News

Necessary materials such as softwood lumber, oriented strand board, and ready-mix concrete used in homebuilding aren’t getting cheaper, according to August’s Department of Labor’s Producer Price Index.

Marsha Williams, a compliance expert at Mortgage Resources Group (MRG) will speak at two industry events this month. Williams will discuss “What’s Happening in Residential Mortgage Lending?” at the Texas Association of Bank Counsel Convention in Bastrop, Texas, which takes place September 21-22. She will also be part MBA's Risk Management, QA and Fraud Prevention Forum in Miami, September 24-26. Williams serves as senior attorney at MRG, which has been offering mortgage industry compliance solutions for more than 35 years.

The U.S. Senate has officially confirmed Pamela Patenaude to serve as Deputy Secretary of the U.S. Department of Housing and Urban Development (HUD). According to a press release ...

HouseCanary, a San Francisco based real estate data analytics and valuation platform, announced today a commitment of $31 million in funding from investors, bringing the company’s total funding to $64 million since it was founded in 2014. Among the investors were Alpha Edison and PSP Growth, a division of PSP Capital, which was founded by former Commerce Secretary Penny Pritzker. HouseCanary also received additional investment from existing investors in its Series B funding. “Our vision continues to be validated by both the technology and real estate industries, and is further underscored by the support from PSP Growth and Penny Pritzker, one of America’s most prominent entrepreneurs and business builders,” said Jeremy Sicklick, CEO of HouseCanary.

DIMONT, a Dallas, Texas-based provider of insurance claims and collateral loss mitigation for residential mortgage and auto loans, announced Wednesday Scott Arnold will serve as the company’s SVP of Finance and Administration. With more than 40 years of experience in senior level positions in accounting, finance, and management across several industries, Arnold came to DIMONT in 2016 as VP of Finance. He had previously served as DIMONT’s interim controller twice. Arnold is licensed as a CPA in Texas and Wisconsin and holds a Bachelor of Business Administration in Accounting from the University of Wisconsin-Milwaukee.

Rising home prices and low inventory isn’t just a narrative for homebuyers. As rental houses have been in high demand, a lack of supply is boosting rental home ...

The United States Census Bureau reported that in 2029, more than 20 percent of the total U.S. population will be over the age of 65—that’s why part of Freddie Mac’s mission is addressing the impending issue of senior housing.

Brian A. Potestivo, President and Managing Attorney of Potestivo & Associates, P.C. was named a 2017 Super Lawyer. Supervising Litigation Attorney, Chantelle R. Neumann, was additionally selected for inclusion in the 2017 Michigan Rising Star List.

JPMorgan Chase President and CEO Jamie Dimon had much to say on the state of the U.S. economy, the housing market, and hurdles that need to be overcome to advance the industry, according to a recent interview.

Today President Trump announced the intent to nominate Federal Housing Administration Veteran Brian Montgomery to Assistant Secretary of Housing and Urban Development, Federal Housing Commissioner. See what issues he thinks should be addressed if confirmed.