Housing Wire

NOVEMBER 15, 2022

Lending standards tightened in October, largely due to higher mortgage rates and the worsening outlook for the economy, the Mortgage Bankers Association (MBA) said. A decline in the index, benchmarked to 100 in March 2012, is an indicator that lending standards are tightening, while an increase suggests loosening credit standards.

Lending 501

Lending Government Mortgage Housing Market 501

Appraisal Buzz

JULY 1, 2024

These surveys gather feedback on borrowers’ experiences during the mortgage process, their perceptions of the mortgage market, and their future expectations. With the release of the public use file, we invite researchers to help us understand the challenges facing consumers and help us to find ways to improve the market for consumers.”

Government 411

Government Mortgage Design Property Appraisal 411

Appraisal Buzz

MARCH 4, 2025

Women do hold a dominant percentage of Mortgage Processor positions, at 78%, and 56% of marketing positions. Members include women in finance and banking; architecture, engineering, and construction; government; historic preservation and more, providing a rich tapestry of information for the participants.

Lending 221

Lending Mortgage Loan Officers Architecture 221

Housing Wire

JULY 2, 2024

Patrice Ficklin, who has served at the Consumer Financial Protection Bureau (CFPB) since the agency’s founding in 2011, will depart for Fannie Mae to serve as the government-sponsored enterprise’s fair lending officer. CFPB Director Rohit Chopra praised Ficklin’s fair lending work in a statement published by American Banker.

Lending 435

Lending Human Resources Law Government 435

Housing Wire

MAY 17, 2024

Chase Home Lending , the consumer and commercial banking arm of JPMorgan Chase & Co. , Current market dynamics have impacted the affordability of homeownership for many Americans, and at the same time, competition has only increased,” Sean Grzebin, head of consumer originations for Chase Home Lending, said in a statement.

Lending 481

Lending Real Estate Agent Contracts Government 481

Housing Wire

DECEMBER 17, 2024

The Consumer Financial Protection Bureau (CFPB) on Tuesday announced a final rule governing the Property Assessed Clean Energy ( PACE ) loan program. The subprime lending crisis previously induced Congress to bolster lending protections, and the new rule now applies the same safeguards to the PACE program, the bureau said.

Mortgage 396

Mortgage Renovations Finance Property Taxes 396

Housing Wire

JUNE 20, 2024

Michael Saleh, a former senior vice president of Rocket Mortgage who spent about two decades at the company, has transitioned from the retail lending channel to wholesale by launching independent brokerage firm Zoom Home Lending. “Rocket went public and the times have changed. Department of Veterans Affairs ( VA) and U.S.

Lending 459

Lending Brokerage Human Resources Real Estate Agent 459

Housing Wire

JANUARY 16, 2025

The agency noted that the fraudulent callers pose as legitimate lenders by spoofing the caller ID number of the homeowner’s actual lending institution. If someone calls claiming to be a government official, the FCC recommends hanging up and instead calling the number listed on that government agency’s official website.

Mortgage 370

Mortgage Insurance Government Lending 370

Appraisal Buzz

AUGUST 23, 2024

billion in new mortgages for apartment buildings with five or more units, according to the Mortgage Bankers Association’s (MBA) annual report of the multifamily lending market. billion in multifamily lending volume represents a 49 percent decrease from 2022 levels. Last year’s $246.2

Lending 366

Lending Investors Government Real Estate 366

Housing Wire

MARCH 5, 2025

Conventional refinance applications rose 34% and government refinance applications increased by 42% over the week, Joel Kan , the MBAs vice president and deputy chief economist, said in the announcement. The move in government refinances was driven by a 75% increase in VA loans, which have been prone to large changes in recent months.

Loan Officers 339

Loan Officers Renovations Government Buyers 339

Housing Wire

FEBRUARY 26, 2025

They discovered a high level of government involvement and a host of industry participants eager to chat with their professional counterparts from thousands of miles away. government involvement The NRMLA Annual Meeting in September 2024 featured several guests from the federal governments housing arm, the U.S.

