Housing Wire

OCTOBER 22, 2024

million customers — continues to grow, driving increased revenue and cash flow contributions and providing low-cost leads for our consumer direct lending division.” The company’s refinance recapture rate is 52% for government loans and 34% for conventional loans. “We million in Q3 2024, compared to pretax gains of $88.5

Government 435

Government Investing Mortgage Valuation 435

Housing Wire

FEBRUARY 3, 2025

More than just an accolade, this award highlights organizations that are transforming the housing sectorenhancing efficiency, transparency, and accessibility in ways that reshape the future of mortgage lending. These companies are at the forefront of solving the biggest challenges mortgage professionals face every day.

Mortgage 417

Mortgage Valuation Lending Technology 417

Housing Wire

MARCH 24, 2025

The property ecosystem underpins the prosperity of individuals, businesses, governments, and society as a whole. The name signifies its approach of totality delivering comprehensive data and insights across the entire property ecosystem and beyond and the companys spirit of vitality. Covering 99.9% of properties in the U.S.

Government 341

Government Technology Real Estate Business 341

Appraisal Buzz

NOVEMBER 26, 2024

Dr. Conerly’s analysis included interest rates, inflation, and the Federal Reserve’s strategic direction, with insights into consumer behavior, government spending, and construction. Department of Labor’s Unemployment Insurance Weekly Claims Report (Thursday) The post The Week Ahead: Preparing for 2025 first appeared on The MortgagePoint.

Real Estate 367

Real Estate Tenants Insurance Construction 367

Housing Wire

FEBRUARY 22, 2022

Though regulators have the power to ding lenders for violating fair lending law, none of the agencies can give a special purpose credit program their blessing. The watchdog agency provided clarity for the kind of research and data that go into creating a targeted lending program.

Lending 397

Lending Development Finance Law 397

Appraisal Buzz

FEBRUARY 20, 2025

Open to all mortgage lending and servicing professionals, GSEs , government entities, and Legal League members, the annual Spring Servicer Summit gathers the nations elite financial services law firms to discuss default policies, procedures, and emerging issues with leading mortgage servicing executives.

Legal 195

Legal Government Law Lending 195

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. Q: Insurance issues are hot right now.

Legal 221

Legal Insurance Law Lending 221

Appraisal Buzz

OCTOBER 11, 2024

This hybrid summit brings together leaders from the federal government, private sector, and housing industry to discuss the critical role of independent mortgage banks in the housing finance ecosystem. Click here for a complete event agenda and participant details. Census Bureau Manufacturing and Trade Inventories (Thursday) U.S.

Marketing 370

Marketing Mortgage Finance Retail 370

Housing Wire

FEBRUARY 6, 2025

Department of Veterans Affairs established the VA lending program as part of the Servicemens Readjustment Act (later renamed the GI Bill). Some of these include lower mortgage rates , insurance costs, and down payment requirements. They deserve more nuanced consideration of their unique circumstances when making lending decisions.

Lending 326

Lending Insurance Government Mortgage 326

Housing Wire

JULY 31, 2023

banks have tightened their lending standards for residential real estate (REE) loans and home equity lines of credit (HELOC) in the second quarter amid the collapse of regional banks and a cascade of interest rate hikes by the Federal Reserve to tame inflation. A 40%-plus net share of all U.S. branches and agencies of foreign banks.

Lending 370

Lending Mortgage Loan Officers Government 370

Housing Wire

FEBRUARY 20, 2025

Garg explained that Better utilized its marketplace lending model that includes 32 different investors across the mortgage landscape from real estate investment trusts and insurance companies to hedge funds, major correspondent lenders and the government-sponsored enterprises Fannie Mae and Freddie Mac.

Business 332

Business Renovations Investors Market Value 332

Housing Wire

MAY 16, 2024

UWM’s TRAC+ announcement comes as the federal government pushes title insurance alternatives designed to save consumers money. The product is available on conventional, Federal Housing Administration (FHA), and U.S. Department of Veteran Affairs (V.A.) loans but only for refinances. 0% down During UWM Live!

