Reverse mortgage veteran Dino Guadagnino joins Guaranteed Rate Affinity as regional VP
The 22-year reverse mortgage industry veteran will spearhead educational outreach and forward mortgage partnerships, the company said.
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Fraud, mismanagement led to millions in losses for Houston Housing Authority
The Houston Housing Authority’s plan to install air conditioning in rental units has led to millions of dollars in losses.
The Agency’s Rainy Hake Austin on leadership and AI integration
Hake Austin emphasizes the importance of ethical leadership and a growing industry shift away from a purely transactional mindset.
Longbridge’s new proprietary reverse mortgage aims to preserve home equity for heirs
A new private-label reverse mortgage from Longbridge aims to attract borrowers who are concerned about leaving assets for their heirs.
Competition for HELOC business heats up as home equity grows
MBA panelists highlighted the chance for loan officers to originate more HELOCs and other second-lien mortgages as the housing market sags.
NAR: Americans want a tax plan that supports the American dream
NAR’s poll shows that 67% of voters support doubling the capital gains exemption on the sale of a primary residence and a robust tax plan.
Federal lands amendment draws bipartisan rebuke
As Republicans line up behind a plan to sell federal lands for housing, one Republican representative is signaling his opposition.
House passes bill to give VA borrowers a partial mortgage claim option
The House passed a bill by voice vote, with begrudging bipartisan support, that offers veterans a partial claim option for VA home loans.
Homebuilder sales incentives are in full bloom this spring
Despite restrictions of the NAR settlement, builders are incentivizing buyers and their agents by offering higher commissions and bonuses.
Rate’s Jesse Allen on the progress of a reverse mortgage revamp
The new president of reverse mortgages at Rate describes the efforts to build the division for future success.