Two nationwide department store retailers, Macy’s (NYSE: M) and Kohl’s (NYSE:KSS) have announced plans to close stores. Macy’s confirmed the closure of 66 of what it defined as “non-go-forward store locations.” The company stated the...
Ridgeland Mortgage, a recently formed joint venture between mortgage lender loanDepot Inc. (NYSE: LDI) and home builder Smith Douglas Homes (NYSE: SDHC), has appointed Teresa Carlile as president. In her new role, Carlile will lead the business’ growth and daily...
Federal Housing Finance Agency (FHFA) Director Sandra Thompson will resign on Jan. 19, one day before President-elect Donald Trump will be sworn into office. Bloomberg first reported Thompson’s decision to step down from the FHFA leadership; the agency has not issued...
The confirmed death toll from the Los Angeles wildfires to 10 people as the five simultaneous blazes destroyed more than 10,000 structures, including 9,000 homes. According to combined media reports, Los Angeles County Sheriff Robert Luna is expecting more deaths to...
Mortgage rates came closer to the 7% level in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.93% as of Jan. 9, up from last week when it averaged 6.91%. A year ago at this time, it averaged...
Mortgage Credit Bureaus Rework Pricing as Lenders Gain More Score Choices
