In the period since Mark Calabria has been at the helm of the FHFA, there has been both a steady stream of GSE executive departures as well as a plethora of policies adverse to the housing sector.
In the period since Mark Calabria has been at the helm of the FHFA, there has been both a steady stream of GSE executive departures as well as a plethora of policies adverse to the housing sector. The most surprising truth here is that the mortgage industry, awash with profits from the past year or so, has turned an almost blind eye toward these steps.
The agency sent data requests to mortgage servicers on how they are handling forbearance programs and whether the temporary debt relief is likely to get borrowers back on their feet, unnamed sources told Reuters. According to Reuters' sources, the CFPB also opened a number of probes into how servicers are handling its forbearance requests.
HousingWire recently spoke with Keith Lind, Acra executive chairman and president, and Acra CEO Kyle Gunderlock, about the new jumbo prime program and how it will help borrowers in 2021 and beyond. Presented by Acra Lending
Keller Williams Realty is revamping its leadership team yet again, announcing on Monday three senior hires to a recently created holding company. Carl Liebert, CEO of KWx, named Mark Foley as KWx's first chief people officer and Stacie Shirley as its maiden chief financial officer. KWx also announced Travis Peace as its first head of business development and partnerships.
Capital Markets Cooperative (CMC) helps lenders maximize earnings and minimize expenses through its roster of top-tier vendors and investors. Lenders can also achieve better loan sale execution by selling through CMC's co-issue servicing acquisition platform. Learn more.
Last year, Laura Grannemann's dedication to providing Americans with access to safe and affordable housing earned her a spot as one of HousingWire's 2020 Women of Influence. Today, her passion is still apparent in the work that she's doing to help those in underserved communities own homes and build wealth.
Fintech company Knox Financial announced Monday a $10 million Series A funding round, led by G20 Ventures. That's $14.7 million of total funding to-date for Knox.
The last thing you need is a delay of game because the loan application is missing documentation. Join MGIC for a webinar on April 28 and learn how to get faster approvals for your mortgage loans and tackle obstacles that slow down your game. Register now!
Plans initiated by the Biden administration in February to release billions of dollars in aid to Puerto Rico are now coming to fruition with a revised distribution of $8.2 billion, according to a Monday release from the Department of House and Urban Development.
In 2020, housing was an economic bright spot for a nation shuttered inside. Globally speaking, things look much different roughly a year later – jobs are returning by the millions, a series of viable vaccines are being deployed across America, stimulus checks have hit bank accounts and mortgage rates are ascending rapidly from nearly a year of historic lows.
4 Communication Strategies to Strengthen Customer Relationships Empowered with the right strategies, financial services can execute fast-acting campaigns, track results, and improve their bottom line – all while strengthening customer relationships. Read Now.
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