HousingWireHousingWire Reverse mortgage professionals encounter a variety of challenges when introducing product specifications to a prospective customer for the first time. These elements may include an explanation of how the loan proceeds work, clarifying the realities of negative amortization, or something as basic as communicating to a family member why…
Continue reading →HousingWireHousingWire What will happen to mortgage rates now that China and the U.S. have made progress in their trade war, agreeing to a 90-day period of lower tariffs? Stocks are up considerably this morning and bond yields have also increased. This raises the question: Is the de-escalation of the trade…
Continue reading →HousingWireHousingWire The Consumer Financial Protection Bureau (CFPB), which is undergoing significant changes under the Trump administration, has rescinded 67 guidance documents issued since 2011, including several that affect the mortgage industry. “Some of the withdrawn guidance was helpful to clarify regulations, which gave lenders certainty and could also be useful…
Continue reading →HousingWireHousingWire Roughly six months after leaving Side, Steve Capezza has landed at Anywhere Real Estate. Capezza will serve as Anywhere’s senior vice president of growth and M&A. He will report directly to Sue Yannaccone, the president and CEO of Anywhere Brands and Anywhere Advisors, according to an announcement on Monday….
Continue reading →HousingWireHousingWire The tit-for-tat trade war between China and the United States has deescalated for the first time since President Donald Trump took office, as the two countries announced Monday morning that they will temporarily lower their respective tariffs. The U.S. will drop its 145% tariff on China to 30%, while…
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