Housing Wire
NOVEMBER 27, 2023
HousingWire recently spoke with David Bernard, senior managing director of Specialized Mortgage Services at Western Alliance Bank , Member FDIC, about warehouse lending and how the warehouse sector and mortgage finance have progressed and continue to evolve. DB: Warehouse lending has evolved beyond traditional boundaries.
Housing Wire
APRIL 25, 2024
The reverse lending industry’s most prominent attendee — Kristen Sieffert of Finance of America Companies (FOA), parent company of industry-leading lender Finance of America Reverse (FAR) — offered insights into various topics about the reverse mortgage product category. This year, it’s ‘prevail,’” she said.
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Housing Wire
JULY 31, 2023
“Flagstar is an originator and servicer that also provides financing solutions through its warehouse and MSR lending businesses,” Smith said. “We Now, with the three companies under one Flagstar-branded umbrella, the bank can offer its clients an even larger array of products and services.
Housing Wire
JUNE 7, 2021
UWM has been outspoken about capturing the opportunity that it sees in the wholesale market, which it believes can be about one-third of the overall mortgage market by 2025. . “Relocks and changes to program, occupancy or property type will be subject to worst-case pricing,” the lender said in a statement Monday.
Housing Wire
NOVEMBER 1, 2023
I was speaking to someone the other day who said, ‘If you’re in this business [mortgage lending], I can’t see a downside to a recession.’” These are the folks who are buying right now, and I you know because some of them are my clients.” We could be down to 60,000 to 70,000 originators by 2025.”
Housing Wire
SEPTEMBER 12, 2023
“For my clients, if rates do get into the 5s, we’re going to jump in [to originate refis]. And people underestimate how much rates have to move to make that beneficial for the clients,” Brian Brown, Rocket Companies chief financial officer, told analysts during an earnings call in August. trillion or $1.7
Housing Wire
AUGUST 25, 2022
The obvious starting place for nonbank lenders looking to capture volume is in jumbo lending, executives and analysts said. The investment we make today will have exponential benefits in 2023, 2024 and 2025 and beyond,” UWM CEO and Chairman Mat Ishbia said during an earnings call. ” Just a little less vanilla.
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