#mortgage-industry

[ follow ]
#market-trends

How is mortgage M&A activity shaping up for 2025?

The mortgage landscape is expected to remain challenging in 2025, but Guild Mortgage plans to capitalize on opportunities through strategic acquisitions.

Reverse mortgage performance metrics end 2024 on a mixed note

HECM endorsements increased by 9.1% in December 2024, showcasing resilience in the reverse mortgage sector.

Navigating movement in the mortgage industry series: Introduction

The mortgage industry's rapid evolution necessitates competent legal counsel to navigate mergers, acquisitions, and individual movements, safeguarding against associated risks.

IMB Summit: Mortgage M&A activity will rise in 2025, industry experts say

Expect increased mergers and acquisitions in the mortgage industry by 2025 due to lower interest rates and improved market confidence.

UWM delivers highest volume in three years amid mini refi boom

UWM Holdings Corp. experienced its biggest production quarter in three years, driven by increasing refi volumes and strategic margin improvements.

Opinion: Are you thriving or barely surviving in the shifting mortgage industry?

Mortgage professionals must adapt to a changing market, acknowledging the challenges while seizing new opportunities for growth and innovation.

How is mortgage M&A activity shaping up for 2025?

The mortgage landscape is expected to remain challenging in 2025, but Guild Mortgage plans to capitalize on opportunities through strategic acquisitions.

Reverse mortgage performance metrics end 2024 on a mixed note

HECM endorsements increased by 9.1% in December 2024, showcasing resilience in the reverse mortgage sector.

Navigating movement in the mortgage industry series: Introduction

The mortgage industry's rapid evolution necessitates competent legal counsel to navigate mergers, acquisitions, and individual movements, safeguarding against associated risks.

IMB Summit: Mortgage M&A activity will rise in 2025, industry experts say

Expect increased mergers and acquisitions in the mortgage industry by 2025 due to lower interest rates and improved market confidence.

UWM delivers highest volume in three years amid mini refi boom

UWM Holdings Corp. experienced its biggest production quarter in three years, driven by increasing refi volumes and strategic margin improvements.

Opinion: Are you thriving or barely surviving in the shifting mortgage industry?

Mortgage professionals must adapt to a changing market, acknowledging the challenges while seizing new opportunities for growth and innovation.
moremarket-trends

Prosperity's Justin Messer on customer satisfaction and mortgage rates

Prosperity Home Mortgage leads in customer satisfaction and is successfully transitioning from refinance to purchase mortgage originations, utilizing a unique Realtor-affiliate model.
#operational-efficiency

Lenders must address repurchase risk before they go bust

Lenders are managing operational pressures through workforce reductions, but this strategy creates risks related to capacity and mistakes in the mortgage process.

Arc Home doubles down on executive leadership hirings

Arc Home enhances leadership with John Gibson and Eamon Cantwell to drive growth and streamline operations in the Non-QM mortgage sector.

CANDID and Atlantic Bay Mortgage forge strategic partnership

CANDID is transforming mortgage operations by simplifying vendor management and enhancing productivity for lenders.
The partnership between CANDID and Atlantic Bay Mortgage Group aims to provide advanced marketing tools to loan officers.

Lenders must address repurchase risk before they go bust

Lenders are managing operational pressures through workforce reductions, but this strategy creates risks related to capacity and mistakes in the mortgage process.

Arc Home doubles down on executive leadership hirings

Arc Home enhances leadership with John Gibson and Eamon Cantwell to drive growth and streamline operations in the Non-QM mortgage sector.

CANDID and Atlantic Bay Mortgage forge strategic partnership

CANDID is transforming mortgage operations by simplifying vendor management and enhancing productivity for lenders.
The partnership between CANDID and Atlantic Bay Mortgage Group aims to provide advanced marketing tools to loan officers.
moreoperational-efficiency
#leadership

The leadership deficiency in the mortgage industry: How we got here and how we can fix it

Effective leadership cannot be assumed based on sales performance; distinct skills are necessary for leadership roles.
Promoting top producers to leadership without proper training harms overall company success.

Movement Mortgage names Steve Smith president, CFO

Steve Smith is appointed as Movement Mortgage's president and CFO, recognized for his leadership in growth and transformation within the mortgage industry.

