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Applications rose the week ending Aug. 2, MBA survey indicates
Stone is a senior financial services executive with more than 25 years of experience, including a lengthy tenure at Mr. Cooper.
The Fannie Mae Home Purchase Sentiment Index (HPSI) revealed that only 17% of consumers think it's a good time to buy a home.
Paying more everything is a barrier to homeownership
Pull-through weighted gain on sale margin of 322 basis points highest since the beginning of the market downturn in 2022.
Lender-affiliate Arc Home originated $604 million in volume during second quarter
Latest earnings represent a 47% increase YOY
Bill Giambrone co-founded the Community Home Lenders Association (CHLA) in 2010 and formerly was CEO of Platinum Home Mortgage.
Census data for Q1 2024 indicates decreases in homeownership rate for people under 35 and over 65