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
Mounting material shortages could impede industrial construction
Reading Time: 2 minutesRecent shortages of building materials, along with ensuing price increases in those materials, have … Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Industry Watch: Quicken becomes Rocket, Guild acquires RMS, Genworth delays IPO and more
Reading Time: 2 minutesQuicken Loans has announced that it is officially changing its name to Rocket Mortgage, effective Ju… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
With equity still on the rise, growing prices great news for homeowners
Reading Time: 2 minutesAbout 17.8 million homes in the United States were equity-rich in the first quarter of 2021, accordi… 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 10-May 14
Reading Time: 3 minutesNewRez LLC has announced that Rajinder Singh has joined its executive team as chief risk officer, ef… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
