Housing Wire

APRIL 10, 2024

The company also provides commentary for its fourth quarter 2023 financial performance, assesses its market advantages and offers an assessment of impacts stemming from changes in Ginnie Mae ’s Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) program.

Business 433

Business Investors Finance Home Improvement 433

Housing Wire

OCTOBER 10, 2024

Struggling fintech LoanSnap had its mortgage lender license in Connecticut revoked in early October by state authorities, adding to the company’s legal and financial problems. The firm was first licensed to do mortgage business in Connecticut in January 2021 and applied for a renewal in December 2023.

Mortgage 401

Mortgage Landlords Loan Officers Legal 401

Housing Wire

JUNE 10, 2022

The Federal Reserve ’s (Fed) efforts to beat back inflation with its monetary tools have already shifted the winds in the secondary market for mortgage-backed securities (MBS). trillion MBS portfolio helps fuel widening interest-rate spreads in the MBS market by creating additional MBS supply to be absorbed by investors.

Investors 498

Investors Government Buyers Mortgage 498

Appraisal Buzz

NOVEMBER 1, 2024

The Five Star Institute Webinar series aims to broaden the horizons of the mortgage industry. In today’s mortgage industry, missed deadlines, missing origination documents, and compliance risks can result in significant financial losses. During her years at PennyMac, she was instrumental in developing an internal REO rental program.

Mortgage 367

Mortgage Investors Insurance Construction 367

Housing Wire

SEPTEMBER 10, 2024

Mortgage capital markets technology firm Polly has raised $25 million to invest in research and development, product innovation and expansion, the company said on Tuesday. 8VC led the latest equity investment with participation from existing investors Menlo Ventures , Meritech , Khosla Ventures and Fifth Wall.

Mortgage 377

Mortgage Technology Investing Design 377

Housing Wire

JUNE 15, 2023

National mortgage loan subservicer Cenlar FSB announced on Thursday that it has named the Thomas Donatacci as its investor relations officer. He is expected to strengthen Cenlar’s relationships with stakeholders in this role, including agency investors, shareholders, clients, and rating agencies. territories.

Investors 324

Investors Clients Finance Development 324

Housing Wire

NOVEMBER 30, 2023

Mortgage rates headed lower this week as the 10-year Treasury yield dropped below 4.3% The 30-year, fixed mortgage rate averaged 7.22% for the week ending Nov. 30, according to Freddie Mac ‘s Primary Mortgage Market Survey. Bright MLS ’ 2024 forecast indicates that mortgage rates will fall to 6.5% on Thursday.

Mortgage 518

Mortgage Inventory Tools Investors 518

Housing Wire

MARCH 14, 2023

Wisconsin-based Waterstone Mortgage Corp. has promoted Jennifer George to vice president of investor relations and credit policy, the company said in a statement issued Tuesday. Her industry knowledge, leadership capabilities, and positive attitude make her an ideal fit for her new role,” said Waterstone Mortgage COO Rich Tucker.

Investors 316

Investors Development Mortgage Government 316

Housing Wire

SEPTEMBER 30, 2024

They discuss the latest developments in the mortgage market, along with key dynamics and growth strategies for lenders as interest rates continue to fall. Collins immediately kicks off the conversation by diving into the current state of the mortgage industry.

Mortgage 420

Mortgage Marketing Technology Business 420

Housing Wire

OCTOBER 7, 2024

In the modern mortgage landscape, quality control (QC) stands as a critical pillar supporting the industry’s integrity and stability. Seasonal lulls as QC enhancement opportunities The cyclical mortgage industry presents challenges and opportunities for QC improvement.

Lending 448

Lending Mortgage Training Technology 448

Housing Wire

SEPTEMBER 4, 2024

The Federal Housing Administration (FHA) on Wednesday published Mortgagee Letter (ML) 2024-18 , which implements updates to debenture interest rates and reimbursements for Home Equity Conversion Mortgage ( HECM ) program claims proposed in July. HERMIT was launched by HUD in October 2012 after a protracted development cycle.

