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Author name: Ricky Vasquez

Longbridge’s new proprietary reverse mortgage aims to preserve home equity for heirs

Baby Boomer, Home Equity, HWmember, Longbridge Financial, Reverse /

Citing the desire among many older homeowners to leave their homes to members of their family, New Jersey-based reverse mortgage lender and servicer Longbridge Financial has announced a new proprietary reverse mortgage product that aims to help borrowers preserve home equity for their heirs. The latest offering in the company’s Platinum line of proprietary reverse […]

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Competition for HELOC business heats up as home equity grows

HELOCs, Home Equity, HWmember, LendingLife, Mortgage, Mortgage Bankers Association, Mortgage Rates, Origination /

John Toohig stood at a podium as the moderator of a panel about home equity lines of credit (HELOCs) and asked an illustrative question of the audience of mortgage professionals. “How many of you have a mortgage first lien, 30-year with a 4% coupon or lower?” A majority raised their hands. “You are all the

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NAR: Americans want a tax plan that supports the American dream

Contributors, Housing Market, HWmember, Low-Income Housing Tax Credit, National Association of Realtors, Opinion, Real Estate, Tax /

As Congress continues its effort to rewrite major portions of the tax code, the National Association of Realtors (NAR) unveiled new polling showing just what the American people are looking for in the legislation. The national survey shows overwhelming bipartisan support for tax provisions that strengthen homeownership, support small business owners and the middle class,

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Federal lands amendment draws bipartisan rebuke

Congress, House of Representatives, Housing Market, HUD, HWmember, Legislation, Montana, Nevada, Utah /

As part of broader housing initiatives, Republicans in both the Trump administration and in Congress are pursuing the sale of large swaths of federal land to potentially develop housing. But the Republican front is not completely united. Earlier this month, lawmakers in the House of Representatives’ Committee on Natural Resources saw an amendment added to

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Sidelined homebuyers see opportunity in a possible recession

First-Time Homebuyers, Home Sales, Homebuyers, Housing Market, HWmember, Real Estate, Realtor.com, Recession /

As economic concerns grow, a new survey from Realtor.com shows that a significant share of prospective homebuyers may view a potential recession as an opportunity rather than a deterrent. According to the survey, 63.4% of respondents expect a recession within the next year, reflecting the highest level of concern since 2019. Despite that, nearly 30%

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Maryland-based Anchor Home joins Compass

Brokerage, Compass, HWmember, Luxury Real Estate, Maryland, Real Estate /

Compass announced Monday that Anchor Home — a top-producing real estate team formerly known as Stahley Thompson Homes — has joined the firm’s office in Annapolis, Maryland. Led by broker Jennifer Chino, the Anchor Home team also includes Whitney Jerdal, Angela Hays and Ashley Earle. Collectively, the group brings more than $400 million in career

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Kind Lending appoints new SVP to drive retail sales in the West

HWmember, Mortgage, People Movers, Retail Lending /

Kind Lending today announced the appointment of Geri Farr as its senior vice president of West retail sales. Farr, who has over a decade of leadership in the mortgage industry, will focus on helping the company grow its expansion across the West and is tasked with strengthening teams and driving performance across the region. According

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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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