Insurance 476

Insurance Agents Real Estate Agent Mortgage 476

Appraisal Buzz

FEBRUARY 25, 2025

FinRegLab analyzed this situation in a new report to see how automating and updating federal insurance programs to make them home only might ease some of the strain of the affordable housing crisis. Increasing access to affordable home-only loans is an important strategy for addressing the housing crisis, said FinRegLab CEO Melissa Koide.

Modernization 221

Modernization Finance Insurance Government 221

Housing Wire

JULY 18, 2023

The Federal Reserve , Federal Depository Insurance Corporation and the Office of the Comptroller of the Currency , which together regulate large depository banks, are expected to unveil the proposed changes on July 27. Residential mortgage-backed securities guaranteed by the government-sponsored enterprises wouldn’t be affected by the change.

Lending 370

Lending Mortgage Insurance Government 370

Housing Wire

DECEMBER 1, 2021

years in prison — the maximum the federal government said it would seek — as well as three years of supervised release. As the housing market changes, so does lending fraud. This white paper covers new fraud schemes in mortgage lending as well as solutions for fraud detection. billion for the government-sponsored enterprise.

Mortgage 544

Mortgage Insurance Lending Government 544

Housing Wire

APRIL 5, 2022

There is no public guidance from state or federal regulators at the time of this writing as to whether mortgages for virtual real estate are governed by traditional laws and regulations that govern traditional mortgages. Lending is lending. Section E: Yay, no government fees… for now!

Real Estate 532

Real Estate Mortgage Property Taxes Law 532

Housing Wire

AUGUST 13, 2024

The American Land Title Association is making it clear that it won’t have the Consumer Financial Protection Bureau making drastic changes to title insurance without first at least hearing the trade groups thoughts on the issue. 2, the trade group stressed the importance of title insurance. 2, 2024.

Insurance 468

Insurance Mortgage Legal Government 468

Appraisal Buzz

MARCH 26, 2025

The property ecosystem underpins the prosperity of individuals, businesses, governments, and society as a whole. Cotality empowers industry professionals across home lending, insurance, real estate, and government worldwide. But at the core, its people, businesses, and communities that drive it forward.

Government 269

Government Technology Business Insurance 269

Housing Wire

AUGUST 15, 2024

There are many government program offerings designed to support low-income borrowers and underserved communities available through banks and credit unions, including: Federal Housing Administration (FHA): FHA provides mortgage insurance on loans made by FHA-approved lenders. This insurance protects lenders against losses.

Government 476

Government Insurance Finance Mortgage 476

Housing Wire

MAY 15, 2024

The Community Home Lenders of America (CHLA) on Wednesday released a plan that it says would “modernize” Ginnie Mae , the government-owned company that manages the securitization of government-sponsored loans. This recommendation is based on two other ideas.

Modernization 457

Modernization Government Contracts Insurance 457

Housing Wire

JULY 26, 2021

Government-backed New Deal programs of the 1930s openly discriminated against minority borrowers and neighborhoods. Historic government institutionalized discrimination includes actions like “redlining,” where the Federal Housing Administration would refuse to insure mortgages in and around Black neighborhoods.

Mortgage 514

Mortgage Lending Real Estate Agent Government 514

Housing Wire

JUNE 11, 2024

In practice, the direct endorsement authority allows lenders to underwrite single-family mortgages and submit them to FHA for insurance endorsement. Open Mortgage has continued to operate in the forward lending space. Iowa was responsible for 3.4% of the total, Modex data shows.

Mortgage 476

Mortgage Insurance Loan Officers Lending 476

Housing Wire

JUNE 7, 2022

Servicers, especially those who service government-insured loan products, are under statutory time constraints that give them very little wiggle room. The post Are these factors creating chaos in your mortgage lending ops? Both lenders and servicers are under constant time pressure to complete their work.

Lending 393

Lending Mortgage Technology Modernization 393

Housing Wire

OCTOBER 23, 2020

Guild agreed to settle the federal lawsuit, brought by the Department of Justice , for just under $25 million, the government said Thursday. Those loans, originated between 2007 and 2011, defaulted and led to claims to the FHA for mortgage insurance. It did not admit to any wrongdoing.

