Seasoned financial services executive Aaron Drago has been named Chief Operating Officer for Deephaven Mortgage, responsible for the continuous optimization and performance of Deephaven’s daily operations.
Read More »Rising Rates, Home Prices Reduce Housing Affordability in Q3
Affordability continued to hamper first-time buyers looking to purchase a home during Q3. A new report revealed single-family existing-home sales prices grew in nearly every metro analyzed, with the national median home price climbing nearly 9% from 2021.
Read More »Planet Home Lending Correspondent Appoints Industry Veterans to Team
Planet Home Lending, LLC, (Planet) has hired Steve Landes as EVP of Corporate Initiatives, Brandy Walton, SVP Business Initiatives, and Michael Bender, Eastern Divisional Correspondent Sales Manager. The ...
Read More »Planet Home Lending Expands Team to Portland
Planet Home Lending, LLC, has announced the launch of its new team in Portland, Oregon, led by Area Sales Manager Tim Hattan, Sales Manager Tom Bond, and Loan ...
Read More »Austin Rents Soar by Nearly 50%, Marking Biggest Increase in U.S.
According to a new report from Redfin, the median monthly asking rent in the U.S. increased 15% year-over-year to a record high of $1,962 in April—slightly below March’s ...
Read More »Fannie Mae Issues $5 Million to Help Advance Racial Equity in Housing
The latest issuance of the 2022 Sustainable Communities Innovation Challenge in efforts to further advance racial equity in housing, will implement and remove barriers currently preventing many households from purchasing or renting a home.
Read More »Homebuying More Competitive Than Ever
According to a new report from Redfin, the share of home sellers who dropped their asking price jumped to a six-month-high of 15% for the four weeks ending ...
Read More »CFPB Issues Memo to Increase Consumer Protections
The Consumer Financial Protection Bureau (CFPB) has recently published an advisory opinion to affirm that the Equal Credit Opportunity Act (ECOA) bars lenders from discriminating against customers after ...
Read More »Supply Shortage, Rising Rates Push Buyers Into Homes Sooner
HouseCanary, Inc. has released its latest Market Pulse report, — a continuous review of proprietary data and insights from Housing Canary — covering 22 listing-originated metrics and comparing data between ...
Read More »Midsize, Small Markets Led Surging YoY Q1 Home Price Gains
According to the National Association of Realtors' latest quarterly report, Q1 of 2022 found more markets reaching double-digit annual price gains than the previous quarter. Meanwhile, approximately 70% of ...
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