Fannie Mae releases updates on leasehold estates, manufactured homes, fraud prevention by Chris Clow for HousingWire

HousingWireHousingWire The newly-updated Fannie Mae Selling Guide for November has aimed to modernize special property eligibility and underwriting considerations for leasehold estates, and it has revised the government-sponsored enterprise (GSE)’s project review requirements for properties secured by manufactured homes. The Selling Guide has also updated requirements “related to the market…

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Longbridge parent posts softer Q3 earnings while touting proprietary reverse performance by Chris Clow for HousingWire

HousingWireHousingWire Ellington Financial, the parent company of top-five reverse mortgage lender and servicer Longbridge Financial, saw its net income attributable to common stockholders fall in the third quarter of 2024 to $16.2 million — down from $52.3 million in Q2 — but company leaders said that the proprietary reverse mortgage…

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Ginger Bell and Fobby Naghmi on leadership deficits in the mortgage industry by Kennedy Edgerton for HousingWire

HousingWireHousingWire In the latest episode of the Power House podcast, host Diego Sanchez sits down for a group chat with Fobby Naghmi, senior vice president at Homecomings Mortgage & Equity, and Ginger Bell, founder of Edumarketing. The conversation covers Bell’s and Naghmi’s co-authored real estate and mortgage guidebook “Leadership Matters,”…

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