Sprout Mortgage has announced the hiring of Vincent Daino as Senior VP of Strategic Relationships. In his new role, Daino will focus on growing and overseeing the company's ...
Read More »Housing Inventory Down 22% From Last Year
Rapidly rising mortgage rates are worsening affordability challenges that have been brought on by record home value growth. According to the March Zillow Real Estate Market Report, monthly ...
Read More »Fannie Mae Downgrades Expectations for Economic Growth
According to the April 2022 commentary from the Fannie Mae Economic and Strategic Research (ESR) Group, expectations of aggressive monetary policy tightening through 2023 by the Federal Reserve ...
Read More »Rates Rise for Seventh Straight Week
The spring is generally a prime season for house buying, however the recent upswing in mortgage rates has caused some volatility in demand.
Read More »Flagstar Names Jim Linnane President of Distributed Retail Mortgage
Flagstar Bank has named Jim Linnane President of Flagstar's Distributed Retail Mortgage division. In this role, he will be responsible for strategy, profitability, sales, growth, recruitment, and operations ...
Read More »Achieving Customer Satisfaction Through Mortgage Lending Technology
An upcoming webinar will key in on what the industry can do to meet consumer demand amidst current economic landscape and changing customer expectations.
Read More »Mortgage App Volume Continues to Slide
With mortgage rates hitting the 5%-mark, potential buyers have tapped the brakes on home purchases as application volume dives yet again.
Read More »Existing-Home Sales Fall for Second Consecutive Month
The rise in interest rates and inflationary pressure have taken a toll on home purchases, as the sale of existing homes continues to slide.
Read More »Average Rent Increases 17% YoY
Now is not a great time to be a renter according to new data from Redfin, which found that the median rent surged in March to $1,940—the largest annual increase since February 2020.
Read More »Optimal Blue Launches Investor Pricing Insight
Optimal Blue, a division of Black Knight, Inc. announced the release of Investor Pricing Insight, a benchmarking tool that makes real-time pricing available to wholesale and correspondent mortgage ...
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