clients Lending Design 370

Housing Wire

OCTOBER 15, 2024

The new guidelines are designed to make it easier for consumers to revoke consent for unwanted robocalls and texts. The effective date for the new rule is April 11, 2025, giving the mortgage and real estate industries roughly six months to become compliant. The Homebuyers Privacy Protection Act of 2024, a U.S.

Design 482

Design Real Estate Business Mortgage 482

Housing Wire

NOVEMBER 15, 2024

In most of our remodeling, we use a design technique called Universal Design,” said Brian Harvey, owner of Boston-area business Harvey Home Modifications. That essentially is a design that will serve anyone of any physical capability in the house.”

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Design Renovations Retail Home Improvement 435

Housing Wire

OCTOBER 21, 2024

Robert Gordon, a senior vice president at the American Property Casualty Insurance Association , told the Journal that mortgage lenders need to be more involved in these processes. But the dynamics are evolving, and the fallout from storms like Helene and Milton are playing havoc with the intersection between mortgage and insurance.

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Insurance Real Estate Agent Construction Development 497

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. The request was pending, but the license was suspended in July.

Landlords 448

Landlords Loan Officers Lending Contracts 448

Housing Wire

DECEMBER 11, 2024

Real estate website design is evolving fast. In 2025, effective websites leverage beautiful imagery, videography, graphics, copywriting, captivating typography and user experience design (UX) to educate buyers and sellers and sell you as a hyper-local market expert and trusted advisor. Great design ensures that they wont.

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Design Real Estate Brokerage Realty 396

Housing Wire

MARCH 5, 2025

PennyMac Financial Services , one of the nations largest mortgage lenders and servicers, on Wednesday announced a partnership that will give the company a high level of visibility during the 2028 Olympic Games in Los Angeles. California-based Pennymac will be the official mortgage supporter of the U.S. The company closed $115.1

Design 382

Design Tools Mortgage Finance 382

Housing Wire

JANUARY 22, 2025

Rocket Companies today announced the launch of Rocket.com, officially putting Rocket Mortgage and Rocket Homes on the same platform. Rocket.com is designed for serious buyers and sellers, offering a streamlined path to homeownership, said Jamie Belsky, chief product and design officer at Rocket.

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Real Estate Agent Design Real Estate Clients 370

Housing Wire

MARCH 12, 2025

ICE Mortgage Technology has added new analysis tools, expanding its technology portfolio that’s designed to simplify underwriting and post-closing review processes. ICE’s Audit Analyzer is designed to improve post-closing quality control. ” . ”

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Tools Technology Mortgage Design 221

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.

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Insurance Design Mortgage Development 358

Appraisal Buzz

FEBRUARY 27, 2025

Mortgage Capital Trading (MCT) has released a new AI adviser for mortgage capital markets called Atlas. platform, Atlas serves as a virtual capital markets expert and educational resource for MCTs mortgage lender clients. Now available within the MCTlive!

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Marketing Mortgage Training Clients 259

Housing Wire

OCTOBER 28, 2024

“From loan officers to secondary marketing teams and investors, we empower mortgage professionals with tools designed to maximize their profitability on every loan transaction.” ” The announcements were made at MBA Annual in Denver.

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Loan Officers Investors Clients Design 432

Housing Wire

MARCH 26, 2025

The Mortgage Bankers Association (MBA) supported the UDAP policy reversal, arguing that avoided unnecessary oversight and cost increases for consumers and lenders. Ending SPCPs means eliminating initiatives designed to provide targeted financial assistance such as loans or credit to historically underserved or disadvantaged groups.

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Mortgage Tools Lending Finance 284

Housing Wire

JUNE 21, 2024

” According to the announcement released on Tuesday, real estate and mortgage firms can incorporate Identify throughout the consumer experience to verify or reconfirm a person’s identity for any information-sensitive transaction.

Design 448

Design Tools Clients Government 448

Housing Wire

NOVEMBER 15, 2024

Buyers using this incentive can qualify for either a 3/2/1 rate buydown on a 30-year FHA Fixed-rate Mortgage or a 3/2/1 rate buydown on a 30-year conventional fixed-rate mortgage. But in Greater Austin , the “Holiday of Homes” offers flex cash — which can be used towards design selections or structural options — and financing.

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Retail Finance Development Real Estate 418

Housing Wire

OCTOBER 31, 2024

Certainty is used by mortgage lenders and valuation providers, and ClearValue’s partnership with Restb.ai is designed to allow an AI-powered system to analyze photos of a property for identification and verification purposes. Restb.ai’s technology will be compatible with broker price opinions, appraisals, inspections and forms.

Appraisal Process 459

Appraisal Process Appraisal Valuation Review Valuation 459

Housing Wire

NOVEMBER 12, 2024

This comes from a new survey by Down Payment Resource — a nationwide database designed to connect prospective homebuyers to financial assistance opportunities. In 2024, second-lien mortgage programs (20) stand out with the highest number of veteran-tailored DPA programs.

Design 397

Design Realtors Finance Mortgage 397

Housing Wire

NOVEMBER 20, 2024

In today’s economy, mortgage rates and housing expenses have consistently risen. However, homeowners have a unique advantage with home equity products—designed to let residents tap into their home’s equity for cash. Mortgage professionals must keep up with the new demand for home equity products in the new market.

Finance 370

Finance Marketing Lending Mortgage 370

Appraisal Buzz

MARCH 4, 2025

The mortgage industry has traditionally been dominated by men, and although we have made laudable progress, women in our space still face challenges in terms of pay equity, bias, and advancement. Women do hold a dominant percentage of Mortgage Processor positions, at 78%, and 56% of marketing positions.

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Lending Mortgage Loan Officers Architecture 221

Housing Wire

JANUARY 17, 2025

In a changing real estate market , mortgage lenders face increasing demand. If high mortgage rates and increased liquidity management arent challenging, then regulatory changes, operation inefficiencies, and economic uncertainty are enough. Fortunately, SitusAMC can handle that, letting mortgage originators focus on their goals.

Marketing 368

Marketing Real Estate Tools Investors 368

Housing Wire

MARCH 4, 2025

Top five reverse mortgage lender Finance of America (FOA) announced on Tuesday the hiring of two new executive leaders to modernize the companys digital and customer experience strategies. “These executive appointments are crucial for Finance of Americas objective to redefine the reverse mortgage experience.

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Modernization Technology Finance Design 344

Housing Wire

MARCH 17, 2025

If a condo is on this list, its significantly harder for prospective buyers to get a mortgage, making it nearly impossible to sell. Many condos are being added to a “blacklist” by Fannie Mae due to the properties not having enough insurance or needing major repairs. Some lenders and insurers have abandoned markets altogether.

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Insurance Design Tools Sellers 334

Housing Wire

MAY 8, 2024

Fannie Mae announced on Wednesday the availability of a new web-based option for its income calculator tool, which is designed to “help mortgage professionals serve the growing number of mortgage applicants in the U.S. The new option for the tool is available at no additional cost and can be accessed via the company’s website.

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Mortgage Design Tools Technology 468