After former Consumer Financial Protection Bureau Director Kathy Kraninger stepped down Wednesday at the request of President Joe Biden, Dave Uejio took over as the bureau’s acting director. Biden named Uejio acting director late Wednesday, moving him from his previous role as CFPB strategy program manager. In that role, he
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Single-family housing starts ended 2020 on a high note, rising 12% in December to a 1.338 million unit pace – the highest pace since 2006, according to the Census Bureau. That’s up 27.8% from one year ago, a remarkable figure given the economic effects of the COVID-19 pandemic, per industry
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After his inauguration Wednesday, President Joe Biden swore in Jenn Jones as the new chief of staff for the U.S. Department of Housing and Urban Development. Jones will replace former HUD Chief of Staff Andrew Hughes. She was among several senior appointees who took part in a virtual swearing-in ceremony
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This article originally appeared in FinLedger, HousingWire’s sister-publication focused on Fintech. Notarize has tapped Larry D’Angelo as its first president and chief commercial officer, the company announced on Thursday. Boston-based Notarize is a remote online notarization business that helps companies digitize across the real estate, auto, financial services and other industries. The company
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The average mortgage rate for a 30-year fixed loan fell two basis points last week to 2.77%, according to Freddie Mac’s Primary Mortgage Market Survey. Now 12 basis points above the record low set Jan. 7, rates more closely resemble those seen over two months ago. The 15-year fixed mortgage rate
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Chime Technologies’ AI Assistant The AI Assistant is the industry’s first AI Chatbot built on Google’s machine learning technology. The AI Assistant is saving agents time and effort while simultaneously carrying on hundreds of conversations with leads. Agents using the AI Assistant are only handed leads who have been warmed
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Before you buy a home is you should first do some research. And not just research on the best down payment or neighborhood to live in – you should also search the right mortgage lender. The type of mortgage loan you qualify for is just as important as the mortgage
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Consumer Financial Protection Bureau Director Kathy Kraninger announced Wednesday she is resigning from her post at the request of President Joe Biden’s administration. “As requested by the Biden administration, today I resigned as Director of the CFPB,” Kraninger said. “I am proud of all that we accomplished on behalf of
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Homebuilder confidence in the U.S. fell to a four-month low in January as builders expressed concerns about higher house prices, COVID-related supply chain issues and construction costs. Builder confidence in single-family homes dropped to 83 in January from 86 in December, according to the National Association of Home Builders and Wells Fargo Housing Market
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