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Partnerships

Lender Price integrates FOA’s reverse products into marketplace

Finance of America, HECM, HWmember, LendingLife, Partnerships, Reverse, Reverse Mortgage Daily, Technology /

California-based Lender Price has added its first reverse mortgage partner to its pricing and product eligibility (PPE) platform through an agreement with Finance of America (FOA). Lender Price Marketplace will provide brokers and lenders with live pricing for FOA’s Home Equity Conversion Mortgage (HECM) and HomeSafe proprietary reverse mortgage products. FOA — the second-largest HECM […]

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PHH Mortgage will halt reverse originations, sell MSRs to Finance of America

Finance of America, HWmember, Liberty Reverse Mortgage, MSRs, Onity Group, Partnerships, PHH Mortgage Corp, Reverse, Reverse Mortgage Daily /

Onity Group — the parent company of PHH Mortgage Corp. and its reverse mortgage arm, Liberty Reverse Mortgage — announced on Tuesday that the company has entered into a “strategic relationship” with Finance of America (FOA) to sell $9.6 billion in mortgage servicing rights (MSRs), among other agreements. A press release said that PHH/Liberty will

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Robinhood partners with Sage Home Loans for exclusive offer

Homeownership, HWmember, Lenders, Mortgage, Mortgage Rates, Origination, Partnerships, Refinancing /

Financial services platform Robinhood and Sage Home Loans announced an exclusive offer on Monday, allowing Robinhood Gold subscribers to access mortgage rates at least 0.75% below the national average, along with a $500 credit toward closing costs on a new home purchase or refinance through Sage Home Loans. Gold subscribers are described as a subscription-based

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Collov AI, Side partner on virtual staging tools for agents

Artificial Intelligence, Brokerage, Collov AI, HWmember, Marketing, Partnerships, Real Estate, Side Real Estate, Technology /

Collov AI, an artificial intelligence (AI) platform for home design, announced a partnership with Side, a white-label real estate brokerage platform. The move expands access to Collov AI’s staging and visualization tools for Side’s network of more than 500 boutique real estate companies — with tools available through the Side Marketplace and its agent community

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Xactus announces partnerships for income, employment verification efforts

HWmember, Income verification, Mortgage, Origination, Partnerships, Plaid, Technology, Xactus /

Xactus, a fintech company specializing in mortgage verification solutions, has announced three new integrations designed to enhance its Intelligent Verification Platform, Xactus360. The partnerships with Thomas & Co., Argyle and Plaid aim to expand lender access to real-time income, employment and asset data through a unified system. The integration of Peek Verify from Thomas &

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Lower inks marketing deal with HomeSmart

Brokerage, HomeSmart International, HWmember, Lenders, LendingLife, Marketing, Mortgage, Origination, Partnerships /

Multichannel mortgage lender Lower has entered into a marketing agreement with real estate brokerage HomeSmart, giving the firm’s nationwide agent network access to Lower’s mortgage solutions. The announcement comes amid a growing wave of partnerships between lenders and brokerages, including Rocket Companies’ $1.75 billion all-stock acquisition of Redfin that closed in July. Earlier this year, Lower

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West Capital Lending partners with Mortgage Connections

HWmember, Michigan, Mortgage, Partnerships /

West Capital Lending said on Thursday that it has entered into a strategic partnership with Mortgage Connections, a Michigan-based mortgage brokerage. Mortgage Connections, founded by Ali Younes & Joe Dakroub Esq., has closed more than 843 transactions and $239 million in funded loan volume over the last 14 months, according to data from MMI. The

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Stellar MLS, Miami Realtors sign reciprocal access agreement

Bright MLS, Florida, HWmember, MLS, MLS/Associations, Partnerships, Real Estate /

Stellar MLS, the largest MLS in Florida, and the Miami Association of Realtors, the nation’s largest local Realtor association, have entered into a reciprocal access agreement, the groups announced Friday.  Stellar MLS currently serves about 30% of Florida’s land area across 18 counties and Puerto Rico. With this agreement, Stellar MLS members will now have

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Detroit’s new 40% down payment assistance program

Detroit, Down Payment Assistance, Guild Mortgage, Home Equity, HWmember, Michigan, Mortgage, Partnerships /

The Michigan State Housing Development Authority (MSHDA) announced on Thursday that it is partnering with the Tobias Harris Homeownership Initiative, Guild Mortgage and Homium on a pilot shared-appreciation mortgage program aimed at expanding access to homeownership in Detroit. The effort is backed by Detroit Pistons basketball player Tobias Harris. The mortgage product will provide qualified

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Pacaso launches 30-year mortgage for vacation home co-ownership

Homeownership, HWmember, Mortgage, Origination, Pacaso, Partnerships, Texas Capital Bank /

Pacaso on Tuesday announced the launch of the first purpose-built, 30-year mortgage designed for co-ownership of vacation homes in the U.S. The new financing option gives qualified buyers and existing Pacaso owners a standardized way to finance their share of a second home, with a simplified closing process. The product is backed by a $100

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