Longtime Reggora executive Katherine Loveland has left the company and has been named the new CEO at mortgage marketing firm Volly. Loveland will take over for Jerry Halbrook, who will transition to executive chairman. Massachusetts-based Volly is a provider of marketing, customer engagement strategies and lending technologies for the mortgage industry. It was named a […more]
The Community Home Lenders Association and the Community Mortgage Lenders of America, two Washington, D.C. lobby groups representing smaller mortgage lenders, will join forces. The new group, the Community Home Lenders of America, will conserve CHLA’s acronym. The group will operate out of one office and merge assets. Several former congressional aides and a former […more]
Having inched up 0.2 percent on a seasonally adjusted basis last week, mortgage loan application volume in the U.S. has since dropped 3.0 percent in the absolute or 2.3 percent on an adjusted basis, with another 2 percent drop in purchase mortgage activity, which was down 18 percent on a year-over-year basis. As such, mortgage […more]
Worried about the changing tides in the real estate market and the current recession? To help you feel as prepared and informed as possible, we’ve designed the HousingWire Annual agenda to address the top questions in housing right now, including questions around the recession and how housing professionals are working to stay competitive in this […more]
Tuesday’s housing starts report clearly shows that homebuilders are going to be done with single-family construction until mortgage rates fall. Housing completion data is still struggling to get some traction, but in the coming months, builders should be able to get more housing completions done while housing permits and starts for single-family homes are in […more]
Nearly 70 mortgage lenders and brokers made it on the list of Inc. Magazine‘s 5,000 fastest-growing companies in the U.S. for 2022. The companies are U.S.-based, privately held and independent as of Dec. 31, 2018. Additionally, all these businesses had a minimum revenue of $100,000 in 2018 and $2 million last year. All the top […more]
A total of nine title insurance and settlement services providers were named to the Inc. 5000 list of America’s fastest growing private companies for 2022. In 2021, 12 firms made the list. The self-reported list is comprised of the 5,000 fastest growing private companies in the U.S. based on percentage revenue growth from 2018 to […more]
Canadian real estate tech firm Voxtur Analytics Corp. has agreed to buy mortgage servicing rights trading platform Blue Water Financial Technologies for a cool $101 million. Voxtur, which has been on a buying binge over the last few years, plans to combine Blue Water’s capital markets SaaS platform with its own constellation of real estate […more]
Sixteen companies offering mortgage tech solutions made the Inc. 5000 rankings released today, with several repeat winners. The program ranks the fastest-growing companies based on a three-year average. The list of mortgage solutions providers on the list was topped by Maxwell, a mortgage solutions platform designed for America’s local lenders, at No. 164. The company, […more]
The fate of Wells Fargo & Co.’s mortgage business has been the subject of industry speculation in the wake of a Bloomberg report indicating that the lending giant plans to shrink its enormous mortgage footprint, including a likely pull-back from the correspondent lending business. Shortly after that story went live, analysts at Keefe, Bruyette & Woods(KBW) published a report stating that […more]