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David Krechevsky

Editor

David Krechevsky was an editor at NMP.

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Judge Approves Liquidation Plan For RMIT

Decision OK'd after one-day delay for reverse mortgage lender to provide additional funding information.

May 01, 2023
Megastar Financial Corp. Names New President

Mike Aberle, a former Bank of America exec, joins Denver-based mortgage lender.

May 01, 2023
CFPB Issues Rule To Facilitate Wind Down Of LIBOR

Interim final rule contains updates to reflect a new law and Federal Reserve Board regulation.

PennyMac Financial Q1 Profit Down 82.5% YOY

Loan originations are down but servicing portfolio continues to grow.

Apr 28, 2023
Lack Of Inventory Keeping Home Prices From Falling Faster: Redfin

For the four-week period ended April 23, new listings of homes for sale fell 22.4%.

Apr 28, 2023
Report: Homebuyer Assistance Programs Increased Slightly In Q1

Down Payment Resource survey finds programs rose 0.5%, and that a majority are forgivable.

Apr 28, 2023
Fitch Rates Non-QM RMBS Offering With Loans By Acra Lending, LoanStream

BRAVO Residential Funding Trust 2023-NQM3 is supported by 674 loans with a balance of $302 million.

Apr 28, 2023
Rocket's Parting Gift For Jay Farner: A 491% Raise

Retiring CEO, other top executives all received large raises in 2022.

Apr 27, 2023
30-Year Mortgage Rate Continues To Inch Up

Average for 15-year fixed rate fell last week.

Apr 27, 2023
DocMagic Introduces ADA-Compliant Digital Loan Documents

The new digital documents are accessible to visually impaired users and others with disabilities.