Washington, DC, October 3, 2023 –Housing Finance Strategies Founder & CEO Faith Schwartz today announced the firm has posted all video segments from #HousingDC23 online and available for On Demand viewing at https://housingfinancestrategies.com/housingdc23/housingdc23-on-demand.
Schwartz noted that #HousingDC23 saw a 7.5% increase in the number of participating companies this year compared to 2022 and that 9 of the 10 top lenders participated in the firm’s annual conference this year.
Media coverage of the event has increased year-over-year and includes reporting from Inside Mortgage Finance (‘IMF’) which published articles covering the conference. These articles included highlighted segments of panelists in its news coverage. One story by Monica Hogan was titled Large Nonbanks See Boost From Servicing:
“Nonbanks with strong servicing operations are weathering a tough originations market, according to panelists at a virtual conference hosted by Housing Finance Strategies last week.
“People would rather have cold cereal for dinner than lose their 2.5% mortgage,” said Stan Middleman, president and CEO of Freedom Mortgage, a leading mortgage servicer. “We’re not losing any servicing business.”
He said Freedom can be profitable whether interest rates go up, go down or stay the same. “Our profitability is great,” Middleman said. “It’s just not coming from originations this year.”
NewRez President and CEO Baron Silverstein said the company’s servicing portfolio provides an opportunity to pitch other products, such as home equity loans.”
Housing Finance Strategies was established by Faith Schwartz in 2016 as a professional services and advisory firm specializing in mortgage modernization, housing policy and legislative and regulatory affairs. Schwartz serves on a number of bank and fintech boards and has a lengthy record of hosting and moderating housing industry events.