Articles by Sarah Wheeler

Executive Conversation: Margaret Crowley on first-time homebuyers and Millennials

MGIC makes buying a home affordable with private mortgage insurance
By saving borrowers money, a low-down-payment loan with private MI allows them to build up more equity over time. Private MI can also be cancelled when the loan reaches 80% of the original property value, whereas FHA mortgage insurance remains for the life of the loan unless the borrower puts at least 10% down.
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From HW Magazine

How one servicer created a model for reversing community blight

Rehabbing whole neighborhoods to create affordable housing
Houses that have been rehabbed in the recovery project are now being sold as quickly as they are completed, and the profit on each house goes right into rehabbing the next one. In the past two years, the company has rehabbed and sold 58 homes, and has plans to do 200 more.
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From HW Magazine

Hot Seat: Krish Swaminathan of Sutherland Global Services

Outsourcing partnerships benefit mortgage lenders
Ramping up staff and adding capacity to handle volume swings is costly and time consuming to mortgage lenders. Partnering with a seasoned provider like Sutherland Mortgage allows lenders to expand without additional staff or taking on another lease.
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Monday Morning Cup of Coffee: Was TRID worth it to homebuyers?

Questioning Fed policy, investing in LA property and a really filthy house
All that for nothing? A story in the Boston Herald on Sunday examines whether homeowners are using the new Loan Estimate — mandated in the CFPB's TILA-RESPA Integrated Disclosure rule beginning last October — to shop around for lenders with the best rate, fees, etc. The story interviewed several mortgage lenders and found no evidence of this kind of comparison shopping.
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Sindeo bucks the MSA trend amid exploding growth

Confident in its compliance with partnerships
“We’re taking a very proactive and co-marketing approach that is designed from the ground up to include the real estate community,” Sindeo founder and CEO Nick Stamos said. Co-marketing is the key here, since both parties — Sindeo and the real estate partner — pay proportionally for the cost of marketing, per RESPA.
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What kind of leadership should we look for in Washington?

Few candidates or members of Congress have much housing experience
Even though voters seem to want to elect an outsider this year, it’s unlikely that dark horse Jonathan Smoke, chief economist for, or anyone else with front-line housing industry experience, will be elected to the nation’s highest office in 2016.
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Hillary Clinton vows to go "well beyond" Dodd-Frank

Outlines plan to "rein in" Wall Street in New York Times editorial
"As president, I would not only veto any legislation that would weaken financial reform, but I would also fight for tough new rules, stronger enforcement and more accountability that go well beyond Dodd-Frank," Democratic Presidential front-runner Hillary Clinton wrote in the New York Times.
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