Chrissi Rhea, co-founder of Mortgage Investors Group, has died
Chrissi Rhea, co-founder of Mortgage Investors Group and member of the MBA’s board of directors, died on Nov. 8, at the age of 73.
Mortgage
Auto Added by WPeMatico
How Rocket Mortgage plans to win in 2025
Rocket Mortgage’s strategy for 2025 includes acquiring more mortgage servicing rights to capitalize on its eye-popping 85% recapture rate.
MMI Fund capital reserve is now 5X larger than required
The MMI Fund continued to operate well above its statutory minimum of 2%, though trade associations want more affordability action.
The trigger lead bill looks in doubt post-election
The post-election landscape has complicated the mortgage industry’s efforts to pass a trigger lead bill. Backup plans are being formulated.
Movement Mortgage names Steve Smith president and CFO
Top retail mortgage lender Movement Mortgage named longtime industry executive Steve Smith its newest president and CFO.
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.
Bill Pulte to be considered for HUD secretary, report claims
A New York Post report claims that philanthropist Bill Pulte is under consideration for the role of HUD secretary.
Veterans have down payment assistance options of up to $117K
Down Payment Resource highlighted 49 of the 2,400-plus assistance programs that offer up to $117,000 specifically for veterans.
MAXEX hires Daniel Wallace as chief operating officer
Wallace brings 30 years of tech-building experience across mortgage, asset management and capital markets.
Real estate industry challenges, change and what to watch in 2025
The Counselors of Real Estate weighs in on what 2025 may bring to real estate in its Top Ten Issues report.