Mortgage 335

Mortgage Government Development Business 335

Housing Wire

FEBRUARY 27, 2023

RMK Financial Corporation , which does business as Majestic Home Loans , has been permanently banned by the Consumer Financial Protection Bureau (CFPB) from the mortgage lending industry following a series of repeat offenses — which occurred despite the CFPB’s law enforcement order issued in 2015. government.

Lending 397

Lending Advertising Mortgage Law 397

Housing Wire

MARCH 31, 2023

The Consumer Financial Protection Bureau (CFPB) has finalized the rule on small business lending, which fulfills a mandate from Congress and aims to increase transparency while mitigating discrimination. For decades, the government has assembled data pursuant to Congressional mandates on residential mortgages,” the CFPB said.

Lending 397

Lending Business Government Design 397

Housing Wire

DECEMBER 14, 2023

Mortgage industry trade group Community Home Lenders of America (CHLA) is urging government agencies to begin to have conversations surrounding the impact of the jury verdict and potential court ruling in the Sitzer/Burnett commission lawsuit on lending practices.

Lending 448

Lending Mortgage Finance Government 448

Housing Wire

MARCH 6, 2025

The mortgage addition follows similar integrations for rental screening and auto lending. After years of sluggish activity due to inflation , high interest rates and a tight housing market, mortgage originations are expected to rise to 5.7 million in 2025, up from 4.6 million in 2024, according to TransUnion.

Tools 352

Tools Mortgage Human Resources Lending 352

Housing Wire

AUGUST 1, 2023

This is according to an annual report of the multifamily lending market compiled and released by the Mortgage Bankers Association (MBA). The association characterized the market as generally healthy, despite challenges that faced lending industries broadly last year.

Lending 369

Lending Government Real Estate Mortgage 369

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

Housing Wire

MAY 7, 2024

Carrington Mortgage Services (CMS) hired Steven Winokur to serve as vice president of marketing for third-party originations (TPO), the company announced Tuesday. Carrington Mortgage Services provides non-QM loans, conventional loans and government-backed mortgages through the Federal Housing Administration ( FHA ), U.S.

Marketing 446

Marketing Retail Lending Investing 446

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 7, 2025

But that only represents part of how consumers feel about market conditions. Higher mortgage rates and home prices are still keeping many buyers and sellers away from the market, according to Fannie Mae. The share of respondents who believe it’s a good time to sell a home remained unchanged from December at 22%.

Housing Market 370

Housing Market Marketing Mortgage Sellers 370

Housing Wire

FEBRUARY 14, 2025

The government-sponsored enterprise (GSE) had net income of $4.1 In 2024, Fannie Mae provided $381 billion of liquidity to the single-family and multifamily mortgage markets. On Friday, Fannie Mae reported $17 billion in net income in 2024, down slightly from its $17.4 billion profit in 2023.

Mortgage 354

Mortgage Government Lending Finance 354

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

FEBRUARY 28, 2023

Virginia-based mortgage bank Prosperity Home Mortgage, LLC has acquired the assets of Arizona-based JFQ Lending, LLC to explore the direct-to-consumer channel. However, amid a challenging mortgage market, monthly production fell from over $1.1 billion in the last 12 months, according to the mortgage data platform Modex.

Lending 397

Lending Loan Officers Government Realtors 397

Appraisal Buzz

NOVEMBER 26, 2024

Housing Market Supply and Demand: An analysis of housing inventory trends and construction pressures affecting pricing and availability. Impact of the 2024 Presidential Election: Perspectives on how the recent election may influence economic policies, industry regulations, and the real estate market in the coming years.

