Housing Wire

JANUARY 3, 2025

Reverse mortgage professionals made more inroads into the forward mortgage industry in 2024. This happened through dedicated conversations, partnerships between reverse and forward mortgage companies, and expanded activities in reverse that stemmed from acquisitions and expansions of existing divisions.

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Mortgage Lending Loan Officers Training 418

Housing Wire

JANUARY 14, 2025

Mortgage rates continued their ascent this week after Fridays jobs report showed that employers added more positions than expected in December, which is likely to cement a pause on interest rate cuts by the Federal Reserve later this month. Merritt thinks mortgage lenders could take some comfort in that trend.

Mortgage 418

Mortgage Housing Market Tools Marketing 418

Housing Wire

DECEMBER 6, 2024

Mortgage rates fell this week and they are now far from the levels widely discussed after the election. With the final jobs report for 2024, mortgage rates made a nice move lower today, and its been a positive story this week. The mortgage spreads did improve a lot on Friday, too, which helped with rates, so start spreading the news.

Mortgage 468

Mortgage Housing Market Retail Marketing 468

Housing Wire

JANUARY 27, 2025

It also operates outside of the regulatory purview of other home-equity tapping products, including the Federal Housing Administration (FHA)-sponsored Home Equity Conversion Mortgage ( HECM ). HousingWire s Reverse Mortgage Daily (RMD) reviewed the amicus brief , filed in the Roberts v. Unlock Partnership Solutions case in the U.S.

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Contracts Mortgage Property Taxes Law 370

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

JANUARY 13, 2025

The report is based on a sample of mortgage applications from 2018 to 2022, and it examines flood risk in the southeast and central southwest census regions of the United States, according to flood risk data from the Federal Emergency Management Agency (FEMA) and the First Street Foundation.

Insurance 370

Insurance Mortgage Marketing Real Estate 370

Housing Wire

FEBRUARY 28, 2025

The National Reverse Mortgage Lenders Association ( NRMLA ) this week announced its first conference of 2025 in the form of its Western Regional Meeting, the first such event to take place since 2023. NRMLA will hold the event in Irvine, California , on April 29, initially announcing it via an emailed member alert.

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Mortgage 203

Appraisal Buzz

FEBRUARY 17, 2025

homeowners with mortgages nationwide have an interest rate higher than or equal to 6%, the highest percentage since 2016. of homeowners who hold mortgages is less than 6%. of homeowners with mortgages had a rate below 6% in Q3 of 2023. The pandemic-era record low of 2.65% for mortgage rates has already been more than doubled.

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Mortgage Real Estate Agent Home Value Agents 347

Housing Wire

NOVEMBER 30, 2024

15, the South Florida Regional Planning Council held an event called “Preparing for the Silver Tsunami: Planning and Policy Solutions for Southeast Florida’s Communities.” million people who are at least 65 and 312,000 who are at least 85, according to information shared at the event and reported by the Post.

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Bracketing Government Inventory Mortgage 482

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

Housing Wire

MARCH 27, 2024

It’s no secret that forging new connections at in-person events can help to grow your business. Here’s a look at 11 real estate conferences and events that should be on your radar this year. Finding so many industry perspectives in one housing event allows attendees to get a 360-degree, full picture of our industry.

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Real Estate Realtors Agents Real Estate Agent 454

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 10, 2025

Representatives from lenders and servicers, as well as individual originators, have told HousingWire s Reverse Mortgage Daily (RMD) that its imperative for borrowers to let their servicer know about anything that could impact the occupancy of their property due to the terms of Federal Housing Administration (FHA)-backed reverse mortgages.

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Insurance Mortgage Clients Finance 396

Housing Wire

NOVEMBER 18, 2024

Add American Neighborhood Mortgage Acceptance Company LLC , doing business as AnnieMac, to the list of mortgage lenders that have recently suffered a data breach from a cyberattack. The type of information affected by this event includes name and Social Security number.” New Jersey-based AnnieMac originated $2.5

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Loan Officers Mortgage Business Retail 396

Housing Wire

OCTOBER 30, 2024

These include Kamini Lane (CEO of Coldwell Banker Realty ), Jodi Hall (former chief operating officer at Countrywide Mortgage ), Monica Reynolds (former vice president of Keller Williams MAPS Coaching ) and Leslie Appleton-Young (former chief economist for the California Association of Realtors ).

