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Developing a lending strategy for rising mortgage rates

Housing Wire

In fact, the recovery from the COVID pandemic is in stark contrast to that of the 2008 Great Recession. For those that have focused on purchase lending, they will see less of a drop in total volume. The post Developing a lending strategy for rising mortgage rates appeared first on HousingWire.

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MAXEX hires Daniel Wallace as chief operating officer

Housing Wire

Wallace served as managing director at financial services firm Lehman Brothers before the company went bankrupt in 2008 following the nationwide financial crisis. Prior to Haven, Wallace served as the general manager of lending at Figure Technologies — a leading nonbank home equity line of credit lender — and as CEO of FirstKey Mortgage.

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How JVM Lending plans to expand without any loan originators

Housing Wire

California-based retail lender JVM Lending plans to drum up business this year — but by doing the exact opposite. After the 2008 mortgage meltdown, JVM let go of all its loan originators and trained its employees to target the jumbo loan market in the San Francisco Bay area instead.

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What happens when borrowers have more control of the lending process?

Housing Wire

Yet borrowers have had limited agency in the lending process to date. FormFree, the ATP fintech led by HousingWire Tech Trendsetter Brent Chandler , is launching a blockchain-based exchange for consumers to take control of the lending process. The smart contract presents the borrower’s lending request to the exchange.

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Expert Insights: Differentiating Yourself From the Competition

Appraisal Buzz

Michael Gevurtz, CEO and Founder, Bluebird Lending This article originally appeared in the February 2025 edition of MortgagePoint magazine, online now. He is experienced in all aspects of real estate ownership, including acquisitions, financing, development, construction management, leasing, and property management.

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Could American reverse mortgage companies someday partner with one from Australia?

Housing Wire

Department of Housing and Urban Development (HUD). Also, meeting system providers like HECM Toolbox who have developed specific products to improve the reverse mortgage market was great.” Now they are heavily regulated and the market is working to rebuild trust post the 2008 financial crash, with improved regulation, they said.

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CFPB warns consumers about home equity contracts, comparing their features to reverse mortgages

Housing Wire

But the bureau added that many of the touted features of home equity contracts are risky, with the CFPB comparing them to loan features that were prominent in the run-up to the 2008 housing crisis. Department of Housing and Urban Development (HUD)-certified housing counseling agency prior to the loans origination.

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