Bringing more than 35 years of financial services experience to his new role, John Erickson becomes the 10th member of National MI’s Board of Directors.
Most Recent Articles
Waterstone Mortgage Promotes New CFO
Jim Harper brings 25-plus years of experience to his new role overseeing corporate accounting functions for the national mortgage lender. The post Waterstone Mortgage Promotes New CFO first...
Mr. Cooper Group Announces Senior Leadership Changes
Key changes to the executive team at the home loan servicer will drive the company’s digital-first strategy and AI-powered home loan solutions. The post Mr. Cooper Group Announces Senior...
Hispanic Homeowners Reduce the Home Value Gap
"Homeownership stands as a cornerstone for building wealth, yet systemic barriers have unfairly hindered many people of color from acquiring homes valued comparably to those of their white...
City Neighborhoods and Suburbs Thriving Post-Pandemic
“The clearest finding we can show today is that American cities are strong, alive, and growing. Some parts of cities, downtown areas indexed to office workers, in particular, have struggled,” said...
CFPB Unveils Highly Anticipated Updates to Regulation X
Attorney Robert D. Forster II explains the CFPB’s proposed regulatory amendment aimed at the obligations of mortgage servicers in assisting borrowers prior to initiating foreclosure...
Fannie Mae Executes Sixth CIRT of the Year
Fannie Mae has announced its latest transaction, consisting of nearly 20,000 single-family mortgage loans, transferring millions of mortgage credit risk to private insurers and reinsurers. The...
‘Extra Stale’ Listings Linger On Market as Home Sales Slip
“We usually see home sales pick up when mortgage rates fall, but this year we are seeing the opposite—sales are dropping and homes are sitting longer on the market,” said Sheharyar Bokhari, Senior...
Housing Market ‘Flirts With Recession’
While rising mortgage rates often precede housing slumps, they don't always trigger broader economic downturns. Economist Odeta Kushi explores this nuanced connection in her latest report. The...
HUD Expands Housing Counseling Services
"These initiatives make it easier for households to access the assistance they need to navigate the homebuying process or to secure safe, affordable and stable housing,” said Federal Housing...
Pending Sales Dip as Buyers Play the Waiting Game
According Redfin, some would-be house hunters are holding off to see the outcome of the presidential election, while others are delaying their purchase in hopes that interest rates would drop even...
Homeownership Expenses Spike Across U.S.
The driving costs associated with owning a home account for more than 30% of the average national salary, according to new CoreLogic data; however, this percentage decreases when mortgage rates...
Reggora Adds New Director of Business Development
Appraisal management software provider adds AJ Samadani as Director of Business Development and Partnerships, bringing two decades of industry experience to his new role. The post Reggora Adds New...
GAO Issues Study on U.S. Homelessness
The new report finds that older adults can encounter barriers when accessing homelessness assistance programs, as well as examining federal solutions to address the issue. The post GAO Issues...
The Week Ahead: Ginnie Mae and HUD to Host Mortgage Market Resilience Summit
Ginnie Mae and HUD will partner on an upcoming event exploring the intersection between liquidity for mortgage lenders, servicers, and mortgage-backed securities (MBS) Issuers, and the...
September Asking Rents Jumped as Mortgage Rates Dropped
The typical U.S. asking rent ticked up year-over-year in September, according to a recent Redfin report that revealed which major metros are experiencing the largest increases, despite the fact...
Former Venmo and PayPal Executive Joins Rocket Companies
Papanii Okai joins Rocket Companies as EVP of Product Engineering to work with senior technology leaders to create AI-driven offerings. The post Former Venmo and PayPal Executive Joins Rocket...
Q3 Foreclosure Activity Snapshot
“Moving forward, we anticipate foreclosure levels will stay relatively low, but there could be localized increases in areas struggling with affordability or other market pressures,” said Rob...
HUD Provides Support to Victims of Hurricane Helene
The U.S. Department of Housing & Urban Development (HUD) has announced $3 million for the state of North Carolina to support people experiencing homelessness in communities impacted by Hurricane...
Recent Rate Drop Drives YoY Surge in Rate-and-Term Refi Activity
New Optimal Blue data showed that, as a result of the Federal Open Market Committee's (FOMC) latest rate cut, rate-and-term refinance activity spiked significantly year-over-year, while overall...
Bayview Asset Management Appoints Head of CRE Debt
Andrew Smith named Managing Director, Head of Commercial Real Estate (CRE) Debt, bringing more than two decades of real estate debt and securities to the new role. The post Bayview Asset...