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The trigger lead bill looks in doubt post-election

November 14, 2024 by bp56691
The post-election landscape has complicated the mortgage industry’s efforts to pass a trigger lead bill. Backup plans are being formulated.
Categories CFPB, Congress, Election 2024, House of Representatives, Lead Generation, LendingLife, Mortgage, Origination, Regulatory, Senate

Movement Mortgage names Steve Smith president and CFO

November 13, 2024 by bp56691
Top retail mortgage lender Movement Mortgage named longtime industry executive Steve Smith its newest president and CFO.
Categories LendingLife, Mortgage, Movement Mortgage, Origination, People Movers

Rocket’s origination volume jumps 28% in Q3

November 13, 2024 by bp56691
Rocket’s origination volume jumps 28% in Q3
Detroit-based Rocket Companies saw its strategy of investing in technology and expanding its servicing portfolio start to pay off in Q3 2024.
Categories Annaly Capital Management, Artificial Intelligence, Earnings, LendingLife, Mortgage, Mortgage Servicing, Mortgage servicing rights, Origination, Rocket Mortgage

Bill Pulte to be considered for HUD secretary, report claims

November 12, 2024 by bp56691
A New York Post report claims that philanthropist Bill Pulte is under consideration for the role of HUD secretary.
Categories Donald Trump, HUD, Mortgage, Politics, Regulatory

Veterans have down payment assistance options of up to $117K

November 12, 2024 by bp56691
Down Payment Resource highlighted 49 of the 2,400-plus assistance programs that offer up to $117,000 specifically for veterans.
Categories Department of Veterans Affairs, Down Payment Assistance, Mortgage, Origination, Veterans

MAXEX hires Daniel Wallace as chief operating officer

November 12, 2024 by bp56691
MAXEX hires Daniel Wallace as chief operating officer
Wallace brings 30 years of tech-building experience across mortgage, asset management and capital markets.
Categories MAXEX, Mortgage, People Movers, Secondary market, Technology

Real estate industry challenges, change and what to watch in 2025

November 11, 2024 by bp56691
The Counselors of Real Estate weighs in on what 2025 may bring to real estate in its Top Ten Issues report.
Categories Donald Trump, Federal Reserve, Housing Market, HWmember, Mortgage, national association of realtors, Real Estate

Better introduces VA refi loan with no appraisal or closing costs

November 11, 2024 by bp56691
New York-based digital mortgage lender Better.com launched a streamline refinance loan product on Monday that aims to help military veterans and service members save money on long-term interest expenses and closing costs.
Categories Better.com, LendingLife, Mortgage, Origination, Refinancing, VA Loan

Fannie Mae releases updates on leasehold estates, manufactured homes, fraud prevention

November 11, 2024November 8, 2024 by bp56691
Fannie Mae releases updates on leasehold estates, manufactured homes, fraud prevention
Leasehold estates, manufactured homes and mortgage fraud are the key topics in the latest Fannie Mae Selling Guide update.
Categories Appraisals, Appraisals and Valuations, Fannie Mae, Freddie Mac, Government-Sponsored Enterprise, Manufactured Housing, Mortgage, Mortgage Fraud, Origination

Ginger Bell and Fobby Naghmi on leadership deficits in the mortgage industry

November 8, 2024 by bp56691
Co-authors Ginger Bell and Fobby Naghmi explore leadership challenges that impact the mortgage industry in today’s market.
Categories Mortgage, Mortgage Industry, Podcast, Podcasts
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