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  • UWM announces Bolt underwriting system for brokers September 25, 2021
    In a keynote session about the future of mortgage, UWM CEO Mat Ishbia previewed Bolt, an underwriting system that he said would enable brokers to underwrite a loan in 15 minutes or less, which will go live on Monday, Sept. 27. The post UWM announces Bolt underwriting system for brokers appeared first on HousingWire.
    Sarah Wheeler
  • New home sales rise for second consecutive month September 24, 2021
    Regionally, on a year-to-date basis, new home sales fell 1.0% in the Northeast and 2.3% in the West, but rose 4.4% in the Midwest and 4.5% in the South. The post New home sales rise for second consecutive month appeared first on HousingWire.
    Brooklee Han
  • How one lender is solving problems in the fix-and-flip space September 24, 2021
    Acra Lending is looking to make fix & flip lending simpler and more efficient for borrowers, lenders and brokers. The company has created a new vertical of loans and an entirely new LOS designed just for borrowers looking to purchase a home and renovate it to put back on the market. The post How one […]
    Jessica Davis
  • Dems propose 20-year mortgage for first-gen homebuyers September 24, 2021
    The latest bill designed to spur first-time homeownership proposes creating a new 20-year-fixed-rate mortgage program through Ginnie Mae. The post Dems propose 20-year mortgage for first-gen homebuyers appeared first on HousingWire.
    Maria Volkova
  • Supply of new homes shows a stabilizing housing market September 24, 2021
    For me in 2021, finding a good base for home sales data to work from was always going to be key because what happened toward the second half of 2020 in housing data was a once-in-a-lifetime event and people might have had a wrong impression on where sales were trending. HW+ Premium Content. The post […]
    Sarah Wheeler
  • FHFA extends multifamily forbearance indefinitely September 24, 2021
    Forbearance options for multifamily mortgages backed by the GSEs were set to expire on Sept. 30, but the FHFA has extended indefinitely. The post FHFA extends multifamily forbearance indefinitely appeared first on HousingWire.
    Flávia Furlan Nunes
  • NAR launches new benefits program September 24, 2021
    NAR's new benefits program – which includes consultations and professional development opportunities – targets small brokerages with just a single office The post NAR launches new benefits program appeared first on HousingWire.
    RealTrends
  • 2021 Tech Trendsetters nominations are closing soon! September 24, 2021
    Time is almost up to nominate a 2021 Tech Trendsetter! Each year, HousingWire selects 50 of the most impactful and innovative technology leaders serving the housing economy. The post 2021 Tech Trendsetters nominations are closing soon! appeared first on HousingWire.
    HousingWire Staff
  • Financial document automation platform Ocrolus raises $80M September 24, 2021
    Ocrolus, a New York-based startup offering document processing automation for fintechs and banks, announced raising a $80 million Series C led by Fin VC, according to a press release. The post Financial document automation platform Ocrolus raises $80M appeared first on HousingWire.
    Joe Burns
  • Alex Kutsishin to speak at HW Annual Sept. 27-28 September 24, 2021
    Alex Kutsishin, CEO and co-founder of Sales Boomerang, will join HW Annual to discuss the easiest ways to keep borrowers on your radar, and in your pipeline. The post Alex Kutsishin to speak at HW Annual Sept. 27-28 appeared first on HousingWire.
    Lesley Collins