The Lede
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Mentorship and Becoming a Leader in the Mortgage Industry
Lykken on Lending, May 13, 2019--Dave LykkenPodcaster Dave Lykken interviews MBA COO Marcia Davies and her daughter Emily Davies on leadership opportunities for women in the real estate finance industry.
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First-Quarter Mortgage Revenue Dip a 2019 Challenge for Equifax
National Mortgage News, May 13, 2019--Bonnie Sinnock (subscription)First-quarter operating revenue in Equifax's Mortgage Solutions unit was the lowest it's been for the fiscal period since 2016, and the company anticipates declines in this division will remain a concern.
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Appeals Court Revives Class Action Suit Against Nationstar for Redundant Flood Insurance
HousingWire, May 13, 2019--Jessica GuerinIn a unanimous decision, judges in the 11th Circuit Court of Appeals revived part of a Florida condo owner's claims against Nationstar, accusing the servicer of ripping off borrowers by unnecessarily placing flood insurance on their properties for which they were charged thousands of dollars.
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Rising Rents for Millennials Give Rise to a New Breed of Lender
Wall Street Journal, May 13, 2019--Will Parker (subscription)New lenders are entering what was once the realm of payday lending, pitching loans to young renters in increasingly unaffordable cities.
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Analyzing The Impacts Of Administrative GSE Reform
Mortgage Media, May 13, 2019--David Stevens, CMBFormer MBA President and CEO says the Administration's renewed interest in resolving conservatorship of Fannie Mae and Freddie Mac could result in "downside risks" to the real estate finance industry.
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Live Well Financial’s Abrupt Closing Leads to Host of Problems
HousingWire, May 13, 2019--Jessica GuerinOn Monday, Flagstar Bancorp revealed in a Securities and Exchange Commission filing that Live Well owes the bank $74 million, which includes $5 million in a warehouse line of credit.
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EasyKnock Raises $215M in Series A Round
National Mortgage Professional, May 13, 2019--Phil HallEasyKnock, a New York-headquartered residential sale leaseback company, announced that it raised a $215 million Series A round from new and returning investors.
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