The Thursday, May 14 episode of Mortgage Leadership Outlook will feature Ted Tozer, senior fellow for the Milken Institute Center for Financial Markets and former president and CEO of Ginnie Mae. Tozer will join host Andrew Berman, head of engagement and outreach for National Mortgage Professional magazine, to discuss the COVID-19 pandemic's impact on financial markets, the mortgage industry and more.
As the COVID-19 continues to pose challenges for the mortgage industry, the Mortgage Leadership Outlook seeks to help you, the mortgage professional, navigate through these times of uncertainty. That's why we want you to be a part of the conversation between Tozer and Berman too! Tune in to the NMP Facebook page and post your questions in the comments section.
Tozer served as president of Ginnie Mae for seven years, bringing to the Milken Institute, more than 30 years of experience in the mortgage, banking and securities industries. As president of Ginnie Mae, Tozer actively managed a near $1.7 trillion portfolio of mortgage-backed securities (MBS) and more than $460 billion in annual issuance. Before joining Ginnie Mae, Tozer served as senior vice president of capital markets at the National City Mortgage Company (NCM) for more than 25 years, overseeing pipeline hedging, pricing, loan sales, loan delivery, and credit guideline exceptions. He was instrumental in transforming NCM from an "originate and hold" lender to an 'originate and sell' lender.
Join Tozer and Berman, as they answer all of your questions live, and discuss important topics in the industry at 4:00 p.m. ET/1:00 p.m. PT today via NMP's Facebook page.
Freddie Mac reported the 30-year fixed-rate mortgage averaged 7.10%.
Freddie Mac today released its Primary Mortgage Market Survey, revealing the 30-year fixed-rate mortgage (FRM) averaged 7.10%, breaching the 7% threshold for the first time this year.
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Northeast the only region to see an uptick in sales over prior month, per a new report from the National Association of Realtors
Fewer people bought homes this March than the month before and during March 2023, a new report from the National Association of Realtors (NAR) reveals.
Total existing-home sales receded 4.3% from February to a seasonally adjusted annual rate of 4.19 million in March. Year...