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More than 1.5 million residential mortgages were originated during the second quarter, according to new statistics from ATTOM Data Solutions
One-Third of Americans Find Mortgage Process Stressful
Nearly one-third of Americans have no familiarity with mortgage lending options, and the same number find the mortgage process too stbased digital mortgage company ressful, according to a survey released by the San Francisco-based digital... Read more
Gino Blefari Named CEO at HomeServices of America
HomeServices of America, an affiliate of Warren Buffett’s Berkshire Hathaway operations, has named Gino Blefari as its new Chief Executive Officer.   Since 2015, Blefari served as CEO of HSF Affiliates, the HomeServices’ subsidiary... Read more
Freddie Mac has announced the promotion of Executive Vice President Ricardo A. Anzaldua to General Counsel and Corporate Secretary
Ricardo A. Anzaldua Named Freddie Mac General Counsel
Freddie Mac has announced the promotion of Executive Vice President Ricardo A. Anzaldua to General Counsel and Corporate Secretary. He succeeds William H. McDavid, who retired earlier this month.   Anzaldua joined Freddie Mac in May 2018... Read more
United Wholesale Mortgage (UWM) has announced that it has set its sights set on hiring more than 800 people in 2019
United Wholesale Mortgage to Add 800-Plus New Hires in 2019
United Wholesale Mortgage (UWM) has announced that it has set its sights set on hiring more than 800 people in 2019.   “UWM is hitting on all cylinders right now, and we expect to substantially grow in the next 12 to 18 months on our way... Read more
When it comes to competition for available housing inventory, Denver leads the nation, according to a new study from LendingTree
The Market With the Most Competitive Homebuyers Is …
When it comes to competition for available housing inventory, Denver leads the nation, according to a new study from LendingTree.   The study analyzed the 50 largest metropolitan areas based on the share of buyers shopping for a mortgage... Read more
Radian Group Inc. has announced its acquisition of Five Bridges Advisors LLC
Radian Group Acquires Five Bridges Advisors
Radian Group Inc. has announced its acquisition of Five Bridges Advisors LLC, a developer of proprietary software, data analytics and predictive models leveraging artificial intelligence, machine learning and traditional econometric... Read more
Mortgage applications were up for the second week in a row, according to new data from the Mortgage Bankers Association (MBA) covering the week ending Jan. 11
Mortgage Applications Rise Again
Mortgage applications were up for the second week in a row, according to new data from the Mortgage Bankers Association (MBA) covering the week ending Jan. 11.   The Market Composite Index rose by 13.5 percent on a seasonally adjusted... Read more
The most prominent freshman member of the 116th Congress has landed a seat on the House Financial Services Committee
Ocasio-Cortez Named to Financial Services Committee
The most prominent freshman member of the 116th Congress has landed a seat on the House Financial Services Committee.   Rep. Alexandria Ocasio-Cortez (D-NY) announced on Twitter that she received appointment to the Committee.   “Financial... Read more
Millennials
New Study Details Millennial Homebuyers
Who are today’s Millennial homebuyers and what are they looking for? A new survey of 1,000 Millennials conducted by Clever Real Estate finds a demographic that is eager—if not always ready—to pursue homeownership.   According to the new... Read more
Redfin is opening its first brokerage operation outside of the U.S. with the launch of services in Toronto and Vancouver in March. The Seattle-based company plans to expand into a national Canadian real estate search site and brokerage service this year
Redfin Expands Into Canada
Redfin is opening its first brokerage operation outside of the U.S. with the launch of services in Toronto and Vancouver in March. The Seattle-based company plans to expand into a national Canadian real estate search site and brokerage... Read more