Appraisal Buzz

FEBRUARY 17, 2025

Fourteen percent of mortgages backed by multifamily properties (not including those serviced by depositories) will mature in 2025, as will 18% of those backed by retail and healthcare properties. Life insurance companies will see $64 billion (9%) of their outstanding mortgage balances mature in 2025.

Mortgage 351

Mortgage Real Estate Investors Retail 351

Appraisal Buzz

OCTOBER 11, 2024

Census Bureau Advance Monthly Retail Sales (Thursday) Freddie Mac Primary Mortgage Market Survey (Thursday) U.S. Also in The Week Ahead Fannie Mae’s Refinance Application-Level Index (RALI) (Tuesday) InsureTech Connect 2024 (Tuesday) Realtor.com Weekly Housing Market Recap (Wednesday) U.S.

Marketing 370

Marketing Mortgage Finance Retail 370

Housing Wire

AUGUST 14, 2023

Doma executives noted that the sales of its Midwest, Texas, and Central and Northern California retail offices were prompted by this change in strategy and have helped Doma further reduce costs. “We We have now sold all of our local operation to several suitors for a total gross price in excess of $35 million,” Simkoff said.

Insurance 370

Insurance Business Retail Investors 370

Housing Wire

FEBRUARY 11, 2021

“Big Four” title insurer First American Financial Corp. Also announced by the title insurer was a total of $1.1 segment pretax margin of title insurance and services. The sales were made with Safeco Insurance , a Liberty Mutual company, and Heritage Insurance Holdings. announced a healthy $7.1

Insurance 515

Insurance Retail Business Mortgage 515

Housing Wire

MARCH 29, 2021

She was also an in-house corporate attorney with an NYSE-traded retail company prior to Brookfield Properties, where she was responsible for corporate, finance, and international matters. Smith, as president of KHFS, will oversee improvements on the digital side of the mortgage and insurance service offerings.

Retail 435

Retail Insurance Legal Finance 435

Housing Wire

FEBRUARY 7, 2024

The agency updated and clarified property insurance requirements at the direction of the Federal Housing Finance Agency (FHFA) to align with Freddie Mac policy, which says that “policies that limit, depreciate, reduce or otherwise settle losses at anything other than a replacement cost basis are […] not acceptable.”

Retail 476

Retail Project Management Insurance Landlords 476

Housing Wire

MARCH 29, 2024

Publicly traded real estate technology company Doma Holdings has entered into a definitive agreement to sell to title insurance underwriter Title Resources Group (TRG) and become a private company. It reported an adjusted EBITDA loss of $3 million in the last quarter of 2023 and of $33.5 million for the entire year.

Insurance 448

Insurance Technology Real Estate Investing 448

Housing Wire

MAY 23, 2022

In his new role, Hogle will manage the firm’s retail operations, overseeing growth and development of retail sales and the production network, while supporting the firm’s business channels. Hogle said he’s “delighted and honored” to join Cherry Creek’s “thriving retail organization.”.

Mortgage 418

Mortgage Retail Insurance Development 418

Housing Wire

MAY 24, 2024

Prior to joining Movement Mortgage, Thompson served as the senior vice president and regional sales manager at PrimeLending , where he oversaw $1 billion in annual retail volume across the Texas markets of Houston, Austin, San Antonio and Laredo.

Mortgage 448

Mortgage Renovations Loan Officers Retail 448

Housing Wire

JULY 6, 2023

Finance of America (FOA) announced Thursday that its indirect subsidiary Incenter closed the sale of its title insurance businesses. The company previously announced that it would be selling its title insurance businesses in early February.

Business 370

Business Insurance Finance Retail 370

Housing Wire

FEBRUARY 9, 2023

Northpointe Bank , a regional bank headquartered in Michigan, will walk away from its correspondent lending business to focus on its retail lending, mortgage warehouse financing division and specialty loan servicing business.

Lending 397

Lending Business Retail Client Relationships 397

Housing Wire

JUNE 7, 2021

AmTrust Title Insurance Company has added two executives to its team, naming James Bozzomo as chief underwriting counsel for direct operations and Jefferson Howeth as senior corporate counsel. Before joining AmTrust, Bozzomo was senior vice president and managing counsel at Commonwealth Land Title Insurance Company.

Insurance 370

Insurance Legal Retail Government 370

Housing Wire

MARCH 8, 2024

We have identified the banks that have high commercial real estate concentrations, particularly office and retail and other [property types] that have been affected a lot,” Powell said. According to the Federal Deposit Insurance Corp. This is a problem that we’ll be working on for years more, I’m sure. FDIC), banks held $2.78

Real Estate 493

Real Estate Insurance Lending Retail 493

Housing Wire

SEPTEMBER 13, 2021

Title insurance giant Old Republic International will pay $1 million to settle charges that it entered into “no-poach” agreements to stifle labor competition, the New York Attorney General’s Office said late last week. Think of it like a mortgage lender having wholesale and retail channels. Presented by: Radian.

