ServiceLink Names Jamie Rey-Hipolito VP of Single-Family Rental
Amassing more than 20 years of real estate operations and asset management experience, ServiceLink adds vet to expand the company’s SFR solutions for investors and clients. The post ServiceLink Names [...]
GSE Transfers Nearly $2B of Mortgage Credit Risk to Insurers
Fannie Mae has announced the execution of its second and third Credit Insurance Risk Transfer (CIRT) transactions of 2022. As part of Fannie Mae's ongoing effort to reduce taxpayer risk [...]
First-Time Buyers Continue to Feel Supply Chain Impact
As new home sales experienced a decline in February, the 20.4% rise in building materials year-over-year is being passed on to the consumer and pricing many out of the market. [...]
Wendell Chambliss Named Freddie Mac SVP, Chief Diversity Officer
Freddie Mac announced that Wendell Chambliss, a 20-year veteran of the company, has been appointed Senior VP and Chief Diversity and Inclusion Officer (CDIO). In this newly created role, Chambliss [...]
New Biden Plan Seeks to Eliminate Bias in Home Lending and Appraisals
The PAVE Action Plan is aimed at advancing equity in the appraisal process and promoting generational wealth creation through homeownership. The post New Biden Plan Seeks to Eliminate Bias in [...]
Your Home Probably Earned More Than You Did Last Year
There Are 2,080 work hours in a year, assuming a standard 40-hour work week, and depending on your job, your earnings may vary widely. But according to Zillow, if you [...]
HUD Distributes Nearly $3B in Disaster Recovery Funds
Ten local governments and 13 state governments share in $3 billion to strengthen recovery efforts and improve inclusive resilience to future disasters and climate impacts. The post HUD Distributes Nearly [...]
March Sales to Produce Largest Monthly Increase in Closings
RE/MAX released its National Housing Report for February 2022, revealing home sales fell approximately 1% from January, planning for what is typically the year's biggest month-over-month incline in sales. March [...]
Mr. Cooper Acquires Residential Portfolio of Community Loan Servicing
In addition to the servicing of approximately 140,000 residential mortgage loans, Mr. Cooper Group will add more than 500 CLS employees to its team under new deal. The post Mr. [...]