HousingWireHousingWire Following the devastation wrought by Hurricane Helene last year, a recovery action plan needed to access more than $1 billion in federal assistance has been approved by the U.S. Department of Housing and Urban Development (HUD), the office of North Carolina Gov. Josh Stein (D) announced on Friday. The…
Continue reading →HousingWireHousingWire In walking back policies designed to boost participation in foreclosed property sales for nonprofit and government bodies, the Federal Housing Administration (FHA) said that policies put in place in 2022 that restrict certain sales to these entities for a 30-day period have produced “mixed results at best” and will…
Continue reading →HousingWireHousingWire During last week’s earnings call, PennyMac Financial Services chairman and CEO David Spector said during a Q&A with investors and analysts that the company’s goals include continued growth in its broker direct channel and 10% market share by the end of 2026 — a goal of more than 100%…
Continue reading →HousingWireHousingWire This year brought significant change for ICE Mortgage Technology. The company made a major shift within its Encompass loan origination system (LOS). ICE shelved its SDK technology in favor of Encompass Partner Connect (EPC), which utilizes a modern application programming interface (API). In this executive conversation, Nancy Alley, Vice…
Continue reading →HousingWireHousingWire Texas-based analytics and decision management company LENDEM Solutions announced that Krish Dhokia, a former mortgage marketing leader at Kind Lending and Fairway Independent Mortgage Corp., has been hired as its new chief marketing officer. Dhokia shared the news over the weekend via LinkedIn. “LENDEM empowers organizations to make smarter…
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