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Finance

Radian announces exit of CFO Sumita Pandit, elevates finance leaders

Finance, HWmember, Mortgage, Mortgage insurance, Radian, Servicing, Team Leaders /

U.S. mortgage insurer Radian Group Inc. said that president and chief financial officer Sumita Pandit is departing the company effective Thursday, according to filings with the Securities and Exchange Commission (SEC). Radian did not provide details on Pandit’s departure beyond mentioning that “in connection with the involuntary termination of Ms. Pandit’s employment, she will be […]

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The 50-year mortgage: I’m not buying the “forever loan”

Finance, Policy, The Builder's Daily /

A 50-year mortgage sounds like the next big innovation in housing finance, a way to make homes “affordable” again in an era of high prices and stubborn interest rates. But the way I was raised and educated, financial independence and straight talk count. Having studied economics at Texas A&M, I see this for what it

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