Industry Watch: Rocket Pro TPO adds dedicated ‘Crews,’ UWM to credit borrowers for appraisals and more
Reading Time: 2 minutesDeephaven Mortgage has announced a new Jumbo Prime loan product to help bankers and brokers compete … Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Home seller profits rise to highest since at least 2008

Reading Time: 2 minutesHome sellers across the country realized a median profit of $94,092 on the typical sale in 2021, acc… 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, Jan. 24-28
Reading Time: 3 minutesUnited Wholesale Mortgage (UWM) announced that Blake Kolo has been named head of investor relations … 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 end 2021 strongly as December figures top projections

Reading Time: 2 minutesSales of new single-family homes in December hit a seasonally adjusted annual pace of 811,000 units,… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Inflation worries fuel investor pessimism for near-term market outlook

Reading Time: 2 minutesHow do real estate investors feel about the current prospects of the real estate market compared to … Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Commercial real estate deal volume leaps nearly 90% annually in 2021

Reading Time: 2 minutesWith the entirety of 2021 now in the books, it’s safe to say that the U.S. commercial real estate ma… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Industry Watch: Milo debuts ‘crypto mortgage,’ Colorado agency integrates ICE technology and more
Reading Time: < 1 minuteMilo announced a new 30-year “crypto mortgage” that is aimed at allowing cryptocurrency investors to… 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, Jan. 17-21
Reading Time: 2 minutesGuild Mortgage selected Victoria Garcia DeLuca as its first vice president of marketplace diversity … Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
December existing-home sales down, but full-year numbers hit 15-year high

Reading Time: 2 minutesFirst, the bad news: December saw the end of a three-month streak of rising existing-home sales, whi… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Surprising December construction gain brings positive end to 2021 home construction

Reading Time: 2 minutesHousing starts during December were at a seasonally adjusted annual rate of 1.702 million units, a s… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in