![]() "The industry is working closer together than ever to provide universal solutions to help borrowers who face uncertain circumstances. "Everyone has a unique view on the challenges we are facing in the current market environment, said John Vella, Chief Revenue Officer for Selene Finance. State of the Housing Market panel featuring speakers from Chase Home Lending, Churchill Mortgage, Freedom Mortgage, and Ginnie Mae. Given the GSEs’ announcement in March on this option, this was a timely confirmation that this will help more homeowners stay in their homes.” Williamson also noted the industry’s focus on continuing affordability concerns that are hampering many homebuyers, as well as spotlighting how strong alignment between the GSEs and the agencies is aiding servicers in “scaling solutions and technologies more efficiently and effectively.” “There was a lot of support for making the payment deferral option a permanent tool in the loss mitigation toolkit to help homeowners. ![]() When asked by MortgagePoint, Jake Williamson, SVP, Single-Family, Head of Collateral Risk Management for Fannie Mae, spotlighted some of the top takeaways he found most interesting from the day. During this segment, President Ali Haralson presented Operation Homefront Chief Revenue Officer Margi Kirst with a check for $50,000. Bank.ĭuring lunch, Five Star and collaborated for a special presentation recognizing Operation Homefront's housing programs that provide housing assistance to honorable veterans. Other companies participating on the panels included Carrington Mortgage Services, Chase Home Lending, Churchill Mortgage, the Consumer Financial Protection Bureau, the Federal Housing Finance Agency, Freddie Mac, Freedom Mortgage, Ginnie Mae, Ocwen Financial, Servbank, and U.S. (For an in-depth discussion with Commissioner Gordon, check out our cover profile in the debut April 2023 issue of MortgagePoint magazine.)įollowing Commissioner Gordon’s keynote, the programming moved into a lineup of panels including topics such as The State of the Housing Market, a Government Policy & Housing Update, a GSE update, The Art of Government Loan Servicing, and a sprawling Economic Update featuring economists from, CoreLogic, Fannie Mae, First American Financial Corporation, LendingTree, and Redfin.Ī President Ali Haralson presents a charitable donation to Operation Homefront's Margi Kirst. ![]() Also thereafter joining Five Star Chairman Emeritus Ed Delgado for a brief side-by-side Q&A session, Commissioner Gordon delved into topics including FHA’s recent milestone of helping approximately 2 million homeowners with FHA mortgages stay in their homes via forbearances, the reduction of annual mortgage insurance premiums for FHA mortgages, and FHA’s ongoing work to improve its technological infrastructure. Department of Housing and Urban Development (HUD) Julia Gordon, as she discussed FHA’s challenges and priorities for 2023. The 2023 Government Forum opened with a keynote presentation from Assistant Secretary for the Office of Housing and the Federal Housing Commissioner, U.S. ![]() for the thirteenth annual Government Forum – a long-running industry gathering designed to promote collaborative discussions on topics just like this one. In a fortuitous bit of timing, the very next day, a gathering of mortgage servicing executives and government officials gathered at the National Press Club in Washington, D.C. This cleared the path for the winding down of many of the programs and policies that were put in place to deal with that crisis, and the lapsing of the national emergency now meant countless industries, from healthcare to our own mortgage industry, needed to huddle to determine the implications and impact of this change. Last week, President Biden announced the official end of the national emergency originally declared due to the global COVID-19 pandemic. NMSA's Patrick Coon hosts the GSE Update, featuring speakers from Fannie Mae and Freddie Mac.
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