Notable mortgage industry hires and promotions, June 27-July 1
Reading Time: 2 minutesAngel Oak Home Loans announced the hiring of Steven Valladares as its vice president of corresp… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
FGMC files for bankruptcy after mass layoffs, partner concerns
Reading Time: 2 minutesIn a seemingly inevitable step after laying off the majority of its workforce last week, First Guara… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
First American: Housing affordability drops to lowest point since 2007
Reading Time: 2 minutesThe latest Real House Price Index (RHPI) report from First American Financial Corp. offered further … Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Freddie Mac adds on-time rent payments to loan purchase decisionmaking
Reading Time: 2 minutesIn a move to boost homeownership possibilities for first-time buyers, Freddie Mac announced that it … Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
After months of pickup, Case-Shiller Home Price Index finally slows in April
Reading Time: 2 minutesThe S&P CoreLogic Case-Shiller National Home Price Index registered a 20.4% annualized gain in A… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Home flips continue to grow, but profit margins continue to slide
Reading Time: 2 minutesHome-flipping activity and home-flipping profits went in two squarely different directions during fi… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Vacation-home demand dips below pre-pandemic level for first time in two years
Reading Time: < 1 minuteFor the first time in two years, demand for vacation homes has fallen below pre-pandemic levels, as … Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Industry Watch: UWM drops rates, a new branch for Geneva Financial and more
Reading Time: < 1 minuteUnited Wholesale Mortgage (UWM) announced that it will drop interest rates across the board by … 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 post a May surprise with an 11% monthly gain
Reading Time: 2 minutesFriday’s new residential sales report from the U.S. Census Bureau brought some surprisingly good new… 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, June 20-24
Reading Time: 3 minutesJLL Capital Markets announced that managing director Martha Nay has been appointed to lead its newly… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
