Housing Wire

JUNE 25, 2024

Anaheim, California -based nonbank Change Lending on Tuesday announced the hiring of Madison Simm as its new chief financial officer. He comes to Change Lending after a stint as president of real estate at Texas Capital Bank. I am thrilled to join Change Lending as CFO,” Simm said. Department of the Treasury since 2018.

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Housing Wire

MARCH 11, 2025

Tomo Mortgage on Tuesday announced the closure of $20 million in Series B funding that was led by three existing investors and a new participant. The funding round was led by prior investors Ribbit Capital , DST Global and NFX along with new investor Progressive Insurance.

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Housing Wire

MARCH 20, 2024

Figure Lending LLC is now operating under the umbrella of Figure Technology Solutions , independent of CEO Mike Cagney ’s Figure Technologies. to take its lending division, LendCo , public. JP Morgan Chase & Co. and Jefferies Financial Group Inc. —

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Housing Wire

JANUARY 30, 2025

In this conversation, the duo explore niche lending, second lien product opportunities and demand for non-QM. Deephaven’s focus on non-QM lending is expected to drive its volume past $80 billion in 2025. If you’re a loan officer, you should have a construction product that focuses on builders, developers and Realtors.

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Housing Wire

JANUARY 23, 2023

Mortgage lender Revolution Mortgage has partnered with Tavant, an AI-powered digital lending company, to integrate Tavant’s Touchless Lending product suite into Revolution Mortgage’s platform. Tavant, an HW Tech100 winner for multiple years, helped underwrite more than 80,000 loans in 2021.

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Housing Wire

MARCH 6, 2025

That would not be for the out-of-town investor, said Richards, who purchased the properties via Auction.com s new SmartSale program. The company sometimes takes ownership of properties when investors default on their loans We had 15 single-family (homes) in Montgomery, Alabama I dont imagine how the hell I would have sold (them) on my own.

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Housing Wire

FEBRUARY 27, 2025

How can today’s mortgage lending market be summed up in one word? Acra Lending has done precisely that. Acra Lending is a proven leader in the space, and it has adapted and thrived despite market shifts. higher interest rates and elevated home prices create openings for non-QM lending. billion to $3.47

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Lending Technology Tools Mortgage 312

Appraisal Buzz

JANUARY 16, 2025

Fannie Mae polled about 200 senior mortgage executives through our Mortgage Lender Sentiment Survey in early October 2024 to learn about lenders perspectives and experiences evaluating variable and digital gig economy income for mortgage lending, given the rise of these income streams following the pandemic.

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Housing Wire

SEPTEMBER 30, 2024

According to a recent report by Forbes, over half of all real estate investors are now turning to private lenders. The rise of private lending Private lenders disrupted the monopoly of traditional banks and the private lending market has since seen a remarkable rise, reaching $1.5

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Housing Wire

MARCH 14, 2024

Nonbank mortgage originator Change Lending will become a member of the Federal Home Loan Bank of San Francisco (FHLB-SF). We welcome a partnership with the FHLB-SF to enhance our strength and reach as America’s CDFI,” said Steven Sugarman , founder of the Change Company, the parent company of Change Lending. “We

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Lending Renovations Legal Real Estate 448

Housing Wire

APRIL 1, 2025

Name Job Title Company Name Aaron Heidorn Director of Software Engineering & Infrastructure Cloudvirga Aaron Smith Director, Sales CubiCasa Adrian Provost Chief Executive Officer Realty ONE Group Terminus Ana LeBlanc Human Resources Director InterLinc Mortgage Annie Lemon Producing Branch Manager Gold Star Mortgage Financial Anthony Russo Diamond (..)

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Housing Wire

JULY 16, 2021

Seventy million dollars in seed funding is a colossal investment for an unproven tech startup, even one that promises to fully disrupt a relatively low-margin, traditional industry like mortgage lending. The seed money was raised by 10 capital firm investors to get Tomo off the ground. But this is no ordinary mortgage startup.

