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2021 MMI Report: Reverse mortgage portfolio hits positive territory for first time since 2015

Housing Wire

The financial performance of the HECM portfolio has improved in each of the last three years and is now positive for the first time since FY 2015,” FHA’s Annual Report to Congress reads. This is a developing story and will be updated when additional information becomes available. housing market has seen recently.

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MBA hires Astrid Vermeer as chief financial officer

Housing Wire

I am driven to develop organizational cultures focused on customer service, competences, and skills. She will also guide MBA’s long-term investment strategies, some of which include technology ; diversity, equity and inclusion (DEI) initiatives; and workforce development. “I

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Developing a lending strategy for rising mortgage rates

Housing Wire

The gen­er­a­tion made up 38% of home buy­ers in the year that ended July 2019, up from 32% in 2015, ac­cord­ing to the Na­tional As­so­ci­a­tion of Re­al­tors. ”. The post Developing a lending strategy for rising mortgage rates appeared first on HousingWire. To contact the author of this story: Dave Stevens at dave@davidhstevens.com.

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Michigan ERA franchise acquires another independent firm

Housing Wire

GAP Realty Group was founded in 2015 by Alex Pandoff and has 50 agents. This exciting development will allow us to provide an even higher level of service to our clients.” The financial terms of the deal were not disclosed. The combined firm will do business as ERA Prime Real Estate Group.

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BHGRE network expands presence in Washington state

Housing Wire

The firm was founded in 2015 by Steve and Jessica Poulos, and it affiliated with BHGRE in 2021. We knew that there was a great fit and that we could really help Shawn and his team grow by complementing Shawn’s proven lead generation systems with the brand’s resources and our commitment to professional development.”

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Zillow Group Promotes New COO

Appraisal Buzz

Choo joined Zillow Group in 2015 through the company’s acquisition of Trulia, and has more than two decades of leadership and go-to-market experience in the real estate tech space. He has held leadership and strategy roles throughout sales, marketing, and software over the last decade at Zillow. With more than two-thirds of U.S.

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CMG’s reverse division adds Kari Van Kleef as ops manager

Housing Wire

and Movement Mortgage , has been in the broader mortgage business for about 26 years and began focusing specifically on reverse in 2015. CMG has already proven that we’re committed to developing the Reverse space, as proven by our growth and addition of industry veterans like Kari.”