Bob Mansur has been appointed to the newly created position of national director of training at Oak Street Mortgage LLC, Carmel, Ind.Mr. Mansur, a 20-year veteran of the financial services industry, was most recently vice president for employee and organizational development at Firstring Inc., an international call center company that services mortgage and credit card clients. Oak Street said Mr. Mansur has also worked at Household Finance, American General Finance, and the Money Store. Oak Street can be found online at http://www.oakstreetmortgage.com.
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The increasing frequency and severity of droughts was top of mind for panelists at AmeriCatalyst's "Going to Extremes" conference Thursday.
April 18 -
In a Senate hearing, Director Sandra Thompson said a raise to the required income threshold provided to affordable housing was on the table, while housing regulators also faced questions related to property insurance hikes and title insurance waivers.
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The nonpayment rate for non-qualified mortgages is up 21 basis points from February and 134 basis points from March 2023, Morningstar DBRS said.
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The government mortgage-bond guarantor will require additional information on foreclosure prevention actions, and retire some forbearance reporting.
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But views are split, at least in the near-term on whether rising mortgage rates are holding back the Spring home purchase season.
April 18 -
The top five producers had an average dollar volume of FHA loans of more than $50 million in 2023.
April 18