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Tane Cabe talks reverse mortgage industry challenges, software development

Housing Wire

They’re a more forward-thinking broker, and there has been lots of activity with the HECM Tool, which is a software application that I developed. I started doing reverse mortgages in 2003, and started by originating both forward and reverse,” he said. Tane Cabe “C2 is a good place for me to hang my license,” he said.

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Kendall Bonner named vice president of industry relations at eXp

Housing Wire

Her efforts will center on advocating for the interests of the eXp Realty community, ensuring that eXp remains at the forefront of industry advocacy and partnership development.” Bonner has more than a decade of experience working in the real estate industry and has been a licensed attorney since 2003.

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NAF taps Mosi Gatling for newly created executive role

Housing Wire

Rebecca Anderson, senior vice president of strategic communications and public relations at loanDepot, wrote to HousingWire that the company “enjoys a long history of attracting and developing top-notch talent and “we thank Mosi for her many contributions to loanDepot and wish her the best in the next chapter of her career.”

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Trade groups express concern to FHFA over historic credit data

Housing Wire

Our members continue to believe that it is imperative to have credit reporting data ‘through the cycle’ back to 2003 given the sensitivity of mortgage default and prepayment to origination credit scores.” FHFA’s current lack of a plan to include “through the cycle” data increases the importance of the data itself, the letter explained.

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New American Funding onboards top Chicago loan officer 

Housing Wire

The goal is to help them develop this territory and use this platform to attract talent – established loan officers, up and coming loan officers,” Steinway said in an interview with HousingWire. The lender originated $9.6 billion in mortgages in 2023, according to estimates from Inside Mortgage Finance.

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Citi names Brad Wayman head of U.S. mortgage

Housing Wire

Wayman first joined Citi in 2003, and most recently, he held the position of head of U.S mortgage sales , where he led distributed retail sales, direct to consumer sales, strategic market business development, community reinvestment strategy and sales support. Citigroup named Brad Wayman as head of U.S Before his role as head of U.S.

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Risks of nonbank mortgage sellers and servicers revisited

Housing Wire

I applied a multivariate statistical analysis consistent with the one I used to develop the industry’s first FHA automated underwriting scorecard (known now as TOTAL), and the industry’s first VA scorecard during my tenure at Freddie Mac. These were 2000-2003, 2004-2008Q2, 2008Q3-2011, and 2012-2015. Specifically, the 1.9

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