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Minutes of May meeting reveal discussion of raising rates faster than anticipated.
Had held title of interim director since June 2021.
The national median payment applied for by applicants jumped 8.8% in April to $1,889 from $1,736 in March.
Adam DeSanctis promoted from role as director of public affairs.
Why is the trend happening?
Miami, Phoenix, and Tampa are the top three places for New Yorkers and Los Angelenos.
Nearly half (45%) of 2022 seller-buyers plan to buy outside of their current city or town; 9% say they would move out of state for better deals.
Homepoint's Jumbo ARM is a strategic addition to the company’s expanding jumbo portfolio.
Miami, San Jose and Los Angeles have the highest percentage of foreign homeowners in the top 50 markets