Mortgage 505

Mortgage Government Retail Lending 505

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 448

Valuation Appraisal Law Design 448

Housing Wire

MARCH 9, 2022

International governance, risk and compliance giant Wolters Kluwer has inked a deal to acquire International Document Services (IDS) for $70 million in cash. In a statement on Wednesday, Wolters Kluwer said IDS will become an integral part of its governance, compliance, risk (GRC) division, which provides solutions for U.S.

Lending 397

Lending Government Law Insurance 397

Housing Wire

OCTOBER 18, 2023

. “We’re hoping to have a final policy [for the payment supplement partial claim] out before the end of the year, although I will say keep your fingers crossed that we don’t face any lapse in appropriations that would shut down the government.” 14-17 in Philadelphia. ”

Mortgage 459

Mortgage Government Insurance Tools 459

Housing Wire

MAY 20, 2021

He set his sights on CapLOC , a North Carolina-based mortgage lending business, and tried to sell CapLOC First Mortgage Company’s lending arm for a quick buck. billion for the government-sponsored entity. As part of the plea deal, the government agreed not to push for a sentence longer than 8.5

Mortgage 480

Mortgage Government Lending Insurance 480

Housing Wire

OCTOBER 30, 2023

In a recent interview with HousingWire, loanDepot CEO Frank Martell said the company is not chasing business that doesn’t make sense but trying “to make sure our focus is on the strategic growth areas that we think will contribute to the first-time homebuyer, diverse lending and affordable” lending.

Lending 493

Lending Retail Finance Insurance 493

Housing Wire

NOVEMBER 11, 2021

In September, Biden’s administration also called on state and local governments to “reduce zoning and financing barriers to these kinds of housing – housing that allows families to achieve homeownership and build wealth.”.

Finance 476

Finance Valuation Insurance Lending 476

Housing Wire

APRIL 19, 2022

Servicers for FHA-insured mortgages can offer the modification immediately, according to the latest update to FHA’s mortgage lending policies. Other government entities, including Fannie Mae , Freddie Mac and the United States Department of Agriculture , have already implemented a 40-year loan modification term option.

Insurance 508

Insurance Development Mortgage Government 508

Housing Wire

NOVEMBER 29, 2023

Government-owned corporation Ginnie Mae announced on Wednesday that it has revised its definition for high-balance loans, conforming to new limits announced earlier this week by the Federal Housing Finance Agency (FHFA), according to All Participants Memorandum (APM) 23-13. Virgin Islands, the one-unit property limit is ​$1,149,825​​.

Insurance 448

Insurance Finance Government Lending 448

Housing Wire

APRIL 1, 2025

The only single-family program that did not return a 403 error at the time of this writing is mortgage insurance for disaster victims. The single-family partner page also no longer includes a dedicated section for Federal Housing Administration (FHA)-insured mortgage servicing.

Modernization 269

Modernization Insurance Technology Design 269

Housing Wire

JUNE 9, 2021

Bank CRA obligations cover far more than their mortgage lending. IMBs have expanded because of the warehouse lending and short-term credit provided them by the nation’s depositories and because they can sell their loans into the government-guaranteed agency secondary market ( Ginnie Mae , Fannie Mae , Freddie Mac ).

Lending 516

Lending Development Government Finance 516

Housing Wire

OCTOBER 4, 2022

The Federal Housing Administration (FHA) on Tuesday issued a request for feedback from the public on how it can increase access to small balance mortgages through its single-family mortgage insurance programs. Notably, denial rates for small-dollar mortgage loans are higher than for larger loans in both government and conventional channels.

Mortgage 418

Mortgage Government Lending Finance 418

Housing Wire

DECEMBER 14, 2020

Nexsys Technologies , a subsidiary of Rocket Companies , launched its Clear HOI platform for all mortgage lenders on Wednesday – a new product it says will cut homeowners’ insurance verification time to mere minutes. Other insurance companies already integrated with the platform include Allstate , Liberty Mutual and Farmers Insurance.

Mortgage 416

Mortgage Insurance Lending Technology 416

Housing Wire

JUNE 5, 2024

“Today, HUD is providing new resources for preserving and revitalizing these communities by providing FHA-insured financing to mission-focused groups to buy or refinance and revitalize manufactured homes.

Finance 529

Finance Government Renovations Design 529