Industry Watch: ICE, Black Knight respond to FTC
Reading Time: < 1 minuteDaily AI, a customer relationship management (CRM) fintech platform for the mortgage industry, annou… 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 20-24
Reading Time: 2 minutesGuild Mortgage announced that Terry Schmidt, the company’s current president, will succeed the outgo… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Modest new home sales increase in February extends streak of gains
Reading Time: 2 minutesSales up 1.1%, driven by lower interest rates, gains in South and West
Study: Rent controls reduce multifamily investment
Reading Time: 2 minutesWhile well-meaning, rent controls work against intended purpose, National Apartment Association says
Despite banking insecurity, Fed raises benchmark rate by 25 basis points
Reading Time: 2 minutesNinth straight increase moves federal funds rate’s target range from 4.75% to 5%
Commercial and multifamily mortgage debt grows by $324 billion in 2022
Reading Time: 2 minutesOutstanding debt increases 7.7% year over year
February existing home sales surge due to lower mortgage rates
Reading Time: 2 minutesMedian price drops, ending record streak of annual increases
Independent mortgage banks suffer through horrid fourth quarter
Reading Time: 2 minutesFinal quarter of 2022 sees largest production loss, highest total production expenses ever
Guild CEO McGarry to retire in June
Reading Time: 3 minutesCurrent president to succeed her in CEO position; McGarry to remain on company’s board
Industry Watch: Guild acquires Cherry Creek, a lifeline for First Republic and more
Reading Time: < 1 minuteKind Lending announced the formation of a new joint venture mortgage company, Results Home Mortgage,… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
