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The obstacles to a digital mortgage are changing – Here’s what lenders need to know June 28, 2022

HousingWire recently spoke with Armando Falcon, CEO of Falcon Capital Advisors, about the continued growth of digital mortgage solutions such as eClosings and what lenders can do to implement eMortgages into their business models. The post The obstacles to a digital mortgage are changing – Here’s what lenders need to know appeared first on HousingWire.

Eunice Garcia

As FGMC shuts down, lender partners question fate of loans in pipeline June 28, 2022

Lending partners of FGMC are frustrated. They say the company agreed to buy millions of dollars in mortgages, but has gone silent since laying off about 80% of its staff on Friday. The post As FGMC shuts down, lender partners question fate of loans in pipeline appeared first on HousingWire.

Flávia Furlan Nunes

Two more MSR deals valued in total at $2.5B hit the market June 28, 2022

The Prestwick Mortgage Group, an advisory and brokerage firm, has unveiled an offering for a $1.6 billion package of Fannie Mae, Freddie Mac and Ginnie Mae MSRs. The post Two more MSR deals valued in total at $2.5B hit the market appeared first on HousingWire.

Bill Conroy

Fix-and-flip lender Kiavi finalizes $218M private-label offering June 28, 2022

Kiavi, formerly LendingHome, recently closed a $218 million private-label securitization of unrated short-term mortgages — described as “residential transition loans” (RTLs) by the lender, which serves the fix-and-flip market. The post Fix-and-flip lender Kiavi finalizes $218M private-label offering appeared first on HousingWire.

Bill Conroy

How home-price growth has damaged the housing market June 28, 2022

It's never a good thing when you see vertical home-price growth. This either means a massive supply shortage or you had a credit boom. The post How home-price growth has damaged the housing market appeared first on HousingWire.

Sarah Wheeler

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