Getting ready for what's next: lower rates, more refis, more tech - HousingWire

Executives are focused on growth and sharing their successful strategies to navigate challenges effectively.

Rate's reverse mortgage leader talks growth through forward posture

Rate's reverse mortgage division, under Ryan Ogata's leadership, has experienced substantial growth, increasing endorsement volume by approximately 870% year-to-date.

Chrissi Rhea, Mortgage Investors Group co-founder, has died

Chrissi Callaghan Rhea was a pioneering leader in the mortgage industry, known for her advocacy and contributions to fair lending and affordable housing.

Ginger Bell and Fobby Naghmi on leadership deficits in mortgage

Leadership is fundamental across various roles and organizations.

The leadership deficiency in the mortgage industry: How we got here and how we can fix it

Effective leadership cannot be assumed based on sales performance; distinct skills are necessary for leadership roles.
Promoting top producers to leadership without proper training harms overall company success.

Movement Mortgage names Steve Smith president, CFO

Steve Smith is appointed as Movement Mortgage's president and CFO, recognized for his leadership in growth and transformation within the mortgage industry.

Getting ready for what's next: lower rates, more refis, more tech - HousingWire

Executives are focused on growth and sharing their successful strategies to navigate challenges effectively.

Rate's reverse mortgage leader talks growth through forward posture

Rate's reverse mortgage division, under Ryan Ogata's leadership, has experienced substantial growth, increasing endorsement volume by approximately 870% year-to-date.

Chrissi Rhea, Mortgage Investors Group co-founder, has died

Chrissi Callaghan Rhea was a pioneering leader in the mortgage industry, known for her advocacy and contributions to fair lending and affordable housing.

Ginger Bell and Fobby Naghmi on leadership deficits in mortgage

Leadership is fundamental across various roles and organizations.
moreleadership
#loan-originators

How Outsourcing Prepares Lenders for Market Surges in 2025

Outsourcing can save time and money for loan originators, particularly during market fluctuations.

Navigating movement in the mortgage industry series: Individual movement

The mortgage industry rewards loan originators who build steady pipelines outside their current employers.
Legal risks are significant for those switching employers in the mortgage sector.

Dustin Owen, Lauren Walton guide originators on business development, reaching the top 1%

Mortgage originators can leverage social media and prospecting strategies to transition from call center roles to successful retail lending.

How Outsourcing Prepares Lenders for Market Surges in 2025

Outsourcing can save time and money for loan originators, particularly during market fluctuations.

Navigating movement in the mortgage industry series: Individual movement

The mortgage industry rewards loan originators who build steady pipelines outside their current employers.
Legal risks are significant for those switching employers in the mortgage sector.

Dustin Owen, Lauren Walton guide originators on business development, reaching the top 1%

Mortgage originators can leverage social media and prospecting strategies to transition from call center roles to successful retail lending.
moreloan-originators

Mortgage groups gear up to get trigger leads bill passed in 2025

The trigger leads bill aims to improve mortgage credit reporting practices but faces challenges in Congress.
#reverse-mortgages

Property preservation firm MCS sees reverse channel as a growth opportunity

MCS aims to leverage its established services as it transitions into the reverse mortgage industry, recognizing both similarities and differences.

FOA's good' reverse originator ranking reaffirmed by Morningstar DBRS

Morningstar reaffirmed Finance of America's MOR RVO2 rating, highlighting their growth and strategic focus on reverse mortgage products.

Origins: When a reverse mortgage saved a client from bankruptcy

Rick Rodriguez's journey into reverse mortgages began unexpectedly but led to significant success and impact on clients' lives.

Reverse mortgage pro shares his insights as a customer

Navigating reverse mortgages can be frustrating, but industry experience helps manage the complexities of the process.

Rate's Jesse Allen on targeting and expanding reverse mortgages

Rate has appointed Jesse Allen as president of its reverse lending division to enhance offerings in the reverse mortgage space as it approaches 2025.

Mutual of Omaha's reverse division launches broker protection program

Mutual of Omaha Mortgage's Broker Protect program offers brokers unprecedented protections, enhancing trust and collaboration within the reverse mortgage industry.

