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Loan mod scheme from 2009 finally gets settled at $4.6M

Housing Wire

According to the DOJ, from 2009 through 2015, Lindeman and his wife targeted Hispanic homeowners through Spanish-language advertising that promised to cut mortgage payments in half. Kourouklis ran a company called Summit Development Solutions USA, LLC , which provided mortgage modification services to clients of ALG.

Law 370
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Travis Kessler set to retire from Texas Realtors, Mike Barnett named as new CEO

Housing Wire

Kessler also directed the implementation of several professional development several including the eight-month Texas Realtors Leadership Program. Magel Award of Excellence in 2009. He boasts a track record of directing finances, planning and leadership development. Kessler also earned the William R.

Realtors 370
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Zillow CEO Jeremy Wacksman: ‘We do tech so you can do real estate’

Housing Wire

That got me here in 2009 and kept me ever since. On the flip side, we’ve spent billions of dollars over the last decade building and developing — or buying and integrating — software for real estate agents and teams. To kick off the episode, Wacksman discusses the importance of technology in real estate.

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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.” In Australia, reverse mortgages have been regulated since 2009. ” Partnership possibility?

Mortgage 304
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Report suggests HUD is considering use of cryptocurrency, agency denies any plans

Housing Wire

Department of Housing and Urban Development (HUD) is considering employing cryptocurrency and blockchain technology to monitor the employment of agency grants, which some staffers believe could be a trial run for wider deployment of the technology across the federal government. This is according to a report published Friday by ProPublica.

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HECM program study assesses policy impacts of recent years

Housing Wire

Department of Housing and Urban Development (HUD) Office of Policy Development and Research (PD&R) in 2022 aimed to assess the state of the Home Equity Conversion Mortgage (HECM) program over a 20-year period. A study commissioned by the U.S. Overview of findings The report was released to the public in November 2023.

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Review of MMI Fund’s reverse mortgage book sheds light on evolving HECM

Housing Wire

Total endorsements between fiscal years 2009 and 2023 were 863,102, a rough estimate of the total number of customers served by the HECM program since the early aftermath of the Great Recession. Loan amounts and HECM limits The actuarial report also detailed loan amount information and how these have changed since fiscal year 2009.

Mortgage 434