Higher interest rates upend homebuilders’ fortunes (again)

Homebuilders weren’t surprised by the better-than-expected new home sales report released on Friday, though some were a little shocked. From November 9th through early February, the future purchase requisition data…

2022 Rising Star Award Winner for Brand Strategy

In the HousingWire Awards Spotlight Series, Editor’s Choice AwardNomination of housing wire 2023 Hardware Rising Star Now open until Friday 24th February 2023. click here To nominate someone from your…

New American Funding Names Co-CEO and President

california lenders new america fundraising promoted Patti Albiero to CEO, making her co-CEO with her husband, Rick. Christy Bunce succeeds her Arvielo as president. “Patti Albiero served as president of…

Figure partners with NovaWulf on proposed restructuring of Celsius

Fintech figure technologies partner with NovaWulf Digital Management Providing Blockchain Technology Solutions to Troubled Crypto Lender Restructuring Proposals Celsius. The partnership was made public by Figure on Thursday, a day…

Divvy Homes reportedly made another layoff

Rental to Own Startup Davy Holmes It reportedly implemented new job cuts on Wednesday. This included the layoffs of a number of senior officials. This is at least his second…

APM Makes Leadership Changes While Continuing Eye Expansion

California based retailer American Pacific Mortgage (APM) has made a leadership change while continuing to focus on expansion in the Midwest and Southeast. Bill Lowman was appointed Vice Chairman of…

EPM Files Counterclaim Against Jesse Iwuji Motorsports

Equity Prime Mortgage (EPM) filed a counterclaim jesse yuji motorsport (JIM) was arrested last week on suspicion of violating a sponsorship agreement. An Atlanta-based mortgage company has accused Stock Car…

Kechian, head of LoanDepot LO, sees the bidding war return to his market.

Berekesian, loan depot. Ketian – who was Scottish guide8th Top LO for 2021 – Since the first week of January, mortgage demand has been lower than it was a month…

Michael Strauss, Smart Rate License Suspended in Illinois

Illinois regulators have suspended the MLO license of industry veteran Michael Strauss and the license of his mortgage company. smart rate mortgage, essentially preventing the company from doing business in…

Guild acquires small retailer Legacy Mortgage

acquisition lender guild mortgage announced the acquisition on Tuesday legacy mortgageincreasing its footprint in the Southwest. The Listing Guild is picking up Legacy’s 13 branches across four Southwestern states: Arizona,…