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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 report detailed how NAR’s leaders used corporate credit cards to buy tickets to the Broadway show “Hamilton” when it opened in 2015. Continue Reading NY Times Publishes Report on NAR Executives’ High Salaries and Lavish Spending
Additional Reading: Top Real Estate Industry News & Headlines
Below, find popular recent real estate articles from top industry sources.
Astrid Vermeer Named SVP/CFO at MBA
Vermeer was previously chief financial and administrative officer for the Perkins School for the Blind. Continue Reading Astrid Vermeer Named SVP/CFO at MBA
Howard M. Lorber Abruptly Retires as Douglas Elliman’s Chief Executive
Douglas Elliman Board Director Michael Liebowitz has been appointed chairman and CEO. Continue Reading Howard M. Lorber Abruptly Retires as Douglas Elliman’s Chief Executive
The Rattiest City in America Is…
New York State had the most cities among the top 50. Continue Reading The Rattiest City in America Is…
Georgia Woman Pleads Guilty for Role in 3-Year Mortgage Fraud Scheme
Kimberly Johnson is scheduled to be sentenced on April 11. Continue Reading Georgia Woman Pleads Guilty for Role in 3-Year Mortgage Fraud Scheme
Mortgage Credit Availability Inched Up in December
The MBA’s Mortgage Credit Availability Index (MCAI) was up by 0.7% to 96.6. Continue Reading Mortgage Credit Availability Inched Up in December
Teresa Carlile Named President at Ridgeland Mortgage
Carlile was previously operations manager for business insurance at Travelers. Continue Reading Teresa Carlile Named President at Ridgeland Mortgage
Mortgage Rates Inch Closer to 7% Level
The 30-year fixed-rate mortgage averaged 6.93% as of Jan. 9. Continue Reading Mortgage Rates Inch Closer to 7% Level
Ally Financial to End Mortgage Originations
The digital-only bank’s layoffs will affect less than 5% of its workforce. Continue Reading Ally Financial to End Mortgage Originations
Mortgage Application Activity Starts 2025 in Decline
The Refinance Index increased 2% from the previous week and was 6% lower than the same week one year ago. Continue Reading Mortgage Application Activity Starts 2025 in Decline
Mortgage Rates at Highest Level Since July
The 30-year fixed-rate mortgage averaged 6.91% as of Jan. 2. Continue Reading Mortgage Rates at Highest Level Since July
Mortgage Applications Down Over a Two-Week Period
The refinance share of mortgage activity decreased to 39.4% of total applications from 44.3% the previous week. Continue Reading Mortgage Applications Down Over a Two-Week Period
Mortgage Rates Continue to Rise
The 30-year fixed-rate mortgage averaged 6.85% as of Dec. 26. Continue Reading Mortgage Rates Continue to Rise
Mortgage Forbearance Level Inches Up
The share of Fannie Mae and Freddie Mac loans in forbearance increased 1 basis point to 0.21% last month. Continue Reading Mortgage Forbearance Level Inches Up
