Housing Wire

MARCH 20, 2024

Figure Lending LLC is now operating under the umbrella of Figure Technology Solutions , independent of CEO Mike Cagney ’s Figure Technologies. The launch of Figure Technology Solutions comes a few months after Bloomberg reported that Figure Technologies was working with multiple investment banks — including Goldman Sachs Group Inc. ,

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Housing Wire

JULY 10, 2024

The complexities of Non-QM lending demand a strategic approach that combines innovation, efficiency, and resilience. Acra Lending has positioned itself at the forefront of this sector by investing in its workforce, optimizing processes, leveraging cutting-edge technology, and building a robust infrastructure. Craig Timmins.:

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Lending Technology Training Investing 444

Housing Wire

MARCH 3, 2025

Stone Point is no stranger to the real estate industry, as it also holds strategic investments in Lone Wolf Technologies , Homepoint , CoreLogic and Meridian. Stone Point, a large asset manager, has a track record of putting companies it invests heavily in on a path toward an initial public offering.

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Real Estate Legal Agents Technology 448

Housing Wire

MAY 21, 2024

Connecticut-based lender, servicer and asset manager Planet Home Lending has appointed Bill Shuler as executive vice president and chief information officer. Bill Shuler Before joining Planet, Shuler was president of WPS Advisors , a financial firm that provides investment management services.

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Housing Wire

MAY 24, 2024

Bank appointed John Hummel to lead its East market for retail home lending. It offers banking, investment, mortgage, trust and payment services products to individuals, businesses, governmental entities and other financial institutions. Hummel, who previously led the correspondent and Housing Finance Agency (HFA) business at U.S.

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Retail Lending Loan Officers Finance 456

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.

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Housing Wire

DECEMBER 2, 2024

“We are expanding the availability of our Homebuyer Access grant program to additional areas to expand opportunities for low-to-moderate income homebuyers,” Kevin Reen, head of Wells Fargo Home Lending, said in a statement. Wells Fargo’s Homebuyer Access program is available to borrowers who earn 120% or less of the area median income (AMI).

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Lending Retail Mortgage Investing 397

Housing Wire

JUNE 17, 2024

loanDepot has promoted Viviana Abarca, who has worked for the mortgage lender for the past 11 years, to managing director of mortgage lending operations. Abarca joined loanDepot as an underwriter in 2013 and became vice president of lending operations in 2021. billion in mortgages, down from $5.3 billion in the previous quarter.

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Lending Mortgage Tools Development 448

Housing Wire

SEPTEMBER 23, 2024

Los Angeles area-based mortgage lender Premier Plus Lending announced last week that it is expanding into the senior-focused home equity market with a new division, Retirement Mortgage Solutions , which will include reverse mortgages and other home equity-based lending instruments.

Lending 448

Lending Mortgage Loan Officers Brokerage 448

Housing Wire

SEPTEMBER 20, 2024

If we learned anything from HousingWire’s recent AI Summit , artificial intelligence (AI) is rapidly reshaping lending by streamlining processes, reducing costs, and enhancing the overall borrower experience. In addition, the regulatory environment is ever-changing and with it comes increased burdens on the lending industry.

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Housing Wire

FEBRUARY 25, 2025

Choosing the right hard money lender for your investment project can be challenging. With nearly three decades of experience in real estate and investing, Ive worked with hard money lenders to secure financing for everything from simple fix-and-flip projects to multi-million-dollar apartment building rehabs.

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Renovations Real Estate Investors Investing 366

Housing Wire

MARCH 3, 2025

Name Job Title Company Name Alejandro Franco Vice President of Finance and Controller Cairn Real Estate Holdings Allyson Jackson Executive Vice President Finance and Treasury Planet Home Lending Amit Arora Chief Investment Officer Opendoor Andrey Gunin Chief Financial Officer A&D Mortgage Bill Warden Chief Financial Officer Dark Matter Brandon (..)

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Finance Real Estate Realty Lending 400

Housing Wire

NOVEMBER 22, 2023

Mike Cagney’s financial technology firm Figure Technologies has taken another step to go public with its lending division, LendCo , hiring investment banks to coordinate the initial public offering (IPO), per a Bloomberg report. The profitable lending business has more than a 50% contribution margin, he said in a meeting.

