As the deadline nears for the renewal of funding for the National Flood Insurance Program, the Senate Banking Committee will spotlight the importance of the program, and how a lapse in the program could threaten 1,300 property sales each day.
Read More »Success Rises From the Ashes
William Tessar of CV3 Financial Services, discusses tradition and evolution in private lending.
Read More »Low-Rate Environment to Thaw Mortgage Lock-In Effect?
Doug Duncan, Fannie Mae SVP and Chief Economist, forecasts positive things for 2024. But here’s why rates “still have a significant way to go in order to meaningfully reduce the ‘lock-in effect.’”
Read More »Rocket Companies Appoints First-Ever Group CMO
With decades of experience growing brands for public companies including Coca-Cola and Airbnb, internationally recognized marketing leader Jonathan Mildenhall has been named Rocket Companies' first-ever Chief Marketing Officer.
Read More »California MBA Taps AMDC Chair to Lead Its DE&I Committee
Arrive Home President Tai Christensen has been named Chair of California MBA’s Diversity, Equity & Inclusion Committee to assist the association with its effort to promote diversity and inclusion within the mortgage lending space.
Read More »Ally Financial to Appoint New Interim CEO
With his career spanning more than three decades, Ally Financial has announced that industry veteran Douglas Timmerman, President of Dealer Financial Services, will be appointed as the company's interim CEO on February 1, following the departure of sitting CEO Jeffrey J. Brown.
Read More »New Home Purchase Mortgage Apps Post YoY Gain
According to Joel Kan, MBA’s VP and Deputy Chief Economist, “Mortgage applications for new homes showed a 22% annual gain in December—the 11th consecutive year-over-year increase in applications.”
Read More »Rents Outpacing Home Prices in More Than Half the Nation
Rents are elevating, growing at a much faster pace than home prices in most local U.S. markets. According to new data, however, renting remains more affordable than homeownership for many.
Read More »Housing Stock on the Rise Nationwide
The Census Bureau and HUD report that single-family housing completions rose month-over-month in December, boosting housing supply nationwide.
Read More »Call Centers Under New Scrutiny for ‘Soft Skills’
Samantha Shanaberger of Clayton Servicing Oversight examines the policies and practices of servicer call centers, and how these centers must remain vigilant of changing rules and regulations.
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