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MBA teams with Cleveland State University on mortgage banking education program

Housing Wire

The Mortgage Bankers Association (MBA)s education division, MBA Education, recently launched its Mortgage Banking Bound (MBB) program at Cleveland State University. Last week, our first class was led by Jen Peachman from GVC Mortgage. 15 and goes until the end of April, Hoffman told HousingWire.

Banks 370
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Cenlar FSB hires Andrew Pohlmann to lead business development efforts

Housing Wire

Nationwide mortgage loan servicer Cenlar FSB announced today that Andrew Pohlmann has joined the organization as senior vice president of business development. Its client base includes banks, credit unions and mortgage bankers. He confirmed the new role in a post on LinkedIn. We are thrilled to welcome Andrew to the team.

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CoreLogic’s John Rogers on AI, climate risk and land development issues

Housing Wire

John Rogers is a well-known name in the world of mortgage and real estate data analysis. Rogers met with HousingWire to discuss his new role and cover a variety of topics, including artificial intelligence (AI), climate risk and land development. NP: You work directly with land developers too. million deficit of homes.

Land 370
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Better mortgage spreads are capping rates in 2025

Housing Wire

Another jobs week has come to an end, and amid the chaotic headlines about job numbers, tariffs , and the leadership of the Treasury , mortgage rates remained calm. Better mortgage spreads are limiting how high rates can rise in 2025. Mortgage spreads refer to the difference between the 10-year yield and the 30-year mortgage rate.

Mortgages 492
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Guaranteed Rate Affinity appoints new mortgage lending VP

Housing Wire

Guaranteed Rate Affinity announced a promotion on Tuesday as the joint venture company named 22-year industry veteran Mark Rawls as vice president of mortgage lending. Rawls is the latest addition to a leadership team of seven executives at the developing company.

Lending 433
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Demand for distressed homes is dropping. What that means for the housing market

Housing Wire

Online real estate marketplace Auction.com released data this week showing that demand for distressed homes — including bank-owned properties and foreclosures — shrank for a second straight quarter. Higher rehabilitation costs (49%) and unfavorable mortgage rates (30%) were the next most common factors.

Marketing 482
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Reverse mortgage software pioneer Jerry Wagner has died

Housing Wire

Late last week in an email update to its members, the National Reverse Mortgage Lenders Association (NRMLA) announced that reverse mortgage software pioneer Jerry Wagner, founder of Ibis Software , died in February. Throughout the 1990s, Ibis developed several reverse mortgage software applications, including for use by counselors.