Union Home Mortgage adds two executive leaders
Ohio-based UHM promoted Brian Smith to chief operating officer of retail lending and hired David Alonzo as its chief technology officer.
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2025 labor market holds key for mortgage rates
The labor market is getting softer. But, there is a limit to the downside on mortgage rates until the labor market breaks.
Reverse mortgage endorsements, securities issuance fell in February
HECM endorsements and HMBS issuance declined in February, which some professionals said reflected higher mortgage rates at the start of 2025.
Warren blasts CFPB, FHFA nominees as they advance to Senate confirmation votes
Fresh off a marathon confirmation hearing to assess the fitness of four Trump administration appointees, Sen. Elizabeth Warren (D-Mass.) is castigating each of the candidates after reviewing their answers to her questionnaires.
25 Canadians charged in ‘grandparent scam’ targeting U.S. seniors
25 Canadians have been charged by U.S. authorities with bilking older Americans out of an estimated $21 million.
3 metrics in Friday’s jobs report that will affect mortgage rates
HousingWire Lead Analyst Logan Mohtashami outlined three things to look for in Friday’s job report to know where mortgage rates are headed.
Anthony Hsieh returns to loanDepot as Frank Martell departs
In an announcement made Thursday, loanDepot said Hsieh, the company’s executive chairman, has returned as executive chairman of mortgage operations. Martell will step down from his current posts as of June 4 and transition to a board advisory role.
Report suggests key HECM field office at HUD could be shut down
Among dozens of reported potential field office closures, one in Oklahoma has the potential to significantly impact the FHA-insured HECM program.
This aging-in-place program flies under the radar, but it could lower senior care costs
There’s a national aging-in-place program to help people remain in their homes, but broadening access means navigating federal reimbursements.
Loan officers are seeing an uptick in FHA, VA demand
Loan officers are seeing increase demand for government mortgages, and if rates go lower, there could be a wave of refinances to follow.