Housing Wire

MARCH 25, 2021

Private mortgage insurance helped over 2 million low downpayment borrowers secure mortgage financing in 2020, a 53% increase from 2019, according to data from the government sponsored entities. The private mortgage insurance industry also supported $600 billion in mortgage originations.

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Housing Wire

JULY 25, 2024

Home insurance premiums have risen by as much as $865 this year for homeowners who originally purchased their policies in 2021. In response, the mortgage industry and federal regulators are aiming to determine the best courses of action to mitigate the financial burdens on both homeowners and insurance carriers.

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Insurance Mortgage Government Marketing 476

Housing Wire

FEBRUARY 3, 2025

There is constant movement in the mortgage industry with the desire for growth and expansion. Thus, it has never been more important to focus on due diligence in analyzing a mortgage industry acquisition target. Regulatory compliance The mortgage industry is heavily regulated and subject to scrutiny by both State and Federal agencies.

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Housing Wire

JANUARY 22, 2025

Mortgage escrow accounts are an important, yet widely misunderstood asset in the housing market. Although 80% of mortgage holders have escrow accounts, only 60% fully understand them, up from 52% in early 2024. Almost half (44%) of respondents also said they would experience hardship if their mortgage payments increased.

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Property Taxes Insurance Mortgage Government 397

Housing Wire

JANUARY 13, 2025

Government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac are aiming to remind homeowners and renters impacted by the ongoing wildfires in Los Angeles of various relief options. Once out of harms way, we encourage homeowners in these affected areas to contact their mortgage servicer to learn about relief options.

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Housing Wire

MAY 21, 2024

After two years of limited demand, private equity and insurance companies are increasing their allocations to single family residential mortgages. These strong fund flows are resulting in tighter credit spreads, higher prices, and an increased focus on sourcing new originations.

Insurance 488

Insurance Mortgage Investors Finance 488

Housing Wire

JULY 30, 2024

As the mortgage and real estate markets continue to face challenges, nearly 800,000 low down payment home purchases in 2023 leveraged private mortgage insurance (PMI), with first-time homebuyers accounting for 64% of the total. Mortgage Insurers (USMI). trillion in mortgages.

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Insurance Mortgage Finance Buyers 459

Housing Wire

JANUARY 21, 2025

After years of high interest rates, and price spikes, mortgage lenders are optimistic heading into 2025. Fannie Mae predicts a 28% increase in mortgage originations to $2.1 The Mortgage Bankers Association (MBA) also predicts that total origination volume will increase by 28.5%

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Mortgage Investors Insurance Modernization 370

Housing Wire

DECEMBER 16, 2022

For most real estate industry professionals, title insurance needs no introduction. A trusted product , title insurance has been used to protect real estate transactions and property rights for over a century. Title insurance is different than most other insurance products. Diane Tomb, ALTA CEO Contributor.

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Insurance Legal Fees Government Real Estate 493

Appraisal Buzz

MARCH 20, 2025

The most recent Commercial/Multifamily Mortgage Debt Outstanding quarterly report from the Mortgage Bankers Association (MBA) shows that the amount of outstanding commercial and multifamily mortgage debt at the end of 2024 was $172 billion (3.7%) more than at the end of 2023. During Q4 multifamily mortgage debt increased by $38.9

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Mortgage Insurance Government Investors 195

Housing Wire

FEBRUARY 3, 2025

The Tech100 Mortgage award recognizes the most innovative and impactful organizations driving the mortgage industry forward. 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.

Mortgage 417

Mortgage Valuation Lending Technology 417

Appraisal Buzz

OCTOBER 11, 2024

Department of Housing & Urban Development (HUD) will co-host the “Mortgage Market Resilience and Access to Credit Summit” on Tuesday, October 15 at HUD’s headquarters. Independent mortgage banks play a key role in making this a reality, and this summit will shine a spotlight on their essential contributions to our housing market.”

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Marketing Mortgage Finance Retail 370

Housing Wire

FEBRUARY 7, 2025

The governing council of the nations capital, Washington, D.C. is taking steps to establish a permanent program seeking to protect its older residents with reverse mortgages from foreclosure. In mid-January, the D.C. In mid-January, the D.C. Mayor Muriel Bowser approved the measure on Jan. It was extended to last until the end of 2021.

