As was alluded to in June, the FHA late last week published a fully revised version of their “waterfall” loss mitigation options for borrowers coming to the end of their forbearance period. In order to streamline the process, the administration is scrapping their old waterfall … Continue readingFHA Introduces Simplified COVID-19 Recovery “Waterfall”
SALT LAKE CITY–(BUSINESS WIRE)–Bridge Investment Group Holdings Inc. (NYSE: BRDG) today announced that it will release its second quarter 2021 financial results after the close of the market on Tuesday, August 10, 2021. Management will host a conference call the morning after the release on … Continue readingBridge Investment Group Announces Date of Second Quarter 2021 Earnings Release and Conference Call
It is rare to see a regulator so afraid of its own programs as we are witnessing at Ginnie Mae. In an alarming move, Ginnie Mae has unleashed a plan that, if implemented, will significantly alter the mortgage markets and raise costs on loans that … Continue readingWhy is Ginnie Mae attacking nonbanks?
The 2021 RealTrends Gathering of Eagles real estate conference captured our attention when the role and future of the real estate transaction process for a homebuyer were lively debated. Big players such as Zillow, Redfin, Compass… etc. claim dominance. We examine the need for complete … Continue readingThe homebuyer journey is changing – So should you
While the reverse mortgage industry has seen strong business numbers for most of the past year with endorsements largely staying above 4,000 loans a month, the amount of Home Equity Conversion Mortgage (HECM)-to-HECM refinance transactions being done alongside other market factors frankly outside of the … Continue readingStrong refi business, low rates aren’t growing reverse mortgage audience
Keller Williams is launching the KW New Homes community and partnering with Legacy International to offer new home sales training to address the increasing opportunity in the market. Keller Williams (KW), is collaborating exclusively with Legacy International, an international sales and marketing company, to offer … Continue readingKeller Williams launches KW New Homes Community