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Guaranteed Rate's new reverse mortgage EVP on a "market creation" opportunity

RMD sat down with Guaranteed Rate's new reverse mortgage division EVP to learn about how he entered the space, and his plans in the new role. ....

United States , San Francisco Bay , Chris Clow , Ryan Ogata , Andrew Pohlmann , Guaranteed Rateannounced , Guaranteed Rate , Bay Area , Northern California , Pacific North ,

Credit Verification, MSR Acquisition, Non-QM, Tax, Outsourcing Products; STRATMOR and CX; Timeline for Credit Score Changes

Today is 092023 and I head to Savannah, GA for the SECUREN (credit union) conference. Did you know that the last day of 2023 is 123123? In other “fun with numbers,” as a stockholder in a lender, how’d you like $5 million because your company couldn’t keep its costs down? The median sale price per square foot in Savannah is $197, up 13 percent since last year, if you believe Redfin. Want to build wealth? The median sale price per square foot for new single-family homes in the U.S. has increased a whopping 368 percent since 1980. Additionally, the median square footage for homes in the U.S. has increased 52 percent since 1980, while the median sale price has increased 609 percent. Compared to 2008, the peak financial crisis, home buyers today face an 85% higher median sale price per square foot of homes. California is the most expensive state when looking at price per square foot. Highest and lowest cities? San Jose at $845 per square foot, Cleveland at $133 p ....

United States , Ryan Ogata , Mary Ann Geller , Josh Weinberg , Ben Cottingham , Rob Jeske , Mike Seminari , Freddie Mac , Fernando Ospina , Computershare Loan Services , Panorama Mortgage Group , Fannie Mae , Housing Finance Agency , Contact Birchwood Credit Services , Wells Fargo , Credit Reports Initiative , Informative Research , Us Census Bureau , Advantage Bank Statement , Flagstar Bank , National Production , Broker Software , B Sales Team , San Jose , Trade In Mortgage , Optimal Blue ,