Notable mortgage industry hires and promotions, May 23-27
Reading Time: 3 minutesThe Federal Housing Finance Agency (FHFA) officially has a new permanent director, with Sandra Thomp… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
‘A challenging mortgage market environment’: IMB profits plummet in first quarter

Reading Time: 2 minutesIndependent mortgage banks and mortgage subsidiaries of chartered banks posted a net gain of $223 on… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
JLL: Urban retail recovery still ongoing, but on ‘trajectory toward normalcy’

Reading Time: 2 minutesA new report from JLL has posited that, while the recovery of urban retail real estate is still ongo… 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 plummet in April, falling to lowest level in two years

Reading Time: 3 minutesNew-home sales took a nosedive in April, with the seasonally adjusted annual rate of 591,000 units s… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Attom Data: With home prices still high, single-family rental returns dropping

Reading Time: 2 minutesA new single-family rental (SFR) market report from Attom Data Solutions revealed that profit margin… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Inventory shortage shows early signs of easing, according to Redfin

Reading Time: 2 minutesThe persistent shortage that has plagued the U.S. housing market for years may be on the cusp of let… 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 branches for Geneva Financial, Hometown Lenders and more
Reading Time: < 1 minuteTitle Alliance announced its expansion into the Nevada market, growing the company’s footprint into … 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 16-20
Reading Time: 2 minutesOpen Mortgage selected Brenda Hedeen as its new chief financial officer while Anthony Nolte, the com… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Existing-home sales see third consecutive month of decline in April

Reading Time: < 1 minuteExisting-home sales dropped for the third consecutive month in April, falling to their slowest pace … Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Suburban homes gaining value faster than urban counterparts, Zillow finds

Reading Time: 2 minutesA new Zillow study found that homes in U.S. suburbs have recently been appreciating faster than urba… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in