General World News

Australia, New Zealand-based reverse pros share insights

Posted on

Reverse mortgage industry conferences are often seen as an effective way for professionals to meet up, discuss best practices from across their markets and assess the regulatory environment at entities like the Federal Housing Administration (FHA) and within the states. Occasionally, U.S.-based reverse professionals also get the opportunity to connect with practitioners in other parts […]

General World News

ICE adds AI search tool to compliance platform AllRegs

Posted on

ICE Mortgage Technology has released Ask Regi, an AI-assisted search tool for its AllRegs platform that helps users quickly find regulatory guidance using conversational queries in addition to traditional keyword searches. The mortgage technology company said Ask Regi is designed to streamline response times “by delivering precise search result summaries of complex questions applied to AllRegs, […]

General World News

Independence Home Loans hires Gil Arbitsman as CFO

Posted on

Independence Home Loans (IHL) tapped Gil Arbitsman for the role of chief financial officer where he will oversee IHL’s financial and long-term growth strategy. His leadership will play a key role in optimizing financial performance and enhancing the company’s operational efficiencies Arbitsman, who has more than 20 years of experience in the financial services sector, […]

General World News

Stavvy integrates with Encompass Partner Connect platform

Posted on

Boston-based fintech Stavvy announced a new integration using the latest Encompass Partner Connect Application Programming Interface (API) framework from Intercontinental Exchange (ICE) for mortgage technology. In an exclusive interview with HousingWire, Kosta Ligris, CEO and founder of Stavvy, explained that the news is the official transition from ICE’s legacy Software Development Kit (SDK), which ICE […]

General World News

Saturday Night Live celebrates 50 years

Posted on

“Saturday Night Live” has been a staple of American television comedy for 50 years, launching stars and shaping culture. On Sunday night, fans and famous alumni gathered in New York City to celebrate this milestone. Aron Ranen reports from the Big Apple. details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: VOANews.Com

General World News

‘Conclave’ leads the pack, ‘Emilia Perez’ faces test at Britain’s BAFTA film awards

Posted on

London — Stars including Cynthia Erivo, Hugh Grant, Ariana Grande, Lupita Nyong’o, Timothee Chalamet and Saoirse Ronan walked the red carpet at London’s Royal Festival Hall for the awards, known as BAFTAs. The prizes are closely watched for clues about who will triumph at Hollywood’s Academy Awards on March 3, in an unusually hard-to-call awards season. […]

General World News

Iran’s early recordings revive forgotten sound heritage

Posted on

TEHRAN, IRAN — In a century-old building in Tehran, Saeed Anvarinejad turned the dial of a vintage radio to tune into some of Iran’s earliest recorded sounds, some serving as reminders of the seismic changes that shaped the country’s history. Along with a team of fellow enthusiasts, he spent months tracking down the earliest recordings of […]

General World News

MISMO announces 2025 board of directors

Posted on

MISMO, the real estate finance industry’s standards organization, on Thursday announced its board of directors for 2025. “MISMO brings key problem solvers together to collaborate on critical issues in the mortgage industry,” said Bob Broeksmit, president and CEO of the Mortgage Bankers Association (MBA), which oversees MISMO. “I welcome this talented group of industry executives […]

General World News

What is Trump’s true plan for the CFPB?

Posted on

The nomination of Jonathan McKernan to lead the Consumer Financial Protection Bureau (CFPB) suggests that, despite the “delete” rhetoric around the bureau, the consumer watchdog isn’t going to be de-fanged and sent to the kill shelter just yet. McKernan, a well-respected, veteran financial regulator with prior stints at the Treasury Department, Federal Housing Finance Agency […]

General World News

Kiavi lands another $300M in its latest RTL securitization

Posted on

San Francisco-based private lender Kiavi announced on Thursday that it has secured $300 million in capital after another securitization of its residential transition loans (RTLs). As the 21st transaction made under the company’s LHOME Mortgage Trust, Kiavi’s total volume of notes offered sits at $5.8 billion since 2019. Kiavi reported that the offered notes were […]

General World News

Meet Jonathan McKernan, the next director of the consumer watchdog his colleagues want ‘deleted’

Posted on

Jonathan McKernan’s nomination to be the next permanent director of the Consumer Financial Protection Bureau (CFPB) didn’t come out of left field, but it still surprised many housing finance insiders given all that’s happened at the consumer watchdog over the last two weeks. McKernan’s nomination came on the heels of Elon Musk‘s baby-faced DOGE lieutenants […]

General World News

Freddie Mac reports strongest earnings since 2021

Posted on

Freddie Mac recorded a net income of $3.2 billion for Q4 2024 and $11.9 billion for the full year 2024, it reported this morning. The full-year net income figure marked an increase of 13% from 2023. Comprehensive income increased 11% from 2023 to $11.9 billion. In its earnings call, Freddie Mac’s Executive Vice President and […]

General World News

Optimal Blue: Mortgage refinances jump despite higher rates

Posted on

Loan locks for refinances rose more than 20% year over year while purchase lock counts saw a 6% decrease, according to Optimal Blue‘s January 2025 Market Advantage mortgage data report released Thursday. Purchase lock volume climbed 16% from December, but year-over-year counts – which control for home-price appreciation – were down 6%. That marked the […]

General World News

loanDepot enhances home equity access with two new product options

Posted on

California-based mortgage lender loanDepot on Wednesday announced the expansion of its equityFREEDOM portfolio to provide nearly 50 million U.S. homeowners with access to their tappable home equity. The expansion adds 10- and 30-year fixed-term options to the company’s existing 20-year fixed-rate home equity loan, which the company has designed as complements to its first-lien and […]

General World News

Russian fashion designer’s skirts portray life struggles of immigrant women 

Posted on

Russian-born fashion designer Dasha Pomeranz tells stories with the clothing she creates. Her latest collection is a tribute to women who were forced to leave their native countries and start new lives in the United States. Karina Bafradzhian has the story. (Videographer: Sergii Dogotar ; Produced by: Sergii Dogotar, Anna Rice   )  details ⇒ BusinessMediaguide.Com portal received […]

General World News

Slightly lower mortgage rates fuels strong refi activity

Posted on

Mortgage applications increased 2.3% on a seasonally adjusted basis in the latest MBA survey. This follows the prior week’s 12% increase in refinance applications, which marked the strongest refi week in months. The Mortgage Bankers Association‘s market composite index increased 6% on an unadjusted basis compared with the previous week. Continuing a strong streak was […]

General World News

The playbook for a rookie loan officer: What I’m telling my son before his first year

Posted on

Entering the mortgage industry as a loan officer can be both exciting and overwhelming. With a 100% commission-based structure, success isn’t guaranteed — it’s earned. The first year is crucial for developing the habits, relationships, and skills that lay the foundation for long-term success. I’ve spent years in the industry, and as my son prepares […]

General World News

Mortgage credit availability jumped 2.5% in January

Posted on

Mortgage credit availability ramped up in January, according to a report released Tuesday by the Mortgage Bankers Association (MBA) that analyzed data from ICE Mortgage Technology. The MBA’s Mortgage Credit Availability Index (MCAI) increased by 250 basis points (bps) on a monthly basis to 99.0 in January 2025. By comparison, the index rating was 92.7 […]