Housing Wire
AUGUST 21, 2023
Magazine list of the 5,000 fastest growing private companies in America declined in 2023. It was ranked the 98th-fastest growing private company in America in 2023. Interestingly, none of the top three companies on the 2023 list made the cut in 2022. 658 in the 2023 Inc. The self-reported list ranks U.S. 5000 edition.
Housing Wire
AUGUST 26, 2022
HousingWire recently spoke with Lee Smith and John Gibson at Flagstar Bank about what originators can do to align their mortgage products and services with the ebb and flow of the housing market and what Flagstar is doing to help clients remain at the top of their game during this turbulent time. The same is true for non-qualified mortgages.
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Housing Wire
JANUARY 30, 2024
billion in the next five years for lending and investments to low- and moderate-income (LMI) clients and census tracts, with 30% of the total tied to mortgage lending. In its previous five-year plan, from 2018 to 2023, the bank invested $1.75 Cincinnati-based First Financial Bank has agreed to direct $2.4
Housing Wire
OCTOBER 19, 2023
In late August, when mortgage rates were well over 7% and beginning their climb toward 8%, Jeff Anderson had a client do what few other homeowners are willing to do: She gave up her 4% mortgage rate. At closing, my client will get $10,000 of cash up-front. You’re probably thinking, “Uh, why on earth would she do that?”
Housing Wire
JANUARY 9, 2024
Such funding will also directly support the work of housing counseling offering required Home Equity Conversion Mortgage (HECM) sessions. In mid-2023, HUD issued a NOFO of just over $14 million for housing counseling, a new low when compared to recent years.
Appraisal Buzz
APRIL 29, 2024
This article is featured in the 2023 edition of the Appraisal Buzz Magazine. Our fees were cut in half overnight, and the AMC model suddenly walled us off from clients with whom we had worked so hard to build rapport. The value of a good client was one of the foundational metrics driving our strategy.
Housing Wire
FEBRUARY 14, 2024
Analysts in the mortgage industry are projecting that 2024 will be a better year than 2023 across the board. According to those analysts, lenders may have sold their mortgage servicing rights (MSRs) throughout 2023 to increase short-term liquidity, putting them at a disadvantage when refis pick up. Power’s 2023 U.S.
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