article thumbnail

Reverse mortgage volume, securities issuance fall in February

Housing Wire

One would have to look to 2014 to find lower monthly volume,” New View stated in its commentary accompanying the February data. One potentially positive development is that New View had originally predicted that HMBS production would be lower than it actually is, due to larger factors that influence pool production.

Mortgage 350
article thumbnail

FHA increases multifamily large loan threshold

Housing Wire

This marks the first major increase to the threshold since 2014. The review schedule and loan threshold changes are designed to “simplify underwriting for multifamily housing development without presenting undue risk to FHA,” the agency said, and to allow for regular adjustments in response to market changes. “We

Insurance 371
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Parent of National MI grows its leadership team

Housing Wire

He previously served as senior vice president of business development and investor relations at Triton International Limited , a leading publicly-traded specialty finance company.

Investors 336
article thumbnail

Three in four baby boomers don’t use homebuyer resources

Housing Wire

Department of Housing and Urban Development , have become essential for borrowers of all ages as higher interest rates and down payment requirements have eaten into affordability. NeighborWorks outlined potential solutions for members of this age group who wish to purchase a home or stay in their current residence.

Tools 433
article thumbnail

Christian Wallace joins Real as the chief of integrated home services

Housing Wire

2023, she oversaw business development, back-end operations as well as the partner real estate agent network. Wallace kicked off her real estate career in 2014, after working at FedEx as a regional sales manager for a decade. At Rocket Homes where Wallace worked from Feb. 2022 to Oct.

article thumbnail

Shaun Donovan is named Enterprise Community Partners CEO

Housing Wire

Department of Housing and Urban Development ( HUD ) and former director of the U.S. Donovan, who served during the full eight years of the Barack Obama administration, bring to the role nearly three decades of housing policy and community development initiative experience. Shaun Donovan, the former secretary of the U.S.

article thumbnail

Non-QM lender NewFi launches correspondent lending channel

Housing Wire

Newfi is leading the way in terms of innovation and service for these originations,” Dan Bayer, SVP of non-QM development and strategy, said in a statement. “Non-QM product offerings are critical to any mortgage bankers’ offerings in today’s market. The retail channel’s market share slipped to 54.9% from Q4 2022.

Lending 349