HousingWireHousingWire The Mortgage Industry Standards Maintenance Organization (MISMO)’s dedicated reverse mortgage development work group is targeting January 2025 as the release window for reverse mortgage standards it is helping to develop. Industry professionals hope these standards can go a long way toward normalizing reverse mortgage products within the mainstream lending…
Continue reading →Former U.S. Sen. Kelly Ayotte speaks as former Manchester Mayor Joyce Craig and debate moderator Scott Spradling look on during the 2024 New Hampshire gubernatorial debate at Saint Anselm College. (Photo by Trisha Nail) The Oct. 24 gubernatorial debate hosted by the Greater Manchester Chamber continued in the same vein…
Continue reading →HousingWireHousingWire I have attended several industry events recently and so many of the discussions continue to focus on the short game—top of funnel. I find myself wondering after all these years and despite abundant real estate tech innovations to support the entire buyer/seller lifecycle, are we stuck as an industry…
Continue reading →HousingWireHousingWire The mortgage industry has long been promised a technological revolution to streamline workflows, reduce operational costs, and enhance efficiency. Yet, despite significant investments in new technologies, the cost to originate loans has dramatically increased. Companies still grapple with cyclical hiring and firing, and the anticipated return on investment (ROI)…
Continue reading →HousingWireHousingWire The most challenging period for the mortgage industry appears to be in the rearview mirror, as the Mortgage Bankers Association (MBA) forecasts $2.3 trillion in origination volume for 2025—representing a robust 28.5% growth over 2024. “We are in a much better place now than a year ago. Let’s keep…
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