CU Direct’s Origence, which provides mortgage loan tech to lenders, has laid off nearly three dozen workers. A company spokesperson said Origence laid off 34 employees on Aug. 17, in multiple departments, as it continues to “build efficiency in its
When Was My House Built? How to Search the Property History for a Home
With all the steps you’re required to take during the homebuying experience, you may be forgetting to ask some very important questions, like when was the house built and what exactly is its history? So, before you strike a deal
Reverse mortgage pro fact-checks product claims by Dave Ramsey
The reverse mortgage industry is perhaps overly familiar with having a need to fact-check certain claims about the product category made by financial commentators, some of which are very well-known by the general public while others are simply ubiquitous enough
Tim Mayopoulos to speak at HW Annual Sept. 27- 28
As the mortgage industry moves further into the digital era, lenders are continuing to see the value and ease of cloud-based lending to simplify outdated processes. That’s why HousingWire has invited Tim Mayopoulos, president of Blend, to sit down for a
5 Questions to Ask Before Buying a Home in Wildfire Territory
Whether you’re a first-time homebuyer or seasoned property owner on the hunt for a new home, you may be familiar with the process of vetting a house for potential issues. Doing your due diligence upfront can help prevent any future
Introducing the 2021 HW Insiders
HousingWire’s Insiders are known as the operational all-stars who are vital to their organization’s success behind the scenes. For the first time, this year’s list includes 100 honorees, reflecting the massive role this group had on the industry. They truly
How to Calculate the Square Footage of Your House
A house that sounds roomy and spacious online may actually have 800 of its square feet contained in a four-foot-tall dirt-floor basement. What’s up with that? In Washington DC, clients are often confused at the square footage discrepancy between what’s
HousingWire Magazine: September 2021
Brena NathHW+ Managing Editor Did you dream about getting into the mortgage industry? It’s a question — an often joked about question — that I think we’ve all heard before when chatting with others in the space. Personally, my own
Lincoln slog: Why home prices don’t rise in Springfield
“It was here, in Springfield, where North, South, East and West come together, that I was reminded of the essential decency of the American people, where I came to believe that through this decency, we build a more hopeful America.”
Refinance applications sputter despite low rates
Mortgage applications dipped 2.4% for the week ending Aug. 27, with a notable drop in refinance applications, according to the latest report from the Mortgage Bankers Association. On an unadjusted basis, the weekly mortgage application survey by the trade organization
21 Best Cities To Invest In Real Estate In 2021 | Norada
In this article, we discuss some of the best places to invest in real estate. Real estate remains an appealing asset class for investors because of the opportunity to earn recurrent income from rentals. If the market dynamics are optimal,
Bathroom design trends for 2021
Your master bathroom is your oasis. It’s where you go at the end of a long day to wash away the stress, to practice self-care, or to prepare for the day ahead. The bathroom is more than just another room
Houston Housing Market: Prices | Trends | Forecast 2021
We will discuss the latest Houston housing market trends. The Greater Houston housing market recorded its thirteenth consecutive month of positive sales. Single-family home sales and total property sales registered declines versus last July while total dollar volume rose. Pending sales, a
Policing the pocket listings
This is HousingWire’s two-part series examining the ramifications of NAR’s decision last year to ban pocket listings. Part 1 looked at the history of the ban and inherent enforcement problems it posed. Part 2 examines how MLSs have implemented the
Roofstock buys Great Jones platform to help investors profit on their real estate
Roofstock, a proptech startup aimed at making it easier to purchase an income-producing property, announced Wednesday its acquisition of Great Jones, a property management platform that Roofstock intends to utilize for its “end-to-end single-family rental platform.” The Oakland, California-based company
Finding Ginnie Mae president should be a priority for Biden
As I observe Housing and Urban Development (HUD) Secretary Fudge staffing out her management teams, a large hole remains unfilled. In fact, this hole has not been filled permanently in almost five years. The position is an important one, a
Stewart Title acquires Informative Research for $192M
“Big Four” title firm Stewart Title has struck yet another acquisitions deal. And this one’s a big one. Stewart has acquired Informative Research, a mortgage-focused data and analytics tech company based in Houston, the companies announced on Thursday. Informative Research
San Diego Housing Market: Prices | Trends | Forecast 2021
Home prices & sales are rising across the Southern California housing market and San Diego is no exception. In Southern California, the median home price has risen by double digits for nine consecutive months. Homes on the market are selling
Finicity expands mortgage verification with ICE integration
Finicity, an open-banking solutions provider that was acquired by Mastercard in 2020, announced a partnership with its one-touch Mortgage Verification Service and ICE Mortgage Technology on Thursday. The integration allows borrowers to permission data so that lenders can quickly verify assets, income
CoreLogic partners with ICE Mortgage Technology
Analytics vendor CoreLogic announced Thursday that it has entered into an enterprise agreement with ICE Mortgage Technology to integrate and automate its core solutions on ICE’s platform, enabling a more streamlined workflow for lenders. Via the Encompass Partner Connect, a cloud-native
TRENDING: Best cities for state fair enthusiasts
Want to live close to the party? These cities are home to the biggest state fairs in the U.S.: Syracuse, NY – 1.2 million visitors West Springfield, MA – 1.5 million visitors St. Paul, MN – 2 million visitors Dallas,
The problem with banning pocket listings
This is Part 1 of HousingWire’s two-part series examining the National Association of Realtors’ clear cooperation policy, better known as a ban on pocket listings, or homes not marketed on Multiple Listings Service. Part 1 looks at the history of
Mortgage rates hold steady at 2.87%
The average 30-year fixed-rate mortgage held steady at 2.87% for the week ending in August 26, according to mortgage rates data released Thursday by Freddie Mac‘s PMMS. The week prior, mortgage rates declined slightly to 2.86%. This week’s near constant
Another $15K first-time homebuyer tax credit bill emerges
The much-talked-about $15,000 first-time homebuyer tax credit has made another appearance in Washington, D.C., this time as part of a housing bill introduced in the U.S. Senate. Though certain provisions of the bill contain some of the boldest proposed housing