Recognizing The 40 Under 40 Making Their Mark

Sep 26, 2022

Nominations open for NMP’s annual look at the mortgage industry’s rising stars.

Nominations are now open for National Mortgage Professional Magazine’s 40 Under 40 recognition of the mortgage industry’s rising stars.

In every profession, the future is written by the next generation. They bring fresh perspectives and new energy. The young bring perspective unhindered by dogma nor constrained by convention.

We all know young leaders inspiring others through their professionalism and accomplishments. Don't wait to complete a nomination for the candidate you believe is inspiring positive change in the mortgage industry.

Honorees will be chosen based on their industry contributions and impact. They will be showcased in National Mortgage Professional's annual 40 Under 40 feature, both online and in our December 2022 edition. Self-nominations are always welcome.

Click here to nominate a young professional by Friday, Oct. 14, 2022.

National Mortgage Professional

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Sep 26, 2022

Regulation and Compliance

6 Federal Agencies Seek Comment On Proposed Rule For AVMs

The rule is intended to ensure the credibility and integrity of Automated Valuation Models.

Six federal regulatory agencies on Thursday requested public comment on a proposed rule designed to ensure the credibility and integrity of models used in automated real estate valuations.  The proposed rule would implement quality control standards for automated valua...

Analysis and Data

Redfin: Pending Home Sales Down 17% YOY

Mortgage rates at 7-month high, lack of listings sidelining homebuyers.

On Thursday we learned that mortgage originations fell to a 23-year low in the first quarter, so a report from Redfin that pending home sales are way off isn’t a shock. According to a report from the online real estate brokerage, pending home sales during the four weeks end...