Mortgage Media

The shocks that hit the credit markets in mid-March had already caused disruptions to the non-QM segment – these were however compounded when the last two of the large investors Angel Oak and Citadel also bowed out. Many lenders not only stopped new loans, but also had to pull loans from the pipeline.  However, not […] The post Where in the World is Non-QM? A Mortgage Media Discussion with Robert Senko of ACC Mortgage appeared first on Mortgage Media.

Efforts are being made to increase homeownership among African American families by an organization called the UHOUSI Initiative, a group led by prominent African American faith-based and civil rights leaders aiming to increase responsible homeownership. Sponsored by Chenoa Fund, UHOUSI Initiative is hosting a webinar on May 21 called COVID-19 – What to Do About […] The post African American Homeownership Challenges Subject of Upcoming Webinar appeared first on Mortgage Media.

This week, David Matthews and David Lykken look at Glacial Technology Adoption in the Mortgage Industry. Here’s a “roadmap to their rambling conversation”, as Dave One called it (you can guess which is One and which is Two). Almost 20 years to come up with data standards to facilitate closings.  Why? State laws and regional […] The post Two Daves: Glacial Technology Adoption in the Mortgage Industry appeared first on Mortgage Media.

Chris Whalen doesn’t hold back when analyzing the government’s actions during this pandemic. Whalen, an investment banker and author and Chairman of Whalen Global Advisors, talked with Mortgage Media’s Eric Souza about a number of the issues facing the residential lending market. Here are some of Whalen’s comments from their conversation. You can listen to […] The post Chris Whalen on How to Limit the Damage to the System appeared first on Mortgage Media.

Ginnie Mae’s Principal Executive Vice President Seth Appleton talked with Mortgage Media’s Eric Souza this morning, giving updates on what the agency is doing to meet its objectives while facing the challenges of the COVID-19 pandemic. Their conversation covered how Ginnie Mae pivoted its Disaster Aid Plan to fit the current crisis; the implementation of […] The post Seth Appleton on Implementation of Ginne Mae’s Key Objectives appeared first on Mortgage Media.

A recent report authored by Rick Sharga using data from First American DataTree examined how housing has fared and recovered from past pandemics, and finds signs for optimism in recovery. Sharga, the founder of consulting firm CJ Patrick Company, talked about the report, and how housing has performed better than the overall economy. The only exception […] The post Housing Data From Past Pandemics Offer Hope for Recovery appeared first on Mortgage Media.

With unprecedented challenges facing the housing industry, it is somewhat of a relief that the Federal Housing Administration is led by someone with experience in navigating crises. Brian Montgomery, Assistant Secretary for Housing and Federal Housing Commissioner, is no stranger to crises. He was serving in the White House and traveling with President George Bush […] The post FHA Commissioner Montgomery, No Stranger to Crisis, on Navigating Borrowers Through the Pandemic appeared first on Mortgage Media.

Jonas Moe, Senior Vice President of Marketing and Market Strategy at Ellie Mae and Erica Bigley, Vice President of Corporate Communications and Branding, who is also on the Crisis and Disaster Response Team, spoke with Eric Souza from Mortgage Media to discuss some of the current events happening in the world, including the cancellation of […] The post Ellie Mae Pivots, Going Virtual with Experience and Workforce appeared first on Mortgage Media.

Mortgage lenders are facing unprecedented questions with the outbreak of COVID-19. While the stock market is in tumult and uncertainty is roiling, mortgage rates have again fallen to historic lows. David Stevens, former US Assistant Secretary of Housing, and former CEO of the Mortgage Bankers Association, shared his advice with Mortgage Media on what lenders […] The post What Should Lenders Be Doing as Coronavirus Roils Economy? appeared first on Mortgage Media.

Tom Wilkins recently sat down with Brian Madocks of eOriginal to talk about the mortgage industry’s adoption of digital transactions, weathering a potential market downturn, and the competitive landscape for his business, which recently launched ClosingCenter with the goal to Make Digital Mortgages Simple. Tom Wilkins: This is Tom Wilkins from Mortgage Media, and I’m […] The post Brian Madocks: Digital Transactions Yield Enormous Benefits appeared first on Mortgage Media.

Tom Wilkins of Mortgage Media was in Austin at the MBA Annual Conference and talked with Nicole Booth, Vice President of Public Policy of Quicken Loans, the nation’s largest online home lender. Nicole joined Quicken Loans August 2012, and leads the 50 state branch of the Government Affairs team. She discussed a variety of topics […] The post Nicole Booth: Quicken’s Take on Privacy, Security and Fintech appeared first on Mortgage Media.