Both Fannie Mae and Freddie Mac this week made two senior hires that increase diversity in leadership at the enterprises, where the leadership skews toward white and male. At Freddie Mac, Dennis Hermonstyne Jr., who previously worked at Santander Bank, will assume the role of senior vice president and chief
Fannie Mae has executed two new Credit Insurance Risk Transfer (CIRT) deals — the seventh and eighth of 2022 — dubbed CIRT 2022-7 and CIRT 2022-8. The two transactions convey a combined $1 billion in mortgage credit risk to private insurers and re-insurers as part of the agency’s ongoing effort to
Flyhomes is the venture capital-fueled real estate company to fall victim to the slowdown in the housing market, opting to lay off 20% of its staff this week. To operate in a fiscally “prudent and sustainable” manner in the face of uncertain economic conditions, Flyhomes said it made the “difficult
Live Oak Bancshares and its subsidiary Live Oak Bank have appointed Casey Crawford, the co-founder and chief executive officer of Movement Mortgage, to its board of directors. North Carolina-based Live Oak Bank’s goal is to be “America’s small business bank,” its chairman and CEO, James S. “Chip” Mahan, said in
Non-QM lender First Guaranty Mortgage Corp. (FGMC) filed for Chapter 11 bankruptcy protection at the end of June — leaving four warehouse lenders on the hook for more than $415 million. Sprout Mortgage imploded in early July, leaving its employees out in the cold. The lender so suddenly shuttered its
HousingWire’s Vanguard award program honors executives in housing who have become leaders in their respective fields and are moving markets forward, each and every day. And today marks the last day of the 2022 nomination period for this prestigious award. We encourage a wide range of leaders to apply for
The U.S. House of Representatives voted this week to give the Department of Housing and Urban Development an 18% increase in funding for information technology. The Transportation, Housing and Urban Development appropriations bill, which was lumped in with five other bills, would set aside $73 billion in gross appropriations for
Home sales dipped 22% in Brunswick County in June, while prices shot up 23%, Realtors said in a rece.
Sales of real estate in Abu Dhabi in the first half of 2022 surpassed AED22.51bn, or some $6.13bn, according to data from the Department of …
The top ten houses on the list of most expensive real estate transactions in Collier County, Florida from Jan. 1 to June 30, 2022.
A new report shows home sales across the country are beginning to slow as mortgage rates continue to climb.
The median sales price of an existing single-family home in Marion County climbed 23.9% in June to $285000. It was $220000 a year ago.
Meridian Listing Agent Kevin Harper Says Idaho Real Estate Market Stronger Than Many Expected
Lake & Town Realty Partners With Real Estate Portal Lakefront Living Realty LLC
Reseller Hosting Provider Launches White Label Webhosting Education Campaign For Freelancers
Ohio Investment Real Estate Broker Launches New Property Search Website
Zillow News Truth Delta: Opinion & Editorial