Author name: Ricky Vasquez

Reverse Mastermind Summit kicks off with practical advice, choice words

Reverse mortgage professionals converged in Knoxville, Tennessee, this week for the inaugural Reverse Mastermind Summit — a three-day event designed to bolster the sales skills of industry newcomers by surrounding them with knowledge from industry veterans. The event opened Wednesday with remarks from three leaders behind the event — Loren Riddick of NEXA Lending, Shannon […]

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Donna Schmidt on leadership, longevity and navigating change in mortgage servicing

As part of HousingWire’s Editor’s Choice awards spotlight series, we’re spotlighting past Women of Influence honorees whose careers, leadership and insights continue to influence the industry. This series offers a closer look at the experiences and decisions that have shaped their paths. HousingWire reached out to Donna Schmidt, President and CEO of DLS Servicing and

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PennyMac Q1 earnings: Strong mortgage production offsets weaker servicing results

PennyMac Financial Services reported first-quarter net income of $82.3 million, or $1.53 per diluted share, as stronger mortgage production helped offset weaker servicing results tied to mortgage servicing rights valuation changes and hedging losses. The Westlake Village, California-based mortgage lender and servicer posted adjusted net income of $117.7 million, or $2.19 per diluted share, for

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