Effective July 31, the Texas-based bank will shut down its mortgage origination business, and shift its focus towards full-service banking and mortgage servicing options.
Read More »New Home Purchase Apps Rise 4% YoY
The MBA reports April marked the third consecutive month of year-over-year growth in new home purchase apps, as the mortgage rate environment continues to factor into homebuying and selling decisions.
Read More »Jeremy Hofmann Promoted to CFO of Zillow Group
Assuming the role of CFO from Allen Parker, Hofmann will oversee Zillow's finance, corporate development, strategy, and investor relations teams.
Read More »Sales on the Rise as Market Remains in Sellers’ Favor
Home values are up 1% from March to April, with a new report from Zillow revealing the market sits firmly in sellers' favor as rising demand continues to meet low supply.
Read More »Industry Reaction: Fed Once Again Hikes Interest Rates
For the tenth time, the Federal Reserve raised the nominal interest rate—this time by 25 basis points. Click through for comments from the Fed and other industry leaders.
Read More »JPMorgan Chase Bails Out First Republic, Averting Another Crisis
“Our government invited us and others to step up, and we did,” said Jamie Dimon, Chairman and CEO of JPMorgan Chase.
Read More »Michael S. Waldron Named Five Star Institute’s Executive Advisor
Founder of Compliability Solutions LLC will oversee the Editorial Advisory Board for MortgagePoint magazine in new role, drawing upon his expertise in the regulatory compliance field.
Read More »Guild Mortgage Bolsters Its Team in California
The new team, led by District Manager John Lowe, includes 40 managers, loan officers, and support staff, responsible for more than $350 million in annual production.
Read More »WFG National Title Announces Management Changes
Title insurance and real estate settlement services provider welcomes back David Jenkins as SVP, National Agency Manager, and promotes Tim Hooper to SVP, Mid-Atlantic Regional Manager for the company’s Agency Operations.
Read More »Stewart Promotes Ryan Swed to Head of U.S. Direct Operations
Title and escrow industry veteran promoted to new role with global title insurance and underwriter, tasked with leveraging new and existing technologies to grow the firm.
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