Notable mortgage industry hires and promotions, July 19-July 23
Reading Time: 3 minutesFreddie Mac has announced that Jerry Mauricio will serve as the company’s senior vice president and … Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Skid of declining existing-home sales finally snaps in June

Reading Time: 2 minutesWith the supply shortage seeing slight progress, June snapped a four-month streak of declining exist… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Demand for condos on the upswing, Redfin reports

Reading Time: 2 minutesInterest in condominiums appears to be rebounding after dipping during the pandemic, according to ne… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Commercial deal volume sees exaggerated Q2 growth, but more substance lies beneath headline numbers

Reading Time: 2 minutesLook at the annual growth rates for commercial deal volume reported by Real Capital Analytics (RCA) … Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Mixed bag in June construction: Starts bounce back, but permits lag

Reading Time: 2 minutesJune residential construction data offered a mixed bag of results in June, with housing starts beati… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Apartment rent growth spikes to record levels nationwide

Reading Time: 2 minutesMultifamily asking rents jumped 6.3% year over year in June, the largest annual increase seen by Yar… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Fannie Mae’s home-price forecast jumps to nearly 15% for 2021

Reading Time: 2 minutesWith home price growth showing few signs of losing momentum, Fannie Mae’s Economic and Strategic Res… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Lending industry still feeling impact from Cloudstar ransomware attack

Reading Time: 2 minutes[Editor’s Note: This is a developing story. Scotsman Guide will update the story as it develops.] Cl… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Industry Watch: Guaranteed Rate forms new company, new loan program from Interfirst and more
Reading Time: < 1 minuteGuaranteed Rate and Compass, Inc., have announced a definitive agreement to form OriginPoint, a new … Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Citing success of COVID-19 policies, FHFA rescinds ‘adverse market refinance fee’

Reading Time: 2 minutesThe Federal Housing Finance Agency (FHFA) has announced that Fannie Mae and Freddie Mac will do away… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in