Tag: mortgage
-
MReport’s Top 25 Companies in Mortgage & Servicing
Keeping up with the dynamic mortgage and servicing industry, MReport has released their 2019 list of the Top 25 Companies in Mortgage and Servicing that were nominated by team members who work within these organizations. Nominations were divided into five categories, including Legal, Lender/Servicer, Service Provider, Tech Provider, and Women- or Minority-Owned/Operated.
-
Housing Costs Ease for Homeowners But Not Renters Since 2008
A decade after the housing crisis, a U.S. Census Bureau report shows that housing cost burden has eased for homeowners but has remained stagnant for renters since the peak of the recession. Recent data from the American Community Survey (ACS) estimates the percentage of “burdened” households that spend at least 35 percent of their monthly…
-
Who is Freddie Mac Today?
—
by
Often in the industry, when we think of the forty-eight-year-old Government Sponsored Entity The Federal Home Loan Mortgage Corporation, otherwise known as Freddie Mac, we think: “I’d love to be an REO broker with them” or “I’d love to be in a vendor relationship with them.” However, as we discovered in our “Who is Freddie…
-
SHETalk: Rebecca Steele on Becoming a Disruptor
“My Story Is Different Than Most” “It’s just been an incredible conference. The women who have been here and all of you who I’ve met with have been the highlight of my year so far, really,” said Rebecca Steele taking over the stage for her SHETalk on day two of our conference. Her…
-
Stories of Character and Courage-NDILC Luncheon Panel
After a jam-packed morning of information and new industry developments, our conference attendees were treated to an informal panel session led by NDILC (NAWRB Diversity and Inclusion Leadership Council) Chairwoman, President & CEO of NAWRB Desirée Patno, Co-chair Vanessa Montañez, and Council Members Sarah Goldfrank, Dr. Chitra Dorai, Stacey M. Walker, and Teresa Palacios Smith.
-
mPower: Addressing Workplace Disruptors
For the first time at a NAWRB Conference, mPower (Mortgage Banker’s Association Promoting Opportunities for Women to Extend their Reach) presented a panel, kicking off our Year of Women with style and substance. NAWRB President and CEO, Desirée Patno introduced MBA COO and Founder of mPower Marcia Davies noting “This is the first time we…
-
FHFA House Price Index Increases 0.6 Percent in February
In a recent news release, the Federal Housing Finance Agency (FHFA) revealed that United States house prices in February rose 0.6 percent from the previous month, according to its seasonally adjusted monthly House Price Index (HPI). The previous house price increase in January, at 0.8 percent, has been adjusted to reflect this new finding.
-
New Tax Laws Affect High-End Housing Markets and HELOCs
The new tax bill that was passed by Congress in December 2017, celebrated as the Trump Administration’s first major legislative victory, will have inadvertent consequences for potential homebuyers looking to buy homes in high-end markets, and those with existing HELOCs. A decrease in home prices and caps on tax deductions, among other effects, will lower…
-
Catching the Next Wave of Mortgage Borrowers
Sometimes, a transition calls for a radical change, though some people try to avoid such shifts because they can be jarring. The sudden loss of refinance business has been that way for many lenders, and it will get worse in the future. How lenders respond to this transition into a purchase money market will set…
-
Nonprofit Counseling: Protecting and Preserving a Vital Service to American Homeowners and the Finance Community
The past decade has taught us a great deal about housing loss and preservation. Many of us were personally affected, or know someone affected, by the 2007-08 economic downturn period our country experienced. There have been several lessons learned. Most of all, we learned that too many U.S residents have too much debt and lack…