HousingWireHousingWire Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. Direct mail can help you stand out among cold callers and social media influencers. It’s an effective strategy to amplify your other prospecting activities. This article…
Continue reading →HousingWireHousingWire Government-sponsored enterprise Fannie Mae announced on Thursday the appointment of Scott D. Stowell, a homebuilding executive with nearly 40 years of industry experience, to its board of directors. “Mr. Stowell brings nearly 40 years of experience in the U.S. homebuilding industry to Fannie Mae’s accomplished and diverse board, which…
Continue reading →HousingWireHousingWire In second-quarter 2024, high home prices and soaring mortgage rates caused more homeowners to struggle with their loan payments. But data shows a slight recovery as mortgage delinquencies fell in the third quarter. That silver lining comes from the Mortgage Bankers Association (MBA)’s National Delinquency Survey. According to the…
Continue reading →HousingWireHousingWire Finance of America (FOA), the reverse mortgage industry’s leading lender, announced its third-quarter 2024 earnings results on Wednesday evening. It delivered adjusted net income of $15 million, or $0.67 per share. The company noted that Q3 2024 marked the fifth consecutive quarter of improved operating performance, including a recovery…
Continue reading →HousingWireHousingWire Guild Mortgage CEO Terry Schmidt said during a third-quarter earnings call on Wednesday that Guild’s reverse mortgage division continues to contribute to companywide strategies, and that additional interest in reverse has been observed. Guild’s current reverse lending division, built off its 2023 acquisition of Cherry Creek Mortgage, has expanded…
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