Property preservation firm MCS sees reverse channel as a growth opportunity

MCS aims to leverage its established services as it transitions into the reverse mortgage industry, recognizing both similarities and differences.

FOA's good' reverse originator ranking reaffirmed by Morningstar DBRS

Morningstar reaffirmed Finance of America's MOR RVO2 rating, highlighting their growth and strategic focus on reverse mortgage products.

Origins: When a reverse mortgage saved a client from bankruptcy

Rick Rodriguez's journey into reverse mortgages began unexpectedly but led to significant success and impact on clients' lives.

Reverse mortgage pro shares his insights as a customer

Navigating reverse mortgages can be frustrating, but industry experience helps manage the complexities of the process.

Rate's Jesse Allen on targeting and expanding reverse mortgages

Rate has appointed Jesse Allen as president of its reverse lending division to enhance offerings in the reverse mortgage space as it approaches 2025.

Mutual of Omaha's reverse division launches broker protection program

Mutual of Omaha Mortgage's Broker Protect program offers brokers unprecedented protections, enhancing trust and collaboration within the reverse mortgage industry.
morereverse-mortgages

Rocket's counterpunch: Calling Out HUD and the DOJ

The DOJ's lawsuit against Rocket Mortgage highlights concerns about appraisal bias but obscures accountability by not focusing on the role of independent appraisers.

Want more clients? Mortgage pros say online reviews are crucial

Online reviews are crucial for mortgage loan officers; those not soliciting them risk losing potential clients.
#innovation

TidalWave CEO Diane Yu on building an AI-first company

Building an AI-first company enables rapid innovation and accurate solutions without the constraints of legacy systems.

How Emerging Technologies Are Shaping the Future of Mortgage and Real Estate

Technological innovations like AI and machine learning are set to revolutionize mortgage and real estate industries by enhancing workflows and consumer relationships.

HousingWire's Tech100 Honorees: How they're innovating the industry today

HousingWire's Tech100 award celebrates innovative companies shaping the housing and mortgage industry through advanced technology and new products.

ICE Mortgage Technology President Tim Bowler on how ICE is delivering for the mortgage industry

ICE Mortgage Technology is committed to innovation that enhances efficiency and the homebuying experience through advanced technology solutions.

HousingWire Spotlight: Mortgage Mavericks, The People of Polly

The docuseries explores the personal and professional journeys of Polly's executive team, emphasizing their impact on the mortgage industry's future.

Mr. Cooper shakes up technology leadership

Mr. Cooper Group enhances its technology leadership with new appointments, focusing on AI and machine learning for a better customer experience.

TidalWave CEO Diane Yu on building an AI-first company

Building an AI-first company enables rapid innovation and accurate solutions without the constraints of legacy systems.

How Emerging Technologies Are Shaping the Future of Mortgage and Real Estate

Technological innovations like AI and machine learning are set to revolutionize mortgage and real estate industries by enhancing workflows and consumer relationships.

HousingWire's Tech100 Honorees: How they're innovating the industry today

HousingWire's Tech100 award celebrates innovative companies shaping the housing and mortgage industry through advanced technology and new products.

ICE Mortgage Technology President Tim Bowler on how ICE is delivering for the mortgage industry

ICE Mortgage Technology is committed to innovation that enhances efficiency and the homebuying experience through advanced technology solutions.

HousingWire Spotlight: Mortgage Mavericks, The People of Polly

The docuseries explores the personal and professional journeys of Polly's executive team, emphasizing their impact on the mortgage industry's future.

Mr. Cooper shakes up technology leadership

Mr. Cooper Group enhances its technology leadership with new appointments, focusing on AI and machine learning for a better customer experience.
moreinnovation
#affordable-housing

Ginnie Mae report touts commitment to reverse mortgage space

Ginnie Mae's FY 2024 report focuses on enhancing liquidity and accessibility in the mortgage market, with key initiatives like HMBS 2.0 for reverse mortgages.

Guild hires Nora Guerra as SVP of community lending solutions

Nora Guerra has been hired by Guild Mortgage to enhance community lending solutions and promote attainable homeownership.

