The Federal Housing Finance Agency (FHFA) announced on Wednesday it has changed its proposal to amend the Suspended Counterparty Program (SCP), offering a less severe version after several trade groups raised concerns... Read more »
UWM, however, brings in people with no prior mortgage experience and provides extensive in-house training, according to chief strategy officer Alex Elezaj. This strategy requires careful planning, as hires are made months... Read more »
The HousingWire award spotlight series highlights the individuals and organizations that have been recognized through our Editors’ Choice Awards. Nominations for HousingWire’s 2024 Tech Trendsetters award are open now through Monday, Sept. 30. Click here to... Read more »
The National Reverse Mortgage Lenders Association (NRMLA), the reverse mortgage industry’s leading trade association, is preparing to host its 2024 Annual Meeting and Expo on Sept. 24-26 in San Diego. The event... Read more »
ICE Mortgage Technology will be sunsetting legacy integrations for its flagship Encompass platform by Oct. 31, 2025, which will modernize the mortgage market even if some vendors have to go kicking and... Read more »
Earlier this week, the U.S. Department of Housing and Urban Development (HUD) announced that it would be bringing back its Innovative Housing Showcase event to the National Mall in Washington, D.C., on... Read more »
The owner of the property at 6601 Sunset Blvd., Los Angeles investor and developer Maggie Miracle, has doubled down on an earlier $500-million proposal for the site near Gower Street with a... Read more »
Reverse mortgage industry veteran Tane Cabe recently left his position at Fairway Independent Mortgage Corp.’s reverse division to transition back into a role as a reverse mortgage broker. He joined C2 Financial’s... Read more »
One of the major takeaways from Federal Reserve Chair Jerome Powell’s Wednesday news conference was that officials still expect interest rates to come down three times this year, indicating that recent higher-than-expected... Read more »
“I am sensing that there is some kind of disappointment that they got the settlement, but then they didn’t give a road map of how this is most likely going to play... Read more »