Movement Mortgage has announced the appointment of Andrew Chevalier as a market leader. In his new job, he will be focused on expanding the company’s presence in the Illinois and Wisconsin markets. Chevalier comes to Movement Mortgage from Granite State Credit Union,...
A condominium apartment in New York City’s Billionaires’ Row has reportedly sold for about $80 million. The Wall Street Journal, sourcing its coverage from “two people familiar with the situation,” reported the 8,000-square-foot apartment at 220 Central Park South was...
Mortgage application activity declined for the week ending Aug. 11, according to new data from the Mortgage Bankers Association (MBA). The Market Composite Index, the trade group’s measure of mortgage loan application volume, dropped by 0.8% on a seasonally adjusted...
Single‐family housing starts in July were at a rate of 983,000, according to data from the U.S. Census Bureau and U.S. Department of Housing and Urban Development. July’s level was 6.7% above the revised June figure of 921,000. Privately‐owned housing starts in July...
Second quarter commercial and multifamily mortgage loan originations sank by 53% from one year ago, according to new data from the Mortgage Bankers Association (MBA). However, the originations level was up 23% from the previous quarter. Decreases in originations for...
