Being late to the technology party may actually benefit FHA and Ginnie

Being late to the technology party may actually benefit FHA and Ginnie 2 weeks ago admin The Federal Housing Administration and Ginnie Mae will use their lagging digital mortgage positions to their advantage as they put an emphasis on building their technology.

Purchase share grows, closing times shrink ahead of spring market Being late to the technology party may actually benefit FHA and Ginnie People on the move: Sept. 28 wells fargo cements devito’ s role as head of home lending michael devito appointed head of mortgage production for. – Wells Fargo (WFC) appointed Michael DeVito as the new.

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MBA Chairman Christopher George pointed out that being late to the technology party might actually be beneficial. By coming up from behind, the FHA and Ginnie Mae get to learn from mistakes other organizations made without the experimentation.

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Home prices in 20 U.S. cities cool with smallest gain since 2012 20-city property values index increased 6.4% y/y (est. 6.3%), the biggest gain since July 2014 National home-price gauge rose 6.2% y/y, the most since June 2014 Seasonally adjusted 20-city index.

Reverse mortgages are “highly regulated, viable financial tools,” and all customers must undergo third-party counseling before buying one, he said. The FHA has. Columbia may need to scrutinize.

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