Real Estate Broker/Agency News

MBA promotes Joel Kan and Heather Messam

The Mortgage Bankers Association announced Thursday it promoted Joel Kan to vice president, deputy chief economist. Kan has worked at the association since 2006, rising from survey specialist to associate vice president of economic and industry forecasting in 2015. In his new role, Kan will lead the macroeconomic and mortgage

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Equifax to provide utility credit data to mortgage firms

Equifax will be providing telecommunications and subscription television credit data to the mortgage industry to “streamline the mortgage underwriting process and support loans within the secondary mortgage market,” the credit bureau said Friday. Providing utility payments to mortgage companies alongside traditional credit reports could improve homeownership prospects for more than

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JPMorgan, Wells Fargo, and the challenging times ahead 

JPMorgan Chase and Wells Fargo & Co., two of the nation’s largest banks, each faced a double-digit decline in their mortgage origination volumes in the third quarter of 2022. And the coming days don’t look any kinder: the banks’ top executives said on Friday the landscape remains challenging due to

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HW+ Member Spotlight: Vicki Brown

This week’s HW+ member spotlight features Vicki Brown, executive vice president of Client Relations at LoanCare. HW Media: What is your current favorite HW+ article and why? Vicki Brown: I love to read about opportunities to enhance the customer experience because that’s really what our business is about, supporting customers throughout their home ownership journey. 

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Black homeownership group, MBA call for MIP cut

The Mortgage Bankers Association and fellow trade group the Black Homeownership Collaborative have joined the chorus of voices imploring HUD Secretary Marcia Fudge to reduce mortgage insurance premiums (MIPs) and suspend life-of-loan requirements for borrowers with FHA-insured loans. The trade groups last week sent a letter to Fudge noting that

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