Introducing the 2022 Finance Leaders!

Housing Wire

HousingWire’s Housing Finance Leaders. Entering its second year, this year’s class spotlights the top finance executives who are driving financial performance and helping their businesses access the capital markets. VP, Capital Markets & Finance. SVP, Finance.

Finance of America now offers renovation loans

Housing Wire

Lending and services platform Finance of America Inc. announced today the launch of Finance of America Home Improvement , a new business division offering non-mortgage financing options, including renovation loans.

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Bill Dallas out at Finance of America Mortgage

Housing Wire

Veteran mortgage executive Bill Dallas has left his position as president of Finance of America Mortgage amid larger changes to the Texas-based nonbank lender’s C-Suite and business lines. His exit was first reported by Inside Mortgage Finance. Presented by: Finance of America.

Recap: Selene Finance Webinar

Appraisal Buzz

The free-to-attend webinar was sponsored by Selene Finance, a specialty loan servicer, offering full-service capabilities supporting all aspects of residential mortgage servicing. … The post Recap: Selene Finance Webinar appeared first on DSNews. The post Recap: Selene Finance Webinar appeared first on Appraisal Buzz.

Rethinking Housing-Finance Policy

Appraisal Buzz

The post Rethinking Housing-Finance Policy appeared first on DSNews. The post Rethinking Housing-Finance Policy appeared first on Appraisal Buzz.

Financing proves an obstacle for ADUs

Housing Wire

The Joe Biden administration broadly identified this financing issue. The problem then, the authors found, is ascertaining favorable financing. The post Financing proves an obstacle for ADUs appeared first on HousingWire. Accessory dwelling units are increasingly legal.

Finance of America eliminates big chunk of workforce as losses mount

Housing Wire

Finance of America posted steep losses in the second quarter and has pledged to eliminate a significant percentage of its workforce to contain the financial fallout. Finance of America shares closed at $1.97 Mortgage Earnings Finance of America refinance

Here are the 2021 HW Finance Leaders

Housing Wire

HousingWire’s Finance Leader award recognizes outstanding performers in the finance space. Those rates resulted in record-setting volume for real estate and mortgage companies, and a whole new set of challenges for their finance leaders. SVP of Finance.

Finance of America CEO Patti Cook announces retirement

Housing Wire

Multichannel lender Finance of America (FOA) announced Thursday its chief executive officer, Patti Cook , will retire as soon as the company finds a successor. Presented by: Finance of America. Finance of America’s valuation at the debut was expected to be $1.9

Nominations are closing soon for 2022 Finance Leaders!

Housing Wire

The second annual Finance Leaders award will be closing today, but there’s still time to nominate someone before the end of the day! Eligible nominees must be corporate finance, secondary marketing, capital markets or strategic finance executives.

Finance of America cut 600 jobs in Q1

Housing Wire

Fast-rising interest rates hit Finance of America Companies hard in the first quarter of 2022 and the company cut almost 600 jobs compared to one year ago. . Finance of America shares closed at $2.46 The post Finance of America cut 600 jobs in Q1 appeared first on HousingWire.

Nominations for HousingWire’s Finance Leaders award are now open!

Housing Wire

Unlike other HousingWire awards, Finance Leaders focuses specifically on corporate finance, secondary marketing, capital markets or strategic finance executives within mortgage banking or a real estate brokerage only.

Finance of America asks investors to look beyond traditional mortgage

Housing Wire

Finance of America Companies on Wednesday told investors that it managed to increase in originations in 2021, but a more competitive landscape reduced margins and, consequently, the company’s net income. Finance of America funded $35.6 Finance of America shares were trading at $3.39

Finance of America unveils hybrid reverse mortgage product

Housing Wire

Finance of America Reverse will soon debut a hybrid product that combines elements of a reverse mortgage with a forward mortgage. Finance of America Reverse, owned by Blackstone , will be rolling out the new product in April.

