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Tane Cabe talks reverse mortgage industry challenges, software development

Housing Wire

Reverse mortgage industry veteran Tane Cabe recently left his position at Fairway Independent Mortgage Corp.’s s reverse division to transition back into a role as a reverse mortgage broker. People are interested in getting reverse mortgages and talking about them,” he said. I really do like that,” Cabe said.

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Lenders target growing Hispanic homeownership market

Housing Wire

Guaranteed Rate and CrossCountry Mortgage have their eyes fixed on serving more Hispanic borrowers, who are expected to make up 70% of homeownership growth in the U.S. Chicago-based Guaranteed Rate this week rolled out an expanded Language Access Program, which has applications and loan servicing in Spanish for consumers in all 50 states.

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What MBA’s forecast means for mortgage originators

Housing Wire

history next to 2003. Frankly, what will be left in the refi market will likely be harder credit quality transactions that a hungry mortgage origination industry will turn to as volumes drop. Here are some expectations and recommendations: First , the refi/purchase mix should be carefully evaluated down to the loan officer level.

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ChatGPT for Appraisers

Appraisal Today

ChatGPT: Valuable Tool or a Replacement for Real Estate Appraisers? NOTE: Please scroll down to read the other topics in this long blog post on non lender appraisals, liability, markets with few sales, Bias, unusual homes, mortgage origination A California Winery With a 91-Acre Vineyard for $12,995,000 Red Soles Winery, a 91-acre vineyard.

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What role can mortgage brokers play in fair housing?

Housing Wire

The National Association of Mortgage Brokers inaugurated Kimber White as its new president during the virtual NAMB National 2020 conference. White is a partner at RE Financial Service and has been an active member of the mortgage industry for more than 30 years. HousingWire: What’s the biggest challenge for mortgage brokers right now?

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