Housing Wire

MAY 9, 2023

National Mortgage Insurance Corporation (National MI) announced on Tuesday its integration with Vesta , a loan origination system (LOS) provider and software-as-a-service company. ” National MI’s API platform lets lenders and LOS providers quickly and seamlessly retrieve accurate mortgage insurance quotes through Rate GPS.

Insurance 318

Insurance Mortgage Tools Technology 318

Housing Wire

JULY 24, 2024

While it may be easy to attribute the slower market conditions to the state’s well-publicized insurance issues , local agents say there is a perfect storm of factors. “It Insurance is still a major hurdle for many. Altos’ data shows that the 90-day median time on market jumped from 49 days a year ago to 70 days as of mid-July.

Inspection 461

Inspection Insurance Marketing HOA 461

Housing Wire

NOVEMBER 22, 2024

As low inventory levels, elevated mortgage rates and rising home prices keep the housing industry stagnant, short-term real estate investors — aka fix-and-flippers — faced market turmoil during the third quarter of 2024. On a national scale, 46% of investors reported facing more competition for deals than expected.

Investors 338

Investors Mortgage Property Taxes Inventory 338

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 379

Insurance Finance Investors Mortgage 379

Housing Wire

AUGUST 16, 2024

housing market may have slowed during the second quarter of the year, investors did not take their foot off the gas. The number of home purchases by investors rose 3.4% during the same period, which Redfin attributed to elevated mortgage rates and home prices. Although the U.S. In comparison, total U.S. home purchases fell 1.9%

Investors 433

Investors Tenants Real Estate Property Taxes 433

Appraisal Buzz

AUGUST 16, 2024

Investor activity in the U.S. Investors bought approximately one out of every six homes sold in the quarter, representing $43 billion in transactions, marking a 13.7% Investors bought approximately one out of every six homes sold in the quarter, representing $43 billion in transactions, marking a 13.7% year-over-year.

Investors 370

Investors Property Taxes Housing Market Real Estate 370

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

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 423

Insurance Mortgage Legal Government 423

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. The “Big Four” take on the upstarts in title insurance. All these investors need are properties to sell or rent.

Real Estate 459

Real Estate Investors Inventory Business 459

Housing Wire

MARCH 26, 2024

Still, despite the gloomy news of late for SFR and fix-and-flip investors, some industry experts see better fortunes ahead in 2024 for both sectors. “We In recent congressional testimony , Mortgage Bankers Association (MBA) chief economist Mike Fratantoni pointed out that the housing market is now extremely supply challenged.

Investors 459

Investors Marketing Inventory Real Estate 459

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.

Insurance 310

Insurance Mortgage Clients Finance 310

Housing Wire

MARCH 7, 2024

And so [investors] can start having greater conviction in the future path of interest rates and in the health of the mortgage market.” Non-QM mortgages include loans that cannot command a government, or “agency,” stamp through Fannie Mae or Freddie Mac. And future rate cuts mean less return [for investors].

Investors 381

Investors Government Mortgage Investing 381

Housing Wire

JUNE 21, 2022

Investors provide capital necessary for many families to fulfill their aspirations of living in a house whether renting or owning. How can investors help with homeownership? Let’s switch gears and consider how investors help with home ownership. But, who are these investors? To be precise, the average U.S.

Investors 418

Investors Renovations Inspection Government 418

Appraisal Buzz

DECEMBER 17, 2024

The most recent Commercial Delinquency Report from the Mortgage Bankers Association (MBA) shows that commercial mortgage delinquencies rose in the third quarter of 2024. These groups collectively own almost 80 percent of the outstanding debt from commercial mortgages. To read the full release, click here.

Mortgage 397

Mortgage Investors Real Estate Development 397

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 399

Business Investors Finance Home Improvement 399

Housing Wire

OCTOBER 18, 2024

“We have an investor who won’t do any deals in Florida or near major bodies of water.” ” A combination of soaring insurance rates and new regulations on condo association reserves and building maintenance work has created a surge in condo inventory in Florida. Condos are hard.

