Freddie Mac selects former Wells Fargo exec DeVito as CEO
Reading Time: 2 minutesFreddie Mac has named a new CEO, appointing housing industry veteran Michael J. DeVito to the positi… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
New-home sales continue slide in April; Q1 sales revised down
Reading Time: 2 minutesExisting-home sales disappointed in April, and new-home sales followed suit, falling 5.9% monthly to… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Case-Shiller Home Price Index posts largest annual increase since 2005
Reading Time: 2 minutesHome prices grew annually by leaps and bounds in March, with the S&P CoreLogic Case-Shiller Nati… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
75% of opportunity zones see rising home prices
Reading Time: 2 minutesMedian home prices grew year over year during the first quarter in 75% of opportunity zones, accordi… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Industry Watch: New acquisition for Black Knight, MISMO updates glossary and more
Reading Time: < 1 minuteAngel Oak Capital Advisors has announced the completion of AOMT 2021-2, the first non-agency, mortga… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Nearly half of renters switched to month-to-month payments during pandemic
Reading Time: 2 minutesNearly half of renters in the United States switched to month-to-month payments during the COVID-19 … Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Inventory woes lead to another existing-home sales dip in April
Reading Time: 2 minutesApril marked the third consecutive month of decreasing existing-home sales, which dropped 2.7% from … Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Notable mortgage industry hires and promotions, May 17-May 21
Reading Time: 2 minutesFirst American Financial Corp. has announced that Kenneth D. DeGiorgio has been named president. In … Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
April housing starts disappoint as material costs hinder builders
Reading Time: 2 minutesResidential starts in April dropped 9.5% monthly to a seasonally adjusted annual rate of 1.57 millio… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
High-priced rentals driving single-family rent growth
Reading Time: 2 minutesSingle-family rent growth was up 4.3% year over year in March, driven by the fastest increase in hig… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
