Housing Wire

APRIL 2, 2021

White label title insurance franchise Proliant Settlement Systems announced Friday the acquisition of Great Northern Title Insurance Agency (GNTIA) in Michigan as a franchisee. ” This was appealing to GNTIA owner Neville Nofar, who also counts Great Northern Tax and Great Northern Insurance Agency as part of his portfolio.

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Insurance Agents Training Valuation 258

Housing Wire

OCTOBER 11, 2023

Name Job Title Company Name Aaron VanTrojen CEO Geneva Financial Home Loans Abbie Tidmore Senior Managing Director and Chief Revenue Officer Pennymac Adam Kessler CEO Academy Mortgage Baron Silverstein President Newrez Ben Madick Co-Founder and CEO Matic Insurance Bernadette Kogler Co-Founder and CEO RiskSpan Bill Rogers Founder and CEO Homeowners (..)

Realty 482

Realty Real Estate Technology Lending 482

Appraisal Buzz

MAY 6, 2024

Adam Johnston has joined Candescent Capital Ventures , a private equity firm specializing in investments in the PropTech space, as senior vice president, chief program management and valuation officer. Over the past 20 years, he has served in key leadership roles in mortgage banking, private mortgage insurance, and appraisal management.

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Valuation Project Management Design Insurance 195

Housing Wire

OCTOBER 14, 2020

Though its earnings were disappointing overall, residential lending at Wells Fargo rebounded in the third quarter, both in terms of income and origination volume. billion in income from its residential lending operation, up from $317 million in the prior quarter. billion to insure against any losses on its active loans.

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Business Mortgage Lending Valuation 474

Housing Wire

DECEMBER 1, 2021

eMerge, a company that offers alternative valuation solutions, including broker price opinions (BPOs), will allow Accurate Group to increase its broker network and leverage property inspection technology, the company said. The acquired company will operate as a standalone division.

Valuation 375

Valuation Technology Inspection Investing 375

Housing Wire

MAY 27, 2022

In his own statement Thursday, Chopra said companies have “legal responsibilities when they let a black-box model make lending decisions.”. The CFPB has raised concerns in the past that algorithmic models perpetuate discriminatory mortgage lending practices.

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Law Valuation Legal Government 445

Housing Wire

APRIL 27, 2021

Legislation in Congress would try to solve for inconsistencies in appraisal underwriting, a lack of diversity in the profession, and the legacy of property valuation discrimination. Emanuel Cleaver (D-MO) and Rep. Once formed, the task force would “harmonize” collateral underwriting standards, the bill reads.

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Appraisal Valuation Design Real Estate 397

Housing Wire

JANUARY 10, 2025

. “Many of them have worked with Incenter in one capacity, such as MSR trading , and are delighted with our full spectrum of solutions in other areas, such as servicing valuation and brokerage through Incenter Capital Advisors.” Before joining Incenter, Rose oversaw national valuation sales at Homegenius.

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Valuation Property Taxes Insurance Clients 330

Housing Wire

JUNE 30, 2021

ServiceLink, which is backed by Fidelity National Financial, meets the unique needs of wholesale lenders by providing title insurance, appraisals, flood certificates and closing services. ServiceLink’s unique tech-enabled mortgage services include valuations as well. Brian Pidgeon, Vice President.

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Valuation Client Relationships Inspection Clients 196

Housing Wire

SEPTEMBER 10, 2021

Orchard , which operates a home-buying and selling platform, announced it has raised $100 million in Series D funding at over a $1 billion valuation. It also launched its lending division, Orchard Home Loans, in July. It also launched its lending division, Orchard Home Loans, in July. North Carolina and Texas.

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Lending Insurance Investors Real Estate 390

Appraisal Buzz

JUNE 26, 2024

A new rule was passed by the Consumer Financial Protection Bureau (CFPB) to address the use of artificial intelligence and complicated algorithms in home valuations, both now and in the future. This appraisal is used by mortgage lenders to calculate the maximum amount they will lend on a property.

Appraisal 391

Appraisal Tools Real Estate Appraisal Process 391

Housing Wire

JULY 19, 2021

Shares closed trading at $20.90, giving Blend a valuation of around $4.6 Blend’s investors are apparently convinced that the company can radically transform lending, simplifying and digitizing regimented-but-clumsy processes that are still rather paperwork-heavy. “So, the roadshow was very, very well received.”