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Housing Wire

FEBRUARY 25, 2025

The best hard money loans for real estate depend on your investment strategy, whether youre financing a short-term flip, a rental property or a large-scale development. You want someone whos experienced with emerging investors and with terms that are fair and comprehensible.

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Renovations Real Estate Investors Investing 368

Housing Wire

JANUARY 9, 2025

Kevin Peranio , chief lending officer for Paramount Residential Mortgage Group (PRMG), lives in the Orange County area and said hes witnessed the effects of being displaced by the wildfires. Peranio is also an investor in Pacaso , a second-home co-ownership company, and said that the company is mobilizing its network to help those in need.

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Housing Wire

OCTOBER 7, 2024

This approach integrates QC principles throughout the lending process, from application to servicing. This focus aligns with Fannie Mae’s QC requirements and reflects the growing importance of data in the lending process.

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Lending Mortgage Training Technology 459

Housing Wire

DECEMBER 14, 2021

That has some producers of non-QM loans, which require specialized underwriting expertise, looking to technology, big data and the development of automated underwriting platforms as the solution for dealing with the anticipated surge in loan volume in the years ahead. Automation just increases efficiencies,” Hutchens added.

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Lending Technology Government Investors 397

Housing Wire

DECEMBER 11, 2020

Yet borrowers have had limited agency in the lending process to date. FormFree, the ATP fintech led by HousingWire Tech Trendsetter Brent Chandler , is launching a blockchain-based exchange for consumers to take control of the lending process. The smart contract presents the borrower’s lending request to the exchange.

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Lending Contracts Investors Technology 435

Housing Wire

JANUARY 27, 2023

California-based retail lender JVM Lending plans to drum up business this year — but by doing the exact opposite. We would feed them leads, but they came back to us because they didn’t know how to structure the full document deals,” Jay Voorhees, co-founder at JVM Lending, said in an interview with HousingWire. I thought it was sparse.

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Lending Real Estate Agent Loan Officers Retail 418

Housing Wire

AUGUST 28, 2023

Non-bank originator Change Lending lost its Community Development Fund Institution (CDFI) certification, according to a report from Barron’s. Change Lending was removed from the CDFI Fund’s list of certified program lenders last week, the outlet reported.

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Housing Wire

AUGUST 8, 2022

HousingWire recently spoke with John Jeanmonod, Regional Vice President of Sales at Angel Oak, about non-QM lending and the outlook for the second half of 2022. Arrange meetings, go to networking events, host networking events and develop more referral relationships. Not in droves like in 2021, but the business is out there.

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Lending Loan Officers Training Investors 397

Housing Wire

APRIL 10, 2024

Last July, the company sold its title insurance business to Essent Group , followed by strategic changes in September including a transition of its offshore-based operations to a team in the Philippines and the sale of “certain operations” of its home improvement lending business to Aqua Finance.

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Business Investors Finance Home Improvement 448

Appraisal Buzz

FEBRUARY 11, 2025

Michael Gevurtz, CEO and Founder, Bluebird Lending This article originally appeared in the February 2025 edition of MortgagePoint magazine, online now. Michael Gevurtz is an entrepreneur and investor in the real estate and finance industries. I was developing single-family and multifamily properties throughout Philadelphia.

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Real Estate Finance Development Investing 269

Housing Wire

SEPTEMBER 29, 2020

But brand recognition doesn’t develop overnight. Unlike most investors, TMS offers co-branding, so that even after you’ve sold them your loan, your brand will remain top-of-mind for customers. The post Refi Sugar High: How to balance your lending diet appeared first on HousingWire. Tip #3: Start marketing now.

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Lending Loan Officers Business Investors 459

Housing Wire

MARCH 14, 2023

has promoted Jennifer George to vice president of investor relations and credit policy, the company said in a statement issued Tuesday. George also worked alongside the product development team to launch loans for single wide manufactured homes. Wisconsin-based Waterstone Mortgage Corp.

