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HW+ Member Spotlight: Josh Mettle

Housing Wire

Prior to NEO Home Loans, Mettle served as senior vice president, director of physician lending at Fairway Independent Mortgage Corporation. With over 20 years of mortgage experience, Mettle has dedicated his career to the mortgage industry. Josh Mettle: Inflation robs from the lender and gives to the borrower.

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How originators can capitalize on reverse mortgage business in light of the changing housing market

Housing Wire

HousingWire recently spoke to Jonathan Scarpati, Senior Vice President of Wholesale Lending at Finance of America Reverse, about tapping into the reverse mortgage market in light of the changing market. . By 2050, 20% of Americans will be 65 or older. And they’re sitting on an estimated $10 trillion in home equity.

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FAQs About Appraising Solar Panels

McKissock

already have some form of clean energy goal in place, with some states aiming for 100% by 2050. If the appraisal is completed for mortgage lending purposes, lenders are responsible for informing you of the accurate ownership structure of the solar panels. Solar panels will continue to become more widespread into the future.

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Rural America is losing affordable housing at a crisis pace

Housing Wire

In fact, if nothing is done, this USDA program — called Section 515 — is projected to lose up to 137,000 affordable-housing units between 2023 to 2033 nationwide due to mortgage maturities alone, according to USDA projections , “with a potential to lose approximately 333,000 units by the year 2050.”

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