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Coming Up:
Redfin: Higher Rates Mean Fewer Million-Dollar Homes
Share of U.S. homes worth at least $1 million has fallen to 7% from 8.6% last June.
NAHB: 49% Of U.S. Households Can’t Afford A $250K Home
Organization updates its 2023 ‘housing affordability pyramid.’
Even Without Layoffs, UWM Has Cut 30% Of Its Staff
Nation's leader in origination volume has reduced its staff by 2,600 since 2021; Rocket Cos. has cut 29%
Churchill Mortgage Announces 2 Personnel Moves
Jesse Vazquez hired for talent acquisition role; Kelly Lee promoted to nationwide sales post.
Former Celebrity Home Loans Employees Headed To Court
Class Action Filed In Cook County Court
Ellington Financial Ends 2022 On Strong Note
Completes 8th Non-QM securitization as company rebounds to a profit in Q4.
LBC Mortgage Now Offering Non-QM, DSCR Loans
LA-based lender says Non-QM loans available only in California; DSCR program available in 38 states.
Redfin: 53% Fewer Affordable Homes For Sale In 2022
White households had three times as many affordable housing options as Black households.