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2021 MMI Report: Reverse mortgage portfolio hits positive territory for first time since 2015

Housing Wire

The financial performance of the HECM portfolio has improved in each of the last three years and is now positive for the first time since FY 2015,” FHA’s Annual Report to Congress reads. The post 2021 MMI Report: Reverse mortgage portfolio hits positive territory for first time since 2015 appeared first on HousingWire.

Mortgage 388
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Erbey back as chairman of Altisource Asset Management Corp.

Housing Wire

The company appointed Erbey to the role of CEO in late December and the board of directors also appointed him as its Chairman, a position he held from March 2012 to January 2015. Erbey served as the executive chairman of the board of directors of Ocwen from 1996 to 2015.

Business 441
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Pending home sales fall to lowest level since 2015, new data shows

Inman

Pending home sales dropped 32 percent annually during the four-week period ending Jan. 1, with the biggest drop-offs recorded in markets that took off during the pandemic, according to Redfin.

Marketing 112
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Owning Manhattan? How much business SERHANT.’s agents really do

Housing Wire

She began her career in April of 2015 as a member of the Eklund Gomes Team at Douglas Elliman before moving on to join The Corcoran Group in 2016, where she remained until March 2021, when she joined SERHANT. She was previously brokered at Compass and began her career in real estate in October 2015 at The Corcoran Group.

Agents 528
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Mark Willis returns to CEO role at KW

Real Estate News

Willis previously held the top leadership position at Keller Williams Realty from 2005-2015 and had recently rejoined the company in a consulting capacity.

Realty 297
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Proof welcomes Pennsylvania notaries into its Notarize Network

Housing Wire

Originally founded in 2015, Notarize is based in Boston and has raised more than $200 million in funding. Recently , the company launched an artificial intelligence (AI)–powered fraud detection tool called Defend that is built into the Proof platform.

Legal 440
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Rocket adds AI and fintech expert to newly created board of director position

Housing Wire

Rampell currently serves as general partner at Andreessen Horowitz , where he has focused on financial services since October 2015. TrialPay was acquired by Visa in 2015. He also serves on the board of several Andreessen Horowitz portfolio companies and has led several of the firm’s investments.