Mortage News

Academy Mortgage has announced the promotion and hiring of three new Vice Presidents
Academy Mortgage Names Three New VPs
Academy Mortgage has announced the promotion and hiring of three new Vice Presidents, as Rob Shockley has accepted the role as Academy’s Senior Vice President of Human Resources; John Norman has been named Vice President of Risk Management... Read more
NAMB—The National Association of Mortgage Professionals has announced the results of its monthly member survey
NAMB Membership Survey Finds Low Home Inventory Chief Obstacle for Homebuyers
Historic low inventory is the main obstacle that is preventing prospective homebuyers from purchasing property, according to a survey released by NAMB—The National Association of Mortgage Professionals.    In a poll of its membership. NAMB... Read more
loanDepot has announced the grand opening of its next generation lending center in Palm Springs, Calif.
loanDepot Opens New Palm Springs Lending Center
loanDepot has announced the grand opening of its next generation lending center in Palm Springs, Calif.   ‘We’re excited to open loanDepot’s first next gen lending location in Palm Springs,” said loanDepot Branch Manager Ron Stowers. “... Read more
Guild Mortgage has promoted Gemma Currier to Vice President of National Retail Sales Operations to oversee the company’s sales technology
Guild Mortgage Promotes Gemma Currier to VP, National Retail Sales
Guild Mortgage has promoted Gemma Currier to Vice President of National Retail Sales Operations to oversee the company’s sales technology, sales training and development, retail administration and project management. In her expanded role,... Read more
Real house prices fell by 1.6 percent between March and April, but increased by 11 percent from April 2016 to April 2017
New Data Plumbs Real House Price Levels
Real house prices fell by 1.6 percent between March and April, but increased by 11 percent from April 2016 to April 2017, according to data in the latest First American Real House Price Index (RHPI) report, which also found unadjusted... Read more
The Philadelphia City Council is considering a bill that would mandate the inclusion of affordable housing units in all new residential developments
Philadelphia Considers Mandate for Affordable Units
The Philadelphia City Council is considering a bill that would mandate the inclusion of affordable housing units in all new residential developments.   According to a Philadelphia Inquirer report, the city introduced a zoning incentive in... Read more
There is a growing level of discontent among Boston residents regarding the cost of living
Boston Residents Voice Discontent About Housing Costs
There is a growing level of discontent among Boston residents regarding the cost of living.   According to a new Suffolk University/Boston Globe poll that ranked the cost of housing on a scale of 1 to 5, 49.2 percent of respondents rated... Read more
Black Knight Financial Services (BKFS) has announced that its proprietary home price index (HPI) hit a new high in April at $275,000
Yes, Home Prices Are Still Rising
Black Knight Financial Services (BKFS) has announced that its proprietary home price index (HPI) hit a new high in April at $275,000, up six percent year-over-year. The latest HPI reading marks a 3.6 percent rise in home prices since the... Read more
The National Association of Realtors has named Bob Goldberg as its new CEO
NAR Names New CEO
The National Association of Realtors has named Bob Goldberg as its new CEO.   Goldberg was previously NAR’s senior vice president in charge of sales and marketing, business development and strategic investments, professional development... Read more
Seventy-one percent of homeowners think now is a good time to sell
Is Now the Best Time to Sell a House?
Seventy-one percent of homeowners think now is a good time to sell, according to the latest quarterly Housing Opportunity and Market Experience report from the National Association of Realtors (NAR). The level of optimism is higher than... Read more