Notable mortgage industry hires and promotions, Nov. 15-19
Reading Time: 2 minutesGuaranteed Rate announced organizational changes to its executive leadership team, with John Palmiotto named chief production officer and James Elliott named president of OriginPoint, a recently formed joint venture with Compass. In his newly created position, Palmiotto, who has more than 25 years of experience in the mortgage industry, will focus on driving more business and […]
Commercial asset prices see largest ever year-over-year jump in October
Reading Time: 2 minutesWith investors clamoring for opportunities and plenty of capital to be had, the prices of U.S. commercial real estate saw their largest ever year-over-year jump in October, according to Real Capital Analytics’ (RCA) latest Commercial Property Price Indices (CPPI) report. Prices jumped 15.9% year over year in October, the fastest annual pace in the history […]