Mortgage 440

Mortgage Legal Development Insurance 440

Housing Wire

MAY 2, 2024

loan officer Timothy Potempa has departed Dallas-based multichannel lender OneTrust Home Loans to join E Mortgage Capital , bringing his team of about 40 people and more than $300 million in annual production to the company headquartered in California. 7 loan officer in the country last year with a mortgage production volume of $326.5

Loan Officers 441

Loan Officers Mortgage Retail Lending 441

Housing Wire

JUNE 6, 2024

Bond credit-rating organization Moody’s Investors Service has reaffirmed its “above-average” rating for the reverse mortgage servicing performance of Celink , which is the current holder of the U.S. In 2023, Celink renewed subservicing deals with major reverse mortgage lenders including Finance of America and Mutual of Omaha Mortgage.

Mortgage 412

Mortgage Contracts Investors Investing 412

Appraisal Buzz

JUNE 3, 2024

Anna Krogh has been promoted to senior vice president and director of business development at Dovenmuehle Mortgage , Inc., a residential mortgage subservicer. In addition, Chris Torres has been promoted to vice president of business development and manager of the western region.

Client Relationships 195

Client Relationships Mortgage Development Clients 195

Housing Wire

JANUARY 26, 2022

Experienced real estate investors often say that there are opportunities in every market — whether prices are rising or falling, whether the trends lean towards a buyers’ market or a seller’s market. All these investors need are properties to sell or rent. The event is exclusively for HW+ members , and you can go here to register.

Real Estate 459

Real Estate Investors Inventory Business 459

Appraisal Buzz

JUNE 3, 2024

Let me explain — in 2021-2022, many investors purchased properties at high prices, using 2 and 3-year bridge loans. Meeting their mortgage and investor obligations will be difficult for these aggressive operators. Investors should conservatively underwrite how interest rates will affect their investment.

Investors 195

Investors Marketing Renovations Real Estate 195

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

OCTOBER 24, 2024

Mutual of Omaha Mortgage ’s reverse division has launched a new program, “Broker Protect,” that aims to offer what it calls industry-first protections to brokers doing business with the company. We have been the fastest-growing wholesale investor in the space over the past couple of years,” he said. “If

Client Relationships 432

Client Relationships Clients Investors Business 432

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). HFAs provide affordable homeownership options to low- and moderate-income borrowers through down payment and closing cost assistance, as well as reduced mortgage payments.

Investors 366

Investors Finance Clients Real Estate 366

Appraisal Buzz

JULY 11, 2024

The Mortgage Credit Availability Index (MCAI), a survey from the Mortgage Bankers Association (MBA) that examines information from ICE Mortgage Technology, indicates that mortgage credit availability rose in June. The post Mortgage Credit Availability Rises, But Challenges Remain first appeared on The MortgagePoint.

Mortgage 397

Mortgage Government Lending Technology 397

Housing Wire

JANUARY 18, 2024

Mortgage rates continued their descent this week to mark their lowest level since May 2023, welcome news for homebuyers who have been waiting on the sidelines for rates to drop. The 30-year fixed-rate mortgage averaged 6.6% The 30-year fixed-rate mortgage averaged 6.6% 12 compared to a week earlier.

Mortgage 532

Mortgage Inventory Retail Construction 532

Housing Wire

SEPTEMBER 11, 2024

As the mortgage industry continues to evolve at breakneck speed, risk management has never been a more critical lynchpin in the lending ecosystem. Looking into the future After forty years in the mortgage industry, MCRS has seen many trends come and go. million loans and reviewing over 300 million documents. Click Here

Mortgage 343

Mortgage Clients Lending Investors 343

Housing Wire

APRIL 28, 2022

The pace of purchase-loan originations as well as transactions in the private-label securities market started to slow by the second quarter of this year as interest rates continued to spike, according to mortgage industry experts. Many of the mortgage loans traded through MAXEX’s platform find their way into PLS transactions. “We

Investors 326

Investors Marketing Investing Inventory 326

Housing Wire

APRIL 23, 2024

New York-based multichannel lender US Mortgage Corporation previously announced that it was renewing its efforts in the reverse mortgage industry, having hired industry veteran Ken Krajewski to serve as managing director and head of reverse mortgage lending.

Mortgage 370

Mortgage Loan Officers Investors Business 370

Housing Wire

JANUARY 19, 2023

Tennessee-based mortgage lender Guaranty Home Mortgage Corporation hired Andy Voyles as executive vice president and director of retail lending. The mortgage lender hopes to boost volume in the channel. The lender offers a variety of mortgage products, including conventional, FHA, VA, jumbo, rural development loans.

