This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Robert Gordon, a senior vice president at the American Property Casualty Insurance Association , told the Journal that mortgage lenders need to be more involved in these processes. But the dynamics are evolving, and the fallout from storms like Helene and Milton are playing havoc with the intersection between mortgage and insurance.
Finance of America (FOA), the leading reverse mortgage lender, presented a robust outlook last week in its third-quarter 2024 earnings and is aiming to hit the ground running with business in 2025. The product was first introduced in 2018, marking the industry’s first-ever second-lien reverse mortgage option.
A group of current and former real estate executives have launched The Helm, a coaching platform designed to provide professional development to a more diverse audience. eXp Realty is also facing lawsuits from women who claim that recruiters Michael Bjorkman and David Golden drugged and raped them at company events.
The mortgage servicing landscape has long been a crucible of change, where today’s decisions lay the groundwork for the industry’s future. Formed in 2023, the MSEA is a platform for nurturing the next generation of mortgage leaders. Here’s what our panel of mortgage servicing executives had to share.
HousingWire’s fourth-annual Engage Marketing event will feature experts focused on the specifics of mortgage and real estate in a purchase market. The MBA is estimating record purchase volume for the rest of this year, but climbing mortgage rates and low inventory mean it won’t be easy to capture your share of business.
If a condo is on this list, its significantly harder for prospective buyers to get a mortgage, making it nearly impossible to sell. Many condos are being added to a “blacklist” by Fannie Mae due to the properties not having enough insurance or needing major repairs. Some lenders and insurers have abandoned markets altogether.
In today’s economy, mortgage rates and housing expenses have consistently risen. However, homeowners have a unique advantage with home equity products—designed to let residents tap into their home’s equity for cash. Mortgage professionals must keep up with the new demand for home equity products in the new market.
The Alliance of Comprehensive Planners (ACP), a trade association for financial planners, will be holding its annual conference this October in Savannah, Georgia, and the event will feature two of the nation’s leading reverse mortgage lenders as key sponsors. Longbridge was No. 3 with 2,972 endorsements during the same period.
Jessica Lautz, deputy chief economist and vice president of research at the National Association of Realtors and upcoming speaker at the Housing Economic Summit, sat down with HousingWires Senior Director of Events Brena Nath to answer a few questions on what she thinks is to come for real estate in 2025.
Richelle Hopkins of Mutual of Omaha Mortgage has been a reverse mortgage professional for 20 years, moving to Arizona in 2006. At a recent WIFS Phoenix event, Hopkins was able to bring a discussion about reverse mortgages to attendees and sat down with HousingWire ’s Reverse Mortgage Daily (RMD) to share details about the experience.
Late last month, Ginnie Mae released a term sheet for one of the most anticipated new developments for the reverse mortgage industry — a new Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) product referred to as “ HMBS 2.0.” To get a better idea of the potential impact that HMBS 2.0
Not only was HW Annual designed to bring you the latest insights on how to navigate today’s fast-changing market, but also, it was created with community and collaboration in mind. Hear from today’s top leaders and enjoy networking events with like-minded professionals. Register 3 or more of your team members to save up to $900!
Some popular real estate newsletter content includes: Market updates Featured listings Industry news Local news Community events Agent profiles Investment opportunities No matter what content you choose to include, your real estate newsletter should serve as a meaningful touchpoint that continuously builds your client relationships.
The mortgage industry has traditionally been dominated by men, and although we have made laudable progress, women in our space still face challenges in terms of pay equity, bias, and advancement. Women do hold a dominant percentage of Mortgage Processor positions, at 78%, and 56% of marketing positions.
An historic home in Chicago ’s Austin neighborhood designed by architect Frank Lloyd Wright in 1903 is in serious need of repairs and renovations, but an existing reverse mortgage loan is complicating the process of initiating the work. The home, designed by Lloyd Wright for real estate developer Joseph Jacob (JJ) Walser Jr.,
Fairway Independent Mortgage Corporation announced on Tuesday a series of reverse mortgage maneuvers designed to increase the company’s investment in the space. The division’s leadership team will now also include Dan Ventura, who has served at Fairway since 2007 and last year was appointed as VP of reverse mortgage operations.
University Bank ’s reverse mortgage division has added four key hires across different disciplines as it prepares to grow further in the reverse mortgage space. Both Droge and Olmos come to University Bank from Open Mortgage , which shuttered its own top 10 reverse mortgage lending division late last year.
Mortgage professionals have their own stories to tell, their own goals to reach and their own set of skills to share. That’s why we’ve invited vice president of regional production at loanDepot Brian Covey to speak on a panel titled Building a Personal Brand at HousingWire’s virtual Engage Marketing event on June 17.
At this year’s Five Star Conference 2024 , the Mortgage Servicing Forum will bring together experts from the loss mitigation and compliance space to discuss the impact this market will experience in an uncertain election year. The Mortgage Servicing Forum , set for Wednesday, September 25 from 1:30 p.m.-5:00
HomeEquity Bank , Canada’s leading reverse mortgage lender and a federally regulated bank, recently announced the hiring of former Canadian Broadcasting Corporation (CBC) news anchor Peter Mansbridge to serve as its strategic communications consultant. industry practitioners at an industry event in late 2019.
Fitch Ratings reported this week that recent natural disasters that have damaged thousands of homes and businesses including the Southern California wildfires and hurricanes Milton and Helene in the Southeast are not expected to heavily impact paid claims experience or credit ratings for mortgage insurers.
It’s been a pretty normal spring season so far, but if mortgage rates keep ticking up, that’s an x-factor in changing the feel of the market. This post is designed to skim by topic or digest slowly. Today, I have a big market update.
senator recently described a hardship faced by a constituent who endured challenges with higher flood insurance costs while keeping a reverse mortgage in good standing. And Cassidy shared another story of a constituent with a reverse mortgage on his home. With flood insurance premiums commanding ever-higher prices, a U.S.
