Chicago-based Interfirst Mortgage Co. will lay off 77 employees in its Charlotte, North Carolina office come January 2022, a Worker Adjustment and Retraining Notification Act (WARN) notice filed by the company reveals. Among those getting a pink slip are 49 loan officers, 10 national account managers, seven retail sales managers
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If you added up the impact that HousingWire’s Vanguard winners have had on the industry, you’d likely have a comprehensive list of the initiatives that have moved markets forward. These are the leaders who have dreamt, shaped and molded a better way to execute the home-buying journey. From injecting technology
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As home equity reached another record high this year, mortgage companies have a big opportunity to help homeowners understand how to better manage or leverage their home’s equity to improve their housing and overall financial outlook. Even as rates are slowly beginning to increase, cash-out refinancing options are still a
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Guaranteed Rate’s Shant Banosian has topped his record-setting 2020 in a big way: year-to-date, the loan officer has funded a whopping $2 billion in total origination volume, the lender announced on Tuesday. The figure is believed to be a record for a retail loan originator. Banosian, who has several dozen
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A shortage of affordable starter homes is thwarting aspiring first-time homebuyers and fueling inflation in home prices. At the same time, many urban and rural communities are struggling for stability and vitality. It’s a fact: the homeownership gap between Black and white households is wider now than when the Fair
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The MSR sales market is finishing out 2021 at a robust pace that market observers expect will continue into the new year, propelled by a rising-rate environment and anticipated tax-code changes. As evidence, Denver-based Incenter Mortgage Advisors this month unveiled three new MSR bulk-sales packages that have been put out
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This Lunch and Learn will examine the nation’s lack of housing inventory and the factors that have contributed to a decline in homebuilding. The discussion, which will feature speakers from the National A After last year’s record growth, mortgage leaders are left wondering where the market will go next —
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President Joe Biden nominated Jerome Powell for a second term as Federal Reserve chair, and elevated Lael Brainard to vice chair, the No. 2 position at the central bank. Powell’s response to the COVID-19 pandemic, in the form of aggressive monthly asset purchases beginning in March 2020, set off an
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Realogy says it is real serious about its two-year-old iBuying division, RealSure. “Our RealSure investment will step up meaningfully in Q4 as we continue to scale, launch this new product, expand our direct-to-consumer marketing and substantially build out the business and the team even more under Katie’s leadership,” Realogy CEO
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If you added up the impact that HousingWire’s Vanguard winners have had on the industry, you’d likely have a comprehensive list of the initiatives that have moved markets forward. These are the leaders who have dreamt, shaped and molded a better way to execute the home-buying journey. From injecting technology
Read more
In this Q&A, Senior Real Estate Reporter Matthew Blake gives HW+ members the inside scoop on what happened at NAR‘s annual conference. Blake breaks down his biggest takeaways from the conference as well as what realtors should expect from the NAR agenda next year. The Q&A was hosted in the
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The challenges that lenders, real estate professionals and communities face as they work to increase homeownership among minorities and promote equity in lending can seem too big to tackle. Join us for a discussion on how to address these challenges and learn why increasing minority homeownership is critical to a
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