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Insurance Investors Technology Real Estate Agent 396

Housing Wire

OCTOBER 25, 2024

However, this era is ending, leading to an expected increase in mortgage lending and an uptick in RMBS issuance, especially in H1 2025. The issuers whose underwriting and valuation procedures are more accurate/conservative will win the differentiation battle and become known as top-tier issuers. Find an alternative!

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Supply Chain Investors Insurance Lending 444

Housing Wire

JUNE 7, 2022

On the servicing side, a default servicer will work with a number of third-party vendors to gather collateral valuation, title information, property inspections and field services reports. Servicers, especially those who service government-insured loan products, are under statutory time constraints that give them very little wiggle room.

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Lending Mortgage Technology Modernization 284

Housing Wire

JULY 27, 2021

Unlike lenders or servicers for Fannie Mae and Freddie Mac , Ginnie Mae issuers are responsible for passing along payments to investors after borrower equity, federal agency and mortgage insurance resources are exhausted. If those issuers fail, Ginnie Mae is ultimately responsible for making those investor payments.

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Insurance Finance Government Mortgage 458

Housing Wire

APRIL 20, 2021

” Fercho, the head of home lending at Wells Fargo, asked Calabria about the 7% hard cap and what stakeholders can do now before any new amendments are put into place. That would be like if Wells said, ‘Well, we’ve got deposit insurance so who cares.'”

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Finance Investing Lending Legal 503

Housing Wire

AUGUST 17, 2022

The partnership with Palantir, co-founded by Peter Thiel, appears to be an attempt to resuscitate a company that not long ago was hailed as being at the vanguard of innovation in the digital lending space, but more recently has been exposed by a lack of reliable purchase business and a series of self-inflicted scandals.

Investors 443

Investors Valuation Brokerage Mortgage 443

Housing Wire

MARCH 12, 2024

million to fund a training grant that would, in part, “enable specialized training that will prepare counselors to support expanded HECM counseling and to better understand property valuation bias so that they can effectively counsel clients on this topic,” according to congressional justifications for the budget. HUD is requesting $2.5

Mortgage 360

Mortgage Insurance Training Government 360

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. Freddie Mac and Fannie Mae give [lenders] a little bump on their origination fee to encourage small-dollar lending,” said Loftin.

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Mortgage Government Lending Finance 356

Housing Wire

SEPTEMBER 9, 2021

How fine-tuning MSR valuations can help lenders improve decision-making. If we’ve learned anything in the past year, it’s that operational flexibility and accurate servicing valuation are key to lending profitability. “We Applications for Veterans’ Affairs mortgages increased to 10.4% from 11.2%.

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Mortgage Valuation Home Value Inventory 491

Housing Wire

DECEMBER 7, 2023

Watch Now The challenge and power of updating your brand Speaker: WeiLing Jang, Chief Marketing Officer, CoreLogic.

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Modernization Retail Valuation Insurance 382

Housing Wire

FEBRUARY 16, 2022

In today’s competitive real estate market, an increasing number of real estate investors are turning to private money lenders to help them close deals faster, enhance property valuations, and increase their returns. If your state requires a lending license, make sure a the lender is licensed.

Real Estate 397

Real Estate Investing Investors Renovations 397

Housing Wire

AUGUST 7, 2020

Suazo has over 15 years of leadership experience in the mortgage lending space with firms including Stearns Lending , Bank of America , Carrington Holding Company and CloudVirga. Before that Yankowski was president and CEO of Executive Title Insurance Services.

Technology 283

Technology Law Lending Legal 283

Housing Wire

OCTOBER 7, 2020

Behind him, the recent financial crisis still cast a cautionary shadow over new business development, but ahead he saw opportunities for a client-centric, tech-focused family of companies in the title insurance and real estate settlement services industry. Now, at WFG’s 10-year anniversary, this vision holds even more relevance.

Real Estate 367

Real Estate Insurance Technology Loan Officers 367

Housing Wire

MARCH 9, 2021

How hybrid title and valuations help increase lending efficiency. And the issue is only compounded by the fact that every state (and seemingly, every city) has its own rules and requirements to issue title insurance and hold a closing. It’s also a selling point to your potential lending clients. Presented by: Altisource.

