Morning Roundup (4/4/2022)– Young Buyers Priced Out In 2022

Good Morning! Today is Monday, April 4. Ukraine accused Russian forces of executing civilians in a Kyiv suburb before retreating. At least six people were killed after gunfire erupted in downtown Sacramento, California. Tesla CEO Elon Musk disclosed a 9% stake in Twitter. The Mortgage Note Reports Young Buyers Priced Out: The share of younger home buyers is declining after peaking in 2020, but is higher in more affordable metros. Geneva CCO: Kelly Singh has joined direct mortgage lender Geneva Financial as its Chief Compliance Officer. In Case You Missed It: People in the mortgage and real estate industries are speculating on whether 2022 will be a year of growth or the start of the end for a red-hot market…

Kelly Singh named Geneva Financial CCO

Kelly Singh has joined direct mortgage lender Geneva Financial as its Chief Compliance Officer, the company announced in a press release. Singh brings 17 years of risk and compliance operations experience in both large and small businesses to the company.  Prior to joining Geneva, Singh served as Director of Business Risk and Controls at USAA. She has also worked for LenderLive Network as vice president of Fulfillment Operations and Conduit Services, and vice president of Compliance at Integrated Asset Services, according to her LinkedIn. “We are honored to welcome Kelly Singh to Geneva,” said Telle VanTrojen, COO and Partner of Geneva Financial. “She will provide invaluable guidance as we continue to experience unprecedented growth. The level of experience and professionalism…

Morning Roundup (12/13/2021)– Mortgage Credit Down, OCC Reports Improvement

Good Morning! Today is Monday, December 13. At least 90 people are dead after tornadoes leveled 250 miles across six states. Stock buybacks hit a record $234.5 billion in Q3 as companies responded to pandemic hardship. Chris Wallace is leaving Fox News to join CNN. And in mortgage and housing news… Reality Check: There will be more houses on the market in 2022 because of the number of people who have died due to COVID-19 and its variants, a sobering reality was highlighted during the National Association of Real Estate Editors conference in Miami, Fla., last week. Mortgage Credit Down:  Mortgage credit availability shrank in November, falling by 0.6% to 124.9, according to MBA’s Mortgage Credit Availability Index. OCC Reports…