Top Headlines
Jay Crowell Named National Retail Division President at Cornerstone Home Lending
He most recently served as president of the Pacific Northwest region. Continue Reading Jay Crowell Named National Retail Division President at Cornerstone Home Lending
Zillow Promotes SVP Jun Choo to Chief Operating Officer
Zillow announced the departures of Susan Daimler and Matt Daimler, president of Zillow and senior vice president of product, respectively. Continue Reading Zillow Promotes SVP Jun Choo to Chief Operating Officer
Fairway Mortgage Corp. Settles Redlining Charges, Accusing Feds of Politically Motivated Probe
The company will pay a $1.9 million civil penalty to the CFPB’s victims relief fund. Continue Reading Fairway Mortgage Corp. Settles Redlining Charges, Accusing Feds of Politically Motivated Probe
Fannie Mae CEO: ‘It’s a Highly Unaffordable Market Right Now’
“You have home prices the highest we’ve seen in two decades,” said Priscilla Almodovar. Continue Reading Fannie Mae CEO: ‘It’s a Highly Unaffordable Market Right Now’
Airbnb Debuts Co-Host Network
Airbnb is offering a selection of more than 10,000 co-hosts across 10 countries. Continue Reading Airbnb Debuts Co-Host Network
Rocket Mortgage to Exit the Canadian Market
Rocket Mortgage plans to complete its exit from the market by June 27. Continue Reading Rocket Mortgage to Exit the Canadian Market
Mortgage Rates Continue to Drop
The 30-year fixed-rate mortgage averaged 6.63% as of March 6. Continue Reading Mortgage Rates Continue to Drop
Shant Banosian Named President of Rate Mortgage
Banosian joined the company (formerly Guaranteed Rate) in 2007 and was most recently executive vice president for sales. Continue Reading Shant Banosian Named President of Rate Mortgage
Refinancing Fuels 20.4% Upswing in Mortgage Application Activity
The seasonally adjusted Purchase Index increased 9% from one week earlier. Continue Reading Refinancing Fuels 20.4% Upswing in Mortgage Application Activity
Union Home Mortgage Acquires Nations Reliable Lending
The financial terms of the deal were not disclosed. Continue Reading Union Home Mortgage Acquires Nations Reliable Lending
Bank7 Acquires First American Mortgage
First American Mortgage has operated since 1993 and facilitated over $3 billion in funding. Continue Reading Bank7 Acquires First American Mortgage
Mortgage Rates Decline Again
The 30-year fixed-rate mortgage averaged 6.76% as of Feb. 27. Continue Reading Mortgage Rates Decline Again
Q4 Lending Down While Refinance Activity Rises
Lenders issued $568 billion worth of residential mortgages in the fourth quarter. Continue Reading Q4 Lending Down While Refinance Activity Rises
Mortgage Application Activity Slows Down
The Refinance Index decreased 4% from the previous week and was 45% higher than the same week one year ago. Continue Reading Mortgage Application Activity Slows Down
New Reports Find Mortgage Applications in Decline as Mortgage Affordability Frays
The average loan size for new homes increased from $400,930 in December to $403,416 in January. Continue Reading New Reports Find Mortgage Applications in Decline as Mortgage Affordability Frays
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