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Feb 27, 2025 | 
nationalmortgageprofessional.com | Dave Hershman |Katie Jensen |Tim Henderson |Robbie Sequeira
RECRUITING, TRAINING, AND MENTORING CORNER RECRUITING, TRAINING, AND MENTORING CORNER The mortgage business is not particularly known for its in-depth training programs. Other than online loan officers, we are certainly not adept at bringing rookies into the business to hit the streets and originate loans.
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Jan 15, 2025 | 
nationalmortgageprofessional.com | Katie Jensen
Coupland is expected to lead the company into the next phase of expansion and growth Visio Lending, the mortgage lending division of Visio Financial Services Inc., has named Jenny Coupland as CEO, while the company's co-founders, CEO Jeff Ball and President Matt Matza, transition to retirement. Coupland is expected to lead Visio’s growing real-estate investment trust (REIT) and investor-focused lending business by leveraging 20 years worth of expertise in lending, legal, and capital markets.
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Jan 10, 2025 | 
nationalmortgageprofessional.com | Katie Jensen |A Mile
Chris Marshall to lead Xome, working closely with the leadership team to prioritize market share growth and accelerate new revenue opportunities. Xome CEO Mike Rawls retires after 25 years with the company Mr. Cooper Group, the nation’s largest mortgage servicer that represents 5.4 million customers, has announced a major leadership transition with Mike Rawls planning to retire as CEO of Xome, effective June 30, 2025.
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Jan 9, 2025 | 
nationalmortgageprofessional.com | Katie Jensen |A Mile
No sign of normalcy lies ahead for the 2025 housing market, according to First American Deputy Chief Economist Odeta Kushi’s latest forecast. The five major predictions include the trajectory of mortgage rates, home prices, inventory, home sales, and the new construction market. In 2024, mortgage rates remained above 6% and kept affordability constrained, despite the Federal Reserve beginning its rate-cutting cycle in September.
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Jan 8, 2025 | 
nationalmortgageprofessional.com | Katie Jensen
For the first time in three years, home purchase loans are considered just as risky as refinance loans, according to the third quarter (Q3) 2024 results of the Milliman Mortgage Default Index (MMDI). Global consulting and actuarial firm, Milliman Inc., reveals the latest monthly estimate of the lifetime serious delinquency (180 days or more delinquent) rates of U.S.-backed mortgages.
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Jan 7, 2025 | 
nationalmortgageprofessional.com | Katie Jensen
Anticipation, uncertainty, and speculation continue to build concerning the impact on the housing market of policy shifts expected to be implemented by the incoming Trump administration. Possibly the most impactful item on the agenda for mortgage professionals pertains to the re-privatization of Fannie Mae and Freddie Mac, an effort begun during Trump's first administration.
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Jan 2, 2025 | 
nationalmortgageprofessional.com | Katie Jensen
SouthState Corporation has kicked off 2025 by announcing its acquisition of Independent Bank Group, Inc. on Jan. 1, 2025, through the merger of Independent Financial into SouthState Bank. As a result of the transaction, the company is expected to expand its footprint into Texas and Colorado and bring its total assets to approximately $65 billion.
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Dec 12, 2024 | 
nationalmortgageprofessional.com | Katie Jensen
No one wants to watch a re-run of the 2008 Financial Crisis, especially not the Mortgage Bankers Association (MBA), which today announced its proposal to develop a new product for Ginnie Mae securitization. The idea to modernize Ginnie Mae's liquidity structures was not the MBA’s originally, but Ted Tozer's. The former president of Ginnie Mae is currently a fellow of the Urban Institute’s Housing Finance Policy Center (HFPC) and Board Member for PennyMac.
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Dec 4, 2024 | 
nationalmortgageprofessional.com | Katie Jensen
Redfin’s 2025 housing predictions involve more home sales in 2025, driven primarily by pent-up demand. However, some potential homebuyers will still be priced out as home prices continue to rise and mortgage rates remain near 7%. In contrast, rental prices are expected to stay flat while wages increase, improving affordability for renters.
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Nov 25, 2024 | 
nationalmortgageprofessional.com | Katie Jensen
Redfin’s latest report shows investor activity was more sluggish than normal in the third quarter of 2024. Real estate investors purchased 2.3% fewer homes than last year’s third quarter, which Redfin says is notable after four years of playing it hot and cold due to the unexpected swings during the pandemic-era housing market. In 2021, investor purchases surged 144% year-over-year, then dropped as much as 47% last year.
