2017 HW Insiders: Amy Jones

2017 HW Insiders: Amy Jones

Top-20 reverse mortgage lender 1st Reverse Mortgage USA is introducing a new pricing engine product through a partnership with Baseline Reverse. The engine, called ‘Surelock,’ utilizes real time data from capital markets and implements it into the 1st Reverse Mortgage loan origination platform.Foreclosures fall 17.8% from year ago levels Mortgage lending loosens in June Multifamily development picks up despite falling demand county’s multifamily housing in a boom cycle. Scheuble said rising rents are a testament to demand and help provide developers with confidence that a project will work long-term.March was the 42nd straight month where U.S. foreclosure activity dropped from year-ago levels. The number of U.S. home foreclosure filings slid 23 percent in March from a year ago, helping bring first-quarter foreclosure activity to its lowest level since the second quarter of 2007, a report from RealtyTrac showed.

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