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May 09, 2006

California industry appointments update - 5/10/2006MortgagePress.comMortgage industry positions - IndyMac Bank has made the following promotions: Rebecca Angelos to vice president and marketing event manager for the mortgage banking division, Alma Robes Apodaca to vice president of human resources of the secondary marketing and retained asset management division, Daris Buckler to vice president of the homebuilder division, Jill Jacobson to vice president of the secondary marketing division, Mallik Kesavaraju to vice president of information technology of the global resources division, Madu Kolla to vice president of the mortgage banking process and technology division, Michael S. Nakama to first vice president of corporate administration, Bill Rothman to chief lending officer and senior vice president of the homebuilder division, Ken Ruzak to first vice president of the home loan servicing division, Meg Wade to first vice president of investor relations, and Maria Ziegler to first vice president and national syndication officer of the homebuilder division.

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May 09, 2006

Analysis and Data

Buyers Catch A Break As Inventory Climbs And Competition Fades

Sales rose 3.5% in May as inventory hit a post-2020 high of 1.3 million listings, with sellers cutting prices on a record 26% of homes

Home shoppers got some welcome breathing room in May as home sales ticked up and competition eased, according to Zillow’s latest market report. A combination of slightly lower mortgage rates, a surge in inventory, and record price cuts contributed to the modest rebound in ...

People On The Move

Ed Ainbinder Joins Gradient Mortgage Capital As SVP Of Sales

With a background in small balance commercial and investor residential lending, Ainbinder will lead sales strategy as Gradient accelerates growth

Gradient Mortgage Capital has announced the addition of Ed Ainbinder as Senior Vice President of Sales, reinforcing the company’s commitment to growth in the Small Balance Commercial and Investor Residential lending space. Ainbinder brings with him a proven history of bui...