Housing Wire

JUNE 20, 2024

Real estate technology firm Knock announced Thursday that its bridge loan product is being integrated into the borrower application process at Baltimore -based NFM Lending. “With so many of our lending officers turning to the Knock Bridge Loan as a financing solution, this integration will streamline the approval process.

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Lending Loan Officers Real Estate Agent Real Estate 418

Housing Wire

SEPTEMBER 30, 2024

The rise of private lending Private lenders disrupted the monopoly of traditional banks and the private lending market has since seen a remarkable rise, reaching $1.5 With the rise of private lending comes an increase in competition, from new and traditional lenders.

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Lending Technology Client Relationships Tools 366

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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Lending Mortgage Technology Tools 391

Housing Wire

OCTOBER 17, 2024

Guild Mortgage announced on Thursday that it has hired Nora Guerra, who worked at Freddie Mac for more than five years, as its senior vice president of community lending solutions. The executive has also advocated for Latino housing equality, receiving awards for her activism.

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Housing Wire

OCTOBER 31, 2024

California-based personal finance company NerdWallet has struck a deal to acquire brokerage firm Next Door Lending. I have really enjoyed getting to know Next Door Lending’s principals, Doug [Liska] and Jonathon, through this process,” Chen said. As part of the deal that closed Oct.

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Lending Mortgage Brokerage Loan Officers 408

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.

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Lending Mortgage Loan Officers Brokerage 371

Housing Wire

SEPTEMBER 17, 2024

Anthony Casa, President & CEO of UMortgage , isn’t mincing words when it comes to the lending practices that often victimize our veterans. Patton Gade, National Director of Military Lending at UMortgage and 2023 Scotsman Guide #1 VA Loan Originator, says, “we can do better. Our veterans deserve better.

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Lending Retail Clients Mortgage 430

Housing Wire

JANUARY 6, 2025

GVC Mortgage announced the hiring of Jen Peachman as vice president of strategic lending, a move that Peachman confirmed on LinkedIn. ” With more than 20 years of experience in mortgage and financial services, Peachman formerly served as national director of origination sales for Lenders One Mortgage Cooperative.

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Lending Mortgage Retail 339

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 423

Housing Wire

DECEMBER 23, 2024

While some forward lending companies have gone out of their way to acquire and incorporate reverse mortgage lending divisions into their ongoing operations, others have bolstered their existing reverse mortgage divisions.

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Lending Mortgage Finance Marketing 315

Housing Wire

DECEMBER 10, 2024

announced this week the appointment of Gabe Bodner to the head of its 55-plus lending division which includes its reverse mortgage business. James Hecht, the companys CEO , said, We are confident that Gabes leadership will bring fresh energy and innovative strategies to our 55-plus lending division.

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Lending Clients Training Mortgage 298

Housing Wire

NOVEMBER 13, 2024

In today’s challenging market, higher interest rates and home values have created a unique opportunity for lenders to grow their home equity lending business. Despite the recent interest rate reduction , the demand for home equity products remains strong.

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Valuation Lending Renovations Appraisal 318

Housing Wire

OCTOBER 15, 2024

Department of Justice (DOJ) over the regulators’ allegations of mortgage lending discrimination in majority-Black neighborhoods of the Birmingham, Alabama , metro area. Fairway Independent Mortgage Corp. has agreed to settle with the Consumer Financial Protection Bureau (CFPB) and the U.S million civil penalty. Garland added.

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Advertising Lending Loan Officers Retail 428

Housing Wire

OCTOBER 21, 2024

In a high(er) rate environment, non-QM (non-qualified mortgage) lending continues to play an increasingly pivotal role. To explore how Acra Lending has adapted to these shifts, we sat down with Ryan Barrus, a key player in the company’s non-QM division. HW: Acra Lending recently launched its Glide portal. RB: Absolutely.

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Lending Loan Officers Tools Mortgage 361

Housing Wire

SEPTEMBER 23, 2024

California -based mortgage lender loanDepot has hired military advocate Bryan Bergjans as part of an effort to boost its lending capacity in the U.S. Before that, Bergjans spent eight years at Caliber Home Loans , including stints as national director of military and veteran lending and as head of retail business development.

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Retail Lending Loan Officers Mortgage 404

Appraisal Buzz

AUGUST 9, 2024

The “ Lending Monitor: Mortgage Origination Study ” examines the loan origination experience using a consumer survey, in-depth interviews with active home buyers, and an examination of firm communications to identify the factors that influence lender selection and the overall borrower experience today.

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Lending Buyers Tools Mortgage 418

Appraisal Buzz

NOVEMBER 19, 2024

This decline in small-dollar mortgage lending has had a significant impact on homeownership in the U.S., The “Socioeconomic Consequences” report explores the decline in small-dollar mortgage lending and its impact on homeownership in three U.S. particularly in low-income communities. cities: Philadelphia, Pennsylvania; St.

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Lending Mortgage Investors Development 418

Appraisal Buzz

NOVEMBER 25, 2024

Rather than more buyers taking out loans, the most recent trend was the result of increases in home equity and refinance lending. Mortgage lending rose again in the third quarter, but at a far slower pace than during the Spring of this year when activity spiked nearly 25%,” said Rob Barber, CEO at ATTOM. to approximately 297,000.

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Lending Mortgage Buyers Real Estate 397

Housing Wire

MARCH 3, 2024

Looking back, last year’s market was dominated by purchase lending, with loans to buy homes making up 82% of a historically low number of originations. “Since 1995, only two quarters have seen fewer than one million first lien mortgages originated,” Andy Walden, vice president of enterprise research at ICE.

