“I think my passion comes from the fact that we have the unbelievable privilege, being in this business, of helping people realize the American dream,” said Kristy Fercho, president of mortgage with Flagstar Bank, referring to the long-term stability that housing provides to both families and communities. It’s a passion that fuels both her professional […]

David Kawata sounds like “a man on a mission.” So said Mortgage Media’s S.A. Ibrahim, during a recent conversation with the CEO of Docitt Inc., a company founded five years ago to develop technology to verify borrowers’ asset, income and other data instantly, from the source. And Kawata is, indeed, hoping to demonstrate to the […]

“I would say for me I am really passionate about housing. I think I grew up that way — my parents owned homes, built homes and we were all engaged as a family. I understood what a big thing it was to own a home and so I have always felt that: One, it is […]

Quicken Loans has been the largest mortgage lender in the US for five quarters now, beginning in the final quarter of 2017. The company has been recognized by J.D. Power for nine years running as highest in customer satisfaction for primary mortgage organization, and for the last five consecutive years for customer satisfaction on the […]

When Bob Broeksmit took the reins of the Mortgage Bankers Association five months ago, he knew it was a pivotal time for the industry. Facing diverse – and sometimes entrenched – views in Washington and in board rooms, Broeksmit has worked to coalesce the cacophony into a unified voice. Talking with Mortgage Media’s SA Ibrahim […]

The Latino housing market hasn’t stalled. It’s where the serious growth has been, and all indications suggest that growth should only get better — to the point where Latinos are likely to represent roughly half of all new home buyers for at least the coming decade. That makes it particularly important, amid all the ongoing […]

With GSE reform a hot and pressing topic — what with the GAO calling for Congress to end the conservatorship of Fannie Mae and Freddie Mac, and various administration officials saying plans are being formulated to do just that — there is opportunity for true, positive change to benefit all parties. But there’s also some […]

Steve Abreu has seen tough markets before. And while the current one is unique in its perfect storm of challenges, he sees a light on the horizon. Abreu has been on the front lines of mortgage product innovation since the late 80s and 90s, when he helped pioneer Alt-A loans at Headlands Mortgage in Marin […]

So Amazon selected Arlington, VA, and New York City as sites for their new headquarters, expecting to bring 50,000 jobs to these new hubs. Terrific — but where are all those workers going to live? The problem: There are areas of the country — key areas, with significant job opportunities, like San Francisco or New York […]

The mortgage process was, quite simply, not designed with the buyer in mind, says Rick Sharga — and that’s a problem. Companies that figure out how best to make it more efficient and less frustrating for buyers are the ones best poised for success, he said. “If an alien landed on the earth tomorrow and […]