Airbnb vacation rentals took over one city in Arizona, frustrating its citizens and causing business leaders to speak out. It is now estimated that about 1,000 homes, or 20% of the city’s to... Read more
loanDepot CEO Anthony Hsieh shocked the mortgage business a bit earlier this month when he announced that the company’s chief technology officer, Dominick Marchetti, was leaving. At the time... Read more
Investment company Pacific Oak Capital and Defer Gain, an Arizona-based real estate development company specializing in Opportunity Zone investments, have announced their joint venture to de... Read more
Only a few months after merging with Farmers Exchange Bank, Gateway First Bank has appointed Jeff Schmidt as its chief mortgage operations officer. In this new role, he will manage underwrit... Read more
In the latest in a string of mergers and acquisitions in the mortgage lending space, American Mortgage Service Co. and Eustis Mortgage announced recently that they plan to merge. According t... Read more
Each week, HousingWire interviews financial services experts who can help make sense of the latest headlines, sponsored by our partners at Blend.This week, Kal Elsayed, the President and CEO... Read more
America’s homeownership rate fell to 64.1% in the second quarter, sliding from the prior quarter’s 64.2%. While the nation’s senior population continued to dominate, with a 78% rate, an anal... Read more
Federal Housing Finance Agency Director Mark Calabria told HousingWire this week that he supports the Consumer Financial Protection Bureau’s move to kill the QM patch. Calabria said any move... Read more
The risk of mortgage application fraud fell in the second quarter of 2019 thanks to a decrease in interest rates. According to CoreLogic’s National Mortgage Application Fraud Risk Index, fra... Read more
Falling mortgage rates have provided a welcome boost to the multifamily market, according to the latest report from Freddie Mac, which showed that multifamily investment rose in the first qu... Read more