Marketing 478

Marketing Mortgage Finance Lending 478

Appraisal Buzz

JUNE 19, 2024

The total amount of commercial/multifamily mortgage debt outstanding climbed by $40.1 billion (0.9%) in Q1 of 2024, according to the Mortgage Bankers Association ‘s (MBA) most recent Commercial/Multifamily Mortgage Debt Outstanding quarterly report. The total outstanding commercial/multifamily mortgage debt increased to $4.70

Mortgage 368

Mortgage Insurance Government Real Estate 368

Housing Wire

OCTOBER 28, 2021

The firm announced Wednesday that it has acquired Denver-based digital mortgage automation and point-of-sales software company Floify. Floify projects $15 million of revenue in 2022 and is projected to bring in $2 million in revenue to Porch for the balance of 2021 post-close, Porch told investors. The acquisition cost Porch about $76.5

Mortgage 393

Mortgage Logistics Insurance Real Estate Agent 393

Housing Wire

JANUARY 4, 2023

The last week of the calendar year is usually a slow time for the mortgage industry, but 2022 was something else. Mortgage applications decreased 13.2% That’s because costs for borrowers were higher, reflecting the mortgage market’s response to the Federal Reserve ‘s tightening monetary policy.

Mortgage 527

Mortgage Loan Officers Insurance Investors 527

Housing Wire

SEPTEMBER 7, 2022

Miami-based fintech Milo has started to diversify its portfolio for investors with digital holdings by offering its first crypto-mortgage refinancing product, the company announced on Tuesday. Milo is not currently offering mortgage solutions outside the United States. The product has a fixed rate starting at 7.95%.

Mortgage 445

Mortgage Loan Conditions Finance Investing 445

Housing Wire

JULY 19, 2022

Miami-based fintech Milo has closed $10 million in cryptocurrency mortgages since unveiling the product earlier this year, the company announced early Tuesday. The lender’s 30-year crypto mortgage is designed to make it easy for investors to use their digital holdings to acquire homes in the U.S. or pursue refinancing.

Mortgage 435

Mortgage Design Insurance Lending 435

Housing Wire

NOVEMBER 9, 2023

New York-based digital lender Better Home & Finance Holding Company has partnered with information technology consulting company Infosys on a mortgage-as-a-service platform. Better’s mortgage as a service currently consists roughly 20% of its revenue and the lender aims to grow this business line, Garg said.

Mortgage 364

Mortgage Insurance Finance Technology 364

Housing Wire

FEBRUARY 22, 2024

Recent cyberattacks at mortgage companies have put the industry in alert mode, executives at top lenders, servicers, tech vendors and investors told HousingWire. According to the tech leader, “it feels like there’s a target on mortgages,” which makes sense considering the types of data and documents these companies deal with.

Mortgage 405

Mortgage Supply Chain Investors Technology 405

Housing Wire

NOVEMBER 1, 2022

Mortgage tech firms Mortgage Coach and Polly have teamed up on a new application programming interface (API) integration that guides borrowers through a visual representation of their loan options. The new API integration will feed real-time data from Polly’s cloud-based PPE into Mortgage Coach’s total cost analysis (TCA) presentation.

Mortgage 403

Mortgage Project Management Insurance Loan Officers 403

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. BlackRock Financial Market Advisory had preliminary conversations with investors about the bonds, the report said, citing unnamed sources.

Government 409

Government Mortgage Insurance Investors 409

Housing Wire

FEBRUARY 14, 2024

The rapid collapse of four regional banks that began last March shocked regulators and investors alike. Since the Federal Deposit Insurance Corporation (FDIC) insures only up $250,000, the banks’ wealthier customers panicked and demanded all of their money immediately. By the end of Feb. ” Days later on Feb.

Mortgage 404

Mortgage Real Estate Insurance Tenants 404

Housing Wire

NOVEMBER 8, 2022

Publicly traded lending software firm MeridianLink has acquired OpenClose , a fintech company that specializes in residential mortgage software solutions for banks, credit unions and mortgage lenders. How mortgage lenders are qualifying the value of fintech solutions. The company earned $71.8 Presented by: Total Expert.

