"December 11, 2024" Archives

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OneTrust Home Loans hires Gabe Bodner to lead 55-plus lending division

OneTrust Home Loans, a DBA of CalCon Mutual Mortgage LLC based in San Diego, Calif., announced this week the appointment of Gabe Bodner to the head of its 55-plus lending division which includes its reverse mortgage business. Bodner, a 20-year mortgage professional, previously served OneTrust as a VP and reverse mortgage planner. He also has…

Mortgage rates cool again ahead of the Fed’s December meeting

After briefly crossing the 7% threshold, mortgage rates have moved lower in the past two weeks. And they have the potential to continue dropping by the end of the year, depending on how markets react after next week’s Federal Reserve meeting. At HousingWire’s Mortgage Rates Center on Tuesday, the 30-year conforming rate averaged 6.87%. That…

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