Former EVP and General Manager of Intuit will succeed Bill Emerson as the company's CEO, bringing more than 20 years of experience building consumer platform strategies to his new role.
Read More »HUD Helps Clear the Pathway to Homeownership
The Department has announced two new initiatives geared toward building new housing units, and providing tools for preserving and improving affordable housing nationwide.
Read More »More Exit From San Francisco and New York in Q2
Redfin reports that 25.5% of homebuyers in the second quarter of 2023 looked to move, with San Francisco and the Empire State topping the list as homebuyers continue to depart expensive metros in favor of areas with more affordable housing options.
Read More »Mortgage Rates Push Slightly Upward
Freddie Mac reports mortgage rates still in excess of the 6.75% mark, as home buyers are increasingly turning to new construction to secure a home, and home builders are responding by picking up the rate of construction.
Read More »HUD Takes New Actions to Strengthen Renter Rights and Protections
The Department has announced new protections and funding to build on commitments made by the Biden Administration’s Blueprint for a Renters Bill of Rights, drafted to increase fairness within the nation’s rental marketplace.
Read More »Average Purchase Loan Size Hits Highest Level Since May
The MBA reports that week-over-week, mortgage application volume fell 1.8%, partly driven by a 10% decrease in FHA applications as the overall average purchase loan size hit $432,700,
Read More »Melanie Graper Joins loanDepot as Chief Human Resources Officer
Former CoreLogic Chief Human Resources Officer joins loanDepot to manage all aspects of the company’s human capital function.
Read More »Darker-Colored Home Interiors Fetching More
A new analysis of paint color has found that charcoal gray-colored rooms can help a home sell for as much as $2,512 more, as Zillow found rooms enveloped in dark gray create a feeling of security.
Read More »Mortgage Rates Scale Back From 7%-Range
A slowdown in inflation caused the 30-year, fixed-rate mortgage to take an 18-basis point week-over-week plunge after nearly crossing the 7%-mark the week prior.
Read More »The Week Ahead: Smoothing the Road to e-Mortgages
As advancements are made in the tech world to optimize e-mortgages, the Five Star Institute and DocMagic will present a webinar discussing barriers that remain throughout the process, as well as embracing the customer service aspect of going all-digital.
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