Following its rebrand from Citadel Servicing Corp. to Acra Lending, the company has also launched a new jumbo prime program. HousingWire recently spoke with Keith Lind, Acra executive chairman and president, and Acra CEO Kyle Gunderlock, about the new program
Mortgage Tech Demo Day: Finance of America Mortgage
Finance of America Mortgage Finance of America Mortgage has served the rigorous demands and long-term needs of our customers for more than a quarter-century. We’re dedicated to helping our clients achieve the dream of homeownership. And with the support of
Mortgage Tech Demo Day: Nomis
Nomis Mortgage Helping pricing from start to finish, Nomis Mortgage is a comprehensive, powerful analytics suite for banks and lenders. Nomis Mortgage expands the efficiency frontier by increasing both margins and volume, giving teams real-time competitive and pricing analytics and
Mortgage Tech Demo Day: iEmergent
iEmergent iEmergent’s Mortgage MarketSmart and DIVERSIFi solutions provide accurate market opportunity forecasts, current listing/agent data, and critical competitor data that drill down from national to local levels of detail. With powerful analytical and visualization tools, our insight enables lenders to
Reggora gets Series B funding, eyes 2-day appraisals
Appraisal software company Reggora today announced the completion of a $30 million Series B funding round, led by returning investor Spark Capital. Other investors included Shine Capital, Greenpoint Partners, Boston Seed and 1984. The company snagged $10 million in a
US Housing Market Forecast 2021: Will It Crash or Boom?
Here are the latest housing market predictions and forecasts for 2021 & 2022. The global pandemic shattered the world order and the US economy suffered its biggest blow since the Great Depression in the second quarter. The housing market too
Repurposing Properties: Creating New Uses from Old Buildings
Investors have long been interested in adaptive reuse – the process of repurposing a vacant or underutilized building and converting it into another use. Vacant malls, for example, are now being transformed into medical uses, schools and even housing. And
MISMO to prioritize eMortgages in 2021
This year, eClosings surged as remote online notarization became more popular and consumers looked for alternative ways to close on a home. Moving forward, the Mortgage Industry Standards Maintenance Organization, a not-for-profit subsidiary of the Mortgage Bankers Association, will continue
Will there be a housing supply shortage in 2021?
This is the fifth installment of our economist Q&A series, as we work to answer the top 2021 housing market questions for our HW+ members. Every Tuesday in December, HousingWire interviewed a top economist in the HW+ Slack channel. In
People movers: Mid America, TMC, Framework and Sagent
To start off this week’s people movers, Mid America Mortgage promoted Jemma Pachiano to chief operating officer. Pachiano joined the company in 2011 as national support and training director where she led communication between the company’s executive team, operations team and
What to budget for closing costs when buying a house
Are you considering purchasing a home for the first time? Then you’re probably already saving money for your down payment. But what about all the other costs needed to complete the transaction? Understanding what expenses are required at closing to
Homepoint files for IPO
Correspondent and wholesale lender Homepoint is the latest mortgage company to aim for an IPO. The Ann Arbor, Michigan-based lender filed an S-1 with the Securities and Exchanges Commission on Friday afternoon. The company indicated in the S-1 that its
Fed bond purchases to keep pace through end of 2021
The Federal Reserve made another bid for economic stability on Friday after Vice Chairman Richard Clarida said he expects the central bank to maintain the pace of its bond purchases through 2021. “My economic outlook is consistent with us keeping
2021 means new challenges for mortgage lending
For many of us, the start of a new year is usually synonymous with a renewed sense of professional self, focusing on new goals, new prospects for the year and, of course, the excitement for the upcoming spring real estate
Economists see housing as bright spot to unemployment
Another month of rising COVID-19 cases left the unemployment situation in the U.S. virtually unchanged in December, with the rate holding for the second month at 6.7%, the U.S. Labor Department said on Friday. Due to massive losses in the
7 Simple Home Improvements to Beat the Winter Blues
Winter can be a tough time of year for many of us, especially after all the holiday excitement dwindles down. It’s cold. It’s dark. It’s gloomy. And this is when many of us start to feel the winter blues settling
The mortgage industry should build ATR rule governance
It seems simple enough on its face: when a lender makes a home loan, the lender must determine, document, and verify that the prospective borrower has the ability to repay their full loan. Over a decade after passage of the
LendWize acquires broker software platform ARIVE
Months after taking over management of broker LOS platform ARIVE, mortgage software startup LendWize has finalized a deal to take complete ownership of the origination platform. LendWize took over management of the platform in early 2020 and integrated ARIVE’s software
How to Sell Your House in 2021
So, you’ve evaluated your finances, thought about your lifestyle and made the big decision to sell your home. Maybe you’ve decided to downsize, or you’re moving out of the big city because you can now work remotely, or maybe you
10 Best Real Estate Books On Investing You Must Read In 2021
Real estate investments can yield some great returns if the proper steps are taken, but many new investors simply do not have the skills or education to make it happen. I wanted to write about the importance of real estate
8 Major Home Design Trends That’ll Be Big in 2021, According to Redfin and Hunker
This article is a collaboration between Redfin and Hunker With a new-found love for our homes this past year, it’s likely you’ve racked up a laundry list of ways that you’d love to revamp your space. And what better time
Getting pre-approved for a home loan in 4 easy steps
Getting pre-approved for your mortgage is one of the best ways to ensure the home-buying process runs smoothly. Many sellers these days expect a pre-approval letter as part of an offer, so take care of it early in your search
Orlando Real Estate Market & Investment Overview 2021
Housing data represents all single-family homes (SFH) taken or sold by ORRA brokers, regardless of location. Housing Forecast is an estimate based on data from multiple sources. While it is deemed reliable, it is not guaranteed. We’ll be discussing the
What Georgia outcome means for Biden’s housing agenda
The first week of January is usually a quiet time for housing and for policy makers in Washington D.C. Even in a transition year, despite the perfunctory obligations to certify elections, plan for inaugurations, and swear in new members of