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Lending Valuation Technology Retail 459

Housing Wire

FEBRUARY 3, 2025

Feldman & Feldman began working with clients throughout Texas to file lawsuits under the truth in lending act against EasyKnock in 2021. According to Feldman & Feldman, EasyKnocks defamation suit forced the law firm to withdraw from the truth in lending suits it was involved in.

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Law Lending Modernization Investors 393

Housing Wire

NOVEMBER 20, 2024

Jonathan Scarpati: I started with Senior Lending Network out of New York. When interest rates and other investments are down, a homeowner can tap into home equity instead of selling investments when they’re down. Innovative lending models are driving more accessibility and efficiency in home equity financing options.

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Finance Marketing Lending Mortgage 370

Housing Wire

JANUARY 22, 2025

Evernest already offers services including brokerage , maintenance, renovation, insurance and lending. The $15 million investment announced Wednesday from private equity firm LL Funds will help Evernest build a home services platform focused on rental property owners. . This isn’t the only recent acquisition for Evernest.

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Property Management Local Properties Renovations Investing 395

Housing Wire

OCTOBER 2, 2024

Pretium is a real estate investment firm that focuses on single-family rental (SFR), build-to-rent (BTR) and fix-and-flip properties. Mullen explains that in the 1980s, investment firms focused on securitizing small assets to make them available for institutional investors. Mullen shares that the company raised $1.5

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Real Estate Investing Landlords Tenants 459

Housing Wire

NOVEMBER 26, 2024

Mortgage infrastructure provider Pylon received a minority strategic investment from Citi and closed a deal to sell mortgages on its platform through the bank’s mortgage trading desk, the parties announced on Tuesday. Citi is investing in the company through Citi Ventures and the Spread Products Investment Technologies unit, dubbed SPRINT.

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Investing Mortgage Technology Lending 417

Housing Wire

JANUARY 30, 2024

billion in the next five years for lending and investments to low- and moderate-income (LMI) clients and census tracts, with 30% of the total tied to mortgage lending. First Financial Bank’s plan also includes investments in small-business lending and donations to organizations that create and preserve affordable housing.

Investing 434

Investing Mortgage Lending Loan Officers 434

Housing Wire

FEBRUARY 27, 2025

How can today’s mortgage lending market be summed up in one word? Acra Lending has done precisely that. Acra Lending is a proven leader in the space, and it has adapted and thrived despite market shifts. higher interest rates and elevated home prices create openings for non-QM lending. billion to $3.47

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Lending Technology Tools Mortgage 270

Housing Wire

JULY 8, 2024

We believe that combining the Archwest team’s deep lending and operational capabilities with a bespoke capital solution from Bain Capital sets Archwest up to be the leader in the non-owner occupied residential lending space.” housing stock,” David DePrez, managing director for Bain Capital, said in prepared remarks. “We

Investing 435

Investing Legal Lending Landlords 435

Housing Wire

NOVEMBER 20, 2024

Fair Lending Act. According to the document, HSBC allegedly engaged in discriminatory lending practices in majority Black and Hispanic neighborhoods in six U.S. and we are honored to support these efforts through our loans, investments and grants.” metropolitan areas from 2018 through 2021. million to certain California markets.

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Loan Officers Lending Development Investing 418

Housing Wire

DECEMBER 17, 2024

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. The rule will implement a congressional mandate to establish consumer protections for residential PACE loans.

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Mortgage Renovations Finance Property Taxes 396

Housing Wire

JANUARY 24, 2024

New Jersey-based TD Bank has decided to invest $10 billion in affordable homeownership initiatives by 2027, including providing loans and liquidity to the residential lending market. billion in community development loans and other investments, including affordable housing projects. New York, Miami and Philadelphia markets.

Investing 447

Investing Lending Finance Business 447

Housing Wire

FEBRUARY 20, 2024

Fairway Independent Mortgage Corporation announced on Tuesday a series of reverse mortgage maneuvers designed to increase the company’s investment in the space. Ventura’s new position is as president of reverse lending, where he succeeds former reverse lending president Tane Cabe.