Mortgage 394

Mortgage Lending Technology Insurance 394

Housing Wire

SEPTEMBER 9, 2024

The mortgage industry has complained loudly and often that government regulation and investor requirements are contributing to spiraling costs that get passed on to consumers. “They can add up to several percentage points of the total mortgage amount. . At least when it comes to redundancies with refinancings, that is.

Mortgage 438

Mortgage Law Technology Investors 438

Housing Wire

MARCH 19, 2021

Consumers, real estate agents, investors, mortgage lenders, insurance companies and other financial institutions need accurate valuations to inform their immediate decisions about investing in real estate and underwriting property. Todd Teta – guest columnist March HW Magazine.

Real Estate Agent 487

Real Estate Agent Real Estate Insurance Investors 487

Housing Wire

APRIL 4, 2023

Add Moon Mortgage to the list of fintechs offering crypto-backed mortgages. It has to be about how an investor can use it for real-world gains,” Tristan Marino, who co-founded the company with Aaron Nevin in 2022 after their frustration with the lack of digital asset applications, said in a statement.

Mortgage 349

Mortgage Investors Retail Investing 349

Housing Wire

OCTOBER 23, 2024

UWM has debuted a new cash-out refi product without mortgage insurance. United Wholesale Mortgage (UWM) has the mortgage industry abuzz over its latest product, a higher-risk, cash-out refinance at a time of economic uncertainty. The real advantage of this product lies in UWM’s aggressive marketing to mortgage brokers.

Insurance 421

Insurance Mortgage Investors Renovations 421

Housing Wire

JANUARY 19, 2023

When industry veteran Michael Strauss abruptly shut down Long Island-based Sprout Mortgage in early July, there was uproar. There were no severance packages, and even health insurance was canceled retroactive to May 2022, leaving some on the hook for huge medical bills. Shocked employees didn’t receive their last paychecks.

Mortgage 417

Mortgage Investors Legal Loan Officers 417

Housing Wire

AUGUST 16, 2023

A week after announcing a pivot in its business strategy , publicly traded title insurance firm Doma announced the sale of its retail operations in Florida on Tuesday. Doma’s Florida operation was purchased by Near North Title Group for an undisclosed sum. Near North Title Group purchased Doma’s Midwest locations in July.

Retail 284

Retail Insurance Technology Business 284

Housing Wire

JANUARY 13, 2021

have taken advantage of its mortgage relief provisions. Many of these challenges persist today, while new ones – like post-forbearance credit reporting, investor and year-end reporting for deferred balances – continue to arise. How the National Flood Insurance Program’s recent extension provides stability for the housing market.

Mortgage 438

Mortgage Investors Technology Housing Market 438

Housing Wire

FEBRUARY 24, 2022

Stocks fell Thursday as Russian troops launched a full-scale attack in Ukraine, and at least in the short-term, the turmoil could lower mortgage rates in the U.S. During large-scale disruptions, investors often flee to safer options, such as U.S. Treasury notes, bonds and mortgage-backed securities. Sponsored Video.

Mortgage 493

Mortgage Insurance Investors Housing Market 493

Housing Wire

FEBRUARY 7, 2024

According to a Bloomberg report, the bank has already started to offer its mortgage assets to investors in order to transfer the portfolio risks. Bloomberg, citing anonymous sources, reported that NYCB has contacted investors to finance a large portfolio of residential mortgages held by Flagstar Bank. It also had $84.3

Mortgage 388

Mortgage Marketing Investors Real Estate 388

Housing Wire

NOVEMBER 10, 2023

Redfin classified purchases as all-cash when transactions had no mortgage loan information on the deed. High mortgage rates are exacerbating inequality between people who own homes and people who don’t,” Redfin Senior Economist Sheharyar Bokhari said. In September, government-insured FHA loans represented a little over 15% of U.S.

Mortgage 448

Mortgage Buyers Insurance Government 448