NAHB report: Builder confidence declines further in July

National Mortgage Professional

Jul 15, 2008

Das named CEO of CitiMortgageMortgagePress.comSanjiv Das, CitiMortgage, CitiGroup, Bill Beckmann, Morgan Stanley, CEO Sanjiv Das has been named chief executive officer of CitiMortgage, a subsidiary of O'Fallon, Mo.-based Citigroup. Das will replace Bill Beckmann, a 20-plus year veteran of Citigroup. Beckmann had served as CEO since 2005. Das returns to Citigroup from Morgan Stanley, where he served as managing director in the company's institutional securities group. Das previously worked at Citigroup from 1991 to 1999 in its global mortgage product group and in positions overseas. For more information, visit www.citimortgage.com.

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Jul 15, 2008

Analysis and Data

New Home Sales Dip In October But Remain Strong Year-Over-Year

October 2023 sees a 5.6% decrease in new single-family home sales compared to September, yet records a robust 17.7% compared to October 2022.

New data from the U.S. Census Bureau and the Department of Housing and Urban Development shows that new single-family home sales in October dipped, reaching a seasonally adjusted annual rate of 679,000. While this figure reflects a 5.6% decline compared to the revised Septem...

People On The Move

Five Leaders Appointed At Mortgage Subservicer

Cenlar promotes, appoints five to leadership roles

Mortgage subservicer Cenlar FSB recently announced the appointment and promotion of five leaders. The Ewing, N.J.-based company appointed two new directors and promoted three leaders to new positions. “I want to welcome our new directors and con...