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Median prices inside nearly half of the zones analyzed rose more than 10% quarterly and annually.
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.