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David Krechevsky

Editor

David Krechevsky was an editor at NMP.

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FGMC Launches Non-QM Loan Program To Tap Equity

Explorer Equity program offers flexible guidelines and expanded credit parameters for borrowers who may not otherwise qualify.

Jun 16, 2022
May Saw Fewest Housing Starts Since April 2021

Economist: Decline in housing starts mirrors decline in builder confidence.

Jun 16, 2022
KBRA Assigns Preliminary Ratings To Non-QM Offering VERUS 2022-6

The $524.5 million non-prime RMBS  transaction consists of mortgages originated by various lenders, including Castle Mortgage.

Jun 16, 2022
Lennar Mortgage President Nominated For 2023 MBA Vice Chair

Laura Escobar is a 35-year real estate finance industry veteran.

Jun 16, 2022
The Fed Boosts Benchmark Rate By 0.75%

Increase is the largest since November 15, 1994.

NAHB: Builder Confidence Falls For 6th-Straight Month

NAHB/Wells Fargo Housing Market Index fell two points in June to 67, the lowest HMI reading since June 2020. 

MBA: Mortgage Applications Rose 6.6% Last Week

Both the Refinance and Purchase indices increased from a week earlier, but remain significantly lower as compared with last year.

Jun 15, 2022
WFG National Title Insurance Co. Expands Into Rocky Mountain Region

Expansion extends the company’s agency footprint to Colorado, Montana, Utah, & Wyoming.

Jun 14, 2022
More Layoffs: Redfin Cuts 470 Employees, Compass Inc. 450

Downturn in housing industry cited; Compass also winding down Modus Technologies Inc.

Jun 14, 2022
U.S. Foreclosure Filings Up 185% YOY In May

Rose 1% in May from April as activity continues steady climb toward normal.

Jun 14, 2022