Real Estate 468

Real Estate Real Estate Agent Realty Realtors 468

Housing Wire

DECEMBER 21, 2024

Federal Reserve Chairman Jerome Powell played the Grinch last week for the housing market, sending mortgage rates higher after his remarks at the Fed presser on Wednesday. However, we need lower mortgage rates to grow sales in a bigger fashion in 2025. However, this year, mortgage rates rose during this timeframe.

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Housing Market Marketing Inventory New Listings 504

Housing Wire

DECEMBER 8, 2024

mortgage holders experienced a home equity increase in the third quarter of 2024 up 2.5% CoreLogic’s Q3 2024 Homeowner Equity Insights report showed that the total number of mortgaged homes with negative equity rose by 3.5% year over year to a total of $17.5 trillion nationwide. from the second quarter. from the second quarter.

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Insurance Mortgage Buyers 397

Appraisal Buzz

MARCH 17, 2025

homeowners with mortgages (which account for roughly 61% of all properties) saw home equity increase by about $4,100 between Q4 2023 and Q4 2024, which is less than the gain of $6,000 in Q3 2023. million homes or 2% of all mortgaged properties. million homes or 2% of all mortgaged properties. of all mortgage properties.

Mortgage 390

Mortgage Government Appraisal Marketing 390

Housing Wire

JUNE 13, 2024

The Alliance of Comprehensive Planners (ACP), a trade association for financial planners, will be holding its annual conference this October in Savannah, Georgia, and the event will feature two of the nation’s leading reverse mortgage lenders as key sponsors. Longbridge was No. 3 with 2,972 endorsements during the same period.

Mortgage 468

Mortgage Real Estate Agent Clients Finance 468

Housing Wire

NOVEMBER 20, 2024

In today’s economy, mortgage rates and housing expenses have consistently risen. Mortgage professionals must keep up with the new demand for home equity products in the new market. That growth presents an opportunity for reverse mortgages and home equity loans. This interview has been edited for length and clarity.

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Finance Marketing Lending Mortgage 370

Housing Wire

AUGUST 29, 2024

Richelle Hopkins of Mutual of Omaha Mortgage has been a reverse mortgage professional for 20 years, moving to Arizona in 2006. At a recent WIFS Phoenix event, Hopkins was able to bring a discussion about reverse mortgages to attendees and sat down with HousingWire ’s Reverse Mortgage Daily (RMD) to share details about the experience.

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Finance Mortgage Real Estate Agent Insurance 448

Housing Wire

FEBRUARY 3, 2025

“This has been a difficult time for everyone affected by this tragic event, and our hearts go out to those impacted,” Rabi Aziz, CEO of OCMBC, said in a statement. ” Founded in 2001, California-headquartered OCMBC originates in the wholesale , retail and correspondent channels. .”

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Retail Lending Clients Mortgage 417

Housing Wire

MARCH 17, 2025

In mid-January, Pennsylvanias former attorney general Michelle Henry filed a kickback lawsuit against Barry Newhart and six mortgage entities he controls: Bright Financial Group , Conquest Mortgage , Flagship Home Loans , Legacy Mortgage Partners , Nittany Home Loans , MCT Financial , Conquest Holdings and Newhart Holdings.

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Brokerage Government Mortgage Real Estate 245

Housing Wire

APRIL 29, 2024

Guild Mortgage CEO Terry Schmidt speaks last week at The Gathering by HousingWire in Scottsdale, Arizona. Cherry Creek’s addition to Guild One of the biggest examples of this came during a discussion between HousingWire Editor in Chief Sarah Wheeler and Terry Schmidt, the CEO of Guild Mortgage.

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Mortgage Real Estate Real Estate Agent Business 459

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

DECEMBER 6, 2024

Todays report shows a strong labor market, but the employment picture has been a little bumpy over the past few months, as weather events and large labor strikes have complicated the outlook, Lisa Sturtevant, the chief economist at Bright MLS , said in a statement.