Ginnie Mae report touts commitment to reverse mortgage space

Ginnie Mae's FY 2024 report focuses on enhancing liquidity and accessibility in the mortgage market, with key initiatives like HMBS 2.0 for reverse mortgages.

Guild hires Nora Guerra as SVP of community lending solutions

Nora Guerra has been hired by Guild Mortgage to enhance community lending solutions and promote attainable homeownership.
moreaffordable-housing
#homeownership

Andrew Bon Salle is joining Mr. Cooper Group's board of directors

Mr. Cooper Group appoints Andrew Bon Salle to its board, leveraging his extensive experience to enhance homeownership journeys.

Rocket Mortgage spends $14M to secure namesake domain

Rocket Companies invested $14 million in acquiring Rocket.com to enhance its brand and unify homeownership services.

Andrew Bon Salle is joining Mr. Cooper Group's board of directors

Mr. Cooper Group appoints Andrew Bon Salle to its board, leveraging his extensive experience to enhance homeownership journeys.

Rocket Mortgage spends $14M to secure namesake domain

Rocket Companies invested $14 million in acquiring Rocket.com to enhance its brand and unify homeownership services.
morehomeownership
#career-development

How to Get (or Renew) Your NMLS License in 2024

Launching a career as a Mortgage Loan Officer requires an NMLS license and hard work to deliver value to clients.

Sierra Pacific Mortgage hires Suzy Lindblom as COO

Sierra Pacific Mortgage has appointed Suzy Lindblom as Chief Operating Officer, enhancing its leadership with her extensive industry experience.

How to Get (or Renew) Your NMLS License in 2024

Launching a career as a Mortgage Loan Officer requires an NMLS license and hard work to deliver value to clients.

Sierra Pacific Mortgage hires Suzy Lindblom as COO

Sierra Pacific Mortgage has appointed Suzy Lindblom as Chief Operating Officer, enhancing its leadership with her extensive industry experience.
morecareer-development

Dustin Owen on the CFPB's role to prevent a housing market crash

Elon Musk's proposal to eliminate the CFPB could significantly affect consumer protections in finance and mortgage lending.
#customer-experience

The mortgage industry's experience revolution: Balancing cost, capability, and customer expectations

Redefining the customer experience alongside managing costs and capabilities is key to the mortgage industry's future.

Mr. Cooper CEO talks trillion-dollar portfolio, AI and upcoming plans

Mr. Cooper is focusing on building a balanced business model that emphasizes both servicing and origination to enhance customer relationships.

The mortgage industry's experience revolution: Balancing cost, capability, and customer expectations

Redefining the customer experience alongside managing costs and capabilities is key to the mortgage industry's future.

Mr. Cooper CEO talks trillion-dollar portfolio, AI and upcoming plans

Mr. Cooper is focusing on building a balanced business model that emphasizes both servicing and origination to enhance customer relationships.
morecustomer-experience
from www.housingwire.com
4 weeks ago

Potential TikTok ban looms, forcing mortgage LOs to pivot

Potential TikTok ban raises concerns about disruption in connecting with young homebuyers.
TikTok's absence could hinder financial education efforts for prospective borrowers.
The mortgage industry is adapting by encouraging use of other social media platforms.
#loan-origination

John Cornish explores effective mortgage origination scaling tips

Adapting to industry changes is crucial for success in mortgage lending.

Fitch Ratings says the 2025 mortgage sector outlook is improving'

Fitch Ratings has predicted an improving outlook for the mortgage sector in 2025 due to expected lower rates and increased profitability.

John Cornish explores effective mortgage origination scaling tips

Adapting to industry changes is crucial for success in mortgage lending.

Fitch Ratings says the 2025 mortgage sector outlook is improving'

Fitch Ratings has predicted an improving outlook for the mortgage sector in 2025 due to expected lower rates and increased profitability.
moreloan-origination
#real-estate

Could the NAR settlement be a blessing in disguise for VA buyers?

The VA is considering permanent changes to assist Veterans in homebuying, contingent on feedback and assessments.

Freedom Mortgage CEO Middleman urges lenders to prep for 2025

Preparing for market risks is key for long-term success in the mortgage industry.
Understanding operational risk helps businesses adapt through varying market cycles.

