Apply Online
Schedule a Call

Mortgage

JAUST launches automated jumbo mortgage underwriting platform

credit report, Due Diligence, HWmember, Jumbo Mortgage, Mortgage, SAAS, Technology, Underwriting /

JAUST, an automated underwriting system (AUS) built specifically for jumbo mortgage originations, has launched with a cloud-native platform that aims to help lenders cut underwriting costs and accelerate decision times, the company announced Tuesday. The platform is designed for portfolio lenders and mortgage banks that manage dozens of jumbo investors and complex overlays. “The mortgage […]

JAUST launches automated jumbo mortgage underwriting platform Read More »

Reducing risk: Why logging, protection, and review matter

Contributors, HWmember, Mortgage, Opinion, Real Estate, Technology, Title /

In real estate, title insurance, and mortgage lending, transactions depend on technology operating accurately and securely behind the scenes. Every login, file access, system change, and integration generates activity that can either support business continuity or signal potential risk. One of the most overlooked yet powerful cybersecurity safeguards is maintaining and reviewing application logs. These

Reducing risk: Why logging, protection, and review matter Read More »

Two Harbors postpones vote on UWM merger after quorum miss

HWmember, LendingLife, Mergers and Acquisitions, Mortgage, Origination, Two Harbors Investment Corp., United Wholesale Mortgage /

A special Two Harbors Investment Corp. (TWO) shareholder meeting to vote on its proposed acquisition by United Holding Corp., the parent of United Wholesale Mortgage (UWM), lacked a quorum Monday morning, forcing the company to reschedule the vote for March 24. “The TWO board of directors determined, and continues to believe, that the proposed transaction

Two Harbors postpones vote on UWM merger after quorum miss Read More »

Judge rejects bid to cut CFPB funding

California, CFPB, Compliance, Donald Trump, HWmember, Legal, Mortgage, Real Estate, Regulatory Compliance, Trump administration /

A federal judge has ruled that the Consumer Financial Protection Bureau (CFPB) must continue getting its funding from the Federal Reserve, dealing a setback to Trump administration efforts to effectively shut down the agency. The ruling Friday by U.S. District Judge Edward Davila in San Jose blocks acting CFPB Director Russell Vought from using a

Judge rejects bid to cut CFPB funding Read More »

Trump executive orders target housing supply and mortgage credit

CFPB, Donald Trump, FHFA, Housing Market, HUD, HWmember, Mortgage, Regulatory, Trump administration /

President Donald Trump on Friday announced two executive orders that aim to increase the U.S. housing supply and consumer access to mortgage credit. One of the orders directs various federal agencies — including the U.S. Department of Housing and Urban Development (HUD) and the Federal Housing Finance Agency (FHFA) — to work together on reviewing

Trump executive orders target housing supply and mortgage credit Read More »

Opendoor’s cheap mortgage rates spark sustainability debate

Affordability, Home Prices, HWmember, LendingLife, Mortgage, Mortgage Rates, Opendoor, Origination /

iBuyer Opendoor’s recently launched mortgage product — which promises below-market interest rates after the company removed its markup — has sparked debate across the industry about who absorbs the cost and whether the model is sustainable. Some industry professionals view the offering as similar to the strategy many homebuilders use — providing below-market mortgage rates

Opendoor’s cheap mortgage rates spark sustainability debate Read More »

NFM Lending adds South Carolina producer Phil Crescenzo Jr.

HWmember, Lenders, LendingLife, Loan Officer, Mortgage, Origination, People Movers, South Carolina, Team Leaders /

Phil Crescenzo Jr., a high-producing loan officer in South Carolina, is joining NFM Lending. The move was announced Friday on social media by NFM managing director Greg Sher. Crescenzo comes to NFM after a two-year stint as Southeast division manager for Nation One Mortgage Corp. His prior experience also includes roles as a producing branch

NFM Lending adds South Carolina producer Phil Crescenzo Jr. Read More »

New Jersey proposal could reduce senior property tax relief

Affordability, Aging in Place, Gen X, Mortgage, New Jersey, Property Tax, Reverse, Reverse Mortgage Daily /

New Jersey homeowners could see smaller property tax relief benefits under a budget proposal unveiled Tuesday by Gov. Mikie Sherrill, as the state confronts fiscal pressures and persistently high costs of living. In her first budget address since taking office, Sherrill proposed tightening eligibility and lowering the maximum payout for the state’s Stay NJ program

New Jersey proposal could reduce senior property tax relief Read More »

Mortgage trade groups urge VA to revise elements of proposed partial claim rules

Community Home Lenders of America, HWmember, Loss Mitigation, Mortgage, Mortgage Bankers Association, Mortgage Servicing, Regulatory, Servicing, U.S. Department of Veterans Affairs, VA Loan, Veterans /

The Mortgage Bankers Association (MBA) urged the U.S. Department of Veterans Affairs (VA) to revise elements of its proposed partial claim and loss-mitigation policies for VA-backed mortgages, arguing that the draft rules could leave veteran borrowers at a disadvantage compared to others. In a comment letter submitted Wednesday and addressed to Patrick Zondervan, executive director

Mortgage trade groups urge VA to revise elements of proposed partial claim rules Read More »

Senate passes 21st Century ROAD to Housing Act

Affordability, Community Home Lenders of America, Housing Market, HWmember, Legislation, Mortgage, Mortgage Bankers Association, National Association of Realtors, National Housing Conference, Real Estate, Senate /

The Senate overwhelmingly passed the 21st Century ROAD to Housing Act in an 89–10 vote on Thursday, advancing a sweeping bipartisan bill aimed at boosting housing supply and addressing affordability challenges nationwide. But consumer advocates and trade groups are still pushing for changes to several provisions. Congress has not passed such a comprehensive housing package

Senate passes 21st Century ROAD to Housing Act Read More »