3 November 2017

Impac president Bill Ashmore stepping down after 22 years

Impac Mortgage Holdings announced recently that its long-time president, Bill Ashmore, will be stepping down this year after serving as president since 1995. According to Impac, Ashmore “intends to pursue other interests both personal and professional.” Source: Housing Wire News

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3 November 2017

Laura Hopkins named MBA director of strategic member relations

The Mortgage Bankers Association announced it added a new member to its leadership team. Laura Hopkins joins the association as director of strategic member relations. Source: Housing Wire News

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2 November 2017

Federal Reserve appoints new secretary of FOMC

As the Federal Open Market Committee’s current secretary looks to retire, the Federal Reserve Board announced his replacement, who will begin his new duties at the end of this month. The new secretary has been working in various positions with the board since 1989. Source: Housing Wire News

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2 November 2017

Fannie Mae CEO: We are now devoting attention to mortgage servicing tech

Fannie Mae CEO Tim Mayopoulos told HousingWire Thursday that Fannie Mae remains focused on trying to address frictions in the mortgage finance space. So what does all this mean? Fannie Mae is not just actively engaging with private vendors on the origination side. Indeed, the GSE intends to ramp up similar activities on the servicing […]

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1 November 2017

Q&A with Ron Terwilliger: How would you rate our nation’s housing policy?

Truth be told, we don’t have a coherent, strategic national housing policy. If there is a policy, it can be found in our spending priorities. HousingWire is working to try to fix that, and here’s how. Source: Housing Wire News

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31 October 2017

Stearns Lending appoints new leadership amid expansion

As the lender seeks to grow its presence across the U.S., Stearns Lending appointed three new vice presidents across various national regions. The company gives the background of each of its new leadership members, and a look inside their new responsibilities. Source: Housing Wire News

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31 October 2017

Industry advice: Homebuyer education benefits lenders, homeowners, and the industry

[Expert commentary] When borrowers who seemed promising don’t qualify, what can lenders do? Many are using homebuyer education to give these borrowers a positive path forward. Homebuyer education can help borrowers improve their credit score and understand the long-term commitments of homeownership. It’s up to all of us professionals to spread the word about this. […]

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30 October 2017

PHH promotes Madeline Flanagan to senior vice president and general counsel

PHH announced Monday that Madeline Flanagan will succeed William Brown as senior vice president and general counsel of PHH, effective Jan. 1, 2018. Brown is set to depart as part of series of leadership changes that included Robert Crowl replacing Glenn Messina as the company’s president and CEO. Source: Housing Wire News

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30 October 2017

Monday Morning Cup of Coffee: What will Amazon's new HQ do to home prices?

The deadline officially closed on applications to be the home of Amazon’s second headquarters. While the new headquarters is projected to create up to 50,000 new jobs, one negative side effect could be rising home prices for the city. Meanwhile, President Donald Trump is expected to announce next week who the much-anticipated Federal Reserve chair […]

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27 October 2017

NewDay USA announces two new leaders

National VA mortgage lender NewDay USA announced two new leaders. The lender hired Gaurav Bhatia as its new chief digital officer and Michael Greenwood as senior vice president of mortgage servicing. Source: Housing Wire News

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27 October 2017

Mortgage lenders: Here's your blockchain primer

Blockchain is one of the more exciting – and often misunderstood – technologies being explored today. It offers the ability to record and track transactions in a decentralized database. Blockchain has the potential to change the game in the financial services industry by not only speeding up and providing complete visibility into financial transactions, but […]

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26 October 2017

Amazon wants to put a camera in your home and keep the recordings

Here’s how it works, Amazon authorizes the delivery by unlocking the smart lock and turning on the internal camera. The camera records the delivery, you can watch it later. Plus the equipment doubles as a security system. What could go wrong? Source: Housing Wire News

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