Real Estate 367

Real Estate Tenants Insurance Construction 367

Housing Wire

OCTOBER 7, 2024

As market conditions fluctuate and regulatory scrutiny intensifies, lenders must adopt a comprehensive approach to QC that goes beyond compliance checkboxes. This approach integrates QC principles throughout the lending process, from application to servicing. Click Here

Lending 459

Lending Mortgage Training Technology 459

Appraisal Buzz

MARCH 17, 2025

According to the Mortgage Bankers Association (MBA), theMortgage Credit Availability Index (MCAI)indicates that mortgage credit availability rose in Februarydespite economic changes and housing market uncertainty. Both conventional and government credit supply expanded over the month. In February, the MCAI increased by 1.4%

Buyers 221

Buyers Mortgage Government Lending 221

Housing Wire

FEBRUARY 3, 2025

Have complaints been submitted that could impact any licenses or tickets from government-sponsored enterprises? Is there a potential pattern of questionable practices and activities based upon allegations filed with government organizations? Is the seller subject to a probationary review?

Mortgage 418

Mortgage Contracts Insurance Sellers 418

Housing Wire

MAY 17, 2023

Recent home price declines are leading to decreased tappable equity, but there are still opportunities in home equity lending, according to a report published by Home Equity Lending News. And as instant online automated approval and closing continues to elude home equity lending, attention has turned to artificial intelligence.

Lending 397

Lending Valuation Mortgage Government 397

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

Housing Wire

MAY 7, 2024

Recent data from Inside Mortgage Finance shows a significant leap in broker market share, jumping to 24.3% Government data from HMDA shows borrowers are saving, on average, over $9,400 over the life of a loan. The broker model is not just surviving but thriving and will continue to gain market share in the lending landscape.

Retail 476

Retail Marketing Loan Officers Government 476

Housing Wire

JULY 19, 2024

In a competitive market full of options, banks must rely on more than their rate sheet to compete for the business of third-party originators. We specialize in non-agency loans, including bank statement loans, government lending, new construction and renovation products, and HELOCs , positioning us as a leader in the industry.”

Training 466

Training Renovations Lending Clients 466

Housing Wire

FEBRUARY 9, 2021

while the Jumbo MCAI measuring high-balance loans rose 2.2%, and the Conventional MCAI that measures loans not backed by the government rose 4.8%. The Government MCAI that includes mortgages backed by the Federal Housing Administration , the Veterans Administration and the U.S. Department of Agriculture fell by.1%, 1%, MBA said.

Mortgage 542

Mortgage Lending Government Contracts 542

Housing Wire

APRIL 14, 2022

Consolidation in the mortgage industry is likely in 2022, analysts and lending executives said. “I had not done first mortgage lending before, but I was familiar with the basics of real estate lending. “I had not done first mortgage lending before, but I was familiar with the basics of real estate lending.

Mortgage 526

Mortgage Marketing Retail Lending 526

Housing Wire

JULY 18, 2023

Residential mortgage-backed securities guaranteed by the government-sponsored enterprises wouldn’t be affected by the change. Such a move would almost certainly result in a smaller presence in the mortgage market from the country’s largest banks, which have been gradually retreating for years. Bloomberg reported that U.S.

Lending 370

Lending Mortgage Insurance Government 370

Housing Wire

JUNE 23, 2021

He believes that their large market presence is a problem, and the result of being undercapitalized. Their large market presence is not because of their capital levels, however, but because they provide something no institutions other than FHA , USDA and VA provide: the government guarantee. In short, it makes no sense.

Finance 545

Finance Government Lending Investing 545

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. .” How is it so fast?

Business 332

Business Renovations Investors Market Value 332

Housing Wire

AUGUST 8, 2024

Although there is no doubt that business practice changes outlined in the National Association of Realtors’ (NAR) nationwide commission lawsuit settlement agreement are going to impact how real estate industry professionals operate, economists aren’t too sure they’ll have much bearing on the housing market. “I

Housing Market 488

Housing Market Marketing Mortgage Sellers 488