HousingWire Pulse Survey: Respondents says Trump's policies better for housing

Industry professionals show a preference for Trump's policies over Harris's regarding housing affordability and support for homebuyers.

Could the NAR settlement be a blessing in disguise for VA buyers?

The VA is considering permanent changes to assist Veterans in homebuying, contingent on feedback and assessments.

Freedom Mortgage CEO Middleman urges lenders to prep for 2025

Preparing for market risks is key for long-term success in the mortgage industry.
Understanding operational risk helps businesses adapt through varying market cycles.

HousingWire Pulse Survey: Respondents says Trump's policies better for housing

Industry professionals show a preference for Trump's policies over Harris's regarding housing affordability and support for homebuyers.
morereal-estate
#loan-production

Mortgage lenders made an average profit of $701 per loan in Q3

Independent mortgage banks showed increased profitability in Q3 2024, but fewer reported profits compared to Q2, indicating challenges ahead.
Average pretax net profit per loan rose to $701 in Q3 2024.

UWM drops LLPAs on most government loans

UWM has eliminated LLPAs on government loans to improve affordability for consumers with higher credit scores.

Mortgage lenders made an average profit of $701 per loan in Q3

Independent mortgage banks showed increased profitability in Q3 2024, but fewer reported profits compared to Q2, indicating challenges ahead.
Average pretax net profit per loan rose to $701 in Q3 2024.

UWM drops LLPAs on most government loans

UWM has eliminated LLPAs on government loans to improve affordability for consumers with higher credit scores.
moreloan-production
#fhfa

VantageScore unveils its Mortgage Resource Center

VantageScore has introduced a Mortgage Resource Center to assist lenders in adopting the new VantageScore 4.0 model ahead of the required deadline.

No undue risk! Freddie Mac's Sonu Mittal on new buyback remedy, appraisal waiver extensions

The significance of loan buybacks varies by perspective; Freddie Mac experiences a decrease in requests but increase in repurchase amounts suggests complexity.

Rocket Pro TPO raises conforming loan limit to $802,650 ahead of FHFA's decision

Rocket Pro TPO raised agency conforming loan limits to $802,650, ahead of expected FHFA announcement, significantly aiding larger pool of homebuyers.

VantageScore unveils its Mortgage Resource Center

VantageScore has introduced a Mortgage Resource Center to assist lenders in adopting the new VantageScore 4.0 model ahead of the required deadline.

No undue risk! Freddie Mac's Sonu Mittal on new buyback remedy, appraisal waiver extensions

The significance of loan buybacks varies by perspective; Freddie Mac experiences a decrease in requests but increase in repurchase amounts suggests complexity.

Rocket Pro TPO raises conforming loan limit to $802,650 ahead of FHFA's decision

Rocket Pro TPO raised agency conforming loan limits to $802,650, ahead of expected FHFA announcement, significantly aiding larger pool of homebuyers.
morefhfa

Training to lead: How to build leaders in your mortgage business

Strong leadership is essential in the mortgage industry to navigate change and empower teams.
#financial-performance

When rates skyrocketed, mortgage servicing reset the board. The next battle is about to begin

Mr. Cooper plans to leverage its client base and technology investment to enhance retention and drive mortgage origination volume.
The Flagstar acquisition reinforces Mr. Cooper's position as the leading servicer in a competitive market.

Guild posts $67M loss in Q3 even with moderate gain in origination volume

Despite a major quarterly loss, Guild Holdings remains optimistic due to growth in origination volumes and strategic investments.

How Pennymac is navigating the double-edged sword of lower rates

Declining interest rates benefited Pennymac's loan production but negatively impacted their servicing portfolio, resulting in a profit decline from the previous quarter.

When rates skyrocketed, mortgage servicing reset the board. The next battle is about to begin

Mr. Cooper plans to leverage its client base and technology investment to enhance retention and drive mortgage origination volume.
The Flagstar acquisition reinforces Mr. Cooper's position as the leading servicer in a competitive market.

Guild posts $67M loss in Q3 even with moderate gain in origination volume

Despite a major quarterly loss, Guild Holdings remains optimistic due to growth in origination volumes and strategic investments.

