Navigating Home Buying and Budgeting During Inflation
Inflation is a term we often hear in economic discussions, but its impact on our day-to-day lives can be significant, especially when it comes to making substantial financial decisions like buying a home. With rising prices affecting various aspects of our finances, it’s crucial to understand how inflation can influence the home-buying process and how […]
FHA’s New Policy Expands Home Financing for Accessory Dwelling Units
In a significant move to address affordable housing challenges and promote generational wealth building, the U.S. Department of Housing and Urban Development, through the Federal Housing Administration (FHA), has announced an expansion in access to mortgage financing for homes with Accessory Dwelling Units (ADUs). This groundbreaking policy shift increases access to quality, affordable housing for […]
Celebrating Excellence: Richard Steinberg Wins 2023 HousingWire Vanguard Award
In a momentous achievement, Nationwide Mortgage Bankers (NMB) proudly announces that Richard Steinberg, Founder and Chairman, has been honored with the distinguished 2023 HousingWire Vanguard Award. This accolade recognizes his exceptional leadership, innovation, and enduring impact on the housing industry. Visionary Leadership at the Helm of NMB The HousingWire Vanguard Awards commend industry leaders for […]
Fannie Mae expanding Loan-to-Value limits on multi-family properties for purchase and limited cash-out.
Exciting News For Homebuyers! Starting November 18, 2023, Fannie Mae is expanding Loan-to-Value limits on multi-family properties for purchase and limited cash-out. This means increased access to credit and support for affordable rental housing. A key change includes a boost in maximum allowable LTV, CLTV, and HCLTV ratios to 95% for two-to-four-unit, principal residence, purchase, […]
NMB Promotes Mary O’Sullivan to Chief Operating Officer
Nationwide Mortgage Bankers is pleased to announce the promotion of Mary O’Sullivan from Executive Vice President of Operations to Chief Operating Officer. Mary O’Sullivan brings more than two decades of experience to her new role. Known for her people-centric approach, Mary is committed to building lasting relationships with both internal teams and external partners. Her […]
NMB Named to Inc.’s 2022 Best in Business List
We’re thrilled to announce that NMB has made Inc.’s 2022 Best in Business list! NMB was named a winner in the Financial Services Category. Just like the famed Inc. 5000, which recognizes the fastest-growing companies in America, being named to the Best in Business list is a rare and special honor that only the most […]
NMB Takes Home 4 More Awards
We’re pleased to announce that Nationwide Mortgage Bankers, Inc., has taken home four 2022 Top Workplaces National Culture Excellence Awards. NMB was recognized as a Top Workplace in the following categories for mid-sized businesses: Ranked #1 Overall Woman-Led Workplaces Ranked #2 Overall Professional Development Ranked #4 Overall Employee Appreciation Ranked #4 Overall Employee Well-Being At NMB, we know that […]
NMB Announces Partnership with New York Islanders
Nationwide Mortgage Bankers, Inc. (NMB), one of the fastest-growing mortgage lenders in the nation, announced today that it has teamed up with the New York Islanders to be the National Hockey League club’s official mortgage partner heading into its 50th Anniversary season. Richard Steinberg, Founder & Chairman of the Board at NMB has been a […]
NMB Named a Fast 50 Business by Crain’s New York
We’re proud to announce that Nationwide Mortgage Bankers, Inc., has been named the #1 Mortgage and #10 Fastest Growing Company in New York City by Crain’s New York Business’ Fast 50 for 2022! We’re absolutely honored to have earned this recognition. Most companies do not reach this level of success without a strong leadership team and devoted employees. […]
NMB Founder and Chairman, Richard Steinberg, weighs in on how higher interest rates may be easing the competition for some home buyers.
NMB Founder and Chairman, Richard Steinberg, weighs in on how higher interest rates may be easing the competition for some home buyers in a recent Newsday article. Check out the full article here: Average U.S. mortgage rate dips for first time since August