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Marketing Construction Retail Real Estate 418

Housing Wire

JANUARY 29, 2025

Both times when mortgage rates fell without Fed rate cuts (in late 2022-early 2023 and in mid-2024), it was primarily due to the economic and labor scares. As we can see in the chart below, with housing permits at recession levels , this sector is at risk if mortgage rates keep heading higher.

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Marketing Housing Market Construction Mortgage 386

Housing Wire

MARCH 3, 2025

A bill that would seek to bolster the disclosures that reverse mortgage lenders make to potential clients in an effort to broaden their understanding of the product inside New York state is getting pushback from industry advocates. Leroy Comrie (D-Queens), who introduced the bill on Jan. Again, it’s very concerning, Irwin said.

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Mortgage Law Property Taxes Clients 230

Housing Wire

SEPTEMBER 20, 2024

The National Reverse Mortgage Lenders Association (NRMLA), the reverse mortgage industry’s leading trade association, is preparing to host its 2024 Annual Meeting and Expo on Sept. The event is typically the largest, most expansive meeting for a wide variety of reverse mortgage professionals. 24-26 in San Diego.

Mortgage 468

Mortgage Logistics Loan Officers Appraisal Process 468

Housing Wire

NOVEMBER 26, 2024

When I notice a significant increase or decrease compared to estimates, I often suspect that revisions will be made or that a one-time event may have influenced the figures. Mortgage rates have been rising and the housing market is also experiencing the impacts of hurricanes.

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Property Taxes Inventory Construction Housing Market 501

Housing Wire

OCTOBER 30, 2024

New York-based asset manager Rithm Capital , the owner of multichannel lender Newrez , reported a 58% increase in refinances to $3 billion in the third quarter of 2024 after mortgage rates dropped due to the Federal Reserve ’s 50 basis-point rate cut. billion in mortgages in Q3 2024, higher than the figures of $14.6 billion in Q3 2023.

Mortgage 435

Mortgage Tools Business Lending 435

Housing Wire

MARCH 5, 2025

Among those with mortgages, 47% reported having locked in an interest rate below 4%. Economic uncertainty also plays a role in sellers’ hesitation, with 29% saying they would delay selling in the event of a major downturn. And 30% of this group expressed concerns about losing their current rate if they sell their home.

Property Taxes 492

Property Taxes Housing Market Real Estate Agent Real Estate 492

Housing Wire

SEPTEMBER 11, 2024

On this crazy day with the bond market, mortgage rates dropped to another yearly low after the CPI inflation print. That means some borrowers are getting mortgage rate quotes under 6% today, so the rate environment has improved greatly from the highs around 7.50% this year. The mortgage spreads are improving in 2024.

Mortgage 514

Mortgage Marketing Housing Market 514

Appraisal Buzz

NOVEMBER 4, 2024

Central, when the Five Star Institute , in partnership with Global Strategic , present “ Partnering for Performance: Mortgage Operations Outsourcing.” The Five Star Institute Webinar Series aims to broaden the horizons of the mortgage industry. He joined the Covius team in March of 2013 as SVP of Operations.

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Mortgage Clients Technology Business 221

Housing Wire

JUNE 13, 2024

The National Association of Hispanic Real Estate Professionals (NAHREP) this week released the 10th edition of its annual Top 250 Latino Mortgage Originators rankings, honoring the top-performing Latino mortgage originators across the country. DHI Mortgage Richmond, Texas 288 8 Miguel Mouriz New American Funding Orlando, Fla.

Mortgage 448

Mortgage Government Lending Real Estate 448

Housing Wire

OCTOBER 9, 2024

The challenges that higher costs place on carriers, regulators , lenders and consumers has been well documented this year, and the acceleration of extreme weather events has only made things worse. And it raises questions about how more of these events could impact the mortgage industry. That’s no longer the case. “I

Insurance 459

Insurance Mortgage Property Taxes Construction 459

Housing Wire

SEPTEMBER 7, 2024

Mortgage rates have made almost a 2% move lower from the highs of 2023. Now that the jobs week data is in, the question is: can mortgage rates go even lower? Mortgage spreads Another way for mortgage rates to drop to the lowest level of the forecast or below is to improve mortgage spreads.

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Mortgage Inventory New Listings Marketing 533