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Author name: Ricky Vasquez

HUD urges states to cut fees, simplify codes and fast-track permits 

homebuilder, Homebuilders, Housing Policy, HUD, HWmember, Policy, The Builder's Daily /

On Wednesday, the U.S. Department of Housing and Urban Development (HUD) released a detailed deregulation roadmap aimed at state and local governments that, it argues, could lower per-unit costs and shorten cycle times for homebuilders. HUD’s new “State and Local Best Practices for Home Construction” report offers a set of recommended policy changes that target […]

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Land leases, ARM buydowns emerge as lending options while mortgage rates stay elevated

Adjustable-Rate Mortgage, Bank of America, Buydown, Freedom Mortgage, Guild Mortgage, HWmember, JPMorgan Chase, LendingLife, Mortgage, Mortgage Bankers Association, Origination /

Mortgage lenders are getting creative to combat the housing affordability crisis fueled by rising interest rates, rolling out novel products and blending existing options to keep borrowers in the market. Bayview Asset Management — which closed its acquisition of Guild Mortgage in November — rolled out a new program on Monday. Partnering with real estate

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“Humans over houses”: Charis Moreno on why industry noise shouldn’t distract agents from what matters

Awards, HW Women of Influence /

As part of HousingWire’s Editor’s Choice awards spotlight series, we’re spotlighting past Women of Influence honorees whose careers, leadership and insights continue to influence the industry. This series offers a closer look at the experiences and decisions that have shaped their paths. HousingWire spoke with Charis Moreno, Chief Revenue Officer at NextHome, about leadership, industry change and staying

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ROAD wins House nod, carving BTR out from institutional investor ban

Affordable housing, build-for-rent, House of Representatives, Housing Policy, HWmember, Policy, Residential Real Estate, The Builder's Daily, U.S. House of Representatives /

The build-to-rent (BTR) industry, which has been under siege from legislative uncertainty since March, just got a modicum of welcome news.  On Wednesday, the U.S. House of Representatives passed an amended version of the U.S. Senate’s 21st Century ROAD to Housing Act by a margin of 396 to 13 that removed the proposed seven-year selloff

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Lenders wrestle with the nuances of modern credit score pricing

Credit Score, FICO, Guild Mortgage, HWmember, LendingLife, Mortgage, Mortgage Bankers Association, NewRez, Origination, VantageScore /

Mortgage lenders are currently wrestling with a high-stakes puzzle: how to accurately compare the new credit score models hitting the market. The differences are significant and carry major implications for risk assessment, loan pricing and secondary market returns. In late April, the Federal Housing Finance Agency (FHFA) rolled out a program allowing the exclusive use

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The return of ‘legacy gold’: CENTURY 21 Real Estate embraces its iconic past while betting on Compass tech

Anywhere, Brokerage, Century 21, Compass, HWmember, Mergers and Acquisitions, Real Estate /

For decades, the iconic gold blazer was synonymous with the CENTURY 21 Real Estate brand. From appearances in television shows like Gilmore Girls to movies like WarGames and the 1984 Ghostbusters film, the gold blazer was a hallmark of the real estate industry and a marketing calling card for real life CENTURY 21 agents, helping

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Illinois creates regulatory framework for home equity investments

Consumer Protection, Home Equity, HWmember, Illinois, Mortgage, Regulatory Compliance, Reverse /

Regulators in Illinois have approved what a group of home equity investment (HEI) providers calls the most comprehensive state regulatory framework to date for shared equity products, a fast-growing alternative to traditional home equity loans and reverse mortgages. The rule was adopted under the Illinois Department of Financial and Professional Regulation (IDFPR)’s mortgage licensing regulations.

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MortgageOne TPO integrates with ARIVE, launches Pathway CDFI

HWmember, LOS, Mortgage, Mortgage Broker, Origination, Wholesale Lending /

MortgageOne TPO, a wholesale mortgage lender and Department of the Treasury-certified Community Development Financial Institution (CDFI), has integrated with the ARIVE platform and launched Pathway, a flagship CDFI loan program aimed at borrowers underserved by traditional mortgage guidelines, the company announced. The dual rollout is being led by MortgageOne TPO managing directors Rich Phillips and

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House passes their version of housing legislation, 396 to 13

Community banking, Deposits, Housing, Politics and policy, Regulation and compliance /

Key insight: A retooled version of housing legislation passed the lower chamber by a wide bipartisan margin, including with active support from many Democrats for community bank measures.  What’s at stake: As the bill goes back to the Senate, institutional investor and community bank measures are still in play.  Forward look: The Senate can choose

House passes their version of housing legislation, 396 to 13 Read More »