The Exchange: Bill Dallas, President, Finance of America Mortgage

Appraisal Buzz

Bill Dallas, Head of Finance of America Mortgage, had a chance to chat with DS News regarding a number of industry topics, from underwriting procedures to modernizing the overall mortgage process.

Senate Finance Committee unanimously approves Yellen

Housing Wire

By a unanimous 26-0 vote, the Senate Finance Committee approved Janet Yellen’s nomination to become U.S. The post Senate Finance Committee unanimously approves Yellen appeared first on HousingWire.

Finance of America to acquire Parkside’s wholesale biz

Housing Wire

Finance of America intends to acquire Parkside Lending ‘s third-party origination channel operation for $40 million, the publicly traded lender and servicer announced Tuesday. The post Finance of America to acquire Parkside’s wholesale biz appeared first on HousingWire.

Fannie Mae Names New Finance Leadership

Appraisal Buzz

GSE announces changes to its finance leadership structure as Chryssa Halley is named CFO, and Jim Holmberg is promoted to Controller. The post Fannie Mae Names New Finance Leadership appeared first on DSNews.

Blackstone-owned lender and servicer Finance of America to go public

Housing Wire

End-to-end lending and services platform Finance of America Capital is the latest mortgage company to get in on the mushrooming IPO craze. Finance of America, says its collection of companies has originated over $65 billion in loans since 2017. Finance of America originated over $7.4

Finance of America’s Jim Anderson on building customer relationships

Housing Wire

Marketers and loan officers need to be prepared for a longer lead-nurture timeline today than the refi market frenzy we experienced the last two years,” said Jim Anderson, chief marketing officer at Finance of America Mortgage.

Finance of America to go public before IPO window closes

Housing Wire

Finance of America on Monday will become the latest lender to make its debut on the New York Stock Exchange. Led by CEO Patricia Cook and founding chairman Brian Libman, Finance of America has been awfully busy ahead of the merger and IPO.

A Look Into GSE’s Equitable Housing Finance Plans

Appraisal Buzz

The post A Look Into GSE’s Equitable Housing Finance Plans appeared first on Appraisal Buzz.

Finance of America Launches New Loan Program

Appraisal Buzz

As more and more people look to add affordable housing to existing land, Finance of America Mortgage LLC, (FAM) has launched new loan product that will enable homeowners to refinance loans used to build accessory dwelling units to take advantage of current ultra-low interest rates.

GSEs to Submit Equitable Housing Finance Plans

Appraisal Buzz

The post GSEs to Submit Equitable Housing Finance Plans appeared first on DSNews. The post GSEs to Submit Equitable Housing Finance Plans appeared first on Appraisal Buzz.

Mortgage Finance Leaders Leveling the Field

Appraisal Buzz

The post Mortgage Finance Leaders Leveling the Field appeared first on DSNews. The post Mortgage Finance Leaders Leveling the Field appeared first on Appraisal Buzz. With the nation growing more diverse by the year, how can the housing industry adapt to meet borrower needs?

Finance of America Chief Product Officer: reverse mortgages ‘important’ to diverse product range

Housing Wire

Kathryn Amor, chief product officer at Finance of America Companies, spoke during the event’s mortgage purchase market panel about what Finance of America Reverse (FAR) beings to the table for the larger parent company. Uncategorized Finance of America Finance of America Reverse

Finance of America Cares Takes an Innovative Approach

Housing Wire

This collaboration has brought on the truest sense of community.” – Bill Dallas, president of Finance of America Mortgage. Finance of America employees join together in volunteering to make a positive difference. Finance of America Reverse employees in Tulsa, Okla.,

Structured Finance Association backs transition to SOFR

Housing Wire

With LIBOR slated to be phased out at the end of 2021 , industry trade group Structured Finance Association sent a letter this week to New York Gov. The post Structured Finance Association backs transition to SOFR appeared first on HousingWire.

