HousingWireHousingWire The Federal Reserve did something this week it hadn’t done in more than four years when it lowered the federal funds rate by half a percentage point. But for mortgage industry professionals hampered by fewer sales opportunities since the Fed’s streak of rate hikes began in March 2022, will…
Continue reading →HousingWireHousingWire A top luxury agent in New York City has left Official Partners. Compass announced the hiring of Jared Schwadron this week, poaching him from the troubled brokerage founded by Tal and Oren Alexander. Schwadron has more than $1 billion in sales over a 15-year career that includes stops in…
Continue reading →HousingWireHousingWire The National Reverse Mortgage Lenders Association (NRMLA), the reverse mortgage industry’s leading trade association, is preparing to host its 2024 Annual Meeting and Expo on Sept. 24-26 in San Diego. The event is typically the largest, most expansive meeting for a wide variety of reverse mortgage professionals. It also…
Continue reading →HousingWireHousingWire Federal Housing Administration (FHA) Commissioner Julia Gordon thinks that more U.S. Department of Housing and Urban Development (HUD)-approved housing counselors should be trained to work with Home Equity Conversion Mortgage (HECM) borrowers, according to perspectives she shared this week during an online housing conference hosted by HUD. The news,…
Continue reading →Randy Pierce, who became blind as an adult, talked about finding “vision beyond sight.” Dan Habib, whose son was born with a mitochondrial disorder, talked about “disabling segregation.” Shanita Williams, who was taken aback when a work colleague misinterpreted her facial expression during a meeting as a negative response, talked…
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