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Brandon Milhorn Tapped to Become Next Chief Executive for the CSBS

Brandon Milhorn Tapped to Become Next Chief Executive for the CSBS

by Phil Hall | Nov 30, 2023 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Conference of State Bank Supervisors (CSBS) announced the appointment of Brandon Milhorn as its next president and CEO, effective Dec. 4. He succeeds James M. Cooper, who is retiring. Milhorn is currently deputy to Travis Hill, vice chairman of the Federal Deposit...
Pending Home Sales at Historic Low Level

Pending Home Sales at Historic Low Level

by Phil Hall | Nov 30, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Pending home sales were at a historic low level in October, according to new data from the National Association of Realtors (NAR). The NAR Pending Home Sales Index (PHSI) in October fell 1.5% from the previous month to 71.4, the lowest number since the index was...
New Documentary Series ‘L.O. Confidential’ Focuses on Mortgage Originators

New Documentary Series ‘L.O. Confidential’ Focuses on Mortgage Originators

by Phil Hall | Nov 29, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Fairway Independent Mortgage Corp. has produced a three-part documentary series about its mortgage originators. “L.O. Confidential: A Season on the Street” follows three Fairway teams in Arizona, Indiana and Texas over several months. The episodes detail how the loan...
BMO Expands Welcome Home Grant Program to California

BMO Expands Welcome Home Grant Program to California

by Phil Hall | Nov 29, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

BMO Financial Group has announced a $2 million commitment to expand its Welcome Home Grant program to California. The program offers up to $16,000 in grants to eligible borrowers to help with down payment and closing costs, helping buyers in underserved communities...
MBA Awards Over $156K in Path to Diversity Scholarships

MBA Awards Over $156K in Path to Diversity Scholarships

by Phil Hall | Nov 29, 2023 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Mortgage Bankers Association (MBA) has awarded $156,463 in scholarships to 179 industry professionals under its Path to Diversity (P2D) Scholarship Program during the 2023 fiscal year that ended on Sept. 30. The scholarships were given to industry professionals...
JZZ Technologies Closes Acquisition of Oxygen Mortgage

JZZ Technologies Closes Acquisition of Oxygen Mortgage

by Phil Hall | Nov 29, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Anderson, South Carolina-based JZZ Technologies Inc. (OTC Pink: JZZI), a diversified company focused on real estate development and digital media, announced the closing of its acquisition of O2 Mortgage LLC, dba Oxygen Mortgage. Headquartered in Boulder, Colorado,...
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