A look at Biden’s first week in office

This episode reviews last week’s inauguration of President Joe Biden, examining which housing issues the new administration has already taken action on.

Mortgage Tech Demo Day

Tune in to our live Virtual Demo Day on February 2nd to experience demos from the most innovative loan origination and valuation tech companies in the industry.

If consumers aren’t holding lenders back, then who or what is?

The challenge for lenders and investors is understanding how to meet borrowers where they are without layering on risk or getting bogged down in third-party intermediation.

HomeBridge’s Brian White on diversity at a practical level

HomeBridge's Brian “Woody” White discusses ways to increase diversity within the housing finance industry.

Awards

2020 HW Woman of Influence: Kristy Fercho

Flagstar Bank, Executive Vice President and President of Mortgage

Kristy Fercho

When Kristy Fercho talks, people listen because she is so knowledgeable and so genuine.

As head of mortgage at Flagstar Bank, she is responsible for the direction and oversight of all aspects of mortgage and secondary marketing for Flagstar, as well as for the continued expansion of Flagstar’s mortgage business. When Fercho started at Flagstar, one of the first things she did was spend more than a month talking personally with nearly every person in the mortgage division. She has also followed the lead of Flagstar’s CEO in making transparency a hallmark of how she runs the mortgage division. Early on, she created personal touchpoints by launching a monthly get together called a “Konversation with Kristy” that involves mortgage employees across the country, along with a “Breakfast Konversation with Kristy” for employees at headquarters. Both seek feedback from randomly selected employees for candid, unplugged sessions with no specific agenda. Fercho has also been a leader in Flagstar’s diversity and inclusion initiative. Not only does she serve on the bank’s D&I Executive Advisory Council, but she also shared her own story frankly with employees and in public forums and interviews. Her involvement even extends to personally mentoring employees.

Most Popular Articles

Zillow: Expect another record year for home sales

Zillow predicts 6.82 million existing home sales in 2021, the most recorded in a single calendar year since 2005 and a 21.1% increase from 2020.

Jan 25, 2021 By

Latest Articles

The Fed plots a slow, stable path on mortgage rates

The FOMC left future economic policies virtually unchanged at its Wednesday meeting, indicating plans that short-term mortgage rates will stay low for years to come.

Jan 27, 2021 By
3d rendering of a row of luxury townhouses along a street

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