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Tane Cabe talks reverse mortgage industry challenges, software development

Housing Wire

They’re a more forward-thinking broker, and there has been lots of activity with the HECM Tool, which is a software application that I developed. Consumers are more motivated and more energized, even though rates are still up and principal limits are down. Tane Cabe “C2 is a good place for me to hang my license,” he said.

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New home sales rose by 9.6% in March

Housing Wire

New home sales posted yet another increase in March, rising 9.6% Census Bureau and the Department of Housing and Urban Development ( HUD ). This is the fourth straight month of new home sales increases. On a year-over -year basis, however, new home sales are still down 3.4%. months of supply at the current sales pace.

Sales 397
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New home sales climb in February for the third straight month

Housing Wire

New home sales continued to rise in February, jumping 1.1% Census Bureau and the Department of Housing and Urban Development ( HUD ). On a year-over-year basis, however, new home sales are still down 19.0%. The uptick in the sales pace in February resulted in a 0.7% months of supply at the current sales pace.

Sales 366
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Fannie Mae picks winners of 4th RPL sale of 2022

Housing Wire

Fannie Mae has completed the sale of its 27 th reperforming-loan offering since the inaugural transaction in 2016. The deal represents Fannie Mae’s fourth reperforming-loan sale this year and involves a total of some 6,060 loans valued at $986.4 Terms of the sale were not disclosed. million; pool 2, 2,217 loans valued at $338.9

Sales 390
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Longbridge Financial marks two years of national field sales

Housing Wire

In March 2022, reverse mortgage lender and servicer Longbridge Financial announced the launch of its national field sales (NFS) division , appointing reverse mortgage industry veteran Melanie Parks to lead the channel as vice president and national field sales leader. Two years later, the UPB has diminished right.

Sales 322
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New Development Spotlight: Ordino Resorts Villas Residential in the Principality of Andorra

Sotheby's International Real Estate

Showcasing the height of new luxury construction in some of the world’s most sought after locations, let’s explore an exclusive new development from our worldwide network. Ordino, The Principality of Andorra | Narcís Socías Tomàs, Andorra Sotheby’s International Realty .

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Fannie Mae picks winner of first nonperforming-loan sale of 2022

Housing Wire

Fannie Mae has chosen the winning bidder for its inaugural nonperforming loan sale of 2022, a deal involving 3,223 loans with an unpaid principal balance of $477.2 The transaction, which represents Fannie Mae’s first nonperforming loans sale this year, is slated to close July 27. Terms of the sale were not disclosed.

Loans 349