People movers: realtor.com, Opendoor, Finance of America and FormFree

Housing Wire

Jim Anderson is joining Finance of America Mortgage , a national, full-service mortgage banker as chief marketing officer, bringing more than 20 years of marketing experience to the company.

Finance of America’s Patti Cook reflects on 45 years in the industry

Housing Wire

Finance of America CEO Patti Cook. In February, Finance of America CEO Patti Cook announced her retirement after a successful career in finance that spanned 45 years. How is Finance of America approaching what could be a difficult year for originators?

Jason Rudman Named Chief Customer Officer for Finance of America

Appraisal Buzz

The post Jason Rudman Named Chief Customer Officer for Finance of America appeared first on theMReport.com. The post Jason Rudman Named Chief Customer Officer for Finance of America appeared first on Appraisal Buzz.

FHFA Releases GSEs’ Equitable Housing Finance Plans for 2022-2024

Appraisal Buzz

The Federal Housing Finance Agency (FHFA) has released Fannie Mae’s and Freddie Mac’s Equitable Housing Finance Plans for 2022-2024. The plans are designed to complement the initiatives outlined in FHFA’s Strategic Plan: Fiscal Years 2022–2026, that promote Fannie Mae and Freddie Mac’s safety and soundness and foster housing finance markets that provide equitable access to affordable and sustainable housing.

Share of Non-Conventional Financing Down in 2021

Eyes on Housing

NAHB analysis of the 2021 Census Bureau Survey of Construction (SOC) data shows that, nationwide, the share of non-conventional financing for new home sales accounted for 28.8% of the market, while conventional financing dominated the market at 71.2%.

Kick-Starting D&I Initiatives in the Mortgage Finance Space

Appraisal Buzz

The post Kick-Starting D&I Initiatives in the Mortgage Finance Space appeared first on theMReport.com. The post Kick-Starting D&I Initiatives in the Mortgage Finance Space appeared first on Appraisal Buzz. Five Star’s Diversity and Inclusion Symposium assembled a number of D&I experts for a day of advancing the diversity conversation within the mortgage industry. Around The Web

FHFA Issues Equitable Housing Finance Plans for the GSEs

Appraisal Buzz

The post FHFA Issues Equitable Housing Finance Plans for the GSEs appeared first on DSNews. The post FHFA Issues Equitable Housing Finance Plans for the GSEs appeared first on Appraisal Buzz. Federal multi-year Plan drafted to outline initiatives geared toward the promotion of equitable and sustainable access to housing for all. Around The Web

Mortgage Tech Demo Day: Finance of America Mortgage

Housing Wire

Finance of America Mortgage. Finance of America Mortgage has served the rigorous demands and long-term needs of our customers for more than a quarter-century. The post Mortgage Tech Demo Day: Finance of America Mortgage appeared first on HousingWire.

ATTOM Names Tech-Savvy Veteran Finance Executive as CFO

Appraisal Buzz

The post ATTOM Names Tech-Savvy Veteran Finance Executive as CFO appeared first on theMReport.com. The post ATTOM Names Tech-Savvy Veteran Finance Executive as CFO appeared first on Appraisal Buzz.

Ginnie Mae Reports 288,000-Plus Homes Financed in May

Appraisal Buzz

The post Ginnie Mae Reports 288,000-Plus Homes Financed in May appeared first on DSNews. The post Ginnie Mae Reports 288,000-Plus Homes Financed in May appeared first on Appraisal Buzz.

Fannie Mae Promotes Finance Leaders Chryssa Halley and Jim Holmberg

Appraisal Buzz

The post Fannie Mae Promotes Finance Leaders Chryssa Halley and Jim Holmberg appeared first on Appraisal Buzz. Fannie Mae has picked Chryssa C. Halley as executive vice president and CFO.

What FHFA’s Living Will Rule Means for Housing Finance

Appraisal Buzz

The post What FHFA’s Living Will Rule Means for Housing Finance appeared first on theMReport.com. The post What FHFA’s Living Will Rule Means for Housing Finance appeared first on Appraisal Buzz.