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David Krechevsky

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David Krechevsky was an editor at NMP.

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N.J. Real Estate Developer, Lawyer Admit To Mortgage Fraud

Plead guilty to defrauding Fannie Mae, insurers of over $3.5 million.

Reverse Mortgage Funding 'Pauses' Originations

Lender tells partners it won't fund loans that haven't already closed.

Nov 22, 2022
Mortgage Application Payments Rose 3.7% In October

Mortgage payments are up by $629 in the first 10 months of the year, a 45.5% increase.

Nov 22, 2022
HUD OKs Private Flood Insurance Options For Homeowners 

FHA to allow private flood insurance policies on insured single-family mortgages in special flood hazard areas.

Share of Loans In Forbearance Ticks Up In October

MBA estimates that 350,000 homeowners are seeking assistance.

Nov 21, 2022
A Third Of Pending Home Sales Canceled In October

Redfin says deal cancelations, price cuts hit record highs.

Nov 21, 2022
N.Y. Fed: Led By Refis, Credit Demand Declined In 2022

Mortgage refinance application rates plunged from 21.4% in October 2021 to 8.9% in October 2022.

Nov 21, 2022
FNF Buying TitlePoint Back From Black Knight

Black Knight acquired the property-search unit from FNF in 2014.

Nov 21, 2022
Potential Home Sales Plunge YOY In October

First American says housing market will stabilize in 2023 once mortgage rates peak.

Nov 21, 2022
Non-QM Lender Newrez Offers Temporary Buydowns

Options offer borrowers a reduced interest rate in first years of a loan.

Nov 18, 2022