HousingWireHousingWire As 2025 approaches, state-funded down payment assistance (DPA) programs are helping veterans, service members and surviving spouses achieve their dreams of homeownership. This comes from a new survey by Down Payment Resource — a nationwide database designed to connect prospective homebuyers to financial assistance opportunities. The study analyzed DPA…
Continue reading →HousingWireHousingWire Digital mortgage exchange platform and loan aggregator MAXEX announced on Tuesday the hiring of mortgage technology veteran Daniel Wallace as its new chief operating officer. Wallace brings more than 30 years of experience as a leader of tech-focused mortgage, asset management and capital market platforms. Bill Decker, MAXEX president…
Continue reading →HousingWireHousingWire Finance of America (FOA), the leading reverse mortgage lender, presented a robust outlook last week in its third-quarter 2024 earnings and is aiming to hit the ground running with business in 2025. While the reverse industry has faced unique headwinds over the past couple of years, the company is…
Continue reading →HousingWireHousingWire Cornerstone Financing, a venture co-founded by former Reverse Mortgage Funding (RMF) CEO Craig Corn, has secured $285 million in financing through global investment firms Aquiline Capital Partners LP and Nomura. The funding will go to support the company’s specialty home equity-tapping product known as the Cornerstone Home Equity Insurance/Investment…
Continue reading →HousingWireHousingWire One month into her presidency, Mexican President Claudia Sheinbaum announced a new initiative to address her country’s housing deficit by building 1 homes and offering zero-interest mortgages, a development first reported by Newsweek. The program is designed to support vulnerable groups, including female-led households, young people, Indigenous communities and…
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