Housing Wire

JANUARY 11, 2023

Nashville, Tennessee-headquartered Defy Mortgage is the latest player to join the non-QM (non-qualified mortgage) lending space, which targets entrepreneurs and gig workers who have various forms of collateral, including cryptocurrency. We are able to count it as liquidity from a reserve requirement and for asset depletion.”.

Lending 450

Lending Mortgage Marketing Technology 450

Appraisal Buzz

AUGUST 13, 2024

While the industry is no stranger to predatory and/or unfair lending practices, new advisory opinion and research study on a type of home seller financing known as a “contract for deed” has been released by the Consumer Financial Protection Bureau (CFPB). These disclosures include the annual percentage rate and payment schedules.

Contracts 367

Contracts Investors Sellers Lending 367

Housing Wire

JANUARY 23, 2023

Mortgage lender Revolution Mortgage has partnered with Tavant, an AI-powered digital lending company, to integrate Tavant’s Touchless Lending product suite into Revolution Mortgage’s platform. The technology is designed to automate and streamline the underwriting and application processes, per the statement.

Lending 446

Lending Mortgage Technology Design 446

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.

Lending 460

Lending Mortgage Training Technology 460

Housing Wire

MARCH 14, 2024

Nonbank mortgage originator Change Lending will become a member of the Federal Home Loan Bank of San Francisco (FHLB-SF). We welcome a partnership with the FHLB-SF to enhance our strength and reach as America’s CDFI,” said Steven Sugarman , founder of the Change Company, the parent company of Change Lending. “We

Lending 443

Lending Renovations Legal Real Estate 443

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. Pham has 23 years of marketing experience in the real estate and finance sectors.

Lending 344

Lending Business Real Estate Finance 344

Housing Wire

JUNE 24, 2021

As the market moves into a post-refi-boom era, loan officers face tough competition for purchase loans. HousingWire recently spoke with William Tessar, president of Civic Financial Services , about the private lending space and how LOs can benefit from serving real estate investors. .

Real Estate 459

Real Estate Investors Lending Loan Officers 459

Housing Wire

MARCH 7, 2024

For investors in the private-label securities (PLS) market, the earlier signal was enough to unleash a boatload of money that had been sitting on the sidelines waiting for the “peak” to arrive, according to several market experts interviewed recently by HousingWire. And future rate cuts mean less return [for investors].

Investors 445

Investors Government Mortgage Investing 445

Housing Wire

OCTOBER 18, 2024

California-based Provident Funding Associates LLC is getting out of the Florida condo lending business , it told broker partners on Friday. Condos in Florida have to be next level,” said one retail lending executive. “We have an investor who won’t do any deals in Florida or near major bodies of water.”

Marketing 524

Marketing Mortgage Finance Inventory 524

Appraisal Buzz

AUGUST 15, 2024

Multifamily lending fell by roughly half in 2023 as sales transactions declined and far fewer property owners sought to refinance their loans,” says Jamie Woodwell, Head of Commercial Real Estate Research for the MBA, in a statement. billion of multifamily mortgages originated in 2023 went to a variety of investors.

Lending 195

Lending Government Real Estate Investors 195

Housing Wire

JUNE 20, 2023

Mike Cagney’s Figure Technologies rolled out a wholesale lending platform that will give loan originators access to the company’s home equity line of credit (HELOC) offering. Cagney’s attempt to bring blockchain technology to mortgage lending at scale dates back to August 2021.

Technology 367

Technology Lending Housing Market Investors 367

Housing Wire

APRIL 28, 2022

The pace of purchase-loan originations as well as transactions in the private-label securities market started to slow by the second quarter of this year as interest rates continued to spike, according to mortgage industry experts. in 2021 were bought by institutional investors,” Lind said. “In

Investors 359

Investors Marketing Investing Inventory 359

Housing Wire

JANUARY 27, 2023

California-based retail lender JVM Lending plans to drum up business this year — but by doing the exact opposite. After the 2008 mortgage meltdown, JVM let go of all its loan originators and trained its employees to target the jumbo loan market in the San Francisco Bay area instead. I thought it was sparse.