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Investors Development Mortgage Government 369

Housing Wire

MAY 5, 2023

announced on Thursday that the Optimal Blue product, pricing and eligibility engine (PPE) has added investor content from 54 state-based housing finance agencies (HFAs). Optimal Blue , a division of Black Knight, Inc. Black Knight, Inc.

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Investors Finance Clients Real Estate 397

Housing Wire

MARCH 21, 2025

’ In a presentation for investors , Rocket outlined how its acquisition of Redfin will help the company create a more seamless and affordable way for consumers to transact real estate, showing how it will take consumers from the home search phase all the way through title and closing.

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Real Estate Agents Loan Officers Mortgage 292

Housing Wire

APRIL 28, 2022

If you were to take an inventory of deals which came out, a majority of the deals have been investor [investment property] … deals, and the prime jumbo deals have been very far and few in between.”. We’ll continue to watch this trend as it develops.”. in 2021 were bought by institutional investors,” Lind said. “In

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Investors Marketing Investing Inventory 370

Housing Wire

JULY 8, 2024

Global asset manager Bain Capital announced Monday that it has acquired a controlling stake in Archwest Capital , a California -based company that offers financing to residential real estate investors. The firm is also a major investor in Hometap , one of the larger players in the home equity investment space.

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Investing Legal Lending Landlords 435

Housing Wire

MARCH 11, 2025

In moments of industry transformation, it is critical to have leaders who understand the ecosystem with the expertise to shape the future of mortgage lending through thoughtful advocacy,” said David Spector, chairman and CEO at Pennymac. . “Pennymac is pleased to welcome Isaac to our strong team of industry professionals.

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Development Government Lending Investors 221

Housing Wire

MARCH 29, 2022

To minimize the pain, legacy loan manufacturing processes typically collect only as many months of asset statements as are required by investors — often just two months for conventional and government loans. Department of Housing and Urban Development (HUD), Federal Housing Administration (FHA), U.S. Drop me a note brian@formfree.com.

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Lending Modernization Construction Government 370

Housing Wire

JANUARY 10, 2024

Software development company Blue Sage Solutions has launched a new servicing platform that merges loan origination and servicing functions using API-based technology. Soon, the full servicing version of the Blue Sage Digital Servicing Platform will boast additional functionalities such as investor reporting or default management.

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Retail Lending Design Technology 448

Housing Wire

JANUARY 8, 2024

Change is five years into its mission as a Community Development Financial Institution ( CDFI), a mission that has seen Change soar to become the nation’s largest non-QM lender. HousingWire: How do you view the lending landscape for 2024? The easiest way to build that awareness was to build a robust lending platform.

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Lending Development Investors Finance 458

Housing Wire

FEBRUARY 10, 2021

Perry brings 25 years of legal experience in the financial services industry, with expertise in fair housing and community development. Perry joined Freddie Mac in 2011 to oversee the company’s fair lending program. She previously advised on solutions for complex corporate finance transactions with firms such as JPMorgan Chase.

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Investors Development Legal Business 529

Housing Wire

SEPTEMBER 1, 2023

Through the development of improved and sophisticated systems, protocols and technology, these operations leaders are driving their companies to growth and success. In its 8th year, the HW Insiders program is spotlighting the talented operations professionals who are laying the foundation of success for their organizations.

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Technology Development Real Estate Valuation 476

Appraisal Buzz

MARCH 5, 2025

He gained significant expertise in lending law enforcement while serving in the Pennsylvania Attorney Generals Bureau of Consumer Protection, handling UDAP, Fair Debt Collection Practices Act (FDCPA), Real Estate Settlement Procedures Act (RESPA), and Truth in Lending Act (TILA) cases. borrowers, and growing membership in the group.

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Housing Wire

JUNE 1, 2021

Housing and Urban Development Secretary Marcia Fudge joined Biden to mark the 100th year since a white mob killed hundreds of Black residents of the Greenwood District. How hybrid title and valuations help increase lending efficiency. Developers, lenders or local governments could compete for the funds through an application process.

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Renovations Development Investors Legal 516

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.

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