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Mortgage HOA Law Insurance 343

Housing Wire

APRIL 1, 2025

The current reverse mortgage industry market leader, Mutual of Omaha Mortgage , announced on Tuesday that it has launched a new proprietary reverse mortgage product, with initial availability in California and Florida. The product line, known as SecureEquity, is available to homeowners as young as age 55.

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Mortgage HOA Property Taxes Clients 307

Housing Wire

JULY 10, 2024

United Wholesale Mortgage (UWM) announced on Wednesday that it will temporarily give a 125-basis points incentive in some government refinancing programs, another step to guarantee the retention and attraction of home borrowers looking to lower their mortgage rates. The top U.S.

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Government Design Insurance Mortgage 448

Housing Wire

MAY 14, 2024

The firm attributed its stronger results to better performance from both its F&G segment and its title insurance segment. In April, purchase open orders per day were up 4% over last year, but higher mortgage rates may temper purchase volumes going forward. The firm’s title segment reported $1.7

Insurance 476

Insurance Real Estate Sellers Housing Market 476

Housing Wire

MAY 20, 2024

Fraud and forgery claims represented more than one-fifth of the total dollars spent by title insurers on claims expenses and losses over the past decade, according to a study conducted by Milliman and commissioned by the American Land Title Association (ALTA). the risk of not purchasing a title insurance policy is far too high.”

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Insurance Inspection Government Mortgage 497

Housing Wire

SEPTEMBER 15, 2023

government is seeking to sell $13 billion worth of mortgage bonds amassed after the failures of both Silicon Valley Bank (SVB) and Signature Bank earlier this year.

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Government Mortgage Insurance Investors 448

Housing Wire

APRIL 2, 2025

On the heels of launching a new proprietary reverse mortgage product, Mutual of Omaha Mortgage has announced the hiring of reverse mortgage industry veteran Tracy Milligan to serve as its director of strategic initiatives. She officially joined Mutual of Omaha last month, according to her LinkedIn profile.

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HOA Property Taxes Insurance Government 339

Housing Wire

OCTOBER 6, 2023

New American Funding ’s partnership with Matic Insurance and OneSource Solution will provide insurance and home setup services for existing and new customers while NAF is processing the loan. Mortgage customers can bundle food, wind, auto, pet, life and other personal lines of insurance through NAF Insurance, which is powered by Matic.

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Insurance Brokerage Government Real Estate 459

Housing Wire

OCTOBER 2, 2023

Lawmakers from the House of Representatives and the Senate averted a government shutdown on Saturday, just hours ahead from a funding lapse. Passage allows Congress to fund the government for 45 days, provide $16 billion in disaster assistance, and temporarily extend the National Flood Insurance Program. the NAR said.

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Insurance Government Home Value Realtors 448

Housing Wire

OCTOBER 25, 2023

A brewing crisis is emerging around homeowners insurance and thus far the finance and insurance community has not offered any viable solutions. An overhaul of the homeowners insurance market is in order to prevent an impending catastrophe in the mortgage market. And that’s where policies are available.

Insurance 459

Insurance Finance Investors Mortgage 459

Housing Wire

JANUARY 24, 2025

Fitch Ratings reported this week that recent natural disasters that have damaged thousands of homes and businesses including the Southern California wildfires and hurricanes Milton and Helene in the Southeast are not expected to heavily impact paid claims experience or credit ratings for mortgage insurers.

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Insurance Mortgage Real Property Design 370

Housing Wire

MAY 20, 2022

Fannie Mae has executed its fifth Credit Insurance Risk Transfer (CIRT) deal of 2022, providing up to $733.3 million in mortgage-risk coverage for the private market. The transaction, CIRT 2022-5 involved a covered loan pool of 67,700 single-family mortgages with a total unpaid principal balance of about $21 billion.

Insurance 448

Insurance Mortgage Government Marketing 448

Housing Wire

OCTOBER 4, 2023

Senate and the House of Representatives introduced new bills requiring title insurance on mortgages purchased by government-sponsored enterprises (GSEs). The new language prohibits GSEs from purchasing conventional mortgages for one- to four-unit properties unless the loans have primary-lien title insurance.