Courtney Graham, Princeton Mortgage CMO, will speak at HousingWire’s annual engage.marketing on June 17. Graham will join Bill Dallas , president of Finance of America Mortgage , on a panel entitled Winning in a Red-Hot Purchase Market. The event will feature a keynote by renowned speaker coach René Rodriguez.
Renowned speaker coach René Rodriguez will headline HousingWire’s virtual Engage Marketing event on June 17. Rodriguez, CEO of Volentum and creator of the AMPLIFII Influencer events, has researched and applied behavioral neuroscience for the last 20 years as a speaker, leadership advisor and sales expert. Not a member?
As the economic recovery from COVID-19 continues, conflicting trends in mortgage credit availability have emerged. The Federal Reserve Bank of New York reports that the number of mortgages reached its highest level to date in 2020, with $1.2 trillion in new home loans in the fourth quarter of 2020 alone. this June. .
While some believe the “American Dream” is still attainable in today’s market, new Point2 data showed that a growing number of prospective homebuyers do not see themselves as homeowners, citing a combination of factors such as mortgage rates, availability, and growing home prices. To some, it would make sense that a growing number of U.S.
Assessing key performance indicators and operations during current industry headwinds is a great way for mortgage lenders to set themselves up for success now and in the future. The LOS should serve as the central hub of the tech stack, allowing lenders to orchestrate their entire business from a single system of record.
Bill Dallas , president of Finance of America Mortgage , will speak at engage.marketing on the panel: Winning in a red-hot purchase market. Dallas is a mortgage industry veteran, building two mortgage companies from the ground up: First Franklin and Ownit Mortgage Solutions , starting in 1981. Not a member?
But by 1986, inflation was defeated (1.9%), mortgage rates fell to 10%, and the Beastie Boys released License to Ill. Via climactic event (pandemic), significant policy misstep (transitory inflation), and irresponsible deficit spending, todays Federal Reserve finds itself in tough call territory. The time has come to deal with them.
The Tunnel to Towers Foundation , in honor of Independence Day, has announced that it has delivered 35 mortgage-free homes to fallen first responder families nationwide. Tunnel to Towers paid off the mortgage on his family’s Long Island home. “I
That information is still critical this year, that’s why we’ve invited Doug Duncan , senior vice president and chief economist at Fannie Mae , to speak at HousingWire’s virtual Engage Marketing event on June 17. At Fannie Mae, Duncan is responsible for forecasts and analyses of the economy and the housing and mortgage markets.
That’s why we’ve invited Scott Betley , a loan officer for NFM Lending , to discuss how companies and personal brands can leverage the user-friendly app to educate potential homebuyers, promote their services and even gain new customers in the new TikTok era at our engage.marketing event on June 17. Not a member?
This is a topic Mohtashami is an expert on — the data analyst and financial writer has been an invited speaker at events held by AmeriCatlyst, the California Association Of Realtors and the National Association Of Women In Real Estate Business , as well as other economic conferences.
Burns will join Jake Fehling, vice president of marketing at Movement Mortgage , to discuss how lenders can welcome new customers, clients and colleagues as they expand their reach. The challenges of helping consumers become homeowners in this housing market is why we’ve designed engage.marketing around “All Eyes on Purchase.”
Kutsishin will outline a borrower retention game plan designed to ensure every borrower has the right loan, right now. The summit also features sessions on mortgage disruption, lessons from local markets and more. Sign up for HW+ membership and register for the summit here , or get event-only access for your company or team here.
Talk to any mortgage technologist about the future of the industry and two topics will emerge immediately: big data and smarter automation. Joe Camerieri, EVP Mortgage Cadence. Today, while the mortgage industry has the technology to support this, we’re still in the early stages of determining how it should be used.
A proprietary reverse mortgage from Finance of America Companies (FOA) now secures the home of Rhode Island ’s honorary historian laureate after the property was returned to the owner after attempts to bequeath it to a nonprofit historical society he founded. This is according to reporting from The Providence Journal.
Bank Home Mortgage , will speak on a panel titled What Mortgage Tech is Solving Now at HousingWire’s Spring Summit on March 4. Bolstad will be joined on the panel by Dave Vermillion , founder and CEO of Mortgage Champions , and Lisa Patterson, chief originations officer at Homepoint. The post U.S.
The Five Star Conference is more than a conference; it is a community of like-minded professionals working towards the common goal of building a stronger mortgage industry. For 22 years, the Five Star Conference has been a trusted hub for like-minded professionals who share a common goal of advancing the mortgage industry.
In the ever-evolving landscape of mortgage banking, executives face the critical challenge of leading their teams through turbulent times. The narrative gap Mortgage banking executives are tasked with bridging a significant narrative gap. Click Here Rene Rodriguez is a best-selling author, keynote speaker, and the CEO of Volentum.
Freddie Mac will launch a new fee-based repurchase alternative pilot program for performing loans in 2024, designed to improve the quality of performing loans through a potential replacement of its current repurchase policy for defective performing loans.
Once notified of an incident, representatives from HUD will contact the designated representative from the institution reporting the incident to determine the appropriate mitigation steps based on the nature of the incident,” the announcement added. but lenders must follow the guidance immediately. billion in 2023.
Figure Technologies CEO and co-founder Mike Cagney will be speaking on mortgage disruption and the outlook for 2021 at HousingWire’s Spring Summit on March 4. At the Spring Summit, Cagney will discuss blockchain, where automation could be most disruptive (in good and bad ways) and the big consumer players adopting mortgage in a serious way.
We organize all of the trending information in your field so you don't have to. Join 9,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content