Brenning joins as Head of Production and Collins, as Executive Vice President of Capital Markets.
Sarah Wolak is a staff writer at NMP.
Brenning joins as Head of Production and Collins, as Executive Vice President of Capital Markets.
Johnston has joined the firm as the senior vice president, chief program management and valuation officer.
Nearly 8% of U.S. homes sold in 2023 exceeded the capital gains tax limit of $500,000.
Freddie Mac reported the 30-year fixed-rate mortgage averaged 7.10%.
As CCO, Jessie Ermel will drive quality control and compliance for the company's mortgage operations.
Amidst mortgage rates climbing, the median U.S. home-sale price increased 5% from a year ago.
Rates climbed up for the second consecutive week, posting a 3.3% increase.
Quarterly, home prices rose a seasonally adjusted 1.7% in Q1 2024, essentially the same as the growth in Q4 2023.
Mortgage applications for new home purchases increased 6.2% year-over-year, but only 1% month-over-month.
The 25-branch addition will enhance CMG’s northeastern presence from Maryland to Maine.