Lending 419

Lending Real Estate Agent Loan Officers Retail 419

Housing Wire

SEPTEMBER 5, 2024

In this executive conversation, Steven Katz, Executive Vice President and Chief Investment Officer of Residential Financing at Arbor Realty Trust, shares his thoughts on the burgeoning build-to-rent (BTR) market. He also offers valuable insights into the appeal of BTR communities and emerging markets to watch closely.

Tenants 471

Tenants Investing Marketing Construction 471

Housing Wire

AUGUST 20, 2024

Understanding the forces creating the market is indispensable for lenders, real estate professionals, developers, and investors. Pouliot’s insights highlight the delicate balance necessary for a healthy market and give a prospective view of what to expect in the future.

Marketing 449

Marketing Investors Development Investing 449

Housing Wire

MAY 11, 2022

In this hot housing market, Michigan-based wholesale lender Homepoint understands the key to originating more home loans is ensuring more sellers accept offers made by its buyers. Planet Home Lending entered into a $2.5 The post Homepoint lends homebuyers the power of all-cash offers appeared first on HousingWire.

Lending 398

Lending Real Estate Agent Investors Finance 398

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 390

Lending Business Government Design 390

Housing Wire

JUNE 13, 2023

Warehouse lending, one of the sources of liquidity to independent mortgage bankers (IMBs), usually has good yields and short term, according to industry experts. In March, Moody’s Investor Service listed Comerica among the nation’s top warehouse lenders for potential rating downgrades. The bank had $1.7

Lending 361

Lending Finance Insurance Investors 361

Housing Wire

APRIL 25, 2023

Tavant , a Silicon Valley-based digital lending solutions provider, is adding a new product called Asset Analysis to its AI-powered digital lending platform, Touchless Lending. The new product is in the near-final stages of production and will be available in-market by the end of June 2023.

Lending 384

Lending Loan Officers Mortgage Investors 384

Housing Wire

JULY 16, 2021

Seventy million dollars in seed funding is a colossal investment for an unproven tech startup, even one that promises to fully disrupt a relatively low-margin, traditional industry like mortgage lending. The startup says it has also partnered with top local real estate agents who know their way around the markets they serve.

Lending 477

Lending Real Estate Real Estate Agent Modernization 477

Housing Wire

AUGUST 4, 2022

Tech-focused real estate brokerage Radius , flush with $14 million in venture capital raised this past April, has launched a mortgage lending arm in California that it plans to roll out to additional markets sometime next year. Is now a good time to invest in real estate automation technologies?

Real Estate 420

Real Estate Brokerage Lending Mortgage 420

Housing Wire

AUGUST 17, 2022

Securities and Exchange Commission (SEC) over insider-lending allegations brought against the bank and its former top executive, Ronald Paul. The bank, which operates a mortgage-lending unit, along with its holding company, Eagle Bancorp Inc., Fraud, risk, quality, oh my: The hazards to watch fo r in gaining purchase market share.

Lending 392

Lending Government Investors Law 392

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. million in fourth-quarter 2023.

Business 448

Business Investors Finance Home Improvement 448

Housing Wire

SEPTEMBER 5, 2023

Despite difficulties in the mortgage market at large, non-QM lenders are seeing growth and opportunity. The non-QM demand for loans is very healthy,” Acra Lending CEO Keith Lind said. “We We are not seeing a similar volume trajectory as the agency market.” billion in 2023, an increase from $2.1 billion last year.

Marketing 413

Marketing Loan Officers Lending Brokerage 413

Housing Wire

AUGUST 8, 2022

HousingWire recently spoke with John Jeanmonod, Regional Vice President of Sales at Angel Oak, about non-QM lending and the outlook for the second half of 2022. There is not a credit issue in the market right now that is causing volatility – non-QM loans are good performing loans issued to credit-worthy borrowers.

