LendingHome Hires New Chief Risk Officer
Utilizing LendingHome’s “remote-first” policy, she will work for the North Carolina-based company from her home in Nebraska. The post LendingHome Hires New Chief Risk Officer appeared first on DSNews. Source: [...]
Home Sale Profit Margins Hit 10-Year High
In Q3, home sellers earned record profits, as the median U.S. home price jumped 16% to $310,500, reaching levels not seen in a decade. The post Home Sale Profit Margins [...]
Illinois Court Finds Rent Ordinance Violated State Law
Christopher Iaria of Diaz Anselmo & Associates takes a closer look at the far-reaching ramifications of a lawsuit involving a Chicago city ordinance. The post Illinois Court Finds Rent Ordinance [...]
October Saw Net New Housing Inventory Levels Drop Again
Weary homeseekers aren’t going to see any relief soon as the latest Market Pulse report from HouseCanary, a real estate valuation brokerage whose team of economists regularly researches and reports industry trends, found that inventory levels dropped again [...]
Bankruptcies Continue Upward Trend
Epiq, an Atlanta-based provider of intelligence to the legal services industry, has released its October 2021 bankruptcy filing statistics from its AACER subsidiary which found that filings rose by 1.8% last month representing 31,471 filings of all types, up [...]
Lower Fintech Names New CTO
Bill Kaper brings decades of technology expertise to the company, having previously served at Silicon Valley fintech Huckleberry, Root Insurance, and Amazon. The post Lower Fintech Names New CTO appeared [...]
Property Values Rise Continue to Rise
The October 2021 Home Data Index Market Report (HDI) has been released by Clear Capital—a Nevada-based property valuation management and data solutions company—shows that the average American home increased in value by 5.3% over last quarter. According to [...]
LOs Earned Less in Q3
A combination of increased staffing and a drop in refi volume cut into profitability in the third quarter of 2021. The post LOs Earned Less in Q3 appeared first on [...]
Driving MSR Trades Into The Future
If you look under the hood, our industry is still being powered by technology built more than a decade ago—creating downstream impacts to the secondary market. The post Driving MSR [...]