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Investing Mortgage Lending Business 459

Housing Wire

MARCH 14, 2025

FOA’s second-lien product accounted for only one tenth of 1% of total second-lien lending to the senior demographic. We’ve invested quite heavily in consumer research to really understand how to better reach the total addressable market that exists, she said.

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Business Advertising Modernization Retail 346

Housing Wire

NOVEMBER 12, 2024

As the campaigns and team mature, insights gained will inform our growth strategy and investments for a digital-first channel next year and beyond,” Sieffert said. The potential for building on HomeSafe Second’s numbers also comes from broader trends in the home equity lending space, she said.

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Modernization Mortgage Design Advertising 370

Housing Wire

JUNE 10, 2024

Los Angeles -based Dunmor , a technology -enabled lender that specializes in loans for residential real estate investors , has added a pair of experienced executives in the business-purpose lending space. Huff has also worked in the whole loan investment sector on pricing, due diligence, portfolio surveillance and loss mitigation.

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Lending Business Real Estate Finance 345

Housing Wire

NOVEMBER 7, 2024

Guild’s current reverse lending division, built off its 2023 acquisition of Cherry Creek Mortgage , has expanded its reverse mortgage activities this year. When asked during the earnings call about what the company sees in the home equity lending space, Schmidt said that the opportunities in reverse stand out. “We

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Mortgage Lending Investing Design 370

Housing Wire

JANUARY 9, 2025

The Mortgage Firm , a Florida-based mortgage lender, has agreed to invest $1.5 A spokesperson at The Mortgage Firm told HousingWire thatthroughout its 29-year history, the company has been committed to providing equal credit access to all communities within its lending footprint. million to settle a redlining case with the U.S.

Investing 397

Investing Mortgage Lending Law 397

Housing Wire

FEBRUARY 4, 2025

Nationwide private lender RCN Capital on Tuesday announced the acquisition of BLN Software , which offers a loan origination system and loan management system for the private mortgage lending industry. “Together, we will drive greater success for our clients and transform the future of real estate lending.” ” .”

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Tools Clients Lending Investing 317

Appraisal Buzz

NOVEMBER 15, 2024

Residential Lending at TD Bank. Instead of dealing with the difficulties of purchasing in a competitive market, many homeowners are choosing to invest in their existing homes. With interest rates expected to continue to drop over the next year, home prices and equity values will fluctuate alongside the U.S. housing supply.

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Renovations Lending Investing Home Improvement 370

Housing Wire

JUNE 27, 2024

This marks a significant milestone in the company’s commitment to expanding its reach and fostering partnerships within the real estate investment industry,“ the company said in its announcement. Nonetheless, savvy investors with efficient operations continue to invest.

Investing 397

Investing Investors Real Estate Inventory 397

Appraisal Buzz

NOVEMBER 8, 2024

In its latest Lending Intelligence Report, J.D. three-fourths of business leaders said they were planning to escalate their AI investments as they continue to see positive strides in customer service functionality. Power examines artificial intelligence and its emergence in the mortgage marketplace. And as the J.D.

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Mortgage Investing Technology Training 389

Housing Wire

OCTOBER 7, 2024

This approach integrates QC principles throughout the lending process, from application to servicing. This focus aligns with Fannie Mae’s QC requirements and reflects the growing importance of data in the lending process.

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Lending Mortgage Training Technology 459

Housing Wire

JANUARY 13, 2025

“Individuals and families in these markets deserve proper community-focused lending, and Evans leadership is well-suited to deliver the localized support they need. After leaving baseball in 2001, Evans began his lending career in Houston, before transitioning to Movement Mortgage and Summit Funding.

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Lending Retail Business Construction 370

Housing Wire

FEBRUARY 3, 2025

Nationwide direct mortgage lender US Mortgage Corporation announced the appointment of Alana Dorbandt as its new vice president and division lending manager. In the new role, Dorbandt will lead the company’s expansion into the Southwest Region.

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