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How Blend plans to survive a shrinking mortgage market 

Housing Wire

For investors, a warning: it means that profitability will take some time to achieve. ” Blend is reducing general and administrative expenses in human resources, finance, and legal, but decided not to cut costs related to engineering and product development. on April 20.

Mortgage 390
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Women lead industry through the haze of pandemic

Housing Wire

As senior vice president for enterprise operations and a member of Freddie Mac’s senior operating committee, it was her responsibility to figure out how to ensure uninterrupted work with investors, lenders, multifamily property owners and homeowners if business as usual was thrown off track. Elizabeth McClean.

Business 368
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CITIES FACE DAUNTING OFFICE-VACANCY CHALLENGE

Will Springer Realtor

Moody’s Investors Service noted that banks hold approximately half of the $6T in commercial real estate debt, with the largest share maturing within the next three years, according to Reuters. Local government, developers, architects and others will need to step up and take responsibility for the sake of our city.“This

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Introducing the 2021 HW Insiders

Housing Wire

VP, Learning and Development. Director of Human Resources. SVP, Non-QM Business Development & Production. VP, Investor Relations. EVP, Business Development. VP, Product Development. Lenderworks. Lisa Basham. VP, Movement Mortgage's Innovation Team. Movement Mortgage. Lisa Schwartz.

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FHFA’s final “living wills” rule ignores industry concerns

Housing Wire

This January amendment , you may recall, put the cap on sales of second homes and investor properties, limits to the cash window, caps on multifamily, and limits on sales that include a combination of borrower attributes. What would MBS investors think and how would they behave? But here we go again.

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How one mortgage servicing company is prioritizing home retention during economic uncertainty

Housing Wire

million borrowers, thousands of investors and more than 100 subservicing clients. One thing that hasn’t changed is our commitment to our customers – helping homeowners is one of our guiding principles and our mission is focused on creating positive outcomes for homeowners, communities and investors.

Mortgage 369
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Do You Need 20% Down To Buy A Home?

PennyMac

Check with your Human Resources department to see if this is a benefit that is offered. FHA loans typically have more flexible lending guidelines than other investors. USDA Rural Development Loans. Option 3: Employer-Assisted Programs. Some employers will offer down payment assistance as an employee benefit.