A majority of shareholders backed the removal of five directors, including interim CEO Daniel Lewis, with Better finalizing his successor details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
The move follows FHFA and HUD guidance that opened conventional and FHA lending to competing credit score models details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
The round doubles its prior valuation and brings in new investor Ribbit Capital details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
The REIT seeks the return of its $25.4M breakup fee details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
The former Rate branch leader cited platform economics and NEXA’s BDM program in his decision to join details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
The wholesale lender said non-QM volume is up 68% year to date through August and loans in process will close as scheduled details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
A special committee is ending the challenge to a preliminary report from an independent inspection details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
Jensen offers her thoughts on the 2% upfront mortgage insurance premium, second appraisals and retirement planning use cases details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
September endorsements dropped to 1,790 — the lowest figure since April 2020 — while HMBS issuance fell to $446 million details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
Data shows a small fraction of lenders capturing most new production as LOs shift to brokerage and correspondent platforms details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
Lenders can begin sending FHA appraisals in UAD 3.6 details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
The requirement is expected to take effect one to three months after it is announced, per Bloomberg details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
Garg says the consent solicitation topped 50% and could remove five directors, with a third-party inspector reviewing results details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
In his Senate confirmation hearing, Jones highlighted manufactured housing, limits on large investors and new credit underwriting models details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
Scarpati said older homeowners present a much faster growth path for lenders than first-time buyers details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
New managing director will advise mortgage lenders, investors, and real estate firms on growth and tech details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
At AIME Fuse, Niemeier shared her secret sauce for building a referral-based investor loan business in only a few years details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
New executives will support product, partner enablement and business development for lenders and broker partners details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
Letter to FHFA says the added data could improve MBS transparency and reduce recurring credit score cost increases details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
Deal is backed by 218 loans, plus a $98.5M accumulation account and a two-year revolving structure details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
Anthony Whiteside becomes president, while Scott Bristol joins as EVP of national sales details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
Lenders that secure a one-time waiver can keep using UAD 2.6 into 2027 details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
His plan calls for the removal of five directors, including interim CEO Daniel Lewis details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
Refinance activity fell 9% week over week and was 56% lower than a year ago details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
New model-driven evaluations cover QM, non-QM and specialty loans, delivered daily or monthly via ICE Data API details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
SitusAMC’s Julia Curran explains why mortgage AI requires rigorous testing, subject-matter expertise and human oversight to deliver efficiency without introducing new risk details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
Change follows lender feedback after VantageScore 4.0 was approved for eligible conventional loans earlier this month details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
NRMLA President Steve Irwin said the trade group will continue to lobby HUD, FHA on lowering the upfront mortgage insurance premium for federally insured reverse mortgages details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
The move adds about $325M in annual production and expands the company’s presence in Tennessee and Missouri details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
Motive Partners and Social Leverage led the round, with Elio planning nationwide licensing and LO hiring details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
Rocket says a 4-month test using 1.4 million reports helped some borrowers qualify and improved pricing outcomes details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
Only 28% of homeowners 55+ expect their finances to improve soon, with financial confidence split sharply by income and gender details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
Quarterly index shows demand for renovation financing is strongest in states like Indiana, Tennessee and Georgia details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
Growth often adds staff, but more roles can increase coordination work and errors details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
AI is reshaping mortgage economics, but lowering the cost to originate requires disciplined processes, measurable ROI and accountability across the organization. details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
At last week’s AIME Fuse event, Ishbia also shared his thoughts on UWM’s new Underwriter+ program details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
The delinquency rate rose 14 basis points to 3.53%, while prepayments fell to 0.64%, the lowest level in 17 months details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
A survey of 31 lenders and servicers covering 40% of the market found 59% cite regulatory uncertainty as the top barrier details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
The former Pennymac CIO brings 30 years in capital markets, investing and portfolio strategy details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
Co-founder Eric Lovins explains how the Minneapolis-based lender is building a ‘concierge’ financial experience details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
Analysts say the change should boost transparency but is unlikely to move MSR carrying values details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
AZP cited 230,000 loans with no reported claims and a framework focused on governance and auditability details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
At AIME Fuse, VA lending experts addressed product misconceptions, targeted borrower outreach strategies and a creative renovation solution details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
Credit unions originated very few of the 36,000 reverse mortgages in the past 12 months, executives told ACUMA attendees details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com
Most non-retired Americans find the idea of no more regular paychecks concerning details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com