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HUD outlines reverse mortgage wish list in budget proposal

Housing Wire

Department of Housing and Urban Development (HUD) are a few key priorities related to the Federal Housing Administration (FHA) and its Home Equity Conversion Mortgage (HECM) program. federal government. Within the congressional justifications for the U.S. HUD is requesting $2.5

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What MBA’s forecast means for mortgage originators

Housing Wire

history next to 2003. The analysis may expose training needs for respective production teams. Doing this now will help lending teams establish a game plan to increase the skills of any refinance-focused LOs, as well as their managers. But training and trainers must have content. Here are three key takeaways: 1.

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More than ever, lender profitability requires maintaining pace with innovation

Housing Wire

In light of this, HousingWire recently caught up with Teraverde Chief Technology & Innovation Officer Rob Peterson to learn more about the key to lender profitability in today’s lending environment. increase in total labor productivity in the US from 2003 through 2022, largely through business process improvement and automation.