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The Women of Influence Forum workshop: Learn how to create more seats at the table August 12, 2022
We know there's no perfect 12-step plan to landing your dream life and career — wouldn't that be nice. But, we hope this workshop at the Women of Influence Forum at least gives you a collaborative and supportive community of women who are dedicated to moving the housing industry forward. The post The Women of […]
Mounting losses force loanDepot to amend loan agreements August 11, 2022
On the heels of a $223M loss in Q2, loanDepot reported that it has been forced to amend or obtain waivers of “profitability related to financial covenants” for certain of its warehouse lines of credit. The post Mounting losses force loanDepot to amend loan agreements appeared first on HousingWire.
Redwood Trust, Angel Oak Mortgage awash in red ink in Q2 August 11, 2022
The common theme in the earnings results for both REITs is the impact of fast rising interest rates and general rate volatility on their residential mortgage holdings and operations. The post Redwood Trust, Angel Oak Mortgage awash in red ink in Q2 appeared first on HousingWire.
Homepoint takes $44M loss in Q2 amid price war August 11, 2022
"We're not afraid to get smaller as an organization," Homepoint's Willie Newman told analysts after reporting a $44 million loss in the second quarter. The post Homepoint takes $44M loss in Q2 amid price war appeared first on HousingWire.
FHFA: GSE servicers must keep fair lending data August 11, 2022
In a move the FHFA said will bolster sustainability and equity, servicers for federally backed loans will obtain and maintain fair lending data. The post FHFA: GSE servicers must keep fair lending data appeared first on HousingWire.
Truework, a fintech that provides income and employment verification, raises $50M August 11, 2022
Truework raised $50 million in Series C funding to develop products that will advance digitizing the verification process for banks and lenders. The post Truework, a fintech that provides income and employment verification, raises $50M appeared first on HousingWire.
Purchase mortgage rates are back above 5% August 11, 2022
The 30-year fixed-rate mortgage increased this week to average 5.22%, up from last week’s 4.99%. A year ago this time, rates averaged 2.77%. The post Purchase mortgage rates are back above 5% appeared first on HousingWire.
Is housing inventory growth really slowing down? August 11, 2022
The problem with new listings declining now is what will happen if mortgage rates make a solid push lower. The post Is housing inventory growth really slowing down? appeared first on HousingWire.
Tom Ferry and Gino Blefari take the stage at the Vanguard Forum Oct. 4 August 10, 2022
Tom Ferry, CEO of Tom Ferry International, and Gino Blefari, CEO of HomeServices of America, will speak at the exclusive Vanguard Forum during HW Annual Oct. 4. The post Tom Ferry and Gino Blefari take the stage at the Vanguard Forum Oct. 4 appeared first on HousingWire.
Lone Peak Lending joins Panorama Mortgage Group August 10, 2022
Nonbank lender Panorama Mortgage Group has added Texas-based Lone Peak Lending to its growing stable of brands. The post Lone Peak Lending joins Panorama Mortgage Group appeared first on HousingWire.

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