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Coming Up:
Lone Peak Lending Joins Panorama Mortgage Group
Names Donovan Stamps as president.
Fairway Independent Mortgage Hires Former PrimeLending President
Firm says Scott Bristol is part of aggressive originator expansion.
Mortgage Rates Jump Back Above 5%
Freddie Mac says rates recent volatility continues.
Home Prices In Q2 Rose By Double-Digits In 4 In 5 Metro Areas
NAR report says housing affordability tumbled dramatically in the second quarter.
Redfin: Share Of Relocating Buyers At All-Time High In July
People are looking for less expensive and better lifestyles.
Redfin Expands iBuying Business To Florida
RedfinNow, which makes cash offers for homes, now operates in 34 markets in 16 states and the District of Columbia.
Fannie Mae Appoints Chief Audit Executive
Cissy Yang, an experienced financial services executive, will lead the GSE’s audit strategy.
loanDepot Dumping Brokers, Exits Wholesale
The second-largest retail mortgage lender has cut nearly 4,000 jobs since the end of last year and will close its wholesale business.
Aug 10, 2022
SEC: Angel Oak Capital Advisors Misled Investors
Company, portfolio manager agree to pay $1.825M combined in civil penalties.