Higher home prices and elevated mortgage rates did not stop buyers last month as new single‐family houses sales during March were at a seasonally adjusted annual rate of 693,000, according to data from the U.S. Census Bureau and the Department of Housing and Urban...
Cleveland-headquartered CrossCountry Mortgage is now offering the CCM EasyGreen, a mortgage designed to enable borrowers to save money by using energy-efficient appliances and making eco-friendly improvements to their homes. According to the company, income qualified...
Salt Lake City-headquartered Arrive Home has launched its Earned Equity Program to help expand homeownership to borrowers who do not qualify for a traditional mortgage. According to the company, the Earned Equity Program provides program participants with a long-term...
The investment firm LaPhair Capital Partners announced its acquisition of Kinexx Modular Construction, a provider of modular building solutions. Kinexx will operate as a subsidiary of LaPhair Capital Partners, with Scott Upshaw as its new CEO. LaPhair plans to bolster...
John B. Johnson, the co-founder and former CEO of MortgageAmerica Inc., passed away on April 15 at the age of 84. Johnson began his mortgage banking career began in 1966 at Colonial Mortgage Company, where he rose through the ranks to become chief operating officer....
The Kroger Co. (NYSE: KR) and Albertsons Companies Inc. (NYSE: ACI) plan to divest an additional 166 supermarkets to gain regulatory approval of their proposed $24.6 billion merger. The Kroger-Albertsons transaction was announced last October, but in February a...