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Lending Mortgage Buyers Government 507

Housing Wire

JULY 19, 2024

Ascent Developer Solutions , a private mortgage lending platform, announced its launch Friday in conjunction with an equity infusion from Elliott Investment Management. Founder and CEO Robert Wasmund has a deep background in the residential construction and bridge lending industry. “We now known as Rithm Capital.

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Construction Development Finance Lending 419

Housing Wire

OCTOBER 3, 2024

Speakers: Kevin Peranio, Chief Lending Officer at PRMG Candice McNaught, SVP of National Sales at Supreme Lending Laura Brandao, CEO at Lighthouse Advisors They have decades of experience with receipts to show their approach works, and they’re going to share their hard-earned wisdom with our audience. Watch the full session below.

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Lending Mortgage 377

Housing Wire

JANUARY 15, 2025

The study claims that the crisis can be traced back to the early 2000s when subprime lending activities were prevalent. The resulting housing market crash and the Great Recession led policymakers to overcorrect by tightening mortgage lending standards and limiting funds for new construction.

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Lending Housing Market Inventory Construction 362

Housing Wire

MAY 15, 2024

300 to 850) and also uses score-to-odds ratios, meaning that most lenders will not need to adjust their credit or lending policies to use the new pilot program. The list includes lenders such as Movement Mortgage , CrossCountry Mortgage and Premier Lending. The pilot model uses the same scoring range as VantageScore 4.0 (300

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Lending Government Finance Mortgage 448

Housing Wire

OCTOBER 11, 2024

million agreement with Citadel Federal Credit Union to settle allegations of lending discrimination in certain neighborhoods of Philadelphia with majority Black and Hispanic populations. Department of Justice (DOJ) announced on Thursday a $6.5 This is the DOJ’s first redlining settlement involving a credit union.

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Lending Modernization Law Investing 373

Housing Wire

SEPTEMBER 4, 2024

Figure Technology Solutions , the parent company of Figure Lending LLC , announced on Wednesday the hiring of Ronald Chillemi as its first chief legal officer and corporate secretary. Its 120-plus lending partners include CMG Financial , CrossCountry Mortgage , Fairway Independent Mortgage Corp. Department of Justice.

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Legal Lending Technology Modernization 382

Appraisal Buzz

SEPTEMBER 13, 2024

Incenter is a family of companies committed to helping lending and depository institutions maximize their financial and operational performance and leverage new pathways to growth. It’s exciting to work with people with a common vision, and to have a meaningful role in moving our clients forward.”

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Legal Lending Property Taxes Law 390

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. Provident told broker partners that all loans in the pipeline must be locked by 11:59 p.m. Condos are hard.

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Marketing Mortgage Finance Lending 483

Housing Wire

OCTOBER 30, 2024

A California regulator has revoked the residential mortgage lending license of LoanSnap , the latest in a series of difficulties for the fintech lender. The state’s banking commission also charged the firm with violations of the Truth in Lending Act and the Fair Credit Reporting Act.

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Landlords Loan Officers Lending Contracts 401

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 350

Housing Wire

SEPTEMBER 30, 2024

Dubbed Aclara Lending, the joint venture will start in Southern California with plans to expand in the near future. Aclara Lending plans to source capital from 140 wholesale lenders for products such as jumbo, super jumbo and nonqualified ( non-QM ) loans, in addition to more traditional products.

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Mortgage Lending Clients Brokerage 372

Housing Wire

JUNE 17, 2024

closing cost credit is another key component of Wells Fargo’s efforts to help drive economic growth, sustainable homeownership, and neighborhood stability in low- to moderate-income communities,” Kevin Reen, head of Wells Fargo Home Lending, said in a prepared statement.

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Lending Retail Appraisal Process Mortgage 444

Housing Wire

SEPTEMBER 5, 2024

In November 2023, Lower announced the acquisition of Colorado-based Universal Lending. Snyder and his leadership team have executed M&A deals with strategic vision along with textbook execution and integration. Select speakers include: Matthew VanFossen, CEO, Absolute Home Mortgage Corp.

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Lending Mortgage Real Estate Finance 393

Housing Wire

SEPTEMBER 19, 2024

At American Senior Lending / HighTechLending , company president and CEO David Peskin described the impact higher rates have had on the demographic before looking ahead at the potential impact on his company and the wider reverse mortgage industry. We’re excited to introduce our latest updates: the new Platinum 5.0

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Mortgage Finance Lending Insurance 458

Housing Wire

JANUARY 9, 2025

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 for a loan subsidy program and enhance its fair lending training, among other things.

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Investing Mortgage Lending Law 321

Housing Wire

DECEMBER 17, 2024

Josh Kilty (left), senior vice president of reverse lending at Fairway, presents a lifetime achievement award to Pistol Pete Stebbins. Stebbins referred to as Pistol Pete by his colleagues was also lauded by Dan Ventura, Fairways president of reverse lending. Pistols achievements are only outshined by his kindness and generosity.

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Real Estate Agent Lending Real Estate Insurance 362

Housing Wire

SEPTEMBER 4, 2024

mortgage lenders are making home equity lending more accessible to reach more borrowers. With elevated levels of home equity across the U.S.,

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Advertising Lending Buyers Mortgage 407

Housing Wire

AUGUST 26, 2024

HousingWire reported that in June 2022, the company raised $115 million — $60 million in equity and $55 million in debt — while acquiring Denver-based lending startup Accept.inc. In 2019, HomeLight acquired Eave , a digital mortgage lending startup. That was the company’s third acquisition.

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Real Estate Agent Real Estate Loan Officers Tools 393