HousingWire

• Vishal Garg, CEO of Better.com, is back January 19, 2022
  Vishal Garg, the CEO of Better.com, is making a comeback, just one month after being forced to take administrative leave. Two board members have also resigned. The post Vishal Garg, CEO of Better.com, is back appeared first on HousingWire.
• Mortgage apps up 2.3% with new record average loan size January 19, 2022
  The seasonally adjusted Purchase Index rose 7.9% from the previous week, while the Refinance Index decreased 3.1% in the same period. The post Mortgage apps up 2.3% with new record average loan size appeared first on HousingWire.
• loanDepot’s CEO picks up pricey real estate in Florida January 18, 2022
  Anthony Hsieh, the CEO of loanDepot, has been buying some pricey real estate in Florida, pushing his property portfolio to over $150 million. The post loanDepot’s CEO picks up pricey real estate in Florida appeared first on HousingWire.
• Regulators slap mortgage LOs with fines for skipping class January 18, 2022
  More than 400 mortgage LOs will pay penalties after a multi-state investigation alleged they falsely claimed they completed an annual continuing education requirement. The post Regulators slap mortgage LOs with fines for skipping class appeared first on HousingWire.
• Forbearance rate drops below 1.5% January 18, 2022
  Servicers’ forbearance portfolio volume dropped in December to a level below 1.5% for the first time in 18 months. The post Forbearance rate drops below 1.5% appeared first on HousingWire.
• Private-label sets a furious pace to start 2022 January 18, 2022
  A total of 10 new private-label securitization deals backed by more than 9,500 mortgages valued collectively at nearly $5.4 billion have already hit the market in 2022 The post Private-label sets a furious pace to start 2022 appeared first on HousingWire.
• Milo launches a crypto mortgage product January 18, 2022
  Milo, a Miami-based digital lender, will soon offer a crypto mortgage to clients with digital assets. And clients can finance 100% of their purchase The post Milo launches a crypto mortgage product appeared first on HousingWire.
• Here’s how one mortgage lender gives back to service members January 18, 2022
  About five years ago, NFM Lending was looking for a way to shift from sporadic donations to service members to a dedicated effort that regularly recognized their sacrifice. Their answer was the creation of the NFM Salute. The post Here’s how one mortgage lender gives back to service members appeared first on HousingWire.
• Wells Fargo reports lower GOS and origination volume in Q4 January 14, 2022
  Wells Fargo originated $48.1 billion worth of mortgages in the fourth quarter, down from $51.9 billion in the previous quarter. The post Wells Fargo reports lower GOS and origination volume in Q4 appeared first on HousingWire.
• Lunch & Learn : The Role of Appraisers in the Future of Valuation January 14, 2022
  Hosted by Accurate Group Collateral valuation is a critical component of mortgage lending and the home sales process. During the course of the pandemic, mortgage professionals have seen origination volumes for refi and purchase skyrocket as they have simultaneously faced challenges of accessing properties and completing in-person inspections. The appraisal process is ripe for change, and […]