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Author name: Ricky Vasquez

Vince Leisey hired as president of HSF Affiliates

Berkshire Hathaway, Brokerage, HomeServices of America, HWmember, People Movers, Real Estate, Team Leaders /

There’s yet another new executive in the HomeServices of America ecosystem. Vince Leisey has been named the president of HSF Affiliates, the franchisor of Berkshire Hathaway HomeServices (BHHS), which is the residential real estate franchise network owned by HomeServices of America. “Vince’s passion for the network and our franchisees, coupled with his results-oriented approach makes […]

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Trump regulatory changes benefit industry, MBA leader says

Industry News, Mortgage Bankers Association, Regulation and compliance /

The Mortgage Bankers Association expects regulatory easing in the first months of the second Donald Trump administration to provide favorable tailwinds for the lending industry, its top official said on Tuesday. With a release from a series of existing and pending rules put forth by financial regulators under former President Biden, the association’s CEO Bob

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Unusual MSR trends emerge as the market shifts

Capital markets, MSR, Secondary markets, Servicing /

The market for mortgage servicing rights has some unusual dynamics, one panelist at the Mortgage Bankers Association’s Secondary and Capital Markets Conference said Monday. “It used to be that the bulk market wouldn’t even be attractive on an execution level if there was a billion or more. Now you’re seeing very small trades of a

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‘Don’t fix what’s not broken’: experts mull cons of GSE exit

Capital markets, Fannie Mae, Freddie Mac, GSE Reform, Secondary markets /

While some policymakers have long pushed to release Fannie Mae and Freddie Mac from government conservatorship, experts caution that a return to full privatization would be far from a fairy tale. Panelists Tuesday at the Mortgage Bankers Association’s Secondary & Capital Markets Conference weighed the many downsides of the complicated, and increasingly unlikely move if

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Rocket, CMG push towards one-stop-shop mortgage model

Artificial Intelligence, Marketing, MARKETING TO BORROWERS, Mortgage technology /

For mortgage originators, the push to become a “one-stop shop” and build lasting client relationships has taken on new urgency in light of current market pressures. “We really want to be able to meet the clients where they’re at,” Heather Lovier, chief operating officer at Rocket said during a panel discussion at the Mortgage Bankers

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PMSI’s CEO on why servicers can’t ignore low exception rates

PMSI’s CEO on why servicers can’t ignore low exception rates

Capital markets, Secondary markets, Servicing /

Dan Thompson, chief executive of mortgage servicing management firm PMSI, numbers among industry veterans who managed mortgages during and prior to the Great Financial Crisis, so he’s seen worst-case scenarios and worked to help the industry avoid them since. The instances where exceptions from common servicing procedures were used averaged around 1% in 2024, which

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eXp welcomes top-producing team in Nebraska

Brokerage, eXp Realty, HWmember, Keller Williams, Nebraska, Real Estate /

ERS Real Estate Group, the residential arm of Omaha, Nebraska-based Elite Real Estate Systems LLP, is making the move to eXp Realty, according to an announcement on Tuesday.  Founded by Jeff Cohn and Renee Mueller, the team has 53 agents and closed 575 transaction sides for $170 million in sales volume in 2024. ERS Real

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Zillow will begin banning noncompliant listings on June 30

Agent, Clear Cooperation, eXp Realty, HWmember, MLS, NextHome, Real Estate, Zillow /

Zillow will begin a “phased rollout” of its listing access standards policy, which bans publicly marketed listings not entered into the MLS, on May 28.  In a blog post on Tuesday, Zillow offered agents some clarifications and guidance on its new policy and how it will be implemented.  “Publicly marketed listings should be entered in

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Despite new veteran partial claim bill, some advocates call for VASP revival

Department of Veterans Affairs, House of Representatives, HWmember, Legislation, Mortgage, National Consumer Law Center, National Fair Housing Alliance, Senate, Servicing, Veterans /

Housing issues for U.S. veterans continue to be a major topic of conversation among housing advocates and lawmakers. Despite Monday’s passage of a bill to establish a partial claim option for veterans, some are still calling for the reinstatement of the Veteran Affairs Servicing Purchase (VASP) program. VASP was started last year under the Biden

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