The Federal Reserve has decided to keep rates at their current rate of 5.25% to 5.5%. The central bank’s policy making Federal Open Market Committee stated that “economic activity has been expanding at a solid pace,” with strong job gains and low unemployment. And...
The National Association of Realtors (NAR) has launched its sixth iteration of the “That’s Who We R” national advertising campaign, featuring a new season of its “First-Time Buyer” series. The campaign highlights various challenges that emerge when...
Mortgage applications activity took a downturn in the latest data report from the Mortgage Bankers Association (MBA) for the week ending Jan. 26. The Market Composite Index was down by 7.2% on a seasonally adjusted basis from one week earlier, although the unadjusted...
Rutledge Claims Management Inc. (RCM), a San Diego-headquartered provider of hazard insurance claims management for the mortgage industry, promoted Aubrey Gilmore from chief operations officer to president. In her new role, Gilmore will oversee RCM’s core services and...
The Chicago-headquartered global leadership advisory firm Russell Reynolds Associates (RRA) has hired Gemma Burgess as a managing director to join Deb Barbanel as co-lead of the global real estate practice. Burgess most recently served as CEO and vice chairman at...
