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LendingLife

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Better announces ‘Better Forever’ borrower loyalty program

February 5, 2025 by bp56691
The program is designed to reward customers by waiving origination fees on future refinance or purchase loans. Customers who previously funded a loan through Better on or after Jan. 1, 2019, are automatically enrolled in the program.
Categories Better.com, HWmember, Lenders, LendingLife, Mortgage, Origination, Purchase Applications, Refinancing, Vishal Garg

Lower CEO Dan Snyder explores acquisitions, technology and growth plans

January 20, 2025 by bp56691
Lower recently acquired Neat Labs to transform its in-house technology stack going into 2025. CEO Dan Snyder shares more details.
Categories LendingLife, Mergers and Acquisitions, Mortgage, Origination, Podcast, Podcasts, Technology

Mortgage applications for new homes are 9% higher than a year ago

January 17, 2025 by bp56691
Mortgage applications for new homes are 9% higher than a year ago
MBA builder application survey data for December highlighted 9% year-over-year growth in loan applications for new homes.
Categories FHA loan, Homebuilders, HWmember, LendingLife, Mortgage, Mortgage Bankers Association, New Home Sales, Origination, Purchase Applications, VA Loan

AFR’s Rob Pieklo explores the state of the 2025 wholesale mortgage market

January 12, 2025 by bp56691
In a new episode of 10 Minute Talks, HousingWire President Diego Sanchez sits down for an in-depth conversation with Rob Pieklo, president and chief operating officer of American Financial Resources (AFR).
Categories Lenders, LendingLife, Mortgage, Origination, Podcast, Podcasts, Rocket Mortgage, United Wholesale Mortgage, Wholesale Lending

Ally Financial closes mortgage origination business

January 8, 2025 by bp56691
Ally Financial announced Wednesday that it would exit the mortgage origination business as part of a broader strategy to pursue higher returns on investments.
Categories Ally Financial, Better.com, LendingLife, Mortgage, Mortgage and Housing Layoffs, Origination

MBA promotes Jamie Woodwell to lead its commercial, multifamily public policy efforts

January 6, 2025 by bp56691
MBA promotes Jamie Woodwell to lead its commercial, multifamily public policy efforts
The Mortgage Bankers Association (MBA) on Monday appointed Jamie Woodwell as its senior vice president of commercial/multifamily policy and strategic industry engagement.
Categories Commercial Real Estate, Jamie Woodwell, LendingLife, Mortgage, Mortgage Bankers Association, Multifamily, People Movers

Mortgage demand drops 22% during holidays as rates move higher

January 2, 2025 by bp56691
Mortgage demand drops 22% during holidays as rates move higher
Rising mortgage rates suppressed applications in the MBA’s final mortgage applications survey index of 2024, released on Thursday. Unsurprisingly, application volume dropped significantly even with a seasonal adjustment to account for the holidays.
Categories LendingLife, Mortgage Applications, Mortgage Bankers Association, Mortgage Rates, Origination, Purchase Applications, Refinancing

Loss-mitigation waterfalls face a murky future under Trump administration

December 26, 2024 by bp56691
Loss-mitigation waterfalls face a murky future under Trump administration
Servicers have a request for the incoming Trump administration — standardization and simplification of loss-mitigation frameworks.
Categories Covid-19, FHA, Forbearance, LendingLife, Loss Mitigation, Mortgage, Mortgage Servicing, Servicing, Trump Administration, U.S. Department of Veterans Affairs, USDA

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

December 23, 2024 by bp56691
The trigger leads bill has become a 2025 priority for the mortgage industry after failing to pass the House of Representatives last week, despite Senate approval.
Categories Community Home Lenders Association, Congress, House of Representatives, LendingLife, Mortgage, Mortgage Bankers Association, Origination, Senate

CFPB sues Rocket, The Jason Mitchell Group over RESPA violations

December 23, 2024 by bp56691
The CFPB is accusing Rocket Homes of orchestrating a kickback scheme to funnel business to its sister companies.
Categories Amrock, Consumer Financial Protection Bureau, Jason Mitchell Group, LendingLife, Mortgage, Origination, Real Estate Settlement Procedures Act, Regulatory, Rocket Mortgage
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