Former Ginnie Mae Chief Takes Role at Freddie Mac
Freddie Mac (OTCQB: FMCC) has announced the appointment of Sam Valverde as vice president of mission and community engagement within its single-family acquisitions division. Sam Valverde served as acting president from May through the end of November, when he stepped...
NY Times Publishes Report on NAR Executives’ High Salaries and Lavish Spending
The New York Times (NYSE: NYT) has published another investigative report into the National Association of Realtors (NAR), this time examining the financial benefits enjoyed by its executive leadership. Under the headline “Chauffeured Cars and Broadway Tickets: Inside...
Jay Crowell Named National Retail Division President at Cornerstone Home Lending
Cornerstone Home Lending, a division of Houston-headquartered Cornerstone Capital Bank, has promoted Jay Crowell to the newly created role of president of the national retail division. In his new position, Crowell will drive the strategy and continued growth of...
Zillow Promotes SVP Jun Choo to Chief Operating Officer
Zillow Group Inc. (NASDAQ: Z and ZG) announced the promotion of Jun Choo to chief operating officer (COO). In addition to Choo’s appointment, Zillow announced the departures of Susan Daimler and Matt Daimler, president of Zillow and senior vice president of...
Rocket Companies Fizzles with Q3 Loss of $481 Million
Detroit-based Rocket Companies (NYSE: RKT) recorded a $481 million loss in the third quarter on $647 million in total revenue. The company’s dismal third quarter performance followed a mild $178 million profit in the second quarter, when the company’s total revenue...
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CMBS DELINQUENCY RATE DROPS BY FIVE BASIS POINTS. Learn more at https://wrenews.com/cmbs-delinquency-rate-drops-by-five-basis-points/
JEF CONN NAMED 2024 BOARD CHAIRMAN OF TEXAS REALTORS. Learn more at https://wrenews.com/jef-conn-named-2024-board-chairman-of-texas-realtors/
MBA’S BROEKSMIT EXPRESSES ‘SIGNIFICANT CONCERN’ OVER PAUSING FORECLOSURES ON VA-GUARANTEED LOANS. Learn more at https://wrenews.com/mbas-broeksmit-expresses-significant-concern-over-pausing-foreclosures-on-va-guaranteed-loans/
