Ally Financial Inc. (NYSE: ALLY) announced that CEO Jeffrey J. Brown will be stepping down early next year. Brown, who will also be leaving the Charlotte-based lender’s board of directors, has been chief executive since 2015. He will remain at Ally until Jan. 31,...
Zillow Group (NASDAQ: Z, ZG) has added a search by school feature to the Zillow app that enables users to locate properties within specific school attendance zones or districts. The search by school feature can be accessed through the Zillow search bar and offers...
Bedrock Energy, a Los Angeles technology startup that designs, constructs and delivers geothermal heating and cooling systems to commercial properties, announced $8.5 million in seed capital. The financing round is led by Wireframe Ventures, with participation from...
Mortgage application activity recorded a slight uptick last week, according to new data from Mortgage Bankers Association (MBA). The Market Composite Index, the trade group’s measure of mortgage loan application volume, inched up by 0.6% on a seasonally adjusted basis...
The Consumer Financial Protection Bureau (CFPB) filed a lawsuit against Freedom Mortgage Corp. that alleged its mortgage loan data that was “riddled with errors” and put the Boca Raton, Florida-based company in violation of both the Home Mortgage Disclosure Act (HMDA)...
Mortgage credit availability increased in September, according to the Mortgage Bankers Association (MBA). The MBA’s Mortgage Credit Availability Index (MCAI) increased by 0.6% to 97.2 last month; the index was benchmarked to 100 in March 2012. Both the Conventional...
Hits and Misses for the Real Estate Week of Aug. 24-28
