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Industry News
N
Neil Pierson
Oct 9
Benutech’s Brian Fox on a blind spot in reverse mortgage servicing
The company reviewed nearly 35,000 active loans, with more than 20% receiving poor or failing grades due to severe title discrepancies
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Industry News
M
Murrey McKee
Oct 9
Stop saying recapture
Lenders keep chasing customers they never gave a reason to stay
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Industry News
F
Flávia Furlan Nunes
Oct 9
Trump forms panel to investigate Fed’s Lisa Cook over mortgage fraud claims
The panel will hold a Nov. 5 hearing and could recommend her removal “for cause"
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Industry News
J
Jonathan Delozier
Oct 8
A real estate succession plan built over two decades
For business owners planning their own succession, overlap of institutional knowledge is invaluable
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Industry News
N
Neil Pierson
Oct 8
Proprietary reverse mortgages are helping clients in ways that HECM can’t
Mutual of Omaha wholesale leaders explained how SecureEquity is helping senior homeowners with obstacles to HECM qualification
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Industry News
F
Flávia Furlan Nunes
Oct 8
Better authorizes $30 million stock buyback
Plan comes as lender ramps up cost-cutting efforts and pursues a sale of its U.K. bank subsidiary
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Industry News
F
Flávia Furlan Nunes
Oct 7
HUD opens probe into Wells Fargo’s race-based mortgage programs
HUD says bank initiatives may violate the Fair Housing Act
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Industry News
F
Flávia Furlan Nunes
Oct 7
FICO to cut 15% of staff, reduce management layers
The move comes as regulators and large lenders are embracing competing credit score models
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Industry News
J
Jonathan Delozier
Oct 6
Seniors aren’t keeping up with their credit card debt. Reverse mortgages can help
As credit card and HELOC balances grow, reverse mortgages and their voluntary payment structures should be considered
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Industry News
F
Flávia Furlan Nunes
Oct 6
UWM moves to dual-score model, auto-selects best result
Lender will obtain both FICO and VantageScore on every credit pull
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Industry News
F
Flávia Furlan Nunes
Oct 6
Rocket Mortgage names Nicole Beattie chief servicing officer
Move comes as Rocket’s servicing book tops $2 trillion and 9.1 million loans
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Industry News
J
Jonathan Delozier
Oct 2
Why real estate agents are mentoring college athletes — and getting referrals
Student-athletes receive mentoring and complete requirements to become licensed real estate referral agents
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