Lending 396

Lending Loan Officers Training Investors 396

Housing Wire

SEPTEMBER 13, 2022

Lending standards tightened in August amid a worsening economic outlook and signs of cooling in home-price growth. A decline in MCAI, benchmarked to 100 in March 2012, indicates that lending standards are tightening while an increase in the index suggests a loosening of credit. billion in 2022 from last year’s $4.4

Lending 370

Lending Government Mortgage Investors 370

Housing Wire

DECEMBER 14, 2021

The non-QM mortgage market, which encompasses most home loans not backed by a government-sponsored guarantee, is expected to reach the $25 billion mark this year in private-label securitization volume. . With non-QM, the scenarios are just everywhere, and it requires an expertise and a skill set that takes years to learn.

Lending 393

Lending Technology Government Investors 393

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. housing stock; yet, they bring some unique characteristics to the market. How can investors help with homeownership? Let’s switch gears and consider how investors help with home ownership.

Investors 436

Investors Renovations Inspection Government 436

Housing Wire

NOVEMBER 2, 2020

As a premier provider of innovative, high-performance software, data and analytics for mortgage and home equity lending and servicing, Black Knight is transforming the housing finance industry. Secondary Marketing. The post Simplify complex lending processes with powerful analytics appeared first on HousingWire.

Lending 436

Lending Valuation Clients Tools 436

Housing Wire

OCTOBER 5, 2023

As the housing market suffers through a drought of home sales and related mortgage originations in the current high-rate environment, home prices and home equity continue to climb, helping to spark a revival of another sector — home equity lending and investment. It sets up a domino effect [for market activity].”

Housing Market 449

Housing Market Marketing Contracts Finance 449

Housing Wire

DECEMBER 13, 2023

As 2023 winds to a close, so too does a brutal year for the housing market, a year marked by rising rates , steep home prices , scarce inventory and anemic mortgage originations, compared with the boom years of 2020 and 2021. percentage points in early December, when historically that spread has ranged between 1 to 2 percentage points.

Mortgage 429

Mortgage Marketing Investors Lending 429

Housing Wire

JANUARY 4, 2021

Citadel Servicing Corporation (CSC) , one of the country’s largest non-QM lenders , is rebranding as Acra Lending (Acra). When COVID-19 hit, the non-QM market disappeared. Liquidity had dried up and bond investors, which underpin the non-QM market, were running for the hills. The change is effective Monday. “We

Lending 419

Lending Investing Retail Business 419

Housing Wire

MAY 17, 2023

Transactions in the fix and flip market have been booming in recent years, with more than 407,000 homes flipped in 2022, up 14% over 2021 and up 58% over 2020, according to a recent report by real estate data firm ATTOM. A year ago, we were offering to lend 85% loan-to-cost or 90% loan-to-cost, and that’s down to like 75% loan-to-cost.

Finance 370

Finance Marketing Renovations Investors 370

Housing Wire

APRIL 13, 2023

Wholesale lending is great for helping serve underserved borrowers. The wholesale channel has the ability to offer borrowers a variety of choices, with access to many different bank and lending programs. For brokers, Change Wholesale offers marketing support to help promote their business and reach new clients.

Marketing 397

Marketing Lending Design Development 397

Housing Wire

MAY 16, 2022

The conditions in today’s market have pushed non-QM to the forefront. Non-QM is gaining speed in the market while agency is shrinking. Here is where it gets murky – choosing the right non-QM lending partner! The problem is non-QM is a niche market and many loans involve challenging circumstances. That’s why.

Lending 365

Lending Real Estate Agent Investors Real Estate 365

Housing Wire

OCTOBER 18, 2024

By doing so, ICE helps its clients cut down on mistakes, speed up workflows, and offer a modern lending experience that works better for both borrowers and industry professionals. ICE also helps clients reach bigger markets through its large network of connected business partners.

Modernization 423

Modernization Technology Mortgage Marketing 423

Housing Wire

APRIL 18, 2024

The challenges in today’s mortgage market have caused many originators to expand their loan product offerings outside of qualified mortgage (QM) criteria set by the Consumer Financial Protection Bureau (CFPB). We utilize common-sense lending and offer exceptions that enable a range of flexible funding options. workforce is changing.

Marketing 457

Marketing Investors Real Estate Business 457