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MBA Education To Debut Residential Educator of the Year Award

MBA Education To Debut Residential Educator of the Year Award

by Phil Hall | May 2, 2023 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

MBA Education, the education division of the Mortgage Bankers Association (MBA), announced it would introduce the Residential Educator of the Year Award at its 2023 Annual Convention and Expo, which will be held October 15-18 in Philadelphia. “The Residential Educator...
27 States Ask Biden and FHFA to Scrap Mortgage Fee Increases

27 States Ask Biden and FHFA to Scrap Mortgage Fee Increases

by Phil Hall | May 1, 2023 | Industry Updates, Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A coalition of fiscal officers from 27 state governments called President Joe Biden and Federal Housing Finance Agency (FHFA) Director Sandra L. Thompson to jettison the new mortgage fee increases that went into effect today. In a letter to Biden and Thompson, the...
CFPB Seeks New Protections for PACE Loan Borrowers

CFPB Seeks New Protections for PACE Loan Borrowers

by Phil Hall | May 1, 2023 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Consumer Financial Protection Bureau (CFPB) has proposed a rule to implement a Congressional mandate to establish consumer protections for residential Property Assessed Clean Energy (PACE) loans. According to the CFPB, the proposed rule would require lenders to...
$15 Million Allocated for 3,000 All-Electric NYC Homes

$15 Million Allocated for 3,000 All-Electric NYC Homes

by Phil Hall | May 1, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New York Gov. Kathy Hochul and New York City Mayor Eric Adams announced the launch of Future Housing Initiative, a partnership investing $15 million for creating 3,000 energy-efficient and all-electric affordable homes in New York City. Formally titled the New...
Brady Yeager Named National Sales Director at Movement Mortgage

Brady Yeager Named National Sales Director at Movement Mortgage

by Phil Hall | May 1, 2023 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Inland, South Carolina-based Movement Mortgage has recruited Brady as national sales director. According to a statement from the company, Yeager “will lead the expansion for Movement across the country” by growing the company’s sales team. Yeager was previously...
A Phil Hall Op-Ed: Stop Trying to Pump Up the Homeownership Rate

A Phil Hall Op-Ed: Stop Trying to Pump Up the Homeownership Rate

by Phil Hall | May 1, 2023 | A Phil Hall Op-Ed, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Every now and then, some well-intentioned politician, bureaucrat or housing industry leader looks at the U.S. homeownership rate and declares that something must be done to increase the number of people who own their residence – particularly those within historically...
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