Items Tagged with 'David Stevens'

ARTICLES

  • Former MBA President David Stevens joins ProxyPics

    Stevens joins company as a senior strategic advisor
    ProxyPics, a platform to obtain real-time photos of properties, announced that former MBA President David Stevens has joined the company as a senior strategic advisor. ProxyPics’ CEO and Founder Luke Tomaszewski said in a press release that he is excited to bring Stevens on board and that Stevens will be contributing his in-depth housing market knowledge and expertise to the company.
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  • [Pulse] Op-ed: The next steps for GSEs

    Policymakers, handle this with care
    If indeed we are weeks away from a plan for overhauling the GSEs, there is currently no telling what this might entail, leaving stakeholders to project onto the future whatever their hopes and fears might lead them to. The administration needs to clarify its position, and sooner rather than later. Signaling movement in the absence of any clear sense of direction comes at too high a cost for a market that shouldn't have to bear it.
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  • Here are the top 10 reverse mortgage stories of 2018

    A recap of the news that caught your attention this year
    It’s been an eventful year in the reverse mortgage industry. The HECM space saw new proprietary products enter the market, adjusted to a new second-appraisal rule, and witnessed volume plummet. We drilled down on our article stats to find out what reverse mortgage stories got the most attention this year, shedding light on the topics our audience found most interesting in 2018.
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  • Reverse mortgage industry reacts to David Stevens' criticism

    "The observations and approach are out of date"
    David Stevens – the former head of the FHA and the MBA – made some scathing remarks about reverse mortgages last week that sparked heated criticism from members of the industry. HECM professionals say Stevens' remarks fail to acknowledge program changes that have already taken place, calling his comments disappointing and dated.
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  • Former head of FHA and MBA David Stevens blasts reverse mortgages

    Suggests fixes to curtail "outrageous profits" and "predatory sales approach"
    David Stevens isn’t a fan of reverse mortgages, and he’s not afraid to say it. The former FHA commissioner and recently retired president and CEO of the MBA posted a comment about HECMs on LinkedIn that got people talking. "Brian Montgomery is trying to fix the abuse," he said, "but the product is the one that kept me awake at night when I was there." We reached out to Stevens to talk more about his issues with the program and his suggestions for fixing them.
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  • [Listen] HousingWire bids adieu to two mortgage lending titans

    David Stevens and Brad Blackwell reflect on their lending careers
    September marks the first official retirement days of two mortgage lending titans. In an exclusive interview with Jacob Gaffney, David Stevens, former head of the Mortgage Bankers Association, and Brad Blackwell, former EVP of housing policy and homeownership growth strategies at Wells Fargo Home Lending, reflect on their careers, friendship and where they think the industry is headed.
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  • Robert Broeksmit officially takes over as MBA CEO

    Former CEO David Stevens to stay on 40 days to ease transition
    The Mortgage Bankers Association is now under new leadership. Robert Broeksmit is now officially the MBA’s president and CEO, telling MBA members this week that he is now formally in place at the trade group.
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