The Mortgage Leadership Outlook series continues Tuesday, May 19 with Jeffrey Tesch, CEO of RCN Capital. Tesch will chat with series host Andrew Berman head of engagement and outreach for National Mortgage Professional magazine, to discuss the COVID-19 pandemic's impact on his company's business, what he's seeing in the industry and more.
As COVID-19 continues to pose challenges for the mortgage industry, the Mortgage Leadership Outlook series helps you, the mortgage professional, navigate through these times of uncertainty. That's why we want you to be a part of the conversation between Tesch and Berman too! Tune in to the NMP Facebook page and post your questions in the comments section.
After joining RCN in 2010 as managing director, Tesch led efforts to develop a national brand in private lending. He has personally underwritten over 5,500 loans and has overseen over $1 billion in originations. His previous real estate experience was as an investor in both commercial and residential properties, ranging from single-family homes to commercial retail centers. He also currently serves as a member of the American Association of Private Lenders’ (AAPL) Ethics Advisory Committee.
Join Tesch 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.
Newfi and Addy AI today announced a collaboration focused on the continued evolution of artificial intelligence in mortgage lending
Newfi and Addy AI today announced a collaboration focused on the continued evolution of artificial intelligence in mortgage lending.Newfi has built innovative lending products and a modern approach to the mortgage market. As the industry evolves, the company continues to exp...
New-home sales rose 6.4% in August as builders cut prices, offered incentives, and sold more lower-priced homes. Now mortgage rates are moving against buyers again
Mortgage rates have officially broken back above 7%, just as builders were showing some success getting buyers across the finish line.The average 30-year fixed mortgage rose to 7.03% for the week ending Sept. 24, up from 6.95% a week earlier and 6.30% a year ago, according t...
Trade group estimates greater Freddie participation could compress spreads another 10 to 12 basis points as Fannie has taken the lead in GSE mortgage-bond buying
Fannie now prohibits leases for departing residences and permits market-analysis tools instead of Form 1007, creating a key documentation difference from Freddie Mac
The Mortgage Partnership Finance Program has expanded MPF Traditional eligibility for affordable loans, manufactured homes, renovations, and lender-funded assistance