How Pennymac is navigating the double-edged sword of lower rates

Declining interest rates benefited Pennymac's loan production but negatively impacted their servicing portfolio, resulting in a profit decline from the previous quarter.
morefinancial-performance

Trump's presidency signals new regulatory era for mortgages

Trump's presidency is expected to transform financial sector regulations, enhancing market freedom and reducing oversight.

Fitch downgrades then upgrades FOA issuer default rating

Finance of America’s credit rating was downgraded to restricted default and then upgraded after a debt exchange that improved its financial stability.
#acquisition

Wholesale giant OCMBC acquires defunct retail lender HomeStar Financial

OCMBC's acquisition of HomeStar reflects industry consolidation amid rising interest rates and pressures on smaller lenders.

NerdWallet enters the mortgage broker world with acquisition of Next Door Lending

NerdWallet's acquisition of Next Door Lending will enhance mortgage services and is expected to yield significant revenue growth.

Wholesale giant OCMBC acquires defunct retail lender HomeStar Financial

OCMBC's acquisition of HomeStar reflects industry consolidation amid rising interest rates and pressures on smaller lenders.

NerdWallet enters the mortgage broker world with acquisition of Next Door Lending

NerdWallet's acquisition of Next Door Lending will enhance mortgage services and is expected to yield significant revenue growth.
moreacquisition

The mortgage industry braces for (more) FICO price hikes

Mortgage bankers are frustrated over potential price hikes for FICO scores, viewing it as an exploitation of their position in the market.
from www.housingwire.com
2 months ago

FHFA to allow alternative appraisal methods on purchases up to 97% LTV

The FHFA is increasing LTV requirements to widen access to appraisal waivers for first-time homebuyers.
#efficiency

Is technology the problem, not the solution, in the mortgage industry?

Despite technological advancements, mortgage origination costs have increased, highlighting potential misapplications of these innovations.

Reggora says it will cover mortgage repurchase, LLPA losses tied to appraisal defects

Reggora's warranty for appraisals enhances efficiency, reducing manual underwriting needs for lenders and covering financial losses due to defects.

Is technology the problem, not the solution, in the mortgage industry?

Despite technological advancements, mortgage origination costs have increased, highlighting potential misapplications of these innovations.

Reggora says it will cover mortgage repurchase, LLPA losses tied to appraisal defects

Reggora's warranty for appraisals enhances efficiency, reducing manual underwriting needs for lenders and covering financial losses due to defects.
moreefficiency
#interest-rates

Weathering change in the housing market: How originators can handle the mortgage industry forecast

Shifting fiscal policies and potential interest rate cuts will significantly impact the mortgage industry and housing market dynamics during the upcoming presidential election.

Mortgage market should improve to $2.3 trillion(!) in 2025, MBA says

The mortgage industry is on a recovery path with estimated $2.3 trillion in origination volume by 2025, indicating strong growth.

Mortgage leaders talk rates, capital markets and fresh origination strategies

The mortgage industry is adapting to falling interest rates by leveraging technology and focusing on sustainable business scaling strategies.

Weathering change in the housing market: How originators can handle the mortgage industry forecast

Shifting fiscal policies and potential interest rate cuts will significantly impact the mortgage industry and housing market dynamics during the upcoming presidential election.

Mortgage market should improve to $2.3 trillion(!) in 2025, MBA says

The mortgage industry is on a recovery path with estimated $2.3 trillion in origination volume by 2025, indicating strong growth.

Mortgage leaders talk rates, capital markets and fresh origination strategies

The mortgage industry is adapting to falling interest rates by leveraging technology and focusing on sustainable business scaling strategies.
moreinterest-rates
#regulatory-compliance

Proactive quality control for lenders: How to navigate market shifts, regulatory changes and improve loan quality

Lenders must improve quality control practices as defect rates rise and market conditions improve.

The holistic approach: A paradigm shift for quality control in mortgage lending

Lenders must integrate Quality Control principles throughout the lending process to ensure stability and reduce risks.
A holistic approach to QC includes robust training, independent oversight, and regular updates to policies.

