The mortgage rate lock-in didn’t start in 2022

This is an excerpt of a HousingWire Research report titled: What Everyone Needs to Know about Mortgage Rate Lock-in, by Altos President Mike Simonsen. In the 24 months beginning March 2022, the U.S. housing market saw dramatic changes in affordability as mortgage rates skyrocketed 500 basis points.
Read MoreDark Matter Technologies names new deputy chief product officer

Dark Matter Technologies, formerly Black Knight Origination Technologies, named Vikas Rao as its deputy chief product officer, the company announced on Tuesday. In his new capacity, Rao will directly report to chief product officer Stephanie Durflinger. His responsibilities will include overseeing e
Read MoreService provider LERETA appoints new CTO

Financial services company LERETA appointed Mitch Bledsoe to the position of chief technology officer, the company announced on Tuesday. Bledsoe joined LERETA in 2022 to serve as the senior vice president of enterprise technology. In his new role, Bledsoe will be responsible for the company’s techno
Read MoreSteve Resch talks about financial planner relationships for reverse lenders

Steve Resch, vice president of retirement strategies at leading reverse mortgage industry lender Finance of America, knows a lot about the intersection between the interests of financial planning professionals and reverse mortgage industry members. Financial planners have been, and remain, one of th
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