by mdibrino@hqmloans.com | Apr 20, 2023 | Uncategorized
About 1.7% of commercial/multifamily properties were 90+ days delinquent or in REO in Q1, up from 1.6% in Q4. Mortgages that were 60-90 days delinquent grew from 0.1% to 0.2% quarter over quarter, while those that were 30-60 days delinquent remained unchanged at 0.3%....
by mdibrino@hqmloans.com | Apr 20, 2023 | Uncategorized
“I got out of college, and I was working for an IT solutions provider as a national account executive,” he told Mortgage Professional America during a telephone interview. “We were doing nationwide POS [point of sale] rollouts. This was early 2000s, and this was the...
by mdibrino@hqmloans.com | Apr 20, 2023 | Uncategorized
“Challenges and barriers continue to limit sustainable housing opportunities for minority, low-income, and senior borrowers, as well as families living in rural areas and on tribal land,” said FHFA director Sandra Thompson. “The proposed rule will help FHFA ensure...
by mdibrino@hqmloans.com | Apr 20, 2023 | Uncategorized
Bjelac came to LendingOne after four years at Sprout Mortgage, most recently as executive vice president of national sales TPO. Before Sprout, he was vice president of wholesale lending at CoreVest Finance. He also held various leadership positions at Carrington...
by mdibrino@hqmloans.com | Apr 20, 2023 | Uncategorized
“Having Roxanne certified to offer HECM Reverse Mortgages is exciting for us as we at Fairway believe reverse mortgages are an underutilized tool in retirement planning,” Heichel added. Over the past few months, the retail lender has brought in new hires to its...
by mdibrino@hqmloans.com | Apr 19, 2023 | Uncategorized
Regulations implementing the 1994 Riegle Community Development and Regulatory Improvement Act, as drafted by the CDFI Fund, define Target Population as, “…individuals, or an identifiable group of individuals, who… lack adequate access to Financial Products and...