Retail 388

Retail Mortgage Loan Officers Lending 388

Housing Wire

JUNE 15, 2022

Two new single-family rental (SFR) securitization deals sponsored by large institutional players — often described as “Wall Street” investors — hit the private label market in June, bringing the total deal count so far this year to 10. billion fixed-rate, five-year loan originated by Morgan Stanley Mortgage Capital Holdings.

Investors 397

Investors Investing Inventory Real Estate 397

Housing Wire

AUGUST 20, 2024

The duo dive into several topics, including Lower’s transformed culture and leadership structure following its acquisitions of Thrive Mortgage and Universal Lending. They also discuss fintech developments for loan officers, recruitment and even the CPO’s favorite hamburger.

Loan Officers 422

Loan Officers Mortgage Tools Technology 422

Housing Wire

OCTOBER 25, 2024

In this HousingWire Executive Conversation, Tom Davis, Chief Sales Officer at Deephaven , discusses the opportunities in the non-QM investor loan space as we head into the new year. Tom Davis: Investor transactions are still close to 28% of the overall purchase market. Many investors prefer to close in the name of an LLC.

Investors 439

Investors Construction Training Realtors 439

Housing Wire

JULY 6, 2023

Mortgage rates jumped this week as investors grapple with persistent positive economic data and a hawkish Fed. The Freddie Mac’s Primary Mortgage Market Survey, which focuses on conventional and conforming loans with a 20% down payment, shows the 30-year fixed rate averaged 6.81% as of July 6, up significantly from last week ’s 6.71%.

Mortgage 397

Mortgage Construction Inventory Investors 397

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. Once we finish deploying Document, Credit, and Collateral for Revolution Mortgage, our partnership will prove just that.”

Lending 423

Lending Mortgage Technology Design 423

Housing Wire

JUNE 28, 2024

a provider of shared equity financing products, announced Thursday that it hired Paul Giangrande as a corporate executive vice president and president of its mortgage division. Giangrande previously served as president of AmeriCash Mortgage and has more than 30 years of experience in the financial services and mortgage arenas.

Mortgage 351

Mortgage Finance Investing Contracts 351

Appraisal Buzz

NOVEMBER 19, 2024

This is due to several factors, including rising housing costs, stagnant wages, and a decline in the availability of small-dollar mortgages, defined as those for homes priced at $150,000 or below. Cities: A Qualitative Analysis ” and “ The Socioeconomic Consequences of the Decline in Small Mortgages.” Authored by Craig J.

Lending 418

Lending Mortgage Investors Development 418

Housing Wire

MARCH 2, 2023

When the entire mortgage industry saw volume drop by more than half in 2022, nearly every lender emerged with battle scars. Non-qualified mortgage (non-QM) wholesale lender A&D Mortgage , however, saw origination volume increase by more than 31% to $3.2 billion in 2022, up from the previous year’s $2.2

Mortgage 418

Mortgage Investors Development Investing 418

Housing Wire

SEPTEMBER 12, 2023

These current mortgage markets are what make it challenging for independent mortgage banks (IMBs). For many of these transaction-oriented, monoline mortgage lenders, it’s always a question of feast or famine. Mortgage loan volume in the second quarter of 2023 was down 56% from the same period last year, according to ATTOM.

Mortgage 408

Mortgage Investors Business Lending 408

Housing Wire

JANUARY 16, 2024

Ginnie Mae intends to develop a new reverse mortgage-backed security product enabling the acquisition of loans from an HMBS pool above the existing 98% maximum claim amount (MCA) requirement, according to a new announcement.

Mortgage 438

Mortgage Development Government Tools 438

Housing Wire

NOVEMBER 29, 2023

Assessing key performance indicators and operations during current industry headwinds is a great way for mortgage lenders to set themselves up for success now and in the future. Every lender and investor has their own unique approach to doing business and their own mix of channels they utilize.

Technology 418

Technology Mortgage Lending Business 418

Housing Wire

JULY 17, 2023

The continuous development of loss mitigation tools and practices in the mortgage industry will play an essential part in preventing future foreclosures, but additional safety nets — particularly for those mortgage customers who belong to historically disadvantaged populations — will play a critical role in thinning the racial wealth gap.

Mortgage 359

Mortgage Tools Insurance Development 359