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Marketing Technology Lending Business 445

Housing Wire

AUGUST 18, 2022

Mortgage servicing rights are vulnerable to high-volatility market conditions, Ginnie Mae said, and MSRs also pose a valuation and liquidity risk. Mortgage banks act as intermediaries between borrowers and the government entities that set guidelines for mortgage lending.

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Government Mortgage Valuation Business 410

Housing Wire

AUGUST 26, 2021

Stewart has been on an acquisition tear in the past 18 months, closing deals to acquire over a dozen companies — including Cloudvirga , NotaryCam , Pro Tek Valuation Intelligence , United States Appraisals , and A.S.K. It claims to have more than 3,000 customers in lending and real estate. Services , just in March.

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Real Estate Valuation Investing Tools 412

Housing Wire

AUGUST 12, 2020

This article was written for FinLedger, HW Media’s new fintech-focused news brand designed specifically for financial services professionals in banking, insurance and real estate. Blend announced Wednesday it has raised a $75 million Series F round at a valuation of nearly $1.7 Stay tuned for updates.

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Investing Loan Officers Technology Development 505

Housing Wire

APRIL 24, 2023

Best Practices for Affiliated Partnerships,” will examine the importance of aligning your brokerage with strong partners in mortgage, title, insurance and other services. Outside his role at TMS, Lykken is also the host of two podcasts: “Lykken on Lending,” and “Lykken on Leadership.”

Real Estate 309

Real Estate Valuation Brokerage Insurance 309

Housing Wire

MARCH 31, 2021

Among the unknowns servicers face in 2021 are changes that could affect lender-placed insurance (LPI). The CFPB also rolled back leniency on reporting of certain information related to credit card and prepaid accounts under the Truth in Lending Act, Regulation Z, and Regulation E.

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Appraisal Insurance Lending Development 435

Housing Wire

FEBRUARY 14, 2024

Since the Federal Deposit Insurance Corporation (FDIC) insures only up $250,000, the banks’ wealthier customers panicked and demanded all of their money immediately. When interest rates shot up, their customers needed cash at the same time that the banks’ assets became less valuable.

Mortgage 404

Mortgage Real Estate Insurance Tenants 404

Housing Wire

MAY 2, 2021

As many real estate professionals saw firsthand, the valuation process was disrupted by the coronavirus pandemic. The many applications for financial institutions of this technology include Home Equity Lending to Insurance inspections.

Inspection 369

Inspection Appraisal Real Estate Agent Technology 369

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.” million, excluding the valuation and non-recurring items. “At the same time, our servicing portfolio — now near $650 billion in unpaid principal balance and nearly 2.6

Government 371

Government Investing Mortgage Valuation 371

Housing Wire

JULY 6, 2021

Mortgage software platform Blend Labs set terms for its initial public offering Tuesday including its goal to raise up to $360 million for a targeted valuation of nearly $4 billion. But Mayopoulos has also stated that virtually “every aspect of mortgage lending can be improved through digitization.”.

Technology 384

Technology Mortgage Valuation Insurance 384

Housing Wire

JUNE 11, 2021

An appraisal is a valuation of a property by a third party. Something buyers aren’t aware of is that the appraisal process can take a while, depending on location, geography and the number of appraisers available at a company,” said Anthony Masseria, Vice President and Area Lending Manager at Citi.

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Inspection Appraisal Appraisal Process Buyers 458

Housing Wire

APRIL 16, 2021

billion valuation. The digital lending software provider has even been breaking into adjacent businesses of late. Doma , a title insurance firm , and digital lender SoFi are also both hoping to go public this year at valuations of $3 billion and about $9 billion, respectively. That January round gave Blend a $3.3

Valuation 270

Valuation Technology Lending Investing 270

Housing Wire

MARCH 26, 2021

Judd Hoffman has been hired as chief executive officer for Proper Title LLC , an Illinois-based title insurance agency that’s backed by top independent real estate brokerage @properties. How hybrid title and valuations help increase lending efficiency. And they’re in expansion mode. Streamline by combining services.

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Brokerage Real Estate Insurance Valuation 262