The #TimesUp and #MeToo movements have swept across the U.S. as more women begin to stand up and say no more. Within the mortgage industry, the topic has been able to stand in the shadows, and no one really knows how common the behavior actually is. That is, until now.
Wire fraud victims have few options once they discover they’ve been had. But when minutes mattered, one Michigan homebuyer enlisted the help of a few friends—and made a recovery. In this play-by-play summary of a mortgage wire fraud, Thomas Cronkright walks through a timeline of a wire fraud, from discovery to resolution.
Day two, and the first full day of sessions, is off at the Mortgage Bankers Association Secondary conference in New York City. The MBA began its opening session Monday as Fox Business Network host Trish Regan interviewed MBA CEO Dave Stevens for a retrospect on his career in what will be Stevens’ last appearance on this stage.
The MBA Secondary mood is so…. Plus, Texas jobs are booming, with no end in sight. New York and San Francisco startups promise to find people to co-live with each other. Plus, Fannie and Freddie risk-sharing bond performance updated. And, this person claims to have single-handedly caused the housing crisis in California. Plus, even more.
In the most recent episode of “The Winner’s Circle”, HousingWire Editor-in-Chief Jacob Gaffney discusses a range of issues with Movement Mortgage CEO Casey Crawford, from how to increase black homeownership to how technology is changing mortgage lending. When asked about the application of artificial intelligence and automation in lending, Crawford said he anticipates that every tactical element is going to be automated but he reminds us that there is no replacement to human interaction.
The economy and housing market both look good as we head into, what should be, another robust summer home sales season. At HousingWire, our mission is Moving Markets Forward. To help our readers and clients continue to put buyers in homes, win market share and build successful businesses, we’re making some serious investments.
[Op-ed] Many Millennials are looking for a trustworthy bank, but will Wells Fargo’s scandalous headlines steer them away? As I approach independence, the bank I choose will set me up for failure or success. While many seem promising, I’m definitely hesitant about this one in particular.
How do Loan Officers set themselves apart and earn a share of today’s smaller business pie? We asked Julius Washington, executive licensed lending officer at Foothill Ranch, California-based loanDepot. As one of loanDepot’s top-performing LOs, Washington shared his perspective on what drives his personal success.
In this week’s edition of Ask the Underwriter, Dani Hernandez answers a query about student loan cash-out refinances, how they’re different from traditional cash-out refinance loans, and how to market the loans to your borrower.
Some background: Dan Green has been in mortgage lending way longer than I’ve been at HousingWire. His latest venture, Growella, has a very unique play: It uses YouTube to get the attention of Millennials. There are examples of the videos at the end of this article.