Eight Best Marketing Practices to Fund New Loans Faster

Join our expert panelists to learn which best marketing practices will help you get to your customer quickly with your best offer – and win their business for another loan term.

engage.marketing event: All eyes on purchase

To help power your business forward, we’re bringing together the smartest minds in purchase mortgage marketing to share the insights, tactics and strategies that set leaders apart.

Behind the executive exodus at Fannie Mae

What's behind the wave of executive departures at Fannie Mae? It's not just money, according to former employees of the GSE.

2021 Agent Rankings now live

Today RealTrends + Tom Ferry announce the 16th annual The Thousand of America's top 1,000 real estate sales and professionals and teams.

Mortgage

AIME’s Anthony Casa on the mortgage industry’s most pressing topics

Casa addresses the Federal Reserve, forbearance, the nation's record-high unemployment and more

HousingWire CEO Clayton Collins sat down with Association of Independent Mortgage Experts Chairman Anthony Casa to discuss some of the most pressing issues pertaining to the housing industry as the coronavirus that causes COVID-19 continues to create uncertainty within the market.

The pair evaluate the Federal Reserve’s move to drop interest rates, which has created an increased demand for mortgage-back securities, the nation’s recently announced all-time high in jobless claims and United Wholesale Mortgage’s decision to tighten underwriting standards on verifying income and employment as more and more American borrowers face unemployment.

Additionally, Casa addresses Congress’ call of encouragement to the mortgage industry in the hopes of providing forbearance to consumers who are experiencing financial difficulty during this tumultuous time.

According to Casa, when the housing industry looks back on this period of crisis, they will have to consider the impact U.S. political figures had on the market during the pandemic.

Here are the important timestamps during the interview to help you navigate the biggest issues.  

  • 1:54 How the Fed’s rate cut is impacting mortgage lending
  • 5:29 What bank and lending CEOs are hearing about Fed buying habits
  • 7:00 What forbearance entails for both lenders and borrowers
  • 11:00 What mortgage lenders need to be telling consumers
  • 12:08 Will servicers have to make modifications to their loans
  • 15:00 UWM’s decision to tighten loan standards as unemployment climbs
  • 17:20 What happens if a borrower loses their job before their first mortgage payment

Click the video below to watch the full interview.

The rest of this content is for HW+ members. Join today with a HW+ Membership! Already a member? log in

Most Popular Articles

Mortgage forbearance drops as expiration date nears

Mortgages in forbearance fell for the 15th consecutive week last week to 4.04% of servicers’ portfolio volume ― a 12 basis point decline, according to a survey from the Mortgage Bankers Association.

Jun 14, 2021 By

Latest Articles

Why female leadership is crucial to the mortgage industry

Women in brokerage aren’t common, but Rocket Pro TPO aims to change that. By integrating programs that enhance inclusivity, the company encourages female leadership. HousingWire recently spoke with Keri Stichler about why female leadership is crucial in the mortgage industry and how companies can advocate for inclusivity.

Jun 15, 2021 By
3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please