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David Krechevsky

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David Krechevsky was an editor at NMP.

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FHA Now Allows 'Double-Dipping' On Loans

Update of conflict of interest rule allows individuals to serve as both MLO and real estate agent, with certain restrictions.

The Fed Adopts Final Rule To Replace LIBOR

Final rule identifies benchmark rates based on SOFR to be used effective June 30, 2023.

Mortgage Rates Continue Downward Trend

The 30-year, fixed-rate mortgage rate dipped to 6.31%.

Dec 15, 2022
Plaza Home Joins Other Lenders Offering Buydowns

Now offers 2-1 and 1-0 seller-paid buydowns on its core loan products.

Dec 15, 2022
Class Valuation Acquires PropertyVal

Appraisal management company expands its presence in N.H., Maine.

Dec 15, 2022
Academy Mortgage Settles Underwriting Fraud Lawsuit For $38.5M

Utah-based company accused of improperly originating and underwriting mortgages insured by FHA.

Dec 15, 2022
The Fed Hikes Interest Rate 0.5%, Raises Target For '23

The 50-basis-point hike is 7th in 2022, but target range for 2023 is still 85 basis points higher.

New York Mortgage Trust Appoints New President

Managing Director Nicholas Mah takes over the post effective Jan. 1.

Dec 14, 2022
MISMO Names Acting President As Appleton Departs

VP of Operations Jan Davis to serve as interim president until a permanent replacement is chosen.

​​​​​​​Court Orders Release Of MSU Gift Agreements With Ishbia, St. Andre

Detroit Free Press wins FOI lawsuit over donations to athletic programs.

Dec 14, 2022