MacPherson has served as the company’s president since 2016 and will replace Adam Kessler, who will take on the new role of chairman of the board. The company also announced the promotion of Kristi Pickering from senior vice president of process automation to chief operations officer and the appointment of Mike Jensen, the company’s executive vice president of marketing and corporate development, to the board of directors.NAR finds nearly one-third of repeat buyers pay cash, narrowing the pool of financed purchase transactions for lenders
First-time homebuyers remain largely on the sidelines of the housing market, accounting for just 22% of purchases as older, equity-rich repeat buyers continue to dominate, according to new data from the National Association of Realtors (NAR).The first-time buyer share edged ...
October hiring more than doubled expectations, pushing Treasury yields higher
Mortgage professionals hoping the recent rate rally had more room to run got some unwelcome news Friday.U.S. employers added 165,000 jobs in October, well above the 65,000 economists expected, according to the Bureau of Labor Statistics. The unemployment rate slipped to 4.1%...
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