Notable mortgage industry hires and promotions, Jan. 16-20
Reading Time: 2 minutesGuaranty Home Mortgage Corp. (GHMC) expanded its retail lending division by adding Andy Voyles … Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Total housing starts backtrack again, but single-family building surprises in December

Reading Time: 2 minutesU.S. housing starts receded 1.4% from November to December, according to the U.S. Census Bureau and … Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Four in five buyers report no regrets about their home purchase

Reading Time: 2 minutesMore than 80% of homeowners have no regrets about their most recent home purchase, according to a su… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Deal volume in student housing reaches all-time high in 2022

Reading Time: 2 minutesLast year saw a new record high in transaction volume across the U.S. student housing sector, with a… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Home price growth continues to slow in fourth quarter

Reading Time: < 1 minuteU.S. home price gains continued to slow at the end of 2022, falling to a non-seasonally adjusted yea… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Industry Watch: Wells Fargo closes correspondent division, Rocket to give free credit reports and more
Reading Time: 2 minutesWells Fargo is shuttering its correspondent lending business, characterizing the move in a press rel… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Cooling market leading to inventory growth as homes spend more time in listings

Reading Time: 2 minutesThe dampening housing market continues to swing fundamentals in the favor of buyers, with inventory … 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. 9-13
Reading Time: 2 minutesDeephaven Mortgage added Jason Dumke as its Eastern regional vice president of wholesale sales…. Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Concessions ramp up as sellers grapple with dwindling demand

Reading Time: 2 minutesThe fourth quarter of 2022 saw home sellers give concessions to buyers in 41.9% of all U.S. home sal… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Foreclosures skyrocket in 2022 but remain below pre-pandemic levels

Reading Time: 2 minutesIn its year-end 2022 U.S. Foreclosure Market Report, Attom Data Solutions revealed that 324,237 prop… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in