Mortgage

Despite new veteran partial claim bill, some advocates call for VASP revival

Department of Veterans Affairs, House of Representatives, HWmember, Legislation, Mortgage, National Consumer Law Center, National Fair Housing Alliance, Senate, Servicing, Veterans / Ricky Vasquez

Housing issues for U.S. veterans continue to be a major topic of conversation among housing advocates and lawmakers. Despite Monday’s passage of a bill to establish a partial claim option for veterans, some are still calling for the reinstatement of the Veteran Affairs Servicing Purchase (VASP) program. VASP was started last year under the Biden […]

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Mortgage rates remain close to 7%, but there are positives for housing

Altos, Bob Broeksmit, First American, HWmember, Mortgage, Mortgage Bankers Association, Mortgage Rates, Mortgage Rates Center, Origination / Ricky Vasquez

Mortgage rates rose in the past week, but even as they remain close to 7%, there’s little evidence to suggest they’ll move much higher and further constraint housing affordability. On Tuesday, 30-year conforming rates averaged 6.93% while 15-year conforming rates averaged 6.76%, according to HousingWire’s Mortgage Rates Center. In comparison, these figures stood at 6.88%

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What’s the goal of ending the Fannie and Freddie conservatorship?

Fannie Mae, Freddie Mac, GSE Reform, GSEs, HWmember, Mortgage, Mortgage Bankers Association, Regulatory / Ricky Vasquez

The government-sponsored enterprises (GSEs) have been under the conservatorship of the federal government since the 2008 financial crisis, and for some time now many in the mortgage industry have thought this should end. But what is the goal of ending the conservatorships for Fannie Mae and Freddie Mac? GSE reform was up for debate at

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Rocket has regionalized consumer direct channel

HWmember, LendingLife, Mortgage, Mr. Cooper, Origination, Redfin, Rocket Companies, Rocket Mortgage / Ricky Vasquez

Rocket Companies, traditionally known for its call center model, is diversifying its channel strategy amid its deals to acquire Redfin and Mr. Cooper, according to Chief Operating Officer Heather Lovier. “When we think about how we’re diversifying, obviously, Rocket is very consumer-direct — we have our direct-to-consumer channel. But we’re also diversifying in the field

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Bill Pulte is putting ‘obese’ Fannie and Freddie ‘on the treadmill’

Bill Pulte, Conservatorship, FHFA, HWmember, Mortgage, Politics / Ricky Vasquez

It won’t be Federal Housing Finance Administration (FHFA) Director Bill Pulte or Treasury Secretary Scott Bessent making the decision about removing Fannie Mae and Freddie Mac from conservatorship. That’s entirely up to President Trump, Pulte told Mortgage Bankers Association Chair Laura Escobar in a freewheeling conversation at the MBA Secondary Mortgage Marketing conference in New

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America’s top reverse mortgage professional practices what he preaches

Contributors, HWmember, Mortgage, Reverse / Ricky Vasquez

When George Vrban recently took out a reverse mortgage himself, some eyebrows were raised. But his decision wasn’t born out of financial desperation — it was part of an overall strategic retirement plan. George Vrban, a name synonymous with expertise and trust in the reverse mortgage industry, reached a personal and professional milestone by obtaining

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House passes bill to give VA borrowers a partial mortgage claim option

Department of Veterans Affairs, House of Representatives, HWmember, Legislation, Mortgage, Mortgage Servicing, PennyMac, Politics, Servicing, VA Loan, Veterans / Ricky Vasquez

Following about 20 minutes of debate on the floor of the House of Representatives on Monday, H.R. 1815 — known as the V.A. Home Loan Program Reform Act — was passed by voice vote and will now be given to the Senate for additional debate. The passage by the House keeps the bill moving through

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Joe Gormley addresses pesky rumors about Ginnie Mae

Cybersecurity, Delinquencies, DOGE, Ginnie Mae, Government Lending, HWmember, LendingLife, Mortgage, Mortgage Bankers Association / Ricky Vasquez

What you might have heard about Ginnie Mae is simply rumor, according to Joe Gormley, the government-owned company’s executive vice president and chief operating officer. Gormley says that Ginnie Mae has adequate staffing to fulfill its mission, has no plans to shrink the size of issuers and furthermore is happily accepting new issuers. In a

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Lending beyond limits: eRESI’s perspective on the future of Non-QM loans

eResi, Mortgage, Mortgage Rates, Non-QM, Origination, Sponsored / Ricky Vasquez

Non-QM (Non-Qualified Mortgage) lending has become essential to today’s mortgage landscape, providing solutions for creditworthy borrowers who fall outside traditional lending criteria. Gregory Tsang is the Chief Executive Officer and co-founder of eRESI, a Non-QM correspondent whole loan investor offering both Delegated and Non-Delegated options. Co-founded in 2019 alongside President Tim Wang, eRESI was created

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Erin Wester on simplifying capital markets technology and what lenders should expect from their tech partners

Mortgage, Optimal Blue, Secondary market, Sponsored, Technology / Ricky Vasquez

HousingWire recently sat down with Erin Wester, Optimal Blue’s chief product officer and a 2024 HousingWire Women of Influence honoree, to discuss how lenders can simplify capital markets operations and improve profitability with the right technology partner. Sarah Wheeler: Capital markets is often viewed as the most complex part of mortgage lending. Do you believe

Erin Wester on simplifying capital markets technology and what lenders should expect from their tech partners Read More »

Despite new veteran partial claim bill, some advocates call for VASP revival

Mortgage rates remain close to 7%, but there are positives for housing

What’s the goal of ending the Fannie and Freddie conservatorship?

Rocket has regionalized consumer direct channel

Bill Pulte is putting ‘obese’ Fannie and Freddie ‘on the treadmill’

America’s top reverse mortgage professional practices what he preaches

House passes bill to give VA borrowers a partial mortgage claim option

Joe Gormley addresses pesky rumors about Ginnie Mae

Lending beyond limits: eRESI’s perspective on the future of Non-QM loans

Erin Wester on simplifying capital markets technology and what lenders should expect from their tech partners

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