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Ginnie Mae names Joseph Gormley as EVP and COO 

Ginnie Mae announced the appointment of a veteran housing official from the first Trump administration to fill key leadership roles.

Texas senator urges DOJ investigation of Muslim-led real estate development 

Sen. John Cornyn is calling for investigation of a real estate development near Dallas, saying that it may violate the rights of non-Muslims.

American Financial Resources appoints new CEO and COO 

Robert Pieklo and Michael Brenning have helped to lead the company since its acquisition last year by Proprietary Capital.

The secondary market comes to the rescue…again 

In 2020, the secondary market played a pivotal role. In the year ahead, it remains to be seen whether actions the Fed took will be enough to stabilize the market in 2021.

Why 28% of mortgage applicants never close the loan 

Over the past week, HousingWire reached out to loan officers and mortgage executives across America to drill down specifics on which prospective borrowers weren’t making it to the finish line. HW+ Premium Content

After 2020’s IPOs, 2021 might be the year of MSR 

With record origination volume stretching capacity and a fresh infusion of capital from the public markets en route, a slew of big nonbank lenders are shifting strategies and declining to sell their mortgage servicing rights, which they’d previously relied on to fund their operations.

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Updated 11 months ago