Big changes are ahead in the valuation space, most recently seen with the FHFA asking for input on appraisal modernization efforts. Will hybrid appraisals become the new norm? Are the GSEs going to expand the use of appraisal waivers? These
Is Mike Calhoun still in the running for FHFA director?
Mike Calhoun is president of the Center for Responsible Lending This week the Biden administration announced several high-level nominations, including Alanna McCargo to lead Ginnie Mae. But missing from those announcements was the White House’s widely expected pick for the
Pacaso’s plans to “democratize” second-home ownership
Real estate startup Pacaso announced Tuesday that it has raised $125 million in its recent Series C funding round, giving it a $1.5 billion valuation. This announcement comes less than six months after the company raised $75 million, bringing its
Robert Hirsch 2020’s- It’s a trusted name, and we’re cutting edge.
If you’ve been following our series, we’ve been revisiting each decade, since the start of C21. We’ve strolled through the ‘70s, ‘80s, ‘90s, the ‘00s, and we are wrapping up with 2020 and beyond. We’ve accomplished so much, as a
Industry relieved that Ginnie Mae is no longer being ignored
Monday’s announcement that Alanna McCargo, senior advisor at the Department of Housing and Urban Development, is up for the nomination of Ginnie Mae president put a smile on the face of the mortgage industry. Fair housing organizations, trade groups, and
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Fannie Mae’s Lyle Radke to speak at HW Annual
Appraisal modernization efforts could mean big changes for property valuations, which is why HousingWire invited Lyle Radke, director of collateral policy at Fannie Mae, to speak at HW Annual Sept. 27-28. Radke will speak on The Future of Valuations panel,
Unlicensed mortgage broker defrauded wholesale lenders
A 50-year-old former unlicensed mortgage broker from Long Island, New York, pleaded guilty Wednesday to defrauding clients and wholesale lenders out of $4.7 million in mortgage refinancing proceeds that were supposed to pay off existing client mortgages. Brent Kaufman, of