Waterstone Mortgage Corporation has named Paul Garrigues as the company’s new CFO. In his new role as CFO for Waterstone Mortgage, Garrigues will serve as a liaison for ...
Read More »MBA Sees New Mortgage Payments Rise
As stated in Issac Newton’s Third Law, For every action, there is an equal and opposite reaction. While Newton’s laws were meant to be applied to the world ...
Read More »Higher Home Costs Spurring Moderation in Buyer Demand
New data suggests the U.S. housing market may have hit a turning point in its supply struggle in May, as active inventory recorded the first year-over-year increase since ...
Read More »FHFA Publishes New Final Rule
As of June 1, the Federal Housing Finance Agency (FHFA) has published a final rule that supplements the Enterprise Regulatory Capital Framework (ERCF) by requiring Fannie Mae and ...
Read More »Planet Home Lending Correspondent Appoints Industry Veterans to Team
Planet Home Lending, LLC, (Planet) has hired Steve Landes as EVP of Corporate Initiatives, Brandy Walton, SVP Business Initiatives, and Michael Bender, Eastern Divisional Correspondent Sales Manager. The ...
Read More »30-Year FRM Reaches Nearly 5.5%
A combination of continued high mortgage rates, an increase in inventory, and a dwindling pool of homebuyers are slowly bringing the nation’s housing market back to normalcy.
Read More »Real House Prices Increase Nearly 33% YoY
First American Financial Corporation released the March 2022 First American Real House Price Index (RHPI). The RHPI measures the price changes of single-family properties throughout the U.S. adjusted ...
Read More »Owners See Wisdom in Renovating Existing Properties
Still hot as ever, the housing market is continuing to find new highs in 2022 but consumers now overwhelmingly agree that the time is right to mold the ...
Read More »Timothy Yanoti Returns as American Financial Resource President and CFO
American Financial Resources, Inc. (AFR) announced the pleasure of welcoming back Timothy J. Yanoti as President and CFO, where he will be leading the charge for AFR Wholesale ...
Read More »Mortgage App Volume Falls to Four-Year Low
With rates still above the 5% mark, mortgage application volume fell for the fourth time in five weeks, hitting a low last seen in December of 2018.
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