Housing Wire
MARCH 20, 2024
Reverse mortgage industry veteran Tane Cabe recently left his position at Fairway Independent Mortgage Corp.’s s reverse division to transition back into a role as a reverse mortgage broker. People are interested in getting reverse mortgages and talking about them,” he said.
Housing Wire
MAY 22, 2024
Dallas -based Certainty Home Lending , an affiliate of Guaranteed Rate , named Shadi Kamran as its new national business development executive. Our comprehensive product suite offers solutions for virtually every mortgage and home financing need,” Kamran said in a statement.
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Housing Wire
MAY 15, 2024
Department of Housing and Urban Development (HUD) on Wednesday announced that the Biden administration has approved a record $1.1 As we commemorate the 50th anniversary of the Indian Community Development Block Grant program, we are investing in the continued health of Tribal communities across our country.
Housing Wire
JANUARY 18, 2024
Ted Tozer, former president of Ginnie Mae during the Obama administration and current president Alanna McCargo’s most recent Senate-confirmed predecessor, applauded the news that the company is looking into the development of a new Home Equity Conversion Mortgage (HECM)-backed Security (HMBS) product.
Housing Wire
SEPTEMBER 26, 2023
Census Bureau and the Department of Housing and Urban Development ( HUD ). However, mortgage applications for new home purchases increased 4% between July and August, the strongest pace of sales in three months. After a boost in July, the sales pace of new homes slowed in August, according to data published on Wednesday by the U.S.
Housing Wire
MAY 20, 2024
According to Todman, the industry has been asking for years for HUD to be helpful on assumable mortgages, which “is a complex transaction that she has “come to understand that sometimes the juice is not worth the squeeze.” ” There was a “hue and cry,” Todman said.
Housing Wire
MAY 11, 2024
Mortgage rates and the bond market have fallen a bit recently and the spreads between the 10-year yield and 30-year mortgage rate have improved over last year’s levels. In the past two years, demand has always picked up whenever mortgage rates have moved lower with some duration. That’s a 0.50% difference in rates.
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