Mortgage originator loanDepot on Tuesday unveiled a plan to cut thousands of jobs and reduce costs “significantly” as higher interest rates sink mortgage demand—becoming the latest company to warn that the housing market is due for a steeper turnaround after the pandemic-era home-buying frenzy.
Earlier in his career, he served as vice president and regional manager at Intervest Mortgage Investment Co. Continue Reading Peachtree Group Taps Mike Morey as EVP for Capital Markets
Daniel Loeb, the billionaire activist investor founder and CEO of the alternative asset management firm Third Point LLC, has withdrawn his threat of a proxy fight to force a change of leadership at CoStar Group (NASDAQ: CSGP). According to a Reuters report citing...
The property is roughly 57% occupied. Continue Reading Interra Capital Group Acquires Houston’s Greenway Plaza Office Campus
Herrera first joined the company in 2022 as a loan officer before being promoted to producing sales manager. Continue Reading National Mortgage Bankers Promotes Yasser Valdes Herrera to President of Americasa Mortgage Platform
Home sellers aggressively cutting their listings prices, a stalemate for Kansas property tax relief, and a hurricane-damaged stadium reopens for the new baseball season. Continue Reading Hits and Misses for the Real Estate Week of April 6-10
NAR will seek a stay in the ongoing Batton lawsuit, with the organization claiming the settlement in Tuccori is intended to release the claims in the Batton case. Continue Reading NAR in $52.25 Million Settlement of Tuccori Commissions Lawsuit
Maine Home Sales Total and Median Sales Price Unchanged Year-Over-Year
WRS Inc. Breaks Ground on $1.2 Billion DC-Area Mixed-Use Project
Philip O’Bannon to Lead Newmark’s Infrastructure Capital Market…
Existing Home Sales Down During March
A Phil Hall Op-Ed: How Does ChatGPT View Honesty Among Realtors?
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