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Insurance Government Mortgage Business 435

Housing Wire

JUNE 21, 2022

As someone who spent a career in the title insurance industry – both as a builder of a title business and leader of the industry’s trade group, — I am proud of the role we play in helping to protect what most Americans consider the biggest purchase of their lives. Why is a title search necessary for refinancing?

Insurance 518

Insurance Easement Real Estate Investing 518

Housing Wire

JANUARY 15, 2025

Title theft occurs when a criminal impersonates a property owner and sells or takes out a second mortgage on the owners property. Additionally, notaries are now required to confirm the identity of the document signer or affirmant through verification of a government-issued photo ID.

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Law Real Property Insurance Training 397

Housing Wire

OCTOBER 11, 2023

Under the waiver program, the government sponsored entity (GSE) would bypass traditional title insurance by granting certain mortgage lenders a waiver on title insurance requirements for loans sold to Fannie. In August, however, news broke that Fannie had decided to scrap the pilot program before it had even launched.

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Insurance Government Real Estate Finance 448

Housing Wire

OCTOBER 22, 2024

The third-quarter financials for Pennymac Financial Services illustrate the double-edged sword of declining interest rates for mortgage companies. With lower rates and more opportunities to refinance mortgages, Pennymac generated a pretax income of $108 million in Q3 2024 in its production segment, up from $41.3 million in Q3 2023.

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Government Investing Mortgage Valuation 435

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.

Insurance 468

Insurance Mortgage Legal Government 468

Appraisal Buzz

FEBRUARY 4, 2025

These areas have seen increases in severe weather exposure and insurance costs, resulting in a steady increase in the overall cost of homeownership. Insurance cost acceleration relative to home appreciation: Insurance costs are rising dramatically faster than mortgage payments. million in 2025. million in 2025.

Real Estate 391

Real Estate Marketing Insurance Property Taxes 391

Housing Wire

NOVEMBER 19, 2024

John Rogers is a well-known name in the world of mortgage and real estate data analysis. We have amazing data scientists who are building out new models — from reducing premiums on wildfire insurance in California to using image analytics so that an appraiser can capture the appraisal in real time and use it for quality assurance.

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Development Insurance Appraisal Real Estate 370

Housing Wire

JUNE 30, 2023

Indian Land, South Carolina-based lender Movement Mortgage has agreed to pay $23.75 million to settle allegations that it improperly originated and underwrote mortgages insured by the Federal Housing Administration (FHA) and Department of Veterans Affairs (VA) programs. Attorney Carla Freedman said in a statement.

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Government Insurance Mortgage Legal 397

Housing Wire

SEPTEMBER 20, 2023

The same home insurance scenario being played out in states like Florida and California due to elevated risk of natural disasters is becoming more pronounced in the Pacific Northwest according to a new report from the Seattle Times. No violation found.”

Insurance 435

Insurance Law Construction Government 435

Appraisal Buzz

NOVEMBER 26, 2024

Conerly’s analysis included interest rates, inflation, and the Federal Reserve’s strategic direction, with insights into consumer behavior, government spending, and construction. Stone also served as Vice Chairman of Metrocities Mortgage, and as Chairman of The Stone Group, an Austin, Texas-based tenant-represented brokerage company.

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Real Estate Tenants Insurance Construction 367

Housing Wire

APRIL 5, 2022

But what does virtual real estate mean for real-world mortgage professionals? Is there demand for “mortgages” to buy virtual real estate in the Metaverse? However, to call it a “mortgage” in the traditional sense may be incorrect, for now. TerraZero is not a licensed mortgage lender. Underwriting a Metaverse mortgage.

Real Estate 532

Real Estate Mortgage Property Taxes Law 532

Housing Wire

DECEMBER 1, 2021

A federal judge ordered Ronald McCord, the founder of Oklahoma City-based lender and servicer First Mortgage Company , who was also once the president of the Mortgage Bankers Association (MBA), to pay $51.8 million in restitution for mortgage fraud. billion for the government-sponsored enterprise.

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Mortgage Insurance Lending Government 544