HW+ provides career-making insights and analysis for those in Mortgage, Real Estate and FinTech. This long-form digital content provides members with news nowhere else and digs deeper into the “why” behind the daily news cycle. To join the HW+ community, click here.
Rithm closes non-QM securitization, issues $500M debt offering
Rithm Capital announced the closing of a $504 million securitization backed by nonqualified mortgages serviced by its subsidiary Newrez.
How AI is powering the new real estate pipeline
Conventional marketing is on life support; bloated email blasts, generic landing pages, lead forms no one fills out. They’re not just outdated. They’re invisible to the modern consumer.
Today, people crave relevance, not reach. They want conversations, not campaigns.
Longbridge’s Bill Packer on crafting AI that’s inclusive of seniors
Longbridge COO Bill Packer talks about inclusive AI use for older users and customers as the company develops its tools.
CFPB issues info request for mortgage closing costs in assault on ‘junk fees‘
The CFPB seeks to gauge the impact that certain fees have on both consumers and mortgage lenders, with comments due by Aug. 2.
Republicans tell FHFA they oppose Freddie Mac’s closed-end second mortgage proposal
The document, signed by dozens of Republican lawmakers, states that new product would exacerbate inflation and increase risks to taxpayers
‘Not HELOC. Not piggyback.’ Freddie Mac exec defends new product proposal amid resistance
Freddie Mac’s head of single-family acquisitions, Sonu Mittal, said the proposed product is an alternative to cash-out refinances.
Understanding Realogy’s stance on commissions
Recent comments by Coldwell Banker CEO Ryan Gorman on buyer agent commissions raise more questions than answers.
A closer look at housing markets across the country
What’s happening in the Honolulu, Hawaii housing market? According to one agent, rich “mainland” residents have replaced international buyers, who are restricted in their travel amid the pandemic.
The big short in housing supply isn’t going away
Mark Fleming, chief economist for First American, examines the housing market’s supply-demand imbalance.
