Financial services veteran Patrick Halonen has joined reverse mortgage lender and servicer Longbridge Financial as the company’s new head of credit policy, underwriting and quality control. “With over 25 years of expertise in the financial services industry, Halonen’s appointment underscores Longbri

Given the current housing environment in the U.S., the Federal Housing Finance Agency (FHFA)’s new leader should prioritize the affordable housing footprint across the country, find ways to cut costs in the origination of mortgages and take additional moves designed to mitigate risk. This is accordi

Better‘s fourth-quarter and full-year 2024 earnings call showcased the company’s growing revenue and its plans to further integrate artificial intelligence into the mortgage process. Vishal Garg, Better’s CEO and founder, said that despite a market with historically low housing affordability and per

Institutional home-buying activity remained subdued last year as transactional players — including iBuyers, flippers, and sales leaseback firms — dominated the market. While major single-family rental (SFR) funds continued to make acquisitions, their volume was significantly lower than during the po