Insurance 365

Insurance Retail Clients Business 365

Housing Wire

MARCH 7, 2022

Illinois-based title insurance underwriter Attorneys’ Title Guaranty Fund (ATG) has entered into an agreement to merge with mortgage lender Guaranteed Rate. Stan envisioned the creation of this ‘guaranty fund’ to give lawyers the ability to issue title opinions backed by an insurance underwriter,” Birnbaum wrote.

Insurance 370

Insurance Retail Real Estate Clients 370

Housing Wire

NOVEMBER 18, 2021

United Wholesale Mortgage (UWM) rolled out a new purchase product that will waive mortgage insurance payments if a borrower opts for a 10%-or-more down payment. Once that happens, mortgage insurance is usually waived. But borrowers would be wise to note that they’ll get hit with higher interest rates.

Insurance 435

Insurance Loan Officers Retail Mortgage 435

Housing Wire

NOVEMBER 16, 2023

Despite ongoing uncertainty and a variety of economic headwinds, Fitch Ratings is maintaining a neutral outlook on the title insurance market for 2024, according to a report released Thursday. Fitch said its neutral outlook is underpinned by Fitch’s view that mortgage rates are near peak levels.

Insurance 446

Insurance Retail Mortgage Marketing 446

Housing Wire

FEBRUARY 15, 2024

Healing Realty Trust brought on Jared Chupaila, a former CEO of Brookfield Properties ‘ retail real estate vertical where he oversaw the company’s U.S. portfolio of more than 150 retail centers. “We We want to improve the board to look more like a public company along the way,” noted Caltabiano.

Realty 434

Realty Loan Officers Retail Real Estate 434

Housing Wire

JUNE 20, 2023

In addition, Smith will lead the nationwide direct channels and correspondent business, reporting to chief retail and small business banking officer Dontá Wilson. Meanwhile, the retail channel was responsible for $1.3 Wilson said that Smith positions Truist to “reimagine the future,” according to a news release.

Business 370

Business Mortgage Retail Lending 370

Housing Wire

FEBRUARY 2, 2023

Finance of America (FOA) indirect subsidiary Incenter is selling its title insurance businesses, according to an announcement made on Thursday. Incenter has entered into an agreement with a wholly owned subsidiary of Essent Group Ltd. Credit Suisse Securities (US) LLC , acted as FOA’s financial advisor in the transaction.

Business 79

Business Finance Retail Insurance 79

Housing Wire

MARCH 7, 2022

Illinois-based title insurance underwriter Attorneys’ Title Guaranty Fund (ATG) has entered into an agreement to merge with mortgage lender Guaranteed Rate. Stan envisioned the creation of this ‘guaranty fund’ to give lawyers the ability to issue title opinions backed by an insurance underwriter,” Birnbaum wrote.

Insurance 370

Insurance Retail Real Estate Clients 370

Housing Wire

MARCH 28, 2025

Friday’s announcement involves the Federal Reserve , the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corp. It also would have reduced the number of product lines evaluated under a retail lending test to closed-end home loans, small-business loans and small farm loans.

Modernization 307

Modernization Retail Insurance Law 307

Housing Wire

JUNE 23, 2023

CrossCountry Mortgage (CCM), the nation’s third-largest retail mortgage lender, unveiled its latest initiative this week that is aimed at helping first-time homebuyers overcome the financial hurdles of purchasing a home in today’s competitive housing market. 5000 list of America’s fastest-growing private businesses.

Buyers 370

Buyers Retail Loan Officers Insurance 370

Housing Wire

MAY 11, 2021

Better.com, which offers mortgage, real estate, title and homeowner insurance through its digital platform, has entered an agreement to merge with Aurora Acquisitions Corp., billion in title insurance and $1.4 billion in homeowners insurance. a blank check company sponsored by Novator Capital. The company generated $24.2

Valuation 418

Valuation Insurance Investors Loan Officers 418

Housing Wire

OCTOBER 30, 2023

The program is available nationwide through the retail channel for first-time and repeat homebuyers applying for FHA 30-year, fixed-rate purchase loans. FHA loans also come with mandatory upfront and annual mortgage insurance premiums — usually for the life of the loan.

