Housing Wire
MARCH 13, 2023
The Federal Deposit Insurance Corporation (FDIC) has named former Fannie Mae CEO and Blend president Tim Mayopoulos as CEO of Silicon Valley Bank N.A. , The bridge bank structure is designed to “bridge” the gap between the failure of a bank and the time when the FDIC can stabilize the institution and implement an orderly resolution.
Housing Wire
NOVEMBER 1, 2022
Mortgage Coach, founded in 2009 and based in California, offers an interactive borrower education platform that lets loan officers guide borrowers through a visual presentation of their loan options. The goal is to help drum up business for lenders during an extremely challenging time in the industry. .
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Housing Wire
JANUARY 17, 2024
That’s where reverse purchase financing comes into play, the funding option specifically designed for older Americans. This is a huge boon for the program as seller concessions have not been allowed within the FHA-insured program since its inception. The 6% limit also includes payment of the Up-Front Mortgage Insurance Premium (UFMIP).
Housing Wire
APRIL 7, 2022
Before you do anything, you should ask your underwriter whether they will insure RON closings at all. If they do insure them, they will vet and approve your RON vendor. Designate a subject matter expert on all things RON. According to a Global Workplace Analytics study , remote work has grown 159% since 2009.
Housing Wire
FEBRUARY 1, 2024
Total endorsements between fiscal years 2009 and 2023 were 863,102, a rough estimate of the total number of customers served by the HECM program since the early aftermath of the Great Recession. Loan amounts and HECM limits The actuarial report also detailed loan amount information and how these have changed since fiscal year 2009.
Housing Wire
DECEMBER 20, 2021
Wilen’s case illustrates how some Americans have a lot to lose if policies designed to help mortgage borrowers don’t break right. The recent experience with state distribution of rental assistance and unemployment insurance is perhaps a preview of the challenges ahead. He is afraid of losing his home. Up to the task?
Housing Wire
DECEMBER 8, 2023
And the school’s practice tests, contract workshops, and other tools are designed to keep you engaged, help you meet your goals, and set you up for success on both the licensing exam and your new career. Exam Prep: Kaplan’s exam prep courses are designed to provide the knowledge and practice necessary to succeed on exam day.
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