Sam Valverde on Ginnie Mae’s reverse activity and HMBS 2.0

Sam Valverde, the acting president of Ginnie Mae, has overseen the work the government-owned company is currently engaging in to better improve the liquidity situation for the companies involved in the Federal Housing Administration (FHA)’s Home Equity Conversion Mortgage (HECM) program. These inclu
Read MoreStartup Realoq takes on real estate giants with MLS platform

A new startup wants to help real estate agents get more out of their multiple listing service (MLS).Realoq has launched a MLS platform that features customized branding and direct access to consumers, and the company believes it will provide savings on lead generation.“This new solution is ideal for
Read MoreReverse industry rep reappointed to role on HUD housing counseling committee

Carol Dujanovich, senior vice president and director of reverse mortgages at University Bank, has been reappointed to a new three-year term as a member of the U.S. Department of Housing and Urban Development (HUD) Housing Counseling Federal Advisory Committee (HCFAC).The committee is designed to adv
Read MoreHUD: A racial divide exists between FHA homeownership and rental assistance programs

Researchers at the U.S. Department of Housing and Urban Development (HUD) have published a new report identifying the locations of people seeking Federal Housing Administration (FHA) rental and homeownership assistance programs. They found that homeownership program beneficiaries generally live in m
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