We debuted the winners of a new industry award program today:The Housing Finance Leaders. This impressive group of 40 finance executives navigated their companies through the uncertain early days of the global pandemic through some of the most impressive growth many companies had ever seen.
Our winners include:
Julie Booth, CFO and Treasurer at Rocket Companies, whose team successfully launched one of the largest IPOs in the last decade
Quinn Brown, CFO at Axia Home Loans, who was instrumental in taking AXIA to a 100% ESOP
Timothy Forrester, EVP and CFO at United Wholesale Mortgage, who played a critical role in UWM going public via a SPAC deal
Thanh Roettele, Managing Director at JPMorgan Chase, who led the business as it funded over $275 billion from approximately 860,000 mortgages.
Charlotte Simonelli, EVP, CFO and Treasurer at Realogy, who steered the company to its biggest third quarter on record and captured incremental transaction economics from its title business and mortgage joint venture
On another front, one article that is generating considerable interest today is:When will the Fed raise rates? It's a perennial question, but considering the economy is still trying to recover from a global pandemic, it's extra challenging to read the tea leaves this year.
Lead Analyst Logan Mohtashami reveals the very specific metric he thinks the Fed is looking at right now, and what Fed watchers should be paying attention to if they want to understand its actions. Find out what that metric ishere.
Until tomorrow —
Sarah Wheeler
HousingWire Editor in Chief
P.S. I am moderating a really interesting panel at the Mortgage Industry Pandemic Summit 2.0 on Thursday, hosted by Altisource, called The Economists' Magic 8 Ball: What to Expect the Rest of this Year. Join me to hear what Mike Fratantoni of MBA, Rick Sharga of RealtyTrac, Mark Vitner of Wells Fargo Securities, and Chris Michaels of Calterra Capital have to say on this important topic!
In this episode, Digital Media Manager Alcynna Lloyd and HW+ Managing Editor Brena Nath discuss President Joe Biden's proposed first-time homebuyer tax credit, loanDepot forming a JV partnership with LGI Homes and what readers can expect in HousingWire's May magazine issue.
The mindset of the Federal Reserve has changed from previous expansions. Lead Analyst Logan Mohtashami examines what the Fed is focusing on as it makes rate decisions. HW+ Premium Content
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HousingWire's Clayton Collins joins On Q Financial President and Founder John Bergman to discuss how and why lenders should give back to their communities, and the unique opportunity On Q Financial had recently to help a family in need. Presented by On Q Financial
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