February freeze, low supply hold back existing-home sales
Reading Time: 2 minutesExisting-home sales took a step back in February, falling 6.6% month over month to a seasonally adju… 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 jumbo at UWM, Sprout; Angel Oak, Homespire open branches; and more
Reading Time: 3 minutesHomespire Mortgage has announced the continued expansion of its operations with five new branches on… 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, March 15-March 19
Reading Time: 2 minutesHomepoint has welcomed John Forlines as the company’s new chief risk officer and Jean Weng as its ne… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Housing starts see sharp February drop
Reading Time: 2 minutesWeather, material costs hold back residential construction
Soaring lumber prices hiking new-home prices by $24,000
Reading Time: < 1 minuteElevated material costs push builder sentiment down in latest NAHB survey
Homeowners gained more than $1.5 trillion in equity in 2020
Reading Time: 2 minutesEquity continued to mount in the fourth quarter of 2020, with mortgage-carrying American homeowners … 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 tech company from Guaranteed Rate, hybrid product from Finance of America and more
Reading Time: 2 minutesGuaranteed Rate has announced the formation of Gateless, a new mortgage technology company that prov… 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, March 8-March 12
Reading Time: 4 minutes Fendelman Roostify has added Roger Fendelman as its first chief compliance officer. Fendelman… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Rep. Omar reintroduces bill to cancel rent, mortgage payments
Reading Time: 3 minutesLegislation would also establish relief funds for mortgage holders, landlords to cover losses
Vacation destinations double as hot home markets over past 12 months
Reading Time: 2 minutesA new Redfin study searching for the housing markets that have heated up the most during the past ye… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