Lending 493

Lending Retail Finance Insurance 493

Housing Wire

MAY 20, 2021

“The acquisition of Continental Title Company represents Shaddock National Holding’s first retail presence in the states of Kansas and Missouri,” said Mike Rubin, Shaddock National president. Presented by: Proctor Loan Protector.

Insurance 382

Insurance Retail Business Marketing 382

Housing Wire

JULY 25, 2024

.” NYCB , which concluded a merger with Flagstar in December 2022 and acquired some of Signature Bank ‘s assets, liabilities, and deposits from the Federal Deposit Insurance Corp. FDIC ) in March 2023, has faced a confidence crisis related to its commercial real estate portfolio.

Business 493

Business Retail Contracts Mortgage 493

Housing Wire

OCTOBER 23, 2020

Those loans, originated between 2007 and 2011, defaulted and led to claims to the FHA for mortgage insurance. Through the six months ending June 30, Guild, which does nearly all of its business through the retail channel, posted a profit of $110.8 million, up from a $47 million loss in the first six months of 2019. It originated $14.6

Mortgage 505

Mortgage Government Retail Lending 505

Housing Wire

AUGUST 8, 2024

Longbridge is also a top 10 lender of Federal Housing Administration (FHA)-insured Home Equity Conversion Mortgages (HECMs). Across its retail, wholesale and correspondent channels, Longbridge originated 1,706 loans for a total of $304.5 Of the total volume, 20% came from its retail channel.

Retail 448

Retail Mortgage Insurance Business 448

Housing Wire

SEPTEMBER 2, 2022

Enact Mortgage Insurance. SVP, Retail Lending Analytics Manager. SVP, Retail. Executive Manager, Credit & Economic Inclusion. Heather Hanwacker. Modeling & Analysis Manager. Heike Hellwig. Executive, Customer Experience. Huruy Yohannes. AmeriHome Mortgage. Jacob Gibbs. VP, Technology. Mortgage Coach. Jo Ellen Bergstrom.

Retail 418

Retail Finance Realty Technology 418

Housing Wire

JULY 12, 2023

Movement, which focuses on the distributed retail channel, was the 15th largest U.S. In August 2022, Movement hired two executives away from rival Fairway Independent Mortgage to boost the growth and development of its distributed retail sales team. A spokesperson for Movement declined to comment, as did Shelton. quarter over quarter.

Retail 370

Retail Development Finance Lending 370

Housing Wire

JUNE 1, 2021

Retail Branch Manager. Genworth Mortgage Insurance. EVP, Retail Lending. See below for HousingWire’s 2021 list of Rising Stars, and click through for full profiles on each winner that detail their impressive accomplishments. Company Name. Adam Greene. Sierra Pacific Mortgage. Alec Hanson. Alex Khorn. AVP, Margin Management.

Retail 418

Retail Lending Loan Officers Finance 418

Housing Wire

APRIL 19, 2021

Similarly, Shirley has years of financial leadership experience, including at retailers Tuesday Morning and Neiman Marcus , but does not possess a real estate background. Peace and Liebert overlapped at USAA , an insurance agent for the military and their families.

Human Resources 397

Human Resources Real Estate Real Estate Agent Insurance 397

Housing Wire

OCTOBER 4, 2022

Matic Insurance. President, Retail. Executive Vice President of Retail Lending. Enact Mortgage Insurance. Visionet Systems. Andy Pollock. Anchor Loans. Armando Falcon. Falcon Capital Advisors. Arvin Wijay. Consolidated Analytics. Benjamin Madick. Co-Founder and CEO. Bill Dallas. Dallas Capital. Charles Williams.

Human Resources 435

Human Resources Lending Real Estate Technology 435

Housing Wire

FEBRUARY 16, 2021

AmeriHome purchased approximately $65 billion in conventional conforming and government-insured originations in 2020. ” Western Alliance, which operates more as a business-to-business bank rather than a consumer-focused retail lender, said they are looking at AmeriHome for its long-term potential.

Retail 497

Retail Insurance Government Business 497

Housing Wire

MARCH 11, 2021

Among the unknowns servicers face in 2021 are changes that could affect lender-placed insurance (LPI). “Specifically, we appreciate the bill’s provisions that provide additional assistance to tenants, homeowners, and businesses — particularly those in the retail and hospitality sectors,” said MBA CEO Robert Broeksmit.

Tenants 545

Tenants Government Retail Investing 545

Housing Wire

JUNE 25, 2021

.” Originally from Wichita, Kansas, Niedens began her title insurance career in 1995 focused on servicing residential transactions. For her career, Niedens has closed transactions in multifamily, hospitality, retail, office and industrial, while specializing in multi-site national portfolios.

Retail 393

Retail Clients Insurance Marketing 393