Encompass by ICE Mortgage Technology: A flexible end-to-end origination solution

Encompass by ICE Mortgage Technology offers a comprehensive solution for lenders to navigate evolving market conditions and improve loan processing efficiency.

Proactive quality control for lenders: How to navigate market shifts, regulatory changes and improve loan quality

Lenders must improve quality control practices as defect rates rise and market conditions improve.

The holistic approach: A paradigm shift for quality control in mortgage lending

Lenders must integrate Quality Control principles throughout the lending process to ensure stability and reduce risks.
A holistic approach to QC includes robust training, independent oversight, and regular updates to policies.

Encompass by ICE Mortgage Technology: A flexible end-to-end origination solution

Encompass by ICE Mortgage Technology offers a comprehensive solution for lenders to navigate evolving market conditions and improve loan processing efficiency.
moreregulatory-compliance

Fairway's Steve Jacobson is 'focused on speed' as he builds company culture

Building a culture of humility and inclusivity is vital for retaining talent and driving business success in the mortgage industry.

Brenda Hedeen joins Canopy Mortgage as CFO

Brenda Hedeen joins Canopy Mortgage as CFO, praising its innovative culture and tech-driven approach to mortgage lending.
from www.housingwire.com
2 months ago

Better launches voice-based AI loan assistant

Better.com launched Betsy, an AI loan assistant that automates the mortgage application process, improving efficiency and reducing costs.

FCC says new rules for robocall and text opt-outs will take effect in April 2025

New FCC rules in 2025 will strengthen consumer rights against unwanted robocalls and texts, requiring timely opt-out compliance from organizations.

PrimeLending onboards a rival lender's CEO

Brian McKinney joins PrimeLending as executive VP for growth, emphasizing opportunities in the mortgage industry and strategic expansion in Texas.

Severe storm fallout could destabilize the intersection of mortgage and insurance

The home insurance marketplace is under significant pressure from extreme weather events, affecting costs for carriers, consumers, and the mortgage industry.
#regulatory-changes

CFPB director open to changing mortgage regs to fix refi process

Closing costs significantly impede mortgage refinancing, prompting regulatory reviews to streamline processes and reduce expenses for consumers.

Adapting to change: Innovation and transformation in loss mitigation

The loss mitigation space is rapidly evolving, requiring firms to adapt to new regulatory changes and market conditions.

CFPB director open to changing mortgage regs to fix refi process

Closing costs significantly impede mortgage refinancing, prompting regulatory reviews to streamline processes and reduce expenses for consumers.

Adapting to change: Innovation and transformation in loss mitigation

The loss mitigation space is rapidly evolving, requiring firms to adapt to new regulatory changes and market conditions.
moreregulatory-changes

IMB Summit: Mortgage execs on why the next refi wave won't be easy

Optimism is rising as mortgage rates near 6%, signaling a potential mini refi boom, but it's not a means of salvation for originators.

IMB Summit: Holstering the "money gun," addressing the homeowner's insurance crisis & more

The mortgage industry faces rising manufacturing costs and the challenge of maintaining affordability amidst upcoming structural changes and increased regulation.

The mortgage industry is hiring again but at different terms

UWM adopts a cautious hiring strategy with in-house training, responding to the cyclicality of the mortgage industry while avoiding fast-paced hiring and layoffs.

Risk to reward: Mortgage Connect Risk Solutions continues to set the standard after 40 years

Mortgage Connect Risk Solutions is crucial in risk management for the evolving mortgage industry.

Guild's Jim Cory on the company's ambitious reverse mortgage rebrand

Guild Mortgage launched the Flex Payment Mortgage suite to modernize its reverse mortgage offerings, emphasizing flexibility and a unified branding strategy to attract consumers.

Large lenders have expanded their digital home equity options

Mortgage lenders are enhancing home equity lending accessibility with digital processes and new options for borrowers.

AI Demo Day: ChatUWM

ChatUWM enhances efficiency for independent mortgage brokers with AI-driven instant responses on mortgage-related topics.

Sue Buswell, longtime mortgage pro, has died

Sue Buswell, a passionate credit education advocate, passed away unexpectedly at 58, leaving a legacy of generosity and knowledge in the mortgage industry.
[ Load more ]