According to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), the recent slide in mortgage rates has helped end a four-month decline in builder confidence,...
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MPA Names New Principal Advisor
...privilege of working with during my tenure at Wells Fargo,” said Bob Caruso, CEO of ServiceMac. “He [Johnson] is a bottom line, results-oriented professional, that knows the mortgage servicing business.”...
Read More »Builder Sentiment Declines, But Experts Remain Optimistic
...to the NAHB/Wells Fargo Housing Market Index (HMI). This is the fourth consecutive monthly drop in builder confidence, as sentiment levels have declined 22 points since July and are at...
Read More »The Week Ahead: Tackling the Nation’s Housing Shortage Dilemma
...of Housing Access & Affordability, Wells Fargo Foundation The featured presentation from Laurie Goodman, Institute Fellow, Urban Institute; Marcos Morales, Executive Director, Hogar Hispano Inc.; Sasha-Gaye Angus, President and CEO,...
Read More »loanDepot Promotes David Smith to VP of National VA Lending
...held mortgage, real estate, sales, and training roles with companies such as Prudential Real Estate, USAA, Wells Fargo, and Mutual of Omaha. “Serving my fellow veterans by helping them purchase...
Read More »Thomas Nides Steps Down From Role as Wells Fargo Vice Chairman
Thomas Nides, former Vice Chairman of Wells Fargo Just weeks after being named Vice Chairman of Wells Fargo, the company has announced that Thomas Nides has decided to leave the...
Read More »23-Year-High Mortgage Rates Further Suppress App Volume
...October 2023 fell four points to 40 from a downwardly revised September reading, according the NAHB/Wells Fargo Housing Market Index (HMI), marking the third consecutive monthly drop in builder confidence....
Read More »Home Builder Confidence Dips for Third Consecutive Month
...builder confidence in the market for newly built single-family homes in October fell four points to 40 from a downwardly revised September reading, according to the NAHB/Wells Fargo Housing Market...
Read More »Mortgage Rates Push Closer to the 8% Mark
...newly built single-family homes in September 2023 fell five points to 45, according to the NAHB/Wells Fargo Housing Market Index (HMI). "The Freddie Mac fixed rate for a 30-year loan...
Read More »New Residential Sales Slow in August
...Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). “High mortgage rates are clearly taking a toll on builder confidence and consumer demand, as a growing number of buyers are electing...
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