"We've been noting for some months that the recent rate of home price gains would have a lagging, but significant, impact on the annual rate of appreciation," said Black Knight VP of Enterprise Research Andy Walden. "Well, June marked that inflection point."
Read More »AFR Announces Sale to Proprietary Capital
Full-service mortgage banker announces agreement to sell 100% of the company to institutional platform for investors to gain exposure to the U.S. residential-mortgage market.
Read More »First Horizon Extends Contract With CEO D. Bryan Jordan
Memphis, Tennessee-based regional financial services company extends Chairman, President and CEO D. Bryan Jordan's employment agreement for five more years.
Read More »Online Searches for ‘HELOC’ Hit Record High
Homeowners are feeling the pinch as searches for Home Equity Line of Credit (HELOC) hit their highest point in U.S. internet history
Read More »Starter Homes Smaller, Yet Pricier Compared to 11 Years Ago
In fact, according to a LendingTree analysis of U.S. Census Bureau Characteristics of new housing data, homes have shrunk slightly since 2012, but the average price per square foot has nearly doubled.
Read More »Varun Krishna Joins Rocket Companies as CEO
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 »Survey Reveals Buyers’ Lack of Basic Homeownership Concepts
Despite the widespread aspiration for homeownership, many Americans lack the necessary knowledge of basic concepts integral to this dream.
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 »Fed Resumes Rate Increases with a 25 BPS Hike
At the conclusion of Fed’s two-day July meeting, the Federal Open Market Committee moved to raise the base interest rate by 25 basis points, with all members voting in favor of the action.
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.
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