The head of operations at the Federal Housing Finance Agency and two C-suite leaders at the government-sponsored enterprise are out, according to Semafor. https://www.nationalmortgagenews.com/news/freddie-mac-fhfa-top-execs-reportedly-fired
Uncategorized
Changes occur at the top in HECM endorsement volume
A year that saw businesses express growing interest in the segment ended with a more subdued outlook due to interest rate trends, according to a new report. https://www.nationalmortgagenews.com/news/reverse-mortgage-market-sees-new-hecm-leader
Home equity investment firms unite amid regulation shift
The consortium of businesses intends to work with state regulators to protect consumers as interest from secondary market investors also grows. https://www.nationalmortgagenews.com/news/home-equity-investment-platforms-establish-new-collective
Rocket’s Super Bowl sing-along looks to ‘Own the Dream’
Looking to recreate the buzz from its 2016 ad, Rocket leads spectators at the Superdome into a live version of 'Take Me Home Country Roads' during the big game. https://www.nationalmortgagenews.com/news/rockets-super-bowl-sing-along-looks-to-own-the-dream
Loandepot sees earnings dip as CEO Frank Martell exits
The Irvine, California-based firm reported a net loss of $67.5 million in the fourth quarter. https://www.nationalmortgagenews.com/news/loandepot-sees-earnings-dip-as-former-ceo-makes-his-return