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...
New Effort Seeks to Redirect Chicago Mayor’s $300 Million Property Tax Hike
Chicago Mayor Brandon Johnson’s proposed $300 million property tax increase to shrink the city’s $1 billion budget deficit is likely to be redirected with new revenues from other taxes and fees. The Chicago Sun-Times reported 22 of the 50-member Chicago City Council...
Daniel Wallace Named Chief Operating Officer at Maxex
Maxex, an Atlanta-headquartered digital mortgage exchange designed to enable buying and selling residential loans through a single clearinghouse, announced the hiring of Daniel Wallace as chief operating officer. Wallace previously served as CEO of Haven Servicing, a...
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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/
