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Q&A: George Morales on new role with Mortgage Cadence and why a big bank could enter reverse

Housing Wire

To understand the dynamics of his new role, RMD sat down with Morales to learn more about his individual and company goals, including the potential for a large national bank to become involved in the reverse mortgage business for the first time since the early 2010s. national bank, a large bank [that is considering entering] reverse.

Banks 410
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What makes Gen Z homebuyers different?

Housing Wire

It means that loan originators need to realize the importance of having a digital brand. Going through this transitionary stage of life during a time of panic and crisis forced a lot of us to move back home in 2020 to be with family. It is hard for me to remember a time without the desire for high speed wifi or cellular data.

Branding 432
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Learn from these 5 powerful executives at HW Annual

Housing Wire

Tap into the knowledge bank of these top CEOs who are driving their businesses forward by registering today for HW Annual in Scottsdale, Arizona Oct. As Chief Marketing Officer at OJO Labs , Karen Starns will be taking the stage for the “1+1=3 The Marketing Strategy of M&A” panel. Women of Influence Forum.

Staging 397
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How does the “buy before you sell” model differ from iBuyers and Power buyers?

Housing Wire

The second stage was pioneered by real estate agents that saw how hard the consumer experience was first-hand, so they created the PowerBuyer model to address those issues with less cost relative to iBuyers. Lenders want to consider who owns the client relationship and which brand is front and center in the transaction.

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F2 Finance wants to capitalize on a fragmented fix-and-flip market

Housing Wire

Faes’ career in mortgage lending goes back to 2008 when he co-founded non-bank mortgage lender LendInvest , which was listed on the London Stock Exchange in 2021. F2 Finance declined to share the loan origination volume given the infancy stage of its business. LendInvest has more than $4.7 billion (£3.7

Finance 370
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People movers: Home Point Financial, Zumper, Total Expert and NAR

Housing Wire

Prior to becoming Zumper’s CMO, Goode was president, chief marketing and commercial officer at London-based Elvie , where he built the brand from an early-stage startup into one of the fastest-growing women’s health technology companies in the world.

Branding 373
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Ocwen to buy Texas Capital’s correspondent business

Housing Wire

Texas Capital Bank is selling its entire $14 billion book of mortgage servicing rights to PHH Mortgage , a subsidiary of Ocwen Financial Corp , for a “modest profit.” Ocwen also scored a different kind of victory this week. How lenders will benefit from Proctor Financial’s acquisition of Loan Protector.

Lending 275